Don't ask him about his investment strategy (high cash). that's his job as manager. He will just reply current valuations of good companies are too high, not worth to invest. Just attack him on why is his management fee still so high despite his main job is to rollover FD/STMMD everyday.
when market Good, it keep increase cash level, I'm sure, he will pick the falling knife when market BAD. Just like Old Man say: Good Market you cannot earn $$ what are you expect when BAD market coming? will it earn $$ at BAD market!! sure lost underwear.
Don't ask him about his investment strategy (high cash). that's his job as manager. He will just reply current valuations of good companies are too high, not worth to invest. Just attack him on why is his management fee still so high despite his main job is to rollover FD/STMMD everyday.
You are perfectly correct. A gentleman would admit mistake for his mis-judgement in market readings. Ask for forgiveness and initial his pay-cut in his management and advisory fees. I notice, a lot of shareholders already raise their concern why cash level are increasing since last 5 years. He has given is standard answer that recession will come very soon. Stand by cash to buy at the market crash.
when market Good, it keep increase cash level, I'm sure, he will pick the falling knife when market BAD. Just like Old Man say: Good Market you cannot earn $$ what are you expect when BAD market coming? will it earn $$ at BAD market!! sure lost underwear.
I CAN'T AGREE MORE OF WHAT YOU SAID.
That is the reason I anticipate a budget of $65m must allocated for his management and advisory fees if recession really comes true. All cash saving are meant for him only. His naïve n loyal shareholders who listened to him and allocated majority of their wealth in this counter will cry then.
Must declare I don't hold any share here but curious bcos the strategy involved here is wait for a deep market collapse and cream the investments on recovery, and claim also, credit for wise action. Then beat the chest and shout like Tarzan and add Warren to my name. The present loser will eventually be a winner, but the never ending boom market will delay this for a bit yet. Hard to believe that so many clever people can be stuck here for so long. Most of you could have done much better on your own. For now, it is not about what questions to ask at the AGM, but to ask yourselves what you should do NOW. I'd walk away and find a new promising company to place the money or put it under my pillow. By the sequence of events, just imagine what would happen to the share price if the market collapses.
In any investment theory, knowing the key management personnel is the utmost importance factors to be considered before parting your hard earned money in the investee companies.
How you know their characters? will they take care of shareholders, willing to work hard for the benefit of shareholders or preaching one things and doing it is another thing. Do they keep their promises? Draw a big cake on the wall and bluff the ways through while find ways to curi company's fund. Only history will tell you. Do icap Bhd has a long history? latest 6 yrs clearly show it to me. So, I am lo lo soh soh to tell the characters of fund managers of Icap Bhd. His true colour to myself as well as newbie. Put it in record in i3 investors for future newbie's reference.
Investment is not a matter of winning and losing of money and wrap it up by just walking away.
At least you know the reasons why and when times come you know how to handle the investee co.
Can Tan Teng Boo convince you by saying don't know the reasons why he lost a lot of money on Parkson ? Parkson not his test and just walk away after holding it since inception of Icap bhd. he even average it last year.
For now, it is not about what questions to ask at the AGM, but to ask yourselves what you should do NOW. I'd walk away and find a new promising company to place the money or put it under my pillow.
ha...ha... u decide 2 buy, u decide 2 sell. dusti is rite, so many clever people here. like mg9231, keep f*king Ttb still keep so many icap shares....duh? sounds like icapshit!!! 2 also full of shit...ha...ha
For now, it is not about what questions to ask at the AGM, but to ask yourselves what you should do NOW. I'd walk away and find a new promising company to place the money or put it under my pillow.
ha...ha... u decide 2 buy, u decide 2 sell. dusti is rite, so many clever people here. like mg9231, keep f*king Ttb still keep so many icap shares....duh? sounds like icapshit!!! 2 also full of shit...ha...ha
Tan Teng boo lagi datang sini peep again, selamat petang.
Nothing much to do in the eve of icap bhd AGM , must talk bad on him so more shareholders will spit on him during AGM lah
I attended Icap AGM before listen to Tan teng Boo teased and talk bad about Malaysia. How stupid the BN leadars manage Malaysia, Blah blah...
Why are you, tan teng boo still stay and live in Malaysia today. you should migrate long ago. You bastard, don't do what you preach.
You list Icap Bhd in KlSE, if you have guts, just tell loudly during coming AGM to all shareholders "if you don't like Icap Bhd, talk bad about Tan Teng Boo ,just sell it", I will be there to listen your this sentence.
nhy6 ha...ha... u decide 2 buy, u decide 2 sell. dusti is rite, so many clever people here. like mg9231, keep f*king Ttb still keep so many icap shares....duh? sounds like icapshit!!! 2 also full of shit...ha...ha
nhy6, mana boleh, tan teng boo, sudah goyang kah, You don't read it properly my thred above , I plan to sell it to City of London ..
lol nhy6, not everybody is like u. i know u stare at the computer 24/7 waiting and thinking how to reply. think people so free to reply you right away? something wrong with ur brains la. ur comments are all haywire and directionless. u are of no value.
Nhy6 Tan Teng Boo, Investor MG9231 is not a newbie lah, no need to rely on you for tips ,or your toilet paper subscription for idea lah, not need poh your lam pah , you know but able to talk bad about you lah. Investors just load a few timber and palm oil company this morning still have a lot of time to cerita your "lousy waiting game" stretagy, you will be catching a falling knifes lah. Why tunggu sampi tak habis habis, now timber and oil palm companies already have value, why still waiting. May be next few months sudah boleh havest. MG9231 don't have to be an economy expert to buy share lah you think MG9231 rely on you, you didn't ask Calvin properly kah, You already know ajiya bhd alone MG9231 made millions. If rely on your icap Bhd alone, MG9231 already lapar sampai mati lah.
That nhy6 is in fact nick name of Tan Teng Boo, mana ada standard. everybody can see it. Investors normally are so free until "Yeo lam pah and nothing to do or do nothing, after execute order, talk nonsense lah.
Who ask your company icap Bhd list in bursa? and let MG9231 bought it, If you don't let Mg9231 bought and hold it, then boh tai chi lah, he will not let others know your lousy standard lah. Know economy term half past 6 , only know recession but don't know opportunity cost. mati lio, must let a lot of shareholders curse you in coming AGM . Yet you blame people buy your company shares.
Tan Teng BOO, let me MG9231 tell you lah, if you worry Mg9231 and other talk bad about you, the correct way is to privatise it and keep all icap bhd shares with your mistress lah. as simple as that. Mg9231 first time heard the top manager chase away shareholders lah, very ashamed of you in investment industry lah.
It is weird to hear someone asking SHARE-OWNER to leave the company instead of firing non-performing MANAGER whom is makan gaji in the company.
look at his standard, don't you agree. nothing different from Samseng or gangsters lah.
he can threatening newbies or new investors, but not Mg9231. Initially, he acts as so humble and different to other company by addressing shareholders as shareowners. I was impressed. But, today everybody can see his true colour lah.
A laughing stock at end of the day, underperformed fund manager Tan Teng Boo @ nhy6 is chasing away investors who invest and talk bad about him and his company where he holds the position as fund manager 2 days before Icap Bhd AGM.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Zea XG
303 posts
Posted by Zea XG > 2016-09-22 17:31 | Report Abuse
Don't ask him about his investment strategy (high cash). that's his job as manager. He will just reply current valuations of good companies are too high, not worth to invest. Just attack him on why is his management fee still so high despite his main job is to rollover FD/STMMD everyday.