Posted by dumbMoney > 2021-11-03 20:45 | Report Abuse

Bravo! You really torn apart the fake statistics of TTB. Not many people would want to spend this amount of time to debunk his claims. The mere fact that he has refused to acknowledge the dividend returns of the index when making his comparisons already showed how transparent he is.

Posted by enigmatic [hodl your shares] > 2021-11-13 10:49 | Report Abuse

cnman53 should raise his/her questions in AGM. You always appear here before ICAP's AGM is held, even last year.

Posted by cnman53 > 2021-11-14 00:48 | Report Abuse

I have raised my questions by email to iCap on 13 Nov 2020 before the 16th AGM which was held on 28 Nov 2020. But my questions were mainly swept under the carpet and sidestepped in the AGM.

So this is the only way I hope to share my findings with fellow shareholders.

You can refer to my blog on 13 Nov 2020 titled: “Questions to be asked in the 16th AGM” which were the basic questions that I had written to the Chairman of the Board.

I had also emailed further questions to the Chairman on 23 Nov 2020. The questions you can find in my blog of 23 Nov 2020 titled “Further questions to be asked in the 16th AGM”.

I have also talked about the limitations for questions to be raised in the AGM in my blog titled “From Company AGM to Parliament Sitting” on 7 Dec 2020.

We need alternative channel to voice our concern.

Posted by Evelyn11 > 2021-11-19 09:15 | Report Abuse

hello cnman, i dunno what ttb had done to you, making you so aggressively attacking him every time before the AGM and try to find mistakes from the annual report. i saw this post after reading ur post on annual and annualised return (which i have commented also in case you miss it), sincerely hope that you could improve ur reading and knowledge so that you don't look so stpd and sfsh when saying the wrong thing.

after reading ur "hardwork" here, again, i just find it funny and nonsense. i'm shock that there're ppl agreed with you, haha. if you couldn't read the article or report properly, get someone else to help.

it is clearly mentioned that the figure 5 in icap 2021 annual report is comparing the performance of icap vs scottish mortgage from day 1 to day 5,789, meaning for icap, their day 1 is 19 oct 2005 and for scottish, the day 1 is referring to 28 feb 1994 (i guess, by referring to the previous figure). else, ttb will put there form 19 oct2005 to xxx date instead of day 1 to day 5789.

by common sense, if you'll to tell the achievement of 2 ppl with difference age (for eg one is 65 and the other one is 45), for sure you will ask what you have when you're 30? instead of what you have right/what are your achievement now. isn't it unfair to compare what they have now.

please fair, take away ur color specs, and be fair to icap.

Posted by MG9231 > 2021-11-19 10:13 | Report Abuse

I sold my Icap @$2.17 in 2020 and swapped the same amount with Genting @$3.30
Forget about this useless and self interest so called "fun manager"
better DIY yourself

Just goggle his ICAP International Valued Fund & Icap Global fund
both tell you thousands word than unnecessarily argument here

Posted by cnman53 > 2021-11-19 10:16 | Report Abuse

Evelyn11, you said the day 1 is referring to 28feb 1994 (you guess, by referring...)
So you are guessing? Well don't guess. Why don't you ask ttb to state clearly what date he is using and what data is he using for each date when he plot the graph. That was what I have been asking in my comment. Asking iCap to be transparent in what they do. Especially when ttb tell us that the annual report is the place where investor should pay attention to for iCap, and not the financials. This he has emphasised all along. So definitely I will want to drill into the report and let known what appears to be amiss.

Posted by Eastern686 > 2021-11-19 10:59 | Report Abuse

TTB actually is inferring his clients to gv icap FUN 50 more years, 70 more years or 100 more years like the Scotish fund thingy, for icap to perform well, and pls don't terminate the FUN at the end of this fun u think around next year or so, please sambung the fun to ur cucu cicit to hv FUN. And for him to realize his ambition for dirikan a successful closed end FUN, 50 years from now.

Posted by Eastern686 > 2021-11-19 11:01 | Report Abuse

So u all pembeli FUN should according to him pls support to help him 完成想梦想。

Posted by MG9231 > 2021-11-19 11:19 | Report Abuse

ya, he draws a cake on the wall, do nothing and enjoys his "easy, perpetual cash free flow" management fees from Icap every year while Icap shareholders and hardcore supporters have endless n unnecessarily debates/argument with one another