Benjamin Zhang's comment on ICAP. All Comments

Benjamin Zhang
Like · Reply
ICAP is an ultra-long term stock. Expect to buy it and hold in perpetuity. Think of it as investing in a tiny piece of empty land. It would not give you returns in the short term. But over a period of time, eg 10-20 years, it will give you satisfactory returns.
Show more
kent tan
It's a rubbish stock. Looks at its performance over the years, its pathetic
Like · 7 months · translate
Benjamin Zhang
Performance wise, yes it's poor compared to other blue chips like Topglove, PublicBank, etc. However, ICAP will never suffer a huge fall like BAT, Dlady, Parkson, etc. Hence, it is a very, very defensive stock. It will not suffer a huge fall. No worries of suffering 50% loss.

Personally, my spare money is in ICAP now, by buying at multi year low prices, instead of placing in FD. Conservatively, I'm looking forward to 10-20% returns in a year, ie TP of RM2.20 next year, when stocks in its portfolio such as SAM & Padini recover.

ICAP is like a tortoise, and I believe slow and steady wins the race. But I understand that one man's meat is another's poison.
Show more
Like · 6 months · translate
Desmond Lee
kent tan yes 100% agree it's rubbish , pui asia buffet pui pui pui , 10 years ago stock not crash keep say stock will crash, wait until now crash already also no game showing...lousy
Like · 4 months · translate
WeiHwa Yew
2010 Nov NAV RM2.50
2020 Oct NAV RM2.83
impressive growth. It is just under perform compared with FD, but it beat those who keep cash for 10 years.
Like · 4 months · translate
Desmond Lee
WeiHwa Yew yes yes very impressive until if you park money there just let those professional angkat salary buta.....hahahha
Like · 4 months · translate
Jeff Chew
City of London continue to buy in and holding more than 20% shares.
I think you people must be clever than there Ang Mo.
Like · 3 months · translate
Benjamin Zhang
ICAP really hit my TP of 10% within a year. ICAP sometimes can be short-term play too.
Like · 1 month · translate
Ong TL
ICAP not a dividend stock... Investment strategy still no as good as I think...
Like · 1 month · translate
Hk Ngui
short term invesrment stock, not good for mid or long term. this company not a growth company at all.
Like · 1 month · translate
WeiHwa Yew
ICAP manager whole year do what chun? you all still willing to give gaji buta
Like · 1 month · translate
Benjamin Zhang
ICAP manager does fund management, of course. ICAP's investing style is very defensive. It doesn't buy and sell frequently every month. Not everyone's cup of tea.
Like · 1 month · translate