ICAP (5108) - Icapital AGM
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| The RM4 per entry parking nearby KLCC. |
Mr Tan explained each of the shares performances
of their Icap holdings during the AGM. According to him, Icap had sold their all
their stakes in VITROX; currently they are still holding BSTEAD, PADINI,
PARKSON, F&N (who sponsored the mineral water)..... And they are still holding more than 60% cash
for more opportunities for the coming financial crisis. Unlike last year, he
spoke with cautious this time without giving a single hint on his forecast on the exact time of bottom out.
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The doorgifts – Parkson Voucher RM20,
a lunch voucher and Icapital exclusive offer RM99/RM49 (a year). Not much
surprise can be expected as this company is not a shareholder friendly company.
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The lunch box was prepared by KLCC.
The food quality was good and delicious.
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I was amazed by an
interesting video
shared by Icapital during the AGM. The video lasted about 1 hour. It
explained in
details about the future of the business world where new technology
disruption framework is going to happen and subsequently will lead to
market disruptions in short time. This video sounded so real, and it is
happening right now. I was
quite worried about the future O&G industries, Power Industries, Transportation industries…after watching this video...many
of them will
become obsolete in 2030 or as soon as 2020 like what had happened to
Nokia and Kodak. Please click at the image below to watch this video.
ICAP (5108) - Icapital AGM
Disclaimer: Icapital is a boring counter with no DY. This is just purely a sharing of information and it is not a buy call. Please trade at your own risk.
http://mytownpharmacy.blogspot.my/2016/09/icapital-agm.html
