Friday, October 23, 2009
ICAP- Offer U Almost 10% below Net Assets Value
In this young BULL market, if you thinking of buying a good undervalue stock in Bursa Malaysia,
Instead of paying existing market price to buy stock in Bursa, why not consider this one:-
ICAP, offer you an exposure to Equity in Bursa Malaysia by paying 10% less on Market Price.
NAV as at 21/10/2009 : 1.96
Icap market price: 1.80
Exp: if u interested in Parkson, market price is 5.15,
BUT you can buy it indirectly via Icap at a price cheaper than 5.15.( 10% discount) because Icap's biggest holding is Parkson.
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