23-11-2012, 12:02 PM
I read the open letter from LIM and I dun buy it. Why is discount to NAV such a big deal anyway? I dun think its should be the 'be all that ends all' factor in deciding on the merits of investing in the company.
As a professional fund manager, if you see trouble with MIIF, why do you continue to stay vested in the company and not divested your funds away??
However, I am beginning to concur with the view of forumer 'money' that management interest is not aligned to shareholders. I'm sitting on a nice chunk of capital gains and may decide just to exit and be done with all the drama mama.
As a professional fund manager, if you see trouble with MIIF, why do you continue to stay vested in the company and not divested your funds away??
However, I am beginning to concur with the view of forumer 'money' that management interest is not aligned to shareholders. I'm sitting on a nice chunk of capital gains and may decide just to exit and be done with all the drama mama.