Recently, one small cap company keep popping up in my private group chat with a few of the like-minded financial bloggers. Hence, decided to do a quick CNAV (Conservative Net Asset Value) Analysis. The company in question is ISOTeam Ltd (5WF.SI). In fact, it happens to be one of the RHB's top 25 small cap picks for 2016 (whatever it means to you). ISOTeam Ltd. operates as a building maintenance and estate upgrading company in Singapore. It operates through Repair and Redecoration (R&R), Addition and Alteration (A&A), and Others segments. It primarily serves town councils, government bodies, and building owners. ISOTeam Ltd. was founded in 1998 and listed in SGX on 12 Jul 2013 (IPO Price : $0.11). The Key Quantitative Indicators of CNAV Strategy (Basing on the 2015 Annual Report): Net Asset Value (NAV) = $0.163 Conservative Net Asset Value (CNAV2) = $0.044 Current Price = $0.32 Discount For ......