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Even the tycoon shows no mercy in the stock market, working to maximise his own gains. With profits set to double or even triple, they push for privatisation before loyal shareholders can enjoy the rewards.
In Q2FY26, there was a one-off RM150m finance cost charge. Moving into Q3FY26, that charge will no longer exist, while Agogo alone is expected to deliver RM130m profit after tax. Looking ahead, total profits could hit RM1 billion after tax by FY27.
Yet instead of rewarding shareholders, they choose to dump shares to create fear, especially during the end-day sessions, just to accumulate at cheaper prices. Retail investors are left to be eaten by the wolves, truly a shameful chapter for Bursa Malaysia.
Even the tycoon has no mercy in the stock market. Knowing profits are about to double or even triple, they move towards privatisation, before loyal shareholders can enjoy the rewards. Instead, they dump to create fear, leaving us retail investors to be eaten by the wolves. A shameful chapter for Bursa Malaysia.
