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Quarterly results are scheduled for release on 30 September, yet Dato Beh has been selling shares aggressively on a daily basis. This raises a valid question — is there something fundamentally wrong within the company? Why the need to dispose such large volumes continuously?
If the upcoming results turn out to be poor, Bursa should take this matter seriously, as such disposal ahead of earnings could be construed as insider trading. Once again, minority shareholders and even EPF may suffer heavy losses. After what happened with Genetec, now VS shareholders may be facing another big blow.
If you exclude other income, NationGate Holdings Berhad would have incurred a net loss of approximately RM 3.75 million for the quarter ended 31 March 2025. So:
The company is not profitable from its core operations alone. Its reported profit is significantly supported by “Other Income” (RM 57.3 million), which is non-operational.
The profit margin is only 2%, and debt has ballooned to $1.8 billion. Why are retailers so hyped about this company? It’s essentially just a repackaging firm for Nvidia and xFusion.