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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.
Bursa and SC should charge them manipulation . Its so obvious manipulation on the share price before privatisation . They didnt deny on whats published by the edge , which meand what published by the edge is true .
Shareholders support them during difficult time , now finally all fpso completed , they want to privatise , before privatise flush again, very cruel and heartless owner / management
SC needs to investigate this company , whole world talks about privatisation and the company gives no updates on this . What is the purpose of being Tycoon ? Slaugters investors in the market ? Dump and create panic and busy accumulate at behind ? Shame on the Tycoon ! fking scam
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.
