NSAV Holding Inc (NSAV)

[MNK3240]

Your observation is right that they’re taking stakes in many different things but I would like them to have at least one single thing of their own that will be a foundation for them to do other things on the side. Taking 20% here, 25% there may sound good but doesn’t bring any solidity for the company in the long run. New start ups don’t make money for long to give it to minority and other shareholders.

Every successful business should have their own core business and then try other investment here and there. It’s like us retails buying shares here, shares there, doesn’t mean we own any business.

Not saying it’s all done, they may go for acquiring something 100% in future even if it’s a small company. Otherwise, all these 20/25% stakes will not help in the long run.

I really wish they acquired VirtuaBroker 100%.

Anyway, let’s hope for the best next week.