https://theedgemalaysia.com/node/683365 the research house said that encouragingly, corporate sales chartered a 56% year-on-year (y-o-y) growth on the back of active on-boarding of new customers. It said the group also continues to drive stronger marketing and promotional activities to push retail sales. As for F&B (food and beverage), we are confident that the sales momentum will continue with the increase in orders from new corporate clients.
Focus point is another consumer stock that retail investors can pay attention to.....still quite low valuation, waiting for HL research to give new TP........ :)
Notable substantial shareholders include Malaysia government 13,39%, Hong Leong Asset Management 6.54%, Public Mutual 3.39%, Kenanga Investor Bhd 1.288%, Hong Leong Foundation 1.136%
As of 2024-04-17, the Intrinsic Value of Focus Point Holdings Bhd (FOCUSP.KL) is 1.04 MYR. This FOCUSP.KL valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 0.71 MYR, the upside of Focus Point Holdings Bhd is 46%. The range of the Intrinsic Value is 0.77 - 1.54 MYR.
Easy for the company to replicate yogurt shops at the malls competing with lialiao. At least it is healthier for elderly than sugary drinks of so many franchises eg Teal...
I recall reading in the Edge In Dec23/Jan24 that Focusp was some fund manager's stock pick for the year. It's May already... and focusp is still trading between 70-77 sen *yawn* But trailing PE is 11.5x... attractive for consumer stock, esp since it has own brands. Why not much interest ler??
Another great QR, YoY improved! And we shall see F&B be profitable should they continue this trend next cycle. Seems like the new franchise might be a timely addition too, little to no negative impact I presume.
Meanwhile, the lower QoQ is consistent with the cyclical demand of the FY. I wonder if they will expand their eye-care business in terms of hospitalized / in-out patient care like Optimax do? Anyone today attended the AGM and asked?
Be patience guys, another one or two quarters with double digits growth will definitely attract more interest. The price is well supported actually despite PNB trimming its stake for a month already.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
AlanKLNg28
31 posts
Posted by AlanKLNg28 > 2023-07-07 14:14 | Report Abuse
Half dead