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Potential Junk
Potential Spam

$FOCUSP / 0157 (FOCUS POINT HOLDINGS BERHAD) - Owner of Focus Point, Whoosh eyewear, Anggun optometris, Excelview Laser Eye Centre, Komugi bakery and HAP&PI frozen yogurt.

The Group has experienced tremendous growth in terms of revenue and profitability over the past 5 years. Despite the rapid expansion, balance sheet remains healthy with low borrowings. Dividends were distributed to shareholders year on year.

However, in the recent 2 years, topline growth has slowed. Net margin is also declining from the 2022 peak. Further monitoring on these indicators required.

Further to note that PNB, its 2nd largest shareholder has been selling off >19m shares since end-May 24. That's roughly 30% of their current shareholdings (62m shares) in FOCUSP.

Not the best time to initiate position yet.

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