Focus Point (0157) – A strong recovery stock riding on the success of FamilyMart and MORE [$$bill]
Focus Point (0157) – A strong recovery stock riding on the success of FamilyMart and MORE Most people think Focus Point (FocusP) is a boring stock with an optical business. They’re wrong… FocusP is the next F&B growth stock to keep an eye on. FocusP F&B business can be categorised into two divisions: 1. Komugi bakery outlets 2. Komugi corporate sales Investors need to focus on Komugi corporate sales division as this will be the growth driver. FocusP struck gold after its Komugi central kitchen was certified Halal in Jan 2018. Since then, it has scored big with corporate customers like FamilyMart . And there will be more big corporate customers soon once the new central kitchen starts in Dec 2020. Many are unaware that several hot selling delicious goodies on FamilyMart’s shelves are made and supplied by Komugi . Just check the label and you will see that they are manufactured by Multiple Reward Sdn Bhd (which is 100% owned by Focus Point ). Sales to Famil