Focus Point Holdings Bhd (-ve)
Focus Point Holdings Bhd (fundamental: 1.1/3, valuation: 1.4/3), whose shares rose 1.5 sen or 3.57% higher to 43.5 sen yesterday, made it into our Stocks with Momentum list for the fourth time this year. At the closing bell, Focus Point recorded a trading volume of 1.05 million shares, sharply higher compared with its 200-day average of 168,123 shares.

 
Its net profit for the first quarter ended March 31, 2019 surged to RM2.15 million from RM23,000 in the year-ago quarter. Revenue grew 11.6% to RM45.73 million from RM40.98 million. Earnings per share improved to 1.3 sen, from 0.01 sen previously. The company attributed the stronger performance to an overall improvement in operating results across its businesses, particularly its optical and related products segment.