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Ok, the mystery is solved as the large sell volume was a margin call conducted by Morgan Stanley! Yet, the related "sharks" had money to goreng Gocean -- an investee of Focus:) Also, some buyers have bought back several large chunks of 0.5¢ mothers!
I stand corrected as Morgan Stanley, replacing Credit Suisse -- related to ex-Lambo boss (probably 3rd/4th largest "shark"), may not be related to the biggest "shark." Kenneth Vun invested in XOX and Symphony Life via a Virgin Island company called Vcap Global Inc.!
AI Overview:
Lambo Group Bhd (formerly known as Accsoft Technology Bhd) is a public listed company on the Bursa Malaysia, and therefore, it does not have a single owner. It is owned by its shareholders. The major shareholders include Cheetah Holdings, with a stake of 19.64%, and previously, Morgan Stanley had a significant stake of 12.26% before selling off their entire shareholding. Koo Kien Yoon is the Executive Director and a substantial shareholder.
Nope, you work for sharks because they (Morgan Stanley) dumped mother shares for 0.5¢, but I bought and kept them, hahaha:) Before you attack on the 2025 Q2's big "net" loss, go back to Accounting 101 about the gross (Focus running the >50% average gross margin since at least 2019 -- aka, a cash cow) and net profits. If you are afraid of 0.5¢ mother shares, then go back to your bank advisors, hehe:) I beat Morgan Stanley, the shark, mind you?
You can wish me go to hell because I own most of the 0.5¢ PA (daughter) shares thru 1-2 years of effort! If you want some, they are not many left! And the sharks still own more expensive daughter shares than mine:)
Just give me another stock that has the average gross margin of >50% since 2019, even during the MCO periods where both Gentings (or most businesses) were forced to close, yet Focus sold its expensive spirits online! The Arch Galery, next to TREC, would be opened in November 2025 -- so, just drop by to sample the RM12K spirit per bottle -- if you can afford it, haha:)
This comment will upset those who are interested in Focus, but not you -- anyone who invested in Focus shares for more than 0.5¢ did not heed my warning that all mothers, sons, and daughters would be crushed by the sharks to the lowest price 2-3 years ago!
