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Zombies like Albert Len would be disappointed because Focus Dynamics declares yet another big gross margin, 58.6%, today, and "consecutively" since at least 2019—that is, every quarter has a big gross margin! Go and argue with Warren Buffett why high gross margins are not a big deal, haha:) Besides completing The Arch Galeries, Focus also spent about RM12M to open other F&B brands during the latest quarter. And Albert Len does not like that, haha:)
Google AI:
"Yes, Focus Dynamics has consistently maintained high gross margins, generally above 50%, since 2019. However, these high margins have often not translated into overall profitability due to other operational costs."
Google AI mentions "other operational costs," which canceled out the gross profits since 2019, not me, OK? In the latest quarter ending Sept 30, for example, the item is called "Other Operating Expenses" (about RM12M), which cancels out the stated gross profit (about RM9.5M). So, Google AI supports my view, hehe:)
Hello to all zombies and dumbasses, if you want to argue something, list the facts and reasonings, not your BS, OK? I am doing my 0.5¢-share victory dance here because none of you have them, hahaha:)
