FoundPac – will its share price trend the Notion way

FoundPac is a precision engineering company. It is in the same sector as Notion. While Notion share price has seen a quantum leap since May of this year, there is no such jump for FoundPac

While FoundPac had been able to deliver revenue growth over the past 9 years, profits were declining. This was because revenue came from the Group venturing into new product segments that did not have good margins.

But its precision engineering business has delivered good returns. But the newer segments such as cables and connectors and even automation are not pulling their weights.