The most common and most likely answer to this crossword clue is the 4 plus 9 letter word EAST SOUTHEAST
I've seen this crossword clue in Financial Times
E
A
S
T
S
O
U
T
H
E
A
S
T
Buddy explains!
The straight part
We know that "point" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case point = east southeast.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does EAST SOUTHEAST mean?
EAST SOUTHEAST noun- The compass bearing or compass point halfway between east and southeast, specifically 112.5°, abbreviated as ESE.