I noticed bonia has been very very weak lately.Could it be due to now it's quite highly geared?In 1980's bonia is known for it's hangbags but it has clothing and shoes in it's wings.Their shoes still look impressive but not their clothings.Perhaps their spread wings in CHina not doing well?
There is extra Rm15 millions from increased receivables & stocking of inventories for upcoming Hari Raya Sales & others
And borrowings are backed by PPE & Investment properties of Rm200 millions. Last 2 years BONIA invested Rm10 millions in 3 assets in Indonesia. So Cash is employed for expansion. And BONIA still has a healthy CASH BUFFER Of Rm76 MILLIONS
Overall BONIA has a history of Retained Profits amounting to Rm219 Millions
NOT INCLUDED IS ITS INVESTMENTS IN REAL ESTATES WHICH HAVE APPRECIATED EVEN MORE!
And these are the POSITIVE FUNDAMENTALS AHEAD OF BONIA
1) RINGGIT RISE WILL HELP BONIA BOTTOM LINE It imports stuff like leather from abroad & sell to Malaysia (So people who only focus on Nestle, F&N and others have overlooked BONIA
2) Rise of Crude Oil will enable Govt to pull back taxes - so it will help Consumers in Malaysia
3) China Tourists in ever increasing numbers are visiting Malaysia. They have discovered Old Town Coffee. It is only a matter of time they will also turn to BONIA. BONIA has a market of over 1 billions in China. Another 1 billion market in India. So BONIA has a bright future as the Market out there is HUGE
And these are the POSITIVE FUNDAMENTALS AHEAD OF BONIA
1) RINGGIT RISE WILL HELP BONIA BOTTOM LINE It imports stuff like leather from abroad & sell to Malaysia (So people who only focus on Nestle, F&N and others have overlooked BONIA
2) Rise of Crude Oil will enable Govt to pull back taxes - so it will help Consumers in Malaysia
3) China Tourists in ever increasing numbers are visiting Malaysia. They have discovered Old Town Coffee. It is only a matter of time they will also turn to BONIA. BONIA has a market of over 1 billions in China. Another 1 billion market in India. So BONIA has a bright future as the Market out there is HUGE
Posted by Patron > Feb 4, 2018 06:56 PM | Report Abuse
until the end of the world, Tan Eng will continue to tell us his JAKS story. at least once a day. but nvr mentioned Perisai. even once.
Yes ah
I have also not repeated about WASEONG which gone up 100% from 73 sen to Rm1.46. What about Kulim which was taken private? And Pantech which also gone up?
Why you are so concerned with Perisai
Remember Sifu Peter Lynch's words
DIVERSIFY INTO AT LEAST 10 STOCKS
IF JUST TWO OR THREE ARE 2 to 10 BAGGARS (THAT IS, A STOCK GOING UP 200% to 1,000%) they will more than cover any which go bankrupt
The maximum loss of one stock is 100%. So far Perisai has not gone bankrupt yet while Jaks already up 300% as well as PADINI (Up 200%)
Future Profit will follow Nestle being importer & selling local
1) RINGGIT RISE WILL HELP BONIA BOTTOM LINE It imports stuff like leather from abroad & sell to Malaysia (So people who only focus on Nestle, F&N and others have overlooked BONIA
2) Rise of Crude Oil will enable Govt to pull back taxes - so it will help Consumers in Malaysia
3) China Tourists in ever increasing numbers are visiting Malaysia. They have discovered Old Town Coffee. It is only a matter of time they will also turn to BONIA. BONIA has a market of over 1 billions in China. Another 1 billion market in India. So BONIA has a bright future as the Market out there is HUGE
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
beso
2,137 posts
Posted by beso > 2018-02-04 18:04 | Report Abuse
2moro will be even oversold, don't listen to this nonsense