BONIA CORPORATION BHD

KLSE (MYR): BONIA (9288)

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Last Price

1.67

Today's Change

+0.01 (0.60%)

Day's Change

1.65 - 1.67

Trading Volume

3,900


13 people like this.

2,627 comment(s). Last comment by SincereStock 2 months ago

hw0706

783 posts

Posted by hw0706 > 2014-08-28 12:10 | Report Abuse

some fund is selling

boonhan

23 posts

Posted by boonhan > 2014-08-28 12:35 | Report Abuse

omg.. falling red

izharul

1 posts

Posted by izharul > 2014-08-28 14:12 | Report Abuse

Let it fall unyil rm1

IVAN2222

2,094 posts

Posted by IVAN2222 > 2014-08-28 15:26 | Report Abuse

IT WILL DROP BACK TO RM1 VERY SOON...

Posted by STeven Teohcc > 2014-08-28 15:57 | Report Abuse

I don't think that will drop till RM1...

IVAN2222

2,094 posts

Posted by IVAN2222 > 2014-08-28 16:42 | Report Abuse

based on the flow chart from 2009

benson911

639 posts

Posted by benson911 > 2014-08-28 17:23 | Report Abuse

Price dropping,poor quarter earning?

Posted by pineapple8888 > 2014-08-28 20:58 | Report Abuse

Tmr sure big green tree!

alpacino

385 posts

Posted by alpacino > 2014-08-28 21:09 | Report Abuse

Thank you Chelsea.

hyq1121

58 posts

Posted by hyq1121 > 2014-08-28 21:47 | Report Abuse

consider good result... hope tml will fly

excelyou

1,255 posts

Posted by excelyou > 2014-08-29 00:14 | Report Abuse

BONIA CORP BHD

By Affin Research

Add (maintained)

Target price: RM1.61

AFFIN Research said Bonia’s earnings growth was expected to be driven by its expansion in Vietnam and Indonesia, adding that these operations had been progressively contributing to its topline.

To date, it said, the group had a total store count of eight in Indonesia and 18 in Viet-nam.

Going forward, it believed that these markets would contribute positively to Bonia’s bottomline over the longer term.

Affin Research noted that besides expanding its own in-house brands, the group was also aggressively expanding its co-owned brand, Braun Buffel.

It has opened another five stores year-to-date (three in Malaysia and two in Singapore), as well as dedicated new production lines in its upcoming Malacca facility for the manufacturing of Braun Buffel products.

This new plant is expected to be commissioned by the fourth quarter with a manufacturing capacity of 20,000 bags per year.

After meeting management, Affin Research said Bonia’s growth for the next few years would be backed by increasing sales volume in tandem with improved brand recognition, regional expansion of its boutique stores and reallocation of resources to improve operating efficiencies.

It said that in light of clearer earnings visibility, it believed its forecasts were on the conservative side.

Therefore, it lowered its financial year ending June 30, 2015 (FY15) to FY16 expansion cost assumptions by 2% to 3%, which raised the company’s earnings per share forecasts for the period by 7% to 18%.

Given Bonia’s better prospects, it also raised its target price-to-earnings ratio multiple to 16 times for 2015 and lifted its 12-month target price to RM1.61 from RM1.36.

Posted by Canlaughdie2 > 2014-08-29 02:57 |

Post removed.Why?

hw0706

783 posts

Posted by hw0706 > 2014-08-29 07:44 | Report Abuse

the affin research is on 11/08/2014. so is outdated for now. the price when it initiate is RM1.41

nick123

18 posts

Posted by nick123 > 2014-08-29 08:57 | Report Abuse

http://www.theedgemalaysia.com/business-news/305116-bonia-4q-profit-up-74-to-rm92-mil-declares-125-sen-dividend.html

Profits up... No reason for price drop and good long term hold... theres also dividend...

kaihoong

19 posts

Posted by kaihoong > 2014-08-29 10:35 | Report Abuse

great Q2 result

Posted by pineapple8888 > 2014-08-29 10:52 | Report Abuse

Will continue burst! Till 1.9 or 2 is possible

TimLee

41 posts

Posted by TimLee > 2014-08-29 11:17 | Report Abuse

1.25 cents dividend?

Posted by pineapple8888 > 2014-08-29 11:19 | Report Abuse

Proposed.. Exactly date dunno

hw0706

783 posts

Posted by hw0706 > 2014-08-29 13:10 | Report Abuse

still drop

TimLee

41 posts

Posted by TimLee > 2014-08-29 14:42 | Report Abuse

Entry if 1.24 is consider good entry? This morning I jump 9.00am at 1.24 then rose to 1.29 feeling want sell but end up kena trap now....

Posted by Mohd Sanusi > 2014-08-29 15:05 | Report Abuse

Good result and good dividen also cannot fly up...

MisterA

7 posts

Posted by MisterA > 2014-08-29 17:02 | Report Abuse

coz all ppl now are still focusing on ifcamsc. this counter (bonia) is a good counter just waiting some big ppl come and goreng.

Eric Fong

1,191 posts

Posted by Eric Fong > 2014-08-30 11:50 | Report Abuse

As long as keep earning in every quarter n pay good dividen then is a good investment

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-08-30 12:55 | Report Abuse

BONIA: Ex-split; Ex-Bonus

Chartwise : Very bad, totally out of support. But this is normal for any stock that has undergone split or bonus issue.
Outstanding pointer: RSI currently at 18%. This means the stock is oversold
MACD : Price coming down aggressively and MACD trending up to neutral line. This is term as 'bullish divergence'
Bollinger Band: downward price movement causes Bollinger to expand negatively 1st. day at 26%, 2nd. day increase to 43% and today contracted to 20%. Bollinger band 20 is calling for price to move up as it is now trending outside the band like a lost child.

Expectation: With all the reason stated above, the expectation is for the price to start trending higher. The 1st. thing to expect is to get the price move up within the BB20 zone, meaning the closing price must move higher.
If this is fulfill and the Bollinger 10 begins to contract, the price must keep moving up above the Bollinger middle band at 1.39. From here the price must keep on sustaining higher than 1.39 to keep it in positive momentum.
If the trending is in accordance to what is stated, there is a great chance for the stock to move higher and the MACD moving up closer to the neutral line. The price position must sit above the Bollinger middle band at least at 1.39.

Conclusion: If the describe scenario takes place as expected, there is a positive chance for this stock to turn bullish once the MACD signal line reaches the neutral zone and this may happen within 2 weeks time frame.

If the price is not closing above 1.39, preferably not to buy yet.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-08-30 13:00 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2014/08/30/Bonia-steps-up-overseas-expansion-plan/

B O N I A: Sat News (The Star newspaper)

This may spark price trend reversal next week.

Published: Saturday August 30, 2014 MYT 12:00:00 AM
Updated: Saturday August 30, 2014 MYT 7:21:32 AM
Bonia steps up overseas expansion plan

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-08-30 18:10 | Report Abuse

The final support is RHB support line of RM1.20 (before ex RM4.80).

Hk Wong

420 posts

Posted by Hk Wong > 2014-08-30 23:06 | Report Abuse

Maybe at 1.00

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-08-31 17:26 | Report Abuse

I don't think that it will drop till RM1 (RM4.00 before ex).

Hk Wong

420 posts

Posted by Hk Wong > 2014-08-31 22:24 | Report Abuse

Bonia maybe will up

hw0706

783 posts

Posted by hw0706 > 2014-09-02 10:23 | Report Abuse

accumulation

hw0706

783 posts

Posted by hw0706 > 2014-09-02 12:47 | Report Abuse

It has been speculated that global luxury giant Louis Vuitton Moet Hennessy (LVMH), via its Singapore-based private equity arm L Capital Asia, was in talks with Bonia to acquire a stake in Malaysia’s leading brand for leather accessories.

Chiang, however, is quick to point that for the past two years, Bonia has been talking to various investors, not only LVMH.

“Private equity funds have been aggressive in this part of the region, but we felt that we have yet to maximised our own value.

WiseEye

1,199 posts

Posted by WiseEye > 2014-09-03 00:37 | Report Abuse

There are just too much shares lying around after the bonus. Unless there are interested parties buying up a big stake.

ktjaven

331 posts

Posted by ktjaven > 2014-09-03 07:00 | Report Abuse

Ehhhh why is bonia diving post-bonus? - bitten wrong bait??

KennyGG

14 posts

Posted by KennyGG > 2014-09-03 15:47 | Report Abuse

29/08/2014 Bonia Corporation - Still in growth mode????

Posted by pineapple8888 > 2014-09-03 16:08 | Report Abuse

Yup. Don't buy 1st. Look at the trend 1st. Drop till 0.80 only sapu!

TimLee

41 posts

Posted by TimLee > 2014-09-03 18:14 | Report Abuse

Kaput !! Bo chow ccccccc Rrr!!

alpacino

385 posts

Posted by alpacino > 2014-09-04 15:29 | Report Abuse

Oversold Bonia ... rebound should come soon hopefully ...

alpacino

385 posts

Posted by alpacino > 2014-09-04 15:39 | Report Abuse

Come on Bonia .. time to change gear forward and go North ...

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-09-04 16:23 | Report Abuse

Wah Bonia, final defence of 1.20 also break.

alpacino

385 posts

Posted by alpacino > 2014-09-04 16:33 | Report Abuse

who could be so desperate selling ?

hw0706

783 posts

Posted by hw0706 > 2014-09-04 16:39 | Report Abuse

1.19

hyq1121

58 posts

Posted by hyq1121 > 2014-09-04 16:50 | Report Abuse

no eye see!

IVAN2222

2,094 posts

Posted by IVAN2222 > 2014-09-04 17:11 | Report Abuse

1.18..yeah!!

IVAN2222

2,094 posts

Posted by IVAN2222 > 2014-09-04 17:11 | Report Abuse

will drop to 1.00 soon

alpacino

385 posts

Posted by alpacino > 2014-09-04 18:22 | Report Abuse

Hi Ivan2222-is anything wrong in Bonia for price drop? Appreciate your insights. Cheers

seeing_cc

42 posts

Posted by seeing_cc > 2014-09-04 18:48 | Report Abuse

Hope it will recover soon. Red in my portfolio.

katani17

190 posts

Posted by katani17 > 2014-09-04 18:52 | Report Abuse

what price you buy

Hk Wong

420 posts

Posted by Hk Wong > 2014-09-04 19:07 | Report Abuse

79 sen

Terenceguh

152 posts

Posted by Terenceguh > 2014-09-04 20:46 | Report Abuse

RM1 akan datang...retail biznes sangat susah sekarang..

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