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

Asia88

588 posts

Posted by Asia88 > 2015-10-28 23:22 | Report Abuse

Any door gift for this company?

Eric Fong

1,191 posts

Posted by Eric Fong > 2015-10-28 23:52 | Report Abuse

R u sure Bonia will bought by other company?
AGM i think sure have some door gift...

cockroach

418 posts

Posted by cockroach > 2015-10-29 15:36 | Report Abuse

The most lousy company. Lousy management, lousy old thinking chinese company. Hahaha

DreamPredator

1,507 posts

Posted by DreamPredator > 2015-10-29 15:37 | Report Abuse

cannot yalan ah

Posted by pineapple8888 > 2015-10-30 10:03 | Report Abuse

Anyone know Wat door gift normally Bonia gv? Tq

limayseng

2,076 posts

Posted by limayseng > 2015-10-30 10:34 | Report Abuse

div 1.25c per share....so anything rise more than that is a bonus...better sell n later buy back low again.

Posted by annmarie > 2015-10-30 13:30 | Report Abuse

Last year they give discount coupon.

Posted by pineapple8888 > 2015-10-30 23:46 | Report Abuse

Received AGM letter. Saw acquistition to buy back 10% shares. Just hope that it will be like Air Asia kena Goreng up gao gao

Eric Fong

1,191 posts

Posted by Eric Fong > 2015-10-31 00:14 | Report Abuse

Yes company is seeking to buy bank 10% of its company share to get their EPS increase every year..

fong7

647 posts

Posted by fong7 > 2015-11-13 16:58 | Report Abuse

buyback without cancelling shares does not increase EPS.
cancelling treasury shares is not common in malaysia.

Eric Fong

1,191 posts

Posted by Eric Fong > 2015-11-13 17:06 | Report Abuse

I think they are buying back their own shares and make it to become treasury share..thus increasing EPS...

Eric Fong

1,191 posts

Posted by Eric Fong > 2015-11-13 20:44 | Report Abuse

TREATMENT OF THE SHARES PURCHASED
The Bonia Shares purchased by the Company will be dealt with by the Board in accordance with Section
67A of the Companies Act, 1965 in the following manner:-
(1) to cancel the Shares so purchased;
(2) to retain the Shares so purchased as treasury shares for distribution as dividends to the shareholders
of the Company and/or resell the Shares so purchased on BMSB in accordance with the relevant
rules of BMSB; or
(3) to retain part of the Shares so purchased as treasury shares and cancel the remainder.
While the Shares so purchased are held as treasury shares, the rights attached to the Purchased Shares in
relation to voting, dividends and participation in any other distributions or otherwise are suspended and the
treasury shares shall not be taken into account in calculating the number or percentage of shares or a class
of shares in the Company for any purposes including, without limitation to the generality of the provisions
of any law or requirements of the Articles of Association of the Company or the listing rules of a stock
exchange on substantial shareholdings, take-over, notices, the requisitioning of meetings, the quorum and
the result of a vote on a resolution at a meeting of shareholders

Eric Fong

1,191 posts

Posted by Eric Fong > 2015-11-13 20:46 | Report Abuse

RATIONALE FOR THE PROPOSED SHARE BUY-BACK
The Proposed Share Buy-Back, if implemented, will enable the Company to utilise its financial resources
which are not immediately required for use, to purchase its own shares. It may help to stabilise the supply
and demand and price of Bonia Shares traded on BMSB, thereby supporting the fundamental value of the
Bonia Shares.

It is expected to increase the earnings per share of the Company in the event the purchased Bonia Shares
are cancelled, which in turn is expected to benefit the shareholders of the Company.

Bonia will also have the opportunity to distribute the treasury shares as dividends, thus benefiting its
shareholders. In addition, the treasury shares may also be resold on BMSB at a price higher than the
purchase price, thereby realising a potential gain for the Company

Eric Fong

1,191 posts

Posted by Eric Fong > 2015-11-13 20:48 | Report Abuse

POTENTIAL ADVANTAGES AND DISADVANTAGES OF THE PROPOSED SHARE
BUY-BACK
The Proposed Share Buy-Back will provide the Company with the opportunity to take pre-emptive
measures if need be, to stabilise the supply and demand of Bonia Shares in the open market, thereby
allowing the price of Bonia Shares to better reflect its fundamental value. The maintenance of the share
price is important in order to maintain investors’ confidence to facilitate the Company’s future fund raising
exercise via issues of equity shares, should there be any such exercises in future. In addition, the Proposed
Share Buy-Back will also provide an opportunity for Bonia to make a gain when the Company resell the
purchased Bonia Shares for cash when market conditions improve.
The Proposed Share Buy-Back, if implemented, will however, reduce the financial resources of Bonia
Group and may result in the Company foregoing any investment opportunities arising in the future or any
interest income that may be derived from depositing such funds with interest bearing instruments.
In view thereof, the Proposed Share Buy-Back will be implemented by the Board only after careful
consideration of the financial resources of Bonia Group as well as the resultant impact on Bonia Group and
the shareholders of the Company.

Eric Fong

1,191 posts

Posted by Eric Fong > 2015-11-13 20:48 | Report Abuse

All information are taken from their announcement in Bursa

Eric Fong

1,191 posts

Posted by Eric Fong > 2015-11-13 20:52 | Report Abuse

If the Shares so purchased are retained as treasury shares, the dividend rate will also be increased with the suspension of the rights attaching to the treasury shares as to dividend entitlement. Moreover, the treasury shares so purchased may be distributed
as dividends to shareholders of the Company if the Company so decides.

Eric Fong

1,191 posts

Posted by Eric Fong > 2015-11-13 20:58 | Report Abuse

Maybe they are having bonus share again?

kc_kc

52 posts

Posted by kc_kc > 2015-11-17 16:24 | Report Abuse

share buy back is a common resolution in all AGM circular. It gives the company the power to do so if necessary but it doesn't mean that the power will be exercised.

Eric Fong

1,191 posts

Posted by Eric Fong > 2015-11-17 17:16 | Report Abuse

i think for bonia they will do it because in normal trading day we seen director keep busy buying their own share in the market...

gray

1,158 posts

Posted by gray > 2015-11-19 18:37 | Report Abuse

Buy

DingDong

33 posts

Posted by DingDong > 2015-11-19 18:39 | Report Abuse

can buy?

gray

1,158 posts

Posted by gray > 2015-11-19 18:40 | Report Abuse

Looking at December movement. Start collection

fong7

647 posts

Posted by fong7 > 2015-11-24 16:33 | Report Abuse

added more. 3 batches bought in this Nov.

Posted by pineapple8888 > 2015-11-25 11:31 | Report Abuse

Update any news for today's AGM, thanks

Eric Fong

1,191 posts

Posted by Eric Fong > 2015-11-25 11:35 | Report Abuse

Hope give more dividend

Sfg28

71 posts

Posted by Sfg28 > 2015-11-25 18:33 | Report Abuse

Write a comment..from wat I heard they buy low n sell high to make profit only.

Eric Fong

1,191 posts

Posted by Eric Fong > 2015-11-25 19:03 | Report Abuse

Even if company buy low sell high that's nature for business to earn money.
Somemore once the company get profit from it, eps will increase too...

fong7

647 posts

Posted by fong7 > 2015-11-26 06:28 | Report Abuse

ya. wish to hear some updates from those who attended the AGM. Thanks a lot!

fong7

647 posts

Posted by fong7 > 2015-11-28 23:39 | Report Abuse

dropped from 1.4x to 0.70. that's 50% dropped. hmm.....
sentiment is recovering....
ok, TP 1.05, 50% upside. :P

Eric Fong

1,191 posts

Posted by Eric Fong > 2015-11-29 19:16 | Report Abuse

our tp1.40

Posted by jeannie1909 > 2015-12-08 06:39 | Report Abuse

how to count the dividen?

Eric Fong

1,191 posts

Posted by Eric Fong > 2015-12-08 16:58 | Report Abuse

dividend RM0.0125 per share

ron91

35 posts

Posted by ron91 > 2015-12-11 14:51 | Report Abuse

can hold for now?

Posted by everydaysfri > 2015-12-11 20:11 | Report Abuse

Anybody knows why drop so much? I need to make-up my mind to sell or hold

Eric Fong

1,191 posts

Posted by Eric Fong > 2015-12-12 01:44 | Report Abuse

Director keep buying while low..

Posted by pineapple8888 > 2015-12-12 08:28 | Report Abuse

No one can tell you to buy, hold or sell. But if you think now is the right time to buy/sell, go ahead.

tc88

573 posts

Posted by tc88 > 2015-12-12 08:32 | Report Abuse

Buy only when bonia start up trending.
Cheap can get cheaper.

ron91

35 posts

Posted by ron91 > 2015-12-14 09:14 | Report Abuse

any effect of this share if fed rate is increased?

Posted by Oldmantea > 2015-12-14 13:39 | Report Abuse

I would stay out of Bonia for now, even at lower prices, it appears overvalued

Ah Ha

905 posts

Posted by Ah Ha > 2015-12-19 17:47 | Report Abuse

I brought at .65 and not almost up 4%. wait to be up until 0.8 again. Bonia boss brought about .78 on average..

Eric Fong

1,191 posts

Posted by Eric Fong > 2015-12-21 00:53 | Report Abuse

Director share buy back at RM0.69

willc48

718 posts

Posted by willc48 > 2015-12-28 00:14 | Report Abuse

buy back share .. rumour on delist on buying back shares by the Chang family? It shows bonia is a good buy and cash cow

Eric Fong

1,191 posts

Posted by Eric Fong > 2015-12-29 23:43 | Report Abuse

Its a rumour only?

BRAVOZULU

544 posts

Posted by BRAVOZULU > 2016-01-04 01:29 | Report Abuse

Start collect now.

Posted by DreamSoldier > 2016-01-04 01:40 | Report Abuse

what TP

Eric Fong

1,191 posts

Posted by Eric Fong > 2016-01-04 12:48 | Report Abuse

1.50

Eric Fong

1,191 posts

Posted by Eric Fong > 2016-01-05 19:32 | Report Abuse

Got Dividend year end 2015

ccInvest

120 posts

Posted by ccInvest > 2016-01-19 14:13 | Report Abuse

volume spike!

Posted by pineapple8888 > 2016-01-19 17:11 | Report Abuse

Start Goreng!

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