BONIA CORPORATION BHD

KLSE (MYR): BONIA (9288)

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Last Price

1.60

Today's Change

-0.04 (2.44%)

Day's Change

1.55 - 1.63

Trading Volume

308,700


13 people like this.

2,628 comment(s). Last comment by HafizAjiad98 1 week ago

khcheah84

250 posts

Posted by khcheah84 > 2017-07-03 23:13 | Report Abuse

haha is BONIA ladies and gentlemen.

tecpower

3,536 posts

Posted by tecpower > 2017-07-03 23:36 | Report Abuse

Apollo Ang is a famous troll. He is everywhere. Check his posts!

TheContrarian

9,193 posts

Posted by TheContrarian > 2017-07-31 00:30 | Report Abuse

Apollo Ang is a grand master sifu.

Eric Fong

1,193 posts

Posted by Eric Fong > 2017-07-04 12:21 | Report Abuse

Bo Liao

khcheah84

250 posts

Posted by khcheah84 > 2017-07-04 13:41 | Report Abuse

So any advise on this stock to all sifu here.

Posted by Banana John > 2017-07-06 01:09 | Report Abuse

the stock name already hints you the future

BigPro

688 posts

Posted by BigPro > 2017-07-06 10:30 | Report Abuse

Look like directors and the family owners accumulate so much. They plan to privatize soon.. ?

Posted by Vincent1368 > 2017-07-06 12:30 | Report Abuse

Better sell all,now market is not good ,better keep cash.

khcheah84

250 posts

Posted by khcheah84 > 2017-07-08 13:17 | Report Abuse

then can you guys tell me why the directors keep buying share?

husky88

698 posts

Posted by husky88 > 2017-07-08 13:56 | Report Abuse

Like poh kong, fund bought a lot, but price no move up. I also dont know why.

BigPro

688 posts

Posted by BigPro > 2017-07-11 16:06 | Report Abuse

Directors and the family owners keep accumulate and must be good reason they do this...

Posted by Muhammad Saifuddin > 2017-07-13 14:19 | Report Abuse

Director ni nak chart ni sideway berapa lama? Dah 3 syawal rupe ini.

alpacino

385 posts

Posted by alpacino > 2017-07-18 17:12 | Report Abuse

Bonia please start your show....

Posted by leslieroycarter > 2017-07-20 11:54 | Report Abuse

bonia is trading at pe 12.....the lowest of its chart n palely compared with padini. it is high time the management change the ceo n makes it great again.

GGecko

1,937 posts

Posted by GGecko > 2017-07-20 11:56 | Report Abuse

@ 59 c is a bargain price

jonnysoo1

24 posts

Posted by jonnysoo1 > 2017-07-24 14:10 | Report Abuse

Bonia is not Bolui .Time to wake up ~

husky88

698 posts

Posted by husky88 > 2017-07-29 15:49 | Report Abuse

Jack ma come, bonia sure gg lol

Posted by Muhammad Saifuddin > 2017-08-03 20:12 | Report Abuse

Juboq sam sem. Bila nak fly hanat?

Huat Huat

905 posts

Posted by Huat Huat > 2017-08-04 15:30 | Report Abuse

Bonia like F&N, consumer sentiment is bad. Same goes to parkson. Retail Business die hard in Malaysia.

Posted by Ibrahim Bin Ghazali > 2017-08-04 20:35 | Report Abuse

Where's bonia leading to???? We are doom when last support is broken T-T

Hk Wong

420 posts

Posted by Hk Wong > 2017-08-08 08:20 | Report Abuse

indonesia market consumer not spending.

Posted by Justice Bao > 2017-08-08 18:47 | Report Abuse

Time to buy now.
Am I right?

Hafid

1,135 posts

Posted by Hafid > 2017-08-09 07:00 | Report Abuse

Maybe

BigPro

688 posts

Posted by BigPro > 2017-08-16 13:59 | Report Abuse

Already bottom... will start the correction before moving up.

newbird77

145 posts

Posted by newbird77 > 2017-08-22 09:51 | Report Abuse

I see it start do some pushing to test the market, I hope this is not due to acquire.....

891088

595 posts

Posted by 891088 > 2017-08-25 15:59 | Report Abuse

Bonia mesti boleh punya..go go..

alpacino

385 posts

Posted by alpacino > 2017-08-26 11:03 | Report Abuse

When is the latest results due for Bonia anyone can share?

Hafid

1,135 posts

Posted by Hafid > 2017-08-27 07:31 | Report Abuse

Due to weak consumer sentiment please watch out. I think if can buy below 0.52 is the best.

newbird77

145 posts

Posted by newbird77 > 2017-08-28 09:18 | Report Abuse

I hardly believed it will go down to 52c....if so you can sapu....

Hk Wong

420 posts

Posted by Hk Wong > 2017-08-28 10:54 | Report Abuse

no body know anything can happen. consumer is still weak.

Posted by 稻田·* 片片绿青~粒粒芳香 > 2017-08-28 11:10 | Report Abuse

heheheheheh


open eyes big big and watch

Hk Wong

420 posts

Posted by Hk Wong > 2017-08-28 15:15 | Report Abuse

KUALA LUMPUR: Bonia Corp Bhd has had a good run in its share price in the past one year. From having traded at just RM1.90 a year ago, the counter had risen 186% to close at RM5.50 last Friday, giving it a market capitalisation of RM1.1 billion.

A major reason for this rise apart from the group’s internal consolidation process which has improved profit margins is said to be the increased level of institutional shareholdings in the company.

Currently, institutional shareholdings in Bonia stand at 40% compared with an estimated 15% to 20% a year ago. For instance, Milingtonia Ltd has emerged as one of the substantial shareholders of Bonia in August 2013, and currently holds a 7.25% stake in the group. Milingtonia is said to be linked with Creador Group, a long-term private equity firm focused on growth-orientated businesses and currently holds a 7.25% stake in the group.

Group finance director Chong Chin Look told The Edge Financial Daily that Creador is deemed a strategic investor as it has introduced Bonia to the management of several shopping complexes in Indonesia, and has also assisted in the market survey of Bonia’s branding in Indonesia.

The institutional shareholdings in Bonia are also more diverse compared with several years ago, considering that Permodalan Nasional Bhd (PNB) once held a dominant 32.99% stake in the retail group in June 2011. PNB has now ceased to be a shareholder of Bonia, having divested its stake gradually to other institutional funds including Creador.

Moving forward, Datuk Albert Chiang, group managing director of Bonia, said the group is open to strategic partnerships but cautious in picking the right partner.

“We’ve always open to strategic alliances [as we look] for synergies that can propel us further, beyond…Southeast Asia, such as China or even the Middle East eventually,” said Chiang.

He said Bonia has been approached by a few parties, be it for a strategic alliance or a stake in Bonia, but the group has yet to make any decisions.

The Chiang family, through Bonia Holdings Sdn Bhd, Freeway Team Sdn Bhd, and family members, collectively own half of the group. Should the group find a suitable partner, the family may have to divest part of its stake.

CIMB Research has an “add” call on the stock with a target price of RM8.11, while AmResearch has a “buy” call on the stock with a fair value of RM5.40.

Bonia moves forward with strength
Group on the right track to improve net margins to 12% from 7%.

Bonia Corp Bhd is not resting on its laurels after reporting better first-half results, with margins improving considerably as a result of the group’s internal consolidation exercise over the past two years.

In an interview with The Edge Financial Daily last week, group managing director Datuk Albert Chiang said Bonia is positive in keeping up with its earnings trajectory and is on the right track in terms of its branding and pricing strategy.

“There are a lot more things which could [still] be done we look towards the long term and expand. We haven’t maximised our potential,” said Chiang.

For one, Chiang said the group is upbeat on the prospects from Asean, particularly Indonesia and Vietnam. Excluding Malaysia and Singapore, sales from Asean contributed 5.8% to group revenue for the first six months ended Dec 31, 2013 of financial year 2014 (6MFY14). Indonesia accounted for 3% of that figure.

“Indonesia itself will keep us busy for another five to eight years to come, or even 10 years, as long as their political stability is there,” Chiang said, adding that sales turnover from Indonesia has been increasing 30% year-on-year (y-o-y).

Management expects its overseas revenue contribution (outside of Malaysia and Singapore), which includes Asean, Saudi Arabia, Taiwan and Japan, to increase to 10%, from 7.6% currently. Malaysia and Singapore accounted for the bulk of the group’s revenue at 92.4%.

To put “goals” in perspective, Chiang said the group should be able to have double-digit revenue growth for FY14 ending June.

“The group also has a vision to achieve 12% in profit after tax (PAT) margin by FY15/FY16,” said Chiang, though he admitted that this is more possible to achieve than the vision of hitting RM1 billion in turnover by FY15 – as crafted in the group’s “Vision 2015”.

For 6MYF14, Bonia’s net margin stood at 9.4%, as it reported a net profit of RM33.2 million on RM354.7 million in revenue. In FY13, net profit came in at RM41.15 million on revenue of RM632.33 million, indicating a net margin of 6.5%.

“All the measures that we are embruing on now are to improve our margins. Through the consolidation exercise [of] over counter and boutique operations, we strive for quality sales [to] enhance the power and perception of our branding,” said Chiang.

Bonia’s consignment business segment operates 1,027 counters and contributes 50% to group revenue. The boutique segment operates 164 boutiques, but contributes 36% to group revenue. Export/outright segment contributes

Hk Wong

420 posts

Posted by Hk Wong > 2017-08-28 15:45 | Report Abuse

Bonia August 29 qtr result

Posted by Banana John > 2017-08-28 21:20 | Report Abuse

the profit margin and revenue getting low and lower. a bit high risk to invest if management dont have new direction

Posted by chickenrice99 > 2017-08-30 15:28 | Report Abuse

TP:0.50cents all in dividend yield 10% buy buy buy

Posted by chickenrice99 > 2017-08-30 15:32 | Report Abuse

Google的alpabet以超过1200%的价格购买了Bonia。立即出售

Hafid

1,135 posts

Posted by Hafid > 2017-08-30 19:56 | Report Abuse

Good result

wusichen

11 posts

Posted by wusichen > 2017-08-30 20:08 | Report Abuse

Bonia QR 7.68M +86%

apolloang

18,163 posts

Posted by apolloang > 2017-08-30 21:14 | Report Abuse

congrat datuk calvin, good results from bonia

WiseEye

1,199 posts

Posted by WiseEye > 2017-08-31 14:10 | Report Abuse

Good job to those that bought bonia at it's lows. We'll head to RM1 soon, stronger than before

Posted by Jolin Lai Chi Pet > 2017-08-31 16:52 | Report Abuse

I also wear Bonia brand. very good quality...............I love bonia. I will buy more on next week

Posted by Justice Bao > 2017-08-31 22:49 | Report Abuse

REVENUE 153,385,000.00 EARN 7,680,000.00 for the financial period ended 30.6.2017. Not bad hoping Bonia to go up soon.

WiseEye

1,199 posts

Posted by WiseEye > 2017-09-02 09:58 | Report Abuse

Will this be another Padini? Just look at how the owners keep buying Bonia many months before the results were released all the way until it was released.

They already knew the results were good and will only get better. The price now is almost all time low, hopefully I can still collect more next week.

BigPro

688 posts

Posted by BigPro > 2017-09-05 13:50 | Report Abuse

When QR showed good, price automatically moving up... hope soon will back to above RM1.

GGecko

1,937 posts

Posted by GGecko > 2017-09-05 15:15 | Report Abuse

sterling performance today despite gloomy market outlook.. well done!

calvintaneng

56,156 posts

Posted by calvintaneng > 2017-09-05 15:30 | Report Abuse

CUTLOST?

What name is this?

BETTER CHANGE NAME TO

HOLD TIGHT!!

Posted by Baharuddin Ishak > 2017-09-05 16:01 | Report Abuse

Bonia Corp Bhd's 4QFY17 net profit jumped 103.2% Y.o.Y to RM7.7 mln on improvements in gross profit margin and lower fair value adjustments on investment properties. Revenue for the quarter, however, dropped 4.0% Y.o.Y to RM153.4 mln.
For FY17, cumulative net profit gained 30.2% Y.o.Y to RM31.7 mln. Revenue for the year, however, fell 8.5% Y.o.Y to RM613.2 mln. (The Edge Daily)

BigPro

688 posts

Posted by BigPro > 2017-09-06 17:44 | Report Abuse

Nice closing,,, 2 days green and this will continue in next 2 to 3 weeks.

Posted by chickenrice99 > 2017-09-07 08:00 | Report Abuse

sell car, sell house, sell wive BUY BONIA!! Padini combine Bonia (4.25 + 0.62) = TP:4.87!!

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