The Group’s revenue for the current quarter was RM118.88 million representing a significant decreased of RM34.5 million or 22.5% as compared to RM153.39 million recorded in the preceding quarter. The higher revenue reported in its previous quarter was mainly attributed to the higher sales volume during the Hari Raya festive season which fell in the preceding quarter. The lower profit before tax was within expectation as the revenue in the previous quarter was substantially boosted by the Hari Raya festive season, in particular Malaysia and Indonesia. The revenue is lower by 22.5% but the operating expenses only reduced by 12.1%. Hence, the Group only achieved a PBT of RM2.65 million.
my boonia share price has dropped .... the quarter results sucks .... my boonia share price under the ocean .... don't know when it will rise back ....
Bring back .... brinng back ... bring my boonia share price back ... bring back .... bring back ... i want my boonia price back UP ....
I wonder why it dun want to move, but if you have bought it at the range-< 50 cents, you shall keep...very comfortable price....just wait for it to up....
I also hope it move up further, could be 70c or not is secondary, important the counter must got momentum to move, seen like this counter is waiting for something, just I can’t figure what are them waiting for....
While Padini has gone up to Multi Year High Bonia has fallen to Multi Year low in stead. This is why Calvin Tan is getting very bullish on BONIA. At its peak Bonia Top Boss wanted to take Bonia private over Rm2.00 (but he was unsuccessful). So I am happy to buy Bonia at such depressed prices!
2) BONIA Is An Iconic Malaysian Brand just like Old Town Coffee, PADINI, AirAsia, Jimmy Choo, Shangrila Hotel, Karex and Secret Recipe & others.
A Brand Holder Like Padini is a Value Owner cum Value Creator. A company like Parkson is a Value Seller.
What is the Difference Between a Value Owner/Creator, A Value Manufacturer and a Value Seller or Middle Man? And finally the discerning Value Consumer
So there are 4 Categories of VALUES
1) VALUE CREATOR (Who Is The Sole Owner)
2) VALUE MANUFACTURER (Like Prolexus which manufactures for Nike)
3) VALUE SELLER (Or the Middle Man). Like Parkson & 1,000 others.
4) VALUE CONSUMER (We are all looking to buy value everyday)
Last time NetWork Food Industries (NFI) manufactures for VAN HOUTEN. So NFI is a Value Manufacturer for Van Houten (the Value Owner). Later VAN HOUTEN wanted to squeeze NFI by asking for lower costs. NFI refused so Van Houten shifted to lower production cost manufacturer in China! Then NFI created its own house Brands called Tudor Gold & Tango. NFI turns into VALUE CREATION.
Now A VALUE CREATOR Holds Ultimate Value (Not Value Manufacturers or Value Sellers)
See how Parkson is devastated by E-Commerce. Other "Sellers" are selling 30% to 50% cheaper than Parkson by cutting down on high overheads (death of malls in USA) & manpower (no need to employ sales staff). So E-Commerce will hammer Value Sellers (Value Sellers that Go Online Will Take over from Brick & Butter Store like Parkson). See how Amazon & Alibaba keep breaking records in sales?
NOTE: THERE IS ONLY ONE VALUE CREATOR BUT THERE MAY BE ONE MILLION VALUE SELLERS!!
So both Value Manufacters (Prolexus) & Value Sellers (Parkson) do not have the stability of a Value Creator like PADINI or BONIA.
Like Padini - BONIA also is a Brand Owner. And they both manufactures their Own products. And they Both Sell their Own Products.
In short - THESE GUYS ARE THREE IN ONE
VALUE CREATOR + VALUE MANUFACTURER + VALUE SELLER!!!
THAT"S WHY THEY CAN COMPETE!! AND MIGHT COMPETE WORLDWIDE LIKE IKEA! LIKE COCA COLA! LIKE MACDONALD! LIKE WRIGGLEY CHEWING GUM (ALL WARREN BUFFET'S FAVOURITES!!!)
Why? Taman Midah (once known as Bolton Garden) is the First Housing Estate In KL
So the VALUE IS IN THE LOCATION!!
Now We Know We are Not Late to Join The KL Property Bull Run As We Can Lock into Valuable Assets at Old Book Value.
Apart from this Undervalue House BONIA also invest in 6 Storey Factory for the Manufacture of Leather Bags & Other Accessories. Plus BONIS invested in Cash Yield Car Park Lots in Cheras! Amazing!
6) INFLUX OF CHINA TOURISTS WILL BE GOOD FOR BONIA
See
Airport retail sales surge MALAYSIA. Malaysia Airports Holdings Berhad has reported a +15.9% leap in retail revenues year-on-year for the first half of 2017, to RM412.9 million (US$98 million). Non-aeronautical revenues at the group, which runs Malaysia’s major airports as well as having a stake in Istanbul Sabiha Gökcen Airport in Turkey, rose by +9.3% to RM981 million (US$233 million).
Malaysia Airports attributed the growth to increased international passenger traffic (+15.1%) as well as higher spending from North Asian and ASEAN region passengers.
China Tourists will buy Gucci bags. As well as Coach & Burberry bags. But some will buy BONIA Bags.
These are the Highlights of BONIA LUXURY BAGS
a) They are Made From Finest Imported Leather
b) They Are Soft compared to other Western Bags
c) The Price is at least 30% to 40% cheaper than Western rivals
d) They are of good lasting quality.
According to sales staff, these China Tourists after getting to know BONIA & ITS LASTING QUALITY PLUS VALUE FOR MONEY Will Sure To Buy More In Next Trip.
And just like Old Town Coffee powder spread like wild fire among China's discerning consumers - BONIA has a Very Vast Uptapped Market in China
See how China youth are hungry for Luxury Goods
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Posted by BlackWhite > 2017-11-29 14:56 | Report Abuse
Sell down came