【BONIA 9288 交流专区】宝利机构

icy97

Milingtonia增持寶利至7.35%

大馬  2013-08-13 10:56
（吉隆坡12日訊）被市場懷疑是丹斯里阿南達相關公司的Milingtonia公司，上週一（5日）再從公開市場吸納寶利機構（BONIA，9288，主板消費品組）的106萬6千800股股票，總持股增加至1千481萬4千股或7.35%股權。

大馬股票交易所數據顯示，Milingtonia是在上週一吸納上述股權，惟購價不詳。《Focus Malaysia》較早前引述未具名消息稱，Milingtonia公司的相關機構——Creador公司，可能是阿南達的關係企業，因Creador公司的多名高層皆曾擔任阿南達旗下企業如ASTRO公司（ASTRO，6399，主板貿服組）、Usaha Tegas的管理層，市場因此揣測阿南達可能對寶利機構存有“非分之想”。（星洲日報／財經）

Name	Milingtonia Limited
Address	Vanterpool Plaza, 2nd Floor Wickhams Cay 1 Road Town Tortola British Virgin Islands
NRIC/Passport No/Company No.	1683515
Nationality/Country of incorporation	BVI
Descriptions (Class & nominal value)	Ordinary Shares of RM0.50 each
Name & address of registered holder	Milingtonia Limited Vanterpool Plaza, 2nd Floor Wickhams Cay 1 Road Town Tortola British Virgin Islands

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Acquired	05/08/2013	1,066,800

Circumstances by reason of which change has occurred	Purchased through open market.
Nature of interest	Direct interest
Direct (units)	14,814,060
Direct (%)	7.35
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	14,814,060
Date of notice	12/08/2013

icy97

寶利機構 末季淨利漲4倍

企業財經30 Aug 2013 20:44
（吉隆坡30日訊）寶利機構（BONIA，9288，主要板消費）末季淨利翻漲4倍，從97萬令吉提高至508萬令吉，宣布每股派息5仙。

截至6月底，該公司末季營業額按年增12%至1億5469萬令吉；全年營業額增9%至6億3233萬令吉，淨利微揚0.6%至4115萬令吉。

該公司向馬證交所報備，儘管銷售及分銷費用提高至5291萬令吉，但一般行政費減少，故營業額仍按年增長。

“海外市場尤其印尼及越南分別貢獻14%及16%，帶動營業額上揚，旗下Carlo Rino及Sembonia品牌業務改善亦提高整體表現。”[中国报财经]

SUMMARY OF KEY FINANCIAL INFORMATION 30/06/2013

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/06/2013	30/06/2012	30/06/2013	30/06/2012
		$$'000	$$'000	$$'000	$$'000

1	Revenue	154,686	138,204	632,326	579,812
2	Profit/(loss) before tax	12,962	1,669	71,547	66,882
3	Profit/(loss) for the period	7,539	-404	47,373	45,557
4	Profit/(loss) attributable to ordinary equity holders of the parent	5,076	972	41,146	40,885
5	Basic earnings/(loss) per share (Subunit)	2.52	0.48	20.41	20.28
6	Proposed/Declared dividend per share (Subunit)	5.00	5.00	5.00	5.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.5000		1.3400

icy97

BONIA CORPORATION BERHAD

Type	Announcement
Subject	OTHERS
Description	Bonia Corporation Berhad ("Bonia" or "Company") Further Subscription of Shares - Serene Glow Sdn Bhd
The Board of Directors of Bonia Corporation Berhad (“the Company” or “Bonia”) wishes to announce that the further subscription of 656,700 ordinary shares of RM1.00 each at par in Serene Glow Sdn Bhd (1011206-T) (“SGSB”) (indirect associate company of Bonia), by its wholly-owned subsidiary namely BCB Properties Sdn Bhd (351290-U) (“BCBP”) has been completed on 10 September 2013, and BCBP’s stake-holding in SGSB remains at 33% (equivalent to 660,000 shares) of the enlarged issued and paid-up share capital of SGSB. The above subscription of shares was funded by internal resources and is not expected to have any material effects on the earnings or net assets of the Company for the financial year ending 30 June 2014. None of the Directors and to the best knowledge of the Directors, none of the major shareholders or person connected to them has any interest, direct or indirect in the above subscription of shares. This announcement is dated 24 September 2013.

icy97

BONIA CORPORATION BERHAD

Type	Announcement
Subject	OTHERS
Description	Bonia Corporation Berhad (“Bonia” or the “Company”) Acquisition of Shelf Company - Maha Asia Capital Sdn Bhd
The Board of Directors of Bonia wishes to inform that the Company had on 23 October 2013, acquired a shelf company named Maha Asia Capital Sdn Bhd (“MAC”), comprising two (2) ordinary shares of RM1.00 each, representing 100% of the total issued and paid up share capital of MAC at a total cash consideration of Ringgit Malaysia  Two (RM2.00) only (the “Acquisition”). MAC was incorporated on 7 October 2013 as a private company limited by shares in Malaysia under the Companies Act, 1965. MAC is currently dormant and has an authorised share capital of RM400,000.00 comprising 400,000 ordinary shares of RM1.00 each and paid up share capital of RM2.00 divided into two (2) ordinary  shares of RM1.00 each. With the Acquisition, MAC has become a 100% owned subsidiary of Bonia on 23 October 2013. The intended business activity of MAC is property investment. The Acquisition is funded by internal resources and is not expected to have any material effects on the earnings or net assets of the Company for the financial year ending 30 June 2014. None of the Directors and to the best knowledge of the Directors, none of the major shareholders or person connected to them has any interest, direct or indirect in the aforesaid Acquisition. This announcement is dated 24 October 2013.

icy97

BONIA CORPORATION BERHAD

EX-date	22/11/2013
Entitlement date	26/11/2013
Entitlement time	04:00:00 PM
Entitlement subject	Final Dividend
Entitlement description	Final Dividend of 10% under single tier system for the financial year ended 30 June 2013
Period of interest payment	to
Financial Year End	30/06/2013
Share transfer book & register of members will be	to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no	BINA MANAGEMENT (M) SDN BHD Lot 10 The Highway Centre Jalan 51/205 46050 Petaling Jaya Selangor Darul Ehsan Tel: 603-77843922
Payment date	06/12/2013
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	26/11/2013
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Percentage
Entitlement in percentage (%)	10

icy97

寶利機構 1999萬購隆地段

企業財經30 Oct 2013 22:09
（吉隆坡30日訊）寶利機構（BONIA，9288，主要板消費）子公司以1999萬令吉，收購位于吉隆坡的一塊土地。

寶利機構今日向馬證交所報備，子公司Maha亞洲資本私人有限公司昨日與Megah Mahajaya私人有限公司簽署協議，以1999萬令吉收購旗下一塊土地。

根據該報備文件指出，該土地位于吉隆坡，這項收購將連同一間單層獨立別墅。

根據早前報導，寶利機構上財年全年營業額按年增9%至6億3233萬令吉，淨利微揚0.6%至4115萬令吉。[中国报财经]

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	Bonia Corporation Berhad Acquisition of Property by Maha Asia Capital Sdn Bhd, a wholly-owned subsidiary of Bonia Corporation Berhad for a total consideration of RM19,989,200.00
The Board of Directors of Bonia Corporation Berhad ("Bonia" or the "Company") wishes to announce that Maha Asia Capital Sdn Bhd ("MAC" or "Purchaser"), a wholly-owned subsidiary of Bonia had on 29 October 2013 entered into an agreement ("Agreement") with Megah Mahajaya Sdn Bhd (Company No. 778716-A) ("MMSB" or "Vendor") for the purpose of acquiring a freehold property held under Geran 27239 Lot No. 457 Seksyen 67 Bandar and Daerah Kuala Lumpur together with a single storey detached bungalow house erected thereon (the "Property") for a total consideration of RM19,989,200.00 (The "Acquisition"). Please refer to the attachment for details of the announcement.

Attachments Acquisition of property by Maha Asia Capital SB.pdf

icy97

BONIA CORPORATION BERHAD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	Bonia Corporation Berhad Acquisition of Property by Maha Asia Capital Sdn Bhd, a wholly-owned subsidiary of Bonia Corporation Berhad for a total consideration of RM19,989,200.00
Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the announcement dated 30 October 2013 in relation to the Acquisition of property by the Company’s wholly-owned subsidiary company named Maha Asia Capital Sdn Bhd. Further to the announcement made by the Company on 30 October 2013, the Board wishes to provide additional information in relation to the Acquisition as follows:- 1. The authorised share capital of MMSB is RM500,000 comprising 500,000 ordinary shares of RM1.00 each, of which 500,000 ordinary shares of RM1.00 each have been issued and fully paid-up. Its existing principal activity is investment holding. The Directors, shareholders and their respective shareholdings in MMSB are as follows:- Name Designation Shareholdings No. of shares held Percentage (%) Gan Boon Hoon Director cum shareholder 400,000 80 Yee See Yuen Director cum shareholder 100,000 20 Total: 500,000 100 2. The purchase consideration was arrived at a willing buyer-willing seller basis after taking into consideration the similar properties at the adjourned and surrounding area and after negotiation. At the point of the transaction, no valuation has been carried out on the Property. 3. The effect of the Acquisition on the gearing ratio of the Bonia Group is as follows: As at 30 June 2013 Before Acquisition This Acquisition After Acquisition RM'000 RM'000 RM'000 Bank Borrowing 80,845 14,992 95,837 Cash & Cash equivalent 75,846 (4,997) 70,849 Shareholders equity 302,383 - 302,383 Net Gearing ratio 0.02 0.08 Note: Computed based on the source of funding for the Acquisition whereby 25% from internal generated funds and 75% by new borrowings 4. Some of the risk factors in relation to the Acquisition are as follows: (a) The recent announced Budget 2014 with the property cooling measures such as real property gains tax (RPGT) hikes and cessation of developers interest bearing scheme (DIBS) might have negative impact on the property market as a whole though it ensures healthy growth of the property industry in the long run; (b) Compulsory acquisition by the Government; (c) Non-renewal of tenancy after expiry due to change in circumstances of the tenants; (d) Adverse changes in national or economic conditions; (e) Changes in relative popularity of property types and locations leading to an oversupply of space or a reduction in tenant demand for a particular type of property in a given market; (f) Competition among property owners for tenants; (g) Acts of God, uninsurable losses and other factors. This announcement is dated 1 November 2013.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30/09/2013

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/09/2013	30/09/2012	30/09/2013	30/09/2012
		$$'000	$$'000	$$'000	$$'000

1	Revenue	168,399	156,713	168,399	156,713
2	Profit/(loss) before tax	21,044	24,299	21,044	24,299
3	Profit/(loss) for the period	14,744	16,613	14,744	16,613
4	Profit/(loss) attributable to ordinary equity holders of the parent	14,221	15,512	14,221	15,512
5	Basic earnings/(loss) per share (Subunit)	7.06	7.70	7.06	7.70
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.5800		1.5000

icy97

BONIA CORPORATION BERHAD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	Bonia Corporation Berhad (“Bonia” or “Company”) Further Acquisition of Interests in New Series Sdn Bhd (indirect subsidiary) by Dominion Directions Sdn Bhd (direct subsidiary)
The Board of Directors of Bonia wishes to announce that Dominion Directions Sdn Bhd (“DDSB”), a wholly-owned subsidiary company of Bonia, had on 15 January 2014, further acquired 75,000 ordinary shares of RM1.00 each representing 15% equity interest in New Series Sdn Bhd (a subsidiary of DDSB which in turn is an indirect subsidiary of Bonia) (“NSSB”) from Mr Boonnam Boonnamsap at a total consideration of Ringgit Malaysia Three Hundred Thirty Three Thousand Six Hundred and Eighty (RM333,680.00) only (“Acquisition”). The Acquisition has resulted an increase of DDSB’s stake-holding in NSSB from 75% to 90% (equivalent to 450,000 shares) in the issued and paid-up share capital of NSSB. The shares were acquired by DDSB free from all liens, charges, pledges, mortgages and any encumbrances whatsoever  and with  all  rights  and  advantages  attaching  thereto  or  accruing thereon including all dividends and distributions to be declared, paid or made in respect thereof. The consideration is arrived at between DDSB and Mr Boonnam Boonnamsap on a willing buyer and willing seller basis after taking into account the audited shareholders’ equity of NSSB amounting to RM1,483,028 based on its audited financial statements for the financial year ended 30 June 2013.  DDSB and Mr Boonnam Boonnamsap had executed the relevant Form of Transfer of Securities (Form 32A) to formalise the terms and conditions of the Acquisition. Both DDSB and NSSB are private limited companies incorporated in Malaysia under the Companies Act, 1965 and having their registered office at Lot 10, The Highway Centre, Jalan 51/205, 46050 Petaling Jaya, Selangor Darul Ehsan. The other details of DDSB and NSSB are as follows:- DDSB NSSB Date of incorporation 28 August 1991 4 April 2007 Authorised, and Issued and paid-up capital RM1,000,000.00 divided into 1,000,000 ordinary shares of RM1.00 each RM500,000.00 divided into 500,000 ordinary shares of RM1.00 each Principal activities Marketing and distribution of men’s apparels and accessories Marketing and distribution of men’s apparels and accessories Mr Boonnam Boonnamsap is a Siamese residing at 196/1, Soi Keang Chuan, Bangkok 10120. Following the Acquisition, he has ceased as a shareholder of NSSB. The Acquisition is funded by internal resources and is not expected to have any material effects on the earnings or net assets of the Company for the financial year ending 30 June 2014. NSSB has good business track records and contributing to Bonia Group in terms of revenue and profitability. The Acquisition would enable DDSB to have higher equity interest in NSSB for its potential prospect in men’s apparels and accessories related businesses. None of the Directors and to the best knowledge of the Directors, none of the major shareholders or person connected to them has any interest, direct or indirect in the aforesaid Acquisition. Having considered all relevant aspects of the Acquisition, the Board of Directors of Bonia is of the opinion that the Acquisition is in the best interest of the Bonia Group. This announcement is dated 16 January 2014.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31/12/2013

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/12/2013	31/12/2012	31/12/2013	31/12/2012
		$$'000	$$'000	$$'000	$$'000

1	Revenue	186,327	166,895	354,726	323,608
2	Profit/(loss) before tax	31,801	14,620	52,845	38,919
3	Profit/(loss) for the period	21,716	9,414	36,460	26,027
4	Profit/(loss) attributable to ordinary equity holders of the parent	19,002	7,533	33,223	23,045
5	Basic earnings/(loss) per share (Subunit)	9.43	3.74	16.48	11.43
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.6200		1.5000

icy97

3优势点亮前景　宝利股价飆涨

财经 2014年4月9日
（吉隆坡9日讯）强劲的盈利表现、更大的业务版图、以及在皮革產品市场的优势，是分析员看好宝利机构（BONIA，9288，主板消费股）的3大利好因素，因此將其目標价格从之前的4.50令吉，调高至5.40令吉。       

宝利机构在本周急速飆升，尤其是今天的涨势更为凌厉，相信是因为分析员看好该公司前景，从而刺激该股在今天的走势。

上周五，宝利机构以4.40令吉闭市，成交量只有1000股；但是，本周一和周二，该股开始受到投资者青睞，成交量分別增至10万4800股和37万3700股，分別以4.60令吉和4.73令吉掛收，本周首两个交易日涨33仙或7.5%。

今天，该股在投资者追捧下，不但交易量激增，股价也飆涨。

虽然该股在今天以4.66令吉低开，並进一步走跌至4.65令吉全天最低价位；但，隨后扭转跌势，而且节节攀升，盘中一度升至最高的5.20令吉，最终更以5.15令吉掛收，全天起42令吉或8.88%，是全场第5大上升股，成交量为153万6500股。

大马研究分析员指出，宝利机构是大马较为便宜的消费股之一，除了拥有强大的品牌知名度和盈利潜力，其估值也十分吸引。

同时，宝利机构在大马皮革製品市场中，几乎处在垄断的地位。

与巴迪尼控股（PADINI，7052，主板消费股）比较，分析员认为，巴迪尼控股面对来自优衣库和H&M等，中端服装领域市场的激烈竞爭；而宝利机构的竞爭者大多数是国际顶级品牌，如意大利皮革品牌Furla和美国配饰时尚品牌寇驰（Coach），这些產品的价格往往比宝利机构的高档品牌（宝利和Braun Buffel）高出40%至50%。

在大马市场中，该分析员称，宝利机构2014財政年上半年（截至去年12月31日止）的同店销售成长（SSSG）达到6%的正面增长，而巴迪尼控股则在同一时期蒙受负成长，其概念商店和品牌专卖店的同店销售分別下滑0.3%和4%。

拓展业务版图

此外，隨著宝利机构强大的盈利支撑和拓展业务版图，分析员预测，该公司未来3年的每股盈利年复合成长率（CAGR）为35%，高於巴迪尼控股的10%。

分析员说，宝利机构管理层对海外扩张採取谨慎的做法，以减轻在酝酿期的损失，它的主要市场仍然在大马、新加坡、越南和印尼地区。

不过，该公司仍不断地寻求亚洲有潜力的新市场。

据了解，宝利机构可能分拆旗下的其中一项业务，分析员认为，此举动可以释放相关业务的价值。

一直以来，大马研究分析员对於宝利机构的估值预测较为保守，但与该公司管理层会面后，他对该公司的增长策略更为清晰，使到他调整宝利机构的本益比估值。

按2014財政年预测，分析员料该股可达到15倍的本益比，高於同是消费股巨头--巴迪尼控股的12倍本益比。

另外，宝利机构的机构投资者持股比重提高至40%（包括进行长期投资的私募基金--CREDO企业持有7%），高於巴迪尼控股的机构投资者持股比重36%。

因此，大马研究重申该股「买进」投资评级，並在调整其本益比后，將该股的目標价从4.50令吉，上调至5.40令吉。【东方网财经】

lvmh33

今天买了一点点TP 是在7.5 以上.

icy97

股价未反映收益能力 宝利仍有48%上涨空间

财经新闻 财经  2014-04-12 11:13
（吉隆坡11日讯）券商给出高达8.11令吉的目标价格，宝利机构（BONIA，9288，主板消费产品股）股价两日内涨7%，距离目标价格仍有48%的上涨空间。

联昌国际投资研究在报告中指出，过去今年因内部重整而寂静的宝利机构，如今正是“展翅高飞”的时候，并称每股盈利能在3年内倍增，直言当前股价被严重低估。

随着该行给出8.11令吉的目标价格后，成功激励宝利机构这两天股价走势，昨日涨22仙或4.27%至5.37令吉。

该股今天延续涨势，闭市时以5.50令吉挂收，全日涨13仙或2.42%，距离目标价还有48%的空间。

分析员预计，宝利机构每股盈利，将从2013财年的21仙，飙升125%至2016财年的46仙，意味着3年复合年增长率达31.1%。

“而宝利机构目前只在2015财年12.5倍和2016财年10.2倍的本益比交易，未反映出收益增长能力。”

该行的目标价格，相等于19.3倍的2015年本益比，较目标市场本益比溢价20%。

积极拓展受看好

宝利机构拥有多个海内外知名品牌，并积极拓展越南和印尼市场，及增加更多品牌，未来前景备受看好。

“该公司已拥有稳定的派息，2011至2013财年派息率高于24%，虽然未有明确的派息政策，但相信未来3个财年的派息率，将维持24至25%的水平，2015财年净周息率约2.2%。”【南洋网财经】

icy97

一股作气：宝利未来3年盈利料倍增

一股作气 财经周刊 投资观点  2014-04-14 13:10
经过内部重组和重整策略，并在业务扩展计划下，市场预计宝利机构（Bonia，9288，主板消费产品股）的盈利，未来3年内有望倍增。

虽销售柜台是该机构的主要营收贡献，但在更高的盈利赚幅，再加上品牌认知度的扶持下，将专注于扩展精品店业务。

同时，该机构也瞄准区域市场的经济增长以及中等收入阶层的崛起，积极扩展越南和印尼业务，预计长期可带来庞大的盈利增长潜能。

过去数年，宝利机构展开内部重组和重整策略，并收购国际知名品牌商标或以联营的方式等，逐步开拓高档品牌市场。

这些付出已带来成果，加上积极进军海外市场，让该机构领先国内其他品牌，成为区域性的高档品牌零售商。

创立于1974年的宝力机构，从初期专门生产皮革包包，再不断推出新产品系列和品牌之下，已发展成全方位时尚品牌。

如今，其销售网络达1191个据点（1027家商店和164家精品店），遍布的海外市场包括新加坡、中国、台湾、日本、越南、泰国、缅甸、印尼、汶莱、阿曼和沙地阿拉伯。

改善效率与成本奏效

宝力机构自创的品牌包括旗舰品牌BONIA，以及另两个自家品牌为Sembonia和Carlo Rino，并共同拥有全球品牌Braun Buffel的商标。

同时，该机构也持有其他国际品牌的经销执照，如Santa Barbara & Racquet Club、Austin Reed、Valentino Rudy、Jeep、The Saville Row Company、Pierre Cardin、Bruno Magli、Enrico Coveri、Renoma Café Gallery和Renoma。

通过改善营运效率与成本效应，加上落实具体的增长策略，已反映在宝力机构的业绩上，联昌国际研究预测，该机构在未来3财年的盈利可倍增。

在2014财年上半年（截至2013年12月31日），在销量及赚幅双双走高之下，净利取得44.2%的强劲增长，达3322万3000令吉。

如此亮眼的表现只是个开始，在全年方面，联昌国际研究预计该机构的净利涨幅可达50.5%，且未来两财年可分别取得21.3%和22.4%的增长。

为此，净利将从2013财年的4135万令吉，预测在2016财年倍增到9314万令吉，复合年增长率为30.7%。

派息率维持25%

在股息方面，尽管该机构并没有明确的股息政策，但在2010财年至2013财年，每年皆派发每股5仙股息。

根据联昌国际研究指出，近几年的股息派发率，大致在净利的24%水平以上，预计2014财年至2016财年，派息率维持在24%到25%的水平。

在扩展计划上，宝力机构目前将专注于精品店业务，背后的推动因素来自于更高的赚幅以及品牌的认知度。

联昌国际研究称，精品店业务的盈利赚幅，比销售柜台高出介于5%到10%，且也享有更高的知名度。

在海外市场方面，该机构主攻东协区域，特别是越南和印尼，预计长期可带来庞大的增长潜能。

越南和印尼分别计有8700万和2亿3700万人口，且经济增长备受看好，加上中等收入阶层的崛起，市场规模比国内和邻国新加坡更大。

在2013财年，宝力机构在越南增设10家精品店（如今合计达17家），印尼开设4家以及本财年上半年另增2家（共达8家）。

联昌国际研究预测，在长远方面，这些市场可为该机构带来显著的营收和盈利增长，且盈利赚幅在未来几年也将获得改善。

净负债率0.26倍

然而，鉴于该机构是通过融资的方式积极扩展业务，也导致其银行贷款在2013财年增加52%，而在2014上半年也提高55%。

因此，该机构的资产负债表上，从2012财年的净现金转为负债。截至2013财年，其净负债率为0.26倍。

尽管如此，联昌国际研究认为，以该机构目前的负债率水平，不需感到担忧，且也在健全的水平范围内。

该股的潜在投资风险包括区域消费放缓、新精品店投入运作后的营收比预期逊色，以及扩展计划展延等。

【免责声明】
本文分析仅供参考，并非推荐购买或脱售。投资前请咨询专业金融师。




【南洋网财经】

cyh86

今天买了50lot..... 加油

icy97

内部重组后交佳绩 宝利拟拓印尼越南

二零一四年四月十四日 晚上八时十八分
（吉隆坡14日讯）经过2年的集团内部统一活动后，宝利机构有限公司（BONIA，9288，消费产品组）已经成功改善其利润，交出更优秀的首半年业绩。

在The Edge财经日报的一项专访中，集团董事经理拿督张庆兴表示，宝利机构将积极加速其收益步伐，并已确定其品牌的价格策略方向。

“我们仍然放眼更长远的扩充目标，我们还没有达到我们最大的潜质。”

首先，张庆兴说，该集团已探讨东盟，尤其是印尼和越南的潜能。排除马来西亚和新加坡外，在截至2013年12月31日止首6个月，东盟对该集团的销售贡献为5.8%，而印尼占了其中的3%。

“只要政治继续稳定，印尼本身将维持我们未来8年的忙碌，或甚至长达10年。”

他补充，来自印尼的销售营业额，按年增长达30%。

管理层预测，其海外收益贡献（除马来西亚和新加坡外），包括东盟、沙地阿拉伯、台湾和日本，将从目前的7.6%扩大到10%。马来西亚和新加坡占了集团大部分收益，达到92.4%。

为达到上述目标，张庆兴指出，该集团须于截至6月止财政年创下双位数收益成长。

“该集团希望在2015/16财政年后盈利利润大幅上涨。”

明年营业额破10亿

由此，该集团将有可能于2015财政年之前，触及10亿令吉营业额的愿望。

在2014财政年首6个月，宝利机构的净利润企于9.4%，从而它录得3320万令吉净盈利和3亿5470万令吉收益。在2013财政年，其净盈利只有4115万令吉，及收益达6亿3233万令吉，意味着净利润只有6.5%。

宝利机构的代销业务在1027个专柜经营，贡献集团50%收益。而精品部门则经营164间分店，但贡献36%集团收益，及出口与外包则贡献其余14%。

“最终，我们希望精品和代销的收益贡献可分别达到50%。从而我们不会过度依赖单一部门。”

拜各种利好因素的驱动，宝利机构股价在过去一年也有卓越的表现。从一年前的每股1.90令吉，该股已挺涨186%至5.50令吉水平，使其市值达到11亿令吉。

目前，宝利机构的机构持股企于40%，比较一年前预料只有15%至20%。

举例而言，Milingtonia有限公司于2013年8月崛起成为宝利机构大股东之一，目前持有该集团7.25%。该公司传与专注于成长导向业务的长期私募基金Creador集团有联系。

宝利机构的机构持股相当多元化。国民投资有限公司（PNB）曾在2011年6月支配其32.99%，惟较后已经逐步脱售予其他机构基金，包括Creador集团。【光华日报财经】

lvmh33

Anyone know what happen to Bonia today?

kimhaolian

很多股都是研究报告推荐了，各方都唱好时，股价就下跌了
同情楼上刚刚买了50lot的大大

APULA

分拆股票1拆2 寶利機構派發紅股1送1
財經股市25 Apr 2014 20:42
http://www.chinapress.com.my/node/520783

（吉隆坡25日讯）3月股价开始攀升的宝利机构（BONIA，9288，主要板消费）宣佈，建议以1送1的方式派发红股，以及进行股票分拆活动。
　
宝利机构向马证交所报备，建议每持有1普通股即获送1红股，即总数发出2亿157万1850股红股；该公司派红股旨在回馈股东，以及改善流通量。
　
根据报备文件，该公司目前的发行与缴足股本为1亿78万令吉，共有2亿157万股，一旦完成红股计划，股本將倍增扩至2亿157万令吉，合计有4亿314万股。

建议分拆现有股
　
同时，该公司建议分拆现有股，將每股面值50仙现有股，分拆为2股即每股面值25仙。
　
向来不多企业活动的宝利机构，早前因管理层正面看待公司区域业务前景，让投资者重拾对公司投资兴趣，並在本月16日上升15仙，一度衝破5令吉价位，闭市收在5.05令吉。
　
该股近来股价持续攀高，在短短1年內，股价上涨了2.5倍以上，从去年5月初的1.76令吉水平，衝高至今日的4.90令吉水平。另外，该股在上週更一度衝高至5.70令吉水平，创下新高纪录。
　
不过，宝利机构今日表现平平，闭市报4.90令吉平盘，成交量达73万4100股。

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) COMBINATION OF NEW ISSUE OF SECURITIES
Description	BONIA CORPORATION BERHAD (“BONIA” OR “COMPANY”) (I) PROPOSED BONUS ISSUE; (II) PROPOSED SHARE SPLIT; AND (III) PROPOSED M&A AMENDMENT
The announcement is dated 25 April 2014. On behalf of the Board of Directors of Bonia (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) is pleased to announce that the Company proposes to undertake the following:- (i)   bonus issue of up to 201,571,850 new ordinary shares of RM0.50 each in the Company (“Bonia Share(s)”) (“Bonus Share(s)”) to be credited as fully paid-up, on the basis of one (1) Bonus Share for every one (1) existing Bonia Share held by entitled shareholders of Bonia on an entitlement date to be determined later (“Proposed Bonus Issue”); (ii)   share split involving the subdivision of one (1) Bonia Share (existing and Bonus Shares) into two (2) ordinary shares of RM0.25 in Bonia (“Subdivided Share(s)”) held by the entitled shareholders of Bonia on an entitlement date to be determined later (“Proposed Share Split”); and (iii)  amendments to the Company’s Memorandum and Articles of Association (“M&A”) to facilitate the implementation of the Proposed Share Split (“Proposed M&A Amendment”). The Proposed Bonus Issue, the Proposed Share Split and the Proposed M&A Amendment shall collectively be referred to as the “Proposals”. Please refer to the attachment for further details. http://www.bursamalaysia.com/market/listed-companies/company-announcements/1605541

Attachments Proposals.pdf

icy97

紅股計劃激勵‧寶利股價飆漲

2014-04-28 17:44      
（吉隆坡28日訊）寶利機構（BONIA,9288,主板消費品組）因低流動性而嚴重受到低估，上週提出的紅股與分拆建議可解決這一問題，推動股價一度飆破6%。

寶利開盤衝上5令吉20仙，先漲30仙或6.1%，過後略為調整步伐，全天仍漲10仙或2.04%，報5令吉。

寶利上週五建議1送1紅股，配送2億零157萬股紅股，過後再將每股面值50仙的股票拆細為2股面值25仙的股票。在完成紅股與股票拆細後，該公司的繳足資本將擴大至2億零157萬令吉，達8億零629萬股股票。

聯昌研究指出，有鑑於良好的財政表現以及成長前景，寶利近期被市場的關注程度出現顯著的提高，但卻礙於低流通性而交投平淡，進而影響其股價表現。

“我們相信股票數額的增加以及相對較可負擔的股價將會引來投資者更大的興趣，特別是散戶。”

聯昌認為寶利因低流動性而嚴重受到低估，上述兩項建議有望一舉解決這一問題，因此建議投資者趁早累積該股。

不過，興業研究表示，雖然短期內投資者的情緒或會受到上述建議的推動，但寶利16倍的本益比仍處於歷來偏高水平。

該行補充，根據上週五的4令吉90仙閉市價推算，寶利除權後價格理論上將達1令吉23仙，屆時該行預計將調整其合理價至1令吉20仙。（星洲日報／財經‧報道：孔令堯）




企业计划正面　宝利受追捧
财经 2014年4月28日
http://www.orientaldaily.com.my/index.php?option=com_k2&view=item&id=113912:&Itemid=198