Announcement • Mar 12
Bonso Electronics International, Inc. Appoints Anthony So, and Andrew So as Members of the Board of Director Bonso Electronics International Inc. announced that at its AGM held on March 8, 2024, the shareholders approved the appointment of Mr. Anthony So, and Mr. Andrew So as members of the Board of Directors to serve for the upcoming year. Announcement • Jun 14
Bonso Electronics International, Inc. Announces Plan to Delist from Nasdaq and Deregister Its Common Stock Bonso Electronics International Inc. announced that it will voluntarily delist its common stock from The Nasdaq Stock Market and, based upon ownership of its shares by fewer than 300 holders of record, deregister its common stock under the Securities Exchange Act of 1934, as amended (Exchange Act) and suspend its public reporting obligations. The Company’s Chairman, Anthony So stated undertook a thorough and thoughtful review of cost structure, including costs associated with being a Nasdaq listed and SEC reporting company. Board of Directors concluded that the benefits to the Company and its stockholders of continued Nasdaq listing and SEC reporting did not justify the costs of maintaining that listing and continuing to publicly report. The Board’s decision to delist and deregister its securities was made after careful and thorough consideration of the advantages and disadvantages of continuing registration and the continuing costs and demands on management time arising from compliance with SEC and other regulatory requirements. Bonso is eligible to deregister its securities because it has fewer than 300 holders of record. The Board of Directors believes the accounting, legal and administrative savings associated with delisting and deregistration, both in terms of cost and in time, are in the best interests of shareholders and BNSO. For BNSO’s size and the thinly traded nature of its stock, the Board believes the financial and management burden is disproportionate to the benefits of maintaining both its listing and its registered status. For these reasons, Board voted unanimously to voluntarily delist from Nasdaq and deregister under the Exchange Act". The Company intends to file a Form 25 with the Securities and Exchange Commission on or about June 23, 2023, and the Nasdaq delisting is expected to become effective on or about July 11, 2023, at which time trading on Nasdaq will cease. The common stock may thereafter be eligible for quotation on the Pink tier of OTC Markets Group if market makers commit to making a market in the Company’s shares. The Company can provide no assurance that trading in its common stock will continue on the OTC Markets Group or otherwise. After the Nasdaq delisting becomes effective, the Company will file a Form 15 with the Securities and Exchange Commission on or about July 12, 2023, at which time the Company anticipates that its obligation to file periodic reports under the Exchange Act, including annual and current reports on Form 20-F, and Form 6-K, respectively, will be suspended, and that all requirements associated with being an Exchange Act-registered company, including the requirement to file current and periodic reports, will terminate permanently 90 days thereafter. Upon termination of the registration of its Common Stock, the company's securities will not be eligible for trading on any national exchange or the OTCQB market. BNSO may periodically repurchase shares on the open market at prevailing market prices or in privately negotiated transactions following the filing of the Form 15. Reported Earnings • Apr 02
First half 2023 earnings released: US$0.33 loss per share (vs US$0.43 loss in 1H 2022) First half 2023 results: US$0.33 loss per share (improved from US$0.43 loss in 1H 2022). Revenue: US$5.37m (down 11% from 1H 2022). Net loss: US$1.60m (loss narrowed 24% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. 1 independent director (5 non-independent directors). Independent Director Woo-Ping Fok was the last independent director to join the board, commencing their role in 1994. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Nov 01
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. 1 independent director (5 non-independent directors). Independent Director Woo-Ping Fok was the last independent director to join the board, commencing their role in 1994. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Aug 02
Bonso Electronics International Inc. announced delayed 20-F filing On 08/01/2022, Bonso Electronics International Inc. announced that they will be unable to file their next 20-F by the deadline required by the SEC. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. 1 independent director (5 non-independent directors). Independent Director Woo-Ping Fok was the last independent director to join the board, commencing their role in 1994. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Recent Insider Transactions Derivative • Mar 04
Deputy Chairman of the Board notifies of intention to sell stock Chun Bong So intends to sell 20k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of March. If the sale is conducted around the recent share price of US$4.12, it would amount to US$82k. Since June 2021, Chun Bong has owned 493.54k shares directly. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improved over the past week After last week's 24% share price gain to US$4.27, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 17x in the Electronic industry in the US. Total returns to shareholders of 70% over the past three years. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorated over the past week After last week's 27% share price decline to US$3.30, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 17x in the Electronic industry in the US. Total returns to shareholders of 26% over the past three years. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment deteriorated over the past week After last week's 17% share price decline to US$4.41, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 18x in the Electronic industry in the US. Total returns to shareholders of 80% over the past three years. Board Change • Nov 02
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. 1 independent director (5 non-independent directors). Independent Director Woo-Ping Fok was the last independent director to join the board, commencing their role in 1994. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improved over the past week After last week's 20% share price gain to US$8.16, the stock trades at a trailing P/E ratio of 32.8x. Average trailing P/E is 26x in the Electronic industry in the US. Total returns to shareholders of 136% over the past three years. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 19% share price gain to US$6.86, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 29x in the Electronic industry in the US. Total returns to shareholders of 126% over the past three years. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment improved over the past week After last week's 15% share price gain to US$5.89, the stock is trading at a trailing P/E ratio of 68.8x, up from the previous P/E ratio of 59.8x. This compares to an average P/E of 31x in the Electronic industry in the US. Total returns to shareholders over the past three years are 57%. Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment deteriorated over the past week After last week's 18% share price decline to US$5.72, the stock is trading at a trailing P/E ratio of 66.8x, down from the previous P/E ratio of 81.5x. This compares to an average P/E of 28x in the Electronic industry in the US. Total returns to shareholders over the past three years are 40%. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improved over the past week After last week's 15% share price gain to US$6.22, the stock is trading at a trailing P/E ratio of 72.7x, up from the previous P/E ratio of 62.9x. This compares to an average P/E of 28x in the Electronic industry in the US. Total returns to shareholders over the past three years are 81%. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improved over the past week After last week's 19% share price gain to US$6.46, the stock is trading at a trailing P/E ratio of 75.4x, up from the previous P/E ratio of 63.4x. This compares to an average P/E of 28x in the Electronic industry in the US. Total returns to shareholders over the past three years are 116%. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 33% share price gain to US$5.90, the stock is trading at a trailing P/E ratio of 68.9x, up from the previous P/E ratio of 52x. This compares to an average P/E of 26x in the Electronic industry in the US. Total returns to shareholders over the past three years are 104%. Is New 90 Day High Low • Jan 01
New 90-day high: US$7.69 The company is up 76% from its price of US$4.36 on 02 October 2020. The American market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 24% over the same period. Valuation Update With 7 Day Price Move • Nov 05
Market pulls back on stock over the past week After last week's 17% share price decline to US$3.91, the stock is trading at a trailing P/E ratio of 45.7x, down from the previous P/E ratio of 55.1x. This compares to an average P/E of 24x in the Electronic industry in the US. Total returns to shareholders over the past three years are 51%. Valuation Update With 7 Day Price Move • Nov 01
Market pulls back on stock over the past week After last week's 18% share price decline to US$4.31, the stock is trading at a trailing P/E ratio of 50.3x, down from the previous P/E ratio of 61.2x. This compares to an average P/E of 24x in the Electronic industry in the US. Total returns to shareholders over the past three years are 70%. Announcement • Aug 01
Bonso Electronics International Inc. announced delayed 20-F filing On 07/31/2020, Bonso Electronics International Inc. announced that they will be unable to file their next 20-F by the deadline required by the SEC.