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8781-8800 of 8843
More to come...
The best is yet to come!
Still way undervalued!
I share the same view. Pe is very high. However, the share price is not determined simply based on pe, eps, pb etc. What is driven the share price up in this case is the expected grant of direct marketing aka MLM license by China authority. This would translate to increased sale if thing goes well. I have to concede I missed this as I could have vested when the price was only 30 cents. There are confluence of reasons why I didn't vest but It's ok and congrats to those vested.
kktiong ( Date: 06-Mar-2016 22:54) Posted:
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The best is yet to come!
The best is yet to come!
I not so sure abt this counter. Just looked at the 2015 FA the book value only 28 cts and the available cash worked out to be 21 cts. Maybe the order book very strong I dont know. But at current price of 39 cts and dividends of 1.5 cts, I think if want to buy I will wait for it to come down after div payout in May. Cheers and good luck
May be the next riverstone
Still way undervalued!
tomhanks,
for s-chips lovers, Bestworld will be the ideal stock that is managed by local and is going big on a china story. Strong cash position of $40m will support consistent div yield and shield it fr any interest hike down the road...cheers all here!
tomhanks ( Date: 04-Mar-2015 13:08) Posted:
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Veteran,
You are right. The company has strong financials and on the right track. However, with the volume/day we see, trading is quite sluggish for a profit making company as this.
Tomhanks,
can you see the quiet accumulation? it has achieved strong growth in direct sell for various countries, grow number of regional centre fr 56 to 79 in 2014, increased cash fr $31.5m to $39.2m that will support strong growth and div down the road and with direct sell license for on the way, where could you find a company in such sweet spot? Innovalues has risen fr 9c to > 60c now, and I see a strong surge in price for best world once BBs accumulate enough shares.
tomhanks ( Date: 03-Mar-2015 15:53) Posted:
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One of the companies with consistent performance with dividends. Needs more market support with such good results.
Superb 4Q. Cash went up to $40m, representing 77.4% of market cap. Application for direct sell license in China on good progress. Should steadily move toward 60c and then $1 due to small free float.
think2profit ( Date: 27-Jan-2015 17:52) Posted:
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Bought some 21.5c last week....drink my Kopi also
edwinjup ( Date: 06-Nov-2014 19:26) Posted:
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There has been strong growth in Philippines and Taiwan and after acquiring the Hang Zhou company needed for MLM license application in China, it doesn' t have much need for cash. I see BW will distribute decent div when majority shareholders are insiders.
K.tan79 ( Date: 19-Jan-2015 17:14) Posted:
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Think2profit, with this information ...you sure there will be nice div?
http://mysgx.com/stocks/5ER
It is time to take start buying Best World before the last qtr rpt. Expect good result and nice div.
Bro,
A bit disappointed too. Share price is going to trade side way till next reporting season.
edwinjup ( Date: 06-Nov-2014 19:26) Posted:
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Result below my expectation......😬 will keep.monitor....
edwinjup ( Date: 05-Nov-2014 13:58) Posted:
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