Best World   

THE BEST IS YET TO BE

yes dfusion. Best World is one of the few shares left in the market that is still hovering at around its all time high price now. If it can survive the storm, $1.2 should be a simple target!

 

yes stockking. i do recognise that. i have bought in lots at 0.83. I'm confident of the stock esp after it's performance during these 2 weeks. i'm targeting it to hit at least $1.20 within this year as long as the trend turn positive

 

dfusion, ....closed with strong volume and way above 85c!! It is definitely a GOOD NEWS!

 

As expected....ralli after placement!

 

dfusion, yes, dora and doreen sold.

but to who? answer: international institutional investors.

think abt it: why wld they buy at 85 cts when the market is falling around them?
u may or may not agree, but my answer is i think they figure it's worth $1.50 today, and $2 by the start of 2008.

other thing to note is, Executive Director Huang Ban Chin bought from dora and doreen. he bougth 1.2 m shares to increase his stake to 3.6%. Isn't that .a show of confidence in the business? Otherwise, if u were him, why on earth wld u buy 1.2 million of shares?

 

Bullrun....well said! That's why you are the guru!!!

The best is yet to come!

 

bullrun4ever, As I mentioned earlier...I cannot find any good reason to sell BW!! If the Fund Managers will to pay 85c during a major correction to buy the share do you think it make sense to sell now?

 

In general, it  depends on who the buyer are. If they dump the shares to open market then that will be negative. The placement is done to Funds managers and that is definitely  GOOD NEWS!!

 

forgive my ignorance, CEO and chairman sells share, why is this good news?

 

Mr. Bullrun,

Now bull really run...run away! haha....

So have you reduce your holding? Or planning to load more?

 

This is good news that we have been waiting for...

- founders reduce stakes to below 50%.

- the married deal is a tangible testament of strategic investors' confidence and commitment to the coy future.

- No dilution ....EPS remain...

-Executive Director increased stake to 3.6%...a show of confident since he really know the business and coy well.

- 85c formed the new support for Best World.

- bringing in good investors will further strengthen the shareholding structure...many of them may continue to buy more from open market

- improve liquidity in the market and further encourage institutional interest in the company...

- To find out who buy....read BW FY 06 annual report!

 

: -16.5 million shares were placed out at 85 cents
-Executive Director, Mr Huang Ban Chin increased his stake to 3.6%    ....

This is GREAT NEWS!!

 

Yes...by all measures, it is still way undervalued!

 

Till now still no news yet.......

 

Waiting for the BIG news!!!

 

Who have that huge number of shares to sell? Who willing to buy that that price went everyone trying to exit from the market?  Perpare for the big news, the Best is Yet to Come!

 

It's good to look out for a double-top... :)

 

18,921,000 shares traded today!

Quiz: did retail investors jumped in to buy (when the overall market was moody and sickly)?

Answer: no way!

Quiz: Then who, who?

Answer: Fund managers, lah.

Quiz: Why, ah?

Answer: They fell in love ... with Dora and Doreen.

(Tsk, tsk. seriously - Results above expectations. Best World reported a net profit of S$11.9m (+40% YoY) for FY06, above Westcomb estimates of S$11.5m.............)

 

Very HIGH volume today and Strong rebound!!

 

Value Investors just need to sit back and relax.......

Best World is proud to obtain the 2006 Top 10 Direct Selling Brands in Great Credibility in Asia-Pacific Region. and the 2006 Top 10 Influential Systems in Asia-Pacific Region at the Third Global System Leader Summit & First Asia-Pacific Regional Forum of Genuine Direct Selling....