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THE BEST IS YET TO BE
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bwavep
Senior |
26-Apr-2019 10:33
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the management paid themselves > $xxx mils and you reckon the company is not money minded??    all listed companies better be money- minded to some degree....otherwise investors might as well donate to charity instead of management pockets!    ![]()
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Sen9999
Member |
26-Apr-2019 10:31
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As in how u want to evaluate them? CSI their background? 😂 , So far I see they have got their legal team ready(one of the biggest in china) , their audit team ready.
After reading what was printed , strike fear initially, like most of u guys, but after carefully reading it, then realise these reports could be written for their personal gain. Didn't BR made gains in Hengan case as well? After that it all went back well. So who is responsible in that case? They push down the price.. then buy up again?
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bwavep
Senior |
26-Apr-2019 10:25
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try doing due diligence on a MLM business and sitting down with the mgt and top tier sales reps for off-the-record conversations....see what new impressions you walk away with    ![]() If it' s a company that is very money minded, they would have been coming out with new products every month to churn users to buy. But that' s not the case for BWL. Their focus is really helping users to look great without makeup.
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bwavep
Senior |
26-Apr-2019 10:19
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sigh....if you read very carefully what i typed, i did not say the Noble financial backdrop was like BW' s.    what I was pointing out, however, was that the investor backlash towards the short sellers is very similar.  and this is where the problem lies.  a suspension of objectivity.... (its seems many people do not really read carefully what is written and printed.  this is why you have Hyflux and BW investors clamouring for blood after the fact....)
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bwavep
Senior |
26-Apr-2019 10:15
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if you read carefully, I didnt say BW was like Noble the point made was that investors are quick to blame the short sellers instead of re-evaluating company management.
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Sen9999
Member |
26-Apr-2019 10:09
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Hefty profit because their margin is really high, low advertisement fee. The commission payout, in SG context and in MLM context is so low , why would someone wants to sell their product? It's because their product is effective and they are consistent. If it's a company that is very money minded, they would have been coming out with new products every month to churn users to buy. But that's not the case for BWL. Their focus is really helping users to look great without makeup.
How you expect them to explain how they earn so much money? If your salary is $10k, then your relative ask you how u justify the $10k salary into hundreds, how to explain?
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beng1102
Elite |
26-Apr-2019 10:03
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Anyone still keen to tell a monkey' s story and become LLP SG? Shorties are only have 1 out of 3 chances to win this time.  Look at the possible outcomes: 1.  No Fraud:    Shorties loss 2.  Fraud:  -  Founders control  stake is 41% and to pre-empt every investigation and serious legal implication,  buy out all sharehold and privatized.  Shorties loss.                   -  Founders unable to damage control -  Shorties win. 1 out 3 chances only for the shorties,  Good Luck!                  
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stockpicker
Master |
26-Apr-2019 09:53
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you have a point there.. The goods about BWL is that it is not thinking about " squeezing" money out of the investors but it could not also explain probably  how it could make so much money from China whereas all others like AVON and AMWAY,  MaryKay etc just cannot..Franchise model is nothing new and these other companies must have already tried it.. One thing for sure,  it has proven many times now and again that olne can do roaring business  if one is brave enough to take the risk to go " against all odd" .. for example,  bribring the Chinese officers is one good way to get rich quickly.  The bosses of Quan Jian etc have done these but they landed in jail ultimately 
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Wangderful10
Member |
26-Apr-2019 09:52
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Would like to reiterate, run fast fast and far far if you can! Suspension of coverage is a very very bad sign! Go read up the Midas saga, something similar happened. Analysts ceased coverage before trading halt, which was followed by suspension and eventually liquidation. Run!!! Once TH is lifted (if it ever happens), run for your life!!!!!!
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ArnoldSchwez
Senior |
26-Apr-2019 09:51
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I do hope they halt longer. Have fun shortist  | ||||
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Sen9999
Member |
26-Apr-2019 09:48
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In this case, it is very different from Noble. BWL firstly has no debt to speak of, how to fail when you have no debts. Be it the share price is $1, $2, $3, the company won't be force to shut down, because simply they have no debtors to chase them.
The current situation is mainly speculation that their model is not legal in china, but after such a long period, they are still selling and churning results in china. Even so, without China, it's still a company that will survive relying on their SEA market. How to make up the cash holdings to pay dividend and stuff if no real cash is in there. They wouldn't have declare high dividend(so high that it only do themselves injustice). Rather it's a company that sounds like they are rewarding their loyal supporters, some of whom are their users, their partners. As I mentioned, its not possible to compare apple to.orange, and each case is different. Until you understand their model, don't bring in Noble, Midas who are they going to default their obligation? Look at hengan? Has short sellers been right in that case?
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investshare
Supreme |
26-Apr-2019 09:47
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So long still cannot reply? From halt to suspend? | ||||
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michaeltan
Master |
26-Apr-2019 09:34
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Let' s compare between Noble and BW issues objectively. Noble is entirely a fraud company with  pile of debts. The company  desperate issue rights shares after another and issue bonds after another. What the hell that company can survive with more 5 billions of write down!!!
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stockpicker
Master |
26-Apr-2019 09:27
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I don' t think BWL is clean in its business dealings in China nor I like to think Bonitas is helping to get thing even by not studying in detail and supporting its claim with concrete evidences although Bonitas might have spent efforts searching for such evidences but he should know how things work and hit the nails at the right spot.. Both BWl and Bonitas cannot convincingly explain properly why BWL has such hefty profits.. there must be a story to be uncovered and yet to be told. but who will this be?  may be the Chinese Authorities?
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Starship
Supreme |
26-Apr-2019 09:20
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![]()
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bwavep
Senior |
26-Apr-2019 09:11
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don' t fully understand why, as similar to Noble, there is still a propensity to find fault with the short sellers rather than the management.  all the Noble bulls and defenders have faded away and gone as quiet as...well, Noble. objectivity dictates one should look equally hard at the company management and not just the short sellers.  if the shortists are pitching a cock and bull case, they will pay for it in the markets itself. as posted earlier:    the early investors made a killing, the late ones got killed and are wondering why.  
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bwavep
Senior |
26-Apr-2019 09:05
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still find it curious when investors don' t reckon they have, at the very least, some wool pulled over their eyes by a company' s management.  perhaps the analyst should also have been cautious right from the start....   Best World (BEST SP, TP: N/A) Suspension Of Coverage 
Analyst: JXXXXXX Cai +65 XXXX XXXX
(don' t say we anyhow doxx her, ok? 
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Justice888
Supreme |
26-Apr-2019 08:53
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Most investors are kiasu. They will just run first decide later . So the short sellers will gain.
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stockpicker
Master |
26-Apr-2019 08:43
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Think this ganster looking man will be in hot soup if he has a lot of short sellings.. https://skyjuiceiswater.blogspot.com/2019/02/direct-selling-in-china.html
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destinykraze
Elite |
26-Apr-2019 08:33
Yells: "Reality is only a matter of perception" |
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Do you know bots solution are rampant and easy to deploy? You see this method used on youtube, twitch and even website views. Who can guarantee views = products purchase. And if the product is so good. The views from searches should not be 191. Something does not tally. |
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