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sbscap Master	05-May-2019 22:47        sbscap About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	After may 8? Request for another extension of trading halt. Lol.
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ArnoldSchwez Senior	05-May-2019 22:11        ArnoldSchwez About Contact  Quote this Post!
x 0   x 0  Alert Admin	Fear mongering lol. What will it be like after 8th May. Lets stay tune.
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Jamesbond007 Veteran	05-May-2019 21:54        Jamesbond007 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not be bothered with its coming q results as the numbers have been questioned. Probably, going to be gd to calm many a frayed nerve. As i have said long ago, this is a counter best to avoid.
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Newlearner Veteran	05-May-2019 20:07        Newlearner About Contact  Quote this Post!
x 0   x 1  Alert Admin	With so reports against best world, look like it' s a difficult task for the management to defend themselves. D2 investment owns 40%, at market cap of 890m,  operating cash flow of 90+m, it does make sense for management to privatize best world.
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like2learn Veteran	05-May-2019 18:48        like2learn About Contact  Quote this Post!
x 0   x 0  Alert Admin	given their track record since listing, i am quite confident BW will make it within 9 days - the mighty D2or will use the legendary BWlnir to hammer the short sellers' report. the shareholders will continue to be riched to x% of tony stark' s wealth, depending on the amount of shareholdings. critical success factor : patience & due diligence
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runaway Senior	05-May-2019 17:23        runaway About Contact  Quote this Post!
x 0   x 0  Alert Admin	If the market has lost trust in a company, good results dont matter anymore. BW must refute the allegations by short sellers with convincing facts and evidence. It needs a miracle to present one in 9 days. Get ready your peanuts and beer for SGX version of avengers on Thurs 9/May.
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pool100 Veteran	05-May-2019 16:43        pool100 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Actually not true. Those who are gullible and continue to believe in their ' spectecular' numbers in their upcoming results and persist in holding on will need to worry. Once the chinese authorities clamp down on BW and shut down their offices/confiscate their goods, all will be over. Based on chart, BW could go back below 20 cents. destinykraze      ( Date: 05-May-2019 14:15) Posted: Only those who do naked shorts would worry. But these numbers are negligible. Unless BW can rebut the claim convincingly, the only trend BW has is downtrend, a big steep slide is expected/ gravity8888      ( Date: 05-May-2019 12:07) Posted: Dun need to speculate.. Let see lo.. If BW wan to play punk. They can just suspense the counter and both the long and short will jialat. But only halt.. Anyway just wait n see
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destinykraze Elite	05-May-2019 14:15        destinykraze About Contact  Quote this Post!   Yells: "Reality is only a matter of perception"
x 0   x 0  Alert Admin	Only those who do naked shorts would worry. But these numbers are negligible. Unless BW can rebut the claim convincingly, the only trend BW has is downtrend, a big steep slide is expected/ gravity8888      ( Date: 05-May-2019 12:07) Posted: Dun need to speculate.. Let see lo.. If BW wan to play punk. They can just suspense the counter and both the long and short will jialat. But only halt.. Anyway just wait n see
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ahhuat08 Elite	05-May-2019 14:12        ahhuat08 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It really baffles me， denying the allegations in the shortsellers reports take 9 working days to prepare?
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Jamesbond007 Veteran	05-May-2019 14:08        Jamesbond007 About Contact  Quote this Post!
x 0   x 0  Alert Admin	This grey areas where no one really understands the finer details n going on offer the smart ones to lead the blinded elephants round n round n towards the precipice. That was the biggest danger that i had been seeing. $0 value is what i am seeing.
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gravity8888 Supreme	05-May-2019 12:07        gravity8888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dun need to speculate.. Let see lo.. If BW wan to play punk. They can just suspense the counter and both the long and short will jialat. But only halt.. Anyway just wait n see
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Sin_Cos_Tan Veteran	05-May-2019 11:52        Sin_Cos_Tan About Contact  Quote this Post!
x 0   x 0  Alert Admin	How is Best World operating in China? By : Valiant Varriors http://valiantvarriors.wixsite.com/home/newletters/best-world-the-worst-investment   Sin_Cos_Tan      ( Date: 05-May-2019 11:22) Posted: A franchisor can be held liable for actions of the franchisee. stockpicker            ( Date: 02-May-2019 21:24) Posted:      Think BWL will need to be more transparent on what they are doing especially about Franchising.  They are giving people the wrong impression that Franchising is more efficient and better than Direct Selling.  What actually happened in China is Franchising can earn 3X more but difficult to control the sale of the Franchisees who could always engage in pyramid selling without BWL knowing it.    If there are troubles,  not only the brand name of WBL will be tarnished but also WBL will have to handle the trouble as the Franchisees are under their direct control.          The investors are not stupid and they should tell the investors about the risk involved especially when the bigger ones like QuanJian and Tanesee are already in trouble.  Understand these 2 companies have not only lost market share but the going converns will be a problem. Let wait and see what BWL got to say.  .   destinykraze      ( Date: 05-May-2019 10:04) Posted: The problem is they never answer 1-4 properly/clearly, till this date they havent been able to provide a good answer. Based on what shorting institute has shown it is proving it to be running MLM business. Why shorting institute compare quanjian and BWI? Because Quanjian was very successful. It was caught doing MLM with the same concept BWI has(QJ has retail stores everywhere, for training low tier MLM sales person, not really for direct sales) and the entire 3 billion business went poof. The law will eventually catch up, because even after multiple queries, the company still cannot prove it' s not running like MLM.
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Sin_Cos_Tan Veteran	05-May-2019 11:22        Sin_Cos_Tan About Contact  Quote this Post!
x 0   x 0  Alert Admin	A franchisor can be held liable for actions of the franchisee. stockpicker            ( Date: 02-May-2019 21:24) Posted:      Think BWL will need to be more transparent on what they are doing especially about Franchising.  They are giving people the wrong impression that Franchising is more efficient and better than Direct Selling.  What actually happened in China is Franchising can earn 3X more but difficult to control the sale of the Franchisees who could always engage in pyramid selling without BWL knowing it.    If there are troubles,  not only the brand name of WBL will be tarnished but also WBL will have to handle the trouble as the Franchisees are under their direct control.          The investors are not stupid and they should tell the investors about the risk involved especially when the bigger ones like QuanJian and Tanesee are already in trouble.  Understand these 2 companies have not only lost market share but the going converns will be a problem. Let wait and see what BWL got to say.  .   destinykraze      ( Date: 05-May-2019 10:04) Posted: The problem is they never answer 1-4 properly/clearly, till this date they havent been able to provide a good answer. Based on what shorting institute has shown it is proving it to be running MLM business. Why shorting institute compare quanjian and BWI? Because Quanjian was very successful. It was caught doing MLM with the same concept BWI has(QJ has retail stores everywhere, for training low tier MLM sales person, not really for direct sales) and the entire 3 billion business went poof. The law will eventually catch up, because even after multiple queries, the company still cannot prove it' s not running like MLM.   stockpicker      ( Date: 05-May-2019 08:22) Posted: Many do not quite understand what BWI was doing and most are just guessing.  This was because BWI was not quite transparent in its workings.  Some said BWI is trying to hide the ugly side of the business some just call BWI a fraud but many do not understand that how BWI can rake in so much money.  The Attackers attacked BWI 1.  Do not properly maintain the Retail Sale Branches and Stores 2.  Still doing MLM which is illegal in China 3.  Existing set up not possible to make a lot of money 4.  Might follow the footsteps of QuanJian and Tensee eventually..   Personally,  dont think 1 to 3 is a problem for BWI to explain except for 4 that BWI will have a hard time convincing the investors as Franchisees in China is just too hard to control.  These 2 giants QuanJian and Tensee failed.. Understand Infinitus is also stepping into the same boat.    It is just too difficult to do an [honest] business in China.   It would be smart for BWI   to learn from AVON when they were attacked by the same   US critics for many years.  They lied low.  At least,  AVON today is still in business.   As for AMWAY,  they have moved out of US altogether to Malaysia.    The Attackers will eventually leave them alone   especailly when they lost a lot of money.   If BWI can admit that there will be difficulties controlling the Franchisees and show or demonstrate that they have taken steps to control the Franchising business,  it might be able to get over by having the continued supports from the died-hard investors
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destinykraze Elite	05-May-2019 10:05        destinykraze About Contact  Quote this Post!   Yells: "Reality is only a matter of perception"
x 0   x 0  Alert Admin	So? Noble also brought 50m+ shares in short time span and it went up in smokes. splee58      ( Date: 05-May-2019 09:13) Posted: BW actual SGX buy-in 398,300 shares at average $1.68 See SGX buy-in securities report for 26apr19  or 29apr19
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destinykraze Elite	05-May-2019 10:04        destinykraze About Contact  Quote this Post!   Yells: "Reality is only a matter of perception"
x 0   x 0  Alert Admin	The problem is they never answer 1-4 properly/clearly, till this date they havent been able to provide a good answer. Based on what shorting institute has shown it is proving it to be running MLM business. Why shorting institute compare quanjian and BWI? Because Quanjian was very successful. It was caught doing MLM with the same concept BWI has(QJ has retail stores everywhere, for training low tier MLM sales person, not really for direct sales) and the entire 3 billion business went poof. The law will eventually catch up, because even after multiple queries, the company still cannot prove it' s not running like MLM.   stockpicker      ( Date: 05-May-2019 08:22) Posted: Many do not quite understand what BWI was doing and most are just guessing.  This was because BWI was not quite transparent in its workings.  Some said BWI is trying to hide the ugly side of the business some just call BWI a fraud but many do not understand that how BWI can rake in so much money.  The Attackers attacked BWI 1.  Do not properly maintain the Retail Sale Branches and Stores 2.  Still doing MLM which is illegal in China 3.  Existing set up not possible to make a lot of money 4.  Might follow the footsteps of QuanJian and Tensee eventually..   Personally,  dont think 1 to 3 is a problem for BWI to explain except for 4 that BWI will have a hard time convincing the investors as Franchisees in China is just too hard to control.  These 2 giants QuanJian and Tensee failed.. Understand Infinitus is also stepping into the same boat.    It is just too difficult to do an [honest] business in China.   It would be smart for BWI   to learn from AVON when they were attacked by the same   US critics for many years.  They lied low.  At least,  AVON today is still in business.   As for AMWAY,  they have moved out of US altogether to Malaysia.    The Attackers will eventually leave them alone   especailly when they lost a lot of money.   If BWI can admit that there will be difficulties controlling the Franchisees and show or demonstrate that they have taken steps to control the Franchising business,  it might be able to get over by having the continued supports from the died-hard investors           Sin_Cos_Tan      ( Date: 05-May-2019 07:16) Posted: Based on valuation on the balance sheet .... Net Assets value per share : 30 cents   beng1102  Member Posted: 05-May-2019 01:15   Short seller should strictly short sell only if the share price much higher than what is reflected in the balance.  It should be base on valuation on the balance sheet and not base on unproven accusation.
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destinykraze Elite	05-May-2019 09:54        destinykraze About Contact  Quote this Post!   Yells: "Reality is only a matter of perception"
x 0   x 0  Alert Admin	Have you even read through all the reports on whether BW is doing MLM business in china?  If you evidence presented is conclusive that BW is doing MLM and you agree, then do you know it' s a violation of china laws to do MLM and could result in confiscation of assets? Think logically. beng1102      ( Date: 05-May-2019 01:15) Posted: Short seller should strictly short sell only if the share price much higher than what is reflected in the balance.  It should be base on valuation on the balance sheet and not base on unproven accusation. destinykraze      ( Date: 05-May-2019 00:57) Posted: From singapore news media. https://www.businesstimes.com.sg/companies-markets/sales-of-drs-secret-in-china-best-worlds-best-kept-secret So many red flags, I could only highlight a portion to not overwhelm ppl with WOTs. Tracking sales Best World says it has 28 franchisees spread across 10 provinces and one municipality in China. However, not a single one is listed on the company website. The person who answered a telephone call in Best World' s subsidiary' s office in Hangzhou city said she was not sure how to locate the franchisees, and reckoned they were based in Hunan province. Changsha city in Hunan is said to be a Best World stronghold. The city hosted Best World' s annual international convention last June. But a search for " Best World" on Dazhong Dianping, China' s most popular review and ratings app, listed only one beauty parlour in Changsha. It had 18 reviews, two of which were negative. Its phone was powered off. An online search for " DR' s Secret" listed a handful of skin management centres with only one review between them. By any yardstick, Best World' s retail locations in China are exceptionally hard for consumers to track down. Mr Huang declined to disclose the names of the 28 franchisees and their exact store locations: " We don' t share that. Now is not the right time. I' m in the blackout period. After results maybe we can talk more. " There is no online store for DR' s Secret in China even though Best World' s franchisees use a " social selling" model. In its latest corporate presentation, Best World said it is the 13th largest company in China' s premium skincare market, with a market share of 1.6 per cent in 2017 based on retail value of 940 million yuan (S$188 million). The league table was attributed to Euromonitor, based on the market research firm' s estimates and trade interviews. When BT showed Best World' s league table to Euromonitor, a Euromonitor spokesman expressed surprise. " We are not sure about how they rank themselves by the reference of Euromonitor' s source. Indeed, according to our research methodology in 2017 they were not significant enough to be tracked," she said. " So we are lacking solid source to recognise its market share in the context of premium skincare in China." According to Euromonitor, the top brand was L' Oreal, followed by Estee Lauder, Infinitus and Amway. Clarins ranked 13th with a 1.5 per cent market share based on 2017 retail value of 877 million yuan. Fancl ranked 14th, Chanel 15th, and Laboratoires Bioderma 16th. A search on Taobao that sorts skincare products by sales volume reflected a slower sales record for DR' s Secret over the last 30 days, relative to its apparently smaller rivals like Clarins and Chanel. Best World said it has strong user engagement on Wechat, where people can make purchases from promoters directly. But it' s not possible to track sales on Wechat. It could well be that Taobao is not one of Best World' s main sales channels, but as China' s biggest e-commerce app, it may be the best gauge an outsider can have of customer demand. Investors trying to independently verify the popularity of DR' s Secret in China are therefore left trying to make sense of data points that suggest an unimpressive online and offline footprint for what is supposedly a fast-growing skincare brand.
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Starship Supreme	05-May-2019 09:46        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	BEST WORLD INTERNATIONAL LIMITED Company Registration No. 199006030Z DATE OF RELEASE OF FIRST QUARTER FINANCIAL RESULTS AND EXTENSION OF TRADING HALT The Board of Directors (the &ldquo Board&rdquo ) of Best World International Limited (the &ldquo Company&rdquo ) wishes to announce that the Company will release its quarterly financial results for the financial period ended 31 March 2019 on Wednesday, 8 May 2019. The Board further wishes to inform shareholders that the SGX-ST has granted the Company a further extension of the trading halt of three days (i.e., the trading halt may be lifted no later than 8.30 a.m. on 9 May 2019 (Thursday). BY ORDER OF THE BOARD Huang Ban Chin Director and Chief Operating Officer 4 May 2019  https://links.sgx.com/FileOpen/Best%20World%201Q2019%20Results%20Release%20Date%20and%20Extension%20of%20Trading%20Halt.ashx?App=Announcement& FileID=557904
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Berani Elite	05-May-2019 09:25        Berani About Contact  Quote this Post!
x 0   x 0  Alert Admin	pls complain SGX... extend the halt days again and again
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splee58 Member	05-May-2019 09:13        splee58 About Contact  Quote this Post!
x 0   x 0  Alert Admin	BW actual SGX buy-in 398,300 shares at average $1.68 See SGX buy-in securities report for 26apr19  or 29apr19
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runaway Senior	05-May-2019 08:43        runaway About Contact  Quote this Post!
x 0   x 0  Alert Admin	千 呼 万 唤 始 出 来 , 犹 抱 琵 琶 半 遮 面 . 三 天 冲 凉 ， 五 天 化 妆 ， 三 天 穿 衣 。 。 。 九 号 准 备 好 了 ， 你 们 决 定 。
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