| Latest Forum Topics / Best World |
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THE BEST IS YET TO BE
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beng1102
Elite |
11-May-2019 00:09
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wow!  Your " England" so " powderful"   but it is wrong!  Capitulation happens whenever u could not recoup you lost but to give up such as share price drop by 10%.
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beng1102
Elite |
11-May-2019 00:04
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Now blame SGX!  Earlier I said SGX behaved unprofessionally and should cancal all trades, many shorties cried out laud and now  want SGX go bend the rule and no penalty.  When trading resume please do NOT naked short as any news or new evidence could quickly trigger trade halt, you should already known too well.  Monday announcement could be tricky, why need so many days to answer these simple questions?
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zillion
Master |
10-May-2019 23:32
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Agree. But sgx must differtiate the term short sell. Online trading platform gives that option to click sell or short sell. If the intention is sell first to cover position before closing the trade is not naked short. The retail player is not violating any sgx rules. Speak to any broker will also give same advice - can sell first to buy back bef 5pm /close. Sgx is at fault by suspending the counter before position is square off.
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newpattern
Senior |
10-May-2019 23:19
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The drop in prices of BW despite positive news from BW is due to : Bearish Market sediments . Short sellers report 45 mins after the opening trade. SELL in MAY and GO AWAY
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nqing87
Supreme |
10-May-2019 23:05
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well, i dont expect BW to say that they had done anything illegal.. asking BW is like asking a thief if he had stolen something or not.. so even if there' s any wrongdoing, no company in the right mind will admit their fault.. sgx might as well dont query.. best is they go down to investigate themselves..  | ||||
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ahhuat08
Elite |
10-May-2019 23:03
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Cfm whether it' s BIL or not also neet eot, omg, hahaha。
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1035834
Senior |
10-May-2019 23:03
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SGX didn&rsquo t stop ppls short selling but you need to borrow shares first or using cfd .   If allow short sell without share , no matter how strong of a Company also may go bankruptcy.
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newpattern
Senior |
10-May-2019 23:01
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So the next opening trade will be around $1.50( up 14cts from closing $.136 if positive news from BW and conduct share buy back again at opening. If no convincing news then.......best of luck
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1035834
Senior |
10-May-2019 22:58
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As SGX asked the response must be from board , those independent directors must be very careful in reply , maybe get few legal opinion before release to market . This is bet for their career . If anything wrongdoing, they maybe ban to become ID in other listed Co 
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zillion
Master |
10-May-2019 22:56
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Sgx should not penalise all those who sell first with intention to buy back by 5pm same day. Since sgx suspends BW the naked shorts are not at fault as no one foresee sgx 's trading halt. It is the fault of sgx settle system that are trapping the intra day players. | ||||
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sbscap
Master |
10-May-2019 22:54
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It's easy to tell the truth, when there is nothing to hide, when there is no wrongdoing, when straight talking is your style. Otherwise you need an extension. The short sellers can respond within hours. | ||||
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1035834
Senior |
10-May-2019 22:53
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If they can prove they are clear and SGX RegCo can verify the sales , plus China Legal (better get local Govt officer   to confirm they are compliance )confirm they are not doing mlm in China , this stock still got hope . Let see how , enjoy the weekend . All guessing also no use as we are not the insider .  | ||||
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newpattern
Senior |
10-May-2019 22:49
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Trade analysis 4.875 million shares buy back  at 1.75 and $1.32.. Mean BW at opening conduct  share buy back at $1.75 and supported at $1.32- traders who profited must be grateful to BW for their kind effort for the positive opening if not the price will be average $1.50 down from previous $1.62 8 million shares short sold.( declared) but intraday short cover not declared Mean balance 14 million shares comprises of  short covering intra day, force selling and also investor flee or cut loss and investor bought to keep |
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Shifu8888
Supreme |
10-May-2019 22:31
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Out of 26m shares transacted, 8 millions are short sold. Hence, it is important they answer properly. If answers properly these naked short sellers will have to cover big time pain pain when open. No joke. These naked short sellers need to be taught a lesson. GAP up +0.50, 8m shares means $4m. Getting more interesting now.
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positivity88
Veteran |
10-May-2019 22:27
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Gg ...ask for extension of time... no matter what you say the market will feel that you need time to cover ends.. Bonita?s or vw will surely give one more punch when you unsuspend.. what?s so difficult to say yes BIL and our dealings can be as transparent as you want to show you are not doing anything fishy.. open your books .. show all transactions done between the 2 companies .. all bank transfers.. just do this and everyone will support you.. | ||||
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Qanghoo
Supreme |
10-May-2019 22:25
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They' ve been paiting a picture of themselves as proper, rule-complying coy which had become a victim of a defamation plot.  Then answering the regulator' s qn shd be easy as ABC.  Why need to take 4-5 days?
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guards80
Supreme |
10-May-2019 22:16
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The Board of Directors (the ?Board?) of Best World International Limited (the ?Company?) refers to the queries by the Singapore Exchange Securities Trading Limited (?SGX-ST?) on 9 May 2019 (the ?Queries?). The SGX-ST required the Company to respond to the Queries by 10 May 2019. At the request of the Company, the SGX-ST has granted an extension for the Company to release an announcement in response to the queries by 8.30 a.m. on 13 May 2019 (Monday), in order for the Company to prepare and approve an announcement that will fully address the issues raised in the Queries. | ||||
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like2learn
Veteran |
10-May-2019 22:16
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in the end anti-climax .... mon also dunno can resume trading or not ... sigh ....
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warrenbuffet2018
Member |
10-May-2019 22:15
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x 0
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If the $$$ involve a big junk of the company revenue than it is serious.  
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warrenbuffet2018
Member |
10-May-2019 22:12
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typical HK drama ... I always enjoy watching HK drama when i was young. I  remember one of my favourite HK drama, something happen over the weekend for the witness ... classic
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