| Latest Forum Topics / Best World |
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THE BEST IS YET TO BE
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beng1102
Elite |
08-Jul-2021 14:13
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Is only the China business is being questioned.  Their can spin-off and take it private and make appropriate payout to compensate the shareholders.
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phongy45
Senior |
06-Jul-2021 18:28
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allows dividend payout at least !!! .... real CASH, like hang a many nice chicken wings infront of you BUT cannot eat it !!!
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Richardlai
Master |
06-Jul-2021 15:33
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Best World has to hold an AGM for FY2020 by 28 Aug. So possible a notice maybe coming on soon.  There is no promise of relisting though as it will be decided by the Gods in SGX. |
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student
Master |
14-Jun-2021 07:15
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Found an interesting article about MLM model at :- https://travellingjezebel.com/anti-mlm-why-mlm-companies-are-bad/
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phongy45
Senior |
13-Jun-2021 17:49
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nice profits ....
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gravity8888
Supreme |
13-Jun-2021 10:59
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They need to resolve thier business model and is pending approval from China | ||||
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phongy45
Senior |
12-Jun-2021 23:55
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no eyes see !!!!
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phongy45
Senior |
12-Jun-2021 23:53
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sad
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george78
Member |
11-Jun-2021 20:12
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Gosh, 1Q2021 net profit hit S$37M! Too bad it is suspended. This is the only counter where management team is still intact, continue to grow top and bottom line, continue to make acquisition, continue to pay dividend (initially) during suspension. Furthermore, their numbers between 2015 till 2019 had been cleared and signed off by the 2 of the Big Four Audit Firm.  It' s been a long 2+ years wait, wonder when will SGX let it come out of suspension...the longer it waits, the stronger the recoil... |
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Richardlai
Master |
08-Jun-2021 15:55
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Sorry I dont have much share in BW. I dont mind if they do not get relisted yet .....so long as some dividends are paid . |
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phongy45
Senior |
08-Jun-2021 14:33
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anyone selling BWL, privately???
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Richardlai
Master |
07-Jun-2021 16:11
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During this period what Best World should do is meet with more analyists and investors and address their concerns and update them. So when it is subsequently relisted we can see the rocket zoom ! Best World is one of those companies that is pretty good to be taken over by a larger Group.  | ||||
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phongy45
Senior |
06-Jun-2021 18:27
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absolutely, .... world of different .... thet have REAL cash in SGP bank .... eveready to give shareholders in dividend !!!.... 
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student
Master |
06-Jun-2021 15:30
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The current direct-selling model presently allowed in China is very much different from the one practised in the West and everywhere else. It is an incentive-based model which disallows downline-recruiting practices which are disadvantageous to the huge masses at the lower portion of the pyramid. Such a situation is surely something to be avoided at all cost in China' s enormous population. The present direct-selling system allowed in China is based on one' s hard work selling the products, and not through one' s lucrative downline recruiting skills. I suppose this is a demonstration of their well-considerd wisdom.
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beng1102
Elite |
06-Jun-2021 14:13
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I don' t believe that China could allow illegal business to continue for so many years.  China now is no longer the same China 20 years ago.  The are progress much faster than SG in every ways.  There are many people whom are ready to crack down someone else for a slightest benefit.
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student
Master |
06-Jun-2021 11:18
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MLM is obviously a socially disastrous business model for a hugely populous civilisation like China due to the pyramid factor, but since the rest of the world seems to be OK with it, perhaps there' s no reason why it cannot be continued. Just a thought.
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moneyspinner
Veteran |
05-Jun-2021 08:10
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Strange that SGX keeps BWI under suspension despite the fact that it is doing very well. If it's indeed doing an illegal business in China, wouldn't the Chinese authorities shut it down immediately? The fact that it is allowed to continue to operate and operate well speaks volume of the what regulatory rules we are adopting. It is no wonder that SGX is dying..... | ||||
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Richardlai
Master |
31-May-2021 15:22
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Impressive report. Safety of products is one of the greatest concerns ... but generally not all products suit everyone. 
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phongy45
Senior |
31-May-2021 12:24
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https://bestworld.listedcompany.com/newsroom/20210530_210934_CGN_NGARAU8BPZJK9Y1W.1.pdf ....  Sustainability Report 2020
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phongy45
Senior |
24-May-2021 22:01
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could be good??
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