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Starship Supreme	07-Jan-2021 14:44        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	choong      ( Date: 30-Dec-2020 12:36) Posted: Another year gone and still on suspension. Bought three counters (Ezion, Tech & OiL) including this. All still under SUSP.  All gone to drain!
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newbie19 Supreme	07-Jan-2021 14:33        newbie19 About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	choong      ( Date: 30-Dec-2020 12:36) Posted: Another year gone and still on suspension. Bought three counters (Ezion, Tech & OiL) including this. All still under SUSP.  All gone to drain!
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choong Senior	30-Dec-2020 12:36        choong About Contact  Quote this Post!
x 0   x 0  Alert Admin	Another year gone and still on suspension. Bought three counters (Ezion, Tech & OiL) including this. All still under SUSP.  All gone to drain!
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iinvestor Veteran	23-Dec-2020 14:08        iinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	Overhyped product...not LOREAL or CLARINs remind...... Pandemic over next year...maybe this one still zzz... All unhappy holders will unload max....
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Richardlai Master	23-Dec-2020 11:14        Richardlai About Contact  Quote this Post!
x 0   x 0  Alert Admin	The shares will be listed sooner or later I think. If it goes below $1 buy more I think. All company face challenges but a company with plenty of cash can relax. like2learn      ( Date: 22-Dec-2020 23:37) Posted: --- Post Removed by User ---
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uiop1223 Supreme	23-Dec-2020 08:59        uiop1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	BW selling products not covered under franchise license in china. Any penalty? Singtel kena big tax charges clawback by India. How abt BW?
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uiop1223 Supreme	23-Dec-2020 08:41        uiop1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wow... its just wow! Still dreaming of offer of $1.5 - $2
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Operator81 Senior	22-Dec-2020 21:17        Operator81 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ah beng, based on your many years of compliance experience, can you tell us: 1)  is the company compliance or non-compliance before the suspension? 2)  How about now? 3) How long has the company been suspended?  4) Privatization needs money, do they have the money? 5) did sgx Regco refused to lift the suspension? What is the reason?   beng1102      ( Date: 22-Dec-2020 15:12) Posted: If cannot resume is also not a bad thing as it would push them even harder to privatize and relist in other exchange for more IPO profit. uiop1223      ( Date: 21-Dec-2020 18:58) Posted: But i see many typical sg retailers who are hungry for dividends and will turn blind eye to what mtgm is doing. So they deserve it when shares suspended. Best is that BW shares suspended indefinitely. Teach these grp of people a lesson. Good governance is here for reason For those not familiar with how auditors issue their report, it all depends on the scope of work. Note that the scope doesnt include fraud or any wrong doings by mtgm. PWC will not comment beyond the scope agreed with mtgm and SGX. By commenting more, they are exposing themselves to unnecessary liability
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beng1102 Elite	22-Dec-2020 19:19        beng1102 About Contact  Quote this Post!
x 0   x 0  Alert Admin	People earn money, u not happy. uiop1223      ( Date: 22-Dec-2020 16:43) Posted: U r naive. If im them, i will let it suspend while i earn my salary and bonus. Remuneration determined by remuneration comm.. but come on, do u think these people really independent and care abt minority sh? I wouldnt be surprised if Dora earn $6m or even more for FY19... just that fs not finalised, so yet to disclosed.
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uiop1223 Supreme	22-Dec-2020 16:43        uiop1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	U r naive. If im them, i will let it suspend while i earn my salary and bonus. Remuneration determined by remuneration comm.. but come on, do u think these people really independent and care abt minority sh? I wouldnt be surprised if Dora earn $6m or even more for FY19... just that fs not finalised, so yet to disclosed.
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beng1102 Elite	22-Dec-2020 15:12        beng1102 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If cannot resume is also not a bad thing as it would push them even harder to privatize and relist in other exchange for more IPO profit. uiop1223      ( Date: 21-Dec-2020 18:58) Posted: But i see many typical sg retailers who are hungry for dividends and will turn blind eye to what mtgm is doing. So they deserve it when shares suspended. Best is that BW shares suspended indefinitely. Teach these grp of people a lesson. Good governance is here for reason For those not familiar with how auditors issue their report, it all depends on the scope of work. Note that the scope doesnt include fraud or any wrong doings by mtgm. PWC will not comment beyond the scope agreed with mtgm and SGX. By commenting more, they are exposing themselves to unnecessary liability
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Richardlai Master	22-Dec-2020 15:10        Richardlai About Contact  Quote this Post!
x 0   x 0  Alert Admin	Well Best World is seeking an extension to hold AGM in Feb 2021. So relisting would be late March 2021 at the earliest I think.  Generally they do seem to have a good product that is marketable at good margins.All they need to do is hire some experienced professionals to adress the SGX concerns. like2learn      ( Date: 21-Dec-2020 17:39) Posted: --- Post Removed by User ---
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uiop1223 Supreme	21-Dec-2020 18:58        uiop1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	But i see many typical sg retailers who are hungry for dividends and will turn blind eye to what mtgm is doing. So they deserve it when shares suspended. Best is that BW shares suspended indefinitely. Teach these grp of people a lesson. Good governance is here for reason For those not familiar with how auditors issue their report, it all depends on the scope of work. Note that the scope doesnt include fraud or any wrong doings by mtgm. PWC will not comment beyond the scope agreed with mtgm and SGX. By commenting more, they are exposing themselves to unnecessary liability
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uiop1223 Supreme	21-Dec-2020 16:46        uiop1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Trust me... the auditor fees will be huge... if they continue to charge from day 1 till now. And it wouldnt take so long for sgx to approve if the issues easily rectified.
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Richardlai Master	21-Dec-2020 16:24        Richardlai About Contact  Quote this Post!
x 0   x 0  Alert Admin	Well we need auditors to clear their accounts first. It seems so far there has been no serious fraud or misapropriation, perhaps inadequte management control and discipline which can be rectified. Profits has been piling up and so has their cash, they been paying plently in taxes too. Might be better to suspend it till most issues are cleared so that they can address the concerns of investors. like2learn      ( Date: 17-Dec-2020 22:48) Posted: --- Post Removed by User ---
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uiop1223 Supreme	18-Dec-2020 16:44        uiop1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The change in china approach means BW will need to get the license, source for good physical location, hire and train staff. All these take money and time and will eat in BW margin. Those who claim that change to physical store has no inpact on profitability are most like those who bought this MLM share and hope that the musical chair doesnt stop. Moreover, there are so many substitutes products available. Till now, there is no definite facts to show that BW products is selling well. We only know the related franchise buy a lot from BW.
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Midtermer Master	18-Dec-2020 12:44        Midtermer About Contact  Quote this Post!
x 0   x 0  Alert Admin	I believe they should have built up a sizeable customer base in China so direct selling should not be an issue in terms of profitability. The diversification and expansion into the other countries bodes well in the long term. Hope they will resume trading soon.
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uiop1223 Supreme	16-Dec-2020 17:06        uiop1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Clearly u didnt read their statements carefully. The model in china will be in form of retail outlets which incur rental and staff costs. phongy45      ( Date: 13-Dec-2020 20:51) Posted: why should CHINA profit drop? ... clearly shown businesses are good there. uiop1223      ( Date: 13-Dec-2020 16:19) Posted: How to use p/e to make offer price when fs not reliable / not fairly presented? (eg sales to related party?) What is benefit to Dora if she takes it private now that the profit in china will go down? Can see that BW trying to relist and see hows the share price for next few qtrs These people are smart and not stupid. Maybe when share price drop to a certain level like 50cents than they will make an offer 65cents and claim that challenging biz environment, chance for investors to exit blah blah blah.. As for reputation, name me a person who screwed up a company and subsequently not hired? Or its a case of having connections and get appointed for subsequent mtgm jobs? Beauty industry is full of hard sell and shameless sales tactics. @like2learn u dont mind working for Dora, but will u want to do business on B2B level with her?
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Richardlai Master	16-Dec-2020 17:01        Richardlai About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks from what I read , if all okay that means the share is worth over $2.00 . nice.
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like2learn Veteran	13-Dec-2020 21:50        like2learn About Contact  Quote this Post!
x 0   x 0  Alert Admin	possible to deal off mkt ? is it (1) have to be using the same custody provider (2) cannot be using CDP ? softdrink      ( Date: 13-Dec-2020 21:36) Posted: I have 200 lots of Short position from BW. Those who wish to square off their position can let me know. My offer would be $0.80. Cash deal. Will only deal with those who have 50 lots and above. PM me it you are interested.
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