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THE BEST IS YET TO BE
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softdrink
Member |
13-Dec-2020 21:36
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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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phongy45
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13-Dec-2020 20:53
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80cents, i Q to buy too!!!
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phongy45
Senior |
13-Dec-2020 20:51
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why should CHINA profit drop? ... clearly shown businesses are good there.
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uiop1223
Supreme |
13-Dec-2020 16:19
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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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softdrink
Member |
13-Dec-2020 16:08
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Come come, anyone wants to cash out can look for me. Offering is $0.80 cash offer.
200 lots in hand. |
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like2learn
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13-Dec-2020 15:06
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my view on delisting is I think it will have to be a " fair" price that can be " justified" (e.g. by valuations like P/E, etc), if not, it may look quite bizarre.  imho, I don' t think the offer price(if there is one) will deviate extremely(above or below) from the last traded price unless things unexpectedly turn out for the worst(or best) or if trading resumes, then another story. although bizness is bizness, having spoken with Dora/HBC before in the past, to me, they are people whom I don' t mind working for. |
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like2learn
Veteran |
13-Dec-2020 14:52
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I think as investors/shareholders, we can engage regco to let them know our views/concerns as retail investors. I have written to regco several times on the BW issue. Even if I cannot change anything, at least I know I tried my best. Things that are beyond our control, just have to accept loh.
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3DecadesTrader
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13-Dec-2020 11:01
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@ulop1223, if don' t talk about " Delist" , then talk about " Relist" lor & there is certainly one going to be RELIST fot u to talk------> New Noble Group & one can talk alot about RELIST in the latter' s thread.   lolllllllll
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Eatall
Veteran |
13-Dec-2020 10:56
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Can cash out?
Aiyooo.... Spare a thought for those who vested leh.
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Eatall
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13-Dec-2020 10:38
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Quite true
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3DecadesTrader
Veteran |
13-Dec-2020 10:23
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@ulop1223,   let' s say u yourself r in the business world, having & maintaining a Good Reputation for yourself & of yourself ain' t essential & important for u? Btw, being in the business world (not gonna elaborate on my magmt & business running), believe me, not as easy as ABC should reputation be smelted/damaged(even without imprison record) & still as simple as ABC to merry-go-round other different public-listed companies to be directors because the Nominating Committee has to abide by protoccol & amongst other implicit & explict reviews. lollll
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meljohn
Senior |
13-Dec-2020 09:49
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Sgx need to improve their service.
Many incident happened the victim is alway the small shareholders. Our CPF and hard earn money disappeared. Guess con company owner is laughing our silly system. |
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uiop1223
Supreme |
13-Dec-2020 00:56
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Who cares about reputation? There are so many poorly run listed companies but people with money and connections will just get richer. As long as dont get jailed, plenty of opportunities for these pool of directors to merry go round and be directors of different companies.
If she cared abt reputation, she will not get her bro-in-law to do related party transactions. Any person with common sense will know its related party transactions and Dora is educated. What did BW do when queried by whistleblower? BW denied! And im sure Dora would have endorsed the media release right? Not her corp dept suka suka release replies. |
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uiop1223
Supreme |
13-Dec-2020 00:08
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Dora earned approx $5m for FY18. FY19 was a better yr but fs not finalised yet due to accounting issues (small issue to many shareholders here right? Got dividends good enough)
So Dora would earn more in FY19 as sales were better. Her remuneration for FY18: Salary: 18% Bonus: 81% BIK: 1% So she had very high incentives to increase sales right? Each qtr keep declaring better profits so her remuneration grows. So why she want to take company private? She can continue to milk the company and moving forward, if profitability impacted significantly, why will she want to waste money to delist? Usually delist happens when offeror see benefits of delisting right? And we can safely assume Dora is smart woman. https://bestworld.listedcompany.com/remuneration_matters.html |
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3DecadesTrader
Veteran |
13-Dec-2020 00:07
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I ain' t vested @ all in this Best World counter & thus, i can be absolute neutral to offer my most humble unbiased objective opinion & referring to utop1223, your view is correct only if Dora decides to retire from the business world (that is, golden basin wash hands & forever not gonna run any business or sit on board of directors) or else trust me, it ain' t as easy as ABC to be able to still maintain good reputation amongst the business world or seek potential investors & investments for her future other business endeavours if she is held as the culprit for the business collapse with failed business mgmt decisions cum insight.   Lolllll
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uiop1223
Supreme |
12-Dec-2020 23:54
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50cents to delist? Will u accept? If im Dora, i will want to let BW trade and collapse and then look good by offering a 20% premium to depressed share price. Or let the shares suspended... Dora and her gang getting well paid anyway. Is not as if their salary is suspended. GG, BW shareholders 👏 👏 👏
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like2learn
Veteran |
12-Dec-2020 23:22
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is it possible for owners to make an offer while shares are being suspended ? i also think this wld be the best outcome : shareholders who want to exit get to exit, BW can have more flexibility on its bizness model. imho, the direct selling bizness model also has inherent risk like what nuskin china had experienced in the past. wonder if owners and regco are willing to consider such a scenario ?
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moneyspinner
Veteran |
12-Dec-2020 21:18
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Since SGX is not happy to relist BW, the owners should just make an offer to take business private. This should be the win win solution for everyone rather than twicking the business model which may result in the company suffering losses just to satisfy all the necessary legal requirements to the letter. | ||||
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zandlery
Supreme |
12-Dec-2020 16:11
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Realistically when trading resume, most shareholder will rush to divest. They stuck too long..
Price will drop faster than medical stock when vaccine news hit. If there are no strong arm support, it will just go down. I'm sure everyone know just that everyone don't wanna jinx it. It doesnt matter if the company making legit money or not... |
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uiop1223
Supreme |
11-Dec-2020 21:17
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While business are going online and retail physical stores are on downtrend, BW going to setting up mutiple stores across china 🤣 🤣 🤣
The so call huge cash will be depleted and alot here will feel depressed all dont mind share suspend or collapse as long got dividends |
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