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michaeltan Master	16-May-2019 23:54        michaeltan About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Based on my observation. It is still too early to tell BW is worth. When the professional short seller Botanis makes an announcement to attack BW.  Immediately trading of BW share was halted as requested by the company and more than 2.1 million shorted shares were caught out of guard. The trading was halted for 5 days pending for the company announcement. The shorties came out all sort of treats. Some said will go down below $0.50 and other was saying below $1.00. But, the share price was actually open higher above at $1.70 before down by another attack. This prompt to SGX to step in and suspended for trading immediately. This time more than 8 million shares were caught in short position out of sudden. How long the suspension will be lifted nobody know. It all depends on the independent audit firm how soon they are able to submit the reports to SGX directly for review. This is a very crucial outcome of BW survival and determine legitimate of the accounting practice. The shorties are very happy now with prediction and imagination beyond who are in long position. You may not be surprised it can be the other way around. Though I have cleared my position, I withstand a neutral position until a full review report is out.          softdrink      ( Date: 16-May-2019 23:52) Posted: --- Post Removed by User ---
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destinykraze Elite	16-May-2019 23:47        destinykraze About Contact  Quote this Post!   Yells: "Reality is only a matter of perception"
x 0   x 0  Alert Admin	He realised this long ago. That is why he offloaded all his shares at the start of the day when it resumed trading after the halt. warrenbuffet2018      ( Date: 16-May-2019 17:29) Posted: I urged all do not listen to this man, You are buying into a company who like to find loop hole on laws/rules. BIL or China bussiness are an example. There might be more to come ... YES, doing that can get short terms gain but long terms lost. Short terms gain is over (share fly from $0.10 to $3.40) Those lucky one who bought low sell high already enjoy life. I saw couples of those taking first class to worldwide. I saw one donate to charity with name BWI (at that time i wondering what name is that, now i understand) Now is LONG TERMS LOST. What you can do now is minimise your lost.   michaeltan      ( Date: 16-May-2019 17:12) Posted: Save your analogy. I strongly believe the sales revenue BW is genuide. Otherwise the management team don' t need to defend vigorously. The Company takes its compliance obligations seriously, and developed the Franchise Model with advice from its professional advisors. The Company&rsquo s legal counsel in China, Beijing Dacheng Law Offices, LLP (part of the global law firm Dentons), one of the largest law firms in China, has opined that the business of the Group under the Franchise Model complies with applicable laws and regulations. The Company will seek a separate legal opinion on whether its current distribution model in China constitutes direct selling under the applicable laws and regulations and will make further announcements to update shareholders in due course. The Company recognises that laws and regulations, as well as the interpretation and application thereof, may change over time and/or in response to current developments. In order to ensure compliance and the security of its business and operations, the Company will continue to review the implementation of the Franchise Model, and will not hesitate to continue to fine tune and further develop the Franchise Model in order to remain effective and ensure compliance with applicable laws and regulations.
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softdrink Member	16-May-2019 23:44        softdrink About Contact  Quote this Post!
x 0   x 0  Alert Admin	I will PM you and explain to you how I can square off my position. Operator81      ( Date: 16-May-2019 23:22) Posted: Your England not poor, what is improvished is your knowledge. What make you think they want to sell everything? They are in control and they need to stop their operation and stay low profile as they are in the spotlight now and SGXRegco is watching them. Long and Short are both stucked because of the suspension.  What was sold from feb to apr is the real money in their syndicate pocket. You tell me with conviction how are you going to close your short position with the share remained suspended. softdrink      ( Date: 16-May-2019 22:37) Posted: You are missing my point. Yes, they might had sold a lot. What I am trying to say is that I do not think the selling is over as I believe that they are still holding with much share yet to clear. The selling will continue. Which part of my English do you not understand? Is my England so bad that you cannot understand or you misread my post? Well, it does not matter to me. The are of different level compared to mine. So long as I am making profit from this trade is what is matters. I am glad that I am in a short position rather than long position at this point of time. They make their profit, I make mine. For this amount that I am making, it is good enough for me
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Operator81 Senior	16-May-2019 23:22        Operator81 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Your England not poor, what is improvished is your knowledge. What make you think they want to sell everything? They are in control and they need to stop their operation and stay low profile as they are in the spotlight now and SGXRegco is watching them. Long and Short are both stucked because of the suspension.  What was sold from feb to apr is the real money in their syndicate pocket. You tell me with conviction how are you going to close your short position with the share remained suspended. softdrink      ( Date: 16-May-2019 22:37) Posted: You are missing my point. Yes, they might had sold a lot. What I am trying to say is that I do not think the selling is over as I believe that they are still holding with much share yet to clear. The selling will continue. Which part of my English do you not understand? Is my England so bad that you cannot understand or you misread my post? Well, it does not matter to me. The are of different level compared to mine. So long as I am making profit from this trade is what is matters. I am glad that I am in a short position rather than long position at this point of time. They make their profit, I make mine. For this amount that I am making, it is good enough for me. Operator81      ( Date: 16-May-2019 22:09) Posted: You go check what is the total volume transacted from Feb to Apr, you just need to take 5 percent of it and tell me how much shares were sold. Multiply this by $2 (lowest estimated avg price), how much money is that? Your profit fat compare to their zero cost and your volume big compare to their
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softdrink Member	16-May-2019 22:37        softdrink About Contact  Quote this Post!
x 0   x 0  Alert Admin	You are missing my point. Yes, they might had sold a lot. What I am trying to say is that I do not think the selling is over as I believe that they are still holding with much share yet to clear. The selling will continue. Which part of my English do you not understand? Is my England so bad that you cannot understand or you misread my post? Well, it does not matter to me. The are of different level compared to mine. So long as I am making profit from this trade is what is matters. I am glad that I am in a short position rather than long position at this point of time. They make their profit, I make mine. For this amount that I am making, it is good enough for me. Operator81      ( Date: 16-May-2019 22:09) Posted: You go check what is the total volume transacted from Feb to Apr, you just need to take 5 percent of it and tell me how much shares were sold. Multiply this by $2 (lowest estimated avg price), how much money is that? Your profit fat compare to their zero cost and your volume big compare to their? softdrink      ( Date: 16-May-2019 20:43) Posted: Operator, I do not understand you at all. Maybe you can learn that I have shorted this share big time and I am at a fatty profit position now. The price which I had shorted is $2.30 and with almost $1.00 difference, why say the money has parted with me? you joker
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Operator81 Senior	16-May-2019 22:09        Operator81 About Contact  Quote this Post!
x 0   x 0  Alert Admin	You go check what is the total volume transacted from Feb to Apr, you just need to take 5 percent of it and tell me how much shares were sold. Multiply this by $2 (lowest estimated avg price), how much money is that? Your profit fat compare to their zero cost and your volume big compare to their? softdrink      ( Date: 16-May-2019 20:43) Posted: Operator, I do not understand you at all. Maybe you can learn that I have shorted this share big time and I am at a fatty profit position now. The price which I had shorted is $2.30 and with almost $1.00 difference, why say the money has parted with me? you joker! Operator81      ( Date: 16-May-2019 20:10) Posted: You think and you thought. Your 💰   has already said bye bye to you. Learn this: the selling starts from the top and the syndicate likely have shorted too
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runaway Senior	16-May-2019 21:10        runaway About Contact  Quote this Post!
x 0   x 0  Alert Admin	What will happen to BW? nobody knows. Nobody has the answer until: 1. SGX investigation is done. 2. Suspension is lifted. We can have Kopi talks here, long or short doesnt matter.
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softdrink Member	16-May-2019 20:43        softdrink About Contact  Quote this Post!
x 0   x 0  Alert Admin	Operator, I do not understand you at all. Maybe you can learn that I have shorted this share big time and I am at a fatty profit position now. The price which I had shorted is $2.30 and with almost $1.00 difference, why say the money has parted with me? you joker! Operator81      ( Date: 16-May-2019 20:10) Posted: You think and you thought. Your 💰   has already said bye bye to you. Learn this: the selling starts from the top and the syndicate likely have shorted too. softdrink      ( Date: 16-May-2019 20:04) Posted: I do not think they have yet to sell off the big volume. Most likely they are caught by surprise by those reports by BT, BR, VV and especially the suspension by SGX. I believed they have yet to truely unload the big volume. Do be reminded that the trading volume consist of short and short covering. That is why I believed that they have yet to unload the big ones
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Sin_Cos_Tan Veteran	16-May-2019 20:23        Sin_Cos_Tan About Contact  Quote this Post!
x 0   x 0  Alert Admin	bayduck      ( Date: 16-May-2019 18:21) Posted: Wow if you want to take it so literally then might as well assume I am saying BW is only making $1.00 profits (like total profits, not eps) in total while reporting $2.00 profits in accounts.  Would it be better for you if I had used 1 cent, 2 cents and 0.8 cents as arbitrary figures instead? Good grief. Sin_Cos_Tan      ( Date: 16-May-2019 17:47) Posted: Hope you are don' t mislead the ppl here especially those without financial knowledge. You mentioned BW name 2 times in the first para. bayduck      ( Date: 16-May-2019 16:14) Posted:  Your understanding is correct. I did entertain that possibility before, and made the argument that .... maybe BW is booking $2 profits even though it' s actually only $1, then proceed to pay 80 cents in dividends.  In that case, BW can be both inflating profits and paying dividends at the same time.
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Operator81 Senior	16-May-2019 20:10        Operator81 About Contact  Quote this Post!
x 0   x 0  Alert Admin	You think and you thought. Your 💰   has already said bye bye to you. Learn this: the selling starts from the top and the syndicate likely have shorted too. softdrink      ( Date: 16-May-2019 20:04) Posted: I do not think they have yet to sell off the big volume. Most likely they are caught by surprise by those reports by BT, BR, VV and especially the suspension by SGX. I believed they have yet to truely unload the big volume. Do be reminded that the trading volume consist of short and short covering. That is why I believed that they have yet to unload the big ones. Operator81      ( Date: 16-May-2019 19:41) Posted: Bufffet, they are not offloading. Instead they are buying, to give michael and Gong Beng the confidence to buy. But i am sure the syndicate have sold quite a fair bit before and after the first trading halt in Feb. From Feb to April, you can imagine how much the syndicate have sold
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softdrink Member	16-May-2019 20:04        softdrink About Contact  Quote this Post!
x 0   x 0  Alert Admin	I do not think they have yet to sell off the big volume. Most likely they are caught by surprise by those reports by BT, BR, VV and especially the suspension by SGX. I believed they have yet to truely unload the big volume. Do be reminded that the trading volume consist of short and short covering. That is why I believed that they have yet to unload the big ones. Operator81      ( Date: 16-May-2019 19:41) Posted: Bufffet, they are not offloading. Instead they are buying, to give michael and Gong Beng the confidence to buy. But i am sure the syndicate have sold quite a fair bit before and after the first trading halt in Feb. From Feb to April, you can imagine how much the syndicate have sold. warrenbuffet2018      ( Date: 16-May-2019 18:23) Posted: Have not reach the target how to offload??
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Operator81 Senior	16-May-2019 19:41        Operator81 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bufffet, they are not offloading. Instead they are buying, to give michael and Gong Beng the confidence to buy. But i am sure the syndicate have sold quite a fair bit before and after the first trading halt in Feb. From Feb to April, you can imagine how much the syndicate have sold. warrenbuffet2018      ( Date: 16-May-2019 18:23) Posted: Have not reach the target how to offload??? beng1102      ( Date: 16-May-2019 18:22) Posted: You still have no evident that B Coy CEO offloaded the share?
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warrenbuffet2018 Member	16-May-2019 19:03        warrenbuffet2018 About Contact  Quote this Post!
x 0   x 0  Alert Admin	As i mentioned before, to judge someone is not by what we see, what you hear. WHY? What you see is what they want you to see. What you hear is what they want you to hear. To judge a person is look at small small thing. WHY? Becasue people cannot put up show 24 hours. For this BIL thing, i felt it is true when i cannot find this Mr. Koh social media any more ...  Trust my expertise, if you dont have shit you will not do that. I would say the below reply is a clever reply. This remind me of a Q& A How many hair do a donkey process? The best reply to this type of question is throwing the question back to them. ans: It is as many as your hair.  If the reply is withing minutes i might believe them but too bad the reply took days. Ms Hoan was not involved in Best World& rsquo s decision to partner with Changsha Best as the distributor of its skincare products in China. Mr Yan Weijun, a Chinese national unrelated to any management of Best World, was responsible for Changsha Best& rsquo s operations.   warrenbuffet2018      ( Date: 16-May-2019 18:47) Posted: I am trying my last drop to save as many as i can. Ms Hoan was not involved in Best World&rsquo s decision to partner with Changsha Best as the distributor of its skincare products in China. Mr Yan Weijun, a Chinese national unrelated to any management of Best World, was responsible for Changsha Best&rsquo s operations. Best World also said that Mr Yan set up Changsha Best in 2014, with Mr Koh providing the initial capital of US$100,000 (about S$137,000) as a &ldquo personal investment&rdquo . --- anyone believe sole owner dont involve in a COY decission that have 100 millions revenue?  Especially when you are not Bill Gate. --- anyone believe sister met sisters dont talk about bussiness when sisA is majoy customer  to Changsha Best and sisB is majoy customer of BWI??? ---  US$100,000  is just paid up capital. To run 100 millions revenue you need to folk up $xx millions upfront cash. If no cash, you need to take loans from bank. You have to be involved when take loan from bank. Your worker wont help you to take loan from bank.   softdrink      ( Date: 16-May-2019 18:25) Posted: Bro, stop wasting time on these ppl. At this stage of time, they still choose to believe when the market indicates so negatively on the company shows that they are strong believers. You think SGX will suspense a counter easily? They must have find this company very fishy and even might have found something not right in order to call for a full compliance and suspense the shares from trading! Since they are strong believers, let them be
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warrenbuffet2018 Member	16-May-2019 18:47        warrenbuffet2018 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I am trying my last drop to save as many as i can. Ms Hoan was not involved in Best World&rsquo s decision to partner with Changsha Best as the distributor of its skincare products in China. Mr Yan Weijun, a Chinese national unrelated to any management of Best World, was responsible for Changsha Best&rsquo s operations. Best World also said that Mr Yan set up Changsha Best in 2014, with Mr Koh providing the initial capital of US$100,000 (about S$137,000) as a &ldquo personal investment&rdquo . --- anyone believe sole owner dont involve in a COY decission that have 100 millions revenue?  Especially when you are not Bill Gate. --- anyone believe sister met sisters dont talk about bussiness when sisA is majoy customer  to Changsha Best and sisB is majoy customer of BWI??? ---  US$100,000  is just paid up capital. To run 100 millions revenue you need to folk up $xx millions upfront cash. If no cash, you need to take loans from bank. You have to be involved when take loan from bank. Your worker wont help you to take loan from bank.   softdrink      ( Date: 16-May-2019 18:25) Posted: Bro, stop wasting time on these ppl. At this stage of time, they still choose to believe when the market indicates so negatively on the company shows that they are strong believers. You think SGX will suspense a counter easily? They must have find this company very fishy and even might have found something not right in order to call for a full compliance and suspense the shares from trading! Since they are strong believers, let them be. warrenbuffet2018      ( Date: 16-May-2019 18:12) Posted: I guess someone want to join the billion dollars club. To join billion dollars club, share must hit $4 and above. This might explain why someone are so concern about share price and  do whatever it takes... lie, company $$$ to support, super long halts.. This look like one of my favourite HK drama, almost reach but sadly ... it wont reach in this life time. Fish eye (cannot close) will result when return IC.
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slidoffads Member	16-May-2019 18:31        slidoffads About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bump slidoffads      ( Date: 15-May-2019 13:44) Posted: Hi all, I am looking to sell 5,000 shares of best world. Any shortist who traded using phillip securities and don' t wish to incur risk and borrowing costs kindly contact me. Matching price is preferably $1.26-$1.46 but negotiable.
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softdrink Member	16-May-2019 18:25        softdrink About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro, stop wasting time on these ppl. At this stage of time, they still choose to believe when the market indicates so negatively on the company shows that they are strong believers. You think SGX will suspense a counter easily? They must have find this company very fishy and even might have found something not right in order to call for a full compliance and suspense the shares from trading! Since they are strong believers, let them be. warrenbuffet2018      ( Date: 16-May-2019 18:12) Posted: I guess someone want to join the billion dollars club. To join billion dollars club, share must hit $4 and above. This might explain why someone are so concern about share price and  do whatever it takes... lie, company $$$ to support, super long halts.. This look like one of my favourite HK drama, almost reach but sadly ... it wont reach in this life time. Fish eye (cannot close) will result when return IC.   beng1102      ( Date: 16-May-2019 18:05) Posted: Good try!  But B COY CEO so far have not offloaded any share, on the contrary the loaded more shares.  You can verify with SGX announcement.  Don' t tell me that they are allow to avoid announcement of share sales.  Don' t tell me that they sue proxy accounts to offload shares as the filing show increase percentage of holdings in their deemed interest
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warrenbuffet2018 Member	16-May-2019 18:23        warrenbuffet2018 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Have not reach the target how to offload??? beng1102      ( Date: 16-May-2019 18:22) Posted: You still have no evident that B Coy CEO offloaded the share?  warrenbuffet2018      ( Date: 16-May-2019 18:12) Posted: I guess someone want to join the billion dollars club. To join billion dollars club, share must hit $4 and above. This might explain why someone are so concern about share price and  do whatever it takes... lie, company $$$ to support, super long halts.. This look like one of my favourite HK drama, almost reach but sadly ... it wont reach in this life time. Fish eye (cannot close) will result when return IC.
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beng1102 Elite	16-May-2019 18:22        beng1102 About Contact  Quote this Post!
x 0   x 0  Alert Admin	You still have no evident that B Coy CEO offloaded the share?  warrenbuffet2018      ( Date: 16-May-2019 18:12) Posted: I guess someone want to join the billion dollars club. To join billion dollars club, share must hit $4 and above. This might explain why someone are so concern about share price and  do whatever it takes... lie, company $$$ to support, super long halts.. This look like one of my favourite HK drama, almost reach but sadly ... it wont reach in this life time. Fish eye (cannot close) will result when return IC.   beng1102      ( Date: 16-May-2019 18:05) Posted: Good try!  But B COY CEO so far have not offloaded any share, on the contrary the loaded more shares.  You can verify with SGX announcement.  Don' t tell me that they are allow to avoid announcement of share sales.  Don' t tell me that they sue proxy accounts to offload shares as the filing show increase percentage of holdings in their deemed interest
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bayduck Member	16-May-2019 18:21        bayduck About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wow if you want to take it so literally then might as well assume I am saying BW is only making $1.00 profits (like total profits, not eps) in total while reporting $2.00 profits in accounts.  Would it be better for you if I had used 1 cent, 2 cents and 0.8 cents as arbitrary figures instead? Good grief. Sin_Cos_Tan      ( Date: 16-May-2019 17:47) Posted: Hope you are don' t mislead the ppl here especially those without financial knowledge. You mentioned BW name 2 times in the first para. bayduck      ( Date: 16-May-2019 16:14) Posted:  Your understanding is correct. I did entertain that possibility before, and made the argument that .... maybe BW is booking $2 profits even though it' s actually only $1, then proceed to pay 80 cents in dividends.  In that case, BW can be both inflating profits and paying dividends at the same time.    Sin_Cos_Tan      ( Date: 16-May-2019 16:52) Posted: For Full yr 2018, Earning per share (EPS) was abt 5 cents.
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michaeltan Master	16-May-2019 18:17        michaeltan About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	The real Warrenbuffet that I know of is not narrow minded. He has set a very good example and donate billions to many charities. I am not encourage people to buy BW' s share at least now. Let' s wait a full verification and third party review reports out before to make any conclusion Let' s considered they are innocent unless proven guilty. warrenbuffet2018      ( Date: 16-May-2019 17:29) Posted: I urged all do not listen to this man, You are buying into a company who like to find loop hole on laws/rules. BIL or China bussiness are an example. There might be more to come ... YES, doing that can get short terms gain but long terms lost. Short terms gain is over (share fly from $0.10 to $3.40) Those lucky one who bought low sell high already enjoy life. I saw couples of those taking first class to worldwide. I saw one donate to charity with name BWI (at that time i wondering what name is that, now i understand) Now is LONG TERMS LOST. What you can do now is minimise your lost.   michaeltan      ( Date: 16-May-2019 17:12) Posted: Save your analogy. I strongly believe the sales revenue BW is genuide. Otherwise the management team don' t need to defend vigorously. The Company takes its compliance obligations seriously, and developed the Franchise Model with advice from its professional advisors. The Company&rsquo s legal counsel in China, Beijing Dacheng Law Offices, LLP (part of the global law firm Dentons), one of the largest law firms in China, has opined that the business of the Group under the Franchise Model complies with applicable laws and regulations. The Company will seek a separate legal opinion on whether its current distribution model in China constitutes direct selling under the applicable laws and regulations and will make further announcements to update shareholders in due course. The Company recognises that laws and regulations, as well as the interpretation and application thereof, may change over time and/or in response to current developments. In order to ensure compliance and the security of its business and operations, the Company will continue to review the implementation of the Franchise Model, and will not hesitate to continue to fine tune and further develop the Franchise Model in order to remain effective and ensure compliance with applicable laws and regulations.
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