| Latest Forum Topics / Best World |
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THE BEST IS YET TO BE
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runaway
Senior |
16-May-2019 09:43
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Given the two risk factors: 1. Suspension may be in force for a long time 2, Investigations may reveal wrong doing Nobody would buy to cover short at the last traded price.   |
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bernardc
Elite |
16-May-2019 08:47
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Die day.2
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slidoffads
Member |
16-May-2019 08:26
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Bump
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ArnoldSchwez
Senior |
16-May-2019 07:34
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As of now shortlists have won, I agree. But I firm yes to months later, I doubt so. No one knows what lies ahead.  | ||||
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destinykraze
Elite |
15-May-2019 23:16
Yells: "Reality is only a matter of perception" |
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No. It means longists suffers lesser loss. It a fixed match at this stage already. Shortists has already won, in case you are still dreaming. The company will take a long time to recover. That still depends on what SGX and the follow up will find.
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ArnoldSchwez
Senior |
15-May-2019 23:01
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So if profit higher means shortist lose?   |
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softdrink
Member |
15-May-2019 22:49
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I do not mind to cover half my short position which is at least 200,000 - 250,000 shares. Price which I offer would be $0.45. I will keep the rest of my remaining to right for better price.
Legit deal. Cash deal. Interested can PM me |
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destinykraze
Elite |
15-May-2019 22:39
Yells: "Reality is only a matter of perception" |
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Just watch, I expect profit to go down in 3 to 6 months now that they are monitored closely. Happened to the other " profitable" companies, lets see if history repeats itself.
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ArnoldSchwez
Senior |
15-May-2019 22:37
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So what if while halting, best world continue even making better profit each Q?  | ||||
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Berani
Elite |
15-May-2019 22:36
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PWC easily took 1/2 year
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destinykraze
Elite |
15-May-2019 22:32
Yells: "Reality is only a matter of perception" |
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After my 1st year in investment, I took all anal ysts reports with a grain of salt. These are mostly losers that can' t succeed in trading, what do they know?  Those that are really good don' t give out information for free, they often give misleading information to maximise their advantage. One good example would be people from Goldman Sachs..
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destinykraze
Elite |
15-May-2019 22:28
Yells: "Reality is only a matter of perception" |
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It will never be in the range of NAV. Unless, BWI has very bad news surfacing. Such as, primary dealer operation halted and assets seized by china government, CAD raids BWI' s office computer and document seized. 
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like2learn
Veteran |
15-May-2019 22:24
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like that means what ??? ---------------------------------------------------------------------------------------------------------------------------------------------------- http://azurecapital.com.sg/our-team/investment/terence-wong/ Voted as the Best Country Analyst in the Asiamoney Brokers Poll, Terence managed RHB Investment Bank&rsquo s multi-award winning research team in Singapore prior to founding Azure Capital. RHB was named the top research house in the Starmine Analyst Awards in 2013 and 2014, and has consistently been ranked #1 for small cap research by Asiamoney..... https://www.sgbudgetbabe.com/2019/05/what-i-learnt-from-in-footsteps-of.html My favourite and most relatable speaker was Terence Wong from Azure Capital, who focused on two themes: analysts reports and management quality.  His two messages were clear:
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beng1102
Elite |
15-May-2019 22:15
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In the first place this analyst is consistently wrong in setting the target price and as a result he needs to shift the target drastically.    It is akin to sabotage!  Who can still believe in this kind of analyst?
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Goldfinger
Supreme |
15-May-2019 22:12
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This company is a sad disgrace. | ||||
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beng1102
Elite |
15-May-2019 22:11
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AGM is for shareholders,  there is more reasons now for AGM so that should not be postponed.
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Sin_Cos_Tan
Veteran |
15-May-2019 22:01
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Which price you are looking for? $0.47 or NAV of $0.31? Brokerage CLSA is keeping its " sell" call on Best World. Analyst Low Horng Han slashed his 12-month target price for the stock from S$1.75 to S$0.47 on Monday, based on a lower multiple of five times forward earnings, instead of 12 times. http://www.businesstimes.com.sg/companies-markets/best-worlds-independent-reviewer-to-report-only-to-sgx-regco-from-now  
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destinykraze
Elite |
15-May-2019 21:41
Yells: "Reality is only a matter of perception" |
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Realistically speaking shortist would be looking $1.1 -$1.2 to cover back in off-market deals. The rest would probably hope for more bad news so they could cover back when it' s lower. There is a low chance that BW becomes a clean slate again, but even then, it would take a long time.
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like2learn
Veteran |
15-May-2019 21:33
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currently, AGM is supposed to be end Jun 2019. suspended can still have AGM or also must be postponed ?
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InvestSG
Member |
15-May-2019 21:14
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I have 100 lots. Pls pm me if anyone, shortist or otherwise, are interested.  | ||||
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