| Latest Forum Topics / Best World |
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THE BEST IS YET TO BE
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JarBinx
Member |
10-May-2019 22:10
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They wanna enjoy the weekend.. 1:40am announcement too shag for them
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like2learn
Veteran |
10-May-2019 22:06
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breaking news - have to wait till mon now ... | |||||||||||||||||||
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destinykraze
Elite |
10-May-2019 22:04
Yells: "Reality is only a matter of perception" |
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Yes, And this took a heavy toll on their GTI. If your GTI is very low, everyone especially the institutional investors would avoid it.
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like2learn
Veteran |
10-May-2019 21:53
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等 你 等 到 我 心 痛 ..... 等 你 等 到 没 有 梦 .... Sian, keep waiting ... probably 11+pm announcement ? previously wait for announcement like wait for world cup finals ... today like wait for final whistle during extra time.
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JarBinx
Member |
10-May-2019 21:05
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Not illegal, but it is good corporate governance practice to disclose. Given all the bad news so far, share price will take a dive even if its not illegal.
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Operator81
Senior |
10-May-2019 21:05
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Beng, let me know when you wake up. Bcos the next phase after suspension is known as capitulation. After capitulation then it is hong lim park protest.
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kerier
Veteran |
10-May-2019 20:46
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more likely they didnt expect what was coming and they certainly underestimated their enemies. 
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pool100
Veteran |
10-May-2019 20:43
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Why would they want to privatise a company filled with gaping holes and now pending Chinese authorities investigations? And do they have the financial ability to do that even if they want to? It doesn' t make sense at all. Let me tell you the secret behind MLM - Most of the members sign up not because the product is good - but because they r drawn by the get rich scheme. Pay the initial purchase and then you have the ticket to climb the ranks and sell on the goods to other buyers. The other buyers don' t care if the product is good or not, they also want to jump on the train and get on the get rich scheme. It goes on and on like how other MLM business works. Now here is the problem - in China, MLM is illegal. Companies have gone bust because they flout the rules. And I strongly believe that BW' s success was based on the MLM model. If they did, they have to face the music one way or the other. This is a company that could potentially go bust. And it is a reality that is more real than many naive investors think.
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beng1102
Elite |
10-May-2019 20:42
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It seem too easy to catch them on this point.  Are the founders really that stupid and do not know how to cover-up when intend to cheat.  Like Singpost Director involved in conflict of interest did not declared (give lot reason and act blur) and was only given a warning.
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beng1102
Elite |
10-Jun-2026 10:29
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Not so simple lah!  If there is omssion, the authority could order a full investigation by a third party to verify all the transactions involved at the expense of BW.
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destinykraze
Elite |
10-May 20:29
Yells: "Reality is only a matter of perception" |
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Means BWI didn' t do a full/accurate disclosure for whatever reason. We have no idea what actions SGX is going to take after hearing their reasoning, 
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destinykraze
Elite |
10-May-2019 20:27
Yells: "Reality is only a matter of perception" |
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I' ve been here for a long time. From my deduction based on my interaction with them, I could tell majority of the forumers here are small time players and are much older than me. $5000-$10,000 is a big sum for them, often making a  mountain out  of a molehill. They make invests based on hearsay rather than doing own due dillgence. When you warn them about penny stocks(Not BWI) and obvious red flags, they would think you are just obstructing their path to riches. It pains me to see elderly and mature adults to be gambling away their savings. Some defining traits would be talking about religion, karma and baseless optimistic assumptions. Hello, you are talking about business here, there is no god, no coincidence, no miracle (A miracle will never happen to those who yearn for it, but does nothing.)  
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ivanchong75477
Member |
10-May-2019 20:18
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not illegal.
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sanchezbarry77
Member |
10-May-2019 20:17
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but can enlighten me, if this changsha primary agent is indeed the brother-in-law of the owner of best world, is that legal or illegal? | |||||||||||||||||||
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ivanchong75477
Member |
10-May-2019 20:14
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Friend. Let me tell you something. Most of the excellent writers here might not even be the actual shareholders. I will be actually surprised if more than 5% of the shareholders visited this forum before. 
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destinykraze
Elite |
10-May-2019 20:08
Yells: "Reality is only a matter of perception" |
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Contemplation before investing is a must. if you are unable to think, try to ask your kids to do the analysis for u. The singapore education has equipped younger students of average calibre to be capable of simple analysis. If the business is in china, how likely is it do creative accounting because of poor enforcement? if related, is it possible the dealer orders in bulk but returns and refunds periodically? that might explain the erratic performance of BWI. It is a concept similar to wash trade, some stocks use wash trade. basically, it is easier to manipulate data if you have dealer under your control. | |||||||||||||||||||
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positivity88
Veteran |
10-May-2019 20:07
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Not to add oil to fire.. but correct me if I am wrong that in their reply they stated they will start to share buy back after Unhalt and they state that in their opinion they think that it?s undervalued ...
I don?t think companies are allowed to induce buying and also not allowed to use share buy back as a means of pushing a stock.. might have flout some rules here... |
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kerier
Veteran |
10-May-2019 20:01
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If buy $10,000 worth of products then maybe not worth mentioning but if it makes up a significant chunk or even just a few per cent, you have to disclose it. A public listed company is supposed to be open and transparent in its dealings and give full disclosure. What the shortists are after  is whether the demand is real and if the products truly end up in the hands of the chinese consumers. If you want to do shady business, stay private and away from public scrutiny. 
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alvin.lim.77
Member |
10-May-2019 19:52
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Our fair country got a lot of company give brother sister do business lor. Really big big one lor. Then again, if the brother in law company actually paid up and do not owe money to Best World, then what is the problem? Revenue leh. Shareholders should be happy mah. | |||||||||||||||||||
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Leehonghng
Member |
10-May-2019 19:50
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A person when he got the right answer to answer, he took very fast to reply. If he do not have any think to answer, it will take very long time to anyhow give you an answer.
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