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stockpicker Master	05-May-2019 08:22        stockpicker About Contact  Quote this Post!
x 0   x 0  Alert Admin	Many do not quite understand what BWI was doing and most are just guessing.  This was because BWI was not quite transparent in its workings.  Some said BWI is trying to hide the ugly side of the business some just call BWI a fraud but many do not understand that how BWI can rake in so much money.  The Attackers attacked BWI 1.  Do not properly maintain the Retail Sale Branches and Stores 2.  Still doing MLM which is illegal in China 3.  Existing set up not possible to make a lot of money 4.  Might follow the footsteps of QuanJian and Tensee eventually..   Personally,  dont think 1 to 3 is a problem for BWI to explain except for 4 that BWI will have a hard time convincing the investors as Franchisees in China is just too hard to control.  These 2 giants QuanJian and Tensee failed.. Understand Infinitus is also stepping into the same boat.    It is just too difficult to do an [honest] business in China.   It would be smart for BWI   to learn from AVON when they were attacked by the same   US critics for many years.  They lied low.  At least,  AVON today is still in business.   As for AMWAY,  they have moved out of US altogether to Malaysia.    The Attackers will eventually leave them alone   especailly when they lost a lot of money.   If BWI can admit that there will be difficulties controlling the Franchisees and show or demonstrate that they have taken steps to control the Franchising business,  it might be able to get over by having the continued supports from the died-hard investors           Sin_Cos_Tan      ( Date: 05-May-2019 07:16) Posted: Based on valuation on the balance sheet .... Net Assets value per share : 30 cents   beng1102  Member Posted: 05-May-2019 01:15   Short seller should strictly short sell only if the share price much higher than what is reflected in the balance.  It should be base on valuation on the balance sheet and not base on unproven accusation.
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Sin_Cos_Tan Veteran	05-May-2019 07:16        Sin_Cos_Tan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Based on valuation on the balance sheet .... Net Assets value per share : 30 cents   beng1102  Member Posted: 05-May-2019 01:15   Short seller should strictly short sell only if the share price much higher than what is reflected in the balance.  It should be base on valuation on the balance sheet and not base on unproven accusation.
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beng1102 Elite	05-May-2019 01:15        beng1102 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Short seller should strictly short sell only if the share price much higher than what is reflected in the balance.  It should be base on valuation on the balance sheet and not base on unproven accusation. destinykraze      ( Date: 05-May-2019 00:57) Posted: From singapore news media. https://www.businesstimes.com.sg/companies-markets/sales-of-drs-secret-in-china-best-worlds-best-kept-secret So many red flags, I could only highlight a portion to not overwhelm ppl with WOTs. Tracking sales Best World says it has 28 franchisees spread across 10 provinces and one municipality in China. However, not a single one is listed on the company website. The person who answered a telephone call in Best World' s subsidiary' s office in Hangzhou city said she was not sure how to locate the franchisees, and reckoned they were based in Hunan province. Changsha city in Hunan is said to be a Best World stronghold. The city hosted Best World' s annual international convention last June. But a search for " Best World" on Dazhong Dianping, China' s most popular review and ratings app, listed only one beauty parlour in Changsha. It had 18 reviews, two of which were negative. Its phone was powered off. An online search for " DR' s Secret" listed a handful of skin management centres with only one review between them. By any yardstick, Best World' s retail locations in China are exceptionally hard for consumers to track down. Mr Huang declined to disclose the names of the 28 franchisees and their exact store locations: " We don' t share that. Now is not the right time. I' m in the blackout period. After results maybe we can talk more. " There is no online store for DR' s Secret in China even though Best World' s franchisees use a " social selling" model. In its latest corporate presentation, Best World said it is the 13th largest company in China' s premium skincare market, with a market share of 1.6 per cent in 2017 based on retail value of 940 million yuan (S$188 million). The league table was attributed to Euromonitor, based on the market research firm' s estimates and trade interviews. When BT showed Best World' s league table to Euromonitor, a Euromonitor spokesman expressed surprise. " We are not sure about how they rank themselves by the reference of Euromonitor' s source. Indeed, according to our research methodology in 2017 they were not significant enough to be tracked," she said. " So we are lacking solid source to recognise its market share in the context of premium skincare in China." According to Euromonitor, the top brand was L' Oreal, followed by Estee Lauder, Infinitus and Amway. Clarins ranked 13th with a 1.5 per cent market share based on 2017 retail value of 877 million yuan. Fancl ranked 14th, Chanel 15th, and Laboratoires Bioderma 16th. A search on Taobao that sorts skincare products by sales volume reflected a slower sales record for DR' s Secret over the last 30 days, relative to its apparently smaller rivals like Clarins and Chanel. Best World said it has strong user engagement on Wechat, where people can make purchases from promoters directly. But it' s not possible to track sales on Wechat. It could well be that Taobao is not one of Best World' s main sales channels, but as China' s biggest e-commerce app, it may be the best gauge an outsider can have of customer demand. Investors trying to independently verify the popularity of DR' s Secret in China are therefore left trying to make sense of data points that suggest an unimpressive online and offline footprint for what is supposedly a fast-growing skincare brand.
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beng1102 Elite	05-May-2019 01:05        beng1102 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Very true!  Furthermore how to run a business with peace of mind where there are so many interferences.  Founders do not need to borrow a lot money to privatise this as company is cash rich and 2 founders combine stake is 41%. 1035834      ( Date: 04-May-2019 21:15) Posted: To me , I foresee it is very likely will be a privatisation offer, as they drag till result announcement , as offeror normally will release result follow by offer announcement.  dyingcat      ( Date: 04-May-2019 20:26) Posted: We can expect 1Q result will be fantastic. They keep extending TH just because they want the 1Q result to help minimize the impacts.
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destinykraze Elite	05-May-2019 00:57        destinykraze About Contact  Quote this Post!   Yells: "Reality is only a matter of perception"
x 0   x 0  Alert Admin	From singapore news media. https://www.businesstimes.com.sg/companies-markets/sales-of-drs-secret-in-china-best-worlds-best-kept-secret So many red flags, I could only highlight a portion to not overwhelm ppl with WOTs. Tracking sales Best World says it has 28 franchisees spread across 10 provinces and one municipality in China. However, not a single one is listed on the company website. The person who answered a telephone call in Best World' s subsidiary' s office in Hangzhou city said she was not sure how to locate the franchisees, and reckoned they were based in Hunan province. Changsha city in Hunan is said to be a Best World stronghold. The city hosted Best World' s annual international convention last June. But a search for " Best World" on Dazhong Dianping, China' s most popular review and ratings app, listed only one beauty parlour in Changsha. It had 18 reviews, two of which were negative. Its phone was powered off. An online search for " DR' s Secret" listed a handful of skin management centres with only one review between them. By any yardstick, Best World' s retail locations in China are exceptionally hard for consumers to track down. Mr Huang declined to disclose the names of the 28 franchisees and their exact store locations: " We don' t share that. Now is not the right time. I' m in the blackout period. After results maybe we can talk more. " There is no online store for DR' s Secret in China even though Best World' s franchisees use a " social selling" model. In its latest corporate presentation, Best World said it is the 13th largest company in China' s premium skincare market, with a market share of 1.6 per cent in 2017 based on retail value of 940 million yuan (S$188 million). The league table was attributed to Euromonitor, based on the market research firm' s estimates and trade interviews. When BT showed Best World' s league table to Euromonitor, a Euromonitor spokesman expressed surprise. " We are not sure about how they rank themselves by the reference of Euromonitor' s source. Indeed, according to our research methodology in 2017 they were not significant enough to be tracked," she said. " So we are lacking solid source to recognise its market share in the context of premium skincare in China." According to Euromonitor, the top brand was L' Oreal, followed by Estee Lauder, Infinitus and Amway. Clarins ranked 13th with a 1.5 per cent market share based on 2017 retail value of 877 million yuan. Fancl ranked 14th, Chanel 15th, and Laboratoires Bioderma 16th. A search on Taobao that sorts skincare products by sales volume reflected a slower sales record for DR' s Secret over the last 30 days, relative to its apparently smaller rivals like Clarins and Chanel. Best World said it has strong user engagement on Wechat, where people can make purchases from promoters directly. But it' s not possible to track sales on Wechat. It could well be that Taobao is not one of Best World' s main sales channels, but as China' s biggest e-commerce app, it may be the best gauge an outsider can have of customer demand. Investors trying to independently verify the popularity of DR' s Secret in China are therefore left trying to make sense of data points that suggest an unimpressive online and offline footprint for what is supposedly a fast-growing skincare brand.
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destinykraze Elite	05-May-2019 00:44        destinykraze About Contact  Quote this Post!   Yells: "Reality is only a matter of perception"
x 1   x 0  Alert Admin	Share prices are determined by future potential earnings. The revenue from china is cut which makes up 2/3 of the company' s revenue, and if it' s removed and assets confiscated due to violation of law. It is no rocket science, a crash is certain. The short selling companies have solid proof of what BW is doing in china is MLM. This is a fact which these short selling institutions are willing to prove, even in court. I would advise those vested to go thoroughly read up these reports and decide for themselves. Imho, If I' m vested, there would be no doubts that I will sell it without 2nd thought. Justice888      ( Date: 04-May-2019 21:43) Posted: Best world advertise themselves as a Singapore public listed company to sell themselves in China. And wat good will they get to delist ? Actually the price of the share got no impact on the directors . They are not selling the shares . Even if the share price drop below $1 . They will still continue the biz and collecting salaries lor. 1035834      ( Date: 04-May-2019 21:15) Posted: To me , I foresee it is very likely will be a privatisation offer, as they drag till result announcement , as offeror normally will release result follow by offer announcement.
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destinykraze Elite	05-May-2019 00:42        destinykraze About Contact  Quote this Post!   Yells: "Reality is only a matter of perception"
x 1   x 0  Alert Admin	Whats scary is, the way the vested users here are typing and reacting, they appear to be  deluded and  gullible like those in noble and hyflux. Facts are facts, there is nothing to argue about, from the small things like founders to have online doctorate from degree mill to the hard facts like extensive research done by short selling institute with video and picture evidence. All the dangerous/warn signs are already there, but strangely, they can' t see it. I don' t know whether it' s greed or stupidity or both.   pool100      ( Date: 04-May-2019 23:57) Posted: It doesn&rsquo t matter if they come out with blockbuster results now.  The problem is the uncertainty that their business will continue now that their MLM biz has been exposed. china will not let them go for flouting the rules and likely will close all the operations.  This is serious and the company could fold.
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pool100 Veteran	04-May-2019 23:57        pool100 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It doesn&rsquo t matter if they come out with blockbuster results now.  The problem is the uncertainty that their business will continue now that their MLM biz has been exposed. china will not let them go for flouting the rules and likely will close all the operations.  This is serious and the company could fold.
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moneyspinner Veteran	04-May-2019 23:39        moneyspinner About Contact  Quote this Post!
x 0   x 0  Alert Admin	So, who do you believe, the company management or the short sellers?   😊   I would expect BW to announce a superior set of result, maybe even couple with an one time exceptional dividend for 1Q2019 to thwart the short seller' s claims.
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like2learn Veteran	04-May-2019 22:39        like2learn About Contact  Quote this Post!
x 0   x 0  Alert Admin	To be fair, there r many other horror story counters other than noble & midas. as long as dod, dun invest too much into a single counter, shd be ok.
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Wangderful10 Member	04-May-2019 22:30        Wangderful10 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Retail investors are usually killed by: GREED!!! Wrt Best World, the best strategy is not to long or short it. That means, do not touch it at all! Go read up the horrible stories of Noble and Midas in detail and you will agree with what I said. Many retail investors, regardless of age or experience, are badly hurt by these two rubbish counters and are still licking their wounds!!! Be good, be wise...
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1035834 Senior	04-May-2019 21:53        1035834 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Relist in other places and if this type of criticism continue , not good for their brand name . They may no need to list anymore if really good profit business.   Justice888      ( Date: 04-May-2019 21:43) Posted: Best world advertise themselves as a Singapore public listed company to sell themselves in China. And wat good will they get to delist ? Actually the price of the share got no impact on the directors . They are not selling the shares . Even if the share price drop below $1 . They will still continue the biz and collecting salaries lor. 1035834      ( Date: 04-May-2019 21:15) Posted: To me , I foresee it is very likely will be a privatisation offer, as they drag till result announcement , as offeror normally will release result follow by offer announcement.
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Justice888 Supreme	04-May-2019 21:43        Justice888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Best world advertise themselves as a Singapore public listed company to sell themselves in China. And wat good will they get to delist ? Actually the price of the share got no impact on the directors . They are not selling the shares . Even if the share price drop below $1 . They will still continue the biz and collecting salaries lor. 1035834      ( Date: 04-May-2019 21:15) Posted: To me , I foresee it is very likely will be a privatisation offer, as they drag till result announcement , as offeror normally will release result follow by offer announcement.  dyingcat      ( Date: 04-May-2019 20:26) Posted: We can expect 1Q result will be fantastic. They keep extending TH just because they want the 1Q result to help minimize the impacts.
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like2learn Veteran	04-May-2019 21:16        like2learn About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree.  - NuSkin beats on Q1 Earnings & Revenues, surged roughly 15.4% during the after-market trading session on Apr 30, 2019 buoyed by first-quarter 2019 results. - Maybelline maker L&rsquo Oreal on Tuesday posted higher-than-expected first-quarter sales, powered by growth in the division that makes luxury cosmetics and strong demand in Asian countries like China and India. With PWC report released anytime soon, the best is yet to be.  A gd bonus will be Q1 special dividends/capital reduction ... then huat away to the $galaxy$ far far away ! Episode 6 Return of the Jedi Bestworlders dyingcat      ( Date: 04-May-2019 20:26) Posted: We can expect 1Q result will be fantastic. They keep extending TH just because they want the 1Q result to help minimize the impacts. dyingcat      ( Date: 04-May-2019 19:48) Posted: Best World will release Q1 result on 8 May, and extend trading halt till 9 May, 9am.
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1035834 Senior	04-May-2019 21:15        1035834 About Contact  Quote this Post!
x 0   x 0  Alert Admin	To me , I foresee it is very likely will be a privatisation offer, as they drag till result announcement , as offeror normally will release result follow by offer announcement.  dyingcat      ( Date: 04-May-2019 20:26) Posted: We can expect 1Q result will be fantastic. They keep extending TH just because they want the 1Q result to help minimize the impacts. dyingcat      ( Date: 04-May-2019 19:48) Posted: Best World will release Q1 result on 8 May, and extend trading halt till 9 May, 9am.
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dyingcat Veteran	04-May-2019 20:26        dyingcat About Contact  Quote this Post!
x 0   x 0  Alert Admin	We can expect 1Q result will be fantastic. They keep extending TH just because they want the 1Q result to help minimize the impacts. dyingcat      ( Date: 04-May-2019 19:48) Posted: Best World will release Q1 result on 8 May, and extend trading halt till 9 May, 9am.
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1035834 Senior	04-May-2019 20:20        1035834 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maybe now preparing offer doc ....
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Sin_Cos_Tan Veteran	04-May-2019 20:14        Sin_Cos_Tan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hmm....3+5+3 =11 The Board further wishes to inform shareholders that the SGX-ST has granted the Company a further extension of the trading halt of three days (i.e., the trading halt may be lifted no later than 8.30 a.m. on 9  May 2019 (Thursday)).   JarBinx      ( Date: 04-May-2019 19:56) Posted: Hmm they never mention whether pre or post market hours dyingcat      ( Date: 04-May-2019 19:48) Posted: Best World will release Q1 result on 8 May, and extend trading halt till 9 May, 9am.
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pool100 Veteran	04-May-2019 20:08        pool100 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Even if they report superb results on 8 may, everyone will now believe it is fake. Anw stock market is forward looking. BW&rsquo s main issue is now the Chinese authorities are on high alert about their MLM model. They could be forced to close shop and cease all business in the coming days.  Who will dare buy and hold now???
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cucina Master	04-May-2019 20:06        cucina About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Brokers restricting its shares is very telling ...  destinykraze      ( Date: 04-May-2019 19:46) Posted: It' s not only RHB. Most SG brokers have already restricted BW stock purchase. like2learn      ( Date: 03-May-2019 22:29) Posted: i will be tempted to collect more below $1 but even RHB now also restrict internet trading liao. all need to go thru broker ..... everybody scared of BW. no annoucement still ... keeping shareholders in suspense  ....  the worst is yet to be on Mon.
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