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THE BEST IS YET TO BE
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Sen9999
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30-Apr-2019 21:53
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Anyway, SG also uses the same settings. It is used for seminars and product understanding that anyone can join every Wednesday. Go and see if there is any recruitment.
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Sen9999
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30-Apr-2019 21:49
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I think the reason not many people talk about this valiant report, is that it is did not provide much details on their argument. You see.. they take pictures of the chairs of the seminar room, then they assume is for recruitment. 😂 Seriously?!
Besides, which sales organization doesn't train their sales staff? If there is no training, isn't it more scary? Anyway this pic is also in contrary to the other articles, why are they nobody in the training room? Ain't they kept there to "train" 20days? (Anyway this part I am sure everyone knows now it's not the same company)
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Sin_Cos_Tan
Veteran |
30-Apr-2019 20:58
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Not really.... 两 个 卖 空 集 团 报 告 施 压 最 大4月 2日 , 瑞 士 信 贷 (Credit Suisse)研 究 发 布 报 告 指 出 , 从 百 度 / 微 信 的 搜 索 统 计 显 示 , 中 国 消 费 者 对 晳 之 密 护 肤 产 品 的 兴 趣 不 大 , 一 旦 分 销 商 的 数 目 达 到 饱 和 点 , 而 终 端 用 户 的 需 求 不 足 , 全 美 世 界 的 盈 利 在 2020年 后 将 猛 跌 。 报 告 指 出 , 虽 然 特 许 经 营 计 划 提 高 销 售 额 , 但 货 品 滞 销 库 存 是 一 个 隐 忧 。 不 过 , 对 全 美 压 力 最 大 的 还 是 来 自 两 个 卖 空 集 团 的 报 告 。 上 个 星 期 三 , 美 国 卖 空 公 司 博 力 达 思 研 究 (BR)直 指 全 美 世 界 是 个 骗 局 , 虚 增 了 2017年 的 销 售 额 以 及 净 利 。 此 外 , 它 声 称 , 在 《 商 业 时 报 》 刊 登 文 章 后 , 皙 之 密 的 线 上 卖 家 开 始 虚 增 产 品 的 交 易 量 和 评 论 , 以 展 示 虚 假 的 线 上 活 跃 度 。 另 一 方 面 , 这 家 卖 空 机 构 指 出 , 它 实 地 走 访 12个 全 美 世 界 生 活 馆 , 发 现 有 八 个 不 出 售 产 品 给 非 会 员 。 它 指 全 美 在 没 有 获 得 直 销 准 证 之 前 , 以 直 销 的 方 式 销 售 护 肤 产 品 。 与 此 同 时 , 另 一 个 卖 空 组 织 Valiant Varrios也 在 网 站 上 发 布 报 告 , 指 全 美 的 实 体 店 是 传 销 业 务 的 门 面 , 它 实 际 上 是 用 来 招 募 以 及 训 练 新 销 售 员 的 训 练 中 心 。 一 旦 中 国 当 局 介 入 调 查 , 集 团 一 半 的 营 业 额 可 能 化 为 乌 有 。 全 美 世 界 目 前 处 于 围 城 状 态 。 根 据 彭 博 社 的 报 道 , 全 美 世 界 是 卖 空 最 多 的 新 加 坡 股 票 。 多 家 股 票 行 也 对 这 只 股 实 施 交 易 限 制 。 此 外 , 新 加 坡 交 易 所 监 管 公 司 要 求 全 美 世 界 进 行 全 面 独 立 的 检 讨 审 查 , 让 股 东 对 美 国 卖 空 机 构 提 出 的 所 有 指 控 , 有 更 全 面 的 了 解 。 卖 空 机 构 的 指 责 , 也 可 能 引 发 中 国 当 局 的 调 查 。 全 美 世 界 已 暂 停 交 易 , 但 最 迟 需 在 下 个 星 期 一 恢 复 交 易 。 在 卖 空 及 股 票 行 限 制 交 易 的 压 力 下 , 这 只 股 的 股 价 可 能 继 续 走 软 。 对 于 全 美 世 界 而 言 , 卖 空 集 团 是 不 速 之 客 。 不 过 , 如 果 卖 空 集 团 的 袭 击 能 使 市 场 更 了 解 全 美 世 界 的 商 业 模 式 以 及 它 的 账 目 , 那 是 好 事 一 桩 。  
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Sen9999
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30-Apr-2019 20:56
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But these people are in US. Able to prosecute?
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newpattern
Senior |
30-Apr-2019 20:29
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Only those who deliberately fabricate news and spread falsehoods are liable to face criminal charges under the proposed law against fake news, Law and Home Affairs Minister K. Shanmugam told The Straits Times yesterday (Apr 9). | ||||
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like2learn
Veteran |
30-Apr-2019 19:41
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No lah, GSS still few weeks away, no 50% discount yet. ![]() If fall so much in a day will get halted again ... then cycle repeats ... halt ... fall ... halt ... fall ... dun think the mgmt will sit there and do nothing - doesn' t do them any good ... so .... am anticipating some positive announcements b4 mon.... watch the sgx co announcements closely. ![]()
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beng1102
Elite |
30-Apr-2019 18:22
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Wrong!  It is mandatory to announce in SGX for any CAD action.
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Sen9999
Member |
30-Apr-2019 18:21
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Haha Leehong, you have changed from "are investigating" to shall-be soon, that's a step back. Do u have insider from CAD? If so, maybe can check if BR statement is proven false, what are the implication for them?
Besides, you should have inform those no sign boards investors first mah
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Leehonghng
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30-Apr-2019 18:10
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Looking at all the bad news recently and other reports, their share price on 6/5/2019 should be around 70 to 90 cents. Moreover, the directors shall be called-in for CAD's interviews soon. One key point is : They will resume for trading next Monday or not? The answer is not likely. | ||||
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beng1102
Elite |
30-Apr-2019 16:58
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It is important for BW and its' directors to come in and support the share price when trading resume.  Otherwise lack of action could imply that they guilty as charge.
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stockpicker
Master |
30-Apr-2019 16:14
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I won' t follow them 100% as there no one is 100% confident about how to spot frauds.      When these people are successful,  people will follow them.. what they' ve said become " bibles" .    Those successful cases put by the short sellers are actually  those cases that they have insider informations   either they pay for the information or someone prepare to take the company down.  I don' t believe one can just find fraud  informations from the cooked books or from the vine yards or by just a few plant visits to some part of factories some where in the middle of nowhere and call the company a fraud.  Remember, these people who wanted to commit a fraud are usually smart Alex who will not let you or me find their fraud play from their cooked books.  They would quickly cover up before you could notice them and they would only make fun of you when you find the useless informations and evidences.  So believe in your self.    Do your own study and observations and conclude your own result from your own findings.. never listen to these people,  they are just slightly better than you and me as they might have a little bit more resources than you and me.    Believe the sounds when they have insiders information..
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Sen9999
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30-Apr-2019 15:50
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Quoted from Muddy Waters
Some clear warning signs Block watches for? "Too many mergers and acquisitions at one company are definitely a red flag," said Block. "Companies trying to raise cash when they appear to have a lot on their balance sheet is also an issue." Block has also found it useful to scrutinize members who sit on the board of directors at Chinese companies, as well as those who are major investors -- a tactic Block used to formulate his short position on Focus Media. Finally, Block says he also watches to see how companies respond to criticism -- whether it be accusations of fraud or otherwise. "If a company responds to a short seller's claims by brushing them off and saying that it will continue to run its business and in turn, void any investor concerns, it generally turns out that the short seller is wrong," said Block. "But when a company starts buying back shares, that's not necessarily a positive." Yes, raising funds when you have so much cash is suspicious.(not happening in this case). Also company response is very important. Much so when proving short sellers report wrong. So let's what for the clarification. Sino forest also had huge liabilities (which in this case, it is not).
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sbscap
Master |
30-Apr-2019 15:38
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@zillion, TA and FA may not be as relevant in BW' s case. I believe there are three very distinct groups of people when it comes to BW - one group thinks BW is a fraud, scam or has a very questionable biz model and will stay out, short and sell - doesn' t matter what the outcome of the investigation. The second group comprises the supporters or bulls. This group will be buying if the outcome of the investigation is not negative but if it is negative but not overly so, then they may justify reasons for accumulation. The third group will be people who just stay out because of the noise and uncertainty - the simply don' t care group. On balance, the tide is tilt to negative. The first and third group will not use FA or TA to buy. That leaves only the second group. BW will then, if there is no fraud or scam, languishes until it ultimately proves the bears wrong ... over a long period of time. | ||||
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zillion
Master |
30-Apr-2019 15:21
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By looking at the chart it hit a high of 3.33 on 13th Feb then it kept sliding until 1.62 on 25th April. This slide is a 51%! Chart tells you when to buy/sell. Fundamentals tell you what to buy. Chart tells us that smart money has been reducing their positions run road already. Upon listing if it continues to down trend certainly more smart money wants to jump out. Please go read Muddy Water' s on how to spot a fraud esp the one on sino forest. | ||||
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Rashi08
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30-Apr-2019 12:29
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So far didn&rsquo t hear any news on BW being censored by Chinese Authorities. BR in its short report, asking Singapore and China authorities to act on BW. This shows they are not confident enough to stand on their feet.
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Sen9999
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30-Apr-2019 11:26
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Yes I agree. Victim's family will associate the brand altogether. But it's also similar to other brands, like Chanel SKII. If you have been using for 2-3years and not getting the result you are promised, then the person will also go around telling everyone how much money she has wasted.
So for any product, there will be positivity and negativity. It's how the long term effect(on facial condition in this case) help win more customers over.
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beng1102
Elite |
30-Apr-2019 11:21
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Is there any official word from authority of China that BW committed serious offences?  Sometime it is not about who is right or wrong but who has the ultimate say.  Just for Singapore " who is the first elected president?"   Many say is  Ong Teng Cheong but some say is  Wee Kim Wee, officially it is  Wee Kim Wee.  lol.
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Sen9999
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30-Apr-2019 11:03
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Yes, I believe truth is going to hurt shortist.
It is important to know the culture and the principles of the company. When we think of DS, you think of pple pulling you in, say a whole lot to ask you to buy(mainly by saying how much money you will earn), then when you say you consider, they will ask what's holding you back? What are your concerns. Then suddenly you are surrounded by "uplines" pressuring you. That's why I say, make a trip to the company's seminar, see the difference. Even in DS selling model in SG, they purely focus on selling the product and not the model. The model only comes when you are convinced about the product and decided to make it an extra income earning and ask them about the model .(usually after using months) . Anyway I am not saying that you can't profit from shorting this company, I am saying that in the long term wise long-ing the stock makes better sense, especially when the fog starts to clear. Because the fundamentals are there It is also good reminder for the company to keep it's ethics and control in China, so much so that after so many comments and bad reports over the last few years(fake companies etc) the company still has a foothold in the legal front. If last 3 years is the time frame, I have to say 真 金 不 怕 火 炼 , truth has prevailed and will continue to prevail ahead of uncertain times
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stockpicker
Master |
30-Apr-2019 10:43
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It is 100% con job.. but people who got conned will only blame BWL because the products has BWL' s brand.  Bet the victim' s  family and its neighbours will never BWl products again.. unless the culprit doing the con job is caught and clarified that he is doing a con job but would he? 
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Sen9999
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30-Apr-2019 10:23
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Haha, you are ignoring the fact it's a DIFFERENT company set out to cheat. And ignoring the fact that their police are also intelligent individuals that will in their investigation link them together, but end of the day deduce it's a different company using BWL already established brand(evidence is the scam company is not registered, no retail)
You realised how low cost they are, when you see their booklet is monotoned. Not the usual colourful BWL handouts
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