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michaeltan Master	26-Apr-2019 16:15        michaeltan About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	This going to be big fight I guess! i believe BW will be well prepared before lifting for trading. Let' s see that day come - time will reveal everything! trademaster      ( Date: 26-Apr-2019 15:32) Posted: I stick to my plan, once resume trading, will get ready to buy and ride up the short covering. No point speculating so much now, unless u doing the auditing and has facts to share. trademaster      ( Date: 26-Apr-2019 13:57) Posted: I seldom short, luckily i cut long, and covered short just before halt. SGX call for full review is good, if they are clean, means it will be the safest stock to buy to invest ...will be looking to buy then.
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bwavep Senior	26-Apr-2019 16:06        bwavep About Contact  Quote this Post!
x 0   x 0  Alert Admin	indeed, bayduck  bayduck      ( Date: 26-Apr-2019 12:14) Posted: Yes, everyone is in for personal gains, only that some are more honorable than others. It' s fine to share information, the problem is most forumers exhibit gross confirmation bias, only sharing information that furthers their own views. This applies to both the bulls and bears in BW. The bulls disparage Bonitas, selectively citing its lack of success in Hengan, without acknowledging Bonitas' s successful shorts in Hosa and Chong Sing (down more than 80% each). The bears refuse to entertain the notion that while a MLM could be morally dubious, it could still be a legitimate cash generative business (look at Ackman' s defeat in shorting Herbalife). A good investor understands that behind every trade, there' s a buyer and seller, and both thinks that he/she is making the right decision in buying/selling. No investment thesis is 100% right or 100% wrong, it' s all about assessing the odds by taking into account both bullish and bearish views. That should also be the spirit of sharing information - sharing views that are balanced and constructive, not one-sided and extreme.   Sen9999      ( Date: 26-Apr-2019 10:55) Posted: Yes I agree, all are in for personal gains. So I suppose what we are all doing is trying to share as much as what we know, then everyone will decide to gain from short or gain from long.
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bwavep Senior	26-Apr-2019 16:04        bwavep About Contact  Quote this Post!
x 0   x 0  Alert Admin	yes sen, it is relatively more subdued compared to some of their previous HK ones Sen9999      ( Date: 26-Apr-2019 13:03) Posted: Yes. Does anyone also feel that BR report on BWL is much more subdued, compared to Hengan , Hosa, Chong Sing and the most recent Hexindai? They mentioned those stocks are useless, look at the share prices of Hengan and Hexindai now(both the lastest before BWL). I believe they will probably exit once the halt is lifted as they have already made a handsome profit with the damage done. bayduck      ( Date: 26-Apr-2019 12:14) Posted: Yes, everyone is in for personal gains, only that some are more honorable than others. It' s fine to share information, the problem is most forumers exhibit gross confirmation bias, only sharing information that furthers their own views. This applies to both the bulls and bears in BW. The bulls disparage Bonitas, selectively citing its lack of success in Hengan, without acknowledging Bonitas' s successful shorts in Hosa and Chong Sing (down more than 80% each). The bears refuse to entertain the notion that while a MLM could be morally dubious, it could still be a legitimate cash generative business (look at Ackman' s defeat in shorting Herbalife). A good investor understands that behind every trade, there' s a buyer and seller, and both thinks that he/she is making the right decision in buying/selling. No investment thesis is 100% right or 100% wrong, it' s all about assessing the odds by taking into account both bullish and bearish views. That should also be the spirit of sharing information - sharing views that are balanced and constructive, not one-sided and extreme.
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1035834 Senior	26-Apr-2019 15:43        1035834 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dont be so nervous, i never said you big cannon , just feel he got the points . hahaha .................... softdrink      ( Date: 26-Apr-2019 15:34) Posted: Lol! Please don&rsquo t make yourself sound like an amateur!  I need not account to you on when I short and qty which I had short!  This is simple math! If this stock can hit $3.33, why can&rsquo t my average short be at $2.30? If you think that I had bloated the figures, so be it. At the end of the day, we know who is the happy man! 1035834      ( Date: 26-Apr-2019 15:19) Posted: you got the point !
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softdrink Member	26-Apr-2019 15:34        softdrink About Contact  Quote this Post!
x 0   x 0  Alert Admin	Lol! Please don&rsquo t make yourself sound like an amateur!  I need not account to you on when I short and qty which I had short!  This is simple math! If this stock can hit $3.33, why can&rsquo t my average short be at $2.30? If you think that I had bloated the figures, so be it. At the end of the day, we know who is the happy man! 1035834      ( Date: 26-Apr-2019 15:19) Posted: you got the point !! Sin_Cos_Tan      ( Date: 26-Apr-2019 14:52) Posted: There are lot of Big Cannon Fairies. ....Lol
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trademaster Supreme	26-Apr-2019 15:32        trademaster About Contact  Quote this Post!
x 0   x 0  Alert Admin	I stick to my plan, once resume trading, will get ready to buy and ride up the short covering. No point speculating so much now, unless u doing the auditing and has facts to share. trademaster      ( Date: 26-Apr-2019 13:57) Posted: I seldom short, luckily i cut long, and covered short just before halt. SGX call for full review is good, if they are clean, means it will be the safest stock to buy to invest ...will be looking to buy then.  trademaster      ( Date: 24-Apr-2019 10:57) Posted: Time for short covering
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1035834 Senior	26-Apr-2019 15:19        1035834 About Contact  Quote this Post!
x 0   x 0  Alert Admin	you got the point !! Sin_Cos_Tan      ( Date: 26-Apr-2019 14:52) Posted: There are lot of Big Cannon Fairies. ....Lol
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1035834 Senior	26-Apr-2019 15:18        1035834 About Contact  Quote this Post!
x 0   x 0  Alert Admin	but last year oct average price for this counter is only SGD 1.50 , i dont know how he can average it to 2.30, really shifu. ..the truth is clearer now  beng1102      ( Date: 26-Apr-2019 15:14) Posted: Short using  SBL could be expensive.  I think interest is about 6%. 1035834      ( Date: 26-Apr-2019 15:01) Posted: Maybe he is from bonista ...
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beng1102 Elite	26-Apr-2019 15:14        beng1102 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Short using  SBL could be expensive.  I think interest is about 6%. 1035834      ( Date: 26-Apr-2019 15:01) Posted: Maybe he is from bonista .... JarBinx      ( Date: 26-Apr-2019 14:51) Posted: Wasn' t following BWL last year, but why open your short in October
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1035834 Senior	26-Apr-2019 15:01        1035834 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maybe he is from bonista .... JarBinx      ( Date: 26-Apr-2019 14:51) Posted: Wasn' t following BWL last year, but why open your short in October? softdrink      ( Date: 26-Apr-2019 14:17) Posted: I started to short this at OCT last year using CFD. This year using SBL. Average price would be $2.30 each
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Sin_Cos_Tan Veteran	26-Apr-2019 14:52        Sin_Cos_Tan About Contact  Quote this Post!
x 0   x 0  Alert Admin	There are lot of Big Cannon Fairies. ....Lol
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JarBinx Member	26-Apr-2019 14:51        JarBinx About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wasn' t following BWL last year, but why open your short in October? softdrink      ( Date: 26-Apr-2019 14:17) Posted: I started to short this at OCT last year using CFD. This year using SBL. Average price would be $2.30 each. trademaster      ( Date: 26-Apr-2019 14:14) Posted: U shorted using cfd? cfd allowed though it is restricted counter to trade via broker
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Sen9999 Member	26-Apr-2019 14:48        Sen9999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, where's the logic? 😂 SGX need to be more condusive for companies to list here 1035834      ( Date: 26-Apr-2019 14:37) Posted: who hold the chip who can make the decision , how you know their position , or you have spy there also ..hahaha...u see why SGX companies all quit to list here, as when anything happen, ppls will assume it sure die  softdrink      ( Date: 26-Apr-2019 14:34) Posted: Yes, but as mentioned, would they buy shares at this price or wait for a lower price? let me remind you, this is a cornered stock. They have lots of positions at their hands now. Topping of margins would be a good problem for them now
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Starship Supreme	26-Apr-2019 14:43        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	Broker' s take: RHB suspends coverage on Best World FRI, APR 26, 2019 - 11:43 AM RHB Research Institute has suspended coverage on Best World International until findings from an independent review ordered by the Singapore Exchange (SGX) on  the skincare maker and distributor' s business in China are made public. On Wednesday,  the regulatory arm of the  bourse operator ordered a review  after short-seller Bonitas Research questioned the accounting behind Best World' s profits and its sales practices in a 28-page report. The short-seller said it doubted that Best World' s main customer in China in 2017 was an independent party, though Bonitas was unable to establish a formal link between the customer and Best World management. Bonitas isn' t the only short-seller with sights set on Best World, which Bloomberg data showed was the most shorted stock on the Singapore exchange. An anonymous group that calls itself Valiant Varriors published the first instalment of a supposedly two-part report on Wednesday, echoing concerns about Best World' s selling practices in China. Best World shares fell as much as 11 per cent on Wednesday and when the company halted trading of its shares at 11.25am, the counter was  down nine per cent at S$1.62 on volume of 8.7 million shares. Of those, some 2 million shares were sold short. The research house said: " We prefer to stay cautious and suspend coverage on the stock, until further details from the third-party independent review report are made public." https://www.businesstimes.com.sg/companies-markets/brokers-take-rhb-suspends-coverage-on-best-world
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softdrink Member	26-Apr-2019 14:39        softdrink About Contact  Quote this Post!
x 0   x 0  Alert Admin	Guys, don&rsquo t get me wrong. I am not saying that the stock is going to die for sure. i might be wrong but looking at things ahead, it is not looking too rosy for those who had long their position. Always be prepared for the worst. With that, I shall rest my case.
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1035834 Senior	26-Apr-2019 14:37        1035834 About Contact  Quote this Post!
x 0   x 0  Alert Admin	who hold the chip who can make the decision , how you know their position , or you have spy there also ..hahaha...u see why SGX companies all quit to list here, as when anything happen, ppls will assume it sure die  softdrink      ( Date: 26-Apr-2019 14:34) Posted: Yes, but as mentioned, would they buy shares at this price or wait for a lower price? let me remind you, this is a cornered stock. They have lots of positions at their hands now. Topping of margins would be a good problem for them now. 1035834      ( Date: 26-Apr-2019 14:26) Posted: the lady bosses use their own pocket money la, their pocket very deep since they have got earn so much money from this counter , they should learn how they tackle those shortist in hong kong market, buy the share till shortist run . As shortist also got margin call , if rise too fast.
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softdrink Member	26-Apr-2019 14:34        softdrink About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, but as mentioned, would they buy shares at this price or wait for a lower price? let me remind you, this is a cornered stock. They have lots of positions at their hands now. Topping of margins would be a good problem for them now. 1035834      ( Date: 26-Apr-2019 14:26) Posted: the lady bosses use their own pocket money la, their pocket very deep since they have got earn so much money from this counter , they should learn how they tackle those shortist in hong kong market, buy the share till shortist run . As shortist also got margin call , if rise too fast.  softdrink      ( Date: 26-Apr-2019 14:22) Posted: Even if the audit is true and the money is real, would they buy back at this price or a much lower price? You can try pray hard
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softdrink Member	26-Apr-2019 14:30        softdrink About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not going to cover for now. The pain which I had gone through, the margin calls which I had to top up especially when it rose to $3.30 etc. This is a rare opportunity. Just wait for the bloody show to start. I might be wrong but I am willing to take the risk. After all, I am very comfortable with my position. michaeltan      ( Date: 26-Apr-2019 14:24) Posted: I think you are really hero! You can easily cover at $1.80 and gain about 250K still not enough? softdrink      ( Date: 26-Apr-2019 14:17) Posted: I started to short this at OCT last year using CFD. This year using SBL. Average price would be $2.30 each
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1035834 Senior	26-Apr-2019 14:26        1035834 About Contact  Quote this Post!
x 0   x 0  Alert Admin	the lady bosses use their own pocket money la, their pocket very deep since they have got earn so much money from this counter , they should learn how they tackle those shortist in hong kong market, buy the share till shortist run . As shortist also got margin call , if rise too fast.  softdrink      ( Date: 26-Apr-2019 14:22) Posted: Even if the audit is true and the money is real, would they buy back at this price or a much lower price? You can try pray hard. 1035834      ( Date: 26-Apr-2019 14:15) Posted: This company cash in hand is around S$150-200 mil and can do alot of things , how many company can have this type of cash position so the company has lot of bullet to play around , the suspension doen not mean dealth sentence. If two ladies boss willing to take SGD 10 mil (since they took SGD85 mil past few years) to go in market and buy the share , easily shot up to SGD 2.50
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michaeltan Master	26-Apr-2019 14:24        michaeltan About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	I think you are really hero! You can easily cover at $1.80 and gain about 250K still not enough? softdrink      ( Date: 26-Apr-2019 14:17) Posted: I started to short this at OCT last year using CFD. This year using SBL. Average price would be $2.30 each. trademaster      ( Date: 26-Apr-2019 14:14) Posted: U shorted using cfd? cfd allowed though it is restricted counter to trade via broker
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