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alvin.lim.77 Member	24-Apr-2019 23:05        alvin.lim.77 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Then SGX must do something about this robert.tan.2171      ( Date: 24-Apr-2019 23:04) Posted: Maybe they are shorting too. alvin.lim.77      ( Date: 24-Apr-2019 23:02) Posted: Maybe both the BT journalists, Marissa Lee and Lynette Tan, took money to write such an article without thoroughly checking the facts. lo
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robert.tan.2171 Member	24-Apr-2019 23:04        robert.tan.2171 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maybe they are shorting too. alvin.lim.77      ( Date: 24-Apr-2019 23:02) Posted: Maybe both the BT journalists, Marissa Lee and Lynette Tan, took money to write such an article without thoroughly checking the facts. lol michaeltan      ( Date: 24-Apr-2019 21:33) Posted: If someone don' t understand your sales model. When you walk in to request this and that. The employees at those outlets centes did not seem used to dealing with walk in  customers, doesn' t means anything if they are more care servise to it members. Somemore they may not good communicate in english to understand Ang Mo asking so many questions. LOL
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alvin.lim.77 Member	24-Apr-2019 23:02        alvin.lim.77 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maybe both the BT journalists, Marissa Lee and Lynette Tan, took money to write such an article without thoroughly checking the facts. lol michaeltan      ( Date: 24-Apr-2019 21:33) Posted: If someone don' t understand your sales model. When you walk in to request this and that. The employees at those outlets centes did not seem used to dealing with walk in  customers, doesn' t means anything if they are more care servise to it members. Somemore they may not good communicate in english to understand Ang Mo asking so many questions. LOL! robert.tan.2171      ( Date: 24-Apr-2019 21:13) Posted: isn&rsquo t this considered fake news. why do the BT journalists help propagate fake news then? Someone needs to take action.
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softdrink Member	24-Apr-2019 22:25        softdrink About Contact  Quote this Post!
x 0   x 0  Alert Admin	Warrenbuffet2018, no point talking here. Let the price speak for itself. Some people want to keep dreaming. They wish to hang on till totally give up let them be. As posted previously, this is the killer news. www.bloomberg.com/news/articles/2019-04-24/short-seller-bonitas-targets-singapore-s-best-world-shares-drop If the news is true ( which I find creditable from Bloomberg) there is a high chance it will go into suspension if SGX calls for a full review. A lot of margin calls! No point debating. We ourselves know who is in a better position now! NO FEAR!   beng1102      ( Date: 24-Apr-2019 22:08) Posted: Rublish!  If they want to cheat the easiest and most effective way to get a lot of money very quickly is to issue bond and borrowed a lot of money to bankrupt the company.  What  we see is the company is paying a lot of money to in Dividend and pay money as income TAX. warrenbuffet2018      ( Date: 24-Apr-2019 21:58) Posted: so sad people cannot see thing clearly, Bonita did not say BWI is not making money, they said BWI inflated the earning. Why inflated earning is dangerous? BWI share go so high is because investors expect it 50% annual growth, e.g. BWI earn $0.10 in 2017 BWI earn $0.15 in 2018 people will think BWI earn $0.225 in 2019 and $0.3375 in 2020 and $2.56 in 2025. So the reasonable share price should be $10 or more.This is why the stock keep going up. Now if the esarning is inflated, then the real earning become BWI earn $0.02 in 2017 BWI earn $0.022 in 2018 BWI earn $0.024 in 2019 ...$0.032 in 2025, so what much you think the share price worth? $0.30 or $0.50? The report also said that the founders took $85 millions salary+dividen. This mean the company now left with empty cash. LAST, seems like their bussiness are illegal, once China take action, they will face penality + China high flying revenue all gone. End up, BWI no more earning money(worst may be losing money)+facing heavy fine from CHINA+ no much left during good time due to give away founder and dividen+discard by investors I believe BWI will go bust when China operation is GONE
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JarBinx Member	24-Apr-2019 22:18        JarBinx About Contact  Quote this Post!
x 0   x 0  Alert Admin	Anyone met the management before at AGM etc? Views?
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bayduck Member	24-Apr-2019 22:17        bayduck About Contact  Quote this Post!
x 0   x 0  Alert Admin	No point arguing, most of the posts here are rather one sided. At the end, the market is the ultimate judge. Just see the share price a year from now to see which side is right.
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beng1102 Elite	24-Apr-2019 22:08        beng1102 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rublish!  If they want to cheat the easiest and most effective way to get a lot of money very quickly is to issue bond and borrowed a lot of money to bankrupt the company.  What  we see is the company is paying a lot of money to in Dividend and pay money as income TAX. warrenbuffet2018      ( Date: 24-Apr-2019 21:58) Posted: so sad people cannot see thing clearly, Bonita did not say BWI is not making money, they said BWI inflated the earning. Why inflated earning is dangerous? BWI share go so high is because investors expect it 50% annual growth, e.g. BWI earn $0.10 in 2017 BWI earn $0.15 in 2018 people will think BWI earn $0.225 in 2019 and $0.3375 in 2020 and $2.56 in 2025. So the reasonable share price should be $10 or more.This is why the stock keep going up. Now if the esarning is inflated, then the real earning become BWI earn $0.02 in 2017 BWI earn $0.022 in 2018 BWI earn $0.024 in 2019 ...$0.032 in 2025, so what much you think the share price worth? $0.30 or $0.50? The report also said that the founders took $85 millions salary+dividen. This mean the company now left with empty cash. LAST, seems like their bussiness are illegal, once China take action, they will face penality + China high flying revenue all gone. End up, BWI no more earning money(worst may be losing money)+facing heavy fine from CHINA+ no much left during good time due to give away founder and dividen+discard by investors I believe BWI will go bust when China operation is GONE. Sgvale      ( Date: 24-Apr-2019 21:37) Posted: Hyflux got money ? Their directors also receiving a lot right. Not when things go astray , then horse back cannons blame this n that.
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SgYuan Supreme	24-Apr-2019 22:06        SgYuan About Contact  Quote this Post!
x 0   x 1  Alert Admin	very bad. check my last post. That why it is halt at 162 Tgt 138 to 147 if i remember correctly Battle123      ( Date: 24-Apr-2019 22:03) Posted: What is the wave like
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michaeltan Master	24-Apr-2019 22:06        michaeltan About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	If the earning is not real. where is the money come from? borrow or bond sales? to pay so much dividend and  remuneration? warrenbuffet2018      ( Date: 24-Apr-2019 21:58) Posted: so sad people cannot see thing clearly, Bonita did not say BWI is not making money, they said BWI inflated the earning. Why inflated earning is dangerous? BWI share go so high is because investors expect it 50% annual growth, e.g. BWI earn $0.10 in 2017 BWI earn $0.15 in 2018 people will think BWI earn $0.225 in 2019 and $0.3375 in 2020 and $2.56 in 2025. So the reasonable share price should be $10 or more.This is why the stock keep going up. Now if the esarning is inflated, then the real earning become BWI earn $0.02 in 2017 BWI earn $0.022 in 2018 BWI earn $0.024 in 2019 ...$0.032 in 2025, so what much you think the share price worth? $0.30 or $0.50? The report also said that the founders took $85 millions salary+dividen. This mean the company now left with empty cash. LAST, seems like their bussiness are illegal, once China take action, they will face penality + China high flying revenue all gone. End up, BWI no more earning money(worst may be losing money)+facing heavy fine from CHINA+ no much left during good time due to give away founder and dividen+discard by investors I believe BWI will go bust when China operation is GONE. Sgvale      ( Date: 24-Apr-2019 21:37) Posted: Hyflux got money ? Their directors also receiving a lot right. Not when things go astray , then horse back cannons blame this n that.
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Justice888 Supreme	24-Apr-2019 22:04        Justice888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	U search baidu? warrenbuffet2018      ( Date: 24-Apr-2019 21:23) Posted: When the first report from ST come out, i google China Website and after carefully go through BWI reply, i draw conclusion that BWI mangement is not trustworthy. Thumb of rule, if mangement cannot be trusted, you have to  RUN like Forrest Gump if you are still holding their shares. But in this world, who willing to take short term pain, so i believe majority will still join the Hyflux, Noble. I just hope they dont ask Government to save them. No one can save someone who dont want to save themselves. When ST report release, the price was trading $2+, i still can recall many people here are blaming ST for sabotage. However, i was thankful to ST at that time as i look into facts but not personal gain. This time i expect it to open below $1 when trading resume. So ST is helping retailers to exit above $2. If you think $1 is dirt cheap, i will let you know the answer in 3-6 months time. Note: The hole is open up by ST, follow by Bonitas and Valiant Varriors. The later open the hole so big that it is beyond cover up. Trust me, this counter is gone, i dont know how low it can go. May be join Hyflux, Noble. Dont be fooled, open your eyes and google China website, you will know the reports are built on FACTS.
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Battle123 Elite	24-Apr-2019 22:03        Battle123 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	What is the wave like
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warrenbuffet2018 Member	24-Apr-2019 21:58        warrenbuffet2018 About Contact  Quote this Post!
x 0   x 0  Alert Admin	so sad people cannot see thing clearly, Bonita did not say BWI is not making money, they said BWI inflated the earning. Why inflated earning is dangerous? BWI share go so high is because investors expect it 50% annual growth, e.g. BWI earn $0.10 in 2017 BWI earn $0.15 in 2018 people will think BWI earn $0.225 in 2019 and $0.3375 in 2020 and $2.56 in 2025. So the reasonable share price should be $10 or more.This is why the stock keep going up. Now if the esarning is inflated, then the real earning become BWI earn $0.02 in 2017 BWI earn $0.022 in 2018 BWI earn $0.024 in 2019 ...$0.032 in 2025, so what much you think the share price worth? $0.30 or $0.50? The report also said that the founders took $85 millions salary+dividen. This mean the company now left with empty cash. LAST, seems like their bussiness are illegal, once China take action, they will face penality + China high flying revenue all gone. End up, BWI no more earning money(worst may be losing money)+facing heavy fine from CHINA+ no much left during good time due to give away founder and dividen+discard by investors I believe BWI will go bust when China operation is GONE. Sgvale      ( Date: 24-Apr-2019 21:37) Posted: Hyflux got money ? Their directors also receiving a lot right. Not when things go astray , then horse back cannons blame this n that. alvin.lim.77      ( Date: 24-Apr-2019 21:04) Posted:   read through the article and i, in fact must say that BW should actually thank Bonitas.  They claim fake sales etc, but then they say &ldquo Best World&rsquo s founders (the &ldquo Dora&rsquo s&rdquo ) exponentially accelerated their combined annual take home pay by 20x in five years, earning less than S$ 2 million in 2013 to receiving S$ 40+ million in cash in 2018!&rdquo . If really no money, how can the founders increase by 20X.  Bonitas also claimed that there was not much selling going on, in fact none. BW do not do channel stuffing, that' s why ppl can' t buy the products on the spot at the lifestyle centres. They need to place order, make payment then come back and collect at a later date. Upon collecting payment, the centre will aggregate the orders, place order with BW, then BW will send the products to the centre.
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InvestSG Member	24-Apr-2019 21:43        InvestSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just got paid mah... michaeltan      ( Date: 24-Apr-2019 20:30) Posted: Since January 2019 we have communicated with 24 separate Best World China member representatives (&ldquo Member Rep(s)&rdquo ) and have conducted field visits to 12 BWL Lifestyle Centers (~36% of Best World&rsquo s listed franchisee locations) to better understand Best World&rsquo s sales model. Why now then surface? softdrink      ( Date: 24-Apr-2019 20:09) Posted: Please read the full report and you will see those photos
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Sgvale Supreme	24-Apr-2019 21:42        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	At that price & little assets.Better off buy Genting, China Aviation, YZJ, Ho Bee etc where i still see valuable assets.
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michaeltan Master	24-Apr-2019 21:42        michaeltan About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	China goverment is not that naive. They know Ang Mo is trying to stir shit of doing business of chinese counterpart.  I wonder if China funds will slapback him with 20% increase like Hengan. warrenbuffet2018      ( Date: 24-Apr-2019 21:35) Posted: just dont forget this very important point BWI made headlines so this will caught China authority attention. May be China authority now are having meeting. Dont be  suprise BIG NEWS from China.  Once BIG NEWS from CHINA is out, this stock will be suspended and damage is so deep that you will never forget even you return IC.
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Goldfinger Supreme	24-Apr-2019 21:38        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	Too many question marks and uncertainties. They do not own any real estate or land or office towers. If they lose their licence, they cannot even sell their goods. Goner I think.
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Sgvale Supreme	24-Apr-2019 21:37        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hyflux got money ? Their directors also receiving a lot right. Not when things go astray , then horse back cannons blame this n that. alvin.lim.77      ( Date: 24-Apr-2019 21:04) Posted:   read through the article and i, in fact must say that BW should actually thank Bonitas.  They claim fake sales etc, but then they say &ldquo Best World&rsquo s founders (the &ldquo Dora&rsquo s&rdquo ) exponentially accelerated their combined annual take home pay by 20x in five years, earning less than S$ 2 million in 2013 to receiving S$ 40+ million in cash in 2018!&rdquo . If really no money, how can the founders increase by 20X.  Bonitas also claimed that there was not much selling going on, in fact none. BW do not do channel stuffing, that' s why ppl can' t buy the products on the spot at the lifestyle centres. They need to place order, make payment then come back and collect at a later date. Upon collecting payment, the centre will aggregate the orders, place order with BW, then BW will send the products to the centre.  sanchezbarry77      ( Date: 24-Apr-2019 20:50) Posted: BT article also claimed that Bonitas said the employees at those centres did not seem used to dealing with walk-in customers. How was this measured? Nowadays BT&rsquo s article justification very ambiguous
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warrenbuffet2018 Member	24-Apr-2019 21:35        warrenbuffet2018 About Contact  Quote this Post!
x 0   x 0  Alert Admin	just dont forget this very important point BWI made headlines so this will caught China authority attention. May be China authority now are having meeting. Dont be  suprise BIG NEWS from China.  Once BIG NEWS from CHINA is out, this stock will be suspended and damage is so deep that you will never forget even you return IC.
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michaeltan Master	24-Apr-2019 21:33        michaeltan About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	If someone don' t understand your sales model. When you walk in to request this and that. The employees at those outlets centes did not seem used to dealing with walk in  customers, doesn' t means anything if they are more care servise to it members. Somemore they may not good communicate in english to understand Ang Mo asking so many questions. LOL! robert.tan.2171      ( Date: 24-Apr-2019 21:13) Posted: isn&rsquo t this considered fake news. why do the BT journalists help propagate fake news then? Someone needs to take action. alvin.lim.77      ( Date: 24-Apr-2019 21:04) Posted:   read through the article and i, in fact must say that BW should actually thank Bonitas.  They claim fake sales etc, but then they say &ldquo Best World&rsquo s founders (the &ldquo Dora&rsquo s&rdquo ) exponentially accelerated their combined annual take home pay by 20x in five years, earning less than S$ 2 million in 2013 to receiving S$ 40+ million in cash in 2018!&rdquo . If really no money, how can the founders increase by 20X.  Bonitas also claimed that there was not much selling going on, in fact none. BW do not do channel stuffing, that' s why ppl can' t buy the products on the spot at the lifestyle centres. They need to place order, make payment then come back and collect at a later date. Upon collecting payment, the centre will aggregate the orders, place order with BW, then BW will send the products to the centre.
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warrenbuffet2018 Member	24-Apr-2019 21:23        warrenbuffet2018 About Contact  Quote this Post!
x 0   x 0  Alert Admin	When the first report from ST come out, i google China Website and after carefully go through BWI reply, i draw conclusion that BWI mangement is not trustworthy. Thumb of rule, if mangement cannot be trusted, you have to  RUN like Forrest Gump if you are still holding their shares. But in this world, who willing to take short term pain, so i believe majority will still join the Hyflux, Noble. I just hope they dont ask Government to save them. No one can save someone who dont want to save themselves. When ST report release, the price was trading $2+, i still can recall many people here are blaming ST for sabotage. However, i was thankful to ST at that time as i look into facts but not personal gain. This time i expect it to open below $1 when trading resume. So ST is helping retailers to exit above $2. If you think $1 is dirt cheap, i will let you know the answer in 3-6 months time. Note: The hole is open up by ST, follow by Bonitas and Valiant Varriors. The later open the hole so big that it is beyond cover up. Trust me, this counter is gone, i dont know how low it can go. May be join Hyflux, Noble. Dont be fooled, open your eyes and google China website, you will know the reports are built on FACTS.
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