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Justice888 Supreme	24-Apr-2019 19:22        Justice888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I am the one. 20 lots sold off at $2.60. Lost $1800z Operator81      ( Date: 24-Apr-2019 19:04) Posted: This counter better than hyflux, give more than 1 month for people to escape. I remember reading 1 forummer saying he sell off at $2.6x and lost few thousand and he dun dare to buy anymore. This is the best case.
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Justice888 Supreme	24-Apr-2019 19:21        Justice888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	That time noble saga . CIC is the major shareholder with 9.6% stake . They also never help. Their investment go down the drai Operator81      ( Date: 24-Apr-2019 19:16) Posted: If there is no problem with the company, where do you need temasek to invest. Please dun threaten to vote opposition or go hong lim park protest because the outcome is Hongkan. People refer Hyflux water to national security, you want to try to promote best world product as National health secret? michaeltan      ( Date: 24-Apr-2019 19:04) Posted: Invest in local company run by Singaporean to expand oversea is better than pumping money to  foreigner
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Alvin2042 Master	24-Apr-2019 19:19        Alvin2042 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Only if they can prove all is clean n above board. If not shortlists still better than those holding longs. dyingcat      ( Date: 24-Apr-2019 19:17) Posted: Just imagine SGX buy up 2.2m shares at one go. Good luck, man. dyingcat      ( Date: 24-Apr-2019 19:11) Posted: Those with open positions for shorting, will have sleepless nights until the halt is lifted. According to today's short sell report, 2.2m shares were shorted, and cdp lending pool only left with 53 shares. On Fri, SGX will help them cover. Hope BWL can show strong evidence to prove its innocence.
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dyingcat Veteran	24-Apr-2019 19:17        dyingcat About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just imagine SGX buy up 2.2m shares at one go. Good luck, man. dyingcat      ( Date: 24-Apr-2019 19:11) Posted: Those with open positions for shorting, will have sleepless nights until the halt is lifted. According to today's short sell report, 2.2m shares were shorted, and cdp lending pool only left with 53 shares. On Fri, SGX will help them cover. Hope BWL can show strong evidence to prove its innocence.
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Operator81 Senior	24-Apr-2019 19:16        Operator81 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If there is no problem with the company, where do you need temasek to invest. Please dun threaten to vote opposition or go hong lim park protest because the outcome is Hongkan. People refer Hyflux water to national security, you want to try to promote best world product as National health secret? michaeltan      ( Date: 24-Apr-2019 19:04) Posted: Invest in local company run by Singaporean to expand oversea is better than pumping money to  foreigner. guards80      ( Date: 24-Apr-2019 18:41) Posted: 😂 😂 😂 😂
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michaeltan Master	24-Apr-2019 19:14        michaeltan About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	RThe next big thing  dyingcat      ( Date: 24-Apr-2019 19:11) Posted: Those with open positions for shorting, will have sleepless nights until the halt is lifted. According to today's short sell report, 2.2m shares were shorted, and cdp lending pool only left with 53 shares. On Fri, SGX will help them cover. Hope BWL can show strong evidence to prove its innocence.
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dyingcat Veteran	24-Apr-2019 19:11        dyingcat About Contact  Quote this Post!
x 0   x 0  Alert Admin	Those with open positions for shorting, will have sleepless nights until the halt is lifted. According to today's short sell report, 2.2m shares were shorted, and cdp lending pool only left with 53 shares. On Fri, SGX will help them cover. Hope BWL can show strong evidence to prove its innocence.
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stockpicker Master	24-Apr-2019 19:10        stockpicker About Contact  Quote this Post!
x 0   x 0  Alert Admin	These 2 ladies who run the company have got big guts but don t expect too much from them when they are getting degrees from the American Degree mills https://tinyurl.com/y4e397hr (Link need to be copied and pasted)
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Operator81 Senior	24-Apr-2019 19:04        Operator81 About Contact  Quote this Post!
x 0   x 0  Alert Admin	This counter better than hyflux, give more than 1 month for people to escape. I remember reading 1 forummer saying he sell off at $2.6x and lost few thousand and he dun dare to buy anymore. This is the best case.
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michaeltan Master	24-Apr-2019 19:04        michaeltan About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Invest in local company run by Singaporean to expand oversea is better than pumping money to  foreigner. guards80      ( Date: 24-Apr-2019 18:41) Posted: 😂 😂 😂 😂 Starship      ( Date: 24-Apr-2019 18:34) Posted: LHL will fall off his chair the moment he sees Ho Ching invest in BW........................
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runaway Senior	24-Apr-2019 18:56        runaway About Contact  Quote this Post!
x 0   x 0  Alert Admin	What do you expect from the announcement? 有 这 么 巧 合 。 股 价 下 跌 的 时 候 突 然 有 要 事 汇 报 ？ 上 一 次 是 找 第 三 者 澄 清 。 这 次 不 知 道 要 找 谁 ？
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like2learn Veteran	24-Apr-2019 18:52        like2learn About Contact  Quote this Post!
x 0   x 0  Alert Admin	hi beng1102, if not too much to ask, can ask your frens and relatives to take some photos of BW china franchises(with pple inside, not those only shop front on the BW website) and PM me ? I supported BW abt 10 years already and wld like to continue.    thx in advance. beng1102      ( Date: 24-Apr-2019 11:11) Posted: Report is not true lah!  I have friends and relatives in China who said otherwise. bwavep      ( Date: 24-Apr-2019 11:06) Posted: incidentally, don' t usu post much on SJ forum. but when do, effort is made to to make it meaningful...
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michaeltan Master	24-Apr-2019 18:49        michaeltan About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	I believed some guys may cought out of guard of trading halt from the short. This is good action taken by the company and right thing did by SGX.  Sen9999      ( Date: 24-Apr-2019 18:34) Posted: Yes it's really a defamation case already. Now it's on the integrity of the owners JarBinx      ( Date: 24-Apr-2019 18:29) Posted: That' s true.. but recall the previous plunge was due to the CLSA report. Trading wasn' t halted back then, and BWL also totally ignored the report. I think the fraud allegation is just too serious.. without it BWL may not even have called for a halt. The other allegations BWL can just dismiss it as outsiders not understanding their operations / specialised direct-selling model etc.
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guards80 Supreme	24-Apr-2019 18:41        guards80 About Contact  Quote this Post!
x 0   x 0  Alert Admin	😂 😂 😂 😂 Starship      ( Date: 24-Apr-2019 18:34) Posted: LHL will fall off his chair the moment he sees Ho Ching invest in BW........................ michaeltan      ( Date: 24-Apr-2019 18:06) Posted:
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Starship Supreme	24-Apr-2019 18:34        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	LHL will fall off his chair the moment he sees Ho Ching invest in BW........................ michaeltan      ( Date: 24-Apr-2019 18:06) Posted: BBBulll      ( Date: 24-Apr-2019 17:58) Posted: Try harder br
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Sen9999 Member	24-Apr-2019 18:34        Sen9999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes it's really a defamation case already. Now it's on the integrity of the owners JarBinx      ( Date: 24-Apr-2019 18:29) Posted: That' s true.. but recall the previous plunge was due to the CLSA report. Trading wasn' t halted back then, and BWL also totally ignored the report. I think the fraud allegation is just too serious.. without it BWL may not even have called for a halt. The other allegations BWL can just dismiss it as outsiders not understanding their operations / specialised direct-selling model etc. Goldfinger      ( Date: 24-Apr-2019 18:13) Posted: A company that keeps having to halt trading to defend allegations, does not seem to have a very bright trading future nor instil confidence in investors. They should just let the markets trade.  Good will right itself out in the end.
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InvestSG Member	24-Apr-2019 18:31        InvestSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	lol. you are right... Starship      ( Date: 24-Apr-2019 16:36) Posted: Looks like Steven Seagal in The Patriot...........................   InvestSG      ( Date: 24-Apr-2019 16:24) Posted: nowadays degrees can be bough or even claim-to-have leh. the more i see his face, he reminds me of a character in Prison Break. lol. CHIEF ESCAPE OFFICER
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JarBinx Member	24-Apr-2019 18:29        JarBinx About Contact  Quote this Post!
x 0   x 0  Alert Admin	That' s true.. but recall the previous plunge was due to the CLSA report. Trading wasn' t halted back then, and BWL also totally ignored the report. I think the fraud allegation is just too serious.. without it BWL may not even have called for a halt. The other allegations BWL can just dismiss it as outsiders not understanding their operations / specialised direct-selling model etc. Goldfinger      ( Date: 24-Apr-2019 18:13) Posted: A company that keeps having to halt trading to defend allegations, does not seem to have a very bright trading future nor instil confidence in investors. They should just let the markets trade.  Good will right itself out in the end. JarBinx      ( Date: 24-Apr-2019 16:35) Posted: Those are serious allegations.. BWL is going to take their time to craft a response to them
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bwavep Senior	24-Apr-2019 18:14        bwavep About Contact  Quote this Post!
x 0   x 0  Alert Admin	actually happen to be the 1st to post the alert here in the forum earlier this morning.  those who caught it had enough time to take action accordingly....its no surprise a trading halt would be called thereafter. at the end of the day, the counter is not a virtually zero value company like Noble, but nor is it probably worth a hyped up > $3.  the price adjustment from the highs is a valid one, with or without the short sellers.  incidentally, the short seller reports did not condemn the company to death, unlike say Noble.  it does however point to the appearance of less than ethical practices which management will have an interesting time explaining away. incidentally, as a matter of side interest - for those who traded or followed Herbalife in US since Ackman started shorting and Icahn took the opposite side, go check out the price action since then.  shortists really do stick their necks out in the end!  just ask Carson Block      bwavep      ( Date: 24-Apr-2019 10:21) Posted: Best World (BB: BEST _ SGX: CGN) = Fraud   We believe that Best World is a fraud and that its Chinese sales are a fraction of what was reported to shareholders.  On March 19, 2019, Best World International Ltd. (BB: BEST __ SGX: CGN) (&ldquo Best World&rdquo or the &ldquo Company&rdquo ) disclosed to its shareholders that it hired PricewaterhouseCoopers (&ldquo PwC&rdquo ) to conduct a limited, one-yearindependent review  of its 2018 China operations. We think Best World management purposely focused PwC&rsquo s investigation solely on 2018 in an attempt to both divert attention from, and ultimately further conceal, previously reported fake sales and profits from its China operations.      PRC Filings suggest that Best World fabricated at least S$ 31 million of its reported 2017 sales to its &ldquo one major customer&rdquo (&ldquo Changsha Best&rdquo ), an entity Best World management secretly controlled and exclusively created to be Best World&rsquo s off-books China counterparty. Excluding fabricated sales to Changsha Best,  we calculate that Best World overstated its 2017 net profits by at least 130%.  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  franchiseelocations) to better understand Best World&rsquo s sales model.      Our findings suggest there exists very little end user consumer demand for DR&rsquo s Secret skin care products in China. In addition, evidence suggests that since the February 18, 2019  Singapore Business Times article  (the &ldquo BT Article&rdquo ), online vendors on both JD.com and Taobao.com appear to have  artificially inflated their online review counts and transaction history to give a false appearance of online sales activity.      We found that 8 of the 12 BWL Lifestyle Centers we visited did not sell individual products to non-members. Our investigators commented that employees at BWL Lifestyle Centers disclosed and acted as though they were not accustomed to interacting with walk-in customers. We laugh at this, but we were told by on-site employees at one BWL Lifestyle Center that we were their very first walk-in customer despite their lifestyle center being open since October 2017!  As reward for their fraudulent scheme,  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! In the three years since implementing the scheme, the Dora&rsquo s collectively took home S$ 85 million in cash, while Best World exited 2018 with its trade and payables balance at an all-time high of S$ 95 million and its receivables touching all-time lows at S$ 5.2 million.     We are short Best World stock and believe its stock price will go lower.  bwavep      ( Date: 24-Apr-2019 10:17) Posted: overseas shortists at work...word of cautio
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Tiger04 Senior	24-Apr-2019 18:14        Tiger04 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Soon better than later. Last round took too long bcos boss not in town. 快 刀 斩 乱 麻 s100125      ( Date: 24-Apr-2019 16:31) Posted: Look like halt not going to be lifted any time soon this round.
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