| Latest Forum Topics / Best World |
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THE BEST IS YET TO BE
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s100125
Elite |
24-Apr-2019 16:02
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Think more to come, Iceberg may be next to come out with a report.
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InvestSG
Member |
24-Apr-2019 16:01
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Who is this Bonitas ppl anyway?? I go see their " leadership" page, the fella looks like a mafia thug la. Lol. for lol times --> https://www.bonitasresearch.com/leadership/   |
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bishan22
Supreme |
24-Apr-2019 15:59
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No on line trade and yet down so much. Very obvious it is BB works...
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Justice888
Supreme |
24-Apr-2019 15:58
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After iceberg and noble. The word shortseller is scary
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eagleeyes1989
Master |
24-Apr-2019 15:50
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one thing we know is that BWL management are quick learners.  when BT article came out, the stock fell from a high of 3.15 to 2.54 on the same day. that is 61 bips.  today, they were extremely quick to act and halted trading. price range from a high of 1.83 to 1.58 which is 25 BIPS.  after they have dealt with BT report and the aftermath that followed, i am hopeful they will use their experience and know how to  mitigate this latest attack the best way possible.  |
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Justice888
Supreme |
24-Apr-2019 15:47
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Luckily my brokerage firm cannot trade online . Could the broker know some news ? That?s why it is on ban list for so Long?
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bayduck
Member |
24-Apr-2019 15:46
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That' s the right response! If you think they are wrong, then bet against them. It' s much more honorable than people who claim Bonitas is wrong, but don' t put money where their mouth is.
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dan123woo
Member |
24-Apr-2019 15:44
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i think from their tone and from the evidence they have. the report they presented is pretty trashy. just in my opinion, so for now, i' m going in with more lots.
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bayduck
Member |
24-Apr-2019 15:44
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Agree. They are definitely not vigilantes, just trying to make money from shorting the stocks. However, one could say the same about the ones that go long a stock, and promote the stock incessantly afterwards. End of the day, everyone is selfish in the markets - so just do your own homework instead of relying on others.
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stockpicker
Master |
24-Apr-2019 15:43
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真 金 不 怕 火 只 怕 不 是 金 | ||||
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Qanghoo
Supreme |
24-Apr-2019 15:42
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Is there any scrutiny by sg authorities?  Thought they are now too busy with Hyflux?
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greenhappy
Member |
24-Apr-2019 15:42
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I Oversold bestworld shares today, what if this counter suspended?  | ||||
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bayduck
Member |
24-Apr-2019 15:41
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Of course they can sue, whether they will win is another thing. From my experience, the firms that get really defensive when attacked by short sellers are often more likely to be hiding something. The legitimate firms will just dismiss the allegations, and let the market judge them for their financial performance over the long run. I am not vested in BW, so I try to be as objective as possible. We should not disparage or sue short sellers simply because they are going short. They help to maintain market efficiency to ensure prices reflect fundamentals. I don' t see people threatening to sue promoters who rave about stocks blindly, so why should people threaten to sue short-seller who criticize the stocks blindly. Further, Bonitas is not criticizing blindly - they are pretty legitimate, the guys were from Glaucus previously, and they are putting up their capital at risk should their bearish bet go wrong too.
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Qanghoo
Supreme |
24-Apr-2019 15:41
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They are there primarily to make $$$.  They may or may not be right.  Sometimes, they twist things n tell helf truths.  Recall Olam case?  So, in this case, time will tell.  In the meantime, do thread with care. 
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Wind22i
Supreme |
24-Apr-2019 15:40
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shortist target usually its gone case ... | ||||
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eagleeyes1989
Master |
24-Apr-2019 15:35
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why do people start " short selling activist " companies. like ice berg research or bonitas .. is it to be financial vigilantes? to protect the poor clueless retail investors ? or are they there to make money and to profit from their own agendas?  sure, some of their short calls might be true. but ultimately, they are just trying to make money. so dont take their word as the gospel truth . |
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beng1102
Elite |
24-Apr-2019 15:28
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So much scrutiny by authorities in both Singapore and China and people think that they still want to commit fraud.  I think this is insaned as the penalty is far worth than the monetary rewards.  These directors are people who were rich from the beginning and there is no need for them to commit fraud.
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Starship
Supreme |
24-Apr-2019 15:27
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Both Noble and Yuuzoo also huffed and puffed and threatened to blow the house down.  But see where are they now................... ![]() ![]() ![]()  
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Operator81
Senior |
24-Apr-2019 15:19
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Did Noble sue iceberg in hongkong? It was rejected by the court in year 2016 and see what happened after that? The BEST way to fight the attack is to privatise it if they have the financial muscles and support which i dun see it yet. | ||||
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dan123woo
Member |
24-Apr-2019 15:18
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yes, you' re right. hope they sue soon. shortists becoming to greedy and are taking their kindness for weakness. should be back up to $3 soon &ndash after AGM in june.
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