| Latest Forum Topics / Best World |
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THE BEST IS YET TO BE
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stockpicker
Master |
16-Apr-2019 15:46
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Best World must have got the notice given to them by the Authority.    Lets wait for Best World' s official clarification as to how the latest ruling will affect the 3 products and what are these 3 products   also whether the other 3 products will not be affected..
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JarBinx
Member |
16-Apr-2019 15:43
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thanks - good luck 1Q results out 14 May if I' m not wrong, hoping for positive news
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positivity88
Veteran |
16-Apr-2019 15:35
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on a side note another theory is that they will benefit more if they let it go up they can just queue to sell as people will buy in for rebounds. that is if they are selling the stock and not shorting.. if it goes down somemore then i view it as pure shorting and pressuring of prices.. which one day will burst.. you cant pressure all the way unless you know that a negative news is coming out and there will be a big gap for you to cover.
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positivity88
Veteran |
16-Apr-2019 15:29
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monitor the time and sales.. you will see that algorithm is only placed on 1.70 and above and they are not selling below 1.70... the orders done below 1.70 and chunky orders.. whole number orders which most likely is panic sell or retail shorts... that does not mean it wont go down just that it more or less stabilize the price.. the share price will go up if 1.70 is taken and supported.. then today shortist have to cover higher.. we will see in the last 1 hour or so if this happens.. i will jump in at 1.71 if 1.70 buy up and supported
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JarBinx
Member |
16-Apr-2019 15:24
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How you tell? Everytime I see this stock I see red..
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positivity88
Veteran |
16-Apr-2019 15:21
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sell algo have stopped thowing to buyer... monitoring closely.. might be wave up soon | ||||
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stockpicker
Master |
16-Apr-2019 14:17
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it is tough doing direct selling in China.    Avon Products found this out over the last 28 years since it set its foot in China in 1990. Avon was the first Direct Selling company and has been picked to be the model company while the Authorities were drafting the regulations to control direct selling business in China.. Today,  Avon has totally pulled out of the Chinese market as it no longer able to to substain the losses around hundreds of millions per year and raked up about US1.8 bilion of losses.  Their share has dropped from the peak of $46 in 2004  to the present level of $2.80.    They have just been slapped with a fine of $135 mil by US' s DOJ for bribing the Chinese Officers in order to stay in business.  This believe to be their dead straw. https://www.breakingviews.com/considered-view/avon-exposes-ugly-side-of-doing-business-in-china/ It would appear that doing direct selling in a proper way would  go nowhere.. going the wrong way can earn a living but how long this kind of business can continue is anyone' s guess.     Hope one can learn from Avon' s failure and be smart to invest wisely.  Anyway,  China is a big market full of opportunities.    Undersstand the new owner of Avon is thinking about going back to China.     Good luck everyone..
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sbscap
Master |
16-Apr-2019 13:35
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I' m sure there are those who disagree with me or don' t like my comments. I' m sorry for people who lost money but the issues that drove the price down started much earlier with the BT article having the biggest impact so far. The key issues seem to surround BW' s biz model. TA and FA mean little if BW' s biz model is questionable or not sustainable. Herbalife in the US is an example where even a big short seller couldn' t crash a supposedly fraudulant company. So it is difficult to say fundaments and the share price can agree. Good luck to those trading. I would personally stay out. | ||||
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andylsw
Member |
16-Apr-2019 12:52
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My investment in Best world is 10 lots bought at $2.58 but the price now only $1.69
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stevenyeo
Member |
16-Apr-2019 12:04
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TA not good, bollinger, MACD and RSI all downtrend. | ||||
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SgYuan
Supreme |
16-Apr-2019 11:58
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chart![]()
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SgYuan
Supreme |
16-Apr-2019 11:07
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w1 goes to 174
Now see the mini ew can hold it ew w0 163 w1 174 w2? w1 11 w2 7 tgt 167 dn 61.8% - px hit low 168 now - if px hit w0 163 cut it w3 18 tgt 183 up 161.8% w4 7 tgt 176 w5 11 tgt 187
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beng1102
Elite |
16-Apr-2019 09:57
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Panic selling at the open is absorbed.  Now the gap is fast closing up.  Motley Fool below seems to be positive on this company. https://www.fool.sg/2019/03/21/understanding-best-world-international-limiteds-recent-volatility-and-what-to-do-about-it/
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michaeltan
Master |
16-Apr-2019 09:45
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Everyday kena wrack! Wanna one big fish short bite, the rest of small fishes chip in bibble .. sure gone case.
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JarBinx
Member |
16-Apr-2019 09:38
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Probably not.. they wanna share buyback cheap cheap
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SgYuan
Supreme |
16-Apr-2019 09:33
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Now see the mini ew can hold it
ew w0 163 w1 172 w2? w1 9 w2 6 tgt 166 dn 61.8% - if px hit w0 163 cut it w3 15 tgt 181 up 161.8% w4 6 tgt 175 w5 9 tgt 184 |
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SgYuan
Supreme |
16-Apr-2019 09:27
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px hit pass month chart mid support @169
- the strongest support so easily broken - px hit low 163 uturn to 172 and holding @169 - at least goes back to month mid support - hope it can hold it w5 17 tgt 175 - dn 50% of 49 delta 25 tgt 166 passed - dn 61.8% of 49 delta 30 tgt 161 deep correction - dn 78.6% of 49 delta 39 tgt 152 - dn 88.6% of 49 delta 43 tgt 148 recap on main wabc wa 333 202 delta 131 wb 202 279 wc 279 ?148 dn 100% of wa
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Goldfinger
Supreme |
16-Apr-2019 09:14
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Plunge this morning seems to suggest this info could be circulating - good if the company clarified quickly. Else it?s all speculation and exit on fears. | ||||
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1035834
Senior |
16-Apr-2019 09:14
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alot of big name also in the list like Amway , herbalife but dont think affect BWL much as their revenue mostly from their skin care products and it is not under selling restriction .
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gravity8888
Supreme |
16-Apr-2019 09:01
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Going back to 130 range | ||||
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