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THE BEST IS YET TO BE
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like2learn
Veteran |
19-Feb-2019 16:43
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I personally feel there' s no funny things being done by BW mgmt. Yes, it is not well known in SG, u hardly can find anyone using BW pdts, compared to say LÓ real, SK II, Loccitane, etc etc and even Nuskin. BW' s success lies in direct(person to person) selling which is more popular in TW and China compared to SG due to cultural differences. Having said that, whether the share price reflects the " potential" of its China growth story or its current financial statements is another thing altogether. DODD. |
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Superkilat
Elite |
19-Feb 16:20
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You talked so much, hoping a singaporean company failed right? Normally, they are quite fast in respond. They should say they are not aware of any reason caused the price to plunge. | ||||
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Starship
Supreme |
19-Feb-2019 15:56
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Singaporeans who know there' s such a company named " Best World" learned about it from stock forums. Hardly any have ever heard or seen or touched it' s " products" (whatever they are).  
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dimebag
Master |
19-Feb-2019 15:39
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No one knows about their products because they don' t sell the products...they are busy selling the idea of owning the shares to the agents. So all the agents buy the shares and fry up the prices lol. | ||||
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ahhuat08
Elite |
19-Feb-2019 15:37
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The mgmt better come out with a good storyline, or else, all hell break loose upon un-halt . | ||||
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eric998
Supreme |
19-Feb-2019 15:25
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this is a punting play since the beginning.. even professionals like auditors and anaysts cannot make a proper analysis of the company.. not talk about you and me who dont even know or have seen the company' s products. the crash or halt is not surprise.. shortists know the risk especially naked shorts.. and i appreciate those here who raise red flags.. so that no many people got trapped.. it is very tempting to not join in the rally especially when it shoot continuously for many sessions.. i also joined and made some coffee money.. but dare not hold.. anyway hope everything is fine and maybe even good news coming out.. HUAT!! | ||||
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lifeisgood
Supreme |
19-Feb-2019 14:49
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Same same. The best guage for a product popularity is to ask potential users around us. None use BW. Whereas they all know Nuskin and some even use its products.
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zillion
Master |
19-Feb 14:47
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what is the difference: direct selling, multi level marketing, pyramid selling? what are permitted in China? | ||||
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s100125
Elite |
19-Feb-2019 14:41
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Not so familiar with their products. Asked those female ladies around but non know about the name BestWorld.
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zillion
Master |
19-Feb-2019 14:37
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wow both Dora and Doreen are recognised for their contribution got PBM title. | ||||
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Starship
Supreme |
19-Feb-2019 14:00
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Read what Prof Mak Yuen Teen said about stocks with famous/high profile Independent Directors: Dodgy companies may appoint academics to give the semblance of propriety, independence and objectivity. This is not to say that academics cannot add value to corporate boards or that they should never be appointed as directors of listed companies, but I do wish that some &ldquo professors&rdquo are more discerning in joining boards and that academic institutions are more aware of the potential reputational damage that can be caused by a badly-behaved academic on corporate boards or in other areas. I have received complaints from investors about some &ldquo professors&rdquo on boards here. Then there are tales of certain Asian companies adding non-Asian directors to impress investors and analysts when they go on road shows. Companies may also window dress by having high-ranking government officials (including former ones) on their boards. Theranos &ndash the US blood-testing company that bled investors dry and took many other professionals for a ride &ndash had several former secretaries of state, generals and venture capitalists on its board. And the young CEO was said to have described the board as &ldquo just a placeholder&rdquo . Investors should also watch out for questionable companies appointing senior lawyers, accountants or other well known corporate figures to embellish their boards. They should be especially wary when companies claim that these are corporate governance experts, as it seems everyone can claim to be one. https://governanceforstakeholders.com/2018/11/18/investors-should-beware-of-companies-window-dressing-their-boards/
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lifeisgood
Supreme |
19-Feb-2019 13:07
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If products so good, they will be snapped up in Taobao, JD etc... Who still needs direct sales agents?
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bwavep
Senior |
19-Feb-2019 13:00
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so if IDs with big reputation leaves, does it mean they are trying to salvage what' s left of their ' reputation' ? 
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bwavep
Senior |
19-Feb-2019 12:57
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that implies still rigged for many years? 
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Superkilat
Elite |
19-Feb-2019 11:50
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Dr Secret. What is the secret behind the sales? Is Dr Secret so fantastic and selling like a hot cake in China. Did Chan Soo Sen knew something we shareholders do not know? Come on. Management better quickly clarify to minimise damage. | ||||
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zillion
Master |
19-Feb-2019 11:48
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agree, this sh be classified as a designated counter as it kept rising rising smells of operators pushing enriching themselves.
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TAURUSLIM
Member |
19-Feb-2019 10:12
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don' t place too much trust in IDs they are normally kept in the dark if there is really wishy washy stuff | ||||
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newbieneedhelp
Member |
19-Feb-2019 10:05
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Mr Chan soo Sen, a former minister of state, has been Midas's independent non executive director since 2006 | ||||
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Justice888
Supreme |
19-Feb-2019 10:02
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I tot Chan Soo Sen left
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ahhuat08
Elite |
19-Feb-2019 09:58
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Yup i remember that too, and cirb was triggered, this time round , cirb spoil again?
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