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destinykraze Elite	20-Jun-2019 17:11        destinykraze About Contact  Quote this Post!   Yells: "Reality is only a matter of perception"
x 1   x 0  Alert Admin	you are right. depending on the scale of ops. this can take well over a year. sbscap      ( Date: 20-Jun-2019 15:54) Posted: Is there any timeline for BW' s special audit? One would be thought some sort of schedule would be announced. At least a rough one. PWC must have assessed the workload, arrange resources and be able to give some indication of when its work would be completed, leaving SGX to review. Boy, this seems to be very long. I remember some HK listed company which I have an interest. Suspension may be over a year.
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sbscap Master	20-Jun-2019 15:54        sbscap About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Is there any timeline for BW' s special audit? One would be thought some sort of schedule would be announced. At least a rough one. PWC must have assessed the workload, arrange resources and be able to give some indication of when its work would be completed, leaving SGX to review. Boy, this seems to be very long. I remember some HK listed company which I have an interest. Suspension may be over a year.
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runaway Senior	20-Jun-2019 08:23        runaway About Contact  Quote this Post!
x 0   x 0  Alert Admin	I was tipped by a friend to buy when it was at $1.50+ (this number sounds familiar). He told me that the fund managers were buying. He was right, it rocketed within 3 months to $3.00+. Many were smiling on their paper gains.   I was jealous then because I should have bought at $1.50+. The rest is history. In stock marlet, GREED kills. When it is too good to be true, it is likely true.
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destinykraze Elite	19-Jun-2019 20:28        destinykraze About Contact  Quote this Post!   Yells: "Reality is only a matter of perception"
x 0   x 0  Alert Admin	It' s not that simple. they are under scrutiny now. Some 3rd party auditors just go thru motion, as long it' s " compliant" on paper. Observers      ( Date: 19-Jun-2019 18:50) Posted: Still suspended? So hard to prove the business exists to resume trading? Arent the records suppose to be readily available from the accountant or even the 3rd party auditor if really necessary?
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kangaroo11 Veteran	19-Jun-2019 20:03        kangaroo11 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	think maybe not just pissed, the sai also come out loL! destinykraze      ( Date: 19-Jun-2019 16:24) Posted: 30cents? maybe not that low? you are making those vested pissing their pants lol. pool100      ( Date: 19-Jun-2019 14:20) Posted: Why would anyone want to pay above 30c for this stock? It' s likely going to retest the previous years lows when it reopens. I think we should see it go below 20c eventually.
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Observers Elite	19-Jun-2019 18:50        Observers About Contact  Quote this Post!
x 0   x 0  Alert Admin	Still suspended? So hard to prove the business exists to resume trading? Arent the records suppose to be readily available from the accountant or even the 3rd party auditor if really necessary?
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destinykraze Elite	19-Jun-2019 16:24        destinykraze About Contact  Quote this Post!   Yells: "Reality is only a matter of perception"
x 0   x 0  Alert Admin	30cents? maybe not that low? you are making those vested pissing their pants lol. pool100      ( Date: 19-Jun-2019 14:20) Posted: Why would anyone want to pay above 30c for this stock? It' s likely going to retest the previous years lows when it reopens. I think we should see it go below 20c eventually.
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pool100 Veteran	19-Jun-2019 14:20        pool100 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why would anyone want to pay above 30c for this stock? It' s likely going to retest the previous years lows when it reopens. I think we should see it go below 20c eventually.
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positivity88 Veteran	19-Jun-2019 13:13        positivity88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	left 15,000 shares for off market deal.. 0.86 anyone want to sell.. i will buy. PM me
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sbscap Master	19-Jun-2019 11:10        sbscap About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Suspended still people chatting. Especially the dreamers stoned with BW pills. Only the current owners will privatize the company. Nobody else will buy the company, even if the price is $0.01. Why? Potential litigations. If something, anything from durians to BW shares, is supercheap, people will think something is very wrong, rotten, dangerous. If it is not supercheap, why buy? So this leaves privatization to the current SSH. So we will have to wait for the investigations to be over, then a relisting and let Mr Market decide the equilibrium price.
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destinykraze Elite	18-Jun-2019 20:07        destinykraze About Contact  Quote this Post!   Yells: "Reality is only a matter of perception"
x 0   x 0  Alert Admin	Probably a go in China or US. Singapore is like a sick market . 1035834      ( Date: 18-Jun-2019 19:57) Posted: Nowadays anything can happen as Long as you know how to sell the stories , just like lurkin coffee and Uber , no profit record also can raise billion of dollars .  destinykraze      ( Date: 18-Jun-2019 19:36) Posted: their market cap is around 750m. if they wanna privatise, someone has to cough out few hundred million at this share price. Which I think is very unlikely. Offering a premium is even more out of the question
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1035834 Senior	18-Jun-2019 19:57        1035834 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Nowadays anything can happen as Long as you know how to sell the stories , just like lurkin coffee and Uber , no profit record also can raise billion of dollars .  destinykraze      ( Date: 18-Jun-2019 19:36) Posted: their market cap is around 750m. if they wanna privatise, someone has to cough out few hundred million at this share price. Which I think is very unlikely. Offering a premium is even more out of the question. like2learn      ( Date: 18-Jun-2019 19:25) Posted: i think we hv to be careful what we wish for. dun think any business owner wants to give free money - if not it' s a charity already. look at the past GOs in SGX - what if privatised at a " reasonable but not fair" , e.g. offer $1.2 (abt 3x NAV) ? then those who vested long ago wld regret not selling at $3, those who bought above $1.2 siao liao. so all investors jialat
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destinykraze Elite	18-Jun-2019 19:36        destinykraze About Contact  Quote this Post!   Yells: "Reality is only a matter of perception"
x 1   x 0  Alert Admin	their market cap is around 750m. if they wanna privatise, someone has to cough out few hundred million at this share price. Which I think is very unlikely. Offering a premium is even more out of the question. like2learn      ( Date: 18-Jun-2019 19:25) Posted: i think we hv to be careful what we wish for. dun think any business owner wants to give free money - if not it' s a charity already. look at the past GOs in SGX - what if privatised at a " reasonable but not fair" , e.g. offer $1.2 (abt 3x NAV) ? then those who vested long ago wld regret not selling at $3, those who bought above $1.2 siao liao. so all investors jialat. Tiger04      ( Date: 18-Jun-2019 14:28) Posted: On positive note, if privatised upon opening good for invested. If PWC declares all cleared and above aboard ,also shiok shiok for invested .... NICE
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like2learn Veteran	18-Jun-2019 19:25        like2learn About Contact  Quote this Post!
x 0   x 0  Alert Admin	i think we hv to be careful what we wish for. dun think any business owner wants to give free money - if not it' s a charity already. look at the past GOs in SGX - what if privatised at a " reasonable but not fair" , e.g. offer $1.2 (abt 3x NAV) ? then those who vested long ago wld regret not selling at $3, those who bought above $1.2 siao liao. so all investors jialat. Tiger04      ( Date: 18-Jun-2019 14:28) Posted: On positive note, if privatised upon opening good for invested. If PWC declares all cleared and above aboard ,also shiok shiok for invested .... NICE
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Sgvale Supreme	18-Jun-2019 17:46        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	Check take so long? Can see the complicity of this Best World business model. Hard to understand
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destinykraze Elite	18-Jun-2019 16:40        destinykraze About Contact  Quote this Post!   Yells: "Reality is only a matter of perception"
x 0   x 0  Alert Admin	Might have to drag until new year before we get any updates. there should be married trades off market alrdy.
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sengsk Elite	18-Jun-2019 15:02        sengsk About Contact  Quote this Post!
x 0   x 0  Alert Admin	No longer BEST World. Its BEAR World.
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destinykraze Elite	18-Jun-2019 14:59        destinykraze About Contact  Quote this Post!   Yells: "Reality is only a matter of perception"
x 0   x 0  Alert Admin	no doubt its good. but how likely? that is the real question. Tiger04      ( Date: 18-Jun-2019 14:28) Posted: On positive note, if privatised upon opening good for invested. If PWC declares all cleared and above aboard ,also shiok shiok for invested .... NICE
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Tiger04 Senior	18-Jun-2019 14:28        Tiger04 About Contact  Quote this Post!
x 0   x 0  Alert Admin	On positive note, if privatised upon opening good for invested. If PWC declares all cleared and above aboard ,also shiok shiok for invested .... NICE
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1035834 Senior	18-Jun-2019 09:49        1035834 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Now the PwC investigation still in progress as it is few years sales transaction audit to be done by PwC and report directly to SGX, as long as the investigation not completed , it will not release its annual report as it may need to restate its figures if any irregularity found. however, the company just had very big ceremony in sydney during May to award their direct sales personnel and business still running as normal , so it is still not tat bad as i see their business is still ongoing without disruption .  like2learn      ( Date: 17-Jun-2019 19:05) Posted: very disappointed in this counter - 16 jun has passed and no news yet. why mgmt likedat one - they shd know we investors are anxious for news - just update us whether good or bad  like2learn      ( Date: 04-Jun-2019 20:45) Posted: i m looking fwd to some announcements on the PwC findings late this wk or next wk, since BW has till 16 Jun 2019 to issue its AR to shareholders, assuming : 1. has to mail out AR by 16 Jun, and not just publishing on website 2. PwC rpt released b4 issuing AR Failing which, sigh, there shd then be announcements on further extension on releasing AR..... which may also mean longer suspension. i certainly hope not as no AGM -> no final dividend to be approved and paid out.
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