
Singaporean direct selling company Best World establishes Hong Kong Regional Centre
http://www.investhk.gov.hk/PageControl/ShowDynamic.aspx?act=newsdetail&newsid=1586&tabid=329
have been keen in this counters since months back. did mentioned this counter has potential in FA term.. now finally making its move.
Full Year result for FY 06 should be great. I think FY 07 result will even be better!!
I think Best World result should beat analysts expectation and a re-rating should occur. Also, chance of bonus issue is high....prepare for more good news!
Best World will be announcing its Full Year result on 14 Feb...stay tuned!
新加坡直銷公司全美世界在香港開設地區辦事處
http://www.investhk.gov.hk/PageControl/ShowDynamic.aspx?act=newsdetail&newsid=1587&tabid=222
Strong support at 74 cents....very soon it wounldn't be a Penny stock anymore!
Penny stock with low volumes... but looks to be on uptrend now
Taiwan! Next: China!
A few months ago, Best World said it will enter China in 2007. If it's confirmed, the news will trigger a re-rating of the counter. China is massive market - explosive growth for Best World.
Listen to webcast on future plans by Huang Ban Chin, exec director of Best World at: http://www.bestworld.com.sg/investor.html
Take a look at how fast BW's penetrated the Taiwan market!!
http://www.bestworld.com.tw/Traditional/training_schedule.htm
Another milestone for BW......
bwL?s Hong Kong Regional Centre celebrates its official grand opening on 8 January 2007 (Monday)!
Nokita, this post is good. Bullrun, you should have many lots at 0.40+ as I read your post last year since April, hee.. good for you, your wait finally came true~
2,004,000 shares traded today on Best World. What a boom!
Valuations of the stock are compelling. Another 33% upside at least.
When sterling full-yr results are announced in February, stock will be poised for a re-rating. I'm looking at at least $1.30, based on 10X earnings for FY '07.
GK-CIMB : Maintain Outperform, valuations compelling at 6x CY07 P/E. We maintain our $0.90 target price, set at 12x CY06 P/E. Valuations are compelling when one
considers the cash backing of 12cts/share, the business?s ability to generate cash and
the attractive prospective yield of 5.7% for CY06.
Phillip Securities: Rolling over valuation to FY07 and applying an undemanding 10x PER, we derive our price objective of S$0.975. This is further supported by our DCF model that is based on very conservative assumptions (WACC 12.0%, LT growth ?1.0%). Upside potential is an enticing 57%.
Maintain Buy.
SBI E-2 : Maintain BUY with a target price of S$1.00. We believe that BWL is on track to meet our full-year net profit
forecast of S$11.7m (+38% YoY). We expect momentum to continue into FY12/07F to hit net profit of S$15.8m
(+35% YoY). BWL is trading at 8.8x FY12/06F and 6.5x FY12/07F P/E, compared to peers? average of 18x
FY12/06F and 16x FY12/07F P/E.
We maintain BUY on BWL with target price of S$1.00, pegged at 14x FY12/06F P/E. This offers a 61% upside
potential.
Price surged to 74.5 cents....voulmes surged at the same time!!!
As expected, volumes and share price surged up!!
The beginning of another uptrend??
Business Times today on pg 1 listed top picks. Best World was named one of top 3 picks of Phillips Securities.
Its fair value : 97.5 cts (that means, 40% upside).
Its fair value : 97.5 cts (that means, 40% upside).
Volumes and share price should pick up soon......
Volumes not too good but from TA charts it looks to be on uptrend.
It is quite clear that some big boys out there are really interested in this stock. Stay tuned, I believe more actions coming in 07!