Best World

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Probably one can say the FY12 results are fairly positive/encouraging.

1. Net profit in 4Q could mark a turnaround for the company. S$1.96 m , .... saved the full year results from being loss making,.... so fy12 was $1.653 m.

2. Final dividend of 0.6 ct, + interim 0.6 ct == about 6.5% dividend yield. So the support for the stock price at 18.5 cents should be strong.

3. Company net cash is there at S$28 m == about 13.5 cent a share is cash, while the stock price is only 18.5 cents.

I think the stock can move up to 25 cents in the next 3-6 months, especially after another quarter of positive profit. Just my 2 c worth

They sound a lot more confident than usual.....this could be a clear signal for a turnaround!!!

yes agree they r more confident

When management is confident, investors will be confident too....this is clearly reflected in the share price today!

South Korea sales went from just $566K in 2011 to $8.5 Million in 2012.

Taiwan was also a hot market, from $6 M to $9.6 M.

Together they made up about 37% of total sales of $48.2 M in 2012. V interesting that these 2 markets have become major contributors to Best World.