The rise in share is not managed but is based on fundamentals. Some other forums (not Nextinsight) mentioned about concerted efforts to talk up the share price as though we will be facing the same problems of the collapse of certain small caps in recent past. It is obvious that they have missed the boat on Best World.
The run in price continues in expectation of a sterling 2Q performance and as I have said before we are in an early phase of a solid uptrend and, barring unforeseen circumstances beyond its control, Best World has the makings of a super growth stock.
However, investors should be mindful of the business risks involved as clearly indicated by management in its financial reports.
Please do your own due diligence before you invest or add to your position.
according to jamesbond008: I heard from my CIMB broker that the CIMB analyst Jonathan brought Best World to KL for roadshow last Friday. Response was good in KL where the management met more than 35 fund managers.
This stock is under-owned by fund managers. I see great potentials for institution investors to come into this stock as the growth CAGR from 2015-2017 exceeds 100%. And the Company pays dividends.
S$1.00 is just the tip of the iceberg. If NPAT for FY2016 is around S$20m, then we are talking about 10x FY2016 PE for this Company. PEG is 0.1
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