Best World

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7 years 9 months ago #23063 by lotustpsll
Replied by lotustpsll on topic Best World
Price run is clearly unsustainable. This sharp correction is needed and perhaps gives a chance for those who are not invested to come in.

BW is no Blumont or Liongold. It has a strong balance sheet, experienced management and a viable and cash generative business model.

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7 years 9 months ago #23064 by lotustpsll
Replied by lotustpsll on topic Best World
If we annualise BW's 1Q eps (seasonally the weakest Q), the projected eps for FY16 should be around 11 cents. At PE of 10, price is projected at sgd1.10 (against larger peers of 14x PE average). CIMB has a target price of sgd1.12.

In my view the sharp correction today overdone.

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7 years 9 months ago #23065 by lotustpsll
Replied by lotustpsll on topic Best World
Dealing with regulators is important and giving standard reply to repeated queries, over sharp rise in share price, will only invite more scrutiny. The management must learn to engage regulators constructively.

Regulator risk is one important factor to consider in the field of stock investing. Hope this is a lesson learnt for BW.

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7 years 9 months ago #23066 by Bestworld
Replied by Bestworld on topic Best World
Q2, Q3 and Q4 earnings for the past many years are significantly higher than Q1....Easily 40% to 100%++'higher. Hence, 11c is very very conservative.

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7 years 9 months ago #23067 by Garak
Replied by Garak on topic Best World
1. Apparently clients of Maybank Kim Eng were big buyers of BW stock today.

2. Apparently Ronald K and his class did short the stock yesterday.

Best World - Major Gala and Collapsed

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7 years 9 months ago #23068 by Bestworld
Replied by Bestworld on topic Best World

Chik wrote: 1. Apparently clients of Maybank Kim Eng were big buyers of BW stock today.

2. Apparently Ronald K and his class did short the stock yesterday.

Best World - Major Gala and Collapsed

. Which side win?

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