Best World

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14 Sep 2016 17:01 #23243 by StocksPicks
Singapore's financial services sector has what it takes to spearhead the widespread adoption of blockchain technology in the city-state.

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08 Oct 2016 10:59 #23290 by lotustpsll
The qualities of Dora and Doreen are very assuring to shareholders and it is this quality of management mindset that investors look for before they invest.

If their China strategy pans out well, the current share price would still represent a good entry point, notably for those who have missed out the run to-date.

Personally, I am staying the course.

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12 Oct 2016 14:34 #23307 by Kapitan
Replied by Kapitan on topic Best World
Some correction has brought Best World stock price to $1.38 today and a market cap of $380 m. Profit-taking is a natural part of the market and gives new investors (or long-term holders) a good entry price if BW can earn about $38 m in profit in 2017, then the current PE is about 10X only.

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19 Oct 2016 21:05 #23326 by Mel
Replied by Mel on topic Best World
Very sharp rebound today after several days of falling. Why?
Perhaps short-selling combined with profit-taking. Then today, short-sellers had to cover their backside!

I agree this share has a low valuation still. About 12 PE. Which is attractive for a biz with high cashflow, virtually no capex, pays good dividends, and MGT owns a big chunk of the company. No selling at all by the Dora & Doreen Team and by Huang the COO.

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25 Oct 2016 15:28 #23347 by Mel
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02 Nov 2016 10:18 #23352 by Bestworld
Replied by Bestworld on topic Best World
Will Q3 be another recorded breaking performance?

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