Best World

If you believe in long term, this company may be the choice for you. Short-term, there\'s no catalyst to spur a revaluation. But if their PRC business can take off, Best World can be a double-bagger in 1-2 years\' time. Just got vested recently. Decent dividend payouts coming soon.

Went down to Best World Toa Payoh HQ this afternoon during lunchtime. Was pleasantly surprised to see around 20 consumers buying products. The counters were quite busy. Observed that most of the consumers, in fact all were females except 2 middle-aged guys. Products that they were buying seem to be mainly the skin care products, ie their Dr\'s Secret products. Would pay a visit to their other branches tomorrow.

why the strong buying on Friday yesterdya?

Strong rebound from 18.5 cents to 26 cents. Believe that this is just the begining. Net cash 15 cents, EPS 7.5 cents and dividend 3.2 cents. All these numbers should improve in FY09. This is indeed a hidden gem!

What a hidden gem! Continue to rebound very strongly. Guess those who shorted this counter are now buying back to cover. Hope the trend will continue! Already rebounded more that 50% but believe that Bestworld is still way undervalued.

AMIRAL GESTION shareholding crossed 5%. Anyone know who this new significant shareholder is?