Best World

Yes. Already up 70% from the all time low of 15 cents but still looks very cheap. Volume increased recently which is good to attract punters to join in to drive price up.

Q1 result is released. Any comments?

The 1Q results look ugly. Sales are down quite a bit, especially Malaysia side. It looks better when you compared it with 4Q2008. At least there is an improvement. The good thing is that the Company is sitting on $32 million cash and has zero debts. It is still trading at cheap valuations if you take out the cash portion.... Still a Buy in my opinion... not an induction to buy okay.

Q1 result looks solid. Apart from Singapore and Malaysia, all other regions registered GROWTH. Membership continue to increase and may soon/or already pass 200K.

Latest developments are great. Recovery of RMB20M plus interest, many great new products launches, and new Best World Qingdao...all these show that the management team is very focus.

Good news driving the share price higher today.If Q2 result is solid, that will trigger another surge!