Best World

Many listed companies face challenges, but Best World is one of the very few which are less likely to contend with headwinds. Its 3Q results are stunning. S$22.3 mio net profit. +248% year on year. This suggests that the recent recovery in stock price to $1.50 can continue.

China sale surging even before direct selling starts. Likely yo surge further in the quarter ahead!

Monday will see price pushing to 1.60 and above. Buy at any price to profit from this wave.

The Best is Yet to Come!

$1.39 now, after a long period of consolidation for profit-takers.
Don't think Best World is overvalued. Market cap $377 m.
Earnings for 9M 2016 was $22.3 million. Guess full year $30 million.
So the PE is.....only 12.5 X.

Expensive? Nah. It's the expected jump in profits in 2017 that we should look to when Best World goes into full swing as a direct seller in the China.

$1.22 is only 10x PE. with 2017 earnings set to grow ard 30-40%....PE will be too cheap to ignore.