Latest Forum Topics / Best World | Post Reply |
THE BEST IS YET TO BE
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bullrun4ever
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05-Feb-2007 01:12
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Bull run..you are back! Very simple....management has promised a 30% CACG in the next 3 years mean they are confident to achieve or over achieve them! and they have very good expansion plan, executed stage by stage means they know what they are doing! and looking at the huge potential of China, HK and Taiwan, BW potential is simply enormous!!! |
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BullRun
Elite |
05-Feb-2007 00:09
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Nokita, Too many questions......Basically, I use some simple fundamantal analysis to select the stock to buy. I have done a lot of research to understand direct selling before buying BW and had been tracking BW performance very closely since its IPO. Since you are tracking BW also, what do you think the fair value should be? |
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Nokita
Senior |
04-Feb-2007 17:24
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bullrun, hey congrats. can tell us: how did you identify Best World as a great stock? When (what yr?) did you identify Best World? Have you met management like Doreen or Huang or Dora before ? If yes, what's yr impression of them? at various times, did you not consider that best world's business to be rather unsexy? after all, it's a lot of people selling directly to a lot of other people. what gave you so much confidence in the company? surely, yr answers will educate forumers on how to choose a great stock. |
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Stockking
Master |
04-Feb-2007 14:11
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On a strong uptrend....market is in the process of adjusting the valuation to better reflect the value...I'm sure further upgrading will come after the 14th Feb....Target price should be base on FY 07 by now...all those targets of 90c-$1 were set many many months back!! | ||
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Nokita
Senior |
04-Feb-2007 09:52
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Just saw in CNA forum a Jan 5 '07 posting by a fellow who also likes Best World a lot. Link: http://forum.channelnewsasia.com/viewtopic.php?t=46773&start=0 If I have a $300,000 windfall tomorrow, this is how I will invest: 3 stocks with potentially super-high returns. I give a brief analysis. There are many more reasons for buying but I am not going to spell all out. The PE of 10 accorded is arbitrary but it appears reasonable, or even overly conservative, to me. ***150,000 shares of Best World @ 74 cts = $111,000 Reason: Expect continued high-growth of more than 30% p.a. over the next 3 years. PE @ 12 X earnings this year = $1.20 stock price Upside expected: 62% This is a multi-year investment, as Best World penetrates more and more markets, especially China. The long-term returns will far exceed the 62% in the short-term. ***250,000 shares of CG Tech @ 42 cts = $105,000 Reason: Expected 50% rise in EPS in FY �06 yields EPS of 11 cts. If EPS rises by 30% in FY�07, you get EPS of 14.3 cts PE @ 10 X earnings this year = $1.43 stock price. Upside expected: 232 % ***200,000 shares of Bright World @ 42 cts = $84,000 Reason: In 3Q �06 earnings surged 77.2% YoY even after accounting for a tax expense of RMB5.7m (versus none a year ago). On a sequential basis, earnings jumped 65.9%. Seems like a speeding train. PE @ 10X earnings this year = 80 cts stock price Upside expected: 90% |
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bullrun4ever
Senior |
03-Feb-2007 21:55
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Well said Bullrun! There is nothing to be happy about now because the BEST IS YET TO COME!!! Bravo! |
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BullRun
Elite |
03-Feb-2007 16:16
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bullrun4ever, There is nothing to be happy about now since Best World is still trading way below its fair value. The Best is Yet to Come! |
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bullrun4ever
Senior |
03-Feb-2007 04:18
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Bull run...where are you..aren't you happy that BW is going UP, UP and UP? Or you have already expected it? Well Done!!! |
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bullrun4ever
Senior |
02-Feb-2007 22:02
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Bullrun is like Warren Buffet in Sharejunction! Only those who sees value will follow the same path as him....and be rewarded in the long term. | ||
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Stockking
Master |
02-Feb-2007 19:51
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This hidden gem finally starts to shine again!! | ||
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bullrun4ever
Senior |
02-Feb-2007 15:59
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Best world up 4c to 84.5c now!!! This is a gem!!! Bullrun...you are the man!!! |
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Nokita
Senior |
02-Feb-2007 03:38
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Bullrun, i like Best World the best too.... Valuation is very attractive, the underlying business fundamentals are sexy - lots of cash generated, no problem with debt collection, a highly scalable business (opened in Taiwan & HK in 06 and soon China, for example) GK-CIMB : Maintain Outperform, valuations compelling at 6x CY07 P/E. We maintain our $0.90 target price, set at 12x CY06 P/E. Valuations are compelling when one considers the cash backing of 12cts/share, the business?s ability to generate cash and the attractive prospective yield of 5.7% for CY06. Phillip Securities: Rolling over valuation to FY07 and applying an undemanding 10x PER, we derive our price objective of S$0.975. This is further supported by our DCF model that is based on very conservative assumptions (WACC 12.0%, LT growth ?1.0%). Upside potential is an enticing 57%. Maintain Buy. SBI E-2 : Maintain BUY with a target price of S$1.00. We believe that BWL is on track to meet our full-year net profit forecast of S$11.7m (+38% YoY). We expect momentum to continue into FY12/07F to hit net profit of S$15.8m (+35% YoY). BWL is trading at 8.8x FY12/06F and 6.5x FY12/07F P/E, compared to peers? average of 18x FY12/06F and 16x FY12/07F P/E. We maintain BUY on BWL with target price of S$1.00, pegged at 14x FY12/06F P/E. This offers a 61% upside potential. |
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BullRun
Elite |
01-Feb-2007 23:37
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bullrun4ever, I vested in few other undervalued conpanies but I like BW the most. I strongly believe that The Best is Yet to Come. My latest finding is this :
Address: Shaoshan North Road, Changsha, Hunan. Look like this is a big step towards entering the CHINA market!! I'm sure more good news are on the way!! |
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bullrun4ever
Senior |
01-Feb-2007 23:30
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Bull Run, I agree with you...even 80c is still undervalue! $1.20 should be the FV! You must be working in the finance related industry? Give me some tips what other stocks do you recommend... Cheers! |
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bullrun4ever
Senior |
01-Feb-2007 20:50
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Bullrun, Well done, you seem to have done a lot of research! Which other stocks would you recommend to buy?? Thanks! |
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BullRun
Elite |
01-Feb-2007 19:25
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Even at 80 cents, Best World is still way undervalued! Just take a look at how fast they are expanding in Taiwain....only few months in Taiwan and you look at how fast they have penetrated into Taiwan market! www.bestworld.com.tw/Traditional/training_schedule.htm The Best is Yet to Come!! |
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bullrun4ever
Senior |
01-Feb-2007 17:54
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ah tan, when the result is good and price will go up naturally! BW is never a high volume player, if you look for volume, look somewhere else... Bullrun, Collected alot of ang pow money already yeah....hee hee... |
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cashiertan
Elite |
01-Feb-2007 17:24
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the volume is disapointing.. guess major player not in yet.. so there is a risk of unsustainable price upwards.. do trade with care | ||
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jackjames
Elite |
01-Feb-2007 16:44
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wow.. break 0.80 .. impressive.. guess the results must be really good.. | ||
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bullrun4ever
Senior |
01-Feb-2007 05:23
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Bullrun..you are the BEST!!! | ||
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