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THE BEST IS YET TO BE
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battledome64
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27-Feb-2007 09:37
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looks like its losing steam | ||
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BullRun
Elite |
26-Feb-2007 19:33
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Mean Target Price....$1.25! http://www.businesstimes.com.sg/stockpicks |
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Stockking
Master |
25-Feb-2007 12:55
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Still waiting for the report update from Phillip......... | ||
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BullRun
Elite |
23-Feb-2007 23:26
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Best World (BEST SP): Strong earnings momentum continues - BUY (unchanged).......by: SBI E2-Capital Securities Ltd.
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Nokita
Senior |
22-Feb-2007 22:44
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Who is DORA HOAN, co-founder of Best World? article published in year 2001, and was sent to me by someone. excerpts: SHE WAS a university graduate who held a senior post in a company - marketing manager. And she was married with a daughter. At 37, Ms Dora Hoan quit her job, pulled out all the $100,000 she had saved and started a business selling cosmetics and health supplements. Today, her company, Best World Group, makes $15 million in sales a year. "I was born with an entrepreneurial spirit," she said passionately. "Even when I was working for people, I felt the companies were mine as I was very committed." Ms Hoan is not just a rare graduate-turned-entrepreneur but also the newly-appointed president of ASME, the 500-member association of SMEs. Mr Robson Lee, a partner with law firm Shook Lin & Bok and a council member of Asme, said: "I find she has a tremendous amount of energy for the small and medium-enterprise movement. For example, she was the primary mover behind a Mandarin-speaking chapter of the association that came about last year." She picked up business sense from her father, who ran a furniture shop, and her mother, who operated a small outfit that made mattresses. Her parents made enough to be able to move from an attap house in a kampung in Aljunied to a Geylang shophouse. Many years later, the parents and their seven children upgraded to a terrace house in MacPherson. While the family's fortunes were improving, Ms Hoan was struggling through school, academically and socially. She was shy and constantly bullied by the girl sitting next to her in class. Her grades were mediocre until she reached Secondary 4, when she found geography lessons fascinating, thanks to her teacher. "She told many stories to teach geography and made class so interesting." Ms Hoan remembered the effects on her: "The first test, I scored 95 marks. She said I was intelligent and patted me on my shoulder. From that moment, I knew I was not stupid." She went on to score three As in her A-level exam and was accepted into Nanyang University, where she majored in history. To boost her job knowledge, she enrolled in a part-time accounting course in a private school. Around then, she discovered the power of direct selling, which was to become the key to her business success later. "A colleague said she made $500 in a day selling Tupperware. I thought, wow, that's what I made in a month. I decided to sign up for direct selling too." In the first week, she sold Tupperware worth $3,000. "I was the top sales girl for the week," she recalled. Shortly after, the company where she worked full-time - and which made cosmetics - teetered on the verge of closing down. She persuaded her boss to switch to direct selling through freelancers. The company did well enough to stay open for another six years and she was promoted to sales manager. One day, it was razed by fire but did not have insurance proceeds to rebuild it. Ms Hoan said: "I was so disappointed. All my seven years of effort were wasted. I felt tired too." She decided to stop working full-time to raise her daughter who, today, is a 19-year-old law undergraduate. When Ms Hoan rejoined the workforce two years later, in 1986, she became a marketing manager at a cosmetics company. As a reflection of her marketing prowess, the sales during her four years there soared from $50,000 a month to a remarkable $1 million a month, she said. Her distributors grew from 11 to over 400. In 1990 she decided to take off on her own - with a business associate, Ms Doreen Tan, who owned a beauty centre in Ang Mo Kio. As her business boomed, she decided to boost her management knowledge. So, at an age when most people have long stopped formal learning, she enrolled in a Master's in Business Administration course at the National University of Singapore. She completed it in 1997, when she was 44. |
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Stockking
Master |
22-Feb-2007 22:16
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The low volume indicates that the selling should end very very soon....still remember many punters take profit immediately after the result announcement....the stock bounced back on the very same day! My guess is that the big boys are in the process of accumlating again...once they collected enough, breaking the $1 resistant should be a piece of cake! | ||
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Stockking
Master |
22-Feb-2007 19:05
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Volume dropped a lot today and share price stable...Look like all getting ready to see Best World breaking the $1 resistant!! | ||
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dar10nian
Member |
21-Feb-2007 22:45
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thanks to all for their postings and advice. Here's to $1/- in the near future.Vested. | ||
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Stockking
Master |
21-Feb-2007 22:43
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Huge surge in price.....well support buy the strong volumes!! |
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Nokita
Senior |
21-Feb-2007 21:40
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Best World is not just about strong profit growth year after year. If you study its cashflow statement, you'd realise that this business generates a lot of cash - CONSISTENTLY. No need for accounting tricks to boost net profit. The business is not burdened by debt that may not be collectable, or which can only be collected after many months. And, equally important, this is a low capex business. its IPO was in June 2004 @ 25 cts (adjusted for bonus issue). As earnings marched upward, so has its stock price. Today, it's 93.5 cts -- a 274% return. Awesome! =========================================== FY03: Net profit was $3 m ( up 165%. great growth from a low base) net cash from operations was $3.6 m ( it's positive cashflow! great!) FY 04: Net profit was $5 m ( wow, up 69%) net cash from ops was $4.8 m ( amazingly strong; so close to the net profit figure) FY 05: Net profit $8.5 m ( wow, up 68%) net cash from ops was $5.6 m ( good!) FY 06: Net profit $11.9m (wow, up 40%) net cash from ops was $12.7 m ( wow!) |
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BullRun
Elite |
21-Feb-2007 19:07
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As I have mentioned many times, value investor just need to sit back and relax...because the best is yet to come. Even at current price, Best World is still way undervalued! | ||
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bunbun
Senior |
21-Feb-2007 17:28
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almost forgot this baby. closed at 94 cts! whoppeeeeeeeeeeeeeeeeee!!!! *big grin* congrats to all those vested :) |
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BullRun
Elite |
20-Feb-2007 09:40
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Nokita, Those are great numbers for a company of Best World's size....THE BEST IS YET TO COME! | ||
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Nokita
Senior |
19-Feb-2007 22:19
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007 wrote: The most attractive feature right now is that the China, Japan, Korea, Australia and India markets can add up to be >>>>100x the SGP market!! |
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Stockking
Master |
18-Feb-2007 22:27
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Still waiting for analysts update report from Phillip and SBI...can anyone who has these information post the summary here...Thanks. | ||
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BullRun
Elite |
18-Feb-2007 11:26
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bullrun4ever, BEST WORLD is the BEST! But the best is yet to come! If all go well, BW profit should grow by 100% by 2009 and 400% by 2012. This is assuming no valuation upgrading and no major M&A activities.. The potential return including these and the div could way exceed those estimates! | ||
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singaporegal
Supreme |
17-Feb-2007 23:05
Yells: "Female TA nut" |
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Hard to tell the trend... but I feel that it is more likely on an uptrend than a downtrend. | ||
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bullrun4ever
Senior |
17-Feb-2007 21:18
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Bullrun..You are the BEST! | ||
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BullRun
Elite |
17-Feb-2007 18:56
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Just sit back and relax. Don't have to look at the day to day price variations. The rewards for long term value investing is so going to be great. The best is yet to come! | ||
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battledome64
Member |
17-Feb-2007 11:33
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Grow old with me. The best is yet to be! Robert Browning | ||
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