Best World

No news is good news?

They had a rah-rah celebration of their Silver Jubilee recently. Even managed to get DPM to grace the event. After this, everyone will cheong, ah!

While direct selling license in china looks exciting, many do not realize that Best World is just applying for a small county.

Secondly, the combined salaries of 2D and COO between $2.6m to $3.2m seems too high for a small cap with just $4m net profit.

Any update on the license application in China?

Best World 25th anniversary -- video of highlights. Can you feel the luv ?

Interim dividend is 0.5 cents, compared to 0.3 cents in 2014.

In this 25th anniversary year of Best World, its sales and, more importantly, net profit are rebounding. NP is $2.1 m in 2Q compared to 758K in 2Q14.

Net margin is v respectable at 10.0% vs 4.1%. This 10% net margin is close to that achieved in the late 2000s.

Net Profit Margin (NPM) :
FY2007 = 13.2%
FY2008 = 11.1%
FY2009 = 13.3%
FY2010 = 4.9%
FY2011 = 0.7%
FY2012 = 3.7%
FY2013 = 3.5%
FY2014 = 5.4%