Best World

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14 years 8 months ago #3200 by Dongdaemun
Replied by Dongdaemun on topic Re:Best World
Up 1 ct to 30 cents. On the way to 40 cents? At 40 c, and a 2.2 cent div, like last year, the yield would be 5.5%. Very good yield, being paid to wait while the business recovers to its full strength and the stock price gets up to an exciting level.

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14 years 8 months ago #3203 by Bestworld
Replied by Bestworld on topic Re:Best World
40 cents should be an easy target if Best World can maintain Q4 performance into FY10....but 40 cents is not great. To be a great company, more need to be done!:P

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14 years 8 months ago #3208 by neontet
Replied by neontet on topic Re:Best World
700,000 shares bought at 31 cents - first trade this morning. Who shelled out $217,000 just like that? Must be boutique fund. Or High Net Worth Individual. Silky is that you? Or erelation? Anyone buying that amt at one pop must be looking at at least 40 cents for the stock price to go up to ..... :cheer:

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14 years 8 months ago #3210 by Bestworld
Replied by Bestworld on topic Re:Best World
Good volume, ali eyeing on the 36m CASH!:P

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14 years 8 months ago #3241 by Bestworld
Replied by Bestworld on topic Re:Best World
Volume has been very strong over the last 2 weeks. Based on the decent Q4 performace, should continue to head towards 50c. Still hope to hear some good news regarding how they going to deploy the 36m CASH...!!:P

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14 years 8 months ago #3242 by Dongdaemun
Replied by Dongdaemun on topic Re:Best World
This is an undervalued stock with a strong balance sheet, huge cash position (net cash of S$36mn) and the low PER of about 6 times. I read from NRA Capital boss\' blog that Best World met up with analysts and fund managers a few days ago. So maybe some of them got reassured, and are willing to bet on this too-low-to-worry-about stock.

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