Best World
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8 years 5 months ago #23019
by lotustpsll
Stunning and mind blowing. SGX regulators have got their answer on why the strong run on its share price. To those who are vested enjoy and stay on this ride. We may have a super growth stock in the making!.
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8 years 5 months ago #23021
by Garak
Best World: Blowout 1Q16 despite being traditionally the weakest quarter.
- Net profit spiked from a low base of $0.2m to $6m on operational leverage.
- Revenue ballooned 161% on continued growth momentum in Taiwan (+353%), Indo (+200%) and China (+242%).
- Net cash/share slipped marginally to 21.2¢ (4Q15: 21.5¢), mainly on inventory build up in anticipation of increased orders.
- Fair value on trailing basis between $0.99-$1.15 (12-14x P/E).
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