Best World

In my years of investing I don't believe and rely on technical charting. If you believe in your stock picks (based on fundamentals), stay the course till you reach your target price. Patience will be key.

lotustpsll wrote: In my years of investing I don't believe and rely on technical charting. If you believe in your stock picks (based on fundamentals), stay the course till you reach your target price. Patience will be key.

Have to agree with this. It was shooting star on Friday morning...many fearful investors following the shooting star but for some reasons the shooting star change direction in the afternoon..

Surprised that shortist did not try to short Bw today!

Still no action from the shortist... :(u

Shortist got caught this time round...

Strong investor interest at last night's presentation:



Management's outlook is positive. China direct-selling licence is on the way. China market will be much bigger than No.1 market currently which is Taiwan.

Management reiterated that 1Q is seasonally the weakest because of CNY (2 weeks holiday taken by BW distributors in Taiwan).

Yet 1Q this year showed net profit of S$6 m. 4Q is seasonally very strong because of year-end spending and distributors step up selling to meet targets.

So...2016 set to be a great year. No brainer.

Record Q2 in already a known fact.