With reference to my 19 Sep 2018 write-up (click HERE), Best World has appreciated approximately 147% from $1.35 on 19 Sep 2018 to touch an intra-day high of $3.33 on 13 Feb 2019. At that time, Best World has dropped out of my watchlist after its incredible rally. However, with its recent 47% tumble from its all-time intra-day high $3.33 on 13 Feb 2019 to trade $1.76 on 12 Apr 2019, it seems interesting again. Is this a buying opportunity or falling knife?   Why is it interesting? a) Valuations are more attractive now Based on Bloomberg (see Table 1), Best World trades at 10.8x and 11.3x FY19F and FY20F earnings respectively. This compares favourably with the sector average of 17.1x and 14.2x FY19F and FY20F earnings respectively. Its 10.8x FY19F earnings is also low vis-à-vis its 10-y

Best World International Limited (SGX: CGN) is one of the three companies to buy back its shares this week.

I've been keeping it inside my (war)-chest for a long time now.And finally I've got to just let the cat all out of the bag today.Retiring in Singapore demands a high level of both savings and income and this needs to be at least in the 8 digits figure. If you are short of that, you better get your way around working until retirement before thinking about the time you can do with retirement.I mean just look at the Me & My Money Series sections over the past few weeks and you get the idea.Folks are aiming high to become a multi-millionaire and they are stretching themselves by getting there earlier and faster.Investing in equities has been one of the most riskiest, silliest and slowest decision an investor could ever make. I mean think about it this way. You put a large sum of capital in

A quick analysis of the quality of Best World International Limited's (SGX:CGN) earnings.

Best World International Limited's (SGX:CGN) share price has been on a roller-coaster run. Let's look at the key developments and what investors should do now.

High flying stock, Best World International Limited (SGX: CGN) continues its recent run of growth.

Before Best World stock announces FY 2018 results, Ein55 students could project this positive results many months in advance as the company hassustainable growing business. So, Best World management is smart to announce the corporate news (reply to Business Times) before good 2018 corporate results. When the fear is gone, as long as global stock market is strong, Best World stock has chance to recover again above $3/share as most people are greed & fear driven in stock market. Valuation of Best World stock is not so much based on asset approach (unlike property or bank stocks), it is more on future earning capability, as well as 10X market potential in China. Currently both China and Taiwan markets contribute to bulk of earning. Best World stock has recovered in share prices

Sales of DR’s Secret in China: Best World’s best-kept secret? The Business Times on 18-Feb-2019 morning published an article titled “Sales of DR’s Secret in China: Best World’s best-kept secret?” (link) which sent the share price of Best World International down nearly 17% in about 2.5 hours after market open, followed by a trading halt for […] The post Best World’s Response to the BT article appeared first on SGX Observer.

You give some people whose job is to invest money, and by a lot of standards they are good at it.  Shockingly only 49% of their picks made money. Some of them was successful only 30% of the time.  At the end of these, almost non of them lost money. They still made a lot of money out of it.  I think this was the part of the article that caught my attention.  The main reason is that it is something that is not often explain in a book, or by course trainers, or in video how to navigate this problem.  A lot of the stocks that you come across will look like they are the best picks.  Some of these, you didn’t do the prospecting yourself. You followed someone you assessed as an astute investor (and correctly so by all measure), yet after 5 years, your results l

It was a rough year for the Singapore stock market in 2018, with most stocks seeing red. Despite the negative sentiments, there are stocks that have managed to tide through the volatility and shown overall growth. We look at the price of stocks that are more than 20 Singapore cents (minimum trading price), based on market opening on 2 January 2018 and market close on 28 December 2018. Here are the top 10 best-performing stocks listed on the SGX in 2018. Read Also: Step-By-Step Guide To Investing Better Using StockFacts #10 PCI Limited (SGX: P19) Opening price per share on 2 Jan 2018 = 0.770 Closing price per share on 28 Dec 2018 = 1.060 Percentage change = 38% #9 Cityneon Holdings Limited (SGX: 5HJ) Opening price per share on 2 Jan 2018 = 0.940 Closing price per share on 28 Dec 2018 = 1.30

Notwithstanding the sea of red in the equity markets for the past couple of days, these two stock charts caught my attention. They are Best World and Tencent.   Best World – retreats back to double bottom neckline Best World has dropped 9.2% from an intra-day high of $1.52 on 4 Oct 2018 to close $1.38 on 11 Oct 2018. Based on Chart 1 below, Best World is retreating back to its double bottom neckline of around $1.39. This seems to be a classic “break and re-test” resistance turned support pattern. There is a confluence of supports (50D, 100D and 200D EMA) which increases the probability of the neckline holding. With the exception of 20D EMA, the other EMAs are rising with golden cross formations. Overall, the chart still looks positive despite the 9% slump and the eventual technical

This week, Best World has caught my attention. Why is it interesting? a) Chart seems to be in the midst of a double bottom formation Best World has fallen 29% from an intraday high of $1.90 on 19 Mar 2018 to close $1.35 on 19 Sep 2018. It has been trading in a range $1.20 – 1.39 since 15 May 2018. Indicators are mixed with MACD and RSI exhibiting bullish divergences during this period. Except for 200D EMA which is levelling, all other EMAs are rising. 20D has already formed a golden cross formation with 50D EMA. Best World has closed four out of the five trading sessions above its 200D EMA (currently around $1.34) which is the first time since 15 May 2018. Volume has been increasing since late Aug, especially on “up” days (i.e volume is higher on those days when Best World trades hig