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全美世界, 世界全美From 5ER to CGN
As I pen down the daily buyback and stock purchase by bwl/Dora/Doreen/LSC,
I thought of starting a new thread to express my gratitude to valuebuddies and especially Boon in shaping my learning experience.
However, I'm mindful of the difficult decision that CY09 and weijian made to cool down the heat.
I thought, since I had been roaming here with maximum freedom,
I could just start a new thread here with Bestworld as thread title?
or not?
I think and think and then decided that it's not nice (to moderator).
So, instead of a new thread, it's just another ordinary post in my journey documenting down
what I see, what I hear, what I felt.
Of course, my appreciation to all valuebuddies whom selflessly shared your great ideas.
Thank you.
"All stable processes we shall predict. All unstable processes we shall control." - John Von Neumann
A) Seed by the guru
Adam Khoo (AK) is a great motivator and investor.
My earliest memory of BestWorld linked back to his analysis in term of
business, customer segment, financial, ratio and calculation of MOS.
However, my habit of not following a hot tips/stocks prevented me from dwelling into bwl
and missed it's first glory.
After that, bwl is a forgotten stock for many years.
B) Trigger point for investigation - FY12 Boon
link
During a random exploration, my eye blink blink seeing the un-believable:
1. Share price = SGD 18.60 cents
2. NAV = SGD 23.27 cents
3. Debt free
4. Cash per share = SGD 13.80 cents
5. Dividend yield = 6.50 %
6. Increase Rev% = 16.10 %
7. Increase NP% = 556.90 %
It's actually post #5 of BWL thread.
C) Analysis and conclusion
1. Read all past year AR -> it's a fallen eagle, consumer business aka great industry to be in.
2. Watch video clips of Dora -> super friendly, excellent motivator (similar to AK), travel a lot to build funnels and distributorship
3. Read SGX recent years announcement -> Indonesia tax issues is major risk and likely reason for low stock price. Construct my own risk assessment and concluded that it's not a issue. Formulated my entry plan.
4. Read Dora's book and immediately sync with her vision and passion for creating 全美世界, 世界全美.
D) Buying spree
1. Extremely low liquidity -> queue and queue and queue with SCB
2. Very boring job and really test my patients
3. Finally give up in early 2015 as it's no longer worth my effort
E) Momentum buildup in BestWorld thread in vb.com - mslee888
link
1. is bwl a MLM?
2. This is a rather innocent questions but I sense that bwl had started to cross the chasm.
3. Eureka. It had attracted the attention of the mass.
4. With a right explanation of MLM and in particular, bwl business model,
this little traction might be the beginning of pushing a snowball down the hill.
5. For those who still do not understand bwl operating under MLM,
do yourself a favour, read up bwl IPO or lawgazatte in MLM.
F) Take profit or buy more?
link
1. CF, weijian and Retired@52 replied #273, #279 & #286
2. Thank you very much for your input
3. weijian's view that zero cost/capital is only a "feel good" and free can be a very dangerous word, make sense
4. CF ack the mid to long-term benefit of China DS license
5. CF will review current fundamental and opportunity cost
6. Retired@52 sold 4 parts and re-invest in 4 other opportunities is a good simulation
7. I concluded that no action needed as there is no perceived risk in holding huge % in bwl and there are only one other opportunity which is more attractive than bwl. However, as bwl still have tremendous growth, I will not take profit
8. Thank you very much and my life go back to normal
G) grow-peak-decline cycle - d.o.g.
1. how long can this last? link
2. So what makes Best World special? link
3. Best World is in the "small" category where there is no obvious grow-peak-decline pattern but instead a wide variation in outcomes over the past 10 years. link
H) [ALERT] Financial engineering - weijian
link
1. bonus and stock split was announced and like every valuebuddies I was celebrating too
2. Do I really feel richer with the split?
3. Level 1 thinking says yes but level 2 thinking warned me that Dora is rushing for success
4. There is absolutely no need to resort to financial engineering
5. Dora should spend more time working with China team and focus on her works.
6. On Guard - I told myself and running thru various scenario ... forward planning
I) How did those PD in China being "created" under the "Export Model"? Ha-ha!
link
1. Prior to Boon's post, I was furiously reading and justifying bwl inventory for China DS/Export model
2. Scouting thru stock analyst reports, researcher DS brief, IE Singapore ppt etc
3. I paused immediately when Boon raised a innocent question on the creation of PD in China.
4. The question is not important.
5. Why did Boon end the question with Ha-ha!
6. Something is fishy...I take note and recorded the date: 12 June 2017
As I pen down the daily buyback and stock purchase by bwl/Dora/Doreen/LSC,
I thought of starting a new thread to express my gratitude to valuebuddies and especially Boon in shaping my learning experience.
However, I'm mindful of the difficult decision that CY09 and weijian made to cool down the heat.
I thought, since I had been roaming here with maximum freedom,
I could just start a new thread here with Bestworld as thread title?
or not?
I think and think and then decided that it's not nice (to moderator).
So, instead of a new thread, it's just another ordinary post in my journey documenting down
what I see, what I hear, what I felt.
Of course, my appreciation to all valuebuddies whom selflessly shared your great ideas.
Thank you.
"All stable processes we shall predict. All unstable processes we shall control." - John Von Neumann
A) Seed by the guru
Adam Khoo (AK) is a great motivator and investor.
My earliest memory of BestWorld linked back to his analysis in term of
business, customer segment, financial, ratio and calculation of MOS.
However, my habit of not following a hot tips/stocks prevented me from dwelling into bwl
and missed it's first glory.
After that, bwl is a forgotten stock for many years.
B) Trigger point for investigation - FY12 Boon
link
During a random exploration, my eye blink blink seeing the un-believable:
1. Share price = SGD 18.60 cents
2. NAV = SGD 23.27 cents
3. Debt free
4. Cash per share = SGD 13.80 cents
5. Dividend yield = 6.50 %
6. Increase Rev% = 16.10 %
7. Increase NP% = 556.90 %
It's actually post #5 of BWL thread.
C) Analysis and conclusion
1. Read all past year AR -> it's a fallen eagle, consumer business aka great industry to be in.
2. Watch video clips of Dora -> super friendly, excellent motivator (similar to AK), travel a lot to build funnels and distributorship
3. Read SGX recent years announcement -> Indonesia tax issues is major risk and likely reason for low stock price. Construct my own risk assessment and concluded that it's not a issue. Formulated my entry plan.
4. Read Dora's book and immediately sync with her vision and passion for creating 全美世界, 世界全美.
D) Buying spree
1. Extremely low liquidity -> queue and queue and queue with SCB
2. Very boring job and really test my patients
3. Finally give up in early 2015 as it's no longer worth my effort
E) Momentum buildup in BestWorld thread in vb.com - mslee888
link
1. is bwl a MLM?
2. This is a rather innocent questions but I sense that bwl had started to cross the chasm.
3. Eureka. It had attracted the attention of the mass.
4. With a right explanation of MLM and in particular, bwl business model,
this little traction might be the beginning of pushing a snowball down the hill.
5. For those who still do not understand bwl operating under MLM,
do yourself a favour, read up bwl IPO or lawgazatte in MLM.
F) Take profit or buy more?
link
1. CF, weijian and Retired@52 replied #273, #279 & #286
2. Thank you very much for your input
3. weijian's view that zero cost/capital is only a "feel good" and free can be a very dangerous word, make sense
4. CF ack the mid to long-term benefit of China DS license
5. CF will review current fundamental and opportunity cost
6. Retired@52 sold 4 parts and re-invest in 4 other opportunities is a good simulation
7. I concluded that no action needed as there is no perceived risk in holding huge % in bwl and there are only one other opportunity which is more attractive than bwl. However, as bwl still have tremendous growth, I will not take profit
8. Thank you very much and my life go back to normal
G) grow-peak-decline cycle - d.o.g.
1. how long can this last? link
2. So what makes Best World special? link
3. Best World is in the "small" category where there is no obvious grow-peak-decline pattern but instead a wide variation in outcomes over the past 10 years. link
H) [ALERT] Financial engineering - weijian
link
1. bonus and stock split was announced and like every valuebuddies I was celebrating too
2. Do I really feel richer with the split?
3. Level 1 thinking says yes but level 2 thinking warned me that Dora is rushing for success
4. There is absolutely no need to resort to financial engineering
5. Dora should spend more time working with China team and focus on her works.
6. On Guard - I told myself and running thru various scenario ... forward planning
I) How did those PD in China being "created" under the "Export Model"? Ha-ha!
link
1. Prior to Boon's post, I was furiously reading and justifying bwl inventory for China DS/Export model
2. Scouting thru stock analyst reports, researcher DS brief, IE Singapore ppt etc
3. I paused immediately when Boon raised a innocent question on the creation of PD in China.
4. The question is not important.
5. Why did Boon end the question with Ha-ha!
6. Something is fishy...I take note and recorded the date: 12 June 2017
感恩 26 April 2019 Straco AGM ppt https://valuebuddies.com/thread-2915-pos...#pid152450