Best World

Val
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Elite Member

11 years 1 month ago #13715 by Val

Replied by Val on topic Best World

good one gangho, it means the 1Q profit will be boosted.

btw, U noticed buying of the warrants again today?

10:35:09 0.020 1,000
10:03:41 0.010 490,000
10:03:24 0.010 500,000

The exercise price is 30 cents. The buyer has less than 3 months to see that the stock rise above 30 cents. He must be supremely confident of that happening. Otherwise, why buy the warrants?

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Joes
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11 years 1 week ago #13857 by Joes

Replied by Joes on topic Best World

Best World has done very well since the start of 2013 when it was at 18 cents. Today it touched 24 cents for a 33% gain for the year.

The warrants are due to expire on July 5 this year. Just 2 more months to go.

I think the warrants will simply go unexercised as I don't expect the stock to clear 30 cents by then. The stock must clear 30 cents as that is the exercise price of the warrants.

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Bestworld
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11 years 1 week ago #13858 by Bestworld

Replied by Bestworld on topic Best World

High chance that share price will continue to move up once the warrants expire!

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pine
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11 years 5 days ago #13937 by pine

Replied by pine on topic Best World

Like Joes posted before, it's very strange that anyone would buy the warrants of Best World now. Just ~ 8 weeks to go before expiry (July 2013).

The warrants are out of the money currently. Their exercise price is 30 cents. Stock price is 24 cents.

Unlessssss....someone knows something we all don't know

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Joes
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11 years 5 days ago #13944 by Joes

Replied by Joes on topic Best World

The 1Q results should be good. Let's wait a little while. In the FY2012 statement, the CEO did hint of better results:

“We expect growth to come from several markets including Taiwan, Korea, China and Philippines, and will set aside more resources to expand our presence in these markets. Tapping on the wealth of experience accumulated, we shall deploy various successful marketing and brand awareness strategies to enhance our customer mindshare."

info.sgx.com/webcoranncatth.nsf/VwAttach...ease.pdf?openelement

You can also see in the statement that the 4Q profit was nearly S$2 million while the whole year was S$1.8 m. The 4Q was a sharp turnaround!

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gangho
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11 years 4 days ago #13947 by gangho

Replied by gangho on topic Best World

Yes, Best World should be a great pick for 2013. I thought price may dip when it went

but didn't, showing accumulation in process.

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