Best World

SINGAPORE (Apr 24): The Singapore Exchange Regulation (SGX RegCo) says that it is aware of the short-sell reports on Best World that was published earlier today, which led to a 9.0% plunge in Best World shares to close at $1.62 on Wednesday.

SINGAPORE (Feb 28): CIMB is upgrading its call on Best World to “add” from “hold” previously with an increased target price of $1.70.

SINGAPORE (Aug 23): Maybank Kim Eng is maintaining its “buy” call on Best World International with an unchanged price target of $1.88, which is pegged to 19 times FY18E earnings per share (EPS) estimate of 9.9 cents.

SINGAPORE (Aug 15): Best World International has issued a statement to address potential investor concerns regarding market concerns arising from China’s State Administration for Industry & Commerce (SAIC) Monday announcement of its intention to crack d

SINGAPORE (Jan 16): CLSA is starting coverage of Best World with a target price of $2.50.

SINGAPORE (Nov 21): Maybank Kim Eng is remaining bullish on Best World International with a “buy” call and a target price of $2.16, after the latter won approval of its direct selling licence in China.

SINGAPORE (Nov 21): Best World International has been recognised by China’s Ministry of Commerce (MOFCOM) as the latest addition to the list of direct selling companies in China on its website, says the group in a release last Thursday.

SINGAPORE (Nov 7): CIMB is reiterating its “add” call on Best World with a higher target price of $2.21 from $2.05 previously, after the direct-selling company posted 3Q earnings of $8.9 million, which was more than double from a year ago.

SINGAPORE (Nov 7): Here are some factors and stocks that could move the market this Monday morning:

SINGAPORE (Nov 4): Direct-selling company Best World reported 3Q earnings more than doubled to $8.9 million from a year ago from higher sales from direct selling.