Best World International

Broker's Calls

Best World unfazed by pyramid crackdown in China but strategy change in Taiwan pulls it down

SINGAPORE (Nov 10): Best World on Wednesday announced its 3Q17 earnings increased 36.4% to $12.2 million from $8.9 million a year ago, on lower expenses.

Results

Best World posts 36.4% growth in 3Q earnings to $12.2 mil on lower expenses

SINGAPORE (Nov 8): Direct-seller Best World International has announced a 36.4% rise in earnings of $12.2 million for the three months ended Sept, up from $8.9 million a year ago on lower expenses.

Broker's Calls

Best World shrugs off pyramid selling crackdown, continues pursuing China dream

SINGAPORE (Sept 7): CIMB is reiterating its “add” call on Best World International (BW) with a target price of $1.80 given China's campaign to crack down on pyramid schemes is having little to no impact on the group.

Hot Stock

Best World bounces back after company, CEO and president scooped up shares

SINGAPORE (Aug 18): Shares in Best World International, the manufacturer and distributor of skincare and wellness products, surged 15.5% to close at $1.20 on Friday after its two co-founders and the company bought back shares in the open market.

Broker's Calls

Best World denies it’s a follower of Bernie Madoff’s methods

SINGAPORE (Aug 16): CIMB is reiterating its “add” call on Best World International with a target price of $1.80 given the stock underwent a price retracement after Tuesday’s negative news.

Results

Best World posts 63% rise in 1H earnings to $21.7 mil, raises dividend payout to 40%

SINGAPORE (Aug 7): Best World International announced earnings of $21.7 million for the 1H17 ended June, surging 62.7% from $13.3 million in earnings reported in 1H16 on higher revenue and lower distribution costs.

Broker's Calls

Best World kept at 'add' by CIMB on strong China sales growth

SINGAPORE (July 20): CIMB continues to rate Best World International an “add” with higher target price of $1.70 given nearly half of 1Q17 sales for the group came from China.
From Bloomberg

Best World, Hanwell and Food Empire the top 3 consumer staples stocks

SINGAPORE (June 27): Best World International, Hanwell Holdings and Food Empire Holdings are the three strongest performers among the 20 Consumer Staples stocks in 2017 YTD.

Broker's Calls

Growth opportunities abound for Best World beyond China

SINGAPORE (May 22): DBS Vickers Securities continues to rate Best World International at “buy” with an adjusted target price of $1.65 after hosting the developer, manufacturer and distributor of skincare and wellness products’ non-deal roadshow (NDR

Results

Best World 1Q earnings up 63% to $9.7 mil on revenue growth

SINGAPORE (May 9): Best World International reported 1Q17 earnings of $9.7 million, representing a 63.1% increase from the $6 million reported in the previous year on higher revenue.
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