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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.
November 10, 2017
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.
November 08, 2017
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.
September 07, 2017
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.
August 18, 2017
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.
August 16, 2017
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.
August 07, 2017
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.
July 20, 2017
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.
June 27, 2017
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
May 22, 2017
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.
May 09, 2017