Best World International

Broker's Calls

Is this the best time to buy into Best World?

SINGAPORE (Feb 28): Analysts are divided over Best World International, as the group announced a 29% increase in earnings to $28.1 million in the 4Q18 ended December amid news that it plans to conduct an independent review on its business and accounting p

Results

Best World posts 29% rise in 4Q18 earnings of $28.1 mil; proposes final and special dividend

SINGAPORE (Feb 27): Best World International, which has ordered an independent review of its business and accounting practices after questions were raised about the lack of clarity on how its franchisees operate in China, reported 4Q18 earnings rose 28.9%

Company in the news

Best World shares slide over 20% after weekend announcement of independent review

SINGAPORE (Feb 25): Shares in Best World International have plunged as much as 58 cents, or 21.4%, to $2.13 upon opening this morning on news that the group would be conducting an independent review on its business and accounting practices.

Hot Stock

Best World up another 4.3% after SGX query on Thursday

SINGAPORE (Feb 8): Shares in Best World International are up another 4.3% or 14 cents at $3.18 at 2.40pm on Friday after closing 8.6% higher at $3.04 a day earlier.

In print this week

Best World's and Beauty Community's high-margin MLM model draws investor interest

SINGAPORE (Dec 3): Best World International, which sells a little-known brand of skincare through a multi-level marketing (MLM) scheme, saw its share price rocket from just $1.21 on Aug 21 to $2.27 on Nov 22. That’s because its business model is very a

Results

Best World reports more than doubling of 3Q earnings to $30 mil on new franchise segment; proposes special dividend

SINGAPORE (Nov 8): Best World International saw its earnings jump 145.3% to $29.9 million for the 3Q18 ended September, from $12.2 million a year ago.

In print this week

Smaller club this year, but with new entrants

SINGAPORE (Sept 21): There are quite a number of new entrants to The Edge Billion Dollar Club 2018 rankings this year, as more companies became eligible for scoring.

Results

Best World 2Q earnings drop 24% to $9.1 mil on lower revenue; declares 1.2 cents interim dividend

SINGAPORE (Aug 7): Best World reported 2Q18 earnings dropped 23.7% to $9.13 million from $12.0 million in 2Q17.

Broker's Calls

Best World cut to 'fully valued' on weak 1Q results and Taiwan market worries

SINGAPORE (May 15): DBS Group Research is downgrading Best World International to “fully valued” after slashing its FY18F earnings projections by 18% to account for slower growth in China and weakness in Taiwan.

Results

Best World posts 40.6% drop in 1Q earnings to $5.8 mil on conversion from export to China wholesale

SINGAPORE (May 14): Best World International saw a 40.6% drop in 1Q18 earnings to $5.8 million from $9.7 million a year ago.
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