Chart wise ,looks super bearish!
Breaking down of 1.50 level I think it may dive towards 1.24 then 94 cents with extension to 64 cents !
Not a call to buy or sell.
Pls dyodd.
12th April 2019
For those that has opened their short selling from 3.30 would be laughing all the way to the bank!
Today it has broken the support level at 1.88 and 1.80 level to close at 1.77, looks super bearish!
Short term wise, it may likely continue to trend lower!
Pls dyodd.
8th Feb 2019
Pretty impressive running up!
Will it continues to cross over the recent high of 3.33!
It seems that bull is still trying to push it higher!
Pls dyodd.
8th Feb 2019
It has continued to rise further and closed higher at 3.30 level.
I think the speed of rising for this kind of scenario is not going to last. Retracement may happen any moment.
I won't be chasing but would be looking at opportunity to take advantage to go short .
I think is good to lock in your profit .
Not a call to sell or buy.
Pls dyodd.
8th Feb 2019
I think the danger is lurking!
High can go even higher. That is the mystery answer!
The current price of 3.19 is trading at All-Time-High.
I think price is hovering far away from its SMA lines which may likely retrace any moment.
Is good to be extra cautious and don't chase blindly!
The volume is low yet the price keep heading higher. RSI is entering into super overbought territories.
NAV is 0.279.
P/B is 11.41x
PE 26x
Dividend of 4.1 cents, Yield of 1.28%
Short term wise, I think it may likely Gap down and retest 2.88 level then 2.66.
Breaking down of 2.66 would be super bearish and may likely go down to revisit 2.35 level then 2.18.
With this kind of price, I would rather switch to SingTel the solid blue chip counter which is giving me a yield of 5.7%.
Not a call to buy or sell.
Pls dyodd.
Best World International Limited develops, manufactures, and distributes skincare, personal care, nutritional, and wellness products. The company operates through Direct Selling, Export, and Manufacturing/Wholesale segments. It offers inner harmony products, including Avance for digestive health, circulatory health, natural resistance, rejuvenation, and oral care; and Optrimax weight management products. The company also provides outer harmony products, such as DR’s Secret range of products for complexion; Miraglo that removes impurities on the skin surface; Aestier for wrinkles, fine lines, and loss of firmness; and PentaLab personal care products. In addition, it offers lifestyle harmony products comprising ÜberAir, a series of air-enhancing equipment. Further, the company manufactures and distributes the Aurigen line of supplements through drugstores. It operates in Singapore, Thailand, Taiwan, Indonesia, Malaysia, Vietnam, Hong Kong, China, Korea, the Philippines, Myanmar, and Dubai. Best World International Limited was founded in 1990 and is headquartered in Singapore.
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