Best World

https://www.facebook.com/media/set/?set=...781&type=3
 
2015 Revenue for BWL Taiwan exceeded TWD 1,200 million, and it had grown 140% (presumably compared to 2014).
 
Revenue for 2014 was at TWD 530 million – a 140% growth for 2015 implies a revenue of around TWD 1,272 million (~ SGD 53 million )

Wondering what is their 2016 target ? The growth momentum seems to be growing stronger ! Ha-ha!

Looking forward to FY2015 results announcement for the Group at the end of next month - results from the other markets would likely to be mixed  - with China, Indonesia and Singapore likely to perform better than the others - will see ! 
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(08-01-2016, 12:20 AM)Boon Wrote: https://www.facebook.com/media/set/?set=...781&type=3
 
2015 Revenue for BWL Taiwan exceeded TWD 1,200 million, and it had grown 140% (presumably compared to 2014).
 
Revenue for 2014 was at TWD 530 million – a 140% growth for 2015 implies a revenue of around TWD 1,272 million (~ SGD 53 million )

Wondering what is their 2016 target ? The growth momentum seems to be growing stronger ! Ha-ha!

Looking forward to FY2015 results announcement for the Group at the end of next month - results from the other markets would likely to be mixed  - with China, Indonesia and Singapore likely to perform better than the others - will see ! 
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2016年你準備好了嗎～讓我們一起攜手並肩，前進10強大！
 
It seems that their 2016 target is to become the top 10 direct selling companies in Taiwan.
 
2014 Revenue:
10th Ranked company = TWD 1.70 billion
BWL  Taiwan              =  TWD 0.53 billion
 
2015 Revenue:
10th Ranked company =       ???????
BWL  Taiwan              =  TWD  1.27 billion
 
Based on the 2014 ranking, we are talking about revenue of around TWD 1.7 billion. Achievable ? It would be nice if they could ! Ha-ha !  
 
http://blog.xuite.net/flyingstone/atomy/313802493-[font=ＭＳ 明朝]關於直銷[/font]...
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http://tw.bwlgroup.com/images/bulletin/2...-02_03.pdf
 
According to BWL Taiwan’s monthly bulletin, revenue for Taiwan in FY2015 came in at TWD 1,280 m and the target for FY2016 is set at TWD 1,800 m and to be the top 10 DS company in Taiwan. 
 
Taiwan Market Revenue
FY2014 = TWD    530 m
FY2015 = TWD 1,280 m (+ 141%)
FY2016 Target = TWD 1,800 m (and to be Top 10 DS company in Taiwan)
 
TWD 1,800 m ~ SGD 75 m (using SGD ~ 24 TWD).
 
SGD 75 m is roughly equivalent to the Group’s entire FY2014 revenue.
 
If BWL Taiwan could achieve its FY2016 target, many records at the Group level would be broken, including its group revenue record of SGD 102 m achieved in FY2007.
 
I think the granting of a DS license to BWL is matter of time, the earlier the better. But without a DS license, I believe its China revenue could still grow, though at a slower pace, via the Export channel and Wholesale/Manufacturing channel.
 
BWL operates in Taiwan, China, Singapore, Malaysia, Indonesia, Philippines, Vietnam, Korea, HK, Myanmar etc. Revenue could be growing in some markets while declining in others. It would be great if it could grow in leaps and bounds going forward. But even without growth, as long as yearly revenue and net profit margin could be maintained at above SGD 100 m and 10% respectively, there is still plenty of FCF that this business could generate.
 
Looking forward to the FY2015 result announcement on 25 Feb 2016 – hopefully with increase in DPS, ha-ha! 
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http://my.bwlgroup.com/Announcement/bulletin.pdf
 
“In this brand new year of 2016, we wish everyone a blessings and prosperous year of Monkey! BWL Malaysia has achieved 45% sales growth in year 2015 due to the hard work and constantly efforts through all management team, core leaders and satisfied customers! “
 
According to BWL Malaysia’s monthly bulletin (Feb 2016),  BWL Malaysia has achieved 45% sales growth in FY2015. It’s a pity that the final FY2015 sales figure was not given – probably in the range between SGD 3 to 6 million, I would guess – not a lot in absolute term if compared to Taiwan – nevertheless, a “growth” market in FY2015 –  Ha-ha!
 
Going forward, hopefully we could see more of these “growth” markets – other than the Taiwan and China markets.
 
Malaysia revenue (SGD)
1H2014 = 1.141 m
2H2014 = not disclosed 
1H2015 = 1.818 m
2H2015 = ?????
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Funny - just like last quarter, a big move takes place right before results. If last quarter is anything to go by, results should be a blowout.

I am new to this best world company.
Is it a MLM kind of business?

Thanks

(24-02-2016, 09:24 AM)chialc88 Wrote:

(22-02-2016, 05:01 PM)mslee888 Wrote: I am new to this best world company.
Is it a MLM kind of business?

Yes.
BWL is a Legitimate MLM Business in Singapore.
You can refers to page 65 of their IPO which stated that it's govern under MLM Act 2002.

Further reading on MLM Singapore from lawgazette:
http://www.lawgazette.com.sg/2002-11/Nov02-focus2.htm



[vested, and I take note of recent surge in activities]

Love Compassion

Thanks for the info. Very profitable company, may be due to lower operating costs compared to other business due to its MLM nature.

BWL was a very old stock - favourite of AK many years ago.

Dora's stories is also very touching too.

First time, thinking of buying was due to an article in NextInsight (Dora donation):
http://www.nextinsight.net/index.php/sto...er-3-years

From my journal, I slowly slowly pick up BWL from Dec 2013 until Mar 2014 and then stopped because it's increasingly difficult to buy.
(P.S. my habit is to queue at lower buy price and someone will sell to me
likely due to this article in NexTInsight (Sam Goi buying):
http://www.nextinsight.net/index.php/sto...ernational

I think BWL is a company with a good heart.

Love Compassion

(24-02-2016, 11:03 AM)chialc88 Wrote: I think BWL is a company with a good heart.

Love Compassion

Hi Chialc88

Perhaps you could share with us why you think BWL is a company with a good heart. My (biased) opinion of MLM is that normally, they are focused more on selling than on the product. Of course I also learned from John Hempton that perhaps the support group is equally important if not more important part of the process.

BEST WORLD: Margins More Than Skin Deep
21 January 2016
http://www.asiafundspace.com/pages/view_...letin/1211
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