Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Best World
14-05-2017, 06:36 PM, (This post was last modified: 14-05-2017, 06:40 PM by chialc88.)
Post: #461
Rainbow  Best World Blue Ocean Strategy - Dr Hoan
Happy Mother's day.
Wish all mother a healthy and wealthy family.

Many valuebuddies have great hope for the success of DS in China.

As what d.o.g. and cityfarmar mentioned in their earlier posts in BWL thread,
we really need to know what distinguish Bestworld from the rest of the DS; 
+ we need to be mindful of the actual timeline on DS execution plan in China.

While waiting for the stock split, 
it would be good if fellows valuebuddies can understand a little bit of Bestworld strategy:

1. E-commerce for China 大中华市场 - iesingapore dated 14th Mar 2016
link

2. Export and DS model (pg 5) - DBS Customer Focus dated 1st Feb 2017
link

3. Strategic Stock Investment Opportunity by Ai Xin, Charles Phan & Jeremy Liang dated 27th Mar 2017
link

As for those visual and audio kids, watch this is easier:




Attached Files
.pdf   Best World 010218.pdf (Size: 1.21 MB / Downloads: 13)
.pdf   Best World International Ltd Deck.pdf (Size: 901.17 KB / Downloads: 9)
.pdf   Best_World_ecommerce_epxansion_to_APAC_region.pdf (Size: 1.62 MB / Downloads: 11)
感恩

Find Reply
14-05-2017, 10:33 PM, (This post was last modified: 15-05-2017, 12:23 PM by Boon.)
Post: #462
RE: Best World
@chialc88
 
I am not surprise at all that the notion of “shipment without an sales order” did actually crosses your mind.
 
Management foresee further increase in repeat consumption amongst existing users as well as the number of new users for DR’s Secret line of skincare solutions.
 
Management feels that it is necessary to hold sufficient inventories for 1Q and 2Q.
 
As a result, larger shipments had been made in 1Q.
 
It does sound as if the Management was the party responsible for placing the sales order,  or at least responsible for deciding how much inventories its client should hold,  and not the client itself, doesn’t it?  
 
What possible inferences could be drawn from this?
________________________________________________________________________________________________________________________
Research, research and research - Please do your own due diligence (DYODD) before you invest - Any reliance on my analysis is SOLELY at your own risk.

Find Reply
14-05-2017, 11:13 PM, (This post was last modified: 14-05-2017, 11:15 PM by Boon.)
Post: #463
RE: Best World Blue Ocean Strategy - Dr Hoan
(14-05-2017, 06:36 PM)chialc88 Wrote: Happy Mother's day.
Wish all mother a healthy and wealthy family.

Many valuebuddies have great hope for the success of DS in China.

As what d.o.g. and cityfarmar mentioned in their earlier posts in BWL thread,
we really need to know what distinguish Bestworld from the rest of the DS; 
+ we need to be mindful of the actual timeline on DS execution plan in China.

(Good advice - I was "heavily involved" in the discussions with both "d.o.g" and "cityfarmer" - no further comment from me at this stage)

While waiting for the stock split, 
it would be good if fellows valuebuddies can understand a little bit of Bestworld strategy:

1. E-commerce for China 大中华市场 - iesingapore dated 14th Mar 2016
link

(Page 8 of AR2015:

"On top of that, as shopping behaviours evolves and online shopping is gaining traction by the day, we will also be implementing a B2B platform and digital marketing campaign to further our wholesale/manufacturing business in FY2016. Upon successful implementation, these platforms could crossover to support also our core business of direct selling in existing markets and even new markets."

Nothing on this seems to have happened in FY2016...............)


2. Export and DS model (pg 5) - DBS Customer Focus dated 1st Feb 2017
link

(It doesn't appear to me that the China export model has been fully understood..........................)

Please refer to my answers above in blue.
______________________________________________________________________________________________________________________
Research, research and research - Please do your own due diligence (DYODD) before you invest - Any reliance on my analysis is SOLELY at your own risk.

Find Reply
14-05-2017, 11:14 PM,
Post: #464
Rainbow  Channel Stuffing? Is it true? Who is responsible?
Channel Stuffing? Is it true? Who is responsible?

B,
Yes, I did imagine things as part of risk scenario.

However, in the last 24 hours, 
I did some calculation before I wrote my post yesterday.
link

Based on revenue recognition upon shipment,
it's clear that the additional $6m Dr's Secret is ordered by THE export agent.
Unlikely channel stuffing as BWL management is optimistic about the next Q volumes.

Worst case, THE export agent is too optimistic.
And, this extreme optimism created a false optimism in BWL management.
And, caused a mistake in inventory and business forecast.

This is actually a likely scenario.



For Q1FY17, BWL only provision additional $0.8m of inventory for 
both export and DS.

This seems to be reasonable thou.



Happy Mother day!
Enjoy - JJ Lin:



感恩

Find Reply
16-05-2017, 11:25 AM, (This post was last modified: 16-05-2017, 11:30 AM by Boon.)
Post: #465
RE: Channel Stuffing? Is it true? Who is responsible?
(14-05-2017, 11:14 PM)chialc88 Wrote: Channel Stuffing? Is it true? Who is responsible?

B,
Yes, I did imagine things as part of risk scenario.

However, in the last 24 hours, 
I did some calculation before I wrote my post yesterday.
link

Based on revenue recognition upon shipment,
it's clear that the additional $6m Dr's Secret is ordered by THE export agent.
Unlikely channel stuffing as BWL management is optimistic about the next Q volumes.

Worst case, THE export agent is too optimistic.
And, this extreme optimism created a false optimism in BWL management.
And, caused a mistake in inventory and business forecast.

This is actually a likely scenario.

Imagine shipments were made without sales orders
Imagine it is the responsibility of the Management in “placing” the sales orders.
Imagine BWI is playing a GREATER role and NOT lesser (just an Exporter) in its China export business.
Imagine BWI has more control over its Export Agent in China than you’d imagined.
Imagine BWI has total control over how its BWL line of products are being distributed within China by its Export Agent – which is a “retail business”, not in a sense of a 100% “traditional” retail business, but a hybrid that has feature characteristics of BOTH “traditional retail business ” and “DS business”.
 
Stretching your imagination just a little further………………..
Imagine the “retail model” is actually a “DS model in disguise”……………………
Imagine the “retail business” is run as if it is a “DS business”………………….
______________________________________________________________________________________________________________________

Imagine there’s no heaven
It’s easy if you try
No hell below us
Above us only sky
Imagine all the people
Living for today………Aha-ah…………….

Imagine by John Lennon
Enjoy it !



Research, research and research - Please do your own due diligence (DYODD) before you invest - Any reliance on my analysis is SOLELY at your own risk.

Find Reply
19-05-2017, 07:56 AM,
Post: #466
Rainbow  unrealistic expectation. there is no easy money
B,
I think you're right and
you're getting into my nerve too.

By now, you might already discovered that
my investment style is high concentration risks at best.
At worst, I am playing with fire.

Contrary to our senior valuebuddies key lessons learn in 2015/2016,
I am likely to make the same mistake as he did ( not just once but a few times despite his power/will ).

Yes, I did read his lesson learn as he had saved me many times in avoiding major mistakes.

BWL peaked at 2.97 3 days ago.
Past 2 days, lowest price - coincidentally is 2.76.

After I watch your imagine youtube, I am shaken a little bit...
... as I recalled d.o.g. lessons learn vividly.

Am I going to have sleepless night tonight?

watch this:





there's music playing, our friends are waiting
feelin' the beat, my shoulders swaying

the highway's humming, our laughter dances
been through enough, still taking chances
感恩

Find Reply
22-05-2017, 11:08 PM, (This post was last modified: 22-05-2017, 11:11 PM by chialc88.)
Post: #467
Rainbow  CGN: D-Day Open@146; Close@143 - BWL 1-to-2 split recording
CGN: D-Day Open@146; Close@143 

Dear valuebuddies,

D-Day just passed.
New ticker: CGN 

Just capture some info for our valuebuddies reading/keeping.
Would be useful in the next stock split.
Smile 


The following songs is dedicated to 
those energetic and tough 宝贝 on behalf of Eros.





Remember:
人生的起起伏伏在所难免,
唯一不变的只有自己的努力。
只要你有努力
不管有多远的地方
不管是什么年纪的人,
他都会听到你执着的声音。

用心生活

祝我爱的人,
我爱的朋友们都能执着。
都能找到自己的方向

加油!


Attached Files
.pdf   20170522 BWL 1 to 2 split recording.pdf (Size: 481.57 KB / Downloads: 13)
感恩

Find Reply
Yesterday, 11:33 PM, (This post was last modified: Yesterday, 11:35 PM by chialc88.)
Post: #468
D+3 First official trading date for CGN
Good morning valuebuddies.
Something interesting.
Let's recap:
  1. Last day of trading Pre-split    19 May 2017 by   5pm
  2. First day of trading Post-split  22 May 2017 from 9am
  3. Book Closure Date                24 May 2017 at   5pm
D Day after split was on 22 May and nothing fantastic.
D+1 Day aka 23 May also nothing much.
D+2 Day aka 24 May also nothing worth talking.

D+3 aka 25 May which is one day after Book Closure Data 
actions started to come in.

Very tricky.  Excellent learning experience.
Interesting.

SNO OPEN HIGH LOW CLOSE V(M) DELTA    %
22  146  146  140 143   2.45 -0.01 -0.7
23  143  143  140 141   1.58 -0.02 -1.4
24  142  142  138 140   2.07 -0.01 -0.7
25  140  149  140 148   5.65 +8    +5.7
??  ???  ???  ??? ???   ???? ????? ????





如果你想要做的不是長輩所控制你的樣子,
不是社會所規定你的樣子,

請你一定要勇敢的為自己站出來,
溫柔的推翻這個世界,
然後把這個世界變成我們的.
感恩

Find Reply


Forum Jump:


Users browsing this thread: 2 Guest(s)
Valuebuddies.com | Return to Top | | Lite (Archive) Mode | RSS Syndication | CONTACT US: nas......@valuebuddies.com |