Mcsnacks H Tupack :
Do you think that announcement is to help when they announce their ER on Tuesday? Because they are a supply chain company and we know how that is going.
ItzMe17楼主Mcsnacks H Tupack:
Having read through their sell-off one of their business units, they have 600 Million (if I’m not wrong) in cash. Their other business units are performing well in the rent times. So this could be reason why they are confident in buying back 100 million dollars shares.. let’s see how it goes..
$百世集团(BEST.US)$On Oct. 13, immortal and changhong mei ling international supply chain marketing headquarters (hereinafter referred to as the international) signed in guangdong zhongshan "southeast Asia logistics strategic cooperation agreement", the two sides have long beauty international in Singapore, Malaysia, Thailand, Vietnam electricity business agreement, for long beauty built by immortal from domestic to the cross-border supply chain system of southeast Asia, Provide full link logistics service for products. In the future, best will be responsible for customs clearance, trunk line transportation, overseas storage, terminal delivery and other logistics links of changmei's goods sent to Southeast Asia after starting from domestic production base. As the product adopts overseas warehousing mode, local customers can receive the goods as soon as the next day after placing orders on the e-commerce platform.
I think$百世集团(BEST.US)$is shockingly undervalued considering their huge revenue; their expansion throughout SE Asia; and their closeness with other companies like$阿里巴巴(BABA.US)$. Recently we found out that $BEST inc is once again in the top 500 largest private enterprises; surprising considering their market cap is around 500million; P/S 0.1, etc.,. "We are included in China’s latest ranking of the 500 largest private enterprises for the second year! Johnny Chou, Founder, Chairman and CEO of BEST, said 'It is a great honor. Over the past 14 years, alongside rapid growth and development in the Chinese economy, BEST has grown into a leading smart supply chain and logistics services provider through operational excellence and continuous innovation. I believe that BEST's pursuit of empowering businesses with smart supply chain solutions and enriching the lives of consumers with efficient logistics and delivery services will drive us even further in our next chapter of development.'"
$百世集团(BEST.US)$Best Group is considering selling its express delivery subsidiary at a valuation of up to US$1 billion; the company is reported to be cooperating with consultants on the sale of a potential express delivery subsidiary. In this regard, Best Group said that it would not comment on market rumors.
Best International launches express cross-border logistics service from China to Singapore, Malaysia and Thailand, within 48 hours At present, the express service has covered the entire territory of Singapore, the Klang Valley area of Malaysia and the Greater Bangkok area of Thailand. In the future, the service will be gradually extended to other routes from China to Southeast Asia$百世集团(BEST.US)$
Mcsnacks H Tupack : Do you think that announcement is to help when they announce their ER on Tuesday? Because they are a supply chain company and we know how that is going.
ItzMe17楼主 Mcsnacks H Tupack: Having read through their sell-off one of their business units, they have 600 Million (if I’m not wrong) in cash. Their other business units are performing well in the rent times. So this could be reason why they are confident in buying back 100 million dollars shares.. let’s see how it goes..
henghengssss : Nie
Will Miao : this was 2019 program. It has expired.