PRICEWORTH INTERNATIONAL BHD

KLSE (MYR): PWORTH (7123)

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Last Price

0.10

Today's Change

-0.005 (4.76%)

Day's Change

0.10 - 0.10

Trading Volume

20,000


6 people like this.

11,416 comment(s). Last comment by Firefighter 3 days ago

Posted by whistlebower99 > 2022-08-01 15:34 | Report Abuse

FOR NEWBIES

PRICEWORTH INTERNATIONAL BERHAD ("PWI" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF PWI ("PROPOSED PRIVATE PLACEMENT")

On behalf of the Board, UOBKH wishes to announce that Bursa Securities had, vide its letter dated 21 July 2022, resolved to approve the listing of and quotation for up to 135,915,619 Placement Shares to be issued pursuant to the Proposed Private Placement, on the Main Market of Bursa Securities subject to the following:-

This announcement is dated 21 July 2022.

===============
After shares consolidation exercise, directors are back to fund raising via shares issuance to PP, and maybe PP, RI or asset acquisition in near future

===============
NOSH =1,359,156,196 will increase further by 10%
Further dilution of shareholders equity % and EPS

===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

===============
TAYOR, set realistic target

cu29ok

162 posts

Posted by cu29ok > 2022-08-01 16:02 | Report Abuse

Finally awakening....

Posted by wallstreetrookie > 2022-08-01 16:08 | Report Abuse

Where is imvu?

Posted by whistlebower99 > 2022-08-10 12:25 | Report Abuse

FOR NEWBIES

Details of corporate proposal Private placement of up to 10% of the total number of issued shares of Priceworth International Berhad
No. of shares issued under this corporate proposal 94,966,325
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0958
Latest issued share capital after the above corporate proposal in the following Units 1,454,122,521
Listing Date 10 Aug 2022
https://www.klsescreener.com/v2/announcements/view/3591305

====================
Price on 9 Aug 2022 = 0.14
Specially selected lucky private placement investor has instant paper profit
Amount gained = 94,966,325 X (0.14 - 0,0958) = RM4,197,511

Congratulation to lucky private placement investors

=================
7 September 2021- 4,995,804,724 Shares will be consolidated into 499,580,386 Consolidated Shares

Current NOSH = 1,454,122,521

Hitting 1.5 BILLION shares soon, after share consolidation followed by massive shares issuance by directors

===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

====================
TAYOR, set realistic target

Posted by whistlebower99 > 2022-08-10 12:30 | Report Abuse

FOR NEWBIES

Be aware that :-
Private investors and friendly parties are holding majority of the listed shares
Probably waiting to dispose to market when opportunities arise

https://www.bursamalaysia.com/market_information/announcements/company_announcement?keyword=&cat=AL%2CALCO&sub_type=&company=7123&mkt=&alph=&sec=&subsec=&dt_ht=01%2F08%2F2021&dt_lt=%23%2F%23%2F#/?category=all

=============
TAYOR

cu29ok

162 posts

Posted by cu29ok > 2022-08-10 15:18 | Report Abuse

Back to square soon.

stainlyho37

2,242 posts

Posted by stainlyho37 > 2022-11-02 09:34 | Report Abuse

legal matter solved ...logging business improving over 50% from early of the year !!..start with +ve earning..watch out now...

awesome20

1,184 posts

Posted by awesome20 > 2023-01-09 19:36 | Report Abuse

new gems
huge potential to be like cypark after new shareholder
keep monitoring

awesome20

1,184 posts

Posted by awesome20 > 2023-01-16 20:27 | Report Abuse

soon becoming 52w high stock

Posted by whistlebower99 > 2023-01-17 10:42 | Report Abuse

FOR NEWBIES

Directors back to share issuance activities after the last corporate exercise in September 2021

CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN PRICEWORTH INTERNATIONAL BERHAD HELD AT 5.00 P.M ON 6 SEPTEMBER 2021 INTO 1 PWI SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")
Ex-Date 03 Sep 2021

==============
NOSH :-
13 Jan 2023 = 1,495,071,521
Dec 2022 = 1,454,122,521 (after multiple shares issuance for various purpose)
Dec 2021 = 540,529,680 (after shares consolidation)
June 2021 = 4,995,804,724 (before shares consolidation)

https://www.klsescreener.com/v2/stocks/view/7123/priceworth-international-berhad

===============
NOSH once again exceeded BILLION shares after undergone shares consolidation
Directors conveniently and successfully raised fund generating lots of money from shares issuance

===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

===============
TAYOR

Posted by whistlebower99 > 2023-01-17 11:16 | Report Abuse

Details of corporate proposal Private placement of up to 10% of the total number of issued shares of Priceworth International Berhad
No. of shares issued under this corporate proposal 40,949,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.1109
Latest issued share capital after the above corporate proposal in the following Units 1,495,071,521
Listing Date 13 Jan 2023

=================
Selected lucky PP investors making more than 20% profit, upon listing of their shares
Long term retail shareholders that had went through share consolidation have to wait longer to break even

Icon 888

2,178 posts

Posted by Icon 888 > 2023-01-31 10:35 | Report Abuse

Turnaround ?

fhis

1,199 posts

Posted by fhis > 2023-01-31 15:14 | Report Abuse

0.16 coming...

ALAI44

7 posts

Posted by ALAI44 > 2023-01-31 16:57 | Report Abuse

Good news?

bojed

5,064 posts

Posted by bojed > 2023-02-02 07:01 | Report Abuse

Interesting chart.

Icon 888

2,178 posts

Posted by Icon 888 > 2023-02-02 16:08 | Report Abuse

Turnaround ??

awesome20

1,184 posts

Posted by awesome20 > 2023-02-06 17:12 | Report Abuse

soon skyrocketing like picorp pjbumi

rijack88

1,008 posts

Posted by rijack88 > 2023-02-10 22:22 | Report Abuse

seem like slowly back on track based on logging history

Icon 888

2,178 posts

Posted by Icon 888 > 2023-02-15 12:02 | Report Abuse

Turnaround ?

Icon 888

2,178 posts

Posted by Icon 888 > 2023-02-15 14:10 | Report Abuse

Tunggu apa lu

rijack88

1,008 posts

Posted by rijack88 > 2023-02-15 14:41 | Report Abuse

slow,but steady..

Icon 888

2,178 posts

Posted by Icon 888 > 2023-02-15 14:59 | Report Abuse

Breakout 0.18

Icon 888

2,178 posts

Posted by Icon 888 > 2023-02-17 15:57 | Report Abuse

Go go go

Posted by whistlebower99 > 2023-02-20 10:59 | Report Abuse

FOR NEWBIES

Changes in Director's Interest (Section 219 of CA 2016)
Particulars of Director
Name ENCIK ADAM YUSUFF BIN ABD AZIZ

1 17/02/2023 44,525,300 Disposed Direct Interest
Consideration (if any) RM0.14

Total no of securities after change
Direct (units) 452,211
Direct (%) 0.030
Date of notice 17/02/2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3328696

=======================
Take note disposal by director

During AGM, shareholders should ask the director for the reason of disposal

=====================
TAYOR

cu29ok

162 posts

Posted by cu29ok > 2023-02-22 15:51 | Report Abuse

So quite...should be bad result announcing soon.

ALAI44

7 posts

Posted by ALAI44 > 2023-02-27 11:39 | Report Abuse

Before announcement of the result, must press the price a bit...

Icon 888

2,178 posts

Posted by Icon 888 > 2023-03-26 17:26 | Report Abuse

Recession come.. run

Icon 888

2,178 posts

Posted by Icon 888 > 2023-04-12 21:30 | Report Abuse

Run la.. simpan wang dulu

Icon 888

2,178 posts

Posted by Icon 888 > 2023-04-13 03:31 | Report Abuse

Not worth

Icon 888

2,178 posts

Posted by Icon 888 > 2023-04-18 16:13 | Report Abuse

RHB trustee

Icon 888

2,178 posts

Posted by Icon 888 > 2023-05-03 20:44 | Report Abuse

Better go now.. see u next year

Icon 888

2,178 posts

Posted by Icon 888 > 2023-05-17 03:29 | Report Abuse

PH

TCH1186

888 posts

Posted by TCH1186 > 2023-05-29 18:54 | Report Abuse

13c

Posted by whistlebower99 > 2023-07-06 12:35 | Report Abuse

FOR NEWBIES

PROPOSED CAPITAL REDUCTION

On behalf of the Board of Directors of PWI ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company proposes to undertake a reduction of the issued share capital of PWI pursuant to Section 116 of the Companies Act, 2016 ("Proposed Capital Reduction").

Further details of the Proposed Capital Reduction are set out in the attachment enclosed.

This announcement is dated 5 July 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3367211

===============
The Proposed Capital Reduction will eliminate PWI's accumulated losses via reduction and cancellation of the current issued share capital of the Company to more accurately reflect the value of the underlying assets and the financial position of the Company and enhance the financial profile of PWI Group with its bankers, customers, suppliers, investors, and other stakeholders of PWI Group following the elimination of the accumulated losses.

================
Convenient way to clean up the financial statement
Can repeat the process after it gets dirty in future

Posted by WakKarto > 2023-07-06 18:01 | Report Abuse

More capital reduction? During this shit time? Surely there are a lot of shits to be cleaned up 😡

CyrusQ

2,055 posts

Posted by CyrusQ > 2023-07-25 09:25 | Report Abuse


whistlebower99

FOR NEWBIES

PROPOSED CAPITAL REDUCTION

On behalf of the Board of Directors of PWI ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company proposes to undertake a reduction of the issued share capital of PWI pursuant to Section 116 of the Companies Act, 2016 ("Proposed Capital Reduction").

Further details of the Proposed Capital Reduction are set out in the attachment enclosed.

This announcement is dated 5 July 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3367211

===============
The Proposed Capital Reduction will eliminate PWI's accumulated losses via reduction and cancellation of the current issued share capital of the Company to more accurately reflect the value of the underlying assets and the financial position of the Company and enhance the financial profile of PWI Group with its bankers, customers, suppliers, investors, and other stakeholders of PWI Group following the elimination of the accumulated losses.

================
Convenient way to clean up the financial statement
Can repeat the process after it gets dirty in future

# Means ? Please explain & example ?

awesome20

1,184 posts

Posted by awesome20 > 2023-08-24 16:12 | Report Abuse

means rocket soon
huge volume collected cheap token already

Posted by whistlebower99 > 2023-08-25 11:47 | Report Abuse

FOR NEWBIES

Profit/(loss) attributable to ordinary equity holders of the parent -4,558,000

Back to quarterly losses

https://www.klsescreener.com/v2/stocks/financial-report/7123/2023-06-30

Icon 888

2,178 posts

Posted by Icon 888 > 2023-09-18 16:05 | Report Abuse

Run

Icon 888

2,178 posts

Posted by Icon 888 > 2023-09-19 11:53 | Report Abuse

Run Baby run

Posted by whistlebower99 > 2023-09-20 22:10 | Report Abuse

FOR NEWBIES

PRICEWORTH INTERNATIONAL BERHAD ("PWI" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF PWI ("PROPOSED PRIVATE PLACEMENT")

On behalf of the Board, UOBKH wishes to announce that the listing application in relation to the Proposed Private Placement has been submitted to Bursa Malaysia Securities Berhad on 20 September 2023.
This announcement is dated 20 September 2023.

==========
Directors start again doing fund raising via shares issuance to PP, ESOS, maybe RI
Dilution of shareholders equity % and EPS
NOSH continue to increase
When NOSH hit multi billion shares, directors might do shares consolidation again

Dehcomic01

286 posts

Posted by Dehcomic01 > 2023-10-06 13:47 | Report Abuse

I think with the exit of Eksons and Annum from the plywood business we are witnessing the end of the “independent” plywood manufacturers. In the past it was possible to be a standalone plywood manufacturer with it purchasing logs/timber from 3rd party sources. Today the plywood manufacturers are now like the palm oil mills. There are hardly any independent palm oil mills as estates supply to their own mills.
So we now have timber companies supplying to their own captive plywood plants. So it is no longer viable for Eksons. Refer to https://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=27024. The shift will benefit companies like PWORTH

Posted by whistlebower99 > 2023-11-09 20:36 | Report Abuse

FOR NEWBIES

Private Placement.

On behalf of the Board, UOBKH wishes to announce that the Board had on 9 November 2023 resolved to fix the issue price of the Private Placement at RM0.1129 per Placement Share.

The issue price of RM0.1129 per Placement Share represents a discount of approximately 9.97% to the 5-day VWAP of PWI Shares up to and including 8 November 2023, being the last traded day of PWI Shares immediately preceding the price-fixing date of RM0.1254 per PWI Share.



This announcement is dated 9 November 2023

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING | https://www.klsescreener.com/v2/announcements/view/5930489
=========
Directors again active in fund raising via shares issuance to PP, ESOS
NOSH hitting 1.5 Billion shares soon
Shareholders equity % and EPS will be diluted again and again

Posted by whistlebower99 > 2023-11-17 17:20 | Report Abuse

FOR NEWBIES

Private placement of up to 10% of the total number of issued shares of Priceworth International Berhad
No. of shares issued under this corporate proposal 44,286,980
Issue price per share ($$) Malaysian Ringgit (MYR) 0.1129
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following Units 1,539,358,501
Listing Date 20 Nov 2023

==========
Directors doing fund raising again via shares issuance to PP, probably ESOS soon
Shareholders equity % get diluted
Selected PP investors making instant profit with lower issue price.

Posted by whistlebower99 > 2023-11-17 17:23 | Report Abuse

NOSH now above 1.5 Billion shares
If directors continue to raise more funds via shares issuance to PP and ESOS, NOSH might increase further to multi BILLION shares
Don't be surprised when directors propose another shares consolidation exercise in near future

Icon 888

2,178 posts

Posted by Icon 888 > 1 month ago | Report Abuse

Fxxx

Posted by Lee Ying Yee > 3 weeks ago | Report Abuse

pp rsos ri ,,, how about the business ??? rubbish ?

winston1

517 posts

Posted by winston1 > 2 weeks ago | Report Abuse

Loss making company also can announce bonus warrant?

Icon 888

2,178 posts

Posted by Icon 888 > 1 week ago | Report Abuse

Why not..

Posted by Firefighter > 3 days ago | Report Abuse

This is a CON company - best to stay out!

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