TWL currently have RM2,420.3 million in GDV and RM446.1 million in expected profit on gross profit level. If we exclude the revenue and profit from construction and the acquisition of Qaisar and halving TWL's gross profit to net level, TWL is projected to earn RM223.05 million from 2023 to 2027, translating to an average annual profit after tax of RM55.76 million.
RENOUNCEABLE RIGHTS ISSUE OF UP TO RM111,279,632 NOMINAL VALUE OF 5,563,981,607 5-YEAR 5% REDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS IN TWL HOLDINGS BERHAD ("TWL" OR THE "COMPANY") ("RCULS") AT 100% OF ITS NOMINAL VALUE OF RM0.02 EACH TOGETHER WITH UP TO 1,112,796,321 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS E") ON THE BASIS OF 10 RCULS TOGETHER WITH 2 FREE WARRANTS E FOR EVERY 10 EXISTING ORDINARY SHARES IN THE COMPANY HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 19 MAY 2023
================ Available/Listing Date 20 Jun 2023 for RCULS
Kindly be advised that TWL’s 2,614,420,057 new RCULS and 522,884,007 new Warrants E issued pursuant to the Rights Issue of RCULS with Warrants will be admitted to the Official List of the Exchange and the listing and quotation of the RCULS and Warrants E on the Main Market will be granted with effect from 9.00 a.m., Tuesday, 20 June 2023.
RENOUNCEABLE RIGHTS ISSUE OF UP TO RM111,279,632 NOMINAL VALUE OF 5,563,981,607 5-YEAR 5% REDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS IN TWL HOLDINGS BERHAD ("TWL" OR THE "COMPANY") ("RCULS") AT 100% OF ITS NOMINAL VALUE OF RM0.02 EACH TOGETHER WITH UP TO 1,112,796,321 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS E") ON THE BASIS OF 10 RCULS TOGETHER WITH 2 FREE WARRANTS E FOR EVERY 10 EXISTING ORDINARY SHARES IN THE COMPANY HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 19 MAY 2023
============== Offer price of RCULS TWL-LA is 0.02 Subscribers of 10 RCULS get 2 free WE
=============== NOSH = 4,151,479,342
WD = 856,946,709 Maturity 2024-10-04 Strike value 0.0400
LA = 2,614,420,057 Maturity 2028-06-14 Strike value 0.0300 (Conversion of RCULS to shares : 3 RCULS for every 2 new Shares)
WE = 522,884,007 Maturity 2026-06-14 Strike value 0.0300
Be aware of possibility of right hand to left hand transactions to churn volume to attract punters, newbies and new oldbies into the game
===================== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
TWL currently have RM2,420.3 million in GDV and RM446.1 million in expected profit on gross profit level. If we exclude the revenue and profit from construction and the acquisition of Qaisar and halving TWL's gross profit to net level, TWL is projected to earn RM223.05 million from 2023 to 2027, translating to an average annual profit after tax of RM55.76 million.
In comparison to TWL's current market capitalization of RM239.1 million, TWL is trading at a forward PE valuation of 4 times, which is significantly lower than its peers who are trading in the range of 6-8 times.
long game is on for TWL, time to collect before pushing up opportunity arrive
why ini heisenbergxv, peepduck,rev, cotye, jaywalker satu brother kah....all date open account together at klse..lolzzzcomeone la...want do wayang also do nice abit..
These people probably are feilou Tan staff lah,,haha,,
why ini heisenbergxv, peepduck,rev, cotye, jaywalker satu brother kah....all date open account together at klse..lolzzzcomeone la...want do wayang also do nice abit..
My 2cents, cheering is ok as long not spamming too much & the info the cheerleader provide are not false. Anyhow this is a free market, anyone can comment, in the end just do your due diligence & invest on your own risk
DGB is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 26 June 2023.
=================== Be careful if holding high NOSH low price penny stocks for long term
Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants
Long term shareholders holding at high prices will incur huge losses from share consolidation
List of penny stocks with shares consolidation :-
2023 in progress - DGB, MMAG, DOLPHIN, TECHNAX, ICON
Beware of major RCULS subscribers waiting to release their LA and WE to punters and newbies even at break-even prices to release their funds for next project
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
BILLC
2,030 posts
Posted by BILLC > 2023-06-15 15:01 | Report Abuse
Cap Ayam 2 sen counter,,,