PRICEWORTH INTERNATIONAL BHD

KLSE (MYR): PWORTH (7123)

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Last Price

0.14

Today's Change

-0.005 (3.45%)

Day's Change

0.13 - 0.145

Trading Volume

9,847,600


6 people like this.

11,344 comment(s). Last comment by Raiz368 21 hours ago

jeffng570

514 posts

Posted by jeffng570 > 2021-10-05 16:27 | Report Abuse

Fake rebound

Posted by onghenghuat666 > 2021-10-06 11:31 | Report Abuse

jeffng570 you are right , those bought at penthouse gonna stuck again

kayy09

5 posts

Posted by kayy09 > 2021-10-08 15:08 | Report Abuse

no more hope la this counter...thought it was about to fly................

Icon 888

1,076 posts

Posted by Icon 888 > 2021-10-08 17:22 | Report Abuse

Priceworth… worth The price..

Amnach

2 posts

Posted by Amnach > 2021-10-27 06:54 | Report Abuse

Priceworth: Resumes log harvesting, plywood export. Priceworth International log production volume for May this year was 3,748.28 cubic meters compared to 3,992.03 cubic meters recorded in April. The slight decrease in May 2021 compared to April 2021 was mainly due to log harvested and in transit to the downstream processing mills. (BTimes)

Icon 888

1,076 posts

Posted by Icon 888 > 2021-11-17 07:10 | Report Abuse

Not worth The price..hehe

Icon 888

1,076 posts

Posted by Icon 888 > 2021-11-21 23:28 | Report Abuse

Plywood logging

Posted by whistlebower99 > 2021-11-29 17:51 | Report Abuse

FOR NEWBIES

PRICEWORTH INTERNATIONAL BERHAD ("PWI" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT

After recent shares consolidation, directors are back to issuing more shares to PP to raise fund.

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 private placement of up to 20% of the total number of issued shares in PWI (excluding treasury shares, if any), to third party investor(s) to be identified later at an issue price to be determined later, pursuant to Sections 75 and 76 of the Companies Act, 2016 ("Act") ("Proposed Private Placement").

Further details of the Proposed Private Placement are set out in the attachment enclosed.

This announcement is dated 29 November 2021.

Please refer attachment below.

https://www.klsescreener.com/v2/announcements/view/3464821

==========================
Total issued shares = 499,580,386 gonna further increased with more share issuance to PP, ESOS.

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

Posted by whistlebower99 > 2021-12-16 15:27 | Report Abuse

FUND RAISING VIA SHARE ISSUANCE TO PP INVESTOR

For clarification purposes, the Company had, on 8 April 2021 announced a private placement
of up to 491,390,700 PWI Shares ("Placement Shares I") to third party investors under the
General Mandate, representing up to 10.91% of the 4,504,414,724 PWI Shares (excluding
treasury shares, if any) in issue as at 7 April 2021 ("Initial LPD") ("Private Placement I"). The
Private Placement I was completed on 9 June 2021 with the listing of 491,390,000 new PWI
Shares on the Main Market of Bursa Securities ("Placement Shares I").

On 7 September 2021, the Company had completed a consolidation of every 10 existing PWI
Shares into 1 PWI Share, following the listing and quotation of 499,580,386 Consolidated
Shares on the Main Market of Bursa Securities ("Share Consolidation").

In view of the above, the placement size of the current Proposed Private Placement (which is
also undertaken in accordance with the General Mandate) shall be based on the issued share
capital of PWI as at the Initial LPD adjusted for Share Consolidation (i.e. 450,441,472 PWI
Shares).

Accordingly, a total of up to 40,949,294 Placement Shares may be issued pursuant to the
current Proposed Private Placement, after deducting the 49,139,000 Placement Shares I
adjusted for Share Consolidation.

===================
Recently completed shares consolidation :-

Announced EX Date Subject Ratio Offer
20 Aug 2021 03 Sep 2021 Share Consolidation 1.0000 : 10.0000

===================
Directors back to raising fund by issuing new shares to PP investors
Diluting shareholder equity and EPS is any

Current NOSH = 499,580,386 will continue to increase toward billion shares again.

=================

TAYOR

Posted by whistlebower99 > 2021-12-21 13:14 | Report Abuse

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

PROPOSED PRIVATE PLACEMENT

On behalf of the Board, UOBKH wishes to announce that Bursa Securities had, vide its letter dated 21 December 2021, resolved to approve the listing of and quotation for up to 40,949,294 Placement Shares to be issued pursuant to the Proposed Private Placement.

This announcement is dated 21 December 2021.

========
One step closer for directors to get more money from fund raising.
Company fund increased from fund raising and not from business profit.

========
TAYOR

Posted by whistlebower99 > 2021-12-27 16:08 | Report Abuse

FOR NEWBIES

Types of corporate proposal Private Placement
Details of corporate proposal Private placement of up to 40,949,294 new ordinary shares in Priceworth International Berhad
No. of shares issued under this corporate proposal 40,949,294
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0500
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units 540,529,680
Issued Share Capital ($$) Malaysian Ringgit (MYR) 384,006,898.000
Listing Date 28 Dec 2021

===============
After shares consolidation from billion shares downward, Directors start again to raise fund by issuing more shares to PP and possibly to ESOS in near future

Dilution on shareholders equity % and EPS
NOSH starts to increase again after trimming down via shares consolidation.

================
Monitor
quarterly results
frequency of directors raising fund via shares issuance
how directors utilise the company fund

===================
Trade wisely

koyokui

1,545 posts

Posted by koyokui > 2022-01-06 15:17 | Report Abuse

Pworth every day up 20 percent

koyokui

1,545 posts

Posted by koyokui > 2022-01-10 09:45 | Report Abuse

Told already. Still on trend

wkkht

851 posts

Posted by wkkht > 2022-01-10 16:39 | Report Abuse

Today is just the beginning. Tomorrow should be higher.

ALAI44

5 posts

Posted by ALAI44 > 2022-01-10 18:34 | Report Abuse

I continue bought from 0.115 till as low as 0.075 after the share consolidation.
Today sold at 0.09, 0.10, 0.11 & 0.125

If it drops tmr, will buy back again to hold.

I believe a company with timber logging and plywood production increasing from month to month won't bankrupt easily...

Happy trading!!

shlyw

711 posts

Posted by shlyw > 2022-01-11 16:14 | Report Abuse

FINANCIAL SUMMARY
SYMBOL & CODE PWORTH (7123)
CURRENT QUARTER Q5 2021
PAST REPORTS
Q5 2021 Q3 2021 Q2 2021 Q1 2021 Q4 2020 Q3 2020 Q2 2020
CONSOLIDATED INCOME STATEMENT
Individual Period Cumulative Period
30 Sep 2021 30 Sep 2020 30 Sep 2021 30 Sep 2020
RM'000 RM'000 RM'000 RM'000
REVENUE
19,405 KLSE Quarter Report(+195%)
6,587
26,996 KLSE Quarter Report
PROFIT/(LOSS) BEFORE INCOME TAX
348 KLSE Quarter Report(+106%)
-5,640
-7,097 KLSE Quarter Report
NET PROFIT/(LOSS)
348 KLSE Quarter Report(+106%)
-5,643
-7,097 KLSE Quarter Report
BASIC (BASED ON ORDINARY SHARES - SEN)
0.01 KLSE Quarter Report(+108%)
-0.13
-0.15 KLSE Quarter Report
DIVIDEND PER SHARE (SEN)
0.00 KLSE Quarter Report
0.00
0.00 KLSE Quarter Report
NET ASSETS PER SHARE (RM)
0.400 KLSE Quarter Report(+700%)
0.050

shlyw

711 posts

Posted by shlyw > 2022-02-09 16:47 | Report Abuse

It is expected to rise next week.

lehubeng

788 posts

Posted by lehubeng > 2022-02-17 16:24 | Report Abuse

pp otw..... do not hv high expectation on pworth....

clp72

798 posts

Posted by clp72 > 2022-02-21 10:25 | Report Abuse

I guess @shlym meant its expected to go down...

clp72

798 posts

Posted by clp72 > 2022-02-21 10:30 | Report Abuse

"Our Company intends to revise the MCP of the
Notes. Pursuant to the Letter of Understanding, our
Company and the Subscribers have agreed to
revise the MCP from RM0.12 to RM0.05"

clp72

798 posts

Posted by clp72 > 2022-02-21 10:32 | Report Abuse

share consolidation on the earlier shares was at 0.15 cents... and now they are diluting it to 0.05 cents..

rijack88

1,002 posts

Posted by rijack88 > 2 months ago | Report Abuse

Revenue highest since pass 13 Quaters. Good Sign... Hope this can recover well. And based on the timber produciton log, it is increasing..

Posted by whistlebower99 > 2 months ago | Report Abuse

LATEST QR

ANOTHER HUGE LOSS

4 Profit/(loss) attributable to ordinary equity holders of the parent -19,580.000

https://www.klsescreener.com/v2/stocks/view/7123/priceworth-internatio...
https://www.klsescreener.com/v2/stocks/financial-report/7123/2021-12-3...

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

clp72

798 posts

Posted by clp72 > 2 months ago | Report Abuse

now issuing more shares... they will continue to do this until reach a few billion shares and then share consolidation.. conman

Posted by whistlebower99 > 2 months ago | Report Abuse

FOR NEWBIES

Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Special Issue
Details of corporate proposal Issuance of redeemable convertible notes with an aggregate principal amount of up to RM100 million
No. of shares issued under this corporate proposal 180,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0500
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units 720,529,680
Issued Share Capital ($$) Malaysian Ringgit (MYR) 393,006,897.700
Listing Date 16 Mar 2022

===================
1. Name CHIN FUN MING
Date interest acquired 14 Mar 2022
No of securities 70,000,000
Allotment of Shares pursuant to Issuance of redeemable convertible notes
Direct (units) 74,000,000
Direct (%) 10.27
Date of notice 16 Mar 2022

====================
2. Name LIM NYUK SANG @ FREDDY LIM
Date interest acquired 14 Mar 2022
No of securities 70,000,000
Allotment of Shares pursuant to Issuance of redeemable convertible notes
Total no of securities after change
Direct (units) 91,531,980
Direct (%) 12.703
Date of notice 16 Mar 2022

====================
3. Name ADAM YUSUFF BIN ABD AZIZ
Name of registered holder Alliancegroup Nominees (Tempatan) Sdn Bhd pledged securities account for Adam Yusuff Bin Abd Aziz
Date interest acquired 14 Mar 2022
No of securities 40,000,000
Allotment of Shares pursuant to Issuance of redeemable convertible notes
Total no of securities after change
Direct (units) 40,000,000
Direct (%) 5.551
Date of notice 16 Mar 2022

=====================
Issue price = 0.05, current market price = 0.085 (gain of 3.5sen or 70%)
Congratulation to the selected investors

======================
Many more million shares to be issued under this Corporate Proposal
Dilution of shareholders equity % and EPS
NOSH continue increase after completion of recent shares consolidation exercise

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

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

Posted by whistlebower99 > 2 months ago | Report Abuse

https://www.klsescreener.com/v2/announcements/view/3503327
https://www.bursamalaysia.com/market_information/announcements/company...

Revised MCP and Maximum Conversion Shares

Our Company had on 6 December 2021 entered into the Letter of Understanding to revise the Original MCP to the Revised MCP.

For illustration purposes, the abovementioned changes are outlined in the table below:

As per the Subscription______________________Agreement Proposed Variation
The MCP is set at RM0.12.__________________ The MCP is revised to RM0.05.

MCP =Minimum conversion price

-----------------------------
Maximum Redemption Amount
The Proposed Variation will not result in any change to the issue size of the Notes programme of up to RM100 million as our Company intends to raise the proceeds and be utilised in the manner as set out in Section 2.2.9 of the Previous Circular. In the event the entire Notes of RM100 million are issued and 818,984,505 Conversion Shares has been issued upon conversion of these Notes at the Revised MCP, no further Conversion Shares shall be issued for the remaining outstanding
Notes. Hence, our Company shall pay the Subscribers the redemption amount for the remaining outstanding unconverted Notes.

=====================
1. The original MCP of 0.12 has been revised to 0.05 and this explained why the 180,000,000 shares were issued at 0.05
2. Maximum total shares that can be issued from this exercise is 818,984,505.
3. After deducting 180,000,000 shares already issued, remaining shares that could be issued = 818,984,505 - 180,000,000 = 638,984,505
====================
Current NOSH = 720,529,680 will increase to about 1.4 billion shares if the above remaining shares are issued.

Not forgetting, possibility of more share issuance to PP and ESOS, the total issued shares will increase further.
Dilution to shareholders equity % and EPS

After recent shares consolidation, process of shares issuance continue to increase the NOSH to multi BILLION shares

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP and ESOS
Allotment of Shares pursuant to Issuance of redeemable convertible notes

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

Posted by whistlebower99 > 2 months ago | Report Abuse

FOR NEWBIES

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Special Issue
Details of corporate proposal Issuance of redeemable convertible notes with an aggregate principal amount of up to RM100 million
No. of shares issued under this corporate proposal 100,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0600
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units 820,529,680
Issued Share Capital ($$) Malaysian Ringgit (MYR) 399,006,897.700
Listing Date 21 Mar 2022

=================
Another issuance of 100 million shares at low price of 0.06 compared to current market price of 0.09
50% gain for the lucky selected investors

===============
1. The original MCP of 0.12 has been revised to 0.05
2. Maximum total shares that can be issued from this exercise is 818,984,505.
3. After deducting 280,000,000 shares already issued, remaining shares that could be issued = 818,984,505 - 280,000,000 = 538,984,505

NOSH = 820,529,680 continue to increase with the issuance of remaining shares
Dilution to shareholders equity % and EPS

Posted by whistlebower99 > 2 months ago | Report Abuse

FOR NEWBIES

MORE happy day for selected lucky investors

A. Name CHIN FUN MING
1 17 Mar 2022 25,000,000 Others Direct Interest
2 18 Mar 2022 4,000,000 Acquired Direct Interest
1) Allotment of 25,000,000 Shares pursuant to Issuance of redeemable convertible notes.
2) Acquisition of 4,000,000 ordinary shares via off market trascation.

Direct (units) 103,000,000
Direct (%) 12.553
Total no of securities after change 103,000,000
Date of notice 21 Mar 2022

================
B. Name LIM NYUK SANG @ FREDDY LIM
1 17 Mar 2022 75,000,000 Others Direct Interest
Allotment of 75,000,000 Shares pursuant to Issuance of redeemable convertible notes.
Direct (units) 166,531,980
Direct (%) 20.296
Total no of securities after change 166,531,980
Date of notice 21 Mar 2022

==============
Details of corporate proposal Issuance of redeemable convertible notes with an aggregate principal amount of up to RM100 million
No. of shares issued under this corporate proposal 100,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0600
Latest issued share capital after the above corporate proposal in the following
Units 820,529,680
Listing Date 21 Mar 2022

===============
100,000,000 shares allotted to luck investors at 0.06 per share

===============
Lucky investors has paper profit of 0.04 per share at current market price of 0.10
Directors got more fund to utilise
Ordinary shareholders get dilution of equity % and EPS

NOSH = 820,529,680 hitting 1 BILLION shares in very near future
Expect more fund raising via shares issuance to ESOS and selected investors

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

Posted by whistlebower99 > 2 months ago | Report Abuse

FOR NEWBIES

Types of corporate proposal Special Issue
Details of corporate proposal Issuance of redeemable convertible notes with an aggregate principal amount of up to RM100 million
No. of shares issued under this corporate proposal 74,962,518
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0667
Latest issued share capital after the above corporate proposal in the following
Units 895,492,198
Listing Date 29 Mar 2022

https://www.klsescreener.com/v2/announcements/view/3524437

============
Another tranche of shares to be listed

NOSH = 895,492,198 approaching 1 BILLION mark with more shares issuance expected to come soon.

taihai

410 posts

Posted by taihai > 2 months ago | Report Abuse

why turnover has no growth only capital up more than 100%??

Posted by whistlebower99 > 1 month ago | Report Abuse

FOR NEWBIES

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

Particulars of substantial Securities Holder
Name LIM NYUK SANG @ FREDDY LIM

1 25 Mar 2022 74,962,518 Others Direct Interest
Name of registered holder Lim Nyuk Sang @Freddy Lim
Allotment of 74,962,518 Shares pursuant to Issuance of redeemable convertible notes.
Direct (units) 241,494,498
Direct (%) 26.968
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Total no of securities after change 241,494,498
Date of notice 29 Mar 2022

https://www.klsescreener.com/v2/announcements/view/3525517

====================
Types of corporate proposal Special Issue
Details of corporate proposal Issuance of redeemable convertible notes with an aggregate principal amount of up to RM100 million
No. of shares issued under this corporate proposal 74,962,518
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0667
Latest issued share capital after the above corporate proposal in the following
Units 895,492,198
Listing Date 29 Mar 2022

=================
Lucky investor issued 74,962,518 shares @ 0.0667 can see profit immediately

Long term shareholders whose shares were consolidated, have to wait much longer for company to show consistent good profits for share price to appreciate

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


Icon 888

1,076 posts

Posted by Icon 888 > 1 month ago | Report Abuse

Logging kasi buka la

Posted by whistlebower99 > 1 month ago | Report Abuse

FOR NEWBIES

Types of corporate proposal Special Issue
Details of corporate proposal Issuance of redeemable convertible notes with an aggregate principal amount of up to RM100 million
No. of shares issued under this corporate proposal 44,977,511
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0667
Latest issued share capital after the above corporate proposal in the following Units 940,469,709
Listing Date 20 Apr 2022
https://www.klsescreener.com/v2/announcements/view/3534809

===================
Directors continue share issuance to selected Investors at attractive prices

Issue price = 0.0667
Market price = 0.10
Profit of about 50% if sold at current market price

===================
NOSH = 940,469,709 will soon hit 1 BILLION again after recent share consolidation

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 > 3 weeks ago | Report Abuse


1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Special Issue
Details of corporate proposal Issuance of redeemable convertible notes with an aggregate principal amount of up to RM100 million
No. of shares issued under this corporate proposal 187,406,296
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0667
Latest issued share capital after the above corporate proposal in the following Units 1,127,876,005
Listing Date 06 May 2022

=================
Another tranche of shares at special price for specially selected investors

Posted by wallstreetrookie > 2 days ago | Report Abuse

Let's go?

Posted by wallstreetrookie > 2 days ago | Report Abuse

Micro cap stocks with good earnings. That's pretty rare

shlyw

711 posts

Posted by shlyw > 2 days ago | Report Abuse

its good. 4m profit after so many years. good start

Risk Trader

3,757 posts

Posted by Risk Trader > 2 days ago | Report Abuse

FA & TA very strong to bullish soon....buy for huge profit

Risk Trader

3,757 posts

Posted by Risk Trader > 2 days ago | Report Abuse

Tomorrow sure breakout and fly again....

Posted by sthamn5039 > 2 days ago | Report Abuse

WOW....
Good QR ....

Raiz368

1,079 posts

Posted by Raiz368 > 2 days ago | Report Abuse

Risk Trader already give comment, sure tomorrow will continue fly to new high...

Posted by wallstreetrookie > 2 days ago | Report Abuse

Haha indeed

Raiz368

1,079 posts

Posted by Raiz368 > 2 days ago | Report Abuse

Tomorrow cfm open gap up 1 cent...

wkkht

851 posts

Posted by wkkht > 2 days ago | Report Abuse

It is said that the dealer will push up to 1.00.

kentrade888

1,451 posts

Posted by kentrade888 > 2 days ago | Report Abuse

Turning loss into profit is good news for the company, and the share price should continue to rise.

Raiz368

1,079 posts

Posted by Raiz368 > 1 day ago | Report Abuse

Good support at 0.14 cent

TomyamGong

4,082 posts

Posted by TomyamGong > 1 day ago | Report Abuse

0.45 is on the way, stay tune

Raiz368

1,079 posts

Posted by Raiz368 > 21 hours ago | Report Abuse

Monday mkt will strong rebound due to DJ & Nasdaq bounce back

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