I agreed, now chances are everywhere, you will get burnt really heavily as a contra/margin player during this correction period and bearish sentiment or else it's all about investment in stock. Gambler has better chances on 4ds and casinos.
result good counters, jerung will try to push down or let the share price sideway as long as possible to let retailers dispose and they they accumulat e more.. so so result, jerung push up the price to distribute to retailers..
Totally agreed, although olmanssss now paper loss also over 100k for all counters but confidence must me there once you invested into the counters you set the target for, I will go in more into this counter once it drops below 230, invest in future and fundamental of a company will never go wrong, holding is the key to bear fruits.
I only bought in some pworth today, market is really bad at the moment, I will hold onto it even though paper loss is now close to 100k at the moment. How you holding up?
it just announced yesterday that the estimated timeline of completion for the multiple proposals is expected by Q2 18. I guess this is the reason for the selldown.
if you read the latest QR, the result is improving!
hi oldmansssss, thank you. I didn't add Pworth, but still holding at average 0.27, today bought Huaan 0.41, luckily last time bought Huaan 0.485 sold 0.56, can cover a bit losses, my losses is 20K ++ 20% for overall now. Market is bad but I think should recover soon. Hoe Trump shut up when see the market impact.
hahah, I am on the same sampan with u guys, how can a profitable company drop like no tmr, got really no idea if this time really tapao all of us then bursa can close shop we can go invest in other countries
MULTIPLE PROPOSALS PRICEWORTH INTERNATIONAL BERHAD ("PWI" OR THE "COMPANY") (I) PROPOSED ACQUISITION; (II) PROPOSED RIGHTS ISSUE; (III) PROPOSED ACQUISITION OF SSB; AND (IV) PROPOSED LISTING PRICEWORTH INTERNATIONAL BERHAD
Type Announcement Subject MULTIPLE PROPOSALS Description PRICEWORTH INTERNATIONAL BERHAD ("PWI" OR THE "COMPANY")
(I) PROPOSED ACQUISITION;
(II) PROPOSED RIGHTS ISSUE;
(III) PROPOSED ACQUISITION OF SSB; AND
(IV) PROPOSED LISTING We refer to the announcements dated 19 October 2016, 7 March 2017, 7 April 2017, 5 May 2017, 1 June 2017, 19 June 2017, 3 July 2017, 6 September 2017, 3 October 2017, 25 October 2017, 17 November 2017, and 30 November 2017 in relation to the Proposals (“Announcements”).
Unless otherwise defined, all expressions used in this announcement shall carry the same meaning as defined in the Announcements.
On 19 October 2016, RHB Investment Bank, on behalf of the Board had announced that the Company proposed to undertake, amongst others, a proposed renounceable two-call rights issue of up to 1,694,968,244 new PWI Shares at an issue price of RM0.10 per PWI Share, together with a bonus issue of up to 847,484,122 new PWI Shares to be credited as fully paid-up, on the basis of two (2) Rights Shares for every one (1) existing PWI Shares held and one (1) Bonus Share for every two (2) Rights Shares subscribed for on an Entitlement Date (“Proposed Rights Issue”).
Subsequently, RHB Investment Bank, on behalf of the Board, wishes to announce that with the abolition of the par value under the Companies Act, 2016 (“Act”), the Proposed Rights Issue will be revised to a renounceable one-call rights issue of 2,047,461,262 new PWI Shares together with 1,023,730,631 Bonus Shares, at an issue price of RM0.05 per Rights Share payable in full on application in cash as opposed to the previous two-call rights issue of RM0.10 where a second call of RM0.05 shall be capitalised from the Company’s share premium account and capital redemption reserve. All other terms of the Proposed Rights Issue remain the same (“Proposed Revised Rights Issue”).
Further details of the Proposed Revised Rights Issue are set out in the attached file.
Announcement Info Company Name PRICEWORTH INTERNATIONAL BERHAD Stock Name PWORTH Date Announced 06 Mar 2018 Category General Announcement for PLC Reference Number GA1-06032018-00070
If you pay 23 sens now to get 1 share, for the right issue you need to pay 10 sens to get two right issue share plus 1 bonus share. All in will be 33 sens for 4 shares or 8.25 sens a share. What is going to be the ex-all price for Pworth? Need to wait for many months for these, at least until the listing of its subsidiary GSR Pte Ltd on Singapore Stock Exchange.
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....
winwin2288
1,325 posts
Posted by winwin2288 > 2018-03-02 10:59 | Report Abuse
If ssteel drop below 2.0 I will buy again.Good chance everywhere. Let's huat again Oldmanssss