there are alot of companies with FMU is sabah, TSH is also one of them if i remember correctly. Priceworth did not receive an FMU but instead bought it from another company
No worry. pworth will reward the windfall to the genuine/loyal investor..log production in month of june 2018 stiil encouraging.
MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
PRICEWORTH INTERNATIONAL BERHAD
Type Announcement Subject MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER) Description MONTHLY PRODUCTION FIGURES (MINING/PLANTATION/TIMBER) In accordance with Paragraph 9.36 of the Main Market Listing Requirements, Priceworth International Berhad wishes to announce that the Group's log production volume for the month of June 2018 was 33,860.87 M3 (May 2018 : 33,635.62 M3).
The Group's logs production volume in June 2018 has increased slightly from May 2018.
The improved production volume was attributed to the improved efficiency in harvesting and expanding operations in FMU 5.
Since operations commenced in compartments 63 and 64A of FMU 5 in June 2018, we expect the production to continue to be sustainable in the coming months.
The reasons are obvious 1. Improving earning year to year 2. Lower gearing 3. Better financial statement 4. With such prerequisite condition, there is no difficult to push the price to 15 cents and higher
Before right ex, it is difficult for the price to go above 10 cents. So not not hope to see it. Just be patient. Subscribe your right and sell at a good profit
2 right for 1 share holding and get 1 bonus after paid 5 sem per right at: SYMPHONY SHARE REGISTRARS SDN BHD Level 6, Symphony House Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301Petaling Jaya Tel:0378490777 Fax:0378418151
REGARDING THE RIGHT ISSUE, JUST FOLLOW THE INSTRUCTION IN THE BORANG STRICTLY, YOU WON'T GO WRONG . IF YOU STILL FEEL UNCLEAR, THE CALL THE NUMBER ABOVE
I already held 5000 shares since last month, so we are going to have the 10000 PWORTH -OR credit into our account....so we can sell or we also can pay 0.05 / unit to get the parent share...am I right ....
The 3 Lim brothers (pworth,kretam,bertam,scib) are cronies of ex Sabah chief minister Musa aman. Haven't u heard they are being investigated? Musa aman also fled to London and if he steps into Sabah again, he and his cronies are in big troubles
What i see is that the company performance improves more that 100% YoY for 6 consecutive quarters, future demand for plywood is still strong, this is enough to push the price to 15 cents, Do not worry about the nos, it is now selling at 8sen. 1M shares only cost 80k RM, most important there is good news or improved earning to push the price higher. Do not forget big sharks like liquidity to enter and exit. Liquidity also favour herd mentality effect
Pworth management, please clarify on the investigations by the task force in Sabah on the illegal logging...We want to know whether Pworth is affected or not??
Write a comment..Jack8, totally agreed with your comment. If PW is one of the 2 listed co as mentioned by Shafie, then it will go Holland liao. Without game-changer FMU5 in its hand, PW is a gone case. No supply of abundance raw mat going forward, this will bring PW back to the old days.
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....
clp72
817 posts
Posted by clp72 > 2018-07-19 09:17 | Report Abuse
there are alot of companies with FMU is sabah, TSH is also one of them if i remember correctly. Priceworth did not receive an FMU but instead bought it from another company