Posted by richman > 2021-09-03 09:42 | Report Abuse

naik before consolidation

Posted by clp72 > 2021-09-03 10:55 | Report Abuse

lost so much $$ on this counter over the years that I am just letting it ride... queue sera sera

Posted by stainlyho37 > 2021-09-03 12:21 | Report Abuse

a very sad story on this counter over the government changed on 2018..!!...if u still have ..just hold it....( i not holding any at this moments..)
did some analysis just now...
logging start back on march21...
jan~feb : nil
mar: 787m3
apr:3993m3
may:3748m3
jun:6140m3
jul:9774m3

if the company restructure well..a chance for recovery ..if the logging continue growth to above 12~15000m3...that will be very +ve !!!

Posted by Topper88 > 2021-09-03 23:11 | Report Abuse

Is that only on Monday, the number of shares on hand just will be divided by 10?
So the profit now should divide by 10?

Posted by Topper88 > 2021-09-03 23:11 | Report Abuse

I am curious on how is share consolidation carried out, thank you.

Posted by dem777 > 2021-09-06 21:41 | Report Abuse

Con counter, please avoid at all costs!! Shares will be consolidated again & again while newbies will blindly believe all their PAID write ups in the newspapers & blogs then dump & f o! Poor innocents will be victims

Posted by clp72 > 2021-09-08 09:48 | Report Abuse

definitely, a con counter, think it will go down to 7 cents again... then will issue more shares to dilute shareholding and consolidate again...

Posted by clp72 > 2021-09-09 17:18 | Report Abuse

notice the operator pushed it down last min for a mare rm 52... lol...

Posted by jeffng570 > 2021-09-14 19:25 | Report Abuse

haha...pworth, i know are scam....hehehe

Posted by koyokui > 2021-09-22 09:41 | Report Abuse

Pworth already cannot drop. Maybe tecjical rebound

Posted by gghaha > 2021-09-22 14:50 | Report Abuse

same scam user to scam ppl.....still high to entry for now...wait ard 0.05 only come back ..:)

Posted by sting79 > 2021-09-22 16:44 | Report Abuse

This counter very easy to be cornered because of its small 47 million market cap. Easy down, also easy up especially so as it has just consolidated 10 to 1. Seeing that such small volume can bring down the price easily, won't be surprise if can be depressed further since it will be easy to push back up.

The only thing to look for is the upcoming subscription of the investor (famous in dealings with penny/weak stocks) with a min subscription price of 0.12. Not forgetting the improving logging production volume.

Posted by sting79 > 2021-09-22 16:52 | Report Abuse

Company also delayed its annual report, latest quarter report and planning to push the 2021 AGM further by another 9 months. My guess is it will be a long wait at least another year before can see any price action, considering the new investor has a history of sell for small quick profit (no push price) or sell after a long time (push price).

Posted by sting79 > 2021-09-22 18:27 | Report Abuse

Today's buy rate is 0%. With nearly zero retailer's interest, it seems the sellers are kinda desperate to depress price further, as it does not makes sense to sell at such % loss. Selling today at 0.095 / 0.10 means the original cost prior to consolidation must be 0.01 to breakeven or 0.005 to make a profit.

If this is a once-off or few times selloff to run away for greener pasture, then it makes sense for an investor to sell at loss. Unfortunately, because company as well as local scene is slowly recovering, you cannot help but to take this non-stop selloff as some sort of left right hand show - to collect ticket from weak holders due to emotion from falling knife / paper loss getting bigger day by day etc.

PWORTH has drop quite a lot since its previous RI in 2018 and even after recent consolidation, at today's price it is almost too attractive to collect for rebound penny stock play. We are human and cannot avoid being emotionally depressed by the non-stop selloff, but because of the same reason we can also learn to be 'rationally' depressed.

Posted by jeffng570 > 2021-09-23 10:15 | Report Abuse

this company waiting for dislist only la bro...insider news

Posted by jeffng570 > 2021-09-23 10:18 | Report Abuse

if you buy at 0.005, you also need to lose money..believe me

Posted by jeffng570 > 2021-09-23 10:18 | Report Abuse

just sell all your ticket before too late

Posted by sting79 > 2021-09-23 13:42 | Report Abuse

TQ for your concern, sold all rather than lose all. Tell your insider to correctly calculate the amount sold by the end of today, don't mix up theirs and mine ok!

Posted by Citadel12 > 2021-09-23 13:50 |

Post removed.Why?

Posted by jeffng570 > 2021-09-26 11:02 | Report Abuse

confirmed.....this counter will dislited in 2 years time

Posted by koyokui > 2021-09-27 14:35 | Report Abuse

Lowest price now

Posted by whistlebower99 > 2021-09-27 15:44 |

Post removed.Why?

Posted by sting79 > 2021-09-27 17:46 | Report Abuse

jeffng570 confirmed.....this counter will dislited in 2 years time

Yes, and with delisting the 2 timber tycoon brothers will also have their millions of dollars stuck as well. They have lost quite huge sums in SCIB before, not sure if they are willing to lose another big sum here. Take note that their cost in Pworth may be quite high, since they already have shares long before 2018 RI and recent consolidation.

Posted by jeffng570 > 2021-09-27 22:58 | Report Abuse

sting79

Yes, and with delisting the 2 timber tycoon brothers will also have their millions of dollars stuck as well. They have lost quite huge sums in SCIB before, not sure if they are willing to lose another big sum here. Take note that their cost in Pworth may be quite high, since they already have shares long before 2018 RI and recent consolidation.

they have no others choice to choose already, thats why made decision to cl even i had lost a quite huge of my fund

Posted by jeffng570 > 2021-09-27 22:59 | Report Abuse

just can say RIP to this scam counter.......old school company useless

Posted by Icon 888 > 2021-09-30 00:54 | Report Abuse

Logging sctivity kasi speed up.. harga bagus sekarang.. Market shortage kayu

Posted by Citadel9999 > 2021-09-30 01:13 |

Post removed.Why?

Posted by koyokui > 2021-10-01 10:47 | Report Abuse

Buy lowest price ever now.

Posted by whistlebower99 > 2021-10-01 17:08 |

Post removed.Why?

Posted by koyokui > 2021-10-04 09:47 | Report Abuse

Rebound coming

Posted by koyokui > 2021-10-05 11:34 | Report Abuse

Told already

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

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

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

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

Priceworth… worth The price..

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)

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

Not worth The price..hehe

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

Plywood logging

Posted by Icon 888 > 2021-11-24 18:52 | 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

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

Pworth every day up 20 percent

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

Told already. Still on trend

Posted by wkkht > 2022-01-10 15:58 | Report Abuse

The company has turned loss into profit…NTA：0.40

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

Today is just the beginning. Tomorrow should be higher.

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!!

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

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

It is expected to rise next week.