PRICEWORTH INTERNATIONAL BHD

KLSE (MYR): PWORTH (7123)

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Last Price

0.09

Today's Change

-0.005 (5.26%)

Day's Change

0.09 - 0.09

Trading Volume

813,000


6 people like this.

11,418 comment(s). Last comment by Firefighter 2 weeks ago

lehubeng

1,079 posts

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

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

clp72

813 posts

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

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

clp72

813 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

813 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

1,008 posts

Posted by rijack88 > 2022-02-28 18:56 | 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 > 2022-03-01 09:33 | 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-international-berhad
https://www.klsescreener.com/v2/stocks/financial-report/7123/2021-12-31

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

clp72

813 posts

Posted by clp72 > 2022-03-16 09:31 | 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 > 2022-03-17 00:05 | 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-international-berhad

Posted by whistlebower99 > 2022-03-17 12:04 | Report Abuse

https://www.klsescreener.com/v2/announcements/view/3503327
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3153536

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 > 2022-03-18 16:19 | 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 > 2022-03-22 12:20 | 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 > 2022-03-28 13:21 | 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

477 posts

Posted by taihai > 2022-03-28 14:22 | Report Abuse

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

Posted by whistlebower99 > 2022-03-30 15:50 | 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

2,215 posts

Posted by Icon 888 > 2022-04-15 15:54 | Report Abuse

Logging kasi buka la

Posted by whistlebower99 > 2022-04-18 15:56 | 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 > 2022-05-05 16:07 | 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 > 2022-05-26 16:26 | Report Abuse

Let's go?

Posted by wallstreetrookie > 2022-05-26 16:26 | Report Abuse

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

shlyw

719 posts

Posted by shlyw > 2022-05-26 16:41 | Report Abuse

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

Risk Trader

3,942 posts

Posted by Risk Trader > 2022-05-26 16:45 | Report Abuse

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

Risk Trader

3,942 posts

Posted by Risk Trader > 2022-05-26 17:07 | Report Abuse

Tomorrow sure breakout and fly again....

Posted by sthamn5039 > 2022-05-26 18:10 | Report Abuse

WOW....
Good QR ....

Raiz368

1,566 posts

Posted by Raiz368 > 2022-05-26 20:14 | Report Abuse

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

Posted by wallstreetrookie > 2022-05-26 20:15 | Report Abuse

Haha indeed

Raiz368

1,566 posts

Posted by Raiz368 > 2022-05-26 20:47 | Report Abuse

Tomorrow cfm open gap up 1 cent...

wkkht

952 posts

Posted by wkkht > 2022-05-27 09:11 | Report Abuse

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

kentrade888

1,558 posts

Posted by kentrade888 > 2022-05-27 09:30 | Report Abuse

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

Raiz368

1,566 posts

Posted by Raiz368 > 2022-05-27 22:08 | Report Abuse

Good support at 0.14 cent

TomyamGong

4,134 posts

Posted by TomyamGong > 2022-05-28 09:54 | Report Abuse

0.45 is on the way, stay tune

Raiz368

1,566 posts

Posted by Raiz368 > 2022-05-28 13:39 | Report Abuse

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

Posted by whistlebower99 > 2022-05-30 10:33 | Report Abuse

FOR NEWBIES

7 September 2021
4,995,804,724 Shares consolidated into 499,580,386 Consolidated Shares

===============
Details of corporate proposal Issuance of redeemable convertible notes with an aggregate principal amount of up to RM100million
No. of shares issued under this corporate proposal 149,925,037
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0667
Latest issued share capital after the above corporate proposal in the following Units 1,345,267,308
Listing Date 27 May 2022

=================
NOSH exceeded 1 BILLION shares again after share consolidation in 2021.

Lucky selected investors see profits in the shares allocated to them.
Retail investors still holding losses after shares consolidated

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

Risk Trader

3,942 posts

Posted by Risk Trader > 2022-05-30 16:12 | Report Abuse

Mkt so quite...just look and see first

Risk Trader

3,942 posts

Posted by Risk Trader > 2022-05-30 16:54 | Report Abuse

Wow..last minute so many buyer buy at closing price, look to fly tomorrow

shlyw

719 posts

Posted by shlyw > 2022-05-31 10:12 | Report Abuse

WOW! Start up.

LOOK009

1,058 posts

Posted by LOOK009 > 2022-05-31 10:59 | Report Abuse

It is said that new funds have entered.

kentrade888

1,558 posts

Posted by kentrade888 > 2022-05-31 11:01 | Report Abuse


Stock News - AsiaEBrokerhttps://news.asiaebroker.com › ebcNews
28 Apr 2022 — 7123 PWORTH, PRICEWORTH INTERNATIONAL BHD. \ - \ + \. General Meetings: Notice of Meeting 28 Apr 2022, 07:00. General Meetings: Notice of ...

Wilson786

47 posts

Posted by Wilson786 > 2022-05-31 13:21 | Report Abuse

look like go to 1$ in next 3-4 week

Risk Trader

3,942 posts

Posted by Risk Trader > 2022-05-31 13:53 | Report Abuse

Those bought yesterday big smile today...more to come

iPlay

1,812 posts

Posted by iPlay > 2022-05-31 16:53 | Report Abuse

Could it also those who buy today will have a big smile tomolo ???.... we will see !

TomyamGong

4,134 posts

Posted by TomyamGong > 2022-05-31 22:23 | Report Abuse

Like I said, 0.45 is on the way. Some exciting news is about to release. :)

kentrade888

1,558 posts

Posted by kentrade888 > 2022-06-01 09:03 | Report Abuse

[PWORTH] Special Issue on 26-May-2022
Stock
[PWORTH]: PRICEWORTH INTERNATIONAL BHD
Announcement Date
26-May-2022
Listing Date
27-May-2022
New Type/Class?
No
Type
Special Issue
Details
Issuance of redeemable convertible notes with an aggregate principal amount of up to RM100million
No. of shared issued
149,925,037
Issue Price
MYR 0.067
Par Value
0.000
Total NOSH
1,345,267,308

Posted by whistlebower99 > 2022-06-01 09:32 | Report Abuse

FOR NEWBIES

More than 50% shares (845,686,922 ) held by selected lucky investors who are the ones making lots of profit at the end of the game.

Retail investors need to be careful not to be trapped at high price like those in VINVEST

================
TAYOR, set realistic target

awesome20

1,184 posts

Posted by awesome20 > 2022-06-02 22:59 | Report Abuse

Keep rattling the retailer
Nice try
Our proven track record before spike
Biohldg 2020
Euro 2020
Gets 2020
Dataprp 2021
Msm 2021
Bjfood 2021
Sam 2021
Pmbtech 2021
Cfm 2021
Vc 2022
Thplant 2022
Many more……

Pworth ???
Pwroot ???
Titijya ???
Bpuri ???
Hhgroup ???
Cwg ???

Posted by whistlebower99 > 2022-06-07 13:15 | Report Abuse

FOR NEWBIES

Total shares issued to selected lucky investors after shares consolidation
= 1,345,267,308 - 499,580,386 = 845,686,922

Average price of shares issued to selected lucky investors below 0.065
https://www.bursamalaysia.com/market_information/announcements/company_announcement?keyword=&cat=AL%2CALCO&sub_type=&company=7123&mkt=&alph=&sec=&subsec=&dt_ht=&dt_lt=%23%2F#/?category=all

==================
Total of 845,686,922 @ 0.065 if disposed to market at 0.165
profit for selected lucky investors > RM 84 million

===============
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 > 2022-06-09 00:35 | Report Abuse

FOR NEWBIES

Details of corporate proposal Issuance of redeemable convertible notes with an aggregate principal amount of up to RM100million
No. of shares issued under this corporate proposal 13,888,888
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0720
Par Value($$) (if applicable) Malaysian Ringgit (MYR) 0.000
Latest issued share capital after the above corporate proposal in the following Units 1,359,156,196
Issued Share Capital ($$) Malaysian Ringgit (MYR) 434,916,527.000
Listing Date 01 Jun 2022

============
More shares issued to lucky investors
More profit for lucky investors if dispose at current price of 0.16

SKDN89

8 posts

Posted by SKDN89 > 2022-06-09 02:41 | Report Abuse

What news?

Icon 888

2,215 posts

Posted by Icon 888 > 2022-06-13 22:29 |

Post removed.Why?

Posted by whistlebower99 > 2022-06-14 11:13 | Report Abuse

FOR NEWBIES

Be aware that more than 50% out of total issue shares ( 1,359,156,196 ) are held by selected lucky investors via Special Issue to Issuance of redeemable convertible notes

Price has dropped from high of 18.5 to 12.5
Even if selected lucky investors dispose at current price of 12.5, they still enjoy profit margin exceeding 70% over the average issue price of below 7sen

Be aware of possible right hand left hand transactions by operator to attract newcomers into the game

================
TAYOR, set realistic target

Citadel12

1,045 posts

Posted by Citadel12 > 2022-06-14 11:16 | Report Abuse

where the big smile???

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