Just look at the great stronghold of buyers parked at 0.125 now, really indicates tat there is gonna be another round of firework later...at least close at 0.14 later...Pworth's coming earnings is set to get a boost fm the strong USD n huge increase it its log production which should lift up coming quarterly profit...0.20 should be a fair price for Pworth to reflect improved fundamental earnings....
Kindly be advised that the trading in the company's shares has been suspended with effect from 2.30 pm.Wednesday,19 October 2016,pending a material announcement
100% must be MD Lim Nyuk Foh collaboration take over fm other party...Currently Lim is holding just 11% of Pworth... He is also the major SSholder...So a takeover is happening...All shareholders will strike a fortune once it is resume for trading...it is time to celebrate
relax nemesis. I got a question for you, what prc will you prepared to sell to me. if it a takeover happen,with the following assumptions.with improved(i) NTA per share of 46 sen.(ii) strong flow of future earnings, (iii) this is not a loss making co. What size of discount you willing to give me based on the abve assumption?. 50 %, 40% or 35% discount from the nta,.if I am prepared to buy substantial size say 20% 0f the issued shares.. if 50% of nta price it should come around 23 sen...kikiki
Announcement is out...proposed acquisition, private placement, right issue and bonus issue...hope tat tis is a piece of good news for the market...pls giv ur opinions whether we should hold or Sell 2molo...
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....
nemesis
3,994 posts
Posted by nemesis > 2016-10-18 16:31 | Report Abuse
Pworth will be a 100% turnaround stock with improved earnings n revenues moving forward...