Posted by BBB79 > 2014-07-11 16:20 | Report Abuse

investor99, your 0.06 reach already, so?

Posted by investor99 > 2014-07-11 18:06 | Report Abuse

yup, collect some juz now

Posted by BBB79 > 2014-07-12 03:56 | Report Abuse

investor99, aiya, miss the boat already, i am waiting your signal...

Posted by investor99 > 2014-07-12 09:12 | Report Abuse

BBB79， ithink will stay a period of time at 6 - 6.5cts..

Posted by BBB79 > 2014-07-13 20:46 | Report Abuse

investor99, ok...

Posted by BBB79 > 2014-07-14 10:14 | Report Abuse

hehe, i still waiting at 0.06 lo...

Posted by investor99 > 2014-07-14 10:14 | Report Abuse

BBB79, coming again?

Posted by BBB79 > 2014-07-14 10:15 | Report Abuse

look like another wave is coming...

Posted by investor99 > 2014-07-14 12:19 | Report Abuse

haha, if who grab pworth-wa at 6 cts last week, now earn money ard

Posted by BBB79 > 2014-07-14 13:38 | Report Abuse

ya, 8%, so easy, but i miss it, huhuhu...

Posted by investor99 > 2014-07-14 14:20 | Report Abuse

BBB79, , possible that this time if up, will up to above 30cts?

Posted by BBB79 > 2014-07-14 14:22 | Report Abuse

investor99, dun keep, if earn sell, very close to the quarter report out time...

Posted by investor99 > 2014-07-14 15:16 | Report Abuse

i think big shark keep alots of stk, easily control the price up & down

Posted by BBB79 > 2014-07-14 16:05 | Report Abuse

http://klse.i3investor.com/blogs/kianweiaritcles/47765.jsp

Posted by investor99 > 2014-07-14 16:20 | Report Abuse

BBB79, from this article, got big shark control the share price at the back side?

Posted by BBB79 > 2014-07-14 16:21 | Report Abuse

investor99, ya, they control the price...

Posted by investor99 > 2014-07-14 17:04 | Report Abuse

closed at 22cts..

Posted by investor99 > 2014-07-14 17:49 | Report Abuse

pworth will annouce profit quarterly financial report on next month?

Posted by BBB79 > 2014-07-15 08:45 | Report Abuse

should be end of august...

Posted by investor99 > 2014-07-15 10:50 | Report Abuse

if end of aug, means big shark will keep collecting this stk right now until nx mth

Posted by BBB79 > 2014-07-15 23:07 | Report Abuse

investor99, if the quarter report good, then they will keep collect; but if the quarter report loss again, then their intention is to push up the price for them to release theyir stock...

Posted by mfaizalm80 > 2014-07-17 09:53 | Report Abuse

already profit...trading buy recommendation for pworth...tp0.37..buy

Posted by investor99 > 2014-07-17 12:55 | Report Abuse

mfaizalm80, 37 cts? any supporting analysis?

Posted by investor99 > 2014-07-17 13:15 | Report Abuse

from my point of view, selling pressure more than buying support, share price difficult to up..

Posted by investor99 > 2014-07-17 16:25 | Report Abuse

big shark show power, push up the price this morning and clear on hand stk..?

Posted by BBB79 > 2014-07-17 17:50 | Report Abuse

haha, good question...

Posted by sleepingtiger > 2014-07-19 17:17 | Report Abuse

Big investors, who bought Redeemable Convertble Notes and converted it to shares at 14.1 sens a share , had made a handsome profit.



http://www.bursamalaysia.com/market/listed-companies/company-announcements/1588417

Posted by investor99 > 2014-07-19 20:58 | Report Abuse

Sleepingtiger, here is my previous post dated 13 may 2014

大股東低價回購憑單 實值木品股價或見底
財經幸運輪專欄11 May 2014 17:41
http://www.chinapress.com.my/node/525068

溫世麟－窩輪資本總執行長
www.warrants.com.my

...............................實值木品不願把憑單行使價調低，可能和該公司正在進行中的另外一項企業計劃有關。

實值木品也將發行最多相等于5000萬令吉的可贖回可轉換股票據（RCN）。RCN持有人可以根據預定方案轉換為普通股。

這些RCN投資者也明顯不願看到憑單行使價被降低。首批RCN已在3月初發出，而這批RCN已最近被持有人根據14.1仙的轉換價，轉換成實值木品股票。

隨著大股東開始買進公司憑單及RCN的發行和轉換，股價從去年5月40仙左右的高峰，猛挫下來的實值木品股價，或許在近期見底而有所反彈。

綜合上述條件以及近期木基行業的復甦，投資者可考慮在低價隨大股東買進公司股票或憑單。

Posted by sleepingtiger > 2014-07-19 22:17 | Report Abuse

Thank you.

The company had issued rm 10 millions RCN and all have been converted to 70 + millions new shares.

If the company will issue the remaining rm 40 millions RCN,
there will be another 280 millions new shares flooding the market if all RCNs are converted.

The total issued shares will be 600 millions shares.

Earning per share and asset per share will be markedly diluted.

Is it worth investing then?

Posted by sleepingtiger > 2014-07-21 09:26 | Report Abuse

Who are the big seller at 500,000 each throw?

If I can buy RCN with conversion price of 14.1 sens,I will sell it now at 21 sens and buy more RCN.

Who has the access to RCN ?

Posted by investor99 > 2014-07-21 11:16 | Report Abuse

banker still clearing on hand stock?

Posted by sleepingtiger > 2014-07-22 15:08 | Report Abuse

Big shark eats small fishes.

Why dont they put up right issue to benefit all shareholders rather than issue RCN to ?person/s.

They are milking all non RCN shareholders.

Posted by sleepingtiger > 2014-07-22 16:05 | Report Abuse

How can the authority allow the issue of RCN with low conversion price and the total converted shares are greater than the issued shares of the whole company?

The RCN holders who have converted to shares are laughing all the way to the bank.

Posted by sleepingtiger > 2014-07-22 17:06 | Report Abuse

Hope that the company stops issuing the remaning tranches of RCN worth rm 40 millions.

Posted by sleepingtiger > 2014-07-23 11:36 | Report Abuse

Advance Opportunities Fund or the holders of RCN who have converted their RCN to priceworth shares must be busy unloading the priceworth shares.

Until this 70 to 80 millions shares overhang were cleared the share wont advance.

Posted by upsidedown119 > 2014-07-23 14:43 | Report Abuse

Just wait for these to be cleared. PWorth is a recovery story.

Posted by sleepingtiger > 2014-07-23 15:04 | Report Abuse

I agree .

Go for small cap property laggard first and come back to priceworth later.

Posted by Cweed > 2014-07-24 20:16 | Report Abuse

What rm40 million? Read the announcement below. Just a tiny fraction of what u wrote. Shouldn't be an issue la.... Conversion will take time oso... And not all will be dumping.

Bursa announcement:
The Board of Directors of PIB is pleased to announce that the RCN of Tranche 2 Notes comprising of five (5) equal sub-tranches of RM400,000 each in an aggregate value of RM2.0 million have been issued on 23 July 2014.

This announcement is dated 23 July 2014.

Posted by Cweed > 2014-07-24 20:18 | Report Abuse

If I'm not mistaken, past 2 days, this counter had huge volume - top 10 or somewhere there...

Posted by candygirls > 2014-07-24 20:23 | Report Abuse

I would also extend a welcome to tjhlcat to the ever-growing list of new IDs of YDPChairman, chewchew, wave000, hm666, ufis, Honda777, glass, yamaha777, Kukumanis, m00077, mahorse, Super999, reeee, 39839318, sahringinfoz, PImarket, resort23, Google, tiger555, harvey, cjiejack, Brightstar, Elegance, Kkanasg, Us222, suzuki123, yilo, sifukl, beautiful888, ks123, Huatarr123, Electricity555, huatarr123, Rahman1955, candys, kantigirl, candygirll, Newton, saltedball, Skynet999, PImarket, Jason999, haveylaisi, Kkanakasgsochai, Kksochai, muarsochai, Muarsohai, saltedveg, wongwee, Delta3, saltedegg, seowcp, delta1, delta, Happybird, Master111, orangmalaysia, Zerconium, investor777, Bitthedog, mercury999, bull123, datukkung, sangharimauu, sulaiman5591, yipman, Arrifin, latukgoh, natukgoh, ship3, heavy, thjldog, Thaohong, whatsapp, Airforce.....Lol

Posted by sleepingtiger > 2014-07-25 01:11 | Report Abuse

Based on past conversion date I wont be surprise that this rm 2 millions RCN will be converted to 140 millions shares within the next few days .

The holder will be busy flooding the market to take profit.

Why the management is still desperate for money?

Are there more things under the carpet?

Posted by sleepingtiger > 2014-07-25 01:14 | Report Abuse

Sorry 14 millions new shares rather than 140 millions.

Posted by investor99 > 2014-07-25 01:24 | Report Abuse

sleepingtiger, i think the big shark will try to push up the price purposely to clear the new share which issue price at 14.1 cts

Posted by sleepingtiger > 2014-07-25 02:38 | Report Abuse

So far only the first rm 2 miilions of the total rm 10 millions trance 2 RCN was issued.
There are rm 38 millions RCN more to be issued.

The subscriber to RCN is obliged to sell the converted shares immediately in order not to own more than 5 % of the company as agreed.

The converted price is based on the 80 % of the prescribed past traded price.

Hence the big shark has to stir up the market to maintain its price for the new shares to be cleared.

It will be a long time for the whole process to be completed.

Posted by Cweed > 2014-07-26 13:48 | Report Abuse

Kikikkk.... So good,or not? If not good, why u bot? Kikikik.....

Posted by Cweed > 2014-07-26 14:36 | Report Abuse

U should hv checked before jumping in!
Anyway, not as bad as u think. I observed. U r really scaring yrself & scaring others away the way u conduct yr monologue here! Kikikik....
Dun worry la... Got volume. If maintained at last Fri interest level, no problem advancing.

Posted by investor99 > 2014-07-26 18:40 | Report Abuse

from my opinion, not the right time to jump in right now, botton price should lower than 20 cts, b patient & wait?

Posted by upsidedown119 > 2014-07-30 16:51 | Report Abuse

Politics very flexible in Sabah. It may suddenly get a big timber concession (it's an integrated timber complex), then the sky's the limits!

Posted by investor99 > 2014-07-30 20:17 | Report Abuse

the big shark push up the price to clear on hand rcn since pworth-wa low trading volume?

Posted by upsidedown119 > 2014-07-30 21:52 | Report Abuse

If big sharks clearing rcn, even bigger sharks are gobbling. Something's brewing? Price did not fall below 20 sen despite all the 'clearing'.