POWER ROOT BERHAD

KLSE (MYR): PWROOT (7237)

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Last Price

1.74

Today's Change

0.00 (0.00%)

Day's Change

1.73 - 1.74

Trading Volume

14,500


10 people like this.

2,302 comment(s). Last comment by fruitcake 1 week ago

treasurehunt

1,786 posts

Posted by treasurehunt > 2022-05-27 19:22 | Report Abuse

Director kena margin call? If not then he would be charged for insider dealing.

treasurehunt

1,786 posts

Posted by treasurehunt > 2022-05-27 19:33 | Report Abuse

Margin call?

Disposal of 4,000,400 ordinary shares in the open market by RHB CAPITAL NOMINEES (TEMPATAN) SDN BHD and RHB NOMINEES (TEMPATAN) SDN BHD, PLEDGED SECURITIES ACCOUNTS FOR LOW CHEE YEN

Alice7591

112 posts

Posted by Alice7591 > 2022-05-27 21:09 | Report Abuse

Why director sell so many shares?

Raiz368

1,533 posts

Posted by Raiz368 > 2022-05-27 22:06 | Report Abuse

Something bad news will be happen soon...

treasurehunt

1,786 posts

Posted by treasurehunt > 2022-05-27 22:11 | Report Abuse

Low Jun Lee
Non-Independent Non-Executive Director
Malaysian, aged 21, male
Low Jun Lee was appointed as our Non-Independent Non-Executive Director on 30 April 2021.
He is currently pursuing a Bachelor Degree in Banking and Finance at Monash University, Australia.
Mr. Low is the son of the late Dato’ Low Chee Yen, our former Executive Deputy Chairman who was also a substantial
shareholder of the Group. He does not have any conflict of interest with the Group. He does not hold any other
directorships in public companies and listed issuers. He has not been convicted of any offences within the past five (5)
years other than traffic offences, if any and has not been imposed of any public sanction or penalty by relevant bodies
during the financial year.

treasurehunt

1,786 posts

Posted by treasurehunt > 2022-05-27 22:14 | Report Abuse

This 22 years old young man is studying in a University. Tak tahu Bursa insider dealing rules ke?

smartly

6,326 posts

Posted by smartly > 2022-05-27 22:44 | Report Abuse

i believe nothing to do with insider trading or what...just merely want to cash out & wash hand by this young chap. born in the golden spoon.
company should be still healthy.

smartly

6,326 posts

Posted by smartly > 2022-05-27 22:45 | Report Abuse

around 1% of the total shares disposed.

treasurehunt

1,786 posts

Posted by treasurehunt > 2022-05-27 22:48 | Report Abuse

The trades happened in the morning and the announcement of Intention to Deal During Closed Period after 5pm. What is this?

treasurehunt

1,786 posts

Posted by treasurehunt > 2022-05-27 22:55 | Report Abuse

This young chap inherited bulky of shares from his late father last year. Nothing wrong for the shares disposal. He doesn't know the thing happen in the company la.

treasurehunt

1,786 posts

Posted by treasurehunt > 2022-05-27 23:04 | Report Abuse

5.2 Procedures for Dealings during Closed Period
[Paragraph 14.08 of the MMLR]
The procedures for dealings during closed period are as follows:-
(a) subject to the observance of the clearance procedures as set out in Section
5.1 of this Guidance, the director concerned must give notice of intention to
deal in writing by submitting Appendix DS-1 to the Company Secretary 2 full
market days prior to the dealing. Upon receipt of Appendix DS-1, the
Company Secretary shall make an immediate announcement via Bursa LINK,
which include the following:-
(i) the director’s intention to deal in securities of Bursa Malaysia during
closed period; and
(ii) the director’s current holdings of securities in Bursa Malaysia whose
securities are the subject of the proposed dealing;
(b) the dealing can only be effected after 1 full market day from the date of the
announcement;
(c) the director concerned must also give notice of the dealing in writing by
submitting Appendix DS-2 to the Company Secretary immediately after the
dealing has occurred, i.e. not later than 5.30 p.m. on the day the dealing is
executed. Upon receipt of Appendix DS-2, the Company Secretary shall
make an immediate announcement via Bursa LINK within 1 full market day
following the dealing, stating:-
(i) the date on which the dealing occurred;
(ii) the consideration for the dealing; and
(iii) the number of securities involved in the dealing, both in absolute terms
and as a percentage of all issued securities of that class in Bursa
Malaysia;
(d) the Company Secretary shall maintain a proper record of all notices received;
and
(e) the Company Secretary shall table a summary of dealings notified to Bursa
Securities since the last Board meeting, at each meeting of the Board.

smartly

6,326 posts

Posted by smartly > 2022-05-27 23:05 | Report Abuse

he could be ignorant of the closed period rules. still schooling mah....LOL!
all those uncle aunties in the company did not educate/teach him enough i think..
wait for SC loh...

treasurehunt

1,786 posts

Posted by treasurehunt > 2022-05-27 23:25 | Report Abuse

Luckily, he is merely a non independent non Executive Director. Lolz

VTrade

2,434 posts

Posted by VTrade > 2022-05-28 07:34 | Report Abuse

He used by others ?

Harry

1,330 posts

Posted by Harry > 2022-05-28 09:06 | Report Abuse

Treasure hunt, share price up will not trigger margin call one.

jackjason

140 posts

Posted by jackjason > 2022-05-28 13:11 | Report Abuse

father die son disposal share for enjoy lor. Share buyback push up price mah!

treasurehunt

1,786 posts

Posted by treasurehunt > 2022-05-28 17:34 | Report Abuse

Possible of using Pwroot shares as collateral for trading shares of another company. The share price of another company jumped from the cliffs resulting margin call in Pwroot to cover the losses.

treasurehunt

1,786 posts

Posted by treasurehunt > 2022-05-28 17:40 | Report Abuse

The way of getting rid of PWROOT shares alike margin call...like no tomorrow. Kept throwing each block 500k shares nonstop in the morning session.

treasurehunt

1,786 posts

Posted by treasurehunt > 2022-05-28 17:57 | Report Abuse

The drama was started at 9.58am and ended before 12pm. Few million of shares needed to be thrown away in less than 2 hours.

Alice7591

112 posts

Posted by Alice7591 > 2022-05-28 19:34 | Report Abuse

So the son inherit his father 4 million of shares lah

Aaron_tan

2,337 posts

Posted by Aaron_tan > 2022-05-28 22:58 | Report Abuse

He still got 10 percent left lol

VTrade

2,434 posts

Posted by VTrade > 2022-05-29 04:03 | Report Abuse

capcom, here come a New director ?

jackfruit

544 posts

Posted by jackfruit > 2022-05-29 10:33 | Report Abuse

Power Root should do very well as they export to Middle East. Currently the oil boom will make Middle East people more rich and will drink more Alicafte. Futhermore at home the Felda settlers are getting richer as palm oil prices rising. They will drink more Alicafte.

Harry

1,330 posts

Posted by Harry > 2022-05-29 10:56 | Report Abuse

Wtf he want 6millions cash

Harry

1,330 posts

Posted by Harry > 2022-05-30 11:45 | Report Abuse

Power Root should do very well as they export to Middle East. Currently the oil boom will make Middle East people more rich and will drink more Alicafte. Futhermore at home the Felda settlers are getting richer as palm oil prices rising. They will drink more Alicafte.
----------------------------------------
result wont be good. at most average.

treasurehunt

1,786 posts

Posted by treasurehunt > 2022-05-31 13:23 | Report Abuse

The kid has spoiled the momentum.

treasurehunt

1,786 posts

Posted by treasurehunt > 2022-05-31 18:22 | Report Abuse

Great QR.

Karma4444

743 posts

Posted by Karma4444 > 2022-05-31 18:23 | Report Abuse

Super results

c2k9791

268 posts

Posted by c2k9791 > 2022-05-31 19:31 | Report Abuse

Business back to pre-covid. : )

firehawk

4,765 posts

Posted by firehawk > 2022-05-31 21:58 | Report Abuse

True recovery stock .....

Raiz368

1,533 posts

Posted by Raiz368 > 2022-05-31 23:20 | Report Abuse

Still under selling pressure by company director...

treasurehunt

1,786 posts

Posted by treasurehunt > 2022-06-01 10:03 | Report Abuse

Business and profitability is recovering to the pre-covid level. Don't think the kid wants to sell his stakes at this price level except margin call.

treasurehunt

1,786 posts

Posted by treasurehunt > 2022-06-02 11:22 | Report Abuse

On the way back to 2.0 after posting great QR and consumer demand recovery momentum.

VTrade

2,434 posts

Posted by VTrade > 2022-06-02 20:28 | Report Abuse

Walao ini recover so fast.
Some other stock masih droping
What is the market curently??

awesome20

1,184 posts

Posted by awesome20 > 2022-06-02 22:42 | Report Abuse

Powerful Pwroot
Thanks
Telegram
gift
idea
bursa

Easy 10cent in 2 days

Harry

1,330 posts

Posted by Harry > 2022-06-04 18:46 | Report Abuse

Another rubbish overrated overvalue junk after bjfood and texchem

jackfruit

544 posts

Posted by jackfruit > 2022-06-04 19:29 | Report Abuse

Where can you find a company like Power Root that give you dividend every quater. Power Root is slowly heading to it glory day.

jackfruit

544 posts

Posted by jackfruit > 2022-06-04 19:38 | Report Abuse

I have been holding Power Root for about 12yrs. My cost about 60sen.Total dividen received for my 12yrs investment already more than my cost. That also exclude bonus shares n warrent.

Harry

1,330 posts

Posted by Harry > 2022-06-06 17:22 | Report Abuse

0.6 is the price, not above 1.7. Thats why director sold
4 millions share at this price

treasurehunt

1,786 posts

Posted by treasurehunt > 2022-06-07 17:57 | Report Abuse

Today, The kid exercised ESOS 6.48 million shares at the price 0.563. This fellow is so syok man!

Harry

1,330 posts

Posted by Harry > 2022-06-07 19:29 | Report Abuse

Hope he throw tomorrow

jackjason

140 posts

Posted by jackjason > 2022-06-07 20:55 | Report Abuse

狐狸尾巴出来了。
Push up the share price(share buy back) then dispose at higher price then exercise the ESOS with super cheaper price.
Fool themMinority shareholder

Harry

1,330 posts

Posted by Harry > 2022-06-07 21:51 | Report Abuse

Gg. Tp 0.8

treasurehunt

1,786 posts

Posted by treasurehunt > 2022-06-07 22:10 | Report Abuse

ESOS is complicated also. Don't know what is the balance quantity of the ESOS to be exercised and impact to PL if any.

jackjason

140 posts

Posted by jackjason > 2022-06-07 23:37 | Report Abuse

ESOS is for controlling director "korek" money from public minority shareholder. Say appreaciate their super excellent service in company with cheaper ESOS price.

c2k9791

268 posts

Posted by c2k9791 > 2022-06-08 06:24 | Report Abuse

200% gain from ESOS offer price compared to current price. WTF

Alice7591

112 posts

Posted by Alice7591 > 2022-06-08 12:25 | Report Abuse

Big block at 1.78

Harry

1,330 posts

Posted by Harry > 2022-06-08 21:24 | Report Abuse

Sellll. Market crash anything

VTrade

2,434 posts

Posted by VTrade > 2022-06-10 08:46 | Report Abuse

Power

treasurehunt

1,786 posts

Posted by treasurehunt > 2022-06-10 10:15 | Report Abuse

ESOS 1 expiring on 22 July 2022 balance options to be exercised as stated in AR 2021 = 21.787 million.

After minus 4 million options exercised in FY 22, the remaining ESOS is about 15 million excluding 6.48 million taken up by the young chap recently.

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