so based on above assumption if during ex-date share price 0.10, after all those activities share price will go down to 0.05? my assumption: share price assume during ex-date 0.10; 1:2附加 0.05 each, share price (0.10+0.10)/3=0.067 2附加 free 1 issue, share price (0.067*3)/4=0.05 correct?
i think the share price will run up prior to the ex date, this is not one to play contra or short term... i think should be ok in the long term. these are my views only
The problem is the singapore entity. The sabah opposition is always shouting "sabah for Sabahans". This cud b a rallying point for them. The forestry Dept is looking to expand its holdings so unless pworth says it has been okayed, I'm staying away.
Both private placement & special issue will increase share volume in the market. ie. issue new shares and hence 100% will dilute the share value for sure.
OTHERS PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE OF ITS OWN SHARES REPRESENTING UP TO 10% OF ITS ISSUED AND PAID-UP SHARE CAPITAL
PRICEWORTH INTERNATIONAL BERHAD
Type Announcement Subject OTHERS Description PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE OF ITS OWN SHARES REPRESENTING UP TO 10% OF ITS ISSUED AND PAID-UP SHARE CAPITAL The Board of Directors of Priceworth International Berhad ("the Company') wishes to announce that the Company proposes to seek approval from its shareholders for the renewal of authority for the purchase of own shares at the Company's forthcoming 20th Annual General Meeting ("AGM").
The Company obtained its shareholders' approval to purchase its own shares at the 19th AGM held on 15 December 2015 and such authority given will be expired at the forthcoming AGM.
The statement containing details of the proposed renewal of authority for the purchase of own shares will be despatched to the shareholders of the Company in due course.
MULTIPLE PROPOSALS PRICEWORTH INTERNATIONAL BERHAD ("PWI" OR THE "COMPANY") (I) PROPOSED ACQUISITION; (II) PROPOSED PRIVATE PLACEMENT; (III) PROPOSED SPECIAL ISSUE; (IV) PROPOSED RIGHTS ISSUE; (V) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL; (VI) PROPOSED AMENDMENT; (VII) PROPOSED ACQUISITION OF SSB; AND (VIII) PROPOSED LISTING COLLECTIVELY REFERRED TO AS THE "PROPOSALS
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....
tklim
3,205 posts
Posted by tklim > 2016-10-20 08:50 | Report Abuse
Tangible book Value 0.38.....can Hold....