I have loooooong memory of this counter-- all my Jhr n Mcca frens will given 1000% guarantee the foreign funds will push this to 0.60 since their grandfather n father generation, now the grand children are promised the same goreng pisang.......
My take now : since its the end of world coming soon, no harm join for the fun lah,,,die die togather....
Priceworth International Bhd has fixed the second and final tranche of its placement shares at 10.0 sen per share. The price was at a discount of about 9.7% or 1.1 sen over the five-day volume weighted average price which spanned until 16th January 2017. With 20.2 mln shares to be placed out to investors, Priceworth is expected to raise some RM2.0 mln. ..................................................................................................(The Edge Daily)
Its all abt the PLACEMENT @0.10 ---provided this not given to some chekai broker firm (like this mcca one) for RM 2m share margin finance (no need their own moneys just the interest costs--2mths?) at .16cts the lousy PLACEE can dump it on small players for RM 1.2M good clean profits......hopefully they are NOT so lousy as market expected.....
We refer to the announcement dated 19 October 2016 and 21 October 2016 in relation to the Proposals (“Announcements”).
Unless otherwise defined, all expressions used in this announcement shall carry the same meaning as defined in the Announcements.
On behalf of the Board of Directors of PWI, RHB Investment Bank wishes to announce that PWI had on 25 October 2016 received the approval from Bursa Securities for the listing and quotation of up to 64,203,342 new ordinary shares of RM0.10 each to be issued pursuant to the Proposed Private Placement subject to the following conditions:
PWI and RHB Investment Bank must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Private Placement; PWI and RHB Investment Bank to inform Bursa Securities upon the completion of the Proposed Private Placement; PWI to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Private Placement is completed; and RHB Investment Bank must submit to Bursa Securities details of the placees in accordance with Paragraph 6.15 of the Listing Requirements as soon as practicable before the listing of the new shares to be issued pursuant to the Proposed Private Placement.
This Announcement is dated 26 October 2016. 27/10/2016 09:51
And refer to the Company's price chart last 12 yrs (ALSO PUBLISHED DOCUMENT) and see for ourselves how prices has been kept running down from 1.30 (Jul2007) to 0.785(Mar2011) to 0.58(Dec2012) to 0.40(May2013) to 0.285(Sep2014) to 0.175(Nov 2915) to 0.085(Oct2016)
And now ask ourselves and ask those who believe in this company propaganda (each time they pushed n do bs reports) how minorities INVESTING in this company believing in the propaganda has NO TEAR TO CRY ANYMORE!!!
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....
charles pang kah keet
1,821 posts
Posted by charles pang kah keet > 2017-03-07 14:12 | Report Abuse
TOMORROW GO TO 0:17SEN , MOU MAN TAI, SUP SUP SHUI.