Posted by SSteady > 2024-02-09 09:34 | Report Abuse

After reviewing the audited Annual Report (AR) and following the Reneuco saga, I can summarise as follows:
1. The auditors were unable to verify the accuracy of certain figures, primarily data related to three hydroelectric projects dating back to 2019, which were managed by the previous administration.
2. A Special Investigative Review (SIR) team was formed, which conducted an independent review and produced a report with recommendations.
3. The auditors could not verify all the figures by 8 February; hence, they were unable to complete the audit.
4. Reneuco faced a decision: either grant the auditors additional time to complete the audit, risking suspension due to the inability to release its annual report on time, or accept the auditors' inability to express an opinion and release the annual report on 8 February, which would result in being classified as a PN17 company.
5. Reneuco chose the latter option and has now been classified as a PN17 company.

Posted by Eagle77 > 2024-02-09 09:55 | Report Abuse

SARAWAK is the KING MAKER OF COMING AND FUTURE ELECTION to form Malaysia Government 😎🤞

THE SON OF THE KING OF SARAWAK IS IN MINETECH NOW - ABG IZZARIM 😎💪🔥

# MINETECH WILL SUPER STOCK 2024 🔥🚀⬆️✅😎🤞

Posted by fl888 > 2024-02-09 09:59 | Report Abuse

Bankers/Directors sold a lot of shares ranging from 10cts to 24cts recently …..and now slowly buying back at ratio of 6 to 1., 5 to 1, 4 to 1 …like share buy back…looks like Reneuco has been cornered by Bankers/Directors

Posted by Eagle77 > 2024-02-09 10:08 | Report Abuse

MINETEC-PA ONLY 0.06 cents still in time to switch guys 😎👌🤞⬆️✅

Posted by future > 2024-02-09 10:26 | Report Abuse

After buying low at 3.5, obviously time to take profit, today T+2. Waiting red.

Posted by mansaham1972 > 2024-02-09 10:35 | Report Abuse

Reneuco masih boleh pantau,apapun bagi tercari kaunter untuk masuk ada beberapa yg saya cadangkan harga patut masuk utk senang profit spt Asdion 8n85 sen,vsolar 14n14.5 sen,gocean 14n14.5 sen,mmag 10 sen dan waran 3.5 sen,at 18n18.5 sen,mersec 38n39 sen,artronic 27n28 sen,sridge 28n29 sen,oneglove waran 9n10 sen,wegman waran 2n2.5 sen,bjcorp waran 4n4.5 sen,..

Posted by Lovedurian > 2024-02-09 10:37 | Report Abuse

Eagle, shut your mouth.

Posted by CDpro2 > 2024-02-09 10:58 | Report Abuse

the more you response to a dog, the more the dog bark. blame yourself cant controlling well own behavior

Posted by Zazzyy > 2024-02-09 11:03 | Report Abuse

Eagle doesn’t chirp . it is sharp and focussed . only small birds make tweaks every second

Posted by Zazzyy > 2024-02-09 11:04 | Report Abuse

then there are black crows and vultures go after dead animals .

Posted by SSteady > 2024-02-09 11:05 | Report Abuse

You are extremely lucky to have managed to buy at 3.5 cents within that very short period. I queued at 4 cents, but it did not catch. I waited for it to return 4 cents, but it never looked back.


Posted by future > 34 minutes ago | Report Abuse

After buying low at 3.5, obviously time to take profit, today T+2. Waiting red.

Posted by Zazzyy > 2024-02-09 11:07 | Report Abuse

for those who have bought reneuco do not despair , it doesn’t go down without fighting . ability to get AR out in time is one .

Posted by future > 2024-02-09 11:22 | Report Abuse

@SSteady 23 mil shares was done that day; many are lucky ones, except those who was lauding to sell at that time felt frustrated for not buying. Anyway I wish good luck, to all,probably still has room for improvement

Posted by mansaham1972 > 2024-02-09 12:14 | Report Abuse

Buat pancingan harga sekitar 3.5-5 sen

Posted by Eagle77 > 2024-02-09 12:16 | Report Abuse

If bad stock even I shut my mouth the share also down ⬇️🩸🩸🩸

Posted by Eagle77 > 2024-02-09 12:18 | Report Abuse

If good stock u screaming until crazy to bring it down also cannot 🤣🤣🤣

Posted by Eagle77 > 2024-02-09 12:21 | Report Abuse

Run la why make yourself suffering in the uncertain stock??? The future already seen blurred and towards the peat of 🔥🔥 haiyaaaa…susah mahu cakap 🤣🤣🤣🩸🩸🩸

Posted by manka > 2024-02-09 12:34 | Report Abuse

wahh...petang kasi lagi turun...3ct...

Posted by Eagle77 > 2024-02-09 12:35 | Report Abuse

manka…u in out in out sapu money 💰 saja hooo🤣🤣🤣

Posted by Eagle77 > 2024-02-09 12:38 | Report Abuse

Just accept the reality of being in pn17 and if continuing bad qr will be delisted that the real future of this company ⬇️🩸🤕🔜☠️

Posted by Eagle77 > 2024-02-09 12:42 | Report Abuse

I am riding Minetech up to the moon 🚀🌝 …come join me guys 😎🤞⬆️✅

Posted by Zazzyy > 2024-02-09 12:58 | Report Abuse

if you don’t open your mouth no one say you are mute . waste gas 🤣

Posted by Balian de Ibelin > 2024-02-09 13:05 | Report Abuse

Eagle77

When the husband smashes the legs of abused wife with steering rod.
Never try to help abused wife.
Abused wife says .......... but he loves me. 😁👍

You interfere,
the abused wife will put out a contract to kill you,
thats after abused wife got her backbone broken and becomes paralysed for life.

Posted by Ari Aran Gopalan > 2024-02-09 13:18 | Report Abuse

Owh no trapped

Posted by CharlesT > 2024-02-09 13:19 | Report Abuse

I3lurker I will support a bit on yr SCIB

Posted by Balian de Ibelin > 2024-02-09 13:22 | Report Abuse

Likely All fake transactions.
Genuine transactions, tutup dua mata can verify easily.


Posted by JJPTR > 22 minutes ago | Report Abuse

The auditor suspicion mainly revolved around the veracity of the group’s trade receivables, trade payables, revenue and costs of sales.
Same like Serbak case last time. Like father like son.

Posted by Balian de Ibelin > 2024-02-09 13:22 | Report Abuse

Thanks King Charles

Posted by Eagle77 > 2024-02-09 13:30 | Report Abuse

Haiyaaa why so hard just switch to Minetech no more worries but full of happiness and celebrate CNY happily guys 😎🤞

Posted by Balian de Ibelin > 2024-02-09 13:43 | Report Abuse

for Serba case,
when you check the satellite map, it shows virgin empty mud land, but Serba audited accounts can actually report some construction work done 😜.
for days and months after I did the satellite map check, you can still see many i3 forumers singing how good and genuine Serba was.
Any slightly off remarks on Serba and all these abused wives of Serba will threaten you with bodily harm.

Posted by Eagle77 > 2024-02-09 14:14 | Report Abuse

Pisang emas dibawa belayar,
Masak sebiji di atas peti,
Hutang emas boleh dibayar,
Kalah saham boleh mati🤣☠️🩸⬇️

Posted by Eagle77 > 2024-02-09 15:00 | Report Abuse

Lai2…come3…my Minetec already flying guys😎⬆️✅🚀 high n higher to the moon 🌝 fast fast fast wanna go higher liaww🤣⬆️✅

Posted by Eagle77 > 2024-02-09 16:36 | Report Abuse

Masih mahu tunggu bulan 🌝 jatuh kah??? Minetec already flying awak😎⬆️✅🚀🤞

Posted by Eagle77 > 2024-02-09 18:06 | Report Abuse

All the Directors sold off their shares massively ⬇️🩸🩸🩸on 7/2/2024 🤕🤕🤕☠️

Posted by SureWin1Woh > 2024-02-09 21:41 | Report Abuse

When the captain is abandoning the ship, it's a tell sign that the ship is sinking.
DO NOT jump onboard this sinking ship..

Posted by B4b4 > 2024-02-09 22:06 | Report Abuse

A white knight?

Posted by Kim > 2024-02-10 00:03 | Report Abuse

Reneuco Bhd, whose latest annual report saw a disclaimer of opinion by its external auditor, said its special independent review (SIR) found that the sales transactions and costs with identified customers and suppliers “were sufficiently supported” by relevant documentation. The SIR, conducted by Messrs UHY FLVS Sdn Bhd, also “received confirmation from the respective parties” for the sales transactions and cost of sales transactions. The SIR was conducted upon the request of its external auditor Messrs Al Jafree Salihin Kuzaimi PLT, which flagged trade receivables balances of RM321.26 million from July 1, 2019 to June 30, 2023. Al Jafree Salihin Kuzaimi PLT also flagged RM196.31 million in trade payables balances. The two items were included in the communicated scope of the SIR.

Posted by nikki823 > 2024-02-10 08:35 | Report Abuse

Agak2 boleh pergi 10 sen ke dalam minggu ni🤔

Posted by Kim > 2024-02-10 09:21 | Report Abuse

Hehe.
Let’s price talk.
Panic buy on the game.

Posted by Eagle77 > 2024-02-10 10:44 | Report Abuse

🤣🤣🤣 Director sold and run away already…still want to trap people buying 🩸🩸🩸

Posted by Eagle77 > 2024-02-10 10:45 | Report Abuse

Serba Dinamik on the making 🩸🩸🩸so obviously sinking ship 🤣🤣🤣

Posted by Eagle77 > 2024-02-10 10:55 | Report Abuse

Minetech with coming good qr will fly higher next week onwards ⬆️✅🚀🚀🚀😎🤞…

But Reneuco still sick and admitted in ICU who so dumb still holding & hoping here🤣🤣🤣 so sorry I’m telling the truth guys 🙏🤣😎

Posted by wongchin > 2024-02-11 06:05 | Report Abuse

Havent serbak dinamte teach u a lesson before. Still nt learn frm your past mistake?

Posted by stockraider > 2024-02-11 07:54 | Report Abuse

JUST SELL & CHANGE TO INSAS MAH!
Investors of Insas hathaway can afford to only invest in 1 stock that is insas loh!

Why should they look elsewhere when all the insas fundamental numbers are so positive compelling base on share price of rm 1,21 leh ?

The Insas figures are as follows;
1. Insas net cash is rm 1.26 per share
2. insas net cash equivalent per share Rm 1.40
3. Insas nta per share is Rm 3.56
4. Insas RNAV per share after taken account of Inari & M&A is Rm 7.00 per share
5. Insas RNAV per share after taken account of its properties value Rm 9.00 per share.
6. Insas eps Rm 0.19 share.
7. Insas cash generation per share Rm 0.22
8. Insas div per share Rm 0.025
9. Insas Nta growth per share (base buffet measurement of growth} Rm 0.22 pa.

a.Notice that insas net cash equivalent of rm 1.40 exceed share price, that means u can buy whole insas & still collect additional Rm 0.19 cash per share on top of whole company.
b. Based on NTA without any revaluation insas is worth Rm 3.56 per share.
c. If u factor in Inari & M&A hidden reserve plus insas NTA , u will get Rm 7.00 per share.
d. If u factor in { item c } plus other assets & revise property undervalue u get Rm 9.00 a share
5. Insas PE is 6.4x.
6. Insas cash generation per share is rm 0.22 giving u a yield of 18% pa.
7. Insas div yield is rm 0.025 per share or 2.1% pa.
8. Insas growth rate pa is 18%. Note this very powerful factor as insas cash generation is 18% pa and growth rate is 18% pa, that means all insas growth is back up by cash generation equivalent, this is a very powerful factor to the sustainability of cash flow and growth rate.

Conclusion: Having gone thru the financial strength of insas, can u find any other stocks more powerful than insas fundamentally at the current share price leh ?
The answer is none loh!

Thus with insas so attractive fundamentally why should u sell insas & look to buy other stocks leh ?
U should be buying more insas right now bcos of very big margin of safety loh!

Posted by Medusa > 2024-02-11 08:29 | Report Abuse

Drop more buy more

Drop more buy more

Drop more buy more

Drop more buy more

X boleh tahan sell all

Kikiki…

2024-02-09
Insider
DATUK MUSTAKIM BIN MAT NUN (a substantial shareholder) disposed 40,000,000 shares on 07-Feb-2024.

2024-02-09
Insider
DATUK MUSTAKIM BIN MAT NUN (a substantial shareholder) disposed 33,523,800 shares on 07-Feb-2024.

2024-02-09
Insider
DATUK MUSTAKIM BIN MAT NUN (a substantial shareholder) disposed 2,300,000 shares on 07-Feb-2024.

2024-02-09
Insider
DATUK MUSTAKIM BIN MAT NUN (a substantial shareholder) disposed 1,440,000 shares on 07-Feb-2024.

2024-02-09
Insider
DATUK MUSTAKIM BIN MAT NUN (a substantial shareholder) disposed 380,000 shares on 31-Jan-2024.

2024-02-09
Insider
ENCIK AMIRUL AFIF BIN ABD AZIZ (a substantial shareholder) disposed 40,000,000 shares on 07-Feb-2024.

2024-02-09
Insider
OHP CAPITAL SDN BHD (a substantial shareholder) disposed 40,000,000 shares on 07-Feb-2024.

2024-02-09
Insider
OHP VENTURES SDN BHD (a substantial shareholder) disposed 40,000,000 shares on 07-Feb-2024.

2024-02-09
Insider
CIK SARAH AZREEN BINTI ABDUL SAMAT (a company director) disposed 1,440,000 shares at 0.035 on 07-Feb-2024.

2024-02-09
Insider
DATUK MUSTAKIM BIN MAT NUN (a company director) disposed 40,000,000 shares at 0.038 on 07-Feb-2024.

2024-02-09
Insider
DATUK MUSTAKIM BIN MAT NUN (a company director) disposed 33,523,800 shares at 0.049 on 07-Feb-2024.

2024-02-09
Insider
DATUK MUSTAKIM BIN MAT NUN (a company director) disposed 2,300,000 shares at 0.050 on 07-Feb-2024.

Posted by Michael Kwok > 2024-02-11 09:06 | Report Abuse

Reneuco 5.5 cents
Possible revisit 3-4 cents again.stop buying for a while.q urself.
On this range possible 50 percent bounce or above.
11/2/24 9.03am

Posted by stncws > 2024-02-11 11:48 | Report Abuse

Gong Xi Fa Cai !

Posted by Eagle77 > 2024-02-11 12:29 | Report Abuse

Minetech will fly higher ⬆️✅this coming Tuesday guys😎…before it going more higher act faster to join the boat 🚤😎🚀🤞✅

Posted by Eagle77 > 2024-02-11 16:42 | Report Abuse

Serba Dinamik delisted at price 0.02 ⬇️🩸☠️ bye 👋 bye👋

Posted by Eagle77 > 2024-02-12 08:10 | Report Abuse

Those who promoted Serbadk last time killed a lot of people 🩸🩸🩸☠️ money became toilet paper 🧻

Posted by Eagle77 > 2024-02-12 10:30 | Report Abuse

Tomorrow morning still have a bit chance to buy cheap Minetech the longer you wait the higher price will go guys ⬆️✅🚀😎🤞