Posted by kfbusjd > 1 month ago | Report Abuse

Dont talk about ECRL 1st. Based on past experience, this management team always disapointed me. Going to delist sooner if they cant come out with restructuring plan within the timeframe.

Posted by kfbusjd > 1 month ago | Report Abuse

ECRL still takes few years to be completed but Reneuco would be delisted after few more months. No point talking too much about ECRL before it is out from pn17. ECRL would bring big profit to the company but at that time Reneuco would no longer a listed company in Bursa Malaysia. This is the main point.

Posted by InvestorKING > 1 month ago | Report Abuse

Heard that Reneuco will follow Serba, will delist soon

Posted by limit_up > 1 month ago | Report Abuse

Dropped from rm2. Goreng je la...
Sapu je la.

Posted by InvestorKING > 1 month ago | Report Abuse

Hahaha, never spiked

Posted by Anw412 > 1 month ago | Report Abuse

Their LSS4 solar project in Pekan are facing delays for 6 months already. Everyday gov will charge 250K. Company takde duit, kena denda lagi how to survive? Let see if citaglobal got the power to help this co. Hydro power in Sabah pun tak tahu apa progress.. Pn17 lagi bank pun tacott nak bagi loan.. Rubbish

Posted by limit_up > 1 month ago | Report Abuse

CCCC to share ECRL's operational risks with MRL https://theedgemalaysia.com/node/717736

Posted by InvestorKING > 1 month ago | Report Abuse

Hahaha, no spike today wor

Posted by InvestorKING > 1 month ago | Report Abuse

This limitup yesterday commented today will spike, but never spiked today, but the deleted his comment already

Posted by B4b4 > 4 weeks ago | Report Abuse

Reneuco....Good day

Posted by kaipeng911 > 3 weeks ago | Report Abuse

Mustakin bila nak resign?tukar managmentlah。bad managment how can help reneuco to build up from PN17?

Posted by Keeheong1960 > 3 weeks ago | Report Abuse

Renueco is just only sub con from MRL.MRL tak cukup duit untuk proceed project ECRL nak tunggu china government dapat pinjam tak.negara south east Asia sudah siap jalan hanya Malaysia saja buat bodoh.

Posted by curiousq > 3 weeks ago | Report Abuse

why he plays himself vol high high @0.085?

Posted by ashland > 3 weeks ago | Report Abuse

He is collecting...

Posted by Keeheong1960 > 3 weeks ago | Report Abuse

Yes accumulate the renueco share

Posted by Keeheong1960 > 3 weeks ago | Report Abuse

Not so soon to push up waiting for the good news

Posted by Silentreader88 > 3 weeks ago | Report Abuse

wow. mother suddenly active. son so lazy, havent moved

Posted by ashland > 3 weeks ago | Report Abuse

Seems like lencai sudah mali

Posted by ambuyat > 3 weeks ago | Report Abuse

Jom

Posted by curiousq > 3 weeks ago | Report Abuse

Wah !! very strong .... many others cannot but this one unexpected boom

Posted by Newcomer > 3 weeks ago | Report Abuse

i top up now.. another wave coming

Posted by IlmuKhodam > 3 weeks ago | Report Abuse

Buy in more. Monday sure second round goreng.

Posted by B4b4 > 3 weeks ago | Report Abuse

Boom boom boom...fly up

Posted by Silentreader88 > 3 weeks ago | Report Abuse

If you look at daily technical charting, it is now due for another spike, short term trader likely can enjoy fruitty return 2-3 weeks. So, Just collect.

Posted by Michael Kwok > 2 weeks ago | Report Abuse

Reneuco 10 cents.
If it stay longer 9.5-10.5 cents
Possible breaching 14 cents
Tp 16-20 cents.
15/7/24 1.15pm

Posted by Eagle77 > 2 weeks ago | Report Abuse

Again Hubline Bhd Sarawak in action ✅ buy it going to fly 🚀🚀🚀 high guys 😎

Posted by B4b4 > 2 weeks ago | Report Abuse

Reneuco......boleh

Posted by whistlebower99 > 2 weeks ago | Report Abuse

FOR NEWBIES

PRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
Description RENEUCO BERHAD ("RENEUCO" OR THE "COMPANY")
- MONTHLY ANNOUNCEMENT PURSUANT TO THE PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3460680

https://www.klsescreener.com/v2/stocks/view/7130/reneuco-berhad

==================
Reference is made to the Company’s First Announcement dated 8 February 2024 and subsequent monthly announcements made by the Company in relation to the classification of the Company as an affected listed issuer under Practice Note 17. Unless otherwise defined, the definitions set out in the First Announcement shall apply herein.

Pursuant to paragraph 4.1(c) of Practice Note 17 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”), the Board of Directors of the Company wishes to announce that the Company is in the midst of formulating a regularisation plan to address its financial condition (“Regularisation Plan”) and shall make the necessary announcement(s) with regards to the development thereof accordingly. The Company has approximately 7 months to submit its Regularisation Plan to the relevant regulatory authorities for approval to implement the same.

This announcement is dated 1 July 2024

====================
TAYOR

Posted by mohda39kashalf > 2 weeks ago | Report Abuse

0.08 in 2 weeks .. sabar2

Posted by Lobaking > 2 weeks ago | Report Abuse

This means reneuco has until Sept to submit its regularisation plan. What if it does or dosent? What happens in both scenarios?

Posted by fl888 > 2 weeks ago | Report Abuse

What will happen to the Citaglobal=Reneuco Consortium of 30 years worth RM600 million to power up ECRL if it is delisted ?

Posted by Bright888 > 2 weeks ago | Report Abuse

Reneuco....boleh naik semula ke 22s

Posted by IlmuKhodam > 2 weeks ago | Report Abuse

ECRL will be using steam engine if Reneuco delisted.

Posted by mohda39kashalf > 2 weeks ago | Report Abuse

round 4 .. every 2 weeks

Posted by 03zerothreee > 2 weeks ago | Report Abuse

wah up back 22s, sure or not

Posted by mohda39kashalf > 2 weeks ago | Report Abuse

very sure 0.08 ..

Posted by Keeheong1960 > 2 weeks ago | Report Abuse

Now u all small investor are fear the big player are very firm.renueco shall not delisted u all don't afraid.big player collect not enough they don't goreng.big player make big money.

Posted by Bright888 > 2 weeks ago | Report Abuse

Reneuco....BOLEH

Posted by tommypandaz > 1 week ago | Report Abuse

very very hard wall is blocking the way

Posted by carilembu > 1 week ago | Report Abuse

High possibility to follow Serba . Don't touch this counter.

Posted by raymondroy > 6 days ago | Report Abuse

just a word of cautious to everyone who is trading reneuco.... its becoming a highly risky punters counter for many reasons.... with one of it being the fact that its related to serbaDK shareholders, and you all know what happened to serbaDK..... its 8c now, and has gone all the way to 5c..... from 8c if it goes to 16c that 100% profit ... likewise if it goes to 0.5c then its 95% loss !!! Unless you have secured news of the company's plans..... dont gamble, happy hunting

Posted by raymondroy > 6 days ago | Report Abuse

RENEUCO Bhd incurred an impairment loss of RM132m in its fifth financial quarter ended Sept 30, 2023. Indeed, based on its closing price of 21.5 sen (3rd week Dec23), the sum represents more than 80% of the company’s market capitalisation of RM160m.
When asked what caused such a sizable impairment, Reneuco tells The Edge it was mostly related to engineering, procurement, construction and commissioning (EPCC) contracts for which the relevant project owner had yet to obtain financial close, or pending disbursement from the financiers !!!
Reneuco, however, did not divulge the details of the project owner mentioned.
The impairment raises eyebrows because its mini-hydro dam projects in Laos are owned by OHP Capital Sdn Bhd — a company that is related to its major shareholder and CEO.
Today Reneuco has acquired Adat Sanjung.... which is a 100% subsidiary of OHP Capital !!! for RM90m in cash !!! Smells fishy on RPT standpoint.

Posted by miji > 5 days ago | Report Abuse

scammer...

Posted by mohda39kashalf > 5 days ago | Report Abuse

relax2 .. waiting 0.08 ..

Posted by grimpoinvestor > 4 days ago | Report Abuse

Sudah touch 0.08

Posted by mohda39kashalf > 4 days ago | Report Abuse

touch only .. wait n relaq .. the q still long to go

Posted by kfbusjd > 4 days ago | Report Abuse

honestly, i cant see the hope for this company to escape from pn17. As a green energy construction company, it only got less than 1m revenue from construction sector. Managing director Mustakim keep on selling his shares shows that he want cabut already. Just see the latest announcement, he is going to sell another big amount of shares at this super low price sooner. Director already cabut, unless got white knight, otherwise delist is just a matter of time.

Posted by limit_up > 4 days ago | Report Abuse

Gg.. scammer counter. Delist soon. Just sell... don't buy...

Posted by Keeheong1960 > 3 days ago | Report Abuse

Just only a guessing game.kalau takut delisted jangan beli

Posted by mohda39kashalf > 1 day ago | Report Abuse

the engine just start