RENEUCO BERHAD

KLSE (MYR): RENEUCO (7130)

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Last Price

0.08

Today's Change

0.00 (0.00%)

Day's Change

0.08 - 0.085

Trading Volume

772,400


7 people like this.

16,634 comment(s). Last comment by Keeheong1960 1 day ago

power88

1,588 posts

Posted by power88 > 2021-04-26 14:46 | Report Abuse

The Board of Directors of KPower (“Board”) is pleased to announce that KPower Engineering Sdn Bhd (formerly known as Hypergize Link Sdn Bhd) (“KPEng”), a wholly-owned subsidiary of KPower, has on 26 April 2021 accepted the letter of award for contract works of approximately RM510,000,000 from the following:-

a) Cabaran Hijau Sdn. Bhd. (“CHSB”) to undertake amongst others, the engineering, design, procurement, construction, commissioning and completion of a 18.7 MW mini hydro power plant in Sg. Jelai Kecil, Mukim Jelai, Daerah Lipis, Pahang Darul Makmur, for a contract price of RM199,159,192.83 (“Project 1”) (“LOA 1”);

b) Selat Serasi Sdn. Bhd. (“SSSB”) to undertake amongst others, the engineering, design, procurement, construction, commissioning and completion of a 13.9 MW mini hydro power plant in Sg. Telom, Mukim Hulu Telom, Cameron Highland, Pahang Darul Makmur, for a contract price of RM148,038,116.59 (“Project 2”) (“LOA 2”);

c) Denai Delima Sdn. Bhd. (“DDSB”) to undertake amongst others, the engineering, design, procurement, construction, commissioning and completion of a 12 MW mini hydro power plant in Sg. Lemoi, Mukim Hulu Telom, Cameron Highland, Pahang Darul Makmur, for a contract price of RM127,802,690.58 (“Project 3”) (“LOA 3”); and

d) Koridor Mentari Sdn. Bhd. (“KMSB”) to undertake amongst others, the engineering, procurement, construction, commissioning and completion of a 5.25 MW mini hydro power plant along Sg. Kampar, Kampar, Perak Darul Ridzuan, for a contract price of RM35,000,000 (“Project 4”) (“LOA 4”).

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2021-04-26 15:01 | Report Abuse

run anson,.... run... proven kpower is x100 better than ur miss jaks

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2021-04-26 15:04 | Report Abuse

another good potential stock that can consider is edgenta. collect before it become a hot cake

Ekkram

763 posts

Posted by Ekkram > 2021-04-26 15:21 | Report Abuse

Run Anson Run..

LossAversion

1,707 posts

Posted by LossAversion > 2021-04-26 15:22 | Report Abuse

Anson ran leaving his thing behind!!

KEENTRADER

358 posts

Posted by KEENTRADER > 2021-04-26 15:28 | Report Abuse

what news on Edgenta?

Edddddd

77 posts

Posted by Edddddd > 2021-04-26 15:53 | Report Abuse

bye anson

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2021-04-26 16:26 | Report Abuse

keentrader.... good undervalue stock dun need news. just buy and hold

AnsonLiew

2,251 posts

Posted by AnsonLiew > 2021-04-26 17:03 | Report Abuse

trap

good luck

tomorrow drop back rm1.8

power88

1,588 posts

Posted by power88 > 2021-04-26 17:04 | Report Abuse

no power...

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2021-04-26 17:09 | Report Abuse

ansonLiew.... ur words are so boring. Can come out with somthing new? everyday saying same boring thing

brian3381

1,888 posts

Posted by brian3381 > 2021-04-26 17:10 | Report Abuse

today purposely press down. tomorow is the show!!!

kfbusjd

665 posts

Posted by kfbusjd > 2021-04-26 18:12 | Report Abuse

For this financial year, inclusive of this award, KPower has secured RM1.2bil worth of projects and is confident to secure RM2bil for the financial year ending June 30, 2021.

rocketfly1

156 posts

Posted by rocketfly1 > 2021-04-26 18:51 | Report Abuse

U can c that 3-4.45pm price is press down, because they want to scare those newbie and buy cheap ticket, this show that an uptrend is coming, if not, who want purposely go press down price, too free?

Selina888

306 posts

Posted by Selina888 > 2021-04-26 19:11 | Report Abuse

Can opening price reach 2.28 tomorrow? Just intuition.

rocketfly1

156 posts

Posted by rocketfly1 > 2021-04-26 19:36 | Report Abuse

Hopefully, 10% is an easy case, those glove ppl is about time leaving, so most probably they will come this counter

kfbusjd

665 posts

Posted by kfbusjd > 2021-04-26 20:51 | Report Abuse

why sell? This is just starting. now secured project only 1.2billion and company target is 2 billion. Management said they are confident to secure 2 billion project for the financial year ending June 30, 2021. More and more projects coming soon.

Nafhah10

89 posts

Posted by Nafhah10 > 2021-04-27 02:39 | Report Abuse

More contract coming, big bos mau raya tahun ni.

power88

1,588 posts

Posted by power88 > 2021-04-27 07:49 | Report Abuse

2.50 easily

AnsonLiew

2,251 posts

Posted by AnsonLiew > 2021-04-27 08:04 | Report Abuse

run sell on news

many time after annouc project drop one la

checl back kpower history
everytime get project drop until mother also cant recognize Lol

good luck buy now

Posted by SpeedNpower > 2021-04-27 08:25 | Report Abuse

Sell on news

AnsonLiew

2,251 posts

Posted by AnsonLiew > 2021-04-27 08:41 | Report Abuse

sell on news

AnsonLiew

2,251 posts

Posted by AnsonLiew > 2021-04-27 08:45 | Report Abuse

oredy go up 10% la Lol

u thinl insider dont know meh they secure proejct

oredy buy early than u lo

now u only wan to buy when good news out

think logically Lol

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2021-04-27 09:23 | Report Abuse

AnsonLiew. U r free to sell. Nobody stop u la. Dun need to announce to the whole world the colour of ur underwear

power88

1,588 posts

Posted by power88 > 2021-04-27 09:26 | Report Abuse

just collect wait 3 mths..

power88

1,588 posts

Posted by power88 > 2021-04-27 09:27 | Report Abuse

waiting 2.00

AnsonLiew

2,251 posts

Posted by AnsonLiew > 2021-04-27 09:37 | Report Abuse

see tell many time oredy is trap no one listen me

buy now all gg go holland

power88

1,588 posts

Posted by power88 > 2021-04-27 09:54 | Report Abuse

RHB
Reiterate BUY, unchanged MYR3.12 TP offers 51% upside with c.1%
FY21 (Jun) yield. We are upbeat on KPower winning four domestic
engineering, procurement, construction and commissioning (EPCC)
contracts worth MYR510m, where it will work on mini hydropower plants.
This puts its orderbook growth on track. We make no changes to our
earnings estimate, as the company’s YTD win of MYR1.1bn is still within
our orderbook replenishment assumption.

Secured four EPCC contracts worth MYR510m. KPower announced that
it has accepted a letter of award for four EPCC jobs on 5.25-18.7MW mini
hydro power plants, from various parties: Cabaran Hijau, Selat Serasi,
Denai Delima, and Koridor Mentari (project companies). The value of these
contracts range from MYR35m to MYR199m, and total MYR510m. The
smallest contract has the shortest duration of <14months, while the
remaining three contracts have a similar duration of <4 years (see Figure 1
for details). KPower and the project companies will enter into a definitive
agreement within 60 business days, from the date of acceptance.

Maiden EPCC contract win in Pahang. We are positive on the contract
wins (which come up to 32% of its MYR1.6bn orderbook as of 2QFY21), as
it demonstrates KPower’s capacity to secure contracts domestically. Three
of these mini hydropower plants are in Pahang, while the remaining one is
in Perak. This also marks its first EPCC contract win in Pahang. These
contracts are related party transactions, as Deputy Chairman and Group
Managing Director Mustakim Mat Nun and group CFO Amirul Afif Abd Aziz
are also directors of the project companies and have intention to acquire
certain stakes in the project companies. We believe these projects could
fetch gross margins of 15-20%, which are comparable to other contracts
secured earlier on.

Forecasts. Including these wins, KPower’s YTD wins increase to
MYR1.1bn. As it is still within our FY21 MYR1.3bn replenishment
assumption, we make no changes to our earnings estimate.

Still BUY. Our unchanged MYR3.12 TP is still pegged to 25x FY22F P/E.
We believe KPower could potentially raise funds to finance its large-scale
solar power (LSS4) project and for future expansion. Assuming a cash call
to enlarge its share base by 10%, our TP could be diluted to MYR2.84 if we
assume no incremental earnings. All in, our outlook remains positive, as
Kpower has strong earnings growth potential – premised on its solid
orderbook and handsome ROE. Its recent venture into solar photovoltaic
installation may further strengthen growth prospects, as it could ride on the
wave of interest in renewable energy in Malaysia – if it is able to establish
a track record. Downside risks to our call are a lower-than-expected
orderbook replenishment rate, and project cost overruns

power88

1,588 posts

Posted by power88 > 2021-04-27 09:56 | Report Abuse

AMInvest TP=2.31 RHB TP = 3.12
Average =2.71....

AnsonLiew

2,251 posts

Posted by AnsonLiew > 2021-04-27 10:04 | Report Abuse

sell on news!

hahahahahah

KEENTRADER

358 posts

Posted by KEENTRADER > 2021-04-27 10:19 | Report Abuse

profit taking time

Loop37

83 posts

Posted by Loop37 > 2021-04-27 11:56 | Report Abuse

It's coming soon

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2021-04-27 11:59 | Report Abuse

Price up... ansonliew run for yr life.....

Cakes Moon

6,893 posts

Posted by Cakes Moon > 2021-04-27 12:02 | Report Abuse

Walao, lai liao! Lai liao!
Goreng warrant up first!
Today break 60 cents.

AnsonLiew

2,251 posts

Posted by AnsonLiew > 2021-04-27 14:46 | Report Abuse

run sell on news

KEENTRADER

358 posts

Posted by KEENTRADER > 2021-04-27 14:58 | Report Abuse

Power coming... Anson going

Posted by lianhai1996 > 2021-04-27 16:33 | Report Abuse

lets make it this week or next estimate will boom for solar sector enough dropping

Posted by lianhai1996 > 2021-04-27 16:34 | Report Abuse

next week#

KEENTRADER

358 posts

Posted by KEENTRADER > 2021-04-27 16:44 | Report Abuse

This week has two more trading days left

Posted by lianhai1996 > 2021-04-27 16:51 | Report Abuse

lets see what gonna happen to kpower and other stock, reboucing is happening

Ekkram

763 posts

Posted by Ekkram > 2021-04-27 17:26 | Report Abuse

Anson I bet you are having difficult life currently, I haven’t seen a mental guy continuosly like this for awhile, for your own benefit better go to meet psychiatrist before is too late bro.

No need to be in denial

power88

1,588 posts

Posted by power88 > 2021-04-27 20:29 | Report Abuse

行家建议:
拿下上述合约后, 威立集团截至6月底本财年,累积新合约达到12亿令吉,这仍在我们的预估范围内。
我们预计,该集团在2021至2023财年每年可拿下14亿令吉新合约,而该集团则预测今年拿下20亿令吉。
此外,该集团的手持订单也增加了约30%,达到22亿令吉。
我们继续看好威立集团,归因于全球对干净和永续能源的需求,和致力促进碳中和以应对气候变化的趋势,令可再生能源领域拥有亮丽前景。
此外,该集团持有22亿令吉绿色公用事业领域项目订单,同时还在竞标着34亿令吉工程,使其盈利前景和增长潜力强劲。
我们维持“买入”评级和2.31令吉的目标价,相等于2023财年本益比18倍。

kfbusjd

665 posts

Posted by kfbusjd > 2021-04-27 21:04 | Report Abuse

hard to go up la, so many sell queue every sen. Better wait for qr result next month.

AnsonLiew

2,251 posts

Posted by AnsonLiew > 2021-04-27 21:31 | Report Abuse

rm2.31 by 2023

walao Lol many stock out there better than kpower

need to wait 2 year only get 10% profit Lol

tat y i wouldn't touch tis con stock

BATFLY

722 posts

Posted by BATFLY > 2021-04-27 21:38 | Report Abuse

Ekkram.. Guess you are right.. Anson must be a Psycho.. Ha Ha.. Simply talk nonsense.. Ha Ha.. Maybe Tanjung Tambutan will be a great place for him..

BATFLY

722 posts

Posted by BATFLY > 2021-04-27 21:38 | Report Abuse

Rambutan...

Burstard

183 posts

Posted by Burstard > 2021-04-27 22:41 | Report Abuse

Lol I'm starting to think he is really mental case so free from last year spamming haha

AnsonLiew

2,251 posts

Posted by AnsonLiew > 2021-04-28 08:23 | Report Abuse

run b4 too late

kpower hutang a lot

got project also no use

AnsonLiew

2,251 posts

Posted by AnsonLiew > 2021-04-28 08:24 | Report Abuse

better buy jaks

next month confirm shot rocket after report out

dont say i bojio

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