RENEUCO BERHAD

KLSE (MYR): RENEUCO (7130)

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Last Price

0.08

Today's Change

0.00 (0.00%)

Day's Change

0.075 - 0.085

Trading Volume

14,349,600


7 people like this.

16,635 comment(s). Last comment by mohda39kashalf 1 day ago

BATFLY

722 posts

Posted by BATFLY > 2020-08-27 23:14 | Report Abuse

You must know what you are buying.. Not askinh van or cannot buy? Unless we have the crystal ball..

Ally Yee Min

1,134 posts

Posted by Ally Yee Min > 2020-08-28 09:45 | Report Abuse

At this price level already reflect all the good news. I believe the price will retreat to a better healthy level. It is too hot. I like the share price do some healthy correction before start it next wave. I'm abit worry the price going too far.

gemfinder

6,880 posts

Posted by gemfinder > 2020-08-28 10:19 | Report Abuse

rhb upgrade tp to 4.04

hoh13

468 posts

Posted by hoh13 > 2020-08-28 10:29 | Report Abuse

Currently order book locked at 1.3b contracts, target to locked at 2 billion contracts at end of FY2021

20202023

140 posts

Posted by 20202023 > 2020-08-28 14:24 | Report Abuse

Posted by gemfinder > Jun 28, 2020 10:19 AM | Report Abuse

rhb upgrade tp to 4.04

------------------------------------------------------------------------------------------------------------------------------

@gemfinder can you share the link. Thank you.

hoh13

468 posts

Posted by hoh13 > 2020-08-28 20:39 | Report Abuse

Disposal of shares by management at 3.26, amazing

johoran

368 posts

Posted by johoran > 2020-08-29 09:51 | Report Abuse

KUMPULAN POWERNET BERHAD ("KPOWER" OR THE "COMPANY")

- PROPOSED PRIVATE PLACEMENT;
- PROPOSED SHARE SPLIT; AND
- PROPOSED DIVERSIFICATION

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

johoran

368 posts

Posted by johoran > 2020-08-29 09:51 | Report Abuse

when share split

hoh13

468 posts

Posted by hoh13 > 2020-08-30 12:50 | Report Abuse

As CEO said normal EPCC project's gross margin around 15-18%,but most of their EPCC includes design, so they get 20% gross margin of KPOWER. But, in current QR, it shows that kpower gross margin about 37%, anyone got research on this and can share ur opinions? Will it back to gross margin 18-20%?

Jack888

853 posts

Posted by Jack888 > 2020-09-01 09:55 | Report Abuse

Double top 3.45

gemfinder

6,880 posts

Posted by gemfinder > 2020-09-01 10:45 | Report Abuse

HUATTTTT AHHHHHHHHHHHHHHH

Sky Liew

940 posts

Posted by Sky Liew > 2020-09-01 10:54 | Report Abuse

New high lo

KenKen84

285 posts

Posted by KenKen84 > 2020-09-01 11:32 | Report Abuse

Fly together with SCIB . Think nothing much issue regarding these 2 company , good result & bright futures

Sky Liew

940 posts

Posted by Sky Liew > 2020-09-01 14:28 | Report Abuse

Just hold it until bonus lai first

gemfinder

6,880 posts

Posted by gemfinder > 2020-09-01 15:29 | Report Abuse

split share dun think got bonus issue. dividen mayb la

Sky Liew

940 posts

Posted by Sky Liew > 2020-09-01 18:25 | Report Abuse

Split Liao then free warrant ma

Posted by naramsin > 2020-09-01 21:18 | Report Abuse

anyone have any idea if KPOWER has done any CSR?

Posted by David Gunter > 2020-09-01 23:16 | Report Abuse

Tomorrow might limit up

brendonyeap

1,648 posts

Posted by brendonyeap > 2020-09-02 07:23 | Report Abuse

Buy as much as possible

NESARAJAH1

396 posts

Posted by NESARAJAH1 > 2020-09-02 16:14 | Report Abuse

What happened. Drop so much

fujiapple

241 posts

Posted by fujiapple > 2020-09-02 16:34 | Report Abuse

Time to collect?

gemfinder

6,880 posts

Posted by gemfinder > 2020-09-02 17:03 | Report Abuse

collect now for thsose who miss out

GLNT

551 posts

Posted by GLNT > 2020-09-02 17:06 | Report Abuse

Ssshhh... please sell more. Thanks!! Haven't collected enough

RichJim

16 posts

Posted by RichJim > 2020-09-02 17:22 | Report Abuse

normal la price correction n profit taking.after flushing out all contra player, it will fly again.

KenKen84

285 posts

Posted by KenKen84 > 2020-09-02 18:13 | Report Abuse

KPOWER & SCIB . not worry to hold until next year.... why keep sold & brought back , very stable up trend ....lol

KenKen84

285 posts

Posted by KenKen84 > 2020-09-02 18:13 | Report Abuse

eat well , sleep well .. prepare go goreng at other counter

johoran

368 posts

Posted by johoran > 2020-09-02 22:58 | Report Abuse

Waiting 3.00

gemfinder

6,880 posts

Posted by gemfinder > 2020-09-03 05:40 | Report Abuse

Rm3? Mayb after split

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-09-03 13:34 | Report Abuse

buy and hold, now only 113m shares, if price reach 4.20 end this year give bonus 2:1, price will be 1.40 with 339 shares

and if 6m ave profit/qtr, eps 3c still looks very good

Posted by warrantKing > 2020-09-03 18:20 | Report Abuse

https://malaysiastock.biz/Company-Announcement.aspx?id=1256791

Kpower might modify the share split proposal.

Posted by SureWin1Woh > 2020-09-03 18:44 | Report Abuse

Modify to follow SCIB style

hoh13

468 posts

Posted by hoh13 > 2020-09-03 19:00 | Report Abuse

Karim sold some??

hohvest

42 posts

Posted by hohvest > 2020-09-03 19:13 | Report Abuse

ya sold 911100share,to liquid to market

johoran

368 posts

Posted by johoran > 2020-09-03 19:14 | Report Abuse

Dato' Dr. Ir. Ts. Mohd Abdul Karim Bin Abdullah
02-Sep-2020
Disposed
911,100

gemfinder

6,880 posts

Posted by gemfinder > 2020-09-03 19:51 | Report Abuse

Wat modification? Change share split to bonus isue n isue free warant?

Posted by warrantKing > 2020-09-03 20:21 | Report Abuse

Not only to maintain market liquidity , it is also take profit activity.

Last time COMFORT shareholder also sold parts of its share at RM 2.xx


_ modification pending further annoucement. Hope it will be like SCIB.

hoh13

468 posts

Posted by hoh13 > 2020-09-03 21:44 | Report Abuse

"The expected funding requirements arising from the new contracts won as set out above will be assessed together to achieve an optimum capital base to commensurate the expected improved earnings visibility"

What is this statement means? Is it means need another funding to start new contracts (won on last 2month)? Am I right?

investorbat

1,411 posts

Posted by investorbat > 2020-09-03 22:24 | Report Abuse

postpone of the share split to dec is good for shareholders,if they split now share will drop to around $1.70,the price is too low for another pp.If they pp now before split they can fix the pp price around $3++,am i right?

investorbat

1,411 posts

Posted by investorbat > 2020-09-03 22:27 | Report Abuse

they price the last pp around $1.70,now another 300mil contract awarded,still want to pp at around $1.70? No way!

Posted by Samtuckfatt > 2020-09-03 22:33 | Report Abuse

Investorbat, the split is proposed in June and estimate to confirm in Dec, but due to too many good news and contract secured its going to modify to give stakeholder a better reward


The significant price movement of KPower Share, which had increased from RM1.62 on 30 April 2020 (being the latest practicable date prior to the announcement of the Share Split) to a 1-year high of RM3.64 on 1 September 2020.

The Company will announce any such modification to the Share Split together with other potential corporate exercises to enhance stakeholders’ value upon further deliberation by the Board. Shareholders’ approval will also be sought should there be any modification to the Share Split.

Mean better than previous share split proposal or plan to be implemented

hoh13

468 posts

Posted by hoh13 > 2020-09-03 23:29 | Report Abuse

"The expected funding requirements arising from the new contracts won as set out above will be assessed together to achieve an optimum capital base to commensurate the expected improved earnings visibility"

What is this statement means? Is it means need another funding to start new contracts (won on last 2month)? Am I right?

investorbat

1,411 posts

Posted by investorbat > 2020-09-04 08:36 | Report Abuse

hoh13,from the statement given im pretty sure another pp coming,thats why the split has to postpone to dec ,if pp after split the pp price will be too low,unfair to us.

investorbat

1,411 posts

Posted by investorbat > 2020-09-04 08:39 | Report Abuse

samtuckfatt,as i said there will be another pp before dec,if they want to modify the split to give us a better reward no need to takes another 3 months until dec,just my 2 cents

investorbat

1,411 posts

Posted by investorbat > 2020-09-04 08:43 | Report Abuse

karim is good to us,he can split first and then pp at price around $1.70 if he wants,he can subscript few mil shares again at very cheap price

investorbat

1,411 posts

Posted by investorbat > 2020-09-04 08:46 | Report Abuse

foresee another big project coming before dec

hoh13

468 posts

Posted by hoh13 > 2020-09-04 09:44 | Report Abuse

Big project was expected, however the private placement will dilute shareholders eps...

investorbat

1,411 posts

Posted by investorbat > 2020-09-04 09:51 | Report Abuse

it is normal for a growth company,either u pp or take bank loan to fund your projects,next 2 or 3 quarter earning coming in should be enough to fund future projects then no need pp anymore

investorbat

1,411 posts

Posted by investorbat > 2020-09-04 09:54 | Report Abuse

why worry if u have 13bil order book and another 2bil coming(assuming),13 bil enough for them to busy until 2024

investorbat

1,411 posts

Posted by investorbat > 2020-09-04 09:54 | Report Abuse

sorry 1.3bil

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