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

KenKen84

285 posts

Posted by KenKen84 > 2020-09-04 10:42 | Report Abuse

thanks for good sharing info , invest !

Posted by BursaInsight > 2020-09-04 10:46 | Report Abuse

Added more today, bargain sale

It wouldnt be a big placement, given that its for 2 projects worth RM300+ million. Compare it with the earlier placement where it is for projects worth RM700+ million, at a much lower share price. Dilution would be minimal, if any

gemfinder

6,880 posts

Posted by gemfinder > 2020-09-04 11:58 | Report Abuse

so no issue??

investorbat

1,411 posts

Posted by investorbat > 2020-09-04 13:06 | Report Abuse

Kpower just turned around to profit last year,rising fund for projects is normal,order book around 1.3 bil in a year since karim took over,another 2 bil coming.Not many construction/epcc company can get 1.3bil order book/year.Serba dinamik secured 2 projects at Abu Dhabi on 15 apr and 6 aug for the sum of 9bil,if 20% of works awarded to kpower ,will be 1.8bil.

Alien168

17 posts

Posted by Alien168 > 2020-09-04 13:10 | Report Abuse

"modification to the Share Split together with other potential corporate exercises"
Share Split -> maybe will change to 1 split to 3.
other potential corporate exercises -> maybe is free warrant.

Maybe is want follow scib bonus with free warrant. because cannot simple said want follow scib. so need a reason, the reason they use is big project need raise fund.

they want push the capital to more higher then PP can get big money. This is one of reason why they want push to 1b capital. after reach 1b capital pp, can get more money for development.

i believe they will follow scib free bonus with warrant to push up capital then only pp.

investorbat

1,411 posts

Posted by investorbat > 2020-09-04 13:15 | Report Abuse

I think they will modify the split to 2 to 1 bonus issue come with rights share so we could subscript,not pp to third party let them benefits.This is better than taking loan and at the same time the company share base is more liquidity,im just guessing

investorbat

1,411 posts

Posted by investorbat > 2020-09-04 13:32 | Report Abuse

If u worry about the eps dilution of pp,last 3 q earning almost 100%"average" q/q,big project sure bigger profits right?Even those bil $ construction company has to take loan to run projects.

gemfinder

6,880 posts

Posted by gemfinder > 2020-09-04 13:34 | Report Abuse

nevermind give bonus, free warrant. subscript right with free warant

investorbat

1,411 posts

Posted by investorbat > 2020-09-04 13:39 | Report Abuse

share price is under pressure because many expecting split is around the corner not dec

gemfinder

6,880 posts

Posted by gemfinder > 2020-09-04 13:42 | Report Abuse

nevermind. let the short term guy sell. nov another good result, they need to buy back high px

investorbat

1,411 posts

Posted by investorbat > 2020-09-04 13:56 | Report Abuse

my estimation of fair share price at 113mil shares of kpower, 1.3bil revenue divided by 4 years is 325mil/y,10% net profits is 32.5mil,divided again by 113mil shares =0.287 eps. 14xpe is $4

power88

1,588 posts

Posted by power88 > 2020-09-04 20:29 | Report Abuse

4.00 i think so

power88

1,588 posts

Posted by power88 > 2020-09-04 20:29 | Report Abuse

4.00 i think so

GLNT

551 posts

Posted by GLNT > 2020-09-05 13:29 | Report Abuse

10% profit margin too low lah. Previous quarter already 18%. Let's take 15% coz these contracts are high margin projects. 15% net margin will yield 49mil per year lah. PER 14x will give share price of RM6.86 already. PER 10x will give share price of RM4.90 already. PER 15x will give RM7.35. With this kind of earnings growth over the next few years, Who cares about dilution, share split or whatnot when earnings alone will power KPower to RM6.00 at least already. If worried about all these financial engineering like share split, dilution, please sell. I can't wait to buy.

gemfinder

6,880 posts

Posted by gemfinder > 2020-09-05 14:59 | Report Abuse

Pls selk down, i wan to add

power88

1,588 posts

Posted by power88 > 2020-09-05 17:11 | Report Abuse

Price keep dropping

gemfinder

6,880 posts

Posted by gemfinder > 2020-09-06 21:37 | Report Abuse

U wan to buy? Chase high la

Ron90

4,061 posts

Posted by Ron90 > 2020-09-06 22:03 | Report Abuse

as expected.. karim done it again.. previously when kpower reach 3.00..he dispose, now at 3.50.. than price will drop.. next, if available, sell when reach 4.00.. :-)

pantor

332 posts

Posted by pantor > 2020-09-07 00:21 | Report Abuse

It's OK because Karim sold kpower and scib to buy and support serbadk share price

power88

1,588 posts

Posted by power88 > 2020-09-07 08:08 | Report Abuse

Kpower share split soon

KenKen84

285 posts

Posted by KenKen84 > 2020-09-07 17:30 | Report Abuse

Ron90 is it ? How about 2 & 2.5 ? Did he ?

Sky Liew

940 posts

Posted by Sky Liew > 2020-09-07 20:45 | Report Abuse

wait at support 2.85

mf

28,245 posts

Posted by mf > 2020-09-08 12:03 |

Post removed.Why?

Jack888

853 posts

Posted by Jack888 > 2020-09-08 14:58 | Report Abuse

Bear is coming?

karimboss

1,168 posts

Posted by karimboss > 2020-09-08 17:23 | Report Abuse

Stay Tuned

Posted by SureWin1Woh > 2020-09-08 18:25 | Report Abuse

Too cheap now. Dato Karim also kenot resist. Buy back

karimboss

1,168 posts

Posted by karimboss > 2020-09-08 18:26 | Report Abuse

This company is better than TECH company + GLOVE counter over value .

investorbat

1,411 posts

Posted by investorbat > 2020-09-08 19:19 | Report Abuse

if u know this stock is going to $4,why not buy now after 63sen dropped from high?i bought some at 3.04 today,this is not a buy call.last correction drop from 3 to 2.50 then shoot up to 3.63,this time 3.63 to 2.90 then shoot to ?

KenKen84

285 posts

Posted by KenKen84 > 2020-09-08 19:34 | Report Abuse

Correct . Me too , 15-20% correction cause some panic sell ... I also no idea , better they don’t play stock ..lol

GLNT

551 posts

Posted by GLNT > 2020-09-08 20:21 | Report Abuse

This one can hold long term lah, negligible effect from development of vaccines or COVID-19 cases, orderbook that can last for more than 10 years if revenue remains the same. What's not to like? No-brainer. Please sell more!

power88

1,588 posts

Posted by power88 > 2020-09-09 06:22 | Report Abuse

3.00 support level

power88

1,588 posts

Posted by power88 > 2020-09-09 06:22 | Report Abuse

from 3.60 to 2.90.... this few days sure rebound back

karimboss

1,168 posts

Posted by karimboss > 2020-09-09 10:43 | Report Abuse

Kpower price will be up soon due of PP for karim.

karimboss

1,168 posts

Posted by karimboss > 2020-09-09 17:34 | Report Abuse

Remember 5Billion Capital in 5 Years.

Sky Liew

940 posts

Posted by Sky Liew > 2020-09-09 19:09 | Report Abuse

tml hot new high lai

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2020-09-09 19:18 | Report Abuse

Wah who sapu up... top 2 gainer

pantor

332 posts

Posted by pantor > 2020-09-09 20:06 | Report Abuse

Karim bought back!

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2020-09-10 08:27 | Report Abuse

So what u waiting for. all in gloves

Posted by ThousandWishes > 2020-09-10 09:35 | Report Abuse

Kumpulan Powernet is poised to test the RM3.24 resistance level. With its RSI indicator pointing upwards, coupled with a bullish white candlestick pattern, we think that the bullish momentum will soon push towards the short-term target price of RM3.43 followed by RM3.63. In this case, the downside support is marked at RM2.98, whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy on breakout RM3.24

Target: RM3.43, RM3.63 (time frame: 2-4 weeks)

Exit: RM2.98

gemfinder

6,880 posts

Posted by gemfinder > 2020-09-10 20:10 | Report Abuse

Wil come back stronger

GLNT

551 posts

Posted by GLNT > 2020-09-11 10:07 | Report Abuse

What is the 100K shares SELL order at RM3.00 doing there? Trying to scare people to sell down? Yawn...

investorbat

1,411 posts

Posted by investorbat > 2020-09-11 10:25 | Report Abuse

the 100k shares sapu by 1 big buyer,maybe karim

GLNT

551 posts

Posted by GLNT > 2020-09-11 10:26 | Report Abuse

Ya, or other directors. Directors have been buying in lately.

investorbat

1,411 posts

Posted by investorbat > 2020-09-11 13:02 | Report Abuse

i believe,100k shares $300,000 only ma

Cakes Moon

6,896 posts

Posted by Cakes Moon > 2020-09-11 13:11 | Report Abuse

I am staying at presidence suite at RM3.35. Anyone can come to buy my tickets?

linjie

187 posts

Posted by linjie > 2020-09-11 13:30 | Report Abuse

RM4 soon

investorbat

1,411 posts

Posted by investorbat > 2020-09-11 13:32 | Report Abuse

2.35? If u buy at 3,your risk is 10%,i bought some this morning 2.96,average 3.45.one year after RTO,the 13.7 bil order book from june 19 to aug 20 starts to kick in,average 350mil revenue/year for 4 years.I estimate the net income for next Q to be released NOV around 10 mil

investorbat

1,411 posts

Posted by investorbat > 2020-09-11 13:40 | Report Abuse

dont under this kpower's earning ability,revenue from 31mar-30june gain 20+% but the net income leaped 175%,this is like supermax,i like it,way better than scib

investorbat

1,411 posts

Posted by investorbat > 2020-09-11 13:41 | Report Abuse

under estimate

Burstard

183 posts

Posted by Burstard > 2020-09-11 16:52 | Report Abuse

Collect cheap tickets from u guys

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