RENEUCO BERHAD

KLSE (MYR): RENEUCO (7130)

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Last Price

0.08

Today's Change

-0.005 (5.88%)

Day's Change

0.08 - 0.085

Trading Volume

1,872,400


7 people like this.

16,634 comment(s). Last comment by Keeheong1960 2 hours ago

trending

111 posts

Posted by trending > 2021-07-05 15:41 | Report Abuse

how? can go back to 1.60 level or not?

bilisutara

429 posts

Posted by bilisutara > 2021-07-05 15:55 | Report Abuse

Force selling will finish very soon.. Ready for rocket >RM1.00. Better buy now..
Will rocket today before close. If not today.. early tomorrow morning..
Serba already rocket today.. Now KPower's turn to rocket..

lovetzy

458 posts

Posted by lovetzy > 2021-07-05 15:56 |

Post removed.Why?

bilisutara

429 posts

Posted by bilisutara > 2021-07-05 16:06 | Report Abuse

lovetzy wait ya, i help u ask my dear, she is just between my legs now hahahah

Woww..

lovetzy

458 posts

Posted by lovetzy > 2021-07-05 16:35 |

Post removed.Why?

Stevenkim

101 posts

Posted by Stevenkim > 2021-07-05 16:42 | Report Abuse

Lousy counter

lovetzy

458 posts

Posted by lovetzy > 2021-07-05 16:43 |

Post removed.Why?

Stevenkim

101 posts

Posted by Stevenkim > 2021-07-05 16:51 | Report Abuse

Haha

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-05 17:05 |

Post removed.Why?

bilisutara

429 posts

Posted by bilisutara > 2021-07-05 17:22 | Report Abuse

We target tomorrow morning RM1.00 and RM1.05 after lunch.. Or maybe RM1.10..

roger3210

554 posts

Posted by roger3210 > 2021-07-05 17:25 |

Post removed.Why?

Posted by gloveisgreat > 2021-07-05 18:45 | Report Abuse

limit is the sky.. up up up..

nmsfqi

263 posts

Posted by nmsfqi > 2021-07-05 19:32 | Report Abuse

Calling for ASSonLiew KEENTRADER and sayangawak. These lalat are missing from this forum since last week. If anyone had seen them, kindly return them into the shithole nearest to you as soon as possible.

MoneyHeist

614 posts

Posted by MoneyHeist > 2021-07-05 21:00 | Report Abuse

Cuci cuci naik terus after this. Road to 1.2 by end of the month! Newbies do your study first ;) solid counter!!

DepecheM

810 posts

Posted by DepecheM > 2021-07-05 21:27 | Report Abuse

Bilisutara... wait for your show tomorrow... jack up another 19 sens please.

supafly83

318 posts

Posted by supafly83 > 2021-07-06 01:34 | Report Abuse

@bilisutara you could be right.. on 1hr chart i see a bull pennant forming, and if tomorrow it goes up to rm1 and finds support..it will complete a W pattern and confirm break out. your targets are great!

MoneyHeist

614 posts

Posted by MoneyHeist > 2021-07-06 07:41 | Report Abuse

Hot money and banker chips as per tf15mins closi g time increase by alot. A good support 0.915 if u think u want to enter. TP when satisfied. Based on the chart it could go to 1.04 by today

DepecheM

810 posts

Posted by DepecheM > 2021-07-06 08:01 | Report Abuse

If nothing wrong with Kpower's account audit and good to fly again... nothing short of former high above 2.00 will satisfy me.

LossAversion

1,702 posts

Posted by LossAversion > 2021-07-06 08:04 | Report Abuse

Dont cry mother-father. Whoever did this to Kpower is HUMAN SENTIMENTS ...or ALL OUR OWN ACTIONS=REACTIONS!!!

MoneyHeist

614 posts

Posted by MoneyHeist > 2021-07-06 08:13 | Report Abuse

To think about it where can u get 0.8-0.9x for a good counter? This happened due to Serba’s sentiment. Eventually this counter will be back at least at 1.8 onwards. If u have a good holding power then u should buy but u are a trader then better avoid. Because we dont want you too. Hehehe

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-06 08:44 |

Post removed.Why?

nmsfqi

263 posts

Posted by nmsfqi > 2021-07-06 09:47 | Report Abuse

ASSonLiew KEENTRADER sayangawak where are you guys? Are you guys okay? =((

KTN888

10 posts

Posted by KTN888 > 2021-07-06 10:20 | Report Abuse

So bo liao

nmsfqi

263 posts

Posted by nmsfqi > 2021-07-06 10:52 | Report Abuse

So lum pa pa lan

KEENTRADER

358 posts

Posted by KEENTRADER > 2021-07-06 11:23 | Report Abuse

This pandemic has made people crazy. No solid comments only kacau here kacau there . Look at the comments some people placed.. otak got problem.

Edwin0908

128 posts

Posted by Edwin0908 > 2021-07-06 13:53 | Report Abuse

Not much movement today. Apa mcm?!. Can't wait til price rocket to other planet

ytk666

305 posts

Posted by ytk666 > 2021-07-06 14:27 | Report Abuse

To long mco, emco..many people here already sot sot.

dompeilee

11,888 posts

Posted by dompeilee > 2021-07-06 14:54 | Report Abuse

dompeilee Bought more @63c
28/06/2021 9:31 AM


SOLD 3/4 of the 48 lots averaged down...from 89.5-94c...=D
01/07/2021 3:03 PM

FINALLY...SOLD...LAST...3...LOTS...@96.5c!!!!!=D)))))
01/07/2021 4:39 PM

SOLD a wee bit early...BUT I wonder why I feel no regret =)

Posted by gloveisgreat > 2021-07-06 15:06 | Report Abuse

today price still hold with very great selling pressure from 350mil ticket last friday.. good good..

Posted by jacksonkhs888 > 2021-07-06 15:10 | Report Abuse

Forum full and filled to the brim with larceny. Narcissists rottening at its core. I am doing better researching than reading nuisance here.

KEENTRADER

358 posts

Posted by KEENTRADER > 2021-07-06 15:29 | Report Abuse

jacksonkhs888 so true. This forum has turned into a landfill and becoming insidious.

lovetzy

458 posts

Posted by lovetzy > 2021-07-06 15:31 |

Post removed.Why?

sayangawak

540 posts

Posted by sayangawak > 2021-07-06 16:01 | Report Abuse

Guys, are u ok guys

nmsfqi

263 posts

Posted by nmsfqi > 2021-07-06 17:03 | Report Abuse

KEENTRADER sayangawak are you guys okay?

Posted by kpowersohai > 2021-07-06 17:49 | Report Abuse

Limit up mana? Go holland ada la….downtrend again soon. Runnnnn

HLTGang

636 posts

Posted by HLTGang > 2021-07-06 17:55 | Report Abuse

Consolidate

lovetzy

458 posts

Posted by lovetzy > 2021-07-06 17:59 |

Post removed.Why?

Posted by stockinvestorbest > 2021-07-06 22:37 | Report Abuse

KPOWER analysis video

https://www.youtube.com/watch?v=_NOTaDy8XFw

lovetzy

458 posts

Posted by lovetzy > 2021-07-07 00:41 |

Post removed.Why?

roger3210

554 posts

Posted by roger3210 > 2021-07-07 09:09 |

Post removed.Why?

roger3210

554 posts

Posted by roger3210 > 2021-07-07 09:09 |

Post removed.Why?

roger3210

554 posts

Posted by roger3210 > 2021-07-07 09:21 |

Post removed.Why?

Jokers2020

2,006 posts

Posted by Jokers2020 > 2021-07-07 09:47 | Report Abuse

today i think kpower n scib will shoot up

nmsfqi

263 posts

Posted by nmsfqi > 2021-07-07 09:49 | Report Abuse

KEENTRADER sayangawak are you guys okay?

roger3210

554 posts

Posted by roger3210 > 2021-07-07 10:00 |

Post removed.Why?

roger3210

554 posts

Posted by roger3210 > 2021-07-07 10:20 | Report Abuse

We maintain our BUY call, forecasts and fair value of RM2.47/share based on 18x revised FY23F EPS. We value KPower at a discount to the average forward 20x PE of leading renewable energy players globally to reflect: (1) KPower being a relatively new player in this space; and (2) its relatively small market value. No ESG-related adjustments to our fair value based on a 3-star rating as appraised by us (Exhibit 2).
KPower has proposed a private placement of new shares of approximately 10.8% of its outstanding shares or 48.8mil shares at an indicative issue price of RM2.05/share. The RM100mil proceeds from this exercise are mainly earmarked for working capital (i.e. 50MW LSS4 power plant, mini hydropower plants and other upcoming projects).
Based on our estimates, the gross proceeds of RM100.0mil will increase KPower’s net cash position to RM163.5mil (or 25 sen/share) from RM63.5mil (or 10.5 sen/share) as at 31 March 2021.
Meanwhile, based on our calculation, the new shares will dilute its FY23F core EPS by 6% as a 10.8% expansion in the share base more than offset a 2% earnings enhancement arising from interest income (based on an interest rate assumption of 2%). Assuming the deal is to be completed, our fair value shall fall to RM2.33 based on the same valuation basis. We are neutral on this development.
YTD for FY21F (June), KPower has secured jobs worth a total of RM1.2bil, which is still within our annual job wins assumption of RM1.4bil for FY21-23F (vs. KPower’s guidance of RM2.0bil for FY21F). The group’s outstanding construction order book stands at about RM2.0bil.
We continue to like KPower for: (1) the bright prospects of renewable energy, underpinned by the global trends towards clean and sustainable energy and carbon neutrality to combat climate change; and (2) its strong earnings visibility and growth potential underpinned by its RM2.0bil order backlog on green utility projects, coupled with a massive tender book of RM3.4bil.
At about 12x fully-diluted FY23F earnings, we believe that this homegrown renewable energy player has a compelling investment case given its involvement in the green sector where the growth trajectory is just beginning.

nasgee

839 posts

Posted by nasgee > 2021-07-07 14:39 | Report Abuse

LU soonnn

Posted by leekonghuang > 2021-07-07 15:39 | Report Abuse

drop drop yes

lovetzy

458 posts

Posted by lovetzy > 2021-07-07 16:10 |

Post removed.Why?

sayangawak

540 posts

Posted by sayangawak > 2021-07-07 16:38 | Report Abuse

Guys, are u guys ok?

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