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 12 hours ago

taco89

202 posts

Posted by taco89 > 2021-10-28 18:19 | Report Abuse

Dompeilee, its grand deal vision sell shares to mustakim.

Grand deal vision shareholdings consist of two person name, which is mustakim and sarah.
So the joint shareholding of mustakim and sarah under grand deal vision, DBT shares to mustakim under his own name.

bulldog

12,157 posts

Posted by bulldog > 2021-10-28 18:23 | Report Abuse

Accumulation in progress


Huat chaiii

taco89

202 posts

Posted by taco89 > 2021-10-28 18:25 | Report Abuse

Other fundamental analysis and technical analysis, need to see the sentiment also, if got bad sentiment cause by individuals or another company, please dont stay near.

taco89

202 posts

Posted by taco89 > 2021-10-28 18:32 | Report Abuse

Oskchoon, technically only Serbadk has audit problem, Scib problem is they cant submit their annual report on time because late appointment of auditor. But market sentiment made it bad so Kpower is the victim, imagine if the major shareholder own share like genetec, airasia or dnex, all these will be blood bath as well. Thats market sentiment!
Do not catch falling knife!

Alwinb

81 posts

Posted by Alwinb > 2021-10-28 18:36 | Report Abuse

Agree with Kang's analysis. Jtiasa P&Lnumbers over the years, on the face of it, are simply miserable. However, if you scritinise the cash flow. and the growth in the value of the plantation assets, you will agree with Calvin Jtiasa is a treasure waiting to be discovered. Even in a very bad year in 2019, (with Cpo price at 1,900,) JTiasa registered a net operating cash flow of over 70mil and continued debt repayment.

With strong financial discipline JTiasa debt has declined from around 1 billion to 600mil while at the same time grow the plantation assets. No share placement or right issues but thru cash flow generated from the growing plantation assets. Growing plantation assets as the Jtiasa a lot of capex went into cultivation and building oil palm mills

The timimg can never be better - age oil palm plantation at its prime and Cpo at RM5000.

The enterprise value is only 1.5 Bil while its oil palm plantation asset alone is easily worth over 4 bil.

The time is ripe for JTiasa to reap the fruits of labour over the past decade.

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-28 18:58 | Report Abuse

Since Rakuten Research put kpower at RM 1.28, and Private Investor pay PP price at RM 0.68 and we can buy at only RM 0.47 and tomorrow onwards, may be cheaper than RM 0.40, why not accumulate average down everyday until it rebound, everything goes down must go up one day, moreover kpower is paying 2 sens dividend..

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-28 19:03 | Report Abuse

One import point is kpower will not be suspended like Serbadk now and later SCIB on 9th November 2021 by Bursa..

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-28 19:05 | Report Abuse

So we smart ppl will keep on accumulating kpower cheaper and cheaper each day until it reaches the bottom price of 0.005, isn't it wonderful to pricing buying average down everyday..

Firsthand

115 posts

Posted by Firsthand > 2021-10-28 19:05 | Report Abuse

Ppl here all talk like when gloves stocks started falling.....Down 50% why can't buy, then jatuh again said just sapu n wait for 3 months, but all gloves stocks crash again said don't worry bcos their div yield are high .......After 1 year all big timers bankrupt !!!!! If 2 or 3 gloves stocks price keep falling you sapu may b OK, but don't you notice ALL the gloves stocks Non Stop falling, that mean something very very very very bad is going to happen in gloves industry.
If 1 or 2 of Karim group is falling then you sapu is OK, but when ALL the groups including suppliers are falling !!! You think who is running ? Understood all bankers n big investors ! This damage will take 3 years to recover !!!!@

calvintaneng

55,187 posts

Posted by calvintaneng > 2021-10-28 19:07 | Report Abuse

oskchoon Since Rakuten Research put kpower at RM 1.28, and Private Investor pay PP price at RM 0.68 and we can buy at only RM 0.47 and tomorrow onwards, may be cheaper than RM 0.40, why not accumulate average down everyday until it rebound, everything goes down must go up one day, moreover kpower is paying 2 sens dividend..
28/10/2021 6:58 PM

This is the most sensible post after so much nonsense from lapsap no brained naysayers!

Private Placement at 68 sen all taken up by Funds.

Now 47 sen just sold down by Mr. Market swooning sentiment

Time to buy from Crazy Mr Market

If Mr. Market throws more just take over from him

Thought Leno knew Benjamin Graham?

Today her fainting fits show she knows and learn nothing from the Great Ben Graham

taco89

202 posts

Posted by taco89 > 2021-10-28 19:18 | Report Abuse

Panic selling will stop at one point. Now is not the time to risk yourself. Stay away better.

Calvintan, you should ignore users like leno/newtrader because they dont seems to understand english, or any sentences that written in media/report and so on. Perhaps they lose tons of money in these related counters.

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-28 19:23 | Report Abuse

Kpower falls because it has the biggest common share holders but kpower annual report is perfect and profit growth is is is there with RE business, in this scenario of good company, when everyone is panic selling, we should also do panic buying at lower and cheaper prices...

dompeilee

11,888 posts

Posted by dompeilee > 2021-10-28 19:33 | Report Abuse

How did revenue of ~ 1m per qtr suddenly jump up 10x to 12 mil per qtr in 2019, then another 10x(100x since 2018) by 2021??? Accounting tricks?

gemfinder

6,880 posts

Posted by gemfinder > 2021-10-28 19:33 | Report Abuse

No use one la. Cheap oso no buy. Karim counters. Afected by bad reputation. Now materials so high, cost presure.

calvintaneng

55,187 posts

Posted by calvintaneng > 2021-10-28 19:34 | Report Abuse

Very good Calvin sees a few really got brains here

What is Kpower?

1. Kpower is Kumpulan power

Kumpulan means "Group" not one man show

Kumpulan Power is well managed by Mr Mustakim & Team

2. Kpower stands for

Knowledge power. Knowledge means you know what you say or do.
most talking lots of nonsense because they don't know the true picture

dompeilee

11,888 posts

Posted by dompeilee > 2021-10-28 19:34 | Report Abuse

Ask yrself: Can you sleep properly if you hantam @ 47c then it drops to 28c? Or worse, get suspended with adik serbak?

gemfinder

6,880 posts

Posted by gemfinder > 2021-10-28 19:35 |

Post removed.Why?

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-28 19:37 | Report Abuse

I will be happy to buy at RM 0.28 or even lower, it is a profit growth company with constant dividend pay out it is worth to buy below RM 0.20..

Posted by Buylowandrun > 2021-10-28 19:37 | Report Abuse

tomorrow open drop another 14 straight become same price with adik serbadk liao
hahaha

gemfinder

6,880 posts

Posted by gemfinder > 2021-10-28 19:39 | Report Abuse

Constant d8v8den payout? Growth? Hahaha. Last time crook d numbers is yes. Now show the true color. U wil c loss reporting down the road

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-28 19:40 | Report Abuse

When there is plenty panic sellers in a profitable stock due to outside factors, I am happy to be a panic buyers to accumulate cheapest shares I can find..

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-28 19:42 | Report Abuse

As long as the completion is not subject to Bursa suspension due to auditing issues or unable to furnish annual report on time..

Posted by Buylowandrun > 2021-10-28 19:44 | Report Abuse

when you see kpower no more doing private placement, no more dividend for you.

anyway still want to buy scib and kpower, can continue buy, your own money. Lose or gain your own problem.wakakakak

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-28 19:45 | Report Abuse

Just imagine, if kpower biggest share holders not involved in the Serbadk auditing issues and SCIB annual report problem, you think there will be so many panic sellers to suffer losses by selling kpower shares at a very low prices like 40 sens, 30 sens, 20 sens or even 10 sens in the open market like today..

Posted by Buylowandrun > 2021-10-28 19:54 | Report Abuse

like i said u still want continue to believe u buy lor. Lose or gain your own problem.wakakakak

Yu_and_Mee

3,451 posts

Posted by Yu_and_Mee > 2021-10-28 19:56 | Report Abuse

today kpower really shocked me with such serious drop.
wonder why karim not doing something

Posted by Buylowandrun > 2021-10-28 19:56 | Report Abuse

latest TP * of 3 karim counters

Kpower RM0.08
Serbadk RM0.07
Scib RM0.06
wakaka

Yu_and_Mee

3,451 posts

Posted by Yu_and_Mee > 2021-10-28 19:59 | Report Abuse

why you so happy? you not sympathy to those holding?

Posted by Buylowandrun > 2021-10-28 20:07 | Report Abuse

Yu_and_Mee why you so happy? you not sympathy to those holding?

no feeling, investment got risk. loss and gain own problem la

Robinhud

329 posts

Posted by Robinhud > 2021-10-28 20:07 | Report Abuse

Wrong theory
Everything go down will go up.
Wrong!!

The truth is everything go up must go down
Everything go down probably will not go up anymore.

There are many counter go down still not go up.
Sapuraenergy. From rm4 to rm0.10.after 10years still there.

taco89

202 posts

Posted by taco89 > 2021-10-28 20:09 | Report Abuse

Yu_and_mee
Basically the fall of kpower today shall included force selling by ib and followed by panic sell. With retailers consisted of quite large percentage of shareholdings, can assume many retailers decided to cut loss yesterday and tomorrow (if you look at social media/forum that many claimed they had cut loss) because of market sentiment.
And mainly because of karim. He cant do anything.
The panic sell might only stop after serbadk SIR report.

Jenny

522 posts

Posted by Jenny > 2021-10-28 20:12 | Report Abuse

已经6个月没拿到project了。 Mustakim 不是信心满满今年会拿到20亿的project吗?前几个季度还一直拿这个来做买点,好让全部人麻木的追高,这种管理层很黑心啦,也没诚信,骗投资者的钱。最新的季度已经没在说20亿的project了。一个字都没有呵呵

买股票就好像和别人合伙做生意,你会和Mustakim这种没信用和诚信的人合伙做生意吗?

我是绝对不会啦

Yu_and_Mee

3,451 posts

Posted by Yu_and_Mee > 2021-10-28 20:14 | Report Abuse

but your comment is hahaha, that's no feeling? Yes, their problem. People learn from mistake and made mistake. We don't laugh at them when they are in deep shit and anxious.
----------
Buylowandrun Yu_and_Mee why you so happy? you not sympathy to those holding?

no feeling, investment got risk. loss and gain own problem la
28/10/2021 8:07 PM

Jenny

522 posts

Posted by Jenny > 2021-10-28 20:14 | Report Abuse

所以当最新季度的业绩出来后我就果断的卖出,一个sen也不留给Mustakim。没诚信的人哪怕投资一sen在他身上我也是嫌多的

8dragon

2,137 posts

Posted by 8dragon > 2021-10-28 20:16 | Report Abuse

Kpo and scib shares will fall further until SD AR/SIR report is released...

gemfinder

6,880 posts

Posted by gemfinder > 2021-10-28 20:17 |

Post removed.Why?

Jenny

522 posts

Posted by Jenny > 2021-10-28 20:17 | Report Abuse

之前爆发性一直拿到project都是左手给右手的,不是在公开市场里标到的,OHP手头上的project 已经全部颁发给kpower,这就是为什么6个月多都无法在公开市场里标到project ,呵呵。反而那些有实力的公司例如Slvest 拿project 拿到手软,而且市场也舍得给他很高的PE.

Sneakpeek

2,199 posts

Posted by Sneakpeek > 2021-10-28 20:18 | Report Abuse

This counter only record profit starting 2019..at 148k. 5 years before that all incur losses in millions..then suddenly in 2021 jump how many fold to 37mil..now with serba and scib issue don't know this figure can believe or not.

Jenny

522 posts

Posted by Jenny > 2021-10-28 20:19 | Report Abuse

kpower 还有很大的下滑空间。要记得Karim 入股kpower 之前,它的价位都是徘徊在20sen 左右。现在人都已经臭了,股价也会打回原形。现在冲进去买的话自己保重吧。如果觉得钱很多倒不如分些给父母用不好?

Jenny

522 posts

Posted by Jenny > 2021-10-28 20:23 | Report Abuse

之前业绩出后我叫他们卖出还被他们骂,现在该知道我是为他们好的。不是每个唱衰都是坏人,也有些是真心帮人的。好像yu & me 我是觉得他写的东西有point的

Yu_and_Mee

3,451 posts

Posted by Yu_and_Mee > 2021-10-28 20:26 | Report Abuse

Jenny, 他卖掉的股份已经超越本钱很多倍了吧,我个人觉得。他真的是人才。
我得感谢他,因为我有赚到。只是贪心买更多的凭单,反吐回50%。好气人。哪里有老板一直不断卖自家的凭单的。我逼于无奈痛心亏凭单卖完后不玩了。还好,不然到现在就变亏钱了,而且是巨亏。

Yu_and_Mee

3,451 posts

Posted by Yu_and_Mee > 2021-10-28 20:27 | Report Abuse

所以我很了解那些还拿着票的心情。在股市举棋不定会害惨自己。

Yu_and_Mee

3,451 posts

Posted by Yu_and_Mee > 2021-10-28 20:31 | Report Abuse

我学到:
自己觉得不对劲,就卖先。
要客观想考,不要主观,因为主观会有不知觉的偏见。
老板卖股 = 正常。可是一直卖,大量卖,包括凭单,就是有问题。
无法确认可是客观觉得不对劲,跑路先。等到知道时,可能很迟了。

i3lurker

13,706 posts

Posted by i3lurker > 2021-10-28 20:33 |

Post removed.Why?

Yu_and_Mee

3,451 posts

Posted by Yu_and_Mee > 2021-10-28 20:39 | Report Abuse

personally, i think mistake is ok, just don't keep repeating the same mistakes.
when people fall down, never laugh at them because we did fall down before or may also fall down again in other places. No one knows.
give courage and share possible reasons of mistake. No laughing, teasing. Let's don't be keyboard master on those made mistake. We never know if our words may indirectly causing them to corner and doing silly thing. No everyone has iron heart like many of you.

i3lurker

13,706 posts

Posted by i3lurker > 2021-10-28 20:40 | Report Abuse

PDRM always says "if its too good to be true. Its not true"

Yu_and_Mee

3,451 posts

Posted by Yu_and_Mee > 2021-10-28 20:42 | Report Abuse

@i3lurker, hahahah, they are right! So be caution if it's too good to be true. Good quote.

taco89

202 posts

Posted by taco89 > 2021-10-28 20:46 | Report Abuse

Jenny, 刚开始确实就是靠OHP那边的合约颁给了Kpower。ohp其实很早就有了,只是2018年左右才改名。左手右手这种给合约这种操作在我国你知我知啦。
而且你要知道刚开始这个公司的灵魂人物是Karim, 而为什么karim可以拿到那么多合约,你自己查他的背景就知道。mustakim并不差,如果你见过他真人,他确实是一个蛮有生意头脑的人(也是ib来的)。虽然最近拿到的合约只是lss4 (这个你不能说不是tender来的),但目前他手上的合约应该只能支撑两个财报(如果要保持小成长)。
现在karim开路给mustakim了,要看mustakim能不能在接下来的几个业绩里面靠自己再得到合约。(明天预算案就会知道他们公司过后的发展方向会不会有机会)
当然讲谁都会讲,很多上市公司老板也是讲到结果做的时候就半桶水,包括几个著名上市公司的老板,这点是很常见的,要就看他们有没有努力去拿,所以还是接下来几个业绩很重要。

现在的market sentiment对kpower不利也是因karim。
能不能翻身,除了看serbadk的消息,也要看mustakim会不会去争取了。我只能讲,多几个业绩才能去看公司有没有进步的空间。

而我现在的看法,不要去接falling knife。

Posted by NatsukoMishima > 2021-10-28 21:07 | Report Abuse

Who is the next to be suspended ??

taco89

202 posts

Posted by taco89 > 2021-10-28 21:10 | Report Abuse

Any counters that failed to submit their AR on time.

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