RENEUCO BERHAD

KLSE (MYR): RENEUCO (7130)

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Last Price

0.085

Today's Change

+0.005 (6.25%)

Day's Change

0.085 - 0.085

Trading Volume

93,400


7 people like this.

16,634 comment(s). Last comment by Keeheong1960 14 hours ago

Hotstuff

3,220 posts

Posted by Hotstuff > 2021-10-29 12:15 | Report Abuse

jealousy will bring you nothing but hatred

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-10-29 12:23 | Report Abuse

Dear I am only telling those who chase high not to those who bought yesterday. So relax

izoklse

5,233 posts

Posted by izoklse > 2021-10-29 12:27 | Report Abuse

back to its glory day. One of the main budget beneficiary for Sarawak.

jolynce

547 posts

Posted by jolynce > 2021-10-29 12:28 | Report Abuse

I agree.. don't chase. Wait till it drop then buy, then sell when it goes up. If you see the trap pattern that you said earlier, then can take advantage of the price pattern.

Posted by newtrader1989 > Oct 29, 2021 12:23 PM | Report Abuse

Dear I am only telling those who chase high not to those who bought yesterday. So relax

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-29 12:31 | Report Abuse

First question is why only Serbadk and SCIB changed new auditors whereas kpower not required, it means Serbadk and SCIB both might have provide wrong financial contracts information to the public.. Beware..

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-29 12:34 | Report Abuse

Bursa and SC investigation team are closely watching the management team of Serbadk and SCIB and not kpower but since kpower largest shareholder Karim might sell off hugh quantity of Kpower anytime when kpower is above certain prices..

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-29 12:37 | Report Abuse

If Serbadk and SCIB are further dropping in share prices, Karim might dispose off kpower shares to buy back Serbadk and SCIB shares

taco89

202 posts

Posted by taco89 > 2021-10-29 12:38 | Report Abuse

Oskchoon,
serbadk case, kpmg only resigned after serbadk sued them, they refused to resign earlier.

Scib case, kpmg resigned because engagement between bod and auditor whether they can continue to work for them because of major director same as serba, they didnt raise any issues to ined before they resigned, but its leave them so less time to find a new auditor, therefore extension is fully expected.

manka

728 posts

Posted by manka > 2021-10-29 12:44 | Report Abuse

Karim tak salah

izoklse

5,233 posts

Posted by izoklse > 2021-10-29 12:56 | Report Abuse

karim can also push kpower to a very high price and later cash out a bit for his capital to sailang SCIB and SD when price open after suspension because that time price very cheap. At the end he got very cheap share of SCIB, SD and increase his stake in both company and also increase KPOWER share price. Well after all karim can do anything with this KPOWER as this going to be his money pond. huhuhu.

Posted by WongCapital > 2021-10-29 13:15 | Report Abuse

Dont want to buy but sakit hati watching people make money?? kikiki

gemfinder

6,880 posts

Posted by gemfinder > 2021-10-29 13:44 |

Post removed.Why?

linheng

1,361 posts

Posted by linheng > 2021-10-29 13:44 | Report Abuse

Posted by oskchoon > Oct 29, 2021 12:37 PM | Report Abuse

If Serbadk and SCIB are further dropping in share prices, Karim might dispose off kpower shares to buy back Serbadk and SCIB shares
DAY DREAM. SERBA REMAIN SUSPEND. SCIB SUSPEND SOON. PLAY K POWER TO $1.60. AUTOMATIC SCIB AND SERBA D IS OKAY WHEN REOPEN. ALSO GOT LEVERAGE POWER

newbie8080

2,748 posts

Posted by newbie8080 > 2021-10-29 13:55 | Report Abuse

Changing auditors can be very time consuming especially swapping it in between reporting periods.

Good thing Kpower didn't swap auditors unlike SCIB or SD.

Leoleo

5,503 posts

Posted by Leoleo > 2021-10-29 14:00 | Report Abuse

Boss no money la. Bank margin call. Press down low low price lor... Boss need money....bank no give margin to hold shares....aiyoyo...bad news also said is good news.

slts

2,187 posts

Posted by slts > 2021-10-29 14:14 | Report Abuse

tis is a ikan bilis stock not blue chip lah. dont compare apple to orange
wan to talk cokk, add a little logic so ppl believe u

gemfinder by looking at the top 30 shareholders, less than 50% by big boys... all ikan bilis trapped!!!!
29/10/2021 1:44 PM

linheng

1,361 posts

Posted by linheng > 2021-10-29 14:37 | Report Abuse

PREMIUM IKAN BILIS

Posted by Buylowandrun > 2021-10-29 15:11 | Report Abuse

Bulltrap to lure bills
Kakakaka

chyeoh1972

1,685 posts

Posted by chyeoh1972 > 2021-10-29 15:21 | Report Abuse

買进40多仙'average..今天全部出清..

chyeoh1972

1,685 posts

Posted by chyeoh1972 > 2021-10-29 15:23 | Report Abuse

这股風險高'玻动大'但也好賺

Colgate

7,618 posts

Posted by Colgate > 2021-10-29 15:41 | Report Abuse

Continue shopping ...block eye swallow method ..... you all think is bad , actually all is goods

Colgate

7,618 posts

Posted by Colgate > 2021-10-29 15:42 | Report Abuse

People leave , is good timing to purchase ......... all time bottom pick up is FINAL EPISODE .....

izoklse

5,233 posts

Posted by izoklse > 2021-10-29 15:45 | Report Abuse

lets LU today

Jack King

77 posts

Posted by Jack King > 2021-10-29 15:56 | Report Abuse

Run now . Just listen t Jenny. Yourl last chance.

Posted by SpartanXoXo > 2021-10-29 16:23 | Report Abuse

one round fifo take profit and a happy weekend! haha

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-29 16:30 | Report Abuse

Those who bought at 0.47 kpower shares are good investors as they are rewarded today for good profit margin, however pls don't touch SCIB yet as there is big risks of long term suspension on 9th November 2021 if Bursa again rejected SCIB appeal for extension.. Trade cautiously..

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-29 16:32 | Report Abuse

SCIB obviously need more than one month to two months to furnish the annual report as new auditor may find something..

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-29 16:35 | Report Abuse

Don’t be greedy as more than 10 sens profit without paying is good profit and next week definitely is profit taking week if it goes up further, otherwise there might be force selling on Tuesday onwards.. Beware..

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-10-29 16:40 | Report Abuse

As expected waterfall....

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-10-29 16:41 | Report Abuse

Hopefully no one trapped at 59c

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-29 16:42 | Report Abuse

In the worst scenario, incase both Serbadk and SCIB are suspended by Bursa for longer time like weeks or months pending SC investigation, then perhaps Karim might try to sell off kpower shares to cover losses from Serbadk and SCIB tradings.. Beware.. Beware

Edwin0908

128 posts

Posted by Edwin0908 > 2021-10-29 16:43 | Report Abuse

Can close 20% today?

solomolo

1,329 posts

Posted by solomolo > 2021-10-29 16:53 | Report Abuse

just wait monday..i think

Edwin0908

128 posts

Posted by Edwin0908 > 2021-10-29 16:57 | Report Abuse

What's with the big jump anyway

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-29 17:01 | Report Abuse

Next week profit run don't be greedy and wait for next news from Bursa on Serbadk and SCIB issues before top up....

InterFund®

1,777 posts

Posted by InterFund® > 2021-10-29 17:37 |

Post removed.Why?

josephn

757 posts

Posted by josephn > 2021-10-29 17:39 | Report Abuse

Karim jump ship already, you still want to hold?

IdleMoney66

1,192 posts

Posted by IdleMoney66 > 2021-10-29 17:42 | Report Abuse

Based on shareholding on 21 Oct...
The first one is Kenanga Investor Bhd, it holding 15% more...
I guess many using Rakuten to hold this stock......omg

taco89

202 posts

Posted by taco89 > 2021-10-29 17:51 | Report Abuse

Josephn.
If he not jump ship will sink further, he is the problem of the fall. He need to go.

investorbat

1,409 posts

Posted by investorbat > 2021-10-29 18:25 | Report Abuse

12.8 mil shares DBT at 0.43

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-29 18:27 | Report Abuse

Cukai Makmur for corporate tax 24 % for annual profit less than RM 100 millions and 33 % tax for annual profit more than RM 100 millions, many tech, healthcare, Plantation, Banks, oil

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-29 19:01 | Report Abuse

High one off Makmur tax of 33 % frightened off foreign companies direct investment to Malaysia and foreign funds may start selling again soon...

taco89

202 posts

Posted by taco89 > 2021-10-29 19:02 | Report Abuse

Oskchoon yeah, tech, bank and some bluechips may fall..

gohkimhock

3,033 posts

Posted by gohkimhock > 2021-10-29 19:03 | Report Abuse

Expect a one-off WindfallTax for businesses earning >RM100 million chargeable income from YA2022 - where 24% will be levied on income up to RM100 million and income in excess of RM100 million will be taxed at 33%.

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-29 19:09 | Report Abuse

Many Asian countries charging less than 25 % corporate tax so Malaysia will deter foreign companies and foreign funds to invest in Malaysia especially our stock market, hopefully next week our market is stable but...

taco89

202 posts

Posted by taco89 > 2021-10-29 19:11 | Report Abuse

Now karim got force sell. Too bad, look at the top 30 shareholdings, he will gone for sure.

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-29 19:19 | Report Abuse

Let's hope some genuine investors buy all his share holdings especially Kpower and SCIB, because of him manipulating the business contracts and he will disappear from the corporate world like the Transmile boss..

Colgate

7,618 posts

Posted by Colgate > 2021-10-29 19:22 | Report Abuse

Continue shopping ...block eye swallow method ..... you all think is bad , actually all is goods .

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-29 20:26 | Report Abuse

Besides Makmur tax for all industries even Plantation Windfall Tax also increase so expecting some negative sentiments from the market especially those blue chips counters... Beware...

s3phiroth

337 posts

Posted by s3phiroth > 2021-10-29 21:25 | Report Abuse

read properly pls. there is no increase in palm oil windfall tax but an increase of rm500 threshold that trigger windfall tax.

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