RENEUCO BERHAD

KLSE (MYR): RENEUCO (7130)

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Last Price

0.12

Today's Change

+0.005 (4.35%)

Day's Change

0.115 - 0.125

Trading Volume

11,629,100


7 people like this.

16,556 comment(s). Last comment by Whiteevoque 16 hours ago

SEE_Research

4,569 posts

Posted by SEE_Research > 2023-12-08 20:45 |

Post removed.Why?

SEE_Research

4,569 posts

Posted by SEE_Research > 2023-12-08 20:46 |

Post removed.Why?

Posted by JustForFun123 > 2023-12-08 21:51 | Report Abuse

@Eagle77 reneuco changed operator to scib’s operator dy?

Eagle77

4,146 posts

Posted by Eagle77 > 2023-12-08 21:59 | Report Abuse

@JustForFun123 anything can be happening….all the best to all the investors ✅of Reneuco😎💰🫰🏻

Posted by Chang Keit Siong > 2023-12-08 22:13 | Report Abuse

Reneuco operator is not SCIB's operator

However, it seems be related with a Hong Kong "chef" group :)

Posted by JustForFun123 > 2023-12-08 22:15 | Report Abuse

@Eagle77 as long as not azerai im happy enough that operator is a lousy and useless one….. but who is this hong kong chef group? Powerful?

Posted by Chang Keit Siong > 2023-12-08 22:16 | Report Abuse

Mr. AZ is in the midst of crisis managing MGRC, no time to visit other counter

Posted by JustForFun123 > 2023-12-08 22:18 | Report Abuse

I sure hope so, he better stay far far away, i heard he has been trying to get into the board of reneuco for some time but failed to do so thats is why the share price so weak coz he is threatening management

Posted by Chang Keit Siong > 2023-12-08 22:20 | Report Abuse

Posted by JustForFun123 > 1 minute ago | Report Abuse

I sure hope so, he better stay far far away, i heard he has been trying to get into the board of reneuco for some time but failed to do so thats is why the share price so weak coz he is threatening management

^

I doubt so, does he have enough cash?

Posted by Chang Keit Siong > 2023-12-08 22:20 | Report Abuse

Maybe football club can fund him

Posted by JustForFun123 > 2023-12-08 22:25 | Report Abuse

I heard he used to be the operator for reneuco that is why d share price got lower n lower coz he trying to take over the company like what he did with mgrc scib bintai etc, but base on the volume these 2 weeks it seems like a new operator has arrive

Posted by JustForFun123 > 2023-12-08 23:35 | Report Abuse

Mr AZ is still posting about reneuco’s announcements on his IG, cant confirm if he is still in or not

Depeche

4,448 posts

Posted by Depeche > 2023-12-09 04:01 | Report Abuse

Can only be 100% sure if Reneuco is Scib in the making if it breaks out of 0.38.

PureBULL ...

2,413 posts

Posted by PureBULL ... > 2023-12-09 04:46 | Report Abuse

RENEUCO

my daring TAKE:
1st, on week chart, it must go higher to reach
weekly RSI14 > 68.8% line.
( do note it failed to do so on Dec 27th 2022, only hit RSI at 64.07% n its down trend continued on)

then
2nd, must do a sexy looking IM of 2 to 4 weeks.
in that IM, a daily n esply 4 hr macd GC = is the pt to take risk to enter for std 4 to std 6.

https://www.tradingview.com/x/BXq3XOi6/

yes only like scib at right timing pt for std 4 on May 22nd 2023:
https://www.tradingview.com/x/lkTPjk5d/

Eagle77

4,146 posts

Posted by Eagle77 > 2023-12-09 09:36 | Report Abuse

Relax just wait and see PMX full of surprises 😎 Madani attractive government and billions of dollars investment to Malaysia 🇲🇾💪💪💪💰💰💰😄🤞

Posted by JustForFun123 > 2023-12-09 10:24 | Report Abuse

@Eagle77 whats ur tp for reneuco ?

Eagle77

4,146 posts

Posted by Eagle77 > 2023-12-09 10:37 | Report Abuse

1) 1st TP : 0.40
2) 2nd TP : 0.60
3) 3rd TP : 0.80

* Madani Government ⬆️✅💰💪🫰🏻

Posted by JustForFun123 > 2023-12-09 10:51 | Report Abuse

@Eagle77 any timeline for this? Next week ecrl contract coming? Agong will perform opening ceremony

Eagle77

4,146 posts

Posted by Eagle77 > 2023-12-09 11:01 | Report Abuse

Citaglobal Bhd and Reneuco Bhd, which have won a tender to develop an independent power producer (IPP) project for the East Coast Rail Link (ECRL) network, on Thursday (April 20) signed an agreement to formalise their collaboration via a new special purpose vehicle (SPV).

Posted by JustForFun123 > 2023-12-09 11:12 | Report Abuse

@Eagle77 yesyes this is only LOI they need to formalize it and get awarded by MRL through LOA, which has not happen after 1 year…. Is this the catalyst we are all waiting for to propel reneuco to 0.8?

Eagle77

4,146 posts

Posted by Eagle77 > 2023-12-09 11:53 | Report Abuse

@JustForFun123 yes ya..with nosh 728 millions not far different from Scib easy to move it up when bags some huge/mega projects 🤞⬆️✅💰

Posted by JustForFun123 > 2023-12-09 11:58 | Report Abuse

@Eagle77 provided the operator is not azerai, he has no cashflow to push, only wants fast profit thats y the stock sentiment so bad, do u know if anything has changed internally?

Eagle77

4,146 posts

Posted by Eagle77 > 2023-12-09 12:04 | Report Abuse

https://www.freemalaysiatoday.com/amp/category/business/2023/10/16/healthcare-construction-potential-budget-2024-winners/

Madani Government focusing on construction segments to boost our economy and revenue ⬆️✅💰🫰🏻

Posted by JustForFun123 > 2023-12-09 12:05 | Report Abuse

But not guarantee the project goes to reneuco, however these are all not important if the chef wants to goreng no projects also can such as scib

Eagle77

4,146 posts

Posted by Eagle77 > 2023-12-09 12:18 | Report Abuse

No worries PMX is good in attracting the investors and Reneuco’s management just like new Scib’s management team 💪⬆️✅😎

Posted by JustForFun123 > 2023-12-09 12:41 | Report Abuse

so far reneuco’s management is still under Mustakim right ? I saw there is this new royalty joined their board, not sure from which state, a tunku is that the change?

Posted by JustForFun123 > 2023-12-09 14:16 | Report Abuse

Who is he? Not much info about him, scib has johari’s son, reneuco got who? If same management or shareholder means GPS also?

Eagle77

4,146 posts

Posted by Eagle77 > 2023-12-09 15:47 | Report Abuse

Tunku Datuk Nooruddin bin Tunku Dato' Sri Shahabuddin, an experienced professional in the oil and gas industry, has held various positions in notable companies such as Esso Malaysia Berhad - Downstream (Exxon Mobil), where he was responsible for the distribution of refinery products and government national accounts. He also served as the Executive Director of Baker Hughes INTEQ (BHI) and other Baker Hughes Group of Companies in Malaysia, which were involved in upstream O&G exploration and development activities. In these roles, his primary responsibilities included securing the supply of goods and services to local O&G operators and international participants in Malaysia. As a PSC licensed service provider to Petronas, BHI Malaysia's participation in international activities was also involved.

With more than a decade of business experience, Y.M. Tunku Datuk Nooruddin has served in an advisory capacity for various international companies, including Avaria International FZE (UAE), Jotun Paints (Malaysia), Al Madina LLC (Oman), SCS Computer Systems Sdn Bhd, Electrolux (Malaysia), Tideway-Dredging International (Malaysia), Yoshida BM Japan, Paylink Global Sdn Bhd (e-payment platforms), Japan Halal Promotion Association, Malene Insurance Brokers, ERM Property Management, R Zain Associates (Consultant Civil & Structural Engineers), Singapore Precious Metals Exchange (SGPMX Malaysia), and others in South East Asia, UAE, Oman, and Kazakhstan.

In recognition of his contributions, His Majesty the Yang Dipertuan Agong conferred Y.M. Tunku Datuk Nooruddin with the Order of the Royal Household PSD (Panglima Setia DiRaja) and the title Datuk in 2011.

jacklintan

1,722 posts

Posted by jacklintan > 2023-12-09 15:52 | Report Abuse

Stay buy in Reneuco ( KPOWER). Don’t ask why

Eagle77

4,146 posts

Posted by Eagle77 > 2023-12-09 15:53 | Report Abuse

Dato' Dr. Md. Khir Abdul Rahman dilahirkan pada 2 Ogos 1947 di Kanchut, Alor Star, Kedah. Beliau menyandang jawatan penting di Bank Negara, Telekom Malaysia, MEPS, MDC dan MIGHT.

Pendidikan
sunting
Beliau belajar di Kolej Sultan Abdul Hamid, Alor Star dan Universiti Malaya jurusan Sains Matematik. Seterusnya, sambung belajar di peringkat Sarjana dan Kedoktoran di State University of Ghent, Belgium mendapat Ijazah Sarjana Pembangunan Pertanian dan Ijazah Kedoktoran Sains dalam bidang Statistik Pengkomputeran.

Kerjaya
sunting
Dari awal beliau bekerjaya di Institut Penyelidikan dan Pembangunan Pertanian Malaysia (MARDI) (1972) ; Berkhidmat di Bank Negara (1983) ;Pengarah Urusan, Kumpulan Teknologi Mejati (1996 ) ; Timbalan Ketua Pegawai Eksekutif / Pengurus Besar Malaysian Electronics Payment System Sdn. Bhd. (MEPS) ; Ketua Eksekutif dan Ahli Lembaga Telekom Malaysia (1 Mei 2000) ; Pengarah Multimedia Development Corporation Sdn. Bhd (MDC) ; Pengarah 'Malaysian Industry Government Group for High Technology' (MIGHT) ; Ahli Jawatankuasa Tender (TelCo) ; Ahli Lembaga Jawatankuasa Skim Opsyen Saham Pekerja Lembaga ; Ahli Lembaga kepada beberapa anak-anak syarikat dan syarikat-syarikat bersekutu Telekom Malaysia.

Eagle77

4,146 posts

Posted by Eagle77 > 2023-12-09 16:06 | Report Abuse

Citaglobal got YDP Agong and Reneuco got Tunku working together on business 🤝🙌 so what say you 👍💪😎💰✅

Posted by JustForFun123 > 2023-12-09 16:40 | Report Abuse

Alot of big names but if operator lousy and not pushing no use also price will not move

Eagle77

4,146 posts

Posted by Eagle77 > 2023-12-09 16:42 | Report Abuse

Be patience even Scib also taking 7 months to move up to 0.80 cents 😄🫰🏻⬆️✅💰😎

Eagle77

4,146 posts

Posted by Eagle77 > 2023-12-09 16:44 | Report Abuse

0.5,1,2 cents a day and all the way up to 0.80 ⬆️✅💰😎🤞

Posted by JustForFun123 > 2023-12-09 17:00 | Report Abuse

Scib is slow coz no projects reneuco on e secure ecrl i think will be big surge

Eagle77

4,146 posts

Posted by Eagle77 > 2023-12-09 17:30 | Report Abuse

When its on the way up ⬆️ there must be flushing the weak holders, consolidating and digesting processes but it’s going upwards and upwards constantly and continuously that’s the nature of share bullish movements ⬆️✅😎🤞🫰🏻

Posted by JustForFun123 > 2023-12-09 21:15 | Report Abuse

That is true just the vol on friday is a little bit scary hopefully this operator got deep enough pockets to absorb

Eagle77

4,146 posts

Posted by Eagle77 > 2023-12-09 21:25 | Report Abuse

Reneuco secured ECRL project with profits will boost the earnings per share will automatically increase the share price not only depending on operator to rise ⬆️✅💰🤞

Eagle77

4,146 posts

Posted by Eagle77 > 2023-12-09 21:28 | Report Abuse

Besides that maybe in near future with the royal bod will get more mega projects from Madani Government ✅💰😎🫰🏻

Posted by JustForFun123 > 2023-12-09 22:01 | Report Abuse

Ecrl project will take atleast 3 more years to start yielding profits for reneuco, so it wont be so soon

Eagle77

4,146 posts

Posted by Eagle77 > 2023-12-09 22:17 | Report Abuse

Ya any type of big project takes time to complete but it will yielding by stages based on completion it’s a secured profit…even u plant durian also have to wait for its bear fruit not overnight right? 😄🫰🏻💰💰💰

Eagle77

4,146 posts

Posted by Eagle77 > 2023-12-09 22:23 | Report Abuse

Btw if Renueco starts yielding from ECRL u can’t get this present price anymore 😂it’s may cost u 0.80 above 💰✅

Posted by JustForFun123 > 2023-12-10 11:50 | Report Abuse

Besides ecrl, noted that reneuco did not win any tender under CGPP (LSS4 replacement), what other RE projects will they get ?

Eagle77

4,146 posts

Posted by Eagle77 > 2023-12-10 12:13 | Report Abuse

Beli beli masih murah…percaya dan beli dan simpan 💰😎🫰🏻

Eagle77

4,146 posts

Posted by Eagle77 > 2023-12-10 12:50 | Report Abuse

Good news ECRL installation tomorrow by YDP Agong 🫰🏻Reneuco up ⬆️ or limit up 🆙💰💰💰🤞

Posted by JustForFun123 > 2023-12-10 13:06 | Report Abuse

Hopefully after the initiation MRL will announce the award of IPP project to reneuco and citaglobal…. Maybe thats why friday operator chose to wash?

Depeche

4,448 posts

Posted by Depeche > 2023-12-10 14:13 | Report Abuse

Redeemable convertible bond holders may be converting to Reneuco shares?... short term may see high volume trading? 0.26 to 0.20 trading range?

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