RENEUCO BERHAD

KLSE (MYR): RENEUCO (7130)

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Last Price

0.045

Today's Change

-0.005 (10.00%)

Day's Change

0.04 - 0.045

Trading Volume

2,434,400


7 people like this.

16,732 comment(s). Last comment by 4dking777 1 day ago

Posted by JustForFun123 > 2023-12-14 16:49 | Report Abuse

not 0.8 ke>? how come downgraded to 50c

Eagle77

7,037 posts

Posted by Eagle77 > 2023-12-14 16:59 | Report Abuse

50 cents dulu la

Posted by Lovedurian > 2023-12-14 17:06 | Report Abuse

Got good news?

Posted by JustForFun123 > 2023-12-14 17:14 | Report Abuse

good news always there, just that operator controlling the movement i feel....
by right this stock with ECRL and so many contracts and projects, it should not be anything less than rm 1

Posted by Lovedurian > 2023-12-14 18:21 | Report Abuse

I believe long-term investment can reach more than RM 1

Posted by de_investor > 2023-12-14 19:43 | Report Abuse

Waiting for LU.
Hehee

Daily88

160 posts

Posted by Daily88 > 2023-12-14 21:03 | Report Abuse


7130 RENEUCO RENEUCO BERHAD
Additional Listing Announcement /Subdivision of Shares

1. Details of corporate proposalWhether the corporate proposal involves the issuance of new type and new classof securities? NTypes of corporate proposal : AcquisitionsDetails of corporate proposal : ACQUISITION BY RENEUCO RE SDN BHD, A WHOLLYOWNED SUBSIDIARY OF RENEUCO BERHAD ("RENEUCO") OF 10,000 ORDINARY SHARES INADAT SANJUNG SDN BHD ("ASSB"), REPRESENTING THE ENTIRE EQUITY INTEREST IN ASSBFROM OHP VENTURES SDN BHD FOR A PURCHASE CONSIDERATION OF RM90,000,000, TO BESATISFIED VIA A COMBINATION OF CASH PAYMENT OF RM20,000,000 AND THE ALLOTMENTAND ISSUANCE OF 318,181,819 NEW ORDINARY SHARES IN RENEUCO ("CONSIDERATIONSHARES") AT AN ISSUE PRICE OF RM0.22 PER CONSIDERATION SHARENo. of shares issued under this corporate proposal : 318,181,819Issue price per share ($$) : 0.2200Par Value ($$) (if applicable) : 0.000Latest issued share capital after the above corporate proposalIn the followingUnits : 1,071,542,671Issued Share Capital ($$) : Malaysian Ringgit (MYR) 263,967,414.030Listing Date : 15/12/2023Remarks:You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com

Posted by JustForFun123 > 2023-12-14 21:28 | Report Abuse

Fly next week?

Eagle77

7,037 posts

Posted by Eagle77 > 2023-12-14 22:39 | Report Abuse

⬆️💰🤞😎

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

From today onwards, Dato Mustakim will own around 26% and MOF will own around 8%..... the day b4 there was a DBT of 33m shares at 0.07 i wonder who got these shares....... advance payment for big projects? hehehehe

Posted by Silentreader88 > 2023-12-15 09:38 | Report Abuse

Unit bought at 0.220 :

13 dec : 17.2 million
14 dec : 13.6 million
Today up to 0935am : 10.4 million

Do you think this price not going anywhere up while you still wanna throw at 0.215? :)

Posted by JustForFun123 > 2023-12-15 09:46 | Report Abuse

The 318 million of shares listing today is at 0.22, so i guess 0.22 signifies something.....should be nicely from here on.... Govt committed to operating ECRL on Jan 2027, which means reneuco n citaglobal has around 3 years from now to build the power plant to power ECRL so the contract award should be anytime soon ....... that is the reason why Citaglobal partnered with Genetec as well, because they need the batteries to store excess power to ensure power reliability

Eagle77

7,037 posts

Posted by Eagle77 > 2023-12-15 10:57 | Report Abuse

If drop we reload again guys 😎🤞

manka

766 posts

Posted by manka > 2023-12-15 11:51 | Report Abuse

wow...rene sudah ramai orang beli......kayo la..kihkhikhikhih

anisbin

650 posts

Posted by anisbin > 2023-12-15 11:54 | Report Abuse

Reneuco...❤️❤️❤️

manka

766 posts

Posted by manka > 2023-12-15 11:56 | Report Abuse

ibu naik...anak pun naik...banyak ong la...kihkihkikih

manka

766 posts

Posted by manka > 2023-12-15 11:57 | Report Abuse

smtrack jgn lupa guys...wang besar dalam pembikinan....lai...lai...kihkihkikih

Posted by Silentreader88 > 2023-12-15 12:01 | Report Abuse

Hold guys... Long term project :)

Eagle77

7,037 posts

Posted by Eagle77 > 2023-12-15 12:14 | Report Abuse

⬆️✅💰😎🤞

Posted by JustForFun123 > 2023-12-15 12:37 | Report Abuse

since Friday last week it has been on downtrend and everyone is panic selling including contra players, only operators are collecting, so today's sudden surge means it is just left to right pocket......they are pushing up building volume....

Posted by Lovedurian > 2023-12-15 13:07 | Report Abuse

Friday last week Operator cuci orang

Daily88

160 posts

Posted by Daily88 > 2023-12-15 13:35 | Report Abuse

issue with reneuco, they can't even break 27

izoklse

5,272 posts

Posted by izoklse > 2023-12-15 16:25 | Report Abuse

Get ready. We will try to break that.

Posted by Silentreader88 > 2023-12-15 16:29 | Report Abuse

please up slowly and steady. :)

Posted by readytoinvest > 2023-12-15 16:30 | Report Abuse

When it's on the uptrend, everyone seems to think that they are doing smthg right and sprouting things that may or may not be true. Just becareful and do your own research

Posted by JustForFun123 > 2023-12-15 17:02 | Report Abuse

Agree, hence i never comment on price action, what i know is, Reneuco just completed the acquisition of 3 operational hydro plants in sabah today with a FIT of 0.25 kwh, with this we can know that the annual revenue contribution from these 3 hydro will be around MYR 7 million, 5m will go to Reneuco annually, this will be recurring income stream from today onwards, They stil have LSS4 in Pahang which is coming online this month and that has a capity of 50mw if based on the same FIT of 0.25 that is another 11m recurring income annually..... thre is 1 more Hydro plant in Kedah to which reneuco is building, and do not forget about ECRL IPP... now all they need to do is bag a few EPCC projects to get construction income we should be good to go

Eagle77

7,037 posts

Posted by Eagle77 > 2023-12-15 17:07 | Report Abuse

⬆️💰😎🤞

Posted by JustForFun123 > 2023-12-15 19:17 | Report Abuse

Is azerai still inside reneuco?

Posted by Lovedurian > 2023-12-16 00:20 | Report Abuse

asked this question several times and always said he was the operator.

Posted by Lovedurian > 2023-12-16 00:24 | Report Abuse

He's just a football operator!!!

Posted by JustForFun123 > 2023-12-16 09:07 | Report Abuse

So why is he still posting about reneuco

Posted by StockSniffer > 2023-12-16 09:50 | Report Abuse

let's wait for LU

Posted by Lovedurian > 2023-12-16 10:06 | Report Abuse

Investors can’t publish it either? Any investor declares that he is an operator??

Posted by JustForFun123 > 2023-12-16 12:00 | Report Abuse

Think everyone knows he was the operator for scib bintai mgrc n possibly reneuco but he may have been kicked out from reneuco now

Posted by JustForFun123 > 2023-12-16 12:08 | Report Abuse

But i think this time it is different base on volume because az has no funding he is not a powerful operator, he just tries to take over cheap companies to run

Posted by BullxBear > 2023-12-16 21:03 | Report Abuse

why must go for goreng stock ? because got u all, they earn money. i believe wont up alot. cause still have many ppl waiting sell they tickets. if want know pls check back they history.

Michael Kwok

6,476 posts

Posted by Michael Kwok > 2023-12-18 00:23 | Report Abuse

Reneuco 24 cents
After takeover a compsny,nosh increase by 25 percents at least.so down or up.guess ur self.
18/12/23 12.22am

Posted by JustForFun123 > 2023-12-18 18:42 | Report Abuse

Leta do some numbers here:

1) hydro from Assb will contribute around 10m per annum assuming the plants operate at 90% efficiency with a profit margin of 25% at a FIT of 0.243 kwph (total 29000 kw)

2) LSS4 in pahang will contribute around 7.8m annually assuming 6 hours of sun per day with 80% efficiency at a FIT of 0.18 kwph (total 50000 kw) and 50% profit margin (less costly to maintain solar farms compared to hydro)

Reneuco will get a recurring income of 18m roughly per year. ECRL requires how much power? It should be in excess of 1GW or maybe lesser i cant be sure but it would be recurring income as well….. any epcc win now is a bonus

izoklse

5,272 posts

Posted by izoklse > 2023-12-20 11:04 | Report Abuse

continue collecting.

newbie9893

2,435 posts

Posted by newbie9893 > 2023-12-20 11:52 | Report Abuse

limit up?

Posted by JustForFun123 > 2023-12-23 11:54 | Report Abuse

Got rumors saying first week of jan will fly big

manka

766 posts

Posted by manka > 2023-12-23 12:52 | Report Abuse

In goreng counter we trust...

YuHainTeck

1,029 posts

Posted by YuHainTeck > 2023-12-26 09:29 | Report Abuse

Diluting process continues.... now heading back to below 20c.

YuHainTeck

1,029 posts

Posted by YuHainTeck > 2023-12-26 09:31 | Report Abuse

Maybe can start looking back at this counter when it reaches back to 18.5c.

Posted by readytoinvest > 2023-12-26 10:26 | Report Abuse

Buy when fear

Posted by investortrader88 > 2023-12-26 19:14 | Report Abuse

If want to buy.wait it drop below RM0.20.why need to rush.even announced lots of projects need time too complete.technical is strong sell now.need to be very patient to hold.buy & forget

anisbin

650 posts

Posted by anisbin > 2023-12-26 19:43 | Report Abuse

Reneuco double bottom at 20.5 sen...

rusy

663 posts

Posted by rusy > 2023-12-27 09:35 | Report Abuse

Sudah mahu jatuh ke..

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