Posted by Raiz368 > 2024-02-01 05:22 | Report Abuse

Just panic selling by retailer and dump by operator. Friday sure will bounce back to above 10 cent.

Posted by B4b4 > 2024-02-01 07:43 | Report Abuse

Rebound

Posted by CoffeeMilo > 2024-02-01 09:48 | Report Abuse

Pn17.

Posted by Eagle77 > 2024-02-01 09:57 | Report Abuse

Reneuco Berhad (“Reneuco” or the “Company”) is mainly involved in sustainable energy and utilities activities.

Reneuco was incorporated on 3 February 1997 and listed on the Second Board of Bursa Malaysia Securities Berhad on 22 March 2002. Reneuco was subsequently transferred to the Main Market of Bursa Securities in 2009. Reneuco was included in the FTSE Bursa Malaysia EMAS (FBM EMAS) Index in July 2021.

Reneuco’s sustainable energy and utilities segment involves construction-related activities and specialized engineering services that are spread over various projects locally and abroad. The construction-related activities segment undertaken by the Company consists of engineering, procurement, construction, and commissioning of sustainable energy and utilities projects.

Under construction-related activities, Reneuco has now embarked on asset ownership of solar and small hydropower projects. Reneuco has won a bid for a 50 MW solar power plant under LSS4@MEnTARI in Pekan, Pahang. Reneuco is also a successful bidder under the feed-in tariff (“FiT”) e-bidding exercise conducted by SEDA for the development of small hydropower plants with a total capacity of 40.4 MW in Gua Musang, Kelantan.

Whilst Reneuco is focusing on the Malaysian market, the Company also aims to expand its regional footprints into ASEAN, South Asia, Central Asia, the Middle East, and Europe. The Company also plans to widen its renewable energy product offerings from mainly hydropower and solar to include wind and biomass. Leveraging these strategies, the Company is confident to achieve its aspiration to emerge as a leading regional player in sustainable energy and utilities.

The Company is also involved in property, logistics healthcare, and technologies segments.

Posted by CoffeeMilo > 2024-02-01 10:25 | Report Abuse

Sure trigger PN17. Impairment so high.

Posted by Eagle77 > 2024-02-01 10:31 | Report Abuse

Datuk Mustakim???

Posted by CoffeeMilo > 2024-02-01 10:36 | Report Abuse

Agnes no relation with serba dinamik, maybe can survive. Kpower ~~

Posted by Eagle77 > 2024-02-01 10:36 | Report Abuse

Let us see what Datuk Mustakim doing for all shareholders…

Posted by Eagle77 > 2024-02-01 10:39 | Report Abuse

SCIB, Minetec also related with Serbadk all the Co-founder from there…

Posted by Eagle77 > 2024-02-01 10:43 | Report Abuse

So isn’t SCIB, Minetech also going to PN17 ??? CoffeeMilo don’t mixed up coffee and milo later u got poisoned 🤮

Posted by CoffeeMilo > 2024-02-01 10:43 | Report Abuse

Wah so many conman counter

Posted by CoffeeMilo > 2024-02-01 10:45 | Report Abuse

1day drop 50%. Crazy...

Posted by Eagle77 > 2024-02-01 10:51 | Report Abuse

According to CoffeeMilo next PN17 will be SCIB and Minetech because related to Serbadk…

CoffeeMilo
Wah so many conman counter
4 minutes ago

Posted by CoffeeMilo > 2024-02-01 10:54 | Report Abuse

Same fate like serba dinamik

Posted by Eagle77 > 2024-02-01 10:54 | Report Abuse

CoffeeMilo
Agnes no relation with serba dinamik, maybe can survive. Kpower ~~
————————————————————

Repost accusing all related to Serbadk will be falling in PN17 according to CoffeeMilo..

Posted by Eagle77 > 2024-02-01 10:57 | Report Abuse

Exec Chairman, MD/CEO of Reneuco…

Please do respond and comment on the above statement by CoffeeMilo…true or not???

Posted by CoffeeMilo > 2024-02-01 11:06 | Report Abuse

Eagle77 must have lost kaw kaw.
Buy so many con counter and kena con kaw kaw.

Posted by CoffeeMilo > 2024-02-01 11:07 | Report Abuse

@ Eagle,How much you lost at kpower.

Posted by Eagle77 > 2024-02-01 11:11 | Report Abuse

I bought Reneuco not Kpower ok..

Posted by Eagle77 > 2024-02-01 11:12 | Report Abuse

Kpower doesn’t exist anymore..

Posted by CoffeeMilo > 2024-02-01 11:13 | Report Abuse

PETALING JAYA: Reneuco Bhd suffered a 45% plunge in its share price after it disclosed it was unable to release its annual report for the financial year ending Sept 30, 2023 (FY2023) by the Jan 31 deadline.

The renewable energy company also faces the prospect of having its shares suspended from trading if it fails to submit the annual report by Feb 8.

Posted by Eagle77 > 2024-02-01 11:15 | Report Abuse

Exec Chairman, MD/CEO of Reneuco…

Please do respond and comment on the above statement by CoffeeMilo…true or not???

If u all are men and transparent answer our questions…make statement why keep silent???

Posted by Eagle77 > 2024-02-01 11:19 | Report Abuse

We all are shareholders of Reneuco we have the right to know the truth about what happened to the company…we invested with trust in this company and please be responsible to the shareholders as stipulated in this company’s vision, mission etc..

Posted by AztDynt99 > 2024-02-01 11:38 | Report Abuse

Why panic selling....they say they will submit...Internal Auditor done only pending certification from External Auditor. They try before 8 Feb 24 or latest March 24...only 1 month delayed. If suspension only for a while...the share will bounce back. Just buy small amount until 8 Feb 24...looking for smart return...

Posted by fl888 > 2024-02-01 11:44 | Report Abuse

Was this delay purposely created to panic innocent shareholders for certain insider benefit mo…

Posted by AztDynt99 > 2024-02-01 11:49 | Report Abuse

this is pre-plan by certain people for very very cheap buying opportunity.., plus accumulation and will sell few months later .

Posted by CoffeeMilo > 2024-02-01 12:06 | Report Abuse

@Eagle 77 kpower = reneuco

Posted by AztDynt99 > 2024-02-01 12:15 | Report Abuse

Case Study RENEUCO

Panic selling

Similar to Bahvest...drop from 0.34 on 13 April 23, and lowest 0.12 on 17 May 23
Now 0.46 ....

Posted by Eagle77 > 2024-02-01 12:58 | Report Abuse

KUALA LUMPUR: 14 Dec 2021…Datuk Dr Mohd Abdul Karim Abdullah has resigned from KPower Bhd as its non-independent non-executive chairman effective immediately.

KPower, in a statement today, deputy chairman Mustakim Mat Nun would assume the chairman's position temporarily.
————————————————————

Now Datuk Mustakim is the Executive Chairman of Reneuco.

# No connection with Karim and Serbadk at all 😎 New management team 🤞

Posted by future > 2024-02-01 13:33 | Report Abuse

GREENING THE GRID: ACCELERATING RENEWABLE ENERGY DEVELOPMENT IN SARAWAK

Posted by future > 2024-02-01 13:34 | Report Abuse

This is the actual plan for Sarawak, need vehicle to progress it, maybe Reneuco?

Posted by TheNormieTrader > 2024-02-01 13:49 | Report Abuse

is better to cut loss , or if there is any chance the price rebound 0.115 - 0.120 then to sell off

Posted by Eagle77 > 2024-02-01 14:11 | Report Abuse

The specialist of renewable energy is Reneuco so Sarawak will appoint the expert such as Reneuco to accelerate the green energy transformation and development 😎🤞

future
This is the actual plan for Sarawak, need vehicle to progress it, maybe Reneuco?

Posted by CoffeeMilo > 2024-02-01 14:58 | Report Abuse

Cut lost.serba Dinamik in making.

Posted by Eagle77 > 2024-02-01 15:07 | Report Abuse

# No connection with Karim and Serbadk at all 😎 New management team 🤞

Posted by Eagle77 > 2024-02-01 15:32 | Report Abuse

Naysayers wanted to buy cheap tickets they always shouting and mentioning like Serbadk🤣 eventually no connection at all after 2021 Datuk Karim was resigned from Kpower…keep on spreading the old unrelated news to scare/confuse people 💥🔫😎🤣

Posted by CoffeeMilo > 2024-02-01 15:51 | Report Abuse

Who is Karim why you keep mentioning him. What he got to do with this counter.

Posted by Lai Peng Chin > 2024-02-01 17:09 | Report Abuse

E&E is one of the major shareholders.

Posted by Eagle77 > 2024-02-01 17:34 | Report Abuse

If u don’t know Karim don’t mention about Serba Dinamik ok 👌…here not related to Serba Dinamik at all ok 👌😎💥🔫

Posted by Eagle77 > 2024-02-01 17:37 | Report Abuse

Malaysia lifts renewable energy export ban, move welcomed in Singapore. The Malaysian government also doubled its targeted renewable energy capacity by 2050 and announced that it will allow for the development of self-contained renewable energy systems.

Posted by Eagle77 > 2024-02-01 17:38 | Report Abuse

August 2023, Malaysia revised its target of renewable energy installed capacity from 40% by 2040 to 70% by 2050. It aims to achieve this target predominantly by increasing the number of solar panel installations.

Posted by Eagle77 > 2024-02-01 17:41 | Report Abuse

Whilst Reneuco is focusing on the Malaysian market, the Company also aims to expand its regional footprints into ASEAN, South Asia, Central Asia, the Middle East, and Europe. The Company also plans to widen its renewable energy product offerings from mainly hydropower and solar to include wind and biomass. Leveraging these strategies, the Company is confident to achieve its aspiration to emerge as a leading regional player in sustainable energy and utilities.

Posted by Eagle77 > 2024-02-01 17:49 | Report Abuse

Now Reneuco has no more competitors in renewable energy business after the closed down of Serba Dinamik 💥🔫😎
Reneuco will emerge as one of the best RE players in this region and world to continue contributing in green energy to the global economy 😎⬆️✅💪💪💪🤞

Posted by Eagle77 > 2024-02-01 18:01 | Report Abuse

Sort Term Target Price : 1.00 - 2.00
Long Term Target Price: similar to YTLPOWER 😎💪⬆️✅

Posted by JustForFun123 > 2024-02-01 18:15 | Report Abuse

@Eagle77 y r u still so confident on this stock AR also got delayed

Posted by Michael Kwok > 2024-02-01 18:21 | Report Abuse

Reneuco down if got 6 cents buy q.only for people got winning money.
If real,20-30 percent up after tht must throw
1/2/24 6.21pm

Posted by JustForFun123 > 2024-02-01 18:24 | Report Abuse

I think 8c should be bottom, because on the 14/12/2023 there is a 38m dbt at 0.077, but no announcement made so im guessing that is mustakim’s margin shares trnasfer to own account, so means cannot let it drop further else will get force selling

Posted by Eagle77 > 2024-02-01 19:18 | Report Abuse

JustForFun123
@Eagle77 y r u still so confident on this stock AR also got delayed
————————————————————
JustForFun123…

in my opinion and perspective on this matter is a normal thing that could happen to any other company and yet they already explained internal audit done ✅ just giving a little bit of time for external auditor to complete their job that’s all…no bad news about the company so far so why have to worry about nothing 👌😎….why panicking selling??? Listening to rumours/false information/false accusations etc negative news from the naysayers? Oh no‼️ Be rasional and do your own research and study on this company and the future prospects 👌

Securing plenty of projects ECRL, technology development projects etc and more good news especially in renewable energy projects coming soon 😎🤞

Posted by Eagle77 > 2024-02-01 19:27 | Report Abuse

That’s why nowadays many companies are interested to venture into renewable energy segments because of its high potential in this era of time. I don’t think Reneuco so dumb as a pioneer/specialist/expert dealing with RE lets their business gone down or closed down yet can make multimillion/multibillion of profit 😎🤞

Posted by Eagle77 > 2024-02-01 19:31 | Report Abuse

Under the Malaysia Renewable Energy Roadmap (MyRER), the government has set an ambitious target of renewable energy providing 31 percent (13 gigawatts) of the nation's energy needs by 2025 and 40 percent (18 gigawatts) by 2035.