Posted by CKMNOP01 > 2024-02-08 15:24 | Report Abuse

2night publish AR 2moro continue trading.

Posted by Za1234 > 2024-02-08 15:24 | Report Abuse

mr mizie....ok ke jika beli @ 7sen????.......kan sangkut?

Posted by mizieXX > 2024-02-08 15:33 | Report Abuse

xsuggest.. patut beli masa merah.. klau kena suspend esok..mungkin tunggu sampai early april

Posted by Kim > 2024-02-08 15:34 | Report Abuse

Test buy @7c =)

Posted by LiTech > 2024-02-08 15:36 | Report Abuse

Accumulateda a few hundred lots and will continue to buy more if can settle QR issue. Continuity is never an issue for this company. A good counter sometimes needs to touch hard ground to bounce it up

Posted by mizieXX > 2024-02-08 15:36 | Report Abuse

widad mcm buying interest dh datang blk..boleh usha2..😁

Posted by fl888 > 2024-02-08 15:48 | Report Abuse

imagine Reneuco got nearly approved1.1 billion RCNs to be converted at Minimal Conversion Price at 10cts.. to raise funds for company.....where can get delisted..

Posted by Kim > 2024-02-08 15:50 | Report Abuse

BUY @7c =)

Posted by Kim > 2024-02-08 15:50 | Report Abuse

Sailang all =) 7c

Posted by mizieXX > 2024-02-08 15:51 | Report Abuse

7 cents almost finish..not a buy call..hehe

Posted by mansaham1972 > 2024-02-08 15:53 | Report Abuse

Geng limit down itu hari rebound balik semua artronic,mersec scib ,widad,sridge...

Posted by mansaham1972 > 2024-02-08 15:54 | Report Abuse

Wang besauu Reneuco

Posted by Kim > 2024-02-08 16:01 | Report Abuse

@10c

Posted by mizieXX > 2024-02-08 16:05 | Report Abuse

wow..7.5 cents

Posted by fl888 > 2024-02-08 16:10 | Report Abuse

Need Eagle77 support on this issue.....

Posted by mansaham1972 > 2024-02-08 16:10 | Report Abuse

Tahniah yang buat profit

Posted by Kim > 2024-02-08 16:11 | Report Abuse

7.5c going take-off
Then see where and what happen shortly

Posted by eatsmall > 2024-02-08 16:35 | Report Abuse

wow..besok tutup kedai..hari ni hot sale

Posted by mizieXX > 2024-02-08 16:36 | Report Abuse

emm..i must get ready for reneuco fixed deposit..haha

Posted by fl888 > 2024-02-08 16:36 | Report Abuse

Thinking of whether to suspend or not…corporate move….?

Posted by fl888 > 2024-02-08 16:37 | Report Abuse

Email button to press at ???

Posted by mansaham1972 > 2024-02-08 17:04 | Report Abuse

Takpa mizie,saya ada lagi sikit reneuco utk kasi teman you fixed deposit

Posted by MZM2511 > 2024-02-08 17:09 | Report Abuse

AR already out..

Posted by CharlesT > 2024-02-08 17:10 | Report Abuse

Likely no suspension tmr.

Life goes on price will be back to normal

Posted by Kim > 2024-02-08 17:12 | Report Abuse

Limit UP :)

Posted by MZM2511 > 2024-02-08 17:12 | Report Abuse

Woww. Sayangnya saya kekal dengan keputusan semalam tak jadi go in.. He He He

Posted by CharlesT > 2024-02-08 17:13 | Report Abuse

No limit up lah...at most go back to the level it started to drop due to this news...

Mayb 0.16 to 0.18

Posted by wys8408 > 2024-02-08 17:13 | Report Abuse

PN17? Tmrw sell down

Posted by CharlesT > 2024-02-08 17:17 | Report Abuse

I3lurker I will support yr SCIB after I sold some of my Reneuco tmr

Posted by MZM2511 > 2024-02-08 17:17 | Report Abuse

BAD NEWS ACTUALLY... I never expect..

PRACTICE NOTE 17 / GUIDANCE NOTE 3
FIRST ANNOUNCEMENT
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3420866

Posted by MZM2511 > 2024-02-08 17:17 | Report Abuse

AR
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3420858

Posted by Kim > 2024-02-08 17:18 | Report Abuse

@CharlesT

Yeah. Nothing to say. Back to normal biz so it Gap up enough. Opening above 10c to 15c.

My 2c

Posted by CharlesT > 2024-02-08 17:19 | Report Abuse

Walau A...PN17 so fast....Anyway will take another 12 months to go...

Posted by CharlesT > 2024-02-08 17:19 | Report Abuse

Not sudden death

Posted by MZM2511 > 2024-02-08 17:20 | Report Abuse

Already listed as a PN17 listed issuer...

The Board of Directors of Reneuco (“Board”) wishes to announce that the Company is an affected listed issuer under Practice Note 17 (“PN17 Company”) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. The Company has triggered the prescribed criteria pursuant to Paragraph 8.04 of the Main Market Listing Requirements and Paragraph 2.1(d) of Practice Note 17 of Bursa Malaysia Securities Berhad whereby the Company has become an affected listed issuer under PN17 on the basis that Paragraph 2.1(d) of the Practice Note 17 has been triggered in the Company’s unaudited consolidated financial statements for the period ended 30 September 2023 announced on 8 February 2024.

Posted by wys8408 > 2024-02-08 17:22 | Report Abuse

Dont understand, why the company listed as PN17? Is it becoz they didnt manage to submit the AR by the deadline previously?

Posted by MZM2511 > 2024-02-08 17:23 | Report Abuse

Based on this criteria... Not because of defaulted loan or breach the minimum equity because of losses..

....
d) the auditors have highlighted a MUGC or expressed a qualification on the listed issuer's ability to continue as a going concern in its latest audited financial statements and its shareholders' equity on a consolidated basis is 50% or less of its share capital (excluding treasury shares); and

Posted by MZM2511 > 2024-02-08 17:25 | Report Abuse

This one for ACE companies.... I think it's also applicable for main board companies...

Can refer 2.1 (d) here..

The GN3 Relief Measures will be available to the listed issuer if it triggers any one of the following criteria under GN3 of the ACE LR ("Suspended Criteria"):-

a) its shareholders' equity on a consolidated basis is 25% or less of its share capital;

b) It has incurred loss in any 1 full financial year (“FY”) commencing on or after its listing, which is equal to or exceed the amount of its shareholders’ equity at the end of the said FY and its shareholders’ equity is equal to or less than 50% of its share capital at the end of the said FY;

c) it has incurred aggregate losses in any 2 consecutive full FYs commencing on or after its listing (“said financial period”)-

(i) which exceed the amount of its shareholders’ equity at the end of the said financial period;

(ii) the loss incurred in the 2nd full FY of the said financial period is 50% or more of the loss incurred in the 1st full FY of the said financial period; and

(iii) its shareholders’ equity is equal to or less than 50% of its share capital at the end of the said financial period;


d) the auditors have highlighted a MUGC or expressed a qualification on the listed issuer's ability to continue as a going concern in its latest audited financial statements and its shareholders' equity on a consolidated basis is 50% or less of its share capital (excluding treasury shares); and

e) default in payment by the listed issuer, its major subsidiary or major associated company, as the case may be, as announced pursuant to Rule 9.19A of the ACE LR and the listed issuer is unable to provide a solvency declaration to the Exchange.

Posted by Balian de Ibelin > 2024-02-08 17:27 | Report Abuse

many will sell Reneuco due to PN17
coz cannot use any PN17 share as collateral whether as Contra or Margin accounts.
expect some immediate selling
then will stabilise later

Posted by CharlesT > 2024-02-08 17:27 | Report Abuse

So likely no suspension tmr but now a PN17 Co...

Let's c how it goes tmr

Posted by MZM2511 > 2024-02-08 17:28 | Report Abuse

Good luck guys...

Posted by Kim > 2024-02-08 17:28 | Report Abuse

Report submitted then issued PN17.
Ok no need to pening.
Let’s price talk tomorrow.

Posted by Balian de Ibelin > 2024-02-08 17:29 | Report Abuse

Reneuco at this stage can still be rescued by issuing more PP or even RI
[Note - PP just recently done.]

Posted by SSteady > 2024-02-08 17:35 | Report Abuse

Expect the Serba Dinamik pattern:
1. AR will eventually be issued
2. Suspension lifted
3. Major sell-down
4. Wound licking

Posted by Balian de Ibelin > 2024-02-08 17:35 | Report Abuse

suspiciously Insider Trading
price went up maybe Insiders know AR will come out?

later price dropped after PN17 was discovered?

In this world, no special Insider info, very hard to survive?
[btw Insider Trading is a jail term offence]

Posted by Balian de Ibelin > 2024-02-08 17:36 | Report Abuse

That is funny! 😊

Posted by SSteady > 10 seconds ago | Report Abuse

Expect the Serba Dinamik pattern:
1. AR will eventually be issued
2. Suspension lifted
3. Major sell-down
4. Wound licking

Posted by mizieXX > 2024-02-08 17:49 | Report Abuse

maybe open gap down..panic or force selling.
then push up back.. lets see tomorrow.

Posted by CoffeeMilo > 2024-02-08 18:28 | Report Abuse

PN17...📌🎈

Posted by mansaham1972 > 2024-02-08 18:44 | Report Abuse

Esok masih ada peluang untuk buat pancingan hahaha

Posted by SSteady > 2024-02-08 18:49 | Report Abuse

PN17 COMPANIES AND Price
RENEUCO 0.07
AGESON BERHAD 0.07
ALAM MARITIM RESOURCES BERHAD 0.025
ASIA MEDIA GROUP BERHAD 0.085
BARAKAH OFFSHORE PETROLEUM BERHAD 0.035
BERTAM ALLIANCE BERHAD 0125
BINTAI KINDEN CORPORATION BERHAD 0.075
CAPITAL A BERHAD (FORMERLY KNOWN AS AIRASIA GROUP BERHAD) 0.705
E.A.TECHNIQUE (M) BERHAD 0.25
EPICON BERHAD (FORMERLY KNOWN AS KONSORTIUM TRANSNASIONAL BERHAD) 0.385
FSBM HOLDINGS BERHAD 0.335
IQZAN HOLDING BERHAD 0.005
IREKA CORPORATION BERHAD 0.435
IVORY PROPERTIES GROUP BERHAD 0.07
KHEE SAN BERHAD 0.135
KNM GROUP BERHAD 0.09
PERAK CORPORATION BERHAD 0.43
PHARMANIAGA BERHAD 0.42
REACH ENERGY BERHAD 0.03
SAPURA ENERGY BERHAD 0.05
SARAWAK CABLE BERHAD 0.13
SCOMI ENERGY SERVICES BERHAD 0.005
SERBA DINAMIK HOLDINGS BERHAD (IN LIQUIDATION) 0.02
ZELAN BERHAD 0.055