Highest price ever was 60cts on 7-4-2022 and Lowest price ever was 3.5cts on 7-2-2024 after going into PN17…..?? So expecting what price tomorrow and later after out of PN17…
Just like SCIB announced hundreds millions of projects but the price of shares plunged like no tomorrow ⬇️⬇️⬇️🩸🩸🩸 🤣🤣🤣 at least SCIB better not fall under PN17 like Reneuco… be wise lah guys 🤣🤣🤣 don’t be cheated 🤣
Sour grapes i dont care. 600 mil with 40% owned. Problem will solve once next announcement Mr XXX on board. Wait and see. If wanna sell just go ahead. :) Kaboom real is not yet.
600 mil with 40% owned. and 30 years contract plus 30 years。 that's mean,Isn't it easy Reneuco to get out of pn17? if get out of pn17(maybe after half or one year),how much the price will rebound?
So sorry it’s not guys just like Serbadk before after fall in PN17 still announced new project worth hundreds millions but it just try their last chance to rise the shares price for the directors and related parties to escape as much as they can 💵💵💵🤣🤣🤣 remember Serba Dinamik dramas 🩸⬇️
PN17 due to verification of accounting involved maybe lifted soon, ptobably by AGM on 27-3-24 as the External Auditors for SIR by the Internal Auditors are almost fulfilled except for One project as at 8-02-24 … former Agong has indirect interest also..
its good to see that reneuco secured such a big project, but how to finance the project? The only thing the directors know to do is private placement that make the share price even lower.
PROVISION OF ELECTRICITY AND RENEWABLE ENERGY TO THE EAST COAST RAIL LINK (ECRL) NETWORK - KEYWORD- provision. provide electric for 30 years. reneuco need to come up with own money to build first. then charge and earn for 30 years. hehehehe
Usually freights and passengers rail are fixed on the schedule and there is limitation. but, its not a bad project for long term to secure more revenue for the company.
@nicholas99, the 600m is the total project cost to build a 100MW facility to power the railway, the actual revenue we will not be able to calculate yet as they are still pending the conclusion of a definite agreement, we need the tariff rate per KWH to know how much can they earn then only we will be able to calculate. What i do know is that freight railway services typically operate on a 24/7 basis, so assuming the demand load is at 80% of that 100MW with a tariff of around 0.2/kwh, that is Rm 384k per day of revenue, Rm 11.52m per month, Rm 138.24m per year of revenue, assuming a 10% profit margin that will be Rm 13.8 net profit to be split among the consortium, these are just some estimation.
That is just an estimation, we will need to see the final figures later on, just trying to tell you your 240m/30 year is not the correct calculation only....
but income and profit is not a big big news. just a normal business.. add stability to reneuco revenue.. but they always will be able to come up -100mil losses from somewhere. so..
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fl888
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Posted by fl888 > 2024-02-21 22:24 | Report Abuse
Highest price ever was 60cts on 7-4-2022 and Lowest price ever was 3.5cts on 7-2-2024 after going into PN17…..?? So expecting what price tomorrow and later after out of PN17…