RENEUCO BERHAD

KLSE (MYR): RENEUCO (7130)

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Last Price

0.045

Today's Change

-0.005 (10.00%)

Day's Change

0.045 - 0.045

Trading Volume

1,343,600


7 people like this.

16,732 comment(s). Last comment by 4dking777 20 hours ago

Posted by Keeheong1960 > 2024-07-12 12:35 | Report Abuse

Not so soon to push up waiting for the good news

Posted by Silentreader88 > 2024-07-12 15:22 | Report Abuse

wow. mother suddenly active. son so lazy, havent moved

ashland

2 posts

Posted by ashland > 2024-07-12 15:23 | Report Abuse

Seems like lencai sudah mali

ambuyat

15 posts

Posted by ambuyat > 2024-07-12 15:56 | Report Abuse

Jom

curiousq

1,140 posts

Posted by curiousq > 2024-07-12 16:23 | Report Abuse

Wah !! very strong .... many others cannot but this one unexpected boom

Newcomer

34 posts

Posted by Newcomer > 2024-07-12 16:25 | Report Abuse

i top up now.. another wave coming

IlmuKhodam

359 posts

Posted by IlmuKhodam > 2024-07-12 16:33 | Report Abuse

Buy in more. Monday sure second round goreng.

B4b4

7,597 posts

Posted by B4b4 > 2024-07-12 17:13 | Report Abuse

Boom boom boom...fly up

Posted by Silentreader88 > 2024-07-13 16:49 | Report Abuse

If you look at daily technical charting, it is now due for another spike, short term trader likely can enjoy fruitty return 2-3 weeks. So, Just collect.

Michael Kwok

6,476 posts

Posted by Michael Kwok > 2024-07-15 01:15 | Report Abuse

Reneuco 10 cents.
If it stay longer 9.5-10.5 cents
Possible breaching 14 cents
Tp 16-20 cents.
15/7/24 1.15pm

Eagle77

7,034 posts

Posted by Eagle77 > 2024-07-15 06:59 | Report Abuse

Again Hubline Bhd Sarawak in action ✅ buy it going to fly 🚀🚀🚀 high guys 😎

B4b4

7,597 posts

Posted by B4b4 > 2024-07-15 15:18 | Report Abuse

Reneuco......boleh

Posted by whistlebower99 > 2024-07-16 11:56 | Report Abuse

FOR NEWBIES

PRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
Description RENEUCO BERHAD ("RENEUCO" OR THE "COMPANY")
- MONTHLY ANNOUNCEMENT PURSUANT TO THE PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3460680

https://www.klsescreener.com/v2/stocks/view/7130/reneuco-berhad

==================
Reference is made to the Company’s First Announcement dated 8 February 2024 and subsequent monthly announcements made by the Company in relation to the classification of the Company as an affected listed issuer under Practice Note 17. Unless otherwise defined, the definitions set out in the First Announcement shall apply herein.

Pursuant to paragraph 4.1(c) of Practice Note 17 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”), the Board of Directors of the Company wishes to announce that the Company is in the midst of formulating a regularisation plan to address its financial condition (“Regularisation Plan”) and shall make the necessary announcement(s) with regards to the development thereof accordingly. The Company has approximately 7 months to submit its Regularisation Plan to the relevant regulatory authorities for approval to implement the same.

This announcement is dated 1 July 2024

====================
TAYOR

Posted by mohda39kashalf > 2024-07-16 12:24 | Report Abuse

0.08 in 2 weeks .. sabar2

Lobaking

13 posts

Posted by Lobaking > 2024-07-16 19:03 | Report Abuse

This means reneuco has until Sept to submit its regularisation plan. What if it does or dosent? What happens in both scenarios?

fl888

7,776 posts

Posted by fl888 > 2024-07-16 20:33 | Report Abuse

What will happen to the Citaglobal=Reneuco Consortium of 30 years worth RM600 million to power up ECRL if it is delisted ?

Bright888

119 posts

Posted by Bright888 > 2024-07-17 08:54 | Report Abuse

Reneuco....boleh naik semula ke 22s

IlmuKhodam

359 posts

Posted by IlmuKhodam > 2024-07-17 08:58 | Report Abuse

ECRL will be using steam engine if Reneuco delisted.

Posted by mohda39kashalf > 2024-07-17 15:38 | Report Abuse

round 4 .. every 2 weeks

Posted by 03zerothreee > 2024-07-17 15:40 | Report Abuse

wah up back 22s, sure or not

Posted by mohda39kashalf > 2024-07-17 15:45 | Report Abuse

very sure 0.08 ..

Posted by Keeheong1960 > 2024-07-17 16:14 | Report Abuse

Now u all small investor are fear the big player are very firm.renueco shall not delisted u all don't afraid.big player collect not enough they don't goreng.big player make big money.

Bright888

119 posts

Posted by Bright888 > 2024-07-18 06:46 | Report Abuse

Reneuco....BOLEH

Posted by tommypandaz > 2024-07-26 16:44 | Report Abuse

very very hard wall is blocking the way

carilembu

1,252 posts

Posted by carilembu > 2024-07-26 16:49 | Report Abuse

High possibility to follow Serba . Don't touch this counter.

raymondroy

865 posts

Posted by raymondroy > 2024-07-28 14:18 | Report Abuse

just a word of cautious to everyone who is trading reneuco.... its becoming a highly risky punters counter for many reasons.... with one of it being the fact that its related to serbaDK shareholders, and you all know what happened to serbaDK..... its 8c now, and has gone all the way to 5c..... from 8c if it goes to 16c that 100% profit ... likewise if it goes to 0.5c then its 95% loss !!! Unless you have secured news of the company's plans..... dont gamble, happy hunting

raymondroy

865 posts

Posted by raymondroy > 2024-07-28 15:12 | Report Abuse

RENEUCO Bhd incurred an impairment loss of RM132m in its fifth financial quarter ended Sept 30, 2023. Indeed, based on its closing price of 21.5 sen (3rd week Dec23), the sum represents more than 80% of the company’s market capitalisation of RM160m.
When asked what caused such a sizable impairment, Reneuco tells The Edge it was mostly related to engineering, procurement, construction and commissioning (EPCC) contracts for which the relevant project owner had yet to obtain financial close, or pending disbursement from the financiers !!!
Reneuco, however, did not divulge the details of the project owner mentioned.
The impairment raises eyebrows because its mini-hydro dam projects in Laos are owned by OHP Capital Sdn Bhd — a company that is related to its major shareholder and CEO.
Today Reneuco has acquired Adat Sanjung.... which is a 100% subsidiary of OHP Capital !!! for RM90m in cash !!! Smells fishy on RPT standpoint.

miji

44 posts

Posted by miji > 2024-07-29 17:21 | Report Abuse

scammer...

Posted by mohda39kashalf > 2024-07-29 18:13 | Report Abuse

relax2 .. waiting 0.08 ..

Posted by grimpoinvestor > 2024-07-30 16:08 | Report Abuse

Sudah touch 0.08

Posted by mohda39kashalf > 2024-07-30 18:24 | Report Abuse

touch only .. wait n relaq .. the q still long to go

kfbusjd

669 posts

Posted by kfbusjd > 2024-07-30 21:28 | Report Abuse

honestly, i cant see the hope for this company to escape from pn17. As a green energy construction company, it only got less than 1m revenue from construction sector. Managing director Mustakim keep on selling his shares shows that he want cabut already. Just see the latest announcement, he is going to sell another big amount of shares at this super low price sooner. Director already cabut, unless got white knight, otherwise delist is just a matter of time.

limit_up

336 posts

Posted by limit_up > 2024-07-31 01:07 | Report Abuse

Gg.. scammer counter. Delist soon. Just sell... don't buy...

Posted by Keeheong1960 > 2024-07-31 19:29 | Report Abuse

Just only a guessing game.kalau takut delisted jangan beli

Posted by mohda39kashalf > 2024-08-02 10:27 | Report Abuse

the engine just start

Posted by mohda39kashalf > 2024-08-05 09:48 | Report Abuse

tq sooo much .. money is coming

Posted by mohda39kashalf > 2024-08-05 10:00 | Report Abuse

round 5 .. soo early .. target met

Posted by mohda39kashalf > 2024-08-05 10:22 | Report Abuse

when people panic .. ur lucky .. sooo many choice ..

Posted by mohda39kashalf > 2024-08-05 14:45 | Report Abuse

round 6 .. come on 0.07

mf

29,360 posts

Posted by mf > 2024-08-05 14:52 | Report Abuse

sell

Posted by grimpoinvestor > 2024-08-05 16:24 | Report Abuse

got chance go lower

Posted by Ari Aran Gopalan > 2024-08-08 11:37 | Report Abuse

Delist soon?

raymondroy

865 posts

Posted by raymondroy > 2024-08-09 02:33 | Report Abuse

what delist!! just want to cause panic ah? Company has RM400m plus under capital work in progress on its power projects.... most more than 50% completion stage, what company lacks for now is revenue as last qtr only issued RM5m in revenue, its a company in incubation, patience is the key..... so until the projects materialise, share price will goyang2 a bit lah here and there :-)

limit_up

336 posts

Posted by limit_up > 2024-08-10 11:20 | Report Abuse

honestly, i cant see the hope for this company to escape from pn17. As a green energy construction company, it only got less than 1m revenue from construction sector. Managing director Mustakim keep on selling his shares shows that he want cabut already. Just see the latest announcement, he is going to sell another big amount of shares at this super low price sooner. Director already cabut, unless got white knight, otherwise delist is just a matter of time.

i agree this!

Posted by mohda39kashalf > 2024-08-12 14:23 | Report Abuse

round 6 .. success .. soooo earlyyy

Posted by mohda39kashalf > 2024-08-12 14:24 | Report Abuse

next week round 7

Posted by Whiteevoque > 2024-08-12 22:10 | Report Abuse

Collection 7-8sen. Target wave 3 35-4sen

Posted by mohda39kashalf > 2024-08-13 11:02 | Report Abuse

round 7 .. wow coming so early kaa

Eagle77

7,034 posts

Posted by Eagle77 > 2024-08-13 19:35 | Report Abuse

Minetech on the radar secured 36 million project and more to come ⬆️✅ also renamed the to new company brand to AIZO 😎👍👍👍

Eagle77

7,034 posts

Posted by Eagle77 > 2024-08-14 20:59 | Report Abuse

Injecting new energy into Minetech
TheStar Sat, Jan 27, 2024 12:00am - 6 months


Minetech Resources Bhd chairman Abang Abdillah Izzarim Abang Abdul Rahman Zohari.

NEWLY appointed chairman Abang Abdillah Izzarim Abang Abdul Rahman Zohari plans to usher Minetech Resources Bhd into a new era with a bold vision.

His aim is clear – to bolster the company’s existing strengths in construction, manufacturing, renewable energy (RE), and oil and gas (O&G), while charting new territories in telecommunications and trans-border logistics.

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