RENEUCO BERHAD

KLSE (MYR): RENEUCO (7130)

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Last Price

0.08

Today's Change

0.00 (0.00%)

Day's Change

0.075 - 0.085

Trading Volume

14,349,600


7 people like this.

16,635 comment(s). Last comment by mohda39kashalf 1 day ago

beinvested

2,445 posts

Posted by beinvested > 2020-12-30 15:52 | Report Abuse

Some people said, "Dia punya pandai lah..."

Is called wealth creation, not printing money or you controlling the central bank..

If got any substantial announcement immediately after the SPLIT, when each OS went to RM3, then one may be regretful if have sold the Warrants a bit early,

Let's see..

investorbat

1,411 posts

Posted by investorbat > 2020-12-30 15:54 | Report Abuse

@beinvested,if really os can reach 2.80,it is already 0.30 in the money,with 4 years premium ,warrant will be above $1.

beinvested

2,445 posts

Posted by beinvested > 2020-12-30 16:14 | Report Abuse

@investorbat, You are right.

Especially, the inner circle fellows, they likely hold the Warrants until the last day, with the fixed CP of RM2.50 , what will happen if the mother shares fetch RM4.00 each even before 3 year...How much each warrant then? THEY all like Warrants, free, and also the company can receive the funds as additional capital in the coming days.

So, the future performance of the Company is important.

Got confidence in this Company, can buy,

Posted by warrantKing > 2020-12-30 16:56 | Report Abuse

ANSON's TARGET RM2 AFTER SPLIT IS OTW

investorbat

1,411 posts

Posted by investorbat > 2020-12-30 17:22 | Report Abuse

@beinvested,im not greedy before ex around $8-$8.50 ok ady

Posted by AtomicHabits > 2020-12-30 17:28 | Report Abuse

Even with OS at RM2 on ex date , a 40% premium will give warrant a price of 30c, if 50% premium warrant 50c..

Zolan2020

449 posts

Posted by Zolan2020 > 2020-12-30 17:28 | Report Abuse

yep... RM 8 also good enough before split.

GLNT

551 posts

Posted by GLNT > 2020-12-30 17:37 | Report Abuse

Wow. Boss Mustakim continued to whack 320k shares at RM6.77. Good good

ktrader

1,883 posts

Posted by ktrader > 2020-12-30 18:25 | Report Abuse

GLNT where did you get the info...so fast and detailed one

Beast3

623 posts

Posted by Beast3 > 2020-12-30 19:06 | Report Abuse

Rally for share split & free warrant started. Can up average 7% to 10% per day with healthy correction till exdate.

Good luck everyone

beinvested

2,445 posts

Posted by beinvested > 2020-12-30 19:27 | Report Abuse

I perused through their AR @30JUNE2020.

1QR @30092020, total assets improved from RM167M to RM204M with RM93M balances in the banks. Almost half assets are in the banks.

Got lorries transporting chemical for gloves makers..
Numerous construction/building jobs even in overseas, Laos, Nepal, Indonesia..
At Bentong got manufacturing,
Owning assets in UK...

Got talents in finance/banking but the finance units are Dormant companies.

Not bad one this company...growing, eyeing on renewable energy sector, got vision. SO, the future Share value can be likely higher than RM2.50 (Conv Price for the Warrants), very good lah..

GLNT

551 posts

Posted by GLNT > 2020-12-30 22:10 | Report Abuse

ktrader, bursa malaysia website. Scan every announcement, you'll find it.

ktrader

1,883 posts

Posted by ktrader > 2020-12-31 07:12 | Report Abuse

GLNT...tq

Posted by CakapSohaiThings > 2020-12-31 09:23 |

Post removed.Why?

Posted by Kon Lim Chai > 2020-12-31 09:36 | Report Abuse

The exercise price of 2.50 is reasonable based on current mkt price, growth potential and 5 yr expiry

gchenh93

107 posts

Posted by gchenh93 > 2020-12-31 11:20 | Report Abuse

Anyone else received RM 30 TouchNgo ewallet voucher for attending AGM? :)

Onlineone

152 posts

Posted by Onlineone > 2020-12-31 13:53 | Report Abuse

@gchenh93 I received it in my email

Onlineone

152 posts

Posted by Onlineone > 2020-12-31 14:52 | Report Abuse

@Yu_and_Mee TRICOR

Dakewlest

1,754 posts

Posted by Dakewlest > 2020-12-31 15:06 | Report Abuse

Yu, lama tak nampak? :D

Beast3

623 posts

Posted by Beast3 > 2020-12-31 15:28 | Report Abuse

Go kpower. Closed 2020 with strong momentum

oneorange

43 posts

Posted by oneorange > 2020-12-31 23:05 | Report Abuse

how to calculate the stock split follow by bonus issue if i have 1000 lot?

beinvested

2,445 posts

Posted by beinvested > 2021-01-01 00:17 | Report Abuse

The better example will be , if you have 1500 shares, that are entitled to the subdivision of 1 share into 4 shares.

SO, 1500 will become 6000

6000 Shares will get 2000 Warrants.

oneorange

43 posts

Posted by oneorange > 2021-01-01 00:46 | Report Abuse

thanks beinvested, then i need to find out how to play warrant.

beinvested

2,445 posts

Posted by beinvested > 2021-01-01 01:21 | Report Abuse

The Company has decided that the conversion price of the Warrant is RM2.50

Your Each Warrant + RM2.50 made payable to the Company by you, the Company will issue one share to you, lasted until the Expiry date.

IF the Ordinary Share (OS) before the Ex date is RM10 , hopefully the price for each share after the subdivision will be RM2.50 traded in the Bursa. However, it may become RM2.80 or RM2.20 depending on the market performance then.

IF RM2.20 , nobody will convert the warrants to OS because it is cheaper to buy the OS directly instead of the conversion.

IF RM2.80 , the value of the Warrant will be RM0.30 each at least in the BURSA. With your warrants, You may sell the Warrants (given free) and keep the RM0.30 as the windfall. Next, you may pay RM2.50 to accumulate each share (convert) instead of buying at RM2.80 via the BURSA.

IF you keep the Warrants longer, they may fetch better value when the OS value is going higher and higher. The exact opposite can happen.

Posted by AtomicHabits > 2021-01-01 01:39 | Report Abuse

Happy new year all Karim Power lovers, hope this 2021 will be another excited & prosperous year for all pf us.

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-01-01 07:44 | Report Abuse

@beinvested
Thanks for detail explanation.
Happy New Year All.

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-01-01 11:12 | Report Abuse

next week to see if can reach rm10....since Warrant exercise price is rm2.50 as Coming Friday will be the last day before become 1 OS to 4 mini OS.

beinvested

2,445 posts

Posted by beinvested > 2021-01-01 11:46 | Report Abuse

Happy and blessed New Year to you and everyone.

investorbat

1,411 posts

Posted by investorbat > 2021-01-01 12:36 | Report Abuse

Kpower is one of the 11 stocks should own in 2021.If Kpower successful awarded the LSS4 total of 100mw,yearly PAT will add another $18-20mil which equivalent to $0.16 base on 113mil shares.

Posted by yongleecheng > 2021-01-01 17:16 | Report Abuse

happy new year.
happy cow year.
KPOWER IN 牛市

Posted by yongleecheng > 2021-01-01 17:17 | Report Abuse

Another alternative for renewable energy play could be KPower Bhd, which is one of the top picks of RHB IB and AmInvestment Bank Bhd.

RHB IB said KPower is firmly on its growth trajectory and is expected to double its order book size by end-FY21. "The stock, in our view, could undergo a further rerating, if KPower can penetrate the solar industry, which generally fetches premium valuations," said the research firm.

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-01-01 17:39 | Report Abuse

i am sure Kpower will get at least a piece of LSS4 project...

It will propel Kpower to go higher

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-01-01 17:42 | Report Abuse

Next week....another 5 day trading...
In order for the Warrant look delicious...
Mother need to push to rm10..

if not, the warrant will be underperform for now

Posted by AtomicHabits > 2021-01-02 11:05 | Report Abuse

Hamsterhuat, better let the Warrant underperform, so can sapu cheap cheap, convert holding to warrant, enjoy the leverage.

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-01-02 12:39 | Report Abuse

@AtomicHabits.....Ooops you right..
okok..
Collecting Warrant mode ON.
hahaha

Ok...Kpower ....please last closing RM8.88...cukup lah.
hahaha

Posted by Amir_Miraj > 2021-01-02 13:02 | Report Abuse

yup..closing rm8 pun ok to get rm2..then still cannpecut to rm 3 same week onnthe DDay

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-01-02 19:19 | Report Abuse

@bluebayou.......so Kpower no get small hydro project? lose bidding

investorbat

1,411 posts

Posted by investorbat > 2021-01-02 21:26 | Report Abuse

Kpower did not bid for this feed in tariff mini hydro power projects,as to date all hydro power projects Kpower secured r EPCC only. If they successful secured LSS4,then they can sell power for a duration of 21 years,the results still pending.Actually this e bidding feed in tarrif results announced on 14/12/2020.

flyborn

77 posts

Posted by flyborn > 2021-01-02 21:38 | Report Abuse

Kpower excluded
It is small

bluebayou

84 posts

Posted by bluebayou > 2021-01-03 00:45 | Report Abuse

there is a high chance of K Power getting job from these successful bidders

Beast3

623 posts

Posted by Beast3 > 2021-01-03 11:02 | Report Abuse

LSS4 project goooood

Posted by akulamatata > 2021-01-03 22:54 | Report Abuse

Hi, anyone know when the free warrant will giving?evy 3 share free one warrant,rite

Posted by AtomicHabits > 2021-01-04 00:20 | Report Abuse

Entitlement subject Bonus Issue
Entitlement description Issuance of up to 150,776,882 warrants in KPower Berhad (formerly known as Kumpulan Powernet Berhad) ("KPower" or the "Company") ("Warrant(s)") to the existing shareholders of KPower on the basis of 1 Warrant for every 3 existing ordinary shares held in KPower held as at 5.00 p.m. on 13 January 2021
Shareholder's Approval Yes
Ex-Date 12 Jan 2021
Entitlement date 13 Jan 2021

Abba84

979 posts

Posted by Abba84 > 2021-01-04 08:22 | Report Abuse

Ar warrants given :calculated after bonus shares entitlement.?
Says, 100 shares = 4x100 = 400 ;warrants=400÷3=133++

ktrader

1,883 posts

Posted by ktrader > 2021-01-04 10:47 | Report Abuse

Up up and awayyyy...

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-01-04 10:57 | Report Abuse

today up smooth and steady...
RM8 soon before Bonus Issue this Friday

Posted by AtomicHabits > 2021-01-04 11:35 | Report Abuse

Abba84, yes so recommended buy kpower with unit divided by3 to avoid odd units.. 3200 unit imstead of 3000unit.. 5400 instead of 5000unit.

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