RENEUCO BERHAD

KLSE (MYR): RENEUCO (7130)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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

Gemstar

431 posts

Posted by Gemstar > 2020-06-19 12:00 | Report Abuse

@tualp u better go and take medicine lah crazy guy go SCIB counter to kacau also ... lose untill sot sot ... so why ppl chase high u sakit hati ah...not using your money ... poor liittle guy ... who can see can’t buy...

tualp

452 posts

Posted by tualp > 2020-06-19 12:07 | Report Abuse

Jessie94 using my nickname as his/her user name as tualp.

Jessie94 your id number is 000112235. Lan network= 102.10.967.889

I have print screen and prepare to lodge report if necessary.

Gemstar

431 posts

Posted by Gemstar > 2020-06-19 12:18 | Report Abuse

@tualp ban this jessie94

Posted by GordonWoo932 > 2020-06-19 12:44 | Report Abuse

hi. ECM is on 22/6..PP would be at 1.98 not too sure about share split..GL

Posted by GordonWoo932 > 2020-06-19 12:44 | Report Abuse

typo EGM

mamatede

3,950 posts

Posted by mamatede > 2020-06-19 16:06 | Report Abuse

Kpower AGM monday?

Gemstar

431 posts

Posted by Gemstar > 2020-06-20 12:59 | Report Abuse

Yup Monday 22 June stay tuned hope can share split...

Posted by SureWin1Woh > 2020-06-20 18:46 | Report Abuse

June 22nd is just an EGM to approve all the resolutions. Share spilt gotta wait for BOD to announce the ex-date

Abba84

979 posts

Posted by Abba84 > 2020-06-20 20:16 | Report Abuse

Surewin what is BOD.stnds fr?

Posted by SureWin1Woh > 2020-06-20 20:32 | Report Abuse

Board of Directors

brendonyeap

1,648 posts

Posted by brendonyeap > 2020-06-20 20:41 | Report Abuse

Good stock.. Will buy more on Monday. I have full confidence with Karim to build an empire of EPCC

brendonyeap

1,648 posts

Posted by brendonyeap > 2020-06-22 09:02 | Report Abuse

HUat ahhh RM 2.50!!!!

Gemstar

431 posts

Posted by Gemstar > 2020-06-22 09:10 | Report Abuse

Nice touch at 2.5 gonna break it again come on next 2.6

Posted by trylearn123 > 2020-06-22 09:24 | Report Abuse

小而优,就像曾经的gkent。有爸爸的强力支援,project都不用特意去找就源源不断,这样的股哪里去找呢。将来的明日之星。

Posted by GordonWoo932 > 2020-06-22 09:46 | Report Abuse

Time to tp..shud see below 2.26 by tom

Abba84

979 posts

Posted by Abba84 > 2020-06-22 13:59 | Report Abuse

U mean..after shre split..2.26 ..y so low?

Gemstar

431 posts

Posted by Gemstar > 2020-06-22 16:01 | Report Abuse

Still keeping ... belum 2.8 above then can split lah

Posted by SureWin1Woh > 2020-06-22 18:15 | Report Abuse

All resolutions passed 100%. Good time coming....

Abba84

979 posts

Posted by Abba84 > 2020-06-22 18:28 | Report Abuse

Share split approved b BOD too?

Posted by SureWin1Woh > 2020-06-22 19:28 | Report Abuse

ALL

CoolJay

831 posts

Posted by CoolJay > 2020-06-22 19:57 | Report Abuse

Share split ohh

gemfinder

6,880 posts

Posted by gemfinder > 2020-06-22 21:50 | Report Abuse

Pp fixed at 1.89

Abba84

979 posts

Posted by Abba84 > 2020-06-22 23:54 | Report Abuse

Based on the rules they are not allowed to sell PP shares n must hold it for at least 2 months.

Posted by akulamatata > 2020-06-23 05:06 | Report Abuse

Hey,the private placement adi done?

Posted by trylearn123 > 2020-06-23 08:43 | Report Abuse

this stock price still look like IPO price for me,just new ,and still bright for the future.why not take the car with the boss goto bright future.As i know 85% share all hold by boss,they never sell to market.

Posted by trylearn123 > 2020-06-23 08:44 | Report Abuse

wait big boss settle his "serbadk" problem, here will fly

Gemstar

431 posts

Posted by Gemstar > 2020-06-23 09:14 | Report Abuse

Kpower later will show u his power lai hit to rm2.5

karimboss

1,168 posts

Posted by karimboss > 2020-06-23 10:55 | Report Abuse

HUAT CHAI AH

Posted by supremee > 2020-06-23 10:56 | Report Abuse

split your investment to SCIB too, another hidden gem

Posted by supremee > 2020-06-23 10:57 | Report Abuse

SCIB train is moving too

gemfinder

6,880 posts

Posted by gemfinder > 2020-06-23 12:38 | Report Abuse

scib oredi moving....

Posted by SureWin1Woh > 2020-06-23 13:04 | Report Abuse

KUALA LUMPUR (June 23): RHB Investment Bank Bhd has initiated coverage on Kumpulan Powernet Bhd (KPower) at RM2.40 with a "buy" rating and a target price (TP) of RM3.46, pegged to 14 times price-earnings for financial year 2021 (FY21), factoring in the recently proposed 35% share placement to employ a higher share base.

In a note today, the research house said KPower is "poised to transform into an energy and utility services player, following the entry of new shareholders and a management team since June 2019".

"We are upbeat about this stock, as it offers an exponential earnings compound annual growth rate of 149%, a potential doubling of its order book by end-FY21, superior return on equity, and has an undemanding valuation of 9.7 times."

With the introduction of new board members and management team, KPower is repositioned to be an end-to-end provider of concession-based renewable energy infrastructure services, focusing on hydro, solar, waste-to-energy and biomass, it added.

RHB said KPower's order book value is targeted to hit RM2 billion by end-FY21, adding that KPower has demonstrated its ability to win big contracts by securing about RM1 billion in new jobs over the past year.

"Its current bid value stands at RM3 billion, of which 65% is from the energy segment, followed by the infrastructure and utility sectors at 34% and 1%."

"40% of the tenders were secured from the Middle East, while the remaining are from Malaysia (20%), Nepal (17%), Indonesia (16%) and Laos (7%). KPower has also received queries to undertake projects in the Philippines."

"We believe these job opportunities — especially the one situated in the Middle East — leverage on Datuk Karim's (KPower non-executive chairman) connections, as he has a strong presence in the region," the note said.

"The recently announced 35% private placement will allow KPower to execute projects secured, as well as strengthen its balance sheet for future growth. A dividend payout policy of at least 20% potentially translates into FY20-22 dividends per share of 1.8-6.9 sen, implying yields of 0.7-2.9%."

RHB highlighted that key risks include change in government policies towards renewable energy, competition risks, and weaker-than-expected margins.

For the cumulative first nine months of FY20 (9MFY20), KPower recorded net earnings of RM5.5 million compared with a loss of RM1.8 million for 9MFY19.

RHB expects KPower's earnings for the fourth quarter of FY20 to be stronger on a quarter-on-quarter basis, on the back of higher billings from the existing contracts in hand, despite experiencing some disruption in the property development projects due to the Movement Control Order.

At 11.56am, KPower shed one sen (0.42%) to RM2.39.

Posted by Bursatrador > 2020-06-23 13:24 | Report Abuse

no more power...

Abba84

979 posts

Posted by Abba84 > 2020-06-23 13:26 | Report Abuse

Good news.jus add few more shares tday.

Ron90

4,061 posts

Posted by Ron90 > 2020-06-23 14:31 | Report Abuse

hopefully with that coverage FM can put this counter in their list. with only 84m shares, not much room for volatility, that's why PP and split shares will definitely helps to push up the price later.

Gemstar

431 posts

Posted by Gemstar > 2020-06-23 15:05 | Report Abuse

Clear off 2.45 come on big boss

Posted by trylearn123 > 2020-06-23 15:25 | Report Abuse

小而优,就像曾经的gkent。有爸爸的强力支援,project都不用特意去找就源源不断,这样的股哪里去找呢。将来的明日之星。跟着他,一生衣食住行无忧。

Posted by trylearn123 > 2020-06-23 15:29 | Report Abuse

buy power strong enought,2.5 will broken

Ron90

4,061 posts

Posted by Ron90 > 2020-06-23 15:33 | Report Abuse

sudden volume increase in the afternoon, indicates big players start coming in..high probability that road block at 2.50 can pecah with one order..

Gemstar

431 posts

Posted by Gemstar > 2020-06-23 15:33 | Report Abuse

Big boss come and clear another roadblocks 2.5 come on we gonna got to 2.8

Ron90

4,061 posts

Posted by Ron90 > 2020-06-23 15:36 | Report Abuse

remember its only less than 20 million shares available !!.. .hold tight

Posted by trylearn123 > 2020-06-23 15:36 | Report Abuse

这支股票被盯上了,小心守护着,别被抢走。

Posted by trylearn123 > 2020-06-23 15:38 | Report Abuse

85% share lock by big player,hold tight

Gemstar

431 posts

Posted by Gemstar > 2020-06-23 15:58 | Report Abuse

Seems they collecting 2.4 to 2.5 once breakout we gonna fly

Posted by trylearn123 > 2020-06-23 15:59 | Report Abuse

yalor,but market now no much ticket le. sure will fly up soon.

brendonyeap

1,648 posts

Posted by brendonyeap > 2020-06-23 20:16 | Report Abuse

Buy as much as possible.. TP rm 3.65

Gemstar

431 posts

Posted by Gemstar > 2020-06-23 22:12 | Report Abuse

Tomorrow open 2.5 above ;)

CoolJay

831 posts

Posted by CoolJay > 2020-06-24 07:59 | Report Abuse

2.5 resistance

Gemstar

431 posts

Posted by Gemstar > 2020-06-24 09:06 | Report Abuse

Boring day klse 2 days straight red red

Posted by GordonWoo932 > 2020-06-24 20:08 | Report Abuse

1st tp......2.76 if above 2.50 from now

Post a Comment
Market Buzz