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 11 hours ago

rockosl86

147 posts

Posted by rockosl86 > 2021-02-06 11:20 | Report Abuse

Karim sell his warrant bcoz he also want collect cheap maa..hahahahaha

Collin Soo

894 posts

Posted by Collin Soo > 2021-02-06 11:26 | Report Abuse

Market cap 5.0Million within 5 years

Sailangking

1,912 posts

Posted by Sailangking > 2021-02-06 11:33 | Report Abuse

but still a lot ppl look down kpower, all want fast and furious..

greencode

1,692 posts

Posted by greencode > 2021-02-06 13:05 | Report Abuse

I look down cause 2 weeks already no strong movement. Sleeping and low volume.

Collin Soo

894 posts

Posted by Collin Soo > 2021-02-06 15:45 | Report Abuse

greencode@"The big money is not in the buying and selling, but in the waiting" - Charlie Munger

Sailangking

1,912 posts

Posted by Sailangking > 2021-02-06 16:07 | Report Abuse

greencode, suggest u go casino better. shares no suitable for u

Sailangking

1,912 posts

Posted by Sailangking > 2021-02-06 19:27 | Report Abuse

KPower's 1QFY21 net profit stood at RM8.15 million, from RM948,000 a year ago, on construction-related activities. Quarterly revenue jumped 411% to RM57.06 million from RM11.16 million a year earlier.

According to Mustakim, the group targets RM2 billion for its FY21 order book. Currently, its secured projects stand at RM1.4 billion, and outstanding secured projects are worth RM1.2 billion.

He explained that currently, the group has tendered for RM4.21 billion worth of projects.

Of this sum, it has bid for RM1.35 billion worth of infrastructure and energy projects in the Middle East. It has also bid for RM1.17 billion worth of energy projects in Indonesia.

As for Malaysia, the group has bid for RM1.04 billion worth of projects, which are focused in the infrastructure, energy, utility and logistics sectors.

In Laos and Nepal, Mustakim explained that KPower has submitted bids amounting to RM44 million and RM600 million respectively.

As such, the group hopes that it will be able to secure some of the projects that it has submitted bids for, and noted that it will be bidding for more projects as FY21 progresses.

In terms of capital expenditure (capex) for FY21, Mustakim said the group anticipates deploying the funds towards a large scale solar 4 (LSS4) solar project it is currently bidding for. It estimates that the total cost of the project to be around RM180 million, with their equity portion to be between RM60 million and RM70 million.

At the same time, the group will use some capex as a "bridger" for some of its existing projects

greencode

1,692 posts

Posted by greencode > 2021-02-06 20:12 | Report Abuse

Sailang king I wrote this so kpower management can read the msg and do something la. Let them feel guilty. Hahahahha. Add oil ma

CoolJay

831 posts

Posted by CoolJay > 2021-02-06 20:54 | Report Abuse

2.5 Monday pls

skygazer

345 posts

Posted by skygazer > 2021-02-06 21:21 | Report Abuse

@sailangking Thanks for the info. This company has a very good future. Quite good for long term investment

Sailangking

1,912 posts

Posted by Sailangking > 2021-02-07 00:00 | Report Abuse

We hope that with this RM4.21 billion, we will be able to capture some of the projects. A lot more will be coming in throughout 2021,” said Mustakim.

He added that KPower is hopeful on the large-scale solar project, which it has entered in the current tendering, and in the event of the company being able to secure that particular project, its capital expenditure is going to be around RM50 million to RM70 million from the total project cost.

LA777

3,383 posts

Posted by LA777 > 2021-02-07 20:42 | Report Abuse

Just buy and forget.

CoolJay

831 posts

Posted by CoolJay > 2021-02-07 20:58 | Report Abuse

Am wondering, this company back in 2003 until 2019 do quite badly..how is it good fundamental?

Posted by Technoleaf1987 > 2021-02-07 21:12 | Report Abuse

After Dato Karim acquired major share in Kpower in 2019, then everything change..become the profit making company since then..

Posted by PeterJamesLim > 2021-02-07 21:15 | Report Abuse

CoolJay, A new management has taken over Kpower in 2019, hence this explains why the company has started to gain profit over the last two years. This is a great example of a turn around company. Go and read the company’s financial report.

Posted by Tradegentlemen > 2021-02-07 21:20 | Report Abuse

Kpower all the way
Let it boom soon

Sailangking

1,912 posts

Posted by Sailangking > 2021-02-07 21:27 | Report Abuse

Cny rally this week. Are you ready guys

Rayyan

50 posts

Posted by Rayyan > 2021-02-07 23:18 | Report Abuse

Current KPOWER business performance suggests higher profit to be reported in this month QR !

alant812

167 posts

Posted by alant812 > 2021-02-08 00:12 | Report Abuse

kpower will closing high before cny at rm3

Kwe1991

316 posts

Posted by Kwe1991 > 2021-02-08 07:41 | Report Abuse

Runrunrun

Sailangking

1,912 posts

Posted by Sailangking > 2021-02-08 08:28 | Report Abuse

@kwe, open low again ?

Posted by Tradegentlemen > 2021-02-08 08:34 | Report Abuse

Kpower under consolidation and I think it’s creating lower lows

Posted by Tradegentlemen > 2021-02-08 08:34 | Report Abuse

Let’s monitor tdy

Kwe1991

316 posts

Posted by Kwe1991 > 2021-02-08 08:36 | Report Abuse

sailang yes ...TO open low...

Sailangking

1,912 posts

Posted by Sailangking > 2021-02-08 08:37 | Report Abuse

hope like last friday..last min turn green...haha

Kwe1991

316 posts

Posted by Kwe1991 > 2021-02-08 08:40 | Report Abuse

see how,before cny give big green ang pow...

Kwe1991

316 posts

Posted by Kwe1991 > 2021-02-08 09:13 | Report Abuse

bad news run

Sailangking

1,912 posts

Posted by Sailangking > 2021-02-08 09:17 | Report Abuse

LOL....

Posted by Tradegentlemen > 2021-02-08 09:21 | Report Abuse

Hahaha u run la kwe1991.
Run from this forum also
No need to be here

Sailangking

1,912 posts

Posted by Sailangking > 2021-02-08 09:24 | Report Abuse

can see support level still there.

Posted by Tradegentlemen > 2021-02-08 09:27 | Report Abuse

Rilex only
Hahaha

Posted by Tradegentlemen > 2021-02-08 09:27 | Report Abuse

Don’t have to be panic

Posted by Tradegentlemen > 2021-02-08 09:29 | Report Abuse

This week market will be sideway only

Sailangking

1,912 posts

Posted by Sailangking > 2021-02-08 09:35 | Report Abuse

wait for QR weeks :)

CoolJay

831 posts

Posted by CoolJay > 2021-02-08 09:45 | Report Abuse

OMG... 2.35 :(

Kwe1991

316 posts

Posted by Kwe1991 > 2021-02-08 09:51 | Report Abuse

QR BOOM. then drop bck to 1.80

Kwe1991

316 posts

Posted by Kwe1991 > 2021-02-08 10:14 | Report Abuse

high sell pressure

greencode

1,692 posts

Posted by greencode > 2021-02-08 10:20 | Report Abuse

Karim now go to esceram. That’s why silent here

CoolJay

831 posts

Posted by CoolJay > 2021-02-08 10:23 | Report Abuse

T_T... haiz.. stuck liao

Kwe1991

316 posts

Posted by Kwe1991 > 2021-02-08 10:23 | Report Abuse

jay cut ba buy below

Kwe1991

316 posts

Posted by Kwe1991 > 2021-02-08 10:24 | Report Abuse

today break 2.30

Sailangking

1,912 posts

Posted by Sailangking > 2021-02-08 10:30 | Report Abuse

kwe, you cut ?lol

Sailangking

1,912 posts

Posted by Sailangking > 2021-02-08 10:30 | Report Abuse

relax lar

Kwe1991

316 posts

Posted by Kwe1991 > 2021-02-08 10:35 | Report Abuse

take profit last week.2.45

Kwe1991

316 posts

Posted by Kwe1991 > 2021-02-08 10:39 | Report Abuse

buy 2.20,2.00,1.80

Sailangking

1,912 posts

Posted by Sailangking > 2021-02-08 10:56 | Report Abuse

Good luck to you...hahaha

bigby7

433 posts

Posted by bigby7 > 2021-02-08 11:08 | Report Abuse

Karim came back !!!

Kwe1991

316 posts

Posted by Kwe1991 > 2021-02-08 11:28 | Report Abuse

run before cny

Posted by Tradegentlemen > 2021-02-08 11:29 | Report Abuse

Just open back after 1-3 months la
U wl see kpower is higher then its current price

Posted by Tradegentlemen > 2021-02-08 11:30 | Report Abuse

Today predict the closing above 2.36

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