KLSE (MYR): RENEUCO (7130)
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Last Price
0.075
Today's Change
-0.005 (6.25%)
Day's Change
0.075 - 0.075
Trading Volume
200
Ann. Date | Name | Details of Changes | Securities After Changes | |||||||
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Date | Type | No. of Shares | Price | Direct (%) | Indirect (%) | Total (%) |
What will happen to the Citaglobal=Reneuco Consortium of 30 years worth RM600 million to power up ECRL if it is delisted ?
1 month ago
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.
1 month ago
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
4 weeks ago
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.
4 weeks ago
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.
3 weeks ago
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 :-)
2 weeks ago
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!
2 weeks ago
Minetech on the radar secured 36 million project and more to come ⬆️✅ also renamed the to new company brand to AIZO 😎👍👍👍
1 week ago
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.
1 week ago
There's a Telegram group where Coconut aggressively promoted a stock trading at RM0.13. Despite the price dropping to RM0.10, they continued to hype its potential. Someone's lighthearted comment about the recommendation was met with a stern rebuke. I believe many people are holding onto this stock due to Coconut's misleading advice. Hopefully, the company can overcome its PN17 status and see its share price recover.
1 week ago
The last transaction pn17 restructuring plan is in March 2025, if company can not submit on time, generally on the bursa will give three months to half a year extension period, such as kmn are pn17 four years.pharma 2years already。
4 days ago
In this case can be renew the PN17....go ahead and buy the bright future outlook good is ahead.it is cheap surely make high profit.like kesang turn to Dbhd suspended later open up shoot up to RM 3.00
4 days ago
Buy gloves 🧤 stocks to protect your capital is coming and deadly type of Mpox already landed in Thailand 🇹🇭 just next to our bed ‼️buy cheap gloves counter such as Hexcare etc before to late ⏰✅
4 days ago
When people are fearful,so u must be greedy.low buy la if it shoot up to 10cts u can't buy back at the low price unless renueco go bankrupt
2 days ago
Lobaking
This means reneuco has until Sept to submit its regularisation plan. What if it does or dosent? What happens in both scenarios?
1 month ago