now everyone talks about ecrl but in reality it still takes about 1-2 years before operate. How about another big project LSS4? Anyone knows? Bear in mind this company is still in pn17, nobody knows if this company can comes out with regulation plan before due date... Before it out from pn17, it is good to trade but not invest.
@estsmall, you should be crazy if you to invest a warrant with premium 1,800% which is going to mature in 20 months. Do you know the exercise price of warrant to convert to mother share ? Exercise price of RM2.50 with current mother share price RM0.13
Just collect below 10sen. You will be smiling in q4. Renewables companies in bursa will be in bullish mode for next 1-2 yrs. reneuco, cypark and others
Dont talk about ECRL 1st. Based on past experience, this management team always disapointed me. Going to delist sooner if they cant come out with restructuring plan within the timeframe.
ECRL still takes few years to be completed but Reneuco would be delisted after few more months. No point talking too much about ECRL before it is out from pn17. ECRL would bring big profit to the company but at that time Reneuco would no longer a listed company in Bursa Malaysia. This is the main point.
Their LSS4 solar project in Pekan are facing delays for 6 months already. Everyday gov will charge 250K. Company takde duit, kena denda lagi how to survive? Let see if citaglobal got the power to help this co. Hydro power in Sabah pun tak tahu apa progress.. Pn17 lagi bank pun tacott nak bagi loan.. Rubbish
Renueco is just only sub con from MRL.MRL tak cukup duit untuk proceed project ECRL nak tunggu china government dapat pinjam tak.negara south east Asia sudah siap jalan hanya Malaysia saja buat bodoh.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Depeche
4,451 posts
Posted by Depeche > 2024-05-15 11:43 | Report Abuse
If QR in green, 0.20 is possible indeed.