Posted by DreamKaiser > 1 month ago | Report Abuse

Walaoweyh. Another new one for the Kaiser to cut the ribbon. Yay.🙌

Posted by DreamKaiser > 1 month ago | Report Abuse

Time to get your Rings ready for the pouncing then, guys.

Posted by DreamKaiser > 1 month ago | Report Abuse

TA Securities sees 14% upside for 3REN IPO
Sankita Jayanandan theedgemalaysia.com
21 Oct 2024, 06:22 pm

https://theedgemalaysia.com/node/730965

Posted by DreamKaiser > 1 month ago | Report Abuse

3REN's 32.5 mil IPO shares for public oversubscribed by 84 times
Anis Hazim/theedgemalaysia.com
25 Oct 2024, 06:14 pm

https://theedgemalaysia.com/node/731672

Posted by Eurus1973 > 1 month ago | Report Abuse

How much target opening

Posted by serbatipu > 4 weeks ago | Report Abuse

Good qr

Posted by mf > 4 weeks ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

41,794.60

-257.59

0.61%

Nasdaq

NASDAQ Composite

18,179.98

-59.93

0.32%

Posted by BursaKakis > 4 weeks ago | Report Abuse

3REN Releases 9M Earnings Report Prior To Listing On ACE Market
https://www.businesstoday.com.my/2024/11/04/3ren-releases-9m-earnings-report-prior-to-listing-on-ace-market/

Posted by BursaKakis > 4 weeks ago | Report Abuse

3REN-ding Forward In The Semiconductor & Electronics Space

• With more than 16 years of experience, 3REN is a Malaysian investment holding company that specializes in automation solutions and engineering services, primarily serving the semiconductor, electronics and manufacturing industries.

• Moving forward, we project a 3-year earnings CAGR of 12.0%, with core PAT expected to reach RM13.0-16.3m over the next three years, supported by (i) enhanced capacity for advanced product engineering services, facilitated by the establishment of two new Delivery Centres, and (ii) a favourable outlook in the global semiconductor, electronics and manufacturing sectors, bolstered by the adoption of AI, IoT and smart factories through Industry 4.0 and 5.0 technology.

• We assign a fair value of RM0.45 per share for 3REN, representing a 60.4% upside from the IPO price of RM0.28. This valuation is based on a P/E ratio of 20x, pegged to the FY25f EPS of 2.25 sen. The lower P/E reflects a discount due to 3REN’s smaller market capitalization compared to its larger industry counterparts.

- Mcca Securities

Posted by BE_GREEEEEDY > 4 weeks ago | Report Abuse

60 sen with in reach ....
With more than 16 years of experience, 3REN is a Malaysian investment holding company that specializes in automation solutions and engineering services, primarily serving the semiconductor, electronics and manufacturing industries.💪

Posted by Eurus1973 > 4 weeks ago | Report Abuse

Hopefully good start

Posted by BursaKakis > 4 weeks ago | Report Abuse

3REN Bhd (3REN, 0328)

Riding on the growth in automation and tech  
 
3REN Bhd (3REN, 0328) home grown company with over 16 years track record providing comprehensive automation and engineering solutions to key customer Intel and other MNCs across Malaysia's semiconductor lifecycle, from front-end to back-end processes.

🎯 We forecast +23.5% in earnings for FY25, with 3REN's fair value at RM0.45, based on FY25 PER 20x closely with industry peers and at discount to Bloomberg's 36x PER consensus for the Bursa Malaysia Technology Index.
 
1️⃣ 3REN has built strong relationships primarily within the semiconductor and electrical and electronics (E&E) industries, serving key clients such as Intel, KellyOCG, and several multinational companies (MNCs).

💎 In 2023, 3REN expanded its client base by acquiring new clients, including Customers D and E, with a high retention rate (69%) from recurring customers, reflecting its service quality and reliability within these competitive industries.

💎 3REN continues to broaden its client base, amid concerns of their major client Intel's recent layoffs and revenue challenges.

💎 As Intel restructure, opportunities for increased outsourcing places 3REN at sweet spot to capture more business. This aligns with industry trends where large technology firms increasingly outsource functions to boost efficiency, likely strengthening demand for 3REN's cost-effective engineering solutions and improving client retention.
 
2️⃣ R&D and innovation.

💎 3REN allocating RM5.1 million, (16.56% of listing proceeds), to establish (R&D) innovation center at its Tangkas plant 9, investing in IT software, recruiting expertise in field of AI, data science, and cloud engineering.

💎 3REN will also further develop its Nervii platform and Universal Test Automation Platform (Uni-TAP), targeting commercialization by 4QCY26.
 
3️⃣ Geographical expansion.

💎 3REN plans to establish two Delivery Centres in Penang to bolster its product engineering services segment and streamline operations by shifting project work from customer premises to these dedicated facilities.

💎 This allows 3REN to offer more sophisticated engineering services and provide value-added offerings, including turnkey embedded design services.

💎 Furthermore, 3REN plans to establish a sales and marketing office in Singapore by 1H25, with recent orders from Singaporean clients already contributing 2.6% of 6MFY24 revenue, underscore its ability to secure more projects in the region and demonstrate promising growth momentum.

💎 The company also aims to expand globally, with offices in India and the US over the next five years, strengthening its global presence.
 
4️⃣ Earnings visibility.

💎 RM30.4m outstanding orderbook providing earnings visibility for FY24 and FY25.

Rakuten Trade Ideas 06112024

Posted by BE_GREEEEEDY > 4 weeks ago | Report Abuse

ATTACCKKKKKKKKKKKKKKKKK $$$$$$💪

Posted by zhadao92 > 4 weeks ago | Report Abuse

0.48

Posted by DannyMccoy > 4 weeks ago | Report Abuse

1.41

Posted by zhadao92 > 4 weeks ago | Report Abuse

make it n believe it.. there is a boom boom move for tis counter

Posted by xuxu > 4 weeks ago | Report Abuse

the best today, 0.4 ka ? hehe

Posted by i7investors > 4 weeks ago | Report Abuse

Cumulative 3 quarters earning equal to last full year .

Posted by xuxu > 4 weeks ago | Report Abuse

aiyo 0.35 murah lagi ding dong ding dong terus pancut 0.4 lah

Posted by xuxu > 4 weeks ago | Report Abuse

3ren target today 0.4 and more to come ! gogogogo

Posted by afats24 > 4 weeks ago | Report Abuse

mari mari 37 mulah2

Posted by DreamKaiser > 4 weeks ago | Report Abuse

3REN shares surge 25% on ACE Market debut
By Bernama / Bernama
06 Nov 2024, 09:53 am
Updated - 11:53 am

https://theedgemalaysia.com/node/732892

Now up 30.36%

Posted by xuxu > 4 weeks ago | Report Abuse

maybe later raise 50% who knows ? hehe

Posted by DannyMccoy > 4 weeks ago | Report Abuse

Finger crossed!

Posted by xuxu > 3 weeks ago | Report Abuse

dah cakap ni bukan 3ren ini 4ren nanti 5ren 6ren hehe

Posted by Abba84 > 3 weeks ago | Report Abuse

Y khaz.natio.ceased t b substan.inverstrs-selling their holdings?

Posted by mf > 3 weeks ago | Report Abuse

take profit 45sen

Posted by xuxu > 3 weeks ago | Report Abuse

All best asalkan untung hehe

Posted by ktrader > 3 weeks ago | Report Abuse

take profit 0.455

Posted by paktua73 > 3 weeks ago | Report Abuse

morning..
paktua set rm0.53 for 1st time S-57.
main at RP+600



tut tut
Trump win tech soar

Posted by xuxu > 3 weeks ago | Report Abuse

Remember to take partial profit, add when pullback

Posted by paktua73 > 3 weeks ago | Report Abuse

hehe yes.. take profit first yer .

paktua will play when T-5 pass



tut tut
love ipo Tech

Posted by awesome20 > 3 weeks ago | Report Abuse

masih suci

Posted by paktua73 > 3 weeks ago | Report Abuse

morning..
paktua use own formula base on RP projection
3Ren need to sustain above RP+300 for nex T-3
untuk break rm0.50

RP Projection
RP Range base ipo rm0.28
RP+180=rm0.37
RP+240=rm0.40
RP+300=rm0.43
RP+450=rm0.505
RP+600=rm0.58


tut tut
come be part paktua legion if want to know more RP update
sent request at tele @swingdarkred73

Posted by xuxu > 3 weeks ago | Report Abuse

up too fast already, maybe become music chair later

Posted by paktua73 > 3 weeks ago | Report Abuse

for paktua 3ren still cheap sebab if base on ipo tech..
previously like gohub, mt3c,
even vtc all above rm0.50..
so 3ren easy can above rm0.51..


tut tut
paktua already get on ipo so will set RP+600 for S-57 exit.

Posted by Profit101 > 3 weeks ago | Report Abuse

vroom vroom vroom!!!

Posted by Michael Kwok > 3 weeks ago | Report Abuse

3 ren 45 cents.
Highest 49 cents.
Let see,can it supported 38 cents.if yes and long enough,another wave upward.
8/11/24 6.30pm

Posted by mf > 3 weeks ago | Report Abuse

2024-11-08

Insider

MISS TERESA TAN SIEW KUAN (a company director) disposed 50,000 shares at 0.390 on 06-Nov-2024.

2024-11-08

Insider

ENCIK AHMAD KHAIRUDDIN BIN ABDUL RAHIM (a company director) disposed 50,000 shares at 0.405 on 07-Nov-2024.

2024-11-08

Insider

MISS JOYCE WONG AI MAY (a company director) disposed 50,000 shares at 0.460 on 07-Nov-2024.

2024-11-08

Insider

PUAN HANITA BINTI OTHMAN (a company director) disposed 50,000 shares at 0.465 on 07-Nov-2024.

Posted by paktua73 > 3 weeks ago | Report Abuse

morning..
now 3Ren above RP+300 headed to RP+450..
hopefully can rrach by P-23

tut tut
still above RP+300 thats good sign

Posted by mf > 3 weeks ago | Report Abuse

Asia stocks fall as China stimulus disappoints, deflation persistsInvesting.com- Most Asian stocks fell on Monday (NASDAQ:MNDY) as fresh fiscal stimulus from China largely underwhelmed, while data over the weekend s

Posted by xuxu > 3 weeks ago | Report Abuse

pull back can buy abit test water hehe

Posted by Raiz368 > 3 weeks ago | Report Abuse

Next support 40 cent by tomorrow...

Posted by xuxu > 3 weeks ago | Report Abuse

only 1 word for 4ren ---- BUY hehe

Posted by Loh Kok Wai W > 3 weeks ago | Report Abuse

Director pun jual...those all listing n take money..then run...long term invest ??? don;t imagine...too much..wrong term is true...

Posted by xuxu > 3 weeks ago | Report Abuse

Director jual sikit pun tak boleh ke ? hehe

Posted by Loh Kok Wai W > 3 weeks ago | Report Abuse

you gi sambung lah...director not crazy...

Posted by xuxu > 3 weeks ago | Report Abuse

aiyo sooner back to 3ren, Mr Loh buy small play no harm hehe

Posted by Loh Kok Wai W > 3 weeks ago | Report Abuse

now i'm look manager look never buy ...now Malaysia share market is casino....had any profit..sell long term invest.?.don;t dream...there is past already...

Posted by Trader9 > 3 weeks ago | Report Abuse

Now at golden ratio. If bound, resistance will be at 0.43. If it breaks down 0.40 that will be not nice. Strenght appears in lower TF. Good luck everyone.