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? What is wrong with Bursa? Wall St has been going up non-stop for ages... and Nikkei has just crossed over the 50K level for the first time in history. Bursa... on the other hand... slumped more than 7pts this morning.
Why? It is thought that our economy is picking up with billions of investments have already arrived at the shores but ...bskl index slummping..? Hard to digest
Why PN17 counter" like Rene has a low price ???because it's often a symptom of desperation, not strategy.
Why Low Price then? Not sustainable except for synd to push and pull ..
their profit margin rendered to zero or even negative. ... see data sheet EPS negative!!They are essentially selling at a loss just to generate some cash flow, which is unsustainable.
Why No "Buying Power" seems unattractive except to syn .....push and pull
The isues surrond this aspects
1. Lack of Capital: They don't have the large cash reserves to buy in bulk.
2. No Credit from Suppliers: Due to their small size and potentially shaky financials, suppliers will not give them favorable credit terms
Hahaaa look at ask and bids... in millions... syn are playing themselves to make it looks good .... a game of parking gap and open... ... dirty games .. this stock is cornered . Synd dictates the songs. Do not fall on to their luring.. exit.. block games.. they re the gate keepers ....no mercy
Be mindful of our hard earned dollar and cents .Trade wisely own risk
Look at EPS -6.38 ....negative EPS (Earnings Per Share) which means the company is losing
So a negative EPS does carries weight and indicators of the compny health.
a negative EPS can only happen when the Net Income is negative. A company reports a net loss.... dont talk then or having hope .. it not not a profit, for that period.
Mindful next Q results will be out end Nov 25 ... position urself wisely ... avoid being followers like mule all the times
What then a Negative EPS Tells You About the Company??
Info I3
RENEUCO BERHAD Receives Extension for Regularisation Plan Submission
Date: 28 Aug 2025
RENEUCO BERHAD has announced that it has been granted a six-month extension by Bursa Securities to submit its regularisation plan, now due by 7 February 2026.
This decision follows a previous announcement made on 25 July 2025, where the company sought additional time to comply with the listing requirements under Practice Note 17.
The extension is critical for RENEUCO as it navigates its financial challenges and aims to meet regulatory expectations.
.
However, Bursa Securities has made it clear that this extension does not prevent them from taking further action.
If RENEUCO fails to submit the regularisation plan by the new deadline, or does not obtain necessary approvals, trading of its listed securities may be
a.suspended,
b and the company could face delisting.
This places significant pressure on RENEUCO to ensure compliance within the stipulated timeframe.
Disclaimer . Date of guidance critical for compny survival
2 times already submission of regularisation plan deferred??????
Latest dateline 7Feb 26 ...
next Q report ended sep25 should comes out by end Nov 25 ( 2 months graced period of closing Q of the said time frame . Be mindful
