Post Reply
21-40 of 12595
1st Half Y2022 result. https://links.sgx.com/1.0.0/corporate-announcements/QE3R63PON7VMSEEG/32c6f1c65ce1dc45322e60deaaf18149d886e0a14f17602f58879bfa28b0fcdc
Excited to wait for 2HY2022 report to come in early Dec.
Counter started to get crowned.
Y2022Q1 is profit, for Q2 to Q4 where natural gas on high demand and on high price too, so expected to have higher profit too. NAV increased from $0.008 to $0.009. https://links.sgx.com/1.0.0/corporate-announcements/NSC469049FYQDR6T/4eb7acc5dc78558ed59953a6c8863695d6fd35c5cd3aaf841535aa7617d7bce4
Y2022Q1 result will be out within a week.
AGM
https://links.sgx.com/1.0.0/corporate-announcements/1LVWCG4XLLS4LROM/19cddc0499bc7791be130dec7a88fd523b96d507870e75e5f2f4d02b731badae
https://links.sgx.com/1.0.0/corporate-announcements/1LVWCG4XLLS4LROM/19cddc0499bc7791be130dec7a88fd523b96d507870e75e5f2f4d02b731badae
ComeHuat ( Date: 11-Oct-2021 11:14) Posted:
|
Yes, AGM today at 11am.
lp2000 ( Date: 11-Oct-2021 09:22) Posted:
|
are they not having the AGM today? and the results should be no later than 18 october? we may see some action at this counter in the next days i guess...
ComeHuat ( Date: 10-Oct-2021 22:52) Posted:
|
I am looking forward for 2022Q1 result (May to Jul) as natural gas price within this 3 months has increased by 1 times which may contribute to the revenue and profit. Q1 result shall be out by 18/10.
https://tradingeconomics.com/commodity/natural-gas
Thank you for the clarification.
Laggard ( Date: 27-Sep-2021 21:03) Posted:
|
They changed to current auditors in 2018, current management need to clean a lot of shit left over by previous management. This can be one of the left over.
I cannot see a Audit opinion can have anything on company valuation. Maybe they are looking out for M&A and acquisition but this issue got to do Auditors qualifying their financial report. That is the delay.
I wish you are right as having a Audit Opinion is no good at all.
I cannot see a Audit opinion can have anything on company valuation. Maybe they are looking out for M&A and acquisition but this issue got to do Auditors qualifying their financial report. That is the delay.
I wish you are right as having a Audit Opinion is no good at all.
ComeHuat ( Date: 26-Sep-2021 22:35) Posted:
|
I think may not so simple. Since 2017, new management took over control and auditor didn't raise question about the value of the company, now anxious about the value, will there be an acquisition taking place? That's my guess.
News came out. Auditor Opinion! No wonder take so long to finalise the financial report. Many points raised by Auditor.
No wonder 0.2 cents buyer keep thinning so Monday will be sellers at 0.2 cents.
No wonder 0.2 cents buyer keep thinning so Monday will be sellers at 0.2 cents.
ComeHuat ( Date: 24-Sep-2021 20:09) Posted:
|
Still no news...
This impact must be refer to or coming from the payment of SGD8.3 Mil by Chinese subsiday. They cannot pay neither is REU, so need to raise cash through placement. I still cannot see that being a positve. By the way 0.2 cents buyer is getting thin and 0.3 is increasing, but wills see as you said.
Acquisttion, so need placement? I think the placement is to plug the hole for the the 8.3 Mil in China when local managers (35% shareholding) already took away cash. This happended because the previous managemnt never visit China (at all
) to check the company and let the Chinese to run the way they like. What can we expect from this?
Acquisttion, so need placement? I think the placement is to plug the hole for the the 8.3 Mil in China when local managers (35% shareholding) already took away cash. This happended because the previous managemnt never visit China (at all
) to check the company and let the Chinese to run the way they like. What can we expect from this?
Wonder why need to do valuation and take longer time to audit.
Shall there be a acquisition taking place?
ComeHuat ( Date: 23-Aug-2021 07:42) Posted:
|
The Board of Directors (the "Board") of Renaissance United Limited (the "Company") refers to the announcement made on 10 August 2021 wherein it was announced that an application was made by the Company to the Singapore Exchange Regulation Pte. Ltd. ("SGX Regco") for a waiver with regard to compliance with Listing Rule 707(1) and for an extension of time to hold its annual general meeting for the financial year ended 30 April 2021 (?AGM?) by 30 September 2021 (?Waiver?). On 20 August 2021, the SGX Regco granted the Waiver, subject to the following conditions: a) the Company announcing the Waiver granted, the reasons for seeking the Waiver, the conditions as required under Mainboard Listing Rule 107, and if the Waiver conditions have been satisfied. If the Waiver conditions have not been met on the date of the announcement, the Company must make an update announcement when the conditions have all been met and b) the Company convening the annual general meeting by 30 September 2021. The Company is, therefore, making this announcement and to state that the reason for seeking the Waiver was because the audit of its financial statements would not be completed in time for it to hold its AGM by 30 August 2021, as the Company?s auditors required more time to assess the impairment worksheet and valuation reports prepared by independent valuers and sent through by the Company. In the meantime, the Board wishes to advise shareholders and investors to exercise caution when dealing in the shares of the Company. Persons who are in doubt as to the action they should take should consult their stockbrokers, bank managers, solicitors, accountants or other professional advisers.
if it' s placement will be good news.
Good or Bad announcement?
I am thinking why raise fund to pay overdue amount can be good?.. only more dilution.
I am thinking why raise fund to pay overdue amount can be good?.. only more dilution.
Extension of AGM date, most likely something is brewing.
ComeHuat ( Date: 14-Jun-2021 08:44) Posted:
|