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Renaissance United    Last:0.001   -

Neglected, Illiquid, Undervalue, Recovery counter

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Laggard
    29-Jun-2021 09:55  
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Cheap can get cheaper.....Never underestimate this counter.
Look at how long it been sleeping at this range, occasionally push to 4 and then press all the way to 2 and continue sleeping.
You needs a lot of patient... only worth it if you think have future (?) and plan to hold and wait.
I am in long time ago, no choice.
Hope one day up there can be kind to me to get out at my cost...... That is for me. Not worth it at all.   
 
 
 
ComeHuat
    28-Jun-2021 22:02  
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Good time to pick up some.
 
 
Laggard
    28-Jun-2021 09:06  
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Opening the week down, back to square one at 2....
 

 
Isolator
    15-Jun-2021 13:09  
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Long to enjoy...
 
 
ComeHuat
    14-Jun-2021 08:44  
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As mentioned in this announcement.

https://links.sgx.com/FileOpen/RUL20210430%20HZLH.ashx?App=Announcement& FileID=664585


The Board of Directors (the &ldquo Board&rdquo ) of Renaissance United Limited (&ldquo RUL&rdquo or the &ldquo Company&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ) wishes to update shareholders of the Company (&ldquo Shareholders&rdquo ) that its indirect subsidiary, Hubei Zonglianhuan Energy Investment Management Inc (&ldquo HZLH&rdquo ) has reached an out-of-court settlement with its contractor, Wuhan Yuyun Municipal Engineering Co., Ltd. (&ldquo WYMECL&rdquo ) (武 汉 市 禹 韵 市 政 工 程 有 限 公 司 ). On 30 November 2020, the Company announced that that HZLH received a court order to pay a monetary judgment for an amount of RMB40,387,273 (S$8,267,275) to WYMECL. The amount represented trade payables claimed by WYMECL. The principal terms of the settlement which were approved by the Court are that HZLH is to pay the sum of RMB 28,110,319 (approx. S$5,754,182) over an approximate 40-month period. At the Company&rsquo s level, the Board is assessing alternative avenues to re-finance HZLH&rsquo s trade payables including a possible fund raising. The Board will announce its plans to shareholders as and when they have been finalized. By Order Of The Board James Moffatt Blythman Executive Director and Chief Financial Officer 30 April 2021
 
 
Laggard
    13-Jun-2021 14:37  
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Is there one coming soon?
They announced they need to made a overdue payment in China Gas operation. Better still placement at good price and not further dilute current SH. It is be Best their China key staffs cannot raise fund and need to dilute their shareholding. IPCO got screw by them last time due previous incompetence management. Share of China operation dropped to 65% ? from??. Got screw big time, hope this time can it back.
 

 
ComeHuat
    12-Jun-2021 22:17  
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Once the news of fund raising come in, 0004 will easily clear

ComeHuat      ( Date: 02-Jun-2021 20:53) Posted:

Maybe placement or issue right...

 
 
Isolator
    11-Jun-2021 15:27  
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Long to enjoy....
 
 
bishalnb
    11-Jun-2021 11:56  
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someone need to break down 0.004 ..  yes
 
 
ComeHuat
    10-Jun-2021 19:51  
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Waiting for Svol to clear.
 

 
Isolator
    10-Jun-2021 14:21  
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Long now to enjoy...
 
 
ComeHuat
    09-Jun-2021 19:11  
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BVol getting thicker.
 
 
Isolator
    09-Jun-2021 14:10  
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Long to enjoy...
 
 
bishalnb
    09-Jun-2021 11:47  
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looking good ..  laugh
 
 
Isolator
    03-Jun-2021 12:53  
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Long to enjoy...
 

 
ComeHuat
    02-Jun-2021 20:53  
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Maybe placement or issue right...
 
 
Laggard
    02-Jun-2021 17:59  
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The Q at 3 is by Mil so you are queueing and long like Mr Iso is shouting.

Sibehboeng      ( Date: 02-Jun-2021 17:40) Posted:

Scooped some at 3 to keep...

kvyang      ( Date: 02-Jun-2021 14:41) Posted:

High volume today. Something brewing ?


 
 
Sibehboeng
    02-Jun-2021 17:40  
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Scooped some at 3 to keep...

kvyang      ( Date: 02-Jun-2021 14:41) Posted:

High volume today. Something brewing ?

 
 
Isolator
    02-Jun-2021 15:35  
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Long to enjoy...
 
 
kvyang
    02-Jun-2021 14:41  
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High volume today. Something brewing ?
 
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