I11.SI down 50.00% to S$0.001 on 16 Jan 2026: what investors should watch
Renaissance United Limited (I11.SI) closed the Singapore Exchange (SES) session on 16 Jan 2026 down 50.00%, finishing at S$0.001. The sharp fall makes I11.SI stock one of the top losers on the SES today and follows a low-volume trade of 207700 shares. We review why the price moved, what the balance sheet and trading metrics show, and what catalysts or risks could matter next for investors in Singapore (SGD).
I11.SI stock: price action and market context
Renaissance United (I11.SI) moved from the previous close of S$0.002 to S$0.001, a -50.00% one-day change. The stock traded 207700 shares versus an average daily volume of 1,747,532, giving a relative volume of 0.33. The low trade volume suggests limited liquidity and higher slippage for larger orders.
The move occurred in a market-close session on 16 Jan 2026 on the SES. Sector peers in Utilities showed muted performance today, and broader Singapore market flows were mixed. We view the drop as price discovery on very thin volume rather than a broad sector shock.
I11.SI stock: fundamentals and valuation
Renaissance United’s trailing EPS is -0.16 with a negative P/E of -0.59 and a book value per share of 0.003420431. Price-to-book is 0.38 and price-to-sales is 0.08, signaling the market prices assets well below book value.
Liquidity on the balance sheet is small: cash per share is 0.001671143, current ratio 0.51, and working capital is negative -21,609,000.00. These ratios point to short-term strain and a need to monitor receivables and payables closely.
I11.SI stock: technicals and trading signals
Key technicals show RSI 47.31, ADX 48.73 (strong trend), and ROC -50.00%, reflecting the sharp price move. Average price over 50 days is 0.00124 and 200 days 0.00114, both above today’s S$0.001 price.
On liquidity, shares outstanding are 6,180,799,986.00 and market cap is 6,180,800.00 SGD. Thin trading and a low market cap increase volatility and execution risk for retail and institutional buyers.
I11.SI stock: Meyka AI grade and analyst context
Meyka AI rates I11.SI with a score of 65.52 out of 100 — Grade B, Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
External analyst data dated 15 Jan 2026 shows a company rating of B- with a recommendation to Sell and mixed metric signals (DCF strong, ROE weak). These split signals explain the conservative Meyka grade and call for careful position sizing.
I11.SI stock: risks, catalysts and sector view
Primary risks are limited liquidity, negative EPS, weak current ratio, and substantial intangible assets (intangibles/total assets 0.57). The Utilities / Regulated Gas sector in Singapore generally shows stronger margins and higher PB than I11.SI, increasing relative risk.
Possible catalysts include asset sales, contract wins in gas distribution or infrastructure, and any corporate action that improves working capital. With sector peers trading at higher multiples, any operational recovery could re-rate the stock, but timing is uncertain.
I11.SI stock: valuation outlook and price targets
Formal consensus price targets are unavailable. Using simple multiples, a recovery toward book value (0.00342) implies an upside from S$0.001 of roughly +242.00% if fundamentals improved. That is a theoretical scenario requiring profit recovery and balance sheet repair.
Conversely, the lack of earnings and negative cash metrics make downside likely if liquidity deteriorates. Short-term traders should watch volume and any management update before increasing exposure.
Final Thoughts
I11.SI stock closed sharply lower at S$0.001 on 16 Jan 2026, down 50.00% on low volume. The move highlights liquidity risk and the stock’s fragile fundamentals: negative EPS (-0.16), current ratio 0.51, and working capital shortfall -21,609,000.00. Meyka AI’s forecast model projects a yearly price around S$0.00063, implying an -37.02% downside from today’s price of S$0.001. Meyka AI’s forecast model projects outcomes based on historical financials and sector signals but forecasts are model-based projections and not guarantees. Our view: monitor corporate disclosures, volume spikes, and cash-flow improvements before adding exposure. For long-term investors, a fundamental recovery or credible turnaround plan would be required to justify a re-rating toward book value. We recommend caution, tight risk controls, and small position sizes given current volatility and limited liquidity. Meyka AI is an AI-powered market analysis platform and this analysis is informational, not investment advice.
FAQs
What drove the I11.SI stock drop today?
I11.SI stock fell on 16 Jan 2026 amid thin trading, low liquidity (volume 207700) and weak fundamentals. No single public catalyst was reported; the move looks like price discovery on limited orders rather than broad sector news.
What is Meyka AI’s view and grade for I11.SI stock?
Meyka AI rates I11.SI with a score of 65.52/100, Grade B, Suggestion HOLD. The grade blends benchmark and sector comparisons, financial metrics, forecasts and analyst signals.
Does I11.SI stock have a price target or forecast?
There is no sell-side consensus price target. Meyka AI’s forecast model projects S$0.00063 for the year, implying roughly -37.02% from the current S$0.001. Forecasts are model-based and not guarantees.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
