The word "Penekiko" is spelled with a /p/ sound followed by a /ɛ/ sound, represented by the letter 'e'. The second syllable contains a /n/ sound followed by a /e/ sound again. The third syllable starts with a /k/ sound and ends with an /i/ sound, represented by the letter 'o'. The final syllable also contains a /k/ sound and a /o/ sound. The overall pronunciation of "Penekiko" is /pɛnɛkiko/.