KLSE: WCEHB (3565)       WCE HOLDINGS BHD MAIN : Construction
Last Price Today's Change   Day's Range   Trading Volume
1.17   -0.02 (1.68%)  1.15 - 1.17  33,500
Analyze this stock with MQ Trader system


Market Cap: 1,173 Million
NOSH: 1,003 Million
Avg Volume (4 weeks):215,360
4 Weeks Range:1.15 - 1.27
4 Weeks Price Volatility (%):
52 Weeks Range:0.895 - 1.68
52 Weeks Price Volatility (%):
Average Price Target: 1.16
Price Target Upside/Downside: -0.01

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2017[#2]  |  22-Nov-2017
Next QR | Est. Ann. Date: 31-Dec-2017  |  20-Feb-2018
T4Q P/E | EY: 35.08  |  2.85%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.6711  |  1.74
T4Q NP Margin | ROE: 3.90%  |  4.97%


Date Subject
31-Jul-2017 WCE's new equity raising - felicity
24-Jul-2017 Daily Market Update - 24 Jul 2017 (KSL, WCEHB)
24-Jul-2017 M+ Online Technical Focus - 24 Jul 2017
09-Jun-2017 Traders' Corner - WCE Holdings (WCE MK)
27-May-2017 (WCE Holdings) Should Be In Our 2018 Portfolio
20-Apr-2017 DO NOT SELL WCE, Airasia and Ekovest - felicity
16-Apr-2017 WCE控股具有潜力
12-Apr-2017 Daily technical highlights - (PWORTH, WCEHB)
21-Feb-2017 Mplus Market Pulse - 21 Feb 2017
12-Feb-2017 WCE: Raising funds at the right price - felicity
05-Feb-2017 WCE控股估值料三级跳/万年船
12-Jan-2017 Daily Market Update - 12 Jan 2017 (BHS, WCEHB)
10-Jan-2017 冷眼心水股: 西海岸大道公司
09-Jan-2017 [转贴] 冷眼推荐股(二十九):WCEHB - 阿Boon
14-Dec-2016 How should one trade 2017 - felicity

Business Background

WCE Holdings Berhad, an investment holding company, engages in the construction, management, and tolling of highway operation primarily in Malaysia. The company operates through Manufacturing, Toll Concession, Construction, and Others segments. It manufactures and trades in industrial products; and manufactures and distributes resinated felt.

The company is also involved in designing, constructing, and developing the West Coast Expressway Project, as well as managing its toll operations; and the construction contracting activities. In addition, it provides leasing and management services.

The company was formerly known as Kumpulan Europlus Berhad and changed its name to WCE Holdings Berhad in September 2016. WCE Holdings Berhad was incorporated in 2000 and is based in Shah Alam, Malaysia.
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  5 people like this.
LearnFromMistake The price is over value as the highway still under land negotiate process as my uncle land at Trong was compensate undervalue, so my uncle sue the company for more compensation ... And he win, the company not dare take his land and have to pass besides his land.. So as I assume the company ll keep burn cash for the next 5 years... Value only worth around rm1 at the moment.. The construction only around 28% ... Think before you buy with ur hard earn bloody money... Another ekovest like company, small fish might eaten buy big shark.. :D just some sharing for Ikan bilis ... Good luck
16/07/2017 13:28
LearnFromMistake Just keep in mind, solid asset ll some day burn off... If they keep burn the cash without good income... Start drop is a sign that big shark start to selling off... And most ppl keeping it with fate... Ask urself, who ll sell if all Ikan bilis have fate in it... Only the board ppl with anonymous account will sell slowly not to scare u off...
16/07/2017 13:33
LearnFromMistake Who ll gain ? Only the insiders with salaries earn the most ;)
16/07/2017 13:34
ks5S those sold have to really learn from mistake.
It is moving uptrend now.
17/07/2017 11:47
Hwai Hooi i still hold high price..
17/07/2017 11:51
ks5S Your high will become the next low.
Don't worry. Their asset is solid strong.
17/07/2017 12:55
HENGYUAN sexy babe @ RM21 yeah. worth RM5bil. must buy now! 2018 huge profits and cashflow!
17/07/2017 14:16
ks5S this time will re-test 1.70 again.
17/07/2017 14:59
ks5S my remisier told me this stock can make u a millionaire.
but you must buy and keep. No contra.
17/07/2017 15:01
shareinvestor88 Burning cash. Better sell
18/07/2017 23:43
19/07/2017 00:22
LearnFromMistake not worth for now, land acquisition still under process , the road pass by a chicken egg factory, will burn a lot of cash compensate over there... wait low only buy..
24/07/2017 11:47
Chin Fung Wei Hello the acquisition is borne by government - do read the details
24/07/2017 20:33
LearnFromMistake Although gov settle, PE too high, this is construction sector, not tech sectors, if this is myeg or Inari , the PE still can be considered..blind also can see it over value and it now moving down trend
29/07/2017 20:41
chongyo WCE is generating profit even though the highway is under construction. The 40% ownership in the 1,800 acres Rimbayu at the booming area is really worth a lot of money. Rimbayu develop by IJM who is the other 60% owner is selling well and meanwhile contributing to WCE's bottomline and will continue to contribute significantly in the next 10-15 years.
Revenue from the highway will kick in late 2018 when a portion of it open to traffic and revenue will continue to grow when all section open and traffic grow.
WCE has very strong owners and management too - IJM (26%), MWE(27%), Pang of Mamee(9) .
PE may be high. Don't forget it is very normal for high growth stock.
30/07/2017 13:50
suregain Next year rm3
30/07/2017 15:07
suregain sth wrong... seems like droping liao
02/08/2017 16:31
LearnFromMistake already told u over value, adjustment is a matter of time...
05/08/2017 12:43
chongyo LearnFromMistake, What you thing is the fair price ? how you derive your fair price ?

Pls share so that we all can learn from you.
05/08/2017 13:08
LearnFromMistake Rm1.25 should be fair enough, if u don't trust, let see the price 3 month from now..
05/08/2017 14:44
chongyo Due to poor market sentiment, RM1.25 may reach. But I doubt there are many sellers at this price. So hard to get sizable holding if you believe in this counter. 60% of the share already in the hands of IJM+MWE+Pang(of Mamee). Many other longer term investors hold most of the remaining 40%.

Don't forget MWE and Pang of Mamee pay about RM1.35 per share to acquire their stakes few years ago when the company was is much less favourable state. Now the company is very solid with expressway on schedule, regular return from Rimbayu and WCE construction's revenue.
The company still make profit qtr by qtr despite the expressway is still under construction.

As your fair value of RM1.25 is just about 10% away from prevailing price, I don't have to wait.
06/08/2017 08:47
Collin Soo Buy and keep for your retirement fund
07/08/2017 17:58
LearnFromMistake if u want to buy and keep for retirement fund, better buy maybank.. high dividen and the most solid stock with 1000b capital... dont waste money in wrong direction... later when old ll regret, at that time u ll cry at night and have a sleepless night
08/08/2017 00:17
LearnFromMistake chongyo, 10% is just away from prevailing price? dont want to wait? OMG, u r rich then is ok, dont drug newbie to buy this stock, they not rich like u... if 10% not many... until now u cant event make 10% from this counter... as i say, if u buy now, it ll continue bear till the fair price i suggest rm1.25 or maybe lower when market bad... just wait and see... see who learn from mistake... ;D
08/08/2017 00:20
newbie92 LearnFromMistake
Rm1.25 should be fair enough, if u don't trust, let see the price 3 month from now..
05/08/2017 14:44

Invest for 3 month time frame? Laugh die me.
09/08/2017 13:15
chongyo LearnFromMistake, How do you arrive at fair price of $1.25 ? Pls share your calculation.

None of the self proclaimed "experts" can actually get it right all the time. Don't waste time to fish the bottom because the bottom is not known to anybody.

Stock market pricing is so dynamic and depend on whole lots of factors, both domestic and international and sometime beyond fundamental. You will agree if you are long enough in the market.

Just buy when you feel it is right.

When people sold down WCE to below $0.90, I continued picking up considerable volume between %0.84 to $0.90. At that point of time, some "expert" predicted that it would go down to $0.70 as the future of the company was in doubt. Should I have listened to the "expert's" advise to wait for $0.70, I would hate myself. Fortunately, I trusted myself.

The company is in much more solid footing now. There is continuous flow of earning from Rimbayu and expressway construction while waiting for the toll revenue to kick in 1 to 1.5 years from now.

I learnt from mistake NOT TRYING TO MAKE THE LAST DOLLAR from the market. Have you Learn From Mistake ?

No hard feeling. May be there is really something you know that I don't.
09/08/2017 19:57
LearnFromMistake As I already told
18/08/2017 17:30
77huat77 Learn from mistake is a jerk la don't border him la, from start say Ekovest is a useless stock until now say he got insider news indicates coming result very good
20/08/2017 11:09
KLCI King PE ratio = 38.5 times but latest results not justified to the high price, another Jaks, unless holders hold on with the belief that profit will come soon rather than later, but how long need to wait?
23/08/2017 23:11
4444 QOQ profit drop 28%? Why 1.34? Cornered stock?

23-Aug-2017 Quarter Result Quarter Result on 30-Jun-2017[#1] QoQ - -28.42% YoY - 2.09%.
23/08/2017 23:13
abang_misai Right issues coming. Better siam.
23/08/2017 23:22
4444 Siam means sell? Sorry not so expert on unknown word.
23/08/2017 23:24
ks5S coming. Never learn from mistake . This is a good fundamental stock.
24/08/2017 11:27
popo92 Added little more first
28/08/2017 16:49
HENGYUAN sexy babe @ RM21 wait for down more....thinking 1.25 only add
28/08/2017 16:51
Collin Soo Who attend AGM today? Please share the info.
28/08/2017 16:54
abang_misai Wait for right issue announcement @0.80.
28/08/2017 18:51
77huat77 what the fuck why drop so much
28/08/2017 21:14
LearnFromMistake Haha, huat77, no need so shock as I told u before, I have FA on that, I'm not simply tokok ok? There is for sure some smart ppl take my advice.. Congrats for those who smart enough
31/08/2017 16:58
Collin Soo i hope today will be the true rebound.
11/09/2017 18:24
LearnFromMistake no one want to stab me? 77huat77 not dare commend?
14/09/2017 17:33
77huat77 Post removed. Why?
14/09/2017 18:07
LearnFromMistake Haha, ok la... Don't want make u sad adi la. U adi lost more than 10% ... Talk more later u feel sad... Ok I ll leave u behind... Bye
14/09/2017 18:28
77huat77 Post removed. Why?
14/09/2017 19:14
vcheekeong Bot 1.64 months ago - now just park and wait
20/09/2017 18:47
TST1234 In 2017 Annual Report - Management discussion and analysis, there is a statement regarding the dividend policy appeared for the first time in the AR as below :-

"The Board will have a dividend policy nearer the completion of WCE Project when future operating cash flows can be more clearly determined."

Hopefully, with the high projected traffic volume, this company will become blue chip company soon. With the clearer dividend policy with the commencement of WCE project operations by stages up to Aug'2019 fully completed, I believe nearer to completion of WCE project, the share price of WCE will be gradually increased as well.
02/10/2017 18:11
shareinvestor88 Sell sell losing money.
15/10/2017 15:14
shareinvestor88 WCE losing money better sell
18/10/2017 21:47
LearnFromMistake congratulation to whom take my advice...77huat77 adi clear his stock and hiding in his on ass hole... i adi told it ll go below 1.25 few month ago... only who want sell ll ask ppl buy...
20/10/2017 12:44
tiptop168 Drop.. Drop.. Drop
21/11/2017 13:52


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