Posted by SUPERMONEY > Jan 7, 2021 9:47 AM | Report Abuse

broken the 40 level. dont see any support. pressing to lower level ?

Posted by SUPERMONEY > Jan 7, 2021 9:52 AM | Report Abuse

Sign of 38 looks as support

Posted by LimitUp > Jan 7, 2021 9:58 AM | Report Abuse

Dropping since few days due to political news

Posted by SUPERMONEY > Jan 7, 2021 12:27 PM | Report Abuse

KLCI index reverse. buy at low

Posted by JL9999 > Jan 7, 2021 4:55 PM | Report Abuse

No hope already TT

Posted by Choivo Capital > Jan 8, 2021 11:14 AM | Report Abuse

https://klse.i3investor.com/blogs/PilosopoCapital/2021-01-08-story-h1539231431-_CHOIVO_CAPITAL_WCE_3565_A_2021_Update.jsp

Posted by investor223 > Jan 8, 2021 12:05 PM | Report Abuse

Time to collect more?? Buy low sell high

Posted by SUPERMONEY > Jan 8, 2021 7:05 PM | Report Abuse

fund flow out and jump into glove section.

Posted by paperplane > Jan 13, 2021 2:14 PM | Report Abuse

no travelling, where got toll revenue leh. relax, dont rush mah.

Posted by Rational_Investor > Jan 13, 2021 10:40 PM | Report Abuse

No travelling for how long? You don't value a stock like that. But sentiments definitely work like that. So just take advantage of any drop due to negative sentiments.

Posted by steady31 > Feb 9, 2021 1:42 PM | Report Abuse

Choivo, don't you agree that the company should concentrate on completing section 11 first so that commercial and other traffic from Penang can get into the highway breathing life into the s10,9, 8 which are already completed and can collect toll.From there they can use the existing FR5 all the way to Ports Klang and Wesport.As it is ,s11 is the bottleneck

Posted by steady31 > Feb 9, 2021 1:52 PM | Report Abuse

I have used the highway and it is smooth all the way until the stretch from Beruas to Changkat Jering by the old federal road which is narrow and winding.So if this stretch which is covered by section 11 could be completed earlier, most of the traffic can already use WCE from and to the north.That would mean higher toll collection while waiting for the whole highway to be completed

Posted by albertyek > Feb 11, 2021 11:29 AM | Report Abuse

@steady31 WCE Section 11 land contour is quite hilly and this poses a greater challenge for the effort of levelling the landscape...if all is well then 2022 should be the year of completion...better late than never

Posted by happycool > Feb 18, 2021 9:42 AM | Report Abuse

wake up from sleep ady

Posted by albertyek > Feb 18, 2021 10:01 AM | Report Abuse

hahahaha I KNEW IT

Posted by albertyek > Feb 18, 2021 5:22 PM | Report Abuse

yippikahyayyy RM0.40 closing price..really HUAT AHH

Posted by Kengor > Feb 18, 2021 8:03 PM | Report Abuse

lets continue the rally tomorrow

Posted by Johnzhang > Feb 22, 2021 5:58 PM | Report Abuse

Very strong closing. More legs to run.

Posted by steady31 > Feb 22, 2021 10:20 PM | Report Abuse

Why do the two largest shareholders decided to convert their PA shares to ordinary shares just days apart if they did not expect some corporate activity coming up which are positive for the share price? Could it be the the highway trust proposal that may take over the highway for a sum that is a substantial premium over existing traded price

Posted by Johnzhang > Feb 23, 2021 9:40 AM | Report Abuse

May be a privatization exercise on the card .

Posted by Johnzhang > Feb 23, 2021 9:43 AM | Report Abuse

I think the cost of the 2 major shareholders namely mWE and United frontier is about $0.80-0.90 after considering the RI dilution and some holding cost .

Posted by Johnzhang > Feb 23, 2021 10:00 AM | Report Abuse

Hope Choivo capital can comment on its results for qtr ending 31/12/20 which has just been released.

Posted by Flying Fox > Feb 23, 2021 10:09 AM | Report Abuse

Still red, lousy company

Posted by steady31 > Feb 23, 2021 10:11 AM | Report Abuse

John, you hit the nail on the spot.The share price is moving up to justify the proposed takover price which may be in the region of 0.70s-0.80s

Posted by Johnzhang > Feb 23, 2021 11:10 AM | Report Abuse

Flying Fox, you must understand the nature of its business first. The losses are from recognizing the interest as expense and amortization of the completed section of the highway. WCE highway will soon be completed and once toll collection for the whole stretch kicks in , the company’s outlook greatly changed. 50+10 years of toll collection from one of the major highways is no small matter.

Posted by Edge > Feb 23, 2021 6:15 PM | Report Abuse

Need to see operational cash flow and ebita as well

Posted by Johnzhang > Feb 28, 2021 12:00 PM | Report Abuse

I guess you have to pay much higher price once the toll turn profitable. It's a question to buy it very cheap now or to pay much higher price when profit is visible. The choice is yours . Don't forget WCE also own 40% of the 1,800 acres Rimbayu development managed by IJM. It's a valuable?assets at very low cost in the book. It also provide steady income over long period of tines .