Highlights
KLSE: WCEHB (3565)       WCE HOLDINGS BHD MAIN : Construction
Last Price Today's Change   Day's Range   Trading Volume
0.375   -0.01 (2.60%)  0.37 - 0.39  7,235,200
Analyze this stock with MQ Trader system

Overview

Market Cap: 376 Million
NOSH: 1,003 Million
Avg Volume (4 weeks):9,114,715
4 Weeks Range:0.295 - 0.45
4 Weeks Price Volatility (%):
51.61%
52 Weeks Range:0.295 - 0.695
52 Weeks Price Volatility (%):
20.00%
Average Price Target: 1.16
Price Target Upside/Downside: +0.785
Stamp duty exempted for year 2019

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2019 [#2]  |  19-Nov-2019
Next QR | Est. Ann. Date: 31-Dec-2019  |  19-Feb-2020
T4Q P/E | EY: 35.17  |  2.84%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.6991  |  0.54
T4Q NP Margin | ROE: 0.82%  |  1.53%

Headlines

Date Subject
21-Nov-2019 WCE 2Q19: Commentaries on progress and accounting - felicity
19-Nov-2019 Technical View - WCE Holdings Bhd (WCEHB, 3565)
18-Nov-2019 Technical Buy - WCEHB (3565)
09-Nov-2019 Surin Upatkoon's new holding structure in WCE: Cleaner, better - felicity
06-Nov-2019 Invest WCEHB. Everyone will pay you for their journeys!!
26-Oct-2019 Why the fundamentals for WCE does not change much - felicity
16-Oct-2019 Daily technical highlights – (JAKS, WCEHB)
04-Jun-2019 M+ Online Technical Focus - 3 Jun 2019
03-Jun-2019 Technical Buy: WCEHB (3565)
16-Apr-2019 热门股:WCE控股上挑68仙
05-Apr-2019 Technical Buy: WCEHB (3565)
02-Apr-2019 Daily Technical Highlights – (CIMB, WCEHB)
02-Apr-2019 Daily Technical Highlights – (CIMB, WCEHB)
13-Mar-2019 M+ Online Technical Focus - 13 March 2019
13-Mar-2019 Daily Market Update - 13 Mar 2019 (WCEHB, RANHILL)
20-Feb-2019 Mplus Market Pulse - 20 Feb 2019
23-Nov-2018 Technical Analysis - WCE

Business Background

WCE Holdings Bhd along with its subsidiaries is involved in investment holding. The company has toll concession, construction and others segments. Toll concession segment covers construction, management and tolling of highway operation. Construction segment comprises construction contracting and others segment includes leasing, management services and investment holding. The company mainly operates in Malaysia. Majority of its revenues come from toll concession segment.
Trade this stock and receive a FREE I3investor T-shirt after 5 trades. Find out more.

  6 people like this.
 
lamy92 Today down effect from down jones..
21/11/2019 8:42 PM
uptrending It was obvious that the price is very cheap now.

On the last trading day of the PR, it was ramped up to 5 cent from the low of 1.5 cent with volume of 108.1 million, the highest volume for the 5 days, total transacted volume of PR over the (5 days trading) period was about 300 million. The mother share also surged to 35 cent from 30 cent on the same day.

Obviously some big interests are in it. They wanted the scripts, especially PR which was available in abundance.

Don't forget that there are 4 companies scrambled to buy PLUS the concessions of which has only 19 years to go, to expire in 2038.

WCE has 60 years concession. It is shorter distance from Taiping to Bukit Raja via WCE, 248 km, 83 km of which built by the Government is toll free, ONLY need to pay 165km toll, compare to 272km, full toll, via NSE (PLUS). Not only less toll is incurred, the terrain is also flat on WCE, naturally traffic would be more, especially heavy vehicles. Currently, there are about 100K heavy vehicles plying the NSE daily.

The same big interests are eyeing on the listing of the rights issue, they want the scripts, I reckon.
21/11/2019 9:23 PM
uptrending WCE connects ports to ports, Penang, Lumut, Klang...
21/11/2019 9:29 PM
john1973_lew price down after financial report out...looking forward to rebound soonest
21/11/2019 9:33 PM
AlfI3 If d ctr solid enuf, it shudnt relate to DJ. As it is not an index linked ctr. It is ony a small cap
22/11/2019 12:14 AM
monetary Mon open 0.315?
22/11/2019 7:27 AM
lamy92 Monitor this counter..
22/11/2019 9:59 AM
monetary now RI subscribers squeezing those who don't subscribe to sell cheap.
22/11/2019 10:42 AM
Investor 999 If you were entitled shareholder applying for excess RCPS and you will get 84% of your application.
Cheers !
22/11/2019 11:18 AM
tiptop168 Buy..buy..buy 0.375 very cheap
22/11/2019 11:27 AM
monetary yes. most ppl have to subscribe. too painful to cut loss.
22/11/2019 11:38 AM
hohoho123 only 84%?
22/11/2019 11:39 AM
hohoho123 i thought will get 90 plus
22/11/2019 11:39 AM
newbie911 Look like going back 0.3...
22/11/2019 11:41 AM
uptrending original cost b4 RI.........unit cost after RI
1.24...........................................0.60
1.10...........................................0.55
1.00...........................................0.52
0.8.............................................0.45
0.7.............................................0.42
0.61...........................................0.39
0.595 ........................................0.385
0.58...........................................0.38
0.565.........................................0.375
0.55...........................................0.37
0.535.........................................0.365
0.52.......................................... 0.36
0.505........................................ 0.355
0.49............................................0.35
22/11/2019 11:50 AM
bursatrader123 Meaning? Please enlighten ..
22/11/2019 11:53 AM
monetary my guess is Mon open 30c then spike up v fast. uptrending some ppl oversubscribed.
22/11/2019 11:54 AM
newbie911 Hi uptrending...mind to knw wat ur cost?
22/11/2019 11:55 AM
uptrending Before the RI, people sell cos don't want to fork out more money.

Now RI is over and the major shareholders couldn't get their oversubscription as original entitled shareholders applied for excess..

Be careful.. Know what the current price correspond to the price b4 the rights issue..

After the RI, assume full conversion of rcps, the equity injected by wcehb into wcesb for the construction of WCE expressway would be rm1. 08B, which is about 36 cent per share..

What is the value?
22/11/2019 12:02 PM
uptrending newbie911 Hi uptrending...mind to knw wat ur cost?
22/11/2019 11:55 AM

Comfortably low.
I think I am among the lucky ones..
22/11/2019 12:06 PM
newbie911 U din sell when trading above 0.4?
22/11/2019 12:09 PM
bursatrader123 @uptrending....so its not a good move to sell now at this price?
22/11/2019 12:12 PM
uptrending Different people have different perspectives
22/11/2019 12:15 PM
uptrending Stock: [WCEHB]: WCE HOLDINGS BHD

Nov 1, 2019 9:48 PM | Report Abuse

My 2 cents view

Plus highway highest offer rm38. 338 B

80% revenue from NSE

NSE 772 KM

WCEHB, 80% of wcesb, 193 km

So wcesb should worth
(193/772)*(0.8*RM3.8338)=RM7.667B

Total construction cost is RM6. 69B

80% FINANCING RM5. 352B

EQUITY VALUE WORTH =7.667 - 5.352=2.315B

Wcehb, 80% is worth RM 1.852 B

This has not added the Bandar Rimbayu.

PLUS has 19 years concession left.. WCE has 50 years.. (plus 10 years extension*)

Distance is shorter from Taiping to Bukit Raja via WCE, 248km and 83 km built by the govt is toll free.. flat terrain, ports to ports..165 km is tolled

Whereas via Plus, from Taiping to Bukit Raja is 265 km, full tolled.
22/11/2019 12:18 PM
uptrending Have not taken the value of the balance concessions after 19 years...

There is another 31 years concession plus 10 years extension..

It is mind boggling..
22/11/2019 12:35 PM
bursatrader123 @uptrending..so after having said the above, what is your conclusion? Please share in plain words. :-)
22/11/2019 12:41 PM
monetary Investor 999 If you were entitled shareholder applying for excess RCPS and you will get 84% of your application.
Cheers !
22/11/2019 11:18 AM

U deserve to avg down ur price to the max. U have committed ur $ here for a long time n been through all the trauma.
22/11/2019 12:49 PM
supertrader888 37 is good support !
22/11/2019 1:18 PM
newbie911 Monday more selling...bcz shareholder will sell rcps.
22/11/2019 2:04 PM
monetary Mr newbie. Why have to wait till Mon to sell. Can sell in advance after ex date ma.
22/11/2019 2:13 PM
Investor 999 monetary, so sorry to say that this is my first investment in WCE and i bought 6 mil units of PR at 2 cents and allotted 4.2mil units of additional RCPS out of my excess application.
22/11/2019 2:18 PM
monetary no need to b sorry. u aren't making $ from anyone. u r making $ from stock market. b happy.
22/11/2019 2:23 PM
uptrending Bursatrader123
You make your own conclusion
22/11/2019 2:40 PM
Squirtle Aiyoyo
toll haven complete wan count chicken before hatch ah
See see Mon will waterfall like Kanching Fall
Muahahahaha
22/11/2019 3:02 PM
tiptop168 Buy..buy..buy..good price
22/11/2019 4:35 PM
Kingston1 Water falls soon
22/11/2019 4:36 PM
lamy92 Monday right issue
22/11/2019 4:44 PM
monetary haha. b merciful. most ppl here suffered enough alrdy
22/11/2019 5:26 PM
uptrending Monetary
Don't blame them... They are losers but still hope to buy back cheap...hope their wish come true
22/11/2019 5:37 PM
hohoho123 Uptrending ,do you know when the rcps and warranty will credit to our accounts?
22/11/2019 8:20 PM
uptrending Next Monday Morning Before Trading Start.
22/11/2019 9:40 PM
uptrending Even you will receive your rcps cheap via excess application, don't simply sell cheap cheap.

Tan Sri Surin saw the value in 2013 and was willing to buy a block of 141.4 million shares @rm1.35 from Tan Sri Chan A C at a time when the WCE expressway concession was awarded but the project had yet to start.

Now the project is near 70% completion and toll collection likely to commence for the completed section 8,9,10 in December follow by Section 5 and Section 4 later...
22/11/2019 9:49 PM
newbie911 Mean tan sri chan is smarter...sold at high price Rm1.35,surin is the one got trapped. Tan sri chan can buy cheaper around Rm 0.3.
22/11/2019 10:16 PM
uptrending Tan Sri Surin is many times wealthier.. Who do you think is smarter?
22/11/2019 10:30 PM
monetary So Mon theoretical opening price is 0.31? Those who bought PR @1.5c their cost is 0.295. 5% profit u think they'll sell?
22/11/2019 10:36 PM
uptrending Those who bought the PR @1.5cent, their cost of rcps is 25.5 cent.

However, many are original entitled shareholders. For most, their average costs probably are above the market price now even if they subscribed for excess shares, I think.

I would predict that the selling pressure would be well absorbed and the price would rebound in the late morning or afternoon. It is too cheap.
22/11/2019 10:53 PM
SK1200 i think this monday, this price will be go up..lets see..
22/11/2019 11:01 PM
newbie911 Last time hong leong quek also bought alam maritim over Rm1...alam now 0.1+
Wealthy sure smart and sure win?
22/11/2019 11:06 PM
uptrending Quek is a smart and wealthy businessman who made it to among the top richest in Malaysia.

Don't you agree?

Until the game end, you don't know yet who are the winners and losers. Meanwhile, many died along the way and the winner, you know who took mwe private at cheap price?
22/11/2019 11:17 PM
AlfI3 Probably wce might go private by d offeror to PLUS hiway as he failed to buy over PLUS after so many attempts. Hence, buying WCE cud b another alternatived now
23/11/2019 2:42 AM


 

373  339  521  794 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 ARMADA 0.505-0.01 
 KNM 0.375-0.025 
 EKOVEST 0.83-0.025 
 SAPNRG 0.2850.00 
 KEYASIC 0.065+0.01 
 AT 0.0750.00 
 DAYA 0.01+0.005 
 PERDANA 0.45-0.005 
 PTRANS 0.265+0.02 
 HSI-C7K 0.35+0.025 
Partners & Brokers