2nd batch sold🤗

Who said not one sell below 0.70?

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Ahh I don't have any share now. Can teach me how to do short selling ah?

It has to complete soon or later but the question is the cash shortage who going to pay for it. The current toll collection is just peanuts compare to the interest payment.

Where is the gostan sifu? Gostan pergi mana? Masuk longkang?

Entire Selangor area only Bukit Raja section is opened. Most developed state in Malaysia. This is after one decade of highway construction. 1st blame the main contractor then blame the change of interchange then blame the Covid then blame the land acquisition. Next can blame what?

What if not able to complete by 2025? Ask government bailout?

Not sure the cash land sold to IJM could last until 2025? 🤷 Maybe need more cash to survive. Cash is the most critical for the new CEO using my name to think about it.

Just to show that offsetting discount rate with growth rate is illogical in present value calculation.

JohnZhang don't forget the outstanding 501 million warrants which is in value now in your calculation. This going to dilute the share price estimate.

The is the perpetuity DCF formula. Just to show your infinity 5% growth rate is not realistic.

You also not understand what is discounted rate in present value calculation. You use simple mathematics.

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You believe that CEO also called Felix `s sweet talk ah?

Land acquisition cost has gone up to 2.2B compared to estimation 1.0B one decade ago. This amount could be increasing.

How many times IJM would offer help ?

I also added lots in June. The price drop was more than the maximum possible damage the incident could cause.

I still have some concerns on this incident impact to the bareboat charter rate of Armada Kraken. The Armada management is still silent on the financial impact.

Long term still a good investment but with a lot of uncertainty.

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Calculation of PRESENT VALUE should use Discounted Cash Flow valuation method.

Biggest risk still will this broken highway jointed together on time in 2024. Will the company able to survive till then or maybe another round of rights issue is required.

Old Pang, I was travelling to Kuala Selangor this morning via WCE bukit raja route.

O K U = Otak Kurang Upaya. 脑残

Next quarter without the one time land disposal gain, expected result in red again.

WCE 233km = rm9. 6B = rm3. 20 per share

As on 7Jul23,WCE at 67.5c vs potential privatisation value of rm3. 20 if our PH goverment WISH to do so after completion 1.5 years later..

Who did this calculation? No need to consider the debts of RM 6.2 billion ah?

Minus the debts left RM 3.4b or RM 1.12 per share. Privatization maybe offer you lower price

He tikam 77 stocks, 1/3 survived maybe enough to cover the lost. Continue his tikam again the next round.

Aiyoh land acquisition in Malaysia not easy to settle. Must go in deep inside the land owner`s Yi Ma Ku Jie story. If easy to settle won't be drag for a decade to build a broken highway ma.

Wow omg 77 stocks. Crazy. He main tikam.

Aiyoh don't just dream about RM 3.50 have to consider what is the underlying risk ma.

💪💪💪

Either you are 大英雄 or 大相公。

Posted by Cockcroach > 6 minutes ago | Report Abuse

Bought at 0.04c. Just a matter of time

Aiyoh settle 100% construction from Banting to Taiping can consider for long term investment. Now the risk still high, any delay the toll collection is not enough to cover the expenses and interest.

Since future earning is so good, just pay the land owner`s 3 generations. Happy ending win win solution.

I just give thus going to chasing high something to think about. You just keep your shares.

Have to pray hard the highway able to complete in time. The total debts 4.1 billion is something need to worry about.

Mabel memang no Bird ma, but you OKU no brain. Hahahaha

UEM took how many decades to breakeven the PLUS highway?

Settle 2 things first:

1. WCE highway 100% completion.
2. Political relationship.

Share more story. Please

Ya Armada was on uptrend until the global oil price crashed due to Covid.

Did Mabel made money from TG?

Old man must be suffered huge lost recently. He is hiding now.

Got big Money can resolve it. Compensation for 3 generations should able to resolve this.

Land acquisition issue not easy to resolve. Especially Malay reserved land. Big headache for WCE. Dragging for years already. Highway already collecting toll but not 100% ready. 😅

If Klang valley people can't use the highway until Ipoh or Taiping what is the point building this highway? That's why the highway is empty now. The toll collection not enough to pay for bank interest. A lot SME subcontractors already bankrupt because of miss management of this highway construction

If tak payah potong ku Ku I guess we have a lot muhibbah families in Malaysia

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This is another example

https://focusmalaysia.my/malaysia-is-losing-big-with-taylor-swifts-concert-in-singapore/?fbclid=IwAR32CJhASbM9fZxPQIlnFLpi_Pm2ZQSxAnLBcleOuP3KvnoOdbxTGjewGUY

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The kampung baru land acquisition from Mahathir time talking about Wawasan 2020 in 90s` until now year 2023 still not yet settle the land acquisition.

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