TA wise, 60 sen is super hard since the last dip low was around 63 sen

WCE touched 71 sen, how? Below 70 still not possible? lol

No more <70? lol

James_bond still spewing rubbish
Ignore this poor soul

But I also kena lah, didn't hit my big buy-in TP of 62-63 sen
I still chewed some at 63.5/64/65 sen though, plus some WF and CC

I came here to see if anybody regret didn't buy WCE lol

Tomorrow go up the hills to check how is the crowd

Below 60 I will hentam kuat kuat already.
Luckily still buying recently, today already touch 68

Every week I have transaction on WCE or WF or CC

Nothing happen just lay low, price go down is giving you chance to collect
Nobody talk is best time to buy

Later go up, then only complain aiyah why didn't pick up at 65 sen

So fast August progress updated
A +5 for all sections with changes combined

It is from end 2024 to March 2025, only delay 1 quarter

Cost of highway not the most important, unless the highway is being sold.

More importantly is how much revenue it can bring

Remember 1+1 is not equal 2 when 1 additional adjacent stretch is being completed

The only consolation now, is that full project completion still stands at end 2024
In fact, better we just shift the goal post ourselves to assume it would be end of financial year end, just to be safe

WCE shifting goal post for another quarter is bad already
You can imagine yourself how screwed up their project team is, and maybe even they just simply agak agak the completion %. Either that, or the management simply cough up the numbers without going through project team.
They already mentioned few months ago that all road blocks already cleared.

Furthermore, how sure are you they cannot just simply shift the goal post again 3 months down the road??

I also don't see any official notice or apology that they need to shift the goal post

https://theedgemalaysia.com/node/679891

WCE Holdings is targeting to complete another four sections by March 31, 2024. These are Section 1 (Banting - South Klang Valley Expressway or SKVE); Section 2 (SKVE - Shah Alam Expressway or Kesas); Section 6 (Bandar Bukit Raja Utara - Assam Jawa) and Section 11 (Beruas - Taiping South)

Goal post shift again by 3 months, hopefully no more shift

Actually there is one bad news that I caught today, not something I didn't expect, but probably some people may cry over. Let me dig it up

I will buy on any dip
The more it dips, the more I buy
Just remember don't fight the trend, if others want to sell badly, we buy slowly

We nicely advice, but just read speakup comments in other forums la, he is not a noob
Obviously already sold

Wait, maybe u sudah pun jual??? lol

Yes speakup, memang takuuuuut
Besok pagi pagi cepat cepat lari okay!?

But sorry I akan beli dari u lah, TQ

What nonsense, loss is expected
Except for last quarter's gain on disposal, WCE has been loss making every quarter since mid of year 2019

QR is out!
QtoQ, improved GP minus gain on disposal

Not going to benefit the share price one bit la, 20m is small amount for state development
Sentiment rules for now until end of year

Mari mari, last week matched some at 67.5

I love ugly, can buy more mah

I do see share consolidation as plausible, to steer away from the traders, reduce volatility, and bring with it elevated perceived value.

WCE case is quite different

I only see share consolidation as the likely outcome, if indeed a capital reduction exercise is true

Capital reduction, in the context of the stock market, refers to the process by which a company reduces its total share capital. This can be achieved through various methods, and the primary goal is often to reorganize the company's financial structure, improve its balance sheet, or return capital to shareholders.

There are a few different ways capital reduction can occur:

Share Buyback: A company may buy back its own shares from the market, effectively reducing the number of outstanding shares. This can lead to an increase in the ownership percentage of existing shareholders and potentially boost the value of remaining shares.

Cancellation of Shares: A company may decide to cancel some of its shares, leading to a reduction in the overall share count. This could be done to simplify the company's structure or improve financial ratios.

Return of Capital: A company might return excess capital to shareholders by distributing cash or assets, which can lead to a reduction in share capital.

Consolidation or Reverse Stock Split: In some cases, a company might consolidate its shares by combining multiple shares into one, effectively reducing the total number of shares outstanding. This is also known as a reverse stock split.

It's important to note that capital reduction does not necessarily indicate a negative outlook for the company. It can be a strategic move to optimize capital structure, enhance shareholder value, or streamline operations.

However, investors should always carefully assess the reasons behind a capital reduction and its potential impact on their investment before making any decisions.

Alamak, capital reduction not necessarily bad for fundamental investors lah, could even be positive

Taurx will only get a portion of it valued when it gets to start selling the drug

Patience is key
It will definitely move up before mid October

So if next QR is loss making, speakup would sell??? lol

When we say don't believe, it would mean we don't see or don't know of any special event taking place
If you know of any special circumstance WCE could make similar or even better profit and share with us, only then we can have the imagination to see this outcome

Otherwise if it is just BAU business as usual, we don't see that happening

Well, you can believe in fortune for all you want
I'll take data and fundamental analysis any day

Results won't be good la, realistically. Nobody expecting it to make money for a while.
To say otherwise, is saying the management lied in their quarterly report.

I think the schedule may only take 1 or 2 extra months, probably still acceptable, its Malaysia.

You can't totally say the earnings is not important at all, you can only say controlled losses is acceptable
If the loss for 1 quarter goes to 200m, price will still take a hit

If can breakeven already can thank god

Har?? Like that die loh

This is bursa, sell on good news mah

Q to Q result is slightly better margin but flattish revenue
Next phase on growth will lean on chinese tourists

Best monthly progress recorded thus far, chugging along nicely

Updated for July

https://wce.com.my/project-updates/

Today can easily get 69 sen, not small volume at 68.5
I'm queuing lower still

Queuing 68.5

Today 69.5 got volume, I just don't understand why some ppl like to slap their own face

Never say never, 695 is back
How many times slapped still make the same mistake??
As they say, fool me once shame on you, fool me twice ....