https://www.theedgemarkets.com/article/west-coast-expressways-final-construction-contract-granted-wce-holdings-direct-award

Thanks John. It's good that we retail investors "brainstorm" & discuss among ourselves, esp to see what are the possible risks that may cause price to fall. Nothing major it seems. Pls do correct me if I'm wrong.

I thought they did some exercise previously (rights issue or something else?). If so, I think private placement not likely.

Closed at same low as last week. Let's see if this support holds.

Movement this time somewhat similar with that over a week ago. After surge with high vol, price pull back with about half of earlier day vol. Let's if will correct a few more days

@ Albert, thanks. Let's see if there would be any delay

@Albert, when those sections expected to be open?

Maybe wcehb want give chance to those not on board yet, before it fly...

Market not stable, political uncertainly, extended CMCO likely reasons for hesitations. Recent price surge unable to break 50c. There's concern whether it may falls to previous level of mid 30c.

The stock seems to have much potential. Are there any risks or downside we should be aware of?

Need to see operational cash flow and ebita as well

Need qtr results will be crucial

Last qtr EBITA +ve

https://www.malaymail.com/news/malaysia/2020/11/23/govts-takeover-of-highway-concessions-to-be-raised-in-parliament-today/1925129

I attended the main part but largely miss the Q&A session. Did moderator put forward questions on why share price performing poorly and if so, what was the reply from GP? Thanks

Good to know price recovering. Supported by high volume. Wonder what is happening? Good upcoming results? Anyone has any clue?

Yes, price movement not reflective of slew of good news. Let's see upcoming 2 quarters results.

https://www.theedgemarkets.com/article/wce-one-step-closer-securing-construction-works-contract-worth-rm1268m

Good. hopefully spike up again soon!

CMCO and less travelling one factor that contribute to dropping price...

Good to hear such reassuring words, Vincent. Only I am confused as before you call this counter Shit Bahvest, Goreng King, all depends on owner play; not production etc etc. You seem to be more positive now. Also, you didn't reply on why you sold some shares ahead of the target price (while keep on highlighting RM2/2.50 on other end). Only last week some suspect you as being part of syndicate. Sorry I am just confused by your conflicting words and actions.

Vincent, yes, who can forget your magical target price of RM2/2.50 which you said many times...only that didn't happen in May. Anyway I hope happen in June leh. Also I recall seeing your post few months back that you have start selling your shares before it hit the target price. Umm...action don't match words. Well I am sure you will have a reason for everything.

Cybergreen, as always highlighted by someone, price depends on whether owner want to goreng or not, not gold production, profit etc. This counter can suddenly turnaround fast..so good to also prepare ahead. Remember, we are always told t is up to owner to goreng.

Vincent, you bought your first part at 62. What price target to sell? In all fairness, if you recommend others to buy, you should at least provide selling price too.

Vincent, you talk about high gold price n weak ringgit, meaning good for Bahvest. If so, price likely drop to 59.5?

Vincentbravo, you talk about revenue, etc...did you notice the profit comparing with other previous period? Can explain?

Teareader, perhaps you can share the profit margin that is expected or considered good. Hopefully this can further convince those who are skeptical.

So, Vincent, let me understand you correctly, you are saying now that price will reach RM2.00 and RM2.50 in June, correct?

For the sake of clarity, pls advise what is RM2 & RM2.50 in today's price, for both Bahvest and warrant.

Yes, Vincenbravo. You are expecting a lot of things to happen in May and possibly a new high price. Also recall you said, "guarantee it will cross RM2 and my prediction is it will hit RM2.50". Anyhow, let see if it happens. I am indeed looking forward to its fulfillment.