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3 comment(s). Last comment by Choivo Capital 2020-07-08 17:03
Posted by Choivo Capital > 2020-07-08 17:01 | Report Abuse
Hmm fair point.
However, my point on the initial revenue still stands.
I got the data from a friend working in PLUS. The exact numbers for the revenue and traffic. As well as the historical 5-10 years traffic numbers, latest traffic reports etc.
You may feel differently. In any event, its not all horrible as WCE has the prop dev etc.
Posted by Choivo Capital > 2020-07-08 17:03 | Report Abuse
I think if i were back in 2015, given the traffic data then, it would be a pretty good deal, one of the best in Msia.
But looking at the data now, i would stay far away. Most people moving to motorcycles is a huge factor, as well as the lower toll rates for NSE.
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
vespa
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Posted by vespa > 2020-06-03 08:17 | Report Abuse
Thanks Felicity for your rebuttal. Both yourself and Choivo are a credit to the local investment community