Posted by bull500 > 2020-12-06 14:17 | Report Abuse

good analysis

Posted by WHYO0001 > 2020-12-06 21:02 | Report Abuse

choivo capital
Appreciate & thank you for yr time to write this story

Posted by thesteward > 2020-12-06 23:11 | Report Abuse

Good article. At current price looks attractive. Thanks for the sharing

Posted by Choivo Capital > 2020-12-06 23:50 | Report Abuse

My cost is 29 sen, starting buying from 26 sen.

Posted by JBond007 > 2020-12-06 23:54 | Report Abuse

Just a name change from KEuro (Kumpulan Europlus Berhad).
Why so excited?

Posted by Choivo Capital > 2020-12-06 23:56 | Report Abuse

name change 4-5 years d. You didnt read news is it?

Posted by JBond007 > 2020-12-07 00:33 | Report Abuse

Of course I know, I have hold the shares for many years already (since Chan Ah Chye time). Anyhow hope IJM can repackage WCE into the fame Road Builder.

Posted by Felicity > 2020-12-07 12:29 | Report Abuse

Not far from how I see it, with new information. I think however it is worth more. Should not be RM1.50. Especially given that the interest rates is low and the perceived value should be higher as well. Also, since it is a port to port highway, given the positive manufacturing situation as we can see, it is all the more positive for a coastal port highway.

Posted by Choivo Capital > 2020-12-07 13:48 | Report Abuse

I think there is a chance market will overvalue it , especially during the first few years, when traffic is as per base case. They would think it can go up at the early phase in perpetuity.

So there is that.

Posted by harmie > 2020-12-08 10:24 | Report Abuse

Very detailed and well informed analysis

Posted by Qiinvestor > 2020-12-08 10:35 | Report Abuse

Thanks for the sharing.
Always love to read Felicity and Choivo's articles. They came with great insight. That constructive debate over WCEHB valuations few months ago was excellent, and hard to be seen in anywhere in this forum.
Though, I always have faith in Felicity. Been following WCEHB like 4 5 years ago since Felicity recommended it.

Posted by LKOH > 2020-12-08 13:55 | Report Abuse

Any idea when will WCE be completed?

Posted by LC LAU > 2020-12-19 21:33 | Report Abuse

hey why delete agian, haizz.

Posted by Sslee > 2020-12-23 18:31 | Report Abuse

Dear Choivo Capital,
TQVM for your many “Chun Chun” calls lately
https://klse.i3investor.com/blogs/Sslee_blog/2020-12-23-story-h1538367...

As the year 2020 comes to an end, a new beginning awaits us. The rollout of Covid-19 vaccine is a light at the end of the tunnel, but there are still long ways to go before we emerge from the darkness as each of us need to struggle between good over evil inside us to claim victories.

May good triumph over evil; light dispel darkness; wisdom replace ignorance; humility defeat hubris; love overcome hatred and peace instead of war. Let’s celebrate the return of light inside us and may the light from within shine brightly a path towards a fulfilling life, love, joy, peace and prosperity.

Thank you. I wish all a “Merry Christmas and Prosperous New Year”.
Stay safe, stay invested, stay happy and enjoy the holiday/long weekend with family.

Best Regards
SS LEE