im using this WCE during cny and early of this month..no resaon for me & those stay at west klang valley to use PLUS !!..esp. from subang..s/alam..see it your self ..also positive comments on fb...!!
Even you or i3 members use WCE can QR turn to profit to justify 98 sen or even RM 3 die promoters said?
stainlyho37
im using this WCE during cny and early of this month..no resaon for me & those stay at west klang valley to use PLUS !!..esp. from subang..s/alam..see it your self ..also positive comments on fb...!!
45 minutes ago
stainlyho37
im using this WCE during cny and early of this month..no resaon for me & those stay at west klang valley to use PLUS !!..esp. from subang..s/alam..see it your self ..also positive comments on fb...!!
those keep saying every Q loss, high debt r obviously don't study WCE well, those don't interested in WCE r usually less patient and wanna earn fast money in market. but most of the time, the one who let u win big is the one require u to wait patiently.
Nice highway shorten the distance to Stiawan from Taiping Selatan. Toll fees 7.3 excludes Section 11. No more cheap after May 11. They should lobby the government to ban heavy vehicles from using Menora Tunnel.
As long as cashflow supports the remaining construction and absent of raising further equity ( CEO has cleared it) there is only one way, that is up as demand will grow. Sell at your peril
WCE CEO said during Raya, the highest revenue was on 13 Apr which is hit RM600,000 daily. Yearly revenue will be (RM600,000 x 365) RM219mil but the finance cost for a year was around RM154mil. How does WCE turn loss to profit ?
Meanwhile, Felix noted that WCE’s financials have been improving in line with the opening of more sections of the West Coast Expressway.
In the first nine months of the financial year ending March 31, 2024 (9M24), the highway’s toll collection hit a new high at RM39.9mil, or 23% higher year-on-year (y-o-y).
The higher toll collection, coupled with the increased construction work activities under the toll concession segment, lifted the group’s total revenue by nearly 40% y-o-y to RM524.2mil in 9M24.
With each adjacent section completion, it doesn't just bring additional revenue for that section alone It will also increase traffic for all connected sections as well
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....
BursaKakis
401 posts
Posted by BursaKakis > 2 weeks ago | Report Abuse
@ cheated......kindly refer to WCE announcement on 2 April 2024 as reported by The Star newspaper.
Currently, average daily traffic on the WCE is over 70,000 vehicles.
The number is expected to rise to 150,000 vehicles daily during the Hari Raya Aidilfitri peak holiday season.
Upon full completion, WCE’s projection is over 350,000 vehicles per day.