WCE HOLDINGS BERHAD

KLSE (MYR): WCEHB (3565)

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Last Price

0.775

Today's Change

0.00 (0.00%)

Day's Change

0.77 - 0.775

Trading Volume

662,800


9 people like this.

5,814 comment(s). Last comment by vespa 22 hours ago

Bitgold

48 posts

Posted by Bitgold > 2 months ago | Report Abuse

Up up

Posted by MarketNavigator > 2 months ago | Report Abuse

@chamlo. Hopefully we can see green in overall FY2025

bull500

33 posts

Posted by bull500 > 2 months ago | Report Abuse

Will WCEHB gets the Banting to Gelang Patah highway concession? Any idea?

albertyek

485 posts

Posted by albertyek > 2 months ago | Report Abuse

of course it should be WCEHB in getting the job done all the way to Gelang Patah or at least it will get the main concession

bull500

33 posts

Posted by bull500 > 2 months ago | Report Abuse

That's good, thanks

newbie5354_

1,319 posts

Posted by newbie5354_ > 2 months ago | Report Abuse

Even WCE get Banting to Gelang Patah highway concession so more loss ahead? How many years WCE run current highway still loss?

newbie5354_

1,319 posts

Posted by newbie5354_ > 2 months ago | Report Abuse

If loss continue not RI ahead?

vespa

913 posts

Posted by vespa > 2 months ago | Report Abuse

Poorly managed....best have emigrated leaving rubbish to run companies

Bitgold

48 posts

Posted by Bitgold > 2 months ago | Report Abuse

Black Rock own wcehb 0.2%...till today

Posted by MarketNavigator > 2 months ago | Report Abuse

Is BlackRock on the top 30 shareholder list?

Bitgold

48 posts

Posted by Bitgold > 2 months ago | Report Abuse

Another company from virginia island have 10% wcehb share

Bitgold

48 posts

Posted by Bitgold > 1 month ago | Report Abuse

Total warrant issue 452milliin share ..400 million + had converted ...market left not more then 50 million warrant

Posted by diuleiloumei > 1 month ago | Report Abuse

PN17 please

BursaKakis

452 posts

Posted by BursaKakis > 1 month ago | Report Abuse

Q2 Sep 24 report dated 28 Nov 2024

Revenue improved by 100 % QoQ from RM75.570m to RM151.162m and net loss reduced by 59% QoQ from (25,858m) to (RM10,584m)

During the quarter under review, Section 1 (Banting – SKVE) of the WCE Project opened for
traffic on 31 August 2024 and toll collection commenced on 30 September 2024. The recent
openings of Sections 1, 6 and 11 have significantly amplified WCE’s daily traffic volume,
whereby the sectional average daily traffic for the current financial period increased by a
significant 83% compared to FY2024. During the Raya festive period in April 2024, the traffic
volume achieved a peak of 350,000 sectional average daily traffic, a significant 150% surge from
the previous record in December 2023 of 140,000 sectional average daily traffic.

The concession segment has reported a loss before tax in the current quarter mainly due to interest
expense incurred in relation to project financing for completed sections of the WCE Project. In
accordance with MFRS 123, an entity shall cease capitalising borrowing costs when substantially
all the activities necessary to prepare the qualifying asset for its intended use is complete. The
interest expense was capitalised as part of the infrastructure development expenditure prior to the
completion of construction works. Upon the completion of sectional construction, the interest
expense for these sections will be charged to the statement of profit or loss. The Group is expected
to incur losses in the early years of toll operations due to the cessation of capitalisation of interest
expenses for completed sections. Despite the loss before tax, the Group recorded an earnings
before interest, taxes, depreciation and amortisation (EBITDA) of RM38.2 million for 2Q
FY2025 (2Q FY2024: RM10.6 million), indicating the Group is profitable at an operating level.

The construction of Section 2 (SKVE – Shah Alam Expressway (KESAS)) has been completed
and is currently at the inspection stage with an opening date imminent. The completion of this
section will also provide a connection to the Shah Alam Expressway (KESAS), which would
enhance the accessibility and connectivity of these areas along the alignment.

The construction for the final 3 sections namely, Section 3 (KESAS – Federal Highway Route 2),
Section 4 (Federal Highway Route 2 – New North South Klang Straits Bypass (NNKSB)) and
Section 7 (Assam Jawa – Tanjung Karang) is currently ongoing.

Going forward, the additional sectional toll revenue is expected to further improve the future
financial performance of the Group in terms of cash flows and operating results. In the long run,
once the entire alignment of WCE is fully operational, the Group expects a shift towards
profitability as revenue growth outpaces interest cost.

Bitgold

48 posts

Posted by Bitgold > 1 month ago | Report Abuse

Means another 5x Rm10 million or less to complete the highway ....Heng .ong ..huat

Posted by MarketNavigator > 1 month ago | Report Abuse

Nice 👍 I guess WCE is likely to turn green in Q3 / Q4

lai63

32 posts

Posted by lai63 > 1 month ago | Report Abuse

May I enquire,
Is this wcehb-wf, the conversion price 39 cents
is maintained throughout till expiry on Nov 2029?

vespa

913 posts

Posted by vespa > 1 month ago | Report Abuse

The exercise period of the Warrants comprises the period commencing from the issue date of the Warrants up to the market day immediately before the 5th anniversary of the issue date of the Warrants ("First Exercise Period") and the period commencing from the 5th anniversary of the issue date of the Warrants up to the market day immediately before the 10th anniversary of the issue date of the Warrants ("Second Exercise Period") ("Exercise Period"). The Warrants entail a step-up pricing mechanism whereby the exercise price for the First Exercise Period is RM0.39 and the exercise price for the Second Exercise Period is RM0.45. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid or have any effect. This Announcement is dated 22 November 2019.

speakup

27,315 posts

Posted by speakup > 1 month ago | Report Abuse

Wce share price has ran far ahead of fundamentals. Its already pricing in full completion of highway plus giving dividends

lai63

32 posts

Posted by lai63 > 1 month ago | Report Abuse

Vespa,
So now, any still existing wcehb-wf. Their conversion price is 45 cents or 39 cents?

Bitgold

48 posts

Posted by Bitgold > 1 month ago | Report Abuse

Now exercise price Rm0.45 ..already reflect on it...

Bitgold

48 posts

Posted by Bitgold > 1 month ago | Report Abuse

Wcehb just put a sign board at Changkat Jering ...to klang n KL...trafic increase 30% on section 11 ..on my count

Bitgold

48 posts

Posted by Bitgold > 1 month ago | Report Abuse

For sure ..may 2025 will get profit....hopefully will get 1 million profit on feb 2025 report

Bitgold

48 posts

Posted by Bitgold > 1 month ago | Report Abuse

Base on Tol collection 35 million on year end peak season n 200 million on very active construction

Bitgold

48 posts

Posted by Bitgold > 1 month ago | Report Abuse

Q2 construction 39 million
Q3 construction 157 million
Q4 construction 200 miliion (hope laah)

stainlyho37

2,280 posts

Posted by stainlyho37 > 1 month ago | Report Abuse

the remaining hw construction progress very slow.....???!!! very month 1~2% different ???!!...wait until neck also long.....

Bitgold

48 posts

Posted by Bitgold > 1 month ago | Report Abuse

THE report is not reflect the actual progress ...fasten sit belt this few day

Bitgold

48 posts

Posted by Bitgold > 1 month ago | Report Abuse

Wcehb wf very cheap

vespa

913 posts

Posted by vespa > 1 month ago | Report Abuse

Section 2 ??? opening imminent another faux pas… one blunder after another.

vespa

913 posts

Posted by vespa > 1 month ago | Report Abuse

charlatans

Bitgold

48 posts

Posted by Bitgold > 4 weeks ago | Report Abuse

THE ceo promise !!!!!!....ai ....

Bitgold

48 posts

Posted by Bitgold > 3 weeks ago | Report Abuse

Section 2???? We need to know

Bitgold

48 posts

Posted by Bitgold > 1 week ago | Report Abuse

https://youtu.be/NGkSqZIqQNU?si=xBuPsvW3WoNax280
Section 2 going to open before CNY

stainlyho37

2,280 posts

Posted by stainlyho37 > 1 week ago | Report Abuse

looks good now.....watch out..!!

pampers

368 posts

Posted by pampers > 1 week ago | Report Abuse

The problem about wce is the delay for its completion... If u let a China construction company to do it, it will get it done before deadline... As long as they dont finish THE most important section 7 Asap, Wce can never fly

speakup

27,315 posts

Posted by speakup > 1 week ago | Report Abuse

where is section 7?

vespa

913 posts

Posted by vespa > 1 week ago | Report Abuse

pampers you are so right..

Bitgold

48 posts

Posted by Bitgold > 1 week ago | Report Abuse

Next month qtr report may have profit

vespa

913 posts

Posted by vespa > 1 week ago | Report Abuse

Will be Ebitda positive perhaps.. with Sections open interest payments are recognised and not capitalised..

Nepo

3,464 posts

Posted by Nepo > 4 days ago | Report Abuse

Hi wondering why Section 7 construction so slow..? From March 24, 70% to Dec 24, 77%, 10 months only progress by 7%..

Bitgold

48 posts

Posted by Bitgold > 4 days ago | Report Abuse

Section 7 ..progress very very fast ..but focus on bridge n fly over but no bitumen section ...construction revenue increase from rm39 million to rm151 million

Nepo

3,464 posts

Posted by Nepo > 4 days ago | Report Abuse

i see, thks Bitgold

Bitgold

48 posts

Posted by Bitgold > 2 days ago | Report Abuse

Section 2 open soon ?

vespa

913 posts

Posted by vespa > 22 hours ago | Report Abuse

incompetence either on management or the approving authorities...quite farcical for a "third world category" infrastructure project.. the best have left

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