WCEHB – Beginning of a new journey for WCE Involved in the construction of Malaysia’s 3rd longest expressway in Peninsular Malaysia; namely West Coast Expressway (WCE) that costs approximately RM5.04bn and spans across 233km which is expected to see full completion by end 2024 or early 2025. Completion of WCE may boost long term recurring income and subsequently ease cash crunch from toll collection and is supported by the expectations of additions of 650,000 new units of total industry volume in 2023. Disposal of entire 40.0% equity interest in Radiant Pillar Sdn Bhd (RPSB) to IJM Properties Sdn Bhd, for RM494.0m cash to give rise to pro forma gain of RM245.7m may free up cash flow and reduce the cost of interest expenses in the concession segment.
YTLPOWR – Defensive under elevated inflation environment YTLPOWR is engaged in providing power generation, electricity transmission, water supply, and communications services. PowerSeraya to be the main focus over the next 2-3 years given no new supply of power plants in Singapore for next 3 years and low fuel cost structure. YTL Green Data Center Park in Johor is completing in 1QCY24. The group sees this as a new revenue source given the strong demand of tech companies from China to set up their server in Southeast Asia.
buy at any price before full opening NO PROBLEM at all..the most important thing that still remain is that highway is a physical asset to be definitely acquired by the government in the long term that can be inspected by any Tom Dick Harry by whichever way possible unless Malaysia or the world ends
If you have choices to buy at, let say RM1.02 and another price, say RM 1.07, definately choose RM1.02, the lower the price will enable to withstand bad weather instead of cutttt loseee...say at RM1.05
normal pp have a bad habit..if they see current price say at RM1.05, and you bought at RM1.07 definately feel uncomfortable..that is y you see sb choose to cut loss inregardless whether stk is worth to keep or not..
It is not matter of the stock is hot or at 1.18.. The key issue is the stock is way undervalued. Highway construction cost rise from 21mils per km to rm90mils per km due to inflation.. So, market react to the undervalue asset..
WCE->1.19 being sapuing now.. 1.20.is not a dream for today... Ytlpower-> 3.10 bring sapu.. Just keep untill end 2024 for unknow upside... It is power up by johor theme now including ranhill water asset
Ya meh!! 1.60 by Q124 still intact.. WCE highway is going to reopening 4 additional section for toll collection by Q1... Everything is on time so far....
.... Rchi, you are right.... Who sour grape WCE 85c doesn't understand the current high value construction cost for 233km highways required rm21 to build..
Haha! The construction index is moving toward record high lo... All this superd undervalue asset valuation staying at 10 years ago will no longer exist soon.
Happen to read news from KL that 3 dishes mix rice's cost rm28 at Puchong! What, crazy leh...
So, WCE inflation cost at rm21B for 233km...
Rm7 man....
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
rchi
21,084 posts
Posted by rchi > 2024-01-03 15:11 | Report Abuse
in a bullish mkt n bullish stk like this,if you dont buy warrant n use leverage,you are wasting precious time