The news of WCE raya traffic beats target has been overlooked. Any increase in revenue will go directly to profit as most costs are fixed, therefore greatly increasing the DCF valuation
PETALING JAYA: The West Coast Expressway’s traffic volume during the Hari Raya travel period was more than double of its initial estimate, as travellers chose the highway as an alternative route heading to and from the north.
WCE Holdings Bhd chief executive officer Lyndon Alfred Felix said the average daily traffic (ADT) was recorded at over 300,000 vehicles from April 11 to 14.
“The highest ADT was on April 13 when it crossed 350,000 vehicles. Meanwhile, the highest revenue per day achieved was more than RM600,000,” he told StarBiz.
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....
Xiao Zheng She
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Posted by Xiao Zheng She > 1 week ago | Report Abuse
YTL flies so much, still waiting for this to fly