WCE HOLDINGS BERHAD

KLSE (MYR): WCEHB (3565)

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Last Price

0.845

Today's Change

+0.005 (0.60%)

Day's Change

0.84 - 0.845

Trading Volume

165,700


9 people like this.

5,696 comment(s). Last comment by vespa 1 day ago

55880955

679 posts

Posted by 55880955 > 2017-06-05 14:00 | Report Abuse

on the way to test 1.60 again. Good fundamental stock.
At least 2.00 this counter.

antidebt

453 posts

Posted by antidebt > 2017-06-05 14:16 | Report Abuse

collect. Another bull run soon .

Icon8888

18,658 posts

Posted by Icon8888 > 2017-06-05 14:18 | Report Abuse

I bought also. But 1.50 ...

my intention is to keep buying over next 12 months to build up a big stake.

this stock looked interesting

claris123

51 posts

Posted by claris123 > 2017-06-05 14:24 | Report Abuse

looks like going to explode soon and heading to 1.60

Posted by birkincollector > 2017-06-05 15:24 | Report Abuse

when both sifu Icon8888 and Paperplane on the same boat, u know this stock is a gem

ks5S

4,601 posts

Posted by ks5S > 2017-06-05 17:13 | Report Abuse

ijm holding high majority stake in wce.
strong management will reflect in the share price. Maybe ijm will privatise wce to list their highway assets. This will provide a good ipo price if listed under ijm toll asset.
this is the counter you do not want to sell . Just keep for the next 60 years for your grandchildren.

Invest1188

772 posts

Posted by Invest1188 > 2017-06-05 18:07 | Report Abuse

But wce less people use the highway

ks5S

4,601 posts

Posted by ks5S > 2017-06-06 00:05 | Report Abuse

not really, Nowadays there are many cars and lorries still using the coastal road especially commercial lorries to transport foods .

vcheekeong

435 posts

Posted by vcheekeong > 2017-06-06 08:28 | Report Abuse

Almost everyday cars ,trucks ,bus new registered on the road vs compared how many roads being built

Posted by birkincollector > 2017-06-08 10:34 | Report Abuse

coming

paperplane2016

21,621 posts

Posted by paperplane2016 > 2017-06-13 11:47 | Report Abuse

this is for next yr. Buy BIG like EKOVEST next yr

vcheekeong

435 posts

Posted by vcheekeong > 2017-06-19 12:30 | Report Abuse

Will buy in December after make profits from other counters first

paperplane2016

21,621 posts

Posted by paperplane2016 > 2017-06-21 22:01 | Report Abuse

buy little 1.40 today

STC1136

977 posts

Posted by STC1136 > 2017-06-22 18:50 | Report Abuse

My entry 1.45... Good entry 1.40 paperplane

paperplane2016

21,621 posts

Posted by paperplane2016 > 2017-06-22 19:18 | Report Abuse

I bought this since rm1, below 1 add little only. Buy more Now to avg up

Henry Chan

639 posts

Posted by Henry Chan > 2017-06-29 17:08 | Report Abuse

I just realised their PE 39.89 too high man

Hwai Hooi

2,249 posts

Posted by Hwai Hooi > 2017-06-29 17:09 | Report Abuse

i bought high price...thinking want cut loss or not

Posted by LearnFromMistake > 2017-07-02 17:52 | Report Abuse

Should run, now Klse adi so high, and the highway total progress only not more than 30% ... So it ll continue burn the cash for few years.. Pe also quite sky high, so think before u buy..

sell

2,448 posts

Posted by sell > 2017-07-02 20:43 | Report Abuse

Agree. No toll collect yet but keep burning money. Below RM 1.2 coming.

Posted by LearnFromMistake > Jul 2, 2017 05:52 PM | Report Abuse
Should run, now Klse adi so high, and the highway total progress only not more than 30% ... So it ll continue burn the cash for few years.. Pe also quite sky high, so think before u buy..

Hwai Hooi

2,249 posts

Posted by Hwai Hooi > 2017-07-04 14:10 | Report Abuse

i bought 1.49.....should cut loss...

Collin Soo

894 posts

Posted by Collin Soo > 2017-07-06 16:43 | Report Abuse

Hwai Hooi@No need cut loss, just keep it as FD. 2.00 is achievable

Posted by shareinvestor88 > 2017-07-11 08:25 | Report Abuse

Sell cut loss. Burning cash. Target 50c

ks5S

4,601 posts

Posted by ks5S > 2017-07-12 22:32 | Report Abuse

can start collect and keep for long-term

suregain

1,611 posts

Posted by suregain > 2017-07-12 22:48 | Report Abuse

Drop non stop

ks5S

4,601 posts

Posted by ks5S > 2017-07-12 22:52 | Report Abuse

got solid asset back up. No worry. let it drop .

Posted by LearnFromMistake > 2017-07-16 13:28 | Report Abuse

The price is over value as the highway still under land negotiate process as my uncle land at Trong was compensate undervalue, so my uncle sue the company for more compensation ... And he win, the company not dare take his land and have to pass besides his land.. So as I assume the company ll keep burn cash for the next 5 years... Value only worth around rm1 at the moment.. The construction only around 28% ... Think before you buy with ur hard earn bloody money... Another ekovest like company, small fish might eaten buy big shark.. :D just some sharing for Ikan bilis ... Good luck

Posted by LearnFromMistake > 2017-07-16 13:33 | Report Abuse

Just keep in mind, solid asset ll some day burn off... If they keep burn the cash without good income... Start drop is a sign that big shark start to selling off... And most ppl keeping it with fate... Ask urself, who ll sell if all Ikan bilis have fate in it... Only the board ppl with anonymous account will sell slowly not to scare u off...

Posted by LearnFromMistake > 2017-07-16 13:34 | Report Abuse

Who ll gain ? Only the insiders with salaries earn the most ;)

ks5S

4,601 posts

Posted by ks5S > 2017-07-17 11:47 | Report Abuse

those sold have to really learn from mistake.
It is moving uptrend now.

Hwai Hooi

2,249 posts

Posted by Hwai Hooi > 2017-07-17 11:51 | Report Abuse

i still hold high price..

ks5S

4,601 posts

Posted by ks5S > 2017-07-17 12:55 | Report Abuse

Your high will become the next low.
Don't worry. Their asset is solid strong.

paperplane2016

21,621 posts

Posted by paperplane2016 > 2017-07-17 14:16 | Report Abuse

yeah. worth RM5bil. must buy now! 2018 huge profits and cashflow!

ks5S

4,601 posts

Posted by ks5S > 2017-07-17 14:59 | Report Abuse

this time will re-test 1.70 again.

ks5S

4,601 posts

Posted by ks5S > 2017-07-17 15:01 | Report Abuse

my remisier told me this stock can make u a millionaire.
but you must buy and keep. No contra.

Posted by shareinvestor88 > 2017-07-18 23:43 | Report Abuse

Burning cash. Better sell

paperplane2016

21,621 posts

Posted by paperplane2016 > 2017-07-19 00:22 | Report Abuse

Yeah

Posted by LearnFromMistake > 2017-07-24 11:47 | Report Abuse

not worth for now, land acquisition still under process , the road pass by a chicken egg factory, will burn a lot of cash compensate over there... wait low only buy..

Posted by Chin Fung Wei > 2017-07-24 20:33 | Report Abuse

Hello the acquisition is borne by government - do read the details

Posted by LearnFromMistake > 2017-07-29 20:41 | Report Abuse

Although gov settle, PE too high, this is construction sector, not tech sectors, if this is myeg or Inari , the PE still can be considered..blind also can see it over value and it now moving down trend

chongyo

114 posts

Posted by chongyo > 2017-07-30 13:50 | Report Abuse

WCE is generating profit even though the highway is under construction. The 40% ownership in the 1,800 acres Rimbayu at the booming area is really worth a lot of money. Rimbayu develop by IJM who is the other 60% owner is selling well and meanwhile contributing to WCE's bottomline and will continue to contribute significantly in the next 10-15 years.
Revenue from the highway will kick in late 2018 when a portion of it open to traffic and revenue will continue to grow when all section open and traffic grow.
WCE has very strong owners and management too - IJM (26%), MWE(27%), Pang of Mamee(9) .
PE may be high. Don't forget it is very normal for high growth stock.

suregain

1,611 posts

Posted by suregain > 2017-07-30 15:07 | Report Abuse

Next year rm3

suregain

1,611 posts

Posted by suregain > 2017-08-02 16:31 | Report Abuse

sth wrong... seems like droping liao

Posted by LearnFromMistake > 2017-08-05 12:43 | Report Abuse

already told u over value, adjustment is a matter of time...

chongyo

114 posts

Posted by chongyo > 2017-08-05 13:08 | Report Abuse

LearnFromMistake, What you thing is the fair price ? how you derive your fair price ?

Pls share so that we all can learn from you.

Posted by LearnFromMistake > 2017-08-05 14:44 | Report Abuse

Rm1.25 should be fair enough, if u don't trust, let see the price 3 month from now..

chongyo

114 posts

Posted by chongyo > 2017-08-06 08:47 | Report Abuse

Due to poor market sentiment, RM1.25 may reach. But I doubt there are many sellers at this price. So hard to get sizable holding if you believe in this counter. 60% of the share already in the hands of IJM+MWE+Pang(of Mamee). Many other longer term investors hold most of the remaining 40%.

Don't forget MWE and Pang of Mamee pay about RM1.35 per share to acquire their stakes few years ago when the company was is much less favourable state. Now the company is very solid with expressway on schedule, regular return from Rimbayu and WCE construction's revenue.
The company still make profit qtr by qtr despite the expressway is still under construction.

As your fair value of RM1.25 is just about 10% away from prevailing price, I don't have to wait.

Collin Soo

894 posts

Posted by Collin Soo > 2017-08-07 17:58 | Report Abuse

Buy and keep for your retirement fund

Posted by LearnFromMistake > 2017-08-08 00:17 | Report Abuse

if u want to buy and keep for retirement fund, better buy maybank.. high dividen and the most solid stock with 1000b capital... dont waste money in wrong direction... later when old ll regret, at that time u ll cry at night and have a sleepless night

Posted by LearnFromMistake > 2017-08-08 00:20 | Report Abuse

chongyo, 10% is just away from prevailing price? dont want to wait? OMG, u r rich then is ok, dont drug newbie to buy this stock, they not rich like u... if 10% not many... until now u cant event make 10% from this counter... as i say, if u buy now, it ll continue bear till the fair price i suggest rm1.25 or maybe lower when market bad... just wait and see... see who learn from mistake... ;D

newbie92

418 posts

Posted by newbie92 > 2017-08-09 13:15 | Report Abuse

LearnFromMistake
Rm1.25 should be fair enough, if u don't trust, let see the price 3 month from now..
05/08/2017 14:44


Invest for 3 month time frame? Laugh die me.

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