Posted by Bennychua007 > 2019-11-08 22:05 | Report Abuse

So sad.drop 5 precent ..But luckily support at 0.370

Posted by sheep > 2019-11-08 22:41 | Report Abuse

doesn't look good.. substantial shareholder q . price up due pump and dump....wakakaka

Posted by Kedahan > 2019-11-08 22:44 | Report Abuse

08-Nov-2019 Insider Notice of ceasing to be substantial holder - KULARB KAEW COMPANY LIMITED on 07-Nov-2019.
08-Nov-2019 Insider Notice of ceasing to be substantial holder - CYPRESS HOLDINGS LIMITED on 07-Nov-2019.
08-Nov-2019 Insider Notice of ceasing to be substantial holder - CEDAR HOLDINGS LIMITED on 07-Nov-2019.
08-Nov-2019 Insider Notice of ceasing to be substantial holder - HANTON CAPITAL LIMITED on 07-Nov-2019.

Posted by Bennychua007 > 2019-11-08 22:51 | Report Abuse

Kedahan, new Bird here ,it is good news or bad news ?

Posted by LKOH > 2019-11-09 10:46 | Report Abuse

Major shareholder bought from all these guys...what is the problem?

Posted by steady31 > 2019-11-09 11:30 | Report Abuse

No change in major shareholder.It is still Surin.Just a reorganisation of his related companies into one pinjaya to hold WCE

Posted by Felicity > 2019-11-09 11:51 | Report Abuse

Maybe small changes. surin still there but minorities may have changed within. He probably made the shareholdings clearer. Could be good. Could be bad. Could be nothing

Posted by shareinvestor88 > 2019-11-10 11:20 | Report Abuse

SELL SELL NO REVENUE NO PROFIT
TP 10c

Posted by ttgipoh > 2019-11-10 11:44 | Report Abuse

warrant could be 0.12cts given 30% premium at current price

Posted by ttgipoh > 2019-11-10 11:46 | Report Abuse

in the context of selling down on 25/11, warrant will give maximum leverage on wcehld

Posted by uptrending > 2019-11-10 13:45 | Report Abuse

Tan Sri Surin bought from Tan Sri Chan in 2013, 141.4 millions shares @rm1.35 per share. He also subscribed the rights issue in 2014, 3 for 4 @rm1.08 for another 109.5 m shares. Now, he has undertaken to subscribe for his portion of the rights, and jointly with the other 2 major shareholders, IJM and UHF, to subscribe up to 80% of the total rights issue.

What did Tan Sri Surin see in the company? What we know, he surely already knew. But what we don't know, he must had known.

A shrewd businessman like him, would we go wrong if we also take a long term view investing in the company?

Posted by sheep > 2019-11-10 14:12 | Report Abuse

He is in deep shit.. he knows very well.. his friends knew too and gotta get out fast before they are in deeper shit...in business, ... Money more important than friendships... Rights issue from RM1.08 down to 0.24.. only can get buyers... Two years later another RI will be 0.15... scary, might be true cos big big volumes of shares thenn... Wakaka..

Posted by shareinvestor88 > 2019-11-10 16:51 | Report Abuse

Meaning better sell wcehb ?

Posted by jonbaby1234 > 2019-11-10 16:59 | Report Abuse

If in deep shit...why they subribe rcps?
Can just cut loss.

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-11-10 19:04 | Report Abuse

Wce is as good
if u are able to hold for the next 3 years.

Posted by uptrending > 2019-11-10 20:54 | Report Abuse

Money will be rolling in when wce starts collecting toll upon full completion by Aug 2021

Coming soon...First toll collection for the completed stretches, section 8,9 and 10, follow by section 4 and 5...

Posted by uptrending > 2019-11-10 21:19 | Report Abuse

Not to forget that wcehb still has a valuable asset in its 40% associate, Bandar Rimbayu, which is being developed and managed by the other 60 % shareholders, IJM Corp.

As at 31st March 2019, Bandar Rimbayu still hold 415.88 HA land under development.

Posted by uptrending > 2019-11-10 21:28 | Report Abuse

Wcehb's cost of the land is only rm5+ per sq ft. against market transacted for a big parcel at about rm33 per sq ft a few year ago. The Surplus in the land value if it is revalued to market value, is about rm500 million.

Bandar Rimbayu is profitable since FY2014. It has contributed accumulatively rm153 Millions share of profit to wcehb for the past 5 Financial Years since FY 2015.

Posted by shareinvestor88 > 2019-11-11 08:10 | Report Abuse

Im cutting loss n selling rcps

Posted by Smallretailer > 2019-11-11 14:27 | Report Abuse

not much changes in price anymore

Posted by tm9999 > 2019-11-11 15:12 | Report Abuse

0.35 alr...haha.
Look like going back Rm0.3

Posted by TopEarn1 > 2019-11-11 19:57 | Report Abuse

sell WCE... its a crap until they proven to be good.

Posted by shareinvestor88 > 2019-11-13 01:00 | Report Abuse

sell tp 10c

Posted by newbie911 > 2019-11-14 12:10 | Report Abuse

Last week up to trap investor subcribe rcps.
Aft tht...down alr...

Posted by AlfI3 > 2019-11-15 06:49 | Report Abuse

RI results out, oversubscribed excluding undertaking shareholders. It stated clearly in d announcemb, meaning purely shareholders ony had taken up all d RI. Not d undertakers at all

Posted by sheep > 2019-11-15 08:37 | Report Abuse

Most sold off their mother shares to subscribe extra rights... On 25/11 scramble to offload will be higher.. hope company will push the price high to collect... Wakaka..

Posted by uptrending > 2019-11-15 08:40 | Report Abuse

The 3 major shareholders can't get excess shares subscription which they were undertaking, they can buy from the market.

Posted by Felicity > 2019-11-15 08:41 | Report Abuse

35% takes up 4.47% of excess. They must have feared of the odd lots.

Posted by newbie911 > 2019-11-15 08:48 | Report Abuse

If so good...why parent share keep drop?

Posted by LuckyG > 2019-11-15 09:06 | Report Abuse

bought yummy

Posted by uptrending > 2019-11-15 09:11 | Report Abuse

Felicity It is not good. High chance of toll collection not happening
15/11/2019 8:50 AM

What do you mean?

Posted by LuckyG > 2019-11-15 09:17 | Report Abuse

he means he is a nice guy do charity .....
Felicity I feel like supporting the business
15/11/2019 8:58 AM

Posted by newbie911 > 2019-11-15 09:24 | Report Abuse

Ijm.why dont support price?
Ikan bilis most gg.

Posted by LuckyG > 2019-11-15 09:26 | Report Abuse

pls read what felicity say before today .... i agree with you .i got the same feeling hahaha . dont tell other

Posted by uptrending > 2019-11-15 09:28 | Report Abuse

Market price is way below the average costs of the major shareholders.

Pintajaya 60 cent...... bought since 2013, 2014
UHF 55 cent.............. bought since 2013, 2014
IJM 42 cents.............bought since 2005.. 2013, 2014...

Price is per share price after the current RCPS rights issue.

Posted by steady31 > 2019-11-15 09:34 | Report Abuse

What is wrong with the group is a bunch of not efficient managers.the long delay in completion.cost overrun and now even delay also in starting toll collection on completed stretches.

Posted by ccy123 > 2019-11-15 09:37 | Report Abuse

Delay because of land acquisition problems. Don't worry whole highway if can not collect toll will sell back to Government

Posted by newbie911 > 2019-11-15 09:39 | Report Abuse

Ijm...surin...pang brothers why dont top up since "so cheap"?

Posted by uptrending > 2019-11-15 10:10 | Report Abuse

IJM management proven excellent

Posted by uptrending > 2019-11-15 10:11 | Report Abuse

Now they have no other option to buy cheap. Rights issue price set so low but could not get. If want to buy more to average down, can only buy from the market..

Posted by ccy123 > 2019-11-15 10:21 | Report Abuse

The only way from here is up

Posted by uptrending > 2019-11-15 10:23 | Report Abuse

Someone seemed to know the sentiments of the RI which would be fully and overscibed. On the last trading of the PR, it was ramped up to 5 cent from 1.5 cent with a huge volume of 102 millions shares..

Posted by Felicity > 2019-11-15 13:04 | Report Abuse

I never have an answer why share price is down. Most of the shares I buy, I do not pitch shirt term. WCE is a very good example which I have lose a lot of money. And if it who who lost money, I probably lose as well, I f not more

Posted by bohuey > 2019-11-15 13:21 | Report Abuse

Like this price will up or down ?

Posted by newbie911 > 2019-11-15 13:39 | Report Abuse

Highway near completion...usually share price will up. But this going down from 1++ to 0.3.

Posted by ccy123 > 2019-11-15 13:59 | Report Abuse

As I said, the only way from here is up

Posted by ccy123 > 2019-11-15 13:59 | Report Abuse

you better believe

Posted by uptrending > 2019-11-15 14:00 | Report Abuse

Surin upatkoon lose more, on paper... UHF also lose, more than Felicity. Even IJM, bought in 2005 @28 cent also lose, after subscribed for the rights in 2014 and 2019...

Haha!

Equity injected todate is rm688 million, another 320 million from this rights and assume full conversion of the 2B rcps, total equity injected would be rm1. 088B... same market Cap for 3B shares, assume full conversion of rcps with option 1. All efforts put in wcesb in the past years are free? Bandar Rimbayu is free?

How come?

Posted by newbie911 > 2019-11-15 14:08 | Report Abuse

Uptrending...can u push wce back to Rm1? Thanks.

Posted by uptrending > 2019-11-15 14:09 | Report Abuse

Hahah