Posted by Husky78 > 2023-05-05 16:36 | Report Abuse

RM 1600

Posted by ks5S > 2023-05-05 18:12 | Report Abuse

this is a gem.

Posted by TonsilBasher > 2023-05-05 20:30 | Report Abuse

Next week will up 10% per day

Posted by minher > 2023-05-05 21:54 | Report Abuse

WCEHB ｜ 下一家蓝筹股？10年时间10倍回报有可能吗？
https://www.youtube.com/watch?v=NZnIw0ejPA0&t=1s

Posted by Nepo > 2023-05-06 18:58 | Report Abuse

https://youtu.be/uRfQv1saw90
巴生一些路段的工厂还没搬咧！！！

Posted by skynet2000 > 2023-05-06 19:21 | Report Abuse

WCEHB price rising up too fast this few months toward the actual progress of the completion of the expressway.
The section 7 of the expressway, which presently only completed 59% shall only be completely finish ETA on End of 2024, which is 1.5 year from now.

As WCE also have disposal of it's 40% stake holding of Rimbayu Development on Dec-2022. This disposal means WCE will not have any other revenue and profit earning, beside their pending construction work of on WCE Expressway work.

Posted by vespa > 2023-05-06 21:05 | Report Abuse

well done .. did you miss the run up.

4 minutes ago

Posted by speakup > 2023-05-06 21:05 | Report Abuse

Gorengggggg lor. Sama mcm Maxis gorenggggg

Posted by skynet2000 > 2023-05-06 21:48 | Report Abuse

Frankly, even with the fully run of the expressway, first few years it may still face losses due to high payment of capital + interest.
However, it is very good stock as expressway in middle to long term;
1. it have 50 years of concession tenure.
2. it cover the busiest path from Klang Valley to Taiping, which serve majority of the highway users.
3. From the distance run, it is 233km (WCE) vs 275km (PLUS) from Klang to Taiping, and bypass the hilly road around Ipoh, it shall attract more users than PLUS, once it is fully run.

Nevertheless, it will only be fully run, earliest on 2025, due to Section 7 path is the last puzzle to be completed.
As the Section 7 is in between Selangor path and Perak path, this missing link will discourage most users to take this path from Klang Valley to Taiping.

Posted by speakup > 2023-05-06 22:06 | Report Abuse

Let's be realistic.
If 100 cars wants to go up.north, about half will take WCE and the other half will still use NSE.WCE is not gonna kill NSE

Posted by DestinyL > 2023-05-06 23:03 | Report Abuse

Why want to kill NSE？Just share the pie

Posted by DestinyL > 2023-05-06 23:27 | Report Abuse

Company has already stated in QR, 1st 1 or 2 years, likely loss making and no dividend
But investors already knew this

Posted by ks5S > 2023-05-06 23:38 | Report Abuse

wce concession agreement is 60 years
msia is 66 years old (from merdeka 1957).

buy this stock and keep for 60 years for your grandchildren. You will make them millionaire.

Posted by DestinyL > 2023-05-06 23:43 | Report Abuse

Newly opened sections will start to contribute towards WCE financials, don't have to wait for the full completion
This means section 1, 2, 6 and 11 will be able to get a head start to generate revenue by early 2024, even if at sub-optimal level

I think section 11 completion plays a significant pull factor as well, it would mean you can already link up north Selangor to Taiping already, starting from Tanjung Karang in Selangor which is not far away from Kuala Selangor.
I would give a guess some travellers as far away as Puncak Alam may be willing to travel trunk roads just to reach WCE Tanjung Karang tol if they were travelling to Taiping/Penang, especially during weekends or peaks.

Posted by albertyek > 2023-05-07 01:33 | Report Abuse

WCE final key section to be opened is Section 11

Posted by vespa > 2023-05-07 01:52 | Report Abuse

I am a regular Kl - Ipoh traveller PLUS is overcrowded on this route. Traffic jam pretty common even on weekdays .

Posted by skynet2000 > 2023-05-07 09:39 | Report Abuse

For WCE to get full toll fee, the section 7, which link between Kapar - Tg karang is the critical path, as travelers from Banting, Klang are willing to tap on it to have smooth drive to Taiping and joint PLUS to Penang onward.

If this link is missing, travel via trunk roads to reach Tg Karang will stop 50% of travelers, which will cut revenue by half.

The present paths opened by early 2024 will only offered two separate short distance (100km) each expressway to serve Selangor and Perak independently. With this model, anticipate the car flow could only receive half or even lesser.

Therefore, Section 7 completion is most important path, not just add on piece on the main dish.

Posted by skynet2000 > 2023-05-07 09:48 | Report Abuse

Refer Qr-3, 2023, Dec-2013;
The toll revenue is only RM11.6 million, annualize is of RM45.0 million, aa compare to finance cost of RM150.0 million, there is RM100mil gap to fill.

Posted by skynet2000 > 2023-05-07 10:04 | Report Abuse

The above findings have significantly suggest the criticalness of pushing the progress of Section 7 path, even with extra work hours and extra machineries to finish the work ahead of time.
If all could study the award to WCE construction (via it's announcement of receive work order by July 2021), the completion of Section 7 is by end of 2024. That makes the full access of this WCE is 1.5 years from now.

Beside the uncontrolled issues such as land acquisition etc, which was not been disclosed to public for clarity; the late commencement of Section 7 (about one year behind other 10 sections) is significantly impact on the full collection of revenue from this CWE.

I believe top management of WCE of even their major stake holder IJM would be also feel very upset about this "poor or worst" planning on the project critical path.

Posted by ks5S > 2023-05-07 10:10 | Report Abuse

the govt will help to speed up to complete this highway . They already put money in this project.

Posted by skynet2000 > 2023-05-07 10:41 | Report Abuse

For WCE Section7 path:
Refer to WCE project update announced every month.
March-2022, 48%
June-2022, 51%
Sept 2022, 53%
Dec-2022, 55%
March 2023, 59%

From the update, every month progress is about 1%, with 41% work balance to go, this give direct assumption of 41 months to go, to complete by end 2026.
Oh my God.
This progress will be very much behind the planned completion.

Posted by fankim > 2023-05-07 11:57 | Report Abuse

Summary of the TheEdge Cover Story on WCE this week.
1. Lyndon (CEO) tells The Edge that the highway will be fully completed by end-2024.
2. Traffic volume in the current four sections - averaging 50,000 to 60,000 vehicles daily.
3. In this 2023 year, WCE is targeting to open another four sections - 3 in Selangor (sections 1, 2 and 6) and the final stretch for the Perak portion (Section 11).
4. Hit a new peak of 100,000 average daily vehicles during Hari Raya.
5. Working on ancillary revenue from development along the expressway, including petrol stations and rest stops.

However, CEO declines to comment on when WCE will break even.

Posted by speakup > 2023-05-07 12:09 | Report Abuse

9am tomorrow I buy kaw kaw cos edge article

Posted by wahidul > 2023-05-07 16:56 | Report Abuse

today’s article and cover story on the edge is very positive

Posted by vespa > 2023-05-07 17:15 | Report Abuse

best case scenario of all naysayers is they had better direct their energy to their favoured picks

Posted by speakup > 2023-05-07 17:19 | Report Abuse

Besok 9am I hantam kuat kuat

Posted by wahidul > 2023-05-07 17:47 | Report Abuse

get ready tomorrow morning,will fly,buy n keep buying kuat2

Posted by speakup > 2023-05-07 20:33 | Report Abuse

Besok I hantam kuat kuat dari start 9am

Posted by DestinyL > 2023-05-07 21:36 | Report Abuse

Not too concerned with near term fluctuation
Just assume your wce holdings have been frozen, and unfreeze 3 years later to see the fruit

Posted by speakup > 2023-05-07 21:43 | Report Abuse

Edge suruh kita hantam kuat kuat

Posted by goody99 > 2023-05-07 21:47 | Report Abuse

just notice it has been up 6 straight days. Appearing on the cover of a magazine -- does it mean it is a very good time for the big fund to sell tomorrow?

I am a bit disappointed to know that the completion date is late 2024, and not early 2024 as mentioned before

Posted by Edge > 2023-05-07 22:05 | Report Abuse

Investors have more clarity on the potential of the stock and this is seen in the rise of share price. There is so much more upside...

Posted by DestinyL > 2023-05-07 22:24 | Report Abuse

I'd love for the "big fund" to sell down
Otherwise how to buy low?

Posted by DestinyL > 2023-05-07 22:26 | Report Abuse

That said, not every news is a "sell on news" every time, but i digress

Posted by albertyek > 2023-05-08 05:54 | Report Abuse

Better later than never ever is the wisdom of life..so how RM1.00 by 2024?

Posted by speakup > 2023-05-08 08:11 | Report Abuse

ini kalilah!!!!
all in @ 9am

Posted by Nepo > 2023-05-08 08:22 | Report Abuse

today profit-taking
push too high already, is time to do correction..

Posted by DestinyL > 2023-05-08 09:04 | Report Abuse

Correction? Or shake off

Posted by DestinyL > 2023-05-08 09:05 | Report Abuse

I'm fine either way

Posted by speakup > 2023-05-08 09:14 | Report Abuse

Hahah
Dapat discount
Who sold.to speak up cheap?

Posted by DestinyL > 2023-05-08 09:17 | Report Abuse

Slightly cheap only, too early to tell lol

Posted by wahidul > 2023-05-08 09:30 | Report Abuse

very steady lor

Posted by wahidul > 2023-05-08 09:31 | Report Abuse

looks like will shoot up soon,as there is clarity now

Posted by DestinyL > 2023-05-08 09:36 | Report Abuse

Not much seller really

Posted by wahidul > 2023-05-08 10:33 | Report Abuse

this is really a cash cow in the making

Posted by Edge > 2023-05-08 10:46 | Report Abuse

Wahidul - spot on comment.

Posted by albertyek > 2023-05-08 11:21 | Report Abuse

yeah cash cow ready for slaughter next Hari Raya Haji yeehaaa wagyu level

Posted by Nepo > 2023-05-08 11:25 | Report Abuse

haha, good to be slaughtered in the holy day

Posted by Edge > 2023-05-08 13:27 | Report Abuse

Share price strong movement may be indication of coming good results. Also in anticipation of the sections to be opened this year. Anyone have indication of when they will be opened this year? Then we can expect or even "time" the further jump of share price.

Posted by kokfuhgmailcom > 2023-05-08 15:17 | Report Abuse

I think section 7 still need 2-3 year to complete. There a lot bridge still not start piling yet.