Posted by Nepo > 2023-05-11 11:03 | Report Abuse

look like this stock got very strong support

Posted by Husky78 > 2023-05-11 11:06 | Report Abuse

Confirm is cash cow..

Posted by albertyek > 2023-05-11 11:14 | Report Abuse

this is the only company where you can check its progress anytime of the day...nothing can be hidden...tonnes of drone videos online...how to be fishy lol

Posted by DestinyL > 2023-05-11 11:40 | Report Abuse

Business not fishy la, can't believe your mindset is so....
Share price movement can anytime be fishy

Posted by albertyek > 2023-05-11 12:33 | Report Abuse

sentiments getting better so does the share price movement should be more erratic

Posted by DestinyL > 2023-05-11 12:36 | Report Abuse

Progress status updated!

Posted by DestinyL > 2023-05-11 12:38 | Report Abuse

Less progress observed

Posted by DestinyL > 2023-05-11 12:38 | Report Abuse

3 sections with 1% of additional progress

Posted by speakup > 2023-05-11 12:58 | Report Abuse

Many retailers dah masuk thanks to Edge article. Now wait for EPF to baca Edge article

Posted by wahidul > 2023-05-11 13:33 | Report Abuse

this is one stock that we grow together as they progress,remember they cant go backwards,only can go forward,doesn’t matter slow or fast,as long as the job is done,by the time the share price gonna be at different level

Posted by stevenchua5 > 2023-05-11 13:48 | Report Abuse

Have to hold above 50 sen for uptrend to continue

Posted by BobAxelrod > 2023-05-11 13:54 |

Post removed.Why?

Posted by wahidul > 2023-05-11 13:55 | Report Abuse

already joined the billion dollar club ytd

Posted by DestinyL > 2023-05-11 14:39 | Report Abuse

Moving forward I recommend genuine investors not to read too much into forums such as i3, if you want to keep this for the long run

Posted by DestinyL > 2023-05-11 14:41 | Report Abuse

I'm outta this thread, see ya!

Posted by albertyek > 2023-05-11 15:18 | Report Abuse

additional 1% is still a progress nevertheless...what kind of self pity take this news on sour note

Posted by speakup > 2023-05-11 21:27 | Report Abuse

Aduh! Aduh! Why down?

Posted by skynet2000 > 2023-05-11 23:55 | Report Abuse

WCE expressway is promoting direct transit from Banting/Klang to Taiping and further move north to Penang as better route as compare to PLUS once it is fully completed.
However, the mission could only be successful upon completion of the Section 7, which just stuck at the middle of the whole expressway.
The present progress is of 59% only, and will take 1% progress at monthly basis.
Means the completion of whole expressway will be 41 months from now.
Any bullish news about it is not realistic for the full usage of this WCE expressway.

Except the good Q4 result due to the exceptional of the 40% disposal of Bandar Rimbayu for RM494 mil; the forthcoming 10 quarter results will be in the red.
Let us meet here again at 31-Dec-2025 to conclude the results together in 2.5 years.

Posted by skynet2000 > 2023-05-11 23:55 | Report Abuse

WCE expressway is promoting direct transit from Banting/Klang to Taiping and further move north to Penang as better route as compare to PLUS once it is fully completed.
However, the mission could only be successful upon completion of the Section 7, which just stuck at the middle of the whole expressway.
The present progress is of 59% only, and will take 1% progress at monthly basis.
Means the completion of whole expressway will be 41 months from now.
Any bullish news about it is not realistic for the full usage of this WCE expressway.

Except the good Q4 result due to the exceptional of the 40% disposal of Bandar Rimbayu for RM494 mil; the forthcoming 10 quarter results will be in the red.
Let us meet here again at 31-Dec-2025 to conclude the results together in 2.5 years.

Posted by ks5S > 2023-05-12 06:58 | Report Abuse

whatever is it, the price will continue move up as future is bright and shining. Gem and cash cow in the making

Posted by ks5S > 2023-05-12 07:00 | Report Abuse

strong shareholder holding many share. just follow them to invest for long term.

Posted by speakup > 2023-05-12 07:40 | Report Abuse

Aduh trapped at high price. My cutloss 45sen

Posted by albertyek > 2023-05-12 07:44 | Report Abuse

let Section 11 is the real bottleneck not Section 7 as there are plenty of alternative route in Selangor as compared to Pwrak

Posted by albertyek > 2023-05-12 07:47 | Report Abuse

safer and wider route on flat lands in Selangor comparing to hilly and dangerous connecting route in Perak

Posted by skynet2000 > 2023-05-12 08:15 | Report Abuse

Interesting part about the statistic count on car flow, it say during Hari Raya festive car flow are 100,000, it was based on count while enter Section 6 at Selangor, then count again while the same car enter again Section 8, at Perak.
It register as 2 counts of car flow, but each was short distance, means low revenue.
While Section 7 is completed, it only count 1 car, however, total distance is 6. 7 and 8.
Much better revenue, therefore, simple statistic has blind spot, just to show improvement of car flow.
Let us read the Q4 result which shall release fairly soon, to see the actual revenue for WCE.

Posted by skynet2000 > 2023-05-12 08:17 | Report Abuse

Nevertheless, the Hari Raya festive result will only reflect on Q1 2024, release on Aug. We got to wait for 3 months.

Posted by albertyek > 2023-05-12 08:21 | Report Abuse

wonder if majority of buyers are drivers or just arm chair heroes kakakaka

Posted by ks5S > 2023-05-12 08:23 | Report Abuse

buy more when uptrend. no need cut loss

Posted by ks5S > 2023-05-12 08:26 | Report Abuse

Qr result bad or good, also go up bcoz future is bright
epf and khazanah aiming for it.

Posted by albertyek > 2023-05-12 13:12 | Report Abuse

future is so bright that blinded so many shareholders to see its potential and just let go their shares few days back adoiii

Posted by speakup > 2023-05-12 15:10 | Report Abuse

Who says let go? Still hold leh

Posted by vespa > 2023-05-12 15:37 | Report Abuse

skynet2000 how did you come to establish methodology

Posted by speakup > 2023-05-12 15:44 | Report Abuse

Retailers buying. So who is selling?

Posted by albertyek > 2023-05-12 15:51 | Report Abuse

Skynet is now live as it achieves singularity with all the AI ecosystems in the world today

Posted by speakup > 2023-05-12 16:42 | Report Abuse

50.5¢!!!!!!!!
EPF mali!!!!!!!!

Posted by albertyek > 2023-05-12 16:48 | Report Abuse

EPF is our destiny

Posted by ks5S > 2023-05-12 17:18 | Report Abuse

yes. epf is our destiny. not the sour grapes our destiny.

Posted by skynet2000 > 2023-05-12 21:11 | Report Abuse

I like WCE as highway concessionaire.
However, one day the highway have not been fully opened to public for full traffic flow, the value of it to be fully appreciated by public is still an hold sign.
I have been monitored it for 5 years and yet to receive it's full completion of work is not to satisfaction; yet the media give all the false report on it is opened at early 2024 is bad for the public and retail investors.
I hope could share this with faithful readers here to understand the real scenario, not to challenge any parties.

Posted by albertyek > 2023-05-12 21:15 | Report Abuse

Section 11 opening will be our saviour nevertheless that will be responsible to divert much heavy traffic from PLUS highway in Perak

Posted by Husky78 > 2023-05-12 21:23 | Report Abuse

Skynet, i like your comment, base on current progress, what is the fair value of thia share?

Posted by skynet2000 > 2023-05-12 23:53 | Report Abuse

I just share my point of view on WCE progress, as I saw several analyst reports even with WCE director statement keep selling the news about opening of WCE by early of 2024.
I would like to clarify to investors that from project progress update (which could be read from WCE WCE website), it is clearly shown that Section 7 will not be able to be completed by early 2024, why all media were saying the reversal?
This is very unfair news to whom who was just read and believe them and buy in.

I could not and would not predict the fair value of WCE, but just sharing the real progress of it's construction work.

Posted by Husky78 > 2023-05-13 03:55 | Report Abuse

Thanks , hope you can share more information to alert us.

Posted by albertyek > 2023-05-13 05:38 | Report Abuse

RM1.00 when Section 11 is opened and RM1.60 when Section 7 is opened..EPF comes in then RM1.80

Posted by ks5S > 2023-05-13 09:47 | Report Abuse

use epf bought duke 34 km highway in 2016 as calculation for its value. Full valuation of duke is 2.38 bil. That is only 34 km. WCE is 233 km . It means wce highway worth 16 bil. As wce only own 80% of the highway, it means it value about 12 bil. As total share of wce is 2.97 bil share, this means WCE worth RM 4.00 per share.

Posted by ks5S > 2023-05-13 09:50 | Report Abuse

since khazanah and kwap is government own fund but epf belongs to member, i think anwar will get khazanah and kwap to start buying wce for long term.

Posted by skynet2000 > 2023-05-13 10:23 | Report Abuse

Let quote EPF buy DUKE as an example, it is like buying durian orchid while it is fully seasoned and give fruits in full, then Ks5S theory ,could be applied.
For WCE scenario, it has a few undone conditions as below:
1. The highway was not even near to completion, if to include the Section 7, (at the middle of the full expressway), will only be opened at early 2026. The continue construction will incur more and more capital cost and continuous paying interest, as of FY 2022, interest payable is RM170mil, for another 3 years, will be RM510mil to go.
2. Purely depend on highway toll fee, from latest Q3 report, collection is RM30mil for 3 quarters, annualise to be RM40mil, it just good for operation and maintenance expenses.
3. WCE is planned for inter-state travel, the car flow will not be as DUKE as city travel, is we take 50% cut, it asset value could only be RM8bil, 80% of WCE is RM6.4bil, which is about RM2.00 per share. To reach that level, it will take another 2.5 years. Total is 5 years.

Posted by Husky78 > 2023-05-13 10:36 | Report Abuse

Good sharing, Thanks.

Posted by Husky78 > 2023-05-13 10:41 | Report Abuse

Skynet, according WCEHB, section 7 can complete by end of 2024.what your opinion?

Posted by Husky78 > 2023-05-13 10:46 | Report Abuse

Albertyek, your prediction very near with skynet target price.

Posted by albertyek > 2023-05-13 11:01 | Report Abuse

Skynet prediction is based on extrapolation of analytics while mine is based on historical pricings