Posted by wahidul > 2023-07-07 16:23 | Report Abuse

I’ll be satisfied with any closing above 68 today,given the poor mkt condition

Posted by Hemsley > 2023-07-07 16:30 | Report Abuse

Push to lower is OK. You all can top up since all your target price are so high.

Posted by Edge > 2023-07-07 16:49 | Report Abuse

To "bulls", don't disappointed didn't touch 70c today. Minggu depan high chance. kena sabar sikit. To "bears", don't disappointed no sell down today. Harap dapat buy back if sold earlier. Counter establishing new base for go to next level...

Posted by albertyek > 2023-07-07 16:49 | Report Abuse

RM0.68 good job people

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

Today's volume is good, but a lot of profit taking in place. Need a bit more time for it to break 70c.

Posted by DestinyL > 2023-07-07 17:06 | Report Abuse

Probably going to sideways until fresh news comes about

Posted by rchi > 2023-07-07 17:31 | Report Abuse

dow dropped 366 n hawkish fed minutes have no impact on bulletproof ctr wcehb n it went to near term high.next week show on

Posted by Edge > 2023-07-07 18:48 | Report Abuse

https://theedgemalaysia.com/node/673997

Posted by Edge > 2023-07-07 18:54 | Report Abuse

Tengok ada major shareholders beli shares. Kasi lagi boost investor confidence

Posted by wahidul > 2023-07-07 19:10 | Report Abuse

Edge- great article abt WCE,more than 60% shareholding by substantial shareholders including IJM

Posted by wahidul > 2023-07-07 19:13 | Report Abuse

we better get in before EPF PNB KWAP become substantial shareholders ha ha

Posted by Edge > 2023-07-07 19:14 | Report Abuse

you are right Wahidul

Posted by Edge > 2023-07-07 19:15 | Report Abuse

Wahidul, siapa org itu you warn us...that say WCE will fall badly...sampai 30c if x silap...i sudah lupa nama dia..

Posted by wahidul > 2023-07-07 19:40 | Report Abuse

Edge,sya pun dah lupa nama dia,dia short seller,smua thread pun dia masuk kacau ,rasa2 dia sdh kna basuh cukup2,ha ha,sdh lama dia x muncul,sdh tenggelam kot

Posted by Edge > 2023-07-07 19:47 | Report Abuse

Saya setuju dgn u 100%, better get it or buy more, sebelum PNB, EPF dll masuk...dia org bukan bodoh...boleh hidu peluang. Better help spread news to fellow investor, friends, relatives etc...better buy before too late. Bila dia org masuk, price boleh lonjat dgn amt cepat.

Posted by bull500 > 2023-07-07 19:55 | Report Abuse

why no analyst cover this counter?

Posted by speakup > 2023-07-07 19:58 | Report Abuse

rm1 coming

Posted by Creszz > 2023-07-07 19:59 | Report Abuse

itu Michael Kwok i think 1 month ago he said tp 0.30 lmao. and almost all counter he go and gave low tp.

Posted by wahidul > 2023-07-07 21:11 | Report Abuse

bull 500,it’s only a matter of time before analysts cover this stock,once target price set,the price will skyrocket straight to the moon

Posted by speakup > 2023-07-07 21:31 | Report Abuse

Yes speakup was a former shareholder of Litrak up until privatisation. Made a cool 25k from it. ALR the best!

Posted by Edge > 2023-07-07 21:40 | Report Abuse

@Creszz - thank you. @Michael Kwok - if you still in this forum, let us know if you have any (different) views from last time ya. Or maybe now u go long, become bullish.

Posted by albertyek > 2023-07-07 21:41 | Report Abuse

I myself have ready made RM98k on paper value from WCE since I first invested RM100k back in 2021

Posted by speakup > 2023-07-07 21:50 | Report Abuse

Yes all win, all happy

Posted by Edge > 2023-07-07 22:09 | Report Abuse

Pang - i see you good in calculations. able share indicative value and share price. u very humble to call others sifu. By any chance you related to one of the major shareholders of wce? haha :))

Posted by bull500 > 2023-07-07 22:10 | Report Abuse

https://wce.com.my/project-updates/

Posted by DestinyL > 2023-07-07 22:45 | Report Abuse

Good spot bull500
Seems like satisfactory progress for June
Another small boost perhaps

Posted by Edge > 2023-07-07 22:55 | Report Abuse

Just imagine, only 4 out of 11 tolls opened now. Lagi, major ones belum buka. Skrg baru 67.5c, imagine kalau semua toll buka!!

Posted by DestinyL > 2023-07-08 07:47 | Report Abuse

Possible already priced in for the upcoming sections to open end of this year

Posted by speakup > 2023-07-08 08:16 | Report Abuse

dont lah pour water into a flaming fire

Posted by albertyek > 2023-07-08 09:57 | Report Abuse

pour water into a fire fueled by petrol

Posted by rchi > 2023-07-08 12:16 | Report Abuse

Section 4 to be declared open anytime now,followed by sect 6.

Posted by rchi > 2023-07-08 12:17 | Report Abuse

sect 4 4.5 km
sect 6 21.8 km

Posted by rchi > 2023-07-08 12:19 | Report Abuse

Followed by sect 1 n sect 2 ,in the remaining 6 months

Posted by Johnzhang > 2023-07-08 14:01 | Report Abuse

in 2022 ALR paid the following generous amount to take over the soon to be expired highway concessions (let's omit Smart in the discussion) :
$1.19 bil for Kesas , 57.5 km concession expiring 2023(1 year left from 2022)
$2.21 bil for LDP, 40km concession expiring 2030 (8 years left from 2022)
$863 mil for Sprint ,26.5 km , concession expiring 2031/2034 (avg 10 years left)
Total sum paid for 3 highways = $4,263 mil
Total length for 3 highways = 124 km
Remaining concession live (weighted avg basis) = 5.2 years only !
(Note ; once concession expire, no toll would be collected)

Let's factor in the distance and concession remaining live into the equation :
ALR paid $4,263 mils for 124 km and for 5.2 years concession, ie $6.6 mil per km per concession year !

WCE is 233 km and remaining concession is 40+10 years (concession runs from 2013, 10 years lost!) . How much should it potentially worth ??

Posted by Johnzhang > 2023-07-08 14:45 | Report Abuse

Felix of WCE recently estimated 300,000 daily road users once the expressway is fully completed next year. Assuming this man on the job is realistic on his numbers, we shall
make a guess of the WCE's revenue for FY 2025.
For simplicity, let's use present Plus toll rate Taiping to Bukit Raja (klang) as equivalent to WCE full stretch (Taiping - Banting):
Class 1 (passenger 2-axle car) $30.42
Class 2 (2 axle truck) $55.50
Class 3 (3 or more axles truck) $74.10
Class 4 (taxi) $15.17
Class 5 (buses) $22.80
Assuming composition of vehicle classes is (70/10/10/5/5), the weighted average toll rate for full stretch is therefore $36.15 per user or $0.155 per user per km ($36.15/233km)
We will have users travelling long and short haul. Let's assume, the average distance travelled per user is 1/4 of the full stretch ( 233/4 =58 km only)

Toll revenue FY 2025 = 300,000 daily users x 365 days x 58km x $0.155 = $984 millions !
Operation cost before interest $200 mil/year ??
Interest expense (4% x 5bil ) $200 mil/year ??
That means, WCE will be profitable right from 1st year of highway fully opened.

Posted by rchi > 2023-07-08 15:13 | Report Abuse

Coldeye ady said WCE is PLUS2.This ctr will likely increase his wealth many times more.60 yrs concession! Thanks for the genius who offered this.

Posted by speakup > 2023-07-08 15:51 | Report Abuse

@rchi, coldeye bought at 89.7 sen in 2017 when highway not even constructed. Sekarang 2023 highway almost completed, but share price not even 70 sen!

Posted by rchi > 2023-07-08 16:43 | Report Abuse

Speakup,now you know why my first target is 90 sen :)

Posted by rchi > 2023-07-08 16:44 | Report Abuse

I m sure coldeye being himself would have collected all the way frm 90 to 14.

Posted by rchi > 2023-07-08 16:48 | Report Abuse

To build a similar highway in 2023 would probably cost twice the amount of wce ,factoring into rampant inflation last 3 yrs.The cost of wce is RM8 bil.Replacement cost would probably by 12 bil or more.Land acquisition costs would hv multiplied too.

Posted by rchi > 2023-07-08 16:49 | Report Abuse

It is totally reasonable to expect RM8 bil mkt capitalisation for wcehb,meaning RM 2.7 per share.

Posted by Johnzhang > 2023-07-08 16:52 | Report Abuse

Pang, can not calculate like that lah . But I like your calculation. Hahaha
For such generous price ALR offered to acquire the soon expired concession, it may means that toll business in Malaysia is very profitable.

——————————————————
Pang72 wrote:
Thanks John for additional point.
With $6.6 mil per km per concession year, WCE worth 6.6x233x50= rm76, 890mils.

This translate to rm25. 70 per share!!!!

Shit! This is the 天文数字！！

Posted by rchi > 2023-07-08 16:52 | Report Abuse

Wall street crowd play AI.We dont have AI,but we have wce,they dont.

Posted by rchi > 2023-07-08 16:58 | Report Abuse

Nvidia can increase 400%.Wcehb can also.

Posted by rchi > 2023-07-10 09:09 | Report Abuse

Rocket launched.

Posted by rchi > 2023-07-10 09:11 | Report Abuse

now the boys realized the value of wf

Posted by rchi > 2023-07-10 09:42 | Report Abuse

Mana wahidul? cantik nya ini bulletproof rocket

Posted by rchi > 2023-07-10 09:43 | Report Abuse

Kasi wf 50 sen minggu ni

Posted by DestinyL > 2023-07-10 09:46 | Report Abuse

WF grown up today, but I don't expect it to be able to pull off higher premium gap

Posted by rchi > 2023-07-10 09:49 | Report Abuse

Mother lets goto 80 sen