Posted by paperplane2016 > 2016-07-20 13:48 | Report Abuse

RAM Ratings has reaffirmed the ratings of Tranche 1 and Tranche 2 of West Coast Expressway Sdn Bhd’s (West Coast or the Company) RM1 billion Guaranteed Sukuk Murabahah Programme (2015/2036) at AAA(bg)/Stable and AAA(fg)/Stable, respectively. The ratings reflect irrevocable and unconditional Kafalah extended by AAA-rated Bank Pembangunan Malaysia Berhad and Danajamin Nasional Berhad, which enhance the Sukuk’s ratings beyond West Coast’s stand-alone credit strength.

Posted by LGMGL > 2016-07-28 13:42 | Report Abuse

Its warrant expired next month... Will operator push up the mother share to above exercise price of warrant...?

Posted by paperplane2016 > 2016-07-28 14:07 | Report Abuse

no worry, next few month BOND issuance coming

Posted by paperplane2016 > 2016-07-28 14:08 | Report Abuse

http://www.ram.com.my/pressReleaseView.aspx?ID=5231d0fb-b799-4631-b0c5-948a803c474e

Posted by paperplane2016 > 2016-07-28 14:11 | Report Abuse

RAM Ratings has reaffirmed the ratings of Tranche 1 and Tranche 2 of West Coast Expressway Sdn Bhd’s (West Coast or the Company) RM1 billion Guaranteed Sukuk Murabahah Programme (2015/2036) at AAA(bg)/Stable and AAA(fg)/Stable, respectively. The ratings reflect irrevocable and unconditional Kafalah extended by AAA-rated Bank Pembangunan Malaysia Berhad and Danajamin Nasional Berhad, which enhance the Sukuk’s ratings beyond West Coast’s stand-alone credit strength.

Posted by paperplane2016 > 2016-07-28 14:11 |

Post removed.Why?

Posted by paperplane2016 > 2016-07-28 14:13 | Report Abuse

Based on RAM’s sensitised cashflow analysis, West Coast would face a shortfall in meeting its profit payments in August 2018 and in completing construction, necessitating shareholder support during construction. The Company expects to refinance a lumpy repayment of a syndicated term loan for the Project by FY Mar 2028. On this note, the long remaining life of the concession (at least 36 years) provides room for such an exercise, and West Coast’s cashflow over the concession period is envisaged to be able to support all its debt repayments. In addition, a government support loan provided for the Project has been structured on repayment terms that do not constrain West Coast’s financials.

Posted by LGMGL > 2016-07-29 08:42 | Report Abuse

thanks paperplane2016

Posted by kt888 88 > 2016-08-02 14:00 | Report Abuse

Accumulated some at 0.92

Posted by paperplane2016 > 2016-08-02 14:04 | Report Abuse

After 2018 more interesting. Till then high capex

Posted by yewniengwei2693 > 2016-08-06 10:03 | Report Abuse

Stuck in the bond & exchange mother share need to pay higher premium? What's this stock?

Posted by nicholai1983 > 2016-08-06 10:07 | Report Abuse

this is talam mother company. rubbish like talam

Posted by paperplane2016 > 2016-08-08 09:43 | Report Abuse

pls do homework before open stupid mouth

Posted by tiptop168 > 2016-08-09 10:19 | Report Abuse

Keuro-w last trading tomorrow ..kill all the w holder...including me.

Posted by jsflim > 2016-08-11 10:48 | Report Abuse

count me in, warrant just burned like that

Posted by Follower178 > 2016-08-14 12:27 | Report Abuse

Paperplane, do you check why the company have a huge jump in the revenue

Posted by paperplane2016 > 2016-08-24 18:05 | Report Abuse

this stock no need see result. Buy and keep till your children graduate or give grandson!
MINI PLUS! WCE, damn good prospect, all big boy here, MAMEE boss, MAGNUM boss, IJM, all big water pipe!
This WCE will be hot cake! why? PLUS every yr JAM, jam jam like mad! PPL will use WCE as alternative, and their highway shorter to reach destination if you study the line!

Posted by paperplane2016 > 2016-08-24 18:13 | Report Abuse

For the quarter:
The Group recorded revenue of RM236.3 million in the current quarter compared to RM163.9 million in the preceding year quarter. The increase is largely due to higher construction revenue recognised in the current quarter pursuant to IC Interpretation 12 (IC12) Service Concession Arrangements pertaining to the highway project.
The Group recorded a pretax profit of RM10.3 million in the current quarter compared to a pretax profit of RM12.1 million in the preceding year quarter. The lower profit is due mainly to the lower share of results of associates, lower distribution income from unit trusts investments and lower fair value gain on other investments in the current quarter.

Posted by paperplane2016 > 2016-08-24 18:13 | Report Abuse

The Group recorded revenue of RM236.3 million in the current quarter compared to RM210.8 million in the preceding quarter, attributed to the to the higher construction revenue recognised pursuant to IC Interpretation 12 Service Concession Arrangements.
The Group recorded a pretax profit of RM10.3 million in the current quarter compared to a pretax profit of RM2.7 million in the preceding quarter. The profit is higher in the current quarter attributed mainly to RM6.9 million provision for impairment on receivables made in the preceding quarter.

Posted by paperplane2016 > 2016-08-24 18:14 | Report Abuse

(a) The West Coast Expressway (WCE) Project involves the development of a 233 kilometres tolled highway from Banting, Selangor to Taiping, Perak (including 40 kilometres of highway to be constructed later). The WCE Project is a build-operate-transfer project with a concession period of up to a maximum of 60 years. The total project cost is approximately RM5,900 million and revenue from sectional toll collections is expected to commence in 2018. The Construction Commencement Date was set on 25 August 2014 and will take five years to complete. Currently, the construction is ongoing.

Posted by paperplane2016 > 2016-08-24 18:14 | Report Abuse

For the coming financial year, Bandar Rimbayu is expected to deliver satisfactory performance on the back of the unbilled sales and positive response to its recent sales launches.

Posted by paperplane2016 > 2016-08-24 18:14 | Report Abuse

The Company is also participating in the construction of the WCE as the IJMC-KEB Joint Venture has been appointed as the Turnkey/Engineering and Procurement Contractor for the WCE highway project.

Posted by paperplane2016 > 2016-08-24 18:14 | Report Abuse

Barring any unforeseen circumstances, the Group expects the results for the current financial year to be satisfactory

Posted by chonghai > 2016-10-03 23:38 | Report Abuse

Very little research about this counter, probably due to the bad image of TALAM and long delay associated with WCE.
Buy WCE and EKOVEST and can keep for 10 years !

Posted by paperplane2016 > 2016-10-04 06:46 | Report Abuse

Can keep next 5years at least. Toll biz good.

Posted by moneySIFU > 2016-10-04 12:27 | Report Abuse

paperplane really focus on tolled highways

Posted by chamlo > 2016-11-06 19:02 | Report Abuse

Family to sue over pile driver mishap
http://www.thestar.com.my/news/nation/2016/11/06/family-to-sue-over-pile-driver-mishap/

Posted by popo92 > 2016-11-20 23:23 | Report Abuse

This counter is a truly gem for long term if one look in deeply.

Posted by firehawk > 2016-12-20 16:13 | Report Abuse

flat thing .....

Posted by tiptop168 > 2017-01-12 10:29 | Report Abuse

up..up..up..

Posted by sheep > 2017-01-12 10:45 | Report Abuse

why up?

Posted by sheep > 2017-01-12 10:48 | Report Abuse

need to push up to 1.20 to issue new warrants?

Posted by gabriel1985 > 2017-01-12 10:54 | Report Abuse

good one, haha.

Posted by Collin Soo > 2017-01-12 11:04 | Report Abuse

Contract awarded?

Posted by tiptop168 > 2017-01-12 11:09 | Report Abuse

please don't sell now. keep until 1.20

Posted by fattycat > 2017-01-12 12:01 | Report Abuse

aiya... i still waiting mega sales.. more expensive now :(

Posted by thesteward > 2017-01-12 18:52 | Report Abuse

:-)

Posted by manji > 2017-01-13 00:44 | Report Abuse

every stock can goreng this month >.<
close your eyes cincai tembak also kena

Posted by MomentumInvesting > 2017-01-14 21:26 | Report Abuse

http://klse.i3investor.com/blogs/MomentumInvesting88/113500.jsp

Posted by member41 > 2017-01-17 14:54 | Report Abuse

104 already. Keep going.

Posted by saydon > 2017-01-23 11:49 | Report Abuse

back to 0.90 soon

Posted by firehawk > 2017-01-24 09:52 | Report Abuse

after buying this one may needs a lot of patience ... will only buy, when price lower ....

Posted by gohsc > 2017-01-26 21:00 | Report Abuse

I think this is going to be privatised soon. This is just a guess judging from the trading patterns

Posted by popo92 > 2017-01-27 11:18 | Report Abuse

actually the major shareholder entry prices were higher

Posted by member41 > 2017-01-31 16:26 | Report Abuse

115 googogo

Posted by Frank Soweto > 2017-02-02 04:28 | Report Abuse

sotong! LOL something's brewing n hope not speculative goreng LOL

Posted by Collin Soo > 2017-02-02 22:35 | Report Abuse

Ekovest and WCEHB rising together. Both are highway toll operator.

Posted by paperplane2016 > 2017-02-06 01:40 | Report Abuse

Never expected. So fast. This for next yr....

Posted by gift > 2017-02-06 10:32 | Report Abuse

Goes up too fast. Be careful all.

Posted by popo92 > 2017-02-06 22:01 | Report Abuse

WCE used 5.9billion to build this highway project, what is the value of this highway project? I am very confident it should be not less than its cost.