In the last 50 years, Malaysian government built 2 major (long) highways i.e NSE and WCE. I was stubborn not to buy PLUS when this stock was listed in KLSE because of losses in the quarter results before the highway was completed. I learned my lesson not to miss out WCEHB. This is a lifetime opportunity to buy WCEHB, not to miss out again. If you miss out WCEHB again, I am worried you will not have this opportunity again in your lifetime. Opportunity hits but twice. Do not miss out WCEHB.
Hahaha Blower Speakup panic already. If excluding the interest expenses, the operation is profitable. --------------- This posting should worth A1 if you take the exam. This posting is factual. This stock definitely should not become PN17.
WCE Holdings is targeting to complete another four sections by March 31, 2024. These are Section 1 (Banting - South Klang Valley Expressway or SKVE); Section 2 (SKVE - Shah Alam Expressway or Kesas); Section 6 (Bandar Bukit Raja Utara - Assam Jawa) and Section 11 (Beruas - Taiping South)
Goal post shift again by 3 months, hopefully no more shift
3 years back I was considered to buy mother or wf. I make many possible roi calculations and scenarios and finally I choose to buy wf. You know what the roi is actually not deviated too much compare mother and wf. The only difference is the initial invested capital is lesser by half if I bought wf at that time.
Road to profitability is far but that's the whole idea of long term investment. Gotta ride out the bumpy roads and can't pay too much attention to naysayers. Gotta pay close attention to the status of completion... So long they can complete this the profit will come. I pray these guys don't screw up the construction
I hope the lowest has been formed soon. The share price will continue to move up north as the completion time is getting nearer and nearer. I hope this upward movement is the only way up, the only one way up to the rooftop. My 2 cents comments.
Don't expect much movements here for the next 3-5 months. I'm praying they can complete per time line and no sudden construction hiccups. Then we should be good
WCE shifting goal post for another quarter is bad already You can imagine yourself how screwed up their project team is, and maybe even they just simply agak agak the completion %. Either that, or the management simply cough up the numbers without going through project team. They already mentioned few months ago that all road blocks already cleared.
Furthermore, how sure are you they cannot just simply shift the goal post again 3 months down the road??
I also don't see any official notice or apology that they need to shift the goal post
The only consolation now, is that full project completion still stands at end 2024 In fact, better we just shift the goal post ourselves to assume it would be end of financial year end, just to be safe
As per my doubt earlier that they able to open up the toll in Selangor stage by this year end, now delayed to 31 March, tentatively. Anyway, 60c..... 60c.......
Selangor up to date only that bukit raja to kapar road is collecting toll. Many interchange still under construction as seen on drone vedio in YouTube.
Early Jan 2023 price 30 sen Early Mar 2023 price 38 sen Early May 2023 price 55 sen Early July 2023 price 70 sen End Aug 2023 price 60 sen End See 2023 price 55 sen End Oct 2023 price 48 sen End Dec 2023 price 38 sen
let see whether u right. just a few more days left for Aug. if hit your prediction 60sen, then must throw already cos your other prediction might be also true
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Felix888
3,376 posts
Posted by Felix888 > 2023-08-23 23:48 | Report Abuse
Hahaha Blower Speakup panic already. If excluding the interest expenses, the operation is profitable.
Tapi including interest expenses, sudah hancur.