Posted by emma > 2013-12-20 09:37 | Report Abuse

Can buy this counter?

Posted by mikashearer > 2014-06-11 02:59 | Report Abuse

TP4.32
buy in you own risk

Posted by stockoperator > 2014-07-28 19:28 | Report Abuse

One of the most stable Business and earning in market i think.

Posted by stockoperator > 2014-07-28 19:30 | Report Abuse

I read that there would be toll rate hike in 2015 and 2016.

Posted by jeckcw > 2015-05-19 19:10 | Report Abuse

Toll hike is contracted
See public bank reports
Pe 15 is fair for monopoly business with 30% hike in sales price as margin of safety

Posted by Jeff91 > 2015-06-15 00:15 | Report Abuse

Wow..Profit margin is around 35%. Where to find this kind of business???

Posted by Sebastian Sted Power > 2015-06-16 10:45 | Report Abuse

epf everyday keep buying sure got reason one

Posted by mind_hack > 2015-06-19 10:01 | Report Abuse

toll hike possible this year?

Posted by rica7894 > 2015-08-03 16:17 | Report Abuse

Why Litrak value has emerged again ?


-The next toll hike for Litrak’s LDP concessions is scheduled in 2016 (entitled to a 48% toll increase from January 2016 under the concession agreement).

-SPRINT starts generating profit this year.
As a result of the improvement in traffic volume on SPRINT Highway plus the increase in toll rates on 1 January 2015, for Damansara and Kerinchi Links, as allowed for under the Concession Agreement, SPRINT finally managed to be in a profitable position for the current year ended 31 March 2015.


Why Litrak upgrade to buy?

Due to:
-steady dividend payout, dividends will be at least 20sen in FY16.
-growth certainty from rate hikes bound by the concession agreement (if the toll rates are not revised, it will get compensation from the goverment as stipulated in the CA).
-its stable earnings trajectory (defensive nature),
-traffic volume continues to grow.
-strong free cash flow.

Posted by jeckcw > 2015-08-12 00:32 | Report Abuse

thx EPF support litrak
My best hedge during dropping market

Posted by jeckcw > 2015-08-12 00:42 | Report Abuse

Beta of 0.18 as compared to tenaga 1.13
This counTer serve as good defensive stock
But maybe not for price at right now , which lack of margin of safety

Posted by kane > 2015-08-30 17:25 | Report Abuse

0.15 dividend just announced, ex date on 14/9

Posted by Jack Poi > 2015-09-15 18:39 | Report Abuse

What happens to LITRAK and the shareholders in 2030 when the concession expires? It is renewable?

Posted by 891088 > 2015-10-14 20:42 | Report Abuse

Who is the biggest share holder? Govt or individual

Posted by paperplane2 > 2015-10-15 08:31 | Report Abuse

shit...........increase LDP to 2.10, damn it..................fxxxxxxx

Posted by kane > 2015-10-27 21:36 | Report Abuse

Just wondering, will there be another increase to 3.10 in year 2016

Posted by kane > 2015-11-23 22:45 | Report Abuse

http://www.themalaymailonline.com/malaysia/article/minister-eight-highways-entitled-to-hike-toll-rates-next-year

KUALA LUMPUR, Nov 23 — Eight highways are entitled to increase toll rates next year, a minister said today after tolls in major highways in the Klang Valley were raised last month.

Works Minister Datuk Fadillah Yusof also said the government has already allocated RM593.32 million to compensate the highway concessionaires, in the event they are not allowed to hike their rates.

“I’m not deciding on whether there will be an increase or not. Those entitled to receive hikes for 2016 are eight highways,” Fadillah told Parliament here.

The highways with their respective entitled compensations are the North-South Expressway (RM214 million), Second Link Expressway (RM8.24 million), ELITE Highway (RM79.44 million), Butterworth-Kulim Expressway (RM3.11 million), Seremban-Port Dickson Highway (RM1.95 million), KESAS Highway (RM92.8 million), LDP (RM185.89 million) and the North Klang Straits Bypass Expressway (RM7.85 million).

Tolls at highways operated by 11 concessionaires were raised in October by between 20 sen and RM3.

These included Kuala Lumpur-Karak Highway (KLK), Maju Expressway (MEX), Kajang Dispersal Link Expressway (SILK), Duta-Ulu Kelang Expressway (DUKE), SMART Tunnel, KL-Kuala Selangor Expressway (LATAR), Sungai Besi Expressway (Besraya), New Pantai Expressway (NPE), Kajang-Seremban Expressway (LEKAS), Damansara-Puchong Expressway (LDP), and Western KL Traffic Dispersal System (SPRINT).

- See more at: http://www.themalaymailonline.com/malaysia/article/minister-eight-highways-entitled-to-hike-toll-rates-next-year#sthash.pggzMpvT.dpuf

Posted by sean > 2016-01-24 16:17 | Report Abuse

quite a great stock

Posted by moneySIFU > 2016-05-27 18:01 | Report Abuse

Very very quiet forum room

Posted by MoneyInTheAir > 2016-05-29 12:31 | Report Abuse

any upside for this counter?

Posted by younginvestor92 > 2016-06-02 19:14 | Report Abuse

I am gonna makan gao gao on this stock when market crash hiak hiak

Posted by paperplane2016 > 2016-06-22 20:01 | Report Abuse

Go denfensive, buy tollroad.

Posted by livelife > 2016-06-27 15:26 | Report Abuse

Buy a bit for steadiness

Posted by tradeview > 2016-06-29 11:20 | Report Abuse

great counter

Posted by Up_down > 2016-07-25 17:47 | Report Abuse

An attractive dividend yield stock to funds managers given its earnings growth potential for the next 3 quarters. Currently, Litrak offers a DY of 4.3% at dividend payout of 75% in net profit . If the company maintains 75% dividend payout ratio, DY will be likely increasing to 6% which is quite appealing to income funds .

Posted by tradeview > 2016-07-26 13:48 | Report Abuse

Another one of my favourites. TP for Litrak stands at RM 6.10 immediate TP. with DY of 4.1% and annualise PE of 10x for latest EPS following the increase in toll rate hike.

http://klse.i3investor.com/blogs/tradeview/99293.jsp

Posted by CUTLOSS > 2016-08-02 05:44 | Report Abuse

Peak price already. Cut now better than at RM 5.5/5.

Posted by Kevin Bc > 2016-08-02 12:22 | Report Abuse

when is the next toll hike ? any comment ?

Posted by Alex Tan > 2016-08-04 15:03 | Report Abuse

http://www.valueinvestingstock.com/single-post/2016/05/27/A-Cash-Cow-With-High-Profitability-1

Posted by dalpinia > 2016-08-09 15:29 | Report Abuse

next GE after BN loss, this will became plain paper

Posted by Ultramen > 2016-08-09 23:25 | Report Abuse

agree, it's overprice now.
Many ppl chasing divident stock until crazy already.

Posted by kane > 2016-08-31 14:34 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5193877

Posted by ooihk899 > 2016-10-17 11:39 | Report Abuse

wah! so quiet here, hopefully if gov allow toll rate hike, it will be above RM7

Posted by AhSeng > 2016-10-17 12:28 | Report Abuse

A Lai bo 7.00: tp Baru 6.50

Posted by ooihk899 > 2016-10-17 12:40 | Report Abuse

One thing I know is that when last Q result out, many research house also give target below 6, but EPF accum agressively. My assumption is this, when some fund want to buy, they will releaase some unfavourable report, when they want to sell, they will release sui sui report.

Posted by Up_down > 2016-10-17 13:49 | Report Abuse

Price is moving up like a snail. it's still much better than many companies.

Posted by ooihk899 > 2016-10-17 15:38 | Report Abuse

If you buy in last week of Mar 2015, the price was around 3.79,
as of today you make around 60%. I consider it quite fast already.

Posted by AhSeng > 2016-10-17 20:32 | Report Abuse

Support 6.00 Besok Jangan Pecah. If break next support on 5.90

Posted by AhSeng > 2016-10-18 21:02 | Report Abuse

Lagi tiga hari budget .Nak Tunggu sampai Baru jalan .kah

Posted by AhSeng > 2016-10-21 11:47 | Report Abuse

Betul Baru Mau jalan.Jilaka. t4 Hari ini

Posted by ooihk899 > 2016-10-21 13:26 | Report Abuse

Chill AhSeng, EPF control counter normally won't up so fast. u can check on them once every week is good enough unless u r playing short term.

Posted by cheeseburger > 2016-11-30 16:11 | Report Abuse

SELL call on LITRAK.

Posted by red_85 > 2016-12-02 04:57 | Report Abuse

sell sell sell

Posted by Why_ > 2017-02-09 23:12 | Report Abuse

BN burden rakyat with toll increase? Next GE change to Pakatan better.

Posted by Aucy86 > 2017-03-06 10:25 | Report Abuse

Can anyone explain why Litrak got high debt? It is expiring in 5 years time. Doesn't seem like management want to pay it and it is impossible to pay in such short period?

Posted by David Ng > 2017-05-26 08:56 | Report Abuse

Aucy86,
(As per last Q3 2017)
Borrowings
Non current 1,117,631
Current 110,000
Cash and cash equivalents at 31 December 426,005
Free cash flow per annum ~300M :).

Posted by shpg22 > 2017-08-13 23:04 | Report Abuse

With such strong FCF and growing, still the safest bet for dividend stock compare to others like DIGI, MAXIS, BJTOTO, YTL. Current price 5.85 @ P/E 13.9 is fair with DY of 4.3%. MAINTAIN BUY @ fair value 6.20.

Posted by Muarmali > 2018-03-14 12:25 | Report Abuse

good counter :)))

Posted by thiam1129 > 2018-04-30 11:51 | Report Abuse

Today big drop. Why?

Posted by BlackWhite > 2018-05-01 10:47 | Report Abuse

Stay away from tolls companies if opposition win they will slide