Posted by soon9913 > 2 months ago | Report Abuse

https://www.edgeprop.my/content/1905453/ekve-91-completed-be-opened-stages-2024-says-works-ministry

Posted by kong73 > 2 months ago | Report Abuse

2 qtrs of profitability for AZRB deserve a higher price rerating!

Posted by kong73 > 2 months ago | Report Abuse

The EKVE project was 85.74% complete as of Jan 25. Work on site has resumed, focusing on completing the first section of the highway (Sungai Long-Ampang), which is expected to open in the third quarter of this year.

Posted by remus17 > 2 months ago | Report Abuse

break 24.5, hope pass 26.5 soon............

Posted by soon9913 > 2 months ago | Report Abuse

The highway is surely hot one... Many ppl from SG long and mahkota cheras will be using to avoid internal jam

Posted by soon9913 > 2 months ago | Report Abuse

Most important is holding Ekve cost rm2billion that will be opening soon in few months time..

Posted by soon9913 > 2 months ago | Report Abuse

Don't be surprise the share price limit up few times once partial highway is open

Posted by soon9913 > 2 months ago | Report Abuse

Partially opening from SG long and Mahkota cheras to Ampang is strong demand.. Those staying at that area know what I meant

Posted by scjm > 2 months ago | Report Abuse

no 40 sen no sell

Posted by remus17 > 2 months ago | Report Abuse

hurray...........29.5

Posted by scjm > 2 months ago | Report Abuse

yes very undervalue... just look at its gigantic pile of cash in contrast to its paid up capital would set it off easily to 50 sen...now with the bullish construction sector

Posted by mistaFAD > 2 months ago | Report Abuse

Hope GU next week…looking for 35 cent okay👌 ka?

Posted by soon9913 > 2 months ago | Report Abuse

Anyone has latest update for ekve?

Posted by HengyuanZai > 2 months ago | Report Abuse

YouTube last updated was 8 months ago .. however I saw one video 10 days ago langat 2 landfill video , can see the EKVE highway at mahkota cheras haven't have any paint job yet . Maybe the last thing they will do is painting and removal of weed grasses. Ampang - mahkota should be open first..

Posted by soon9913 > 2 months ago | Report Abuse

Look at the video.... It seem completed and opening soon... Only left minor work and touch up

Posted by soon9913 > 2 months ago | Report Abuse

The road line painting and weed grass cleaning can gaodim very fast

Posted by didi7349 > 2 months ago | Report Abuse

Tp RM 1 like wcehb?

Posted by soon9913 > 2 months ago | Report Abuse

Price hit 0.4- 0.5 is possible once partial opening of EKVE

Posted by soon9913 > 2 months ago | Report Abuse

https://www.caricarz.com/detail/amp/en/news/grand-saga-highway-announces-improved-new-morning-tidal-flow/12675

Posted by soon9913 > 2 months ago | Report Abuse

U stay in SG long / Cheras Mahkota area then u will know how important this Ekve highway to the residents there

Posted by HengyuanZai > 2 months ago | Report Abuse

Yes I live in cheras and traffic jam is crazy than ever before. Especially during weekends, weekdays better a bit becuz got SUKE,but still jam

Posted by HengyuanZai > 2 months ago | Report Abuse

Soon also live cheras ? Mahkota interchange the road to interchange still bad. Yesterday I went and see alrdy

Posted by soon9913 > 2 months ago | Report Abuse

Mahkota interchange road can go in? Tot there is road block not allowed going further

Posted by HengyuanZai > 2 months ago | Report Abuse

No it's blocked but the road to there a lot bumps and potholes need to be fixed later

Posted by soon9913 > 2 months ago | Report Abuse

If short distant of interchange road, it should be able to fix later and fast as currently still got lorry using that road I guess

Posted by loong80 > 2 months ago | Report Abuse

Is AZRB getting another highway concessionaire ? KL Node highway?

Posted by HengyuanZai > 2 months ago | Report Abuse

Soon99 u should go see if u live in cheras
Loong: no way they get another concession. Sglong- mahkota also haven't complete , ukay perdana too

Posted by loong80 > 2 months ago | Report Abuse

KL Node highway is already approved by the government. And AZRB is the proposer.

Posted by HengyuanZai > 2 months ago | Report Abuse

Hardly to get based on their current financial situation

Posted by soon9913 > 2 months ago | Report Abuse

As for new highway projects, anything is possible as they get long term borrowing to build the highway.. And borrowing usually also guaranteed by the government.

Posted by soon9913 > 2 months ago | Report Abuse

Now is still Jun, AZRB target partial opening Mahkota Cheras to Ampang by Sep 24. Wait and see if they can meet their target time line or postpone lo

Posted by soon9913 > 2 months ago | Report Abuse

But anyhow the highway is near to the completion.

What investors here concern is the car footflow of the highway only? Personal I would think that highway wouldbe popular due to huge population and very bad jam area.. And connect to silk highway can be access with more users from Kajang/ Semenyih residents also

Posted by soon9913 > 2 months ago | Report Abuse

Biggest risk already over.. Concern about highway not able to complete due to short of fund.. But this highway is nearby completion.

Accessibility of the highway whether will have many users?
If u are familiar with that area the answer would be yes.

With 30cents and market capital less than rm200m own already invested rm2b highway, Turn profitable construction and oil and gas Biz... Don't you think the price is damn cheap?

Posted by HengyuanZai > 2 months ago | Report Abuse

Comparable to Litrak if everything goes well. Ldp ,400k cars , ekve 140k cars ( previous estimate) . I think once fully operate will have 200k daily cars. Have to settle UKay perdana section. And also direct link to Karak highway due to deforestation environmental issue.long way to go for azrb..

Posted by scjm > 2 months ago | Report Abuse

if closed above 30.5 it would have a fast run up towards 40

Posted by scjm > 2 months ago | Report Abuse

tambah lagi at 29 after that last add on at 25.5

Posted by remus17 > 2 months ago | Report Abuse

yes, good to add at 29, it will up higher

Posted by mistaFAD > 2 months ago | Report Abuse

Add on 0.29 let see how

Posted by Richdady > 2 months ago | Report Abuse

Hopefully tomorrow rebound back

Posted by ybss99 > 2 months ago | Report Abuse

Up is dim, could be sideways. But I will hold until my tp

Posted by scjm > 2 months ago | Report Abuse

handbrake likely releasing for price to go up to 29-31

Posted by scjm > 2 months ago | Report Abuse

index found support at 1590 (50MA) and to rebound to 1600

Posted by scjm > 2 months ago | Report Abuse

rally to continue upon breaching 1602

Posted by scjm > 2 months ago | Report Abuse

2 minggu nanti, uang besar bisa

Posted by necessity > 2 months ago | Report Abuse

True the highway is the highlight..
but some of us dont know that AZRB secured few other projects on construction, including the maintenance.
oil and gas(TBSB)projected to breakeven by this year and continue making profit.
in fact, TBSB will soon will under the spotlight since currently they hosting and cater major drilling for hibiscus, HESS production, with Keyfield and Sapura the latest operating from TBSB. Petronas also has confirmed and 2025 planning draft is on the making..
by the time the highway full operating, other sectors have covers all the current /past fiscal deficit. All seem going well on their favors..
hopefully AZRB dont F@^k up this..

Posted by HengyuanZai > 2 months ago | Report Abuse

Well the plantation business in Indonesia is definitely a blow to them. Cpo at high price also can't earn money, meaning the plantation has failed. Getting rid of it is good choice..

Posted by necessity > 2 months ago | Report Abuse

@HengyuanZai
that plantation almost sink them last time..
till the day of palm oil price return, it will drag AZRB go down with it..

Posted by scjm > 2 months ago | Report Abuse

just wait for breakout 29 to retest 32...short term trend is UP...no problem one

Posted by necessity > 2 months ago | Report Abuse

@scjm
'just wait for breakout 29 to retest 32...short term trend is UP...no problem one'

we on the same page on this one..

Posted by scjm > 2 months ago | Report Abuse

yup after sold plantation cash 430m more than double paid up 190m...put money take money pasti