KLSE (MYR): WCEHB (3565)
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Last Price
0.79
Today's Change
-0.005 (0.63%)
Day's Change
0.785 - 0.80
Trading Volume
397,300
Ann. Date | Date | Type | Units | Price | View |
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https://theedgemalaysia.com/node/724955
wce losing money still want do charity
downgrade to sell
2024-08-30 15:15
Cheap stays and tasty halal eats: Nearly 100,000 Malaysians flock to southern Thailand for long Malaysia Day weekend
https://www.malaymail.com/news/malaysia/2024/09/17/cheap-stays-and-tasty-halal-eats-nearly-100000-malaysians-flock-to-southern-thailand-for-long-malaysia-day-weekend-pumping-over-rm129m-into-local-economy/150660
2 months ago
Flocking for halal food? Take it with a tanker load of salt.
It is propaganda insert.
2 months ago
Chow Kon Yeow Misses Event After Being Stuck In Traffic For 9 Hours On North-South Expressway
A combination of public holidays, including Malaysia Day, Prophet Muhammad’s birthday, and school holidays, led to a massive traffic jam on the northbound lane of the North-South Expressway on Sep 14, 2024.
Penang Chief Minister Chow Kon Yeow was among the many travellers affected by the gridlock, causing him to miss an important banquet in his constituency.
Chow had been attending the launch of the 100th Malaysia Agriculture, Horticulture, and Agro-tourism Exhibition (MAHA 2024) in Serdang, Selangor, officiated by Prime Minister Dato’ Seri Anwar Ibrahim.
According to Oriental Daily, during the Zhongyuan Festival banquet, Penang Chinese Town Hall Vice Chairman explained Chow’s absence, noting that the Chief Minister had been caught in traffic for nine hours on his way back from Selangor.
2 months ago
Merdeka: Section 1 of WCE toll-free for a month from Aug 31
https://theedgemalaysia.com/node/724955
2 months ago
WCE: Selangor, Perak expected to benefit economically
https://www.nst.com.my/news/nation/2024/08/1099137/wce-selangor-perak-expected-benefit-economically
2 months ago
Toll collection on Section 1 of WCE to commence on Sept 30 after month-long toll-free operation
https://theedgemalaysia.com/node/728321
2 months ago
MarketNavigator: We will see.
The toll collection of WCE Highway will show improvement.
1 month ago
https://www.orientaldaily.com.my/news/business/2024/10/12/685742
WCE will have a new plan from Banting, Selangor to NUSAJAYA, Johor. I found the news from Oriental News Paper, refer to the attached link.
My question: Will it cause the share price to remain dropped as last time during the construction (Share Price: RM0.21 - RM0.27, for may years).
1 month ago
The Public-Private Partnership Masterplan 2030 (PIKAS 2030) launched in September signals the Government's intention to expedite infrastructure expansion by leveraging on private sector resources. Key potential projects (which probably never made public headlines) highlighted under PIKAS 2030 include the Kuantan-Singapore Expressway, expansion of the West Coast
Expressway (Banting-Nusajaya), Klang Logistics Corridor, Kuala LumpurKlang Expressway, and Pasir Gudang Expressway among others.
1 month ago
In the long run its definitely a good news
If they could expedite completion of existing sections before embarking on the extension towards Johor, it may not dampen the near term prospects so much
1 month ago
Banting to Johor is a long long way to go, perhaps another 5 years at least lol
But it is exciting to think of perhaps Banting to Port Dickson to Melaka to Johor
1 month ago
Construction of West Coast Expressway will benefit Melaka — Chief Minister
https://theedgemalaysia.com/node/730808
1 month ago
WCE to support Johor's economic growth — exco
https://theedgemalaysia.com/node/731639
1 month ago
Loke: WCE to ease NSE congestion, boost local economy
https://theedgemalaysia.com/node/732506
1 month ago
Sector Focus: Despite the ongoing market volatility, we believe the weaker ringgit at RM4.375/USD could lift sentiment in export-oriented sectors such as Gloves and Technology. Additionally, the Plantation sector is likely to trend positively in line with the CPO price rally, while the O&G sector could benefit from the rebound in oil prices amid unresolved tensions in the Middle East. For defensive plays, we favour the Consumer sector, with companies like MRDIY and 99SMART being attractive options.
Stocks to watch:
Plantation: JTIASA, SDG, *SOP*
O&G: *DELEUM*
Gloves: *HARTA*
Consumer: *MRDIY*
Technology: *NATGATE*
Construction: GAMUDA
Property: IOIPG
Source: M+
1 month ago
of course it should be WCEHB in getting the job done all the way to Gelang Patah or at least it will get the main concession
3 weeks ago
Even WCE get Banting to Gelang Patah highway concession so more loss ahead? How many years WCE run current highway still loss?
3 weeks ago
Total warrant issue 452milliin share ..400 million + had converted ...market left not more then 50 million warrant
2 weeks ago
Q2 Sep 24 report dated 28 Nov 2024
Revenue improved by 100 % QoQ from RM75.570m to RM151.162m and net loss reduced by 59% QoQ from (25,858m) to (RM10,584m)
During the quarter under review, Section 1 (Banting – SKVE) of the WCE Project opened for
traffic on 31 August 2024 and toll collection commenced on 30 September 2024. The recent
openings of Sections 1, 6 and 11 have significantly amplified WCE’s daily traffic volume,
whereby the sectional average daily traffic for the current financial period increased by a
significant 83% compared to FY2024. During the Raya festive period in April 2024, the traffic
volume achieved a peak of 350,000 sectional average daily traffic, a significant 150% surge from
the previous record in December 2023 of 140,000 sectional average daily traffic.
The concession segment has reported a loss before tax in the current quarter mainly due to interest
expense incurred in relation to project financing for completed sections of the WCE Project. In
accordance with MFRS 123, an entity shall cease capitalising borrowing costs when substantially
all the activities necessary to prepare the qualifying asset for its intended use is complete. The
interest expense was capitalised as part of the infrastructure development expenditure prior to the
completion of construction works. Upon the completion of sectional construction, the interest
expense for these sections will be charged to the statement of profit or loss. The Group is expected
to incur losses in the early years of toll operations due to the cessation of capitalisation of interest
expenses for completed sections. Despite the loss before tax, the Group recorded an earnings
before interest, taxes, depreciation and amortisation (EBITDA) of RM38.2 million for 2Q
FY2025 (2Q FY2024: RM10.6 million), indicating the Group is profitable at an operating level.
The construction of Section 2 (SKVE – Shah Alam Expressway (KESAS)) has been completed
and is currently at the inspection stage with an opening date imminent. The completion of this
section will also provide a connection to the Shah Alam Expressway (KESAS), which would
enhance the accessibility and connectivity of these areas along the alignment.
The construction for the final 3 sections namely, Section 3 (KESAS – Federal Highway Route 2),
Section 4 (Federal Highway Route 2 – New North South Klang Straits Bypass (NNKSB)) and
Section 7 (Assam Jawa – Tanjung Karang) is currently ongoing.
Going forward, the additional sectional toll revenue is expected to further improve the future
financial performance of the Group in terms of cash flows and operating results. In the long run,
once the entire alignment of WCE is fully operational, the Group expects a shift towards
profitability as revenue growth outpaces interest cost.
1 week ago
Means another 5x Rm10 million or less to complete the highway ....Heng .ong ..huat
1 week ago
WCE narrows loss to RM10.58 mil in Q2
https://www.nst.com.my/business/corporate/2024/11/1141022/wce-narrows-loss-rm1058mil-q2
1 week ago
Bitgold
Tan sri pang tee chew ..third substantial share holder buying wcehb share
2024-08-26 19:01