WCE HOLDINGS BERHAD

KLSE (MYR): WCEHB (3565)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.785

Today's Change

0.00 (0.00%)

Day's Change

0.78 - 0.79

Trading Volume

358,300

Overview

Market Cap

2,591 Million

NOSH

3,300 Million

Avg Volume (4 weeks)

531,276

4 Weeks Range

0.765 - 0.805

4 Weeks Price Volatility (%)

50.00%

52 Weeks Range

0.675 - 1.19

52 Weeks Price Volatility (%)

21.36%

Previous Close

0.785

Open

0.785

Bid

0.785 x 113,800

Ask

0.79 x 84,500

Day's Range

0.78 - 0.79

Trading Volume

358,300

Financial Highlight

Latest Quarter | Ann. Date

30-Sep-2024 [#2] | 28-Nov-2024

Next QR | Est. Ann. Date

31-Dec-2024 | 26-Feb-2025

T4Q P/E | EY

-21.66 | -4.62%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

0.29 | 2.73

T4Q NP Margin | ROE

-30.13% | -12.59%

Company Profile

Sector: CONSTRUCTION

Sector: CONSTRUCTION

Subsector: CONSTRUCTION

Subsector: CONSTRUCTION

Description:

WCE Holdings Bhd along with its subsidiaries is involved in investment holding. The company has toll concession, construction and others segments. Toll concession segment covers construction, management and tolling of highway operation. Construction segment comprises construction contracting and others segment includes leasing, management services and investment holding. The company mainly operates in Malaysia. Majority of its revenues come from toll concession segment.

Discussions
9 people like this. Showing 50 of 5,783 comments

DestinyL

Diesel rise, the lorries will rather forego the business just to save on fuel cost? They won't try to find alternative ways to charge back their customers, and just cut the trip (and lose the business)? If their biz totally screwed up by diesel cost and they close shop, will someone else who can make the cut takeover the biz?

Regarding taking less trip, that is cost optimization. Whether diesel rise or not, companies would already aim for cost optimization with less trip, not a new concept. Perhaps some would've only just woke up and realize they need to optimize their trip to save cost. I leave it to your imagination how many vehicles would be in this category

2024-08-25 21:14

Bitgold

Tan sri pang tee chew ..third substantial share holder buying wcehb share

2024-08-26 19:01

vespa

we need Singapore CPF to support

2024-08-29 09:36

speakup

https://theedgemalaysia.com/node/724955
wce losing money still want do charity
downgrade to sell

2024-08-30 15:15

MarketNavigator

They are doing for CSR report 😁

2024-08-30 16:15

Icon 888

Wait rm0.60

2 months ago

Icon 888

Waiting next Year

2 months ago

MarketNavigator

RM1 next year is more possible

2 months ago

shah800710

Plus highway market capitalisation in a making!

2 months ago

DickyMe

Flocking for halal food? Take it with a tanker load of salt.
It is propaganda insert.

2 months ago

rikki

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

9131

NICE CLOSING

2 months ago

rikki

Merdeka: Section 1 of WCE toll-free for a month from Aug 31
https://theedgemalaysia.com/node/724955

2 months ago

Icon 888

Wait crisis come baru masuk

2 months ago

albertyek

no crisis then go back cry with sis kakakakaka

2 months ago

BursaKakis

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

WCE will turn around in Q3 then

1 month ago

Lee_CK

MarketNavigator: We will see.
The toll collection of WCE Highway will show improvement.

1 month ago

Lee_CK

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

DestinyL

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

DestinyL

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

DestinyL

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

BursaKakis

Construction of West Coast Expressway will benefit Melaka — Chief Minister
https://theedgemalaysia.com/node/730808

1 month ago

BursaKakis

WCE to support Johor's economic growth — exco
https://theedgemalaysia.com/node/731639

1 month ago

MarketNavigator

Cool, WCE still holds strong during the market downturn

1 month ago

BursaKakis

Loke: WCE to ease NSE congestion, boost local economy
https://theedgemalaysia.com/node/732506

4 weeks ago

chamlo

WCE when can be profitable?

4 weeks ago

mf

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+

4 weeks ago

Bitgold

Up up

3 weeks ago

MarketNavigator

@chamlo. Hopefully we can see green in overall FY2025

3 weeks ago

bull500

Will WCEHB gets the Banting to Gelang Patah highway concession? Any idea?

3 weeks ago

albertyek

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

2 weeks ago

bull500

That's good, thanks

2 weeks ago

newbie5354_

Even WCE get Banting to Gelang Patah highway concession so more loss ahead? How many years WCE run current highway still loss?

2 weeks ago

newbie5354_

If loss continue not RI ahead?

2 weeks ago

vespa

Poorly managed....best have emigrated leaving rubbish to run companies

2 weeks ago

Bitgold

Black Rock own wcehb 0.2%...till today

2 weeks ago

MarketNavigator

Is BlackRock on the top 30 shareholder list?

2 weeks ago

Bitgold

Another company from virginia island have 10% wcehb share

2 weeks ago

Bitgold

Total warrant issue 452milliin share ..400 million + had converted ...market left not more then 50 million warrant

2 weeks ago

diuleiloumei

PN17 please

5 days ago

BursaKakis

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.

5 days ago

Bitgold

Means another 5x Rm10 million or less to complete the highway ....Heng .ong ..huat

5 days ago

Post a Comment