phew, felt so much better today!

human nature mah! let it be!

we need autonomy!

龙年 means long stocks! so don't u dare go short!

shenron, the wish-granting dragon, is going to wakeup big time soon.

haven't heard from kky for awhile and i thought he...

ytlp is a beauty!

najib got pardoned, ytl's chance of getting hsr has increased?

unlike malaysia, singapore doesn't do u-turn. this is a real and important project.

limit up!

i prefer 6.20

let the saga continues

lol, this berjaya consortium is like a rush job that got patched together before the rfi submission dateline.

i think that tp comes from "simply wall st", take it with a grain of salt

2 foolish customers

and none can hold a candle to ytl consortium

i hear mosquito buzzing!

ERL granted 30-year concession extension

The new supplementary concession agreement will enable ERL, which operates KLIA Ekspres and KLIA Transit, to implement a ‘market-driven’ fare structure.

Ameer Fakhri - 23 Jan 2024, 12:45pm

KUALA LUMPUR: Express Rail Link Sdn Bhd’s (ERL) concession agreement for train services to KLIA has been extended by another 30 years to 2059.

The new supplementary concession agreement will also enable ERL, which operates the KLIA Transit and KLIA Ekspres rail services from KL Sentral to KLIA, to implement a “market-driven” fare structure.

“Market-driven fare will free the government from the financial obligations of having to compensate ERL,” transport minister Loke Siew Fook said during a press conference here.

In a statement, ERL said the government would stop paying it fees or charges from the collection of passenger service charges (PSC) starting from 2029.

Apart from fare charges, ERL currently receives a percentage of the PSC charged for outbound international (RM5) and domestic passengers (RM1).

PSC collected from passengers at Kuala Lumpur International Airport terminals 1 and 2 are shared between MAHB and the government based on a formula. ERL gets a share of the portion the government receives.

In 2016, the government set the ceiling price at RM64. ERL has kept its fares at RM55 per trip since then.

“Under the new agreement, the government is also entitled to a 30% share of ERL’s profit, should a threshold be met,” Loke said.

The specified threshold is a 10% stakeholder internal rate of return (IRR) for the ERL.

IRR is a financial metric used to assess the profitability of an investment.

“We hope this new consensus will motivate ERL to continue its top service,” Loke said.

always enjoy a good laugh at this:

Posted by rr88 > Sep 8, 2023 5:06 PM | Report Abuse

After having another look at the chart, i bet my ass that it will hit 1.40 b4 the year is out. You can copy this n post it.

tun m is just a shameless wannabe malay. as they say a leopard can't change its spots.

do unto others as u would have them do unto u. peace and prosperity.

rotten egg stinks to high heaven

yeah, 12 by 2030 hehe

hsr is a capital-intensive private venture, the chance of ytl getting it is very high indeed

not inflation but this: https://twitter.com/Megatron_ron/status/1745592021459382641?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1745592021459382641%7Ctwgr%5Eb5042c452e9ea0212302d67a106afed3e41e2e97%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.sinodefenceforum.com%2Ft%2Fmiscellaneous-news.7090%2Fpage-8654

year of taurx (maybe)

yikes, snakehead!

well...


Posted by rr88 > Sep 8, 2023 5:06 PM | Report Abuse

After having another look at the chart, i bet my ass that it will hit 1.40 b4 the year is out. You can copy this n post it.

agree

💪

myeg in 2024 lists of top picks by mplus and uob💪

that's my sultan's objective!

DAP takes over?

follow 楊家將 ok one!

to paraphrase a famous quote, the world's a stage all the people r merely actors and actresses.

we just want to milk the gods of the future

ask and you shall receive

the difference is poor foreigners come by the boatload and send their money home.

every big project has its own doubters, just business as usual.

hope he has a good christmas!

wow, uni is on fire!

👍

added at 0.82 this morning. let see if dumbo will respond +vely by eod.

haha, great response dragon!

my buy call is RM5 with further upside rerating.

dumbo is lumbering along, hope it doesn't stumble end of day

hopefully getting ready for the afternoon surge.

wow ubs keeps buying. ubs👃 something that we don't?

so for the usa, cash is trash now and everyone piles back into stocks/bonds

@TanDavid88 - why r u responding to him? just let him 'play' by himself loh!