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2012-07-28 03:57 | Report Abuse
Prime Minister Datuk Seri Najib Tun Razak is scheduled to launch the KLIFD on Monday
Only3 bidders for the KLIKD works..namely MRCB, Sunway & WCT
Let's se if WCT get's part of the project....se snapshot again please..
http://i5.photobucket.com/albums/y193/chongwah/WCT_POTENTIAL.png
KUALA LUMPUR: The Kuala Lumpur International Financial District (KLIFD) is set to reshape Malaysia’s financial landscape in the region,as well as on the global front, with state-of-the-art infrastructure and technology.
The KLIFD, was one of the early Entry Point Projects (EPPs) under Malaysia’s Economic Transformation Programme (ETP), a national roadmap to more than double Malaysia’s per capita income to RM48,000 in 2020, while propelling the nation to a high-income economy.
The project will house a physical clustering of the right mix of key international institutions and support services, while estimated to grow to three times its current size by 2020.
Prime Minister Datuk Seri Najib Tun Razak is scheduled to launch the KLIFD on Monday.
The RM26 billion project also looks to deliver on the aspirations for Greater KL to drive rapid growth in parallel with upgrading the city’s liveability ranking to the top 20 in the world.
There would be strong emphasis on quality of life, appealing to the talent needed to support Greater KL.
“We plan KLIFD to be a space like no other, and this is our forte as urban planners. Buildings can always be good, but we want to emphasise that this project will resolve itself in the public realm,” Jorge Silvetti, Principal ,Machado and Silvetti Associates, the Master Planner for KLIFD said.
Machado Silvetti and Associates and its Malaysian partner, Akitek Jururancang (Malaysia) Sdn Bhd, are the master planners for KLIFD.
The 28.3-hectare (70 acre) project will also spearhead a greener Greater KL with green spaces, sustainable buildings, limited motor vehicle usage, large tranquil parks coupled with rooftop gardens and a solid waste management eco-system.
“The allocation of 30 per cent of the site for greenery might not be very different, but the way we are deploying it, the idea of creating the topography that not only hides cars, makes it more beautiful and pedestrian.
“It also allows for a water management programme that is going to be unique for a project of this scale,” said Silvetti.
Unlike ordinary projects, KLIFD’s core focus is sustainability with guidelines embedded from the master planning stage.
KLIFD’s green areas, for example, are highly functional, not just for beauty, but also encourages the creation of community, by making public spaces viable, and is vital for its water management system.
With the right ingredients for a world-class city, KLIFD is no doubt expected to attract top global companies to create a catalytic pool of world-class players.
Announced late 2010, work on the project by 1Malaysia Development Bhd (IMDB) has been on the fast track, endorsing the importance of the development in transforming the country into a financial hub.
Work on the project literally started on the day the plan was announced, but the journey was not easy given its magnitude. It sparked off not only tremendous interest among financial, construction and investment circles but also criticism.
1MDB Chief Executive Officer, Datuk Shahrol Halmi has been very clear from the beginning that the organisation would let its actions speak louder than words.
“We want the development to be on an orderly basis and ensure that there are marketing benefits,” he said.
Preliminary work started on July 1, 2012, with the first phase of the project expected to be operational in 2016.
Relocation, which started in early 2011, is now at the tail end. There were hurdles, but 1MDB fared considerably well, after reaching out to the United Nations High Commission for Refugees (UNHCR), Kuala Lumpur City Hall (DBKL) and political parties to help ease the process, and managed to solve disagreements amicably.
1MDB has successfully relocated most occupants and businesses from the site and the rest are expected to move out soon to make way for construction works.
Shahrol also said: “KLIFD is all about building the nucleus for talent and innovation, which is also in line with the government’s aim under the ETP.
“What KLIFD will create is the clustering effect to promote innovation, as that is what happens when institutions are grouped together, side by side.”
KLIFD also aims to further reinforce Malaysia’s position as a leader in global Islamic finance. It is a key component in Greater KL, which is identified as a National Key Economic Area (NKEA), to move Malaysia’s capital city up the value chain in the global economy.
The government, acknowledging the importance of the project, announced incentives for KLIFD in the 2012 Budget, including a 100 per cent income tax exemption for a period of 10 years, and stamp duty exemption on loan and service agreements for KLIFD status companies.
2012-07-27 17:58 | Report Abuse
Yes, let's see the next announcement if EPF acquire more or sell more....cheers.
2012-07-27 17:37 | Report Abuse
Seems the other way around, yes EPF is buying...continue please EPF, do the same to WCT as you did to BIMB, hee, hee, hee
Friday, 27 Jul 2012
12:55PM Employees Provident Fund Board (150,000 Shares Acquired)
2012-07-27 17:08 | Report Abuse
Seems EPF put up a roadblock of more than 7000 units at $2.50....somehow big kakis buy about 1 million shares of WCT at $2.50 each share....so we have big kakis buying & you can rest assured that today's big kakis won't allow it to drop below $2.50 next week. They will surely buy much higher to push up as they invest more than $2.5 million today & they want to see good returns.....cheers & let's wait for next week for WCT & son WB to go North to Alaska, hee, hee, hee
2012-07-27 15:24 | Report Abuse
keep buying mother or son now or you may be too late later on...cheers.
2012-07-27 15:23 | Report Abuse
Sister Nancy Yap , wait lah , son will go up soon too...after 4pm mother will go higher.
2012-07-27 15:03 | Report Abuse
WCT coming, watch out....2400 units eaten away, wow
2012-07-27 14:40 | Report Abuse
Brother wup6199, hold on for a while
2012-07-27 10:39 | Report Abuse
Brother samuel , some sort of small block at $2.48 as people makan , it queue some more at that price again....cheers
2012-07-27 10:29 | Report Abuse
wah, something's up as someone just wallop all WB at 32 cents...think it must be the same person who wallop at 32.5 cents early this morning....stay on my friends as we might see WCT & WB shoot....cheers.
2012-07-27 10:16 | Report Abuse
And yet another idiot try to test water a Smartag by selling 2000 shares at 1/2 cent cheaper....as I said, cannot hold, don't buy shares...cheers.
2012-07-27 10:13 | Report Abuse
Another 1 idiot trying to test water by selling 30 lots & 20 lots of WB at 1/2 cent cheaper...however someone smart enough just wallop it up. So you can see how idiotic some kakis can be, hee, hee, hee
Cheers
2012-07-27 10:01 | Report Abuse
Brother snowflake , saw what 32.5 lots are up this morning, that kaki wallop until sudah cucup makan.
Yes, ECM may have something good coming otherwise there won't buy in very large lots.
2012-07-27 09:44 | Report Abuse
Saw what I see this morning...this..someone collecting WB??
2012-07-27 02:50 | Report Abuse
Brother royslade, this buying of new properties was out in March & from there onwards, WCT did move up since then...so I presume it will not have a bad effect on WCT but instead is good as WCT can grow bigger on properties development & thus more profits for WCT.
Today the DJI rises more 200 points & hope it stays this way & I do hope those idiots here don't simply throw away their WB at 1 cent cheaper like when mothers rises by 3 cents yesterday. My advice to those idiots who want to throw cheap their WB, please do us all a favour by throwing early & not towards closing time. To these idiots who have no holding power, better don't buy more than you can hold or eat. If these idiots who come to play shares are NOT FULLY LOADED, THEN PLEASE DON'T BUY MORE THAN YOU CAN HOLD, OTHERWISE YOU PANIC WHEN YOUR T+3 DAYS ARE UP & YOU THROW CHEAPLY LIKE A MAD DOG.....1 word for these idiots...this......
DON'T BE GREEDY & BUY MORE TO CONTRA AS WHEN THE T+3 COMES & YOU CANNOT SELL TO MAKE SOME GAINS, THEN YOU USUALLY THROW CHEAPLY AS YOU ARE NOT LOADED TO HOLD.
Face reality my friends, playing shares is not like eating goreng pisang....you need power to hold, homework, play smart, etc & if you just cannot do some simple things, my advice to these idiots is this....DON'T PLAY SHARES BUT KEEP YOUR MONEY IN BANK FD, MUCH SAFER.
When you have little funds & you want to buy more than you can hold, the end results is that you are on the losing side by selling cheap when your T+3 days are up as you have no power to hold. You have seen trading houses willing to give you 2 x cash collateral + 1.5 x stocks collateral & when your T+3 is up & you cannot sell higher if your counter doesn't move, and thus you panic & sell like a mad dog. Wonder why trading houses are willing to give you more to trade...why?...because when your T+3 days are up & you cannot hold and is forced to sell, then you lose & these brokering house makes money on brokers fees...now you know how these brokering houses makes plenty of money.
So please don't be greedy, just buy with the money you have & you can hold on to your shares when it's down & don't have to forced sell....this way you don't lose but wait till your shares goes up to sell.
As they always say....GREEDY TRADERS OR PEOPLE DIE EARLY, hee, hee, hee
So my advice to all these idiots is TO PLAY SMART & SAFE TOO.
Cheers.
2012-07-26 17:13 | Report Abuse
And FGV is actually a lousy counter....oil palm estates that are mostly old trees and the yield is about less than 20% the yield of IOI plantation...EPF support FGV to keep some people [you all know who lah] happy, damn.
2012-07-26 17:02 | Report Abuse
And brother royslade , did you see roadblock was set by by most likely EPF at $3.03 cents to protect the interest of who know whom lah....damn but in WCT, they did the opposite.
2012-07-26 16:59 | Report Abuse
Brother juinming0304, Digista & son WA will surely come, just be patient...cheers
2012-07-26 16:54 | Report Abuse
I think it's EPF setting the road block....that snake & shark, damn
2012-07-26 16:53 | Report Abuse
Wah , someone wallop 1500 lots of WCT at $2.48....definately more to come tomorrow & next week...market so bad but wallop still, yahoooooooooo
2012-07-26 16:35 | Report Abuse
Today I think that WCT would close at $2.50
2012-07-26 16:05 | Report Abuse
Brother wup6199 , I think it's the T+3 kakis.....cheers
2012-07-26 15:56 | Report Abuse
Le's see after 4pm what happen to WCT, will it move to $2.50 & beyond?
2012-07-26 15:54 | Report Abuse
See the contra players of WB, when T+3 is up, they sell cheap at 32 cents even when mother is up.....the idiot contra players who cannot afford to hold.
Cheers.
2012-07-26 15:38 | Report Abuse
Yes, brother taxi, like brother juinming0304 Digista & son WA will move, it will definitely come...hold tight to it and you will make your money...cheers
2012-07-26 15:32 | Report Abuse
but brother johnarumugam is strong despite the bad market....please see this snapshot what to expect of WCT..
http://i5.photobucket.com/albums/y193/chongwah/WCT_POTENTIAL.png
As long as the construction company had projects, we are a Ok...only those without projects then feel the heat....cheers brother.
2012-07-26 15:07 | Report Abuse
Today most construction counters down with Gamuda down by 10 cents. However the 2 counters that gain the most are WCT & Mudajaya....so market badly mauled by sharks but we at WCT stay strong...so if market gets better, then be prepared to see it shots to Alaska.....so stay calm my friends, the waiting is worth it......cheers
2012-07-26 12:18 | Report Abuse
It's only those idiots who sell WB at 32.5 cents even though mother WCT is up....damn
2012-07-26 12:17 | Report Abuse
have no fear, Gamuda goes down but people noticing WCT & keep on buying higher....cheers.
2012-07-26 11:46 | Report Abuse
Brother samuel , I suspect it's EPF blocking it by placing a roadblock at $$2.50...damn
2012-07-26 11:21 | Report Abuse
Yes, brother samuel & WCT is the top pick among the construction sector.
2012-07-26 10:48 | Report Abuse
Brother POONJ , don't worry about some people pushing WCT price down if there are people buying higher...it's only when people want to wait for durians to drop that they queue at a low low price. But then 2nd Quarter presumably good will be out in around 2 weeks & if they were to throw, then they are real idiots, hee,hee, hee
And btw, I think the biggest shark & snake is EPF who took pleasure to throw or sell cheaply, damn. If EPF keeps buying & supporting WC like it did for BIMB, then our WCT should have reach $3.00++ by now
Cheers.
2012-07-26 10:00 | Report Abuse
Today mother WCT buying is strong & quite confident there's more to come as buying percentage is very high at 93% & still people waiting to buy WB at 31 cents queuing up. Ask yourself if you are able to buy WB a 31 cents when buying of mother WCT is high at 93%???
The only thing that you can get WA at 31 cents is when EPF & everyone throw down WCT cheaply but then who is so stupid to throw away a good company's shares when they know good quarter report will be out in about 2 weeks & with a dividend too...think my friends...cheers.
Oh, yes, unless Asian financial crisis suddenly drops in & then you can even get it at 5 cents, hee, hee, hee
2012-07-26 09:43 | Report Abuse
Buy your BIMB-HA as mother really going down longkang soon.....cheers
2012-07-26 09:40 | Report Abuse
Maybe that person convert to take advantage of the low price of WCT & expect it to go higher...nothing much of concern to the present shareholders or company as the conversion is in small amount....cheers.
2012-07-26 09:30 | Report Abuse
Alamak bursa in the RED again, how to rise further?, hee, hee, hee
2012-07-26 09:26 | Report Abuse
Brother tansrihew , when market is up you support by buying higher & so increase your present holding value....as suggested by all experts in share trading, we don't average lower but average higher to sell higher....cheers
2012-07-26 09:07 | Report Abuse
no brother samuel, this idiot who sells 2000 shares [20 lots] at 33.5 cents to discourage people from buying high & so hoping to buy cheaper...didn't know we have such idiots in WCT counter when the market is good today...so guys & gals support your WCT & WB as I cannot be supporting alone all the time...chers.
2012-07-25 18:45 | Report Abuse
Tomorrow WCT & WA shoot North to Alaska?
2012-07-25 18:43 | Report Abuse
Warming up to WCT and Mudajaya
Between WCT and Mudajaya, we observed more interest in WCT, as there is
little expectation about the group’s potential job wins in 2012 due to its
disappointing performance in 2011. Thus, WCT could deliver an upside surprise,
especially on the overseas front. For Mudajaya, we continue to like the stock but
investors are generally more cautious regarding the status of the fuel supply
agreement (FSA), which has yet to be signed. We acknowledge this and expect
the FSA deal to be concluded over the next few months. We argued that there is
still value in the share price and that the highlight for 2H12 is local prospects,
as the group could bag further jobs in addition to its recent MRT win. Investors
were also positively surprised to learn that Mudajaya’s foreign shareholding has
crept up from 15% in Jan 2012 to around 20% currently.
Still looking for green shoots in 2H12
Most of our sessions began with discussion of the possible election time line,
which did not surprise us. Our analysis of likely developments over the next few
months was generally well received. Investors, especially hedge funds, focused
on the likely timing of general elections as they agreed with our view that
election-driven newsflow is now the key to stock selection in the sector. We
highlighted that the next window for polls is in 4Q12, suggesting that there are
at least four months for sector developments to unfold and awards to be dished
out.
With that in mind, we advocate a switch to WCT and Mudajaya for alternative
exposure to positive sector developments in 2H12. A bonus for WCT is a likely
sizeable overseas job, while Mudajaya could deliver several high-margin project
wins in addition to another lucrative power plant civil works project. The stocks
trade at the steepest discounts to RNAV in the sector. Some funds suggested
other ideas such as MRCB, which appears to have bottomed out due to
uncertainty over EDL tolling. However, we argue that the company still risks
posting operating losses in 2H12 and uncertainty over when the government
will pay compensation could cap upside potential. In addition, progress on the
RRI land deal has not re-emerged.
2012-07-25 18:37 | Report Abuse
Now I copy a section from CIMB research report...
Yes, buy only WC & Mudajaya...instead of Muhibah, IJM, Gamuda
What You Should Do
Switch to WCT and Mudajaya for
alternative exposure to positive
sector developments in 2H12. The
likelihood of securing a sizeable
overseas job is a bonus for WCT,
while Mudajaya could deliver several
high-margin job wins in addition to
another lucrative power plant civil
works package. Both stocks trade at
the among the steepest RNAV
discounts in the sector
Now a snapshot for all showing that WC will get the most jobs...
http://i5.photobucket.com/albums/y193/chongwah/WCT_POTENTIAL.png
2012-07-25 18:22 | Report Abuse
I got it brother Donpazak..
News flow on the sector has risen up lately and we expect this trend to continue closer to the upcoming general election. There are 2 key developments in the sector i.e. (1) MMC's JV proposal with PAAB to own national water assets and (2) Selangor State Government's (SSG) proposal to take over the Selangor water assets by August 2012. Although our recommendation is to remain Neutral on the sector, we are opting for a trading stance in the short term due to the rising news flow. A slightly positive news is that the Special Cabinet Committee (SCC) has decided to tender the Langat 2 contract in a month's time and this could be the sign of more 'water talks' in the near term. We are maintaining our OUTPERFORM recommendation for PUNCAK with an unchanged Target Price of RM3.01 based on SoP valuation. We value its water business at RM2.61 per share and its oil and gas business at RM0.40 per share. We believe Puncak will be a good stock to trade on in the near term riding on the takeover news above. For MMC, we are also maintaining our OUTPERFORM recommendation with an unchanged Target Price of RM3.11 based on SoP valuation although we are neutral on its proposed JV partnership with PAAB at this juncture.
Water sector gaining traction. Based on the last two significant news i.e. (1) MMC's JV proposal with PAAB to own national water assets and (2) SSG's proposal to take over Selangor water assets by August 2012, we believe that there will be more news flows coming out in the near term as the time is approaching closer to the election period. Despite so, we are keeping our neutral stance at this juncture until we see further material news and announcements from the SSG, federal government or the concessionaires. In our view, the Selangor water consolidation issue will only be concluded after the upcoming election, where thereafter, we are expecting a better offer for Puncak.
Slightly positive news. The SCC has decided that the Langat 2 project will be tendered out in a month's time. The Langat 2 project is part of the Pahang Selangor Water Transfer (PSWT) project, where the scope will be the construction of water treatment plants (WTP) at Hulu Langat, Selangor. Based on various news reports, the cost of the PSWT project is expected to range around RM8b to RM9b. Thus far, only RM1.3b worth of contract has been awarded under PSWT, with the Langat 2 project expected to offer another RM3b to RM4b worth of contracts once it is tendered out. This is definitely positive news for the water sector, especially for the contractors and pipe makers like JAKS, Puncak, Salcon, Gamuda and Taliworks as they have the experience in the construction of water treatment plants (SSP1 & SSP3) and pipe laying works.
Bargaining power still in Puncak's hand. We are keeping our view that Puncak still has the bargaining power to negotiate for a better pricing for the sale of its water assets to SSG and the federal government. This is because its existing Concession Agreement (CA) is signed between the state and the federal government. We do not expect a cheap way out for Puncak as the water business remains as its core business. Its oil and gas business, however, is slowly bearing fruit and we expect this division to secure more contracts in FY12.
What investors should do? We believe investors should consider to take a trading position on water related counter like Puncak, Taliworks, Gamuda and JAKS as more positive news flows come out in the near term, especially in relation to the Langat 2 project contracts. All told, we are maintaining our NEUTRAL recommendation on the sector but are opting for a Trading stance for the short term. Our Top Pick for the sector is Puncak (OP, TP: RM3.01) from a takeover angle and it being the beneficiary of the Langat 2 project. As for the construction sector, we are maintaining our OVERWEIGHT rating. We see Gamuda (OP, TP: RM4.64), IJM Corp (MP, TP: RM5.56) and WCT (OP, TP: RM3.92) as being the main beneficiaries of the Langat 2 project.
Source: Kenanga
2012-07-25 18:18 | Report Abuse
Brother juinming0304, please read all about Smarag in my forum, about 75 pages of it.
BTW, the Smartag contract is for 3 years for 1 million containers and the contract is renewable & if the target 1 million containers is reached within the contract period, then the government would allow Smartag to carry on with the remaining 7 million containers. But first the forwarders people need to be trained to use Smartag RFID & then when all is running smoothly and Smartag had reach it's 80% target on the 1st year of contract to the final 100% [1 million containers] on the 2nd or 3rd year, a new contract will be given to Smartag to cover another 7 million containers.
Cheers.
2012-07-25 18:08 | Report Abuse
Brother qunox , mind showing us all the CIMB report, many thanks.
Posted by Donpazac > Jul 25, 2012 12:56 PM
Kenanaga report today sees WCT being one of the main beneficiaries of Langat 2 project. We shall see a very interesting 3Q12 for WCT. Let's watch.
And brother Donpazak, please provide the link for all of us as it seems more projects coming for WCT...no wonder some dingo purposely push down WCT price to collect.
Cheers.
2012-07-25 17:56 | Report Abuse
Good for you brother juinming0304, let's all cari makan sama sama.......cheers.
BTW, Digista been hibernating for sometime and maybe this time hope mother will shoot to 50+ cents.
2012-07-25 17:54 | Report Abuse
Sister Noran Yaakub , why didn't you average down just now?
2012-07-25 17:51 | Report Abuse
Brother Namoyaki Takarajima , almost everyone knows that Smartag will be collecting between $10 to $18 per container when it passes through the Customs checkpoint. Staring 1st September 2001, the collection started & money will be rolling in for Smarag & we are very near to that date...so to some people they might want to buy early in anticipation of Smartag earning potential...that's why I feel that they buy now than to wait for the rush later on....cheers.
Stock: [WCT]: WCT HOLDINGS BERHAD
2012-07-28 04:05 | Report Abuse
Looking forward, I think WCT will have a decent chance in bagging the KLIFD earthworks (RM1bn in total) given its strong experience in this area of works. WCT has conducted earthwork jobs for KLIA, KLIA2, Medini and Vale.
Cheers