every yr new vehicle registration is around 600k n rising,this wce highway will be as congested as plus in no time

always remember,the 50 years concession given to wcehb is the longest given by federal govt to any cos in msia....

Above RM1 wcehb is no longer a penny stock.Many funds can buy it now.Get ready for faster rising pace.

Ya,this golden goose has matured enough to start laying eggs of gold.

Imagine...50 yrs of concession....

How many cars are sold in Malaysia each year?
Sales & Production Statistics
Year Passenger Cars Total Vehicles
2019 550,179 604,287
2020 480,971 529,514
2021 452,663 508,911
2022 641,773 720,658

Warming up.Next agung is johor sultan.The johor theme play has legs.

The king has returned.This will be the best performer for 2023 n beyond.JOHOR BOLEH.

correction low for week is 68,still long green

Low was 62 and closed 79.5,the weekly candle is a long green,more to come next week.

close 82 sen cukup,next week continue

Last but not least,the breakout of 75 sen is done after last nite powell's hawkish stance on interest rates.This is the best indicator of great things to come.

Above is the holdings of the major s/holders of wcehb,they accounted for 75% of o/standing shares.the remaining 25% or 750 mils belong to small holders.If foreign funds start buying,this stock can explode like a rocket.Every year there are 600k new car registrations,if half of these belong to the busy west coast toll collections is indeed very lucrative bz.

WCEHB Top Shareholders
Total Shares (Quantity)
2.26B
Total Shares (%)
75.59%

Name % Shares Position
Change Value Record Date
IJM CORPORATION BERHAD 26.63 795,554,593 - 628.49M 30 Jun 23
MWE HOLDINGS SDN BHD 25.76 769,696,617 - 608.06M 30 Jun 23
UNITED FRONTIERS HOLDINGS LIMITED 9.38 280,245,342 - 221.39M 30 Jun 23
LIM KUAN GIN 1.34 39,935,616 - 31.55M 30 Jun 23
KEJORA POSITIF SDN BHD 1.24 37,023,500 -12,976,500 29.25M 30 Jun 23

Lets go.Together with ijm.

ijm has ady broken recent high of 1.88,it holds 26% wce,wcehb will cut thru 75 sen like hot knife thru butter

By reviving HSR,he can bring economic activity to a higher level,and pull up real estate prices.And private sector pay for the project.

PMX is a very intelligent fella.He knows country has not much money to spend.But by tweaking policies he can bring in fresh capital from foreigners...such as special economic zone for forest city.........n maybe MM2H

Budget 2024 to be tabled on 13 oct.MM2H tweak coming,all property stocks warming up n uems has broke out of recent high of 77 sen.

Offer 1.5 get back 3.0,or 3.5 or 4.0......

Nta RM3.Pnb pls privatise like using sime to privatise umw.Offer RM 1.5 per share cukup.The lands will appreciate greatly under madani govt,n there are huge acreages.

LETS GO....RM1.2

https://youtu.be/ZkAf020XjiA?si=hT_k3psKS-3GGwVx

China's loss is other countries' gain.Blame it on their own 3 yr covid lockdown.USA cant dwarf china,only herself can do it .

Rich mainlanders are migrating in droves,scared death by ccp draconian policies.Malaysia has a huge chinese population,if PMX can tweak the MM2H policy to offer them better terms,these rich chinese can push property sector to the moon.

Lets break rm1 setia,apa ni nta rm3

perodua cars engine capacity abit small...

pnb lets privatise

most undervalued property co with nta rm3

huat ah

exactly,i mean perodua is worth much much more than 5.72 bil

goldenhope

At the end of the fiscal year 2022, the net assets of Perusahaan Otomobil Kedua (Perodua) Sdn Bhd amounted to around RM5.72 billion.

rcecap nta 1.07,now trades at 2.34...hope that explains

toto jackpot is so impossible to kena,yet punters line up to buy..

If sime succeeds,newco will likely be included in KLCI.

As to how attractive,mbmr's nta of RM5.32 is a guide.

Without mbmr n other perodua stake holders agreement,the scheme cant proceed.Thus sime will have to make a very attractive offer .

Sime may form a co n inject all auto bz into it,as well as its perodua stake.They may offer shares in this co to remaining perodua sholders for their stake.Then mbmr will have a listed co with perodua n other sime auto bz.

Sime's offer has to be attractive to entice.

To merge perodua with its other auto biz sime needs the remaining perodua sholders to agree.Lets see what sime offer to mbmr and the japs.

Mc_Wei

PNB own 10%, UMW own 38%. These two combine not enough to get 50%. Still need MBMR's share. The rest own by Japanese.

mbmr is 3 times more easy to push up than umw

no. of shares outstanding
umw 1168 mil vs mbmr 391 mil
Nta umw 3.73 vs mbmr 5.32

Holding of perodua umw 38% vs mbmr 20 %

Lets go 4.5 first

PMX's madani govt knows how to unlock value n create wealth .Bravo.

https://www.orientaldaily.com.my/news/business/2023/08/24/591371

umw nta is rm3.73 n sime offered rm5,how much will sime offer for nta rm 5.32 of mbmr ?

come come,make your offer for mbmr's perodua stake

Merging perodua with sime's other auto bz and seeking a listing.

https://www.klsescreener.com/v2/news/view/1193127/%E6%89%93%E9%80%A010%E4%BA%BF%E6%B1%BD%E8%BD%A6%E5%B7%A8%E5%A4%B4-%E6%A3%AE%E9%82%A3%E7%BE%8E%E4%BB%8A%E5%8D%88%E8%B5%B7%E5%81%9C%E7%89%8C

Tmr FF big sapu.

mbmr has o/s shares 400 mil,2500/400=6.25 ( not yet consider its other bz)