Be the first to like this.

3 comment(s). Last comment by Choivo Capital 2020-07-08 17:03

vespa

887 posts

Posted by vespa > 2020-06-03 08:17 | Report Abuse

Thanks Felicity for your rebuttal. Both yourself and Choivo are a credit to the local investment community

Posted by Choivo Capital > 2020-07-08 17:01 | Report Abuse

Hmm fair point.

However, my point on the initial revenue still stands.

I got the data from a friend working in PLUS. The exact numbers for the revenue and traffic. As well as the historical 5-10 years traffic numbers, latest traffic reports etc.

You may feel differently. In any event, its not all horrible as WCE has the prop dev etc.

Posted by Choivo Capital > 2020-07-08 17:03 | Report Abuse

I think if i were back in 2015, given the traffic data then, it would be a pretty good deal, one of the best in Msia.

But looking at the data now, i would stay far away. Most people moving to motorcycles is a huge factor, as well as the lower toll rates for NSE.

Post a Comment
Market Buzz