WCE HOLDINGS BERHAD

KLSE (MYR): WCEHB (3565)

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Last Price

0.77

Today's Change

-0.005 (0.65%)

Day's Change

0.765 - 0.775

Trading Volume

1,776,900


9 people like this.

5,799 comment(s). Last comment by Bitgold 1 day ago

Icon 888

2,301 posts

Posted by Icon 888 > 2024-09-20 01:13 | Report Abuse

Wait crisis come baru masuk

albertyek

485 posts

Posted by albertyek > 2024-09-20 10:43 | Report Abuse

no crisis then go back cry with sis kakakakaka

BursaKakis

452 posts

Posted by BursaKakis > 2 months ago | Report Abuse

Toll collection on Section 1 of WCE to commence on Sept 30 after month-long toll-free operation
https://theedgemalaysia.com/node/728321

Posted by MarketNavigator > 2 months ago | Report Abuse

WCE will turn around in Q3 then

Lee_CK

236 posts

Posted by Lee_CK > 2 months ago | Report Abuse

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

Lee_CK

236 posts

Posted by Lee_CK > 2 months ago | Report Abuse

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).

DestinyL

4,746 posts

Posted by DestinyL > 2 months ago | Report Abuse

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.

DestinyL

4,746 posts

Posted by DestinyL > 2 months ago | Report Abuse

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

DestinyL

4,746 posts

Posted by DestinyL > 2 months ago | Report Abuse

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

BursaKakis

452 posts

Posted by BursaKakis > 2 months ago | Report Abuse

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

BursaKakis

452 posts

Posted by BursaKakis > 1 month ago | Report Abuse

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

Posted by MarketNavigator > 1 month ago | Report Abuse

Cool, WCE still holds strong during the market downturn

BursaKakis

452 posts

Posted by BursaKakis > 1 month ago | Report Abuse

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

chamlo

1,300 posts

Posted by chamlo > 1 month ago | Report Abuse

WCE when can be profitable?

mf

29,385 posts

Posted by mf > 1 month ago | Report Abuse

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+

Bitgold

41 posts

Posted by Bitgold > 1 month ago | Report Abuse

Up up

Posted by MarketNavigator > 1 month ago | Report Abuse

@chamlo. Hopefully we can see green in overall FY2025

bull500

33 posts

Posted by bull500 > 1 month ago | Report Abuse

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

albertyek

485 posts

Posted by albertyek > 1 month ago | Report Abuse

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

bull500

33 posts

Posted by bull500 > 1 month ago | Report Abuse

That's good, thanks

newbie5354_

1,307 posts

Posted by newbie5354_ > 1 month ago | Report Abuse

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

newbie5354_

1,307 posts

Posted by newbie5354_ > 1 month ago | Report Abuse

If loss continue not RI ahead?

vespa

902 posts

Posted by vespa > 1 month ago | Report Abuse

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

Bitgold

41 posts

Posted by Bitgold > 1 month ago | Report Abuse

Black Rock own wcehb 0.2%...till today

Posted by MarketNavigator > 1 month ago | Report Abuse

Is BlackRock on the top 30 shareholder list?

Bitgold

41 posts

Posted by Bitgold > 1 month ago | Report Abuse

Another company from virginia island have 10% wcehb share

Bitgold

41 posts

Posted by Bitgold > 1 month ago | Report Abuse

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

Posted by diuleiloumei > 3 weeks ago | Report Abuse

PN17 please

BursaKakis

452 posts

Posted by BursaKakis > 3 weeks ago | Report Abuse

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.

Bitgold

41 posts

Posted by Bitgold > 3 weeks ago | Report Abuse

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

Posted by MarketNavigator > 2 weeks ago | Report Abuse

Nice 👍 I guess WCE is likely to turn green in Q3 / Q4

lai63

32 posts

Posted by lai63 > 1 week ago | Report Abuse

May I enquire,
Is this wcehb-wf, the conversion price 39 cents
is maintained throughout till expiry on Nov 2029?

vespa

902 posts

Posted by vespa > 1 week ago | Report Abuse

The exercise period of the Warrants comprises the period commencing from the issue date of the Warrants up to the market day immediately before the 5th anniversary of the issue date of the Warrants ("First Exercise Period") and the period commencing from the 5th anniversary of the issue date of the Warrants up to the market day immediately before the 10th anniversary of the issue date of the Warrants ("Second Exercise Period") ("Exercise Period"). The Warrants entail a step-up pricing mechanism whereby the exercise price for the First Exercise Period is RM0.39 and the exercise price for the Second Exercise Period is RM0.45. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid or have any effect. This Announcement is dated 22 November 2019.

speakup

27,195 posts

Posted by speakup > 1 week ago | Report Abuse

Wce share price has ran far ahead of fundamentals. Its already pricing in full completion of highway plus giving dividends

lai63

32 posts

Posted by lai63 > 1 week ago | Report Abuse

Vespa,
So now, any still existing wcehb-wf. Their conversion price is 45 cents or 39 cents?

Bitgold

41 posts

Posted by Bitgold > 1 week ago | Report Abuse

Now exercise price Rm0.45 ..already reflect on it...

Bitgold

41 posts

Posted by Bitgold > 1 week ago | Report Abuse

Wcehb just put a sign board at Changkat Jering ...to klang n KL...trafic increase 30% on section 11 ..on my count

Bitgold

41 posts

Posted by Bitgold > 1 week ago | Report Abuse

For sure ..may 2025 will get profit....hopefully will get 1 million profit on feb 2025 report

Bitgold

41 posts

Posted by Bitgold > 1 week ago | Report Abuse

Base on Tol collection 35 million on year end peak season n 200 million on very active construction

Bitgold

41 posts

Posted by Bitgold > 1 week ago | Report Abuse

Q2 construction 39 million
Q3 construction 157 million
Q4 construction 200 miliion (hope laah)

stainlyho37

2,277 posts

Posted by stainlyho37 > 1 week ago | Report Abuse

the remaining hw construction progress very slow.....???!!! very month 1~2% different ???!!...wait until neck also long.....

Bitgold

41 posts

Posted by Bitgold > 5 days ago | Report Abuse

THE report is not reflect the actual progress ...fasten sit belt this few day

Bitgold

41 posts

Posted by Bitgold > 5 days ago | Report Abuse

Wcehb wf very cheap

vespa

902 posts

Posted by vespa > 2 days ago | Report Abuse

Section 2 ??? opening imminent another faux pas… one blunder after another.

vespa

902 posts

Posted by vespa > 2 days ago | Report Abuse

charlatans

Bitgold

41 posts

Posted by Bitgold > 1 day ago | Report Abuse

THE ceo promise !!!!!!....ai ....

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