Posted by Xiao Zheng She > 2024-04-29 12:18 | Report Abuse

YTL flies so much, still waiting for this to fly

Posted by speakup > 2024-04-29 12:35 | Report Abuse

Sudah terbang bro. Skarang landing bro.
Smart money bought 50sen last time

Posted by VincentTang > 2024-04-29 14:31 | Report Abuse

I just check, highway very less car and toll charge very cheap and high borrowing. So better sell WCEHB.

Posted by albertyek > 2024-04-29 15:39 | Report Abuse

good good just sell all your WCEHB shares so that I can dump in my CPF money coming in June at very cheap price...thanks for selling

Posted by keng88 > 2024-04-29 15:59 | Report Abuse

The bottom test is over, and it's time to start bouncing back to 1.00.

Posted by albertyek > 2024-04-29 17:10 | Report Abuse

oh nooo please slow down..I want to earn BIG money aiseh

Posted by MarketNavigator > 2024-05-02 11:11 | Report Abuse

chance to collect it at the price less than 90 cents 😊

Posted by ValueInvesting10 > 2024-05-03 00:22 | Report Abuse

The news of WCE raya traffic beats target has been overlooked. Any increase in revenue will go directly to profit as most costs are fixed, therefore greatly increasing the DCF valuation

Posted by albertyek > 2024-05-03 11:16 | Report Abuse

overlooked is good for me kih kih kih

Posted by speakup > 2024-05-03 13:14 | Report Abuse

Smart money bought 50sen

Posted by VincentTang > 2024-05-03 14:11 | Report Abuse

If you ever use the highway then you will know very less car in the highway. So I recommend you avoid WCEHB.

Posted by Newtoshareworld > 2024-05-03 15:16 | Report Abuse

If u stay at Kapar, u will know how many car travel daily from Kapar to Shah Alam / KL....pls go to Kapar at 6pm to 7pm, see whether jam or not.

Posted by Newtoshareworld > 2024-05-03 15:18 | Report Abuse

PETALING JAYA: The West Coast Expressway’s traffic volume during the Hari Raya travel period was more than double of its initial estimate, as travellers chose the highway as an alternative route heading to and from the north.

WCE Holdings Bhd chief executive officer Lyndon Alfred Felix said the average daily traffic (ADT) was recorded at over 300,000 vehicles from April 11 to 14.

“The highest ADT was on April 13 when it crossed 350,000 vehicles. Meanwhile, the highest revenue per day achieved was more than RM600,000,” he told StarBiz.

Posted by danny123 > 2024-05-03 15:30 | Report Abuse

Can wait 0.50 then only i BUY

Posted by Nepo > 2024-05-03 18:46 | Report Abuse

Rm 0.70 seem to be logical price to buy

Posted by FrankKY > 2024-05-04 06:31 | Report Abuse

This stretch not importance or land acquisition still.....?
https://www.youtube.com/watch?v=WR-lstGfmMQ

Posted by Xiao Zheng She > 2024-05-06 16:15 | Report Abuse

At least 2 years for completion

Posted by WilburR2 > 2024-05-07 10:54 | Report Abuse

free toll at changkat jering end soon.

Posted by albertyek > 2024-05-07 18:59 | Report Abuse

11 May 2024 no more free passage for Section 11..money come come Bosskurrrr

Posted by DestinyL > 2024-05-09 10:06 | Report Abuse

April progress updated

Posted by MarketNavigator > 2024-05-10 14:02 | Report Abuse

Just double check, IJM is the largest substantial shareholder of WCE ?

Posted by DestinyL > 2024-05-10 17:21 | Report Abuse

Have always been the case

Posted by bull500 > 2024-05-12 10:13 | Report Abuse

https://property.enanyang.my/%E8%B6%8B%E5%8A%BF/%E8%A5%BF%E6%B5%B7%E5%B2%B8%E5%A4%A7%E9%81%93%E5%B8%A6%E6%97%BA%E6%B2%BF%E7%BA%BF%E4%BA%A7%E4%B8%9A/?fbclid=IwZXh0bgNhZW0CMTEAAR0xBYGcPKEpc7H75NMHZHlocEh4N5lnKLYfF_-yiJ3diS-7729nLh5ihlU_aem_AcVeKh6hcfXlza7zUATpDoIWesDDoNrjPHRPUj-R1AtS518Aopz0tVNzZ3RabAt2H0raXN0RbGq_Bqxaq8Dl9jkJ

Posted by Bullcoming > 2024-05-12 14:52 | Report Abuse

This highway is one of biggest cash cow ever for WCE to reap, next 5 year revenue from this highway may reach 10 billion & beyond. You can imagine how far WCE can go?

Posted by MarketNavigator > 2024-05-13 19:56 | Report Abuse

We will see green for the upcoming qr then 😁

Posted by newbie9893 > 2024-05-14 16:12 | Report Abuse

finally moving up

Posted by WilburR2 > 2024-05-14 16:14 | Report Abuse

section 11 cash flowing in

Posted by Bullcoming > 2024-05-15 12:41 | Report Abuse

Believe Some fund/fund manager start to accumulate in this future blue chip

Posted by investor77 > 2024-05-16 13:17 | Report Abuse

Why price going down when more sections being opened and no longer free ? Coming Raya Haji another money spinner ? Possible to touch RM 1 ?

Posted by danny123 > 2024-05-16 18:18 | Report Abuse

0.6-0.7 possible

Posted by 5354_ > 2024-05-16 23:56 | Report Abuse

Tanjong Karang-Assam Jawa section of West Coast Expressway ready in March 2026, says Nanta
https://theedgemalaysia.com/node/711914

Posted by Nepo > 2024-05-17 05:10 | Report Abuse

Because Section 7 defers completion time to March 26

Posted by vespa > 2024-05-17 05:46 | Report Abuse

if this true then then WCE has incompetent geotechnical consultants. What a load of cobblers

Posted by albertyek > 2024-05-17 11:11 | Report Abuse

yes keep the price low while waiting for my CPF durian runtuh end of June

Posted by MarketNavigator > 2024-05-23 11:48 | Report Abuse

Dnt worry, it seems like it still can pass throu 90 cents by this month

Posted by goldenhope > 2024-05-27 12:16 | Report Abuse

Does anybody know the traffic on the WCE expressway?

Posted by zairulpec > 2024-05-28 12:37 | Report Abuse

WCE share downtrend...herrmm

Posted by vespa > 2024-05-28 15:28 | Report Abuse

WCE's highway construction execution has been poor....this a much longer term investment.

Posted by vespa > 2024-05-28 15:32 | Report Abuse

Smart investors know when it is time to invest and there are others who are longer term investors with surplus cash who wait it out.

Posted by albertyek > 2024-05-28 15:44 | Report Abuse

yes yes as according to my plan

Posted by MarketNavigator > 2024-05-29 11:47 | Report Abuse

I guess no hope for it to pass throu 90 cents by this Friday 😓

Posted by vespa > 2024-05-29 15:27 | Report Abuse

If tolling revenue is not too far off Choivo's assessment cashflow ( broadly speaking ) perhaps there is something to salvage but section 7 has become the archilles heel.

Posted by vespa > 2024-05-29 15:46 | Report Abuse

for guys who do numbers rather that emotions here is the RAM article ( a bit dated ) Dec 2023 https://www.ram.com.my/pressrelease/?prviewid=6528

Posted by tsfoo > 2024-05-29 18:01 | Report Abuse

what is holding back section 7?

Posted by vespa > 2024-05-29 19:03 | Report Abuse

Tanjong Karang-Assam Jawa section of West Coast Expressway ready in March 2026, says Nanta
https://theedgemalaysia.com/node/711914

Posted by tsfoo > 2024-05-30 13:33 | Report Abuse

🤦

Posted by VincentTang > 2024-05-30 17:50 | Report Abuse

WCEHB bad qr. Big gap down tomorrow.

Posted by Xiao Zheng She > 2024-05-30 18:23 | Report Abuse

As expected. No gains from the land disposal just like the preceding year, but good news being there's a higher traffic volume, and WCE need to expedite its construction progress

Posted by vespa > 2024-05-30 18:24 | Report Abuse

yes!

Posted by BursaKakis > 2024-05-30 19:38 | Report Abuse

Wcehb - Q4 Mar 24 Report

Concession :

The West Coast Expressway (WCE) Project involves the development of a 233 kilometers tolled highway from Banting, Selangor to Taiping, Perak (including 40 kilometers of highway to be constructed later). The WCE Project is a build-operate-transfer project with a concession period of up to a maximum of 60 years effective from 20 December 2013.

The WCE Project is divided into 11 sections whereby 6 sections have been opened for traffic. These are Section 5 (New North Klang Straits Bypass - Bandar Bukit Raja Utara), Section 6 (Bandar Bukit Raja Utara – Assam Jawa), Section 8 (Hutan Melintang - Teluk Intan), Section 9 (Kampung Lekir - Changkat Cermin), Section 10 (Changkat Cermin - Beruas) and Section 11 (Beruas – Taiping Selatan). The recent opening of Section 11 signifies the full completion of the Perak alignment, spanning 120km within the WCE Project. The opening of Section 11’s Taiping
Selatan provides direct access between our WCE to North South Expressway (NSE) at Changkat Jering in Taiping, Perak, providing immense significance to the region’s economic and infrastructure development.

Traffic volume on the operational sections has witnessed steady traffic growth, with an increase of 37% from the preceding year. The recent openings of Sections 6 and 11 have significantly amplified the WCE’s daily traffic volume. The sectional average daily traffic for 4Q FY2024 increased by a significant 53% compared to 4Q FY2023. During the recent 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 Group expects a further increase once Section 1 and Section 2 are completed
and operational in the near term.

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 RM18.1 million for FY2024, indicating the Group is profitable at an operating level.

The construction of Section 1 (Banting – South Klang Valley Expressway (SKVE)) and Section 2 (SKVE – Shah Alam Expressway (KESAS)) has been completed and is currently at the inspection stage. The completion of these 2 sections will also provide connections to several existing highways, namely the South Klang Valley Expressway (SKVE) and 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.

Construction :

The Group’s construction segment, managed by WCE Maju Sdn Bhd (formerly known as KEB Builders Sdn Bhd) (“WCE Maju”), is focused on the timely execution and completion of its construction projects with a total contract sum of RM400 million. These projects entail a design, build and manage basis, the construction works of a proposed access from West Coast
Expressway to a mixed development project in Kota Seri Langat (“the Seri Langat Project”) and construction works for Section 7, Part 2 of 2 (“Section 7B”) of the WCE Project which is approximately 10km in length from the beginning of the Assam Jawa Interchange towards the Tanjung Karang Interchange.

WCE Maju is focused on ensuring the successful execution of these projects to enhance sustainable growth in the construction segment.

30/5/2024