WCE HOLDINGS BERHAD

KLSE (MYR): WCEHB (3565)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.79

Today's Change

+0.005 (0.64%)

Day's Change

0.785 - 0.80

Trading Volume

331,500


9 people like this.

5,878 comment(s). Last comment by MarketNavigator 1 day ago

Nepo

3,466 posts

Posted by Nepo > 2 weeks ago | Report Abuse

Hi wondering why Section 7 construction so slow..? From March 24, 70% to Dec 24, 77%, 10 months only progress by 7%..

Bitgold

53 posts

Posted by Bitgold > 2 weeks ago | Report Abuse

Section 7 ..progress very very fast ..but focus on bridge n fly over but no bitumen section ...construction revenue increase from rm39 million to rm151 million

Nepo

3,466 posts

Posted by Nepo > 2 weeks ago | Report Abuse

i see, thks Bitgold

Bitgold

53 posts

Posted by Bitgold > 2 weeks ago | Report Abuse

Section 2 open soon ?

vespa

925 posts

Posted by vespa > 2 weeks ago | Report Abuse

incompetence either on management or the approving authorities...quite farcical for a "third world category" infrastructure project.. the best have left

Bitgold

53 posts

Posted by Bitgold > 1 week ago | Report Abuse

Rm0.775 ....buy fast ...below Rm0.80 will become history

vespa

925 posts

Posted by vespa > 1 week ago | Report Abuse

Joke is on shareholders

DestinyL

4,749 posts

Posted by DestinyL > 1 week ago | Report Abuse

Watch the youtube videos for better understanding of the progress
Section 7 progress has been promising these two months

vespa

925 posts

Posted by vespa > 1 week ago | Report Abuse

What progress 77% for Section 7? and completed by March 2026? These dates are organic.. To better understand valuation look up Choivo's cashflow projection ( readily available on the internet) and see how far off WCE is from its destiny. China contractors would have finished it long ago. I have been selling progressively and have the last third of my holdings left and that is the frustration as there were misleading statements of end date and it kept shifting further and further. Money invested could have been deployed elsewhere for better returns.

Posted by arripapaa > 1 week ago | Report Abuse

@vespa, agree with you

DestinyL

4,749 posts

Posted by DestinyL > 1 week ago | Report Abuse

Watch the videos to understand why section 7 progress was slow, understand the details not just the percentile
I wouldn't make any judgement based on the percentile alone and ignoring any hard facts to be found in the videos

DestinyL

4,749 posts

Posted by DestinyL > 1 week ago | Report Abuse

Yup, best to flush out the shareholders hoping for a quick buck

vespa

925 posts

Posted by vespa > 1 week ago | Report Abuse

@Destintyl I shall let that remark pass. We are not derampers/trolls but allocators of funds and not some willy nilly two bob investor. The concession agreement was signed in 2013 and we have had many reincarnations of completion dates. This one was in the Edge " After a long wait, West Coast Expressway to be completed end-2024". The saga continues. To suggest we are in a for a quick buck is rather flippant and for the birds. The risk investors run; there is every possibility it would be taken over by Amanat Lebuhraya Rakyat Bhd (ALR) at some stage (just as Gamuda sold its tolled roads) before it reaches its full potential. Gamuda has enjoyed years of toll revenue and I wonder how many years WCE would have before it is sold. As for now it is EBITDA positive and it would take several year at this rate to be profitable. Some of us have to reluctantly put this in our pipe and contemplate. Always be reminded of UEM (owners of PLUS) and how so many lost out when it was privatised.

vespa

925 posts

Posted by vespa > 1 week ago | Report Abuse

As the saying goes, paraphrased, we have to keep them honest.

Posted by MarketNavigator > 1 week ago | Report Abuse

Regardless, I still believe WCE would turn red to green in the q3

vespa

925 posts

Posted by vespa > 1 week ago | Report Abuse

👌

Bitgold

53 posts

Posted by Bitgold > 1 week ago | Report Abuse

Below Rm0.80 will become history soon

Bitgold

53 posts

Posted by Bitgold > 1 week ago | Report Abuse

Qtr report will turn green next qtr or next next qtr the latest

limch

3,329 posts

Posted by limch > 1 week ago | Report Abuse

Short of fund to complete Section 7 due to continued losses?

Nepo

Hi wondering why Section 7 construction so slow..? From March 24, 70% to Dec 24, 77%, 10 months only progress by 7%..

1 week ago

limch

3,329 posts

Posted by limch > 1 week ago | Report Abuse

Right Issue may be needed to expedite WCE highway completion?

limch

3,329 posts

Posted by limch > 1 week ago | Report Abuse

If some1 travel from North(eg Penang, Alor Setar, etc) want to go to KL(not Klang) will they use WCE highway even toll is cheaper than Plus highway?

Bitgold

53 posts

Posted by Bitgold > 1 week ago | Report Abuse

我从37楼一直往上搬到114楼。还好不必交房租。新年过后房东帮忙把家门从红色换去青色了。还说了一句“耶稣说信者得救“

Bitgold

53 posts

Posted by Bitgold > 1 week ago | Report Abuse

Ada free warrant issue ?

albertyek

486 posts

Posted by albertyek > 1 week ago | Report Abuse

after CNY confirm will uptick right pass RM0.80

Posted by MarketNavigator > 1 day ago | Report Abuse

Spot on and it's about to breach 80 cents

Post a Comment
Market Buzz