Construction industry doesn’t show profit in an instant! Few red quarters in their financial is normal as they, themselves have made it clear to you. Does it prevent the management from buying ? Does it prevent big investor from not adding their shares in wcehb? A big NO!
If your forecast the toll route to Ipoh , Perak is not going to fetch high toll rate, then don’t buy lah. U think immediately built the toll, immediately got money flow into the toll consession? Hello, need time lah.
many who have been early promoters and perhaps sold are in the game with an about turn hoping a fall would indulge them to a second round. Klsei3 has allowed manipulators to orchestrate and so caveat emptor to sellers
Financial risks zero - rights issues done, financing secured and sufficient to complete the project.
Implementation risk is near zero - IJM the taiko has vast experience and no problem to complete it. The land acquisition is 95% done.
Operation risk is also near zero - government has approved the toll collection! Flexicity pointed out extension of Plus highway means no free highway yet until 2058.
Sure we use WCE when toll FOC. When start to charge toll we will think twice or avoid.
abang_misai I’m still here with my average cost 0.334. There will be catalytic news going forward with more and more sections to be opened to public. 18/01/2020 9:17 AM
United Engineers was a languishing counter before the proposed highway injection.On near confirmation it would be the vehicle for the N-S expressway it took flight. So don't be fooled by this rubbish it was a penny stock. I was an early investor
I was also an investor in Timecom when many thought it was rubbish and said there there...and was a hopeless cause competing with Telekom. You hear these incorrigibles over and over again. At these prices it is good value but don't expect it to run away in prices. Patience.
Since there are some different view on WCEHB. Apparently create opportunity for long term investors accumulate this stock gradually before it reflect to higher price and better valuation.
Those who have not tried WCE through its open stages are not fit to comment.I have tried and know it is going to be a winner.The journey is shorter ,flat throughout ,no treacherous up and down ravines to cause accidents easily.It traverse in between and close to many towns ,kampungs and settlements with people and activities which will find it convenient to use the highway giving it lots more local users going for short stretches .The long haul journey up to Taiping is going to be shorter and save on travelling time which will pull drivers from the NSE.
Highways unlock many opportunities which supports economic growth over time.... Buy a 100k condo(ie shares) as a holiday home. Wait 3 years.... Should be complete highway..... Currently early stage of recouping cash flow.... It can only get better....
For us, it does not matter if the population is small, we will connect to anywhere along the WCE where there is a population. Even if there is no chicken (matured development or sizeable population), we will connect our highway and bring the egg there!” quips Neoh.
As it was my first on WCE ,I wasted some time looking for the existing JKR roads to connect to the completed stretches of WCE.Our return trip from Penang was entirely on NSE, which was boring and sure enough traffic slowed to a crawl after the tunnel because a goods lorry had skidded and lying on its side blocking half the road.Despite loss of time in the detour,Travelling time was about the same.The distance from Shah Alam to Penang is 351 km on NSE.Compare this to WCE is 310.6km of which 55 km is toll free .Shah Alam -bkt Rajah 5km,-Kapar9.7km,-Assam Jawa 21.8km, -Tanjun Karang 29.5km -Hutan melintang (toll free 55km),-Teluk Intan 19.1km,-Cermin/Lekir 28km,-Beruas17km,-Changkat Jering/Taiping 35.5km,-Butterworth 90km. WCE stretch is shorter and if toll rate is same,the toll free section which account for the slack will incentivise it to be the preferred route not only for sedan cars but lorries as well which can save tremendously on wear and tear and fuel cost giving the flat terrain and absence of treacherous road stretches. Balik kampung to various parts in the north is never easier as the WCE route straddles across many towns west and east of the highway.Going south to the major ports in Klang and for working folks to homes in the Klang valley is also a breeze as the flat terrain feeds into LATAR,NNKSB,SKVE,KESAS,FH ROUTE 2
WCE chart looking bullish.completed a triple bottom mimicking a inverse head n shoulder formation with rising macd,rising stochastic.Price projection after this consolidation is the next level to 0.51 basing on the first platform of 0.31 to 0.41
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sell
2,456 posts
Posted by sell > 2020-01-17 22:56 | Report Abuse
Even true, WCE only complete in 2022. Toll(even meaningful) will come then not before. Expect 2 years QR in red.
Posted by shareinvestor88 > Jan 17, 2020 10:37 PM | Report Abuse
Much easier to drive via WCE than NSE to Taiping.
The menora tunnel area is windy.