Posted by SUPERMONEY > 2021-01-07 12:27 | Report Abuse

KLCI index reverse. buy at low

Posted by JL9999 > 2021-01-07 16:55 | Report Abuse

No hope already TT

Posted by Choivo Capital > 2021-01-08 11:14 | Report Abuse

https://klse.i3investor.com/blogs/PilosopoCapital/2021-01-08-story-h1539231431-_CHOIVO_CAPITAL_WCE_3565_A_2021_Update.jsp

Posted by investor223 > 2021-01-08 12:05 | Report Abuse

Time to collect more?? Buy low sell high

Posted by SUPERMONEY > 2021-01-08 19:05 | Report Abuse

fund flow out and jump into glove section.

Posted by paperplane > 2021-01-13 14:14 | Report Abuse

no travelling, where got toll revenue leh. relax, dont rush mah.

Posted by Rational_Investor > 2021-01-13 22:40 | Report Abuse

No travelling for how long? You don't value a stock like that. But sentiments definitely work like that. So just take advantage of any drop due to negative sentiments.

Posted by steady31 > 2021-02-09 13:42 | Report Abuse

Choivo, don't you agree that the company should concentrate on completing section 11 first so that commercial and other traffic from Penang can get into the highway breathing life into the s10,9, 8 which are already completed and can collect toll.From there they can use the existing FR5 all the way to Ports Klang and Wesport.As it is ,s11 is the bottleneck

Posted by steady31 > 2021-02-09 13:52 | Report Abuse

I have used the highway and it is smooth all the way until the stretch from Beruas to Changkat Jering by the old federal road which is narrow and winding.So if this stretch which is covered by section 11 could be completed earlier, most of the traffic can already use WCE from and to the north.That would mean higher toll collection while waiting for the whole highway to be completed

Posted by albertyek > 2021-02-11 11:29 | Report Abuse

@steady31 WCE Section 11 land contour is quite hilly and this poses a greater challenge for the effort of levelling the landscape...if all is well then 2022 should be the year of completion...better late than never

Posted by happycool > 2021-02-18 09:42 | Report Abuse

wake up from sleep ady

Posted by albertyek > 2021-02-18 10:01 | Report Abuse

hahahaha I KNEW IT

Posted by albertyek > 2021-02-18 17:22 | Report Abuse

yippikahyayyy RM0.40 closing price..really HUAT AHH

Posted by Kengor > 2021-02-18 20:03 | Report Abuse

lets continue the rally tomorrow

Posted by Johnzhang > 2021-02-22 17:58 | Report Abuse

Very strong closing. More legs to run.

Posted by steady31 > 2021-02-22 22:20 | Report Abuse

Why do the two largest shareholders decided to convert their PA shares to ordinary shares just days apart if they did not expect some corporate activity coming up which are positive for the share price? Could it be the the highway trust proposal that may take over the highway for a sum that is a substantial premium over existing traded price

Posted by Johnzhang > 2021-02-23 09:40 | Report Abuse

May be a privatization exercise on the card .

Posted by Johnzhang > 2021-02-23 09:43 | Report Abuse

I think the cost of the 2 major shareholders namely mWE and United frontier is about $0.80-0.90 after considering the RI dilution and some holding cost .

Posted by Johnzhang > 2021-02-23 10:00 | Report Abuse

Hope Choivo capital can comment on its results for qtr ending 31/12/20 which has just been released.

Posted by Flying Fox > 2021-02-23 10:09 | Report Abuse

Still red, lousy company

Posted by steady31 > 2021-02-23 10:11 | Report Abuse

John, you hit the nail on the spot.The share price is moving up to justify the proposed takover price which may be in the region of 0.70s-0.80s

Posted by Johnzhang > 2021-02-23 11:10 | Report Abuse

Flying Fox, you must understand the nature of its business first. The losses are from recognizing the interest as expense and amortization of the completed section of the highway. WCE highway will soon be completed and once toll collection for the whole stretch kicks in , the company’s outlook greatly changed. 50+10 years of toll collection from one of the major highways is no small matter.

Posted by Edge > 2021-02-23 18:15 | Report Abuse

Need to see operational cash flow and ebita as well

Posted by Johnzhang > 2021-02-28 12:00 | Report Abuse

I guess you have to pay much higher price once the toll turn profitable. It's a question to buy it very cheap now or to pay much higher price when profit is visible. The choice is yours . Don't forget WCE also own 40% of the 1,800 acres Rimbayu development managed by IJM. It's a valuable?assets at very low cost in the book. It also provide steady income over long period of tines .

Posted by albertyek > 2021-03-05 17:35 | Report Abuse

RM0.40 we meet again

Posted by paperplane > 2021-03-05 20:27 | Report Abuse

Economic open back, traffic shld recover later. Cross state maybe allowed soon

Posted by tamizy > 2021-03-05 20:32 | Report Abuse

if your check the wce highway camera, traffic recover a lot.....

Posted by albertyek > 2021-03-05 22:01 | Report Abuse

Any price below RM0.50 is considered dirt cheap comparing to its potentially massive return in the future especially starting with the opening of Section 11 Changkat Jering to Beruas by year 2022. Guaranteed to succeed.

Posted by Johnzhang > 2021-03-06 16:18 | Report Abuse

This stock was about $1.20 in 2017 after adjusting for the RI. Now the highways is so near to completion I think share price should catch up to at least $1.20 soon.

Posted by wehcant > 2021-03-10 12:02 | Report Abuse

Awesome. Brokeout with volumes!

Posted by wehcant > 2021-03-10 12:03 | Report Abuse

MIni cup and handles.

Posted by albertyek > 2021-03-10 13:06 | Report Abuse

RM0.50 on the way my comrades

Posted by Johnzhang > 2021-03-10 17:49 | Report Abuse

$0.50 tomorrow??

Posted by albertyek > 2021-03-10 17:57 | Report Abuse

RM0.50 in the near term...hopefully to stay around or above RM0.44 for the rest of the week

Posted by wehcant > 2021-03-10 20:46 | Report Abuse

Today's breakout is quite significant because the price successfully broke the area of confluence of three resistance lines that are formed by a pennant, double peaks and channel. TP? 0.47, 0.50, 0.54, 0.595 based on Fibo projection. This is not a BUY call. Just for sharing purposes only.

Posted by albertyek > 2021-03-10 21:17 | Report Abuse

Whatever It Takes To HUAT AHH

Posted by Johnzhang > 2021-03-11 17:20 | Report Abuse

Today take rest for the next big rally.

Posted by Johnzhang > 2021-03-11 17:21 | Report Abuse

Chiovo Capital value this at $1.50+ very recently.

Posted by albertyek > 2021-03-11 18:11 | Report Abuse

10 million units traded but price remains the same...not so much rest

Posted by Edge > 2021-03-12 00:39 | Report Abuse

The stock seems to have much potential. Are there any risks or downside we should be aware of?

Posted by wehcant > 2021-03-12 10:28 | Report Abuse

This counter, you need to KIV. A very significant C&H is forming. Waiting eagerly. Once breakout, fly it will.

Posted by albertyek > 2021-03-12 16:48 | Report Abuse

what is C&H?

Posted by maggigoreng > 2021-03-12 16:59 | Report Abuse

chicken and ham in trading terms, or cup and handle in the kitchen

Posted by trading2019 > 2021-03-12 17:23 | Report Abuse

It looks more like a double bottom to me.

Posted by albertyek > 2021-03-16 20:36 | Report Abuse

Alahaiiii biuy lah people..think positive mah

Posted by Edge > 2021-03-17 10:35 | Report Abuse

Market not stable, political uncertainly, extended CMCO likely reasons for hesitations. Recent price surge unable to break 50c. There's concern whether it may falls to previous level of mid 30c.

Posted by albertyek > 2021-03-17 11:54 | Report Abuse

No way drop back to RM0.35+++ as completion of Section 1,2,3 & 6 are just around the corner

Posted by wehcant > 2021-03-17 15:05 | Report Abuse

The volumes of the past 5 weeks justified the price action. It's very unlikely it will drop to 0.35. It's a matter of time a significant breakout will ensue.

Posted by albertyek > 2021-03-17 16:51 | Report Abuse

RM0.44 closing today..thank you very much

Posted by Kengor > 2021-03-17 16:54 | Report Abuse

very bullish sign!! tomorrow will fly hehe