WCE HOLDINGS BERHAD

KLSE (MYR): WCEHB (3565)

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Last Price

0.785

Today's Change

-0.015 (1.88%)

Day's Change

0.785 - 0.805

Trading Volume

421,900


9 people like this.

5,779 comment(s). Last comment by Bitgold 6 days ago

Icon 888

2,301 posts

Posted by Icon 888 > 2022-03-30 22:15 | Report Abuse

1/4/22 open

Icon 888

2,301 posts

Posted by Icon 888 > 2022-04-01 00:45 | Report Abuse

Besok open la PLUS raya mari..

shah800710

104 posts

Posted by shah800710 > 2022-04-02 22:57 | Report Abuse

Their new highway from Russia to Ukraine

Icon 888

2,301 posts

Posted by Icon 888 > 2022-04-04 09:47 | Report Abuse

Raya Mari la

shah800710

104 posts

Posted by shah800710 > 2022-04-04 22:19 | Report Abuse

Government will launch Amanah Lebuhraya Rakyat (ALR) to takeover main highway in Malaysia. Litrak share price has gain a lot. WCEHB share price also jump 5% today. Will this price will go further to 50 send?

Icon 888

2,301 posts

Posted by Icon 888 > 2022-04-05 15:20 | Report Abuse

Twin turbo engine mari

Edge

230 posts

Posted by Edge > 2022-04-05 17:13 | Report Abuse

Stock starting to gain interest

Edge

230 posts

Posted by Edge > 2022-04-05 17:14 | Report Abuse

I recall someone valuated the stock to be RM1.50 or something. Will that the price govt will "pay" to take over concession??

Icon 888

2,301 posts

Posted by Icon 888 > 2022-04-06 02:09 | Report Abuse

Follow litrak,, kps, gamuda

shah800710

104 posts

Posted by shah800710 > 2022-04-06 09:43 | Report Abuse

Once deal with Gamuda settle, then they will go to Plus, WCE, Prolintas, Shapadu

steady31

318 posts

Posted by steady31 > 2022-04-06 11:06 | Report Abuse

Plus was bought by the GOM and sold to EPF and Khazanah for 23B in 2011.By 2020 there were three bidders of as high as 30B to takeover Plus highways. WCE highway when ready competes directly with Plus for destinations in the north and enjoy advantages of being relatively flat which will appeal to commercial traffic for fewer wear and tear losses and passing through and closeby many towns and villages which will be attractive to motorists and holiday seekers .It is highly conceivable that WCE will be a takeover target to have all highways under the same roof to harmonise toll rates and reduce competition and cannibalisation

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-04-06 11:09 | Report Abuse

Once it is completed, it will be a cash cow that many will go after .

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-04-06 11:11 | Report Abuse

Original cost of acquisition (after considering the right issue dilution) by the top 3 shareholders who collectively control over 60% of the company was more than double of today’s price .

steady31

318 posts

Posted by steady31 > 2022-04-06 16:02 | Report Abuse

The route alignment of WCE from the north to the south up to Banting and thereafter by FR32 to KLIA is superior as the distance and toll charges are expected to be lower compared to present travelling into and out of KLIA involve different tolled higways with separate charges. Motorists travelling on WCE will also experience saving from the non-tolled stretch fron Tanjung Karang to Hutan melintang

Edge

230 posts

Posted by Edge > 2022-04-06 23:51 | Report Abuse

@ John, thanks for sharing. Therefore if cost more than double current price, takeover price minimum 70c? This doesn't factor future earnings. Wonder what's the fair value as win win for both parties, as they say? If some parties can estimate they will start buying in a big way.

albertyek

485 posts

Posted by albertyek > 2022-04-07 08:17 | Report Abuse

RM2.00 takeover price considering there are many holders stuck at RM1.50++

JL99999

14 posts

Posted by JL99999 > 2022-04-07 09:05 | Report Abuse

U guys think and expect too much...then there will be disappointment. This counter already dead.

albertyek

485 posts

Posted by albertyek > 2022-04-07 09:38 | Report Abuse

@JL99999 dead your head hahahaha

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-04-07 10:02 | Report Abuse

@Edge, I think major shareholders like Surin and Pang will not agree if the takeover offer is anything less than $1.50. Notwithstanding that the RI was cheap , their cost for the initial batches of share acquisition was $1.30+ .
Someone has worked out the NPV of the cash flows based on certain assumptions of traffic volume about 2 years ago and he arrived at fair median value of $1.50+ too.
You can search for that posting in this forum .

shah800710

104 posts

Posted by shah800710 > 2022-04-07 10:06 | Report Abuse

RM0.70 for wce ka? Not include their highway from Russia to Ukraine...hahaha

albertyek

485 posts

Posted by albertyek > 2022-04-07 10:09 | Report Abuse

@Johnzhang RM2.00 could be nice to everyone

Edge

230 posts

Posted by Edge > 2022-04-08 00:06 | Report Abuse

@JohnZhang, thanks for reply. If the government is really serious to take over this company, the price shd fly when it is nearer to official announcement. At least 500% return from this level! Seems there's some slow buying interest these few days.

Edge

230 posts

Posted by Edge > 2022-04-08 00:08 | Report Abuse

@JL99999, pls do share your thoughts and your expectations. And why you think it's a dead counter.

albertyek

485 posts

Posted by albertyek > 2022-04-08 09:36 | Report Abuse

@Edge JL99999 could be a serious buyer who is looking for cheap deals and by posting pessimistic opinions on this counter he hopes that this will keep the price low hahahaha

Edge

230 posts

Posted by Edge > 2022-04-08 21:20 | Report Abuse

@Albert, yeah possible. We hv all kinds of people here. Anyway since this is open forum with freedom of speech, let's hear what he has to say. Who knows, he may know something that most others can't see. We can learn a thing or two.

albertyek

485 posts

Posted by albertyek > 2022-04-09 08:17 | Report Abuse

@Edge nah JL99999 always condemning but never provide plausible arguments on why this counter is not performing

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-04-09 09:17 | Report Abuse

This counter is in doldrums is due to excessive delay in highway completion and toll collection schedules, hence greatly affect the company’s cashflow. I think share price will go much higher once toll collection for 80% of its highway is reached . If traffic volume surpass expectation, share price will jump. Patience is the key .

shah800710

104 posts

Posted by shah800710 > 2022-04-11 22:50 | Report Abuse

At RM1.00 price tag, ALR only need to pay average RM3.6 billion. Too cheap lor...should be more than RM10 bilion market cap

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-04-12 07:51 | Report Abuse

I think this stock is good for people who is willing to hold it for at least 3-5 years to see robust return.

Edge

230 posts

Posted by Edge > 2022-04-12 13:19 | Report Abuse

@ John. Thanks for sharing. Checks on website shows latest project schedule updated till September last year. About one month ago, there was a post about fund required to complete highway and huge interest to service. Any concern this will impact project completion or the valuation of the counter? Kindly share your views. Thanks

shah800710

104 posts

Posted by shah800710 > 2022-05-01 19:13 | Report Abuse

Still maintain at 30 cents

Lee_CK

236 posts

Posted by Lee_CK > 2022-05-08 16:34 | Report Abuse

You all may take a look the latest progress of WCE at the month May 2022 with the following video:
Full Review WCE Highway Update part 1 ( May 2022 )
https://www.youtube.com/watch?v=vo6gcbMDFUg&t=90s

Lee_CK

236 posts

Posted by Lee_CK > 2022-05-08 16:40 | Report Abuse

Of course, you may refer to the following for the monthly WCE Highway project updates:
https://www.wce.com.my/project-updates/

Lee_CK

236 posts

Posted by Lee_CK > 2022-05-15 02:06 | Report Abuse

Full Review WCE Highway Part 2 Update may 2022 ( bukit raja to kuala Selangor )
https://www.youtube.com/watch?v=gwCDNzUeAeU&t=54s

albertyek

485 posts

Posted by albertyek > 2022-05-17 08:48 | Report Abuse

Still below RM0.50 is considered dirt cheap..don't say I didn't give advice earlier

shah800710

104 posts

Posted by shah800710 > 2022-05-26 20:48 | Report Abuse

Still loss making lorrr but not so bad compared to before

benykp

348 posts

Posted by benykp > 2022-06-03 04:51 | Report Abuse

https://youtu.be/aiUo73LNd_M

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-06-07 17:05 | Report Abuse


The land belongs to WCE’s 40% controlled associate , Bandar Rimbayu.?
https://newswav.com/A2206_4Pwe2v?s=A_Wv1Ot4t

shah800710

104 posts

Posted by shah800710 > 2022-06-12 13:58 | Report Abuse

Yes that's why their stock price start brewing

Mini2021

1,470 posts

Posted by Mini2021 > 2022-06-12 14:02 | Report Abuse

BREAKING NEWS: Mahsing going to take over TOPGLOVE and become world No 1 glove factory.........

Icon 888

2,301 posts

Posted by Icon 888 > 2022-06-21 08:30 |

Post removed.Why?

Tankt88

12 posts

Posted by Tankt88 > 2022-06-21 21:12 | Report Abuse

A portion of the West Coast Expressway (WCE) project is expected to only be completed in the next three years due to problems faced by appointed contractors as well as land acquisition issues.

Icon 888

2,301 posts

Posted by Icon 888 > 2022-07-14 01:07 | Report Abuse

Cash is king.. run

albertyek

485 posts

Posted by albertyek > 2022-07-15 10:58 | Report Abuse

https://www.youtube.com/watch?v=VH-P4T7HX-k

Just look at the progress of Section 12 Beruas Changkat Jering..by the time this is opened price is going to shoot way pass RM1.00

albertyek

485 posts

Posted by albertyek > 2022-07-22 11:43 | Report Abuse

https://www.youtube.com/watch?v=ctMayZnTkKU

harrhhh ini part TWO..kasi up sampai RM1.00 loh

Lee_CK

236 posts

Posted by Lee_CK > 2022-07-22 14:12 | Report Abuse

https://www.youtube.com/watch?v=IB9CF9Qz9wI

The latest update: Kompilasi E32 West Coast Expressway (WCE)

albertyek

485 posts

Posted by albertyek > 2022-07-25 09:53 | Report Abuse

yelah progress for bottleneck Section 12 Beruas Changkat Jering is so fast already still people no confident? really pessimistic mindset loh investors in KLSE

shah800710

104 posts

Posted by shah800710 > 2022-07-31 19:13 | Report Abuse

Loss per share reduce dramatically. More people using wce highway + efficient cost management

Icon 888

2,301 posts

Posted by Icon 888 > 2022-08-09 23:53 | Report Abuse

Simpan wang tunggu crisis

The_JQuestion

1,699 posts

Posted by The_JQuestion > 2022-08-12 17:28 | Report Abuse

ini big disappointment ... was one of the earlierrrr investor... wakkaka cut lost at 0.30 1/4 saja left no HOPE
sakit....see la when can masuk again

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