Posted by albertyek > 2023-05-13 11:05 | Report Abuse

it is safe to assume that opening of Section 11 will have more solid impact as compared to the opening of Section 7 as it is the first or final section of WCE to divert heavy traffic in and out of PLUS highway...for me Section 7 is just a missing link of the whole project but not as pivotal as Section 11

Posted by Husky78 > 2023-05-13 11:08 | Report Abuse

ks5S, good sharing, please monitor closely, if EPF start buy, please share here ya.Let rich together, Thanks.

Posted by skynet2000 > 2023-05-13 11:12 | Report Abuse

I believe WCE statement on Section7 completion by end of 2024 is of public relation speak.
As usually retailers (1) will not really go deep into the actual progress, (2) will forget about WCE statement sooner and later, they could achieve their target of publicity as of this moment.
However, if we just take 1 minute to visit WCE website to view work progress, it show Section 7 (and others' Section) progress with nothing hiding; we see present it stay at 59%., and work progress at 1% per month.
So it will take 41 months to complete (if no other bad news), by end 2025.

Posted by Husky78 > 2023-05-13 11:23 | Report Abuse

Agreed with you, more real. Except if other section completed, all the contractor all out to speed up the sect 7 project.( Don't know make sence or not)

Posted by Husky78 > 2023-05-13 11:33 | Report Abuse

albertyek, some value point from your view, sect 7 should start first if it is very important to the entire project, i also doubt why so late to start..

Posted by skynet2000 > 2023-05-13 11:39 | Report Abuse

I believe WCE statement on Section7 completion by end of 2024 is of public relation speak.
As usually retailers (1) will not really go deep into the actual progress, (2) will forget about WCE statement sooner and later, they could achieve their target of publicity as of this moment.
However, if we just take 1 minute to visit WCE website to view work progress, it show Section 7 (and others' Section) progress with nothing hiding; we see present it stay at 59%., and work progress at 1% per month.
So it will take 41 months to complete (if no other bad news), by end 2026.

Posted by Husky78 > 2023-05-13 11:42 | Report Abuse

Wau, 2026..serious delay if base on current progress..

Posted by skynet2000 > 2023-05-13 11:46 | Report Abuse

Of course, works could be expedite by project team say push for 2% per month, bring back to 21 months, from now, mean finish by Jan-2025. From the present progress, I do not see the "will" from WCE management to do so; form past 6 months of 1% per month.
If WCE have push for 1.5% or 2% per month, I will share here with all for their effort, and wish to have earlier opening of WCE expressway to enjoy the benefit of using good path to Taiping/Penang and yet to have golden goose to lay gold eggs earliest possible.
Instead of "sing song" at public media for good days ahead but yet no actual progress at the construction site.

Posted by Husky78 > 2023-05-13 11:49 | Report Abuse

Thanks for real sharing

Posted by speakup > 2023-05-13 11:49 | Report Abuse

Husky78 reminds me of DK in Jaks

Posted by Husky78 > 2023-05-13 11:57 | Report Abuse

Once i know EPF in, i will share in this forum.let rich together.

Posted by albertyek > 2023-05-13 11:58 | Report Abuse

project progress is also an estimation so since IJM is doing the construction I am very sure they themselves want to complete it soonest possible to reduce the rate of interest in their debt repayments for this project...OPR is going off the charts

Posted by skynet2000 > 2023-05-13 12:30 | Report Abuse

I'm surprise that the commencement of Section 7 is very late as compare to others Sections, as it is the spin of the whole expressway.
Of course, the story behind could be beyond control of WCE management and IJM as construction arm.
Nevertheless, if I was the management, I will go all out to push the progress of Section 7 work, to ensure it's progress could meet the others or get much closer to them, not as end 2026 vs 2024 of others.

Posted by Husky78 > 2023-05-13 12:31 | Report Abuse

skynet, other sect yet to be completed, may be difficults for them to move the manpower, if other contractor can complete within this year and relocate the manpower, look like finish by Jan 2025 not the dream.

Posted by skynet2000 > 2023-05-13 12:58 | Report Abuse

As of now, Section 1- if of 88% (11km), Section 2 is of 83% (7km), Section 3 is of 80% (10km), average is of 84% at (28km).
As compare to Section 7, is of 59% (29km).

We have 2 options now:
1. to recruit similar source of working team, machineries and project management team to undertake half of Section 7 work as separate contract, in order to have 2% progress per month.
2. To stop the working teams at Section 1, 2 and 3, and transfer them to half of Section 7, to expedite Section 7 and complete it first, then return to their original work scope.
This rescheduling will help to bring in car flow to use WCE from Klang to Taiping, and left Klang down south to Banting as last and less priority path.

Posted by skynet2000 > 2023-05-13 13:08 | Report Abuse

@Husky 78:

As per progress on Section 1 (88%) ,2 (83%) ,3 (80%) and 11 (82%), each of them will take 12 to 20 months to finish their own section.
Which means, wait for their each section to complete then relocate their resource could help to expedite Section 7 work in the near (12 months) future.
As concessionaire, this may not be the best approach, my above suggestion could be an good alternative solution for them to focus on the critical route and scarifying the last section to Banting.

Posted by beinvested > 2023-05-13 13:53 | Report Abuse

I went to Beruas from Taiping (Changkat Jering) 2 weeks ago, via Sungai Rotan, to enter the new Highway (WCE) and traveled until Lekir...Kuala Selangor and Sungai Buloh. Nice. The alternative for PLUS Highway. Very good views for the padi fields also.

Soon the better when it is extended to Changkat Chering.

Posted by ks5S > 2023-05-13 14:38 | Report Abuse

don't need to study much until so detail on the construction time to time the entry.

Posted by ks5S > 2023-05-13 14:39 | Report Abuse

now is the best time to buy before fund institution go in as the price is still affordable for common people like me to buy

Posted by ks5S > 2023-05-13 14:44 | Report Abuse

I can buy 100 lots for only 50k for a highway business. Cheap

Posted by ks5S > 2023-05-13 14:45 | Report Abuse

later 100 lots will cost you 200k

Posted by beinvested > 2023-05-13 15:45 | Report Abuse

It is this type of business that EPF would want to invest. It only cost a fraction from those giant counters and the upside potential is so physical and obvious when looking at the future development from that part of the country.

Posted by Husky78 > 2023-05-13 16:04 | Report Abuse

Is good that we know the detail so that we can invest accurately, agreed this the good time to invest

Posted by ks5S > 2023-05-13 16:13 | Report Abuse

this is risk free counter. it helps to build the nation. that is why anwar plead those fund to play a role in nation building

Posted by ks5S > 2023-05-13 16:24 | Report Abuse

more upside than downside for wce.
Just close eye and buy. Sleep well holding it.

Posted by albertyek > 2023-05-14 08:29 | Report Abuse

Downside for WCE is mega earthquake or meteorite disaster happens destroying Malaysia otherwise iit is all upside

Posted by speakup > 2023-05-14 09:58 | Report Abuse

From my experience investing in Litrak, the main risk is govt. If govt force toll freeze or toll reduction will cause share price drop.

Posted by speakup > 2023-05-14 10:17 | Report Abuse

In Malaysia toll freeze and toll reduction are very common elections promises.

Posted by DestinyL > 2023-05-14 14:29 | Report Abuse

Don't forget every new section opened, will add additional revenues even if at sub-optimal traffic. Each additional adjacent sections opened up will also improve the traffic of the connecting section.
New section opening won't improve the profit (due to interest for that completed section will not be capitalized but expense out), but it will improve the cash flow for further construction works

Section 7 slow moving is not purely due to the effort on construction, it is also to do with some buildings are still not vacated. Remember the land acquisitions are only 99% done fairly recently per last QR, and some of the purchases done are probably not due for vacate, hence the existing owners may still have time to vacate

This vlog has some pretty good updates. Below links are both for section 7 but they are 2 months old, let's hope there will be vlog updates for section 7
https://www.youtube.com/watch?v=C9w9ZWg_qF0&t=1011s
https://www.youtube.com/watch?v=THOPCsDk1y0

From part 1, seems like there should be no hindrance on progress, just effort required
In stark contrast from part 2 videos, some buildings along the way still occupied as of 2 months ago
You can also see that some of the land were probably only recently vacated
Sungai Tengi area is probably the worst stretch in terms of readiness (final part of section 7 in Selangor)

Posted by DestinyL > 2023-05-14 14:34 | Report Abuse

In the short term, there will be ups and downs, how market movers want to play with news and media, or how traders will influence the share price movement

For long term investors, just don't read this forum too often and get your emotions stirred, weekly glance is good enough

Posted by vespa > 2023-05-14 15:47 | Report Abuse

@speakup that is my concern too.

Posted by Edge > 2023-05-14 18:49 | Report Abuse

Yes understand government intervention can affect revenue etc. But there are also conditions stipulated in the contract. Hence have to negotiate and maybe find win-win situation. Like recent news about possible extension of highway concessions period, to make up for toll hike freeze.

Posted by speakup > 2023-05-14 21:28 | Report Abuse

@edge, u can use Litrak as a case study to know how things like govt decisions, elections, interest rates etc affect toll operators

Posted by speakup > 2023-05-14 21:35 | Report Abuse

Litrak was giving speakup 5+ percent dividend every year until it was privatized. Then speakup move funds to REITS like Sunway and Alaqar which give about the same or slightly more dividend than Litrak

Posted by speakup > 2023-05-15 21:27 | Report Abuse

https://www.nst.com.my/business/2023/05/909523/cloudy-outlook-small-and-mid-cap-stocks-rhb-research

WCEHB is immune to downturn. Best hebat!

Posted by albertyek > 2023-05-15 21:57 | Report Abuse

harhhh tau takpa pasai sudah takdir jadi target KWSP

Posted by rohank71 > 2023-05-15 23:57 | Report Abuse

dead stock. over valued. pls don't touch.

Posted by albertyek > 2023-05-16 05:17 | Report Abuse

thriving stock..under valued...please don't touch while I gather up my capital to invest more

Posted by speakup > 2023-05-16 07:42 | Report Abuse

I agree WCEHB is overvalued now.
But ppl are looking 2-3 years ahead where by then 50sen will be undervalued.

Posted by Nvgiveup > 2023-05-16 12:33 | Report Abuse

drop more, I will take more tickets

Posted by speakup > 2023-05-16 14:12 | Report Abuse

Hard to drop cos many long term investors here who can hold 2-3 years

Posted by speakup > 2023-05-16 14:48 | Report Abuse

Those who cannot hold 2-3 years selling now
Those who can hold 2-3 years buying now

Posted by skynet2000 > 2023-05-16 15:00 | Report Abuse

For long term concessionaire, the journey until opening of the expressway take years.
If I recall correctly, it start work on 2015, in between the work tenure, they faced difficulty on financing issues then covid, all have delayed the completion of the works.

For FI point of view, in between the journey, certain period of times, like opening of some ready Sections for toll collection could be an fresh opportunity for them to push up WCE share prices for a while for them to take some profits, instead of waiting of the actual opening of while WCE line, which is only on end 2026.
Just remember, if you buy this share at present price, there is no more good reason (based on actual quarterly report), to push price up further.
Buyer shall hold for 3 years + for the good time for fruit.

Posted by speakup > 2023-05-16 17:17 | Report Abuse

Today weak holders and short term.holders sold

Posted by wahidul > 2023-05-16 18:34 | Report Abuse

guess the completion date is roughly end of 2024,by early 2025 will be fully operational,less than 2 years to go,if not wrong,correct me please if I’m wrong,(based on what I read in the edge)

Posted by DestinyL > 2023-05-16 22:27 | Report Abuse

Enjoy your the fruit of your investment, a much awaited launch
https://www.youtube.com/watch?v=zX0iubcWSpA

Posted by speakup > 2023-05-17 13:16 | Report Abuse

Tiba tiba this forum so quiet
Semua dah lari
Aduh!!!! Trapped

Posted by Nvgiveup > 2023-05-17 13:18 | Report Abuse

wait for the qr report, it might fly and try to touch TP 0.55 or 0.60

Posted by ks5S > 2023-05-17 13:25 | Report Abuse

will move up soon. Just be patience

Posted by albertyek > 2023-05-17 17:52 | Report Abuse

QR report due next week so be prepared for the showdown