Current mkt cap is RM2 bil.Cost of construction of wce is RM8 bil. 68 times 4 = 2.72,this being the rough estimate of value of wcehb stock,without taking into ac future population growth,future toll rate rise,etc. So how? Is it too late? Lol.
@Hemsley, if u scared to chase Wce, buy Ijm instead for indirect exposure to Wce. Cos Ijm owns 40% of Wce. FYI, last time when Bjfood goreng, speakup bought Redtone for indirect exposure to Bjfood. Made good profit from it
IJM market cap also only 5B, with P/B at 0.5. Gamuda P/B also only ~1. WCE P/B already closing to 2. That's why I asked whether it is too late to enter.
Probably will have enough fund for at least another year, if not until fully completion However maybe after fully complete, I still expect some influence for corporate action to raise fund reduce debt, and at the same time they want to increase shareholding
Federal govt loan them RM2 bil plus for construction costs n another 980 mil to settle land issues,govt knows wce is vital to resolve severe jam at nse,they have the govt as back up.
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....
rchi
20,941 posts
Posted by rchi > 2023-07-04 16:50 | Report Abuse
Pang,PMX did instruct epf to increase the amount they invest locally.Hope epf board bukan gaji buta.