If Klang valley people can't use the highway until Ipoh or Taiping what is the point building this highway? That's why the highway is empty now. The toll collection not enough to pay for bank interest. A lot SME subcontractors already bankrupt because of miss management of this highway construction
Land acquisition issue not easy to resolve. Especially Malay reserved land. Big headache for WCE. Dragging for years already. Highway already collecting toll but not 100% ready. 😅
Don’t have to worry the $4bil debt of WCE. Focus on the revenue potential instead . These debts are long term debts matching to the concession period of 50 years . With toll revenue reaching over $1 bil /year from the early years of full operations and increasing year by year, the $4 Bil debt spreads over 40 +10 years is nothing.
After the latetest update from Section 2 & 3, i m wondering are they still facing any land acquisition problems or just price tag issues for some parts of this two section... Big"?" to me is this highway can be fully completed on time?
I can only find latest Plus annual report 2010. Based on the report , toll collection in 2006 was $1.681 bil and $2.573 bil in 2010 . Plus enjoyed 11% compound growth from 2006 to 2010 (4 years). By now Plus toll collection would have exceed $12-15 bil per year after considering the toll rates increase/compensation . EBITA was consistently about 80% , averaging 84% from 2006to 2010 period .
Posted by speakup > 28 minutes ago | Report Abuse My remisier told me OTB & gang masuk Wce. Is this true? ------------------ Bad news. A sad case. WCEHB cannot perform loh !!. Someone has to sell WCEHB fast. I think the share price of WCEHB will drop fast.
pang72 cannot even make a million profit from KLSE. No record to show he made big profit. Do not even has million capital to invest in KLSE. Buy 1 to 2 lots standard, still want to bad mouth sifu OTB. OTB made multi million profit from KLSE. Nothing to compare !!
pang72, Fxxk you. I do not even want to write in I3 forum, still want to attack me. Anything wrong with you ?? I made multi million profit from KLSE, you have nothing to compare against me. Do not embarrass yourself here. Many readers in I3 become millionaires due to my effort. My recommendation on Supermx made many readers here to become millionaires. You do not have this type of capability to challenge me. Fxxk you, pang72. Stupiid idiiot, no mother to teach you manner.
There are a few good and smart sifu here. ValueInvestor888 rchi speakup Johnzhang skynet2000 I used to track their postings everyday so that I do not want to miss out all good stocks they have in mind.
Posted by speakup > 1 hour ago | Report Abuse My remisier told me OTB & gang masuk Wce. Is this true? ---------- sifu speakup, Please leave me alone, I prefer to make money quietly. Do not post this type of news in I3 to avoid other attackers to attack me. I have made my money in KLSE, I prefer to live a quiet and peaceful life. I have enough money to last until the last day of my life, I wish to have a peaceful and wonderful life. Thank you for your understanding.
Aiyoh settle 100% construction from Banting to Taiping can consider for long term investment. Now the risk still high, any delay the toll collection is not enough to cover the expenses and interest.
Aiyoh land acquisition in Malaysia not easy to settle. Must go in deep inside the land owner`s Yi Ma Ku Jie story. If easy to settle won't be drag for a decade to build a broken highway ma.
It is true that there are many sections, the road not connected and there are buildings in between. You may check the latest youtube that taking a drone to capture the video for the whole 233km WCE. It is also true that any delay is costly as the interest is ~190M PA. So faster short it to 60c for the last time so that ppl like me still able to get cheaper tickets.
Total liabilities RM6.198 BiL is reflected in the fixed/non-current asset RM6.2 Bil (infrastructure). Paid up capital of RM1.5 Bil (after accumulated losses of RM0.5 Bil), left around RM1.0 BiL in the Equity.
Yearly interest charges/expenses of RM156MiL (RM427,000 a day) is costly because the loan is RM6.2 BiL. The revenue should be increasing when the roads are being used busily by commuters daily and in the future. Those outskirt locations will continue to be developed because of the accessibility from this highway.
2 months ago, it was below RM0.50 when i traveled from Bruas .
QR ended 30 June will attract much interest from peoples.
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Felix888
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Posted by Felix888 > 2023-07-16 10:35 |
Post removed.Why?