WCEHB-WF already break 0.505 today. WCEHB should also break 0.75. Hope KLSE is a bull market in the second half of 2023. Good luck to all investors here.
Earnings in FY 2023 and 2024 are not important anymore. Investors are looking at future earning. If you have 8.06 billion now, you cannot build this WCE because the land cost and labour cost are higher than 5 to 10 years ago. Hence the share price at the current level is very cheap. If you value WCE at 8.06 billion, the share price should worth 2.70. The share price will move up north as the completion time is getting nearer and nearer. Hope there is no delay in the completion time frame. My 2 cents comments.
You can't totally say the earnings is not important at all, you can only say controlled losses is acceptable If the loss for 1 quarter goes to 200m, price will still take a hit
Looking at all the past quarter results, the loss in the future quarter will be very small. Another 4 sections of highway are open up for toll collection at the end of 2023, this extra revenue will reduce the losses further. I worry the highway cannot be completed in time as per schedule.
Results won't be good la, realistically. Nobody expecting it to make money for a while. To say otherwise, is saying the management lied in their quarterly report.
I think the schedule may only take 1 or 2 extra months, probably still acceptable, its Malaysia.
This blower below just pakai blowing saja. Last quarter one time profit RM160 million due to land sold to IJM. You ingat every quarter IJM coming buy land ke?
I guess now only the office building and office land left.
speakup
Previous Q profit about 160mil Coming Q profit will be even better! 180mil I think
When we say don't believe, it would mean we don't see or don't know of any special event taking place If you know of any special circumstance WCE could make similar or even better profit and share with us, only then we can have the imagination to see this outcome
Otherwise if it is just BAU business as usual, we don't see that happening
@speakup, as much as I like this counter also, but u need to be realistic, did u really read their previous qrt why it was 160m profit? To be fair, dont be surprise if coming qr will be at loss too, but hopefully it will be a minor loss thou.
if next QR is profit, Felix888 going to cut his kukubird..wait maybe no kukubird since he/she no confident that WCE highway can be completed in one to two years
Once the share price breaks 0.75, everyone will get excited. No point to talk now until the share price breaks 0.75. I want to see the share price able to break 0.75.
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....
Edge
230 posts
Posted by Edge > 2023-08-15 09:29 | Report Abuse
Hi semua, will it break 75c this week? or next week?