【WCEHB 3565 交流专区】（前名 KEURO）

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2015	31 Mar 2014	31 Mar 2015	31 Mar 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	16,340	0	23,382	0
2	Profit/(loss) before tax	-24,260	0	40,222	0
3	Profit/(loss) for the period	-24,032	0	38,685	0
4	Profit/(loss) attributable to ordinary equity holders of the parent	-24,232	0	38,169	0
5	Basic earnings/(loss) per share (Subunit)	-2.42	0.00	4.65	0.00
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.6211		0.2211

icy97

icy97 发表于 3-1-2013 01:06 AM
连接万津和太平路段 优乐家获西海岸大道经营权
财经新闻 财经  2013-01-03 12:28
（吉隆坡2日讯）优乐 ...

西海岸大道工程融资47亿

财经新闻 财经  2015-07-01 12:23
（吉隆坡30日讯）总值59亿令吉的西海岸大道（WCE）工程，向政府和金融界融资47亿4000万令吉，余额将由股东优乐家集团（KEURO，3565，主板建筑股）和IJM（IJM，3336，主板建筑股）负责。

优乐家集团今日向马交所报备，西海岸大道公司获得政府支援贷款便利，总值22亿4000万令吉。

该公司同时也与兴业投行、兴业银行和马银行（MAYBANK，1155，主板金融股）签署合约，获得高达15亿令吉的过渡贷款便利。

此外，该公司也与大马发展银行（Bank Pembangunan Malaysia）和兴业回教银行签署担保Murabahah回教债券合约，以发行10亿令吉的回教中期票据，并由大马发展银行和国家金融担保机构（Danajamin）担保。

西海岸大道这兴建、经营和转移（BOT）工程，总共需要59亿令吉的资金，因此，余额将会由两大股东负责，双方已承诺确保此项目成功完成，并承担融资的责任。

IJM是通过Road Builder（马）控股，持有西海岸大道公司的20%股权，另80%则归优乐家集团所有。【南洋网财经】

Type	Announcement
Subject	OTHERS
Description	KUMPULAN EUROPLUS BERHAD ("KEURO" OR "THE COMPANY") SIGNING OF THE DEBT FINANCING FACILITY AGREEMENTS FOR THE WEST COAST EXPRESSWAY PROJECT
KUMPULAN EUROPLUS BERHAD (“KEURO” OR “THE COMPANY”) SIGNING OF THE DEBT FINANCING FACILITY AGREEMENTS FOR THE WEST COAST EXPRESSWAY PROJECT Further to our announcements dated 2 January 2013, 10 January 2013, 23 December 2013 and our subsequent quarterly updates in our interim financial reports in relation to the West Coast Expressway Project, the Company wishes to announce that West Coast Expressway Sdn Bhd (“WCESB”), an 80% subsidiary of the Company, has entered into the following agreements in relation to the establishment of up to RM4.74 billion debt financing facilities for the West Coast Expressway Project on 30 June 2015: (a)  Government Support Loan Facility Agreement between WCESB and the Government of Malaysia for a term loan facility of up to RM2.24 billion; (b)  Facility Agreement between WCESB, RHB Investment Bank Berhad, RHB Bank Berhad and Malayan Banking Berhad for a syndicated term loan facility of up to RM1.5 billion; (c)  Guaranteed Sukuk Murabahah Programme Agreement between WCESB, Bank Pembangunan Malaysia Berhad and RHB Investment Bank Berhad for an Islamic medium term notes programme of up to RM1.0 billion to be guaranteed by Bank Pembangunan Malaysia Berhad and Danajamin Nasional Berhad pursuant to a Kafalah facility; and (d)  other related agreements. These constitute part of the funding requirement for the construction of approximately RM5.9 billion Build-Operate-Transfer (BOT) West Coast Expressway Project that was awarded to WCESB ("Project").  The remaining balance will be funded via equity financing from its shareholders, namely KEURO and Road Builder (M) Holdings Berhad.  Both shareholders are committed to ensuring the successful completion of the Project, as evidenced by their respective undertaking in the Shareholders Agreement to subscribe for the required capital contribution in accordance with the funding terms of the project financing.  In line with general market practice of greenfield project finance, both shareholders also will take up each other’s required capital contribution in order to ensure there are no funding shortfall to complete the Project. This announcement is dated 30 June 2015.

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	PROPOSED DISPOSAL BY KUMPULAN EUROPLUS BERHAD OF 900,000,000 ORDINARY SHARES OF RM0.20 EACH IN TALAM TRANSFORM BERHAD TO TAN SRI DATO (DR) IR CHAN AH CHYE @ CHAN CHONG YOON FOR A TOTAL CASH CONSIDERATION OF APPROXIMATELY RM99.0 MILLION
We refer to the earlier announcements in relation to the Proposed Disposal. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements in relation to the Proposed Disposal. On behalf of the Board, RHB Investment Bank wishes to announce that the independent valuers appointed by the Company, namely PA International Property Consultants (KL) Sdn Bhd and Raine & Horne International Zaki + Partners Sdn Bhd, had completed the valuation exercise on the Material Real Estate. Details of the Material Real Estate are set out in Appendix I of this Announcement. This Announcement is dated 10 July 2015.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4800093

Attachments Appendix I_Details of the Material Real Estate_10 July 2015.PDF

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2015	30 Jun 2014	30 Jun 2015	30 Jun 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	163,948	2,618	163,948	2,618
2	Profit/(loss) before tax	12,118	41,005	12,118	41,005
3	Profit/(loss) for the period	11,143	39,499	11,143	39,499
4	Profit/(loss) attributable to ordinary equity holders of the parent	10,717	39,335	10,717	39,335
5	Basic earnings/(loss) per share (Subunit)	1.07	6.86	1.07	6.86
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.6321		0.6211

icy97

優樂家西海岸大道發債籌10億

2015-08-19 10:28      
（吉隆坡18日訊）優樂家集團（KEURO，3565）旗下的西海岸大道（West Coast Expressway）發售工程債券，籌措10億令吉資金；這批債券由國家資金擔保機構（Danajamin Nasional）和大馬發展銀行（Bank Pembangunan Malaysia）擔保。

優樂家集團和道路建築是大道發展和收費站經營者。

總額高達10億令吉伊斯蘭中期票據獲大馬評估機構（RAM）給予AAA的評價，歸功大馬發展銀行和國家債券機構的擔保。

興業投資銀行和大馬發展銀行是債券聯合經理人，這批不同時期發售的債券期限是12至21年不等。（星洲日報／財經）

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	PROPOSED DISPOSAL BY KUMPULAN EUROPLUS BERHAD OF 900,000,000 ORDINARY SHARES OF RM0.20 EACH IN TALAM TRANSFORM BERHAD TO TAN SRI DATO (DR) IR CHAN AH CHYE @ CHAN CHONG YOON
We refer to the earlier announcements in relation to the Proposed Disposal. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements in relation to the Proposed Disposal. On behalf of the Board, RHB Investment Bank wishes to announce that KEB had on 28 August 2015, entered into a supplemental agreement to the SSA with TSDCAC to amend and vary certain provisions in the SSA which entails, amongst others, the proposed disposal of the Sale Share in two (2) separate tranches as follows:- (a) 500,000,000 TTB Shares at the price of RM0.085 per TTB Share and to be completed within 30 days after the Unconditional Date (as amended and as defined in the attachment) or such other extension of time or later date the parties may agree in writing; and (b) 400,000,000 TTB Shares at the price RM0.095 per TTB Share and to be completed within 18 months after the Unconditional Date (as amended and as defined in the attachment) or such other extension of time or later date the parties may agree in writing, (collectively, hereinafter referred to as the “Proposed Disposal”). Further details are set out in the attachment below. This Announcement is dated 28 August 2015.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4852721

Attachments KEB Announcement_28 Aug 2015.pdf

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2015	30 Sep 2014	30 Sep 2015	30 Sep 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	60,177	2,665	224,125	5,283
2	Profit/(loss) before tax	16,033	8,467	28,151	49,472
3	Profit/(loss) for the period	15,975	8,453	27,118	47,952
4	Profit/(loss) attributable to ordinary equity holders of the parent	15,194	8,344	25,911	47,679
5	Basic earnings/(loss) per share (Subunit)	1.52	1.18	2.58	7.46
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.6472		0.6214

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	PROPOSED DISPOSAL BY KUMPULAN EUROPLUS BERHAD OF 900,000,000 ORDINARY SHARES OF RM0.20 EACH IN TALAM TRANSFORM BERHAD TO TAN SRI DATO (DR) IR CHAN AH CHYE @ CHAN CHONG YOON FOR A TOTAL CASH CONSIDERATION OF APPROXIMATELY RM80.5 MILLION ("PROPOSED DISPOSAL")
We refer to the earlier announcements in relation to the Proposed Disposal. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements in relation to the Proposed Disposal. On behalf of the Board, RHB Investment Bank wishes to announce that the solicitors of the Company had vide its letter dated 16 February 2016 confirmed that all conditions precedent set out in the SSA, as amended by the Supplemental SSA, have been fulfilled on even date. Accordingly, the SSA has become unconditional on 16 February 2016 (“Unconditional Date”). In accordance with the terms of the SSA, the completion of the First Tranche Sale Shares and Second Tranche Sale Shares will be completed within 30 days and 18 months after the Unconditional Date respectively, or such other extension of time or later date the parties may agree in writing. This Announcement is dated 17 February 2016.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2015	31 Dec 2014	31 Dec 2015	31 Dec 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	149,876	1,759	374,001	7,042
2	Profit/(loss) before tax	-1,169	15,010	26,982	64,482
3	Profit/(loss) for the period	-1,446	14,765	25,672	62,717
4	Profit/(loss) attributable to ordinary equity holders of the parent	-896	14,722	25,015	62,401
5	Basic earnings/(loss) per share (Subunit)	-0.09	1.47	2.49	8.20
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.6463		0.6214

icy97

Type	Announcement
Subject	OTHERS
Description	PROPOSED DISPOSAL BY KUMPULAN EUROPLUS BERHAD OF 900,000,000 ORDINARY SHARES OF RM0.20 EACH IN TALAM TRANSFORM BERHAD TO TAN SRI DATO (DR) IR CHAN AH CHYE @ CHAN CHONG YOON FOR A TOTAL CASH CONSIDERATION OF APPROXIMATELY RM80.5 MILLION (PROPOSED DISPOSAL)
We refer to the earlier announcements in relation to the Proposed Disposal. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements in relation to the Proposed Disposal. The Board wishes to announce that the First Tranche Sale Shares has been completed on 18 April 2016 following the transfer of the First Tranche Sale Shares to the Purchaser in accordance with the terms and conditions of the SSA. For information purposes, the Second Tranche Sale Shares will be completed within 18 months after the Unconditional Date or such other extension of time or later date the parties may agree in writing. This Announcement is dated 18 April 2016.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2016

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2016	31 Mar 2015	31 Mar 2016	31 Mar 2015
		$$'000	$$'000	$$'000	$$'000

1	Revenue	210,825	11,458	584,826	18,500
2	Profit/(loss) before tax	2,667	-23,997	29,649	40,485
3	Profit/(loss) for the period	2,088	-23,773	27,760	38,944
4	Profit/(loss) attributable to ordinary equity holders of the parent	1,876	-23,963	26,891	38,438
5	Basic earnings/(loss) per share (Subunit)	0.19	-2.39	2.68	4.68
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.6482		0.6214

icy97

售一子公司 优乐家套现537万

经济新闻
23/06/201618:52
（吉隆坡23日讯）优乐家集团有限公司（KEURO，3565，建筑组）宣布，经已将旗下的亚洲树脂毛毡有限公司（ARF）82.84％股权，以总值537万令吉出售予Geofelt私人有限公司。

该集团致函大马交易所说，所脱售的资产包括253万股每股面值1令吉的普通股，以及65万股年息5%的累积优先股。

它称：“一旦上述交易完成后，亚洲树脂毛毡就终止成为我们的子公司。”【东方网财经】

Type	Announcement
Subject	OTHERS
Description	Kumpulan Europlus Berhad ("KEB" or "Company")Disposal of an 82.84% owned subsidiary, Asian Resinated Felt Sdn Bhd
The Board wishes to announce that the Company had on 21 June 2016 entered into a Share Purchase Agreement (“SPA”) binding KEB, KEB Management Sdn Bhd, a wholly owned subsidiary of KEB and United Geofelt Sdn Bhd (Company No. 1178772-D), having its registered address at Suite 1301, 13th Floor, City Plaza, Jalan Tebrau, 80300 Johor Bahru, Johor for the disposal of the Group’s entire equity interest comprising 2,535,000 ordinary shares of RM1.00 each and 650,000 5% cumulative redeemable preference shares of RM1.00 each held in the total issued and paid-up capital of Asian Resinated Felt Sdn Bhd (“ARF”) to United Geofelt Sdn Bhd, at a total consideration of RM5,372,059.00 only. Upon the completion of the said disposal, ARF shall cease to be a subsidiary of KEB. None of the directors and/or major shareholders of KEB or persons connected to the directors and/or major shareholders of KEB have any interest, direct or indirect in the said disposal. The disposal is not subject to the approval of the shareholders of KEB. This announcement is dated 21 June 2016.

icy97

Instrument Category	Securities of PLC
Instrument Type	Warrants
Type Of Expiry	Expiry/Maturity of the securities
Mode of Satisfaction of Exercise/Conversion price	Cash
Exercise/ Strike/ Conversion Price	Malaysian Ringgit (MYR) 1.1800
Exercise/ Conversion Ratio	1:1
Settlement Type / Convertible into	Physical (Shares)
Last Date & Time of Trading	10 Aug 2016 05:00 PM
Date & Time of Suspension	11 Aug 2016 09:00 AM
Last Date & Time for Transfer into Depositor's CDS a/c	19 Aug 2016 04:00 PM
Date & Time of Expiry	26 Aug 2016 05:00 PM
Date & Time for Delisting	29 Aug 2016 09:00 AM

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5155637

Attachments KEB - Notice to Warrant Holders dated 26 July 2016.pdf

---

Announcement Info

Company Name	KUMPULAN EUROPLUS BERHAD
Stock Name	KEURO-WE
Date Announced	25 Jul 2016
Category	Expiry/Maturity/Termination of Securities
Reference Number	EOS-25072016-00003

Tony-Pua

3565    KEURO    KUMPULAN EUROPLUS BHD

Quarterly rpt on consolidated results for the financial period ended 30/06/2016

Quarter: 1st Quarter Financial Year End: 31/03/2017 Report Status: Unaudited Submitted By: Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period 30/06/2016 30/06/2015 30/06/2016 30/06/2015 RM '000 RM '000 RM '000 RM '000 1 Revenue 236,336 163,948 236,336 163,948 2 Profit/Loss Before Tax 10,349 12,118 10,349 12,118 3 Profit/(loss) attributable to ordinary equity holders of the parent 8,503 10,717 8,503 10,717 4 Net Profit/Loss For The Period 8,896 11,143 8,896 11,143 5 Basic Earnings/Loss Per Shares (sen) 0.85 1.07 0.85 1.07 6 Dividend Per Share (sen) 0.00 0.00 0.00 0.00 As At End of Current Quarter As At Preceding Financial Year End 7 Net Assets Per Share (RM) 0.6567 0.6482

icy97

KUMPULAN EUROPLUS BERHAD

Kindly be advised that the aforesaid Company has changed its name to WCE Holdings Berhad. As such, the Company’s shares will be traded and quoted under the new name with effect from 9.00 a.m., Thursday, 8 September 2016.

The Stock Short Name will be changed as follows:-

Type of Shares	Old Name	Old Stock Short Name	New Name	New Stock Short Name
Ordinary Shares	Kumpulan Europlus Berhad	KEURO	WCE Holdings Berhad	WCEHB

However, the Company's Stock Number remains unchanged.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2016

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2016	30 Sep 2015	30 Sep 2016	30 Sep 2015
		$$'000	$$'000	$$'000	$$'000

1	Revenue	166,390	60,177	402,726	224,125
2	Profit/(loss) before tax	9,887	16,033	20,236	28,151
3	Profit/(loss) for the period	9,163	15,975	18,059	27,118
4	Profit/(loss) attributable to ordinary equity holders of the parent	8,862	15,194	17,365	25,911
5	Basic earnings/(loss) per share (Subunit)	0.88	1.52	1.73	2.58
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.6655		0.6482

哭哭鸟

冷眼推荐股（二十九）：WCEHB
Monday, January 9, 2017
http://bblifediary.blogspot.my/2017/01/wcehb.html

业务
- 建筑
- 产业发展
- 大道

WCEHB（WCE控股，3565，主板建筑股），成立于1926年，并于1973年12月17日上市大马交易所主板。

WCEHB的前身为LARUT，于2000年9月15日易名EURPLUS。

2003年11月，EURPLUS进行重组并将上市地为转让给KEURO（优乐家集团）。

2007年，由于觊觎西海岸大道（West Coast Expressway，简称WCE）项目，IJM（怡保工程，3336，主板建筑股）参股KEURO，并崛起成为大股东，持有25.81%股权。　

2013年1月，在苦守了10多年后，KEURO和IJM所组成的财团终于获得了政府颁发WCE的特许经营权合约。

随着WCE的明朗化，KEURO也成功吸引了另两大股东，分别是丹斯里刘锦坤（MAGNUM和MPHBCAP的大股东），通过MWE（大马综合工业，3921，主板消费产品股）持有24.99%股权；而另一个则是拿督冯世州（MAMEE的董事经理），通过United Frontier控股有限公司持有9.32%。

另外，KEURO也涉足产业发展，该公司持有30%股权的联号公司Radiant Pillar私人有限公司（与IJMLAND联号），通过独资子公司Bandar Rimbayu私人有限公司，在莎阿南发展面积达1878英亩的大型城镇项目“Bandar Rimbayu”，发展总值高达110亿令吉。

2015年4月，拖延了17年的西海岸大道终于开始动工，并且预料将在2019年竣工。

2016年9月8日，KEURO再次易名WCEHB。

冷眼前辈认为WCEHB有望成为另一个PLUS，这并非不可能的。因为西海岸大道一旦完工，将会成为续南北大道后另一条西马主要的收费大道，因这条全长233公里的大道，将衔接雪兰莪州万津至霹雳州太平。


免责声明：
以上投资分析，纯属本人个人意见和观点。


文章所提做出的数据与价格仅供参考，建议大家在买进一家公司的股份前，请先做功课并了解该公司，并衡量应何时进场和离场，任何人因看此文章而造成任何投资损失，本人恕不负责。切记，买卖自负！

icy97

icy97 发表于 22-6-2016 04:49 AM
售一子公司 优乐家套现537万

经济新闻
23/06/201618:52
（吉隆坡23日讯）优乐家集团有限公司（KEURO，3565，建筑组）宣布，经已将旗下的亚洲树脂毛毡有限公司（ARF）82.84％股权，以总值537万令吉出售予Geofel ...

Type	Announcement
Subject	OTHERS
Description	WCE HOLDINGS BERHAD ("WCEHB" or "Company")DISPOSAL OF AN 82.84%-OWNED SUBSIDIARY, ASIAN RESINATED FELT SDN BHD ("ARF")
We refer to the announcement by the Company on 21 June 2016 in relation to the Disposal of an 82.84%-owned subsidiary, Asian Resinated Felt Sdn Bhd.  The Board wishes to announce that the Disposal of ARF is completed today and therefore ARF ceases to be a subsidiary of WCEHB. This announcement is dated 19 January 2017.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2016

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2016	31 Dec 2015	31 Dec 2016	31 Dec 2015
		$$'000	$$'000	$$'000	$$'000

1	Revenue	181,194	149,876	583,920	374,001
2	Profit/(loss) before tax	6,840	-1,169	27,076	26,982
3	Profit/(loss) for the period	6,056	-1,446	24,115	25,672
4	Profit/(loss) attributable to ordinary equity holders of the parent	5,664	-896	23,029	25,015
5	Basic earnings/(loss) per share (Subunit)	0.56	-0.09	2.30	2.49
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.6712		0.6482

icy97

WCE控股具有潜力

请问WCE控股（WCEHB，3565，主板建筑组）状况：

（1）以目前的1令吉28仙价格投资，是否物有所值？

（2）目标价是多少？潜升能力如何？

答：以1令吉28仙投资，是否物有所值、以及其目标价及潜升能力。这里试从其最新的业绩表现、财务情况，以及公司对未来业务展望的一些资料与讯息，以期从中取得一些启示或作为参考。如从其中净利估计其本益比、计算出你对此股的心中目标价位。

WCE控股主要业务，包括建筑、产业发展及大道收费（全程长233公里的西海岸高速大道）。

第三季转盈566万

截至2016年12月31日为止，该公司第三季净利为566万4000令吉（每股净利为0.56仙）、前期则净亏89万6000令吉（每股净亏0.09仙）。营业额则增加至1亿8119万4000令吉，前期则为1亿4987万6000令吉。

首9个月净利则为2302万9000令吉（每股净利为2.30仙），前期净利为2501万5000令吉（每股净利为2.49仙）。营业额为5亿8392万令吉，前期为3亿7400万1000令吉。

探探其最新的资产负债表，该公司总资产为29亿2316万2000令吉，流动资产主要包括-在有执照银行存款为12亿2768万7000令吉、其他投资为1亿5504万7000令吉、贸易及其他应收款项为7968万3000令吉、现金及银行余款为329万9000令吉。待沽的联号公司资产为4297万令吉。

非流动资产下的基建发展开销为13亿1054万1000令吉。在联号公司投资为8637万7000令吉。

该公司总负债为22亿761万2000令吉，主要包括贸易及其他应款项为3亿5280万4000令吉、非流动资产下的贷款及借贷则是15亿3209万令吉。

该公司每股净资产为67.12仙。

该公司股本为10亿零273万6000令吉。累积亏损为3亿2973万2000令吉。

大道收费料为主要盈利

谈到业务前景，该公司在宣布最新季度业绩时指出，该公司主要涉及的半岛的西海岸高速大道计划正在进行中。它全程长达233公里的收费高速大道，从雪州的万津开始至霹雳太平（包括较后才开始建筑40公里大道）。这是一项建筑/经营/转移方式进行的特许经营权计划，经营期为60年，总发展成本约为59亿令吉，预料某些部份的大道将从2018年杪开始收费。收费大道料为其未来盈利的其中主要来源。

高速大道计划是从2014年8月25日开始动工兴建，料将费时5年完成。目前建筑活动正在进行中。

该公司也通过联营公司——怡保工程建筑—WCE控股公司参与高速大道的建筑工作，即受委为高速大道工程计划的一揽子工程及采购承包商。

谈到旗下的产业发展业务，该公司认为，由于经济前景不确定、使消费者情绪低迷，银行房屋贷款条件依然严峻、以及新建好产业供应持续不断、使公司旗下的产业发展业务未来前景仍充满挑战。

惟在现财政年余下季度（尚有第四季），预料其联营及坐落在沙亚南的Rimbayu城镇发展计划（发展总值约110亿令吉）将取得合理表现，特别是获得一些未入账销售，以及最近销售推介取得令人满意反应支撑。

该公司认为，若是没有出现不可预见情况，预料现财政年的业绩表现还可令人满意。近年来，没有证券行进行剖析及提出目标价及建议。

文章来源：
星洲日报‧投资致富‧投资问诊‧文：李文龙‧2017.04.16