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> PLUS toll no abolish. Extend 20 years!

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TSJedi
post Jan 16 2020, 01:37 PM, updated 6y ago

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Kesian country no money still need the ldp kesas and penang bridge and jln duta toll
ikankering
post Jan 16 2020, 01:39 PM

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puchong ppl are rich.
prophetjul
post Jan 16 2020, 01:40 PM

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Good!
toda_erika_II
post Jan 16 2020, 01:40 PM

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News source that says extend 20 years?
ohman
post Jan 16 2020, 01:40 PM

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Why not extend 200 years
St0rmFury
post Jan 16 2020, 01:41 PM

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QUOTE(toda_erika_II @ Jan 16 2020, 01:40 PM)
News source that says extend 20 years?
*
https://www.thestar.com.my/news/nation/2020...toll-concession
rootbeer
post Jan 16 2020, 01:42 PM

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QUOTE(ikankering @ Jan 16 2020, 01:39 PM)
puchong ppl are rich.
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not only puchong, most petaling jaya people are well to do
xtrabite
post Jan 16 2020, 01:42 PM

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Syukur.
Internet won.
Please reduce klang valley toll rate.
Its quite painful to pay everyday.
toda_erika_II
post Jan 16 2020, 01:42 PM

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QUOTE(St0rmFury @ Jan 16 2020, 01:41 PM)
Thank you.
Jaclow
post Jan 16 2020, 01:42 PM

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cukur.
semua discount,saman discount,toll discount,rm30 e wallet.

Gaji oso diskaun.
SUSM4A1
post Jan 16 2020, 01:44 PM

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bashlyner
post Jan 16 2020, 01:46 PM

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why not extend 100 years and reduce 50% price
SUSahter
post Jan 16 2020, 01:58 PM

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Live with it. Nothing is free. Someone definitely need to pay for it.
bestgiler
post Jan 16 2020, 02:02 PM

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can pay use rm30 from e wallet mah
homicidal85
post Jan 16 2020, 02:03 PM

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atuk memang celaka, atuk. buta-buta atuk tipu kami.
ze2
post Jan 16 2020, 02:05 PM

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QUOTE(St0rmFury @ Jan 16 2020, 01:41 PM)
Hidup Tun!

Satu penggal.
khaimitoban
post Jan 16 2020, 02:07 PM

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macai bn gonna have a field day
SUS8bitguy
post Jan 16 2020, 02:08 PM

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QUOTE(M4A1 @ Jan 16 2020, 01:44 PM)

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Rapizi is not Minister. You quote him for what? Wait Anwar naik and then Rapizi came back then you quote again.
Mikeshashimi
post Jan 16 2020, 02:08 PM

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Pakatan U-turn

no one is actually surprised anymore, right?
buncho89
post Jan 16 2020, 02:09 PM

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if no extend for 20 years, then khazanah and epf no income from toll?
billy08
post Jan 16 2020, 02:09 PM

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QUOTE(Jedi @ Jan 16 2020, 01:37 PM)
Kesian country no money still need the ldp kesas and penang bridge and jln duta toll
*
Not only gov continue to reap $$
The GLC also continue to reap $$ hmm.gif
zstan
post Jan 16 2020, 02:09 PM

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thank god for tony pua
Matchy
post Jan 16 2020, 02:11 PM

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Based on the info from this website, the concession suppose to end at 2038. Now add extra 20years to 2058?
SUSM4A1
post Jan 16 2020, 02:12 PM

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QUOTE(8bitguy @ Jan 16 2020, 02:08 PM)
Rapizi is not Minister. You quote him for what? Wait Anwar naik and then Rapizi came back then you quote again.
*
kek so only minister can quota?


this 1 can?
GEORGE TOWN: The opposition will scrap GST and toll collections on the North-South Expressway (PLUS) and the first Penang bridge if it takes over Putrajaya, DAP secretary-general Lim Guan Eng said yesterday.

https://www.freemalaysiatoday.com/category/...akes-putrajaya/
NataM
post Jan 16 2020, 02:12 PM

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cukur.....



wadepak baru 2020 dah buat extension to 2058.

This post has been edited by NataM: Jan 16 2020, 02:14 PM
SUSM4A1
post Jan 16 2020, 02:12 PM

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QUOTE(Matchy @ Jan 16 2020, 02:11 PM)
Based on the info from this website, the concession suppose to end at 2038. Now add extra 20years to 2058?
*
Yes
Matchy
post Jan 16 2020, 02:13 PM

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Btw, leaked info from Nov:-

https://www.freemalaysiatoday.com/category/...r-says-insider/
matkewl
post Jan 16 2020, 02:13 PM

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QUOTE(M4A1 @ Jan 16 2020, 01:44 PM)

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I hate to see this pakar formula. For major north south highways,east coast and pan borneo need toll collections to up keep the highways.

City road tolls need to be revised their rates.
SUS8bitguy
post Jan 16 2020, 02:14 PM

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QUOTE(M4A1 @ Jan 16 2020, 02:12 PM)
kek so only minister can quota?
this 1 can?
GEORGE TOWN: The opposition will scrap GST and toll collections on the North-South Expressway (PLUS) and the first Penang bridge if it takes over Putrajaya, DAP secretary-general Lim Guan Eng said yesterday.

https://www.freemalaysiatoday.com/category/...akes-putrajaya/
*
This one CAN. laugh.gif
arcadicus
post Jan 16 2020, 02:14 PM

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DON'T CARE..... JANJI NAJIB TURUNNNN!!!

TQ ATOK & PH.....
kausar
post Jan 16 2020, 02:14 PM

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sell PLUS what dividend our epf gonna get? nexy year sure high div. but 2 yrs then div must be low coz there no investment made.
Pipopipo
post Jan 16 2020, 02:14 PM

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Cukur sarawak xde tol.
Henry T
post Jan 16 2020, 02:14 PM

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QUOTE(ohman @ Jan 16 2020, 01:40 PM)
Why not extend 200 years
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You need not worry. It will extend forever.
SUSM4A1
post Jan 16 2020, 02:15 PM

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QUOTE(kausar @ Jan 16 2020, 02:14 PM)
sell PLUS what dividend our epf gonna get? nexy year sure high div. but 2 yrs then div must be low coz there no investment made.
*
invest others la
Clement1001
post Jan 16 2020, 02:15 PM

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Nothing can beat plus highway as a fix asset dividend .
arcadicus
post Jan 16 2020, 02:16 PM

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QUOTE(arcadicus @ Jan 16 2020, 02:14 PM)
DON'T CARE..... JANJI NAJIB TURUNNNN!!!

TQ ATOK & PH.....
*
terlupa....

TQ PH VOTERS......!
chtan
post Jan 16 2020, 02:17 PM

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After so many taxes we paid and still cannot enjoy free road, WTH. Why Thailand is able to provide free highway while we can't?
SUSAngelic Layer
post Jan 16 2020, 02:19 PM

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Can bet GST U turn or not?
DeadInside
post Jan 16 2020, 02:19 PM

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and before you know it, when 2058 comes, a new announcement is released stating that extended another 20yrs rolleyes.gif
SUSdadah
post Jan 16 2020, 02:19 PM

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janji hapuskan toll. Now they wanna extend? Ph penipu!!
Henry T
post Jan 16 2020, 02:20 PM

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QUOTE(billy08 @ Jan 16 2020, 02:09 PM)
Not only gov continue to reap $$
The GLC also continue to reap $$ hmm.gif
*
How else do you think the Gomen can give BR1M, free breakfast for students, subsidize this and that?

Someone has got to pay. Money don't drop from the sky or grow on trees. tongue.gif
teehk_tee
post Jan 16 2020, 02:24 PM

ไม่เป็นไร
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So basically big show of hot air

Then uturn back to status quo of adding extensions.
ycs
post Jan 16 2020, 02:25 PM

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prophetjul
post Jan 16 2020, 02:29 PM

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QUOTE(ycs @ Jan 16 2020, 02:25 PM)
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Long as they pay reasonable dividends to EPF, could not care less.
ycs
post Jan 16 2020, 02:37 PM

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QUOTE(prophetjul @ Jan 16 2020, 02:29 PM)
Long as they pay reasonable dividends to EPF, could not care less.
*
apparently, kronies are skimming off using inflated supplier contracts;

QUOTE
TAN Sri Abu Sahid Mohamed, who helms Maju Holdings Sdn Bhd, says the current management of highway operator PLUS Malaysia Bhd, pays three times more than other toll road operators to resurface its roads.

“I pay RM18 to resurface one square metre of my highway (Maju Expressway), everyone pays about that, (but) they (PLUS) pay about three times more,” he tells The Edge.

PLUS pays RM58 for resurfacing one square metre, according to Abu Sahid.

He cites this as an example of leakages at PLUS that could be plugged. The savings, he says, would mean a freeze on toll hikes.


https://www.theedgemarkets.com/article/plus...-says-abu-sahid


prophetjul
post Jan 16 2020, 02:44 PM

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QUOTE(ycs @ Jan 16 2020, 02:37 PM)
apparently, kronies are skimming off using inflated supplier contracts;
https://www.theedgemarkets.com/article/plus...-says-abu-sahid
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That's what he claims. If its true, then he should lodge report with evidence to MACC.
Otherwise, I am a shareholder in EPF. The returns makes me happy.
zacky chan
post Jan 16 2020, 02:47 PM

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so what happen actually???sale but then dont want to sale...
billy08
post Jan 16 2020, 02:48 PM

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QUOTE(Henry T @ Jan 16 2020, 02:20 PM)
How else do you think the Gomen can give BR1M, free breakfast for students, subsidize this and that?

Someone has got to pay. Money don't drop from the sky or grow on trees.  tongue.gif
*
Ada roadtax .. beli kereta kena tax jugak .. lesen memandu .. etc ..
sanwaltz
post Jan 16 2020, 02:55 PM

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shit had PLUS paid lower to resurface their roads, we should had EPF 10% per annum??

#kitasudahkenatipooni
Gentleman_League
post Jan 16 2020, 02:56 PM

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Guan eng said RM30 ewallet kan ada? extend 20 years lolll
Phoenix_KL
post Jan 16 2020, 02:57 PM

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keke
blackamikaze
post Jan 16 2020, 02:59 PM

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Why not extend forever and increase toll price 100%. Macai ph said they glad to pay anything for PH.
blackamikaze
post Jan 16 2020, 03:01 PM

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QUOTE(Henry T @ Jan 16 2020, 02:20 PM)
How else do you think the Gomen can give BR1M, free breakfast for students, subsidize this and that?

Someone has got to pay. Money don't drop from the sky or grow on trees.  tongue.gif
*
True, who wanna paid for third national car project and flying car project.
Aydee
post Jan 16 2020, 03:09 PM

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Should increase more so concession end faster
hiyyl
post Jan 16 2020, 03:13 PM

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Even after 100yrs oso wont end lah. If end liao kroni makan rumput meh?
EatFriesEggs
post Jan 16 2020, 03:13 PM

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QUOTE(Aydee @ Jan 16 2020, 03:09 PM)
Should increase more so concession end faster
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i am more amazed that after so many years (>20 years) of toll collection... the paid debt stands at about RM400mil only... still got RM29.8B to go =.=

https://themalaysianreserve.com/2019/04/04/...2b-debt-to-pay/

This post has been edited by EatFriesEggs: Jan 16 2020, 03:15 PM
ohman
post Jan 16 2020, 03:14 PM

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QUOTE(Clement1001 @ Jan 16 2020, 02:15 PM)
Nothing can beat plus highway as a fix asset dividend .
*
Guess who is paying that.

Inbe4 thats why our inflation and bank interest is higher than singapore.


ohman
post Jan 16 2020, 03:14 PM

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QUOTE(EatFriesEggs @ Jan 16 2020, 03:13 PM)
i am more amazed that after so many years (>10 years) of toll collection... the paid by debt stands at about RM400mil only... still got RM29.8B to go =.=

https://themalaysianreserve.com/2019/04/04/...2b-debt-to-pay/
*
brows.gif


EatFriesEggs
post Jan 16 2020, 03:14 PM

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btw... do you guys really care about the 18% reduction?

it would mean

subang to damansara = RM0.80 from the current RM1.00

duta to setia alam = RM3.60 from the current RM4.40

This post has been edited by EatFriesEggs: Jan 16 2020, 03:15 PM
captain fast
post Jan 16 2020, 03:16 PM

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s1nn3r
post Jan 16 2020, 03:17 PM

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Plus making lost? How come ?
diamlah
post Jan 16 2020, 03:17 PM

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Korang dah dapat rm30 ewallet,nak bising ape lagi?diam2 dah la tengok atuk buat kerja
prophetjul
post Jan 16 2020, 03:18 PM

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QUOTE(EatFriesEggs @ Jan 16 2020, 03:14 PM)
btw... do you guys really care about the 18% reduction?

it would mean

subang to damansara = RM0.80 from the current RM1.00

duta to setia alam = RM3.60 from the current RM4.40
*
No, I don't care about that as I don't use PLUS. I only care about how much EPF reaps from this investment.
Aydee
post Jan 16 2020, 03:20 PM

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QUOTE(EatFriesEggs @ Jan 16 2020, 03:13 PM)
i am more amazed that after so many years (>20 years) of toll collection... the paid debt stands at about RM400mil only... still got RM29.8B to go =.=

https://themalaysianreserve.com/2019/04/04/...2b-debt-to-pay/
*
Have take account of claims for road maintenance added on which is always increasing.
darkhunter16
post Jan 16 2020, 04:25 PM

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I can't brain how they calculate the reduction of 18% need to increase 20 years...

Why not just maintain the toll fee and end earlier?

Failed Math?
UFO
post Jan 16 2020, 04:28 PM

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QUOTE(darkhunter16 @ Jan 16 2020, 04:25 PM)
I can't brain how they calculate the reduction of 18% need to increase 20 years...

Why not just maintain the toll fee and end earlier?

Failed Math?
*
Thanos will not ever sell out PLUS, it was initially planned by him for KWSP annual dividend payout.

Why would him so crazy enough to slay the goose that laid the golden eggs...
MAGAMan-X
post Jan 16 2020, 04:30 PM

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This is the part where I say "use Plus roads but I don't pay toll, so not my problem" lol
darkhunter16
post Jan 16 2020, 04:31 PM

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QUOTE(EatFriesEggs @ Jan 16 2020, 03:14 PM)
btw... do you guys really care about the 18% reduction?

it would mean

subang to damansara = RM0.80 from the current RM1.00

duta to setia alam = RM3.60 from the current RM4.40
*
Original toll end in year 2038? Mean 18 more years.

Assume you pay 18 years 3.60 *2 each day. Total = 3.6*2*365*18= RM 47304

Original toll for 18 years 4.40 *2*365*18= RM57816

If extend until 18 +20 years. Total = 3.6*2*365*38 = RM 99864!!!

Compared with 57816... 99864 increased by 1.727 times!!!!
MAGAMan-X
post Jan 16 2020, 04:35 PM

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QUOTE(ycs @ Jan 16 2020, 02:25 PM)
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Where can i fact check this?
NataM
post Jan 16 2020, 04:36 PM

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QUOTE(darkhunter16 @ Jan 16 2020, 04:31 PM)
Original toll end in year 2038? Mean 18 more years.

Assume you pay 18 years 3.60 *2 each day. Total = 3.6*2*365*18= RM 47304

Original toll for 18 years 4.40 *2*365*18= RM57816

If extend until 18 +20 years. Total = 3.6*2*365*38 = RM 99864!!!

Compared with 57816... 99864 increased by 1.727 times!!!!
*
Thanos said, ringgit value will be better in time. RM50 penuh troley will return devil.gif
buncho89
post Jan 16 2020, 04:36 PM

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QUOTE(EatFriesEggs @ Jan 16 2020, 03:13 PM)
i am more amazed that after so many years (>20 years) of toll collection... the paid debt stands at about RM400mil only... still got RM29.8B to go =.=

https://themalaysianreserve.com/2019/04/04/...2b-debt-to-pay/
*
lol wtf songlap max
netlurker
post Jan 16 2020, 04:37 PM

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e-tunai RM30 kan ada cukup for toll payment if you don't leave home
darkhunter16
post Jan 16 2020, 04:38 PM

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QUOTE(UFO @ Jan 16 2020, 04:28 PM)
Thanos will not ever sell out PLUS, it was initially planned by him for KWSP annual dividend payout.

Why would him so crazy enough to slay the goose that laid the golden eggs...
*
Good for those not using it.

His logic is richer shall pay more = fair..which is really weird
But this toll will only help those richer with more EPF saving to earn more dividend...

Richer becomes richer... Poor still like that.. Can't see the benefits in long term..
mamata
post Jan 16 2020, 04:39 PM

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machiem tak ada beza undi pH ngan Bn
darkhunter16
post Jan 16 2020, 04:47 PM

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QUOTE(NataM @ Jan 16 2020, 04:36 PM)
Thanos said, ringgit value will be better in time.  RM50 penuh troley will return devil.gif
*
He must be kidding.

Savings in 18 years 57816- 47304= RM10512

Can help you to gain more profit in another 20 years 99864-57816= RM42048???

This interest is really high...


mickeysew814
post Jan 16 2020, 04:51 PM

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not sure my EPF interest gain enough to cover my yearly tol or not. if yes, then this is good news.
bereev
post Jan 16 2020, 04:53 PM

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QUOTE(s1nn3r @ Jan 16 2020, 03:17 PM)
Plus making lost? How come ?
*
songlap
or
u may say it positive new economy polocies to share the wealth over , not only u earn u take

This post has been edited by bereev: Jan 16 2020, 04:53 PM
ketupatlazat
post Jan 16 2020, 04:56 PM

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QUOTE(EatFriesEggs @ Jan 16 2020, 03:14 PM)
btw... do you guys really care about the 18% reduction?

it would mean

subang to damansara = RM0.80 from the current RM1.00

duta to setia alam = RM3.60 from the current RM4.40
*
Balik penang jadi murah skit worr

From 50rm to 40rm

Can use the extra 10rm to order extra bowls of mee udang lulz
NataM
post Jan 16 2020, 05:01 PM

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QUOTE(ketupatlazat @ Jan 16 2020, 04:56 PM)
Balik penang jadi murah skit worr

From 50rm to 40rm

Can use the extra 10rm to order extra bowls of mee udang lulz
*
Mee udang seller : o.O so you have extra RM 10 now.

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darkhunter16
post Jan 16 2020, 05:04 PM

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What if all Rakyat boycott the tolls? Just let it jam in alternative routes?
MAGAMan-X
post Jan 16 2020, 05:35 PM

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QUOTE(prophetjul @ Jan 16 2020, 02:44 PM)
That's what he claims. If its true, then he should lodge report with evidence to MACC.
Otherwise, I am a shareholder in EPF. The returns makes me happy.
*
If Plus costs go up, it should be bad for your returns la.
ikankering
post Jan 16 2020, 05:44 PM

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QUOTE(darkhunter16 @ Jan 16 2020, 05:04 PM)
What if all Rakyat boycott the tolls? Just let it jam in alternative routes?
*
don't want pay tol. go jln lama.
keyibukeyi
post Jan 16 2020, 06:51 PM

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syukurrr federal highway no more tol
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post Jan 16 2020, 07:23 PM

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post Jan 16 2020, 09:30 PM

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QUOTE(darkhunter16 @ Jan 16 2020, 04:31 PM)
Original toll end in year 2038? Mean 18 more years.

Assume you pay 18 years 3.60 *2 each day. Total = 3.6*2*365*18= RM 47304

Original toll for 18 years 4.40 *2*365*18= RM57816

If extend until 18 +20 years. Total = 3.6*2*365*38 = RM 99864!!!

Compared with 57816... 99864 increased by 1.727 times!!!!
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You have to consider time value of money.

Assuming the interest rate is 3.5%. We use Excel to work out the Present Value (PV) in both cases.

Previous Case
rate = 3.5%, nper = 18, PMT = -100, FV = 0
PV = 1,319

New Case
rate = 3.5%, nper = 38, PMT = -100, FV = 0
PV = 1,709

Seems like Present Value is higher by 30% with the extension of concession hmm.gif
In other words, the extension is less fair to the road users.
mmusang
post Jan 16 2020, 09:43 PM

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QUOTE(bashlyner @ Jan 16 2020, 01:46 PM)
why not extend 100 years and reduce 50% price
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100years should reduce to 90%
K1963
post Jan 16 2020, 09:50 PM

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We vote for this PH govt. don't complain.
ohman
post Jan 16 2020, 09:55 PM

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QUOTE(prophetjul @ Jan 16 2020, 03:18 PM)
No, I don't care about that as I don't use PLUS. I only care about how much EPF reaps from this investment.
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I guess inflation is something you didnt learn in school.

Ever wonder why malaysian ringgit and house loan interest is higher than singapore?

Obviously you guys dont know la


Holding your epf can retire as millionaire 30 years later laugh.gif
SUSlurkingaround
post Jan 16 2020, 09:58 PM

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Deletex.
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This post has been edited by lurkingaround: Jan 21 2020, 01:11 AM
SUSlurkingaround
post Jan 16 2020, 10:49 PM

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https://themalaysianreserve.com/2019/10/14/...ers-to-benefit/

EPF paid about RM16 billion for a 49% stake in PLUS and got about RM0.5 billion in annual dividend. That's about a measly 3% annual return for the investment. Correct.?
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Bangi
post Jan 16 2020, 10:51 PM

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Wawasan 2040 we dun have flying cars yet?
SUSlurkingaround
post Jan 17 2020, 09:36 AM

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This is like the bank unilaterally extending your car loan by 20 years but give you 18% discount for your monthly instalments = more profits for the bank.
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This post has been edited by lurkingaround: Jan 19 2020, 07:36 AM

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