BR1m berapa?

no, the duration has been extended but each usage is lower.
if u maintain ur usage in a long run (exceeding the original contract period), yes, it is more expensive

but ppl like me, i may not be here, say within 5 years, i migrate, then i save

This post has been edited by gundamsp01: Jan 17 2020, 09:02 AM

he is smarter by hundred years than you.

u hari hari harap epf bagi 7% dividend yearly but expect one of EPFs main investment holding to get less money from you

u ingat money fall from sky ke

go die la tiuzzz

This writer's financial maths is terror!

simple math
reduce 18% but pay extra 20 more years

of course as a normal user u pay more in total la

i prefer highway with toll actually.

free then u will see tons of 25 years broken car turtlenecking the highway become jalan kampung.

All these GLC's susah we as rakyat mahu fight

EPF, Khazanah holds PLUS. Inside these 2 bloodsucking organizations...manyak itu cronie pumping money to ministers.

Their big boss is PM. Change PM also no use...they give PM candy PM cannot refuse.

1. the picture is copied from somewhere and doesn't seem to originate from TS

2. The 18% reduction in toll rates + freeze in any more toll rates increase in the future (effectively the toll rates will be fixed at once the 18% reduction is implemented), this already more than justify the 20 yrs increase in toll concession

3. The question is the offers from buyers of the toll concessions are already offering higher reduction in toll rates without asking for any extension to the concession - so EPF/Khazanah (meaning govt) is getting a better deal than just selling it to others, but a worse deal to rakyat who uses PLUS.

4. In future, there are going to be road upgrades, expansions, lane adding, new exits that will be used to justify concession extension again, or worse toll hikes.

Overall, don't like this new arrangement, but still better than selling it to private company and then re-nationalising PLUS once the private companies screw it up or suck it dry, ala MAS.

3 ekor kaki kencing. /k

This post has been edited by ImAn: Jan 17 2020, 09:52 AM

who promise free toll? ph
who talk about free education? ph

ends up eh salah rakyat semua mahu free

topkek

3 ekor black boxes

https://themalaysianreserve.com/2019/04/04/...2b-debt-to-pay/ ....... In 2016, the Rakyat paid about RM4,000 million or RM4 billion in tolls to PLUS.

Now got 18% discount on toll but 20-year extension to toll collection from 2038 to 2058. Apa erti ini.?
....... In simple math term, .......

18% discount = Rakyat save RM720 million per year for 18 years from 2020 to 2038 = save RM12,960 million over 18 years.

20-year extension = Rakyat have to pay RM3,280 million per year for 20 more years from 2038 to 2058 = pay RM65,600 million over 20 more years.

RM65,600 million - RM12,960 million = RM52,640 million.

So, this deal by Dr M will result in the Rakyat paying extra RM52,640 million to PLUS from 2038 to 2058 or extra RM3.2 billion per year.

Unless the RM falls in value by a few hundred % from 2020 to 2038, RM52.6 billion will still be a huge amount of money that the Rakyat will have to pay PLUS from 2038 to 2058, ie RM3.2 billion per year.

Eg in 2000, a DST house in PJ cost about RM500k and costs about RM800k today in 2020. So, RM3.2 billion in 2038 is about equivalent to RM2 billion today in 2020. RM52.6 billion in 2038 is about equivalent to RM33 billion today in 2020.

https://www.thestar.com.my/Business/Busines...-due-next-year/
If factor in the 5% increase in toll rates every 3 years from 2020 to 2038 that PLUS has to forego with this new deal by Dr M, the RM52.6 billion figure will have to be subtracted by about RM5,400 million or RM5.4 billion, ie RM300 million X 18 years. This will still mean the Rakyat will be paying extra RM47.2 billion from 2038 to 2058, ie RM52.6 - RM5.4 billion.

NB: increase of 5% on the RM4 billion in annual tolls = RM200 million per year = averages out to about RM300 million per year over 18 years from 2020 to 2038.
.

P S - (EDIT)Above figures need to be finetuned. The savings from the 18% toll discount of RM12,960 million in 2020 is equivalent to about RM32 billion in 2038. So, it's RM47.2 billion - RM32 billion = RM15.2 billion more toll to Rakyat in 2038, which is equivalent to about RM6 billion in 2020.
....... This RM6 billion figure may not be correct.
.

This post has been edited by lurkingaround: Jan 21 2020, 01:09 AM

GIVE 50% la kawtim.

free highway means lower EPF divident la... after ASBN sucky divident last year, PH need find ways to let khazanah earn more lor... concessionaire is from Madey era one wert... what you expect when u put him in power?

Your RM1 now is surely bigger than your RM1 after 20 years

Without taking this into the consideration, the comparison is just wrong. Any further discussion upon a wrong thing is just a waste of time.

Hype

Black boxes, but still managed to extract the youtube video link.

But don't want to waste time seeing all the videos, just see Tony Pua's video. It would be interesting to see govt nationalize MEX highway for RM344 million to prove that what Tony Pua said of the contract is true.

At worse, nationalize it and put it under EPF, so the money doesn't go to cronies who then bites back the govt who gave him almost RM1b in grants to build MEX.

https://www.msn.com/en-my/news/national/maj...ying/ar-BBZ1jta

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.?

It was more like EPF funds were used to benefit BN cronies who got fat profits from maintenance contracts with PLUS. This is BN 2.0.?

If you dun care as long as EPF got annual dividends from PLUS, then might as well let PLUS toll be forever and toll can increase 5% every 3 years.
.

Wrong assumption, you're assuming 2.35% p.a. inflation, that's even lower than nationally 'controlled' inflation.

Vista Komanwel in Bkt Jalil, 1200 sqft condo transaction priced at RM184k in 2004, it fell even lower to RM16xk during 2008-2010, but now it's about RM550k-RM600k-ish.

That DST house in PJ why so lousy appreciation (2.35% p.a.) vs the Vista Komanwel (7.41% p.a.)?

All other calculation is just a blur to me since the assumption using PJ DST house is wrong.