PH suci....must belip 1

Everything want free... bloody scum. You want a service, pay for it.

Dah undi.
Terima je la.

Dr M crony gotta make moneh.. who says he is not in powah!

undur undur!! undur ph!!

you are stupid and you are angry.

i wonder why.

y u believe their manifesto bs?

wait next election again vote again lo ..

we us rakyat , can't do much

The toll price by the 20 years from now is 18% dreduced from current today rate.

Meaning now the rate is rm10, 20 years time the rate is only rm8.20.

So it’s cheaper. No?

So, year 2020 toll is rm10
By year 2040 the same toll is only rm8.20

So should be good ma.

Tuan2.

Hari ini kita menang esok tol percuma.

Who have that video ?

plus is own by gov, if concession finish then what happen? free and gov tanggung the maintenance by road tax?

macai ph suka minum kincin

What fucking crony you talking about.
EPF owns plus highway. So EPF is the crony here ??

The actual problem is removing toll will cause EPF income to reduce considering that a lot of infrastructures are held one way another by government

Takpa asalkan bijan meringkuk dalam jel

Ya... Don't believe PH
Believe the blue text without source

seriously... comparing the 18% reduction of cost (monetary value) with years in percentage...

topkek.. trying hard to show he/she is smart... go back study math for the relation in economic value rather than direct comparison

everyday want free, later highway like shit, you not like, ts freeloader!

time value of money. money now better than money later. the amount you have to pay later would have been diminished by inflation. noob go study economics

Ok

Obviously the writer was joking..

As long as EPF and Khazanah still hold all the shares to PLUS, I'm quite ok with it I suppose ... everyone gets back some money in yearly dividends.

Honestly I don't see how JKR or federal gov would be able to maintain such a long stretch of highway if they were to take over ...

This post has been edited by cameradude: Jan 16 2020, 09:59 PM

So how JKR maintaining the road in malaysia now?

Not talking about the financial aspect but more on the quality of work done ... just looking at the condition of the trunk roads, I would dread to think driving on PLUS highway with those type of conditions.

Malaysia trunk road is quite good.

PH MENANG, RAKYAT SENANG!!!

THANK YOU, PH VOTERS!!

ANOTHER FCUKING IDIOT WHO DONT KNOW TIME VALUE OF MONEY

STUPID PIECE OF SHIT. I FCUKING HATE THIS!

This post has been edited by Nachiino Etamay: Jan 16 2020, 10:19 PM

Macai BN dah dapat bonus ke belum?

PH is suci ok? Just pay toll.

pH voter got lot of money...

No more pay to ptptn, petrol also down to RM1.5 per liter..

Ok for me, I don’t pay toll in Penang island
I need you guys to pay your toll so my EPF can keep the consistent annual high return

Hahahha. Betul style kuda liar.

Mana sumber ni?

Ayark pasal tol pun nak merancau. Aku lagi suka toll naik pricing .. at least i dont have cheapskate like TS congesting the road.

If tol reduction. Macai eat what? Sure need to find other hole to cover back

Life is sometimes funy. I remember back then; i.e about a year or so ago; ohman, myself and more others were so hard defending this government.

Nevermind; i'll wait till tun retire gracefully.

bangkang tepat bangkang



owai

Samaje...nx PRU u gib pasumno oso they extend then buy masili je...

Shud hv increase more so epf can gip better dividend

btw i didnt use plus highway,

thx to all who paying.

Dont care.. Asalkan bijan ke sungai buloh

As silly as saying you dont use diesel, so you dont care about diesel price.

Forgetting the food price are impacted by diesel and toll price

Dun care asalkan dapat ewallet rm30

GST comeback again with 7% rate and petrol weekly float price.

Another 20 year ,,, 🤦

Should've said this before election, no?

ya... better than go crony pocket

Only group that hates GSt is big taukeh and their crony. Then marpup price as usual. Then their macai go singkapork to work and no complain also. Lancau.

most road sub to private contractor 1 km xxx sen per year

“Why do they pay that [high] price?
https://www.theedgemarkets.com/article/plus...says-abu-sahid#

Not because they are stupid but because they have layers and layers and layers, from PLUS, they give it to Propel (Projek Penyelenggaraan Lebuhraya Bhd), then to UEM Edgenta (Bhd), so many other companies (all within the UEM and Khazanah stable). By the time it goes to the guy who really does the job, there is just skin,” Abu Sahid says

En Abu da report MACC ke?

Until now you dont understand GST is killing you and people around you?



Tauke can mark up as usual.

How do you mark up your salary?

You can see an example here in Borneo - The Pain Borneo Highway

Raykat dah tertipu. PH pon tertipu angkat toll friendly PM.

No its only killing big taukeh. I compare price before and after sst, same. No increase no decrease. Only that big taukeh can tipu cukai yet again. Tipu budaya kita.

better than sale to private/crony and it will be toll forever and hike increase price as they please.

This post has been edited by COOLPINK: Jan 17 2020, 08:31 AM

Condolences to Pony Tua and Lapiji

as long as cheaper, i am ok

Based on calculation
Actually u pay more

Ok la... PH gives RM30 e tunai to B40 and M40... dulu hanya br1m utk B40...

we're used to kena kincing by BN

so now we're used to it so jst let it happen

if u use more than what u r using now

Thanos made those 2 look more stupid now.

If Lapiji to return someday when Anwar become #PM8, he basically will kena roast.

U dun said??

Of course use more pay more


If no change in pattern of usage, actually is pay more

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.

.
It's more like the bank extend your car loan by 10 years by giving you 9% discount for your monthly instalments = the bank will still make more profits and you will still be paying more to the bank.
.

Ever wonder why sgd so strong?

Thank you for sharing the maths.

I gave up when people told me its better because EPF can continue paying dividend.

Its like we should try our very best to give all money making tools to EPF for them to pay dividend.


Tongkat mentality at its finest.

Tol concession extend 29 yrs.
Songlap project by giving cronies to maintain the highways.

except this is not a bank, and it is not mandatory installment

not to mention, take in the consideration of inflation and salary adjustment, the expenses are lower

This post has been edited by gundamsp01: Jan 17 2020, 10:19 AM

So in future if they making losses, how do they handle that?


They already making losses in 2018


Edit: talking about siok sendiri inflation, might as well vote PH for free ptptpn.

This post has been edited by ohman: Jan 17 2020, 10:22 AM

.
If you want Pure Maths term, then the DST house in PJ cost about RM400k in 2000 and costs about RM1,000k or RM1 million today in 2020, ie over 20 years.

Based on this historical inflation rate, the Rakyat will have to pay extra about RM47.2 billion in total toll from 2038 to 2058, which is equivalent to about RM18.8 billion today in 2020. Over another 20 years, ie from 2038 to 2058, this RM18.8 billion is equivalent to about RM12 billion today in 2020.

Even if based on your historical inflation rate for Vista Komanwel of 7.41% p.a or about 200k vs 600k, the RM47.2 billion in 2038 is equivalent to about RM15.7 billion today in 2020, and over another 20 years is equivalent to about RM10 billion today in 2020. This is no small figure for the Rakyat to bear from 2038 to 2058, especially during balik-kampung periods.
.

This post has been edited by lurkingaround: Jan 17 2020, 11:24 AM

.
Some people are easily taken in by media spin. Some are PH cybertroopers.
.

This post has been edited by lurkingaround: Jan 21 2020, 01:00 AM

Kindly do no nut insult the dead. Have some respect please.

Bro, I gotta give it to you, you really like to do the numbers.

All those are more or less give a picture of what the rakyat is in for, and I am of the same opinion that this is not the best deal for the rakyat, but better than selling it to some private company.

Do you know what, this realisation just came to me, even if govt take over the highways, tolls might not be abolished because there are maintenance that is needed on the highways.

Do you know the time value of RM3.28b in 2058 at 7.41% inflation rate is about RM200m in 2020? I don't think that amount is enough to maintain the highway on an annual basis.

Better hope the inflation rate is about 4.5% or below, at which point RM3.28b in 2058 is about RM600m in 2020 terms, that is better (without knowing how much PLUS is spending yearly to maintain and run the operations of the highway).

But looking at toll collection that you mentioned of RM4b, dividend of RM1b is 50% of profit, meaning the cost of maintaining and running the highway is about RM2b annually. RM600m in toll collection is seriously going to hamper PLUS operations in 2058.

Some years down the road, the toll rate is going to go up. Even though the agreement is to extend the concession to 2058, I think half way thru it, PLUS going to complain and get the toll rates increased, concession agreement to freeze the toll hike in exchange for extra 20 yrs concession can go to the dustbin.

Looking at it that way, we might not be getting such a bad deal after all.

Do you know PLUS highway making losses in 2018?

Tak tahu... saya bukan b40 m40...

there there now.

Now you see how idiotic it is for PH to promise this and that before election last time? Now cannot do it, and give this half assed things.

Remember, what they achieve now is something that is expected from them, and they need to be even better cause last time they tokkok alot

u bodo ka.
janji and begging, 2 different issue.

I see, 2017 also loss making. Like that most assumptions are out. Then how do they intend to reduce toll rates a further 18%?

Profit in 2016 also about RM309m, "As of Dec 31, 2017, PLUS had accumulated losses of RM3.98bil that could be due to its dividend payouts exceeding its profits."

https://www.thestar.com.my/business/busines...-happen-to-plus

blog post look like Syed Akbar punya je?

This is why madey needs to go