Better use discount net cash flow to take into account time value of money

Better use discount net cash flow to take into account time value of money

I think just let it be...

Toll is one of gomen main income coffers, our epf and khazanah stable income generator

Cause every extension granted is $$KA-CHING$$ for everyone involved...

This is not something numbers can explained. I think PH in general looked at the numbers and think its possible. When they won and look at the contracts instead, holy cow, this is where it starts to get interesting. As usual, BN already laid down the web and if PH want to change, it is basically bailing out all those cronies from BN.

It sucks... but at least we know why things are so complicated and who are responsible for this mess in the first place. The initial figures looks nice but the dirt was hidden beyond multiple layers of unspeakable truth.

damn kronies still surviving
why palm oil co last time kena superprofit tax
toll co not kena ?!

u pay toll
u r paying your own epf dividen

epf & khazanah are breeding kronies
& inefficient cos
who bleed the rakyat

This post has been edited by brapa?: Jan 17 2020, 12:12 PM

people should not have to keep paying toll on PLUS, which had cost RM5.9 billion to build, since the concessionaire had already collected toll worth RM37.4 billion over the past three decades.

ask atuk, muhidin and etc
i am sure they know about the contract

The later owners are us, by way of Khazanah (government) and EPF.

So basically the toll has become a tax.

The original contract was massively lopsided and that's what led to massive profits by private companies. Right now whatever losses that are incurred by restructuring the deal will be felt by the people anyway in the way of lower returns for Khazanah and EPF.

Mahathir and his highway deals already fucked us many times over already... there's nothing to do with them now that will benefit the people.

The same deal with the IPPs, since all the IPPs have been bought up by 1MDB, so if they cancel the horrible deals or renegotiate the IPP contracts, its 1MDB (us, through the government) that will lose. I'm sure Najib who got us into that fucking mess by bailing out the IPPs through 1MDB towards the end of the IPP contracts will be the first to cry about government sabotage if the deals are renegotiated. We're fucked now, thanks to BN fucking things up for so many years with abandon. The people lose in every way.

You must be stupid.

Might as well let EPF running all the money making companies.


Stupid fck

Don't want to pay toll, take Route 1 la. NSE isn't the only way to get around.

My point is, if abolish, then EPF dividend drop, then people still complain PH sucks (remember TM share price drop, everyone complain).
PLUS should remain status quo because EPF affects more people than PLUS users.

I rather they focus on intracity toll (not all tolls have EPF/gov ownership) better as those not benefit general populations .

Don't forget PLUS still got 30Billion of sukuk debt need to redeem

Back when PLUS highway and other highway was build based on IRR 20%!

Well the people kept bn in power for 60 years and now when ph want to do the painful things needed to correct past bn mistakes, all cry mother father and kerajaen sepenggal. How to do anything like that? When bn ficked you all the first time, you didn't frick them back, so why complain now?

last time BN minister used to said so

and kena u whack like shit

When you sell a highway, you need to revalue your debt, equity and recalculate your capital structure.

The last transaction was last decade. so the capital structure is more reflective of now. It was transacted at high-single-digit-IRR which is standard for IRR now.

IRR during that time was 20%, because risk was soo high and loans was expensive. corporates were borrowing at 10%-15% cuz its soo risky.

Lol.
Not for tolled highways. User pays the full toll!
Why need the whole country to subsidize Klang valley residents and pay compensation to tollways?
Bn sign the lopsided agreements but no balls to follow it. Keep kicking the can down the road.
And people are so easily bribed and lalai.
No they want to cry mother father and kerajean sepnggal. Lol.

This post has been edited by dickybird: Jan 17 2020, 12:32 PM

Self entitled free toll fucks should just go fick themselves la.
No money but drive civic ketam then complain toll expensive.
Mcb

This post has been edited by dickybird: Jan 17 2020, 12:32 PM

Ya, they have to refinance and negotiate for lower financing rate over the years. If u look at WCE, the cost was RM6.6bil and given single digit IRR.

TBH the current arrangement is fine, profit channel back to Khazanah and EPF.