komnasAnyone can advice the direction for this stock?
ckl4717the game changer for Coastal is the jack-up rig contract they hoping to secure, no harm to wait until they get the contract seal only we go in to invest as a long term investor. Earn less abit is better than making the wrong choice.
Overweightupcoming quarter result released soon on next week Monday or Tuesday, very confident it will be achieved another stellar performance, the current strong cash position and the among of long term contract in hand, the company will definitely survey in the event of any crisis and would more resilience than other companies.
BullcomingThis counter with Rm580m cash in hand, 921m retained profit. borrowing only RM5.8m, EPS for past 2q is 19cts, is a very solid footing. Good company to invest.