KLSE : COASTAL       COASTAL CONTRACTS BHD Main : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
1.31   0.00 (0.00%)  1.31 - 1.33  334,400
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Market Cap: 696 Million
NOSH: 531 Million
P/E | EY: 18.69  |  5.35%
DY | Payout %: 2.28%  |  42.66%
NAPS | P/NAPS: 3.4757  |  0.38
Avg Volume (4 weeks):432,970
4 Weeks Range:1.30 - 1.47
52 Weeks Range:1.25 - 1.73
Average Price Target: 1.38
Price Target Upside/Downside: +0.07


Latest Headlines
28/02/2017  Coastal Contracts - Below Expectations
21/02/2017  Ceasing Coverage – Coastal Contracts Bhd
29/11/2016  Coastal Contracts Bhd - Weak Oil Price Derails Prospect
29/11/2016  Mplus Market Pulse - 29 Nov 2016
29/11/2016  Coastal Contracts - Below Expectations
01/11/2016  Coastal Contracts Bhd - JV MOU Lapsed
01/11/2016  M+ Online Market Pulse - More Of The Same - 1 Nov 2016
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  15 people like this.
kuengkucheng it is simple panic reaction...when 90% drop..this shows worse than a loss making company which only drop 10%
29/11/2016 14:48
kuengkucheng ppl tend to react more quickly on negative news, logically they will cut loss and wait for the next chance to come
29/11/2016 14:49
kuengkucheng mplus analyst states today it is below estimate. 1 ship vs. 10 ships last yr...call for Sell valued only 1 from 1.60/share like no hope..seems like next yr will make 0 sales....analyst trigger nerve and a definite shock further short term investor to run away.
29/11/2016 14:55
kuengkucheng With the reported earnings coming below our forecast, we slashed our earnings estimates by 74.1% and 33.0% to RM43.4 mln and RM69.3 mln for FY17 and FY18 respectively, to reflect the poor sentiment in the OSV industry. We downgrade Coastal to SELL recommendation with a target price of RM1.05 (from RM1.65)Our target price is arrived by ascribing a target PER of 8.0x to our revised FY18 EPS estimate of 13.0 sen per share. At the target price of RM1.05, Coastal will be trading at PERs of 12.9x and 8.1x of FY17 and FY18 respectively, which is close to its closest peer - Nam Cheong Holdings Ltd.
29/11/2016 14:56
steveooikp that's why I say stupid trading house....
stupid comment....
this is a cash rich company, good management, with good order book on hand...
why down 10 sen?
29/11/2016 14:56
steveooikp 深圳 大馬公司 締下近49億合作項目

 289点阅

 2016年5月30日






29/11/2016 15:17
steveooikp don't anyhow dump... coastal still got huge contract on hand... !
2.4 bllion project!
29/11/2016 15:18
steveooikp Order book replenishment risk persists. COASTAL’s order book stands at RM2.3b, of which RM837m is attributable to OSV fabrication spanning until CY17 while the remaining RM1.5b are the JUGSU charter contract. Meanwhile, COASTAL had received more requests from clients to defer vessel delivery during the quarter which will cast further weakness and uncertainty on its shipbuilding segment in view of prolonged vessel oversupply issue resulting from low offshore activities. We believe COASTAL most probably will allow these deferrals without any substantial penalty in order to preserve client relationships.
29/11/2016 16:12
steveooikp 2.3 b order book!!!
why dump?
the mgmt. is good, they are very cautious.
29/11/2016 16:12
kuengkucheng oil price drops again -3.8%
29/11/2016 23:51
kuengkucheng dump again..
30/11/2016 09:47
kuengkucheng http://www.thestar.com.my/business/business-news/2016/12/03/more-pain-ahead-in-oil-and-gas-despite-opec-boost/
03/12/2016 16:27
steelman though going for coastal with 300+ million loan in US dollars. With US exchange having gone up, servicing of loan interst and repayment challenging. with impending us hike in int in dec 16 or 2017, more money needed to service debt. be cautious!
03/12/2016 21:41
kewyy Steelman coastal also has 500 million cash in usd so how to explain it?
04/03/2017 13:33
steelman in the quarterly report there is no mention of 500m cash in usd. infact the balance sheet only indicate cash in hand in ringgit which has dropped by 165 m compared to previous qtr. the notes to account shows that only 3.3m is secured borrowing in ringgit, the rest is in usd. I have exited this counter as the company have no plans to address this usd borrowing issue.
05/12/2016 10:52
Sapphire Whatever...just bought 10 lot again..collect at the btm fish sure no wrong..
05/12/2017 14:52
inikalilah888 sinking ship, hopeless counter
07/12/2016 12:24
steveooikp plenty of cash company... good order book.
continue to get contracts....
keep loh
1.29? where to find...
07/03/2017 15:37
Kay Good price now, will collect. Lots of upside ahead with good order book
08/12/2016 10:10
geary Company dealing with commodities are cyclical in nature. Good news now OPEC n non OPEC are cutting down production n recently oil price uptrend. By January OPEC will export less to EU n US, so d price will stabilise. Maybe chances this counter to be in the uptrend. Support is roughly at this price, at 25% below its NCAV, floor value. No deficit yet, n total borrowing is still reasonable for its collaboration with other company gas exploration. Future prospects is okay if earnings is upside for the coming quarters. Gd luck!
13/12/2016 18:59
aquila RM1.40 now. Any good news other than opec oil reduction?
21/12/2016 17:02
steveooikp climb back...
this is a v v good counter....
can buy more...
keep it.... it will rebound like a horse...
21/12/2016 17:10
steveooikp GOGOGO>...

good news coming...

more projects....
22/12/2016 17:34
steveooikp buy back more share please.
22/12/2016 17:35
geary Uptrend at present! If oil price stay above $55, earnings will increase n stock price will go up. At present it is below its net current asset value of 1.70. Good chance for share buyback n insiders buying. Gd luck!
29/12/2016 02:15
steveooikp coastal.... buy and keep if you have money....
till to-date .... good order book, contracts keep on coming in,,.
good mgmt... dividend somemore...
02/01/2017 14:15
steveooikp good company... nothing to worry... but need patience.....
04/01/2017 08:05
steveooikp coming... coastal... show your power...
04/01/2017 12:09
aquila Up 5 sen this morning. Hope to add more power.
04/01/2017 23:37
steveooikp this counter is worth at least RM 3!
04/01/2017 00:26
fattycat I think so !!
trading below nta 3.22
04/01/2017 17:50
ste Seeing the revival of Coastal.... oil prices expected to up further

US Nymex at $54.05 (+0.79) (+1.48%)
Brent at 57.29 (+0.83) (+1.47%)
06/01/2017 10:04
steveooikp this stock has a high nta.
good management.
14/01/2017 09:37
Upup168 should find support at 1.43 or 1.44 then upside again with the oil raise to Usd 53-55. Next target 1.54?? Any comment?
17/01/2017 20:57
Upup168 coming.. going up!
18/03/2017 08:55
Upup168 1.47.. 1.49.. going up! good luck!
18/01/2017 08:57
kewyy Any effect will made for coastal due to UMW sell UMWOIL?
21/01/2017 14:16
BOOON closing at 1.52
06/02/2017 17:17
kewyy The share price will be shot up in thia year!!
06/02/2017 18:40
asdf This stock is moving.
Will soon touch 1.6
07/02/2017 07:35
steveooikp moving your head....
this stock is impotent
23/02/2017 11:22
Shrekk Buy on weakness
25/02/2017 12:54
sengtan long term hold...not for short term...
25/02/2017 13:41
tkg8 disappointed with last quarter performance...Will further plunge on tomorrow
27/02/2017 18:43
IamGoogle asdf This stock is moving.
Will soon touch 1.6
07/02/2017 07:35

kewyy The share price will be shot up in thia year!!
06/02/2017 18:40
28/02/2017 22:21
Shrekk Buy on weakness
03/03/2017 19:27
kenny5978 Too bad to see this counter keep moving down...
What actually wents wrong on thisnfounter????
13/03/2017 13:44
Shrekk When a good fundamental stock is being overlooked and price tumbles at low there's rise the golden opportunity for shrewd people to accumulate at low. Or do you want to chase at high? Buy on stages.
13/03/2017 18:22
SniperElite Agree buy on weakness, Share buying philosophy, buy low, sell high. I see opportunity, just got 6 lots... at 1.33 so good but have to wait long term. The two Singapore ship building companies has collapsed giving this share more golden opportunities indeed.
15/03/2017 15:29
asdf Bought some for long term.
29/03/2017 16:52


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