Koon Yew Yin's Blog

Comparison of Dayang and Coastal - Koon Yew Yin

Koon Yew Yin
Publish date: Mon, 26 Sep 2022, 12:43 PM
Koon Yew Yin
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An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin

As both companies are doing the same kind of business operation, the profit growth prospect and forward Price/Earning ratio are the 2 most important stock selection criteria.  

Dayang Enterprise

Dayang Enterprise Holdings Bhd is an investment holding company. The company provides offshore topside maintenance services, minor fabrication works and offshore hook-up and commissioning services for oil and gas companies. It also offers chartering of marine vessels, and equipment hire operation. Its operating segments include Topside maintenance services, Marine charter and catering income, Equipment hire and Investment holding. Dayang generates most of its revenues from Topside maintenance services.

Market cap Rm 1,262 million and total issued shares 1,158 shares.

Current share price Rm 1.09. EPS 3.63 sen for quarter ending June and 

EPS 1.19 sen quarter ending March.

Coastal Contract

Coastal Contracts Bhd is a Malaysian company which provides marine products and services to the shipping, oil and gas and commodities industries. The company's business activities include build, charter, repair, maintain and trade of marine vessels, ranging from tug boats, oil barges, dumb barges, and landing crafts to offshore supporting vessels. It is also involved in maintenance, repair and overhaul services such as steel hull maintenance, electrical works, engines, and generators overhaul, and modification works including suitable charter solutions. The company organizes its business in two divisions namely Shipbuilding and Ship Repair and Vessel Chartering. The company operates its business globally and generates the majority of its revenue from Singapore.

Market Cap 1,057 million. Total issued shares 539 shares.

Current share price Rm 1.96. EPS 19.56 sen for quarter ending June. EPS 19.56 sen for quarter ending June and EPS 8.46 sen for quarter ending March.

Comparison:

Dayang: Current share price Rm 1.09. EPS 3.63 sen for quarter ending June and EPS 1.19 sen quarter ending March.

Coastal: Current share price Rm 1.96. EPS 19.56 sen for quarter ending June and EPS 8.46 sen for quarter ending March.

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Discussions
Be the first to like this. Showing 2 of 2 comments

Windy1974

Uncle. Just be you saying Dayang and Coastal are doing same kind of business shows you know nuts about oil & gas industry. Anyway, it doesn't matter right as long as you achieve your objective?
BTW, you owed me a TQ for saving your ass in Hibiscus.

2022-09-27 09:58

piranha88

Windy1974, why save this type of person who only has his own self serving interest at heart. Let him sink then he knows how it feels.

2022-09-27 18:19

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