I hope it drop to 0.70, then all the way to 0.50 in long term.

I hope it can go below RM2. The company steady and increasing revenue & profit as well as cash flow. Dividend payment also increase year to year. Drop more, I may collect more @ dividend yield 5%. I will be happy if share price stay flat for some time as the company has bright future expanding into BPO industry. The industry is booming in developing country.

This week, I discover certain business development about GHL. Had lunch with friend at Mc Donald and paid by Visa Paywave. Paid GSC ticket, tea time at subway and coffee bean. All these went through a terminal issued by GHL. Maybe the company financial data isn't so appealing yet, but I'm sure it's business has good prospect in near future.

I believe there is still much more room for growth, we just need to be patience. It takes time for the business to materialize its potential. Check this article:

http://www.thestar.com.my/business/business-news/2016/06/20/it-is-important-to-educate-credit-card-users-on-pin/

@wiseEye, I agree with you. GHL is similar with Visa/Mastercard global network. Also comparable with Alipay/Wechat payment network in China. Focus on long term business fundamental and we will get reward. I hope price can drop further to 0.75 - 0.8.

Yes, I'm waiting for 0.35.

Hi KC, how would you value a fast growing company such as GHL system?

Very good sharing

I bought 1000 units weeks ago @ rm0.88. I see the future of cashless payment system (just like Visa or Mastercard) in Malaysia, Phi & Thai. However, it is really hard to value GHL...no dividend payout, negative FCF. So I try to give it max 3x of P/B value. 3 x rm0.35 NA per share = Max rm1.10. Hopefully GHL will not go overvalue so soon.

yesss...I believe Coastal might sustain dividend payout, or, reduce dividend in coming quarters. They need to have cash standby for venture in Mexico. Dividend yield remains only if we buy with lower entry price.

I wish Coastal price will drop to RM1, then I will continue to add into my portfolio. Price drop but industry and consumers will continue to use oil anyway. Machines & cars will not disappear. And more importantly, Coastal is expanding it businesses into Mexico by bidding contracts with the government and putting more effort in Enhanced Oil Recovery (EOR) that will support recovery of oil field in future. What I really appreciate is management vision to turn the vessel building business from one-off sales based to recurring income based.

Crude oil price drop to similar level in 2009.
http://www.nasdaq.com/markets/crude-oil.aspx?timeframe=7y

Major O&G companies worldwide cutback CAPEX (Read Coastal FY2009 Annual Report),
Coastal produced a financial report card with flying colour despite all the challenges. Today, Coastal possess greater financial strength with Cash balance @ RM490m FY2014 while total bank borrowing stood @ about RM100m. Also, by assuming the worst hit Coastal (no business at all), the company OPEX per year is about RM50m (check other expenses in FY2014), this mean Coastal can still pay its bill for 9 years+ (RM490m cash to fund RM50m expenses).
I believe the company is in the right hands and Coastal can do it again.