Some big shark is pushing the price down. something fishy when this happened.

wait and see soon

Going to 0.50 soon. Bad news coming despite Brent crude is above USD 40.

no power, those need to make profit already made their money.

those who brought, wait for 4 months

Strategy to trap ikan bilis

going down to 0.04 again

PUCHONG, MALAYSIA, 15 JULY 2019 – George Kent (Malaysia) Berhad (“George Kent” or “the
Group”), through its wholly-owned subsidiary George Kent International Pte. Ltd. (“GKI”), has entered
into a long-term license agreement with Honeywell for a license of the technology and know-how to
manufacture high-precision water meter measuring components for the V100 and V110 C-Class
volumetric water meters. The agreement also includes the transfer of associated machinery and tools.
The Group currently imports Honeywell precision measuring components and registers which are then
assembled with the brass housings manufactured by the Group. Under this agreement, the Group will
manufacture the measuring components, the brass housings and assemble the parts into complete
water meters. This will enable the Group to control its component supply to meet increasing demand
and reduce production costs.
The License Agreement also allows the Group to exclusively sell the Products under its GKM
trademark and GEORGE KENT brand name to 26 territories, including 15 new territories in the Asia
region allowing further opportunities for growth. The Group will also continue to sell the Products back
to Elster for their sales into other worldwide markets.
The agreement is not expected to have a material effect on the Group’s earnings for the current
financial year ending 31 January 2020, but is expected to contribute positively to the Group’s earnings
in the years to follow.
Commenting on the agreement, Chairman Tan Sri Dato’ Tan Kay Hock said:
“This is an important development for George Kent. With this agreement, we can now manufacture
the complete meter, including the precision measuring components and assemble the complete meter
at our world-class production facility. This will enable us to have better control over our component
supply chain to meet increasing demand and reduce production cost.”
_____________________________________________________________

no queue? Going back to 0.6?

Going down 0.60 soon?

I think 3 cent is coming back by end of this month. No good news in horizon. Wait for next quarter report if any.

when someone said good news from insiders, normally bad news coming.
someone will goreng to get people to be trapped

s

they condemn so that people sell cheap2 for them to collect and make easy profit later

there is high volume transaction. last time, big shark just push down the price for them to collect.

Buy now, it is going to be higher than 0 .7 by end of this week

Maintain SELL and MYR0.15 TP
Excluding the MYR314m one-offs in 1Q20, core earnings of MYR90m
accounted for 27% of our FY estimate. Our forecasts and view on
BArmada are unchanged. Its stretched balance sheet (8.6 x net debts-to-
EBITDA; 2.9x net gearing) remains a concern. The need to de-gear,
divest, impair, increase assets utilisation and cut costs impedes its ability
to prospect for new jobs. Our TP is SOP-based. We prefer Yinson (YNS
MK; BUY; TP: MYR7.20) for an exposure to the FPSO play.

somebody is saying bad comments here because they missed the boat. they are hoping people to sell cheap and they want to collect. it will touch 70 Sen by end not this month.

going to 2.30 soon after PM announcement

not with racist DAP people in power. they only think about one ethnicity in their group but pretend to be multiracial. Hypocrite to the core. only low level IQ people will trust DAp

all small oil and gas companies shares increase drastically this year. it is now time for big player like UZMA to fly

already 0.91 today, hopefully RM 1 by end the week.

Must buy before EPF start buying. Will be RM 1 with all the good news

EPF will start to buy after dividend declaration. After it shoot to RM 1.50

no, just some weak investors releasing their stocks

wait, sometm great news soon. if you don't get it below 1.50, you will regret it.. like Dayang

this happens when the country is governed by highly incompetent ministers who play politic of race and religion rather than development of economy

will end up like Perisai. our country is managed by highly incompetent ministers. no hope.

it is going to be 1.60 by end this month.

nobody really know what is cooking now. They will be surprised only after the price reach 1.60 soon.

time to go back to 1.35

they are planning to enter Singapore market directly next year

This is why Coastal share price to fly

The Board of Directors of COASTAL wishes to announce that the Company has on 17th December 2019 incorporated a wholly-owned subsidiary in Singapore known as Coastal C I Pte. Ltd. (“CCI”).

 

CCI is a private company limited by shares and is incorporated under Section 19(4) of the Companies Act, Singapore. The issued and paid up capital of CCI is SGD1,000.00.

 

The investment in CCI is financed through internally generated funds.

Chin Heng Ng wife is acquiring a lot shares since last week. There is obviously something going to happen soon. RM2.00 is not impossible.

Chairman/Co-Founder, Coastal Contracts BHD

something big is coming... just wait and see

someone is trying to gain profit and make some investors to panic sale so that he can buy cheap Coastal stock. Be careful and not to be manipulated

Coastal Contracts was testing the RM1.29 level during its intraday high. With an RSI level above 70%, it may move higher above this mark with a target price of RM1.36, followed by RM1.44. Meanwhile, it may drift sideways if it fails to cross the RM1.29 mark in the near term. In this case, support is anticipated at RM1.23, whereby traders may exit on a breach to avoid the risk of a further correction. 

Trading Call: Buy upon breakout above RM1.29 Target: RM1.36, RM1.44 (time frame: 3-6 weeks) Exit: RM1.23

Source: AmInvest Research - 25 Nov 2019

By end of next week, it will reach RM1.35

1) Coastal Marine Pte Ltd and Coastal International Marine Inc have secured contracts for the sale of two units of low-end vessels,
2) Coastal Dynamic Pte Ltd and Coastal Marine Pte Ltd have also been awarded with charter contracts for two units of offshore support vessels.

All of the vessel charter contracts are for less than one year period.

Although the value of the contracts was not disclosed, it will contribute positively to COCO’s earnings in FY6/20. Not taking into account the potential value of the contracts above, the group has secured approximately MYR45m worth of contracts YTD.

Clearly, job flow has improved. Last year, COCO only announced one contract win – for two units of offshore support vessels. The group managed to return to profitability in FY6/19, after slipping into losses in FY6/18 due to a few kitchen sinking exercises (one-off items amounting up to MYR599m).

Moving forward, COCO’s earnings hinges on its chartering business, which contributed 100% to the group’s PBT in FY6/19. This segment is banking on a 12-year USD372m charter contract to the national oil company of Mexico, which has commenced operations in Aug 2016, providing the group with recurring profit. As for its shipbuilding segment, this segment was loss making in FY6/19, mainly on lower vessel sales during the year.

Coastal Contracts may rebound higher after it continued holding above the MYR1.09 support. Given that the stock has formed a “Bullish Harami” pattern on 31 Oct, this indicates a potential rebound. A positive bias may emerge above the MYR1.17 level, with an exit set below the MYR1.09 threshold. Towards the upside, the immediate resistance is at the MYR1.25 mark. This is followed by the MYR1.34 level.

Source: RHB Securities Research - 7 Nov 2019

if 1.24 resistance is broken, next target 1.30 can be easily achieved.

some old news, more coming
Coastal Contracts: Bags charter contracts worth RM28m. Coastal Contracts announced its units have bagged three charter contracts worth RM28m in total. According to the company, the charter contracts — awarded to its wholly-owned subsidiaries Pleasant Engineering SB, Coastal Transport (Sandakan) SB and Coastal Offshore Venture Pte Ltd — are for two units of offshore support vessels and one unit of other vessel. Two of these contracts are short-term while one is a long-term contract with a firm period of up to five years, it added. (The Edge)

anyone who buy after 1.35 will miss the boat. it is going up.. fast

there will good news soon..get ready

a lot racist DAP people posting here. look what LGE and DAP has done to our stock market. He is one incompetent finance minister despite educated in vernakular school.

it surely reach to 0.07 soon but it is up to you to believe it or not.

For our children and country, sign this petition https://www.change.org/p/ministry-of-education-malaysia-abolish-vernacular-school-we-only-need-one-national-school?recruiter=817070587

I did not expect that there is strong support at 1.00 but I believe that it will be at 0.95 by next week or maybe lower.

going back to 0.07. thanks to incompetent government.

The stock will drop further.

RM currency drop, more foreign investor exiting KLSE.

New PH government's policy is chasing the investor out.

TNB and TM stock down significantly. POS will follows too. Will drop to RM 1.70 by end of this month.

I think it will go back to 0.9 soon. People say no news is good news but this is not the case for oil and gas companies.

Live now, the signing of agreement by Scomies. people chase after 0.13 is too expensive.

A lot of traders like to chase after the price significantly increase. It is good price to enter since scommies has been stable now.