Mid-term trader (3-6 months) | Absolute Returns | Long-Short + Quant + Event-Driven Arbitrage
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2022-12-19 10:07 | Report Abuse
Revenue per store will beat analyst estimates in the next 2 quarters moving forward FY2023
2022-12-18 21:30 | Report Abuse
This stock will probably perform like PMBTech
2022-12-18 21:30 | Report Abuse
Kotra will reach blue chip status by 2025, but short term trader will want to exit the stock by year-end
2022-12-18 21:24 | Report Abuse
Coastal is still a hold as energy remains the only green spot in every fund manager's portfolio. Sell-side analyst still has way too optimistic price target.
I am still very bullish on Hibiscus and Coastal.
2022-12-18 21:23 | Report Abuse
Kotra is a downgrade from Overweight to Equal-weight, still a Hold but no longer trading at attractive valuation
2022-12-18 21:22 | Report Abuse
pang72, Kotra management almost wants to cash out already. In times of crisis like this, it is better to sell and take profit
2022-12-15 13:28 | Report Abuse
Recession-proof company. More people lose money, more foreclosures/bankruptcy, more people go to Papajack to sell stuffs.
2022-12-14 11:39 | Report Abuse
the stock has such a low forward PE that it is absolutely insane to short this company
2022-12-14 11:38 | Report Abuse
I have shares in coastal in 4 different accounts. sold some a few days ago. This stock is a long-term winner. Their management team is pretty bullish on their own company. I attended their briefing before and shareholders should expect more contracts to be awarded in the future. Free cash flow will trend higher in Q2 2023.
The best thing about Coastal Contract is that it benefits from high oil demand, yet the share price is not influenced negatively by the volatility in WTI crude/or brent. As long as the demand stays high, it will be very optimistic for oil service providers like Coastal Contract and oil field operators (sadly no such company exists in Malaysia, only in Texas, and Houston).
2022-12-14 11:35 | Report Abuse
VTrade finally shut his mouth, this fella laughing when the stock dropped yesterday
2022-12-14 11:28 | Report Abuse
KClow how much you top up this week haha?
2022-12-14 11:27 | Report Abuse
I agree, Malaysian equity analysts are way too conservative with their price targets. I took a look at RHB's model
2022-12-14 11:26 | Report Abuse
Coastal is trading at 4.5x trailing PE. Fair value of O&G stock is around 9.6x trailing 13x forward
2022-12-14 11:26 | Report Abuse
Yeah at first I was worried but then I remember the fact that Coastal is a RM1 billion market cap company
2022-12-14 11:08 | Report Abuse
Energy stocks will still outperform in 2023 according to Morgan Stanley strategists
2022-12-14 10:52 | Report Abuse
Energy stocks will still outperform in 2023 according to Morgan Stanley strategists
2022-12-14 10:52 | Report Abuse
Hold Coastal, but don't buy more
2022-12-14 10:49 | Report Abuse
Bloomberg also said the same thing: https://www.bloomberg.com/news/articles/2022-12-13/energy-bulls-see-stocks-outperforming-market-third-straight-year?srnd=markets-vp#xj4y7vzkg
2022-12-14 10:45 | Report Abuse
Just ignore OTB and sslee. They cannot manipulate a 2 billion company like hibiscus i think
2022-12-14 10:43 | Report Abuse
I spoke to energy analysts and they told me that based on their models (taking into account proprietary data from oil exporters and producers), the floor price for crude oil is around 63$ to 68$ per barrel into Q1 - Q2 2023. So, if oil prices remain high and inflation remains elevated, then companies like ExxonMobil and exploration companies like Hibiscus will still command pretty good free cash flow for the entire 2023. What do you think>
2022-12-14 10:41 | Report Abuse
@pang72 I still think next year, Hibiscus and Coastal will perform very well except Hengyuan Refining and Petron. I don't think energy stock is over yet. Just ignore OTB and sslee because they cannot control a 1 billion dollar company.
2022-12-14 10:39 | Report Abuse
Same I also like to write in broken English sometimes
2022-12-14 10:26 | Report Abuse
Who is karma sifu for Coastal? You mean sslee or OTB? I am not friends with them
2022-12-14 10:26 | Report Abuse
@pang72 I cannot understand what you are writing because your English grammar is so weird haha. But anyways good for you since I already sold Greatech a few days ago. It is enough for me and I need to go for holiday soon so i need money
2022-12-14 10:23 | Report Abuse
@troy88 We were having a good time and then all the OTB fanboys came and disturbed our favourite stock. This is so dumb
2022-12-14 09:35 | Report Abuse
congrats for your exceptional performance this quarter. you performed better than me this quarter haha
2022-12-14 09:34 | Report Abuse
This year, how much is your bonus?
2022-12-14 09:34 | Report Abuse
Wow pang72 you made the right call.
2022-12-14 09:29 | Report Abuse
pang72 when are you going to bring your wife to Europe for holiday?
2022-12-14 09:26 | Report Abuse
Can go to Italy three times haha. can't go if you don't sell
2022-12-14 09:25 | Report Abuse
Sold some to go to Europe for travel next year. let's go
2022-12-13 19:52 | Report Abuse
Sslee short seller. I am not buying anymore. I already said it a few days ago. @VTrade you schadenfreude
2022-12-12 17:11 | Report Abuse
Final price target is RM7.80 by the end of Q1 2023
Slowly take profit as the stock goes up 20%
2022-12-12 17:08 | Report Abuse
Healthcare stocks perform well at the end of an economic cycle. Right before the beginning of a global recession, healthcare stock will most likely peak, followed by a S/T correction. We are currently in the final stage of growth, soon to enter Stage 1 of recession. Earliest is between Q1 and Q2 2023
2022-12-12 17:05 | Report Abuse
Downgrade Kotra Industries to Neutral from Overweight (Short term), Long-term is still overweight
2022-12-12 17:04 | Report Abuse
After one year and a half, Kotra Industries has finally reached its true intrinsic value.
Take profit 30%
2022-12-09 06:03 | Report Abuse
This stock will fly today. Unfortunately disposal news was too late to act on
2022-12-08 09:20 | Report Abuse
They collected enough already. It is time
Stock: [RL]: RESERVOIR LINK ENERGY BHD
2022-12-19 10:11 | Report Abuse
Do not lose hope. Continue to add on weakness. Insiders want YOU to sell so do not donate your shares cheap to them. Keep holding and don't pay attention to short-term price action.