Posted by Azli > 2013-08-12 20:53 | Report Abuse

Signal to buy has come. Coastal.just received orders worth more than.100 mil.ringgits.

Posted by Azli > 2013-08-12 21:18 | Report Abuse

I am with my smartphone. Don't know how to.paste the link. Pls go to the edge and see the latest share to monitor. I think it was posted in the evening -- ie after market closed.at 5.00 pm.

Posted by hom3boy > 2013-08-12 23:33 | Report Abuse

Coastal is pleased to announce that its wholly-owned subsidiary has secured contracts for the sale of one unit Anchor Handling Tug Supply and one unit Subsea Support/Maintenance Vessel for an aggregate value of approximately RM170 million.

Including the new contracts and after adjusting for revenue recognition from vessels delivered to buyers up to 12 August 2013, Coastal Group has about RM1.2 billion worth of vessels sales orders awaiting delivery to customers up to 2014.

The revenue stream from the latest contracts is expected to contribute positively to the earnings per share and net assets per share of Coastal Group for the financial years ending 31 December 2013 and 31 December 2014.

None of the directors and/or substantial shareholders of the Company and persons connected with them have any interest, direct or indirect, in the above transactions.

Posted by 9696_88 > 2013-08-13 05:55 | Report Abuse

Can we buy or not,pls advice

Posted by Azli > 2013-08-13 06:53 | Report Abuse

Let's.monitor how the sentiment is...

Posted by Azli > 2013-08-13 07:09 | Report Abuse

And if the vol is high, personally, I think we should be able to enter.

Posted by Trading_Guruji > 2013-08-13 08:01 | Report Abuse

PETALING JAYA (Aug 13, 2013): Sabah-based Coastal Contracts Bhd has secured contracts worth RM170 million to build an anchor handling tug supply and a subsea support/maintenance vessel for delivery up to 2014.

"Including these new deals, Coastal Group has managed to clinch vessel sales orders totalling RM1 billion in 2013 alone. Cumulatively, the value of Coastal Group's outstanding vessel sales order book has reached some RM1.2 billion (awaiting delivery to customers up to 2014)," said its executive chairman Ng Chin Heng in a statement yesterday.

"This will further underpin the group's growth momentum as well as earnings visibility for the next one to two years," he added.

The revenue stream from the latest two vessels is expected to contribute positively to the top and bottom line performance of the group for the financial years ending Dec 31, 2013 and 2014.

Ng said the group remains optimistic about the growth of the offshore support vessel (OSV) market, given that it is a moderately developing market with no other substitutes currently available "which makes it the backbone of the oil and gas upstream segment".

"With stable recovery of OSV market, Coastal Group remains confident in its fundamental ability in building right mixed of purpose-driven OSV for customers.

"Moving forward, we will continue to bolster our building programme to leverage on the OSV supply-demand disequilibrium," he added.

- See more at: http://m.thesundaily.my/node/218226#sthash.D6852hgf.dpuf

Posted by Punesh18 > 2013-08-13 16:12 | Report Abuse

Cn enter??

Posted by Azli > 2013-08-13 22:35 | Report Abuse

Don't know whether to enter again or not tmrw

Posted by teow > 2013-08-14 02:26 | Report Abuse

Time to enter

Posted by AlexisAAX > 2013-08-14 16:48 | Report Abuse

Downtrend.. C tomorrw then enter..

Posted by Manin40 > 2013-08-14 16:52 | Report Abuse

Good and solid counter

Posted by Borneo1981 > 2013-08-14 18:15 | Report Abuse

its going down..don't enter..sell this if you have the stock..buy back cheaper later

Posted by Jonathan Keung > 2013-08-14 18:31 | Report Abuse

good for long term play. coastal still lack buying momentum.

Posted by Borneo1981 > 2013-08-15 11:44 | Report Abuse

short-med term play will go down, sell all now while you can. don't say i didnt warn you!!

Posted by Lawrence Lai > 2013-08-18 10:27 | Report Abuse

it is gonna take a long break

Posted by Sapphire > 2013-08-20 20:33 | Report Abuse

dun sell no money earn dy...

Posted by SJaladdin > 2013-08-22 16:09 | Report Abuse

sure or not hafiz? haha

Posted by calow1 > 2013-08-26 16:41 | Report Abuse

something brewing... after 4pm.. share price just keep going up up up up... like no resistance??
any news coming? time to enter?

Posted by lching > 2013-08-28 16:19 | Report Abuse

ok, buy some for long term.

Posted by lching > 2013-08-29 15:30 | Report Abuse

shall we take profit?

Posted by SJaladdin > 2013-08-29 15:36 | Report Abuse

take

Posted by lching > 2013-08-29 17:13 | Report Abuse

done

Posted by Manin40 > 2013-09-02 14:24 | Report Abuse

this counter went too high

Posted by ferdtwh > 2013-09-03 16:38 | Report Abuse

y so many funds / speculators like to goreng this stock....today after 2.30pm...shoot up....

Posted by Manin40 > 2013-09-04 11:59 | Report Abuse

the management and family managing this business is genuine, has the expertise and NTA, Debt management, ROE are good too. The issue is with PE for the industry is being perceived low.

Posted by calow1 > 2013-09-23 15:18 | Report Abuse

any news? suddenly been climbing up ..
new contract awards?

Posted by iafx > 2013-09-23 15:22 | Report Abuse

plenty of "suddenly" coming for O&G counters nowadays, every time u tot it's going to screw, it shoot up suddenly :D :D :D

Posted by Asria > 2013-09-23 15:24 | Report Abuse

any new why shoot up suddenly

Posted by iafx > 2013-09-23 15:27 | Report Abuse

too fast too high already, watchout alam instead

Posted by Asria > 2013-09-23 15:36 | Report Abuse

what you mean too fast to hight

Posted by calow1 > 2013-09-24 12:47 | Report Abuse

Fluctuated fast.. Frm high of 2.98 yesterday now at 2.89.. Daya ago at 2.68 only. Something coming probably? Receive awards? Anyone any news tips?

Posted by Asria > 2013-09-24 14:44 | Report Abuse

anyone got news to share

Posted by iamalex > 2013-10-03 23:18 | Report Abuse

price hold strong.....should see upside soon

Posted by thlim123 > 2013-10-22 07:56 | Report Abuse

Coastal Contracts Bhd has secured orders for six offshore support vessels with a collective value of some RM318 million. The list comprises four units of anchor handling tug supply vessels, one subsea support maintenance unit, and a platform supply entity.

"The revenue stream from the latest contracts is expected to contribute positively to the earnings per share and net assets per share of Coastal group for the financial years ending 31 December 2013 and 31 December 2014," Coastal said.

Posted by thlim123 > 2013-10-22 07:56 | Report Abuse

From the edge

Posted by msybs8848 > 2013-10-22 12:00 | Report Abuse

they got big money

Posted by msybs8848 > 2013-10-22 12:03 | Report Abuse

History can tells us again. Previous they have hits at RM3.50

Posted by Teow > 2013-10-23 19:09 | Report Abuse

Yes. It is going to hit 3.5 this week...

Posted by thlim123 > 2013-10-24 11:17 | Report Abuse

Hardly to hit 3.5 this week

Posted by Manin40 > 2013-10-25 11:52 | Report Abuse

This will be like Zhulian. Very solid management and international exposure. PE is very low, if compare to Oil and Gas industry. UMW Oil come in will re rate this stock.

Posted by thlim123 > 2013-10-29 11:19 | Report Abuse

Slow and steady moving up...

Posted by keyin > 2013-10-29 21:24 | Report Abuse

3.50 soon...

Posted by ongws > 2013-10-29 23:40 | Report Abuse

tomolo will break 3.5!! yahoo!!

Posted by thlim123 > 2013-10-30 07:06 | Report Abuse

Yap hope so...

Posted by Teow > 2013-10-31 23:24 | Report Abuse

Close at 3.51. Did u see it?

Posted by thlim123 > 2013-11-01 05:20 | Report Abuse

Yes

Posted by TonsilBasher > 2013-11-01 14:19 | Report Abuse

its getting too high

Posted by KahYong Tan > 2013-11-01 16:24 | Report Abuse

hi scooty is it the system u intro useful??

Posted by cariyoyo > 2013-11-21 12:48 | Report Abuse

something is definitely brewing in this counter. suddenly less people are commenting on it. wait for its quarterly results next week and back to RM3.50