COASTAL CONTRACTS BHD

KLSE (MYR): COASTAL (5071)

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Last Price

1.54

Today's Change

+0.06 (4.05%)

Day's Change

1.48 - 1.54

Trading Volume

102,700


15 people like this.

3,436 comment(s). Last comment by Dehcomic01 2 months ago

Joel

4,580 posts

Posted by Joel > 2014-09-09 20:57 | Report Abuse

RM10.00 是5年后的股价,
但是这很难说,也许3-4年就可达标。

现在可以买进,长期FD 肯定比起银行/投资Unit Trusts 好多了。

Overweight

229 posts

Posted by Overweight > 2014-09-10 15:31 | Report Abuse

I'm pretty optimistic on this although the price stagnant long time at this level.

kewyy

76 posts

Posted by kewyy > 2014-09-17 16:22 | Report Abuse

Any idea for this??

komnas

532 posts

Posted by komnas > 2014-09-17 16:42 | Report Abuse

What happen today?

peiyee

178 posts

Posted by peiyee > 2014-09-17 16:44 | Report Abuse

Em...

kewyy

76 posts

Posted by kewyy > 2014-09-17 17:04 | Report Abuse

It is a good choice to entry !!

komnas

532 posts

Posted by komnas > 2014-09-18 12:29 | Report Abuse

Anyone know what's happening?

kent98

136 posts

Posted by kent98 > 2014-09-18 14:23 | Report Abuse

I'll buy more during this sell down, I'm taking chances here, no risk no gain. I have been holding this stock since RM2+, and following closely on their biz progress/development, I don't see anything wrong with it. But, I do noticed EFP is selling recently, so this price drop may be due to EFP investment portfolio re-balancing. Also, if you looked at the trend of the past few sell-downs during the last ~6 months or so, it will slowly go up and stabilize to RM4.90 ~ RM5.10 again after the selldown is over.

tasoke

317 posts

Posted by tasoke > 2014-09-18 14:37 | Report Abuse

i bought last 5 year, now earn more than 200% , dividend every year get, below 4.50 , l will add belo 4.50

Posted by Lollipot Anison > 2014-09-18 16:32 | Report Abuse

too bad I don't have extra cash. If not I will buy now.

Overweight

229 posts

Posted by Overweight > 2014-09-18 17:08 | Report Abuse

Just bought another 20 lots, thanks EPF for the action

Jack Tan

46 posts

Posted by Jack Tan > 2014-09-18 17:26 | Report Abuse

This 1 is a good good stock bought on 1.98 on year 2013 30 slot now see the price muackss lol take profit and run

Overweight

229 posts

Posted by Overweight > 2014-09-18 17:29 | Report Abuse

share buy back was triggered between 5.07~5.12 months ago why not kick in this price, what's the objective behind? they might not happy why retail players still holding this stock.

komnas

532 posts

Posted by komnas > 2014-09-19 20:38 | Report Abuse

Up again today

davors

889 posts

Posted by davors > 2014-09-22 19:06 | Report Abuse

drop pula

pujut

151 posts

Posted by pujut > 2014-09-23 00:43 | Report Abuse

Yahooo down again...time to reenter....

Joel

4,580 posts

Posted by Joel > 2014-09-24 08:06 | Report Abuse

我觉得昨天我买太少了在RM4.61 COASTAL。

Posted by Lollipot Anison > 2014-09-24 09:45 | Report Abuse

yes I also regret. bought some at 4.6 for stocking purpose

Joel

4,580 posts

Posted by Joel > 2014-09-26 16:52 | Report Abuse

COASTAL 的正常股价水平是RM5.00-RM5.30以它的公司实力状况。

TP 6.00 绝对是可达标!

Overweight

229 posts

Posted by Overweight > 2014-09-26 17:44 | Report Abuse

OTHERS Coastal Contracts Bhd ("Coastal" or "Company") - Vessel Sales Worth Approximately RM444 Million

COASTAL CONTRACTS BHD

Type Announcement
Subject OTHERS
Description Coastal Contracts Bhd ("Coastal" or "Company") - Vessel Sales Worth Approximately RM444 Million

Coastal is pleased to announce that its wholly-owned subsidiaries have secured contracts for the sales of seven units Offshore Support Vessels for an aggregate value of approximately RM444 million.

Including the new contracts and after adjusting for revenue recognition from vessels delivered to buyers up to 26 September 2014, Coastal Group has about RM1.4 billion worth of vessels sales orders awaiting delivery to customers up to 2015.

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 2014 and 31 December 2015.

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.

komnas

532 posts

Posted by komnas > 2014-09-26 17:45 | Report Abuse

Up again

Overweight

229 posts

Posted by Overweight > 2014-09-26 17:49 | Report Abuse

just secured another awesome contract, such strong performance just qualifying for this conservative RM6 target? hehe.

Joel

4,580 posts

Posted by Joel > 2014-09-26 20:58 | Report Abuse

你们说TP 6.00 罢了,

其实我心也有想过,这个TP 6.00 已不配COASTAL 的公司现有实际状况与前景。

Joel

4,580 posts

Posted by Joel > 2014-09-26 21:04 | Report Abuse

Coastal is pleased to announce that its wholly-owned subsidiaries have secured contracts for the sales of seven units Offshore Support Vessels for an aggregate value of approximately RM444 million.


Including the new contracts and after adjusting for revenue recognition from vessels delivered to buyers up to 26 September 2014, Coastal Group has about RM1.4 billion worth of vessels sales orders awaiting delivery to customers up to 2015.


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 2014 and 31 December 2015.


(很大量的OG订单!)

Joel

4,580 posts

Posted by Joel > 2014-09-26 21:06 | Report Abuse

个人觉得,

下星期 / 近期内该会有新的COVER REPORT@COASTAL 出炉!

Joel

4,580 posts

Posted by Joel > 2014-09-26 21:50 | Report Abuse

以这RM444 mil 的OG订单,

将大大地提升COASTAL 的NET ASSETS PER SHARE DEC 2014-2015!


目前Net Assets per share end of current quarter on 30/06/2014
是RM2.4041。

Posted by Lollipot Anison > 2014-09-26 22:42 | Report Abuse

keke. huat liao. no more EPF to dump share.
will back to rm 5 very soon and test 5.5 again

Overweight

229 posts

Posted by Overweight > 2014-09-27 10:09 | Report Abuse

haha...EPF sure known something before news release and pressing the price for their own objective but they better hiding below 5% state holding lah.

***TA might wrong and bluff you but FA cannot goes too wrong :)

tasoke

317 posts

Posted by tasoke > 2014-09-27 10:20 | Report Abuse

Below 5 enter , sure return 50% ,just buy keep see 7.50 will come after 52 week,

joel

4,580 posts

Posted by joel > 2014-09-28 09:52 | Report Abuse

1。COASTAL 获得RM444 mil 的7 艘SALE OF OFFSHORE SUPPORT VESSELS (OSV )。

2。 ORDER BOOK 增加至RM2.6 bil ( RM26 亿!)
2.1 RM1.4 BIL 是SALE OF THE VESSELS。
2.2 RM1.2 BIL 是JUGCSU CHARTER CONTRACT FOR MEXICO's STATE-OWNED BY
CAMPANY PETROLEOS MEXICANIS。

3。More Opportunities for OSV replacement bcos of 25% current global OSV FLEET is more than
25 years old.

4。 Strong Momentum of shipbuilding division.

5. On track the completion of first high-specification Jack-Up-Rig @ COASTAL DRILLER 4001.
5.1 First Jack-Up-Rig gas compression service unit ( JUGCSU)
5.2 COASTAL DRILLER 4001 & JUGCSU @ slate for completion by the fourth quarter of 2014
& first half of 2015. ( 到时PROFIT 将大增!)

6。Price to earning ratio of 13 times with TP RM5.92 ( 旧的,目前还没更新)

7。Revenue jumped 50% to RM467.07 mil.
8。Earning rose 54.3% to RM97.39 mil. ( ended June 30, 2014 )

joel

4,580 posts

Posted by joel > 2014-09-28 11:07 | Report Abuse

SUMMARY:

COASTAL@ There are MORE THAN 40

jack-up rig contracts in South-east Asia expiring from
mid-2013 to 2015,

which implies abundant opportunities
on the horizon.

Moreover, there could be cross-selling
opportunities with its entry into Mexico.


COASTAL’s long-term jack-up rig compression unit
earnings will kick-start in FY15.

granto

47 posts

Posted by granto > 2014-09-29 08:52 | Report Abuse

Coastal Contracts’ order book swells: http://www.seashipnews.com/News/Coastal-Contracts’-orderbook-swells/3w3c2662.html

kent98

136 posts

Posted by kent98 > 2014-09-29 09:34 | Report Abuse

IT's a good buy now, miss the boat, and you will be rush to chase high later. The price has been stagnant at this level for the past ~6 months already, when it moves up, it will move very quickly. With such a huge contract secured, I suspect there will be re-rating soon, so accumulate now.

Joel

4,580 posts

Posted by Joel > 2014-09-29 09:58 | Report Abuse

The only word I can advice u all Buy@COASTAL .

addylee

104 posts

Posted by addylee > 2014-09-29 20:54 | Report Abuse

definitely this year end will come with higher earnings with the delivery of vessel as well as future prospect.

Joel

4,580 posts

Posted by Joel > 2014-09-30 11:30 | Report Abuse

这支股明年2015会大涨。
股价将处于至少RM5.65 以上!

Joel

4,580 posts

Posted by Joel > 2014-09-30 11:33 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2014/09/30/Coastal-viewed-as-a-cheap-buy/

ALSO TODAY FR THE STAR BUSINESS !

Joel

4,580 posts

Posted by Joel > 2014-09-30 13:09 | Report Abuse

http://www.nanyang.com/node/652678?tid=462

合约强稳 价值低估 沿海工程可涨25% !!!

alphajack

3,685 posts

Posted by alphajack > 2014-10-06 17:31 | Report Abuse

4.50 pls..taiko wanna buy a bit

kewyy

76 posts

Posted by kewyy > 2014-10-07 21:08 | Report Abuse

Why KWSP sell 120,000 shares in coastel contract bhd, and also ceased substantial shareholder any problem?

faruqie

53 posts

Posted by faruqie > 2014-10-08 16:06 | Report Abuse

come on..down some more

kewyy

76 posts

Posted by kewyy > 2014-10-08 16:41 | Report Abuse

Why market so serius? All red?

Posted by byonghock > 2014-10-09 07:57 | Report Abuse

Today should recover at least 20or 30 cents

Overweight

229 posts

Posted by Overweight > 2014-10-09 09:21 | Report Abuse

such good price...buy quietly

alphajack

3,685 posts

Posted by alphajack > 2014-10-09 22:50 | Report Abuse

risky rdy now..oil might fall again sien

Posted by rambo goreng > 2014-10-13 14:45 | Report Abuse

bnyk sudah turun.......

Posted by tonsilbasher > 2014-10-14 21:49 | Report Abuse

continue to drop

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