Posted by Sapphire > 2015-08-17 12:14 | Report Abuse

Ermm...not sure..but opec target usd 30 per barrel..if this not true.. possible is RM 1.60 - RM 1.75 IS GOOD BUY....

Posted by Sapphire > 2015-08-17 12:15 | Report Abuse

But i havnt all in yet.....50% bought from my cash in hand....

Posted by murali > 2015-08-17 12:16 | Report Abuse

Whats yr average cost like?

Posted by calvintaneng > 2015-08-17 12:17 | Report Abuse

Better buy some precious stones like ruby, diamond or sapphire now. For coastal it might go on coasting down to rm1 support. If broken then next support is 80 cents.

Posted by tc88 > 2015-08-17 12:20 | Report Abuse

Calvin last few months so bullish on oil n gas sector, now what happen? Sold all your oil n gas pick at loss?

http://klse.i3investor.com/servlets/pfs/47695.jsp

Posted by TAH > 2015-08-17 12:26 | Report Abuse

Abandon the ship quick when the ship starts to sink.

Posted by murali > 2015-08-17 12:26 | Report Abuse

Do you think the co will close shop?

Posted by Sapphire > 2015-08-17 12:27 | Report Abuse

My avg now is 1.768

Posted by murali > 2015-08-17 12:28 | Report Abuse

If u see and know and convinced by it's value then it could be shopping spree from now....if U see it will close shop cause it drops like shit then just sell and move on

Posted by Sapphire > 2015-08-17 12:29 | Report Abuse

Will top up at. Rm 1.60, rm 1.50, oversold rm1.40 and below..

Posted by murali > 2015-08-17 12:29 | Report Abuse

Wah, average at RM1.768??? So pandai ah, I thought u bought a lot at higher level...still can average down yr cost to Rm1.768 ah...fantastic man...

Posted by Sapphire > 2015-08-17 12:30 | Report Abuse

Close my computer for 5 years and do nothing after all in hehe....

Posted by murali > 2015-08-17 12:32 | Report Abuse

Stock: [COASTAL]: COASTAL CONTRACTS BHD
Aug 4, 2015 11:28 AM | Report Abuse

So happy....buy a bunch of share...aversge 2.44 nice number...

From average of 2.44 to today of RM1.768....damn good of your down averaging skills....

Posted by Sapphire > 2015-08-17 12:34 | Report Abuse

I bot a lot at rm 1.73..T.T

Posted by murali > 2015-08-17 12:36 | Report Abuse

Possible, u bought 2 lot (200 units) at RM2.44 on 04 Aug n u bought a lot at 1.73 today.....hehe

Posted by murali > 2015-08-17 12:37 | Report Abuse

Maybe later when it drops to RM1.20 then your average cost will be RM1.25...I believe in your down averaging skills

Posted by Sapphire > 2015-08-17 12:37 | Report Abuse

Rm1.95 to rm 1.768.coz want leveraging....

Posted by Sapphire > 2015-08-17 12:48 | Report Abuse

Back to 2009 again...haha...wait sentiment come back...will all in...buddy...

Posted by murali > 2015-08-17 12:53 | Report Abuse

Sapphire, i tried to figure out yr way of down averaging from your previous average cost of RM2.44 as at 04 Aug to today's average cost of RM1.768.

As you claimed that u bought some today at Rm1.73, a simple calculation shows that assuming you have 1,000 shares @ RM2.44 as at 04 Aug, u have to buy in 17,000 shares today at RM1.73 so as to get an average cost holding of RM1.768 per share. (1,000 X RM2.44 + 17,000 X RM1.73=RM31,850 / 18,000 shares = RM1.769 per share.

Today hentam a lot ah....

Posted by murali > 2015-08-17 12:57 | Report Abuse

Sapphire's positngs...geng...down averaging King


Aug 4, 2015 11:28 AM | Report Abuse

So happy....buy a bunch of share...aversge 2.44 nice number...

Aug 14, 2015 02:40 PM | Report Abuse

I bot at avg 2.80 at first ... drop till now..my avg rm1.95 ...coastal now start buy back share...

Aug 17, 2015 12:27 PM | Report Abuse
My avg now is 1.768

Posted by ryan_och > 2015-08-17 13:06 | Report Abuse

good, reaching my target soon

Posted by Grace Cheong > 2015-08-17 13:18 | Report Abuse

when will coastal announce DIV ? ANyone know bout it???/

Posted by goreng_goreng > 2015-08-17 13:22 | Report Abuse

@murali his averaging down skill is, he sold first and then buy back at lower that mean he cut loss, absorb the loss, ignoring his realised loss and buy back at lower. thats why he can average down in a such short time@amount.

I've been observing his skill quite for some time, and he even advised one other forumer(Grace Chong i think) to do so. really skillful. hahahahah

Posted by murali > 2015-08-17 14:46 | Report Abuse

OIC....no wonder....

Posted by Sapphire > 2015-08-17 15:40 | Report Abuse

Dividend 20 aug..announce

Posted by Sapphire > 2015-08-17 15:43 | Report Abuse

Usd 42 per barrel ...strong buy volumn support at nasqa...

Posted by Sapphire > 2015-08-17 15:47 | Report Abuse

Nasdaq

Posted by Sapphire > 2015-08-17 16:05 | Report Abuse

Get closer in oil and gas counter...the cheapest and loweest price........投资小利润大。。xD~ ♡.♡$$¥¥££€♥.♥

Posted by Sapphire > 2015-08-17 16:06 | Report Abuse

The knife falling on the floor soon...

Posted by Sapphire > 2015-08-17 16:25 | Report Abuse

5pm soon...buy backkkkkkk

Posted by Sapphire > 2015-08-17 16:26 | Report Abuse

Let it drop...1.65.....zzzz

Posted by Sapphire > 2015-08-17 16:47 | Report Abuse

10m trade soon..

Posted by Grace Cheong > 2015-08-17 18:26 | Report Abuse

is confirm dividen 20 aug annouce?

Posted by tc88 > 2015-08-17 18:28 | Report Abuse

Grace, even high dividend also wont help much as future earning will be badly affected due to depressing oil price.....

Posted by Grace Cheong > 2015-08-17 18:44 | Report Abuse

Yea coastal i will keep for long term but not short term, plan to keep for 3-5 years or even more .. is not my emergency money anyway
So i jz wan to confirm if the div is still given out as usual

Posted by haikeyila > 2015-08-17 19:47 | Report Abuse

a good company with good management and track record, although the coming report may not be stellar. good opportunity to pick up at this price though. make sure not to miss the boat!

Posted by winston1 > 2015-08-17 21:32 | Report Abuse

This is an O&G counter. Oil price still dropping

Posted by tc88 > 2015-08-17 21:35 | Report Abuse

An expected drop in crude prices to $30 to $40 a barrel this fall might not be enough to balance global oil markets, IHS Energy's Jamie Webster told CNBC on Monday.

http://finance.yahoo.com/news/why-oil-may-not-cure-113551593.html

Posted by Ong Kam Siong > 2015-08-17 21:49 | Report Abuse

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.

Posted by davidkkw79 > 2015-08-17 22:00 | Report Abuse

Actually when its price at RM 2.4, I already feel it is undervalued.... but it is keep falling until now RM 1.65!
Something is wrong....high possibility will continue fall until RM 1.5

Posted by Ong Kam Siong > 2015-08-17 22:09 | Report Abuse

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.

Posted by 3stan > 2015-08-17 22:09 | Report Abuse

FA aside the overall market trend is down...Coastal oso crashing now...when the bear unleashed its power good well managed co oso experiended selloff...

...Sit tight...enjoy the fireworks...keep cash until the trend reverses...for now the worst is yet to come...there will be lots of bargain...great bargains...

Posted by goreng_goreng > 2015-08-18 09:53 | Report Abuse

huatttt. lol

Posted by kuengkucheng > 2015-08-18 16:50 | Report Abuse

no down is already huatt..lol

Posted by Forever > 2015-08-18 17:11 | Report Abuse

Possible to drop below RM1.000?

Posted by angelinaloke > 2015-08-18 17:58 | Report Abuse

dogi formation with high volume, possible rebound tomorrow ?

Posted by angelinaloke > 2015-08-19 10:12 | Report Abuse

Go go go , short term TP 2.20

Posted by Sapphire > 2015-08-19 10:23 | Report Abuse

Keep for 5 years...no need change other counter...juz accumulate every month...tp 5.88 5 years target.....

Posted by Sapphire > 2015-08-19 10:24 | Report Abuse

Oil barrel will go back to usd 100*$$$....

Posted by Sapphire > 2015-08-19 10:25 | Report Abuse

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