Posted by calvintaneng > 2015-08-23 12:27 | Report Abuse

Be careful now!

According to Dr Marc Faber the whole is now contracting and imploding!

As such demand for vessels will shrivel.

Better keep cash and see www.chick.com

Posted by cyeec2000 > 2015-08-24 10:41 | Report Abuse

I am waiting further dropped,if below rm1 which is more best price for me to accumulate it..

Posted by Ong Kam Siong > 2015-08-24 12:30 | Report Abuse

yesss...I believe Coastal might sustain dividend payout, or, reduce dividend in coming quarters. They need to have cash standby for venture in Mexico. Dividend yield remains only if we buy with lower entry price.

Posted by haikeyila > 2015-08-24 19:33 | Report Abuse

company is buying back even if no one interested. I see traces of my beloved hapseng in this counter, lol.

Posted by tkg8 > 2015-08-24 21:11 | Report Abuse

lot of undervalued companies have been buying back their own shares for the past few weeks but that seems doesn't really help in sustaining the share prices!

Posted by imari123 > 2015-08-25 11:44 | Report Abuse

I wonder where are all the Coastal counter experts today?

Posted by goreng_goreng > 2015-08-25 13:43 | Report Abuse

im pretending dead right now, once bear go away, will backstab him/her with chainsaw. cheers:)

Posted by goreng_goreng > 2015-08-25 14:02 | Report Abuse

yea should have guts and balls to take the risk

Posted by goreng_goreng > 2015-08-25 14:04 | Report Abuse

*calculated risk

Posted by Sapphire > 2015-08-25 18:05 | Report Abuse

Lol....risk is only till rm1.50...it wunt go down anymore....after september...the bear is away...opec and iran have a meeting to discuss the supply oil barrel and oil price.....the date not issue but confirm will come out with solution...

Posted by Sapphire > 2015-08-25 18:12 | Report Abuse

Gratz to those bought at rm1.65.

Posted by ggg123 > 2015-08-25 18:31 | Report Abuse

So are we going to see a drop tomorrow? Revenue and NP down 30%!

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4842193

This will push up Coastal's PE to be even further from NamCheong from what it is right now.

And don't forget NamCheong's dividend yield of 10%, Coastal's of <4%. And it's on SGX, not as bad as KLSE's uncertainties.

Tomorrow's TP?

Posted by Sapphire > 2015-08-25 18:34 | Report Abuse

5 year plan...2015-2020. (2009-2014).

Posted by Sapphire > 2015-08-25 18:36 | Report Abuse

Return 20% per anual year.

Posted by Sapphire > 2015-08-25 18:39 | Report Abuse

At least and the minimum..this black gem will back to usd110!

Posted by ggg123 > 2015-08-25 18:43 | Report Abuse

Sapphire: At least and the minimum..this black gem will back to usd110!
25/08/2015 18:39

Sapphire:

Even Wall Street brains have been consistently wrong (too optimistic) about the price your black gem so far: http://www.bloomberg.com/news/articles/2015-08-13/optimistic-oil-experts-still-see-rally-as-crude-nears-6-year-low

And you are predicting even higher than them?

Posted by ggg123 > 2015-08-25 19:02 | Report Abuse

In 1Q15 press release:

"While ongoing market uncertainties may pose a slowdown in new OSV orders in the year ahead"

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=186402&name=EA_FR_ATTACHMENTS

It was a caution, and we see revenue and NP drop 30% in 2Q15!

In 2Q15 press release:

"While the Group is witnessing slower OSV orders due to weak sector sentiment"

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=187947&name=EA_FR_ATTACHMENTS

So the company already receive slow orders since Jan-Mar 2015 (1Q15) or maybe even as early as Oct-Dec 2014 (4Q14).

So market sentiment (OIL PRICE) caused the poor results in Apr-Jun 2015 (2Q15).

Now, the oil price is even worse than during those six months.

And we are already 67% finished with Jul-Sept 2015 (3Q15).

So what do you think 3Q15 revenue and net profit will be? ;)

Check out analyst reports on NamCheong and their cautionary forecasts.

Posted by haikeyila > 2015-08-25 22:18 | Report Abuse

surprisingly good results, I was expecting worse. half yearly revenue and profits still increased. and a 12-yr JUGSU contract with petroleos mexicanos, muy bueno! healthy orderbook til 2017, enough to ride out this volatility.

Posted by always_steady > 2015-08-25 22:35 | Report Abuse

good result doesn't means good uptrend sometimes. trade carefully.
by the way, time to buy this counter?

Posted by Sapphire > 2015-08-25 23:21 | Report Abuse

Collect it btm price....my top up coming soon end of this month....

Posted by Sapphire > 2015-08-25 23:21 | Report Abuse

See tomolo mr. Market offer what price....

Posted by Sapphire > 2015-08-26 09:17 | Report Abuse

See whether today can buy at rm1.65...hehe...

Posted by Sapphire > 2015-08-26 09:40 | Report Abuse

Deleum rm1 lelong..7% div yield per year..strong buy yesterday...watch out.. orderbook 3.8billion..busy tillll 2018. :)

.

Posted by Sapphire > 2015-08-26 09:42 | Report Abuse

Currently i hold coastal at rm 1.70 and deleum at rm1.02.

Posted by Sapphire > 2015-08-26 09:54 | Report Abuse

Hold high growth stock(coastal) + high dividend stock (deleum) = great couple...tp rm5.88 : rm2.00 : 5 years plan.play black gem only...oil up ringgit up..

Posted by ggg123 > 2015-08-26 10:02 | Report Abuse

Kenanga cuts TP from RM3.74 to RM2.31 (-33.4%)

But overall positive report. Let's see whether their clients will reduce holdings. Then can collect some at RM1.65 hopefully, then it is more reasonable as it becomes closer to NamCheong's superior valuations.

Posted by Sapphire > 2015-08-26 10:21 | Report Abuse

Mana satu lebih murah beli....banyak masa lagi....queue dulu.....tak urgent ....hehe....

Posted by Sapphire > 2015-08-26 10:22 | Report Abuse

Lembu masih tidur lagi dik....

Posted by ggg123 > 2015-08-26 10:44 | Report Abuse

RHB DOWNGRADES Coastal, cuts TP from RM4.30 to RM1.89 (-56%)

Posted by haikeyila > 2015-08-26 10:47 | Report Abuse

let's hope the price weakens more so all you cheap desperados can pick them up on bargain basement, lol. EPF has already started scooping.

Posted by Up_down > 2015-08-26 11:04 | Report Abuse

Profit was badly couple with low outstanding order book. Let it slides further. No hurry scooping.

Posted by Treasury > 2015-08-26 20:52 | Report Abuse

better look at margin and the ROE instead of revenue..

Posted by goreng_goreng > 2015-08-27 12:00 | Report Abuse

waa... today chart almost same as klci chart.

Posted by Sapphire > 2015-08-27 12:21 | Report Abuse

US start qe4?!

Posted by Sapphire > 2015-08-27 16:06 | Report Abuse

US extend interest on december 2015.

Posted by haikeyila > 2015-08-28 08:37 | Report Abuse

oil just rocketed 10.3%. think this may be a good day to pick up coastal on the cheap? lol

Posted by Treasury > 2015-08-28 08:42 | Report Abuse

agreed

Posted by Sapphire > 2015-08-28 09:07 | Report Abuse

Usd$40 per barrel frm usd 39...

Posted by Sapphire > 2015-08-28 09:08 | Report Abuse

End of this year average usd 45 per barrel.

Posted by Sapphire > 2015-08-28 11:46 | Report Abuse

No goreng....this counter for long term...zzz....

Posted by goreng_goreng > 2015-08-28 11:59 | Report Abuse

look how epf eat their vomit back. they buy beck yesterday. really worried how they manage malaysian moneyy.

Posted by kuengkucheng > 2015-08-28 12:37 | Report Abuse

looks like EPF right move..
2Q investment 9.7% income up

Posted by goreng_goreng > 2015-08-28 16:25 | Report Abuse

No, I mean why dont they just hold and average down earlier. Are they traders?

Posted by L. C. Chong > 2015-08-28 22:38 | Report Abuse

COASTAL Analysis - http://wp.me/p17Hxk-2m4

Posted by kaichi4118 > 2015-09-01 10:04 | Report Abuse

i bought it rm1.730

Posted by cyeec2000 > 2015-09-01 14:01 | Report Abuse

EPF look like sell low buy high..

Posted by uzi440 > 2015-09-01 14:04 | Report Abuse

like they did wth MISC. bunch of morons

Posted by Jeremy Looi > 2015-09-04 18:03 | Report Abuse

no signal the price gonna move higher

Posted by davidkkw79 > 2015-09-17 11:19 | Report Abuse

why today sudenly up so much ?

Posted by ufis > 2015-09-17 11:25 | Report Abuse

1st round of BUYING completed!!!