COASTAL CONTRACTS BHD

KLSE (MYR): COASTAL (5071)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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

ivan9511

3,854 posts

Posted by ivan9511 > 2016-04-27 01:05 | Report Abuse

johnmasino , why coastal only, dayang and armada also got potential ?
can teach a little bit ?
thanks

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-04-27 01:17 | Report Abuse

jonhnmasino, everyone knows, but when come to reality, everyone always fear to be greedy.

Posted by Sebastian Sted Power > 2016-04-28 09:03 | Report Abuse

cannot be uzma RM2 but coastal only 1.6++

Sapphire

1,765 posts

Posted by Sapphire > 2016-04-28 22:59 | Report Abuse

hehe..tomolo buy 10 lot...hehe

Posted by inikalilah888 > 2016-04-29 11:54 | Report Abuse

Oil up still can up, wtf...

Sapphire

1,765 posts

Posted by Sapphire > 2016-05-03 14:40 | Report Abuse

Longterm sure up....bottom fish apa takut.....

Sapphire

1,765 posts

Posted by Sapphire > 2016-05-03 14:57 | Report Abuse

Sold all my export dy..left all 30% bottom fish undervalue stock...and hold cash 70 percents..

Posted by inikalilah888 > 2016-05-05 17:06 | Report Abuse

sleeping beauty ZZzzzzz

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-05-12 03:51 | Report Abuse

Oil price breaking 47! Going forward 50 since shale oil storage big fall! Goreng coastal! Hehe ..

Posted by inikalilah888 > 2016-05-12 12:23 | Report Abuse

Hibernating ZZzzzz...

Sapphire

1,765 posts

Posted by Sapphire > 2016-05-14 11:36 | Report Abuse

simpan sikit sikit

Sapphire

1,765 posts

Posted by Sapphire > 2016-05-14 11:36 | Report Abuse

^^

asdf

366 posts

Posted by asdf > 2016-05-14 14:53 | Report Abuse

Many companies in this industry are holding very high inventories
due to the low oil price.
Even if oil price were to recover slowly, it may takes years to digest the inventories in hand.
If have the ability to hold the stock for maybe 3 to 5 years, then it is ok to enter now.
I cannot hold that long, so it is better of me to wait for the breakout.

Sapphire

1,765 posts

Posted by Sapphire > 2016-05-16 11:22 | Report Abuse

Wait 1550..it will rebound.不要急。。慢慢买。。呵呵。。

PeterNg

409 posts

Posted by PeterNg > 2016-05-16 12:57 | Report Abuse

Wait for the May report come out first, then decided to go in!

asdf

366 posts

Posted by asdf > 2016-05-17 04:52 | Report Abuse

turun lagi.

Posted by inikalilah888 > 2016-05-17 15:11 | Report Abuse

very stubborn this counter, cant up...

PE_10

60 posts

Posted by PE_10 > 2016-05-17 19:41 | Report Abuse

EPS 2.51 sen. If fair PE 10 TP RM 1. If PE 8(Kenanga said today) TP 80 sen.
http://klse.i3investor.com/servlets/stk/fin/5071.jsp

chrisyap

615 posts

Posted by chrisyap > 2016-05-23 20:46 | Report Abuse

the coast is clear ?

cyeec2000

994 posts

Posted by cyeec2000 > 2016-05-25 18:20 | Report Abuse

Net profit dropped much in this quarters

johnmasino

771 posts

Posted by johnmasino > 2016-05-26 00:31 | Report Abuse

That's not quite correct...compared to previous quarter, net profit actually rose by 46%. Not bad considering the depressed demand for oil.

johnmasino

771 posts

Posted by johnmasino > 2016-05-26 00:31 | Report Abuse

The Group reported a profit before tax of RM18.6 million in the current quarter, a 46% increase quarter-on-quarter from RM12.7 million owing to the foreign exchange gain recognised in the current quarter as compared to the exchange loss posted in last quarter.

johnmasino

771 posts

Posted by johnmasino > 2016-05-26 00:32 | Report Abuse

Year-on-year, profit before tax was down by 72% from RM66.2 million. The poorer performance for the current quarter was principally due to lower revenue contribution from Shipbuilding Division on the back of lesser vessel deliveries as well as finance costs and share-based payment expenses recognised.

johnmasino

771 posts

Posted by johnmasino > 2016-05-26 02:56 | Report Abuse

Buffett is accumulating more Philips 66 shares indicating that he is confident oil prices will rise in the near future..

http://www.forbes.com/sites/gurufocus/2016/05/24/warren-buffett-buys-more-phillips-66-under-80-a-share/#1e16034527e2

asdf

366 posts

Posted by asdf > 2016-05-26 07:17 | Report Abuse

On and off people are using Buffett's name to their benefits.

cyeec2000

994 posts

Posted by cyeec2000 > 2016-05-26 08:26 | Report Abuse

Yup, honestly it performance is better than other upstream oil players which majority posted lost..

aquila

33 posts

Posted by aquila > 2016-05-26 17:42 | Report Abuse

Yesterday Coastal announced that it commenced a USD371 million (RM1.5
billion) charter contract of its Jack Up Gas Compression Service Unit (JUGCSU) to
Mexico’s national oil company Petróleos Mexicanos (PEMEX) in January 2016. With the JUGCSU charter it would contribute approximately RM120 million per annum to
Coastal Contracts’ topline. I understand most of it has already been paid for so it should eps significantly and the share price to increase significantly soon. No wonder the family members were buying up to its maximum since March 22.

aquila

33 posts

Posted by aquila > 2016-05-26 17:43 | Report Abuse

Yesterday Coastal announced that it commenced a USD371 million (RM1.5 billion) charter contract of its Jack Up Gas Compression Service Unit (JUGCSU) to Mexico’s national oil company Petróleos Mexicanos (PEMEX) in January 2016. With the JUGCSU charter it would contribute approximately RM120 million per annum to Coastal Contracts’ topline. I understand most of it has already been paid for so it should contribute to eps significantly and the share price to increase significantly soon. No wonder the family members were buying up to its maximum since March 22.

Sapphire

1,765 posts

Posted by Sapphire > 2016-05-26 20:57 | Report Abuse

one step closer.

Sapphire

1,765 posts

Posted by Sapphire > 2016-05-26 20:57 | Report Abuse

1550

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-05-31 12:14 | Report Abuse

haha, game over, waiting 1.30!!

Sapphire

1,765 posts

Posted by Sapphire > 2016-06-01 23:41 | Report Abuse

yaya...game over...

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-06-02 14:57 | Report Abuse

good day is coming if saudi and opec are cut production tonight!! klci keeps change to uptrend mode!!! Buy buy buy and hold!!!

oregami

1,999 posts

Posted by oregami > 2016-06-02 15:14 | Report Abuse

Very likely to rebound.

oregami

1,999 posts

Posted by oregami > 2016-06-02 15:30 | Report Abuse

31st was almost historical low.

cyeec2000

994 posts

Posted by cyeec2000 > 2016-06-02 16:50 | Report Abuse

They are likely to cut production?

zuolun

51 posts

Posted by zuolun > 2016-06-03 10:56 | Report Abuse

COASTAL ~ Dead cat bounce, crucial support @ RM1.43 http://www.investlah.com/forum/index.php/topic,23985.msg1483545/topicseen.html#msg1483545

zuolun

51 posts

Posted by zuolun > 2016-06-03 11:06 | Report Abuse

Crises may strike OPEC’s weakest members this year ~ 1 Jun 2016 http://www.cnbc.com/2016/06/01/crises-may-strike-opecs-weakest-members-this-year.html

Posted by younginvestor92 > 2016-06-03 11:12 | Report Abuse

The rome has fallen

johnmasino

771 posts

Posted by johnmasino > 2016-06-04 01:45 | Report Abuse

That's why I'm accumulating Coastal shares.

Posted by inikalilah888 > 2016-06-07 15:33 | Report Abuse

No movement at all... :(

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-06-07 16:50 | Report Abuse

Ya. Don't know why, a lot oil related counters are moving.. Don't bother just accumulate more and more!!

Posted by inikalilah888 > 2016-06-08 16:36 | Report Abuse

still stay on 1.57, omg

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-06-08 18:08 | Report Abuse

Broke 52 usd!! Going forward 53 usd!!!

johnmasino

771 posts

Posted by johnmasino > 2016-06-09 05:54 | Report Abuse

WOOHOO...Oil price are rising like mad...O&G counters are now the thing..Coastal should start flying tommorow leh

http://www.marketwatch.com/story/oil-prices-march-past-50-amid-signs-of-us-inventory-falls-2016-06-08

Oil futures rose Wednesday, with the U.S. benchmark posting a nearly 11-month closing high, as crude found support from continued supply disruptions, China import data and a decline in crude inventories.

On the New York Mercantile Exchange, West Texas Intermediate crude for July delivery CLN6, +2.32% rose 87 cents, or 1.7%, to settle at $51.23—the highest close for a nearby contract since July 15.

August Brent crude LCOQ6, +2.49% the global oil benchmark, rose $1.07, or 2.1%, to finish at $52.51 a barrel on London’s ICE Futures exchange, its highest close since October.

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-06-09 08:29 | Report Abuse

Fundamentally oil price is uptrend now. Maybe currently is the historical lowest now! Buy signal is coming!!

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-06-09 08:35 | Report Abuse

Short term tp 2.00, Long Term tp should more than 4.00. Hehe ..

Post a Comment