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

steveooikp

4,689 posts

Posted by steveooikp > 2016-11-29 16:12 | Report Abuse

2.3 b order book!!!
why dump?
the mgmt. is good, they are very cautious.

Posted by kuengkucheng > 2016-11-29 23:51 | Report Abuse

oil price drops again -3.8%

Posted by kuengkucheng > 2016-11-30 09:47 | Report Abuse

dump again..

steelman

158 posts

Posted by steelman > 2016-12-03 21:41 | Report Abuse

though going for coastal with 300+ million loan in US dollars. With US exchange having gone up, servicing of loan interst and repayment challenging. with impending us hike in int in dec 16 or 2017, more money needed to service debt. be cautious!

kewyy

76 posts

Posted by kewyy > 2016-12-04 22:12 | Report Abuse

Steelman coastal also has 500 million cash in usd so how to explain it?

steelman

158 posts

Posted by steelman > 2016-12-05 10:52 | Report Abuse

in the quarterly report there is no mention of 500m cash in usd. infact the balance sheet only indicate cash in hand in ringgit which has dropped by 165 m compared to previous qtr. the notes to account shows that only 3.3m is secured borrowing in ringgit, the rest is in usd. I have exited this counter as the company have no plans to address this usd borrowing issue.

Sapphire

1,765 posts

Posted by Sapphire > 2016-12-05 20:05 | Report Abuse

Whatever...just bought 10 lot again..collect at the btm fish sure no wrong..

Posted by inikalilah888 > 2016-12-07 12:24 | Report Abuse

sinking ship, hopeless counter

steveooikp

4,689 posts

Posted by steveooikp > 2016-12-07 16:32 | Report Abuse

plenty of cash company... good order book.
continue to get contracts....
keep loh
1.29? where to find...

skay

290 posts

Posted by skay > 2016-12-08 10:10 | Report Abuse

Good price now, will collect. Lots of upside ahead with good order book

geary

6,384 posts

Posted by geary > 2016-12-13 18:59 | Report Abuse

Company dealing with commodities are cyclical in nature. Good news now OPEC n non OPEC are cutting down production n recently oil price uptrend. By January OPEC will export less to EU n US, so d price will stabilise. Maybe chances this counter to be in the uptrend. Support is roughly at this price, at 25% below its NCAV, floor value. No deficit yet, n total borrowing is still reasonable for its collaboration with other company gas exploration. Future prospects is okay if earnings is upside for the coming quarters. Gd luck!

aquila

33 posts

Posted by aquila > 2016-12-21 17:02 | Report Abuse

RM1.40 now. Any good news other than opec oil reduction?

steveooikp

4,689 posts

Posted by steveooikp > 2016-12-21 17:10 | Report Abuse

climb back...
this is a v v good counter....
can buy more...
keep it.... it will rebound like a horse...

steveooikp

4,689 posts

Posted by steveooikp > 2016-12-22 17:34 | Report Abuse

GOGOGO>...

good news coming...

more projects....

steveooikp

4,689 posts

Posted by steveooikp > 2016-12-22 17:35 | Report Abuse

buy back more share please.

geary

6,384 posts

Posted by geary > 2016-12-29 02:15 | Report Abuse

Uptrend at present! If oil price stay above $55, earnings will increase n stock price will go up. At present it is below its net current asset value of 1.70. Good chance for share buyback n insiders buying. Gd luck!

steveooikp

4,689 posts

Posted by steveooikp > 2017-01-02 14:15 | Report Abuse

coastal.... buy and keep if you have money....
till to-date .... good order book, contracts keep on coming in,,.
good mgmt... dividend somemore...

steveooikp

4,689 posts

Posted by steveooikp > 2017-01-04 08:05 | Report Abuse

good company... nothing to worry... but need patience.....

steveooikp

4,689 posts

Posted by steveooikp > 2017-01-04 12:09 | Report Abuse

coming... coastal... show your power...

aquila

33 posts

Posted by aquila > 2017-01-04 14:37 | Report Abuse

Up 5 sen this morning. Hope to add more power.

steveooikp

4,689 posts

Posted by steveooikp > 2017-01-04 17:45 | Report Abuse

this counter is worth at least RM 3!

fattycat

699 posts

Posted by fattycat > 2017-01-04 17:50 | Report Abuse

I think so !!
trading below nta 3.22

steve

61 posts

Posted by steve > 2017-01-06 10:04 | Report Abuse

Seeing the revival of Coastal.... oil prices expected to up further

US Nymex at $54.05 (+0.79) (+1.48%)
Brent at 57.29 (+0.83) (+1.47%)

steveooikp

4,689 posts

Posted by steveooikp > 2017-01-14 09:37 | Report Abuse

this stock has a high nta.
good management.
wait...

Upup168

487 posts

Posted by Upup168 > 2017-01-17 20:57 | Report Abuse

should find support at 1.43 or 1.44 then upside again with the oil raise to Usd 53-55. Next target 1.54?? Any comment?

Upup168

487 posts

Posted by Upup168 > 2017-01-18 10:22 | Report Abuse

coming.. going up!

Upup168

487 posts

Posted by Upup168 > 2017-01-18 13:29 | Report Abuse

1.47.. 1.49.. going up! good luck!

kewyy

76 posts

Posted by kewyy > 2017-01-21 14:16 | Report Abuse

Any effect will made for coastal due to UMW sell UMWOIL?

BOOON

16 posts

Posted by BOOON > 2017-02-06 17:17 | Report Abuse

closing at 1.52

kewyy

76 posts

Posted by kewyy > 2017-02-06 18:40 | Report Abuse

The share price will be shot up in thia year!!

asdf

366 posts

Posted by asdf > 2017-02-07 07:35 | Report Abuse

This stock is moving.
Will soon touch 1.6

steveooikp

4,689 posts

Posted by steveooikp > 2017-02-23 11:22 | Report Abuse

moving your head....
this stock is impotent

Shrekk

267 posts

Posted by Shrekk > 2017-02-25 12:54 | Report Abuse

Buy on weakness

sengtan

188 posts

Posted by sengtan > 2017-02-25 13:41 | Report Abuse

long term hold...not for short term...

tkg8

269 posts

Posted by tkg8 > 2017-02-27 18:43 | Report Abuse

disappointed with last quarter performance...Will further plunge on tomorrow

IamGoogle

836 posts

Posted by IamGoogle > 2017-02-28 22:21 | Report Abuse

asdf This stock is moving.
Will soon touch 1.6
07/02/2017 07:35

kewyy The share price will be shot up in thia year!!
06/02/2017 18:40

Shrekk

267 posts

Posted by Shrekk > 2017-03-03 19:27 | Report Abuse

Buy on weakness

kenny5978

298 posts

Posted by kenny5978 > 2017-03-13 13:44 | Report Abuse

Too bad to see this counter keep moving down...
What actually wents wrong on thisnfounter????

Shrekk

267 posts

Posted by Shrekk > 2017-03-13 18:22 | Report Abuse

When a good fundamental stock is being overlooked and price tumbles at low there's rise the golden opportunity for shrewd people to accumulate at low. Or do you want to chase at high? Buy on stages.

Posted by SniperElite > 2017-03-15 15:29 | Report Abuse

Agree buy on weakness, Share buying philosophy, buy low, sell high. I see opportunity, just got 6 lots... at 1.33 so good but have to wait long term. The two Singapore ship building companies has collapsed giving this share more golden opportunities indeed.

asdf

366 posts

Posted by asdf > 2017-03-29 16:52 | Report Abuse

Bought some for long term.

evo

61 posts

Posted by evo > 2017-04-04 17:42 | Report Abuse

Bought some too.. good mid/ long term prospect

Kabali

331 posts

Posted by Kabali > 2017-04-09 22:20 | Report Abuse

Should move to 1.40 next week

lwyy60

477 posts

Posted by lwyy60 > 2017-04-14 08:05 | Report Abuse

should buy for long term, believe me & put in ur portfolio. Buy when it weakness. Usually fund will start cover for it when it is ready. Remember when fund as u to sell, it is time for u to collect.

bjaya

269 posts

Posted by bjaya > 2017-04-14 13:09 | Report Abuse

That perfectly makes sense . At current valuation the down side is extremely low.

bjaya

269 posts

Posted by bjaya > 2017-04-14 13:11 | Report Abuse

Among the manu O & G counters , this one still bucks the trend by still maintaining dividend pay out

Kabali

331 posts

Posted by Kabali > 2017-04-14 14:16 | Report Abuse

This counter a bit laggard vis a vis oil price movment

Shrekk

267 posts

Posted by Shrekk > 2017-04-17 11:42 | Report Abuse

Buy on weakness.

bjaya

269 posts

Posted by bjaya > 2017-04-18 08:29 | Report Abuse

How much lower can it go ?

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