Posted by TakeProfits > 2017-11-11 11:55 | Report Abuse

Sumatec too late to get in??'Since TA is bullish!! Can.Buy Monday first thing morning ? Your thoughts ilovehits...If can up to 15c is very good already??

Posted by TakeProfits > 2017-11-11 11:58 | Report Abuse

Thanks gupiao, yes..reverse psychology..Ask you don't buy, but they buy. When ask you to buy, they selling. Got to be careful..

Posted by TakeProfits > 2017-11-11 11:58 | Report Abuse

Thanks gupiao, yes..reverse psychology..Ask you don't buy, but they buy. When ask you to buy, they selling. Got to be careful..

Posted by JN88 > 2017-11-11 13:28 | Report Abuse

FA, TA:?????LOLOLOL YOU GOT DA-DREAM ANALYSIS.

Posted by Cikam > 2017-11-11 14:51 | Report Abuse

Gila la u all..ini company strong no need EPF to invest..the true price will go up as oil price up..

Posted by TakeProfits > 2017-11-11 15:21 | Report Abuse

Haha...Thanks everyone. All in one's opinion.

Posted by Investor 9999 > 2017-11-12 08:07 | Report Abuse

Coastal would hinge on coming Q1 FY18 result. I was expecting Q4 FY17 to turn around given Q3 FY17 reported EPS of 5 Sen. After Q3, I was given guidance by my source that COASTAL has turnaround.

Unfortunately in Q4 17, there was impairment of RM26.1 mil resulting in lower EPS. If not for the impairment EPS would have been 6 Sen. Thus operating profit would hav maintaine 2 good Qtr without impairment exp.

Thus I am betting on the Q1 FY 17 to be good. A Homily Chart Staff just said Coastal is a Dark Horse Born.

I am betting on coming Qtr result to be good confirming the turnaround. I could be wrong but for good return I am betting on this.

Someone ask for my analysis, just give me ur No. for contact thru telegram

Posted by ilovehits > 2017-11-12 14:37 | Report Abuse

Write-off inventories $26.1 mil. Sound good. Haha..

Posted by kewyy > 2017-11-12 15:00 | Report Abuse

Investor 9999, 0127237892

Posted by maoyap > 2017-11-13 00:47 | Report Abuse

come SAPURA ENERGY!

Posted by gupiao > 2017-11-13 13:29 | Report Abuse

i like to see coastal price take over sapura :D

Posted by leoting > 2017-11-13 13:45 | Report Abuse

https://www.facebook.com/photo.php?fbid=245398422656973&set=gm.532738980418458&type=3&theater&ifg=1

Posted by slee > 2017-11-13 14:23 | Report Abuse

thanks leoting for the sharing. today Uzma also up alot....

Posted by ilovehits > 2017-11-13 17:25 | Report Abuse

Good closing. But still missed 1 cent if want to overtake that cap kura energy. Haha..

Posted by ilovehits > 2017-11-13 17:28 | Report Abuse

Anyway, I'm aiming other two O&G counters, Carimin and that cap kura. Haha..

Posted by Cikam > 2017-11-13 19:05 | Report Abuse

I sudah kataaaaaa..mesti naik punya..thank you coastal..bye bye..carimin next!

Posted by sook > 2017-11-14 08:19 | Report Abuse

Thx ilovehits, got some Coastal earlier.

Posted by Yupe > 2017-11-14 12:13 | Report Abuse

Hopefully coastal can go up to 1.50

Posted by PeterNg > 2017-11-14 13:08 | Report Abuse

1.50 is resistance.
Break it then go north.

Posted by Orange88 > 2017-11-14 13:38 | Report Abuse

OH NO UNCLE KOON SAY AVOID LIKE THE PLAGUE ! NOW I AM STUCK AT HIGH PRICE..


Why You Should Not Buy Coastal Contract? Koon Yew Yin
Author: Koon Yew Yin | Publish date: Thu, 9 Nov 2017, 09:12 AM

The company manufactures Coastal vessels for sale and rental. A few years ago, when the petroleum price was above USD 100 a barrel, its business was booming because many oil companies and sub-contractors wanted to buy or rent more vessels. In a situation like this, many more people wanted to explore new oil fields hoping to make more money.

But currently when the oil price is less than USD 50 per barrel and its business is badly affected. In fact, many sub-contractors or service providers are forced to sell off their vessels.

You Must Know The Company’s Business:

To be a successful investor, you must not only look at the price chart and financial statements to buy or sell blindly. That is why pure chartists cannot make much money. It is very important to know the company’s business. Sometimes its current financial statements may not look so attractive, its business might have a fantastic future.

A very good example is JAKS whose current quarterly profit is not so good. But it will eventually have 40% of the profit every year for 25 years from selling electricity to the Vietnamese Government. Moreover, JAKS does not need to borrow money to finance the construction of the RM 7.76 billion 1,200 MW coal fired power plant.

Why I am Writing This Article?

My purpose of writing this piece is because someone wanted me to explain why she should not buy Coastal Contract.

Among all the criteria for choosing shares, profit growth prospect is the most important and it is the most powerful catalyst to move share price. Never buy any share if the company has no good profit growth prospect.


The above table shows that its profit and revenue are less than last year. The revenue is about 30% of previous year. That means the business is very bad and the future can be worse.

I also wish to point out the following:

1 You should not be tempted to buy when you see that the share price is selling less than 50% of its NTA.

2 You should not be tempted to buy because it is so cheap after it has been falling in the last 3 years, as shown on the above chart.

3 Always be careful when someone recommends you to buy any share. You must examine his track record and his intention.

4 I used to be a substantial shareholder a few years ago. I have visited its shipyard in Sandakan, Sabah and I know all about the company. The company always has a few readymade vessels for sale or rent. During oil boom, many owners of oil fields and sub-contractors would just pay without hesitation.

Posted by TakeProfits > 2017-11-14 14:34 | Report Abuse

Wah people taking profits wor...ayoh yoh. Help ilovehits. But anyway stocks don't do up in straight line. Hang on arh, but branch gonna break loh. What's your advice ilovehits?

Posted by ilovehits > 2017-11-14 16:53 | Report Abuse

Just let it up and down by itself. I prefer long term play.

Posted by Investor 9999 > 2017-11-14 17:24 | Report Abuse

Only Q1 announcement at month end would tell.

In today adverse market sentiment, Coastal still manged to stay up. Looking at this, I personally believe, market could have leakage of coming result which probably would be positive, otherwise closing price still green is unlikely or very strong operator still wanting it up

Posted by Bullhunter > 2017-11-14 17:53 | Report Abuse

tomorrow profit taking..

Posted by Sapphire > 2017-11-14 23:12 | Report Abuse

tomolo i top up 10 lot again..

Posted by Sapphire > 2017-11-14 23:12 | Report Abuse

hehe

Posted by curious2 > 2017-11-15 05:31 | Report Abuse

What O&G contract Coastal win lately? Why can jump?

Posted by Yupe > 2017-11-15 10:29 | Report Abuse

I think it is because soon they may have agm soon

Posted by TakeProfits > 2017-11-15 11:22 | Report Abuse

Yes agree with you ilovehits. Play long term. If short term fly up is a bonus. Thanks ilovehits. No blame on anyone. I take the risks when entering a stock. Good of you to share.

Posted by curious2 > 2017-11-16 04:15 | Report Abuse

Why having AGM must jump don't make sense? More and more MCM awarded but Coastal not among winner. Yesterday was Senergy and earlier a day was Penergy.

Yupe I think it is because soon they may have agm soon
15/11/2017 10:29

Posted by curious2 > 2017-11-16 04:17 | Report Abuse

2 sen dividend only worth 60 sen why pay 1.4? Idiot you all?

Posted by Yupe > 2017-11-16 11:16 | Report Abuse

Dunno how true it is actually
*Technical Analyzer*
Date/日期 : 14/11/2017

*COASTAL (5071)*
Price/现价           : 1.45
Target price/目标价: 1.63/1.73
Cut loss/止损价    : 1.8/30
**Syariah
Sector/领域: INDUSTRIAL PRODUCT

Source : RHB RESEARCH

Posted by Orange88 > 2017-11-16 12:56 | Report Abuse

Make curious 2 the chairman of this blog, calm n sensible comments applause, applause

Posted by Investor 9999 > 2017-11-18 13:49 | Report Abuse

Coastal result should be out on 20th or 21st Nov. Good luck to all of us in Coastal. If co can deliver a net profit of RM20 mil giving an EPS of 5 Sen for Q1, then we are hitting jacpot.

Seeing the price holding on 16 Nov in adverse market condition and up marginally on 17 Nov on T3/T4 after high vol and price up, is a good sign.

We will know by 21 Nov evening.

Posted by Alson168 > 2017-11-21 15:25 | Report Abuse

will coastal result out today?

Posted by TakeProfits > 2017-11-22 15:01 | Report Abuse

Hello ilovehits, qtr results out yet??

Posted by jibbie > 2017-11-22 17:06 | Report Abuse

feels like there's good news!

Posted by pakatan_harapan2 > 2017-11-22 17:28 | Report Abuse

EPS 0.62 sen very good QR? Hidup Pakatan. BN must die ini kali.

Posted by pakatan_harapan2 > 2017-11-22 17:33 | Report Abuse

Director buy not sure QR is good but more bec people goreng his counter.

Posted by manahin > 2017-11-22 17:46 | Report Abuse

Aaaarrgh!!!

Posted by Simple man > 2017-11-22 18:28 | Report Abuse

no surprise on the QR.. >.< price not moving

Posted by pakatan_harapan2 > 2017-11-23 03:26 | Report Abuse

Up 5 sen(1.45 is cheapest among O&G ctrs?) say not moving how logic you said so?

Simple man no surprise on the QR.. >.< price not moving
22/11/2017 18:28

Posted by pakatan_harapan2 > 2017-11-23 03:29 | Report Abuse

Who work for Kenanga to fry Coastal?

Posted by pakatan_harapan2 > 2017-11-23 03:30 | Report Abuse

No wonder Kenanga shareholders suffer with poor QR. Fry wrong counters.

Posted by pakatan_harapan2 > 2017-11-23 03:36 | Report Abuse

I read some comments winning contracts is a curse among O&G ctrs. No win like Coastal mean better? Rafizi you are right.

Posted by notebook > 2017-11-23 04:00 | Report Abuse

overvalue

Posted by Simple man > 2017-11-23 09:08 | Report Abuse

drop.. hot selling maybe

Posted by TakeProfits > 2017-11-23 16:46 | Report Abuse

Aiyah, price sure go down again. These few months price will drift down again. No point keeping this stock for now..Not a very good qtr. Some one who recommended this stock possibly sold out already..All in the game..hmmm

Posted by pakatan_harapan2 > 2017-11-23 23:42 | Report Abuse

Kenanga irresponsible IB to give higher TP after weaker QR. Ini kali mesti ubah.
https://klse.i3investor.com/servlets/ptres/42977.jsp

Posted by TakeProfits > 2017-11-27 13:27 | Report Abuse

Bursa ruled by retail players at moment. Buy carefully and research well. For now looks like a koyak bourse. Take care of your funds.