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

Molly Ngui

409 posts

Posted by Molly Ngui > 2019-11-06 15:53 | Report Abuse

Heading to 1.20 hope to see 1.25 this week

Molly Ngui

409 posts

Posted by Molly Ngui > 2019-11-07 09:42 | Report Abuse

RHB call buy today TP 1.25/1.35 Cut loss 1.09

Molly Ngui

409 posts

Posted by Molly Ngui > 2019-11-07 10:13 | Report Abuse

Achieved 1.20 yesterday, toward 1.25..

Molly Ngui

409 posts

Posted by Molly Ngui > 2019-11-07 12:10 | Report Abuse

Bye bye to 1.20, see you at 1.25 today, another rise tomorrow

Molly Ngui

409 posts

Posted by Molly Ngui > 2019-11-07 20:36 | Report Abuse

Second wave is about to start, buckle up your seat belt, on the verge to 1.35 tomorrow, vroom vroom

Molly Ngui

409 posts

Posted by Molly Ngui > 2019-11-08 10:26 | Report Abuse

Someone want to buy cheap price, you wait, all the investor here are loaded, don't play contra..haha

davidkkw79

5,068 posts

Posted by davidkkw79 > 2019-11-08 15:35 | Report Abuse

May I know why the company directors keep on buying coastal share ?

Molly Ngui

409 posts

Posted by Molly Ngui > 2019-11-08 15:50 | Report Abuse

If you're a great chess player, you'll make money here..

Molly Ngui

409 posts

Posted by Molly Ngui > 2019-11-08 16:00 | Report Abuse

TGIF

Molly Ngui

409 posts

Posted by Molly Ngui > 2019-11-08 16:10 | Report Abuse

Sold all, Happy weekend everyone..

davidkkw79

5,068 posts

Posted by davidkkw79 > 2019-11-08 16:56 | Report Abuse

Wow... Molly Ngui u have sold all out !

Molly Ngui

409 posts

Posted by Molly Ngui > 2019-11-08 17:38 | Report Abuse

Weekend don't want to hold, no volume..

davidkkw79

5,068 posts

Posted by davidkkw79 > 2019-11-11 10:49 | Report Abuse

We should learn Molly Ngui, fast buy fast run, easily earn money from market

Molly Ngui

409 posts

Posted by Molly Ngui > 2019-11-11 12:45 | Report Abuse

Waiting for the right time to re enter again..

davidkkw79

5,068 posts

Posted by davidkkw79 > 2019-11-11 13:17 | Report Abuse

Buy low sell high

Molly Ngui

409 posts

Posted by Molly Ngui > 2019-11-11 14:19 | Report Abuse

yes indeed, this counter cannot play contra..

Molly Ngui

409 posts

Posted by Molly Ngui > 2019-11-11 14:42 | Report Abuse

Davidkkw79, patience is virtue:)

Molly Ngui

409 posts

Posted by Molly Ngui > 2019-11-11 17:15 | Report Abuse

Buying JTIASA & DSONIC today, churning there, fall asleep here today..

davidkkw79

5,068 posts

Posted by davidkkw79 > 2019-11-13 16:30 | Report Abuse

Time to buy back !

mylinuxbsd

139 posts

Posted by mylinuxbsd > 2019-11-14 00:48 | Report Abuse

if 1.24 resistance is broken, next target 1.30 can be easily achieved.

mylinuxbsd

139 posts

Posted by mylinuxbsd > 2019-11-14 01:03 | Report Abuse

Coastal Contracts may rebound higher after it continued holding above the MYR1.09 support. Given that the stock has formed a “Bullish Harami” pattern on 31 Oct, this indicates a potential rebound. A positive bias may emerge above the MYR1.17 level, with an exit set below the MYR1.09 threshold. Towards the upside, the immediate resistance is at the MYR1.25 mark. This is followed by the MYR1.34 level.

Source: RHB Securities Research - 7 Nov 2019

davidkkw79

5,068 posts

Posted by davidkkw79 > 2019-11-14 13:22 | Report Abuse

Time to buy in again !

davidkkw79

5,068 posts

Posted by davidkkw79 > 2019-11-16 10:59 | Report Abuse

Secured contract again !

coolio

620 posts

Posted by coolio > 2019-11-16 20:27 | Report Abuse

niceee

mylinuxbsd

139 posts

Posted by mylinuxbsd > 2019-11-18 16:29 | Report Abuse

1) Coastal Marine Pte Ltd and Coastal International Marine Inc have secured contracts for the sale of two units of low-end vessels,
2) Coastal Dynamic Pte Ltd and Coastal Marine Pte Ltd have also been awarded with charter contracts for two units of offshore support vessels.

All of the vessel charter contracts are for less than one year period.

Although the value of the contracts was not disclosed, it will contribute positively to COCO’s earnings in FY6/20. Not taking into account the potential value of the contracts above, the group has secured approximately MYR45m worth of contracts YTD.

Clearly, job flow has improved. Last year, COCO only announced one contract win – for two units of offshore support vessels. The group managed to return to profitability in FY6/19, after slipping into losses in FY6/18 due to a few kitchen sinking exercises (one-off items amounting up to MYR599m).

Moving forward, COCO’s earnings hinges on its chartering business, which contributed 100% to the group’s PBT in FY6/19. This segment is banking on a 12-year USD372m charter contract to the national oil company of Mexico, which has commenced operations in Aug 2016, providing the group with recurring profit. As for its shipbuilding segment, this segment was loss making in FY6/19, mainly on lower vessel sales during the year.

Kpin Yeoh

239 posts

Posted by Kpin Yeoh > 2019-11-24 17:15 | Report Abuse

all these sales and revenue might only reflect on next quarter not this coming quarter. I expect moderate result this Quarter but coming up with a spike on book order and profit. 1.50 can only reached by another Q.

mylinuxbsd

139 posts

Posted by mylinuxbsd > 2019-11-25 01:53 | Report Abuse

By end of next week, it will reach RM1.35

davidkkw79

5,068 posts

Posted by davidkkw79 > 2019-11-25 10:07 | Report Abuse

It is time for Molly Ngui to enter in again

mylinuxbsd

139 posts

Posted by mylinuxbsd > 2019-11-25 10:16 | Report Abuse

Coastal Contracts was testing the RM1.29 level during its intraday high. With an RSI level above 70%, it may move higher above this mark with a target price of RM1.36, followed by RM1.44. Meanwhile, it may drift sideways if it fails to cross the RM1.29 mark in the near term. In this case, support is anticipated at RM1.23, whereby traders may exit on a breach to avoid the risk of a further correction. 

Trading Call: Buy upon breakout above RM1.29 Target: RM1.36, RM1.44 (time frame: 3-6 weeks) Exit: RM1.23

Source: AmInvest Research - 25 Nov 2019

mylinuxbsd

139 posts

Posted by mylinuxbsd > 2019-11-25 10:30 | Report Abuse

someone is trying to gain profit and make some investors to panic sale so that he can buy cheap Coastal stock. Be careful and not to be manipulated

Davidl

1,816 posts

Posted by Davidl > 2019-11-25 13:43 | Report Abuse

All eyeing this coming QR but dun over expected too

Davidl

1,816 posts

Posted by Davidl > 2019-11-25 17:56 | Report Abuse

Great! Finally deliver a good quarter result, revenue almost double.

Posted by equitydiary > 2019-11-25 22:13 | Report Abuse

Strong cash flow

davidkkw79

5,068 posts

Posted by davidkkw79 > 2019-11-26 10:23 | Report Abuse

EPS this QC got 5 sen ?

Kpin Yeoh

239 posts

Posted by Kpin Yeoh > 2019-11-26 11:42 | Report Abuse

I sold 50% take some profit for year end expenses.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2019-11-26 12:09 | Report Abuse

Well done Kpin Yeoh, u r a smart investor

davidkkw79

5,068 posts

Posted by davidkkw79 > 2019-11-28 09:30 | Report Abuse

Let's sell high to company directors, then buy back low from market.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2019-12-16 10:39 | Report Abuse

Moon ! Moon !! Moon !!!

Kpin Yeoh

239 posts

Posted by Kpin Yeoh > 2019-12-16 15:48 | Report Abuse

up 5% today? Any news?

davidkkw79

5,068 posts

Posted by davidkkw79 > 2019-12-16 15:49 | Report Abuse

nothing, just let u sell high now and then later buy back at low

bsngpg

2,842 posts

Posted by bsngpg > 2019-12-16 17:16 | Report Abuse

A counter eats away 53% of my capital on paper. When will you return me the capital. Not need a single cent of interest. I am impatient to say goodbye.

Davidl

1,816 posts

Posted by Davidl > 2019-12-16 17:42 | Report Abuse

Seems uptrend towards breaking 1.50 very soon!

mylinuxbsd

139 posts

Posted by mylinuxbsd > 2019-12-16 18:01 | Report Abuse

something big is coming... just wait and see

lloydlim

3,971 posts

Posted by lloydlim > 2019-12-16 19:00 | Report Abuse

Management might gv us a surprise soon!

Kukuman

2,118 posts

Posted by Kukuman > 2019-12-16 20:24 | Report Abuse

This share will price at 3.00

mylinuxbsd

139 posts

Posted by mylinuxbsd > 2019-12-16 22:25 | Report Abuse

Chin Heng Ng wife is acquiring a lot shares since last week. There is obviously something going to happen soon. RM2.00 is not impossible.

Chairman/Co-Founder, Coastal Contracts BHD

Kukuman

2,118 posts

Posted by Kukuman > 2019-12-16 22:31 | Report Abuse

Why you care dude? Did you invested?

coolio

620 posts

Posted by coolio > 2019-12-16 22:36 | Report Abuse

TP RM3..hahaa

Kukuman

2,118 posts

Posted by Kukuman > 2019-12-16 22:39 | Report Abuse

No. I am just joking. It will be priced at 3.38

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