Posted by gomyinv > 2022-01-05 09:46 | Report Abuse

in the old glorious day, the highest price it hit $5. So keep this stock for long term for 6 months to 1 year, you will see how high the price will move up

Posted by gomyinv > 2022-01-05 09:48 | Report Abuse

I like this counter because EPF is not involved, so EPF cannot manipulate the price movement.

Posted by troy88 > 2022-01-05 09:58 | Report Abuse

congrats to those who still believe in this stock. What a comeback after the big plunge.

Posted by kewking > 2022-01-05 10:06 | Report Abuse

what is the target price? Rm 5?

Posted by gomyinv > 2022-01-05 10:12 | Report Abuse

this is the stock to keep in your buy list. Now is only at jan 2022, and the move is strong uptrend, so just dyod.

Posted by TonsilBasher > 2022-01-05 10:29 | Report Abuse

Holy shittttt. this counter blown out. Tp 4.2

Posted by Davidl > 2022-01-05 11:00 | Report Abuse

At least 2.50! Hold tight tight guys!

Posted by kewking > 2022-01-05 11:10 | Report Abuse

Cheer huat ah! It will be fruitful year!

Posted by gomyinv > 2022-01-05 14:54 | Report Abuse

wow, super stock in 2022. strong surge strong volume

Posted by powerup89 > 2022-01-05 14:57 | Report Abuse

Huat chai ahh

Posted by Dangel > 2022-01-05 14:57 | Report Abuse

Turn around stock in the making! Well done Coastal!

Posted by gomyinv > 2022-01-05 15:04 | Report Abuse

must hold tight tight.

Posted by kewking > 2022-01-05 15:07 | Report Abuse

At least rm3 in this year!

Posted by Davidl > 2022-01-05 17:37 | Report Abuse

Looking forward to break 2.00 tmr.

Posted by Kukubai > 2022-01-05 17:50 | Report Abuse

4.5 billion ringgit contact will push this stock to above 3.00 soon.

Posted by ipohwhitecoffee > 2022-01-05 18:26 | Report Abuse

Just trust the process to create massive wealth. Hold your tickets.

Posted by James Ng > 2022-01-05 20:56 | Report Abuse

https://klse.i3investor.com/blogs/general/2022-01-05-story-h1596581181.jsp
[转贴] [Video:浅谈COASTAL CONTRACTS BHD, COASTAL, 5071] - James的股票投资James Share Investing

Posted by lloydlim > 2022-01-06 09:15 | Report Abuse

Shall it breaks 2.00 today?

Posted by gomyinv > 2022-01-06 09:16 | Report Abuse

NA, I see no

Posted by gomyinv > 2022-01-06 09:17 | Report Abuse

guess may rest soon, my opinion only

Posted by Davidl > 2022-01-06 16:42 | Report Abuse

Selling pressure has been well absorbed, time to challenge new high!

Posted by Joo1818 > 2022-01-07 10:14 | Report Abuse

My last comment was in May 25th & counter only started to move recently….. way to go as my the highest price I bought was RM3.00 plus & average downward to 94 sen

Posted by kewking > 2022-01-07 10:24 | Report Abuse

what is your TP price？any opinion regarding the prospect of this company?

Posted by Alasako > 2022-01-07 10:39 | Report Abuse

Bought at 1 rm … still holding

Posted by Joo1818 > 2022-01-07 10:41 | Report Abuse

This counter went up to RM5.06 in 2014 & bought it at RM3.00 plus thinking it was a value buy. I will be very happy if this counter goes back to RM3.80. Hopefully this coming quarter result will push it pass RM2.00 & thereafter back to the highest price I paid.

Posted by Davidl > 2022-01-11 10:34 | Report Abuse

Time to accumulate!

Posted by kewking > 2022-01-11 11:05 | Report Abuse

true！good chance！

Posted by Weida2000 > 2022-01-13 09:53 | Report Abuse

Target Price
RM2.36

Still In the Middle of Growth Path

Reiterate Buy call on the company with TP lifted to RM2.36 from RM1.76 after lifting FY22-24F earnings by factoring in EPCC profits (in FY22 particularly) coupled with higher margins assumed for Papan plant project while pegged to 12x P/E. We understand more about Papan plant project and obtained a clearer picture from EPCC profits potential (on separate related infrastructure works to be done for Pemex) and O&M for the plant. Beyond this, we believe there is more potential for more growth as Pemex is looking to build another gas conditioning plant (Ixachi plant). Armored with net cash war chest, we believe it possess more room for 2 more projects in the medium term.

Papan project contribution larger than earlier expected
Following the call with management, we have gathered that the total profit contribution from recently secured Papan project (RM4.5bn including EPC for related infrastructure which would not be owned by the company) is larger than we have earlier assumed. During the construction period of the plant, the group would recognise EPCC profit in 2HFY22 as the work is additional job to be executed for Pemex on top of the Papan plant. Upon completion, we reckon the asset would contribution RM120-200m of EBITDA per annum depending on actual gas production and the group’s downside is protected by minimum take or pay clause.
Ixachi field by Pemex presents huge opportunities to be tapped into
Coastal Contracts already has gas sweetener plant and Papan plant in hand servicing the Izaxhi field in Mexico owned by Pemex. Management has mentioned that Pemex will invest US$6.4bn to develop the field and expects peak production of 144,000 bbls/day condensates and 1100mmcfd gas during the period of 2023--2026. Three major plants would be required by Pemex namely, Papan plant, Perdiz plant (gas sweetener plant) as well as Ixachi plant (gas conditioning). Ixachi plant project has yet to be awarded by we believe Coastal Contracts is in a good spot given that Pemex has entrusted them with 2 major plants.
Open to more offshore opportunities, balance sheet headroom still sufficient
Aside from the Mexican market, the group is also looking at several offshore project contracts (MOPU, mid-sized FPSOs) and might consider roping in a JV partner if project size is huge. With net cash balance sheet, we believe Coastal Contracts might still be able to take on two more projects without equity fund raising given offshore project is small-to-mid sized combined with Ixachi plant of which initial equity commitment might be favourable.

Maintain Buy
We have revised our FY22-23F earnings 42-22% as we factored in EPCC profit for Papan related infrastructure in FY22 followed by higher EBITDA margin assumed for Papan O&M starting FY23. As a result, our TP is lifted to RM2.36 from RM1.76) pegged to unchanged 12x CY22 P/E. We decided to price the stock above mean P/E as we intend to partially priced in its future prospect’s potential in offshore and Pemex related contracts. Reiterate Buy.

Source : KAF Equities Sdn Bhd

Posted by lloydlim > 2022-01-13 12:26 | Report Abuse

Beware of price correction guys.

Posted by gomyinv > 2022-01-14 10:16 | Report Abuse

keep hitting new low. not good

Posted by kewking > 2022-01-14 11:04 | Report Abuse

Rebound ady!

Posted by onion78 > 2022-01-14 23:15 | Report Abuse

bearish 1.35.

Posted by kewking > 2022-01-19 23:11 | Report Abuse

https://www.klsescreener.com/v2/news/view/939839

Posted by nagasaran93 > 2022-01-20 10:05 | Report Abuse

pang72 u here from atech xD

Posted by nagasaran93 > 2022-01-20 14:40 | Report Abuse

Bro pang72, now the price won’t go further until the qr boom a bit. Tak ade cerita sini.

Posted by Icon 888 > 2022-01-25 00:44 | Report Abuse

Black horse

Posted by kewking > 2022-01-26 10:01 | Report Abuse

woooooo！

Posted by Icon 888 > 2022-01-26 17:53 | Report Abuse

Running kuat lo- black horse

Posted by Icon 888 > 2022-01-31 09:57 | Report Abuse

Oil 90

Posted by Icon 888 > 2022-02-02 22:51 | Report Abuse

Show time

Posted by Icon 888 > 2022-02-04 03:30 | Report Abuse

Oil 90 la

Posted by Weechichi > 2022-02-08 15:31 | Report Abuse

Coming QR could be splendid as market is moving ahead with the recent confirmed earnings for the coming years. Black horse.

Posted by lloydlim > 2022-02-08 16:02 | Report Abuse

This gem starting to shine!

Posted by Davidl > 2022-02-08 23:31 | Report Abuse

Uptrend momentum getting stronger & stronger, last call to get it at price below 2!

Posted by lloydlim > 2022-02-10 11:47 | Report Abuse

Once 2.00 blockage has been cleared, sky is the limit.

Posted by Davidl > 2022-02-10 12:23 | Report Abuse

Uptrend towards 2.80! Hold tight tight guys.

Posted by kewking > 2022-02-10 12:36 | Report Abuse

Why rm 2.8, how to calculate

Posted by Davidl > 2022-02-10 14:58 | Report Abuse

Hv a look at RHB research report & u shall know y TP2.80

Posted by TonsilBasher > 2022-02-11 22:20 | Report Abuse

this will be the new black oil

Posted by Icon 888 > 2022-02-12 03:40 | Report Abuse

Oil 94