Posted by ipohwhitecoffee > 2022-05-26 17:11 | Report Abuse

Superb QR

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-05-26 21:13 | Report Abuse

The Group achieved a RM62.4 million of profit before tax in 3Q2022, which was >100% increase compared to the RM22.8
million and RM27.7 million reported in 2Q2022 and 3Q2021 respectively. The better showing this quarter was in line with the
increase in revenue contributed by Gas Processing Division.

Posted by snowball2000 > 2022-05-26 22:24 | Report Abuse

This QR is truly yummy...

Posted by ipohwhitecoffee > 2022-05-27 09:05 | Report Abuse

Samarang UCITS Asian Prosperity trully FA-focused Asian Fund. I trust them both Coastal and Harbour

Posted by wallstreetrookie > 2022-05-27 09:11 | Report Abuse

Coastal and Harbour stock of the year!

Posted by wallstreetrookie > 2022-05-27 09:12 | Report Abuse

Buy both. Samarang fund bought Latitude during 2016 and 2017 all of which done very well

Posted by wallstreetrookie > 2022-05-27 09:25 | Report Abuse

Coastal to hit RM1 billion valuation

Posted by ipohwhitecoffee > 2022-05-27 09:25 | Report Abuse

You're right WSR. But not advisable to chase. Wait retailers profit taking till 1.70 level only reload more.

Posted by wallstreetrookie > 2022-05-27 09:25 | Report Abuse

1.5 million traded. Don’t worry just hold tight

Posted by wallstreetrookie > 2022-05-27 09:27 | Report Abuse

Don’t sell

Posted by TonsilBasher > 2022-05-27 09:44 | Report Abuse

one of the best company now

Posted by snowball2000 > 2022-05-27 10:36 | Report Abuse

Given the positive development, the uptrend may still have legs..

Posted by wallstreetrookie > 2022-05-27 15:41 | Report Abuse

Coastal Contract target price is RM6.00

Posted by wallstreetrookie > 2022-05-27 15:41 | Report Abuse

RM6 buy fast

Posted by wallstreetrookie > 2022-05-27 15:42 | Report Abuse

Raise your hands if you want it to be RM6.00

Posted by wallstreetrookie > 2022-05-27 15:44 | Report Abuse

Coastal Contact : Stocks to Watch in second half of 2022

Posted by wallstreetrookie > 2022-05-27 15:45 | Report Abuse

Do not sell. Next quarter will be even better

Posted by wallstreetrookie > 2022-05-27 16:00 | Report Abuse

If you take profits today, you will regret your decision. Short term movement does not imply long term trend.

Posted by wallstreetrookie > 2022-05-27 16:00 | Report Abuse

This is the first time I’ve bought stocks with margin for months

Posted by wallstreetrookie > 2022-05-27 16:01 | Report Abuse

100% quality stock

Posted by wallstreetrookie > 2022-05-27 16:01 | Report Abuse

Finally we have a good stock. The market has been bad for months.

Posted by wallstreetrookie > 2022-05-29 21:35 | Report Abuse

Coastal Contract Berhad: Stocks to Watch in Q3 2022

Posted by wallstreetrookie > 2022-05-29 21:39 | Report Abuse

"The contract for the EMC Papan Plant with a capacity of 300 million standard cubic feet per day (mmscfd) at Ixachi field, Tierra Blanca, Veracruz, Mexico, is for 3,902 days, including the construction period of 250 days and the operations and maintenance period of 10 years for RM4.5 billion."

Posted by wallstreetrookie > 2022-05-29 21:49 | Report Abuse

Malaysia's biggest bull market will happen after elections in 2023. The biggest bull market that you cannot even believe will happen in second half of 2023. When BN wins huge, and with palm oil and crude oil windfall profits, Malaysia will be one of the richest nations alongside commodity-rich nations (Indonesia). Investors will shower these two countries with so much money that the excess liquidity will pump into equity markets, driving fund performance to all time highs.

But, this is with the condition, that there will be no corruption. Which is never going to happen in Malaysia.

Posted by wallstreetrookie > 2022-05-30 12:36 | Report Abuse

Book value increasing, shareholders of Coastal Contracts will be very happy for 2022

Posted by bullmarket1628 > 2022-05-31 08:08 |

Post removed.Why?

Posted by ipohwhitecoffee > 2022-05-31 09:53 | Report Abuse

Coastal price still well-supported in poor market sentiment hence hold your horses no point selling cheap if we all hold breaking 2.00 is almost imminent

Posted by Joo1818 > 2022-05-31 19:07 | Report Abuse

Looks like the recent released qtrly report did not include the sales of one offshore support vessel and two other vessels for an aggregate value of RM109.7 million as revenue from ship building & repair only amount to RM291,000 that means would be recognised in the final quarter of 2022. The final quarter reporting should improve further. Going to break RM2.00 resistance soon.

Posted by wallstreetrookie > 2022-06-01 08:39 | Report Abuse

pang72 Hope you shorted Hengyuan and put your profits here!

Posted by wallstreetrookie > 2022-06-01 08:40 | Report Abuse

This is a very well managed company

Posted by Macrullen > 2022-06-01 11:07 | Report Abuse

Actually this company last qr huge gain is from gas division right? Oil high price got affected their qr?

Posted by brian3381 > 2022-06-02 17:06 | Report Abuse

bought some 1.88. tomorow continue sapu

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-06-02 17:14 | Report Abuse

This company can expect to benefit from the rising oil prices.

It is also financially strong. Cash rich. Little debt. Can expect its free cash flow to be increasing and strong in the medium term.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-06-02 17:23 | Report Abuse

Publish date: Fri, 13 May 2022, 8:42 AM

Coastal Contracts is expected to have bumper earnings in FY22E-FY23F. We project FY22 earnings to surge by nearly 3-fold, and FY23 to expand by 4% YoY. This is mainly underpinned by new back-to-back contracts for two onshore gas plants at Mexico. In particular, the Papan gas plant contract (EPC and O&M) is valued at a staggering RM4.5bn, and will be recognized over 2022-32. The icing on the cake for FY22 earnings is full-year contribution from a new liftboat. Although FY24 profits will normalize post completion of Papan’s EPC works, the Group’s enlarged profit base is more than double of FY21 earnings. Evidently, Coastal has awakened from its siesta, with new long-term revenues from gas projects at the prolific Ixachi onshore field. Moreover, future earnings expansion is a material possibility. This is because Ixachi’s gas production is expected to ramp up rapidly to reach a peak of 1,100 mmscfd in 2026. As such, the Mexican national oil company, Pemex, requires 3 new gas plants to process Ixachi’s output over the ensuing 25 years. We believe that Coastal is a front runner for these projects, given its proven track record and robust balance sheet. We initiate coverage with a BUY recommendation and target price (TP) of RM2.06 based on Sum-of-Parts valuation.

https://klse1.i3investor.com/blogs/taresearch/2022-05-13-story-h1623189436-Coastal_Contracts_Bhd_Fiesta_is_Just_Getting_Started.jsp

Posted by Icon 888 > 2022-06-02 23:03 | Report Abuse

Wow

Posted by Michael Kwok > 2022-06-03 02:28 | Report Abuse

i put at least rm 2.50 but support rm 1.70 must hold end of every day.The delay of earning of not fully yet .

Posted by brian3381 > 2022-06-03 12:02 | Report Abuse

sold coastal 1.90. TQVM for the contra gain

Posted by brian3381 > 2022-06-03 19:43 |

Post removed.Why?

Posted by wallstreetrookie > 2022-06-04 14:16 | Report Abuse

Sell Hengyuan shares and buy Coastal

Posted by wallstreetrookie > 2022-06-04 14:16 | Report Abuse

Crude oil 120$
Hengyuan will be dead

Posted by wallstreetrookie > 2022-06-04 14:19 | Report Abuse

Coastal Contract: Bloomberg Code (COCO MK) High growth stock with crude oil 120$ thematic play. Bullish af

Posted by wallstreetrookie > 2022-06-04 14:27 | Report Abuse

The only O&G company you should buy are Hibiscus Petroleum and Coastal Contract (COCO on Bloomberg terminal, good name). Sell Hengyuan, Deleum, Uzma, all the garbage oil companies). Only Hibiscus and Coastal Contract. Winner of 2022

Posted by wallstreetrookie > 2022-06-06 09:12 | Report Abuse

Crude oil 121$ per barrel.

Posted by wallstreetrookie > 2022-06-06 09:14 | Report Abuse

Buy Hibiscus and Coastal Contract only. Sell all other O&G stocks

Posted by wallstreetrookie > 2022-06-06 09:21 | Report Abuse

50% long term upside

Posted by wallstreetrookie > 2022-06-06 09:22 | Report Abuse

1st Target Price: RM2.20
2nd Target Price: RM4.50

Posted by wallstreetrookie > 2022-06-06 20:54 | Report Abuse

If Coastal doesn't go up fast next week, dump it quick

Posted by wallstreetrookie > 2022-06-06 20:55 | Report Abuse

Don't let institutions distribute. Remove your buy queue

Posted by wallstreetrookie > 2022-06-06 20:58 | Report Abuse

30 June 2022, re-enter Hengyuan 100% win

Posted by wallstreetrookie > 2022-06-06 20:58 | Report Abuse

Crude oil set to drop by 30 June 2022. Catch the final pump of Hibiscus then put your profits into Hengyuan by the end of 2nd quarter 2022.