Posted by wallstreetrookie > 2022-06-16 22:35 | Report Abuse

Don't worry. There are PDT short selling Hengyuan. Coastal no PDT short-sale. Coastal is dropping because the Bursa Energy Index is dropping. Don't sell just because other energy stocks are dropping.

Posted by wallstreetrookie > 2022-06-16 22:36 | Report Abuse

Selling Coastal because Hengyuan is dropping is the same as selling Apex Healthcare and IHH Healthcare just because TopGlove and Supermax are dropping.

Posted by wallstreetrookie > 2022-06-16 22:36 | Report Abuse

RM1.70 then collect on weakness. People should not give up on this stock

Posted by wallstreetrookie > 2022-06-17 14:35 | Report Abuse

Today, Hengyuan PDT short-sellers taking some profits haha

Posted by subwayzzz > 2022-06-17 15:25 | Report Abuse

will HY go under 4?

Posted by wallstreetrookie > 2022-06-17 15:37 | Report Abuse

Nope, PDT/short seller taking profits, will go up

Posted by wallstreetrookie > 2022-06-17 15:37 | Report Abuse

If you wanna be safe, just wait until 30 June haha

Posted by subwayzzz > 2022-06-17 16:05 | Report Abuse

alrighty

Posted by MrsLee > 2022-06-18 13:24 | Report Abuse

recommended BUT by TA and TP is RM2.59

Posted by wallstreetrookie > 2022-06-18 20:11 | Report Abuse

I love TA Securities

Posted by wallstreetrookie > 2022-06-18 20:11 | Report Abuse

They helped me make a lot of money from Unisem. TA Securities have some good analysts, but some of them left at the peak of bull market

Posted by wallstreetrookie > 2022-06-18 20:11 | Report Abuse

Hopefully they are right with Coastal

Posted by wallstreetrookie > 2022-06-20 09:48 | Report Abuse

@subwayzzz just don't touch Hengyuan if you are not good with technicals. Be patient bro

Posted by wallstreetrookie > 2022-06-20 09:53 | Report Abuse

Only trade Hengyuan. Don't touch Hengyuan until 30 June

Posted by subwayzzz > 2022-06-20 16:40 | Report Abuse

yea

Posted by wallstreetrookie > 2022-06-21 19:24 | Report Abuse

I am still not bullish on Hengyuan. A lot of shares left to distribute. Hengyuan is still a short-selling target. Very bearish

Posted by treasurehunt > 2022-06-22 17:49 | Report Abuse

Another locking profit counter after the good price rally. Crude oil is another pump and dump by the big boys.

Posted by wallstreetrookie > 2022-06-22 19:52 | Report Abuse

@treasurehunt
Ahem, every stock is dropping. Coastal drop 20% is considered not bad already

Posted by wallstreetrookie > 2022-06-22 19:52 | Report Abuse

Berjaya Food also dropping. Texchem, Bonia, plantation dropping. It is really unfair to blame it on pump and dump. I thought you are an experienced investor. You should know about the macroeconomic factor driving this market-wide selloff

Posted by wallstreetrookie > 2022-06-22 19:53 | Report Abuse

Literally every blue chip stock on KLCI is red. Even Sime Darby Plantation YTD return is 10% only. Why blame

Posted by wallstreetrookie > 2022-06-22 19:53 | Report Abuse

You know what. Even local institutional investors and Malaysian local PDT are losing money. This time it's not just retail investors who lose money. This is the difference

Posted by treasurehunt > 2022-06-22 19:56 | Report Abuse

Look at what had happened to CPO prices movement lar. Not pump and dump ke?

Posted by treasurehunt > 2022-06-22 20:15 | Report Abuse

What's the difference between prices 'high volitility' and 'pump and dump'? Lolz

Posted by MrsLee > 2022-06-22 22:03 | Report Abuse

Coastal Contracts Bhd's management sees earnings growth trajectory to rebound with the commencement of the Perdiz and Papan gas plants in Mexico, said Affin Hwang Capital. The firm said the gas processing business currently made up all of Coastal Contracts' profit. (NST)

Posted by gemfinder > 2022-06-22 22:08 | Report Abuse

All kena gao gao...

Posted by wallstreetrookie > 2022-06-23 08:24 | Report Abuse

Seems like everyone is not happy in this type of market environment. Can't really blame anyone because even fund managers are losing money.

Posted by wallstreetrookie > 2022-06-23 08:24 | Report Abuse

You know how many proprietary day traders got fired last month? A lot of them quit according to my friends in Kenanga and Affin Hwang

Posted by subwayzzz > 2022-06-23 09:03 | Report Abuse

H2 this year is going to be very very volatile. two superpowers are unstable politically

Posted by subwayzzz > 2022-06-23 09:04 | Report Abuse

5071 testing may lows

Posted by treasurehunt > 2022-06-23 09:07 | Report Abuse

Market no good is already foreseen few months ago. How can market be good while FED hiking interest rates and shrinking balance sheet. It’s very simple logic ma.

Posted by treasurehunt > 2022-06-23 17:09 | Report Abuse

Crude oil price is better fall by itself to the reasonable level at faster pace. If it doesn't happen, Fed would axe the market with another 0.75% interest rate in July.

Posted by VTrade > 2022-06-27 00:34 | Report Abuse

Should be only energy sector
able to survive or much safer
With russia saction?

Posted by VTrade > 2022-06-27 08:00 | Report Abuse

If oil no jalan
Maybe bidan is well control in pressing minyak.

Ada Gold pun tak guna

Posted by VTrade > 2022-06-27 14:22 | Report Abuse

Seem cantik as planned

Posted by Joo1818 > 2022-06-28 15:24 | Report Abuse

Awarded contract period for the new charter contract for a firm period of five (5) years commencing June 2022 and the contract extension is for a firm period of two (2) years commencing September 2022 with two (2) annual extension options. The total contract value of both contracts is approximately RM252 million. This coupled with recent directors acquisition showed their confidence in the company. This compared favourably against AWC’s where the directors had not been on acquisition trail since mid 2021 though reported favourable profit & net cash position.

Posted by gemfinder > 2022-06-30 21:29 |

Post removed.Why?

Posted by wallstreetrookie > 2022-06-30 21:46 | Report Abuse

Nope

Posted by doublesunday > 2022-07-01 01:34 | Report Abuse

Is Coastal the only oil and gas asset play company with a net cash position?

Posted by gemfinder > 2022-07-01 08:37 |

Post removed.Why?

Posted by MrsLee > 2022-07-01 16:18 | Report Abuse

seeing RM1.60 now..

Posted by gemfinder > 2022-07-01 19:44 |

Post removed.Why?

Posted by gemfinder > 2022-07-03 16:04 | Report Abuse

Buy when 30sen

Posted by MrsLee > 2022-07-04 13:04 | Report Abuse

Shit!!!

Posted by brian3381 > 2022-07-04 17:00 |

Post removed.Why?

Posted by wallstreetrookie > 2022-07-05 15:59 | Report Abuse

Coastal gang

Posted by wallstreetrookie > 2022-07-05 15:59 | Report Abuse

gemfinder buying quietly. This useless piece of sht

Posted by wallstreetrookie > 2022-07-05 16:25 | Report Abuse

MrsLee cut loss already?

Posted by wallstreetrookie > 2022-07-08 09:03 | Report Abuse

Oil won't crash, will hit 90$ per barrel then rebound to 150$. You think oil demand will go down? Russia will fully invade Ukraine by year end

Posted by wallstreetrookie > 2022-07-08 09:04 | Report Abuse

Still bullish

Posted by wallstreetrookie > 2022-07-11 12:09 | Report Abuse

Commodity supercycle lasts for almost 10 years during 1960s. Anyone who believe that crude oil will hit 65$ is crazy.
Economic cycle usually goes like this:
Commodity prices going up rapidly >> Inflation >> Commodity price cooling down a little bit >> Recession occurs >> Commodity price recovery >> Another round of inflation

Right now, we are at stage 3. Recession is the next step. Recession usually lasts for 5 - 6 financial quarters. Commodity supercycle can take up to 10 years