COASTAL CONTRACTS BHD

KLSE (MYR): COASTAL (5071)

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Last Price

1.47

Today's Change

-0.02 (1.34%)

Day's Change

1.47 - 1.49

Trading Volume

140,700


15 people like this.

3,429 comment(s). Last comment by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ 4 days ago

Posted by wallstreetrookie > 2022-11-05 22:20 | Report Abuse

I think Coastal Contract will reward their shareholders with historical high dividend soon. I think the dividend announcement could possibly come by November or December 2022. Again, this is the best case scenario and just another possibility.

Posted by wallstreetrookie > 2022-11-05 22:21 | Report Abuse

Coastal Contracts has not paid dividends since 2017.
To Coastal Management:
This is the time to pay dividend. Q4 2022 Dividend incoming

Posted by wallstreetrookie > 2022-11-05 22:23 | Report Abuse

Price target based on my model is RM2.30 without factoring in dividends. With dividend, it could be higher

Posted by wallstreetrookie > 2022-11-05 22:27 | Report Abuse

@pang72 In a global recession, only 3 sectors can survive. Oil and gas, healthcare and food. The rest, all die

subwayzzz

1,057 posts

Posted by subwayzzz > 2022-11-09 10:18 | Report Abuse

gonna mirror ur trade wsrookie. u're legend

fruitcake

704 posts

Posted by fruitcake > 2022-11-11 09:56 | Report Abuse

u-turn to south

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

All we need is dividend payout. It is time to reward the shareholders

Posted by wallstreetrookie > 2022-11-14 15:44 | Report Abuse

Coastal is a hold until 2024

VTrade

2,434 posts

Posted by VTrade > 2022-11-16 11:39 | Report Abuse

Poland boom got impact
Inflasion high
Market will continue collape.
QE hangus then.

Posted by wallstreetrookieNEW > 2022-11-27 19:03 | Report Abuse

Just letting you all know that my old account (wallstreetrookie) was banned by i3investor forum admin. I am not kidding. What a bunch of aholes. No one paid me any money, and I still get banned on i3 forum for sharing ideas for free.

Posted by wallstreetrookieNEW > 2022-11-27 19:05 | Report Abuse

Good luck surviving in the dirtiest stock market in the world. I advise you all to not invest in any Malaysian stock because we have no laws on insider trading among local equity analysts and prop traders including PMs and upper MGMT.

Only invest in companies with good management, dividend policy and positive cash flow as well as established client base. I am so angry that the forum banned my old account

subwayzzz

1,057 posts

Posted by subwayzzz > 2022-11-29 16:10 | Report Abuse

i think you'd be able to get it back few weeks later.
thanks to you for solving my decade long question. i thought this stock market has been really *fair*, having seen some cases of insider trader being caught. maybe it's not that fair as i thought it was.

Posted by wallstreetrookieNEW > 2022-11-30 10:27 | Report Abuse

O&G Strategy Q1 2023
1. Short Hengyuan as mentioned two months ago
2. Long Hibiscus (O&G pure play) as well as Coastal Contract (O&G-adjacent play)
3. Small cap penny stock gamble (Velesto energy and RL [Reservoir Link])

bulldog

12,157 posts

Posted by bulldog > 2022-11-30 15:52 | Report Abuse

Accumulation in progress


Huat chaiii

Posted by TonsilBasher > 2022-12-01 11:03 | Report Abuse

This is a real good counter

Posted by TonsilBasher > 2022-12-01 23:00 | Report Abuse

Another Catalyst coming is contract renewal in Mexico

Posted by wallstreetrookieNEW > 2022-12-02 12:49 | Report Abuse

O&G Strategy Q1 2023

1. Long Hibiscus (O&G pure play) as well as Coastal Contract (O&G-adjacent play)
2. Small cap penny stock gamble (Velesto Energy, Bumi Armada, RL [Reservoir Link])
Added Bumi Armada and removed Hengyuan because now no longer able to IDSS/RSS Hengyuan except corporate trading account.

Posted by TonsilBasher > 2022-12-02 18:25 | Report Abuse

Coastal is real gem. Rise slowly and steady

Posted by wallstreetrookieNEW > 2022-12-02 19:13 | Report Abuse

Coastal Contract fair value is at trailing P/E 9.50x Good luck

Posted by wallstreetrookieNEW > 2022-12-02 19:13 | Report Abuse

Forward P/E I am too lazy to calculate. haha Happy weekend

troy88

2,555 posts

Posted by troy88 > 2022-12-05 09:07 | Report Abuse

Soaring to greater heights..

Posted by wallstreetrookieNEW > 2022-12-05 09:22 | Report Abuse

troy88, still not fair value yet

Posted by wallstreetrookieNEW > 2022-12-05 09:22 | Report Abuse

9.5x trailing PE

Posted by wallstreetrookieNEW > 2022-12-05 09:23 | Report Abuse

Coastal Contract - Supermax of O&G
Hahaha

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

Coastal - Supermax
Hibiscus - Top Glove
RL - Rubberex/Careplus
Velesto - AT Systemization
Haha just kidding

troy88

2,555 posts

Posted by troy88 > 2022-12-05 09:33 | Report Abuse

Yes, potentially marching back to it's glory days back in 2013-2014

Posted by wallstreetrookieNEW > 2022-12-05 09:51 | Report Abuse

@troy88 this stock, hold tight until Q1 2023 before bonus pay to fund managers.

Posted by wallstreetrookieNEW > 2022-12-05 09:52 | Report Abuse

Russian oil cap will pump crude oil prices back to 100$. Crude oil stays higher, driving inflation. Fed pivots, then resumes hiking. Followed by mild global recession. This recession won't be as bad as 2008

Posted by wallstreetrookieNEW > 2022-12-05 10:14 | Report Abuse

Take a break first, go trade Velesto haha

Posted by wallstreetrookieNEW > 2022-12-05 10:14 | Report Abuse

Come back later

fooming

45 posts

Posted by fooming > 2022-12-05 11:09 | Report Abuse

Jeff Currie, global head of commodities at the investment bank, said Tuesday that the oil outlook in 2023 remains "very positive."

KClow

1,199 posts

Posted by KClow > 2022-12-05 15:01 | Report Abuse

GEM

KClow

1,199 posts

Posted by KClow > 2022-12-05 15:05 | Report Abuse

Can limit up?

chongwee

125 posts

Posted by chongwee > 2022-12-05 15:07 | Report Abuse

slow slow up ok lah... everyday up mah ...

chongwee

125 posts

Posted by chongwee > 2022-12-05 15:07 | Report Abuse

kclow you want one day richer than robert kuok

KClow

1,199 posts

Posted by KClow > 2022-12-05 15:12 | Report Abuse

Yup

2721

1,932 posts

Posted by 2721 > 2022-12-05 15:40 | Report Abuse

Limit up soon

Posted by ipohwhitecoffee > 2022-12-05 15:44 | Report Abuse

Greatness. Long term fundamental bull stock

KClow

1,199 posts

Posted by KClow > 2022-12-05 16:08 | Report Abuse

Yup

Posted by TonsilBasher > 2022-12-05 16:08 | Report Abuse

Its tiring that i posted last friday but nobody seem to be interested. Seem like its flying like a bird now.

Posted by miracle_trader > 2022-12-05 16:14 | Report Abuse

this one keep long term, probably will be at rm5 one year from now

2721

1,932 posts

Posted by 2721 > 2022-12-05 19:52 | Report Abuse

Oil 88 now..gogogo

KClow

1,199 posts

Posted by KClow > 2022-12-05 21:09 | Report Abuse

Coastal is a hold until 2024

KClow

1,199 posts

Posted by KClow > 2022-12-05 21:10 | Report Abuse

Buy more Coastal. Coastal will get awarded with more contracts in the future

mf

27,854 posts

Posted by mf > 2022-12-05 21:14 | Report Abuse

US 30 34,239.5 -190.4 -0.55%
US 500 4,048.9 -22.8 -0.56%

KClow

1,199 posts

Posted by KClow > 2022-12-05 21:14 | Report Abuse

This share is not about oil price. Its more about years of alternative energy n to realiase that we forgot about oil. So now irs catch up. With vessels enginering n the rest to find n explore oil n gas. So i see next 2 years this field going up. Do u

KClow

1,199 posts

Posted by KClow > 2022-12-05 21:16 | Report Abuse

Oil.n gas price not really a factor here.wats the factor is saudi cant make more n us using its reserves n soon will have no more oil n needs to find more to.fill reserves

chongwee

125 posts

Posted by chongwee > 2022-12-06 00:19 | Report Abuse

tomorrow continue up...

Posted by wallstreetrookieNEW > 2022-12-06 09:01 | Report Abuse

20% profit-taking

KClow

1,199 posts

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

Wait till window dressing

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