COASTAL CONTRACTS BHD

KLSE (MYR): COASTAL (5071)

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Last Price

1.64

Today's Change

+0.05 (3.14%)

Day's Change

1.59 - 1.65

Trading Volume

282,800

Overview

Market Cap

885 Million

NOSH

Avg Volume (4 weeks)

4 Weeks Range

4 Weeks Price Volatility (%)

%

52 Weeks Range

52 Weeks Price Volatility (%)

%

Previous Close

1.64

Open

1.60

Bid

1.64 x 22,600

Ask

1.65 x 5,700

Day's Range

1.59 - 1.65

Trading Volume

282,800

Financial Highlight

Latest Quarter | Ann. Date

31-Mar-2022 [#3] | 26-May-2022

Next QR | Est. Ann. Date

30-Jun-2022 | 28-Sep-2022

T4Q P/E | EY

9.08 | 11.01%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

2.22 | 0.74

T4Q NP Margin | ROE

34.77% | 8.13%

Company Profile

Sector: ENERGY

Sector: ENERGY

Subsector: ENERGY INFRASTRUCTURE, EQUIPMENT & SERVICES

Subsector: ENERGY INFRASTRUCTURE, EQUIPMENT & SERVICES

Description:

Coastal Contracts Bhd is a Malaysian company which provides marine products and services to the shipping, oil and gas and commodities industries. The company's business activities include build, charter, repair, maintain and trade of marine vessels, ranging from tug boats, oil barges, dumb barges, and landing crafts to offshore supporting vessels. It is also involved in maintenance, repair and overhaul services such as steel hull maintenance, electrical works, engines, and generators overhaul, and modification works including suitable charter solutions. The company organizes its business in two divisions namely Shipbuilding and Ship Repair and Vessel Chartering. The company operates its business globally and generates the majority of its revenue from Singapore.

Discussions
15 people like this. Showing 50 of 2,953 comments

pang72

Let's see will it drop lower than 3.80 for hrc?
I think it will because of margin call power!!

2 weeks ago

wallstreetrookie

Two more weeks until buy the dip on Hengyuan

2 weeks ago

MrsLee

keep dropping....

2 weeks ago

wallstreetrookie

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.

2 weeks ago

wallstreetrookie

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

2 weeks ago

wallstreetrookie

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

2 weeks ago

wallstreetrookie

Today, Hengyuan PDT short-sellers taking some profits haha

2 weeks ago

subwayzzz

will HY go under 4?

2 weeks ago

wallstreetrookie

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

2 weeks ago

wallstreetrookie

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

2 weeks ago

subwayzzz

alrighty

2 weeks ago

MrsLee

recommended BUT by TA and TP is RM2.59

2 weeks ago

wallstreetrookie

I love TA Securities

2 weeks ago

wallstreetrookie

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

2 weeks ago

wallstreetrookie

Hopefully they are right with Coastal

2 weeks ago

wallstreetrookie

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

2 weeks ago

wallstreetrookie

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

2 weeks ago

subwayzzz

yea

2 weeks ago

wallstreetrookie

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

1 week ago

treasurehunt

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

1 week ago

wallstreetrookie

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

1 week ago

wallstreetrookie

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

1 week ago

wallstreetrookie

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

1 week ago

wallstreetrookie

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

1 week ago

treasurehunt

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

1 week ago

treasurehunt

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

1 week ago

MrsLee

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)

1 week ago

gemfinder

All kena gao gao...

1 week ago

wallstreetrookie

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

1 week ago

wallstreetrookie

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

1 week ago

subwayzzz

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

1 week ago

subwayzzz

5071 testing may lows

1 week ago

treasurehunt

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.

1 week ago

treasurehunt

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.

1 week ago

VTrade

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

1 week ago

VTrade

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

Ada Gold pun tak guna

1 week ago

VTrade

Seem cantik as planned

1 week ago

Joo1818

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.

1 week ago

gemfinder

Post removed.Why?

4 days ago

wallstreetrookie

Nope

4 days ago

doublesunday

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

4 days ago

gemfinder

Post removed.Why?

4 days ago

MrsLee

seeing RM1.60 now..

4 days ago

gemfinder

Post removed.Why?

3 days ago

gemfinder

Buy when 30sen

2 days ago

MrsLee

Shit!!!

1 day ago

brian3381

Post removed.Why?

1 day ago

wallstreetrookie

Coastal gang

2 hours ago

wallstreetrookie

gemfinder buying quietly. This useless piece of sht

2 hours ago

wallstreetrookie

MrsLee cut loss already?

1 hour ago

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