KLSE (MYR): COASTAL (5071)
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Last Price
1.48
Today's Change
0.00 (0.00%)
Day's Change
1.48 - 1.49
Trading Volume
4,100
Company warrants are issued by the company and give the holders the right, but not an obligation, to subscribe for new ordinary shares at a specified price during a specified period of time.
Structured warrants are proprietary instruments issued by a third-party issuer, namely an eligible broker or financial institution that give holders the right, but not the obligation, to buy (call warrants) or sell (put warrant) the underlying instrument in the future for a fixed price.
A call warrant is in-the-money when the exercise price is lower than the price of the underlying share.
A put warrant is in-the-money when the underlying share price is lower than the exercise price.
In the money
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
To recap, Coastal still holds 100% shares in JV company Coastoil Dynamic S.A.De C.V. (CDSA) that owns the Papan and Perdiz projects at Mexico. The transfer of JV partner Nuvoil group’s 50% stake in CDSA is expected to complete by 2HCY23. For now, Coastal recognises 100% of CDSA’s profits as its JV profit. Upon completion of the share transfer, accrued JV profit will be transferred back to Nuvoil.
Note that the 9M comparison may not be meaningful as the group applied equity accounting method on CDSA in 3QFY22.
2023-05-27 07:48
Jerichomy really? You working in oil and gas industry? You cook half boiled eggs for the offshore workers?
2023-05-27 11:18
Tell me about your oil and gas experience lah else I guess you can only cook half boiled eggs in the barge for the offshore workers because your brain also half boiled.
2023-05-27 14:46
Haha
i3lurker
500% profits
of course all types of sharks will dump
32 minutes ago
2023-05-28 16:32
The coastal company keep on share buy back, but the share price keep on dropping, any issue?
2023-06-11 07:02
Haha peng lam and get stuck
investopology
The coastal company keep on share buy back, but the share price keep on dropping, any issue?
1 month ago
speakup
Reminds me of Topglove
1 month ago
investopology
Haha you better be silent than speak up😂
1 month ago
Huat 888
slowly collecting...anytime goin to fly
1 month ago
2023-07-24 15:33
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
Oil price crosses above US$90
2023-09-07 16:00
Hi Pang. Coastal story sounds interesting. I m afraid it might be another serbak 2.0 coz all investments outside Malaysia. Be careful.
2023-10-23 12:19
its a buying oppurtunity. easily up. remember this was the best under billion company voted by the edge.
2023-11-23 13:28
I bought Coastal a year before Covid-19 and sold it early last year. I have 2 Bursa energy services companies that I use as references when hunting for companies in this sector – Deleum and Dayang. https://ujianehc.blogspot.com/2023/12/dayang.html
I the past these 2 companies ROE outperformed that of Coastal but over the past 2 to 3 years, Coastal ROE have overtaken them.
When I look at the ROE vs share price trend, I found that currently they are diverging – the ROE is going up while prices are declining. https://i.postimg.cc/JhVF7spg/Coastal.png
Is this another opportunity to go in?
2023-12-11 09:47
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
SSLee rightly pointed out the huge loans advanced to its customers and the AR. The company has to impair a lot of the AR.
2024-03-01 12:09
Coastal contract 1.56
Tp 1.10 range
Its not just impairment but weaknesses of Asia economy china,japan.
4/3/24 8.57pm
2024-03-04 20:57
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
Fiscal year is July-June. All values MYR Millions. 2023 2022 2021 2020 2019
TOTAL EQUITY 1,823 1,359 1,105 1,086 1,177
TOTAL ASSET 2,112 2,016 1,399 1,556 1,648
CASH AND EQUIVALENT 185 239 275 524 503
ST DEBT & CURRENT PORTION OF LT DEBT 45 344 44 242 63
LT DEBT 43 120 50 35 231
TOTAL DEBT 88 464 94 277 294
NET CASH (DEBT) 97 -225 181 247 209
ACCOUNT RECEIVABLE 1,056 784 192 166 177
ACCOUNT PAYABLE 149 141 135 136 130
Balance Sheet is surprisingly strong.
2024-04-21 21:38
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
COASTAL
FISCAL YEAR ENDING 2023 2022 2021 2020 2019
PRICE 1.50 2.47 1.37 0.69 1.32
MARKET CAP (MILLION) 828.04 1,311.93 718.63 364.59 696.27
NAPS (BV) 3.30 2.56 2.11 2.06 2.23
EPS 0.70 0.34 0.06 -0.20 0.03
ROE 21.07% 13.26% 2.93% -9.67% 1.22%
ROA 18.18% 8.94% 2.31% -6.75% 0.87%
P/B 0.45 0.97 0.65 0.34 0.59
P/E 2.16 7.28 22.20 -3.47 48.31
EARNINGS YIELD 46.38% 13.74% 4.51% -28.81% 2.07%
FCF YIELD 19.28% 4.93% -7.63% 9.91% 23.23%
DIVIDEND YIELD 0.00% 0.00% 0.00% 0.00% 0.00%
2024-04-21 21:40
Finally touched RM1.80. Now waiting for it to break through this resistance
2024-07-15 19:26
Coastal Contracts – a new hope from its pivot in business direction
A decade ago, Bursa Coastal Contracts earnings was from building ships for the oil & gas sector. But the downturn in the oil & gas sector affected this business. The company pivoted to providing gas production platforms.
Today the company is exiting the shipbuilding sector to focus on providing and operating oil & gas production platforms. The company has yet to rebuild its return to the heydays of shipbuilding. But this new business direction looks more positive than being in the shipbuilding business.
https://www.youtube.com/watch?v=JShL7TP1YT0
2 months ago
Jerichomy
Haha
2023-05-26 00:10