Koon Yew Yin's Blog

Comparison of Dayang and Coastal - Koon Yew Yin

Koon Yew Yin
Publish date: Mon, 26 Sep 2022, 12:43 PM
Koon Yew Yin
0 1,424
An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin

As both companies are doing the same kind of business operation, the profit growth prospect and forward Price/Earning ratio are the 2 most important stock selection criteria.  

Dayang Enterprise

Dayang Enterprise Holdings Bhd is an investment holding company. The company provides offshore topside maintenance services, minor fabrication works and offshore hook-up and commissioning services for oil and gas companies. It also offers chartering of marine vessels, and equipment hire operation. Its operating segments include Topside maintenance services, Marine charter and catering income, Equipment hire and Investment holding. Dayang generates most of its revenues from Topside maintenance services.

Market cap Rm 1,262 million and total issued shares 1,158 shares.

Current share price Rm 1.09. EPS 3.63 sen for quarter ending June and 

EPS 1.19 sen quarter ending March.

Coastal Contract

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.

Market Cap 1,057 million. Total issued shares 539 shares.

Current share price Rm 1.96. EPS 19.56 sen for quarter ending June. EPS 19.56 sen for quarter ending June and EPS 8.46 sen for quarter ending March.

Comparison:

Dayang: Current share price Rm 1.09. EPS 3.63 sen for quarter ending June and EPS 1.19 sen quarter ending March.

Coastal: Current share price Rm 1.96. EPS 19.56 sen for quarter ending June and EPS 8.46 sen for quarter ending March.

Related Stocks
More articles on Koon Yew Yin's Blog
Malaysia has the most civil servants per capita in the world - Koon Yew Yin

Created by Koon Yew Yin | May 28, 2024

It is a human nature that most men would complain to their wives that they were overworked and the wives would tell their husbands to get some assistants. As a result, the number of staff increases...

Sendai is under priced - Koon Yew Yin

Created by Koon Yew Yin | May 13, 2024

Eversendai Corporation Berhad recently reported its earnings results for the fourth quarter ended December 31, 2023. Here are the key financial highlights:

Eversendai Corporation made a remarkable comeback in FY2023 - Koon Yew Yin

Created by Koon Yew Yin | May 06, 2024

Eversendai Corporation Berhad made a remarkable comeback in FY2023, reporting strong profit growth. Here are the key highlights from their financial performance:

Sendai is still up trend - Koon Yew Yin

Created by Koon Yew Yin | Apr 30, 2024

As shown on the chart below, Sendai has been dropping in the last few days. Today all shareholders must be wondering to sell, hold on or to buy some at a cheaper price.

Discussions
Be the first to like this. Showing 2 of 2 comments

Windy1974

Uncle. Just be you saying Dayang and Coastal are doing same kind of business shows you know nuts about oil & gas industry. Anyway, it doesn't matter right as long as you achieve your objective?
BTW, you owed me a TQ for saving your ass in Hibiscus.

2022-09-27 09:58

piranha88

Windy1974, why save this type of person who only has his own self serving interest at heart. Let him sink then he knows how it feels.

2022-09-27 18:19

Post a Comment