This stock will probably perform like PMBTech

Kotra will reach blue chip status by 2025, but short term trader will want to exit the stock by year-end

Coastal is still a hold as energy remains the only green spot in every fund manager's portfolio. Sell-side analyst still has way too optimistic price target.

I am still very bullish on Hibiscus and Coastal.

Kotra is a downgrade from Overweight to Equal-weight, still a Hold but no longer trading at attractive valuation

pang72, Kotra management almost wants to cash out already. In times of crisis like this, it is better to sell and take profit

Hold

Good morning

Recession-proof company. More people lose money, more foreclosures/bankruptcy, more people go to Papajack to sell stuffs.

up 10% take profit

10% take profit rule

sell

the stock has such a low forward PE that it is absolutely insane to short this company

I have shares in coastal in 4 different accounts. sold some a few days ago. This stock is a long-term winner. Their management team is pretty bullish on their own company. I attended their briefing before and shareholders should expect more contracts to be awarded in the future. Free cash flow will trend higher in Q2 2023.

The best thing about Coastal Contract is that it benefits from high oil demand, yet the share price is not influenced negatively by the volatility in WTI crude/or brent. As long as the demand stays high, it will be very optimistic for oil service providers like Coastal Contract and oil field operators (sadly no such company exists in Malaysia, only in Texas, and Houston).

VTrade finally shut his mouth, this fella laughing when the stock dropped yesterday

KClow how much you top up this week haha?

I agree, Malaysian equity analysts are way too conservative with their price targets. I took a look at RHB's model

Coastal is trading at 4.5x trailing PE. Fair value of O&G stock is around 9.6x trailing 13x forward

Yeah at first I was worried but then I remember the fact that Coastal is a RM1 billion market cap company

Energy stocks will still outperform in 2023 according to Morgan Stanley strategists

Energy stocks will still outperform in 2023 according to Morgan Stanley strategists

Hold Coastal, but don't buy more

Bloomberg also said the same thing: https://www.bloomberg.com/news/articles/2022-12-13/energy-bulls-see-stocks-outperforming-market-third-straight-year?srnd=markets-vp#xj4y7vzkg

Just ignore OTB and sslee. They cannot manipulate a 2 billion company like hibiscus i think

I spoke to energy analysts and they told me that based on their models (taking into account proprietary data from oil exporters and producers), the floor price for crude oil is around 63$ to 68$ per barrel into Q1 - Q2 2023. So, if oil prices remain high and inflation remains elevated, then companies like ExxonMobil and exploration companies like Hibiscus will still command pretty good free cash flow for the entire 2023. What do you think>

@pang72 I still think next year, Hibiscus and Coastal will perform very well except Hengyuan Refining and Petron. I don't think energy stock is over yet. Just ignore OTB and sslee because they cannot control a 1 billion dollar company.

Same I also like to write in broken English sometimes

Who is karma sifu for Coastal? You mean sslee or OTB? I am not friends with them

@pang72 I cannot understand what you are writing because your English grammar is so weird haha. But anyways good for you since I already sold Greatech a few days ago. It is enough for me and I need to go for holiday soon so i need money

@troy88 We were having a good time and then all the OTB fanboys came and disturbed our favourite stock. This is so dumb

I know right

congrats for your exceptional performance this quarter. you performed better than me this quarter haha

This year, how much is your bonus?

Wow pang72 you made the right call.

pang72 when are you going to bring your wife to Europe for holiday?

Can go to Italy three times haha. can't go if you don't sell

Sold some to go to Europe for travel next year. let's go

I agree, better run fast

RM7.80

Sslee short seller. I am not buying anymore. I already said it a few days ago. @VTrade you schadenfreude

Final price target is RM7.80 by the end of Q1 2023

Slowly take profit as the stock goes up 20%

Healthcare stocks perform well at the end of an economic cycle. Right before the beginning of a global recession, healthcare stock will most likely peak, followed by a S/T correction. We are currently in the final stage of growth, soon to enter Stage 1 of recession. Earliest is between Q1 and Q2 2023

Downgrade Kotra Industries to Neutral from Overweight (Short term), Long-term is still overweight

After one year and a half, Kotra Industries has finally reached its true intrinsic value.

Take profit 30%

This stock will fly today. Unfortunately disposal news was too late to act on

I am not buying anymore.

They collected enough already. It is time

Waited so long

Putin yesterday mentioned "Nuclear weapon". Very scary times we live in.

Trading Buy

Remember that countries need chips for their weapon also. Chips are not just found in iPads or smartphones. Which explains why semiconductor companies have not even crashed despite the recent rout in FAANG and big tech.
I am definitely still bullish on MPI despite the challenging macro environment.