Posted by thesteward > 2013-11-22 10:47 | Report Abuse

I have a feeling this one will jalan soon......

Posted by thesteward > 2013-11-22 10:58 | Report Abuse

wow bingo!

Posted by Sapphire > 2013-11-27 23:43 | Report Abuse

over value dy..hard to up..unless got ppl goreng it or quater.result excelent giv special div

Posted by kingleecha > 2013-11-29 18:32 | Report Abuse

It's still undervalue actually, all nice companies got such PE,it's normal.

Posted by kingleecha > 2013-11-29 18:48 | Report Abuse

That's why majority of target prices given are about RM 3.8, only newbies and contra players trust your comment and sell at this low price..top up more today..haha..Thank you, Sapphire. =)

Posted by johnny cash > 2013-12-01 14:13 |

Post removed.Why?

Posted by dlsh2 > 2013-12-03 10:33 | Report Abuse

it was rumoured that there is a possible jv between coastal with a O&G giant on a piece of land in Sandakan. the O&G giant is taking up coastal shares since a few months ago and they are still taking up by way of holding down the price,if possible. announcement may be in feb.

Posted by dlsh2 > 2013-12-03 10:34 | Report Abuse

the owner latest purchase was at RM3.31. up to you guys to believe.

Posted by skyu > 2013-12-10 14:33 | Report Abuse

Any news?

Posted by dlsh2 > 2013-12-12 10:07 | Report Abuse

track the comments from cariyoyo for news on coastal and p&o. I think his news are quite accurate

Posted by Carson Teor > 2014-01-03 15:47 | Report Abuse

up up up

Posted by rchi > 2014-01-07 22:57 | Report Abuse

4.0 coming.

Posted by rchi > 2014-01-08 13:15 | Report Abuse

slow and steady does it.

Posted by johnny cash > 2014-01-08 13:46 | Report Abuse

Coastal Contracts (COCO MK)
Technical BUY with +13.2% potential return
Last price : RM3.80
Target price : RM4.04, RM4.30
Support : RM3.61
Stop-loss: RM3.49

BUY with a target price 4.30 with a stop loss below RM3.49. The share price continued
to rise along the trendline and hit the high of
RM3.61 on 31 Oct 13 before retracing lower
over the mild correction. However, the selling
pressure has been absorbed along the “cloud”
regions as COCO has gradually recovered and
retested the previous high of RM3.61 last
Monday. We note yesterday’s 21-sen gain on
the back of higher trading volume of 1.4m
shares (vs the 20-day average of 0.3m),
suggesting a genuine breakout and thus
potentially kick-starting a new upleg. We note
an uptick in RSI, which points to a growing
momentum, and a positive development in
MACD would back our bullish view. We expect
COCO to advance towards our projected target
at RM4.04 and RM4.30 in the near term.

Posted by iamalex > 2014-01-08 15:18 | Report Abuse

not sure what is brewing

Posted by rchi > 2014-01-08 18:56 | Report Abuse

no more resistance chartwise.

Posted by iamalex > 2014-01-08 19:59 | Report Abuse

low buy rate but price increasing..

Posted by bonescythe > 2014-01-10 11:52 | Report Abuse

Lai ah.. RM 4.00 lets go!

Posted by bonescythe > 2014-01-10 12:05 | Report Abuse

Bring me to Gold Coast

Posted by bonescythe > 2014-01-10 12:21 | Report Abuse

Yea.. My Gold Coast trip not bad

Posted by rchi > 2014-01-10 14:58 | Report Abuse

Possible corporate action on the cards.

Posted by rchi > 2014-01-10 15:53 | Report Abuse

4.2 lai liao!Huat ar!

Posted by bonescythe > 2014-01-10 20:40 | Report Abuse

Wah, RM 4.20 tim...
I RM 4.00 already happy :D

Posted by rchi > 2014-01-10 21:56 | Report Abuse

hey,bonescythe...friday closing at near to highest point woh,don play play :)

Posted by bonescythe > 2014-01-11 01:47 | Report Abuse

I know. Ur target is RM 4.20 mah.
My target is any target that makes money and good enough for me is a happy target.. :D

But this company is good and fundamentally strong. So you can aim and run with it :D

Posted by rchi > 2014-01-11 08:15 | Report Abuse

bonescythe,the way it is moving ie rise with small vol indicates pending corporate action.Kalau bonus or split then we fatt loh. :)

Posted by bonescythe > 2014-01-11 10:57 | Report Abuse

Fatt fatt lo. But I think is not corporate action. Probably is securing another project from Petronas, jack up rig or wadever it is. Petronas weeding off foreign rig and want to put them all to the local players

Posted by rchi > 2014-01-11 11:58 | Report Abuse

ok,whatever it is,price up means fatt for us.

Posted by CityTrader > 2014-01-11 12:15 | Report Abuse

So sad! Bot at 2.50 & sold 2.60 & at that time didnt equip with appropriated ta knowledge. Based on my own ta tp 4.40 unless there is extension. Good luck.

Posted by rchi > 2014-01-11 13:14 | Report Abuse

bonescythe,pls take note.Coastal was mentioned here.http://www.bernama.com/bernama/v7/bu/newsmarkets.php?id=1006791

Posted by ohkns > 2014-01-11 14:21 | Report Abuse

Sorry for citytrader. I oso bot abt 2.50 and still keeping, luckily. Monday coastal's barges will switch on turbo engines and zoom away..... Few sellers, something is coming.

Posted by iamalex > 2014-01-11 14:39 | Report Abuse

ride the bull....

Posted by dlsh2 > 2014-01-11 16:04 | Report Abuse

I have been informed that the counter is due to some purchases from LTH and a few GLCs. Counter is expected to move up due to expected new businesses coming on steam brought about by the O&G theme. I have also been adequately informed that the owner is increasing stake.

Posted by bonescythe > 2014-01-11 16:21 | Report Abuse

rchi, whatever the coverage is... Every different trader had their own buy and sell and target. :D
As long as the method is making money, continue with it :D

Everyone got their own different plan. Whether is long mid or short. Again, as long as it is making money, go with it. Won't be wrong. :D

Posted by rchi > 2014-01-11 16:27 | Report Abuse

Ok,bonescythe.
Tq for sharing,dlsh2.

Posted by luyee > 2014-01-13 16:03 | Report Abuse

hehe..bought so many 3.91, why cannot 3.92?

Posted by Stockman > 2014-02-07 11:41 | Report Abuse

going up lol

Posted by ohkns > 2014-02-10 21:37 | Report Abuse

Coastal is pleased to announce that its wholly-owned subsidiary, Thaumas Marine Ltd has secured a charter contract for a Jack-up Gas Compression Service Unit (“Jack-up”) for an aggregate value of approximately RM1.24 billion from a group of Mexican companies, which in turn has entered into a gas compression service contract with Petroleos Mexicanos (“Pemex”), the Mexican state-owned petroleum company.

The construction work will be started immediately and expected to complete in first half of 2015.


Up, up and away

Posted by Stockman > 2014-02-11 08:06 | Report Abuse

Wow big contract to Jack-up

Posted by Overweight > 2014-02-12 15:07 | Report Abuse

re-enter again to coastal-wa.

Posted by Overweight > 2014-02-13 12:54 | Report Abuse

Last bonus issue was on year 2011, hopefully another big reward this year along with current fantastic jobs/orders/result.

collecting more on coastal-wa.

Posted by ohkns > 2014-02-13 21:50 | Report Abuse

Hopefully so, and please this time if any bonuses, hope it won't go down after that like previous time! I have been keeping since 2011!

Posted by cariyoyo > 2014-02-14 12:15 | Report Abuse

Dear all,

I have urged investors to buy Coastal Contracts since January 2013 as we have noted its ability to secure further contracts from local and overseas O&G players. The owner purchased Coastal at the highest price of RM3.60. More good news are coming out on Monday, 24th 2014 which will lead to analysts re-rate Coastal Contracts to outperform.

We have no idea as to the bonus issue but plausible.

Our target price for Coastal is RM6 before the end of 2014.

Posted by ohkns > 2014-02-14 13:30 | Report Abuse

Huat-ah! I am still keeping a bit! Haha!

Posted by ohkns > 2014-02-14 20:59 | Report Abuse

Careful everyone, dow jones double top - expected to drop!

Posted by ohkns > 2014-02-15 06:18 | Report Abuse

Oops, I mean double-top reversal pattern but anyway dow went up, so shd continue up on Monday!

Posted by Stockman > 2014-02-17 15:20 | Report Abuse

Up up Coastal

Posted by ohkns > 2014-02-17 15:36 | Report Abuse

Coastal barges got turbo engines zooooooommmm away! Huat-ah!

Posted by soccerking82 > 2014-02-18 10:56 | Report Abuse

Mother in bull mood... Son chase ah

Posted by ohkns > 2014-02-18 15:45 | Report Abuse

HHHHHUUUUUUUUUAAAAAAAATTTTTTTT!