Coastal Contracts has very good financial data, ROE=32%, Net profit Margin=32%, Intrinsic Value=RM6.69 & PE Ratio= 6 only ( very good as other companies with the same trade is about 16 ). At present market price of RM2.41, it is traded at discount of 64%. Neff's Ratio=8.5 ( good ). This is a very good stocks. In addition, future contracts are in the pipelines soon. Furthermore, is a target for merger & acquisition since it is a good company & undervalued. A highly recommended stock.
many undervalued stocks i heard but is this is real undervalue one? Intrinsic = 6.69? I think that's too high as now only 2.40. Even target price set by some firms only 3.25 the highest
Dear Cheese, Intrinsic value is not the same as target price. Please get info from the search engine. FYI, intrinsic value has been widely used by some investors, among the famous is Warren Buffet. Glad to share with you.
any comments can given to me should I sell my coastal call warrant? I bought at 0.10. Can't be very confidence the price will shoot up 0.10++. worrying...
[any comments can given to me should I sell my coastal call warrant? I bought at 0.10. Can't be very confidence the price will shoot up 0.10++. worrying...]
Hi Wendy, even the mother share is dropping bit by bit every day...
Hi Wendy, what about reentering at the current low price? it would average out your buying cost...but the biggest problem is coastal ca is expiring mid april....risky to dump in more $....i'm also hoping for ca to shoot higher.
Financial results was out for 1 week already. The result was OK only. Yearly net profit decreased 4.90% compared to previous year. Unless there is some other great news/announcement... Currently seem that the Moter price will not move much...
[next week CC will rebound strong top 5 strong growth co sure on institutional investors radar] Hi Mahes10, what is the basis/proof of your statement above?
no more privatization i think. but the stochastic curve up. if can break above 2.36, next 2.45 follow by 2.74. Note that 50mA is crossing 200MA, which is good sign of bullish signal. But this stock will short term consolidation as bollinger band start to squeeze. I would expect week after next will have rebound.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
chong
3,074 posts
Posted by chong > 2012-02-08 11:13 | Report Abuse
Everybody should be very happy today as most of you had reach your TP & to the son CA holders, you have your abalone now. Cheers.