Posted by Pakcik Saham > 2015-10-29 11:34 | Report Abuse

For FA analisis this stock is good for keep long term

Posted by thradsah > 2015-11-03 14:55 | Report Abuse

Ship building sector not doing well... right now cost of shipping is near 30 year low... reasons for it are over supply in ships... slowing global trade... the only other industry that would need the kind of ships coastal makes are in the Oil and gas industry... and even then they are cutting back on staff so i doubt they will be placing more orders for more ships... number of rigs for this region also not projected to increase... which probably means once current shipbuilding program is completed they may have reduced order book... provided nobody starts canceling orders... Finances of the company may look good... but the macro environment for the company doesn't look good

Posted by cariyoyo > 2015-11-08 17:48 | Report Abuse

Continue to accumulate Coastal Contracts if you have spare cash. Need to hold for 6 to 9 months. My target price is RM3.60. Going to be bullish soon. Regards,
Cariyoyo.

Posted by JoshuaMS7 > 2015-11-09 10:57 | Report Abuse

Flying soon? But current oil price quite low!!

Posted by qwertyuiop > 2015-11-09 11:20 | Report Abuse

Strong fundamental stock, nothing to worry buy and hold and you'll be rewarded that's it

Posted by yapie > 2015-11-11 01:06 | Report Abuse

Even smaller company like TAS is moving....
so for Coastal sooner or later only....
when people start venture to this sector......

Posted by DreamCruiser > 2015-11-11 01:41 | Report Abuse

Too slow

Posted by SuperMan 99 > 2015-11-12 00:48 | Report Abuse

Agreed with thradsah, it is only time can tell who can survey from this wave of low price/over supply. Only the best will stay.

Coastal is fundamentally strong but how many investors are willing to stay with them?

The golden rule: buy when everyone sell & sell when every chase. But, any one dare now?

I am still waiting, hope to collect cheap.

Posted by SuperMan 99 > 2015-11-12 00:50 | Report Abuse

Sometimes, I can't predict who will be the front runner at any particular time.

But I believe collecting cheap will give bigger scale safety of margin & good return overall.

Posted by Sapphire > 2015-11-14 21:44 | Report Abuse

offer offer coming

Posted by Sapphire > 2015-11-14 21:45 | Report Abuse

invest little earn big money.buy low sell high...that's simple....

Posted by Sapphire > 2015-11-14 21:46 | Report Abuse

wait usd 80. year 2020.. tp rm 4.80 xD

Posted by Sapphire > 2015-11-14 21:49 | Report Abuse

next month will top up again ....3 lot coastal...deleum 5 lot...liihen 2 lot...puc 25 lot...

Posted by cyeec2000 > 2015-11-17 15:42 | Report Abuse

I will oppose the 15 percent ESOS

Posted by 2721 > 2015-11-17 20:36 | Report Abuse

any1 know why will have EGM?

Posted by CheapBigGood > 2015-11-19 16:16 | Report Abuse

hello bro, i bought from you around RM 4.50. When can u climb back up?

Posted by dinesh_hsenid > 2015-11-19 16:17 | Report Abuse

why drop so much suddenly :O

Posted by hewiester > 2015-11-19 16:37 | Report Abuse

any idea whatssup with coastal?

Posted by CheapBigGood > 2015-11-19 16:38 | Report Abuse

i have no eye see. im thinking to cut loss. any advice?

Posted by hewiester > 2015-11-19 19:46 | Report Abuse

cut loss is prolly i might do tmrw..

Posted by hewiester > 2015-11-19 19:48 | Report Abuse

next support is $1.80

Posted by 2721 > 2015-11-19 20:10 | Report Abuse

gg

Posted by boon1515 > 2015-11-19 22:03 | Report Abuse

Cut loss at 1.97

Posted by CheapBigGood > 2015-11-20 09:27 | Report Abuse

damn. i cut loss..lucky i own 100 lot only

Posted by smallvestor > 2015-11-20 12:43 | Report Abuse

Big drop in petroleum price, kidnappings in and around Sandakan/Sabah, no good news yet etc — sure price drop lah.

Posted by Hulk > 2015-11-20 21:38 | Report Abuse

Netcash company, with the mexico project (12 year term), 20% of current revenue is promised. plus the current book order in hand. following quarter should able maintain EPS at 6cents. Annual EPS >24cents, PE at 9. So it is safe to buy at current price of 1.900.

Posted by Pakcik Saham > 2015-11-21 12:00 | Report Abuse

smallvestor wrong statement.... share price drop cz depend world supply & demand.. short term oil price still lower but long term.. (oil is a non-renewable resource).

Posted by cyeec2000 > 2015-11-22 13:03 | Report Abuse

But ESOS 15 percent is deemed to be too much..

Posted by inikalilah888 > 2015-11-22 23:49 | Report Abuse

1.9 delicious, tomorrow buy some, hehe...

Posted by Pusher_Punisher > 2015-11-23 07:42 | Report Abuse

another wave of price will go down. prepare to buy at the lowest is the best strategy. Fundamentally, this is a good counter. TA? downtrending

Posted by Tsuto > 2015-11-23 12:54 | Report Abuse

How to know when is the lowest?

Posted by CheapBigGood > 2015-11-23 19:26 | Report Abuse

Ask rosmah

Posted by Tsuto > 2015-11-24 13:35 | Report Abuse

Up now, where is the downtrend?

Posted by steelman > 2015-11-24 22:26 | Report Abuse

should listen to Hulk. synonymous with Green..positive.

Posted by GODinvest > 2015-11-25 18:18 | Report Abuse

cari yo yo ？？？

Posted by Pakcik Saham > 2015-11-25 18:25 | Report Abuse

time to accumulate buy below RM 2

Posted by ahjibkor > 2015-11-25 18:40 | Report Abuse

latest quarter ... net loss 10million if they hadn't disposal some securities? ... lol ... tmrw down??

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=189227&name=EA_FR_ATTACHMENTS

Posted by GODinvest > 2015-11-25 20:28 | Report Abuse

No one comment here again , hahaha all gone no more blood.

Posted by DreamKshatriya > 2015-11-25 20:29 | Report Abuse

what TP

Posted by 2721 > 2015-11-25 21:35 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4930949

Posted by 2721 > 2015-11-25 21:35 | Report Abuse

why result so bad =(

Posted by calvintaneng > 2015-11-25 21:49 | Report Abuse

Why result SO BAD?

Go see Baltic Dry Index & Maybulk results. All have been hit hard by commodities slump.

And Oil & Gas Companies are hit even harder!

This quarter actually show an operating loss if not for some "maneuver" by clever accounting.

Coastal is a cyclical stock. Now in prolonged down cycle. Just get out as fast as you can.

Switch to the Most Defensive Recession Proof Laggards Now!

Posted by calvintaneng > 2015-11-25 21:53 | Report Abuse

Another red flag is Debt has Ballooned to near half billion ringgit suddenly! Just be very careful now.

Posted by chong0611 > 2015-11-25 22:16 | Report Abuse

and another weird thing is company's "property, plant and equipment" increase from 198mil (Q215) to 840M (Q315). What they have bought?

Posted by tkk1127 > 2015-11-26 09:01 | Report Abuse

“The year thus far saw Coastal Contracts charting a new milestone with the successful delivery of Coastal Driller 4001, our first jack-up rig, to a leading international O&G player.

The Group recorded 17.9% lower net profit in 9M15 of RM124.5 million compared to
RM151.7 million last year, primarily due to slower deliveries of new OSVs. This was
despite 9M15 revenue doubling to RM1.4 billion from RM699.5 million previously,
mainly attributed to proceeds from the sale of Coastal Driller 4001.

Group 3Q15 net profit dipped 56.3% to RM23.7 million, from RM54.3 million a year ago,
due to inventory written-down. 3Q15 revenue increased 296.4% to RM921.2 million
compared to RM232.4 million previously, from the sale of Coastal Driller 4001.

Posted by tkk1127 > 2015-11-26 09:03 | Report Abuse

Substantial orderbook of RM2.9 billion allows Group to effectively weather ongoing O&G market downturn.

Coastal Contracts’ order book stood at RM2.9 billion as at 30 September 2015.
Of the total orderbook, OSV and other vessels, amounting to RM1.3 billion, will be due for delivery until 2017.

The Group’s O&G division made up the remaining order of RM1.6 billion, comprising the fabrication and long term charter of a Jack Up Gas Compression Service Unit (JUGCSU) to Mexico’s national oil company Petróleos Mexicanos.

The JUGCSU, whose fabrication been completed earlier, is en route to Mexican waters and remains on track for charter commencement in the first half of 2016.

Posted by ahjibkor > 2015-11-26 11:51 | Report Abuse

"calvintaneng: Another red flag is Debt has Ballooned to near half billion ringgit suddenly! Just be very careful now."

"chong0611: and another weird thing is company's "property, plant and equipment" increase from 198mil (Q215) to 840M (Q315). What they have bought?"

hey guys, is the jump in PPE and total borrowings of about RM840 million coming from its drilling rig 4001? or the JUGCSU unit? ... still trying to figure the accounting treatment out...

Posted by beemaro > 2015-11-26 11:55 | Report Abuse

think they have a 2nd jack up hehe

Posted by goreng_goreng > 2015-11-26 13:39 | Report Abuse

Jump in PPE and total borrowings is for 2nd JUGCSU. it is the nature of shipbuilding company.Try look at other in same business.

from the report:

"The debt-equity ratio of the Group has increased to 0.483 from last quarter's 0.057. Additional funds were drawn down from
existing credit lines to partly finance the Group's shipbuilding division to keep an orderly rolling work-in-progress, as well
as from new credit facility to finance the Group's acquisition of its first self-elevating mobile offshore unit for chartering.The current gearing is within management comfort level."

if you have common sense just collect below RM2 and stop worrying.

Posted by cyeec2000 > 2015-11-27 11:34 | Report Abuse

Wondering why this time they want to proposed ESOS 15 percent, which is unfair for minority shareholder. The management should focus their bussiness growth rather than thinking how to gain more shares with cheaper price..If the ESOS success, the enlarged share volume with lower earning will suppress the share price even longer time..