I give you 5 reasons why you should look at COASTAL.
(1) Safe bet. Within this 5-year time, the highest $5.40, the lowest $1.15, current $1.25. Very limit downside but very huge potential upside.
Based on share price $1.25, if back to $5.40, you earn 332% return.
(2) Borrowings $435mil, cash $368mil. Debt ratio very low, not like other O&G counters.
(3) Profit-making company, never post loss-making quarterly results since 2006. I guess 99% companies cannot do this.
(4) Low volume. Hard to see it on active stocks list. It is good before more people discover this gem.
(5) Share buy back frequently by CEO and substantial shareholders. They didn’t sell even single share in this 3-year.
You can compare SENERGY and COASTAL, their chart pattern even share price movement almost the same. If you think SENERGY already gone too far, then you should consider COASTAL.
Oil prices rebound from $30USD to $60USD. EPS also rebound from $0.0059 to $0.0269. But COASTAL share price still lagging behind. Then you should know what you should do.
So, what the TP? I think COASTAL should be around $1.60 now. Whether based on EPS or NTA, even cash flow, frankly speaking, COASTAL far better than SENERGY.
You don’t know which day COASTAL will be sudden shot up. So just buy and dumb dumb hold it. I think that day not far already. (Since oil price stand firmly at $60)
Now oil price $60 already. I think COASTAL will sudden shoot up one day but we don't know which day is that. So just dumb dumb buy and dumb dumb hold it.
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....
lime1015
19 posts
Posted by lime1015 > 2017-09-20 18:18 | Report Abuse
Diam diam ubi berisi this stock haha...