Posted by uptrending > 2020-04-23 16:20 | Report Abuse

When oil price goes up to 60 to 70 usd per barrel, then it will be meaningful to Coastal because then the Ship Building Division will have new orders when those oil companies replacing their old vessels. Coastal will then be able to return to those glory days..

Posted by thesteward > 2020-04-23 18:07 | Report Abuse

Actually coastal is a very very good company with v high nta and dedicated management

Posted by thesteward > 2020-04-23 18:08 | Report Abuse

Very cash rich co

Posted by tkl88 > 2020-04-23 23:13 | Report Abuse

Wow, Awesome!
Oil price continue to spike up to sky high !
Nymex now at=> $17.83 (+4.05) (+29.39 percent) !

Posted by uptrending > 2020-04-24 08:03 | Report Abuse

thesteward

Agree with you.

As of 31st Dec, Cash and short term investment (money market) total rm510 milion. Borrowings, mainly long term for the JUGCSU project, rm 260 million. Net Cash Rm250 million or 47 cent per share.

NTA RM2. 52 per share.

Management very experienced and hands on, I believe.

Do you know the management well or have met them or attended AGM?

Thank you.

Posted by PsychicTrader > 2020-04-24 13:42 | Report Abuse

Coastal is one of the better manage oil shipbuilders. With the 2020 low sulphur ship retrofit for business to come. Moreover it is cash rich so more to come. Only the strong will survive, see you at rm 1. BOSS being doing share buyback lately.

Posted by uptrending > 2020-04-24 18:25 | Report Abuse

NTA RM 2.25
Correction

Posted by thesteward > 2020-04-26 12:54 | Report Abuse

Watch this stock this coming week . Fly

Posted by thesteward > 2020-04-26 21:09 | Report Abuse

this is one good co with dedicated shareholder n management .

Posted by thesteward > 2020-04-26 21:11 | Report Abuse

V high nta n shareholder kept accumulating even at higher . Smells like something good in store

Posted by thesteward > 2020-04-26 21:12 | Report Abuse

https://www.bloomberg.com/news/articles/2020-04-25/saudi-aramco-starts-cutting-output-ahead-of-may-1-opec-target

Posted by thesteward > 2020-04-26 21:12 | Report Abuse

Watch close Wah seong n coastal

Posted by uptrending > 2020-04-29 18:24 | Report Abuse

SAMARANG UCITS - SAMARANG ASIAN PROSPERITY

This is the 2nd largest shareholder, apart from the owners who are family members.

Keep accumulating

Posted by uptrending > 2020-04-29 18:25 | Report Abuse

https://m.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5071&section=announcement

Posted by thesteward > 2020-04-30 12:00 | Report Abuse

One good co. Don’t miss

Posted by RedEagle > 2020-05-05 21:42 | Report Abuse

Sad pattern chart

Posted by tkl88 > 2020-05-07 19:18 | Report Abuse

Wow, Fantastic !
Oil price continue to spike up !

As at 7.10pm,
Nymex at=> $26.01 (+2.02) (+8.42 percent)
Brent at => $31.37 (+1.65) (+5.55 percent)

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-05-07 22:08 | Report Abuse

U.S. oil prices jump more than 8% as Saudi Arabia lifts prices, China crude imports climb
By Mark DeCambre
Published: May 7, 2020 9:14 am ET

https://www.google.com.my/amp/s/www.marketwatch.com/amp/story/guid/28455BBE-901F-11EA-9208-AF2E6FA5B5BC

Posted by tkl88 > 2020-05-07 22:09 | Report Abuse

Brent oil price, the international benchmark, rises around 6%
Crude oil futures climbed sharply on Thursday, at least partly supported by Saudi Arabia’s decision to lift prices to help stabilize values, while China’s appetite for the commodity picked up in April compared with prior months.
Saudi Arabia, the most influential member of the Organization of Petroleum Exporting Countries, is raising crude prices for its customers world-wide, according to Bloomberg TV.

Meanwhile, China’s imports rose to 10.42 million barrels a day in April from 9.68 million in March, according to Reuters data. Overall imports for the world’s second-largest economy and the biggest oil importer were down 14.2% from the year-ago period. However, exports from the country grew an unexpected 3.5% from the previous year.
That data combined with hope of a slowdown in production by global oil producers and a gradual revival of economies around the globe after restrictions due to the COVID-19 pandemic are lifted are expected to eventually lift crude prices.
“Oil is ruining up on hopes on rebounding demand,” wrote Peter Cardillo, chief market economist at Spartan Capital Securities in a daily research note.
West Texas Intermediate crude for June delivery CL CLM20+9.38% on the New York Mercantile Exchange, rose $2, or 8.3%, to $25.99 a barrel, after settling 2.4% lower on Wednesday, which snapped a five-session streak of gains.
Global benchmark July Brent crude UK:BRNN20+5.99%  picked up $1.54, or 5.2%, at $31.26 a barrel on ICE Futures Europe, following a 4% decline in the prior session.

The EIA reported Wednesday that U.S. crude inventories rose 4.6 million barrels for the week ended May 1. The data, which excludes changes in the SPR, marked a 15th consecutive weekly rise, but was smaller than the average increase of 7.1 million barrels forecast by analysts polled by S&P Global Platts.
Investors are also digesting the U.S. weekly jobless claims data Thursday which showed more than 3 million Americans lost employment, adding to the already 30 million figure that has been racked up over the past six weeks.
Some signs of easing tensions between China and the U.S. may also be providing a lift to crude prices, as Bloomberg News reported on Thursday that U.S. trade negotiator Robert Lightihizer and his counterpart Liu He are scheduled to have a call to discuss progress on a phase-one trade deal between the countries that had looked in jeopardy of being quashed by President Donald Trump.

Posted by tkl88 > 2020-05-08 17:29 | Report Abuse

Wow, Amazing !
Oil price continue to spike up !

As at 5.22pm,
Nymex at => $24.39 (+0.84) (+3.57 percent)
Brent at => $29.99 (+0.53) (+1.80 percent)

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-05-09 08:15 | Report Abuse

Wow, Awesome !
Dow Jones closed at = > 24,331.32 (+455.43) (+1.91 percent)

Posted by tkl88 > 2020-05-09 08:36 | Report Abuse

Wow, Fantastic !
Oil price continue to spike up to sky high!

Nymex closed at => $24.62 (+1.07) (+4.54 percent)
Brent closed at => $30.88 (+1.42) (+4.82 percent)

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-05-09 16:47 | Report Abuse

Walaoeh, Oil price going to be super bullish from now onwards !

一个月前卖不动，如今国际原油或将供应短缺！怎么回事？
https://www.baidu.com/#iact=wiseindex%2Ftabs%2Fnews%2Factivity%2Fnewsdetail%3D%257B%2522linkData%2522%253A%257B%2522name%2522%253A%2522iframe%252Fmib-iframe%2522%252C%2522id%2522%253A%2522feed%2522%252C%2522index%2522%253A0%252C%2522url%2522%253A%2522https%253A%252F%252Fmbd.baidu.com%252Fnewspage%252Fdata%252Flandingpage%253Fs_type%253Dnews%2526dsp%253Dwise%2526context%253D%25257B%252522nid%252522%25253A%252522news_9699743094647660452%252522%25257D%2526pageType%253D1%2526n_type%253D1%2526p_from%253D-1%2526innerIframe%253D1%2522%252C%2522isThird%2522%253Afalse%252C%2522title%2522%253Anull%257D%257D

金十数据
05-08 20:44百家榜创作者，金十数据官方帐号，优质财经领域作者

Posted by tkl88 > 2020-05-09 16:47 | Report Abuse

4月中旬，纽约油价惊现负值，让无数人陷入“投资扣光本金还要倒贴钱”的尴尬境地。我们刚刚被科普出现“负油价”的原因是，国际油市供应过剩。然而，不到一个月时间，有分析师就却指出，有迹象显示，国际原油市场可能很快就要从供应过剩，转为供应短缺。这到底是怎么一回事呢？

首先，我们可以从与国际原油市场关系最为密切的油轮收益情况中了解到当前乃至未来原油的供应情况。据国际航运新闻网最新报道，波罗的海国际航运公会（BIMCO）首席航运分析师指出，2020年第一季度，是近十年来大型油轮收益最高的季度之一。这主要是由于一季度油价暴跌，市场比较倾向于囤积原油，待价而沽，可囤油的油轮租金及运价就应声上涨。
据国际航运新闻网（International Shipping News）5月7日消息，近几周，全球原油油轮收益呈大幅下降趋势。短短九天内（4月22日-5月4日），从中东湾到美国湾的超大型油轮的收益就从16.24万美元/天，大跌至3.62万美元/天，降幅近八成。反证可得，这一信号可能意味着国际油市已经逐渐倾向于将原油取出使用，供应也很可能也将不再过剩。

此外，随着欧佩克（OPEC）的减产协议5月开始生效，国际油市逐渐从期货溢价（远期期货价格高于近期期货）向现货溢价（现货价格高于期货价格）转变。而国际原油市场的现货溢价鼓励投资者将石油从库存中取出使用。
此外，中国、美国等多个国家开始复工，也消耗库存原油，进一步提振了国际原油需求。据Market Watch最新公布的报告显示，近几天，由于美国能源部门连续两天抽走汽油库存，美国汽油需求在四周内又创新高。

而中国复工步伐的稳步推进，也将进一步推高原油需求。目前，中国炼化厂的生产已经恢复了70%的产能。而据美国能源情报集团（Energy Intelligence）预测，二季度，中国的能源需求将环比增长100万桶/日，增幅约为10%。

Posted by tkl88 > 2020-05-12 17:36 | Report Abuse

Wow, Fantastic !
Oil price continue to spike up !

As at 5.30pm,
Nymex at => $24.88 (+0.74) (+3.07 percent)
Brent at => $30.07 (+0.44) (+1.48 percent)

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-05-13 00:51 | Report Abuse

Wow, Amazing !
Oil price continue to spike up to sky high !

As at 12.38am,
Nymex at => $25.82 (+1.68) (+6.96 percent)
Brent at => $30.21 (+0.58) (+1.96 percent)

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-05-13 16:31 | Report Abuse

Wow, today KLSE damn hot man !
Now KLSE at => 1,399.21 (+19.28) (+1.40%) !

Posted by tkl88 > 2020-05-13 16:31 | Report Abuse

Hari Raya bull run ? Especially today you can see all the glove stocks spike up crazily !

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-05-15 03:04 | Report Abuse

Wow, Fantastic !
Oil price was superb damn hot man !

As at 2.47 am,
Nymex at => $27.46 (+2.17) (+8.58 percent)
Brent at => $31.10 (+1.91) (+6.54 percent)

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-05-16 09:46 | Report Abuse

Wow, Fantastic !
Oil price continues it’s bull run man !

Nymex closed at => $29.71 (+2.15) (+7.80 %)
Brent closed at => $32.84 (+1.71) (+5.49 %)

Posted by tkl88 > 2020-05-16 09:46 | Report Abuse

Like that next week share price for all stocks especially O & G stocks in KLSE will be spike up to sky high already !

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-05-18 10:19 |

Post removed.Why?

Posted by tkl88 > 2020-05-18 18:42 | Report Abuse

Wow, Fantastic !
Oil price continues to spike up to sky high man !

As at 6.30pm,
Nymex at => $31.56 (+2.04) (+6.91 %)
Brent at => $34.30 (+1.80) (+5.54 %)

Posted by pennywise2308 > 2020-06-03 01:37 | Report Abuse

Why this counter so quiet le? Isnt it a cash rich company with good fundamental??

Posted by kaycee > 2020-06-03 16:35 | Report Abuse

looking good for a rebound

Posted by Candlesticks > 2020-06-03 22:07 | Report Abuse

if oil up tonight, tomorrow has potential to surge. glove stock mania is dwindling. the next focus should be oil and gas related.

Posted by sharewiz118 > 2020-06-07 21:54 | Report Abuse

Oil and Gas your turn to fly

Posted by Candlesticks > 2020-06-08 17:52 | Report Abuse

hopefully tomorrow will have some positive movement.

Posted by GENM2020 > 2020-06-09 10:42 | Report Abuse

___ No power


Candlesticks hopefully tomorrow will have some positive movement.

Posted by GENM2020 > 2020-06-09 10:44 | Report Abuse

Can RUN faster RUN

Posted by Candlesticks > 2020-06-09 10:59 | Report Abuse

too bad no volume, sharks are not coming to makan.

Posted by GENM2020 > 2020-06-09 11:43 | Report Abuse

Better watch a boring movie

Candlesticks too bad no volume, sharks are not coming to makan.
09/06/2020 10:59 AM

Posted by GENM2020 > 2020-06-10 07:38 | Report Abuse

Brent Crude oil price drop again sigh .... like that how to fly ?

Posted by GENM2020 > 2020-06-12 08:24 | Report Abuse

so today gap down how much ? able to stay RM0.60 ?

Posted by GENM2020 > 2020-06-12 08:25 | Report Abuse

the Dow plunging more than 1,850 points,no way to run now, either you cut loss or keep in ice box for 1 year.

Posted by GENM2020 > 2020-06-15 07:15 | Report Abuse

oil companies cannot sustain long with oil price below 40 pb. By hook or by crook they will push the price above 40 to sustain themselves.

Posted by GENM2020 > 2020-06-15 07:17 | Report Abuse

U decided , it's your money. For me I will collect in stage, first 30-40sen, if drop more, collect more, we can't say at this moment what price, Because we don't know how deep the Dow and Brent will reach.

Posted by GENM2020 > 2020-06-15 08:57 | Report Abuse

Oil posts worst week since April, snaps 6-week winning streak

Posted by GENM2020 > 2020-06-15 08:58 | Report Abuse

Trapps Everyone wait to collect even lower... Me too..now i go for other counter first..forex and gold ...renewable energy will be the future foresee..

Posted by GENM2020 > 2020-06-15 09:02 | Report Abuse

Oil price down badly again. Need to see how today.