Posted by Jolly Mypet > 2012-06-11 10:27 | Report Abuse

ha what is coming ? they just want to buy back their stocks to enhance the stock value and +DI -DI ADX looks pretty good !

Posted by investor77 > 2012-06-13 23:18 | Report Abuse

can keep this share as fundamentals are good.

Posted by jacklew > 2012-06-15 16:33 | Report Abuse

Fat Cat: what does it means by pink colour transaction??

Posted by taiong59 > 2012-06-15 18:23 | Report Abuse

ya..especially the last minutes transaction with high volume over millions rinngit transaction....who could it be?

Posted by Jolly Mypet > 2012-06-15 19:09 | Report Abuse

"phantom "

Posted by kcfan > 2012-07-10 20:35 | Report Abuse

Maintain Buy. Our fair value for Coastal remains unchanged at RM2.50, based on the
existing PER of 7x FY12 earnings. We are of the view that it would be a matter of time
before Coastal's yard is converted into other O&G uses besides shipbuilding given the
persistent sluggishness in newbuilds, especially low-end vessels in general, as well as
offshore support vessels. There will still be demand for the bigger rigs since the oil majors
may want to capitalise on the lower cost resulting from the global economic slowdown.
However, the case may not be the same for OSVs as rigs cost a lot more than OSVs.
Under such a scenario, the oil majors may not be in a hurry place new OSV orders.

Posted by kcfan > 2012-07-10 20:58 | Report Abuse

Coastal Engineering (COASTAL, 5071, the main board of Industry) 400 million to 46 million ringgit project into bags orders worth over 500 million ringgit.

　The company today to the Malaysian stock exchange filing, a wholly-owned subsidiary of Coastal Engineering in a total of 10 offshore support vessels and two low-level vessel sales contracts, worth 400 million to 46 million ringgit.

　Filing paper noted that the new contract turnover is calculated and adjusted, it is expected that companies ship orders up to 500 million to 83 million ringgit, will allow the company continued to busy to 2013.

　These contracts will push up the fiscal year December 31, 2012 and December 31, 2013 fiscal year net per share earnings.

Posted by buybuybuy > 2012-07-10 22:17 | Report Abuse

Bought few lots today. Expect this share goes up with this exciting news.. good fundamental stock with good dividend pay out..

Posted by talk2pkc > 2012-07-10 22:28 | Report Abuse

can't goog wrong over the next 12 months , good Net Assets and excellent sales performance ...... hopefully it will go back to its high around 2.30/2.40 and that will b round 2 for me , I pray , ha ha

Posted by buybuybuy > 2012-07-11 00:38 | Report Abuse

trading buy call. Don't miss this golden chance. Target price 2.50 and dividend declare by next month.

Posted by stella teo > 2012-07-11 10:03 | Report Abuse

now is a good time to accumulate. go coastal!

Posted by megarich > 2012-07-11 11:08 | Report Abuse

Better prospects on oil and gas (O&G) recovery in 2013 and moving up the value chain. Upgrade to BUY with higher RM2.50 TP.

Posted by Stephen Baster > 2012-07-11 13:59 | Report Abuse

couldn't have agreed more. rm2.50 it is.

Posted by alex777 > 2012-07-12 11:06 | Report Abuse

the share price did not get a boost from the recent osv sales. not sure anyone got any insight into this?

Posted by stella teo > 2012-07-12 17:48 | Report Abuse

hmmm weird case scenario. still a good fundamental company price pushed down after few rally. dividend soon?

Posted by Frank 88 > 2012-07-12 19:00 | Report Abuse

ya..will declare dividend soon

Posted by stella teo > 2012-07-12 19:59 | Report Abuse

Frank 88, mind sharing link for the news?

Posted by stella teo > 2012-07-12 21:45 | Report Abuse

last year divident also around july august so i guess should be around the corner

Posted by Stephen Baster > 2012-07-12 23:03 | Report Abuse

yup weird indeed. probably syndicate accumulating at a lower price.

Posted by megarich > 2012-07-13 12:13 | Report Abuse

Coastal Contracts climbs on vessel job.

Posted by Stephen Baster > 2012-07-13 12:31 | Report Abuse

last week news?

Posted by stella teo > 2012-07-13 15:03 | Report Abuse

come liao! gogogo!

Posted by buybuybuy > 2012-07-16 18:26 | Report Abuse

Start to fly lol.. don't miss this trading buy call tomorrow..

Posted by alex777 > 2012-07-24 15:50 | Report Abuse

zzzzzZZZZZZZZZZZZZZZ

Posted by sonnahar > 2012-07-24 22:33 | Report Abuse

1.90-1.93 is a big discount for this counter

Posted by megarich > 2012-07-31 11:07 | Report Abuse

Start to accumulate this share because this share going to announce the great dividend in august.

Posted by joker > 2012-08-03 13:43 | Report Abuse

what is the divided yield for this stock?

Posted by sonnahar > 2012-08-08 15:27 | Report Abuse

Oversold. Should trend upward from now on

Posted by sonnahar > 2012-08-14 08:04 | Report Abuse

RM141mil new contracts secured

Posted by megarich > 2012-08-14 09:00 | Report Abuse

Coastal will test 1.94 resistance today. Can invest this share if you have the capital.

Posted by gankm > 2012-08-14 23:06 | Report Abuse

hope can break RM2.00 ...

Posted by sonnahar > 2012-08-15 07:44 | Report Abuse

Tremding up, stong fundamentals

Posted by kcfan > 2012-08-15 08:01 | Report Abuse

Yes,good fundamental stock must keep.

Posted by kilrathi > 2012-08-16 19:00 | Report Abuse

Coastal has broken above the 20MA, and holding strong ... i think can revisit rm 2.10 in coming days .. :)

Posted by qianhuik22 > 2012-08-28 01:32 | Report Abuse

any comments on this stock...seems to just hover below rm2 with no sign of break through. is the financial report good?

Posted by Blangkat Ahmad Basimin > 2012-08-28 09:12 | Report Abuse

report ok. dividend below what people wishing for

Posted by mcd123 > 2012-08-28 09:22 | Report Abuse

Ya lah. A bit dissappointed...Maybe got to hold a bit longer.

Posted by raviy2k13 > 2012-08-28 09:43 | Report Abuse

Posting of "RM141mil new contracts secured" is a deception to shore up the share price by some unscruplous insiders. Ranjit Singh should take action against such companies which are aplenty nowadays.

Posted by raviy2k13 > 2012-08-28 09:45 | Report Abuse

BTW, bet price $1.65

Posted by damonjun11 > 2012-08-28 10:25 | Report Abuse

hope it will do much better in the next quarter.

http://biz.thestar.com.my/news/story.asp?file=/2012/8/28/business/20120828085942&sec=business

the star news.

Posted by kcfan > 2012-08-29 21:50 | Report Abuse

Kenanga Research Sets Coastal Contracts To Outperform
Kenanga Investment Research set the target price of Coastal Contracts to RM2.50 with an Outperform call. The company’s target price was based on an unchanged 7.5 times targeted price-to-earnings ratio (PER), which is in-line with other small-cap oil and gas stocks ascribed to the same PER target. Coastal Contracts posted a second quarter net profit at RM28.9mil.This in turn leads the first half of FY12 net profit to RM59.7mil which makes up 40 percent of the research house’s full year estimate of RM148.4mil. Nonetheless, this is only 35 percent of the consensus estimate at RM168.7mil where the variance is mainly due to the current year’s lower-than-expected first quarter performance, which was dampened by extensive discounts. According to Kenaga Research, Coastal Contracts management is optimistic for stronger results in the second half FY12 results on the back of higher-margin vessel deliveries.

Significance: Coastal Contracts is an investment holding company that deals primarily in two segments which is ship manufacturing plus repairing services along with ship chartering and equipment hire. As of current, the company has secured RM711mil worth of ship orders awaiting delivery up till 2013.

Posted by soon9913 > 2012-09-03 16:05 | Report Abuse

Although the recent financial result was not as good as last year, but EPS was still good. I think this share is still worth to keep.

Posted by buybuybuy > 2012-09-21 06:35 | Report Abuse

Another new contract(111million) sales which has push the company contract to 743 million this year. This share has a very good return and believe the EPS will push up again due to new contract earning. Target price 2.50 and the price will back to 2 mark very soon.

Posted by awiiss > 2012-09-21 08:20 | Report Abuse

yes, one of koon yew yin's fav stocks

Posted by buybuybuy > 2012-09-21 11:54 | Report Abuse

Good dividend and has a very good potential. Target price 2.50.

Posted by buybuybuy > 2012-09-21 13:40 | Report Abuse

Secure 111 million vessel contract. Good news are keep coming out. Time to buy this share when the price is still low. Target price 2.55

Posted by buybuybuy > 2012-09-24 09:06 | Report Abuse

Trading buy call on coastal which will climb back to 2 mark within this week.

Posted by buybuybuy > 2012-09-24 11:44 | Report Abuse

slowly collecting the share because the price is very attractive.

Posted by damonjun11 > 2012-09-24 16:01 | Report Abuse

can anyone explain why there are people trading in 1 lots / 2 lots ?

Posted by buybuybuy > 2012-09-24 17:53 | Report Abuse

might have secure more contracts in next two months. should buy the share now when the price still low. Target price 2.55