COASTAL CONTRACTS BHD

KLSE (MYR): COASTAL (5071)

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Last Price

1.54

Today's Change

+0.06 (4.05%)

Day's Change

1.48 - 1.54

Trading Volume

102,700


15 people like this.

3,436 comment(s). Last comment by Dehcomic01 2 months ago

Posted by wallstreetrookie > 2022-06-06 20:59 | Report Abuse

For prop traders, must avoid Hengyuan until 25 - 30 June 2022

Posted by wallstreetrookie > 2022-06-06 21:14 | Report Abuse

Hengyuan is a hedge against crude oil. Crude oil dropping to below 100$, then Hengyuan will fly, crack spread will hold.

Posted by wallstreetrookie > 2022-06-06 21:15 | Report Abuse

Coastal is a hedge for crude oil to go up above 200$

Posted by wallstreetrookie > 2022-06-06 21:15 | Report Abuse

I don't think Hengyuan's story is over. The short term technical indicators for Hengyuan look weak, but the set-up looks amazing. They are waiting for crude oil to fall.

Posted by wallstreetrookie > 2022-06-06 21:16 | Report Abuse

Buy Hengyuan after a month. Write down in your calendar. Re-enter Hengyuan only after 30 June 2022. Good luck. Hopefully my prediction holds true

Posted by wallstreetrookie > 2022-06-06 21:18 | Report Abuse

Energy stocks are very complicated to trade. Lots of uncertainty. Cartel manipulating prices. Russo-Ukrainian war looming ahead. If crude oil keeps going up, Hengyuan will die

Posted by wallstreetrookie > 2022-06-07 10:20 | Report Abuse

"Where the skies are blue (woah, yeah)
To see you once again
Overseas, from coast to coast
To find the place I love the most
Where the fields are green
To see you once again
My love"
Coast to Coast by Westlife - Music Lyrics

brian3381

1,888 posts

Posted by brian3381 > 2022-06-07 11:06 | Report Abuse

sold 192. thx for the contra gain

Posted by wallstreetrookie > 2022-06-07 12:36 | Report Abuse

Management also dumping. This does not look good right? @pang72

Posted by wallstreetrookie > 2022-06-07 16:38 | Report Abuse

I told you already, Hengyuan do not buy until end of June

Posted by wallstreetrookie > 2022-06-07 16:38 | Report Abuse

A lot of people still got trapped today in Petronm

Posted by wallstreetrookie > 2022-06-07 16:48 | Report Abuse

Are you sure? Should Wait until crude oil to stablise before buying Petronm and hengyuan @pang72 lol

Posted by wallstreetrookie > 2022-06-07 16:48 | Report Abuse

June 30th

Posted by wallstreetrookie > 2022-06-07 16:51 | Report Abuse

Hold Coastal

brian3381

1,888 posts

Posted by brian3381 > 2022-06-07 21:45 |

Post removed.Why?

Posted by wallstreetrookie > 2022-06-08 09:54 | Report Abuse

Someone bought 1 million Coastal shares at RM2.00

Michael Kwok

6,445 posts

Posted by Michael Kwok > 2022-06-08 10:16 | Report Abuse

Sell coastal rm 1.99.buy back second half days.now wednesday 8/6/2022
Hourly overbought.

subwayzzz

1,063 posts

Posted by subwayzzz > 2022-06-08 10:19 | Report Abuse

bojio

subwayzzz

1,063 posts

Posted by subwayzzz > 2022-06-08 10:46 | Report Abuse

hahaha

Posted by wallstreetrookie > 2022-06-08 12:25 | Report Abuse

Facebook guru promoting Coastal. RIP

Posted by wallstreetrookie > 2022-06-08 12:26 | Report Abuse

This is so weird. If you have found a good stock, stop promoting it on FACEBOOK. Omg these people

Posted by wallstreetrookie > 2022-06-08 12:30 | Report Abuse

If you promote on Facebook, you are actively damaging the liquidity. Everyone would be fighting for the same liquidity. This is why I never share my strategies on Facebook. A bunch of dumb traders there. Stop promoting

subwayzzz

1,063 posts

Posted by subwayzzz > 2022-06-08 13:58 | Report Abuse

so u contrarian?

Posted by wallstreetrookie > 2022-06-08 18:22 | Report Abuse

No, stop promoting ffs

Posted by wallstreetrookie > 2022-06-08 18:23 | Report Abuse

Some Facebook gurus like to show off their investing skills by finding "uptrend" stocks. I hate that but I won't sell Coastal just because someone is actively promoting it. These Facebook gurus just squeezing the liquidity dry

brian3381

1,888 posts

Posted by brian3381 > 2022-06-08 19:46 |

Post removed.Why?

brian3381

1,888 posts

Posted by brian3381 > 2022-06-08 22:19 |

Post removed.Why?

brian3381

1,888 posts

Posted by brian3381 > 2022-06-09 22:50 |

Post removed.Why?

Posted by wallstreetrookie > 2022-06-12 15:06 | Report Abuse

Hengyuan hit my target of RM5.80. Pang72 must be rich if he short-sells lmao. Convert Hengyuan shares and buy Coastal. avoid Hengyuan until 25 - 30 June 2022

Posted by wallstreetrookie > 2022-06-12 15:09 | Report Abuse

Coastal Maintain Hold
With a medium term hold at RM1.70 and a long term price target of RM2.20
Load up and buy if it drops below RM1.70

Posted by wallstreetrookie > 2022-06-12 15:14 | Report Abuse

If crude oil keeps going up and refining margin flattens, Hengyuan profit margin will get destroyed. Hengyuan is a chinaman company with terrible management, resting on their laurels. Coastal has much better institutional support and less short-selling activities.

Best Oil and Gas Stocks on Bursa
No 1 is still Hibiscus. Hibiscus is the best energy stock due to its oil exploration business segment. Coastal is No 2 simply because of its good profit margins thanks to the recent boom in marine oil and gas activities as well as the contract awarded in Mexico.
Coastal Contract received a contract worth RM4.5billion in Mexico during December 2021
"Coastal has set foot in Mexico since the year 2013 when Coastal first signed the bareboat charter agreement for Agosto 12, a jack-up gas compression service unit of Pemex."

VTrade

2,434 posts

Posted by VTrade > 2022-06-13 13:02 | Report Abuse

Hy jatuh besar
Sini masih heaven compare petromn

VTrade

2,434 posts

Posted by VTrade > 2022-06-13 13:03 | Report Abuse

Many ingat petronmn and HY
Cheap maybe

Posted by wallstreetrookie > 2022-06-14 09:30 | Report Abuse

Buy Coastal first, then re-enter Hengyuan on 30 June 2022

Posted by wallstreetrookie > 2022-06-14 09:32 | Report Abuse

Seriously don't buy Hengyuan first. Oil and gas strategists estimate that crude oil will drop at the middle of Q3 2022. Hengyuan is a hedge against oil

Posted by wallstreetrookie > 2022-06-14 12:13 | Report Abuse

It is too early to buy Hengyuan. People still won't believe. VTrade distributing Hengyuan again

Posted by wallstreetrookie > 2022-06-14 12:20 | Report Abuse

I have blacklisted all the stocks mentioned by VTrade. Everytime this fella opens his mouth, the stock drops by 10 bids

Posted by wallstreetrookie > 2022-06-14 15:13 | Report Abuse

Average up!

Posted by wallstreetrookie > 2022-06-14 15:14 | Report Abuse

Crude oil will peak in Q3 2022. 140$ incoming

Posted by wallstreetrookie > 2022-06-14 17:16 | Report Abuse

I just checked the crude oil options on my bloomberg terminal. Rising option volume and oil forecast showing downtrend at the end of 2022. Hengyuan will be a good buy soon but not now

Posted by wallstreetrookie > 2022-06-14 17:16 | Report Abuse

I just checked the crude oil options on my bloomberg terminal. Rising option volume and oil forecast showing downtrend at the end of 2022. Hengyuan will be a good buy soon but not now

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-06-15 10:34 | Report Abuse

This company continues to gain / win contracts in Brazil.

Ship building (OSV) is no longer its main business.

However, capital intensive business.

Balance sheet is healthy. Business model is competitive.

subwayzzz

1,063 posts

Posted by subwayzzz > 2022-06-15 13:28 | Report Abuse

global market sentiment is bad

Posted by wallstreetrookie > 2022-06-15 13:53 | Report Abuse

Do not buy Hengyuan, hedge it with Coastal Contract

Posted by wallstreetrookie > 2022-06-15 13:53 | Report Abuse

Get ready to reload below RM1.70

Posted by wallstreetrookie > 2022-06-15 15:05 | Report Abuse

Can we please send some condolences to the Hengyuan holders

Posted by wallstreetrookie > 2022-06-15 15:09 | Report Abuse

Will Coastal Contract return profit to their shareholders in the form of dividends after so many years of underperformance? We will see

Posted by wallstreetrookie > 2022-06-15 15:11 | Report Abuse

1.00 DPS

Posted by wallstreetrookie > 2022-06-16 15:24 | Report Abuse

Two more weeks until buy the dip on Hengyuan

MrsLee

977 posts

Posted by MrsLee > 2022-06-16 16:15 | Report Abuse

keep dropping....

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