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

gankm

114 posts

Posted by gankm > 2013-04-09 10:06 | Report Abuse

being shoot down to the ground again... Is testing our patient..

cariyoyo

132 posts

Posted by cariyoyo > 2013-04-10 12:21 | Report Abuse

buy coastal for long term. the business will improve over time due to greater O&G play. buy and keep for one year and you will never regret.

lmf_hau

674 posts

Posted by lmf_hau > 2013-04-24 14:24 | Report Abuse

Sin Chew Press

沿海工程獲4.34億訂單

大馬即時大馬財經 2013-04-24 13:20

(吉隆坡24日訊)沿海工程(COASTAL,5071,主板工業產品組)接獲總值4億3千400萬令吉訂單,以銷售7艘岸外支援船艦及兩艘油駁船艦。

該公司發表文告指出,上述船艦將在2013至2014年間交到客戶手中,而買家除了有本地公司,也來自歐洲及非洲。

至今沿海工程已持有7億2千萬令吉訂單,可忙碌至2014年。(星洲網)

Link - http://biz.sinchew.com.my/node/73824

lmf_hau

674 posts

Posted by lmf_hau > 2013-04-24 14:25 | Report Abuse

Nan Yang Press

沿海工程获4.34亿订单

财经新闻财经 2013-04-24 09:57

(沙巴23日讯)沿海工程(Coastal,5071,主板工业产品股)向马交所报备,获得总值4亿3400万令吉的7艘岸外支援船(OSV)和2艘驳船的订单。

沿海工程的文告指出,独资子公司———沿海岸外(纳闽)私人有限公司和Thaumas Marine私人有限公司,分别获得来自荷兰、西非、大马、意大利和挪威买家的船只订单。

上述船只预料在2013年和2014年陆续交到买家手中,并预料贡献截至2013年12月31日和2014年12月31日财年的净利。

截至目前,沿海工程手中持有总值7亿2000万令吉的船只订单。

沿海工程执行主席黄振兴表示:“刚获得的合约是自我们2003年上市以来,总值最大的订单,而且还获得数位新客户,也借此进军把我们带到新市场如西非和挪威。”

黄振兴补充,2013年的油气领域走俏,所以对岸外支援船领域复苏充满信心,预料业绩会因此而表现出色。

Link - http://www.nanyang.com/node/527929?tid=761

Posted by Lawrence Lai > 2013-04-27 10:25 | Report Abuse

amanah saham and tabung haji are accumulating this stock

gankm

114 posts

Posted by gankm > 2013-05-08 12:16 | Report Abuse

vromm.. vromm.. is coming...

einvest88

416 posts

Posted by einvest88 > 2013-05-08 12:52 | Report Abuse

if 2day close above 2.10 then hor say leow

gankm

114 posts

Posted by gankm > 2013-05-09 10:54 | Report Abuse

ya, today still maintain above 2.10, maybe got chance to go higher..

gankm

114 posts

Posted by gankm > 2013-05-09 15:22 | Report Abuse

come on, fly high high...

loh1234

81 posts

Posted by loh1234 > 2013-05-10 09:09 | Report Abuse

got more energy to push further or notttt.

33448923

487 posts

Posted by 33448923 > 2013-05-10 14:04 | Report Abuse

废人一个!!!!

cariyoyo

132 posts

Posted by cariyoyo > 2013-05-13 10:12 | Report Abuse

Dear All,

Please buy Coastal if you do have some spare cash. The counter has been laggard for the past 13 months after issuance of bonus and warrants. A major investor sold his stake then but they are now returning to buy. On top of that, Coastal is poised to have more business due to more activities in O&G biz.

Do buy if you have spare cash to invest for 4 months. The price will then be RM3

buybuybuy

695 posts

Posted by buybuybuy > 2013-05-13 10:22 | Report Abuse

Be careful, The share might go to price correction so invest wisely.

Posted by Lawrence Lai > 2013-05-14 14:09 | Report Abuse

sold today. believe there is correction coming which might bring the price down to 2.07-2.10

einvest88

416 posts

Posted by einvest88 > 2013-05-14 14:25 | Report Abuse

coastal...tabung haji buy the share like no 2molo...time to go up..pe so low....upside is huge

kcfan

1,881 posts

Posted by kcfan > 2013-05-18 15:17 | Report Abuse

Kenanga Research also indicated counters such as Coastal Contracts and Pantech Group Holdings seem to be lagging behind the current bullish trend, pegging their target prices at RM2.90 and RM1.18, respectively, with “outperform” ratings.

KC Loh

13,701 posts

Posted by KC Loh > 2013-05-20 11:04 | Report Abuse

well done kcfan. You really can spot good counters!

kcfan

1,881 posts

Posted by kcfan > 2013-05-20 13:27 | Report Abuse

Game just started on this counter.Let's focus.No thanks.

cariyoyo

132 posts

Posted by cariyoyo > 2013-05-21 14:46 | Report Abuse

please take note that coastal should be picked up by investors' radar soon. my target price for coastal is RM3 within 2 months.

imoogi99

1,640 posts

Posted by imoogi99 > 2013-05-28 17:21 | Report Abuse

Too heavy to move meh??? Guess it need turbo power triple engine to move.

ulalar

76 posts

Posted by ulalar > 2013-05-29 09:59 | Report Abuse

even coastal also moving

imoogi99

1,640 posts

Posted by imoogi99 > 2013-05-29 10:09 | Report Abuse

Finally breakout....turbo power engine installed.

Posted by Kelvin Lai > 2013-05-29 10:34 | Report Abuse

good circle has come, going to fly

gankm

114 posts

Posted by gankm > 2013-05-29 12:28 | Report Abuse

vromm... kenanga upgrade from hold to buy... fly to RM3.00...

imoogi99

1,640 posts

Posted by imoogi99 > 2013-05-29 14:08 | Report Abuse

Kenanga 2.90, RHB 2.33...so average is 2.62. Still got room to move.

kcfan

1,881 posts

Posted by kcfan > 2013-05-29 15:13 | Report Abuse

Coastal you lagging so much on Oil and Gas section.Is your show time on today onwards.

Posted by Frank Leong > 2013-05-29 16:16 | Report Abuse

can't fly higher, run out of steam a bit

imoogi99

1,640 posts

Posted by imoogi99 > 2013-05-29 21:22 | Report Abuse

Oops...installed wrong under power engine.

Alex King

99 posts

Posted by Alex King > 2013-06-05 09:52 | Report Abuse

start now i help pull abit

Alex King

99 posts

Posted by Alex King > 2013-06-05 15:27 | Report Abuse

i eat full le

imoogi99

1,640 posts

Posted by imoogi99 > 2013-06-05 22:41 | Report Abuse

Good recovery today...is the big boys in today? See if tomorrow can punch through the ceiling.

Posted by teor cheosoon > 2013-06-10 22:47 | Report Abuse

tabung haji is selling

Posted by Frank Leong > 2013-06-18 16:14 | Report Abuse

now who's buying?

gankm

114 posts

Posted by gankm > 2013-06-18 16:33 | Report Abuse

be patient...

kcfan

1,881 posts

Posted by kcfan > 2013-06-18 23:22 | Report Abuse

沿海工程(COASTAL,5071,主板工業產品組)進軍升降式鑽油平台業務領域,這將可改善其重複性收入,提昇公司價值鏈及多元化旗下業務。
黃氏唯高達指出,沿海工程收購的升降式鑽油平台,料將在2014年次季交貨。管理層計劃將鑽油平台外包,因為該公司缺乏經營鑽油機專業。該公司是以2億美元(約6億令吉)收購鑽油平台,主要是內部資金及貸款融資。
負債率仍比同儕低
該行指出,若是沿海工程以30:70的現金與貸款比例融資收購鑽油平台,這將使該公司的負債率增加至0.4倍。這依然比同儕來得低,如貝利賽(PERISAI,0047,主板貿服組)為0.6倍,以及合順油氣則為0.9倍。
沿海工程賺錢能力加強,主要獲得現有岸外船只建造業務支撐。
該行指出,假設該公司以目前現有出租率攫取合約,預料每年營業額將介於1億6千萬令吉,雖然其營運盈利賺幅比鑽油平台擁有者/經營者較低。假設該公司取得保守的15%賺幅,預料鑽油平台領域將為2012年財政年營運盈利,作出約20%份額。
截至2013年4月為止,該公司的岸外船只建造領域的工程合約達到7億2千萬令吉,仍是主要的營收來源,料可支持至2014年。
隨著該公司進軍升降式鑽油平台領域,將獲更高本益比估值,主要是涉足成長更為強勁領域,以及有能力營造重复營收及盈利。
該行將其2015年財政年淨利預測上調7%,並給它“買進”評級,目標價上調至2令吉70仙。該行預測其2013年淨利為1億3千900萬令吉,2014年為1億6千300萬令吉,以及2015年為1億9千400萬令吉。(星洲日報/財經)http://biz.sinchew.com.my/node/77065?tid=18

tigerroar

542 posts

Posted by tigerroar > 2013-06-21 10:18 | Report Abuse

Thanks kcfan. Im waiting for right time to collect.

Drachen

249 posts

Posted by Drachen > 2013-06-21 16:50 | Report Abuse

A sudden 0.62 sen drop on 50,802.

Posted by houseofordos > 2013-06-21 16:51 | Report Abuse

what the hell !!

ksng0307

1,038 posts

Posted by ksng0307 > 2013-06-21 16:52 | Report Abuse

shit

loh1234

81 posts

Posted by loh1234 > 2013-06-21 16:53 | Report Abuse

wa. what happen?!

Posted by houseofordos > 2013-06-21 16:53 | Report Abuse

something wrong with TDM as well

kjk85

260 posts

Posted by kjk85 > 2013-06-21 17:06 | Report Abuse

foreign fund fleeing ?

gordan85

91 posts

Posted by gordan85 > 2013-06-21 17:08 | Report Abuse

but jcy digi limit up last min, bursa kena hacked? haha

mcbaomc

1,343 posts

Posted by mcbaomc > 2013-06-21 17:12 | Report Abuse

LOL!!! Blackout just now?

Posted by Lawrence Lai > 2013-06-21 18:18 | Report Abuse

must be hacked! a lot of counters were limit up and down!!! damn it !! this is my biggest holding

33448923

487 posts

Posted by 33448923 > 2013-06-21 23:09 | Report Abuse

what the fuxk

33448923

487 posts

Posted by 33448923 > 2013-06-21 23:11 | Report Abuse

OOOOOOOMMMMMMMMMMMMMGGGGGGGGGGGGGG

necro

4,726 posts

Posted by necro > 2013-06-22 13:15 | Report Abuse

Lee TG

This is interesting, and this stock is exactly opposite to JCY. this is nearly limited down and nothing Bursa can do as the seller can say any reason like wrong key in. The reasons that I can think of are: wrong key in by funds and manipulation to drive the price down. Manipulation is possible if we look at the past three years of the chart where there were accumulation around 1.65 - 2.00 for nearly one year from June 2012.

Now using logic what SM can do: Note that the average of SM could be much lower than 2.0. What SM can do is to put all the queues at 1.65 and below, and certainly no retail investors would queue to buy at that low price, or even below 2.00 during this bearish sentiment. Well, what they can do is during pre close put a big block to sell at 1.48, and those buying higher than 1.48 would be able to buy at their queue price, that is, if a trader queued at 1.99, the trader would get the stock at 1.99 and so on.

The sell down like this is possible as I can see that coastal had been manipulated once during 2012 Mar - June 2012 AND in January 2011 - Oct 2011. So this is to me a SM favourite stock to round up the herd for slaughtering

What could be next?
If it was a genuine error, the price should return to above 2.00 on Monday. If it was really a sell down, then likely it will take time for the stock to move up, perhaps gap up from 1.8 the most, and SM may accumulate again when more investors are cutting losses, and perhaps another round next year.

If you are not able to detect SM in action, better not to trade or invest this stock as you cannot follow SM to make money

Posted by screwdriver > 2013-06-22 13:37 | Report Abuse

Erm Who is SM?

Tipster

752 posts

Posted by Tipster > 2013-06-22 15:05 | Report Abuse

smart money!!! or smart monkeys!!!

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