COASTAL CONTRACTS BHD

KLSE (MYR): COASTAL (5071)

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Last Price

1.44

Today's Change

-0.02 (1.37%)

Day's Change

1.41 - 1.48

Trading Volume

128,700

Additional Listing


Ann. Date Date Type Units Price View
Discussions
15 people like this. Showing 50 of 3,436 comments

Jerichomy

Haha

2023-05-26 00:10

Jerichomy

Post removed.Why?

2023-05-26 00:11

Jerichomy

Post removed.Why?

2023-05-27 01:58

Bon888

Post removed.Why?

2023-05-27 07:21

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

To recap, Coastal still holds 100% shares in JV company Coastoil Dynamic S.A.De C.V. (CDSA) that owns the Papan and Perdiz projects at Mexico. The transfer of JV partner Nuvoil group’s 50% stake in CDSA is expected to complete by 2HCY23. For now, Coastal recognises 100% of CDSA’s profits as its JV profit. Upon completion of the share transfer, accrued JV profit will be transferred back to Nuvoil.
Note that the 9M comparison may not be meaningful as the group applied equity accounting method on CDSA in 3QFY22.

2023-05-27 07:48

Jerichomy

Post removed.Why?

2023-05-27 10:51

Jerichomy

Post removed.Why?

2023-05-27 10:52

Bon888

Jerichomy really? You working in oil and gas industry? You cook half boiled eggs for the offshore workers?

2023-05-27 11:18

Jerichomy

Post removed.Why?

2023-05-27 12:48

Bon888

Tell me about your oil and gas experience lah else I guess you can only cook half boiled eggs in the barge for the offshore workers because your brain also half boiled.

2023-05-27 14:46

Jerichomy

Post removed.Why?

2023-05-28 14:40

Jerichomy

Post removed.Why?

2023-05-28 14:42

Jerichomy

Post removed.Why?

2023-05-28 14:44

i3lurker

500% profits

of course all types of sharks will dump

2023-05-28 15:58

Jerichomy

Haha

i3lurker
500% profits

of course all types of sharks will dump
32 minutes ago

2023-05-28 16:32

investopology

The coastal company keep on share buy back, but the share price keep on dropping, any issue?

2023-06-11 07:02

speakup

Reminds me of Topglove

2023-06-11 08:37

investopology

Haha you better be silent than speak up😂

2023-06-12 20:43

Huat 888

slowly collecting...anytime goin to fly

2023-06-14 15:44

Jerichomy

Post removed.Why?

2023-06-26 23:41

Jerichomy

Haha peng lam and get stuck

investopology
The coastal company keep on share buy back, but the share price keep on dropping, any issue?
1 month ago

speakup
Reminds me of Topglove
1 month ago

investopology
Haha you better be silent than speak up😂
1 month ago

Huat 888
slowly collecting...anytime goin to fly
1 month ago

2023-07-24 15:33

Jerichomy

Post removed.Why?

2023-07-24 21:11

8u29song

why coastal no good now ahh

2023-09-06 15:31

8dragon

Buy @ 1.85...

2023-09-14 10:48

James_Bond

Hi Pang. Coastal story sounds interesting. I m afraid it might be another serbak 2.0 coz all investments outside Malaysia. Be careful.

2023-10-23 12:19

silentWolf

how abt now? hehe

2023-11-02 08:54

Tomrider

why drop 10%

2023-11-23 10:01

Tibbers

wah coastal want follow pertama is it waterfall.

2023-11-23 11:14

James_Bond

I m right again! Haha!

2023-11-23 12:10

James_Bond

Another Serbak 2.0! Short coastal at all cost to earn back your losses!

2023-11-23 12:10

TonsilBasher

its a buying oppurtunity. easily up. remember this was the best under billion company voted by the edge.

2023-11-23 13:28

soon9913

next stop is RM1.50?

2023-11-23 15:38

KingKoil

Time to sail

2023-11-30 21:24

Dehcomic01

I bought Coastal a year before Covid-19 and sold it early last year. I have 2 Bursa energy services companies that I use as references when hunting for companies in this sector – Deleum and Dayang. https://ujianehc.blogspot.com/2023/12/dayang.html
I the past these 2 companies ROE outperformed that of Coastal but over the past 2 to 3 years, Coastal ROE have overtaken them.
When I look at the ROE vs share price trend, I found that currently they are diverging – the ROE is going up while prices are declining. https://i.postimg.cc/JhVF7spg/Coastal.png
Is this another opportunity to go in?

2023-12-11 09:47

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

SSLee rightly pointed out the huge loans advanced to its customers and the AR. The company has to impair a lot of the AR.

2024-03-01 12:09

Michael Kwok

Coastal contract 1.56
Tp 1.10 range
Its not just impairment but weaknesses of Asia economy china,japan.
4/3/24 8.57pm

2024-03-04 20:57

TonsilBasher

why on earth they go into tourism???

2024-03-16 21:47

8u29song

steady....

2024-03-19 10:30

5354_

0 dividend >RM 1.5 not 11 sen dividend Penergy?

2024-03-20 09:48

8u29song

come on...NTA 3.25...

2024-03-21 15:52

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Fiscal year is July-June. All values MYR Millions. 2023 2022 2021 2020 2019
TOTAL EQUITY 1,823 1,359 1,105 1,086 1,177
TOTAL ASSET 2,112 2,016 1,399 1,556 1,648

CASH AND EQUIVALENT 185 239 275 524 503
ST DEBT & CURRENT PORTION OF LT DEBT 45 344 44 242 63
LT DEBT 43 120 50 35 231
TOTAL DEBT 88 464 94 277 294
NET CASH (DEBT) 97 -225 181 247 209

ACCOUNT RECEIVABLE 1,056 784 192 166 177
ACCOUNT PAYABLE 149 141 135 136 130



Balance Sheet is surprisingly strong.

2024-04-21 21:38

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

COASTAL

FISCAL YEAR ENDING 2023 2022 2021 2020 2019
PRICE 1.50 2.47 1.37 0.69 1.32

MARKET CAP (MILLION) 828.04 1,311.93 718.63 364.59 696.27
NAPS (BV) 3.30 2.56 2.11 2.06 2.23
EPS 0.70 0.34 0.06 -0.20 0.03

ROE 21.07% 13.26% 2.93% -9.67% 1.22%
ROA 18.18% 8.94% 2.31% -6.75% 0.87%
P/B 0.45 0.97 0.65 0.34 0.59
P/E 2.16 7.28 22.20 -3.47 48.31
EARNINGS YIELD 46.38% 13.74% 4.51% -28.81% 2.07%
FCF YIELD 19.28% 4.93% -7.63% 9.91% 23.23%
DIVIDEND YIELD 0.00% 0.00% 0.00% 0.00% 0.00%

2024-04-21 21:40

TonsilBasher

what happened to this counter? suddenly shoot up like morning wood

2024-05-07 11:34

Joo1818

Finally breached the jinx RM1.75 after sleeping for so long

2024-07-02 23:02

Joo1818

Next to break RM1.80

2024-07-09 10:07

Joo1818

Finally touched RM1.80. Now waiting for it to break through this resistance

2024-07-15 19:26

Joo1818

BROKEN RM1. 80

2024-07-16 16:18

lloydlim

Time to accumulate!

2024-08-30 13:00

Dehcomic01

Coastal Contracts – a new hope from its pivot in business direction

A decade ago, Bursa Coastal Contracts earnings was from building ships for the oil & gas sector. But the downturn in the oil & gas sector affected this business. The company pivoted to providing gas production platforms.

Today the company is exiting the shipbuilding sector to focus on providing and operating oil & gas production platforms. The company has yet to rebuild its return to the heydays of shipbuilding. But this new business direction looks more positive than being in the shipbuilding business.
https://www.youtube.com/watch?v=JShL7TP1YT0

2 months ago

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