KLSE (MYR): COASTAL (5071)
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Last Price
1.48
Today's Change
-0.05 (3.27%)
Day's Change
1.48 - 1.52
Trading Volume
66,300
Market Cap
814 Million
NOSH
550 Million
Avg Volume (4 weeks)
109,155
4 Weeks Range
1.46 - 1.59
4 Weeks Price Volatility (%)
52 Weeks Range
1.43 - 1.94
52 Weeks Price Volatility (%)
Previous Close
1.53
Open
1.48
Bid
1.48 x 16,200
Ask
1.51 x 2,000
Day's Range
1.48 - 1.52
Trading Volume
66,300
Latest Quarter | Ann. Date
30-Jun-2024 [#2] | 29-Aug-2024
Next QR | Est. Ann. Date
30-Sep-2024 | 30-Nov-2024
T4Q P/E | EY
16.62 | 6.02%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
3.34 | 0.44
T4Q NP Margin | ROE
39.87% | 2.67%
2024-11-20
Sector: ENERGY
Sector: ENERGY
Subsector: ENERGY INFRASTRUCTURE, EQUIPMENT & SERVICES
Subsector: ENERGY INFRASTRUCTURE, EQUIPMENT & SERVICES
Description:
Coastal Contracts Bhd is a Malaysian company which provides marine products and services to the shipping, oil and gas and commodities industries. The company's business activities include build, charter, repair, maintain and trade of marine vessels, ranging from tug boats, oil barges, dumb barges, and landing crafts to offshore supporting vessels. It is also involved in maintenance, repair and overhaul services such as steel hull maintenance, electrical works, engines, and generators overhaul, and modification works including suitable charter solutions. The company organizes its business in two divisions namely Shipbuilding and Ship Repair and Vessel Chartering. The company operates its business globally and generates the majority of its revenue from Singapore.
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
To recap, Coastal still holds 100% shares in JV company Coastoil Dynamic S.A.De C.V. (CDSA) that owns the Papan and Perdiz projects at Mexico. The transfer of JV partner Nuvoil group’s 50% stake in CDSA is expected to complete by 2HCY23. For now, Coastal recognises 100% of CDSA’s profits as its JV profit. Upon completion of the share transfer, accrued JV profit will be transferred back to Nuvoil.
Note that the 9M comparison may not be meaningful as the group applied equity accounting method on CDSA in 3QFY22.
2023-05-27 07:48
Jerichomy really? You working in oil and gas industry? You cook half boiled eggs for the offshore workers?
2023-05-27 11:18
Tell me about your oil and gas experience lah else I guess you can only cook half boiled eggs in the barge for the offshore workers because your brain also half boiled.
2023-05-27 14:46
Haha
i3lurker
500% profits
of course all types of sharks will dump
32 minutes ago
2023-05-28 16:32
The coastal company keep on share buy back, but the share price keep on dropping, any issue?
2023-06-11 07:02
Haha peng lam and get stuck
investopology
The coastal company keep on share buy back, but the share price keep on dropping, any issue?
1 month ago
speakup
Reminds me of Topglove
1 month ago
investopology
Haha you better be silent than speak up😂
1 month ago
Huat 888
slowly collecting...anytime goin to fly
1 month ago
2023-07-24 15:33
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
Oil price crosses above US$90
2023-09-07 16:00
Hi Pang. Coastal story sounds interesting. I m afraid it might be another serbak 2.0 coz all investments outside Malaysia. Be careful.
2023-10-23 12:19
its a buying oppurtunity. easily up. remember this was the best under billion company voted by the edge.
2023-11-23 13:28
I bought Coastal a year before Covid-19 and sold it early last year. I have 2 Bursa energy services companies that I use as references when hunting for companies in this sector – Deleum and Dayang. https://ujianehc.blogspot.com/2023/12/dayang.html
I the past these 2 companies ROE outperformed that of Coastal but over the past 2 to 3 years, Coastal ROE have overtaken them.
When I look at the ROE vs share price trend, I found that currently they are diverging – the ROE is going up while prices are declining. https://i.postimg.cc/JhVF7spg/Coastal.png
Is this another opportunity to go in?
2023-12-11 09:47
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
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
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
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
Fiscal year is July-June. All values MYR Millions. 2023 2022 2021 2020 2019
TOTAL EQUITY 1,823 1,359 1,105 1,086 1,177
TOTAL ASSET 2,112 2,016 1,399 1,556 1,648
CASH AND EQUIVALENT 185 239 275 524 503
ST DEBT & CURRENT PORTION OF LT DEBT 45 344 44 242 63
LT DEBT 43 120 50 35 231
TOTAL DEBT 88 464 94 277 294
NET CASH (DEBT) 97 -225 181 247 209
ACCOUNT RECEIVABLE 1,056 784 192 166 177
ACCOUNT PAYABLE 149 141 135 136 130
Balance Sheet is surprisingly strong.
2024-04-21 21:38
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
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
Finally touched RM1.80. Now waiting for it to break through this resistance
2024-07-15 19:26
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
Jerichomy
Haha
2023-05-26 00:10