Coastal sulah kembong kembong

[CCT]

wow......

at 2.5....it's almost about 3.3 before the bonus issue....

the price is quite high already then....

for me....it's time to reap in the profit....

[PoorGuy]

I think I'll be holding out and see if it can hit RM3... Wish me luck on the Coastal ship

HwangDBS Vickers

Coastal Contracts

Coastal has a healthy current order book of RM610m, sustainable till 2012. We expect operating margins to fall to pre-2009 levels of c.20 per cent, though vessel orders should remain strong on the back of increasing investments by Petronas and replacement demand in the face of diverging utilisation rates between old and new fleets.

The recent joint venture announced on 22 Dec 2011 between Coastal and various parties to bid for offshore O&G contracts could jump-start the company’s fabrication segment on top of greater sales in the Malaysian region.

Coastal’s venture into higher value OSVs is evident as it is constructing two subsea vessels (worth US$105m) involved in pipe and platform servicing, to be completed in end 2013.

Indonesia will be a key driver for Coastal, as we understand the company is venturing into FPSO and LNG segments to tap into upstream markets.  Coastal is tendering for a 20-year FPSO contract in Indonesia with a contract value that could potentially quadruple its existing order book.

On the LNG front, Coastal is looking into a similar long contract but both will be mutually exclusive due to capital constraints. The company will likely seek debt (net cash position) and capital markets for financing.

Coastal’s FY12F PE of 6x is unjustified vs the regional average of 16x. It remains a prime candidate for privatisation, considering its strong track record in performance delivery. The stock is supported by persistently high crude oil prices (hovering near US$96 per barrel) and offers a cheap proxy for the strong correlation.

Buy. Price Target: 12-Month RM3.25

[arostock]

wow......

at 2.5....it's almost about 3.3 before the bonus issue....

the price is quite high already then....

for me....it's time to reap in the profit....

it has been six months since the bonus issue
thus 3.3 (pre bonus) maybe is justified

but again we need to see how eps measure up

[arostock]

This is very optimistic forecast, picked from another blog
We will see how it perform nx week


http://bursa99.blogspot.com/2012/02/coastal-breaking-boundaries.html

Coastal Contracts; Buy; RM2.29
Price target: RM3.25; COCO MK
Breaking boundaries

Sustainable 2012 order book; upsides may follow. FPSO and LNG contracts may quadruple orderbook. Reiterate Buy with RM3.25 TP.

Source: HwangDBS Research 3 Feb 2012

[arostock]

Mama still up a bit tolay lorr 

Stock Name COASTAL 

 Stock Code 5071 

 Last Price 2.430 

 Change 0.030 

 High 2.480 

 Low 2.430 

 Volume 9,052 

 08-Feb-2012 09:46 AM

[arostock]

Tolay dother ada drop sikit
but nvm i caught her pants down 

so i manage to re enter at lower price after selling some

Stock Name COASTAL-WA 

 Stock Code 5071WA 

 Last Price 0.585 

 Change -0.015 

 High 0.600 

 Low 0.575 

 Volume 5,031 

 08-Feb-2012 09:51 AM

[arostock]

2.50

My 1st TP oreli reach lorr
Looking at trend n market condition counter may gap up more lorr
Maybe 2.80 lorr

Stock Name COASTAL
Stock Code 5071
Last Price 2.500
Change 0.100
High 2.500
Low 2.430
Volume 14,677
08-Feb-2012 10:42 AM

[markov]

hope for big ticket in the CA.. huattttt

[markov]

fuhhhh ... alhamdulillah....

[klmc]

wow ......

[arostock]

Tolay dother ada drop sikit
but nvm i caught her pants down 

so i manage to re enter at lower price after selling some

Stock Name COASTAL-WA 

 Stock Code 5071WA 

 Last Price 0.585 

 Change -0.015 

 High 0.600 

 Low 0.575 

 Volume 5,031 

 08-Feb-2012 09:51 AM

Lucky me I caught her while her pants are down @0.58
Now oreli 0.615

Dother  gained 1.5 sen last Fri and oso up 1.5 sen tolay
Compared to mama -  14 sen tolay n 11 sen last Fri, D
other need to catch up lorr

[Sailor]

U misunderstood me bro.
2.50 is a conservative forecast

I said 2.50 by nx week ( Wed or Thurs)
Sure it can exceed 2.50 by Friday
No doubt about that .... 

new tp will be 2.72  - 2.78,think so, ca could be around 19.5 - 20.5 before new star emerge on tuesday, may be.

[Sailor]

based on my experiences counter like this after considering all factors n px movement chart n history I disagree 2.50,  it should be around 2.56 - 2.60,think so:-)

looking at today trading pattern, px moevemnt n volume towards last 1.5hrs of trading,possibility will easily break 2.70 tmolo upon which it will take a rest at 2.88 - 2.94 n if that so since there r big interest on the ca,its possible the ca will cross possible high of 21.5 cts tomolo.think so :-)
remarks: with the exceptional of drb call warrant,coastal ca is the one n only on top vol n gain interest.

[Pirate-0f-Bursa]

hope for big ticket in the CA.. huattttt

markov.. how much u made from CA?

[arostock]

markov.. how much u made from CA?

hey jack Y U ask?
U wanna lanun him ka
 

[wombie88]

TOMORROW CA WILL REACH 19 CENTS 

[robben18]

wow..my TP 2.5 hit ! and i'm still yet to offload....it's always hard to sell than buy ! 

[arostock]

wow..my TP 2.5 hit ! and i'm still yet to offload....it's always hard to sell than buy ! 
[/quote


same lorr
read the rpt from Hwang dbs 3.25 tp

[O`NiJ]

been holding coastal CA since 3.5 cents.....

4sure STILL in play and more room to go.....

 

[Emk]

See u at $3.00 Coastal!

[Boboboman]

new tp will be 2.72  - 2.78,think so, ca could be around 19.5 - 20.5 before new star emerge on tuesday, may be.

 

[markov]

bullish will continues... buy on weakness..

[arostock]

bullish will continues... buy on weakness..

huat arrrrrrrrrrrrrrrrrrrrrrRO

[arostock]

new tp will be 2.72  - 2.78,think so, ca could be around 19.5 - 20.5 before new star emerge on tuesday, may be.

really kembong
watchout if gonna burst
but for time being can kembong lg

Stock Name COASTAL 

 Stock Code 5071 

 Last Price 2.720 

 Change 0.120 

 High 2.740 

 Low 2.610 

 Volume 8,040 

 09-Feb-2012 09:27 AM

[CCT]

contra CA and earn 4k just now....

good pocket money

[Sailor]

Holding steady it look likes very strong support2.65 - 2.68, based on observation another swing coming,think so

[CCT]

i think RM3 is really not too far looking at it momentum.

 

whack CA for those brave heart.

[Sailor]

if can hold at 2.64 - 2.69  then my frend told me he will comment on the technical billish trend for this counter :-),

[Sailor]

The one and only call warrant amongst top 40 volume which have good interest n mother is very steady.If I cannot get my RM 2.98  I stay foot.

[arostock]

if can hold at 2.64 - 2.69  then my frend told me he will comment on the technical billish trend for this counter :-),

pls share the findings tq

[Sailor]

pls share the findings tq

finding given frend,sure can hit high but if got holding can relaxs,me die hard one n always  think so based on experience.

[kenichijuan]

NO WORRIES...

This share will soon ross up to 3.25-3.30 by end of the month. Another BOOM BOOM POW project rewarding soon in 2012...
Watch out... The Truth is OUT THERE!!!!    

The New Guy Finally In Town...

[O`NiJ]

 

[O`NiJ]

GO GO GO GO CA!!!!! 

minimum 23 cents stop before i start selling some...... NOT EVEN SOLD A SINGLE SHARE YET!!!

 

 

[Sailor]

haaarrrr... very  very stable  ppl slowly accumulating both except WA

[Stao]

Steady.....steady.....no problem for further up 

[Sailor]

Steady.....steady.....no problem for further up 

mkn jgn tak mkn :-)