Coastal Contracts Berhad - Bottom-Line Dragged by Impairment Loss
Coastal Contracts Berhad’s (COASTAL) 18MFY23 core profit of RM422.3mn came in within ours but above consensus expectations
272 Views
Coastal Contracts Berhad - A Sweet Contract Extension
OASTAL’s 50%-owned Mexican JV has secured a 22-month extension from Pemex for its gas sweetening services contract at Perdiz Plant until 31 Dec 2025.
138 Views
Coastal Contracts Berhad - Expects to Recover Majority of Provision for Delay Penalty
We trim our FY23/FY24/FY25 earnings forecasts by 7.6%/1.5%/0.9% respectively after lowering our utilisation rate assumptions for both Perdiz Plant...
581 Views
Coastal Contracts Berhad - Results Came Within Expectations
Coastal Contracts Berhad’s (COASTAL) 15MFY23 core profit of RM381.9mn accounted for 122% of ours and 128% of consensus’ full-year forecasts.
276 Views
MMA Offshore (MRM AU): A Polarising Offer from Seraya Partners
The shares are trading at terms that suggest an expectation for a bump to get the vote up or a competing bidder. The offer has not been declared...
338 Views