Fair Value: RM 2.97
Current Price: RM 2.18
Recommendation: BUY
Yesterday, the company announced its 4th Quarter report. Its yearly profit has increased 68.14%. Thus, I'm revising my Fair Value from RM1.99 to RM2.97 and my recommendation from Hold to Buy.
Refer to previous write-up here for more info on this company
Coastal Contracts Bhd (Symbol & Code: COASTAL 5071) Update - 23rd Feb 2010
Posted by Daniel Wong | 9:17 AM | Coastal Contracts | 0 comments »
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This is a personal weblog, reflecting the author's personal views. All information provided here, including recommendations (if any), should be treated for informational purposes only. The author should not be held liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein.
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