Quantitative Analysis - COASTAL EPS +23.38%. 3 cent dividen

Stock Name = COASTAL CONTRACTS BHD - COASTAL

  Date   = 27/11/13 

  Price Current  = 3.25 

        Yesterday = 3.28

  EPS Increase % = 23.38

      Current EPS = 8.18

      Previous  EPS = 6.63

  Dividen %  = 0.92

  PE Current  = 9.93

     Previous = 11.31

Coastal Group achieved RM39.5 million in net profit for the third quarter ended 30 September 2013 (3Q2013), a 30% increase year-on-year (3Q2012) from RM30.5 million, while revenue jumped 10% to RM194.7 million from RM177.1 million. Sequentially (quarter-on-quarter), the Group reported a 36% growth in topline from RM143.0 million and 23% surge in net profit from RM32.0 million.

The shipbuilding and shiprepair division's profit margin before tax of 20% (RM38.3 million) in 3Q2013 was greater than the 15% (RM26.5 million) achieved in 3Q2012 owing to higher margins derived from the sale of vessels and foreign exchange gain arising from a strenghten United States Dollar.

Included in other payables were advance payments received from vessel buyers totalling RM556.2 million (31 December 2012: RM279.9 million), reflecting a strong vessel sales order book that will present the Group with progressive revenue and earnings until 2014.

Date	EPS	Dividen	Profit/(loss) attributable to ordinary equity holders of the parent	Net Asset Per Share
27/11/13 05:31 PM	8.18	3	39,507	1.976
26/08/13 05:17 PM	6.63	0	32,033	1.878
28/05/13 12:00 AM	6.44	2.8	31,105	1.781
25/02/13 12:00 AM	5.88	0	28,385	1.728
26/11/12 12:00 AM	6.32	2.8	30,530	1.672
27/08/12 12:00 AM	5.98	0	28,914	1.686
24/05/12 12:00 AM	6.37	3.8	30,759	1.616
24/02/12 12:00 AM	10.68	0	51,594	1.595
24/11/11 12:00 AM	7.59	4.2	36,657	1.492
23/08/11 12:00 AM	12.86	0	46,611	1.865
27/05/11 12:00 AM	15.48	5.5	56,092	1.794
23/02/11 12:00 AM	15.36	0	55,663	1.662
19/11/10 12:00 AM	14.8	0	53,634	1.513
24/08/10 12:00 AM	13.32	5	48,275	1.473
25/05/10 12:00 AM	11.95	0	43,306	1.345
22/02/10 12:00 AM	14.97	0	54,030	1.269
23/11/09 12:00 AM	13.31	0	47,950	1.132
24/08/09 12:00 AM	9.31	3	32,969	1.043
26/05/09 12:00 AM	-	-	27,766	0.978
23/02/09 12:00 AM	-	-	31,315	0.873
24/11/08 12:00 AM	-	-	22,516	0.785
25/08/08 12:00 AM	-	-	21,875	0.733
22/05/08 12:00 AM	-	-	20,954	0.663
25/02/08 12:00 AM	-	-	17,006	0.614