Coastal Contracts Bhd

One of my favorite low PER counter, COASTAL has released it's latest quarter result on 24 Nov. I believe this counter has draws many investors attention, due to it's low PER and the capability of making money from the time of economy crisis until today.

Surprisingly for the first time, it's EPS has been dropped from 11.1 cents to 7.59 cents compared to previous year's quarter. The drop of revenue and profit are mainly due to lower number of vessels delivered and lower fleet utilization rate for vessel chartering. Nevertheless, it's gross and net profit margin has increased by 2% and 5% respectively. 

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Masterskill Continues to be Loser?

MEGB (Masterskill) finally released it's latest quarter result today. Yes, as expected and predicted from all analysts, it is a very disappointed outcome.

MEGB's Q3 2011 net profit has dropped for almost 80% compared to previous Q3 2010, mainly due to poor revenue of 24% and continuously high expenses. High expenses is okay. But MEGB has started 3 consecutive quarter results with lower sales with higher expenses. And this quarter is the worse ever, due to the same reasons given in last quarter report.

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Olympia Industries Berhad

I have a quick read through at OLYMPIA latest annual report 2010 this afternoon. Well, I took a look just because I'm it's subsidiary, Jupiter Security Sdn Bhd customer. Jupiter Security Sdn Bhd is one of the brokerage firms in Malaysia and I'm using Jupiter Online as my trading platform.

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