"Bursa blue chips could start off the new week on Monday, Feb 7 on a strong note following the firmer close on Wall Street on Friday, but investors’ anxiety over the unrest in Egypt could restraint aggressive buying of stocks which were sold down in January." This statement expressed exactly what my thought about Bursa outlook next week, which is extracted from an articles published in theedgedaily.com Written by Joseph Chin. Investor should be focused more on strong fundamental medium cap and MEGB is within this range. Hence, the chance of getting investor's attaction would be quity high. Among others, Coastal's fundementals are also strong and its business prospect in oil & gas industry shall be bright in view of upward crude oil price. Coastal price at 2 feb 2011 was RM 2.38 at a low PE of 5.38, which is worth to look at it closely.
