MIDF Sector Research
Maybulk - Cease Coverage
sectoranalyst
Publish date: Thu, 03 Aug 2017, 09:14 AM
- We are ceasing coverage due to a lack of institutional interest
- Our prior forecasts, valuations and recommendations should no longer be relied upon for investment decisions
Ceasing coverage. We are ceasing coverage on Maybulk due to a lack of institutional interest. We foresee few re-rating catalysts for the company due to a prolonged downturn in dry bulk shipping and offshore support vessel charter rates. Our prior forecasts, valuations and recommendations should no longer be relied upon for investment decisions. Our last recommendation for the stock was NEUTRAL with a TP of RM0.73.
Source: MIDF Research - 3 Aug 2017
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on MIDF Sector Research
MISC Berhad - FPSO Business Merger with Bumi Armada in the Decks
Created by sectoranalyst | Nov 15, 2024
MISC Berhad - FPSO Business Merger with Bumi Armada in the Decks
Created by sectoranalyst | Nov 15, 2024
MISC Berhad - Sanguine Upstream to Uplift Performance till End-Year
Created by sectoranalyst | Nov 15, 2024
Hartalega Holdings Berhad - Saved by Recognition of Deferred Tax Asset
Created by sectoranalyst | Nov 13, 2024
Westports Holdings Berhad - Transshipment Traffic Remains Sluggish
Created by sectoranalyst | Nov 11, 2024
Discussions
Be the first to like this. Showing 2 of 2 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
2
Mercury Securities Research
3
BFM Podcast
4
BFM Podcast
5
6
BFM Podcast
8
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
firehawk
so yam gong ... institutional no interested? may be retailers interested, bcos it is cheap ....
2017-08-03 11:07