looking at the BDI chart, quite scary also. It hit all time high at the beginning of sept which is 2500 and before end of sept, already broken 2000. Dropped more than 20 % in one month.....bdi very volatile and scary le......see can it break 60c o not.....hehe,...

like tat will reach 0.62 very soon le

Thanks Kean.......and oh yeah!!!.......broken 2000. Like that i no go in 2nd round le. I thought of Q`ing at 0.65. Like that better wait and see 1st....hehhe

dun simply create panic oh....

where got 1963 oh......share the link pls.......

Will be a good year for superlon. Low resin price due to trade war where china is unloading their unsold product in asean countries. Vietnam plant in operation and thus higher productivity, more production, bigger market exposure and efficiency and finally the most important is el nino is back. 2019 to 2020 will be elnino year. With hotter weather, everyone need to install aircond ma.....El nino is short term but then climate change is long term le. More ppl installing aircond????

Herbert, i hope you will attend Layhong AGM tomorrow and prepare some fermented egg using layhong egg brand.....hehe

Topglove release QR report. Their nitrite gloves sales increased by 30%. Not bad wor......like that Harta which is a full nitrite manufacturer upcoming QR can increase by how many %?? Maybe need to ask excellent gooshen......aiyo.....forgotten excellent gooshen is headache now in kesm. Better dun disturb him.

LOL....now only sound the alarm bell ah?.....looks like sinking oh......can choose to cutwin now or cutloss later......lets say it is above 2K till end of this month....next quarter leh???

monetary...what is kesm mama name???

China has agree to buy soya bean from US in part of the trade war deal.....meaning buy less or no more buy from brazil??? Will maybulk affected???...ho ho ho.......the truth shall reveal.

Waiting for 66c or below before going in for 2nd time....

monetary.....u dun scared me oh......i hope what u say is not true la....not because i hold kesm. I dun hv kesm at all. I more worried for the excellent gooshen. If what u say is true ah, excellent gooshen go jump river also no help ohhh.....

BDI rebound with less than 0.5%. Looks like the diarrhoea has stopped for BDI but the technical outlook for maybulk like not good ohh....buying momentum bcome weaker. Wait longer and see le......

with this rate....very fast drop below 2k oh......scary leh....

aik....how come maybulk not in the list? No longer your darling ah???hehe

Aiyo, 3 big red candle......like that ada chance to break 0.70 oh......

Aik, gooshen......i thought u bought from 8.40 all the way down......but r right, wht to worry.....this is fake drop.....will rebound soon.....

going to holland a'dy. Today BDI broken 2200. Now only at 2192. I also lost count on how many days it hs continued drop. At this rate, by month end will be reaching 2000 a'dy.......good luck le....

Lets see will BDI continue down or rebound. If continue down, big problem le.........

Ho Ho Ho.....from uptrending stk become downtrending stk...........let see how far it can correct and the BDI price before i reenter.....

piang eh.....drop again ah? with this rate, next monday touching 2200 a'dy, End of next week reach 2000? Even if it close at 2000 end of month also no meaning le if it continue to drop next month. Coz forward looking result will not be good ma. Report 1Q good result also no meaning loh...

black candle??? black car ah???

Aito....all start take profit ah???........like that better run 1st le before you become the last person holding the rotten egg.....if by friday break 2200......then pray hard hard le

wah lau...BDI has been dropping 7 days in a row ah??? Now 2283 a'dy. If everyday drop 20-30 point, no need month end break 2000 leh......

Wahhh...Pchem close 777.....jackpot ah???....lol....

Maybulk buying momentum still strong le......ride the trend. Broken the resistance and set strong support at 0.76. Next resistance is 0.83.....looks like still got leg run oh......fundamentally, if bdi stays above 2200, eps estimate to be 2c to 2.5c. Not sure any other surprises but i doubt any impairment coz losing business has been sold and impairment has been made. Fair value RM 1????.....I also dunno le......

Technically, buying momentum still strong. Ride the trend loh.....

Ho seh liao. Broken 0.755 and currently strong support at 0.76.....Maybulk is sailing up north le.......mamamia ......0.83...here I come.....

KJ, if another attack ah...it is not $70 already le.....100 also possible.....lol

LOL......


AlvinTSK #€$¥+*!! Missed the ship... Why
17/09/2019 9:28 AM

Brent 69 now le......70 before market close?.....lol.....Broommm broom......start ur engine le....

rr....why 40K? Expect hibiscus to go below 1?? Cannot be so lousy kua....today die die also above 1 la.....if below 1 ah.....speechless leh.

Maybulk needs to break and stay above the resistance 0.755. If can firmly find support above this price, next resistance will be at 0.830. BDI dropped $1 today.....hehe.....

I remember reading that when Rapid small explosion also caused a few months to repair and delayed. This 1 is kena bomb leh....if want repair....must also shut down. So either continue to pump with 50% capacity with the damage or shut down to repair with zero capacity? Really not easy decision oh....

Grace, i no say closing sure down oh. If closing down ah, i sure hood kaw kaw.

Tomorrow up la but just hibiscus miss the golden opportunity to regain the glory loh. Brent went up as high 72 today. When brent around this price, hibiscus is around 1.30 if not mistaken. Some more now with increase production, die die also must be 1.50 la. Anywau, luck is not on hibiscus side. Tomolo open market, above rm1 la. If closing below 1 ah.....then no eye see.

Will the conflict between saudi and iran increase?

Aiyo, wht a pity. Today bursa close. If not, this hibiscus will bloom big n red.

Lol....newbie. i where got so powerful to push up. I'm not the superinvestor le. If he come here, maybulk will be rm1 coz the free float share is only 25%. Maybulk every Q lose money bcoz the bdi rate was bad. But now the rate has double. If it can continue to stay above 2k, i think will make money kua. Same like oil n gas. If brent is $30, i guarantee all oil n gas counter every Q also lose money. Now at $60, got profit loh. Fyi, i no sifu ok. My math fail 1 le when i was in school. So, sometimes calculate wrgly also.....

Wah lau....stk raider also come ah???...

2393 is the previous day 1 la......now 2331. By 12 noon today u will see the updated rate. if not mistaken, BDI rate on update once a day. They are not as active as oil price.

Ooooo.....talk so much......meaning maybulk is good buy la......hopefully loh and not goodbye.....hehe.....

Minggoon, the ROE 107% cannot see 1 la......it is from selling off a business. Then they have 1 impairment because selling at loss,......

Now it is only see can BDI sustain above 2200 or not. If is just like last time when brent at $20, Oil counter lose money. $40 break even. $60...make money......$80.......go crazy.....hehe...

So now BDI.....$500, lose money. $1500, break even. $2000, make money. $3000???--i go crazy.......LOL

3iii...u talk philosophy ah???......very deep......i dun know how many understand la......i definite cannot.......

okla...sifu Philip.....u won the argument.......

As for Philips point, need to disagree abit. Nobody is arguing that ppl will stop using fertiliser or plastic or chemicals. But demand will reduce. Palm oil will use less fertiliser because since oil palm price is not good, why wanna waste money on fertiliser. Many smallholders have cut down their fertiliser or buying cheaper/substandard brand.

As for "Will a major petrochemical company flood the market and destroy margins? Highly unlikely. It takes huge amount of CAPEX to construct a petrochemical complex? " It is already happening. China is building a new petrochemical plant which upon completion will flood the market so bad that Japan and Korea already worried on the oversupply. Lotte USA just commission a new plant and in operation......well, I'm not an expert in the field but just reading news and seem more plant coming online and lesser demand will equal to suppress margin. Same like steel counter....i guess.......Anyway, Sifu Philips, dun shoot me if i said something wrongly....ehehe

@Rotiboy, major plant maintenance ie; statutory plant maintenance is about 5 years once. The previous was in 2013.

As for epf selling.....in preparation for next year dividend declaration? Must show profit only can declare how much dividend. So must sell some kua......i think la.....

3iii....u copy so much from the AR and google......i still dun get what u trying to say......can put it into 10 words only ah?

RainT, missed abit is okla. I won't be able to tell where the lowest and highest ma. So stick to my buying strategy loh and also from the AGM, I think upcoming Q so-so only due to turnaround. I wun be expecting great result. U never know on 15th Oct, wht ah thumb will tweet again. Ah thumb's thumb very powerful 1. press few alphabets, can cause the market down 5%......hehe

I did a simple calculation, it BDI stays above 2200, it should earn 2 to 2.5c per Q. Not sure is shipping seasonal where it is affected by monsoon. But using golden rule can really earn 8 to 10c per yr leh. PE 8 = 0.80c loh. PE10 = RM1??? Also, this is company has strong management. Robert kuok company leh....but of course he retired la. I think they have managed the company well by keeping the company afloat despite unfavourable rate. So now the wind is on their side and blowing in their direction. Apa lagi tunggu. I jump onboard for the free ride loh......