Posted by skc761103 > 2024-06-12 08:50 | Report Abuse

maybulk core business no more on shipping related business ,don't mislead people

Posted by skc761103 > 2024-06-12 09:11 | Report Abuse

Left only remaining vessel-Alam Kuasa from its peak 6 vessel. Revenue and profit from the shipping bulkers segment is expected to be stable throughout the year 2024 as the only remaining vessel, Alam
Kuasa, is under long-term contract at fixed contracted rate subject to bunker price adjustments and will not be affected by open market
charter rate volatility. However, the results of the coming quarter will be affected by dry docking of the vessel for scheduled maintenance.

Posted by curiousq > 2024-06-12 10:25 | Report Abuse

ya lor, heard they sold most of the vessels and Robert Kuok is no longer the major holder

Posted by curiousq > 2024-06-12 10:41 | Report Abuse

is more useful if write something about the new business acquired

Posted by Alex_Kho > 2024-06-12 10:47 | Report Abuse

Thanks for the comments.

Note:
Higher Risk: With higher potential returns come higher risks. Maybulk’s stock is more volatile, meaning its price can swing more dramatically. This is not a “set it and forget it” kind of stock — it requires active monitoring.

Im holding both Maybulk and TASCO. However, maybulk seems to be more attractive. anyway, happy trading / investing.

Posted by bryan2003 > 2024-06-12 16:19 | Report Abuse

agreed with skc761103. Maybulk earning is not from normal operation. It keep selling asset to get profit and hence i dont agree with your write out. You should continue your good write out like what you did for ksl but not something like what you didnt above.

Posted by Alex_Kho > 2024-06-12 23:35 | Report Abuse

Your feedback is valuable guys, and I understand the concerns regarding the reliance on asset sales for profitability. Will delve deeper into Maybulk's earnings from normal operations and provide a more detailed analysis in future posts.