HARBOUR-LINK GROUP BHD

KLSE (MYR): HARBOUR (2062)

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Last Price

1.53

Today's Change

-0.03 (1.92%)

Day's Change

1.52 - 1.55

Trading Volume

243,500


4 people like this.

2,085 comment(s). Last comment by jeffrey1166 4 weeks ago

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-05 17:36 | Report Abuse

special dividend can also be anticipated following few good QR with the company's current financial state

GLNT

566 posts

Posted by GLNT > 2024-01-07 17:50 | Report Abuse

drakoryn When the Asia-EU rates came down, it affected the performance of Harbour but when it goes back up, it has no effect on Harbour. Okie, make sense...

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-08 10:13 | Report Abuse

mahu top up also susah already now even if got cash, lesser profit margin and slight farer from bottom already, don't know if technical buy signal already triggered at this point @fruitcake

katara

246 posts

Posted by katara > 2024-01-09 12:37 | Report Abuse

samarang keep buying...

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-09 12:59 | Report Abuse

@katara right thing to do, will buy as much if I got the fund too

katara

246 posts

Posted by katara > 2024-01-09 13:14 | Report Abuse

harbour i hold more than 1 year already :)

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-09 17:32 | Report Abuse

quote:

" Posted by SincereStock > 2023-08-30 09:00 | Report Abuse

cut queue sold all with profit at RM1.20 today morning open price

B3. Prospects
Shipping and Marine Services Division
Harbour-Link container shipping activities are facing stiff competition with main liner operators
who have deployed large tonnages into Intra-Asia and East Malaysian markets. Container
freight rates have been eroded drastically since December 2022 to the present level. We expect
the freight rates shall remain until the year end.
Domestic trade within Malaysia is also facing headwinds in freight rates and lower cargo
volume.
However, our tugs and barges operations and shipping agencies services are still consistent and
stable and we able to generate stable revenues.
Overall, based on the above, our shipping and marine services division shall be expecting lower
revenue and profit for the next financial year."

last time sold at Rm1.20 when freight rate / prospects went worst

bought back recently with average cost of 1.12 when freight rate / prospect is much better

@fruitcake this is how I trade with fundamental indicators, no technical indicators required

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-10 11:04 | Report Abuse

@fruitcake cheers🥂

GLNT

566 posts

Posted by GLNT > 2024-01-11 10:01 | Report Abuse

Planned rate increases to the West Coast and to other lanes not directly impacted by Red Sea diversions like the transatlantic – which are set to increase sharply in February to at least $5k/FEU from their current level of just $1,240/FEU – may reflect that capacity is tightening across the market as more vessels are activated on the ex-Asia lanes. They may also show that longer transit times and possible schedule disruptions on those lanes could lead to some port congestion at import hubs and to empty container shortages which likewise could be felt even beyond Red Sea services.

Demand is likely increasing as shippers try both to ship further in advance to accommodate longer transit times and to get orders out of China before manufacturing slows down over the Lunar New Year holiday that starts February 10th. So the next couple weeks will likely be the worst in terms of capacity shortages and possible congestion. As demand eases in late January, the industry may have a reprieve to recover schedules, and with a typical lull in volumes following Lunar New Year, freight rates may start to ease in late February – but should remain higher than usual until container traffic returns in full to the Red Sea.

But even if rates do climb to the $6k- $8k/FEU range, these would be well below the $15k/FEU level seen for Europe and Mediterranean rates and the $22k/FEU level for N. America East Coast containers caused by the extreme surge in volumes and port congestion during the pandemic.

Elevated freight rates are leading to expectations that carrier profitability will improve in 2024. Investment bank Jeffries raised its container carrier outlook for 2024 given the change in rate conditions and the possibility that they will lead to higher floor even as conditions stabilize.

Carrier stocks are reflecting these expectations and reacting to any signs that Red Sea traffic might recover, too: ZIM Lines, which is heavily exposed to the spot market, saw its stock jump 60% in December as widespread diversions began, fell double digits when Maersk announced they’d return to the Suez, and then rebounded when Maersk suspended Red Sea service again.

Recent reports that some carriers are negotiating with the Houthis to secure safe passage for their vessels led carrier shares to drop Monday, though Maersk and Hapag-Lloyd denied they were in talks with the Houthis.

Longer ocean transits are expected to push some volumes to air cargo. Through last week, Freightos Air Index rates for Asia - N. America were level and N. Europe continued their decline that began in mid-December, and would be typical for the weeks just post-peak season.

Daily rates for China - N. Europe on Monday, however, climbed to $4.11/kg, up 38% compared to the end of the year and possibly reflecting the start of an increase in demand caused by the Red Seas disruptions.

Best,

Judah Levine, Head of Research

GLNT

566 posts

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-16 12:33 | Report Abuse

yay technical finally in tandem with fundamental @fruitcake cheers🥂 hopefully can fly faster now

GLNT

566 posts

Posted by GLNT > 2024-01-16 14:47 | Report Abuse

Hahaha. They're probably the worst syndicates around

Josh329

43 posts

Posted by Josh329 > 2024-01-16 15:56 | Report Abuse

Vessels transiting the Red Sea have faced attacks over the past several weeks from Yemen-based Houthis, prompting shipping companies to change routes, leading to a spike in freight rates.
Longer detours around the Cape of Good Hope in South Africa have pushed ocean freight rates up to $10,000 per 40-foot container.
If this goes on for three to six months the profits will again slowly approach 2022 levels, said an NVOCC.

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-16 16:02 | Report Abuse

sold a few at 1.21, I know too early to lock profit but need a few urgent cash to park back at suddenly discounted PENERGY. still got quite a lot shares here

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-18 10:16 | Report Abuse

bought back a few at 1.18, thank you whoever you are still willing to sell cheap to me today morning ^_^

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-18 16:12 | Report Abuse

very resilient counter despite chaos in klci today

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-19 14:53 | Report Abuse

can resume climb up lo hehe, this counter has nothing to do with those LD counters, can disregard them and move on already

fruitcake

821 posts

Posted by fruitcake > 2024-01-23 09:38 | Report Abuse

the golden cross is twinkling....twinkling harbour lights🌟🌟

katara

246 posts

Posted by katara > 2024-01-23 09:39 | Report Abuse

harbour ship engine starts ..

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-23 10:26 | Report Abuse

hehe too late to buy ticket now lor, start to plan my offloading stage by stage, will see how hehe

katara

246 posts

Posted by katara > 2024-01-23 11:20 | Report Abuse

tp180

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-23 11:43 | Report Abuse

@katara not imposible this time as NTA already grew to RM1.90, last time when peaked at RM1.5++ NTA was only around RM1.30

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-23 12:14 | Report Abuse

techinical wise of course haha
just like RAPID, NTA RM1, market price RM30, indeed no boundaries🤣

katara

246 posts

Posted by katara > 2024-01-23 12:29 | Report Abuse

@ SincereStock warehouse already contributes 50% of harbour business , shipping actually is bonus :) +cash rich!

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-23 12:57 | Report Abuse

@Katara well said~ keen to see next QR result unfold

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-24 10:45 | Report Abuse

locked a few profit at 1.32, still got a lot left

@fruitcake what you mean with dark market? index now 1500+ and more up than down counters

katara

246 posts

Posted by katara > 2024-01-24 11:44 | Report Abuse

bursa best!

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-26 09:41 | Report Abuse

sold a few more at 1.38 to lock profit, still got more than half left

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-26 10:07 | Report Abuse

@TiffanixLVxHermes can please to elaborate some comparisons that you know between SYGROUP & HARBOUR this 2 companies?

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-26 10:08 | Report Abuse

in term of both similarities and differences

katara

246 posts

Posted by katara > 2024-01-26 19:55 | Report Abuse

the volume just started to increase..still undervalued .. still long way to go ..

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-26 22:59 | Report Abuse

hopefully, still not yet reach my final TP as well

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-29 09:58 | Report Abuse

bought back a few (those I sold at RM1.38) at RM1.32 today morning

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-29 10:04 | Report Abuse

haha caught this low volume temporary drop, now only support volume comes back

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-29 10:06 | Report Abuse

@TiffanixLVxHermes I am not sure but I see SYGROUP relies more on baltic dry index more tha freight rate, and baltic dry index is still at lower level currently, as compared to significantly improved freight rate.

someone please correct me if I am wrong, thank you

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-29 10:08 | Report Abuse

I also considered to spread some of my capital here to SYGROUP when it's price is low, actually queued at 0.655 there, but it is HARBOUR here that falls back to lower level so I cancelled the queue there and parked back here instead

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-29 13:14 | Report Abuse

SYGROUP coming QR (december2023) yes I agree should be better than last QR because Baltic is high during that time, but the another next QR (march2024) might not be as good as Baltic already falls back to 1500 level now

will continue to speculate on red sea crisis, so far things are getting worse from what I see now

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-29 13:16 | Report Abuse

meanwhile don't expect HARBOUR next QR (december2023) will be good, the good one will be the one released on MAY 2024 for march2024's QR

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-29 13:18 | Report Abuse

with that being said, I am still considering switching some HARBOUR capital into SYGROUP, but then only if opportunity timing present itself

SincereStock

2,360 posts

Posted by SincereStock > 2024-01-31 17:55 | Report Abuse

tempting to buy some SYGROUP at 0.64/0.645 too but no capital can transfer over lol

still waiting for better timing / opportunity for myself

SincereStock

2,360 posts

Posted by SincereStock > 2024-02-05 09:05 | Report Abuse

sold half at 1.27 this morning, truce in talk now so things becoming 50 50 already need to run half first

SincereStock

2,360 posts

Posted by SincereStock > 2024-02-05 11:02 | Report Abuse

@TiffanixLVxHermes it is always better too early than too late in stock market investment (both entering and exiting). but of course precise is the best but very hardly achieved haha

SincereStock

2,360 posts

Posted by SincereStock > 2024-02-05 11:45 | Report Abuse

sold a few more at 1.27, only a few left

SincereStock

2,360 posts

Posted by SincereStock > 2024-02-05 12:02 | Report Abuse

sold all at 1.27, decided to move on, hopefully truce between Hamas & Israel decided asap and peace be upon Gaza's people

SincereStock

2,360 posts

Posted by SincereStock > 2024-02-06 21:58 | Report Abuse

@fruitcake what do you mean? why say so?

I made profit (capital gain) here multiple rounds already over last few years (you can refer to my previous chats I got writen my entry / exit timing and price all records are still there)

but of course the biggest gain is this most recent one (red sea crisis) tbh I not sure it is over or not but don't want to be too greedy, as long as got good profit can leave already

SincereStock

2,360 posts

Posted by SincereStock > 2024-02-06 22:00 | Report Abuse

but of course if you wait for technical signal, not much profit because it is too late

SincereStock

2,360 posts

Posted by SincereStock > 2024-02-06 22:01 | Report Abuse

so the problem is technical analysis not this counter ya hehe

bjtoto

858 posts

Posted by bjtoto > 2024-02-13 15:18 | Report Abuse

All counter make a comeback

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