Rhb stated "We believe MBC’s earnings could continue to disappoint as it has no exposure to Capesize vessels where the spike in shipping rates is the strongest. "
But they fail to mention that Panamax rate also increase about same rate as Capsize rate. Capsize increase by 352% and Panamax increase by 344%. Supramax rate also increase by 137%. Although MBC do not have Capsize vessel but they have Panamax and Supramax....so increase in rate in these vessels do help MBC.
Yes...we need to do our own homework and analysis....numbers are all on the net.
never trust analysis report... they are buying at this level.. and calling u all to sell..... for me Maybulk strongly buy..... the listing of POSH and baltic index are the undiscovered gem....
Hello Everryone in i3, I am not an expert on dry bulk shipment...Just wanna know as follows...
Does any one here know what will be the cost and competitive impact on shipping of dry goods to Maybulk business when the Panama canal is opened in 2015 to cater to ultramax n supermax tankers???
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....
raviy2k13
93 posts
Posted by raviy2k13 > 2013-09-25 10:24 | Report Abuse
Max $1.94