I m a newbie .. BUt from all the article written. BDI for the pass 1 month increased significantly.. Anyone notice that? from august 750 to now early sept is 1150. is about 53% increment. Defnitely the price is laggard behind... =)
Dry bulk market want up? i chop!!!!!!! you know the freight? i'm going to charter alframax for fishing,wahahhaa. next year end may be. For long term investor, my prediction.
Those keep calling buy @ 1.70-1.80, have u average down now? The price rebounded from lowest 1.33 to 1.46 and BDI rebounded to 1100++ now ! If u dare to buy at 1.70-1.80, you should buy more now! If you don't, you are a typical retailer who keep calling averaging down with every few cents drop in price, but dare not buy when it drops so much!
Never bought Maybulk before but with current price at multi-yr lows and BDI creeping up from low base, ok I'm coming in. Of course, have other reasons also ;)
over few quarter,t/o and profit consistently declined, contribution from its associate company POSH also delcined due to lower demand on OSV do not know when it will turnaround the situation?
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....
GimEng Hong
111 posts
Posted by GimEng Hong > 2014-09-05 12:42 | Report Abuse
Gusen so confident?