when oil drop and RM vs USD drop, who said nothing to ship? there are more transaction with US. anyway, if it's below, i will strongly support it. anyway, world GDP will up 1-2 % when oil drop. agreed?
maybulk is a bulk carrier not container carrier. it carries mainly commodities like iron ore, coal and grain. so important to look at the dry bulk index and iron ore production. currently both are at all time low and the reason is over supply and low demand. http://gmmoneytree.blogspot.com/2014/09/maybulk-q2-result-update.html
Maybulk has an advantage as its captive markets are mainly goods from Wilmar and KOG. Plenty of ships were used to deliver RBDPO to China, India, Pakistan, Middle Eastern countries from Indonesia and Malaysia. However, the price might be lower than available market rates since Maybulk, KOG and Wilmar are related companies. The Related Party Transaction (RPT) would have ensured that the disparity of rates are not that far apart. I strongly urge you to buy Maybulk and hold for a year or 2 years. You will never go wrong on Maybulk.
But I also strongly remind you that you must have spare cash if you are investing into Maybulk as the ride over the stormy waters is still far from over.
cariyoyo Maybulk has an advantage as its captive markets are mainly goods from Wilmar and KOG. Plenty of ships were used to deliver RBDPO to China, India, Pakistan, Middle Eastern countries from Indonesia and Malaysia. However, the price might be lower than available market rates since Maybulk, KOG and Wilmar are related companies. The Related Party Transaction (RPT) would have ensured that the disparity of rates are not that far apart. I strongly urge you to buy Maybulk and hold for a year or 2 years. You will never go wrong on Maybulk.
But I also strongly remind you that you must have spare cash if you are investing into Maybulk as the ride over the stormy waters is still far from over. 31/12/2014 09:41
Maybulk does not ship goods from Wilmar and KOG. Maybulk does not have oil shipping vessels to ship oil from KOG. Please do not mislead people.
Maybulk is a drybulk shipping pure play. No other types of goods is being carried by maybulk apart from drybulk.
weaker ringgit against the dollar and the lower bunker fuel price is favourable to its operating costs. that is the main reason for better result for this Q and Next Q. Long term, will need to assess again in Q3 2015. TP 2.0 is the call.
A great company with fair dividend those days. Don't worry abt going under - firstly if they sell all the ships/tug boats they can pay u back at today's price. Secondly the major shareholders (conglomerate) , Maybulk is the support service to ship/move their products. Freight revenue is at cut throat price in today's crowded market and perhaps when more small players close shops there will be turn around. The big boys will always be around. BTW goods still need to be shipped - bulk services will be around.
From the charts, it looks like the Weekly RSI, Stochastic, William's % R and Aroon Oscillator is moving upward. The Daily MACD and RSI is also moving upward. The handsome charts of this stock together with its Director acquisition of shares in open market will certainly?? bring this share to move uptrend.
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....
alex2012
612 posts
Posted by alex2012 > 2014-12-16 13:10 | Report Abuse
if economy down, nothing to ship, cost down also useless...