If anyone belive miracle in stock market, that's is very interesting. How frequent a miracle can happen all the time? Once in a life time? Every month or every day?
Jokes aside this stock will move towards 1.00 easily. Just see. It's no miracle. No rocket science. This one technicals. If 2.00 then miracle. But by end-May.
Yes...to reach target price for rm1.30 is not a dream as long as BDI keep up trend. It needs to be at 1500pts that I need it will be very high changes bouncing to rm2 and above..
maybe at 671 points, they are not turning in a profit yet. But you can see strong support at 91 sen or 91.5 sen. I think those in the know are buying but how soon can maybulk turnaround operationally?
Malaysian Bulk Carriers Berhad (“MBC" or the "Company") wishes to announce that the Company has been awarded a Long Term Contract of Affreightment by TNB Fuel Services Sdn Bhd (wholly-owned subsidiary of Tenaga Nasional Berhad) for transportation of approximately 1.50 million metric tonnes of steam coal per annum to Malaysia.
The contract is for a term of 15 years (commencing from 1 September 2016 to 31 August 2031) on a Consecutive Voyage Charter Contract basis and the total value of the contract is approximately RM563 million (based on the maximum value of the estimated annual delivery quantity contracted and at an exchange rate of US$1:RM3.9350). The contract is expected to contribute positively towards the earnings and net assets of MBC Group for the duration of the contract.
The contract is subject to normal operational risks and the Group intends to utilise its owned panamax vessels to perform the contract.
None of the Directors, major shareholders and/or persons connected with them has any interest, direct or indirect, in the said contract.
This announcement is dated 26 April 2016.
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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....
swlim_jason
2 posts
Posted by swlim_jason > 2016-04-11 10:20 | Report Abuse
I believe miracle will coming soon