Zack and co, look at Maybulk from mid Feb to early March 2013, it's price performance has steadily risen from 1.30 to 1.54 (+18.5%). Not surprise if Maybulk may go private as Maybulk's subsidiary, PACC Offshore Services Holdings Pte Ltd (POSH) has been contributing strongly to group earnings as well as Maybulk ordering new vessels for margin improvement also the Dry Bulk Index is believed to be bottoming. So, there's a clear possibility someone is buying steadily as reflected in the recent upward price movement.
Zack, look at the price movement. This Maybulk consolidates few days then she jumps 8-11 cts. So, now I know why there're calls to buy below 1.60. Good calls!
Still good price if u buy at rm1.60..now maybulk create new support level n consolidate.may b this week or early next week can touch rm1.80 if breakout rm1.65... 2 days hi at rm1.63.
wow..today RHB research Target price for maybulk RM1.85...so, for tomorrow maybulk still uptrend and can breakout RM1.60... dont worry about expired date for CF... target still RM0.10 and above before expired.. ada berani????? follow me...
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....
usapg
783 posts
Posted by usapg > 2013-03-06 16:24 | Report Abuse
company may go private...