Posted by callme777 > 2017-05-10 22:43 | Report Abuse

Outlook for global shipping industry stable, says Moody’s
http://www.thestar.com.my/business/business-news/2017/05/10/outlook-for-global-shipping-industry-stable-says-moodys/

Posted by xjteh > 2017-05-11 10:03 | Report Abuse

wh82, let me explain about the definition of support. Support at 0.80 gives the view of the daily price action in overall may not go below 0.80. As for Tuesday closing of 0.795 did not mean the support was broken as the daily candlestick is still attached to the support line. We shall see the coming few days price action to determine if the 0.80 support will be holding firm. Sometimes, in order to shake us away, the main player just purposely to push the price slightly below the support line. Then, rebound.

Posted by xjteh > 2017-05-11 10:08 | Report Abuse

c777, I posted my view solely based on price action pattern & hope it will be right as the time goes. But, from psychological aspect, as ppl are losing confidence & not interested at all, it is the time to buy.

Posted by waihung82 > 2017-05-11 11:46 | Report Abuse

xjteh, thanks for explaining :)

Posted by chinkeong88 > 2017-05-11 21:05 | Report Abuse

Xjteh..totally agreed with u.. many ppl lost confident to this company..n also since the past two yr time this company made loss money in every quarter..how to survive? Those ppl if invest at others stable stocks already earn la... one word, let's be patient.

Posted by callme777 > 2017-05-11 21:53 | Report Abuse

Be patient. I am sure it will come back

Posted by darkangell > 2017-05-12 12:29 | Report Abuse

It's coming back the industry. Be patient

Posted by xjteh > 2017-05-12 15:35 | Report Abuse

Extra patience needed for MB. Just have look from its previous low price 0.70 to the recent high price at 0.955. There is an increment of 0.255. Followed the Fibonanci retracement of 0.62, 0.80+/1 is the level & it matched my previous said of 0.80 support level. However, how long MB wants to hang around this level? I would predict another 15-20 days based on the previous range. Based on the volume, the normal day volume was less than 1m. When I see the volume starts to exceed 1m with positive price action, I think it is again ready to UP.

Posted by callme777 > 2017-05-12 16:34 | Report Abuse

Results out in 2 weeks time

Posted by chngmenghui > 2017-05-15 09:55 | Report Abuse

Anyone attends the AGM today?

Posted by chngmenghui > 2017-05-15 12:57 | Report Abuse

Any news fr there?tq

Posted by AKUMAUKAYA > 2017-05-15 13:07 | Report Abuse

Lunch break ...

Posted by xjteh > 2017-05-15 14:55 | Report Abuse

Ahha, I suspect MB is having a stealth move while everyone ignored her.

Posted by waihung82 > 2017-05-15 15:19 | Report Abuse

need more volume to push up

Posted by xjteh > 2017-05-15 15:57 | Report Abuse

not necessary. just look back the price action from Nov till Mar this year. Volume was not attractive but price moved up slowly & quietly.

Posted by AKUMAUKAYA > 2017-05-15 16:02 | Report Abuse

ships cruise slowly but steadily..... janji selamat sampai ke destinasi....

Posted by callme777 > 2017-05-15 18:34 | Report Abuse

Loss money again.

Posted by waihung82 > 2017-05-15 19:39 | Report Abuse

tmr really down more lo....

Posted by callme777 > 2017-05-15 19:58 | Report Abuse

12 quarters of losses.... haiz

Posted by Apollo Ang > 2017-05-15 20:14 | Report Abuse

yeah why still got 80cts? should be 0.10 only after loss so much, bursa tipu lah

Posted by callme777 > 2017-05-15 20:31 | Report Abuse

Should be 1.00

Posted by callme777 > 2017-05-15 21:19 | Report Abuse

BDI broke below 1000, rm1.00 coming

Posted by chinkeong88 > 2017-05-16 07:39 | Report Abuse

Quarterly report loss again!!! -33.2millions.

Posted by callme777 > 2017-05-16 08:45 | Report Abuse

Looks like the sector has not turned around. May take another year or two

Posted by gusheng > 2017-05-16 09:29 | Report Abuse

haih...ask u guys dun buy first already...

Posted by waihung82 > 2017-05-16 09:37 | Report Abuse

haih....bad counter....thought they can turnaround last quarter

Posted by newbie2014 > 2017-05-16 10:18 | Report Abuse

Need to hold long term. Turnaround need some more time

Posted by chinkeong88 > 2017-05-16 13:07 | Report Abuse

Every quarter made loss money, how to survive?? Close shop better..I think most investors now feel disappointed liao. Otherwise, when can it bouncing back to green color??

Posted by callme777 > 2017-05-16 13:57 | Report Abuse

Will the company go bust? If you don't think so than why worry? The stock shot up last month as BDI rebounded and anticipated that the company will turn around. But the latest results showed it did not. So if you don't think it will go bust, don't you think is time to buy some. I am wiring to buy 20k @ 0.75. After that I only have 20k more to buy. But I will hold it for 3 - 5 years and see what happens. Good luck everyone

Posted by chinkeong88 > 2017-05-16 22:36 | Report Abuse

Everyone know well the background of this company. Possible a good time to privatise?? BDI is a key to push, 冷眼spell out before!

Posted by mike90 > 2017-05-16 22:37 | Report Abuse

BDI up also useless la, EPS still negative.
Why still waste time here?

Posted by chinkeong88 > 2017-05-16 22:44 | Report Abuse

It depends to ppl analyze la.. to certain extend, some insist to hold until it die together. But one pointing out, this company got good management.. but still making loss money. Let u judge.

Posted by callme777 > 2017-05-17 08:05 | Report Abuse

Don't worry my friends. The oil and gas industry and the shipping line has gone through 3 tough years. E&P and shipping activities will pick up again. This is a economic cycle. Just buy and wait.

Posted by newbie2014 > 2017-05-17 09:06 | Report Abuse

If maybulk dont go bancrupt before economy pick up, it really can make huge profit in good time. Wait and accumulate slowly

Posted by newbie2014 > 2017-05-17 09:21 | Report Abuse

Latest target price given is 73sen. So i q at this price

Posted by comebackisreal > 2017-05-18 00:16 | Report Abuse

Beware of right issue to pay debt

Posted by chinkeong88 > 2017-07-06 21:57 | Report Abuse

BDI..keep downing n close at 827. Like tat tis counter Maybulk jia lat. The coming quarter report seem will be die again

Posted by newbie2014 > 2017-07-12 06:23 | Report Abuse

Stay aside n prepare go in if nothing going bad, just see now if oil price can lift up, and make sure this company still have money to sustain the future quarter losses, or investors would be scared away if company needs rights issue to cover losses

Posted by newbie2014 > 2017-07-20 14:22 | Report Abuse

Its time to buy now, come in now and hold

Posted by lingling66 > 2017-07-24 14:25 | Report Abuse

no movement at all oo ? still can buy meh?? no news too...

Posted by darkangell > 2017-07-24 15:02 | Report Abuse

on recovery,

Posted by AKUMAUKAYA > 2017-08-02 16:30 | Report Abuse

Recovery ????

Posted by chinkeong88 > 2017-08-03 23:20 | Report Abuse

Posh second qtr report shown lost..

Posted by darkangell > 2017-08-04 17:22 | Report Abuse

yes, is on recovery trend. previously many carrier winding up.
todays survivor will rise again.

Posted by perseushermes > 2017-08-07 23:24 | Report Abuse

feel the same too. A buying level

Posted by lching > 2017-08-18 11:32 | Report Abuse

BDI recovering since May, if the trend continued, next Q result should be good.

Posted by chinkeong88 > 2017-08-18 14:01 | Report Abuse

Coming qtr report should be publish in this month .. I guess should be in red color again...today price now at 0.74..

Posted by lching > 2017-08-18 14:51 | Report Abuse

no, i meant the q result on Sept. coming result only until June, not enough to reflect the upside of BDI. now already 76 cent. i m not fast enough to grab more..........sayang

Posted by Diamond7 > 2017-08-18 15:27 | Report Abuse

Superb! On the way to recovery!
I have similar opinion!

Posted by lching > 2017-08-18 15:42 | Report Abuse

my target is 95 cent by next week.