Posted by Hibiscus1688 > 2019-07-13 15:57 | Report Abuse

I am always convinced that opportunities are for those who are prepared, but sometimes waiting is also an opportunity.

Posted by chinkeong88 > 2019-07-13 22:22 | Report Abuse

The last two days trading in this wk show buy 95% ..but then slow down again..still show lack of support n attractive..maybe ppl heart already cool to tis company. Hope tis coming qtr will make some profit n fly again

Posted by chinkeong88 > 2019-07-13 22:24 | Report Abuse

冷眼 recently invest 10millions of share n becomes no fourth bigger shareholder...could tis company still in sleeping???

Posted by keanlew > 2019-07-14 00:27 | Report Abuse

bro,where u get the info?

Posted by chinkeong88 > 2019-07-14 08:17 | Report Abuse

@keanlew, from company report. Before that, cold eye got analyze this company n shared public. I believed the price purchase by him within 0.55-0.70..

Posted by chinkeong88 > 2019-07-14 08:21 | Report Abuse

investors still lack of confident to this Bdi..Jan/2019, bdi from 1300 drop to nearly 600 in a month...

Posted by k3nthiew > 2019-07-15 09:09 | Report Abuse

Time to fly....

Posted by Hibiscus1688 > 2019-07-15 14:57 | Report Abuse

Please fasten your seat belt.

Posted by No right Nor wrong Only to Win > 2019-07-15 15:20 | Report Abuse

No 1 gold of ship Armada move,
Now My 2nd war ship steaming hot.

Posted by No right Nor wrong Only to Win > 2019-07-15 16:06 | Report Abuse

Can shoot straight to 0.750

Posted by alex89 > 2019-07-15 19:05 | Report Abuse

LoL... 0.615 only

Posted by ChoCho > 2019-07-15 23:19 | Report Abuse

0.90 target. large rounding bottom.

Posted by ChoCho > 2019-07-16 10:37 | Report Abuse

High volume breakout this morning.

Posted by cutie > 2019-07-16 14:39 | Report Abuse

all cleared...

Posted by ChoCho > 2019-07-16 15:00 | Report Abuse

Next TP 0.7, 0.9, 2.0

Posted by alex89 > 2019-07-16 20:36 | Report Abuse

LoL... could it falls back to 0.50 ???

Posted by ChoCho > 2019-07-16 21:07 | Report Abuse

follow own trading plan. anything can happen in stock market. if one is big shark, he/she can pump and dump at any price he/she wish.

Posted by chinkeong88 > 2019-07-17 06:21 | Report Abuse

BDI 2011, new high!!!

Posted by 1431599283521664 > 2019-07-17 16:43 | Report Abuse

looks strong

Posted by Nepo > 2019-07-17 20:12 | Report Abuse

Buy in

Posted by Nepo > 2019-07-17 21:10 | Report Abuse

https://www.canadiancattlemen.ca/daily/ocean-freight-index-hits-five-and-a-half-year-highs/

Posted by cutie > 2019-07-18 10:02 | Report Abuse

volume dwindling....sell and buy back later.

Posted by alex89 > 2019-07-18 12:07 | Report Abuse

2064 BDI

Posted by cutie > 2019-07-18 14:35 | Report Abuse

POSH hardly move...aiiiii...finished

Posted by alex89 > 2019-07-19 08:26 | Report Abuse

POSH not longer related to Maybulk ???

Posted by Jnlee > 2019-07-19 08:51 | Report Abuse

posh sold ALREADY

Posted by Leong966 > 2019-07-19 09:46 | Report Abuse

BDI 2130 . Hope can keep up the momentum

Posted by origamiandair > 2019-07-19 10:03 | Report Abuse

US just shot down an Iranian drone in the Straits of Hormuz. More escalation. More uncertainties and fears. BDI should go up more.

Posted by Nepo > 2019-07-19 10:59 | Report Abuse

Normally this type of rise trend not sustainable.

Posted by DingDongHai > 2019-07-19 14:09 | Report Abuse

Cold eye start selling...aiyoo

Posted by wahd > 2019-07-19 17:38 | Report Abuse

How u know cold eye selling ?

Posted by VINZLOW > 2019-07-19 17:43 | Report Abuse

BDI keep going up ~ quite good sign

Posted by wahd > 2019-07-19 17:49 | Report Abuse

BDI 2064

Posted by Diamond7 > 2019-07-19 22:21 | Report Abuse

Fong Siling still 4th largest shareholder. He is an investor. He won't sell to gain only a few cents!

Posted by alex89 > 2019-07-20 13:40 | Report Abuse

BDI 2170...

Posted by chngmenghui > 2019-07-20 14:53 | Report Abuse

But share price not moving?

Posted by sapurakencana > 2019-07-20 15:27 | Report Abuse

already move 25% from the bottom,pls take note.

Posted by Hibiscus1688 > 2019-07-20 15:40 | Report Abuse

It will definitely be hyped next week

Posted by sapurakencana > 2019-07-20 16:08 | Report Abuse

Any body can explain the below statement stated in 1Q report(page 7),because this cost RM288mil may be incurred in following few quarter report.

(A)The right-of-use assets comprise 5 vessels leased from owners and are measured at the amount equal to the lease liabilities, and adjusted by the amount of provision for onerous contracts immediately before the date of initial application.

(B)Implicit interest on accrued lease payments is adjusted to accumulated losses as at 1 January 2019

(C)The lease liabilities arising from 5 leased vessels are recognised and discounted using the Group’s incremental borrowing rate of 4.48%, and adjusted by any accrued lease payments immediately before the date of initial application.

(D)The Group applied the practical expedient available in MFRS 16, Appendix C, paragraph 10(b) that allows any entity to rely on its assessment of whether leases are onerous as an alternative to performing an impairment review. The lessee shall adjust the right-of-use assets by the amount of any provision for onerous contracts recognised immediately before the date of initial application.

(E)Accrued lease payments previously classified as payables and other liabilities are now recognised as part of lease liabilitie.

The operating lease commitments disclosed under MFRS 117 as at 31 December 2018 are reconciled as follows to the lease liabilities recognised in the consolidated statement of financial position as at 1 January 2019, is as follows:


Operating lease commitments at 31 December 2018 RM281,832,000
Accrued lease payments RM 46,086,000
Relief option for short term leases RM(12,559,000)
Total RM315,359,000
Discounting RM(26,783,000)
Total lease liabilities as of 1 January 2019 RM288,576,000

Pls advise.Unless you understand this statement,otherwise dont simply invest your hard earned money.

Posted by chngmenghui > 2019-07-20 21:20 | Report Abuse

https://www.facebook.com/groups/mystockmarket/permalink/1727782430854722/

Posted by Nepo > 2019-07-22 11:56 | Report Abuse

It boosts by the article in Nan Yang newsletter, but whether the price can sustainable or not is still not certain。。。

Posted by No right Nor wrong Only to Win > 2019-07-22 12:25 | Report Abuse

5 months height,
going to ko its 6 months high.

Cheers

Posted by Bullbursa > 2019-07-22 14:24 | Report Abuse

By the time u certain, price already gone up.

Posted by chngmenghui > 2019-07-23 08:46 | Report Abuse

BDI 2191

Posted by No right Nor wrong Only to Win > 2019-07-23 11:19 | Report Abuse

Warship Canon is ready to shoot.

Posted by PotentialGhost > 2019-07-25 21:31 | Report Abuse

喜欢看 bdi index goreng 的朋友 ， 要小心了 bdi index 跌了 6% 你最好保佑bdi index 会一直上 。

Posted by John Angel > 2019-07-25 21:57 | Report Abuse

-6.97%

Posted by ChoCho > 2019-07-28 14:53 | Report Abuse

hi sapurakencana, the statement is similar to a hire purchase of a car. The RM288mil is a balance sheet item (liabilities). Each year, payment & and interest will be made for this facility.

Posted by sapurakencana > 2019-07-29 21:33 | Report Abuse

Thanks Chocho : that means if the lease liability period is 5 years,every year expenses for the lease should be 57mil per year / 14.4mil per quarter. If this expenses + interest expenses on bank borrowing 4.5 mil = total should be 19mil.It consist 29.6% of quarterly revenue.

Posted by sapurakencana > 2019-07-29 21:46 | Report Abuse

Quarterly main expenses for Maybulk should be Operating expenses (around RM42 to RM50 mil) + lease liability (RM14.4mil)+interest expenses on bank borrowing (RM4.5 mil)= RM60mil per quarter. If revenue generated less than this amount,we can forsee the coming 2 quarter still show red in quarter report due to uncertainty of dyr bulk rate. The worst thing if coming quarter still show
Impairment loss on vessels like what happen in Q1 RM12.2mil.