Posted by Hew Kiong Peng George > 2020-10-07 06:24 | Report Abuse

BDI 2097,maybulk tp 50sen coming weeks

Posted by Nepo > 2020-10-07 21:15 | Report Abuse

Cold Eye not reliable. He already abandoned this ship..same for Jtiasa.. follow him goes to Holland..

Posted by winmal > 2020-10-08 09:43 | Report Abuse

Plantation poise to trend up as share price have retreat from recent high

Posted by sapurakencana > 2020-10-08 13:20 | Report Abuse

here is shipping counter,please go to proper channel,thanks!

Posted by chesslim > 2020-10-08 13:21 | Report Abuse

马云说的这段话：
"聪明"的都离开了，留下的"傻子"都成了富豪。
创业，就是一帮“疯子"带着一群"傻子"
在一起做一件未来可能很牛的事情！

Posted by sapurakencana > 2020-10-08 19:14 | Report Abuse

this is why we call Cold Eye is a genius, he had patient where other person dont have. salute.

Posted by sapurakencana > 2020-10-20 15:50 | Report Abuse

Chngminghui -BDI 1409

Posted by fruitcake > 2020-10-22 11:44 | Report Abuse

maybulk, what are shipping these days? vaccines?

Posted by sapurakencana > 2020-10-22 21:05 | Report Abuse

Chngminghui -BDI 1346

Posted by sapurakencana > 2020-10-26 12:09 | Report Abuse

When i check all the asia shipping stock,all record high volume & higher price,so think abount this counter.

Posted by greenland > 2020-11-12 05:58 | Report Abuse

Hi AngelVi, I am still around. Nothing exciting to share, so I did not mention anything for now. Do take a look at the palm oil sector.. TSH is my pick. Shortage of world edible oil is real. India, world largest buyer of Palm oil is recovering from 80k a day new Covid cases to 40k now. Its opening up and consumption to follow. China record buying of soy to revive the pig and poultry industry after recent African swine outbreak in August. Brazil world largest soy produce experiencing super dry weather delaying Nov planting season..
All these factors are pushing palm oil to a new high and expected to stay at this level as more countries try to open up. Palm oil stocks will record very good results this month.
Actual value still not reflected in most counters.
Its time to focus on recovery of the pandemic. Stocks like consumer items, transportation such as Maybulk and palm oil are my pick.
JAG is another good one as they recycle electronic waste and extracting palladium, gold and copper. After restructuring 4 to 1, good Balance sheet after the August Private Placement, it should do well in this coming results .

Posted by greenland > 2020-11-12 06:01 | Report Abuse

In a way, the dry bulk business will stay quiet for now. But the corn and soy from Latin America will be out again in Feb-May. China has record buying on steel in August. And now record buying on soy delivery starting Feb..

Posted by greenland > 2020-11-12 06:02 | Report Abuse

So perhaps that gives a bit of light as to the cycle of the BDI..

Posted by sapurakencana > 2020-11-12 20:47 | Report Abuse

greenland,can you share the sources of the above info.(corn,soya & steel & the statistic of china import (Platform)thanks.

Posted by xjteh > 2020-11-16 11:54 | Report Abuse

Maybulk- corrective mode finally is over. Just wait patiently. TP1:0.405, TP2:0.445

Posted by Diamond7 > 2020-11-17 14:16 | Report Abuse

Dry bulk?
Palm oil..
Coal...

Logistics theme
Correct?

Posted by niet > 2020-11-18 19:30 | Report Abuse

https://www.cnbc.com/2020/11/18/maersk-q3-earnings.html

Posted by Diamond7 > 2020-11-19 13:22 | Report Abuse

Rebound starts!
This coming quarterly report will be excellent!
Good business...
Storage n transport of palm oil n petroleum n dry bulk

Posted by 360Capitalist > 2020-11-19 20:54 | Report Abuse

https://tradingeconomics.com/commodity/baltic

Q3 Baltic Rate up more than 100% Compared to Q2

Posted by 360Capitalist > 2020-11-19 20:56 | Report Abuse

https://www.scmr.com/article/u.s._supply_chain_managers_should_expect_higher_ocean_contract_rates_in_202

U.S. Supply Chain Managers Should Expect Higher Ocean Contract Rates in 2021, Says Drewry

As we move closer to the end of the year, Drewry reaffirms its view that manufacturers and retailers should expect ocean contract freight rates on most routes to increase – not fall – in 2021, following major market changes since the COVID-19 outbreak.

It is too early in the Q4 bid season to reach exact conclusions about 2021 rate changes. However, industry analysts say the signs are obvious in the spot market for ocean transportation that carriers have gained pricing power and are managing ship capacity to their advantage.

Based on the Drewry Container Freight Rate Insight, a service that tracks and provides average spot container freight rates on 700+ lanes globally and analyses market trends, analysts say they can clearly see that 2020 spot rates have exceeded 2019 spot rates by a large margin since March. The Global Freight Rate Index, a weighted average of all-in spot rates on East-West, North-South and intra-regional international routes, reached $2,540/40ft container in September, a 43% increase from September 2019.

“Some routes and regions stand out as benefiting from lower rates, but the vast majority are seeing rates rise – particularly Transpacific Eastbound -, where the increases are worryingly high for shippers and the rates are much more profitable for ocean carriers,” says Philip Damas, director and head of the supply chain advisors practice London-based Drewry.

The stratospheric increases in transpacific spot rates and the current shortage of capacity in Asia have led regulators in China and in the US to signal that they are watching the competition situation closely. China’s Ministry of Transport met most major carriers on 11 September and asked carriers why there were such large increases in transpacific rates and expressed “hope” that they would bring back ship capacity to the market.

In the U.S. the Federal Maritime Commission said on 16 September that it is “actively monitoring for any potential effect on freight rates and transportation service levels, using a variety of sources and markers, including the exhaustive information that parties to a carrier agreement must file with the agency.”



According to Damas, the Transpacific Eastbound route (rates up 180% year-on-year) and the North Europe-to-Asia route (rates up 130% year-on-year) stand out as routes where very high spot rates are likely to pull up contract freight rates in the forthcoming annual tenders.

“In other words, spot rates (now high) and contract rates (now relatively low) will converge – with contract rates on most routes expected to rise in 2021. The current gap between transpacific rates and spot rates is over $2,000/40ft container and intrinsically encourages carriers to minimise their capacity sold under (much lower) contract rates,” says Damas.

Particularly this year, shippers and forwarders should track the development of spot freight rates because they indicate the tightness of the market on some routes, they may be a leading indicator of contract rates, and they could point to future problems of capacity availability if ocean carriers prioritise (higher) spot cargoes vs (lower-rated) less profitable contract cargoes.
“Besides the risk of higher ocean rates, the other question on the agenda in 2021 is: which reliable providers should my company use to secure ship capacity?” Damas concluded.

Posted by yangxi > 2020-11-19 23:31 | Report Abuse

if this qrt still rugi.. then something wrong liao.

Posted by ming > 2020-11-20 01:03 | Report Abuse

I tot maybulk should refer the BDI..

this news regarding container shipping.. different story ba.

Posted by ming > 2020-11-20 01:05 | Report Abuse

Bdi last month touch 2k then laosai till 1100 now.. but share price still up..xD

Posted by alex > 2020-11-20 09:00 | Report Abuse

wow.. open high high..

Posted by xjteh > 2020-11-20 11:15 | Report Abuse

TP3: 0.505. Hwv, today opening price is gap up. Just watch out if the gap 0.435-0.445 to be filled.

Posted by SpicyMcDeluxe > 2020-11-20 15:36 | Report Abuse

kekw

Posted by Nepo > 2020-11-21 08:22 | Report Abuse

If sailing so fast, Cold Eye may be regretted to abandon this ship too earlier..

Patience seems easy to say but no easy to practice..

Posted by Woodswater > 2020-11-21 12:55 | Report Abuse

https://www.sinchew.com.my/pad/con/content_2380021.html

Posted by Nepo > 2020-11-21 17:32 | Report Abuse

Probably Maybulk will be benefited because Maybulk's boss Mr Kuok has a tie connection with China govt..

Posted by xjteh > 2020-11-21 21:58 | Report Abuse

After TP3: 0.505 to be achieved, TP4: 0.55, TP5: 0.66, TP6: 0.86, 4mths to achieve TP6.

Posted by SelfMadeMillionaire > 2020-11-21 22:02 | Report Abuse

Will the market crash if budget 2021 cannot be passed this coming Thursday (26/10/2020)? These are the 4 possible scenarios:

1. Parliament will be dissolved and a snap election will be called
2. A state of Emergency in the whole country will be declared by YDPA
3. Muhyiddin will resign and YDPA will appoint an interim PM
4. YDPA will appoint a new PM who has majority MPs support. A new budget 2021 also will be tabled by the new appointed PM.

Will the market go down? Will it crash? Take profit now or wait?

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Price correction coming as shown in TA chart. RSI at 80% all time high. MACD all time high and about to cross like previous crossing. Volume down

Posted by davidkkw79 > 2020-11-22 17:29 | Report Abuse

Its chart look like 天外飞仙.... want to chase pun tak sempat

Posted by rob8ry24 > 2020-11-22 17:55 | Report Abuse

where u see macd all time high about to cross? still quite low will go higher. not crossing anytime soon la. u open eyes big2 la. but rsi n mfi really very high la but not maxed yet.

Posted by rob8ry24 > 2020-11-22 17:59 | Report Abuse

want to chase just chase la david. like me, noticed late bot at 47. 2molo sure gap up sell 52 enuf la.

Posted by High5 > 2020-11-23 09:24 | Report Abuse

Today limit up????

Posted by trader808 > 2020-11-23 11:55 | Report Abuse

what is the news? . Maybulk shooting up.

Posted by syiraa > 2020-11-23 13:51 | Report Abuse

Still can enter?

Posted by maxstore769 > 2020-11-23 21:59 | Report Abuse

same sector with all transport. SEALINK?

Posted by steve8lily > 2020-11-24 10:08 | Report Abuse

Currently seafreight is increase price USd1000 per container, grab it by too late

Posted by Nepo > 2020-11-24 15:51 | Report Abuse

omg..cut loss..

Posted by Diamond7 > 2020-11-24 17:35 | Report Abuse

Vow!
Very very strong support at 0.49
When is the quarterly report?

Posted by sapurakencana > 2020-11-24 21:32 | Report Abuse

steve8lily,this company only operate dry bulk vessel, not container,daily chartered rate is totally different.

Posted by sapurakencana > 2020-11-24 21:33 | Report Abuse

Nepo ,what price you buy?

Posted by kentck86 > 2020-11-24 22:56 | Report Abuse

disposing another vessel..3 vessels dispose for this year. what MBC is doing..keep disposing their asset. how to make more money la like this.

Posted by sapurakencana > 2020-11-25 09:23 | Report Abuse

may be this is the turning point.dont you see balance sheet become pretty good.

Posted by sapurakencana > 2020-11-25 09:25 | Report Abuse

If u dont sell the old vessel,the depreciation /impairment value will be higher in advance

Posted by maxstore769 > 2020-11-25 10:04 | Report Abuse

sealink will follow?

Posted by sapurakencana > 2020-11-25 10:47 | Report Abuse

sealink focus on local market & q result not so good,dont expect too much

Posted by xjteh > 2020-11-25 15:08 | Report Abuse

Just watch out if the gap 0.435-0.445 to be filled- the price action seems towards the tendency to fill this gap. Still maintain of TP6: 0.86 in 4 mths time.

Posted by Nepo > 2020-11-25 16:25 | Report Abuse

Reasons for TP 0.86?