MAYBULK BERHAD

KLSE (MYR): MAYBULK (5077)

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Last Price

0.33

Today's Change

+0.005 (1.54%)

Day's Change

0.325 - 0.335

Trading Volume

688,500


9 people like this.

5,726 comment(s). Last comment by dompeilee 1 week ago

Posted by Choivo Capital > 2021-04-28 13:34 | Report Abuse

Regardless of what people say (its very easy to find articles to support whatever viewpoint you desire),

https://www.hellenicshippingnews.com/category/shipping-news/dry-bulk-market/

You can keep track on all the news here, and make up your own mind.

Posted by Parkdadguy > 2021-04-28 14:48 | Report Abuse

Parksonguy is just a random guy talking random shit spreading random rumor, let him be the clown and other just ignore him. He cant prove his point at all, and doesn't care to prove his point as long as he can make ppl believe his shit and affect the share price.

chl1989

2,552 posts

Posted by chl1989 > 2021-04-28 15:08 | Report Abuse

keep adding.. will fly once they finish cashing out

chl1989

2,552 posts

Posted by chl1989 > 2021-04-28 15:08 | Report Abuse

easily rm1

RVI123

660 posts

Posted by RVI123 > 2021-04-28 15:27 | Report Abuse

All the international dry bulk shippers in the US, Japan, South Korea, China, HK, Taiwan and Singapore are doing well at this time with huge profits. Let us see if the CEO of Maybulk is doing a good job or not?

RVI123

660 posts

Posted by RVI123 > 2021-04-28 15:37 | Report Abuse

It was very fishy that Maybulk had an impairment of RM55.8mil in the quarter ending 31/12/20. The world market price of used ships was in uptrend during that time. Why was there an impairment?

theavenger

227 posts

Posted by theavenger > 2021-04-28 15:42 | Report Abuse

just buy .....very cheap

theavenger

227 posts

Posted by theavenger > 2021-04-28 15:57 | Report Abuse

last chance to collect maybulk at 0.65

theavenger

227 posts

Posted by theavenger > 2021-04-28 16:01 | Report Abuse

see you at 1.00

Parksonguy

537 posts

Posted by Parksonguy > 2021-04-28 16:28 | Report Abuse

Fast run last chance sell to sell high. Maybulk right issue news come out due to wanted buy 5 more ship at cost 500millions. Forget about impairment, right issue coming.

Lawman

86 posts

Posted by Lawman > 2021-04-28 16:30 | Report Abuse

@RVI123 good point on the RM55.8 impairment. Unfortunately the Annual Report does not elaborate much on if it was a specific old ship or all the ships. I would be highly surprised if they impaired their newer and larger ships, unless it is a strategy to write-back this year and show stellar results?

Parksonguy

537 posts

Posted by Parksonguy > 2021-04-28 16:31 | Report Abuse

250millions used to buy ship, 250millions masuk pocket Muhyiddin for the coming election.

Parksonguy

537 posts

Posted by Parksonguy > 2021-04-28 16:33 | Report Abuse

Next month AGM will declare right issue buy new ship to replace old ship. May allah bless you all.

cheoky

2,823 posts

Posted by cheoky > 2021-04-28 16:59 | Report Abuse

later robert k privatize at RM1 dont want let you all buy

cheoky

2,823 posts

Posted by cheoky > 2021-04-28 17:05 | Report Abuse

intention so subtle but clear. ikan bilis article come out of nowhere still need to do official rebuttal. 1st time see such official annoucement.

on the other hand, ucrest needs ceo huhahuha. transaction volume a day is equivalent to whole company outstanding share.

batu88

920 posts

Posted by batu88 > 2021-04-28 17:52 | Report Abuse

No one will care about impairment loss or gain. Unless they plan to dispose all the vessels (which I doubt anyone will sell their fleet now). As long as BDI remained high (average 2500 until end of year) especially index for Panamax and Supramax, maybulk should be perform well.

Parksonguy

537 posts

Posted by Parksonguy > 2021-04-28 18:02 | Report Abuse

Right issue call are on they way to buy new ship. Run when you still can. May god bless you all.

batu88

920 posts

Posted by batu88 > 2021-04-28 22:15 | Report Abuse

The Baltic Dry Index rose 2.4% to an over 10-1/2-year high of 2,957 on Wednesday, extending gains for an eleventh straight session, linked to the strong performing Brazilian iron ore exports as key markets replenish supplies that were drawn down in the year of the pandemic. The capesize index, which tracks iron ore and coal cargos of 150,000-tonnes, rose 3.6% to a more than one-year high of 4,680; and the panamax index which tracks cargoes of about 60,000 to 70,000 tonnes of coal and iron ore, advanced 1.3% to 2,584. Among smaller vessels, the supramax index edged up 11 points to 2,140.
source: Baltic Exchange

sapurakencana

1,144 posts

Posted by sapurakencana > 2021-04-29 22:17 | Report Abuse

3007

chl1989

2,552 posts

Posted by chl1989 > 2021-04-29 23:01 | Report Abuse

rm1 at least

Parksonguy

537 posts

Posted by Parksonguy > 2021-04-30 07:46 | Report Abuse

Hehe. Sure declare right issue to purchase new ship. Fast run before too late

theavenger

227 posts

Posted by theavenger > 2021-04-30 08:47 | Report Abuse

bdi 3000

Posted by Parkdadguy > 2021-04-30 09:45 | Report Abuse

@Parksonguy shut up

Parksonguy

537 posts

Posted by Parksonguy > 2021-04-30 11:09 | Report Abuse

AGM coming to declare right issue. Fast run before too late. May Allah bless you all.

batu88

920 posts

Posted by batu88 > 2021-04-30 19:46 | Report Abuse

Next week should be the last week we saw BPMP in insider news.

investor77

805 posts

Posted by investor77 > 2021-05-02 13:37 | Report Abuse

When is the AGM? This share losing money all the while. Share can move only after Bank Pembangunan no longer 5% share holder. BPMB selling due to Court Case of CBT of it s Director ?

RVI123

660 posts

Posted by RVI123 > 2021-05-02 18:08 | Report Abuse

By Monday, BPMB's shareholings in Maybulk will drop below 5%.

RVI123

660 posts

Posted by RVI123 > 2021-05-02 18:10 | Report Abuse

BDI on Friday was 3053.

RVI123

660 posts

Posted by RVI123 > 2021-05-02 18:13 | Report Abuse

BDI will be trading at elevated level for the next few years. Bulk freight rates will stay at high level or moving further upwards.

theavenger

227 posts

Posted by theavenger > 2021-05-03 11:00 | Report Abuse

congrat all shareholder of maybulk , @parksonguy m, i think we dont mind to subscribe right issue at 1.50 ..hehe

Posted by Parkdadguy > 2021-05-03 11:12 | Report Abuse

up, up and away to infinity... and beyond!

batu88

920 posts

Posted by batu88 > 2021-05-03 18:52 | Report Abuse

hopefully, BPMB no more bullet. then we can see the price naturally mark to market.

batu88

920 posts

Posted by batu88 > 2021-05-03 19:32 | Report Abuse

I'm not too familiar with technical. but today's volume is extremely high. it is only comparable to volume during 2016 April which is sound good to me. Haha..

WinWin995

211 posts

Posted by WinWin995 > 2021-05-04 10:04 | Report Abuse

On the way to climb up!

theavenger

227 posts

Posted by theavenger > 2021-05-04 12:00 | Report Abuse

on the way to RM2.00

greenland

378 posts

Posted by greenland > 2021-05-04 13:25 | Report Abuse

The BDI has risen from 450 points to 3000 points since last year. However, the price of Maybulk which its business is closely related to the BDI has only increased from RM0.25 to 0.71... The revenues has definitely increased.

yeoqian

33 posts

Posted by yeoqian > 2021-05-04 15:12 | Report Abuse

wondering who absorbed so much of Bk pembangunan's tickets.. interesting

theavenger

227 posts

Posted by theavenger > 2021-05-04 15:27 | Report Abuse

gogogo...

Parksonguy

537 posts

Posted by Parksonguy > 2021-05-04 15:47 | Report Abuse

Fast sell. Going to declare right issue purchase new ship

theavenger

227 posts

Posted by theavenger > 2021-05-04 15:58 | Report Abuse

i like right issue ...i dont mind right issue price at 2.000

batu88

920 posts

Posted by batu88 > 2021-05-04 19:17 | Report Abuse

Assumed 25% of selling for today and yesterday are from BPMB, they only left 30million share. should be no more bullet before raya. Look at the share price for Star Bulk Carrier Corp yesterday, +12.8%. 5 years record high.

Posted by Reichwerden > 2021-05-04 20:17 | Report Abuse

Hooray hooray hooray eased .... glory glory glory....

batu88

920 posts

Posted by batu88 > 2021-05-04 21:35 | Report Abuse

breakwave dry bulk shipping etf historical high now.

Parksonguy

537 posts

Posted by Parksonguy > 2021-05-05 00:48 | Report Abuse

Fast sell. Government going to implement dry bulk shipping tax from 6% to 30% .

Parksonguy

537 posts

Posted by Parksonguy > 2021-05-05 00:49 | Report Abuse

Tomorrow dry bulk company will down horrible fast run.

Posted by Parkdadguy > 2021-05-05 09:11 | Report Abuse

FYI, income from shipping business is tax exempted in Malaysia and Singapore. And most of Maybulk ship is in SG. So even tax rate up to 100% 200% 500% 1000%, it will still exempted. Nice try Son.

Posted by Reichwerden > 2021-05-05 09:17 | Report Abuse

This Parkdaddog is registered i3 to spam maybulk. Alert! Report to authority .

Posted by Parkdadguy > 2021-05-05 09:25 | Report Abuse

Ya report. All the comment I post is with point.

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