Posted by chl1989 > 2021-05-11 22:21 | Report Abuse

plz panic sell to me

Posted by chl1989 > 2021-05-11 22:22 | Report Abuse

when everyone panic sells, u sell also, how to make big bucks?

Posted by PositiveNews > 2021-05-12 09:25 | Report Abuse

Yes, next target price, anyone?

Posted by Powerplay666 > 2021-05-12 09:31 | Report Abuse

https://choivocapital.com/2021/04/21/maybulk-5077-dry-bulk-carrier-charter-rates-at-10-year-high-2021-projected-profit-rm120m5per-sustainable-recovery-in-dry-bulk-carrier-charter-rates/

Good to read again

Posted by theavenger > 2021-05-12 10:04 | Report Abuse

buy must buy now ....very cheap

Posted by Parksonguy > 2021-05-12 10:21 | Report Abuse

Fast run. Mco mco mco

Posted by Powerplay666 > 2021-05-12 10:44 | Report Abuse

Once qr is out, it will be too late to buy

Posted by theavenger > 2021-05-12 11:23 | Report Abuse

limit down also not bad ...can buy more ....

Posted by theavenger > 2021-05-12 11:55 | Report Abuse

of course

Posted by chl1989 > 2021-05-12 12:23 | Report Abuse

agm next monday sure fly la

Posted by FantasticK > 2021-05-13 12:54 | Report Abuse

can refer these video https://youtu.be/ryvnJjSpo98
actually out of malaysia, other country dry bulk transportation share already sky high

Posted by batu88 > 2021-05-13 22:11 | Report Abuse

https://www.hellenicshippingnews.com/weekly-dry-time-charter-estimates-may-12-2021/

Posted by batu88 > 2021-05-13 22:18 | Report Abuse

https://www.hellenicshippingnews.com/weekly-dry-time-charter-estimates-march-31-2021/

Posted by batu88 > 2021-05-13 22:18 | Report Abuse

https://www.hellenicshippingnews.com/weekly-dry-time-charter-estimates-january-06-2021/

Posted by Parksonguy > 2021-05-14 10:47 | Report Abuse

Fast sell bdi everyday started drop. Sell.

Posted by Parksonguy > 2021-05-14 10:48 | Report Abuse

Bdi will hit below 2500 due to india covid. Run run run

Posted by Powerplay666 > 2021-05-14 11:32 | Report Abuse

Even if bdi hits 2500 (which is unlikely because of the shortfall of dry bulk carrier in the world) its still x5 times the bdi of 500 in 2020. These carriers take 2 years to build which means that the current dry bulk carriers available in the world today will see a multiple fold earnings boost for the next 2 years at least. And as the world comes out of covid into recovery later in the year, dry bulk demand will further skyrocket. Place your bets now to cash in.

Posted by Parksonguy > 2021-05-15 13:03 | Report Abuse

Gg liao. Fsst run already below 3000.

Posted by Parksonguy > 2021-05-15 13:04 | Report Abuse

Will belowv2000 in 1 month

Posted by batu88 > 2021-05-16 21:22 | Report Abuse

Base on my estimation for Q1 2021, revenue is around RM50mil with PAT RM10mil. It is assumed that average TCE 12k USD and Hire Day 860 day for Q1 2021.

Base on current BDI, Q2 2021 average TCE should be able to achieve >18k USD. Then Q2 2021 can reach revenue RM70mil with PAT RM30mil. Forward PE is around 6 only if it's true.

Let's wait for Q1 financial result to verify all my assumption.

Posted by sapurakencana > 2021-05-16 22:09 | Report Abuse

batu88,base on your calculation will u hold your position or add some more until end of this year?.For me my answer is yes if profit show increase significant!

Posted by batu88 > 2021-05-17 01:24 | Report Abuse

Have to wait for Q2 results 1st and estimate the average TCE again. By then only know what to do next. If average TCE for maybulk can reach 15k usd and above, for me anything below rm1 is worth to collect more. Anyway, won't do anything now, I have not much bullet to collect more now. Lol.

Posted by sapurakencana > 2021-05-17 09:37 | Report Abuse

That means you not even hold any position now.,am i right!

Posted by wahd > 2021-05-17 09:40 | Report Abuse

What is TCE?

Posted by Swcm98 > 2021-05-17 09:59 | Report Abuse

Why dropping so much subddenly?

Posted by Parksonguy > 2021-05-17 10:13 | Report Abuse

Fast run going declare imparement loss at quarter 1 already. Estimate company only wortg 30sen

Posted by batu88 > 2021-05-17 10:28 | Report Abuse

TCE is time charter equivalent. It's a daily rental rate. You may refer to their quarterly report. Maybulk did show this figure in their quarterly report.

Posted by chief999 > 2021-05-17 10:58 | Report Abuse

any update from AGM?

Posted by Parksonguy > 2021-05-17 11:28 | Report Abuse

Don't wait agm sell when you can. Imparement loss coming

Posted by Lam LH > 2021-05-17 11:40 | Report Abuse

nta 27 cents and no dividends for yearsss. will drop back to 40 cents below. bank pembangunan has been selling and who is absorbing those share?

Posted by cherry88 > 2021-05-17 11:58 | Report Abuse

I attended its online AGM. Chairman mentioned that the quarterly results will be released by this week (tomorrow / day after). He did hint the results "should be good" for this current and next quarter but anything beyond this is "uncertain". They will update the increasing TCE and and BDI trend in the quarterly report too. To me, the management is pro and "on the field" in the industry and have proper capital management in mind. If we assume the industry is on its 10-year low and toward its end of consolidation, it is worth to wait and enjoy it uptrend from here. Just need to wait for few years. Not for short term trade

Posted by Hustle > 2021-05-17 12:27 | Report Abuse

Worry about missile may b

Posted by CatchThe Bull > 2021-05-17 12:40 | Report Abuse

Thank @Cherry88 for the update. Just bought some Maybulk again today for third time trading, after sold all at 0.8

Posted by princehero > 2021-05-17 12:45 | Report Abuse

Gold stocks uptrend

Posted by Powerplay666 > 2021-05-17 13:30 | Report Abuse

Bank pembangunan has been off loading almost daily which has created the selling pressure. They are selling because they need the funds for the 3b loan program they are launching for the government. Nothing to do with FA. By all counts they are down to the last 2 or 3 % shareholding. Once they are done, this counter will have no resistance but to fly

Posted by batu88 > 2021-05-17 13:44 | Report Abuse

Management are quite conservative in their forecast and uncertain for coming Q3 and Q4.
Let's us wait for fruitful Q1 and Q2 result and check for Q3 Q4 BDI at that time.
If the demand is continue strong, it is worth for us to hold longer term. In addition, during AGM, did mentioned that no more impairment loss this year (suppose to mark it as gain instead of loss since 2nd hand value for dry bulk vessel increase a lot this year).

Posted by chief999 > 2021-05-17 14:11 | Report Abuse

" no more impairment loss this year"

very good to hear this... :)

Posted by cherry88 > 2021-05-17 14:32 | Report Abuse

this question was raised too. confirmed by FC that "no more impairment this year"

Posted by cherry88 > 2021-05-17 14:35 | Report Abuse

Was told AIA fund is buying aggressively....this is an unconfirmed news....I may be wrong...Please don't sue me for giving wrong statement ...

Posted by chief999 > 2021-05-17 15:01 | Report Abuse

its possible... AIA and AIG offers marine insurance... they know what is the current market now...

Posted by batu88 > 2021-05-17 21:20 | Report Abuse

https://tradingeconomics.com/commodity/baltic
BDI drop to 2856. But supramax index remained slight increase.

Posted by chief999 > 2021-05-18 09:03 | Report Abuse

maybulk ships are Kamsarmax... need follow Panamax/Kamsarmax rates...

Posted by theavenger > 2021-05-18 09:48 | Report Abuse

this week will release financial result ...

Posted by Parkdadguy > 2021-05-18 09:58 | Report Abuse

Maybulk have both Kamsarmax and Supramax

Posted by chief999 > 2021-05-18 10:10 | Report Abuse

ok

Posted by chl1989 > 2021-05-18 11:23 | Report Abuse

20mil net profit??

Posted by sapurakencana > 2021-05-18 11:29 | Report Abuse

dont ever chit by other,learn yourself.Just recover,but can not turnaround so fast & so hugh, for long term is worth to invest.

Posted by Wok > 2021-05-18 14:26 | Report Abuse

So long as BDI is above 1700, Maybulk will be nearing breakeven barring any unforeseen events.

If BDI maintains above 2200 for the entire year, the simulated forward EPS would be around 14 sen. Every increase in of +200pts from BDI 2200 onwards adds about 2 sens more to the forward EPS.

The leading indicator to watch other than the BDI will be Pacific Basin in HKEX 2343.HK...happy investing

Posted by chief999 > 2021-05-18 15:08 | Report Abuse

may also have revaluation gain on vessels... :)

"So long as BDI is above 1700, Maybulk will be nearing breakeven barring any unforeseen events. "

Posted by sapurakencana > 2021-05-18 15:32 | Report Abuse

wah,wah,wah!
If BDI maintains above 2200 for the entire year, the simulated forward EPS would be around 14 sen. Every increase in of +200pts from BDI 2200 onwards adds about 2 sens more to the forward EPS.
Dear Wok : What formula you used to conclude the above statement,(Why EPS would be around 14 sent?)Pls dont misled Chl1989 again!