Posted by sharonchong > 2021-06-10 20:33 | Report Abuse

Heh guys, say hi to "one of the best defensive counters" during MCO 3.0 - The Maybulk!

BDI 2,481 -> 2,669 (+188, +7.5%)
BCI 2,488 -> 2,899 (+411, +16.5%)
BPI 3,063 -> 3,204 (+141, +4.6%)
BSI 2,508 -> 2,552 (+44, +1.8%)

Posted by KuchingBoy > 2021-06-10 21:58 | Report Abuse

Maybulk to the moon!

Posted by KuchingBoy > 2021-06-10 21:59 | Report Abuse

Cross referencing from Container shipping industry which has been moving up the past few days! Commodities demand remains high with recovery in place. Maybulk is horribly underappreciated!

Posted by Parksonguy > 2021-06-11 09:15 | Report Abuse

Other company minimum have 30 ship doing business. Maybulk only have 5 ship doing business. Less ship up less, not correct?

Posted by chief999 > 2021-06-11 09:34 | Report Abuse

sharon, the supramax and panamax index, is it at new high now?

Posted by sharonchong > 2021-06-11 09:38 | Report Abuse

Let me explain to you Parksonguy,

Think about Carepls, even thought its tiny like an ant if to compare with Topglove, but still you can't stop it to move from 0.15 to 5.00. Even now dropped back to 1.70 still up1000%+.

By the way, Maybulk has 7-8 ships to date not 5. And it's Kamsarmax are all new ships, built in 2018-2019.They are the largest and most modern/efficient panamax.

Posted by chief999 > 2021-06-11 09:51 | Report Abuse

yah, toking about the future ships efficiency, now start to see newer ships install renewable turbine to help with efficiency... looking good... I think shippers will have better cost efficiency in the future...

Posted by sharonchong > 2021-06-11 09:56 | Report Abuse

chief999,

Yes panamax is at its 10 yrs high, not supramax but still it's at the higher price range.. If they continue to stay at this range for another 6 months Maybulk will have a big turnaround story in 2021... If they continue to go up it will be exponential : ) (maybe like gloves last year)

Posted by chief999 > 2021-06-11 09:58 | Report Abuse

ohh... u think it can go exponential? but the interest on shipping in malaysia is very very low... nobody seems to be interested... but one thing for sure, major shareholder not gonna be the sellers... so not much ticket outside as well....

Posted by sharonchong > 2021-06-11 10:01 | Report Abuse

Exponential only if the Baltic indexes continue to go up, but for me I am satisfied if they stay at the high range because Maybulk coming results will be very cantik already...

Posted by sharonchong > 2021-06-11 10:08 | Report Abuse

Will be sold within 2021.. Will contribute about 50mil+ if not mistaken, need to double check..

Posted by sharonchong > 2021-06-11 10:13 | Report Abuse

yup.. chief999

Posted by RainT > 2021-06-11 10:31 | Report Abuse

uptrend sustain

Posted by Michael Kwok > 2021-06-11 15:11 |

Post removed.Why?

Posted by sharonchong > 2021-06-11 21:08 | Report Abuse

Great news guys! Let's see what's going to happen on Monday.

The Baltic Dry Index surged 7% to 2,857 on Friday, its highest since May 24th and extending gains for a third straight session, amid signs of improved demand as economies recover from the coronavirus and despite China’s efforts to limit rising commodity prices. The capesize, which tracks iron ore and coal cargos of 150,000-tonnes, surged 15.4% to a two-week high of 3,346; and the panamax index which tracks cargoes of about 60,000 to 70,000 tonnes of coal and iron ore, advanced 3.1% to 3,302, a peak since September of 2020. Among smaller vessels, the supramax index rose by 40 points to 2,592, its highest since at least 2017. The Baltic Dry Index rose more than 17% in the second week of June, its best since February.

Posted by zestyy90 > 2021-06-11 21:13 | Report Abuse

nice bdi

Posted by itjustabouttheprofit > 2021-06-12 00:21 | Report Abuse

https://klse.i3investor.com/blogs/undervalue/2021-06-12-story-h1566109640-Why_Maybulk_ASP_have_been_increased_by_almost_100.jsp

Posted by sharonchong > 2021-06-12 10:24 | Report Abuse

Yes... I think Maybulk will be one of the most rewarding counters to buy/hold during this lock down period of MCO 3.0..

Posted by Shootup > 2021-06-12 10:41 | Report Abuse

Its profit is really not in direct ratio with bdi jump, as proven in latest qr, be careful, cautious of assets in decreasing trend

Dont buy, unless long term bdi trades above 4000, maintains at least a year to prove the surge not due to unlocking of the pent up demands during lockdowns in many countries

It is enough to keep eyes on it for in case the chance comes with low risk for this company sinks

Posted by tkk1127 > 2021-06-13 00:02 | Report Abuse

If u see the article why maybulk, u will knw bdi not direct linked to maybulk result as bdi index is contributed by few index.

Posted by Dynasty > 2021-06-13 17:30 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/06/13/out-of-control-shipping-costs-fire-up-prices-from-coffee-to-toys

Posted by Bgt 9963 > 2021-06-14 09:14 |

Post removed.Why?

Posted by RainT > 2021-06-14 09:50 | Report Abuse

uptrend buy

Posted by mokluhanj21 > 2021-06-14 11:24 | Report Abuse

very interesting fundamental play on opening of global trade (though we understand that recovery is not equal but it is coming), This is as evidenced in:

1. increasing charter rates: Q1 '20 - $9.1k TCE/day vs Q1 '21 - $12.8k/day [41% increase]
2. sending back of loss-making vessels- cost savings
3. operating profit is coming back (though last Q was a huge lumpy item on gains on disposal- this is not repetitive)

link this to the demand from infra, the backlog in global semis supply chain, as well as other base metals and food commodities, we may yet see some crazy spike up to beyond 3stdev in price of Maybulk.. who knows? Let's monitor closely

Posted by chief999 > 2021-06-14 12:28 | Report Abuse

what is 3stdev in price mean?

3stdev in price of Maybulk.

Posted by chief999 > 2021-06-14 14:37 | Report Abuse

re:deMusangking, what is your TP here?

Posted by chief999 > 2021-06-14 16:29 | Report Abuse

ouch... so long need to wait 1 year...

Posted by chief999 > 2021-06-14 21:12 | Report Abuse

Yah i mean 6 months... Huhu..

Posted by sharonchong > 2021-06-14 22:03 | Report Abuse

Heh guys, the uptrend continues today!

The Baltic Dry Index rose 3% to 2,949 on Monday, a peak since May 13th and extending gains for a fourth straight session, supported by economic recovery and despite China’s efforts to limit rising commodity prices. The capesize, which tracks iron ore and coal cargos of 150,000-tonnes, surged 5.9% to 3,543; and the panamax index which tracks cargoes of about 60,000 to 70,000 tonnes of coal and iron ore, increased 1.2% to 3,343, a peak since September of 2010. Among smaller vessels, the supramax index rose 32 points to 2,694, its highest since available records began in 2017. The Baltic Dry Index rose more than 17% in the second week of June, its best since February.

Posted by sharonchong > 2021-06-14 22:04 | Report Abuse

Panamax 10 years high! Supramax the highest since available records! Wow..

Posted by RVI123 > 2021-06-14 22:06 | Report Abuse

If the Q2 results is good, price will go up to RM1.00.

Posted by chief999 > 2021-06-15 09:55 | Report Abuse

pacific basin broke new high... but we are still sleeping here... :(

Posted by Activestream > 2021-06-15 14:56 | Report Abuse

70 cents break liao jalan jalan lets go

Posted by chief999 > 2021-06-15 14:57 | Report Abuse

this week 80cents can mou?

Posted by Activestream > 2021-06-15 15:03 | Report Abuse

chief999 this week 80cents can mou?

I think so can maybe pray for the best !!!

Posted by chief999 > 2021-06-15 15:06 | Report Abuse

ok pray for the best...

Posted by chief999 > 2021-06-15 15:53 | Report Abuse

who is Wan Dollah?

Posted by vcinvestor > 2021-06-15 15:56 | Report Abuse

younger brother of Two Dollah

Posted by chief999 > 2021-06-15 16:12 | Report Abuse

aiyo... now only i get it... 1 dollar lor.... aiseh mco mah... stay at home until not much functioning already...

Posted by vcinvestor > 2021-06-15 16:23 | Report Abuse

its ok bro come talk to my friend Three Dollah and his uncle Fiddy Sen

Posted by chief999 > 2021-06-15 16:41 | Report Abuse

see if our PM will continue lockdown... if yes, really my brain will go more than 70percent shutdown de... :(.... and also this maybulk, really testing my patience... up up so bloody slow.. another 6 months... dont know can wait of not ...lol

Posted by chief999 > 2021-06-15 16:41 | Report Abuse

when i see you, i really think of eating Musangking, my place here aiduh, still nobody selling...

Posted by skyjet > 2021-06-15 16:42 | Report Abuse

China steel price big up. Buy steel stock.

http://www.sunsirs.com/uk/prodetail-961.html

Posted by hsyanbird > 2021-06-15 18:06 | Report Abuse

steady pom bi bi on the way to go 0.8 above.

Posted by Lawman > 2021-06-15 18:42 | Report Abuse

Chief it has been 10 years+ of global shipping market consolidation. Imagine all those people who bought Maybulk for the past many years, almost all of them would have only seen their investment depreciate lower and lower. I was one of the lucky ones to exit near the top and after all these years only returning to invest back in Maybulk hoping to see a sustained recovery.

Most people will be cautious of this stock so don't expect a quick price surge. Only once they see a sustained recovery in earnings and shipping rates, then only can the share price have a larger surge. Other than that if it becomes a penny stock play then you'll be lucky.

Posted by sharonchong > 2021-06-15 20:37 | Report Abuse

Oh my goodness! BDI just breaks 3000 points! All 3 indexes - BCI, BPI & BSI continue to move up and up! Maybulk, you're really the best defensive fundamental counter for MCO 3.0...

Posted by sharonchong > 2021-06-15 21:11 | Report Abuse

Ya.. Musangking, looking at the current trend Maybulk should be able to reach 1.00-1.20 soon.

The Baltic Dry Index rose 2.8% to 3,025 on Tuesday, a peak since May 13th and extending gains for a fifth straight session, supported by economic recovery and despite China’s efforts to limit rising commodity prices. The capesize, which tracks iron ore and coal cargos of 150,000-tonnes, surged 4.3% to a three-week high of 3,695; and the panamax index which tracks cargoes of about 60,000 to 70,000 tonnes of coal and iron ore, increased 1.9% to 3,407, a peak since June of 2010. Among smaller vessels, the supramax index rose 43 points to 2,667, its highest since available records began in 2017.

Posted by chief999 > 2021-06-15 21:18 | Report Abuse

Demusangking, how come can more than wan dollah? I tot earlier wan dollah ia max?

Posted by chief999 > 2021-06-15 21:48 | Report Abuse

Aiyo... Educate me lar. Dont educate how to learn ler..

Posted by chief999 > 2021-06-16 10:24 | Report Abuse

aiyo... drop to 70 cents pula... no energy ler... wan dollah also dont know got or not... huhu