ai yo abang adik, ru tau ar? itu minyak dengar kata tak lama lagi mau naik harga..... itu hubline punya bot semua pakai minyak wangi jalan.. dengar kata petrol naik sampai RM2.40, diesel jalan sampai RM2.30 ... sayo nara... hubline tak cacat pun jadi cacing... haha....
I think the director already already predict the future and give up hope on this counter, so he let someone who never become director in his life take over the job. haha..Good wat, once upon a time can become director.
i count count, if we take the same amount of money go and invest in other stock, dont know untung how much already. but to hold the believe we believe really sacrifice a lot. We either be a hero or we drink milo.
I m now queue at 0.055 to sell. hope can sell out by today. whole world is going up, only this counter sleeping. I m tired with this counter. sell and go buy other counter better
Hi all...I understand and sympathize with your predicament. Hope you don't take it the wrong way. Hubline is a good company...IF tanker rates are good. Maybe I can help explain a bit on the shipping industry.
For starters, ships are identified as vessels and those owning them are called shipowners. In the shipping industry, there are a number of categories or segments ie Containers, Tankers, Offshore Support Vessels (OSVs).
Types of vessels under OSVs are the anchor handling tug & supply boat (AHTS), crew boat, pipe laying barge, fast boat etc etc. These are primaries in the O&G sector. Hence, their usage are currently more often than not at 100% capacity. Their charter rates mostly are in USD and runs in the thousands/day. Their either chartered by way of spot or time charter. Most of the oil majors tie these vessels via time (contract) ranging from 2+1 (years) to maybe 7 years. For specialized boats ie geo finders, more on spot charter as their usage may not be on long term (here it depends on the majors).
Container ship as you know carry containers, but they come in various sizes. Economies of scale normally achieve with the one who knows to manage what size of container ship to utilize for their containers.
Ok now Tankers..they are either liquid or dry tankers..liquid tankers carry liquid cargo ie chemical, petrol while dry bulk tankers carry dry cargo ie grains. They also come in various sizes.
OSVs are doing well by virtue of the sectors their involved in. However, containers and tankers are in the doldrums due simply bcoz of supply exceeds supply. This has been for 2-3 (might be 4) years as more vessels were built and commissioned arising from from orders from its heydays. Again the scales of demand and supply determines the pricing of the charter rates. FYI, charter rates are 50% off its peak (or it could have been more!).
Bear in mind that when vessels are in use, owners have to maintain its running cost (crew and ship maintenance). When not in use, owners still have to bear the same costs! Only different type of operating cost.
All in all, actually the industry that the shipowners operate, the vessels' type of charter, charter rates and period are the dynamics that affect the owners' bottom line (there are others as well but those mentioned would suffice for now).
Hope my explanation helped enlighten the situation a bit...
@ qinger - its your call. but for now, container and tanker market is at the bottom with sporadic (and minor) spike up in rates only...low demand = low biz = either low profit or in the red bcoz they have to sustain operations. Like what @ blugz83 mentioned, MISC also was not spared..but just an input qinger, the industry is cyclical coz there will be vessels decommissioned and in their place will either be the existing fleet or new ones..
I'm not sure what your risk appetite or profit/loss thresholds are, but i did bite the bullet..cut loss..and move on. The important thing is how you deal with the situation..your next move..your come-back...trust me its easier said than done coz my losses were very substantial.
I hope there are members here who can chip in. Thanx
I very agree with Hot.T, indeed hubline is a very good company. But the problem is worldwide shipping is down too much.. Yes, one day this counter will come back again as it is last time, but it will just take a long long time to wait. imagine you cut lost a bit, then earn a few times in other stock, then only come back again. Isn't it better.
Cutting lost is a pain... a slash in your heart, to kill what you believe and trust once upon a time, a dream stock that you have confident in, and now you let it go in your own hands just by one click.... " Sell", and everything is gone. You have to start a new.. Find another stock, build your foundations once again. And the people you told them last time, " this counter is good", and now people laugh at you.. You need to be a hero to do this.. I offer you my respect.
Just imagine 1st stock, we have RM1000, now we lose RM300, we left RM700, Ok. we want to be a long term investor, because we know it will take long long time to go up..
If we take RM700, go invest in other stock, lets say it goes up 1 time, now we have RM 1400, we go other stock, one more time if possible, now RM 2800. 1st stock now go up a bit. We say is time to go back to 1st stock we buy.
Ok, the same amount of stock, now cost us RM900, we can buy back 3 times more. RM900 x 3 =RM2700. Actually we have increase our holding volume by 3 times. Isn't it better?
When i worked in Boston last time as an engineer, most of the algorithmic trading systems are written based on quantitative analysis. In those systems (normally used by funds and bankers), the most important considerations are opportunity cost, even if we put the $ in bank as fixed deposit, we need to take 3.5% interest. For those systems, there is no dream stock to wait, we have to proceed. And now we are playing in their system, we have to follow their way or we will wash away by the tide. Everything is computerize, is just too fast.
If you have interest in shipping analysis, go and check those world shipping companies profit and loss. Especially nowadays when a lot of the products previous make by other countries and supply to America, now America is taking back and produce in their own countries. Less container shipping services is needed. Shipping index i think will not jump too high in short term. Not to say profit, they are just good enough to survive and not bankrupt.
Yaya, correct, 1st see who is behind Maybulk .. our richest in Malaysia. and where Maybulk get the projects, and Maybulk's future project, all queue up, just wait for signing. Hubline? Didn't see them tender any new projects also.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
cflow78
35 posts
Posted by cflow78 > 2013-05-30 10:08 | Report Abuse
Keep fingers crossed, i have been holding this for so long