|Last Price ||Avg Target Price || Upside/Downside ||Price Call |
|0.735 ||1.04 || +0.305 (41.50%) || |
|* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.|
|** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).|
|Date ||Open Price ||Target Price ||Upside/Downside ||Price Call ||Source ||News |
|18/08/2016 ||0.765 ||1.04 ||+0.275 (35.95%) ||BUY ||MIDF || |
leelc70 seems form another momentum to break 80cent again
madcow BDI is on downtrend > http://www.economiccalendar.com/2016/10/24/baltic-dry-indexs-plunge-sparks-concern-record-lows-could/
rizerlee be careful that China Coal Miner might restart their mining activity after coal price raise tremendous
sapurakencana Posh incurred USD12 mil loss for the quarter 30 sept 2016
hng33 BDI skyrocket to marked up to 954
hng33 bought more maybulk at 74.5-75sen
andyhard Hi hng33, may I ask you trade based on technical or fundamental? It seems maybulk will still consolidate for a while
sapurakencana maybulk subsidiaries POSH still incurred loss，becareful
dompeilee BDI or oil price has a bigger impact on Maybulk's earnings?
hng33 sold back maybulk at 75.5-76sen, lock transaction cost loss, free up capital.
10bagger10 Hng sifu any comment on complet?
kimi21 BDI finally back to 1000, next year Maybulk should recover and generate profit!
sapurakencana becareful of coming quarter report.
Ahbeng11 Qr definitely negative, no doubt
i3raymond 8.02AM EST BDI 1084
dompeilee I did some investigation & decided the BDI rising will impact positively on Maybulk's results so I bought some on Monday:
hng33 bought back all maybulk at 78.5sen
ImCK hi hng33 buy back also look maybulk is moving toward back to 2015 price which stand above RM1 above
bdi index compare almost near 2015 liao
dompeilee I bet hng33's broker is the 2nd happiest in the country...after KYY's broker of course! They aren't called BROKErs for nothing!
dompeilee Exactly my sentiments onetonneman...
dompeilee +7.51% in one day? That's insane for a shipping index!
hng33 sold back all maybulk at 80.5sen, lock all contra profit, free up capital frist
sapurakencana Posh contribute 16mil loss (Maybulk hold 20%) for the 3rd quarter report.
10bagger10 i buy few lot, dont want become sour grape.
projecti2016 switched half my portfolio to Maybulk. Let's see how it rewards me in a few months time.
master_tan Maybulk should cross above RM1 by now....
sapurakencana loss too heavy,price can not go up.
i3raymond Recent explosive rise of Nasdag DRYS by 1500% caused the counter to be suspended!
sapurakencana suspended,when? why no new annouce.
sapurakencana why.BDI start drop back already & i still fear big loss may be annouce in this week
leelc70 interested to know whether it can mitigate the loss by this quarter report before decide for further load in
chesslim Monday dancing liao...... : (
master_tan Result mean good or bad ?
ivan9511 hi guys , why this counter qr such bad but price can up from bottom until high price
got any potential or not ?
Ang Chooi Loss again for this quaters.Sure down on Monday.Run........
master_tan I think next qtr should be back to black
manji Although newbuildings ordering has slowed and demolition activity remains high, the existing oversupply in the dry bulk market continues.
The operating environment for POSH remains challenging. The lack of capital expenditure by oil majors will continue to exert downward pressure on vessel utilization and charter rates.
With the depressed market condition, POSH Group expects the carrying value of its goodwill and the carrying value of its fleet of vessels will be impaired. While the impairment amount is to be finally determined by year end, it is expected that these impairments will have a material adverse impact on POSH Group’s financial results for 4th quarter 2016 and FY2016. This will have an adverse impact on MBC Group’s results.
MBC Group is expected to report a loss for FY2016.
back to black? r u joking lol
joni its so cheap ; buy 0.71 to average
chkhooju Cheap can be cheaper. Better AVOID!
leelc70 based on busy weekly, there is long way to go for the industries to recover from the loss. confirm whole financial year 2016 is loss incurred. shipping supply is still over and need time to eliminate some weaker one. Unless the investment horizon longer, otherwise the money will be stuck quite a period first.
kiasu_trader show time !!! director buying a lot
Malaysian Bulk Carriers Bhd (Maybulk) (Buy rating with TP of RM1.04)
The Baltic Dry Index (BDI), which measures charter rates across dry bulk ship sizes and routes, has recently surpassed the 1,200 level after averaging at 500 for the majority of 1HFY16.
The recent surge in the BDI can be attributed to a recent increase in coal and iron ore imports from China due to lower domestic production of these materials and a pick-up in demand for construction and power generation.
In addition, the prospects of the US embarking on infrastructure spending as part of its stimulus measures have also propped up sentiment on the industry.
The firm's 'buy' call on Maybulk with target price of RM1.04 is based on five-year average price-to-book ratio of 0.88x.