Highlights
Social Forum >> Forum Thread
Last Price Today's Change   Day's Range   Trading Volume
0.625   +0.01 (1.63%)  0.62 - 0.625  136,800
3,316 comment(s). Last comment by Diamond7 at Apr 13, 2021 8:05 PM
Like
 8 people like this.
 
 Post Reply   Back  
Page < 56 57 58 59 60 61 62 63 64 65 66 >

xjteh
186 posts

Posted by xjteh > Jul 14, 2020 5:32 PM | Report Abuse

Maybulk completed its first wave up from 0.18-0.505. The fib retracement entry level is 0.435, 0.380, 0.345. May try to collect at these level before its launch of second wave up with TP: >0.65 by Sep


chngmenghui
162 posts

Posted by chngmenghui > Jul 14, 2020 7:02 PM | Report Abuse

Q,.405 but couldn't get


chngmenghui
162 posts

Posted by chngmenghui > Jul 15, 2020 5:57 AM | Report Abuse

BDI 1742


Yuan Mayjune
1 post

Posted by Yuan Mayjune > Jul 15, 2020 8:02 PM | Report Abuse

May I know where to get BDI index??


chngmenghui
162 posts

Posted by chngmenghui > Jul 15, 2020 9:39 PM | Report Abuse

Refer to my post on 3/7/20


greenland
266 posts

Posted by greenland > Jul 16, 2020 6:20 AM | Report Abuse

Yes.. Chngmenghui shared with us cncc.com.cn.. it’s very updated


chngmenghui
162 posts

Posted by chngmenghui > Jul 16, 2020 6:25 AM | Report Abuse

BDI 1696


greenland
266 posts

Posted by greenland > Jul 16, 2020 6:31 AM | Report Abuse

BDI is a general index covering the Capesizes, Panamax sizes, Supramax sizes .. and the current decline in BDI is caused mainly by the Capesizes rates as the import of iron ores from China has slowed down and iron ores usuallynuse the Capesizes vessels 170,000 mt and above

Maybulk does not own any Capesizes vessels. It has Panamax, Supramax, Kansamax which are smaller and can mostly soybeans, grains, coal and sugar..

So, if you analyse the cnss.com.cn , you will see indexes for Panamax, Handymax,
Supramax is on the uptrend .. surely because economies are opening and countries are importing essentials.

We should instead buy in when it dips below 0.40... it’s a cheap buy. Don’t forget the PE ratio is only 2.81 from last Qtr results.

Shipping business is a longer horizon business... The industry has gone through some tough times before the Covid crisis and many vessel owners have sold or scrapped their vessels. However, if you look at the annual report, Maybulk has instead took delivery of 2 more new vessels in 2019..

Above are just my views .. just want to share a good opportunity, nothing else...hope will not be responded in any negative manner .


chngmenghui
162 posts

Posted by chngmenghui > Jul 16, 2020 8:37 AM | Report Abuse

Tq for ur good analysis


greenland
266 posts

Posted by greenland > Jul 16, 2020 8:49 AM | Report Abuse

Welcome.. let’s make this forum productive, friendly and beneficial to all.


greenland
266 posts

Posted by greenland > Jul 16, 2020 8:50 AM | Report Abuse

Thanks xjteh for your technicals!


chngmenghui
162 posts

Posted by chngmenghui > Jul 17, 2020 5:28 AM | Report Abuse

BDI 1699


Seek
433 posts

Posted by Seek > Jul 17, 2020 8:36 AM | Report Abuse

Thanks Greenland


GimEng Hong
101 posts

Posted by GimEng Hong > Jul 19, 2020 1:16 PM | Report Abuse

BDI 1710


greenland
266 posts

Posted by greenland > Jul 19, 2020 4:13 PM | Report Abuse

Export of US Soy beans has picked up. Soy usually carried on Handymax and Supramax. There will be corrections along the way on the BDI for sure but the global economies are slowly opening up cautiously.
The demand for coal usually increases in the 3rd qtr due to need for increased energy for heating during winter... Panamax usually carry coal and grains.


greenland
266 posts

Posted by greenland > Jul 19, 2020 4:15 PM | Report Abuse

The demand for these transport vessels will be stable... an on the uptrend as many countries are replenishing...I expect uptrend for vessel space at least till September...


greenland
266 posts

Posted by greenland > Jul 19, 2020 4:17 PM | Report Abuse

Once China and India settle the temporary drama in the borders, coal shipments will resume. Panamax... should resume uptrend


xjteh
186 posts

Posted by xjteh > Jul 20, 2020 3:47 PM | Report Abuse

some correction on the fib retracement entry level: 0.395, 0.365. I will collect some at 0.395 & double the size at 0.365. However, shall the price stay below 0.365, the uptrend may be invalidated.


chngmenghui
162 posts

Posted by chngmenghui > Jul 21, 2020 5:24 AM | Report Abuse

BDI 1678


greenland
266 posts

Posted by greenland > Jul 21, 2020 7:03 AM | Report Abuse

Yes.. it’s expected on the correction due to the peak of iron ore stockpile in China now. Affected mostly Capesizes and Panamax.
Maybulk owns mainly Kansarmax, Supramax and Handymax class vessels and carry mainly grains, soy, sugar...
if you look at cnss.com as shared by Chngmenghui , Supramax and Handymax charts are on steady gradual uptrend...


greenland
266 posts

Posted by greenland > Jul 21, 2020 7:06 AM | Report Abuse

Latest PE base on yesterday’s closing is 2.18


chngmenghui
162 posts

Posted by chngmenghui > Jul 21, 2020 8:56 AM | Report Abuse

Afraid coming qr result be worst


Arnold76
43 posts

Posted by Arnold76 > Jul 21, 2020 7:48 PM | Report Abuse

Coming we results should be not so good, next coming quarter only able turn profit... BDI uptrend only after May and June.


Arnold76
43 posts

Posted by Arnold76 > Jul 21, 2020 7:49 PM | Report Abuse

Next quarter some more have MCO.... Few days can't business...


Peterjang
24 posts

Posted by Peterjang > Jul 21, 2020 9:46 PM | Report Abuse

next quarter should be loss.. we wait for 2H 2020 see the potential of BDI


chngmenghui
162 posts

Posted by chngmenghui > Jul 22, 2020 5:25 AM | Report Abuse

BDI1594


Peterjang
24 posts

Posted by Peterjang > Jul 22, 2020 6:24 PM | Report Abuse

menghui, how you view on BDI index


chngmenghui
162 posts

Posted by chngmenghui > Jul 22, 2020 7:56 PM | Report Abuse

@Peterjang:www.cnss.com.cn


Peterjang
24 posts

Posted by Peterjang > Jul 22, 2020 8:13 PM | Report Abuse

ok thanks


Peterjang
24 posts

Posted by Peterjang > Jul 22, 2020 8:50 PM | Report Abuse

However, there are some encouraging signs particularly from China which is showing some resumption of industrial production activities. Newbuilding activity could also see order cancellations or deferments which may further reduce pressure on the supply side. There is still a potential for an improved 2H 2020 globally and stimulus measures in China and elsewhere can possibly support freight rates


Parksonguy
152 posts

Posted by Parksonguy > Jul 22, 2020 11:37 PM | Report Abuse

Stupid counter never give devidend


chngmenghui
162 posts

Posted by chngmenghui > Jul 23, 2020 5:47 AM | Report Abuse

BDI 1473


greenland
266 posts

Posted by greenland > Jul 23, 2020 6:13 AM | Report Abuse

https://www.cnss.com.cn/html/bsi/
Maybulk does not own Capesizes and only one Panamax in its fleet. From last annual report, Maybulk owns mainly Supramax, ha day max and kansarmax... Above link shows trend of Supramax rates .


greenland
266 posts

Posted by greenland > Jul 23, 2020 6:17 AM | Report Abuse

https://www.cnss.com.cn/html/bhsi/
The above is the chart for Handymax which Maybulk owns too.

I believe the coming quarter results might not be too bad.. looks like to share prices are well supported at 0.40...

Still optimistic in the middle 6 month term.


greenland
266 posts

Posted by greenland > Jul 23, 2020 6:18 AM | Report Abuse

https://www.cnss.com.cn/html/bhsi/ .. Handymax rates which Maybulk owns too.
I think the coming qtr results should not be too negative..


John Angel
246 posts

Posted by John Angel > Jul 23, 2020 7:28 AM | Report Abuse

I think this counter need a patient to invest, at least 1 year..


bigdigkai
10 posts

Posted by bigdigkai > Jul 23, 2020 7:47 AM | Report Abuse

中国海事服务网
干散货运价从年初的低点回升至7月上旬的年内高点。在普氏各干散货指数中,以0.5%硫含量船用燃料为基准的好望角型日租金指数(Cape T4 index) 7月6日达到31901美元/天,较5月14日的2075美元/天飙升了15倍。同样,以0.5%硫含量船用燃料为基准的Kamsarmax型日租金指数(kmax9)在7月9日达到12801美元/天,创下该指数5月4日推出以来的最高点。而在2月份,Kamsarmax船舶的租金仅2000美元/天。


Arnold76
43 posts

Posted by Arnold76 > Jul 23, 2020 1:27 PM | Report Abuse

Loss money how to give divided, want divided go to other place, wrong channel...


Arnold76
43 posts

Posted by Arnold76 > Jul 23, 2020 1:40 PM | Report Abuse

But this counter no engine to move as BDI is drop... Next wait for quarter results. Even though handymax and supramax is up...


xjteh
186 posts

Posted by xjteh > Jul 23, 2020 3:48 PM | Report Abuse

after big move of BDI from May till beginning of July, there is no surprise an adjustment come in. Just wait till BDI around 1360 where Maybulk will be around 0.385.


chngmenghui
162 posts

Posted by chngmenghui > Jul 24, 2020 5:31 AM | Report Abuse

BDI 1388


Leong966
83 posts

Posted by Leong966 > Jul 24, 2020 9:45 AM | Report Abuse

Too many sales man talk.


xjteh
186 posts

Posted by xjteh > Jul 24, 2020 10:27 AM | Report Abuse

time to accumulate now


sapurakencana
1058 posts

Posted by sapurakencana > Jul 24, 2020 3:55 PM | Report Abuse

If BDI index drop below 1298(Fibonacci 0.618) without strong rebound, we need to dispose.


Arnold76
43 posts

Posted by Arnold76 > Jul 24, 2020 10:29 PM | Report Abuse

BDI keep droping, hope recover on next week. If maintain 1000 + should be still have some profit, because oil price still low... But share will no engine to move up..


Arnold76
43 posts

Posted by Arnold76 > Jul 24, 2020 10:30 PM | Report Abuse

在考虑要不要减少—点,拿太多了。


chngmenghui
162 posts

Posted by chngmenghui > Jul 25, 2020 5:31 AM | Report Abuse

BDI 1317


sapurakencana
1058 posts

Posted by sapurakencana > Jul 25, 2020 10:53 AM | Report Abuse

But what we need to consider now is KLCI already at the highest point(Best perform bursa in the world for 4-6 2020) but maybulk still maintain at 40 cent.If bursa drop again ,what the risk (hold the stock for longer period) ? do we have patient to hold thid stock for this uncertainty period.


sapurakencana
1058 posts

Posted by sapurakencana > Jul 25, 2020 11:59 AM | Report Abuse

BDI index up or down this year partially contribute from
1.Brazil 2019-20 soybean sales hit 93% on weak real, high domestic crush and due to high Chinese demand, which is estimated to comprise 70% of total soy shipment,
2.Brazil iron ore export
3.Australia Mineral export

But start from July2020
1. Brazil’s soybean exports plunge 34% so far in July on tight supply.
2.25/07/2020 Comments Offon China iron ore futures fall on easing steel demand
China iron ore futures dropped as much as 3.6% on Friday, falling for a second straight session, as demand for steel products slipped this week on lean downstream consumption.


sapurakencana
1058 posts

Posted by sapurakencana > Jul 25, 2020 12:55 PM | Report Abuse

https://www.hellenicshippingnews.com/wp-content/uploads/2020/07/dry-tc-week-30.jpg

 Post Reply   Back  
Page < 56 57 58 59 60 61 62 63 64 65 66 >
APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
View candlestick stock charts with Technical indicators
MQ Affiliate
Be rewarded by being an MQ Affiliate
 
 

92  60  486  1861 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 MINDA 0.195+0.02 
 CNI 0.2150.00 
 SMI 0.25+0.02 
 BORNOIL 0.04-0.005 
 UCREST 0.275+0.005 
 NEXGRAM 0.045-0.005 
 FOCUS-WD 0.010.00 
 SMRT 0.1850.00 
 ARMADA 0.42+0.005 
 REX 0.245+0.01 

FEATURED POSTS

1. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
PARTNERS & BROKERS