Hi guys,

After the OGSE BULL RUN Caused By Crude OIl Price Rise due to Petronas Rm30 Billions Upstream Capex the Next Bull Run on the horizon could be MAYBULK due to Baltic Dry Index Price surge

See

Baltic Dry Index Historical Data

From August 9th 2019 the Baltic Dry Index at 1,748 jumped to the latest index of 2.464 or up 40.8%

On August 9th 2019 Maybulk closed at 56.5 sen and ended at 65.5 sen last friday on 6th Sept 2019 for only 15% gain

BDI UP BY MORE THAN 40% FROM AUGUST 9TH WHILE MAYBULK ONLY UP BY 15%

SO MAYBULK SHARE PRICE HAS MORE UPSIDE TO GO.

Latest News show KAMSARMAX RENTAL  IS OVER RM80,000 PER DAY

Velesto rent out Oil Rigs at Rm70,000 a day so Velesto has been upgraded to a buy

BUT MAYBULK KAMSARMAX IS RENTED OUT AT OVER RM80,000 PER DAY

MAYBULK HAS IN TOTAL MORE THAN 20 BULK CARRIERS OF WHICH 3 ARE NEW KAMSARMAX

OTHERS ARE AS BELOW

Bulk Carriers

Owned/Controlled

NO	VESSEL NAME	YEAR BUILT	DWT (MT)	DRAFT (Meters)	LOA (Meters)	BEAM (Meters)	HO / HA	GEARS	Link
Post-Panamax Bulk Carriers (Double Hull)
1	Alam Padu	Apr-05	87,052	14.14	229.00	36.50	7/7	Gearless
2	Alam Permai	Jun-05	87,052	14.14	229.00	36.50	7/7	Gearless
3	Alam Penting	Jul-05	87,052	14.14	229.00	36.50	7/7	Gearless
4	Alam Pintar	Oct-05	87,052	14.14	229.00	36.50	7/7	Gearless
Supramax Bulk Carriers (Grab Fitted)
1	Alam Manis	Mar-07	55,652	12.58	189.99	32.26	5/5	4C/30T 4G/12 cbm
2	Alam Mutiara	Apr-12	61,498	13.01	199.98	32.24	5/5	4C/30T 4G/12 cbm
3	Alam Sayang	Jul-13	61,410	13.01	199.98	32.24	5/5	4C/30T 4G/12 cbm
4	Alam Madu	Sep-14	58,045	12.95	189.93	32.26	5/5	4C/30T 4G/12 cbm
5	Alam Molek	Oct-14	58,074	12.95	189.93	32.26	5/5	4C/30T 4G/12 cbm
6	Alam Makmur	Mar-15	55,865	12.70	189.90	32.26	5/5	4C/30T 4G/12 cbm
7	Alam Mulia	Sep-15	61,254	13.00	199.90	32.26	5/5	4C/30T 4G/12 cbm
Handysize Bulk Carriers
1	Alam Seri	Mar-11	29,562	9.72	170.70	27.00	5/5	4Cx30T/Logs
2	Atlantic Progress	Jun-11	32,527	10.20	177.40	28.20	5/5	4Cx30T
3	Atlantic Dream	Dec-11	32,527	10.20	177.40	28.20	5/5	4Cx30T
4	Alam Suria	Jan-12	29,077	9.72	170.70	27.00	5/5	4Cx30T
5	Alam Setia	Oct-13	36,320	10.72	176.50	28.80	5/5	4Cx30T
6	Alam Sinar	Jan-14	36,320	10.72	176.50	28.80	5/5	4Cx30T

SO WITH ADDITIONS OF 3 KAMSARMAX MAYBULK HAS A TOTAL OF 20 BULK CARRIERS 

NOTE: KAMSARMAX LATEST DAILY RATE IS USD20,000 or RM84,000 (THE HIGHER USD GOES UP AGAINST RINGGIT THE BETTER FOR MAYBULK)

SO MAYBULK WILL BENEFIT FROM BDI PRICE RISE AND USD STRENGTH!

See

Dry Bulk Market: Capesizes Reach New Highs

in Dry Bulk Market,International Shipping News 09/09/2019

T

he market reached new heights this week as the 5TC topped $38,014, a level not seen in the sector since 2013. Fridays 5TC closed down $732 to settle at $37,921. While this week’s surge in rates was driven by a tightening of tonnage that is able to arrive within September, a wider sector story is emerging of vessel delays being caused by docking issues. The upcoming IMO regulations, which will apply from 1 January 2020, have vessels preparing tanks to receive cleaner fuels while others are installing scrubber units to process high sulphur fuel on the go. These unusual dockings are causing delays and disruptions to tonnage flows, which is further aggravating a tight tonnage situation in parts of the market. The Pacific Basin this week experienced a surge early on due to sentiment from the West, but was otherwise relatively steady, while not particularly busy. The C5 opened the week at $10.359 to close Friday at $11.214. The Brazil to China market opened the week at $28.118, reached a high of $29.10, before closing the week out at $27.955.

Panamax
It was a largely uneventful week, with the indices drifting lower, albeit without much conviction. Sources said owners with prompt tonnage on the Continent had to reduce their ideas to find cover. However, this appeared limited to shorter duration trades, with later tonnage content to sit and wait. The North Pacific also suffered from a seasonal slump in North Pacific stems. The South continued to be reliant on the South American market, which saw Kamsarmaxes achieve as much as $20,000 from Singapore for the long round voyage. (NOTE: MAYBULK JUST GOT 3 BRAND NEW KAMSARMAX DELIVERED RECENTLY. AND MAYBULK ALSO OPEATES FROM SINGAPORE) However, dips in the paper values helped to weaken sentiment, giving charterers the opportunity to step back in the hope of finding cheaper offers. Fundamentally the market appeared stable and well balanced, with any injection of South American activity likely to see rates improve once again. However, the mood had remained cautious, without clear direction during the week.

Supramax/Ultramax
Overall rates remained healthy last week. However, as the week ended, Asia rates were easing a little due to less demand. As a result, the Atlantic saw some sideways movement from East Coast South America and the eastern Mediterranean. There was still a little period activity, with a 52,000dwt ship open China covered for 9-11 months trading and redelivery worldwide at $10,750. From the Atlantic, an Ultramax fixed at USD$19,000 for a short period redelivery in the Atlantic. The US Gulf remained positive with an Ultramax fixing at $25,000 for a coal run to the Baltic. Activity waned a little as the week closed from the Mediterranean, but a 56,000dwt ship fixed a trip from Algeria to West Africa at $19,000. From Asia a 58,000-tonner fixed delivery Fuzhou, via Indonesia, redelivery China, at $12,800, while a 50,000dwt ship covered an Australian round delivery South China, redelivery Japan, at $13,450. The Indian Ocean still commanded good levels, with a 57,000dwt vessel fixing delivery Arabian Gulf with aggregates for a trip to Chittagong at $20,000.

Handysize
The Baltic Handysize Index (BHSI) reached its new high this week, surpassing the last peak at 676 from end October 2018. The rates in the Continent were firm, but slightly easing towards the weekend. The US Gulf and East Coast South America markets lent further support, whilst in the East, activity was fairly flat throughout the week, yet steady levels remained. On the period front, a 37,000dwt ship was fixed from the UK for four to six months at USD$14,250. From the Black Sea, a 35,000dwt ship was fixed at close to USD$18,000 for moving steels to Nigeria. A 31,000dwt vessel open in the same area was fixed for a trip to the Continent at $13,850. Large Handysize vessels were paid in the $11,000s basis Far East delivery for a CIS or North Pacific round trip. A 32,000dwt ship open in Southeast Asia was fixed at a rate in the low $10,000s for redelivery in the Singapore-Japan range.
Source: The Baltic Briefing

Welcome to Malaysian Bulk Carriers Berhad (MBC) Group

The MBC Group is the largest drybulk shipowner in Malaysia engaged in international shipping. The MBC Group presently owns and operates a fleet of vessels which includes dry bulk carriers and product tankers.  MBC Group’s vessels are largely tramped on the spot and period markets. The principal activities of the Group are:- i) Owners and operators of    Bulk Carriers ranging from 29,000 DWT (Handysize) to 87,000 DWT    (Post-Panamaxes)    MR Tankers ranging from 47,000 DWT to 47,999 DWT; and ii) Ship management

Fleet Information

Like Dayang share price well supported because Petronas is in Top 30 shareholders of Dayang - Malaysian Govt under Minister of Finance is also in 30 Top Holders of MAYBULK

See

SUBSTANTIAL SHAREHOLDERS Direct Interest Deemed Interest No. of % of No. of % of Issued Issued Issued Issued Name of Substantial Shareholders Shares Shares Shares Shares

Pacific Carriers Limited (PCL) 344,615,000 34.46 – –

Bank Pembangunan Malaysian Berhad (BP) 183,945,700 18.39 – –

PPB Group Berhad (PPB) 140,000,000 14.00 20,000 –

Kuok (Singapore) Limited (1) – – 344,615,000 34.46

Minister of Finance Incorporated (2) – – 183,945,700 18.39

Kuok Brothers Sdn Berhad (3) – – 140,020,000 14.00

SO JUST AS DAYANG WAS OWNED BY PETRONAS MAYBULK IS ALSO OWNED BY THE MINISTER OF FINANCE WHICH IS THE GOVT OF MALAYSIA

PAHANG STATE GOVT IS ALSO IN TOP 30 HOLDERS OF MAYBULK

14. Kerajaan Negeri Pahang 2,153,850 0.22

Through PPB Robert Kuok is also in Top 3 of MAYBULK

See

3. PPB Group Berhad 140,000,000 14.00

FONG SILING HAS EMERGED TOP NUMBER 4 IN MAYBULK IN LATEST AR REPORT

4. RHB Capital Nominees (Tempatan) Sdn Bhd Pledged Securities Account For Fong Siling (CEB) 10,500,000 1.05

Fong Siling is so bulllish that he bought Maybulk shares on margin?

KUOK KHOON KUAN (FOUNDER OF WILMAR & NEPHEW OF ROBERT KUOK) IS ALSO IN TOP 30 HOLDERS OF MAYBULK

27. Kuok Khoon Kuan @ Kuo Khoon Kwong 1,268,750 0.13

NOTE: WILMAR SHIPS GRAINS, SUGAR, PALM OIL WORLDWIDE. TO HAVE WILMAR ON BOARD IS LIKE HAVING AN ANCHOR TENANT IN A SHOPPING MALL

SO THERE YOU GO

ALL THE BIG GUNS OF GOVT, STATE GOVT, PROMINENT INVESTOR FONG SILING,

ROBERT KUOK & HIS NEPHEW WILMAR GROUP ARE ALL HOLDING MAYBULK SHARES

SO MAYBULK IS NOW

1) IN CYCLICAL UPTREND

2) HAVING NEW UPDATED BULK CARRIERS THAT MEET 1MO 2020 STANDARD

3) OWNED BY ROCK SOLID INVESTORS

4) WITH ANCHOR BUSINESS PARTNERS

5) WITH PROMINENT INVESTOR TAKING HUGE POSITION (Top 4)

AND GAME CHANGER!!!

YES!! THE INTRODUCTION OF IMO2020 THAT REQUIRES 0.5% EXHAUSE WASTE FROM SULPHUR IS THE GAME CHANGER TO HIGHER PROFITS

LAST TIME MALAYSIA GOVT IMPLEMENTED COMPULSORY USE OF SEAT BELT USE IN YEAR 2004

HIROTAKO DIRECTLY BENEFITED AS HIRO IS AMONG THE TOP SUPPLIER OF SEAT BELTS FOR PERODUA AND PROTON CARS IN MALAYSIA

HIRO WAS SO PROFITABLE AND GAVE OUT HIGH DIVIDENDS WHICH WAS TAKEN PRIVATE BY MBMR LATER

HA! WILL MAYBULK RETURN TO ITS GLORY DAYS OF HIGH DIVIDEND PAYOUT?

SEE

13-Aug-2018	24-Aug-2018	OFFER_SALE	Offer for Sale	386 : 1000
29-Apr-2015	28-May-2015	DIVIDEND	Final Dividend	RM 0.0100
29-Apr-2014	26-May-2014	DIVIDEND	Final Dividend	RM 0.03
03-May-2013	29-May-2013	DIVIDEND	Final Dividend	RM 0.03
08-May-2012	01-Jun-2012	DIVIDEND	Final Dividend	RM 0.03
25-Mar-2011	20-Apr-2011	DIVIDEND	Final Dividend	RM 0.1
23-Mar-2010	16-Apr-2010	DIVIDEND	Final Dividend	RM 0.15
30-Mar-2009	23-Apr-2009	DIVIDEND	Final Dividend	RM 0.30
25-Aug-2008	08-Sep-2008	DIVIDEND	Interim Dividend	RM 0.1
28-Mar-2008	24-Apr-2008	DIVIDEND	Final Dividend	RM 0.30
27-Aug-2007	10-Sep-2007	DIVIDEND	Interim Dividend	RM 0.08
08-May-2007	21-May-2007	BONUS_ISSUE	Bonus Issue	1 : 4
16-Apr-2007	24-Apr-2007	DIVIDEND	Others	RM 0.30
23-Mar-2006	19-Apr-2006	DIVIDEND	First and Final Dividend	RM 0.17
07-Apr-2005	09-May-2005	DIVIDEND	Final Dividend	RM 0.12
02-Apr-2004	29-Apr-2004	DIVIDEND	First and Final Dividend	RM 0.07

NOTE: IN YEAR 2006 DR NEOH SOON KEAN RECOMMENDED MAYBULK IN HIS MONTHLY DIGEST AS A HIGH DIVIDEND SHARES IN THOSE GOOD DAYS

NOTE ALSO: ROBERT KUOK ALSO BOUGHT TRANSMILE WHICH GAVE LITTLE OR NO DIVIDEND

BUT FOR MAYBULK THE GOOD OLD DAYS OF HIGH DIVIDEND PAYOUT MIGHT RETURN AGAIN IF MAYBULK HAS A CHANGE OF FORTUNE AGAIN

BEST REGARDS

Calvin Tan Research

Jurong West, Singapore

Please buy/sell after doing your own due diligence