Still below IPO price, so it id still worth to take the risk and buy in.

loading more lots, hoping to earn some.

@MingGoon, why tech stock uptrend now?

hold very strong by the buyers, no panic sell

Any reasons for semi super cycle coming? anyone?

I believe it will move up to RM 1, even beyond RM 1, stay tuned..

So strong movement, but no single official good news announcement by the company. Let see what is brewing..

Expect continue to fall down a bit or flat.

市场行情清淡，货盘稀少，节前多以观望为主，整体成交较少，长协为主。目前淡季压力明显，叠加70周年大庆环保检查趋紧、大秦线检修等因素，市场呈僵持偏弱局面，运价承压继续小幅阴跌。


月末及大庆临近，货盘释放已接近尾声，仍以砂石等非煤货为主，市场船多货少状态未见改观，下游终端电厂库存充裕，采购积极性较低，内贸市场需求继续呈现疲弱态势，外贸形势良好，运力外流。市场海运价续跌。

BDI-1823 still down

@Minggoon, target price is how much?

MingGoon is sifu in Salute, great!

Armada is really impressive, index down but it up. I have a opinion that it is in the uptrend now. I really wish i have extra funds to buy in...

oh no, no support..MingGoon guru mana?

BDI=2116 on 24 Sept 2019

BDI 2000 is an important supporting point.

Shipping companies can pass the surge in oil price to their clients. If the oil price is too high, they can add in 'bunker fee' in the shipping bills. So higher oil price actually has small influence to the shipping companies

No need to shout to TTB. If u are unhappy with the performance, u can vote for dissolving ICAP Bhd next year as next year is the expiration of the ICAP 15 years biz.

These few days correction have eliminated most of the unstable shorties. I think it is good for Maubulk in the long run

Powerful surge

Not bad today

Oh no, London bridge is falling down。。。

Overvalued this counter, sell.

Oh force selling.

Thank chinkeong88 and chngmenghui.

@chinkeong88, where did u get the info to get such earlier info. Is this possible to share the link for us to get faster info?

Yes, Velesto forward looking is very good now.

Loaded more lots

oh, buyers come in NOW

Cleared some unstable holders. It looks nicer now

Very very strong support. Good prospect for this counter.

BDi 2266, down from 2283.
If BDI could stand at 2000, Maybulk will sustainable above 0.70.
If it can stand to next year, then hold this share.
Of course buying shares need to take the risk

oh no, RUN

so powerful. Index drop, it up..

If u have extra fund, then this is the stock u can buy. Of course every investment do carry risk and the risk for this counter is Imo 2020 non-compliance and this non-compliance is well supported by the exporter and importer countries.

3. Is it possible to ignore IMO 2020?
As potential costs are significant, many shipowners have adopted a “Wait-and-See-Stance” to figure out how committed IMO is to the new regulation. At a February 2018 meeting, a sub-committee of IMO stated clearly„IMO has agreed to move forward with a prohibition on the carriage of fuel oil for use on board ships, when that fuel oil is not compliant with a new low sulphur limit which comes into force from 2020“. The risk of being banned from operation as well as the reputational risk forces shipping companies to strictly comply with IMO 2020.

volume up a bit, might see upward movement..

Yes, fact is important, but future prospect dominates the share price. If BDI falls, then this uptrend will fall also

No hope

oh my god, MingGoon is right

hahaha, just buy in and wait.

Good QR + palm oil price up a bit

So conclusion? Still buyable?

However, there is a possibility that most countries will ignore IMO 2020, for instant, China which is the world largest importer of raw material. If it happens, then the shipping companies which don't install smoke emission scrubbers can offer cheaper bulk rates because they don't incur such installation cost at first.

But we don't know how many bulk ships out of 17 are IMO 2020 low sulphur compliance?

Good analysis, calvintaneng, u has done a very good job and share this info with us.tq

Just add more, the price is nearly at historical low but with better prospect now.

Lowest mean safe. That is why I buy in this counter.

When u totally ignore it, don't see the price, then that is the time it will move up
Not logic but it is quite true.

Look like no interested parties here, Me along posting...

Maybe can fall back, but no one can guarantee... because of high risk high return. If it is sure win, then u can put in all your wealth and ride.