Of course, this is just my personal opinion on this stock, there are possibly a lot of factors that can push up and down the stock price, i myself is a trader, until i see some gaps of profit or some signals of turning point or some magee goreng panas, then i will squeeze myself in.. Here in Canada, we don't have magee goreng mamak, almost forget the taste alr...

So the left over is containers shipping rate., hopefully hubline can put their focus in shipping containers, get more contracts to ship containers. Before more containers ships will be completed next year in China, more competitive shipping rates later...

For dry bulk , the rate for iron is a bit low, especially when China is mining too much from Africa, taking over the control of iron price from Australia, when iron price is low, rate of shipping of iron is also being suppressed tremendously. . Even Australia's economy is affected that much..

I myself think for this shipping company to join into oil and gas is a great challenge for them... And they are at a very early stage of recovery, lets assume 4th quarter also earn 2 to 3 millions, a total earning of 10 millions is a good indicator they are recovering for previous losing of around hundreds of millions.

Risking their business plan into oil & gas (billion dollar game) at this stage, it takes determination and huge persuasive power. Either a bank want to lend them money first or an oil & gas want to offer them a project first.

If you are a manager in a ship company, now you want to join into oil & gas...... oil & gas say,...." Why not after you have a few oil tankers, then you come and propose your tender to us...

So you go the bank..... and tell the bank,... can you lend us some money.. .maybe 200 millions * 2 ships... 400 millions, ( new tanker ships should be more expensive )

Imagine if you are the loan manager, then you will think think, walau, you still have some money havent pay us, now you haven't get any contract, how to give you such an amount....? Later your tanker parking there bank tarik balik... so the bank also can join oil & gas alr...

I wish to share some of my opinions here. I might be right or i might be wrong, just my latest observation...

If you have a ship company, now you have a few ships, mostly container and dry bulk. And you approach an oil & gas company, and you ask for some oil & gas projects.

If you are a project distributor in this oil & gas company, there are a lot of oil & gas company asking for projects, can i give it to you ? How should i answer to the team later ..

Hihi, i pass by hubline, see see any new development on it.. read read some reports on its recent development. . . I offer my respect on those who are in this hubline forum and keep holding it for a few years until now... your patience deserve respect.

Hehe, If i not mistaken, they only said they plan to buy ships for oil and gas, but do they buy ?

Second, oil and gas sector already hot for 2 years, now oil and gas alr over..or almost over. .. yet they haven't join in...

(BDI) index already up and come down again... yet hubline never up..

Profit making these 3 quarters, is it a technique to restructure its loan which is coming end of this year ? So that bank can extend its loan.. ?

Are they really plan to goreng ?.....If they want goreng, are they going to show the whole world their marvelous queue to buy and sell and every day top 10 transactions for so many years ?

I also don't know...

Anyway this is just my opinion for reference, i might be wrong. At the market so hot at this time, i normally prefer to catch the ride with stocks which passes by. Grab and go ...Experience the excitement of different drivers instead of waiting an old captain to wake up.. even if he wakes up, how far he can go?.. market is changing everyday. he sleeps too long.. when he wakes up, is another road, another traffic regulation. .

And those big big shark previously we saw their names, they have alr switch their stocks with others and load to other boats, their stocks are being channeled to the market slowly. As the debt payment date is quite near.. I believe the company is temporarily at least need to right issue again to get some cash. prepare some fund for that if wish to keep holding.

If you watch the previous queue, the queue to sell at around 75 and 70 have decrease these days. I believe the company previously paid the contractor some volume of stocks in stead of cash, so they alr slowly release all the stocks to the market.

Hi Jupiter - I just drop by and see that you are beginning to believe no big company is holding this counter. .Indeed they have a system to automatically queue buy and sell for this kind of stock. Once you key in the range and give it a volume of stocks, it will automatically run for years, until you give new command.

And previously the 3 great shipping companies in the world ( CMA, CGM, MAERSK ) said they want cooperate together and stabilize the transportation fee, now also ended as failure, Hopefully Hubline can challenge their transportation fee.

Maybe can suggest to ships to use NGV, run by gas, cheaper.. Old ships are like old cars, oil consumption keep increasing, especially after raya, who knows petrol price increase again... Running cost tambah lagi....

I believe most players around bet 10 or 20% out of their stake in this stock.. is still ok coz surrounding market stocks are all going up, just treat this stock as a side income, even if it sinks, still not affect too much.. just another hot news to discuss over newspaper, once upon a time, i was on this ship.. then luckily i boarded onto other ship, but i left one luggage behind. haha

after selling it will go up.....haha, dare to sell or not?

Oil and gas sector has reached its peak this months, offshore service also created it most active period, and will slow down soon... but this company's ship still haven't out yet... maybe booking already, but forgot to pay deposit... Haiz.....

Next quarter report should be quite challenging for this ship.. especially USA currency drops a bit and oil price increasing..

Just like after you return from a battle field, you went back and visit the old good brother in arms.. discuss their current situation and future movement, old good ways pass together...

It has been quite some time after playing in other stocks.. every time after i withdraw from one batch of stocks, i will turn back and take a look again on those stocks that i have paid attention before, see see got any opportunities to pick up again..

Haha, extended from defective stock posting. . Extra reading...15 characteristics of crappy stocks.. try and match.. see see how many percent they fullfill...
http://shareinvestormalaysia.com/15-characteristics-crappy-stocks/

Lets imagine all of us are director, anyone can come out any suggestions to make this company profitable ......instead of just waiting the company share to fly ?

Or anyone is interested to help the company to pay back the huge loan..?

A big guy come.. 200 millions...

Lets say annual earnings double up, 20 milions, (now 8 millions)
Hubline need 10 years to earn back 200 millions.

10 years, another few ships need to face out... scrap metal like 10 years ago...

One possible way is right issue, if people don't buy, no fund..

Cant pay bank loan.... PN17 waiting....

When big loan reach its time limit ..... end of this year or early next year... i forgot liao.. now one quarter profit 2 millions, 4 quarters profit 8 millions, (loan if not mistaken 200 millions) .... mana cari duit bayar ?........ If you are director , anyone have any suggestion how to pay.....

Remember the song ? .. Wake me up when September ends ..

Yaya, most probably to decrease panic selling...it seems...
Same as the major share holder

most possible is combine 10 lots become 1 lot.. decrease floating rate..then drop to 0.2 again..

then maybe they will buy back at that time.. decrease floating rate

Since major shareholder alr throw so much to public.. floating too much in market. . to pull up is impossible..

So in my current research, i try to use the trading movement, using black scholes model, and run with monte carlo simulation to extract out the features to find the similarity nearest with Lion Corp..

If he just transfer to someone, he can just directly declare on public on time .. no need to hide anything.. just like how the director transfer to him...

And the most unfortunate thing, even one of the largest shareholder quietly dispose to public... Do u know how much he need to lose ? And the danger hidden inside this situation...

But it has been so long..and the running cost is too high... look like he gradually lose control....and the price keep dropping...

But one thing until now i still cannot understand about this stock....It looks very clearly someone is controlling the price... One day it will come...No people will makan so free, no time to do and control a stock price...

Not to say i angry about this counter, so i do a research about worldwide shipping company. and follow continuously on their trend.. So i can write an algorithm on edge detection for shipping stocks ..(the very beginning stage, need more time to go)

And at that time ... a lot people also think like that.. which banker will so funny willing to lose money controlling stock price like that.

Yaya, i lose my money during 0.12, when it drops to 0.09...All this situation happens... got big supporter at 0.15 also at that time

Then even uncle pao throws all to public without informing everyone ... If he transfer to someone , then can just declare....
But why, ?

Last time , there is still a reference point, uncle pao. . where he holds a lot . . then director transfer to uncle pao..

After all it goes down to 0.06, where it stands the longest.... again at 0.05 big queue..People thought this is the last, but it drops to 0.045.

Then it drops to 0.09, and stays there, again big queue, bad rumors also. people think maybe they purposely pull down b4 going up..

Last time also it stays at 0.125 and 0.13 for quite some time.. Then got big queue to buy at 0.125.. everyone thinks one day it will come..

One thing i found is there has been bad news and rumors for this counter for long long time.. from last time continuously lost money..

I totally agree with Mozaic, normally when a lot rumors or bad news about one stock, sometimes people purposely spread it..and then it suddenly it goes up..

Try to look at Lion Corp...... Kesian the small share holders

Normally after the major shareholder dump off their stocks, this are the situations that likely to happen. according to history. 12 stocks out of 20 stocks are like that, 5 goes into pn17, 3 stays there forever.

Haha, Jupiter. you are very correct..I agree with you..

According to current situation.. looks like they want depreciate the par value of the stock...

And then maybe 5 lots or 10 lots combine into one lot...
Lets say 0.04.. 10lots combine into 1 lot.. get 0.4

Normally after a while it couldn't stand at 0.4 and drop to 0.3 or 0.28

Imagine when our car loan payment deadline reaches....
And we dont have so much money to pay......
Then have to pinjam saudara mara.....
If they dont pinjam us..........
Then we have to ....
Wait for ........
Lelong...

This is possibly the main reason why the price of the stock keep dropping especially when the debt deadline comes around..

You are not worth anything ...?
But your car is there.........
And your (loan) is higher than what the car worth ...
that is why you still value by RM-10k