Aiyo, Jtiasa is the only plantation share with single digit PE (pure business profit). Kenapa tak naik lagi?

Dont believe just sell this share.. i just give my own opinion. Trade at your own risk ya

Still, even with the drop, maybulk still able to generate at least 3sen (this quarter maybe 5sen) for current financial year..

The worst case for maybulk is eps1.5sen.. 1.5sen x 4 x PE10= 60sen.. so nothing for worry in my opinion..

Anyone invest in maybulk can use this as indicator ya...

As i said yesterday, everytime when wallstreetrookie appear, it is an indicator that maybulk is at the lowest..

No rss account do not mean cannot earn money.. got rss account do not mean u can earn money.. it depend on skill..

Aiya i dun want talk to you la.. u dun understand maybulk and maybulk operator.. talk to you waste time only..

This wallstreetrookie saja come here kacau.. he didnt owned the share and dun dare to bet with me.. any up or down for maybulk also not related to him

wallstreetrookie: nobody cares.. here is maybulk forum :)

haha 20% is small profit... maybe ur capital to low... understand one.. RM1k 20% is RM200..

ya u really is pathetic

hello.. invest long term does not mean u cannot trade... haha coward wallstreetrookie.. thank you for being here..

Everytime u here it is the sign that maybulk is bottom hahaha.. thank for giving us the signal

Panamax and supramax price still near to the peak.. u can google supramax average time charter rate and panamax average time charter rate.. go luck...

Thank you for the panic sales.. I able to collect more shares than I disposed during 0.79...

Keep in mind, the decrease in BDI mainly due to decrease in charter rate of capesize which did not owned by Maybulk. 40% of BDI index contain capesize.. Now, capesize index have been dropped significantly in this few week (from 8k+ to 4.8k)..

Maybulk owned 3 panamax, 3 supramax and 1 handysize.. although capesize have decreased by almost 50%, it did not impact Maybulk..

Agreed with u all.. simply too undervalue.. in term of PE and nta

Australian housing market has soared 17.6 per cent over the first nine months of 2021

https://www.news.com.au/finance/economy/sydney-house-prices-over-14-times-higher-than-average-wage/news-story/f6ea34c13f10afd705a481e532876a8d#:~:text=cent%20in%202021.-,Australian%20housing%20market%20has%20soared%2017.6%20per%20cent%20over%20the,the%20Demographia%20Housing%20Affordability%20Ratings.

sydney reopening mean good for their hotel

https://www.reuters.com/world/asia-pacific/long-100-days-sydney-reopens-australia-looks-live-with-covid-19-2021-10-10/

beast is awake!!!

I have been holding Maybulk since BDI 2700.. now 5197 already.. last time already so undervalue.. now I dun know what to say already

Aiyoyo so siok.. let me topup again..

Aiyoyo quarter haven't end.. BDI keep on make new high.. jialat lo next quarter punya result hahaha

Hello our beloved sharonchong is back :)

3rd round gogogo

Lucky this wallstreetrookie no bet with me. If not he sure bankrupt

Hahaha im so happy cause wallstreetrookie lose the chance of earning in maybulk.. the rest i dun care already

U sure i didnt diversify or not? I didnt comment on other share doesnt mean i didnt hold other share..

Aiya talk only.. dun dare meet up and bet with me… how u short? Hahahaha.. u dun care u earn money from CTOS or not.. here is maybulk forum hello

opps 8% today... wallstreetrookie hide in the hole like mouse today hahahaha

haha up so many but so silent here.. wonder all sold their share already is it?

of course wont hit the goal post now.. we still have plenty of time to get the yearly EPS to the highest

already more than 5% from 0.67 liao lo.. where got only 1%? and why u so negative on this share?

HAHAHAHAHAHA I laugh again today for the one sold at 0.67 to 0.68

HAHAHAHAHAHAHAHAHA who sell yesterday and today morning

Nvm just sell it no one force u to hold

Happy day for operator.. he able to scare out some retailer and collect big amount today

U see i didnt shoot other ppl although they critics maybulk.. because they speak out the correct point. Only wallstreetrookie keep on talk about rubbish

There is 1000++ stock in malaysia. Why u come here kacau? Go away la if u dun like. Kacau kacau here

Haha u dun dare to bet with me because u also see the value. last time say impairment..find out the reason cannot stand liao then say disposal.. then bdi.. then now bank pembangunan.. oi they earning money compare to last few years. And hello how long have bank pembangunan disposed. It is old news.. why u keep mention? What is your motivate? U dun want buy just get out from maybulk forum

Haha dun dare then dun dare la.. find so many reason.. only know become keyboard warrior. Where ur gut? TP RM0.08? Laughable TP.. why i cannot promote maybulk? This is maybulk forum.. not promote maybulk then promote what?

hide behind like a noob and cry everyday hoping maybulk can drop further.. but maybulk cannot drop. If drop big support will come to maintain the price. So confident say that maybulk will drop but in fact hide behind and dun dare come out bet with me...

haha noob dun know research.. go watch pacific basin, eagle bulk, star bulk, genco shiping trading and golden ocean all big dry bulk company then talk la lol.. dun say u know about macroeconomic lol

ya i saw a zombie wallstreetrookie keep on attacking maybulk with no reason but hide behind and dun dare to bet with me..sometime say impairment.. sometime say bankrupt.. aiyo maybulk have been in profit for 2quarter already.. this consider bankrupt?

Why u didnt focus on that? It means that the company utilisation rate increase and bring cost efficiency to the company as the disposal bring depreciation saving for the company in coming quarter

Class A vessel utilization rate improve from 49% to 70% (Q2 2021 vs Q1 2021) while class B vessel utilization rate improve from 15% to 92% (Q2 2021 vs Q1 2021). Total utilization rate improved from 44% to 70%(Q2 2021 vs Q1 2021)

nvm i got time wait.. if discount i will add..

Boring operator... only know how to earn small money.

seem like this operator will create another chance to topup again

Question now is any indicator of impairment incurred? Answer is no. If there is no indicator of impairment, why impairment will incurred? As per info from management on quarter report, Supramax is at near to historical new high and all of the ship are earning money. Why there wil be impairment incurred?

You really understand impairment or not? Or u blindly believe on the research from IB? Most of the IB do not know what is accounting standard. Hence u cannot rely their report to let u know whether this company can invest or not. You must do your own homework.

Do you know what is BDi? U don't know
Do you know what is Maybulk doing? U don't know
Do you know why impairment incurred? U don't know
Do you do your homework on Maybulk? I don't think so. U totally dun understand what we talking about. U keep on talking about impairment but u even know what is impairment. Why impairment incurred. Then how u comment on this?

Still come out with the ridiculous TP RM0.08 lol

hey wallstreetrookie, why u keep on said that there will be impairment? U really know what is impairment or not?

Indications of impairment [IAS 36.12]
External sources:

a) market value declines
b) negative changes in technology, markets, economy, or laws
c) increases in market interest rates
d) net assets of the company higher than market capitalisation
Internal sources:
a) obsolescence or physical damage
b) asset is idle, part of a restructuring or held for disposal
c) worse economic performance than expected
d) for investments in subsidiaries, joint ventures or associates, the carrying amount is higher than the carrying amount of the investee's assets, or a dividend exceeds the total comprehensive income of the investee

These lists are not intended to be exhaustive. [IAS 36.13] Further, an indication that an asset may be impaired may indicate that the asset's useful life, depreciation method, or residual value may need to be reviewed and adjusted. [IAS 36.17]

Determining recoverable amount
a) If fair value less costs of disposal or value in use is more than carrying amount, it is not necessary to calculate the other amount. The asset is not impaired. [IAS 36.19]
b) If fair value less costs of disposal cannot be determined, then recoverable amount is value in use. [IAS 36.20]
c) For assets to be disposed of, recoverable amount is fair value less costs of disposal. [IAS 36.21]

Fair value less costs of disposal
a) Fair value is determined in accordance with IFRS 13 Fair Value Measurement
b) Costs of disposal are the direct added costs only (not existing costs or overhead). [IAS 36.28]

I see how much he can block.. now the other index share is back. If the bull continue, next will be mid cap like maybulk start to move. Hence everytime this fellow shark push down the share price, i will topup this share. As BDI getting higher day by day, the risk to invest this share getting lower

Maybulk market value RM675mil (USD159mil) - Vessel number: 7
Pacific Basin market value USD17.47B - Vessel number: 250

1 share Pacific Basin = 109.87 shares Maybulk
Vessel ratio = 35.71:1 vessel