Do not concentrade on Maxico,they just start operation,within 1 year time,if they can cover all the overhead they incurred,than we can again thanks the effort of management.Since we hold them for long term,be patient.Here i hope they can put their effort to increase the export market,so we can enjoy their quarterly dividend.

I hope both company wont use the same excuse (MCO restriction)for the coming quarter report.otherwise market will totally reject them.

Success transformer r different story,i worrytheir export revenue (still continue drop & this is not the first time,expecially when ringgit malaysia keep on depreciate),does it means they unable to get more order from oversea,please take note when invest.

Thanks GoHaiDuongGo!

Dont wait management give u answers,pls justify yourself reduce in revenue is because of conggestion at port,shortage of chip or other issue?

Sharon,where you get the latest BDI ,Thanks.

Steve Ooi,where you got this news,dont bushit oK!

RM keep on depreciate,will foreign fund enter market?

RM depreciate fr RM4.148 to RM4.175 compare USD not a good sign even the fundamental very strong.

Happy investing!

Good time to collect if drop below RM5.00

Can CI Holdings, Kawan and OFI compete with DKSH interm of Revenue grow & EPS.

Najib,dont forget how Digi Fly 18 years ago, both company come from Europe. Western management is totally different from Asia. Pls find out what is their similarity before Digi Bonus issue & what is the economy condition cause Digi Hit RM48.

Icon888,do you want to collect at 23 cents or below,i will follow you!

No good new, only fundamental strong get public attention especially when our local Sentiment so bad.

Pek79,be rational,do you know what happen during that period : Beijing olimpic 2008 & number of bulk carrier is much much lower than current quantity.

KML889,i understand what you mention,but if foreign investor willing to enter this counter,they should act during BDI cross 4000 point like what they did in DKSH counter when the company declare good quarter result,why they still not move in even they can forsee the coming 2 quarter sure will give them good return.What factor cause they delay their action,
now a day all the transaction mostly come from small investor like us,am i right.

Sharon,i know you provide alot of good infomation in this forum,but i hope you can consider what i mention above.

Our local politic climate always influence the confidence of investor, ie 51% already slash the foreign investor intention to enter market even the counter future is so bright.Pls take into account of this factor! This is what i concern.

Stop enter,go to energy!

no use to promote without support of solid result,if result can not improve for coming quarter,i dont see this price is reasonable.

When all the export oriented counter hit new high in their Revenue,this stock still maintain at 53mil level & net profir keep on dropping 16.42% compare to previous quarter,what i concern is may be their product lack of competetiveness ,cause export sales can not move,am i right.

Maintenance work is the future of this company when Energy Sector recover.I like it healthy balance sheet compare with other O & G with high debt (Risky when US increase interest rate in future)

Performance material-Discover from DKSH Core business

https://www.dkshdiscover.com/pim/en/

Human always greedy,never miss!

Lawman, i prefer Maybulk more aggresive to position themself in asia region even at 4 wave of covid pandemic,since we can forsee even enviroment become worst,but charter rate still remain high,we need to find out reason other than conggetion at port, lockdown of serrounding country,what is the actual reason it can maintain high since Sept2020 until now even comodity price already drop at least 20%

Lawman,why Sadly, analyst don’t don’t cover this counter. Why you buy this counter when you are no confident on your decision making?

Najib,may be you can look into their capability of supply chain,why all the western company authorise this company to distribute their product,or why local brand "planta" still authorise DKSH as their distributor until now?

Lawman,Q2 result is expected,now can start estimate Q3 result. If BDI still maintain 3000 by end of August, PBT 25mil can be expect.

wallstreetrookie,what the relationship of above bloomberg news with Success transformer,pls brief,thanks.

sure,pls advise.

Still remember why they willing to loan 450M to buy Auric Group.I still remember quite a number of reader blame the management decision.After 3.5 time,the company growth to another level. I hope management start another acquisition again during recession.

dont ever depend on distribution of vaccine, be patient on it organic grow in F & B & healthcare business.

cash 122mil

Break record net profit 24mil. salute management!

Today, Thursday, May 20 2021 , the Baltic Dry Index climbed by 23 points, reaching 2824 points.

PROSPECTS
Near term performance of the dry bulk sector is expected to remain positive as dry bulk volumes recovered and
markets rebounded from the 2020 COVID-19 shock. These conditions are expected to sustain into the second
quarter of 2021, supported by a combination of strong demand and temporary disruptive elements such as port
congestions.
While we expect Chinese steel output to remain high in Q2 2021, it is likely to come under pressure from Chinese
regulators later in the year seeking to rein in excess capacity and curb environmental pollution, which may impact iron
ore and coal imports.
The resurgence of COVID-19 infections in the Indian subcontinent and other parts of Asia also present downside
earnings risk, increase vessel trading complexities and quarantine risks. Consequently, the shipping industry will
continue to stay in a volatile trading environment and the path to economic recovery is likely to be uneven in the
coming quarters.

If your estimation is Revenue 45mil,after deduct voyage expenses RM6.1Mil (assume same as previous quarter) & operating expenses 31.5Mil(assume same as previous quarter).the gross profit only 7.4 mil (0.74cent/share).

Wok,why you suddenly change Maybulk capacity fr 550,000 DWT to 450,000 DWT.Any changes in the quantity of vessel,pls let me know?

In this reporting period FY2020, net revenue for the Group was RM130.846 million (FY2019: RM206.543 million) and operating loss was RM3.592 million (FY2019: operating profit of RM32.001 million).
The decrease in results were mainly due to reduced hire days (FY2020: 3,848 days vs FY2019: 5,010 days), a smaller fleet and a 14% drop in charter rates(FY2020: USD8,566/day vs FY2019: USD9,921/day).

Excluding the exceptional items, the Group recorded a profit before tax of RM6.006 million in Q4 FY2020 compared to a loss before tax of RM8.979 million in Q3 FY2020.

This is the statement i forward from the 31.12.2020 quarter report. i did understand the Maybulk capacity is 550,000 DWT. (how many vessel they did not mention).But if we discount the negetive factor like reduced hire days (FY2020: 3,848 days vs FY2019: 5,010 days), a smaller fleet and a 14% drop in charter rates (FY2020: USD8,566/day vs FY2019: USD9,921/day).Average rate as at 31.12.2020 is around (USD10,000.00-USD11,300.00/day) Maybulk rate is nearly 30% lower than average,why?

Then, if the above 2 factor still happen again in this quarter. may be we have to forget about 50-60mil revenue that can be realise by ended 31.3.2021.

Just for sharing,hope can help each other even we never meet before.

My assumtion is base on the 10 vessel they have, compare with 15 vessel 1 years ago, the total hour of operation sure will reduce,unless they can generate 60 mil revenue for quarter ended 31.3.2021,may be your target 3.5 cents can be achieve. (Pls excluded impairment loss that may be reinstore /reverse back (non cash profit))

Mr Wok,Thanks for your reply.Anyway i still need further understanding how EPS correlation with DWT and Charter Efficiecny of Maybulk, (Currently maybulk EPS is -2.08cents /share,how it can improve to 3.5 cent/share at current market condition.(14 EPS annually as you mention))Can you share with us ,we r willing to learn ,thanks!

wah,wah,wah!
If BDI maintains above 2200 for the entire year, the simulated forward EPS would be around 14 sen. Every increase in of +200pts from BDI 2200 onwards adds about 2 sens more to the forward EPS.
Dear Wok : What formula you used to conclude the above statement,(Why EPS would be around 14 sent?)Pls dont misled Chl1989 again!

dont ever chit by other,learn yourself.Just recover,but can not turnaround so fast & so hugh, for long term is worth to invest.

That means you not even hold any position now.,am i right!

batu88,base on your calculation will u hold your position or add some more until end of this year?.For me my answer is yes if profit show increase significant!

Remember,monopoly business at this moment if you have vessel.!

Every business lockdown in malaysia,except maybulk which can sail away 24 hour around the world.i dont know why people sell like no tomorrow! Monopoly business at the moment if you have vessel.!