Be the first to like this.
1 comment(s). Last comment by Fabien _the efficient capital allocator 2021-06-12 19:50
No result.
2
save malaysia!
3
4
5
6
Koon Yew Yin's Blog
7
8
Good Articles to Share
Le Pen makes new threat to withdraw support for French government
#
Stock
Score
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Fabien _the efficient capital allocator
2,012 posts
Posted by Fabien _the efficient capital allocator > 2021-06-12 19:50 | Report Abuse
Conservatively, we should be looking at average charter rates of USD20,000. Though very likely Q4 would see even higher rates, the unleash of pent-up demand as more economies re-open coupled with supply chain disruptions.
Increments from higher charter rates will translate into pure profit as their costs are largely fixed.
Investors should not mislead by looking at the Baltic Dry Index alone, as it comprises various classes of dry bulk carriers with different supply demand dynamics. You are right to highlight the impact of Capsize (about 40% weight) to the overall index decline.