MALAYSIAN BULK CARRIERS BHD

KLSE (MYR): MAYBULK (5077)

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Last Price

0.51

Today's Change

+0.015 (3.03%)

Day's Change

0.505 - 0.515

Trading Volume

1,158,200


9 people like this.

5,827 comment(s). Last comment by VFTRADER 1 week ago

Posted by GoHaiDuongGo > 2022-01-13 23:26 | Report Abuse

The Baltic Exchange Dry Index slipped by 7.6% to 1,873 on Thursday, its lowest since early March 2021, extending losses for a fifth straight session, amid weaker seasonal demand across all vessel segments. "The New Year starts with some degree of uncertainty, not only related to the Indonesian coal export ban but also concerning the impacts of the heavy rains in Brazil," shipbroker Fearnleys said. The capesize index, which tracks iron ore and coal cargos of 150,000-tonnes, plunged 16.7% to 1,746, its biggest daily decline in four weeks; and the panamax index which tracks cargoes of about 60,000 to 70,000 tonnes of coal and grains, fell 4.4% to its lowest since December 22 at 2,452. Among smaller vessels, the supramax index decreased 21 points to its lowest level since April at 1,915. source: Baltic Exchange

Posted by humblechung > 2022-01-19 23:19 | Report Abuse

Finished and tau pai

MrsLee

954 posts

Posted by MrsLee > 2022-01-25 06:07 | Report Abuse

Seems like no support...keep dropping

lloydlim

3,594 posts

Posted by lloydlim > 2022-01-25 13:43 | Report Abuse

Market sentiment is so down.

Posted by humblechung > 2022-02-04 21:49 | Report Abuse

Finished and tau pau

Posted by humblechung > 2022-02-08 11:01 | Report Abuse

Different market

dompeilee

10,758 posts

Posted by dompeilee > 2022-02-09 09:22 | Report Abuse

Panamax index(main indicator of co's profitability) is now @ 1,971 points, up from 1,760 on the 3rd. Higher than all of 2011-2018 & most of 2019-2020

Posted by wallstreetrookie > 2022-02-09 10:45 | Report Abuse

Now is the time to buy. Slap the ask

Posted by wallstreetrookie > 2022-02-10 14:58 | Report Abuse

Support dompeilee. I bought small amount of shares. Only RM12k

dompeilee

10,758 posts

Posted by dompeilee > 2022-02-11 07:38 | Report Abuse

The Baltic Exchange Dry Index advanced 13.4% to 1,940 on Thursday, its highest since January 12th, extending gains for a third straight session, amid strong demand across all vessels segments. The capesize index, which tracks iron ore and coal cargos of 150,000-tonnes, jumped 26.7% to 1,904. "Most of the prompt tonnage that has been heading towards the South Atlantic is now covered. This together with more fresh cargo has changed the sentiment and boosted the index. However, the most interesting this week has been the significant increase in period demand and the willingness to pay up. For the coming week it looks very promising.", shipbroker Fearnleys said, referring to the capesize segment. At the same time, the panamax index which tracks cargoes of about 60,000 to 70,000 tonnes of coal and grains, rose 8.4% to 2,333; The Panamax is now higher than its brief 2019 peak & in a strong rising trend.

dompeilee

10,758 posts

Posted by dompeilee > 2022-02-12 08:01 | Report Abuse

Iron ore is up 53% from its Nov '21 low, Steel is up 20% fr its low while Coal is up 75% fr its low. Demand for Panamax & Handysize ships is gonna surge! Capesize will continue to capsize but fortunately....=)

Posted by humblechung > 2022-02-19 04:29 | Report Abuse

If russia ukrain war , surplus of ship

Posted by wallstreetrookie > 2 months ago | Report Abuse

20-2-2022 11.58 am GMT +8

Kamsarmax
Alam Kekal - Docked at Kinura (near Osaka, Japan)
Beneficial Owner: Malaysia Bulk Carriers Berhad
Destination: NONE

Alam Kuasa - Docked at Port Dickson
Beneficial Owner: Malaysia Bulk Carriers Berhad
Destination: NONE

Alam Kukuh - Docked at Vancouver, Canada
IMO: 9805685
Destination: Robert Banks
Beneficial Owner: Pacific Carriers Ltd


Not one single Kamsarmax vessel owned by Malaysia Bulk Carriers Berhad is moving.

Supramax
Alam Sayang - cruising along Pacific Ocean (US West Coast)
IMO number: 9651034
Destination: TWTXG Taichung, Taiwan
Beneficial Owner: Nissen Kaiun Co. Ltd.

Handysize
Alam Suria - cruising along South China Sea to Indian Ocean
IMO: 9561916
Destination: Probolinggo, Indonesia
Beneficial: Tsurumi Kisen Co. Ltd.

Posted by wallstreetrookie > 2 months ago | Report Abuse

I have no idea who deleted my post. I really wanted to be bullish on this company but all indicators point towards shorting Malaysia Bulk Carriers

Posted by wallstreetrookie > 2 months ago | Report Abuse

Other companies have so many ships in rotation. This one, the vessels are docked. Lmao goodbye Maybulk's earnings

tants2

5 posts

Posted by tants2 > 2 months ago | Report Abuse

Below are the latest info (23 Feb 2022, 10:30am) - moving on:

Alam Kekal: https://www.marinetraffic.com/en/ais/details/ships/shipid:5722470/mmsi... … The vessel is currently at port KINUURA, JP after a voyage of 2 months, 4 days originating from port GERALDTON, AU. Note: A deserving “rest” after a long journey???

Alam Kuasa:
https://www.marinetraffic.com/en/ais/details/ships/shipid:5846965/mmsi... … The vessel departed from PORT DICKSON, MY on 2022-02-20 15:17 LT (UTC +8) and is currently sailing at 10.8 knots with Northeast direction heading to ZHOUSHAN, CN with reported Estimated Time of Arrival at 2022-03-01 10:00 LT (UTC +8) local time (in 5 days, 23 hours )

Alam Kukuh
https://www.marinetraffic.com/en/ais/details/ships/shipid:5797818/mmsi... ….The vessel departed from VANCOUVER, CA on 2022-02-11 00:00 LT (UTC -8) and is currently sailing at 0.1 knots with West direction

Alam Sayang
https://www.marinetraffic.com/en/ais/details/ships/shipid:412452/mmsi:... …Note: info provided does not seem up-to-date.

Alam Suria
https://www.marinetraffic.com/en/ais/details/ships/shipid:464317/mmsi:... …The vessel arrived at port PROBOLINGGO, ID on 22 Feb 2022 after a voyage of 5 days, 13 hours originating from port SRIRACHA, TH.

Posted by wallstreetrookie > 2 months ago | Report Abuse

Result absolutely trash

dompeilee

10,758 posts

Posted by dompeilee > 2 months ago | Report Abuse

3.91c EPS not bad, despite BDI plunging to low levels for 2/3 of the 4th qtr. FY 19.25c EPS. Net cash 14.1c & net-net 7.1c vs HUGE debts from 2014-2020

Posted by wallstreetrookie > 2 months ago | Report Abuse

Yeah whatever I am gonna get inversed tomorrow anyways. You have more shares in Maybulk so my opinion doesn't matter at all.

dompeilee

10,758 posts

Posted by dompeilee > 2 months ago | Report Abuse

No exceptional gains so operating profit was 31,895 mil. Fair value $1.30 if BDI continues to recover...Panamax now @ 2,596...higher than Nov, Dec & Feb lows(2,280;2,300 & 1,750 respectively) & @ the highest since Sep 2010.

Posted by humblechung > 2 months ago | Report Abuse

Oh

dompeilee

10,758 posts

Posted by dompeilee > 2 months ago | Report Abuse

The Baltic Exchange Dry Index advanced 4.5% to 2,244 on Wednesday, its highest level since January 10th, extending gains for a fourth straight session, supported by gains in rates across all its vessel segments. The capesize index, which tracks iron ore and coal cargos of 150,000-tonnes, jumped almost 9% to 2,192, its highest level since January 11th; and the panamax index which tracks cargoes of about 60,000 to 70,000 tonnes of coal and grains, increased 103 points to 2,699. Among smaller vessels, the supramax index went up 29 points to 2,388.

Posted by humblechung > 2 months ago | Report Abuse

Finished

Posted by adikhantamking > 2 months ago | Report Abuse

Finish apa

Pek79

25 posts

Posted by Pek79 > 2 months ago | Report Abuse

CURRENT YEAR QUARTER CURRENT YEAR TO DATE

Revenue 48,126 192,669
Profit/(loss) before tax 31,918 192,669
Profit/(loss) for the period 31,895 192,533
EPS 3.19 19.25



Result not bad.
but still this quarter is challenging as many environment change.....

Posted by daretocutandchange > 2 months ago | Report Abuse

sg shipping stocks samudera shipping eps 23cts(us$)*1.35(sg$)=31cts(sg$)proposed 12.75cts and 0.75cts=135.pe only 2.33............watch out......

Posted by klangkopitiam > 2 months ago | Report Abuse

Profit but no bull rally ...... mymetastockjournal.blogspot.com

Posted by wallstreetrookie > 2 months ago | Report Abuse

Ships are not moving. Short Maybulk

Posted by wallstreetrookie > 2 months ago | Report Abuse

Keep shorting Maybulk. Easiest short ever

wahd

72 posts

Posted by wahd > 2 months ago | Report Abuse

Will the war affected shipping company especially mabulk?

Posted by wallstreetrookie > 2 months ago | Report Abuse

Of course it will. Freight rates will go down. Container or dry bulk it doesn’t matter. All plummet.
Don’t IDSS. Short or sell

Icon 888

1,020 posts

Posted by Icon 888 > 1 month ago | Report Abuse

Hit n run lai

Icon 888

1,020 posts

Posted by Icon 888 > 1 month ago | Report Abuse

Hit n run lai

awesome20

1,038 posts

Posted by awesome20 > 1 month ago | Report Abuse

still cheap

Icon 888

1,020 posts

Posted by Icon 888 > 1 month ago | Report Abuse

Buang

Posted by Kon Lim Chai > 1 month ago | Report Abuse

Divided payment has been stopped for years. 2021 a very profitable yr. Will Kuok brothers pay?

Posted by Kon Lim Chai > 1 month ago | Report Abuse

Just Wait for coming AGM and related announcement

wahd

72 posts

Posted by wahd > 1 month ago | Report Abuse

When is the AGM ? Virtual?

Posted by adikhantamking > 1 month ago | Report Abuse

https://www.theedgemarkets.com/article/dosm-malaysias-import-value-sur...

from source above , our import value surpassed RM100b for first time in March 2022 !!! waiting this moment ^^

oldfox99

134 posts

Posted by oldfox99 > 2 weeks ago | Report Abuse

change shareholder already to dato goh and tunas manja group....good or bad impact ? Why Robert Quok wanna let go lei ?

wahd

72 posts

Posted by wahd > 2 weeks ago | Report Abuse

Where to you get this news ?

stockraider

29,493 posts

Posted by stockraider > 2 weeks ago | Report Abuse

Raider & Gang bought out Kuok Brothers loh!

Posted by humblechung > 2 weeks ago | Report Abuse

hm hm hm

Pek79

25 posts

Posted by Pek79 > 2 weeks ago | Report Abuse

new share distribution:
Dato' Goh Cheng Huat (Director of Leader Steel Holding Berhad) - 160,000,000 shares (16%)
Tunas Capital Sdn Bhd - 160,000,000 shares (16%)
Pacific Carriers Limited (PCL) (owned by Kuok (Singapore) Limited) - 24,615,000 (2.46%)
PPB Group Berhad (PPB) owned by Kuok Brothers Sdn Berhad - 140,020,000 (14%)

VFTRADER

739 posts

Posted by VFTRADER > 1 week ago | Report Abuse

Dry cargo vessels shortage push up BDI ....
Good for Maybulk??

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