Posted by wonnksa > 2021-10-14 20:33 | Report Abuse

Can't fight with you that you can see to buy the selling cut loss after 10% from last Friday closing price, which is a norm for stop loss. A good plan. Dumb up....

Posted by wonnksa > 2021-10-14 20:36 | Report Abuse

Oops... Thumbs up instead. :)

Posted by Investing_Bursa > 2021-10-14 22:35 | Report Abuse

The Baltic Exchange Dry Index extended losses for a fifth straight session, slipping 2.8% to 5,062 on Thursday, its lowest since September 28th, as falling iron ore prices continued to weigh on capesize rates. The capesize index, which tracks iron ore and coal cargos of 150,000-tonnes, slumped 5.9% to 8,462, its lowest since September 28th; while the panamax index which tracks cargoes of about 60,000 to 70,000 tonnes of coal and grains, rose 1.6% to 4,023, its fourth straight session of gains. Among smaller vessels, the supramax index added 40 points to a record high of 3,542, according to Refinitiv going back until 2017. source: Baltic Exchange

Posted by weimun88 > 2021-10-15 00:10 | Report Abuse

Supramax index and panamax index are relevant to Maybulk, both indexes are rising, hopefully this will be the catalyst.

Posted by KML889 > 2021-10-15 00:11 | Report Abuse

Bingo.

Posted by Value_Investor_888 > 2021-10-15 08:43 |

Post removed.Why?

Posted by sharonchong > 2021-10-15 08:49 | Report Abuse

If you can 'tahan' the volatility and hold until at least end of November (better if until next year), you may see the power of maybulk... we may witness trend similar to Harbour after announcing its quarterly results recently...

Posted by sharonchong > 2021-10-15 08:50 | Report Abuse

Maybulk needs holding power, for me i will hold for medium-long term..

Posted by Value_Investor_888 > 2021-10-15 09:10 | Report Abuse

I means market need to appreciate Maybulk the bull cycle for dry bulk carrier! But not just up few sen then start to take profit and throw like company going to bankrupt! like Freight, Harbour & Coastal all in bull cycle as well, thus market feel very excited on them.

Posted by sharonchong > 2021-10-15 09:32 | Report Abuse

It's good la when we see it yet the market is still not confident, else we might be buying maybulk at 1.00+ now..

Posted by sharonchong > 2021-10-15 09:41 | Report Abuse

Some might need to see the super good results or wait for announcement of new ships purchase only they will buy in.. and that's up to them if they like to pay for higher premium.. i myself prefer to accumulate when the price is still low..

Posted by Supermodel > 2021-10-15 09:52 | Report Abuse

Reasonable vol everyday but trading flat... who is buying?

Posted by kacang4u > 2021-10-15 10:59 | Report Abuse

The transaction is fund operator self buying self selling . Stock is Psychology Game.

Posted by kacang4u > 2021-10-15 12:23 | Report Abuse

Kua kua kua come out .
Katak really honest . He only know kindergarten mathematics . Hahaha

Posted by Investing_Bursa > 2021-10-15 23:54 | Report Abuse

The Baltic Exchange Dry Index extended losses for a sixth straight session, slipping 4.1% to 4,854 on Friday, its lowest since September 27th, as falling iron ore prices continued to weigh on capesize rates. The capesize index, which tracks iron ore and coal cargos of 150,000-tonnes, slumped 8.2% to 7,767, its lowest since September 27th; while the panamax index which tracks cargoes of about 60,000 to 70,000 tonnes of coal and grains, rose 1% to 4,065, its highest in three months. Among smaller vessels, the supramax index added 34 points to a fresh record high of 3,576, according to Refinitiv going back until 2017. The Baltic Dry Index posted a weekly loss of 12.2%, its worst since the week ending January 29th. source: Baltic Exchange

Posted by ojibala > 2021-10-16 18:06 | Report Abuse

Hi, not knowing much about the fundamentals and the business, do u guys think this counter worth investing? The chart shows a consistent downtrend since '07 from its highest at 5.45 to its lowest at 0.18. Though it is showing some activity recently, the gain is so tiny relative to how much losses it has sustained.

I'm open to any advice. Thanks

Posted by dompeilee > 2021-10-18 09:25 | Report Abuse

pang72 I all in maybulk, so how leh?
You quit kah?
08/10/2021 3:25 PM

ALL TIME most reliable REVERSE indicator lol

Posted by sharon1519 > 2021-10-18 09:48 | Report Abuse

NMargin 59.78% , Break highest , year end carrier more busy, next 2 q profit still can break record ...

Posted by risktoreward > 2021-10-18 10:03 | Report Abuse

Add at 0.72

Posted by risktoreward > 2021-10-18 10:58 | Report Abuse

This one need to oscillate sideway a little first, reduce the negative chi

Posted by wallstreetrookie > 2021-10-18 19:20 | Report Abuse

Malaysia Bulk Carriers Berhad Maintain Underweight

With a Short term price target of RM0.50 and a Long term price target of RM0.26 based on our models.

We are extremely pessimistic about the sector outlook and the company's financial health due to the inconsistent earnings over the past few financial quarters.

Posted by Investing_Bursa > 2021-10-18 22:34 | Report Abuse

The Baltic Exchange Dry Index extended losses for a seventh straight session, falling 2.5% to 4,732 on Monday, its lowest since September 27th, amid lower capesize rates. The capesize index, which tracks iron ore and coal cargos of 150,000-tonnes, slumped 5.3% to 7,358, its lowest since September 22; while the panamax index which tracks cargoes of about 60,000 to 70,000 tonnes of coal and grains, went up 0.6% to 4,091, its highest in over three months. Among smaller vessels, the supramax index added 19 points to a fresh record high of 3,595, according to Refinitiv going back until 2017. source: Baltic Exchange

Posted by wonnksa > 2021-10-18 23:29 | Report Abuse

@Investing_Bursa, thanks very much for the BDI updates. Good!

Posted by KML889 > 2021-10-19 21:13 | Report Abuse

Dear MBC'ian,
At current rates or the foreseeable freight rates the generation of FCF is certain for MBC. Do due diligence and check their breakeven rates, check their operating profit begins at what freight rates and what lies ahead in Q3 & Q4 and beyond into 2022/23. You don't have to be a genius to go one step ahead of the Market or at least you can sleep well knowing the up cycles in the Dry Bulk segment. Cheers.

Posted by Investing_Bursa > 2021-10-19 22:38 | Report Abuse

The Baltic Exchange Dry Index extended losses for an eighth straight session, falling 0.4% to 4,714 on Tuesday, its lowest since September 24th, amid weaker demand for capesize vessels. The capesize index, which tracks iron ore and coal cargos of 150,000-tonnes, declined 1.8% to 7,229, its lowest in almost a month; while the panamax index which tracks cargoes of about 60,000 to 70,000 tonnes of coal and grains, rose 1.8% to 4,166, its highest in three and a half months. Among smaller vessels, the supramax index added 15 points to a fresh record high of 3,610, according to Refinitiv going back until 2017. source: Baltic Exchange

Posted by sharonchong > 2021-10-20 08:47 | Report Abuse

Well, I don't know about Malaysia but I have observed that 80-90% of dry bulk stocks all around the world went up for the past two days.. maybe there are some reasons behind..

Posted by KML889 > 2021-10-20 09:18 | Report Abuse

Nevermind the dubious and cynical comments by some unscrupulous forumers. You do what's right for you after examining the facts and figures. Enjoy your day. Cheers

Posted by sharonchong > 2021-10-20 09:58 | Report Abuse

@KML889.. Thanks.. I think this round came down could be a great chance for those who previously wanted to collect but didn't have chance to do so.. Next round will be the quarterly result already.. bare in mind shipping companies correction in Taiwan because they went up 10X-20X already.. maybulk only 2-3X from last year March low..

Posted by sharonchong > 2021-10-20 10:11 | Report Abuse

Ya.. when supramax, panamax and handy size indices all went up record high, which company benefited the most in Malaysia if its none other than Maybulk? Maybulk is still the LARGEST dry bulk shipping company in Malaysia, that's the fact. What will happen if the situation continues or at least sustains for 2-3 years? Or we want to wait until Maybulk announce to purchase new ships only chase high..?

Posted by RVI123 > 2021-10-20 19:07 | Report Abuse

Baltic Bulk Panamax and Supramax rental rates keep moving upwards. Operators are still suppressing the price to clear the weak holders. Once the weak holders are cleared, price will move up fast and furious.

Posted by sharonchong > 2021-10-20 21:29 | Report Abuse

BDI 4,714 -> 4,751 (+37, +0.8%)
BCI 7,229 -> 7,275 (+46, +0.6%)
BPI 4,116 -> 4,236 (+120, +2.9%)
BSI 3,610 -> 3,618 (+8, +0.2%)
BHSI 2,024 -> 2,033 (+9, +0.4%)

Posted by wonnksa > 2021-10-20 21:43 | Report Abuse

@sharonchong, thanks very much on the updates. I will some shares to reenter again.

Posted by sharonchong > 2021-10-20 23:18 | Report Abuse

Supramax Index achieved a fresh new historic high...

Posted by takaje > 2021-10-21 15:52 | Report Abuse

this counter everyday lausai. loss making company.

Posted by Investing_Bursa > 2021-10-21 23:34 | Report Abuse

The Baltic Exchange Dry Index fell 2.1% to 4,653 on Thursday, its lowest since September 24th, amid renewed weakness in the capesize vessel segment. The capesize index, which tracks iron ore and coal cargos of 150,000-tonnes, declined 4.9% to 6,918, its lowest in a month; while the panamax index which tracks cargoes of about 60,000 to 70,000 tonnes of coal and grains, rose 1.6% to 4,304, its highest in over 11 years. Among smaller vessels, the supramax index added 6 points to a fresh record high of 3,624, according to Refinitiv going back until 2017. source: Baltic Exchan

Posted by sharonchong > 2021-10-22 00:30 | Report Abuse

Panamax and Handy size both breaks record high, supramax breaks 11-year high.

Meaning = Maybulk 4th quarter earning WILL continue to go up, if this can sustain.

Posted by sharonchong > 2021-10-22 09:56 | Report Abuse

Ya. I expect increase in operating profits for at least 4 consecutive quarters.. disregard of the one off la.. Now we have seen Q1 and Q2 improvements in net profits, by looking at the Panamax, Supramax and Handy size indices that sky rocket high, Q3 and Q4 should 99% confirm already.. Really something for maybulk if can up for 4 straights quarters!

Posted by sharonchong > 2021-10-22 09:58 | Report Abuse

Some experts predict a 3-5 good years for shipping industry, imagine a 12-20 quarters uptrend.. maybulk can be a future star in bursa..

Posted by takaje > 2021-10-22 10:08 | Report Abuse

Anyone actually open and read their financial reports or not? Lousy earning, negative PE, negative PES, last dividend in 2015. Lol

Posted by Go lucky Happy > 2021-10-22 13:59 | Report Abuse

@sharonchong, i really respect your optimism on this counter and hope your prediction will come true. Because it reminded me of one time when i bought Genetec shares 2 years ago when it was making losses and the price of the shares was only $1 but today it is above $40 alrdy. So who knows, it may happen to this counter.

Posted by takaje > 2021-10-22 16:07 | Report Abuse

Why lah waste time here when there so many good profit making companies?

Posted by sharonchong > 2021-10-22 21:44 | Report Abuse

Baltic Dry increased 3,287 points or 240.63% since the beginning of 2021, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. 
source: Baltic Exchange

Posted by Investing_Bursa > 2021-10-22 22:41 | Report Abuse

The Baltic Exchange Dry Index fell 5.2% to 4,410 on Friday, its lowest since September 21th and the steepest decline since late January, amid weakness in the capesize vessel segment. The capesize index, which tracks iron ore and coal cargos of 150,000-tonnes, plunged 10.3% to 6,205, the biggest decline since January 27th; and the supramax index fell 40 points to 3,584, snapping a winning streak of 13 sessions. Meanwhile, the panamax index which tracks cargoes of about 60,000 to 70,000 tonnes of coal and grains, went up 0.5% to 4,327, its highest in over 11 years. The Baltic Dry Index recorded a weekly loss of 9.1%, the biggest since the week ending May 24th. source: Baltic Exchange

Posted by Investing_Bursa > 2021-10-22 22:43 | Report Abuse

Possible break below 70 next week

Posted by nakata > 2021-10-22 22:47 | Report Abuse

Thanks for your sharing, @Investing_Bursa ..

What is your opinion on causing index felt?

Posted by Investing_Bursa > 2021-10-22 23:40 | Report Abuse

I think it’s just profit taking as it went up too fast in a short span of time. Once it has found support, then it will start to recover

Posted by JTleong > 2021-10-23 00:36 | Report Abuse

Why are people so panic when BDI index drop? Capesize index drop badly which affect BDI index but it doesn't even related to maybulk. Chill guys

Posted by takaje > 2021-10-23 08:39 | Report Abuse

This is called "confirmation bias".

Posted by hantamking > 2021-10-25 10:53 | Report Abuse

pang72 bohong 1 lah , he waiting 70sen hahah
know his pattern so long

Posted by hantamking > 2021-10-25 13:08 | Report Abuse

yeah it will go up 20C soon hahah
u happy right