Posted by xiaoeh > 2021-11-24 14:21 | Report Abuse

part of the profit came from the disposed of 2 vessels if not wrong

Posted by RVI123 > 2021-11-24 15:03 | Report Abuse

1 am waiting for the management's direction. Will the management place order for new ships or diversify into new businesses?

Posted by wonnksa > 2021-11-24 15:36 | Report Abuse

From penny size of price at 80 cents, still pulled back to 59 cents. Would you think this could done by retailers? Even now, the final qr with profit also cut chives. Hopeless. Sigh ... Go back to 20cents.

Posted by Boon Keng > 2021-11-24 17:17 | Report Abuse

good opportunity to buy on dips

Posted by sharonchong > 2021-11-24 19:23 | Report Abuse

@xiaoeh.. 80M is just operational net profit, i have excluded all the one offs..

Q1 (15M) + Q2 (18M) + Q3 (22M) + Q4 (est. 23-25M)
Total = ~80M (Operational Net Profit)

If include then the profit will be around 180-185M in total.

xiaoeh part of the profit came from the disposed of 2 vessels if not wrong

Posted by wonnksa > 2021-11-24 19:30 | Report Abuse

Being a minor shareholder, what can you expect from the company as you did not work for any business areas and think to get the fortune that easily when declared good profit? Unless it has the dividend policy, but it may opt not to give any barring unforeseen circumstances.

Just follow the trend, go up or down. Win or loss.

Posted by sharonchong > 2021-11-24 19:48 | Report Abuse

Maybulk PE is 5 now... With the current price maybulk PE will be ~3 in the 4th quarter.. Try compare with other shipping companies in Malaysia and we will know whether this is reasonable or not..

For me, Maybulk is already oversold and 0.59 is indeed a great discount..

Posted by sharonchong > 2021-11-25 08:08 | Report Abuse

If take away all one offs and calculate only operational net profit for 2021 (est. 80M) then PE~7. If we take PE10 then maybulk by right should be around 0.80.

Q1 (15M) + Q2 (18M) + Q3 (22M) + Q4 (est. 23-25M)
Total = ~80M (Operational Net Profit)

Posted by sharonchong > 2021-11-25 08:19 | Report Abuse

Complet - PE 118
Freight - PE 15.21
MISC - PE 15.81
Tasco - PE 15.63
TOCEAN - PE -93
Hubline - PE -4.75
Harbour - PE 8.27
Sealink - PE -1.46
Syscorp - PE 26

Maybulk is still the lowest among all!

Posted by GoHaiDuongGo > 2021-11-25 08:37 | Report Abuse

https://www.hellenicshippingnews.com/baltic-index-ends-four-day-rally-on-capesize-weakness/

Posted by RVI123 > 2021-11-25 09:26 | Report Abuse

Maybulk had an impairment loss on vessels amounting to RM55.8mil in 4Q20. Next quarter, I believe there will be a huge writeback on the impairment as the values of vessels are currently well above their respective book values.

Posted by Swcm98 > 2021-11-25 12:37 | Report Abuse

Still dropping. Huge loss in this counter

Posted by Swcm98 > 2021-11-25 12:37 | Report Abuse

How low will it go?

Posted by Boon Keng > 2021-11-25 14:58 | Report Abuse

hmmm seem like all trap.... Sharon out to promote hard.

Posted by Investing_Bursa > 2021-11-25 15:57 | Report Abuse

Wow new low !

Posted by Boon Keng > 2021-11-25 16:18 | Report Abuse

hopeless counter. release qr and sell on news.

Posted by wallstreetrookie > 2021-11-25 21:50 | Report Abuse

Malaysian Bulk Carriers Berhad Maintain Underweight

4Q price target revised to RM0.48

Posted by wallstreetrookie > 2021-11-25 21:51 | Report Abuse

@dompeilee have you started shorting on your corporate account yet?

Posted by wallstreetrookie > 2021-11-25 21:55 | Report Abuse

Long term price target: RM0.16

Posted by GoHaiDuongGo > 2021-11-26 07:20 | Report Abuse

https://www.hellenicshippingnews.com/dry-bulk-carriers-still-in-demand-despite-recent-market-downside/

Posted by hoot9e996 > 2021-11-26 08:52 | Report Abuse

typical malaysia stocks, good company profit making company share price drop. all malaysia share market focus on Pump and dumb CON companies. need to ride the band wagon lol

Posted by Go lucky Happy > 2021-11-26 09:14 | Report Abuse

This counter reminds me of Lay Hong. Their management will depress the share value until totally no value at all because they don't appreciate or give any rewards to their shareholders. Maybulk is one of these companies i guess.

Posted by kacang4u > 2021-11-26 09:30 | Report Abuse

Don't buy & Don't sell. Wait and see first. Many counter shark acting .

Posted by kacang4u > 2021-11-26 09:31 | Report Abuse

They try to make ppl sell . But don't buy first .

Posted by 周 海 > 2021-11-26 09:33 | Report Abuse

Institution maybe waiting most name to drop 9% to absorb the sure loss next year plus this is the time most investors cash out to plan for long holiday.

Newbies won't notice this as 2020 was an exception year.

Posted by wallstreetrookie > 2021-11-26 14:49 | Report Abuse

Hahaha

Posted by sharonchong > 2021-11-26 21:25 | Report Abuse

It has been a while since all indices go up together.

BDI 2,678 -> 2,767 (+89, +3.3%)
BCI 3,776 -> 3,906 (+130, +3.4%)
BPI 2,489 -> 2,621 (+132, +5.3%)
BSI 2,284 -> 2,316 (+32, +1.4%)
BHSI 1,536 -> 1,539 (+3, +0.2%)

Posted by hantamking > 2021-11-27 13:35 | Report Abuse

https://www.hellenicshippingnews.com/baltic-index-posts-biggest-weekly-rise-in-2-months-as-vessel-rates-firm/

Yesla

Posted by hantamking > 2021-11-27 13:36 | Report Abuse

Momemtum will coming 1 more round

Posted by hantamking > 2021-11-28 20:05 | Report Abuse

Con man Pang72 , still wanna con people
Alot of people is looking for you

Posted by hantamking > 2021-11-28 20:10 |

Post removed.Why?

Posted by hantamking > 2021-11-28 21:14 |

Post removed.Why?

Posted by hantamking > 2021-11-29 06:34 |

Post removed.Why?

Posted by hantamking > 2021-11-29 06:38 |

Post removed.Why?

Posted by hantamking > 2021-11-29 12:36 | Report Abuse

"Malaysia Oct 2021 export value up 25.5% year-on-year at record high of RM114.4b — DOSM"

Source:
https://www.theedgemarkets.com/article/malaysia-oct-2021-export-value-255-yearonyear-record-high-rm1144b-—-dosm?type=malaysia

Posted by hantamking > 2021-11-29 15:26 | Report Abuse

''10月大马外贸热火朝天 出口贸易额与盈余齐走高''

source:
https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/10%E6%9C%88%E5%A4%A7%E9%A9%AC%E5%A4%96%E8%B4%B8%E7%83%AD%E7%81%AB%E6%9C%9D%E5%A4%A9-%E5%87%BA%E5%8F%A3%E8%B4%B8%E6%98%93%E9%A2%9D%E4%B8%8E%E7%9B%88%E4%BD%99%E9%BD%90%E8%B5%B0%E9%AB%98

Posted by sharonchong > 2021-11-29 21:17 | Report Abuse

Baltic Dry indices all go up again..

BDI 2,767 -> 2,881 (+114, +4.1%)
BCI 3,906 -> 4,143 (+237, +6.1%)
BPI 2,621 -> 2,735 (+114, +4.3%)
BSI 2,316 -> 2,327 (+11, +0.5%)
BHSI 1,539 -> 1,540 (+1, +0.1%)

Posted by hantamking > 2021-11-29 22:37 | Report Abuse

https://www.theedgemarkets.com/article/economists-raise-2021-exports-growth-forecast-malaysia-following-impressive-october-figure?type=malaysia

Posted by sapurakencana > 2021-11-29 22:47 | Report Abuse

Sharon,where you get the latest BDI ,Thanks.

Posted by GoHaiDuongGo > 2021-11-30 10:16 | Report Abuse

I always get the latest Baltic figures here after 9:00pm

http://en.stockq.org/market/global.php

Posted by sapurakencana > 2021-11-30 13:22 | Report Abuse

Thanks GoHaiDuongGo!

Posted by sharonchong > 2021-11-30 21:10 | Report Abuse

Again, all indices go up together... Looks like a reversal trend started to form..

BDI 2,881 -> 3018 (+137, +4.8%)
BCI 4,143 -> 4,483 (+340, +8.2%)
BPI 2,735 -> 2,811 (+76, +2.8%)
BSI 2,327 -> 2,340 (+13, +0.6%)
BHSI 1,540 -> 1,544 (+4, +0.3%)

Posted by Swcm98 > 2021-12-01 09:23 | Report Abuse

Indexes may go up. Price not moving

Posted by sharonchong > 2021-12-02 07:06 | Report Abuse

The Baltic Exchange Dry Index rose 1% to 3,047 on Wednesday, a peak since November 2nd, extending gains for a fifth straight session, driven by gains in the smaller vessel segments. The panamax index which tracks cargoes of about 60,000 to 70,000 tonnes of coal and grains, advanced 3.1% to a near three-week high at 2,897; and the supramax index added 34 points to 2,374, its highest in almost a month. Conversely, the capesize index, which tracks iron ore and coal cargos of 150,000-tonnes, fell 0.4% to 4,464, snapping a three-session streak of gains. . source: Baltic Exchange

Posted by Santiago > 2021-12-02 10:41 | Report Abuse

yeay.. dropping more....

Posted by wallstreetrookie > 2021-12-02 14:49 | Report Abuse

Keep shorting this company. Yum

Posted by sharonchong > 2021-12-02 21:27 | Report Abuse

All up again, Maybulk is going to enjoy big profit if this trend continues...

BDI 3,047 -> 3,115 (+68, +2.2%)
BCI 4,464 -> 4,534(+70, +1.6%)
BPI 2,897 -> 3,030 (+133, +4.6%)
BSI 2,374 -> 2,402 (+28, +1.2%)
BHSI 1,551 -> 1,555 (+4, +0.3%)

Posted by sharonchong > 2021-12-03 21:11 | Report Abuse

Continue uptrend.. Should have added some on Thursday when everyone panicked...

BDI 3,115 -> 3,171 (+56, +1.8%)
BCI 4,534 -> 4,594 (+60, +1.3%)
BPI 3,030 -> 3,128 (+98, +3.1%)
BSI 2,402 -> 2,431 (+29, +1.2%)
BHSI 1,555 -> 1,559 (+4, +0.3%)

Posted by GoHaiDuongGo > 2021-12-04 07:42 | Report Abuse

https://tradingeconomics.com/commodity/baltic

Posted by hantamking > 2021-12-04 12:01 | Report Abuse

Huat chai liao those who bought early