Posted by dompeilee > 2022-02-08 09:19 | Report Abuse

Star Bulk Carriers' shr price reaches NEW 52-wk high of $25.72 intraday yesterday! Despite crash of BDI led by Capesize which this co. is not affected by.

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

Different market

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

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.

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 Pek79 > 2022-02-14 23:47 | Report Abuse

There is still no clear sign of rebound of shipping market.
Q4 result maybe will out next week? can expect positive net profit this quarter as all the indexes (BDI, Panamex & Handysize) during Q4 still above profitable level. maybe can expect 20mils net profit.
But the Q1 of 2022 will be challenging. if remain current level or lower it may report net loss.

Since this company now became a cash rich company after sold the 2 ships, see what is the management planning for the cash. capital return or buy a new ship (possible Capasize as it may be cheap now)?

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

If russia ukrain war , surplus of ship

Posted by wallstreetrookie > 2022-02-22 12:50 | 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 > 2022-02-22 12:51 | 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 > 2022-02-22 22:22 | Report Abuse

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

Posted by tants2 > 2022-02-23 10:43 | 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:563066700/imo:9805702/vessel:ALAM_KEKAL … 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:533130882/imo:9805697/vessel:ALAM_KUASA … 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:563071700/imo:9805685/vessel:ALAM_KUKUH ….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:353511000/imo:9651034/vessel:ALAM_SAYANG …Note: info provided does not seem up-to-date.

Alam Suria
https://www.marinetraffic.com/en/ais/details/ships/shipid:464317/mmsi:373121000/imo:9561916/vessel:ALAM_SURIA …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 > 2022-02-23 18:34 | Report Abuse

Result absolutely trash

Posted by dompeilee > 2022-02-23 18:41 | 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 > 2022-02-23 18:44 | 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.

Posted by dompeilee > 2022-02-23 18:47 | 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 > 2022-02-23 21:30 | Report Abuse

Oh

Posted by dompeilee > 2022-02-24 08:03 | 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 > 2022-02-24 20:31 | Report Abuse

Finished

Posted by adikhantamking > 2022-02-24 21:10 | Report Abuse

Finish apa

Posted by Pek79 > 2022-02-25 13:25 | 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 investortrader88 > 2022-02-26 11:13 | Report Abuse

https://www.theedgemarkets.com/article/maybulk-returned-black-fy21-rm19253m-profit-snapping-twoyear-losing-streak

Posted by daretocutandchange > 2022-02-26 12:27 | 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 > 2022-02-28 13:26 | Report Abuse

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

Posted by wallstreetrookie > 2022-03-01 16:17 | Report Abuse

Ships are not moving. Short Maybulk

Posted by wallstreetrookie > 2022-03-02 16:29 | Report Abuse

Keep shorting Maybulk. Easiest short ever

Posted by wahd > 2022-03-08 14:19 | Report Abuse

Will the war affected shipping company especially mabulk?

Posted by wallstreetrookie > 2022-03-13 17:27 | 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

Posted by Icon 888 > 2022-03-24 01:18 | Report Abuse

Hit n run lai

Posted by Icon 888 > 2022-03-29 23:31 | Report Abuse

Hit n run lai

Posted by awesome20 > 2022-03-31 18:38 | Report Abuse

still cheap

Posted by Icon 888 > 2022-04-05 15:27 | Report Abuse

Buang

Posted by Kon Lim Chai > 2022-04-08 07:48 | Report Abuse

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

Posted by Kon Lim Chai > 2022-04-08 07:49 | Report Abuse

Just Wait for coming AGM and related announcement

Posted by wahd > 2022-04-10 15:04 | Report Abuse

When is the AGM ? Virtual?

Posted by adikhantamking > 2022-04-18 12:26 | Report Abuse

https://www.theedgemarkets.com/article/dosm-malaysias-import-value-surpassed-rm100b-first-time-march-2022

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

Posted by oldfox99 > 2022-04-30 12:07 | Report Abuse

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

Posted by wahd > 2022-05-01 12:08 | Report Abuse

Where to you get this news ?

Posted by stockraider > 2022-05-01 12:13 | Report Abuse

Raider & Gang bought out Kuok Brothers loh!

Posted by humblechung > 2022-05-04 09:54 | Report Abuse

hm hm hm

Posted by Pek79 > 2022-05-05 11:05 | 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%)

Posted by VFTRADER > 2022-05-12 16:19 | Report Abuse

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

Posted by BursaVulture > 2022-05-27 18:59 | Report Abuse

Run
Glove 2.0
Run

Posted by davidkkw79 > 2022-05-27 19:20 | Report Abuse

Good for Holland !!
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3263168

Posted by wallstreetrookie > 2022-05-30 09:19 | Report Abuse

I warned you guys a year ago to dump Maybulk. Last year when I said I was underweight on Maybulk, lots of people gave a ton of criticism. Not every company founded by Robert Kuok is a good one. Kuok is a vampire in the market, won't share his profits with shareholders and this company is a sinking ship with so many vessel disposals

Posted by wallstreetrookie > 2022-05-30 09:20 | Report Abuse

This stock has a high possibility of getting delisted. They are burning through cash every day. Keeps disposing vessels. Malaysia Bulk Carrier Berhad is a sinking ship

Price target: RM0.05

Posted by stockraider > 2022-05-30 09:27 | Report Abuse

Do not talk kok rubbish mah!

How to 5 sen leh ??

Posted by Nkk1370 > 2022-05-30 10:24 | Report Abuse

Bought 0.47,mbulk is almost debt free

Posted by cumcumshot > 2022-05-30 10:38 | Report Abuse

To those who still think MayBulk future focus will still be the dry bulk shipping biz, pls wake up. Robert Kuok has sold the controlling stake in Maybulk, new owner's biz apparently is the property development.
Whether Robert Kuok will clear off all the remaining shares will be monitored closely.