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.

Posted by wahd > 2022-05-30 14:16 | Report Abuse

Who have AGM Today ?

Posted by Nkk1370 > 2022-05-30 15:32 | Report Abuse

Shipping business is so much different fr property Hope the new owner can be more focused

Posted by VFTRADER > 2022-06-02 10:06 | Report Abuse

BDI up, share price not moving!!

Now BDI big drop, share drop big drop....

Posted by humblechung > 2022-06-02 13:33 | Report Abuse

finish lol finish lol

Posted by humblechung > 2022-06-02 13:34 | Report Abuse

0.10 stock price

Posted by Parkdadguy > 2022-06-02 16:48 | Report Abuse

for those people who think maybulk share will big drop, fast fast go short sell i dare u all

Posted by VFTRADER > 2022-06-08 12:29 | Report Abuse

Will Maybulk share price hit RM0.38 in the month of June?
(Sell in May and run in June.....)

Posted by humblechung > 2022-06-14 09:37 | Report Abuse

may be 0.12 soon

Posted by cumcumshot > 2022-06-20 11:29 | Report Abuse

If you think MayBulk will remain as a bulk shipper, keep on dreaming. If you think it can't go lower, keep and hold it tightly, you will be given chance to buy at much lower price later so that you can average your total costs. hahaha....

Posted by VFTRADER > 2022-06-23 11:17 | Report Abuse

Maybulk based on latest QR

Net Cash(RM141,266,000)/Share = RM0.141
Net Vessel (RM335,873,000)/Share = RM0.336
TTL (These two) = RM0.477/Share

If they sell vessels, might fetch very good price like what they did in 2021.....