Posted by humblechung > 2022-07-02 00:39 | Report Abuse

maintenance vessel high cost

Posted by humblechung > 2022-07-02 00:39 | Report Abuse

may be not good business

Posted by wahd > 2022-07-08 13:04 | Report Abuse

When Managment going announcing company direction?

Posted by PennyStock123 > 2022-07-26 09:12 | Report Abuse

slowly....silently....moving....

Posted by chesslim > 2022-08-19 21:06 | Report Abuse

记住，当别人恐惧时你要贪婪。

Posted by Bursascreener > 2022-10-26 14:40 | Report Abuse

Many reason to enter now,
Bullish MACD Centreline crossover, Volume is good and Moving average crossing. Good luck all.

Posted by Pek79 > 2022-11-24 16:05 | Report Abuse

B10. DIVIDENDS
The Directors have recommended the payment of an Interim Single-tier Special Dividend of 6.5 Sen per ordinary share, amounting to RM65 million. The date of entitlement and payment will be determined later.

Posted by dompeilee > 2022-11-24 17:24 | Report Abuse

At least now I can look forward to a healthy 8% return on my 50k shares stuck @ higher prices.

Posted by DickyMe > 2022-12-06 19:41 | Report Abuse

Might as well consider opening nasi lemak stalls by the roadside under a tree or nearby a bus stand.

Posted by hng33 > 2022-12-07 15:29 | Report Abuse

bought maybulk at 42.5sen

Posted by hng33 > 2022-12-07 22:28 | Report Abuse

Net cash per share is 35sen/share, after payout 6.5sen dividend, Maybulk still is cash rich company with net cash 28sen or 65% of market capitalization.

Posted by alex > 2022-12-08 18:03 | Report Abuse

wah.. special dividend 21%

Posted by hng33 > 2022-12-08 20:32 | Report Abuse

:D)

Posted by thesteward > 2022-12-09 09:11 | Report Abuse

Comgrats

Posted by Diamond7 > 2022-12-09 15:25 | Report Abuse

Vow!
10 cents dividend
Ex date December 21st!

Excellent!!!!

Posted by dompeilee > 2022-12-09 17:20 | Report Abuse

Fortunately, I DID buy the day after the qtrly result & bought 7 days in a row @ 41-44c since then...this morning, I gasak another 25k shrs to shoot my holding to over 100k & my average cost to 57c :D

Posted by Amazonboy > 2022-12-09 19:51 | Report Abuse

20% divvy. .epf dont buy crazy...Lol

Posted by Michael Kwok > 2022-12-11 22:53 | Report Abuse

Price 48.5
Buy on weakness 45-46 cents
Cut loss 43 cents
Tp 55-60 cents(bursa in 1500 range)
11/12/22 10.53 pm

Posted by Amazonboy > 2022-12-12 09:51 | Report Abuse

Wow such a big block of sellers...will take 1 weekvto clear..Lol

Posted by dompeilee > 2022-12-12 10:05 | Report Abuse

Don't care...bought another 18 lots @ 49c

Posted by hng33 > 2022-12-12 10:42 | Report Abuse

sold all at 49sen

Posted by hng33 > 2022-12-12 11:18 | Report Abuse

The impact on special dividend already price in. After ex-date, stock will adjust back lower. Cash out first

Posted by dompeilee > 2022-12-14 16:58 | Report Abuse

Investing v Gambling...2day, my MGM China shares were SOLD @ HK$8.45 only becos I forgot about them after buying from HK$5.76 down to 5.38 in Sep/Oct '21 & they sank further & stayed DOWN for 13 months...Tumbled to as low as HK$3.01 last month...another gambling miracle like Comcorp.

Posted by tehka > 2022-12-15 09:16 | Report Abuse

Big green is coming to Maybulk! Amazing dividend and cash position! Believe in dompeilee, he is good trader!

Posted by tehka > 2022-12-17 09:21 | Report Abuse

good close!

Posted by dompeilee > 2022-12-19 07:38 | Report Abuse

Thank you for the compliment! As long as we know the co. has huge cash reserves & NO DEBT in this rising interest rate environment & the charter rates are still profitable & the 2 owned ships still have a mkt value of 280-300 mil, pocketing the 100 mil dividend shld not affect the co's core biz in the medium term. Better than throwing a large chunk of that $ into a low margin biz just for the sake of deworsifying(diversifying)!

Posted by dompeilee > 2022-12-19 07:53 | Report Abuse

If my Comcorp can go from 2.5c then suspended & limit-up 3X to 99c & eventually earn 24% on my 79c & my MGM China can rise from HK$3.01 last month to HK$8.82 now despite losing over a billion & its NTA dropping by 85%, Maybulk can revisit $1 in 2023....

Posted by Amazonboy > 2022-12-19 11:23 | Report Abuse

Many waiting 4 cheap sale..not going 2 happen...tomorrow panic buying.. Lol

Posted by Pek79 > 2022-12-19 13:17 | Report Abuse

RM0.10 dividend for this time is actually a capital return after 2 ships sold.
Maybulk still a cash rich company after this capital return. Currently cash in bank is RM 359 mil, cash spent for this capital return is about RM 100 mil, balance RM 259 mil.

Since the investment on Tunas Manja Group had been withdraw (I feel relief after heard this news), i hope Maybulk can start purchase new Panamax ship, as Panamax ship price is now halved compared to the period when Maybulk sold its 2 Panamax ships, and Panamax index is relatively stable compare to Capesize index.

Posted by dompeilee > 2022-12-19 14:26 | Report Abuse

This stock is not for syiok2 sendiri gamblers like hng33...one orgas m & then it's over...a longer-term view will provide continuous pleasure when the bull revisits again!

Posted by nasgee > 2022-12-19 15:53 | Report Abuse

soon LU fasterr get readyy vrommm

Posted by dompeilee > 2022-12-19 18:16 | Report Abuse

I'm mentally prepared for it to drop to as low as 32c after ex-dividend. However, the equivalent of more than 50% of my dividend income for 2022 will have been earned by Jan 5th 2023 =)

Posted by nasgee > 2022-12-20 08:59 | Report Abuse

flyyyy vroommmm get sett goooo dnt wryyy

Posted by Amazonboy > 2022-12-20 16:52 | Report Abuse

Tomorrow open @38...be happy

Posted by dompeilee > 2022-12-21 07:41 | Report Abuse

Baltic Dry Index has risen 39% since a month ago with the Panamax index about 9% higher & stabilised at the highest levels of 2013 & 2018, 60% higher than the average levels between 2012-2020 when the co. incurred huge losses. I estimate 4Q result to be in line with the 1Q '21 result based on these index levels or perhaps half due to the smaller fleet size which still gives it a reasonable PE of 15-20 going fwd.

Posted by dompeilee > 2022-12-22 07:59 | Report Abuse

Listed shipping stocks in overseas markets rose between 4 - 8% yesterday

Posted by Pek79 > 2022-12-22 09:08 | Report Abuse

This BDI rise not contribute to Maybulk earning, as current rise in BDI is majorly increase only in Capesize. The Panamax, which Maybulk focus on, are actually decreasing.

i will foresee Maybulk may again report lost on this quarter, as the average of Panamax on this quarter is below 1700. But I think next quarter will be better as based on history chart, Panamex rise always slight delay compare to Capasize.

Posted by dompeilee > 2022-12-22 10:29 | Report Abuse

Their 2 ships are actually Kamsarmax which is 85k > 70k upper limit for Panamax class. I expect these 2 will command higher charter rates than Panamax & I disagree with the loss forecast, predicting 0.5-1.1c EPS

Posted by Pek79 > 2022-12-22 11:12 | Report Abuse

Below only compare this quarter to previous 2 quarter, as quarter before Jun 2022 Maybulk still holding more ship compare to now, so only quarter Jun 2022 & Sep 2022 condition is same as this quarter:

Jun 2022, Panamax average 2957.48, Supermax average 2627.33, EPS 6.1 cent.
Sep 2022, Panamax average 1910.37, Supermax average 1790.55, EPS 1.2 cent.
Dec 2022, Panamax average 1665.23, Supermax average 1243.53, EPS ?? cent.

with above data, simple calculation can lead you to the result Maybulk may report lost on this quarter

Posted by dompeilee > 2022-12-22 17:34 | Report Abuse

No use discussing when the factors determining the final no.are so varied & unknown, with the BPI fluctuating between 1,460 & 2,236 between Oct 1 & now...I stick to my forecast of a small +ve EPS to be announced end-Feb '23.

Posted by dompeilee > 2022-12-27 18:49 | Report Abuse

I have already analysed for my clients based on the fine print in the qtrly reports & available past data corroborating my forecast of an effortless though small +ve EPS for the coming qtr.

Posted by PennyStock123 > 2023-01-06 17:44 | Report Abuse

ok....10% dividend is in...tq Maybulk....:)

Posted by dompeilee > 2023-01-10 08:14 | Report Abuse

Firm buying support detected...I wonder what they know?

Posted by nasgee > 2023-01-11 08:52 | Report Abuse

LU 2dy...fasterrr stilll cheappp...vrommmm

Posted by birkincollector > 2023-01-13 12:33 | Report Abuse

oh 100mil shares transacted at 0.520

Posted by dompeilee > 2023-01-13 19:24 | Report Abuse

Oic...Tunas disposed 100 mil to the other joint buyer from Kuok, Goh CH, when they no longer had any hope of dumping their low margin grocery biz to MB...tahniah!

Posted by dompeilee > 2023-01-17 07:32 | Report Abuse

Very strange...coal is still sky high(>4x) compared to end-'20 levels & steel is 16% above '22 lows...yet the BDI has dropped to high 3 digits

Posted by PennyStock123 > 2023-01-19 08:54 | Report Abuse

MALAYSIAN BULK CARRIERS BERHAD ("MBC" OR THE "COMPANY") ACQUISITION OF 100%EQUITY INTEREST IN EMT SYSTEMS SDN BHD (FORMERLY KNOWN AS E METALL SYSTEMS SDNBHD) ("EMTS") FOR A PURCHASE CONSIDERATION OF RM70,000,000 ("ACQUISITION")....

Posted by oskchoon > 2023-02-17 23:34 | Report Abuse

The biggest major share holders are buying at 0.425 and we are buying at the open market at 0.36 to 0.375...what going on...

Posted by Chang Yee Fong > 2023-02-28 23:05 | Report Abuse

Not bad results @dompeilee your analysis was accurate.