MAYBULK BERHAD

KLSE (MYR): MAYBULK (5077)

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Last Price

0.295

Today's Change

-0.005 (1.67%)

Day's Change

0.295 - 0.30

Trading Volume

118,000


9 people like this.

5,723 comment(s). Last comment by thesigncom 3 weeks ago

wahd

76 posts

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

Who have AGM Today ?

Nkk1370

277 posts

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

VFTRADER

787 posts

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

VFTRADER

787 posts

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

cumcumshot

438 posts

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....

VFTRADER

787 posts

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.....

Posted by humblechung > 2022-06-25 16:56 | Report Abuse

sell all vessels. do what business then ?

Nepo

3,280 posts

Posted by Nepo > 2022-07-01 08:02 | Report Abuse

sinking ships
no more hopes
cold eye useless

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

wahd

76 posts

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....

chesslim

890 posts

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.

Pek79

31 posts

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.

dompeilee

11,887 posts

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.

DickyMe

14,320 posts

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.

hng33

19,787 posts

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

bought maybulk at 42.5sen

hng33

19,787 posts

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.

alex

1,346 posts

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

wah.. special dividend 21%

hng33

19,787 posts

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

:D)

thesteward

6,746 posts

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

Comgrats

Diamond7

2,193 posts

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

Vow!
10 cents dividend
Ex date December 21st!

Excellent!!!!

dompeilee

11,887 posts

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

Amazonboy

767 posts

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

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

Michael Kwok

6,054 posts

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

Amazonboy

767 posts

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

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

dompeilee

11,887 posts

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

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

hng33

19,787 posts

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

sold all at 49sen

hng33

19,787 posts

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

dompeilee

11,887 posts

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.

tehka

1,928 posts

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!

tehka

1,928 posts

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

good close!

dompeilee

11,887 posts

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)!

dompeilee

11,887 posts

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....

Amazonboy

767 posts

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

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

Pek79

31 posts

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.

dompeilee

11,887 posts

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!

nasgee

732 posts

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

soon LU fasterr get readyy vrommm

dompeilee

11,887 posts

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 =)

nasgee

732 posts

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

flyyyy vroommmm get sett goooo dnt wryyy

Amazonboy

767 posts

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

Tomorrow open @38...be happy

dompeilee

11,887 posts

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.

dompeilee

11,887 posts

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

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

Pek79

31 posts

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.

dompeilee

11,887 posts

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

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