Posted by chngmenghui > 2019-09-23 12:16 | Report Abuse

May go down further.be patient

Posted by hng33 > 2019-09-23 14:50 | Report Abuse

Baltic Dry increased 1000 index points or more than 100% since the beginning of April 2019.

Q2 (BDI average 924)
April 738
May 882
June 1152

Q3 (BDI average 1924)
July 1561
Aug 2083
Sept 2131 -

Remark: Please take note the BDI is USD denominated, higher charted rate + stronger USD translate into higher RM profit. As operating have relatively fixed cost, any surplus above cost all DIRECT into higher net profit

Posted by Nepo > 2019-09-23 16:22 | Report Abuse

Oh force selling.

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-09-23 16:27 | Report Abuse

Lai liaow lai liaow

0.650 come to pa pa

Posted by Shootup > 2019-09-23 18:29 | Report Abuse

bdi higher is temporarily due to ships under scrubber installation, now all back to operation, see bdi drop sharply back to normal. higher bdi offset by installation costs, slower china commodities demand, not even enough to turn into a valid PE, or based on quarter, PE >100, hard to forecast bdi, don't be shocked when maybulk back below 60sen

Posted by Shootup > 2019-09-23 18:33 | Report Abuse

hold up till next qr would still be safe, no big gain or loss, next yr result really so much depends on market

Posted by Nepo > 2019-09-23 21:20 | Report Abuse

Oh no, London bridge is falling down。。。

Posted by John Angel > 2019-09-23 21:43 | Report Abuse

big drop to 50sen

Posted by Hibiscus1688 > 2019-09-23 21:44 | Report Abuse

Please drop further, and drop fast fast ....... delicious muak muaks

Posted by Hibiscus1688 > 2019-09-23 22:09 | Report Abuse

Don’t buy first, wait below 60 cents, then accumulate

Posted by chngmenghui > 2019-09-24 07:56 | Report Abuse

BDI2108. Drop again

Posted by Tkeng > 2019-09-24 09:17 | Report Abuse

Still above 2K. No worries.

Posted by Titan > 2019-09-24 13:01 | Report Abuse

with this rate....very fast drop below 2k oh......scary leh....

Posted by Hibiscus1688 > 2019-09-24 13:16 | Report Abuse

Wait below 60 cents

Posted by ming > 2019-09-24 13:32 | Report Abuse

No la.. 60 cents too ugly.. stay around this range 67-68 for some days first..

Posted by Hibiscus1688 > 2019-09-24 16:05 | Report Abuse

Ha ha ha ha .... Rushing into the sky

Posted by Nepo > 2019-09-24 17:23 | Report Abuse

Not bad today

Posted by PresidentRotiCanai > 2019-09-24 17:39 | Report Abuse

Bullish engulfing and close at highest price. Should be good for Mr Bulk!!!!!

Posted by Nepo > 2019-09-24 18:09 | Report Abuse

These few days correction have eliminated most of the unstable shorties. I think it is good for Maubulk in the long run

Posted by Nepo > 2019-09-25 06:30 | Report Abuse

Shipping companies can pass the surge in oil price to their clients. If the oil price is too high, they can add in 'bunker fee' in the shipping bills. So higher oil price actually has small influence to the shipping companies

Posted by freddiehero > 2019-09-25 07:30 | Report Abuse

wah lau eh.. so early wan fly liao ka?

Posted by Nepo > 2019-09-25 09:18 | Report Abuse

BDI=2116 on 24 Sept 2019

BDI 2000 is an important supporting point.

Posted by Hibiscus1688 > 2019-09-25 10:28 | Report Abuse

60 cents soon

Posted by Hibiscus1688 > 2019-09-25 10:29 | Report Abuse

Don’t buy first

Posted by hng33 > 2019-09-25 10:51 | Report Abuse

Add more maybulk at 66.5sen

Posted by pinghai5395 > 2019-09-25 11:12 | Report Abuse

will go down more.....

Posted by Titan > 2019-09-25 11:53 | Report Abuse

BDI rebound with less than 0.5%. Looks like the diarrhoea has stopped for BDI but the technical outlook for maybulk like not good ohh....buying momentum bcome weaker. Wait longer and see le......

Posted by Titan > 2019-09-25 15:54 | Report Abuse

Waiting for 66c or below before going in for 2nd time....

Posted by Tkeng > 2019-09-25 16:19 | Report Abuse

Que to enter 0.655.

Posted by chngmenghui > 2019-09-25 18:50 | Report Abuse

Wait----

Posted by Hibiscus1688 > 2019-09-25 22:09 | Report Abuse

The power of the dreams will come true 60cents........

Posted by Will76 > 2019-09-25 23:13 | Report Abuse

Breaking News from CNBC

"Oil prices fell for a second day on worries that fuel demand could fall after U.S. President Donald Trump doused recent optimism over China-U.S. trade talks, at a time of rising U.S. crude oil stockpiles."

"Brent crude futures were down $1.72 to $61.38 a barrel on Wednesday, erasing all gains made after an attack on Saudi oil facilities sent the benchmark up around 20% last week."

"U.S. West Texas Intermediate crude dropped to $55.71 a barrel, down $1.58."

Posted by ming > 2019-09-26 00:15 | Report Abuse

Chart look okie jor... but bdi still dropping..

Posted by Hibiscus1688 > 2019-09-26 07:41 | Report Abuse

Don’t buy first, below 60 cents very soon!

Posted by Titan > 2019-09-26 08:14 | Report Abuse

China has agree to buy soya bean from US in part of the trade war deal.....meaning buy less or no more buy from brazil??? Will maybulk affected???...ho ho ho.......the truth shall reveal.

Posted by calvintaneng > 2019-09-26 08:26 | Report Abuse

OK guys

Bdi index has dropped to 2051 now

Calvin thinks better not chase maybulk now.

Watch and see first and reduce further exposure

Nov 2019 results should still be ok as there is only 6 more days left for Sept month of 2019

There are 3 stocks I think will be well supported

1. Scomies 7045. This one has a contract with Kuwait oil Corp for the supply of drilling fluid for rm610 millions. Ceo has bought 1.8 million scomies at 10.5 sen. Now scomies has retraced to 10.5 sen. If you don't have can buy some now

2. Opcom. This is the top stock for THE DIGITAL ECONOMY. Govt 12 MP thrust is for nationwide fiberisation. Opcom is the biggest listed company for fiber optics in Malaysia

3. Netx. Totally oversold and bombed out at 1 sen now. This price is low and Insiders expecting better times ahead have bought big chunks lately

Regards
Calvin

Posted by Titan > 2019-09-26 12:39 | Report Abuse

LOL....now only sound the alarm bell ah?.....looks like sinking oh......can choose to cutwin now or cutloss later......lets say it is above 2K till end of this month....next quarter leh???

Posted by Hibiscus1688 > 2019-09-26 13:07 | Report Abuse

Run away first don’t be late....anytime below 60cents....

Posted by Shootup > 2019-09-26 18:11 | Report Abuse

if u don't trade actively, jus hold, next qr good, the share price depends on current bdi and how people foresee bulker service

actually people would have expected good qr as of now, but share price may drop, let's say if next qr reporting eps 2sen also no use in case the bdi ard 1500 and foreseeing slowing demands, 65-70sen then u still wont loose money

Posted by alex89 > 2019-09-27 04:15 | Report Abuse

denial mode on... cut win and collect back when back to 60 cents below...

Posted by PresidentRotiCanai > 2019-09-27 07:35 | Report Abuse

BDI up, maybulk also will up!!!

Posted by chngmenghui > 2019-09-27 07:59 | Report Abuse

BDI 2053

Posted by keanlew > 2019-09-27 09:11 | Report Abuse

below 2000 already....1963

Posted by Titan > 2019-09-27 09:16 | Report Abuse

where got 1963 oh......share the link pls.......

Posted by Titan > 2019-09-27 09:17 | Report Abuse

dun simply create panic oh....

Posted by keanlew > 2019-09-27 09:20 | Report Abuse

https://tradingeconomics.com/commodity/baltic

Posted by Titan > 2019-09-27 09:27 | Report Abuse

Thanks Kean.......and oh yeah!!!.......broken 2000. Like that i no go in 2nd round le. I thought of Q`ing at 0.65. Like that better wait and see 1st....hehhe

Posted by keanlew > 2019-09-27 09:28 | Report Abuse

some time other website will slow,need to monitor two to three site

Posted by Titan > 2019-09-27 10:57 | Report Abuse

like tat will reach 0.62 very soon le

Posted by Titan > 2019-09-27 11:45 | Report Abuse

looking at the BDI chart, quite scary also. It hit all time high at the beginning of sept which is 2500 and before end of sept, already broken 2000. Dropped more than 20 % in one month.....bdi very volatile and scary le......see can it break 60c o not.....hehe,...