Yes. Sell fast. They ask buy time to sell. Monday bloood sheed already when AGM will sated 0devidend to cover back these 6yrs loses. And will declare right issue to buy new ship ans impairment loss on the old ship. So many bad news coming.
Whatever parksonguy says doesn't make any difference because funds are collecting this stock. Q1 out by end of the month will show green profit and their Q2 is looking even better as we speak.
Maybulk signed contract with tnb bck in 2016..just curious the chartered rate was agreed back then or will be based on current rate.. Anyone has got info?
Knn maybulk directors only handle 7 ship still need meeting allowance. Ask then eat *shit. Vote no to their yearly allowance claim. Use zoom app to meeting and vote no to thier meeting allowance claim.
lol, if the company not good then just sell all the remaining share and go hunt for others. There are more than 1k stock in bursa, n got other country exchange as well. :)
Refer ar2019 pg95 Contract of affreigment with tnb fuel services.. So freight rate was fixed in 2016 at the low.. Don't think it has been refixed lately..
Last qr if not for impairment losses accounted for of 55 million, they would have shown over 6 million net profits. This coming qr no more impairments costs to bring the profits down. Some more bdi doubled in 1st half of 2021. So profit is going to be substantial. Soon to be announced in 2 weeks.
Initial surge -> Bear trap -> Choivo recommends writes long article on his expert DD -> Second pump -> Everyone FOMOes -> Dump on QR -> Dump until you lose hope -> Flat for months until you lose hope -> You lost hope and cut your losses -> Stock hits ATH
The Baltic exchange’s main sea freight index rose on Monday, buoyed by an uptick in rates for all vessel segments.
The Baltic dry index .BADI , which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, rose by 57 points, or nearly 1.8%, to 3,240.
Every business lockdown in malaysia,except maybulk which can sail away 24 hour around the world.i dont know why people sell like no tomorrow! Monopoly business at the moment if you have vessel.!
MCO start tomorrow, Thurday & Friday Raya holiday there is not market, many ppl don't take position in long holiday. with Asia region sell off of technology. trigger the massive selling pressure.
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Parksonguy
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Posted by Parksonguy > 2021-05-09 08:45 | Report Abuse
Yes. Sell fast. They ask buy time to sell. Monday bloood sheed already when AGM will sated 0devidend to cover back these 6yrs loses. And will declare right issue to buy new ship ans impairment loss on the old ship. So many bad news coming.