Posted by chief999 > 2021-07-06 10:55 | Report Abuse

oh man... i feel sharon watching with Horror... she must be asking, why why, why go up so fast now... pls slow down.... if not later will get sell down fast too.... lol

Posted by chief999 > 2021-07-06 11:13 | Report Abuse

possible... depending on one taste :)... from the engagement last time, i feel that's her taste :)

Posted by Activestream > 2021-07-06 11:14 | Report Abuse

chief999 oh man... i feel sharon watching with Horror... she must be asking, why why, why go up so fast now... pls slow down.... if not later will get sell down fast too.... lol

I don't care how fast it goes up main point is we make money when it hits our tp . cheers !!!

Posted by chief999 > 2021-07-06 11:14 | Report Abuse

engagement - from the words exchange in i3 lar...

Posted by sharonchong > 2021-07-06 11:51 | Report Abuse

Haha.. you all are really funny you know.. : )

Posted by chief999 > 2021-07-06 11:53 | Report Abuse

pardon us, this mco / fmco / whatever mco, made us all pusing pusing already... brain need to be creative at times....

Posted by Activestream > 2021-07-07 10:15 | Report Abuse

bdi is down again last night, have to be careful liao bdi chart is not looking good might be trending downwards back, will this affect maybulk will have to monitor closely already !!!

Posted by chief999 > 2021-07-07 10:33 | Report Abuse

aiyo, worry here and there... better sell first lo... can sleep well oso with cash in hand....

this kind of market, Sharon likes best....

Posted by sharonchong > 2021-07-07 11:22 | Report Abuse

Hi my friends, for me as long as the figures below maintain at the high range, Maybulk profit will be bullish until end of 2021.

Baltic Panamax Index maintain 3000-3500
Baltic Supramax Index maintain 2000-2500
Baltic Handysize Index maintain 1000-1500

Of coz if they can go higher will be even better.

Posted by sharonchong > 2021-07-07 11:30 | Report Abuse

And as you know, I rather the price to move slow and steady so that we won't attract too many traders but more investors who will be supporting the price by buying and holding for medium-long term.

Posted by sharonchong > 2021-07-07 11:32 | Report Abuse

I hope by having more value investors here we would achieve 1.20-1.50 target price in 3-6 months time.

Posted by Activestream > 2021-07-07 12:06 | Report Abuse

sharonchong I hope by having more value investors here we would achieve 1.20-1.50 target price in 3-6 months time.

haha with this kind of market sentiment and political instability better not to hold to long if see macd trendline broke down run first save the cash and buy back later protect your profits, that long term thinking don't really works nowadays with this retailers market !!!! if najib aka bossku time can lah this strategy as that time our index was the 1700 range very strong now the index is like shit so have watch it also !!!!

Posted by Activestream > 2021-07-07 12:13 | Report Abuse

my sifu's motto is trend is you friend if the trend breaks down run first no need to ask why , protect capital and profits if have can always buy back at a certain support price don't fall in love in the stock that's the key thing !!!

Posted by chief999 > 2021-07-07 12:17 | Report Abuse

With regards to these indexes, perhaps Sharon can update what is the latest for panamax, supramax and handysize index now? No idea at all...


Baltic Panamax Index maintain 3000-3500
Baltic Supramax Index maintain 2000-2500
Baltic Handysize Index maintain 1000-1500

Posted by mantua39 > 2021-07-07 12:45 | Report Abuse

https://tradingeconomics.com/commodity/baltic

Posted by pingdan > 2021-07-07 12:50 | Report Abuse

6 Juy 2021

Baltic Dry Index 3179

Baltic Capesize Index 3293
Baltic Panamax Index 4160
Baltic Supramax Index 2920

No idea on where to get Baltic Handysize Index

Posted by sharonchong > 2021-07-07 12:55 | Report Abuse

Baltic Handysize Index 1586

Posted by sharonchong > 2021-07-07 13:04 | Report Abuse

@Activestream in fact I got your point.. but perhaps I'm more comfortable with medium-long term style.. Ya I've tried some short term investments too since mco last year, return also ok (10-30%) but my few medium-long term counters had provided me with 100%-200% of return.. and I'm more at ease with them.. anyway, thanks for your advice my friend

Posted by Activestream > 2021-07-07 13:08 | Report Abuse

sharonchong @Activestream in fact I got your point.. but perhaps I'm more comfortable with medium-long term style.. Ya I've tried some short term investments too since mco last year, return also ok (10-30%) but my few medium-long term counters had provided me with 100%-200% of return.. and I'm more at ease with them.. anyway, thanks for your advice my friend

Np sharon just sharing my opinion only.

Posted by pingdan > 2021-07-07 13:42 | Report Abuse

This is the average charter rate I get from Hudson shipping. Not sure it is accurate or not. But u can refer to it. It will update every Monday, Wednesday, and Friday.

Panamax
www.hudsonshipping.com/?q=node/5370

Supramax
www.hudsonshipping.com/?q=node/63

Handymax
www.hudsonshipping.com/?q=node/5369

Currently, Panamax at above USD37.5k, Supramax at above USD32k, Handymax at above USD27.5k. Compare to last quarter's report, it will at USD12,860...

I dun want to comment too much. Let you all imagine yourself what is the profit for coming 2 quarters...

Posted by chief999 > 2021-07-07 14:19 | Report Abuse

ok thx pingdan... very useful info...

Posted by chief999 > 2021-07-07 14:20 | Report Abuse

panamax rate is parabolic...

Posted by pingdan > 2021-07-07 14:41 | Report Abuse

haha ya.. close to 40k... 200% increase compare to last quarter average.. close eye buy and win money @_@

Posted by sharonchong > 2021-07-07 14:46 | Report Abuse

When I look at counters from other sectors that have been badly hit by covid.. emco.. full lock down.., actually I'm quite grateful I managed to positioned my fund in Maybulk.. who knows how long only they can open back.. but as I put my fund here I feel quite secure.. and glad seeing capital gain increasing week by week..

Posted by pingdan > 2021-07-07 14:57 | Report Abuse

haha if dun has EMCO.. i think this stock will be further higher than now..

Posted by chief999 > 2021-07-07 15:19 | Report Abuse

Sharon and Pingdan, true also...
but looking at the numbers and the news... seems like Penang will be open soon... and the tech companies in penang already made a comeback... cant deny those are the growth too...

Posted by chief999 > 2021-07-07 15:28 | Report Abuse

i just checked, hk pacific basin today up a lot... about to break new high again...

Posted by Activestream > 2021-07-07 15:37 | Report Abuse

chief999 i just checked, hk pacific basin today up a lot... about to break new high again...
07/07/2021 3:28 PM

As long as maybulk don't fall below 75 cents as I mention many times we are fine , so can still stay put first.

Posted by sharonchong > 2021-07-07 16:29 | Report Abuse

Patience is virtue..

Posted by Jeffson87 > 2021-07-07 16:58 | Report Abuse

Anyone know the fair PE for Dry Bulk industry? Just asking, for FA purpose. Thanks

Posted by Anonymous69 > 2021-07-07 17:20 | Report Abuse

PE 9 (during their hay days 10-15x)

Posted by Anonymous69 > 2021-07-07 17:28 | Report Abuse

pacific basin is trading at a super premium PE, 77.05x (but of course they have way more ships than maybulk so that's understandable).

Posted by Jeffson87 > 2021-07-07 18:32 | Report Abuse

Thanks for the info. Are we Expecting Maybulk full year EPS of more than 6cent?

Posted by sharonchong > 2021-07-07 18:37 | Report Abuse

航運需求旺 慧洋看好H2運價
工商時報 邱莉玲 2021.07.06

慧洋表示，航運市場供不應求，看好下半年運價仍有向上空間。散裝船運示意圖。圖／慧洋提供

海運需求持續升溫，散裝船商慧洋-KY（2637）營運跟著水漲船高，自結6月稅前盈餘5.6億元，續創新高，每股稅前盈餘為0.75元；累計上半年稅前盈餘24.64億元，每股稅前盈餘為3.3元，較去年同期虧損，營運出現大幅好轉。

慧洋表示，航運市場供不應求，看好下半年運價仍有向上空間。

慧洋表示，從兩方面來觀察，一是今年各國經濟活動復甦，中、美兩國大力推動基礎建設，原物料運輸需求暢旺，加上防疫措施造成塞港的問題，使得船舶周轉率下滑，整體航運市場供不應求，慧洋主要船型日均運價來到逾3萬美元的高價，推升營收、獲利持續創高。

二是國際海事組織（IMO）6月中召開海洋環境保護委員會議，通過船舶效能指數（EEXI）、營運碳強度指標（CII）兩大法規細節，未符合標準的船舶將面臨強制降速，法規將於2023年開始實行，預期將加速老舊船舶汰換，拉長船舶周轉天數，市場供不應求將成為新常態。

慧洋6月營收15.05億元，營業利益6.5億元、營益率43％，創公司上市以來新高，自結稅前盈餘5.6億元，每股稅前盈餘為0.75元；累計上半年合併營收78.86億元，營業利益27.12億元、營益率34％，自結稅前盈餘24.64億元。

去年上半年稅前虧損4.2億元，每股稅前虧損0.62元，今年受惠散裝日租金大好，營運已大幅好轉。

慧洋上半年已處份七艘船舶，總計處分損失約250萬美元，貢獻營運現金流約900萬美元，並有六艘新船加入營運，旗下總計136艘船舶。

慧洋董事會6月再通過新船的採購案，預計以不高於1.02億美元（約新台幣28億元），向常石造船購置三艘高規格卡姆薩型散裝貨船（Kamsarmax/82,400 DWT），為符合EEDI第三期之環保節能船，將陸續在2023、2024年交船。

慧洋5日公告現金股利基準日相關事宜，除息交易日為7月19日，預計股利發放日為8月13日，每股配發現金股利約1.5元。

Posted by sharonchong > 2021-07-07 19:13 | Report Abuse

Above is a case study from a Taiwan listed dry bulk shipping company. Historic high profit. A turnaround story. They predict dry bulk charter rate to go up in the coming quarters.. they also predict strong demand until year 2023 or beyond.. which can be a "new normal" in dry bulk industry.

Posted by Activestream > 2021-07-07 20:39 | Report Abuse

sharonchong Above is a case study from a Taiwan listed dry bulk shipping company. Historic high profit. A turnaround story. They predict dry bulk charter rate to go up in the coming quarters.. they also predict strong demand until year 2023 or beyond.. which can be a "new normal" in dry bulk industry.

just monitor the chart price movement will know whether its good turnaround story !!!

Posted by chief999 > 2021-07-08 09:09 | Report Abuse

wah, activestream, the chart is screaming for you to sell ler... below 0.75 already....

Posted by chief999 > 2021-07-08 09:19 | Report Abuse

ok, lemme tell another observation... today within 10mins, about 2 mil volume... not bad, its very active... volume is slowly building up thanks to some panic sellers and the buyers aborbing them like nobody business.. usually maybulk will not really wakeup until 10 to 10.30am... its quite consistent.... it lets pacific basin of HK take lead for 1 hour first...then make its move.... if any moves were to come, 10 to 10.30am will show hand...

Posted by Activestream > 2021-07-08 09:23 | Report Abuse

chief999 wah, activestream, the chart is screaming for you to sell ler... below 0.75 already....

bdi exchange is rebounding from the chart so I hold first even though price fall earlier now its still trying steady ship the price, so

Posted by Activestream > 2021-07-08 09:23 | Report Abuse

So I Hold first

Posted by sharonchong > 2021-07-08 09:26 | Report Abuse

@activestream, Exactly! Look at how Maybulk rebounded from little panic selling this morning.. Try not to make a decision when you're panic..

Posted by Activestream > 2021-07-08 09:27 | Report Abuse

sharonchong @activestream, Exactly! Look at how Maybulk rebounded from little panic selling this morning.. Try not to make a decision when you're panic..

this one i see bdi exhange first before i make my decision, since it rebounded i hold
if it drops further then I will sell off first, in this case it did so I stay put !!!

Posted by chief999 > 2021-07-08 09:29 | Report Abuse

aiyo.. activestream... now u say see bdi... not see maybulk chart meh? haha... anyway, hold tight tight yah if u still have... never know 10am to 10.30am miracles will come....

Posted by chief999 > 2021-07-08 09:40 | Report Abuse

wah operator hard at work...

Posted by Activestream > 2021-07-08 09:41 | Report Abuse

chief999 aiyo.. activestream... now u say see bdi... not see maybulk chart meh? haha... anyway, hold tight tight yah if u still have... never know 10am to 10.30am miracles will come....

both lah the chart monitor and see not only 1 they are intelink mah , have to be flexible mah

Posted by chief999 > 2021-07-08 10:32 | Report Abuse

nothing can be done now... looks like politics take centre stage...

Posted by Jeffson87 > 2021-07-08 10:36 | Report Abuse

Q buy at multiple lower price... But keep strike... Ships still out at sea... Itu PN kencing also won't kena ships la.. Haha

Posted by sharonchong > 2021-07-08 10:37 | Report Abuse

If we think carefully, Maybulk business will be as usual regardless who become PM or which party governs the country.. So, I will just hold because I don't think it will be affected at all.. just my view la

Posted by pingdan > 2021-07-08 10:40 | Report Abuse

i waiting operator further press the price then i will topup.. for operator who see this post, please press further.. the more u press, the happier I am :p

Posted by chief999 > 2021-07-08 10:49 | Report Abuse

lol.... yah please press more :)... everybody waiting here