One single year performance better than 10 accumulate years before this! Reported the article above.
Maybulk still not too much movement compared to some of the Taiwan dry bulk companies that had moved more than 1000%... Is this a great chance for Malaysian investors..? Another glove story in making?
The edge weekly also reported on the title “dry bulk and container freight rates set to stay elevated this year, say industry players”. Hope this will attract more fund come into Maybulk
Frankly, MBC hasn't actually moved that much since April when BDI was at 2800 points and she was 69 cents a piece. In short, plenty of catching up to do my dear MBC
Happy day for shark.. 27k lot transacted at 0.69 while other pricr only a few thousand transacted. Obviously this have scared of alot of retailer sold off at 0.69
bulk commodity is totally unaffected by total lockdown. Fleet utilization 98% + skyrocket charter rate in Q2 > USD 2500/day (100% increase compared to Q1 USD 1200/day) = windfall profit for Maybulk
BDI still at high point 3300 but share price have been discounted 12.65percent (from 0.79), shouldnt we as a investor happy? I guess alot of people kena cuci liao..
Just think carefully, while businesses and factories closed in many sectors in Malaysia, dry bulk ships are sailing freely on the oceans, and they are paid 5-6 times higher charter rate to do so with all the ships fully operate.. somemore the advance bookings are taken for months.. this will be a turnaround story for Maybulk, and the best financial year after such a long time (>10 years) so when people panic sell, what should we do? For me, I'm still holding and will add more if drops further..
In fact, we are quite lucky because not everyone sees this.. But sooner or later I believe funds will pour into Maybulk.. That's why it's the best time to position ourselves at the lows or during retreats..
@hng33.. exactly, Maybulk is the best defensive counter to buy and hold during this chaotic time in Malaysia.. Great opportunity to buy at offer price..
Total lock down or politic have nil impact on maybulk which is in seaborn international dry bulk business, earning 2x high charter rate, near full hire day with 98% vessel utilisation rate and earn strong USD currency.
My target to earn 100%-150% won't change even though people selling down because I know all these are temporary.. I won't let go my share.. I know many have already sold.. but it's ok.. I know what I'm doing
Those steel investor can use maybulk as alternative proxy for iron steel exposure. All local steel stock affected by MCO, whereas maybulk continue perform, capitalise on strong demand for iron steel price in China
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3157 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Bgt 9963
7,445 posts
Posted by Bgt 9963 > 2021-07-10 08:49 |
Post removed.Why?