Posted by KML889 > 2021-07-28 14:35 | Report Abuse

Hopeless bursa market. Oil dead, steel dead, gloves dead, banking dead, plantations dead. Tech too hyped and left MBC.

Posted by wallstreetrookie > 2021-07-28 15:19 | Report Abuse

You mean Maybulk as the perfect shorting opportunity?

Posted by wallstreetrookie > 2021-07-28 15:19 | Report Abuse

It is a shame that only intraday short selling is available

Posted by sharonchong > 2021-07-28 16:26 | Report Abuse

@Activestream.. I'm still collecting, slowly..

Posted by sharonchong > 2021-07-28 16:39 | Report Abuse

Great news is coming, soon...

Posted by Bgt 9963 > 2021-07-28 17:20 |

Post removed.Why?

Posted by KML889 > 2021-07-28 20:23 | Report Abuse

Luck's good

Posted by KML889 > 2021-07-28 20:29 | Report Abuse

Xpe, MBC asset classes freight rates still >30k usd. Luck masih good if not better. Haha

Posted by Investing_Bursa > 2021-07-29 15:36 | Report Abuse

Good chance to top up again !

Posted by Investing_Bursa > 2021-07-29 15:36 | Report Abuse

Buy below 70, sell above 70

Posted by pingdan > 2021-07-29 16:34 | Report Abuse

Hello wallstreetrookie dun dare bet? Coward? Dun talk here if u coward..

Posted by pingdan > 2021-07-29 16:34 | Report Abuse

Meet up and bet with me or shut up

Posted by hng33 > 2021-07-29 17:03 | Report Abuse

Maybulk share price now trade at unreasonable depress valuation in view of surge in charter rate, USD profit, unaffected International seaborne operation.

Posted by Bgt 9963 > 2021-07-29 17:35 |

Post removed.Why?

Posted by KML889 > 2021-07-30 08:46 | Report Abuse

Very xiong d but will choose to add more into chest. Good luck 9963. Hope the Mr Market does not know more than us

Posted by Bgt 9963 > 2021-07-30 08:52 |

Post removed.Why?

Posted by Anonymous69 > 2021-07-30 10:38 | Report Abuse

pacific basin share price rose from 2.90 to 3.40 per share. Meanwhile Maybulk only dropped from 70+ sen to 66 sen hmm

Posted by wallstreetrookie > 2021-07-30 11:54 | Report Abuse

Price target: RM0.40 Underweight on Maybulk (5077)

Posted by wallstreetrookie > 2021-07-30 11:59 | Report Abuse

Slow growth in grain trade and gradual QoQ increase in asset impairment expected to exert further downward pressure on upcoming earnings for Malaysia Bulk Carriers Berhad despite optimism and gains in Baltic Exchange Dry Index. The worst is not yet over.

Posted by wallstreetrookie > 2021-07-30 12:07 | Report Abuse

Freight rates are irrelevant because the poor cash flow will force the company to liquidate more assets and sell the remaining vessels in their fleets. All the above is public information after cross-examining most analyst reports and risk assessment from annual reports. Unless you have insider information that the company has further plans, there is no bull case or catalyst.

Posted by pingdan > 2021-07-30 12:41 | Report Abuse

coward wallstreetrookie. talk so many point also useless.. come and meet up.. i sold my share now and u pay back all my share on end of the year.. talk is cheap.. no dare short then no dare short :p

Posted by pingdan > 2021-07-30 12:43 | Report Abuse

BDI remain at 3000.. freight rate so high.. will have big profit coming.. if big profit come, all the cash flow problem solve.. so simple theory also cannot understand?

Posted by pingdan > 2021-07-30 12:44 | Report Abuse

Great example is all the small glove manufacturer. Before this pandemic all having cash flow problem, now all become cash rich company. This apply to maybulk as well.. aiyoyo wallstreetrookie why u so noob?

Posted by pingdan > 2021-07-30 12:51 | Report Abuse

Wallstreetrookie: Dun hide behind and become keyboard warrior. Be a man and bet with me outside

Posted by Lawman > 2021-07-30 14:20 | Report Abuse

Everyone is waiting for Q2 results to analyze. Expected coming out the week before Merdeka ~26th August. If BDI maintains as it is until then or increases then Q3 results would be obvious.

Posted by Bgt 9963 > 2021-07-30 16:19 |

Post removed.Why?

Posted by KML889 > 2021-07-30 21:18 | Report Abuse

3292+78

Posted by Bgt 9963 > 2021-07-31 09:07 |

Post removed.Why?

Posted by KML889 > 2021-08-03 15:26 | Report Abuse

Hmm...
Exactly after 1 month.... Haha

Posted by sapurakencana > 2021-08-03 16:05 | Report Abuse

Lawman,Q2 result is expected,now can start estimate Q3 result. If BDI still maintain 3000 by end of August, PBT 25mil can be expect.

Posted by Lawman > 2021-08-03 23:28 | Report Abuse

Hopefully RM25million is on the low side. There is still slightly higher USD that can push profit higher. Also, there is the one off gain from vessel disposal to be reported. Sadly, analyst don’t don’t cover this counter.

Posted by pingdan > 2021-08-03 23:43 | Report Abuse

I believe the vessel disposed already record as asset held for sales. Hence wont be anymore gain from disposal for the vessel

Posted by sapurakencana > 2021-08-04 13:40 | Report Abuse

Lawman,why Sadly, analyst don’t don’t cover this counter. Why you buy this counter when you are no confident on your decision making?

Posted by pingdan > 2021-08-04 14:08 | Report Abuse

According to Pacific Basin latest quarter report on 29 Jul, handysize spot rate at 27 Jul is USD26,720 and supramax spot rate at USD30,230

Posted by pingdan > 2021-08-04 14:09 | Report Abuse

Pacific Basin have reached best 1H result in 13years

Posted by pingdan > 2021-08-04 14:13 | Report Abuse

Average time charter equivalent for handysize for jun is USD19,960 for june while for 91percent of july is 22k. For supramax, average time charter equivalent for supramax for jun is USD26,410 while for 91percent of july is USD33,190

Posted by pingdan > 2021-08-04 14:16 | Report Abuse

Pacific basin expect supply of dry bulk grow will only add less than 2percent for 2022

Posted by pingdan > 2021-08-04 14:17 | Report Abuse

For more information, refer to https://www.pacificbasin.com/upload/en/ir/financial_disclosure/presentations/result/2021%20Interim%20Results.pdf

Posted by pingdan > 2021-08-04 14:18 | Report Abuse

Please inform us here if u see any useful info from the quarter report of pacific basin

Posted by fregend > 2021-08-04 15:06 | Report Abuse

wake up lor

Posted by Lawman > 2021-08-04 21:30 | Report Abuse

Sapurakencana, analyst use to cover MBC regularly 10 years back but ever since the shipping industry had a downturn, started to consolidate and experience year after year of losses it dropped out of the analyst radars. I am confident MBC will do well this year (it would be unrealistic to think otherwise) and I have held my position since Feb 21 till now with entry price of 49 cents.

Posted by Lawman > 2021-08-04 21:33 | Report Abuse

Pingdan, yup I do recall the company has a valuation of ~RM50+ million attached to that vessel to be sold. What I meant was once they confirm it has been sold, then it will be a positive for the company as the cash position from the sale and quarterly profits will put MBC in a much better financial position and hopefully it gets reflected by means of a higher share price.

Posted by sapurakencana > 2021-08-05 17:43 | Report Abuse

Lawman, i prefer Maybulk more aggresive to position themself in asia region even at 4 wave of covid pandemic,since we can forsee even enviroment become worst,but charter rate still remain high,we need to find out reason other than conggetion at port, lockdown of serrounding country,what is the actual reason it can maintain high since Sept2020 until now even comodity price already drop at least 20%

Posted by sharonchong > 2021-08-05 20:44 | Report Abuse

After one month consolidation, are you ready for the next new high? (2021 TP 1.2-1.5)

BDI 3,318 -> 3,376 (+58, +1.7%)
BCI 4,302 -> 4,414 (+112, +2.6%)
BPI 3,358 -> 3,418 (+60, +1.8%)
BSI 2,983 -> 2,996 (+13, +0.4%)
BHSI 1,763 -> 1,766 (+3, +0.2%)

Recorded @ 5/8/21 Thursday

Posted by mokluhanj21 > 2021-08-05 21:48 | Report Abuse

YASSS BABY YAZZZZZ! :p

China-U.S. container shipping rates sail past $20,000 to record

SINGAPORE/BEIJING Aug 5 (Reuters) - Container shipping rates from China to the United States have scaled fresh highs above $20,000 per 40-foot box as rising retailer orders ahead of the peak U.S. shopping season add strain to global supply chains.

The acceleration in Delta-variant COVID-19 outbreaks in several counties has slowed global container turnaround rates.

"These factors have turned global container shipping into a highly disrupted, under-supplied seller’s market, in which shipping companies can charge four to ten times the normal price to move cargoes," Philip Damas, Managing Director at maritime consultancy firm Drewry, said.

SOURCE: https://www.reuters.com/business/china-us-container-shipping-rates-sail-past-20000-record-2021-08-05/

Posted by Lawman > 2021-08-05 22:22 | Report Abuse

Sapura, the reasons you are looking for has already been shared and discussed here months ago and still stands until today....

Sharon, woohoo keep the good news coming!!!

Posted by sharonchong > 2021-08-06 11:28 | Report Abuse

This round 0.80-0.90 shouldn't be any problem for short term TP.

Posted by sharonchong > 2021-08-06 11:49 | Report Abuse

I expect Maybulk to move up 3-7% today, just to keep up with the global pace for dry bulk shipping companies around the world (5/8-6/8). Hope it won't lag behind again la..

Posted by Reichwerden > 2021-08-07 11:02 | Report Abuse

https://www.sinchew.com.my/content/content_2525175.html

Posted by pingdan > 2021-08-09 09:21 | Report Abuse

Star Bulk Carrier Corp announce quarterly report for Q2 FY21 revenue jump from USD146mil to RM311mil from Q2 FY2020. Profit improve from loss RM 44mil to profit RM128mil. This company owned 128 dry bulks vessel