Posted by princehero > 2021-08-20 11:21 | Report Abuse

That’s y I said sell on Monday…

Posted by KML889 > 2021-08-20 11:35 | Report Abuse

Ada mei, when

Posted by KML889 > 2021-08-20 11:38 | Report Abuse

Simply holding and bleeding profusely with this ship

Posted by KML889 > 2021-08-20 11:39 | Report Abuse

Not yet proven whether a broken ship or Ship shaped and Bristol fashioned

Posted by princehero > 2021-08-20 11:42 | Report Abuse

Kml889 scroll back upwards to read

Posted by KML889 > 2021-08-20 11:45 | Report Abuse

oic. Betul betul but not yet crosses my Red Line

Posted by KML889 > 2021-08-20 13:13 | Report Abuse

Rupa rupanya that rookie is holding Freight no wonder always bad mouthing MBC. Ironically, nothing to brag about MBC as well. Like bro missai said kena covid ady, lame and lumpuh

Posted by Trader9 > 2021-08-20 15:15 | Report Abuse

Investor's opinion on Maybulk: https://www.youtube.com/watch?v=62QVWXUTil0

Posted by Bgt 9963 > 2021-08-20 16:42 |

Post removed.Why?

Posted by Dr. Brew > 2021-08-20 20:45 | Report Abuse

Always buy on dip if you have done your study properly

Posted by sharonchong > 2021-08-20 20:46 | Report Abuse

BDI breaks 4000 points for the first time in 11 years!

BDI 3,976 -> 4,092 (+116, +2.9%)
BCI 5,711 -> 5,997 (+286, +5.0%)
BPI 3,754 -> 3,785 (+31, +0.8%)
BSI 3,237 -> 3,276 (+39, +1.2%)
BHSI 1,871 -> 1,878  (+7, +0.4%)

20/8/21

Posted by Dr. Brew > 2021-08-20 21:09 | Report Abuse

Just make sure you have a proper exit strategy and plan your risk management accordingly.

Posted by KML889 > 2021-08-20 23:35 | Report Abuse

That commentator in the video sucks. Couldn't even get freight pronounced correctly. Hello, what TEU for bulk carrier, that's for box container shipping jargon la bro.

Posted by KML889 > 2021-08-20 23:40 | Report Abuse

TCE and FFA about $$$ whereas APS and DOP nego on charter terms for ship delivery to port

Posted by pingdan > 2021-08-21 00:53 | Report Abuse

Most funny thing is current price is lower than the price when BDI at 3000

Posted by logicalpatiencewins > 2021-08-21 01:51 | Report Abuse

Agree with pingdan haha when 3000 it was 70-80sens ish

Posted by Bgt 9963 > 2021-08-21 09:19 |

Post removed.Why?

Posted by wallstreetrookie > 2021-08-21 09:23 | Report Abuse

Malaysia Bulk Carrier missed out on the biggest container shipping/freight rate bull run. Period. They cannot even generate cash consistently, the keyword is consistency.

Posted by sharonchong > 2021-08-21 09:34 | Report Abuse

@pingdan.. exactly, it reached 0.8+ when BDI was at 3000, that's why I said Maybulk by right should be at 0.80-0.90 now as BDI already up to 4000.. thanks to Malaysia politics we still can add at 0.67..

Posted by KML889 > 2021-08-21 10:14 | Report Abuse

No amount pep talks can reverse the bad judgment by MBC LT. Wake up and see for your self the selling pressure post QR announcement.

Posted by azera > 2021-08-22 21:16 | Report Abuse

Price no by right, market is not follow by right

Posted by pingdan > 2021-08-23 10:34 | Report Abuse

wallstreetrookie I don't care. I am short Maybulk. See who wins in the end
16/07/2021 12:15 AM

Still, dont dare come out bet with me.. only hide behind become a keyboard warrior. Hahahaha. Still, say see who will win? No action talk only ah?

wallstreetrookie Perhaps don't put too much money in Maybulk. Price target: RM0.08
18/07/2021 11:05 AM

I laugh loud at this. this year Q1+Q2+Q3 (pure profit) will be near to 8sen. TP RM0.08? u sell to me ah? oklo i buy from u RM0.16.. u still can earn 50% right? come out sell to me at RM0.16 :)

Posted by pingdan > 2021-08-23 10:34 | Report Abuse

wallstreetrookie Why should I talk about impairment losses and financials? Those are public information. Easy to Google. I prefer macro trends and market sentiment. There are plenty of turnaround opportunities and this company is not one of them
18/07/2021 11:06 AM

wallstreetrookie 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.
30/07/2021 11:59 AM

Hello where is the impairment u talking about? Where is it? BDI 4000 and got impairment? Hello? U got brain or not?

Posted by pingdan > 2021-08-23 10:50 | Report Abuse

20/8/2021

Source: Hudson Shipping (Average Time Charter Rate)
Panamax USD 34,067
Supramax USD 36,039
Handysize USD 33,799

Source: Tradingeconomics
BDI 3,976 -> 4,092 (+116, +2.9%)
BCI 5,711 -> 5,997 (+286, +5.0%)
BPI 3,754 -> 3,785 (+31, +0.8%)
BSI 3,237 -> 3,276 (+39, +1.2%)
BHSI 1,871 -> 1,878 (+7, +0.4%)

Source: Quarter report on 30 Jun 2021
Average Time Charter Rate: USD14,946 (Jan to Jun 2021)

Average Time Charter Rate: USD12,860 (Jan to Mar 2021)
Average Time Charter Rate: USD17,000 (Apr to Jun 2021)

Posted by wallstreetrookie > 2021-08-23 10:53 | Report Abuse

@pingdan You keep using BDI as a supporting evidence but how can this company capitalise on the bull run? They can't because they're stuck in the endless struggle to "turnaround". Container companies and other well-diversified bulk carriers have reported historical gains not from disposal of assets since Q4 2020.

Posted by wallstreetrookie > 2021-08-23 10:54 | Report Abuse

Why are you bringing up my old price target? I don't want to disappoint you but in my opinion, this company will fold unless some miracle happens or some activist investors swoop in to fully change the company internally.

Posted by pingdan > 2021-08-23 11:17 | Report Abuse

wallstreetrookie: Why bring up ur old TP? To show how bodoh your comment... Your TP totally not relevant.. So where is the impairment you talk about? Where is the loss making you talking about? Hello? All gain for Q1 and Q2 is all come from disposal of assets? Yes parts of that come from disposal of assets. But most part come from pure profit.

Why i keep talking about BDI? Alamak you dont understand how the company revenue calculate? How u know the revenue and profit in coming quarter? I really doubt you really do any homework on this company. That's why you coming out with the TP RM0.08?

Posted by pingdan > 2021-08-23 11:23 | Report Abuse

This wallstreetrookie typically 鸡蛋里挑骨头

Posted by sharonchong > 2021-08-23 11:48 | Report Abuse

Maybulk discounted... Some dry bulk companies overseas limit up today..

Posted by pingdan > 2021-08-23 11:54 | Report Abuse

Which one limit one? Mind to share sharon

Posted by sharonchong > 2021-08-23 12:05 | Report Abuse

@pingdan.. try checks the Taiwan's..

Posted by pingdan > 2021-08-23 12:10 | Report Abuse

Wah i saw so many marine company (not necessary dry bulk) limit up or near to limit up..

Posted by sharonchong > 2021-08-23 12:33 | Report Abuse

@pingdan.. ya, in Taiwan some went up 10x-30x before the sharp correction.. but in Malaysia Maybulk different scenario because Maybulk didn't move too much from the bottom..

Posted by ToTheMoon99 > 2021-08-23 14:26 | Report Abuse

pacifc basin is the closest competitor to maybulk, up almost 143% YTD. Maybulk on the other hand, only 29%. Look at the gap man

Posted by KML889 > 2021-08-23 14:56 | Report Abuse

Giant and Dwarf comparison. PB owns and operates Triple digit assets as to Teen number of fleets by MBC. No even close.

Posted by pingdan > 2021-08-23 16:12 | Report Abuse

Maybulk market value RM675mil (USD159mil) - Vessel number: 7
Pacific Basin market value USD17.47B - Vessel number: 250

1 share Pacific Basin = 109.87 shares Maybulk
Vessel ratio = 35.71:1 vessel

Posted by KML889 > 2021-08-23 16:47 | Report Abuse

Yeah exactly. Don't always compare MBC with someone that is far more superior and economies of scale.

Posted by ToTheMoon99 > 2021-08-23 19:34 | Report Abuse

@KML889 then can you explain to me how did Rubberex, Comfort, Careplus, Adventa, heck even Mahsing went up so high in share price value back in May,June?

They are not superior and their economies of scale is not as great as the big 4 and other larger size glove companies.

Posted by sharonchong > 2021-08-23 20:41 | Report Abuse

BDI breaks record again.. What a big sales.. No worries guys, as long as you have holding power, sooner or later you will see Maybulk fly..

BDI 4,092 -> 4,147 (+55, +1.3%)
BCI 5,997 -> 6,114 (+117, +2.0%)
BPI 3,785 -> 3,809 (+24, +0.6%)
BSI 3,276 -> 3,303 (+27, +0.8%)
BHSI 1,878 -> 1,881 (+3, +0.2%)

23/8/21

Posted by KML889 > 2021-08-23 21:15 | Report Abuse

Hello Mr Moon99, 1st of all ships and any other carriers are bulky tangible assets by numbers. If you own 1 ship means 1 and you simply cannot rev up your production machines to produce 2 vessels overnight. Right. Unlike the gloves segments which they could simply adjust production needs based on economics scheduling to meet super normal demands during this pandemics. Try and ask MBC to give you 250 ships tomorrow if you can with Time charter or Bareboat charter to build economic moat

Posted by ToTheMoon99 > 2021-08-24 00:11 | Report Abuse

Thanks for explaining the economic moat about the bulk carrier industry. And I think you yourself already said it -- Supernormal demands. That's what I'm trying to highlight. It's not about how fast the company is aggressively expanding its production (and I do understand the shipping industry is cyclical, so no point expanding so quickly), but it's about the one-time supernormal profits that they will be generating in the next 1-2 years. Unfortunately, there's no follow-through interest in this counter, but I hope that there will be, once MBC can show even impressive earnings in the next few quarters. Just like how no one cared about FPI back then.

Posted by KML889 > 2021-08-24 08:50 | Report Abuse

Well said and after all we do hope if at all the spill over effect of High Tide will Lift All Ships especially small player like MBC

Posted by sharonchong > 2021-08-24 08:58 | Report Abuse

Maintain short term target 0.90...

Posted by sharonchong > 2021-08-24 09:25 | Report Abuse

When a thing that worths 0.90 but sold at 0.60-0.70 we know what to do la..

Posted by KML889 > 2021-08-24 09:37 | Report Abuse

It's Make or Break scenario. Imagine if this super normal events can't lift MBC ships (price), i really don't know what will. Echoing 9963 catchphrase, Good Luck !!!

Posted by sharonchong > 2021-08-24 09:52 | Report Abuse

I'm not sure about you guys la, but the potential 100M+ net profit for the coming two quarters (of course with one offs) sounds good to me.. especially when Maybulk share price didn't really move compared to overseas dry bulk companies that went up more than 1000%.. anyway it's your choice..

Posted by KML889 > 2021-08-24 11:12 | Report Abuse

The relentless dumping must be from the BPMB remaining 5%. Seriously....watch also zien

Posted by pingdan > 2021-08-24 13:11 | Report Abuse

I see how much he can block.. now the other index share is back. If the bull continue, next will be mid cap like maybulk start to move. Hence everytime this fellow shark push down the share price, i will topup this share. As BDI getting higher day by day, the risk to invest this share getting lower

Posted by sharonchong > 2021-08-24 15:01 | Report Abuse

Totally agree..

Short-term tp 0.90-1.00
Medium-term tp 1.50-1.80

Accumulate when you still have chance.

Posted by sharonchong > 2021-08-24 20:12 | Report Abuse

Break new high again!

BDI 4,147 -> 4,201 (+54, +1.3%)
BCI 6,114 -> 6,206 (+92, +1.5%)
BPI 3,809 -> 3,846 (+37, +1.0%)
BSI 3,303 -> 3,343 (+40, +1.2%)
BHSI 1,881 -> 1,888 (+7, +0.4%)

Are you ready to fly with me?