Posted by lloydlim > 2021-09-23 11:20 | Report Abuse

Beware of Windfall Tax guys

Posted by sharonchong > 2021-09-23 11:36 | Report Abuse

@IIoydlim.. if Maybulk is as big as those drybulk companies in Hong Kong, Taiwan, US and Europe which earn 1000%-2000% of their normal yearly earning then maybe.. (Maybulk should be 10.00 by now if that happens).. with current situation, I don't think will kena windfall tax la..

Posted by KML889 > 2021-09-23 12:56 | Report Abuse

Yangxi, tak berapa banyak la, just in between 100 millions to 150 millions per year saja.

Posted by z3fthology > 2021-09-23 16:16 | Report Abuse

the racist gomen making noise again, the bumiputera 51% ownership requirement will impact MBC or not?

Posted by sharonchong > 2021-09-23 23:15 | Report Abuse

The Baltic Exchange Dry Index rose 2% to 4,651 on Thursday, its highest since November of 2009 and extending gains to a fifth straight session, amid ongoing shipping constraints and an overall rebound in commodities demand. The capesize index, which tracks iron ore and coal cargos of 150,000-tonnes, advanced 3.3% to 7,438, also hitting its highest in 12 years; and the panamax index which tracks cargoes of about 60,000 to 70,000 tonnes of coal and grains, went up 0.8% to 3,994, its highest in more than ten weeks. Among smaller vessels, the supramax index, advanced for a sixth straight session, adding 11 points to 3,349, its highest in three weeks.

Posted by Investing_Bursa > 2021-09-24 09:14 | Report Abuse

Super bull

Posted by pingdan > 2021-09-24 10:42 | Report Abuse

Aiyoyo quarter haven't end.. BDI keep on make new high.. jialat lo next quarter punya result hahaha

Posted by KML889 > 2021-09-24 16:12 | Report Abuse

She needs 10k to budge.

Posted by JTleong > 2021-09-24 23:31 | Report Abuse

Well supported above 0.675. Heading up to breakout from triangle

Posted by tanhy123 > 2021-09-25 10:52 | Report Abuse

Maybulk only has 3 Panamax, 1 Supramax and 1 Handysize after selling of 2 old ships. Should focus on the individual freight rates.

Posted by KML889 > 2021-09-25 11:29 | Report Abuse

https://choivocapital.com/2021/04/21/maybulk-5077-dry-bulk-carrier-charter-rates-at-10-year-high-2021-projected-profit-rm120m5per-sustainable-recovery-in-dry-bulk-carrier-charter-rates/

Posted by KML889 > 2021-09-25 11:31 | Report Abuse

Albeit 5 months ady. Boleh la baca baca sikit for siapa siapa punya knowledge and understanding. Happy reading Yangxi

Posted by KML889 > 2021-09-25 11:36 | Report Abuse

Just hate to see that she is so bulky and clumsy to move like an elephant. Other than that, should be alright barring emerging of Black Swan.

Posted by KML889 > 2021-09-27 10:47 | Report Abuse

Last call. Mao beli, cepat b4 engine starts.

Posted by z3fthology > 2021-09-27 12:26 | Report Abuse

maybe those those main player who collected at 0.56 already sold the tix and quit.... movement so slow and disappointing

Posted by pingdan > 2021-09-27 17:09 | Report Abuse

Aiyoyo so siok.. let me topup again..

Posted by KML889 > 2021-09-27 17:15 | Report Abuse

Glad ada Bro yang still syiok else it will be a damn boring forum. Bagus bagus.

Posted by KML889 > 2021-09-27 19:59 | Report Abuse

My oh my another record breaking index lo folks. Bulkers freight especially capes sky rocketed. MBC, ini kali lah...lagi best, tomorrow kasi mari kaw kaw lah..
..

Posted by KML889 > 2021-09-27 20:11 | Report Abuse

4717+73.
Capes 63k, panamax 36k, panax 37k and handyx 35k spot rates

Posted by KML889 > 2021-09-27 20:12 | Report Abuse

FFA rates are catching up favorably. Good good indicators as well.

Posted by sharonchong > 2021-09-28 05:29 | Report Abuse

BDI breaks new high again... Just buy and keep.. Maybulk will eventually fly...

BDI 4,644 -> 4,717 (+73, +1.6%)
BCI 7,393 -> 7,600 (+207, +2.8%)
BPI 4,012 -> 4,020 (+8, +0.2%)
BSI 3,359 -> 3,363 (+4, +0.1%)
BHSI 1,925 -> 1,930 (+5, +0.3%)

Posted by sharonchong > 2021-09-28 05:30 | Report Abuse

Just try not to play contra, operators normally will make you sell low...

@yangxi.. I think in November we shall see a clearer picture already..

Posted by KML889 > 2021-09-28 09:11 | Report Abuse

Good good morning folks. Last call. U won't get this bargain again if u keep stalling. Good luck all

Posted by KML889 > 2021-09-28 09:12 | Report Abuse

Haha.....nice steam ahead

Posted by KML889 > 2021-09-28 09:17 | Report Abuse

Haha.....that long long wait turns out Short Short Wo. Sorry mate......again Hahahaha........

Posted by JTleong > 2021-09-28 10:54 | Report Abuse

It is coming.

Posted by KML889 > 2021-09-28 11:27 | Report Abuse

O yes indeed. All the power crunches in UK, Europe and China simply means Good Days for Shippers and bad for importers or consumers.

Posted by KML889 > 2021-09-28 11:29 | Report Abuse

The whole world punya Supply chains haywire.

Posted by KML889 > 2021-09-28 11:30 | Report Abuse

Simply means Recipe for Higher Rates.

Posted by KML889 > 2021-09-28 16:49 | Report Abuse

What the hack just happened. Fell from cliff tiba tiba. Ominous signs. Yawn......

Posted by wahd > 2021-09-28 17:19 | Report Abuse

Morning up , evening down , recently like this pattern

Posted by lklee1996 > 2021-09-28 17:45 | Report Abuse

今天是倒锤头，所以是要上升或下降了。明天看走势上就稳，下就吃草。

Posted by sharonchong > 2021-09-28 18:12 | Report Abuse

@Iklee1996.. totally agree. Tomorrow very crucial. If go up can be a very strong pull..

Posted by tanhy123 > 2021-09-28 18:14 | Report Abuse

Harbour just announced good QR result due to higher freight rate enjoy by its shipping and marine unit.

Posted by sharonchong > 2021-09-28 18:14 | Report Abuse

Whereas for long term investors, i think below 0.70 are really good opportunities to collect..

Posted by tonychua > 2021-09-28 18:34 | Report Abuse

The chart shows that there are weak buyers' support. So supporters need to buy-in to see Wan Dollah. Let's hope to see him soon.

Posted by JTleong > 2021-09-28 18:41 | Report Abuse

Main support is at 0.675. So far is supported well. I believe Harbour will bring other logistics counter up tmr

Posted by KML889 > 2021-09-28 20:05 | Report Abuse

4962+245 my goodness but not yet MBC

Posted by sharonchong > 2021-09-28 20:10 | Report Abuse

BDI breaks new high again!! Now approaching 5000..! If tomorrow can get below 0.70 just buy and keep.. Rewards will come sooner or later..

BDI 4,717 -> 4,962 (+245, +5.2%)
BCI 7,600 -> 8,322 (+722, +9.5%)
BPI 4,020 -> 4,030 (+10, +0.2%)
BSI 3,363 -> 3,373 (+10, +0.3%)
BHSI 1,930 -> 1,943 (+13, +0.7%)

Posted by tanhy123 > 2021-09-28 20:44 | Report Abuse

Why Capesize freight rate up so much but the smaller bulks barely move?

Posted by batu88 > 2021-09-28 21:21 | Report Abuse

it's time to forecast the Q3 result:
Q3 average TCE= 25k USD
Hire day = 500 (assume 6 vessel in average in Q3, before completed 2 sold vessel, still can operate)
Gross revenue = 500 x 25k USD x 4.15 = RM 52mil (net of voyage expense)
operation cost = RM 23mil
Net operating profit = RM 29mil
One-off gain from 2 vessel = RM50mil
PAT is around RM79mil.. finger crossed.

Posted by KML889 > 2021-09-28 21:30 | Report Abuse

Yup. 25 millions to 35 millions region excluding one-off gains seemed logical at current rates.

Posted by sapurakencana > 2021-09-28 22:05 | Report Abuse

Our local politic climate always influence the confidence of investor, ie 51% already slash the foreign investor intention to enter market even the counter future is so bright.Pls take into account of this factor! This is what i concern.

Posted by sapurakencana > 2021-09-28 22:09 | Report Abuse

Sharon,i know you provide alot of good infomation in this forum,but i hope you can consider what i mention above.

Posted by KML889 > 2021-09-28 22:09 | Report Abuse

Bro, public listed and foreign owned entities do not fall under this ruling

Posted by KML889 > 2021-09-28 22:14 | Report Abuse

It affects u and me kalo owned a international integrated logistic services company then kena kiss goodbye to your 51% share.

Posted by sapurakencana > 2021-09-28 22:19 | Report Abuse

KML889,i understand what you mention,but if foreign investor willing to enter this counter,they should act during BDI cross 4000 point like what they did in DKSH counter when the company declare good quarter result,why they still not move in even they can forsee the coming 2 quarter sure will give them good return.What factor cause they delay their action,
now a day all the transaction mostly come from small investor like us,am i right.

Posted by KML889 > 2021-09-28 22:28 | Report Abuse

Haha..only if v knew why and when then v wouldn't be here trying to talk up this share, MBC.Haha...small fries like us just exchange views and sometimes venting fuss saja.
Anyway, reasonable profits projections is your only lead indicators and whether or not it's jived with market expectations and market consensus. Tu je.

Posted by KML889 > 2021-09-28 22:39 | Report Abuse

Even the MBC BOD can only predict the steer of the company until this year end and not beyond in their latest q report. It is that volatile the nature of shipping business. That said, if u drill through Enough reading materials, may be it's still a safe bet until 2023. God knows.

Posted by KML889 > 2021-09-28 22:45 | Report Abuse

The last time MBC quick spike to 80 over cents it's because BPMB was cashing out hence the quick goreng. Hopefully this time round the tug of war of back and forth is actually setting the scene through accumulation for a sustainable rally. Godspeed MBC