Highlights

THE INVESTMENT APPROACH OF CALVIN TAN

Author: calvintaneng   |   Latest post: Thu, 17 Oct 2019, 3:03 AM

 

CRUDE OIL RISING CAUSED OGSE BULL RUN: NOW BALTIC DRY INDEX (BDI) SURGE WILL POWER MAYBULK, Calvin Tan Research

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Hi guys,

After the OGSE BULL RUN Caused By Crude OIl Price Rise due to Petronas Rm30 Billions Upstream Capex the Next Bull Run on the horizon could be MAYBULK due to Baltic Dry Index Price surge

 

See

Baltic Dry Index Historical Data

 

Sep 06, 2019 2,462.00 2,462.00 2,462.00 2,462.00 - -1.48%
Sep 05, 2019 2,499.00 2,499.00 2,499.00 2,499.00 - -0.75%
Sep 04, 2019 2,518.00 2,518.00 2,518.00 2,518.00 - 0.68%
Sep 03, 2019 2,501.00 2,501.00 2,501.00 2,501.00 - 2.42%
Sep 02, 2019 2,442.00 2,442.00 2,442.00 2,442.00 - 2.69%
Aug 30, 2019 2,378.00 2,378.00 2,378.00 2,378.00 - 4.44%
Aug 29, 2019 2,277.00 2,277.00 2,277.00 2,277.00 - 0.44%
Aug 28, 2019 2,267.00 2,267.00 2,267.00 2,267.00 - 2.44%
Aug 27, 2019 2,213.00 2,213.00 2,213.00 2,213.00 - 2.08%
Aug 23, 2019 2,168.00 2,168.00 2,168.00 2,168.00 - 2.36%
Aug 22, 2019 2,118.00 2,118.00 2,118.00 2,118.00 - 2.77%
Aug 21, 2019 2,061.00 2,061.00 2,061.00 2,061.00 - 0.10%
Aug 20, 2019 2,059.00 2,059.00 2,059.00 2,059.00 - -0.39%
Aug 19, 2019 2,067.00 2,067.00 2,067.00 2,067.00 - -1.01%
Aug 16, 2019 2,088.00 2,088.00 2,088.00 2,088.00 - 2.00%
Aug 15, 2019 2,047.00 2,047.00 2,047.00 2,047.00 - 4.97%
Aug 14, 2019 1,950.00 1,950.00 1,950.00 1,950.00 - 4.61%
Aug 13, 2019 1,864.00 1,864.00 1,864.00 1,864.00 - 5.07%
Aug 12, 2019 1,774.00 1,774.00 1,774.00 1,774.00 - 1.49%
Aug 09, 2019 1,748.00 1,748.00 1,748.00 1,748.00 - 1.63%
Highest: 2,518.00 Lowest: 1,748.00 Difference: 770.00 Average: 2,175.05 Change %: 43.14

From August 9th 2019 the Baltic Dry Index at 1,748 jumped to the latest index of 2.464 or up 40.8%

On August 9th 2019 Maybulk closed at 56.5 sen and ended at 65.5 sen last friday on 6th Sept 2019 for only 15% gain

BDI UP BY MORE THAN 40% FROM AUGUST 9TH WHILE MAYBULK ONLY UP BY 15%

 

SO MAYBULK SHARE PRICE HAS MORE UPSIDE TO GO.

 

Latest News show KAMSARMAX RENTAL  IS OVER RM80,000 PER DAY

 

Velesto rent out Oil Rigs at Rm70,000 a day so Velesto has been upgraded to a buy

BUT MAYBULK KAMSARMAX IS RENTED OUT AT OVER RM80,000 PER DAY

MAYBULK HAS IN TOTAL MORE THAN 20 BULK CARRIERS OF WHICH 3 ARE NEW KAMSARMAX

 

OTHERS ARE AS BELOW

Bulk Carriers

Owned/Controlled

NO VESSEL NAME

YEAR BUILT

DWT
(MT)
DRAFT
(Meters)
LOA
(Meters)
BEAM
(Meters)
HO / HA GEARS Link
Post-Panamax Bulk Carriers (Double Hull)
1 Alam Padu Apr-05 87,052 14.14 229.00 36.50 7/7 Gearless
2 Alam Permai Jun-05 87,052 14.14 229.00 36.50 7/7 Gearless
3 Alam Penting Jul-05 87,052 14.14 229.00 36.50 7/7 Gearless
4 Alam Pintar Oct-05 87,052 14.14 229.00 36.50 7/7 Gearless
Supramax Bulk Carriers (Grab Fitted)
1 Alam Manis Mar-07 55,652 12.58 189.99 32.26 5/5

4C/30T

4G/12 cbm

2 Alam Mutiara Apr-12 61,498 13.01 199.98 32.24 5/5

4C/30T

4G/12 cbm

3 Alam Sayang Jul-13 61,410 13.01 199.98 32.24 5/5

4C/30T

4G/12 cbm

 
4 Alam Madu Sep-14 58,045 12.95 189.93 32.26 5/5

4C/30T

4G/12 cbm

 
5 Alam Molek Oct-14 58,074 12.95 189.93 32.26 5/5

4C/30T

4G/12 cbm

 
6 Alam Makmur Mar-15 55,865 12.70 189.90 32.26 5/5

4C/30T

4G/12 cbm

 
7 Alam Mulia Sep-15 61,254 13.00 199.90 32.26 5/5

4C/30T

4G/12 cbm

 
Handysize Bulk Carriers
1 Alam Seri Mar-11 29,562 9.72 170.70 27.00 5/5 4Cx30T/Logs
2 Atlantic Progress Jun-11 32,527 10.20 177.40 28.20 5/5 4Cx30T
3 Atlantic Dream Dec-11 32,527 10.20 177.40 28.20 5/5 4Cx30T
4 Alam Suria Jan-12 29,077 9.72 170.70 27.00 5/5 4Cx30T
5 Alam Setia Oct-13 36,320 10.72 176.50 28.80 5/5 4Cx30T  
6 Alam Sinar Jan-14 36,320 10.72 176.50 28.80 5/5 4Cx30T  

 

SO WITH ADDITIONS OF 3 KAMSARMAX MAYBULK HAS A TOTAL OF 20 BULK CARRIERS 

 

NOTE: KAMSARMAX LATEST DAILY RATE IS USD20,000 or RM84,000 (THE HIGHER USD GOES UP AGAINST RINGGIT THE BETTER FOR MAYBULK)

 

SO MAYBULK WILL BENEFIT FROM BDI PRICE RISE AND USD STRENGTH!

 

See

 

Dry Bulk Market: Capesizes Reach New Highs

he market reached new heights this week as the 5TC topped $38,014, a level not seen in the sector since 2013. Fridays 5TC closed down $732 to settle at $37,921. While this week’s surge in rates was driven by a tightening of tonnage that is able to arrive within September, a wider sector story is emerging of vessel delays being caused by docking issues. The upcoming IMO regulations, which will apply from 1 January 2020, have vessels preparing tanks to receive cleaner fuels while others are installing scrubber units to process high sulphur fuel on the go. These unusual dockings are causing delays and disruptions to tonnage flows, which is further aggravating a tight tonnage situation in parts of the market. The Pacific Basin this week experienced a surge early on due to sentiment from the West, but was otherwise relatively steady, while not particularly busy. The C5 opened the week at $10.359 to close Friday at $11.214. The Brazil to China market opened the week at $28.118, reached a high of $29.10, before closing the week out at $27.955.

Panamax
It was a largely uneventful week, with the indices drifting lower, albeit without much conviction. Sources said owners with prompt tonnage on the Continent had to reduce their ideas to find cover. However, this appeared limited to shorter duration trades, with later tonnage content to sit and wait. The North Pacific also suffered from a seasonal slump in North Pacific stems. The South continued to be reliant on the South American market, which saw Kamsarmaxes achieve as much as $20,000 from Singapore for the long round voyage. (NOTE: MAYBULK JUST GOT 3 BRAND NEW KAMSARMAX DELIVERED RECENTLY. AND MAYBULK ALSO OPEATES FROM SINGAPORE) However, dips in the paper values helped to weaken sentiment, giving charterers the opportunity to step back in the hope of finding cheaper offers. Fundamentally the market appeared stable and well balanced, with any injection of South American activity likely to see rates improve once again. However, the mood had remained cautious, without clear direction during the week.

Supramax/Ultramax
Overall rates remained healthy last week. However, as the week ended, Asia rates were easing a little due to less demand. As a result, the Atlantic saw some sideways movement from East Coast South America and the eastern Mediterranean. There was still a little period activity, with a 52,000dwt ship open China covered for 9-11 months trading and redelivery worldwide at $10,750. From the Atlantic, an Ultramax fixed at USD$19,000 for a short period redelivery in the Atlantic. The US Gulf remained positive with an Ultramax fixing at $25,000 for a coal run to the Baltic. Activity waned a little as the week closed from the Mediterranean, but a 56,000dwt ship fixed a trip from Algeria to West Africa at $19,000. From Asia a 58,000-tonner fixed delivery Fuzhou, via Indonesia, redelivery China, at $12,800, while a 50,000dwt ship covered an Australian round delivery South China, redelivery Japan, at $13,450. The Indian Ocean still commanded good levels, with a 57,000dwt vessel fixing delivery Arabian Gulf with aggregates for a trip to Chittagong at $20,000.

Handysize
The Baltic Handysize Index (BHSI) reached its new high this week, surpassing the last peak at 676 from end October 2018. The rates in the Continent were firm, but slightly easing towards the weekend. The US Gulf and East Coast South America markets lent further support, whilst in the East, activity was fairly flat throughout the week, yet steady levels remained. On the period front, a 37,000dwt ship was fixed from the UK for four to six months at USD$14,250. From the Black Sea, a 35,000dwt ship was fixed at close to USD$18,000 for moving steels to Nigeria. A 31,000dwt vessel open in the same area was fixed for a trip to the Continent at $13,850. Large Handysize vessels were paid in the $11,000s basis Far East delivery for a CIS or North Pacific round trip. A 32,000dwt ship open in Southeast Asia was fixed at a rate in the low $10,000s for redelivery in the Singapore-Japan range.
Source: The Baltic Briefing

 

Welcome to Malaysian Bulk Carriers Berhad (MBC) Group

The MBC Group is the largest drybulk shipowner in Malaysia engaged in international shipping. The MBC Group presently owns and operates a fleet of vessels which includes dry bulk carriers and product tankers.  MBC Group’s vessels are largely tramped on the spot and period markets.

The principal activities of the Group are:-

i) Owners and operators of

   Bulk Carriers ranging from 29,000 DWT (Handysize) to 87,000 DWT
   (Post-Panamaxes)

   MR Tankers ranging from 47,000 DWT to 47,999 DWT; and

ii) Ship management

Fleet Information

 

Like Dayang share price well supported because Petronas is in Top 30 shareholders of Dayang - Malaysian Govt under Minister of Finance is also in 30 Top Holders of MAYBULK

See

SUBSTANTIAL SHAREHOLDERS Direct Interest Deemed Interest No. of % of No. of % of Issued Issued Issued Issued Name of Substantial Shareholders Shares Shares Shares Shares

Pacific Carriers Limited (PCL) 344,615,000 34.46 – –

Bank Pembangunan Malaysian Berhad (BP) 183,945,700 18.39 –

PPB Group Berhad (PPB) 140,000,000 14.00 20,000 –

Kuok (Singapore) Limited (1) – – 344,615,000 34.46

Minister of Finance Incorporated (2) – – 183,945,700 18.39

Kuok Brothers Sdn Berhad (3) – – 140,020,000 14.00

 

SO JUST AS DAYANG WAS OWNED BY PETRONAS MAYBULK IS ALSO OWNED BY THE MINISTER OF FINANCE WHICH IS THE GOVT OF MALAYSIA

 

PAHANG STATE GOVT IS ALSO IN TOP 30 HOLDERS OF MAYBULK

14. Kerajaan Negeri Pahang 2,153,850 0.22

 

Through PPB Robert Kuok is also in Top 3 of MAYBULK

See

3. PPB Group Berhad 140,000,000 14.00

FONG SILING HAS EMERGED TOP NUMBER 4 IN MAYBULK IN LATEST AR REPORT

4. RHB Capital Nominees (Tempatan) Sdn Bhd Pledged Securities Account For Fong Siling (CEB) 10,500,000 1.05

Fong Siling is so bulllish that he bought Maybulk shares on margin?

KUOK KHOON KUAN (FOUNDER OF WILMAR & NEPHEW OF ROBERT KUOK) IS ALSO IN TOP 30 HOLDERS OF MAYBULK

27. Kuok Khoon Kuan @ Kuo Khoon Kwong 1,268,750 0.13

NOTE: WILMAR SHIPS GRAINS, SUGAR, PALM OIL WORLDWIDE. TO HAVE WILMAR ON BOARD IS LIKE HAVING AN ANCHOR TENANT IN A SHOPPING MALL

 

SO THERE YOU GO

ALL THE BIG GUNS OF GOVT, STATE GOVT, PROMINENT INVESTOR FONG SILING,

ROBERT KUOK & HIS NEPHEW WILMAR GROUP ARE ALL HOLDING MAYBULK SHARES

SO MAYBULK IS NOW

 

1) IN CYCLICAL UPTREND

2) HAVING NEW UPDATED BULK CARRIERS THAT MEET 1MO 2020 STANDARD

3) OWNED BY ROCK SOLID INVESTORS

4) WITH ANCHOR BUSINESS PARTNERS

5) WITH PROMINENT INVESTOR TAKING HUGE POSITION (Top 4)

 

AND GAME CHANGER!!!

YES!! THE INTRODUCTION OF IMO2020 THAT REQUIRES 0.5% EXHAUSE WASTE FROM SULPHUR IS THE GAME CHANGER TO HIGHER PROFITS

 

LAST TIME MALAYSIA GOVT IMPLEMENTED COMPULSORY USE OF SEAT BELT USE IN YEAR 2004

HIROTAKO DIRECTLY BENEFITED AS HIRO IS AMONG THE TOP SUPPLIER OF SEAT BELTS FOR PERODUA AND PROTON CARS IN MALAYSIA

HIRO WAS SO PROFITABLE AND GAVE OUT HIGH DIVIDENDS WHICH WAS TAKEN PRIVATE BY MBMR LATER

HA! WILL MAYBULK RETURN TO ITS GLORY DAYS OF HIGH DIVIDEND PAYOUT?

SEE

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calvintaneng Dry Bulk Market: Capesizes Reach New Highs
in Dry Bulk Market,International Shipping News 09/09/2019

T

he market reached new heights this week as the 5TC topped $38,014, a level not seen in the sector since 2013. Fridays 5TC closed down $732 to settle at $37,921. While this week’s surge in rates was driven by a tightening of tonnage that is able to arrive within September, a wider sector story is emerging of vessel delays being caused by docking issues. The upcoming IMO regulations, which will apply from 1 January 2020, have vessels preparing tanks to receive cleaner fuels while others are installing scrubber units to process high sulphur fuel on the go. These unusual dockings are causing delays and disruptions to tonnage flows, which is further aggravating a tight tonnage situation in parts of the market. The Pacific Basin this week experienced a surge early on due to sentiment from the West, but was otherwise relatively steady, while not particularly busy. The C5 opened the week at $10.359 to close Friday at $11.214. The Brazil to China market opened the week at $28.118, reached a high of $29.10, before closing the week out at $27.955.

Panamax
It was a largely uneventful week, with the indices drifting lower, albeit without much conviction. Sources said owners with prompt tonnage on the Continent had to reduce their ideas to find cover. However, this appeared limited to shorter duration trades, with later tonnage content to sit and wait. The North Pacific also suffered from a seasonal slump in North Pacific stems. The South continued to be reliant on the South American market, which saw Kamsarmaxes achieve as much as $20,000 from Singapore for the long round voyage. (NOTE: MAYBULK JUST GOT 3 BRAND NEW KAMSARMAX DELIVERED RECENTLY. AND MAYBULK ALSO OPEATES FROM SINGAPORE) However, dips in the paper values helped to weaken sentiment, giving charterers the opportunity to step back in the hope of finding cheaper offers. Fundamentally the market appeared stable and well balanced, with any injection of South American activity likely to see rates improve once again. However, the mood had remained cautious, without clear direction during the week.

Supramax/Ultramax
Overall rates remained healthy last week. However, as the week ended, Asia rates were easing a little due to less demand. As a result, the Atlantic saw some sideways movement from East Coast South America and the eastern Mediterranean. There was still a little period activity, with a 52,000dwt ship open China covered for 9-11 months trading and redelivery worldwide at $10,750. From the Atlantic, an Ultramax fixed at USD$19,000 for a short period redelivery in the Atlantic.
10/09/2019 1:38 PM
calvintaneng Maybulk 3 BRAND NEW KAMSARMAX DRY BULK CARRIERS NOW GET RM85,000 DAILY CHARTER RATES

THAT IS ESTIMATED TO BE MORE THAN RM250,000 PER DAY

AND MAYBULK GOT 17 MORE BULK CARRIERS

THIS EXPLOSIVE GROWTH OF INCOME IS NOT YET RECOGNIZED BY INVESTORS OR TRADERS

BUT ALL THESE HIGH HIGH REVENUE WILL TRANSLATE INTO HIGH PROFITS FOR

NOV 2019

FEB 2020

MAY 2020

QUARTERLY REPORTS OF MAYBULK

AS SIFU WARREN BUFFET SAID IF A COMPANY BUSINESS DOES WELL ITS SHARE PRICE WILL EVENTUALLY FOLLOWS
10/09/2019 1:43 PM
calvintaneng Since you can SEE so clearly bdi index already up from 595 to over 2400 now you don't need rocket science or MIT maths to tell you that Maybulk going to make lots and lots of profits that will show up in Nov 2019 and Feb 2020 results
10/09/2019 3:32 PM
calvintaneng Dry bulk carriers will benefit if oil price drops


It means lower cost of operation

AND Maybulk carriers already switched to modern fleet of fuel saving ships by constant upgrading

THE lack of capsize bulk carriers have given opportunity for pan Panama carriers to get the business of iron ore shipping

2 pan Panamaxes will equal to One capesize

AND maybulk is fortunate to own a few pan Panamax carriers

All the signs point to accelerating business which will amplify profits for
Nov 2019
Feb 2020
May 2020

Reporting results
11/09/2019 8:36 AM
calvintaneng Baltic index up from 595 to 2422 or over 400% while maybulk only up by 33%

The hesitation to buy is fear of flash in the pan performance

But IMO2020 is the game changer

And earnings will be elevated from now
11/09/2019 9:01 AM
adamsmith 2343.hk better than maybulk
11/09/2019 9:41 AM
calvintaneng As long as bdi index is above 2000 points

Maybulk should be earning well

If maybulk earning well then its

Results will show up better figures

And if Mr Market sees better figures like mesb or magni-tech then they will buy up maybulk

So there is a corelationship between increased earnings and share prices
11/09/2019 2:36 PM
calvintaneng Elevated earnings = Elevated balance sheet results = Elevated share price
11/09/2019 2:37 PM
calvintaneng CO-RELATION IS CAUSE & EFFECT

CRUDE OIL CRASHED TO USD 27 = ALL OGSE CRASHED.

CARIMIN CRASHED TO ONLY 20.5 SEN

DAYANG CRASHED TO 50 SEN

PENERGY CRASHED TO 34 SEN

UZMA CRASHED TO 55 SEN

VELESTO CRASHED TO 16.5 SEN

NOW BRENT CRUDE UP TO USD62

ALL OGSE STOCKS GONE UP - SOME BY MORE THAN 200%



BALTIC DRY INDEX WAS 595 POINTS. NOW OVER 2,300 POINTS (UP FAR FAR MORE THAN CRUDE OIL BY PERCENTAGE)

SO BALTIC INDEX UP SO MUCH NOW

LATER MAYBULK SHARE PRICE WILL ALSO GO UP

SINCE MAYBULK STILL SO VERY VERY CHEAP

TIME TO LOAD UP KAW KAW!!!
11/09/2019 3:24 PM
calvintaneng MAYBULK (5077) HUGE CHANGE OF FORTUNE EXPLAINED STEP BY STEP CLEARLY, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/224455.jsp
11/09/2019 7:02 PM
11/09/2019 7:03 PM


 

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