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KIV: Maybulk
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11 Months, 2 Weeks ago
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Maybulk soon to become the IOICORP second soon.....good volume and price..goo trading counter. Went in at 4.58 today...! Jin and Bert...we r in the same boat now....!
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" Men wanted for hazardous Journey. Small wages. Bitter cold. Long months of complete darkness. Constant danger.Safe return doubtful. Honor and recognition in case of success."
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bert (User)
Newbie
Posts: 46
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11 Months, 2 Weeks ago
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Hi Tee,
Wellcome to the club. Good price u had at RM4.58. Almost close to the low of the day of RM4.56. I went in again at RM4.64.
BDI Index had gone down below 10000 but today the index has stopped declining.
Long term market trend still looks ok.
Bank Pembangunan, a major shareholder of Maybulk, has been disposing some of its shares lately. Bank Pembangunan is holding more than 183 million shares. Total no of shares in Maybulk is 1 billion. Never knew a bank could invest so much of its money in a single counter. Thot a bank shd only earn money fr its lending activities.
I am still accummulating a little by little slowly for my mid and long term portfolio while closely monitoring the index and Bank Pembangunan activities.
Short term a little fluid for this counter.
Cheers
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11 Months, 2 Weeks ago
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Hi Tee & bert,
I have teken partial profit at 4.8x, now waiting to re-enter...
Support is seen at 4.50, if the support can hold, i shall accumulate more at current price...
Happy trading...
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