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Something for us to ponder.. if so many loss making goreng stocks/penny stocks in Bursa can go up 500%-1000%, what is so difficult for a profit exploding Maybulk to move 100%-150% in 6 months time? Think about it..
Any index goes up and down, including BDI.. So as long as the figures maintain at the high range, Maybulk profit for coming quarters will rock..
From my study, Maybulk will have an exploding year if..
Baltic Panamax Index maintain between 3k-3.5k
Baltic Supramax Index maintain between 2k-2.5k
Baltic Handysize Index maintain between 1k-1.5k
Confidence and patience are two important factors for us to be successful in our investments..
all depends on BDI. so far BDI strong. .
and shipping high demand. I have ship product from China now , keep waiting shipment, shortage of shipment. so price will higher.
@Vernon L.. ya you're right.. I know many are looking for short term gain 5-10%, but my target is medium-long term gain 100%-150%.. both got nothing wrong.. hope all of us profited from investing Maybulk