i got 5 biji. scared later drop to 3.50 like last time

yahlor, look on the bright side,

Dato' Capt. Ahmad Sufian @ Qurnain bin Abdul Rashid (Non-Executive Independent Director) is accumulating.

not much though, 250 lots in May, 200 lots in June.

all this is nasib-lah.
If you foresee it's going to drop badly, you can sell now to take-profit,
but if you foresee that its bound to recover in the short term then hold it

Wow, look at Bursa-CJ, top volume for the day

woh....! Even the ship captain also buying bit by bit

captain wants to go down with his ship ma. din see titanic?

Even its volume is 300K, but it calculated the amount of money, it is Rm 300K nia. So nothing to be "wow' about actually. 1K lot of Genting volume already worth more than the its total volume already.

---

Added on June 13, 2008, 4:23 pmYup, if 300k shares then need to be alert. Just like Gamuda case.

If few ten lots, never mind.

But still if they don't add on new ship then I would worry about the company revenue in the future, after recently sold some of their old fleet.

This post has been edited by cherroy: Jun 13 2008, 04:23 PM

Yes, I was being sacarstic.
In any case seems a good waste of money even for a cheap Call warrants as the exercise price is RM13.82.

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Added on June 13, 2008, 4:25 pmwhich is about a 70% jump in the mother stock

This post has been edited by PBB boleh: Jun 13 2008, 04:25 PM

While the new ship cost may increase due to the increase in steel prices, I think they're being prudent about selling off their ships and keep lower amount of depreciation and ship maintenance cost especially when the current situation is unstable...

I understand it, but with reducing fleet will only mean lower revenue or sales for the futures which won't be good for future profitability. This can't be a long term solution or for long term company growth prospect.

This post has been edited by cherroy: Jun 13 2008, 04:38 PM

i read their earnings report for Q1 '08 is lower than Q1'07 also rite?

even though selling ships, their profit is less...

how how how....

Maybe they will acquires more when the price of ship is lower... Unlike cars, we dont know how ship is being price... I guess they knows better....

Cherroy, are you holding some Maybulk?

Haha.. Depends on how you look at the shipping future lo...

I see they do not have any changes in management nor any-mis management yet...

Decrease in profit is inevitable given the economy situation in regional...

If you hold it for short-term, then sell it... BDI maybe continue to decrease...

If you hold it for long term, hold it...

Disclaimer : I dont held responsible for my advice..

This post has been edited by keith_hjinhoh: Jun 13 2008, 04:45 PM

No, but it is one of the stock in my 'favourite page'.

ha-ha.... same here

it is in "My Favourite" page, too

MAYBULK price unchanged, closed at 3.76

GENTING price +0.150, closed at 5.55

MAYYBULLLKKKKK!!!!!!

i have milked ur dividend so long and now u treat me badly...!!!

time to dump u!!!

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Inflation news:
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This post has been edited by AdamG1981: Jun 13 2008, 05:39 PM