However, if look on BDI, since fall to USD 1043 at 4 Feb 2011, it never below that point anymore. So, I would expect the BDI had started to recover. When time I post this on 11 Sept 2011, it already in place USD 1838. I buy MAYBULK cause I buy BDI has over its lowest period. Believe the recover of earning and share price is only time matter.
Sunday, September 11, 2011
20110906 - Buy MAYBULK
Today, buy in MAYBULK for 1000 units at RM 1.900. If look on financial report from MAYBULK, it actually doesn't attractive at all. At latest EPS on June 2011 only RM 0.0219 compare last year same quarter RM 0.0316 already reduced for 30.70%. If count about last 4 quarters, it accumulate EPS is RM 0.2300 which compare my buying price is with PE 8.26.
