Horizon.my

In my previous post on the Baltic Dry Index, I made a mention of Malaysian Bulk Carriers Berhad or MAYBULK. I first bought into this company in June 2006 when the share price was hovering at RM2.00 – 2.10 (pre-bonus basis). Adjusted for bonus issue, I believe it works out to be less than RM1.70 [...]

For those of you who follow MAYBULK (Malaysian Bulk Carriers Bhd), you will know that its earnings are highly dependant on something called the Baltic Dry Index. The Baltic Dry Index is a price index compiled by the Baltic Exchange in London. Each working day, the Baltic Exchange canvasses hundreds of brokers around the world [...]