JIN finished bullish bat pattern with wick below from 14,70,- drybulk up all over, Jin lagging behind as usual. No debt, all vessels in spot, rates like in 2009, massive result for Q3 incoming. Can’t see anymore downside from here. As always, these are mye trades, just sharing.
Wow. The market frenzy has not fully reached out for the dry bulk shipping yet. Even though it looks like it has it surely hasnt yet. To illustrate this Jinhui can easily be used as a prime example. To valuate Jinhui is easy. P/B 0,37 Loan to value ratio about 40% Sadly no dividents at the moment, but this will most likely come. Only once share issue. And also...
