Pain

70661304 : It's a 1.7 PE company now. With super high portion dividend.

Rookie Trader Gary 70661304 : We need to understand the backend logic. Whales are expecting the freight rates to drop, as the holiday season rush has ended and lots of efforts are taken to ease the supply chain issue. So short term the stock price could fall even deeper.

But as long as the demand side remains strong and the chaos of the ports stays from the supply side, the freight won't drop to the old levels anytime soon. I'm expecting the stock price to bounce after hitting some support.

70661304 Rookie Trader Gary : Nice to learn. DO YOU THINK IT'S A GOOD CHOICE FOR PERFECT HOLDING?

70661304 70661304 : It's dividend distribution plan is very tempting anyway.

Rookie Trader Gary 70661304 : Probably mid-term, not long-term. The supply and demand will eventually rebalance, and the marine shipping stocks would only benefit before that happens.

Stay alerted for the news like port congestion eases, ships waiting out of the port drops or any new ships delivered from order book. Besides, the price would act based on how investors predict what's gonna happen

Rookie Trader Gary 70661304 : Agreed, it hurts when I quit the position

102438138 : The consensus in the industry is that for the most part, shipping can still maintain the same trend in 2022, and I really can't see the logic of a sharp drop of 20%.

71741347 : Does anyone know why the stock price automatically drops by two yuan every time it is appeased? It was clear that the market closed at more than 47 yuan after the market last night, and when I woke up, it opened at 45 yuan more. Is this dividend deceptive?

Rookie Trader Gary 71741347 : The drop is just the amount of dividend that will be distributed