ChinaPDYE

1 Year chart.

3 Months.

This stock was in my list for few days. I just not manage to buy in. I had mentioned in my earlier post that it is forming an uptrend recently. Today, price surge to 0.26 with huge volume support, extra-ordinary huge volume. Vested today. and hope can see more upside ahead.

IPO price is 0.27

PE is 7

Dividend Yield is 4%.

Not bad in terms of FA and their business outlook.

Close at 0.265 today. Happy.

Courage Marine (IV)

Look at that ! A wonderful break through. I added more today.

Hope to see price about 30 cents soon !

LMA Int'l (II)

The chart is just too slow. Infact it show a doji.
I called this a misterious doji. A new uptrend could be start from there

Let's see ...

Memtech (II)

A beautiful hammer form today, looks like something is blewing.

Let's see how tomorrow.

I wasn't free to monitor today, otherwise will buy in more before market closed.

Vested.

Courage Marine (IV)

Baltic Exchange Dry Index (BDI)& Soybeans (green)

Baltic Exchange Dry Index (BDI)& Crude Oil (red)

Baltic Exchange Dry Index (BDI)& Copper (brown)

Baltic Exchange Dry Index (BDI)& Gold (gold)

Baltic Exchange Dry Index (BDI)

Let's talk about Baltic Dry Index

The Shipping NewsThe best economic indicator you've never heard of.
By Daniel GrossPosted Friday, Oct. 24, 2003, at 5:11 PM ET

Baltic Dry Index: Not a Latvian deodorant The leading economic indicators—which serve as the foundation of massively important political and economic decisions—can frustrate even the wisest economists. They quibble over whether the payroll or establishment employment numbers make more sense and wonder whether consumer confidence figures measure anything more than sentiment. The figures of the gross national product are consistently revised.

As part of a new (extremely modest) effort to bring clarity to the bewildering maze that is the global economy, Moneybox is launching a search for obscure economic indicators. While less followed and hyped than their more famous brethren, OEIs may nonetheless provide insight into certain sectors of the U.S. and global economies. This column will be the first in an occasional series about these odd but helpful numbers.
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Today's OEI: the Baltic Dry Index.
Baltic Dry isn't a Latvian deodorant or an Estonian cocktail. Rather, it's a number issued daily by the London-based Baltic Exchange, which traces its roots to the Virginia and Baltick coffeehouse in London's financial district in 1744.

Every working day, the Baltic canvasses brokers around the world and asks how much it would cost to book various cargoes of raw materials on various routes—150,000 tons of iron ore going from Australia to China or 150,000 tons of coal from South Africa to Taiwan. Brokers are also asked to consider variables such as the type and speed of the ship and the length of the voyage.
The answers are melded into the BDI, which appears in shipping publications such as Lloyd's List and on the screens of information vendors such as Reuters and Bloomberg. Because it provides "an assessment of the price of moving the major raw materials by sea," as the Baltic puts it, it provides both a rare window into the highly opaque and diffuse shipping market and an accurate barometer of the volume of global trade.

The BDI is a good leading indicator for economic growth and production. After all, it doesn't deal with container ships carrying finished goods. It deals with the precursors to production: bulk carriers carrying building materials, cement, grain, coal, and iron. Unlike stock and bond markets, the BDI "is totally devoid of speculative content," says Howard Simons, an economist and columnist at TheStreet.com. People don't book freighters unless they have cargo to move.
Because the supply of cargo ships is generally both tight and inelastic—it takes two years to build a new ship, and ships are too expensive to take out of circulation the way airlines park unneeded jets in the Arizona desert—marginal increases in demand can push the index higher quickly. And significant increases in demand can push the index sharply higher. That's precisely what happened earlier this fall. As this chart shows, the Baltic Index doubled in September and October—an unprecedented jump.

Does this chart represent a Nasdaq-style bubble or a demand-led structural change? The summer did see a pick-up in coal and grain shipments to Europe, due to the heat wave, and China's humming steel factories are consuming massive quantities of iron ore. Those could be blips. "But it's not just iron ore and coal," says Michael McClure, vice president of Navios, a ship broker. "The strength can be seen among all the major commodities that ocean freight is carrying."

The real force behind the BDI's rise may be China. "To put it in extremely simplistic terms, China is importing huge amounts of raw materials and exporting manufactured goods, and that's drawing ships into the Pacific," says Jim Buckley, chief executive of the Baltic Exchange. The Wall Street Journal led today's "Money and Investing" section with an article on China's insatiable demand for raw materials. The Baltic index divined this trend several weeks ago.

As they say on CNBC, what does this mean for you? In this article from late last year, Howard Simons charted the index against the Dow Jones World Equity Stock Market Index and U.S. Treasury 10-year notes. His conclusion: "It's a very good leading indicator." Movements in the Baltic Index tend to precede movements in global stock markets. But the index also tends to presage higher interest rates. When more stuff is being shipped around the world, it needs to be financed. And that creates a greater demand for credit.

So the shipping news—at least as measured by the BDI—is largely good. Even better, it may be a sign that China's trade deficit may be declining. The downside: China isn't sucking up raw materials in vast quantities from the United States. (We export grains and soybeans to China, but not coal or iron ore.)

Courage Marine (II)

Great !!!! It break 0.265 today and touching 0.27 few times !

Hope to see more upside and wish this is a multi-bagger !