The maritime industry is not doing well... All 3 big shipping counters have lost their shine from last year massive run up and fall sick, coincidently together!! This is a clear sign of weakness...For time being, these counters should be avoided till the sell down ends.
Worst case scenario for each counter where it might start to look attractive again*:
- Nol = 1.50 (Young brother = weakest at this moment)
- Yangzijiang = 1.25 (Middle brother = Strength somewhere in between the two)
- Cosco = 1.40 (Big brother = Strongest among the three)
* Disclaimer: Take all opinion here with a pinch of salt!
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