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KLSE: CCB       CYCLE & CARRIAGE BINTANG BHD
Last Price Avg Target Price   Upside/Downside Price Call
1.67 1.19     -0.48 (28.74%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
03/11/2019 1.35 0.96 -0.39 (28.89%) SELL AffinHwang Price Target News
01/11/2019 1.31 0.92 -0.39 (29.77%) HOLD WILSON & YORK Price Target News
30/10/2019 1.30 1.95 +0.65 (50.00%) HOLD AffinHwang Price Target News
01/08/2019 1.31 1.04 -0.27 (20.61%) SELL AffinHwang Price Target News
31/07/2019 1.31 1.06 -0.25 (19.08%) HOLD WILSON & YORK Price Target News
25/06/2019 1.46 1.18 -0.28 (19.18%) SELL AffinHwang Price Target News


Price Target Research Article/News (past 6 months)
03/11/2019  AffinHwang Cycle & Carriage - Cycling Downhill; Maintain SELL
01/11/2019  WILSON & YORK Cycle & Carriage Bintang Bhd 3Q FY 2019 Update Report (HOLD)
30/10/2019  AffinHwang Cycle & Carriage - Muscle Up for Future Prospects
01/08/2019  AffinHwang Cycle & Carriage - Losses Widen Further
31/07/2019  WILSON & YORK Cycle & Carriage Bintang Bhd 2Q FY 2019 Results Report (HOLD)
25/06/2019  AffinHwang Cycle & Carriage - Challenging Outlook Persists



  3 people like this.
 
James Ng https://klse.i3investor.com/blogs/general/169970.jsp
[转贴] [CYCLE & CARRIAGE BINTANG BERHAD,销售业务有所改善] - James的股票投资James Share Investing
17/08/2018 8:48 AM
saltedfish 多加注意,好戏连场
24/08/2018 10:54 AM
hornbill CCB sale back all share in MBM back to diamler. Take eye close to Hap Seng
03/12/2018 10:39 AM
commonsense Hi Supersun,

It should actually be consider bad news as it will reduce CCB profit substantially.

If you look at the 9m18 results of RM19.3mil PAT, RM11.2mil of that profit actually comes from the dividend from Mercedez Benz Malaysia Sdn Bhd (MBM).

If you to take that out, 9m18 result would have only been RM8.1mil. And if you were to exclude the RM12mil compensation from insurance claim in 2Q18 (which is none core earnings), then the core earnings of CCB would have been -RM3.9mil. Please take note that 3Q18 result of RM4.9mil could only be achieve due to the tax holiday period (which is why Revenue was high for the quarter).

In FY19 most analyst actualy expect lower profit margin for CCB due to Mercedes focus to shift to lower margin cars. So CCB would most probably post a negative result next year.

If you are interested in having an exposure to the automotive industry, then i would recommend you to consider MBMR.

The company is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 5.3x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.5x BV. 4Q18 results is expected to be higher than 3Q18 and last year 4Q17. And FY19 growth will be driven by the still high demand of new Myvi and the launch of the new SUV in 1Q19.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions.

Good luck.
04/12/2018 7:10 AM
saltedfish Up slowly everyday
24/01/2019 10:31 PM
come2winner Post removed. Why?
24/01/2019 10:31 PM
omgimnoob CCB is a charity company than a commercial? what is the management reason to list in klse?
23/04/2019 7:18 PM
omgimnoob If u read carefully, all the capital expansion is not generating additional income or significant savings, meaning, the showrooms and facilities won’t affects much of their selling of products, so why spend so much? Directors relatives doing renovation company?
24/04/2019 7:12 PM
omgimnoob Looking at the PL, they r just listed for the sake of listed. Pity the hardcore shareholders. And minority watch dog group does not look into this company?
24/04/2019 7:14 PM
Investsucess Trader The company is making a lot of money, but this is accounting tricks to avoid making taxes,
26/04/2019 12:00 PM
Investsucess Trader one day sold 30 cars,
26/04/2019 12:15 PM
omgimnoob Marketing is cost, I don’t see profits. Good company can manage to pay tax and pay back to shareholders at the same time invest in capital expenditures. This is the incapability of management or there are leeches in the board or higher management!
26/04/2019 8:25 PM
James Ng https://klse.i3investor.com/blogs/general/206146.jsp
[转贴] [CYCLE & CARRIAGE BINTANG BHD:预计今年剩余时间市场将继续面临挑战] - James的股票投资James Share Investing
13/05/2019 11:57 AM
siaoliao this name so ong sure up one , ccb
24/05/2019 3:03 PM
saltedfish Someone is definitely accumulating in the market
28/05/2019 7:21 AM
siaoliao what happen to CHAO CIBI ?
29/05/2019 2:30 PM
Mabel Why is this counter not moving?
12/07/2019 12:08 AM
investers because it is CCB
12/07/2019 8:24 AM
Mabel At least my other counter SIME Darby (BMW and Porsche) is moving..

Don't tell me BMW is the flavor of the day. 2018 was a record year for Mercedes!
12/07/2019 11:32 AM
Mabel See all we need is to make some noises and suddenly it when up more than 1.4% :)
12/07/2019 8:01 PM
SUPERSUN ha ha ha 1.35 now
16/07/2019 11:17 AM
xiong866 will keep droping?
16/07/2019 1:38 PM
Mabel Walla... What a pleasant surprise... Another 2% up... What more can I asked

Mercedes Benz never fail to impress me..

Let see how my Porsche and BMW doing....

Cheers
03/08/2019 9:26 PM
Mabel Damn this counter seems to be going downhill..

Does anyone which other counter are also selling Mercedes beside Hapseng?
26/08/2019 11:17 AM
Mabel Yawn...
12/09/2019 8:24 PM
truly really chao chi bai counter
01/11/2019 8:02 PM
UnicornP CCB will PN17. My prediction.
02/11/2019 9:33 PM
Mabel hopefully not...

everyone still love Mercedes Benz :)

they need to change their management if they cannot improve...
09/11/2019 12:00 AM
dompeilee Another takeover attempt...cheapo offer of 2.20
11/11/2019 10:18 AM
shareprofit congrats
11/11/2019 10:45 AM
Choivo Capital I really cannot imagine why anyone would want to privatize this co, much less at RM2.20 per share.
11/11/2019 11:13 AM
Mabel Cycle & Carriage shareholders will be dancing now, taken private at 2.2, 64% increase from last closing price of 1.34
11/11/2019 12:40 PM
nich0las shlct, my 3.50....
11/11/2019 3:14 PM
icecool 2.2 share holder getting free money
11/11/2019 8:23 PM
爱丽丝 梦幻世界 Hari ini limit up 1.67 ? Esok gap up 2.20 ? Saya tak tau
12/11/2019 4:52 AM
Grover wow so many queueing at 1.67
12/11/2019 8:38 AM
apolloang siapa dapat at 1.67? insider dapat? queuing also not fair
12/11/2019 9:19 AM
Wing23 insider who bought last week all earn 99
12/11/2019 10:00 AM
apolloang harder to get than winning 4d. cos all fixed....it's a scam queuing
12/11/2019 10:35 AM
apolloang who's the one that got it at 1.67??? bursa why no show the names?
12/11/2019 11:47 AM
Miz Raya Bloom mungkin yang dapat 1.67 tu sebab ada yang terjual hihihi betul juga kawan ku kat whims kata kaunter ini bisa bikin kejutan, cuma ku kesal tak beli sebelum announcement keluar huhuhuh
12/11/2019 11:51 AM
apolloang siapa dapat? why everytime queue so early also cannot get? how's the system work? tipu kah?
12/11/2019 12:13 PM
Miz Raya Bloom pagi2 lagi ku ingat nak q buy sekali tengok dah 1.67 ramai tunggu pulok - melepas hihihi appollo sebenarnya malam pun boleh q buy dalam system
12/11/2019 12:25 PM
apolloang I malam dah queue tapi apa pun tak dapat…...bukan ini kaunter saja dah banyak kaunter macam begini…...bursa penipu lah
12/11/2019 12:30 PM
apolloang tak ada list kah who queue 1st? apa system ini? penipu besar kah?
12/11/2019 12:33 PM
Miz Raya Bloom oh ya ke? masa kat jupiter dulu ku pernah buat, malam q buy or sell esok pagi keluar dalam system, yang jaga kat stockbroking firm selalu dealer atau remiser, mereka la akan check pagi2
12/11/2019 12:57 PM
Mabel I'm still waiting for someone to buy by queue..
12/11/2019 2:42 PM
pushparaj Some innocent shareholder, sold cheap without realising it is worth 2.20
12/11/2019 5:32 PM
kaleemtheman Cycle & Carriage Bintang Bhd’s (CCB) shares surged 29.46% this morning after its controlling shareholder Jardine Cycle & Carriage Ltd (Jardine CCL) proposed to the board to undertake a selective capital reduction and repayment (SCR) at RM2.20 per share.

At 9,02am, CCB rose 38 sen to RM1.67, valuing it at RM168.24 million.
12/11/2019 5:32 PM
Miz Raya Bloom apollo awak tanya stockbroker le kenape? siapa yang jaga awak punya account? mesti ada yang jaga, walaupun beli sendiri online.
12/11/2019 5:34 PM


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