Highlights
KLSE: CBIP (7076)       CB INDUSTRIAL PRODUCT HOLDING BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
1.14   0.00 (0.00%)  0.00 - 0.00  0
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Overview

Market Cap: 614 Million
NOSH: 538 Million
Avg Volume (4 weeks):392,136
4 Weeks Range:1.04 - 1.20
4 Weeks Price Volatility (%):
95.00%
52 Weeks Range:0.68 - 1.23
52 Weeks Price Volatility (%):
92.68%
Average Price Target: 0.98
Price Target Upside/Downside: -0.16
Stamp duty exempted for year 2021

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2020 [#3]  |  27-Nov-2020
Next QR | Est. Ann. Date: 31-Dec-2020  |  27-Feb-2021
T4Q P/E | EY: 12.42  |  8.05%
T4Q DY | Payout %: 3.25%  |  40.41%
T4Q NAPS | P/NAPS: 1.3419  |  0.85
T4Q NP Margin | ROE: 6.67%  |  6.84%

Headlines

Date Subject
03-Mar-2021 Mplus Market Pulse - 3 Mar 2021
11-Feb-2021 Plantation - Low Stockpile to Remain
30-Nov-2020 CB Industrial Product - Better-than-expected
01-Sep-2020 CB Industrial Product - 1HF20 Missed Expectations
01-Sep-2020 CB Industrial Product - Weaker-than-expected 2Q
29-Jul-2020 Plantation - Hints from 2QCY20 Production Data
20-Jul-2020 Plantation - Stockpile Eases Further on Higher Exports
09-Jul-2020 【行家论股/视频】CB工业产品 售地收益694万
07-Jul-2020 CB Industrial Product - Disposal of Its Klang Land
01-Jul-2020 CB Industrial Product - Within Expectations
01-Jul-2020 CB Industrial Product- Headwinds Ahead
13-May-2020 Plantation - Inventory Breaches Above 2.0m MT Mark
13-May-2020 Plantation - Stockpile Surpasses 2m Tonnes
20-Apr-2020 Plantation - Mar-20 Stockpile Rises on Higher Output
13-Apr-2020 Plantation - Inventory Up After Five Consecutive Monthly Declines
13-Apr-2020 Plantation - Mar-20 Stockpile Rises on Higher Output
07-Apr-2020 [转贴] [CB INDUSTRIAL PRODUCT HOLDING BHD:利润增加主要是由于较低的生产成本(较高利润率)和较高的其他利润所致,这些利润来自出售空置物业的收益] - James的股票投资James Share Investing
24-Mar-2020 Trading Stocks - CB Industrial Product
18-Mar-2020 Plantation - Clouded by Uncertainties
16-Mar-2020 M+ Online Technical Focus - 16 March 2020

Business Background

CB Industrial Product Holding Bhd provides palm oil mill equipment and spare parts to various mills around the world. In addition, the company developed its patented Continuous Sterilazation palm oil mills, which has turned it into a leading provider of turnkey mill services. The company's three segments include Plantation and Milling, Equipment and Engineering, and Special Purpose Vehicles and Investing. The Plantation and Milling segment cultivates oil palm and produces crude palm oil and palm kernel. The Equipment and Engineering segment, which generates most of the company's revenue, manufactures palm oil equipment and constructs palm oil mills. The Special Purpose Vehicles and Investing arm are comprised of various special purpose vehicle and investment holding subsidiaries.
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  6 people like this.
 
Dangel Time to accumulate?
04/11/2020 4:27 PM
KOHSIENFOOK 100%在印尼,不怕没员工,临时工一大堆。棕油价从7月回升至3千多,公司一直buy back。盈利会比上期好,还有可能暴涨。收收收 也是很少有种值股少过NTA,种值股里PE也是很低。这接下几季来,印尼,巴布新几内亚,利比亚合约要完成,还有等Q4完成售地收益都会增加盈利。这个是UMCCA说,2021财年的鲜果串产量会增加,因为印尼加里曼丹的油棕园收成增加、树龄有利及成熟地扩大。
10/11/2020 11:42 AM
KOHSIENFOOK 拜登对美国石油生产州不利,如果减产,油价上升。对印尼B30柴油有利。
10/11/2020 12:58 PM
danchong What are they waiting for?

NTA : RM1.46

PE : 11.48 (last 4 Q)

Cash in hand : Rm142mil (should be more after disposal of land)

CPO price > Rm3,300

All segments including POE, SPV, refinery, oil mill and plantations are doing better last Q. I'm expecting a much better Q results.

What nonsense is this sum-of-parts derived TP of RM0.83 by HLG?

Kenanga maintain UNDERPERFORM with an unchanged TP of RM0.780 based on FY21E PER of 9.9x. They assign a PE of 23.3 to KGB and give two back to back favourable reports on KGB and pushed up the price. Although I own KGB too, I simply can't see the logic.

Hopefully, the IBs will change their mind and start some rotational play on KLSE counters.
12/11/2020 3:58 PM
frankco By the time the research house start promoting it, they have accumulated enough shares so the logic is that they have not collected enough it .
12/11/2020 7:04 PM
frankco FCPO is heading up towards multi year high of resistance 3518 once break, will test another resistance at 3800
12/11/2020 7:12 PM
danchong Yup, hope they have accumulated enough this few days just before the announcement on the last week of this month.

CPO prices is looking good. I hope there is no shortage of labour in Kalimantan.
13/11/2020 1:26 PM
danchong Finally above Rm1, any news or just better Q results
18/11/2020 11:07 AM
Limup no news is good news, and CPO price is high now, hopefully will breakout even higher
18/11/2020 6:11 PM
lloydlim Uptrend Stock! Time to accumulate!
18/11/2020 6:57 PM
Davidl Wow! Fantastic QR, welldone CBIP
27/11/2020 6:23 PM
lohloyfoo The Group’s revenue and profit before taxation for the financial period ended 30 September 2020
increased by 32% and 153% respective as compared to the same financial period last year.

The increase in the Group’s revenue was mainly due to a new stream of revenue generated by the
refinery segment as well as the increase in revenue by the palm oil plantations and special purpose
vehicles segments. The increase in the Group’s profit before taxation was mainly due to higher
contribution from the palm oil equipment and engineering segment, lower loss incurred by the palm oil
plantations segment and the improved share of results of associates and joint venture.
28/11/2020 12:11 AM
lloydlim Next QR might breaks record high!
28/11/2020 8:11 PM
Davidl CBIP ~ another gem in plantation sector?
30/11/2020 8:57 AM
Limup faster up up to sky , hopefully reach 2 by nx month
30/11/2020 10:33 AM
lloydlim Plantation index looking forward to break new high!
30/11/2020 11:19 PM
danchong The last SBB was 2/11/20.I noticed that the transactions volume has been on the raise since 12/11/20.

I think someone has started accumulating this share.
01/12/2020 9:57 AM
Davidl FCPO is heading 3600 guys! Nothing gonna stop CBIP to generate higher revenue for FY2021.
01/12/2020 10:01 AM
danchong HLG still insisting on using SOP valuation and not a word on the Kalimantan plantation in its latest report. Even the JV & associates were mentioned but not on the Plantation Segment. Why??

Is this segment omitted in HLG SOP valuation?

The Revenue increased to 44,573,000 from 30,607,000 YoY. An increase of 45.6%.

The company started planting in 2012 and has planted 13,400 hectares in total at the end of 2019. An average of 1,675 hectares a year.

With much higher CPO prices for the last Q and more young palms coming into maturity. I think the Revenue for 2020 will be 60-70 mil.

Utilisation of its oil mill will increase too and so does the profit margin.

There is huge potential in this segment, less than 25% of the palms are in peak yield atm.
01/12/2020 10:53 AM
Davidl Momentum seems getting stronger to breakout based on TA!
01/12/2020 10:44 PM
lloydlim https://www.theedgemarkets.com/article/palm-oil-prices-keep-rising-first-half-2021-tight-supply-%E2%80%94-cpopc
02/12/2020 12:12 PM
Davidl Once roadblock at 1.15 has been successfully clear, next resistance at 1.25
02/12/2020 12:39 PM
tiknuhc finally some movement in this counter
02/12/2020 11:52 PM
Davidl Steadily moving upward! Shall c a breakout very soon!
03/12/2020 4:11 PM
tiknuhc very good. go go ! wait long time already this coounter
04/12/2020 4:55 PM
Knownfact Buyers are very cautious. Pushing it up slowly but surely
05/12/2020 9:29 AM
stockraider What does this cpo price trend below tell U leh ??

Date Settlement Price RM
3 Dec 20 3332
2 Dec 20 3316
1 Dec 20 3347
30 Nov 20 3305
27 Nov 20 3338
26 Nov 20 3227
25 Nov 20 3285
24 Nov 20 3249
23 Nov 20 3326
20 Nov 20 3288

Ans; Rising CPO price and Rising Profit loh!!

Until Sept latest qtr result cpo average is roughly rm 2600 mah!!

December QTR we will be seeing conservatively Average Price Rm 3200, that is 23% increase in price n this increase revenue will all goes to the bottom line profit as there are no cost applicable to revenue generated from price increase loh...!!

Just imagine if Average palm oil price is Rm 2800, U already see super strong profit loh!! But now we are at above 3500 loh...!!

Can U forecast & project what will palmoil company potential profit at rm 3500 cpo leh ?
05/12/2020 12:32 PM
Davidl CPO price jz broke 3600 level & heading 4000 now! Next week plantation theme no.1
05/12/2020 1:53 PM
stockraider That means the upside of palmoil above Rm 3500 is still sustainable going fwd loh!!


"Soya Bean Oil {SBO} price premium over CPO currently stand at USD 195 per tonne. Consumers in India, Pakistan and other sub continents are price sensitive."!
05/12/2020 3:56 PM
lloydlim Most of the analysts are optimistic that the current CPO uptrend is sustainable due to weak dollar + some other factors so we might experiencing a crazy bull run on plantation sector in year 2021. This surely leads CBIP to another level as of what management mentioned in their prospects. I believe FCPO to hit 4000 is achievable very soon!
06/12/2020 6:14 PM
lohloyfoo As mentioned at the latest qr, the increase in the group’s revenue was mainly due to a new stream of revenue generated by the refinery segment as well as the increase in revenue by the palm oil plantations and special purpose vehicles segments. All segments will eventually back to positive since CPO price return to 8 years high.
06/12/2020 9:05 PM
Davidl No wonder company busying buy back own shares in open market recently! Last call to load more?
06/12/2020 11:03 PM
Dangel so many sifu call buy plantation stocks today!
07/12/2020 8:48 AM
Davidl 1.20 blockage clear! Shall we c new high today?
07/12/2020 9:19 AM
Dangel last call to buy?
07/12/2020 9:20 AM
Davidl Price steadily moving upward! Wat r u waiting for?
07/12/2020 9:40 AM
lloydlim I wouldn't be surprised if price suddenly shoot up to 1.50 since CPO is so bullish.
07/12/2020 10:08 AM
Davidl https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E4%B9%90%E5%A4%A9%E4%BA%A4%E6%98%93%E4%B8%8B%E4%B8%AA%E5%B8%82%E5%9C%BA%E5%B7%A8%E6%98%9F-%E7%A7%8D%E6%A4%8D%E8%82%A1%E6%96%99%E6%8E%A5%E7%8F%AD%E6%89%8B%E5%A5%97%E8%82%A1
08/12/2020 12:05 AM
danchong In consolidation phase? How far does it go?
17/12/2020 11:39 AM
danchong https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3113546

Company SBB at current. My take is that it will form a good support level at 1.10.
18/12/2020 12:08 PM
Davidl Any price below 1.10 consider a gd buy!
18/12/2020 1:56 PM
Knownfact Started the next leg of advance? Heading to challenge the immediate resistance of 1.23?
06/01/2021 9:09 AM
necro Hurmmm.. Macam menarik
06/02/2021 5:10 PM
Petronas Post removed. Why?
12/02/2021 1:23 AM
Petronas Post removed. Why?
12/02/2021 5:53 PM
lloydlim A better than expected QR to be released soon!
25/02/2021 12:09 PM
Knownfact No QR? what's happening?
03/03/2021 9:48 AM
weisheng1998 CB INDUSTRIAL PRODUCT HOLDING BERHAD
We wish to announce that PalmitEco Engineering Sdn. Bhd. (“PESB”), a
wholly owned subsidiary of CBIPH had implemented a temporary stoppage for 14
days of its manufacturing facility in Telok Panglima Garang, Selangor from 26
February 2021 to 11 March 2021. This is done under the guidance of Kementerian
Kesihatan Malaysia (KKM).
04/03/2021 8:18 AM
Knownfact The temporary stoppage is not expected to have a significant impact on the revenue and earnings of CBIPH Group for the financial year ending 31 December 2021.
04/03/2021 10:26 AM
MM78 Is this the Palmit Ecoengineering Sdn Bhd the bio diesel plant ?
04/03/2021 5:37 PM


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