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Overview
Financial Highlight
HeadlinesBusiness 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.
  bc8660 Cbip is my old favor of plantation stock, this time buy in again with strong CPO price. 12/11/2019 7:14 PM kinuxian Another stock benefited from better CPO and their Gulf Lube biodiesel plant shall be ready by end 19. Palm oil segment shall start contributing in coming 1-2 quarters and compensate the weak segment in SPV. 10/12/2019 9:53 AM prahadude CBIP has 3 core business 1.Oil mill one stop centre and a market leader in this field. 2.Retrofitting SPV 3.Palm oil plantation With NTA at 1.45 and a generous yearly dividend of 3.7%. 1.When CPO rises, more landbank will be planted, more mills would be needed. 2.For SPV , contracts are expected to be given after quiet years in 2017,2018. The star of the company is its palm oil plantation, which trees are 5-7 years old and are already yielding fruits. Its losses in this segment has been reducing over the years : FY2018 a loss of RM8.7mil, with latest Q narrowed to a loss of RM1.5mil. The CEO expects its plantation segment to break even at FY20 and profitable in FY21, when it was reported in June2019 when CPO hovering around rm1800. https://www.thestar.com.my/business/business-news/2019/06/03/cbip-counts-onplantation-ops With CPO price above RM3000 currently , its plantation segment is super undervalued. Its current share price is being assumed its plantation segment is still loss making/breakeven, which isn’t the case with this CPO rally. CBIP is a hidden gem, mainly because everybody overlooked its plantation segment. Majority of small-medium palm oil players had rallied >100% . CBIP share price hovers around RM2-2.5 when CPO prices are around RM2000-2500 in 2015-2018. A 100% increase would just bring it to where it was 4 years back , when its palm trees wasn’t even yielding fruits yet ! Remember,CBIP has a good management team which was recognised internationally .CBIP was awarded Forbes Best under a billion award for 2006,2007,2008 and 2013. Share volume is below 1mil, almost the same throughout 2019, indicating no big players is manipulating the price. Furthermore, management is supporting this price through share buy backs . You have 3 months to accumulate before the next quarter report, which will show tremendous improvement. By then the cat is already out of the bag. 30/12/2019 1:00 PM kinuxian Just be patient. It should back to 1.2 range pretty soon once palm oil segment report profit and Gulf Lube biodiesel plant start operate. https://www.theedgemarkets.com/article/earnings-boost-seen-plantation-sector-2020 SPV segment.. vehicle is wear and tear stuff.. there're good chance for them secure new deal by 2020/21 after mute for few years. 31/12/2019 9:42 AM dalpinia https://themalaysianreserve.com/2017/04/03/mkh-eyes-listing-for-plantation-division/ 02/01/2020 9:44 AM dalpinia “You can have my word that our production will catch up. In fact, it already has,” executive chairman Tan Sri Alex Chen (pictured) told The Edge Financial Daily. “Trees at our two main parcels are aged between six and 10 years, so about 90% of our trees are now bearing fruits.” 12nd Mar 2018 https://www.edgeprop.my/content/1293502/year-harvest-mkh 02/01/2020 9:47 AM  erkongseng The stock price reflects the net profit at the end. When the net profit comes up, the P / E ratio becomes lower. OK, 1.50 Zhai Lin has a boss who has integrity and has created wealth for shareholders for many years. The current share price of 118 is also a good opportunity for capital appreciation. To grasp the slump in the share price, the company has built 80 palm oil refineries worldwide. Modipalm patent, has strength. Many investment banks must go home to buy 7076. In addition to not knowing the goods, they lack vision. 02/01/2020 9:49 AM dalpinia MKH is targeting an FFB output of 420,000 tonnes in FY18, along with an oil extraction rate of 22%, kernel extraction rate of 4% and CPO production of 94,000 tonnes. Its CPO selling price budget has been fixed at RM2,300 for the year. 02/01/2020 9:49 AM kinuxian Probably touch below 1.1x due to profit taking and Middle East tension. 06/01/2020 11:50 AM prahadude 1.Profit still intact from the CPO > RM3K. 2.Malaysia, Thailand, Indonesia rolling out biodiesel blending well with Gulf Lube subsidiary. Fundamentals unchanged . 06/01/2020 12:22 PM kinuxian Palm oil segment still on negative as of last quarter. It widen actually compared to 2018 (y2y). Just be caution where next QR can be just moderate. Revenue is still in falling stage. No need to rush but collect it slowly. 08/01/2020 12:20 PM dalpinia MKH is safe as they are 100% plantation in Kalimantan, can switch to MKH 08/01/2020 3:04 PM lloydlim This stock surely can NOT buy at current price level, kindly tk noted guys! Safe your bullets. 08/01/2020 5:25 PM bonbon Everytime when erkongseng keluar, everyone should be careful..the share price is surely drop. . A piece of advise to mr. erkongseng, if you want to buy just buy, no one is stopping you. But please, no need to make an announcement here and shout shout shout. 10/01/2020 3:20 PM bonbon I notice he always come out and shout buy buy buy when the price has already raised a lot. Just be careful especially the newbie 10/01/2020 3:32 PM dalpinia Switched to MKH as India will buy more CPO from Indonesia, MKH plantation 100% in Kalimantan will be benefited 14/01/2020 4:59 PM fahloong own contractor money more than 3 month already ... ask for payment push here and there 16/01/2020 2:47 PM i3gambler We can expect revenue from the plantation segment is shooting through the roof. https://klse.i3investor.com/blogs/gambler/2020-01-26-story-h1482930285-CBIP_The_Plantation_Production_Revenue_will_Explode_and_Shoot_through_t.jsp 26/01/2020 2:34 PM lloydlim Erkongseng is cooperate with market operator so he will promote the stock after the price shooting up a lot in order to accomplish his mission. Newbie need to alert to this Conman! 30/01/2020 12:00 PM i3gambler The coming Q4 2019's result should be improving as the FFB increase but the price not yet up, The real good will be the Q1 2020 as the FFB production and price both increase. 31/01/2020 7:19 PM lloydlim https://www.thestar.com.my/business/business-news/2020/02/06/upstream-planters-likely-to-do-better 07/02/2020 2:20 AM kinuxian https://www.freemalaysiatoday.com/category/nation/2020/03/05/india-not-extending-5-safeguard-duty-on-malaysian-palm-oil/ 05/03/2020 11:22 AM  | | ||||||||||||||||||||||||||||||||||||||||||||||||
