CMSB - SUPPRESS That Going To BURST UP

LogicTradingAnalysis

Publish date: Wed, 10 Jul 2024, 10:01 AM

Well, this will be a short analysis as the banker seems to be continue suppress the price hardly, obviously, and I want to tell them it going to burst up soon, no need to press the price. You guy will regret.

The price have been purposely break RM 1.40 for the third day (and put big sell queue block at RM 1.45-RM 1.46 to force people give up), and expecting more or less will continue stuck here until it suddenly break RM 1.45 and huge burst up. We will see it happen hopefully soon.

Below are the list of property own by CMSB get from latest ANNUAL REPORT:

TOTAL LAND BANK WORTH : RM 706,924,000

This not yet considered latest years of valuation, the value could be some more than 10 years ago one. Sarawak already growth along the year especially during 2022 post covid boom, value price of land, building huge up more than 30-50%. So imagine yourself.

Looking recent sale of NAIM land value of RM 223.38 million, the stock price rocket up more than double just because of it.

https://theedgemalaysia.com/node/717792

So no reason CMSB with so many land but being suppress so hard. The only reason is that banker still busy collecting and not willing to let it go up yet. Retailer should realize about it and don't wait until price shoot above RM 2.0 only then banker get analyst to write nice report and tell you to buy at high price.

Location	Date of acquisition/revaluation	Description	Usage	Tenure	Remaining lease period (expiry date)	Land area/Built up area (hectare/m)	Age of buildings	Net book value (RM'000)
Lot 4747, Block 18, Salak Land District, Kuching.	2009	Mixed zone land	Vacant land	Leasehold	33 years (2056)	0.23/N/A	-	294
Lot 5895, Section 64, Sungai Tabuan, Pending Industrial Estate, Kuching.	1996	Land & cement mill	Office & factory	Leasehold	13 years (2036)	6.25/15,223	46 years	15,352
Lot 766, Block 20, Kemena Land District, Bintulu.	1997	Land & cement mill	Office & factory	Leasehold	39 years (2062)	6.88/68,797	26 years	9,937
Lot 767, Block 20, Kemena Land District, Bintulu.	1997	Land & cement mill	Office & factory	Leasehold	39 years (2062)	7.365/N/A	24 years	8,542
Lot 1240, Block 20, Kemena Land District, Bintulu.	1997	Mixed zone land	Office & factory	Leasehold	39 years (2062)	7.37/N/A	-	2,529
Lot 11332-11334, Block 59, Muara Tuang Land District, Samarahan, Sarawak	2017	Land	Vacant land	Leasehold	54 years (2077)	4.44/N/A	-	8,305
Lot 571, Block 4, Sentah Segu Land District, Kuching.	1992/2002	Land & clinker mill	Office & factory	Leasehold	19 years (2042)	18.27/58,595	24 years	103,502
Lot 528, Block 4, Sentah Segu Land District, Kuching.	1996	Mixed zone land	Vacant land	Leasehold	49 years (2072)	0.11/N/A	-	0
Lot 872, Block 4, Sentah Segu Land District, Kuching.	1996	Mixed zone land	Vacant land	Leasehold	48 years (2071)	0.22/N/A	-	0
Lot 70, Block 9, Sentah Segu Land District, Kuching.	2013	Mixed zone land	Vacant land	Leasehold	97 years (2120)	1.30/N/A	-	26
Lot 73, Block 9, Sentah Segu Land District, Kuching.	2013	Mixed zone land	Vacant land	Leasehold	97 years (2120)	0.75/N/A	-	38
Lot 145, Block 8, Sentah Segu Land District, Kuching	2014	Mixed zone land	Vacant land	Leasehold	90 years (2113)	3.77/N/A	-	1,066
Lot 151, Block 8, Sentah Segu Land District, Kuching	2014	Mixed zone land	Vacant land	Leasehold	47 years (2070)	1.66/N/A	-	431
Lot 71, 74 & 79, Block 9, Sentah Segu Land District, Kuching	2014	Mixed zone land	Vacant land	Leasehold	90 years (2113)	6.46/N/A	-	1,829
Lot 727, Sentah Segu Land District	2018	Land	Vacant land	Leasehold	40 years (2063)	2.77/N/A	-	806
Lot 482 Block 4, Miri Concession Land District	2018	Land	Vacant land	Leasehold	13 years (2036)	1.9441/N/A	-	22,337
Lot 56, Block 5, Seduan Land District	2019	Land	Vacant land	Leasehold	87 years (2110)	1.9441/N/A	-	7,369
Lot 57 & 58, Block 5, Seduan Land District	2019	Land	Vacant land	Leasehold	91 years (2114)	1.9441/N/A	-	8,576
Lot 415, Block 32, Kemena Land District, Bintulu	1996	Industrial	Held for rental income	Leasehold	21 years (2044)	2.23/712	22 years	1,093
Lot 34 & 35, Section 15, Kuching Town Land District, Kuching	1994	4-storey shophouse	Held for rental income	Leasehold	792 years (2815)	0.41/1,400	25 years	3,147
Lot 1241, Block 20, Kemena Land District, Bintulu	1997	Industrial land	Vacant land	Leasehold	39 years (2062)	2.76/N/A	-	1,422
Lot 9882, Section 64, Kuching Town Land District, Kuching	2010	Mixed zone land	Vacant land	Leasehold	75 years (2098)	3.19/N/A	-	22,374
Lot 4717-4718, Block 18, Salak Land District, Kuching	2013	Mixed zone land	Vacant land	Leasehold	34 years (2057)	0.80/N/A	-	1,038
Lot 4719-4720, Block 18, Salak Land District, Kuching	2013	Mixed zone land	Vacant land	Freehold	In perpetuity	0.56/N/A	-	1,030
Lot 212, Block 17, Kuching Central Land District, Kuching	1996	Mixed zone land	Office & factory	Leasehold	33 years (2056)	5.04/1,700	26 years	830
Lot 2128, Sublot 2, Kuching Town Land District, Kuching	1998	3-storey shophouse	Office	Leasehold	37 years (2060)	0.01/334	25 years	254
Lot 2116, Sublot 2, Kuching Town Land District, Kuching	2003	3-storey shophouse	Office	Leasehold	37 years (2060)	0.01/328	25 years	332
Lot 220-222, Section 63, Kuching Land District, Kuching	2007	4-storey shophouses	Office	Leasehold	775 years (2797)	0.04/1,560	15 years	2,543
Lots 3169-3171, 2985-2987 & 2992, Block 7, Muara Tebas Land District, Kuching	1997	Mixed zone land	Land held for development	Leasehold	94 years (2117)	15.88/N/A	-	15,201
Lot 2839, Block 7, Muara Tebas Land District, Kuching	1997	Mixed zone land	Land held for development	Leasehold	86 years (2096)	1.67/N/A	-	1,596
Lot 2850, Block 7, Muara Tebas Land District, Kuching	1997	Mixed zone land	Land held for development	Leasehold	86 years (2109)	3.49/N/A	-	3,343
Lot 2852, Block 7, Muara Tebas Land District, Kuching	1997	Mixed zone land	Land held for development	Leasehold	86 years (2109)	2.59/N/A	-	2,483
Lot 3165-3166, Block 7, Kuching Town Land District, Kuching	1997	Mixed zone land	Land held for development	Leasehold	86 years (2109)	13.23/N/A	-	12,667
Lot 3241-3245, 3247 & 3179, Block 7, Kuching Town Land District, Kuching	1997	Mixed zone land	Land held for development	Leasehold	73 years (2109)	13.03/N/A	-	25,966
Lot 622, Section 66, Kuching Town Land District, Kuching	1998	Mixed zone land	Land held for development	Leasehold	35 years (2058)	3.14/N/A	-	3,671
Lot 2520, Section 66, Kuching Town Land District, Kuching	1998	Mixed zone land	Land held for development	Leasehold	50 years (2073)	1.7089/N/A	-	2,148
Lot 2521, Section 66, Kuching Town Land District, Kuching	1998	Mixed zone land	Land held for development	Leasehold	35 years (2058)	11.659/N/A	-	14,657
Lot 195, Block 207, Kuching North Land District, Kuching	2019	Mixed zone land	Land held for development	Leasehold	14 years (2037)	3.15/N/A	-	15,556
Lot 616, Block 207, Kuching North Land District, Kuching	2020	Mixed zone land	Land held for development	Leasehold	14 years (2037)	0.42/N/A	-	2,340
Sublot 14, Survey Lot 7648, Block 9, Salak Land District, Kuching	2017	3-storey intermediate shophouse	Held for rental income	Leasehold	75 years (2098)	0.11/328	8 years	359
Lot 7450, 8580 & 9613, Block 9, Salak Land District, Kuching	1999	Mixed zone land	Land held for township development	Leasehold	75 years (2098)	238.18/N/A	-	2,715
Lot 4786 & Lot 8740, Block 14, Salak Land District, Kuching	1999	Mixed zone land	Land held for township development	Leasehold	77 years (2100)	4.42/N/A	-	66
Lot 8385, Block 9, Salak Land District, Kuching	1999	Mixed zone land	Land held for township development	Leasehold	91 years (2114)	2.43/N/A	-	28
Lot 8582, Block 9, Salak Land District, Kuching	1999	Mixed zone land	Land held for township development	Leasehold	91 years (2114)	824.28/ N/A	-	9,243
Lot 3712, 8567,6443-6460, 6462-6478 & 7687 Block 9, Salak Land District, Kuching	1999	Mixed zone land	Land held for township development	Leasehold	75 years (2098)	28.23/ N/A	-	75
Lot 1, Block 13, Salak Land District, Kuching	1999	Mixed zone land	Land held for township development	Leasehold	75 years (2098)	349.70/ N/A	-	3,765
Lot 2082, Section 66, Kuching Town Land District, Kuching	1996	Land & factory	Office & factory	Leasehold	22 years (2045)	0.85/ 3,936	34 years	1,732
Samalaju Industrial Park, Lot 117, Block 1, Kemena Land District, Bintulu	2013	Industrial land	Vacant land	Leasehold	51 years (2073)	123.02/ N/A	-	24,590
Samalaju Industrial Park, Lot 108 & 109, Block 1, Kemena Land District, Bintulu	2015	Mixed zone land	Land held for development	Leasehold	91 years (2114)	32.95/ N/A	-	4,654
Samalaju Industrial Park, Lot 33, Block 54, Kemena Land District, Bintulu	2015	Mixed zone land	Land held for development	Leasehold	91 years (2114)	311.53/ N/A	-	68,043
Samalaju Industrial Park, Lot 143, Block 1, Kemena Land District, Bintulu	2015	Mixed zone land	Land held for development	Leasehold	91 years (2114)	22.68/ N/A	-	4,049
Samalaju Industrial Park, Lot 293, Block 1, Kemena Land District, Bintulu	2015	Mixed zone land	Land held for development	Leasehold	91 years (2114)	83.40/ N/A	-	12,914
Samalaju Industrial Park, Lot 351, Block 1, Kemena Land District, Bintulu	2015	Mixed zone land	Land held for development	Leasehold	91 years (2114)	13.60/ N/A	0	4,887
Samalaju Industrial Park, Lot 148, Block 1, Kemena Land District, Bintulu	2015	Industrial Land	For building of phosphate plant	Leasehold	50 years (2073)	141.64/ N/A	-	181,472
Lot 42410 Pekan Cempaka, Daerah Petaling, Negeri Selangor	2023	Five storey shop office	Office	Freehold	In perpetuity	0.02/ 886	27 years	3,145
Samalaju Industrial Park, Lot 132, Block 1, Kemena Land District, Bintulu	2014	Mixed zone land	Hotel	Leasehold	90 years (2113)	9.35/ 14,460	9 years	32,219
Samalaju Industrial Park, Jalan Bintulu-Miri (Coastal Road), Samalaju Industrial Park, Bintulu	-	**	Quarters, office, lodge	-	-	N/A/ 49,498	13 years	5,105
Lot 2586, Block 19, Seduan Land District, Sibu	-	**	Bulk terminal	-	-	N/A/ 6,049	13 years	8,491
Lot 3494 & Lot 3043, Block 5, Miri Concession Land District, Miri	-	**	Bulk terminal	-	-	N/A/ 5,507	13 years	9,916
Plot 73, Lot 15 & 37, Block 20, Kemena Land District	-	**	Bintulu port	-	-	N/A/ 13,621	-	978
Lot 1004 Block 4, Sentah-Segu Land District	-	**	Mambong limestone crusher site	-	-	7.255/ N/A	-	3,848

Discussions

1 person likes this. Showing 6 of 6 comments

probability

Analysis: Positive as Petros takes the helm for Sarawak’s gas

https://www.theborneopost.com/2024/07/09/analysis-positive-as-petros-takes-the-helm-for-sarawaks-gas/

Belgium’s Melexis opens its largest wafer testing site worldwide in Kuching

https://theedgemalaysia.com/node/718460

2024-07-10 17:34

leeeun

i bought it @1.13 and plan to hold for long-term.

2024-07-10 20:55

speakup

speakup bought @ rm1. still holding 💪

2024-07-10 21:34

LogicTradingAnalysis

yes hold tight and be patience, the operator and banker have been pressing hard dont let it up. but soon it will burst up !

2024-07-11 09:26

Cheah5555

An assets-rich company, the momentum to go up is pretty strong & waiting for the news release. The banker won't be able to press down much longer!

2024-07-11 10:06

LogicTradingAnalysis

you are right cheah5555 !! very soon i think ! once break RM 1.48, one shot go RM 1.60+ !!

2024-07-12 10:55

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