Cannot go higher 1) cpo price peak at 3200, will not rise again since el nino is over as more output and no change in demand
2) losing competition mbl growing stronger
3) overvalue as now market play is increasing risk apetite, this slow moving share will see disposal
4)overprice. Subdue outlook when low cpo price, not attractive div yield. Many counter yield higher and more resilient. Project is vulnerable especially when low cpo price.
Given consideration of cpo price is in downward trajectory and not attractive div yield with vulnerable project risk
Stock: [CBIP]: CB INDUSTRIAL PRODUCT HOLDING
2017-03-07 11:49 | Report Abuse
Cannot go higher
1) cpo price peak at 3200, will not rise again since el nino is over as more output and no change in demand
2) losing competition mbl growing stronger
3) overvalue as now market play is increasing risk apetite, this slow moving share will see disposal
4)overprice. Subdue outlook when low cpo price, not attractive div yield. Many counter yield higher and more resilient. Project is vulnerable especially when low cpo price.
Given consideration of cpo price is in downward trajectory and not attractive div yield with vulnerable project risk
Sell