C.I. HOLDINGS BHD

KLSE (MYR): CIHLDG (2828)

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Last Price

2.64

Today's Change

-0.01 (0.38%)

Day's Change

2.62 - 2.65

Trading Volume

4,000


2 people like this.

1,013 comment(s). Last comment by bullvestor 2 months ago

cstrader

937 posts

Posted by cstrader > 2016-01-23 22:11 | Report Abuse

So long term with bonus issues, share splits, free warrants. Soon will rally. 2018 election machinery not too far. PM in strong position to call elections. And no more MDB. Elections also need funding bro.

cstrader

937 posts

Posted by cstrader > 2016-01-26 11:32 | Report Abuse

Just heard RM TP phase 1 3.50 - collected some :-)

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2016-01-26 11:34 | Report Abuse

Collect onnl dips......darling stock for 2016

Jack888

874 posts

Posted by Jack888 > 2016-01-26 14:29 | Report Abuse

Black horse...buy..accumulate..will break out new high soon.

wisdomtot

645 posts

Posted by wisdomtot > 2016-01-27 11:47 | Report Abuse

3.03 nice... even nicer below 3...come to me at 2.85... hope I made the correct decision to short this gem...

cstrader

937 posts

Posted by cstrader > 2016-01-27 20:46 | Report Abuse

I think game over. Time out. Maybe back in August :-)

cstrader

937 posts

Posted by cstrader > 2016-01-28 18:12 | Report Abuse

You may collect tomorrow at 2.75 :-) Their cost 2.50

cstrader

937 posts

Posted by cstrader > 2016-02-02 19:57 | Report Abuse

Wow coming back again after shaking out the contra players. This time vengeance back to 3.50 !!!

wisdomtot

645 posts

Posted by wisdomtot > 2016-02-04 15:40 | Report Abuse

I doubt correction is over yet...

rikki

2,028 posts

Posted by rikki > 2016-02-05 15:13 | Report Abuse

Last year dec quarter result was on 11/2, hold on tight :)

cstrader

937 posts

Posted by cstrader > 2016-02-06 14:47 | Report Abuse

No volume. Cornered. No players. Easy to retest 3.30. Let's see next week.

cstrader

937 posts

Posted by cstrader > 2016-02-10 20:50 | Report Abuse

Thank you bro

cstrader

937 posts

Posted by cstrader > 2016-02-11 22:22 | Report Abuse

Once market stabilizes - retest 3.29

Posted by Mohd Fahmi Bin Jaes > 2016-02-18 17:48 | Report Abuse

quarter report out. net profit up

Posted by warrantKing > 2016-02-18 17:53 | Report Abuse

It is only 3++ sens ....@@ ,
Even double up =6sens x 4 = 24sen...
PE= 12 ++ ,
is this good quarter report??

Posted by Mohd Fahmi Bin Jaes > 2016-02-18 17:55 | Report Abuse

good. price open gap up

Posted by warrantKing > 2016-02-18 18:01 | Report Abuse

Hi Fahmi ,

Hopefully it gap up ...
But somehow it give me a kind of feeling , smtg like Johortin Qr @@

nakata

308 posts

Posted by nakata > 2016-02-18 18:15 | Report Abuse

Wow, 215% revenue increased with profit before tax 189% increased, the edible oil demand really there :)

red_85

1,259 posts

Posted by red_85 > 2016-02-18 18:36 | Report Abuse

Buy 288

Sean888

85 posts

Posted by Sean888 > 2016-02-18 19:51 | Report Abuse

Edible oil business profit margin drop from 7% to 3

nakata

308 posts

Posted by nakata > 2016-02-18 21:02 | Report Abuse

The EPS down was due to lower foreign exchange and admin fees, the revenue is stronger 33% compared to previous quarter in fact.

Anyone know what is the transaction currency about?

nakata

308 posts

Posted by nakata > 2016-02-18 21:04 | Report Abuse

by the way, I believe tomorrow will shoot up :)

nakata

308 posts

Posted by nakata > 2016-02-18 22:08 | Report Abuse

Thanks MoreSilents for enlighten!

Could you please share what is means by contract and fair value means ?

Type of Derivatives
Forward Contracts (US Dollar)
Contract/Notional Value 139,715 17,508 240,579 51,126
Fair Value (6,876) (1,314) 907 (1,961)

wan7075

239 posts

Posted by wan7075 > 2016-02-19 10:31 | Report Abuse

thanks mr silent
one thing I don't understood is currency only affected one month result (JAN), somemore cihldg has hedge USD currency for 3-6 months, so is not a big issue.
the usd only drop from 4.3x to 4.1x now, but how come got so big impact to the profit?
and the financial result is only up to 31 December 2015, may i know why you related it to Jan 2016?

thanks!

nakata

308 posts

Posted by nakata > 2016-02-19 11:20 | Report Abuse

No choice, have to let seller calm down :(

yinyin99

121 posts

Posted by yinyin99 > 2016-02-19 11:45 | Report Abuse

buy back at 2.50

Pavillion

3,100 posts

Posted by Pavillion > 2016-02-19 11:53 | Report Abuse

I think Ringgit will be around 3.90.

KG1967

409 posts

Posted by KG1967 > 2016-02-19 11:53 | Report Abuse

what happen today?

ruby828

1,000 posts

Posted by ruby828 > 2016-02-19 14:17 | Report Abuse

nxt monday....predicted...going down again..

rikki

2,028 posts

Posted by rikki > 2016-02-19 16:25 | Report Abuse

Review of Performance for 2nd Quarter as at 31 Dec 2015 ( Revenue growth was good but profit after tax was below expectation).

Financial Performance :-

A) The Group performance for the quarter under review against the corresponding quarter of the previous financial :

For the current quarter, the Group recorded revenue of RM346.54 million, an increase of 215% compared to revenue of RM110.13 million recorded in the corresponding quarter last year. The higher revenue for the current quarter and the increase in the profit after tax of RM7.58 million as compared to the profit after tax of RM2.27 million was mainly attributable to the edible oil products division.
Included in other income is an amount of RM1.14 million arising from the net realised and unrealised gain on foreign exchange.

B) Variation of Results Against Preceding Quarter

For the current quarter, the Group posted higher revenue as compared to the preceding quarter mainly due to an increase from sales in the edible oil products division. The decrease in profit after tax of RM7.58 million as compared to the preceding quarter profit after tax of RM13.80 million was due to lower foreign exchange gain during the quarter under review and higher administrative expenses attributed to higher banking facility fees, agency fees, patent registration fees and professional fees.

Current Year Prospect :-

The Group will continue with its expansion plans for revenue growth for its edible oil operations and with smart partnership tie-up with property developers for the tap-ware and sanitary ware divisions to enhance shareholders' value .

Kumi_duit

78 posts

Posted by Kumi_duit > 2016-02-19 16:41 | Report Abuse

Forex market is very profitable if we know all tactics

nakata

308 posts

Posted by nakata > 2016-02-19 17:42 | Report Abuse

@KG1976, shareholder expect more earnings from CI holding even sound revenue has been delivered, caused by lower currency gain and higher misc fees.

cstrader

937 posts

Posted by cstrader > 2016-02-20 19:10 | Report Abuse

Game over some time. All time high 3.29 the peak already. Will drift lower.

Posted by Mohd Fahmi Bin Jaes > 2016-02-21 09:29 | Report Abuse

carefull to all counter. quarter out, net profit up, price down = sell on news

nakata

308 posts

Posted by nakata > 2016-02-22 00:24 | Report Abuse

Thanks Silent to bought this up, the fact is that the revenue seem promising, it increased quarter per quarter, distribution cost have been lower, however administrative cost remain high, if they can remedy this, it could give us better EPS

nakata

308 posts

Posted by nakata > 2016-02-22 19:39 | Report Abuse

Hi silent,
I also feel disappointing on the result as you, may be i'm too optimistic as new acquired business need sometimes to settle down.

If they can keep the admin cost as Q1,

**Assume the admin expense is one-off as due to patent and etc and it keep the same value of Q1

-------------------------Q2---------Q1
Admin expenses (7,943) (5,114)

The differences of admin expense compare to previous quarter is 2829

Current quarter net profit = 6415


Current quarter EPS could be

(6,415 + 2,829) / 162000 = 5.7

nakata

308 posts

Posted by nakata > 2016-02-22 21:03 | Report Abuse

@Silent, That's another translation , so sad :(

cstrader

937 posts

Posted by cstrader > 2016-02-23 22:40 | Report Abuse

Correction over. Next test 3.28.

Posted by More Silents > 2016-03-17 18:08 | Report Abuse

USD:RM = RM4.05, Ringgit more stronger; FCPO (Palm Oil) keep going up till RM2647 (El Nino Dry Weather); if CIHLDG fails to lower down the Cost of Sales, next coming quarter result (MAY) will gap down the share price again.

pavillion

3,100 posts

Posted by pavillion > 2016-04-07 22:55 | Report Abuse

In feb. I predict USD1 to RM2.90. Strong RM would not good for co.

nakata

308 posts

Posted by nakata > 2016-05-11 22:47 | Report Abuse

These few days seem sliding down gradually, and report have been delayed...is a sign?

Posted by More Silents > 2016-05-13 09:52 | Report Abuse

This coming result sure no good. If net profit less than 6 mils, this counter boleh buang, poor management.

nakata

308 posts

Posted by nakata > 2016-05-21 14:42 | Report Abuse

was delayed more than a week, hopefully not turn to negative this quarter :)

Posted by More Silents > 2016-05-23 16:00 | Report Abuse

nakata, you know i know lo... this kind of management, wordless. But anyway, i sold all it shares.

nakata

308 posts

Posted by nakata > 2016-05-24 21:43 | Report Abuse

Silent, sound like you also lost the confident ..giving me a lesson too, good business must run by good management too..

wisdomtot

645 posts

Posted by wisdomtot > 2016-05-25 18:08 | Report Abuse

Even with 6mill net profit, current share price is still on the high side

Posted by More Silents > 2016-05-26 16:49 | Report Abuse

2 words, lousy management... revenue keep growing but net profit less like hell.

Posted by More Silents > 2016-05-26 16:52 | Report Abuse

Last 2 quarters they said to spend 10 mils to upgrade the existing machine (automated) to lower down costs, money spent but no improvement? Who going to CIHLDG AGM, please ask this question for me. Thanks!

1901

532 posts

Posted by 1901 > 2016-08-24 12:50 | Report Abuse

slow-slow go-go

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