CYCLE & CARRIAGE BINTANG BHD

KLSE (MYR): CCB (2925)

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Last Price

2.65

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


3 people like this.

1,564 comment(s). Last comment by verbatin1969 2023-09-23 22:48

Posted by shareinvestor88 > 2017-11-06 20:16 | Report Abuse

Profit drop. Sell. Target 1.00

VegeKingII

347 posts

Posted by VegeKingII > 2017-11-11 12:57 | Report Abuse

CCB

SUPERSUN

52 posts

Posted by SUPERSUN > 2017-11-11 19:46 | Report Abuse

Lousy new management with loan and inventory so much and cause profit drop.

dompeilee

11,888 posts

Posted by dompeilee > 2017-12-01 09:54 | Report Abuse

All those who bought high & attended this year's AGM(eg Arthur lol) all nursing massive paper losses if they haven't sold already...

I have 500 shares costing 2.481 which are free thx to over $4k in profit earned in '15-'16 and have yet to buy back another 500 shares to make it 1,000 on my way(slowly) to a peak of 15,000 seen in Apr '15.

Taking my time sloooowwwwwly :D

dompeilee

11,888 posts

Posted by dompeilee > 2017-12-04 15:48 |

Post removed.Why?

yongch

1,104 posts

Posted by yongch > 2018-03-16 16:52 | Report Abuse

Tp1.50!!!

dompeilee

11,888 posts

Posted by dompeilee > 2018-04-14 09:27 | Report Abuse

I averaged down some CCB @ 1.8633 avg last week...didn't expected it to return to 2.00 so fast!

Posted by Stevecheahsw > 2018-06-19 00:37 | Report Abuse

after GST turn to 0% on 1-6-18 onward, C200, C250, C 350C, E200, E250 and GLC stocks clear in 2 weeks time!!!

Oliveoil

330 posts

Posted by Oliveoil > 2018-06-21 20:00 | Report Abuse

Hi . Is it the right timing to buy now?

NavinShah

301 posts

Posted by NavinShah > 2018-07-20 07:10 | Report Abuse

Yes, its the right time to buy...

.

James Ng

2,678 posts

Posted by James Ng > 2018-08-17 08:48 | Report Abuse

https://klse.i3investor.com/blogs/general/169970.jsp
[转贴] [CYCLE & CARRIAGE BINTANG BERHAD,销售业务有所改善] - James的股票投资James Share Investing

saltedfish

3,282 posts

Posted by saltedfish > 2018-08-24 10:54 | Report Abuse

多加注意,好戏连场

hornbill

819 posts

Posted by hornbill > 2018-12-03 10:39 | Report Abuse

CCB sale back all share in MBM back to diamler. Take eye close to Hap Seng

Posted by commonsense > 2018-12-04 07:10 | Report Abuse

Hi Supersun,

It should actually be consider bad news as it will reduce CCB profit substantially.

If you look at the 9m18 results of RM19.3mil PAT, RM11.2mil of that profit actually comes from the dividend from Mercedez Benz Malaysia Sdn Bhd (MBM).

If you to take that out, 9m18 result would have only been RM8.1mil. And if you were to exclude the RM12mil compensation from insurance claim in 2Q18 (which is none core earnings), then the core earnings of CCB would have been -RM3.9mil. Please take note that 3Q18 result of RM4.9mil could only be achieve due to the tax holiday period (which is why Revenue was high for the quarter).

In FY19 most analyst actualy expect lower profit margin for CCB due to Mercedes focus to shift to lower margin cars. So CCB would most probably post a negative result next year.

If you are interested in having an exposure to the automotive industry, then i would recommend you to consider MBMR.

The company is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 5.3x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.5x BV. 4Q18 results is expected to be higher than 3Q18 and last year 4Q17. And FY19 growth will be driven by the still high demand of new Myvi and the launch of the new SUV in 1Q19.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions.

Good luck.

saltedfish

3,282 posts

Posted by saltedfish > 2019-01-24 22:31 | Report Abuse

Up slowly everyday

Posted by come2winner > 2019-01-24 22:31 |

Post removed.Why?

omgimnoob

514 posts

Posted by omgimnoob > 2019-04-23 19:18 | Report Abuse

CCB is a charity company than a commercial? what is the management reason to list in klse?

omgimnoob

514 posts

Posted by omgimnoob > 2019-04-24 19:12 | Report Abuse

If u read carefully, all the capital expansion is not generating additional income or significant savings, meaning, the showrooms and facilities won’t affects much of their selling of products, so why spend so much? Directors relatives doing renovation company?

omgimnoob

514 posts

Posted by omgimnoob > 2019-04-24 19:14 | Report Abuse

Looking at the PL, they r just listed for the sake of listed. Pity the hardcore shareholders. And minority watch dog group does not look into this company?

Investsucess

4,761 posts

Posted by Investsucess > 2019-04-26 12:00 | Report Abuse

The company is making a lot of money, but this is accounting tricks to avoid making taxes,

Investsucess

4,761 posts

Posted by Investsucess > 2019-04-26 12:15 | Report Abuse

one day sold 30 cars,

omgimnoob

514 posts

Posted by omgimnoob > 2019-04-26 20:25 | Report Abuse

Marketing is cost, I don’t see profits. Good company can manage to pay tax and pay back to shareholders at the same time invest in capital expenditures. This is the incapability of management or there are leeches in the board or higher management!

James Ng

2,678 posts

Posted by James Ng > 2019-05-13 11:57 | Report Abuse

https://klse.i3investor.com/blogs/general/206146.jsp
[转贴] [CYCLE & CARRIAGE BINTANG BHD:预计今年剩余时间市场将继续面临挑战] - James的股票投资James Share Investing

siaoliao

917 posts

Posted by siaoliao > 2019-05-24 15:03 | Report Abuse

this name so ong sure up one , ccb

saltedfish

3,282 posts

Posted by saltedfish > 2019-05-28 07:21 | Report Abuse

Someone is definitely accumulating in the market

siaoliao

917 posts

Posted by siaoliao > 2019-05-29 14:30 | Report Abuse

what happen to CHAO CIBI ?

Mabel

23,214 posts

Posted by Mabel > 2019-07-12 00:08 | Report Abuse

Why is this counter not moving?

Posted by investers > 2019-07-12 08:24 | Report Abuse

because it is CCB

Mabel

23,214 posts

Posted by Mabel > 2019-07-12 11:32 | Report Abuse

At least my other counter SIME Darby (BMW and Porsche) is moving..

Don't tell me BMW is the flavor of the day. 2018 was a record year for Mercedes!

Mabel

23,214 posts

Posted by Mabel > 2019-07-12 20:01 | Report Abuse

See all we need is to make some noises and suddenly it when up more than 1.4% :)

SUPERSUN

52 posts

Posted by SUPERSUN > 2019-07-16 11:17 | Report Abuse

ha ha ha 1.35 now

xiong866

23 posts

Posted by xiong866 > 2019-07-16 13:38 | Report Abuse

will keep droping?

Mabel

23,214 posts

Posted by Mabel > 2019-08-03 21:26 | Report Abuse

Walla... What a pleasant surprise... Another 2% up... What more can I asked

Mercedes Benz never fail to impress me..

Let see how my Porsche and BMW doing....

Cheers

Mabel

23,214 posts

Posted by Mabel > 2019-08-26 11:17 | Report Abuse

Damn this counter seems to be going downhill..

Does anyone which other counter are also selling Mercedes beside Hapseng?

Mabel

23,214 posts

Posted by Mabel > 2019-09-12 20:24 | Report Abuse

Yawn...

truly

973 posts

Posted by truly > 2019-11-01 20:02 |

Post removed.Why?

UnicornP

2,748 posts

Posted by UnicornP > 2019-11-02 21:33 | Report Abuse

CCB will PN17. My prediction.

Mabel

23,214 posts

Posted by Mabel > 2019-11-09 00:00 | Report Abuse

hopefully not...

everyone still love Mercedes Benz :)

they need to change their management if they cannot improve...

dompeilee

11,888 posts

Posted by dompeilee > 2019-11-11 10:18 | Report Abuse

Another takeover attempt...cheapo offer of 2.20

Posted by shareprofit > 2019-11-11 10:45 | Report Abuse

congrats

Posted by Choivo Capital > 2019-11-11 11:13 | Report Abuse

I really cannot imagine why anyone would want to privatize this co, much less at RM2.20 per share.

Mabel

23,214 posts

Posted by Mabel > 2019-11-11 12:40 | Report Abuse

Cycle & Carriage shareholders will be dancing now, taken private at 2.2, 64% increase from last closing price of 1.34

nich0las

2,781 posts

Posted by nich0las > 2019-11-11 15:14 | Report Abuse

shlct, my 3.50....

icecool

4,785 posts

Posted by icecool > 2019-11-11 20:23 | Report Abuse

2.2 share holder getting free money

Posted by 爱丽丝 梦幻世界 > 2019-11-12 04:52 | Report Abuse

Hari ini limit up 1.67 ? Esok gap up 2.20 ? Saya tak tau

Grover

11 posts

Posted by Grover > 2019-11-12 08:38 | Report Abuse

wow so many queueing at 1.67

apolloang

18,163 posts

Posted by apolloang > 2019-11-12 09:19 | Report Abuse

siapa dapat at 1.67? insider dapat? queuing also not fair

Wing23

415 posts

Posted by Wing23 > 2019-11-12 10:00 | Report Abuse

insider who bought last week all earn 99

apolloang

18,163 posts

Posted by apolloang > 2019-11-12 10:35 | Report Abuse

harder to get than winning 4d. cos all fixed....it's a scam queuing

apolloang

18,163 posts

Posted by apolloang > 2019-11-12 11:47 | Report Abuse

who's the one that got it at 1.67??? bursa why no show the names?

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