CB INDUSTRIAL PRODUCT HOLDING

KLSE (MYR): CBIP (7076)

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Last Price

1.37

Today's Change

-0.08 (5.52%)

Day's Change

1.37 - 1.45

Trading Volume

200,700


6 people like this.

2,162 comment(s). Last comment by frankco 1 day ago

necro

4,726 posts

Posted by necro > 2021-10-06 18:07 | Report Abuse

Get ready guys for RM3

necro

4,726 posts

Posted by necro > 2021-10-07 20:08 | Report Abuse

Get ready guys for RM5000 for FCPO

History is repeating for CBIP

RM3-RM5 is on the way up

lloydlim

3,927 posts

Posted by lloydlim > 2021-10-08 00:45 | Report Abuse

Time to accumulate!

necro

4,726 posts

Posted by necro > 2021-10-11 17:40 | Report Abuse

Lai Lai Lai

Jgn Dah terbang baru nak BUY

trum

7,611 posts

Posted by trum > 2021-10-13 21:08 | Report Abuse

Too late to join

frankco

193 posts

Posted by frankco > 2021-10-15 12:34 | Report Abuse

just the beginning for the bull run

Posted by risktoreward > 2021-11-16 10:54 | Report Abuse

Masuk balik 1.27

lloydlim

3,927 posts

Posted by lloydlim > 2021-11-24 10:24 | Report Abuse

A better than expected QR to be released soon!

danchong

495 posts

Posted by danchong > 2021-11-24 16:48 | Report Abuse

today?

Davidl

1,805 posts

Posted by Davidl > 2021-11-25 18:45 | Report Abuse

Improving QR! Lagi declare 2cts. dividend. Welldone.

danchong

495 posts

Posted by danchong > 2021-11-25 21:37 | Report Abuse

"The result for the current financial period was undermined by an allowance for impairment loss on bearer plants under
dispute of RM5.7 million."

Can anyone help me to understand this more?

Posted by risktoreward > 2021-11-25 21:55 | Report Abuse

Means if not for setting aside 5.7mil for a dispute they will potentially lose, the results would be even better

lloydlim

3,927 posts

Posted by lloydlim > 2021-11-25 22:32 | Report Abuse

Cash flow very healthy & forward PE is now below 8

danchong

495 posts

Posted by danchong > 2021-11-26 10:44 | Report Abuse

Orderbook at SPV segment, on the other hand, swell to RM138m as at 30 Sep 2021 (from RM70m as at 30 Jun 2021), due to new contract secured (amounted to ~RM77m, which will be recognised over the next 2 years).

danchong

495 posts

Posted by danchong > 2021-11-26 11:37 | Report Abuse

Thanks, risktoreward. Good point but what is bearer plants dispute?

stockraider

31,556 posts

Posted by stockraider > 2021-12-10 11:48 | Report Abuse

Correctloh...if u factor in increase in cost of 10%...the production cost of CPO is Rm 2750 m/t.

Current CPO future 12 mths average ( Average from future Jan 2022 to Dec 2022) pm 4250!

U still talking about very outstanding Gross Margin of about 36% compare to usual 10% mah!

Plantation will record sky high profit going fwd loh!

Btw...usual norm of cost of production is only around Rm 2200 per tonnes!

Posted by Johnzhang > Dec 10, 2021 11:33 AM | Report Abuse

Some Investors may be concern of the labour and fertilizer cost increase on plantation company’s performance in 2022. The IBs and media are very prone to look at only one side of the equation and they seriously lack professionalism.

My view is oil palm plantation will still be laughing to the banks next year. Mind you that most big time CPO traders expect CPO to trade above $5,000 during Jan-Mac 2022 and between $4,000 to $5,000 during Apr-Dec 2022.

Cost of production (at estate level) during recent years (2017-2020) were $1,500 -$1,800 pmt CPO depending on the cost efficiency of each planter.
Average CPO price over same period (2017-2020) was about $2,490 pmt as shown in the calculation below :
2017 $2,800
2018 $2,150
2019 $2,250
2020 $2,760
-----------------
Avg $2,490
=================
Therefore, average Gross Margin in past recent years enjoyed by planters were $990 to $690 pmt CPO. (ie average CPO price $2,490 minus cost of production $1,500 to $1,800).

Due to higher labour and fertilizer costs, the cost of production is expected to increase by max. $300 pmt CPO basis. The new cost of production for 2022 shall be $1,800 -$2,100 pmt CPO.
Based on 2022's CPO price forecasted by big time CPO traders averaging $4,500 , the Gross Margin of the planters will be $2,700 to 2,400 pmt CPO.

2022's Gross Margin is 2.7 times to 3.5 times higher than the average of 2017-2020.

Just for sharing.

danchong

495 posts

Posted by danchong > 2021-12-10 13:08 | Report Abuse

On top of higher prices, the profile of palm are young and maturing fast too. I do expect production to increase significantly in 2022.

The disposal of GLM will allow the company to have more time & working capital to concentrate on productive areas.

The prospect of the company looks wonderful to me.

Posted by All_in_2021 > 2022-01-12 20:39 | Report Abuse

why the company keeps buying back the shares?

bojed

5,064 posts

Posted by bojed > 2022-01-27 18:42 | Report Abuse

Yesterday golden cross ema20/200.

Today golden cross ema50/200.

All daily emas are perfectly aligned 7/20/50/200.

I managed to buy 20k shares at 1.29 today. Hopefully this won't turn into a false signal.

Knownfact

241 posts

Posted by Knownfact > 2022-02-13 23:09 | Report Abuse

https://youtu.be/B-ZTWUkhtBU

danchong

495 posts

Posted by danchong > 2022-02-14 13:08 | Report Abuse

Sudden see Alfred Chen so bullish on a sector

necro

4,726 posts

Posted by necro > 2022-02-17 09:59 | Report Abuse

CBIP is testing 1.42-145 resistant

A successful breakout will bring price to 1.92-2.00 mark

necro

4,726 posts

Posted by necro > 2022-02-17 10:05 | Report Abuse

Pergerakan price pon cantik, market sentiment pon cantik(KLCI in bullish mode), CPO in raging bull with this scenario its pointing to one solid conclusions that palm oil company & company its related will show bullish quarterly result for first or second quarter 2022.

necro

4,726 posts

Posted by necro > 2022-02-17 10:10 | Report Abuse

The scenario is same like 2012,when world economy move out from Lehman Brothers Crisis, the inflation were high during decade ago, cyclical commodities like oil, gold & palm oil were rallied to all time high as World move from crisis.

I'm my humble opinion & experience, the commodity bull will stay for another 16months-24months before its subside, ride those commodities related stocks before its gone & don't buy at peak OK.

danchong

495 posts

Posted by danchong > 2022-02-18 14:44 | Report Abuse

The army is lining up to tackle the previous high of 1.45

frankco

193 posts

Posted by frankco > 2022-02-24 18:54 | Report Abuse

excellent result!!

necro

4,726 posts

Posted by necro > 2022-03-03 19:44 | Report Abuse

Plantation stocks & it's related will create new all time high.

Same bullish commodity cylce pattern like 2012.

Ride the trend Guys,the upside is Imminent.

After this we will have cyclical consumer stocks upcycle followed by property & finance stocks.

danchong

495 posts

Posted by danchong > 2022-03-04 06:41 | Report Abuse

Better days is in sight.

necro

4,726 posts

Posted by necro > 2022-04-14 09:59 | Report Abuse

Nice to see you grow like this CBIP

frankco

193 posts

Posted by frankco > 2022-04-20 22:35 | Report Abuse

Ukrain has missed the planting season... Many countries are stock piling food commodities and control their export of commodities. Shortage in edible oil will continue towards end of the year ..

frankco

193 posts

Posted by frankco > 2023-05-14 17:47 | Report Abuse

Thanks for your analysis!!

dompeilee

11,888 posts

Posted by dompeilee > 2023-07-20 10:15 | Report Abuse

Followed director Ah Beng's lead & bought CBIP😉

Posted by DividendGuy67 > 2023-07-30 10:49 | Report Abuse

28/7 share buyback 1.12-1.15.
27/7 share buyback 1.09-1.13
Ah Beng bought 21-24/7. Wa lau ... like this also can ahh?
I own a small speculative price position at 1.04. (This is not for dividend but price speculative). Will be looking to sell near the next resistance.

Dehcomic01

307 posts

Posted by Dehcomic01 > 2023-07-30 10:57 | Report Abuse

CBIP business is strongly linked to the performance of the plantation companies. So don't look at the stock performance of the plantation companies. Rather look at the plantation companies business performance.

Posted by DividendGuy67 > 2023-08-21 23:20 | Report Abuse

CBIP 1.18. Nice. Small is beautiful.

Dehcomic01

307 posts

Posted by Dehcomic01 > 2023-09-18 09:51 | Report Abuse

CBIP has about 20,000 ha of planted palm oil through its associates and JV. Given the acquisition of Boustead Plantation at RM 48,000 per ha, does it mean that the market has not recognized the true value of CBIP.

Posted by Ryugentrades > 2023-11-19 09:33 | Report Abuse

Adding to my watchlist. potential entry for me when there is pullback to 1.08 to 1.11 price point. Technical chart looks bullish.

Tanleechoo

364 posts

Posted by Tanleechoo > 2023-11-29 09:19 | Report Abuse

Cannt understand why the oil palm plantation still red latest QR

stockraider

31,556 posts

Posted by stockraider > 2023-11-29 12:44 | Report Abuse

Result overall good better than explaination except for palmoil plantation loh!

All its business engine on loh....i m sure plantation business will also pick up mah!

Siow Looi

418 posts

Posted by Siow Looi > 2023-11-29 16:09 | Report Abuse

Price doesn't agree with the QR

Tanleechoo

364 posts

Posted by Tanleechoo > 2 months ago | Report Abuse

Coming Qtr any exciting result ..?other than announcing share buy back

Tanleechoo

364 posts

Posted by Tanleechoo > 2 months ago | Report Abuse

Adua, ! 4%+drop ! Great co

Tanleechoo

364 posts

Posted by Tanleechoo > 1 week ago | Report Abuse

Silence means more is coming Fr CBIP.?

frankco

193 posts

Posted by frankco > 1 day ago | Report Abuse

flying

frankco

193 posts

Posted by frankco > 1 day ago | Report Abuse

there are many reasons why insider sells their share but there is only one reason why they buy their share.

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