CB INDUSTRIAL PRODUCT HOLDING

KLSE (MYR): CBIP (7076)

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Last Price

1.28

Today's Change

-0.01 (0.78%)

Day's Change

1.28 - 1.29

Trading Volume

15,000


6 people like this.

2,165 comment(s). Last comment by Tanleechoo 4 weeks ago

kenken85

724 posts

Posted by kenken85 > 2013-11-19 12:00 | Report Abuse

when is the quarter result out?

imoogi99

1,640 posts

Posted by imoogi99 > 2013-11-19 15:55 | Report Abuse

Should be sometime this week or next. Anyway directors are collecting.

kenken85

724 posts

Posted by kenken85 > 2013-11-19 16:33 | Report Abuse

come again...

imoogi99

1,640 posts

Posted by imoogi99 > 2013-11-19 16:54 | Report Abuse

Broken....so free flow now....the sky the limit...lol!

lcng123

1,122 posts

Posted by lcng123 > 2013-11-19 17:15 | Report Abuse

recently, there got positive news for plantation, CBIP is in the route of uptrend.

Posted by Tang Michael > 2013-11-19 17:22 | Report Abuse

Cbip is real blue chip....good dividen and high price all the time....coming close is mbl....collect before too late....just look at boilermac.....

Posted by Tang Michael > 2013-11-19 17:30 | Report Abuse

Kmloong just start to move since last friday....it is totally undervalued and it isa must buy now for plantation counters...it has stayed around 2.40 for almost a year....it is coming.......chech it out

iafx

4,632 posts

Posted by iafx > 2013-11-20 09:44 | Report Abuse

yahoooooo...

imoogi99

1,640 posts

Posted by imoogi99 > 2013-11-20 10:19 | Report Abuse

Average target is 3.36...low is 3.10 and high is 3.50. Waiting for qtrly results soon....can it reach 3.50???? Wait for market to tell.

iafx

4,632 posts

Posted by iafx > 2013-11-20 10:24 | Report Abuse

more than that if dividend continue to wow

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-11-20 11:14 | Report Abuse

More than that? How much? How do you come to the figure, if any?

ProfitMan

2,094 posts

Posted by ProfitMan > 2013-11-20 12:14 | Report Abuse

iafx, beyond 3.50 is highly optimistic and highly speculative estimation at this moment. We may be looking at an initial target price of around 3.40 based on current market conditions. Even this target price is based on optimistic calculations.

iafx

4,632 posts

Posted by iafx > 2013-11-20 12:22 | Report Abuse

profitman, u r right should that be short term (by this q). am looking at much longer term, at least two div cycles and beyond.

cytew

1,598 posts

Posted by cytew > 2013-11-20 15:06 | Report Abuse

Base on calculation , can grow 1500% in 10 years, with good CEO of Mr LIM CHAI BENG, past 14 years track record was 2500%, now 100k hectare land to be planted with oil palm over next 10 years, calculate yourself.

mmtalents

506 posts

Posted by mmtalents > 2013-11-20 15:30 | Report Abuse

I will be 1500% richer in next 10 years?

iafx

4,632 posts

Posted by iafx > 2013-11-21 09:00 | Report Abuse

no need 10 years, e.g. biodiesel in time to come will be another focus. cbip has the engineering capability plus land and other businesses.

http://www.thestar.com.my/Business/Business-News/2013/11/21/Big-impact-from-biodiesel-seen-Nationwide-implementation-to-help-stabilise-CPO-prices-reduce-domesti.aspx

sam2828

200 posts

Posted by sam2828 > 2013-11-21 20:32 | Report Abuse

dividend 5 cents :)

Steven Yong

1,251 posts

Posted by Steven Yong > 2013-11-21 20:59 | Report Abuse

result sucks, prepare sell morning, buy back later

iafx

4,632 posts

Posted by iafx > 2013-11-21 23:17 | Report Abuse

at a glance, revenue up with lower profit due to lower prices of palm; which affect all plantation co. not just cbip. this is not a bad result. of cos, u may have yr own valuation, yr $ yr choice!

cytew

1,598 posts

Posted by cytew > 2013-11-22 07:57 | Report Abuse

buy more over next few years

mmtalents

506 posts

Posted by mmtalents > 2013-11-22 10:59 | Report Abuse

typical Malaysian investor, lower quarter profit, all cannot wait to sell, look at long term lah...

imoogi99

1,640 posts

Posted by imoogi99 > 2013-11-22 11:32 | Report Abuse

Average target price increase to 3.41. Highest target is 3.83. With CPO price rising plantation company will see the benefit of investing in mills as it grows. Remember that China baby policy is now stop at two instead of one...additional mouth to feed. Yes...this is long term ATM machine. Just lower qtr profit due to billing timing....as long as they dont make losses everything is fine.

Steven Yong

1,251 posts

Posted by Steven Yong > 2013-11-23 01:00 | Report Abuse

sure not? think will buy only if drop <3

ppfoong

130 posts

Posted by ppfoong > 2013-11-23 01:08 | Report Abuse

The CBIP trees are too young to benefit much from CPO price movement now. It is like MKH few years ago. U will really need looong term investment for this.

However, its main business looks good. Just dragged down by the plantation venture.

lcng123

1,122 posts

Posted by lcng123 > 2013-11-24 20:45 | Report Abuse

MKH was excellent. Their oil palm tree need 22 to 24 months only to harvest FFB, compare to other companies who need at least 36 months. Anybody know when CBIP planted their tree?

cytew

1,598 posts

Posted by cytew > 2013-11-24 21:30 | Report Abuse

CBIP starts to plant oil palm in Indonesia early this year, when MKH first planted its oil palm trees in 2008, its share price was about 90 cents, with 4 bonus and 4 dividends over 2009,2010, 2011, 2012, the effective price is about 58 cents per share now in 2013, its oil palm start to contribute this year, its share price appreciate about 375 % over last 5 years, so it is very wise to buy CBIP at about 3+ now, please remember CBIP's land is 6 times more than MKH.

lcng123

1,122 posts

Posted by lcng123 > 2013-11-25 14:09 | Report Abuse

do you know the total size of planted trees so far?

cytew

1,598 posts

Posted by cytew > 2013-11-25 16:27 | Report Abuse

about 4000 hectares

lcng123

1,122 posts

Posted by lcng123 > 2013-11-25 16:42 | Report Abuse

how about total size of unplanted area?

gark

924 posts

Posted by gark > 2013-11-25 16:53 | Report Abuse

59000 hectares..

lcng123

1,122 posts

Posted by lcng123 > 2013-11-25 19:10 | Report Abuse

oh.. it quite a big size. thanks for your info. by the way, where you get the info? don't mind to share the links?

gark

924 posts

Posted by gark > 2013-11-25 19:11 | Report Abuse

go to cbip webpage look under presentation...

gark

924 posts

Posted by gark > 2013-11-25 19:20 | Report Abuse

CBIP plantations...

Sarawak Plantation - 11k+ ha (effective share) - 7k+ has been planted and matured

South Kalimantan - 65k land, 63k plantable - 4k+ has been planted. 6-7k per year is expected to be planted and new palm oil mill added as the plantation matures.

CBIP looking to acquire another 35k land in Kalimantan to bring plantation to total 100k

lcng123

1,122 posts

Posted by lcng123 > 2013-11-26 00:22 | Report Abuse

thanks gark.

imoogi99

1,640 posts

Posted by imoogi99 > 2013-11-26 11:59 | Report Abuse

Starts to move again....can it break 3.22???? Let's see.

iafx

4,632 posts

Posted by iafx > 2013-11-26 12:11 | Report Abuse

since 505 till this point of time, cbip has up 67c steadily :D :D

Alex Chong

712 posts

Posted by Alex Chong > 2013-11-26 16:36 | Report Abuse

TP 3.30 y next week, check it out

GF888

43 posts

Posted by GF888 > 2013-11-26 16:48 | Report Abuse

thanks cytew & gark.. good info.

imoogi99

1,640 posts

Posted by imoogi99 > 2013-11-26 23:06 | Report Abuse

Share buyback from 3.12 to 3.19 today.

Sapphire

1,765 posts

Posted by Sapphire > 2013-11-27 23:40 | Report Abuse

wow..i juz said a few words...it fly like helll... scare scare the big shark

cytew

1,598 posts

Posted by cytew > 2013-11-28 20:55 | Report Abuse

continue to accumulate this stock gradually overtimes

cytew

1,598 posts

Posted by cytew > 2013-12-09 10:53 | Report Abuse

CBIP is hitting historical high today !!!

iafx

4,632 posts

Posted by iafx > 2013-12-09 10:58 | Report Abuse

:D

imoogi99

1,640 posts

Posted by imoogi99 > 2013-12-09 15:22 | Report Abuse

Close above 3.22 it will move higher.

wm83

154 posts

Posted by wm83 > 2013-12-09 17:10 | Report Abuse

ngam ngam 3.22 wo...

KC Loh

13,701 posts

Posted by KC Loh > 2013-12-09 18:25 | Report Abuse

mainstay c/f to 2014

imoogi99

1,640 posts

Posted by imoogi99 > 2013-12-10 23:53 | Report Abuse

Nice close at 3.27....will continue to rise.

jiehan

68 posts

Posted by jiehan > 2013-12-11 08:49 | Report Abuse

what is the target price?

cytew

1,598 posts

Posted by cytew > 2013-12-11 17:42 | Report Abuse

The target price is RM 35 in 2025, 12 years from now.

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