CB INDUSTRIAL PRODUCT HOLDING

KLSE (MYR): CBIP (7076)

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Last Price

1.35

Today's Change

+0.05 (3.85%)

Day's Change

1.28 - 1.36

Trading Volume

74,700


6 people like this.

2,164 comment(s). Last comment by Tanleechoo 4 weeks ago

mcqueen

68 posts

Posted by mcqueen > 2013-12-12 15:11 | Report Abuse

To day all market so slow ,no power...

cashonhand

577 posts

Posted by cashonhand > 2013-12-12 21:18 | Report Abuse

tq cytew..will keep to watch ...n buy periodically

cashonhand

577 posts

Posted by cashonhand > 2013-12-12 22:53 | Report Abuse

keep it till US taper on Mar 14....

Flai

3 posts

Posted by Flai > 2013-12-20 11:28 | Report Abuse

today at 3.19, is it still a good buy? Need advice.

chinesetea

1,390 posts

Posted by chinesetea > 2013-12-21 07:03 | Report Abuse

Definitely, check the price target and news. Also it is close to ex date of dividend payment. This is one of the top 10 stock with high dividend payment. This is also one of the best undervalued stock with good fundamentals and it will shine in few years time when the Palm tree are mature. It will turn into a rapid growth stock like oil and gas. I have many counters and only this can give me peace of mind (though a bit boring) whenever there is bad news or major correction. Thanks

hepitrade

5,290 posts

Posted by hepitrade > 2013-12-21 07:08 | Report Abuse

Chinesetea, what about GENP? I jus manage to earn a cup of coffee for contra...

chinesetea

1,390 posts

Posted by chinesetea > 2013-12-21 07:12 | Report Abuse

I recommend tasek and Aeon credit though a bit expensive. I don't play sin (gambling) stock. Also too volatile, just my personal taste.

chinesetea

1,390 posts

Posted by chinesetea > 2013-12-21 07:16 | Report Abuse

If you play contra, better join 932 Kaki, my time zone difference don't allow me to play contra and also want a good night sleep. Still making good money if you pick good stock and less involved and have more life. Again personal taste.

KC Loh

13,701 posts

Posted by KC Loh > 2013-12-21 10:40 | Report Abuse

Where u from chinesetea?

Alvian

334 posts

Posted by Alvian > 2013-12-21 13:32 | Report Abuse

@Kc Loh, is it still good to entering now? or wait for downside?

KC Loh

13,701 posts

Posted by KC Loh > 2013-12-21 13:41 | Report Abuse

without looking at analysts report, i value CBIP at 3.77 currently. but i think price will stay sideways for now until CPO prices improves further! long term prospects are excellent as palm oil business is ever growing!

it took about 1+ year for price to jump about 80+ sens for me. if you looking at downside, i think 2.90 is ok, but hard to see it come unless a huge bearish trend suddenly appears!

Alvian

334 posts

Posted by Alvian > 2013-12-21 13:45 | Report Abuse

Yeah currently, cpo price getting higher due to CNY and low inventory level.

KC Loh

13,701 posts

Posted by KC Loh > 2013-12-21 13:47 | Report Abuse

make your informed decision! :)

KC Loh

13,701 posts

Posted by KC Loh > 2013-12-21 13:49 | Report Abuse

their steady dividend is one of the mainstay of my decision to keep CBIP even it has gone up so much for me!

this is extra info, no charge! LOL

Firebird

94 posts

Posted by Firebird > 2013-12-21 14:06 | Report Abuse

Their palm oil equipment manufacturing and commissioning business is doing well, besides the special purpose vehicle retrofitting business. In the near future, plantations will become big business for them as they are planting up now. I have invested in this counter long term as the company is well managed and shareholders are rewarded well. If there are any sharp pullback in share price, I will add more

KC Loh

13,701 posts

Posted by KC Loh > 2013-12-21 14:15 | Report Abuse

i believe that modipalm technology will expire in two years. they are modifying the technology currently to continue to get tax breaks. have to watch out for that

Firebird

94 posts

Posted by Firebird > 2013-12-21 14:26 | Report Abuse

Thanks for that information. I believe they will be able to do that, an enhancement to that technology and tax break continuation. Checked the 5 year share price movement. 5 years ago was at Rm1.70, now 5 years later its at Rm3.20 after a 1:1 bonus in 2012, plus all the generous dividends, its a company to watch out for now and future and keep long term

Alvian

334 posts

Posted by Alvian > 2013-12-21 14:45 | Report Abuse

How much the second Interim Single Tier Dividend?

KC Loh

13,701 posts

Posted by KC Loh > 2013-12-21 14:45 | Report Abuse

i am in agreement with you Firebird!

KC Loh

13,701 posts

Posted by KC Loh > 2013-12-21 14:46 | Report Abuse

par value of share is 50sens. 10% dividend is 5 sens per share!

Firebird

94 posts

Posted by Firebird > 2013-12-21 14:48 | Report Abuse

Interim dividend 5 cents ST, ex 27/12/2013

Alvian

334 posts

Posted by Alvian > 2013-12-21 14:50 | Report Abuse

got it.. thanks

Firebird

94 posts

Posted by Firebird > 2013-12-21 15:02 | Report Abuse

You are welcome, KC Loh, Alvian.

iafx

4,632 posts

Posted by iafx > 2013-12-24 11:24 | Report Abuse

rocks!

KC Loh

13,701 posts

Posted by KC Loh > 2013-12-24 11:25 | Report Abuse

go go CBIP! :)

kenken85

724 posts

Posted by kenken85 > 2013-12-24 16:55 | Report Abuse

acuumulating.. =)jus buy share that wont disturb my sleep. Jus buy n open eye after few year. Mid-long term invest

Munger

168 posts

Posted by Munger > 2014-01-03 13:28 | Report Abuse

going into O&G?

KC Loh

13,701 posts

Posted by KC Loh > 2014-01-03 13:52 | Report Abuse

hmmm... interesting development! this could be some JV venture somewhere down the line!

KC Loh

13,701 posts

Posted by KC Loh > 2014-01-03 13:53 | Report Abuse

Lim CB is an astute businessman!

KC Loh

13,701 posts

Posted by KC Loh > 2014-01-03 15:59 | Report Abuse

go go go!

gark

924 posts

Posted by gark > 2014-01-03 16:22 | Report Abuse

manufacture palm oil mills check
manufacture boilers check
manufacture fire fighting vehicle check
Manufacture OnG equipment/vessel... ?

KC Loh

13,701 posts

Posted by KC Loh > 2014-01-03 16:43 | Report Abuse

Lim bought the company and still retained the director. maybe the company bought will/or already has inked some deals prior.

and good angle on manufacturing of the O&G parts, gark!

iafx

4,632 posts

Posted by iafx > 2014-01-03 16:50 | Report Abuse

patient! :D

gark

924 posts

Posted by gark > 2014-01-03 17:18 | Report Abuse

Bought through AVP (51% subsidiary)... this company & it's directors are politically connected...that's why can get the lucrative fire fighting vehicle conversion project.

I suspect is to manufacturer OnG equipment...

KC Loh

13,701 posts

Posted by KC Loh > 2014-01-03 18:43 | Report Abuse

about time also. 3.2x range for a while already. need impetus to move along i guess! :)

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-03 21:02 | Report Abuse

CBIP will have an exciting future, existing business, plantations coming up strong, new business. Lim Chai Beng is young energetic and intelligient, he came a long way, look back. He will lead us to greater heights.

lcng123

1,110 posts

Posted by lcng123 > 2014-01-04 12:04 | Report Abuse

cbip just purchase an oil & gas company with rm2. they are planning to enter into oil & gas business.

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-04 12:18 | Report Abuse

Good management, they think years ahead, grow, grow and grow bigger

tjhldg

27,218 posts

Posted by tjhldg > 2014-01-06 00:07 | Report Abuse

hehee ... i want i want

pathew

2,028 posts

Posted by pathew > 2014-01-06 12:38 | Report Abuse

good stuff, manage to catch on this flight before ex-div, now untung 2 sides :D

Posted by Multibagger > 2014-01-13 11:58 | Report Abuse

Tend to agree with Wisdom Wise blogger's recent post..this counter is showing uptrend. Couldn't agree more with Firebird2 also, indeed a good company!

kenken85

724 posts

Posted by kenken85 > 2014-01-21 16:28 | Report Abuse

very weird movement ..

iafx

4,632 posts

Posted by iafx > 2014-01-21 16:37 | Report Abuse

tatataaaa... new year high :D

kenken85

724 posts

Posted by kenken85 > 2014-01-21 16:39 | Report Abuse

haha... Something happening. Someone selling 3.30 when price at 3.25 and it happned. hmmm.. lets see later

MG9231

795 posts

Posted by MG9231 > 2014-01-21 16:43 | Report Abuse

interim div is coming

Posted by Carson Teor > 2014-01-21 16:52 | Report Abuse

wow 3.34 now

iafx

4,632 posts

Posted by iafx > 2014-01-21 16:56 | Report Abuse

brand new height :)

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-21 17:01 | Report Abuse

New high closing. The start of a major uptrend?

joekama

1 posts

Posted by joekama > 2014-01-21 17:26 | Report Abuse

Maybe related to TDM progress to set up a 60-tonne palm oil mill costing RM80 million as announce today.

Posted by Sugunan Nanoo > 2014-01-21 21:39 | Report Abuse

Hold or sell ? Any advise ? I bought at 2.75

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