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

Superb99

6,599 posts

Posted by Superb99 > 2014-02-21 17:06 | Report Abuse

Has this counter hit the max? Any idea?

Posted by joyceyee11 > 2014-02-24 12:03 | Report Abuse

continue to hold or sell? any expert can advise??

aliyusof

1,393 posts

Posted by aliyusof > 2014-02-25 13:55 | Report Abuse

Any expert advice, to hold or not, as the major shareholder also beli juga?

sam2828

200 posts

Posted by sam2828 > 2014-02-25 18:09 | Report Abuse

Good quarter report.. may break rm4

raytheclay

128 posts

Posted by raytheclay > 2014-02-25 19:49 | Report Abuse

Agree. If company can sustain this quarterly earnings for 2014, RM6 is achievable and still having a PE of about 10x.

Superb99

6,599 posts

Posted by Superb99 > 2014-02-26 09:30 | Report Abuse

market is soft today, insufficient stimulator....

Firebird2

1,730 posts

Posted by Firebird2 > 2014-02-26 10:21 | Report Abuse

Past 4Q has shown increasing EPS 7.02, 7.11, 8.29, 14.57.
Lets hope it gets better and reach Rm6.00 this year

Kevin Tan

39 posts

Posted by Kevin Tan > 2014-02-28 11:36 | Report Abuse

wah~~~~~~bungee jump ah???

Overweight

229 posts

Posted by Overweight > 2014-03-02 23:33 | Report Abuse

This counter quite boring but just hold tight for long term investment, excellence management...you'll realize that when more reward comes from this counter.

aliyusof

1,393 posts

Posted by aliyusof > 2014-03-03 13:57 | Report Abuse

Agreed. Major shareholder also buying

culain99

94 posts

Posted by culain99 > 2014-03-03 15:14 | Report Abuse

Keep Going Down...........

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-05 10:57 | Report Abuse

Boring counter is Warren Buffet's preference?

iafx

4,632 posts

Posted by iafx > 2014-03-05 11:00 | Report Abuse

+16c, rocks! atm, april ~ july cpo average up $25

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-05 11:05 | Report Abuse

Hot dry weather, CPO production lower, price higher? And CBIP higher

iafx

4,632 posts

Posted by iafx > 2014-03-05 11:31 | Report Abuse

it all boils down to demand/supply, higher cpo price means provider will enjoy higher margin. price is stable with biodiesel policy backup.

mmtalents

506 posts

Posted by mmtalents > 2014-03-05 11:32 | Report Abuse

CBIP also owned some plantation lands.. that's why higher CPO price also good for this counter

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-05 11:40 | Report Abuse

Agreed all. Its a beautiful 5 year uptrend chart. It keeps getting better and it will.

Lance

65 posts

Posted by Lance > 2014-03-05 11:47 | Report Abuse

And more years to come.

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-05 11:53 | Report Abuse

Haha, next 5 years already promising

gark

924 posts

Posted by gark > 2014-03-05 12:56 | Report Abuse

Actually CBIP is a mid size plantation.. currently have about 70k land in kalimantan...

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-05 13:07 | Report Abuse

Think its about 70-80 hectares.
Good management will turn it into value for years to come. If cpo goes to 3,000, wow

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-05 13:09 | Report Abuse

70-80k hectares

iafx

4,632 posts

Posted by iafx > 2014-03-06 09:32 | Report Abuse

looks like to create new year high soon; cpo price this year likely to trade between $2700~$2900 average (vs $2300~$2500 last year), a great boost to plantation co. core earnings this year.

1901

532 posts

Posted by 1901 > 2014-03-06 10:48 | Report Abuse

analyst work out this estimation... For every RM100/tonne inc/dec in oil palm price, profit of sime +/- by 250mil, fgv 100mil. probably small companies may do well as well, keep close watch

iafx

4,632 posts

Posted by iafx > 2014-03-06 11:05 | Report Abuse

apart from cbip, watch ioicorp earning, expect to be among the best bcos apart from plantation, ioicorp also doing very well in palm downstream businesses.

Posted by Wong Ah Hong > 2014-03-07 00:30 | Report Abuse

land in kalimantan is about 100k ha.and malaysia Sarawak joint venture about 40k ha.

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-07 10:26 | Report Abuse

What if after 4.00?

Firebird2 Been ard 3.20 for the past weeks for some time, now ard 3.40, and looks like erupting, hmm 3.6, 3.8, 4.0?
22/01/2014 14:14

Posted by adamliew > 2014-03-08 03:18 | Report Abuse

If av price is 3.66 and present close is 3.97, what next?

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-11 21:24 | Report Abuse

Just an advice, next is to do nothing

raytheclay

128 posts

Posted by raytheclay > 2014-03-13 11:03 | Report Abuse

Agree with Firebird2. Momentum and newsflows are all positive. Just enjoy the ride!

iafx

4,632 posts

Posted by iafx > 2014-03-13 12:26 | Report Abuse

beautiful!

Posted by Kian Kwok Lim > 2014-03-13 13:26 | Report Abuse

Awesome

Jye2010

42 posts

Posted by Jye2010 > 2014-03-13 13:37 | Report Abuse

wow, impressive surge. People are seeing the value now..

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-13 14:22 | Report Abuse

Thanks raytheclay. Guys, do join us for the ride

Posted by raytheclay > Feb 25, 2014 07:49 PM | Report Abuse
Agree. If company can sustain this quarterly earnings for 2014, RM6 is achievable and still having a PE of about 10x

Posted by Firebird2 > Feb 26, 2014 10:21 AM | Report Abuse X
Past 4Q has shown increasing EPS 7.02, 7.11, 8.29, 14.57.
Lets hope it gets better and reach Rm6.00 this year

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-13 14:42 | Report Abuse

Trusted the management to multiply my money the past five years, and they did. I still trust the management will multiply my money for the next five years. Please check the charts and this thread's previous comments for details

cytew

1,598 posts

Posted by cytew > 2014-03-13 20:03 | Report Abuse

I anticipate it will grow at least 1000% in next 10 years.

kevin5059

933 posts

Posted by kevin5059 > 2014-03-14 09:00 | Report Abuse

Guys, just a quick question, what's the dividend policy for this counter? Is it 40%? or??

Thank

raytheclay

128 posts

Posted by raytheclay > 2014-03-14 19:25 | Report Abuse

Do not recall that they have a dividend policy. Traditionally they pay dividend twice a year and it's about 40% of EPS but hopefully with increasing EPS, dividend will be higher this year.

Jye2010

42 posts

Posted by Jye2010 > 2014-03-17 13:12 | Report Abuse

surging at the speed that i can't catch my breath...:0

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-17 14:23 | Report Abuse

Wonder if there's any news coming up?

raytheclay

128 posts

Posted by raytheclay > 2014-03-17 15:09 | Report Abuse

Existing business is doing well and current focus on palm oil is good for this counter (positive re-rating). What I am keen to see is their plans for the oil & gas business....that could be their future business catalyst.

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-17 15:15 | Report Abuse

There could be something coming up, that cause this sudden stirring up, and likely to be some good things,, a good catalyst. I tried to top up last week and only got 1400 units through haha..

nsk82

196 posts

Posted by nsk82 > 2014-03-17 18:04 | Report Abuse

47mln palm oil mill award from Rimbunan Hijau



http://www.bursamalaysia.com/market/listed-companies/company-announcements/1568057

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-17 18:06 | Report Abuse

Oh thx nsk. This is one catalyst. Seems CBIP is very successful in this business. More and more mills are being ordered.

kevin5059

933 posts

Posted by kevin5059 > 2014-03-17 20:26 | Report Abuse

46 millions contract awarded. Finger cross.

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-17 20:35 | Report Abuse

Good to watch this shooting star tomorrow.

hsong

192 posts

Posted by hsong > 2014-03-17 22:02 | Report Abuse

I have been holding this for past few years. How much to let go?

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-17 22:04 | Report Abuse

Past few years have been rewarding to you I think, price just keep moving in uptrend, now even more compelling, why let go now? The market has just seen how good it is now.

dalpinia

2,299 posts

Posted by dalpinia > 2014-03-17 22:36 | Report Abuse

2014 rm6

hsong

192 posts

Posted by hsong > 2014-03-17 22:39 | Report Abuse

ok will continue to hold until RM6.

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