CB INDUSTRIAL PRODUCT HOLDING

KLSE (MYR): CBIP (7076)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

1.31

Today's Change

0.00 (0.00%)

Day's Change

1.31 - 1.31

Trading Volume

7,000


6 people like this.

2,165 comment(s). Last comment by Tanleechoo 2024-09-03 18:12

raytheclay

128 posts

Posted by raytheclay > 2014-04-07 20:38 | Report Abuse

CBIP is not a pure CPO play but CPO prices do have a large impact on this counter. Looking at current CPO price and supply shortage forecasted in the coming months, this should have a very positive impact on this counter. Furthermore this company may be of interest to plantation companies as a M&A target - their expertise in construction of mills will certainly be synergistic to plantation companies.

gark

924 posts

Posted by gark > 2014-04-08 12:48 | Report Abuse

this cbip potential BI again.... hmm...

nsk82

196 posts

Posted by nsk82 > 2014-04-09 10:41 | Report Abuse

new high, rm 4.70

raytheclay

128 posts

Posted by raytheclay > 2014-04-09 11:55 | Report Abuse

I still hold to my target of RM6 :-)

Firebird2

1,730 posts

Posted by Firebird2 > 2014-04-09 12:15 | Report Abuse

Its shares moves up steadily over time. And its value becomes more apprarent in the years ahead with its third pillar coming up fast (hugh plantation). 1.Modipalm engineering. 2.SPV. 3.Plantations.
Going over Rm6.00 is a matter of how soon. Its pricing is very attractive now.

raytheclay

128 posts

Posted by raytheclay > 2014-04-09 12:36 | Report Abuse

Agree Firebird2. This counter has begun to attract a lot of interest because of its good business fundamental and growth prospects. A number of brokerages are re-rating and revising upwards their target price. RM6.00, here we come!

Firebird2

1,730 posts

Posted by Firebird2 > 2014-04-09 13:09 | Report Abuse

raytheclay, yes agreed. Rm6.00 will be the immediate target. This will soon be upgraded as this FY, the existing business will grow at least 25%. CBIP I think made a good move in investing in some existing plantations which are already producing Rev, so this in effect will alleviate their wholly owned plantation's planting up of about 6,000 ha per year besides learning to improve the business. Give it a few more years, the close to 80,000 ha will propel them to the top few major plantation companies in Malaysia. Theres value too in their plantation land in the future.

Alex Chong

712 posts

Posted by Alex Chong > 2014-04-09 13:44 | Report Abuse

Easily can reach rm6.00 this month.

regnig

259 posts

Posted by regnig > 2014-04-09 15:23 | Report Abuse

Why the transactions mostly done in 1 or 2 shares only for this counter recently? Be cautious...

Firebird2

1,730 posts

Posted by Firebird2 > 2014-04-09 15:23 | Report Abuse

This third pillar plantation business, with existing 68k ha and negotiating for 19k ha will make CBIP the likes of KLK, Batu Kawan, etc.. price tag, Rm5 billion in assets.....price Rm20 per share

nsk82

196 posts

Posted by nsk82 > 2014-04-09 15:25 | Report Abuse

regnig, sorry for your lower profit since you let go at 4.57.

it is time to buy back :)

regnig

259 posts

Posted by regnig > 2014-04-09 15:37 | Report Abuse

Yeah, will buy more later :) when correction comes

raytheclay

128 posts

Posted by raytheclay > 2014-04-09 19:20 | Report Abuse

I am very impressed and pleasantly surprised with the rising price trend the past 2 months. Questions I have is who is buying ? New investment funds or potential new investor (s)? Based on the current market cap, this counter will attract new interest from investment funds but liquidity remains a challenge as this is quite a tightly held counter. If it's a new investor (s), as long as they remain under 5%, we will never know their identity. Plantation companies should also find CBIP interesting as CBIP compliments their plantation business.

navi

368 posts

Posted by navi > 2014-04-09 19:40 | Report Abuse

had been investing in this counter since 3.11. buy and sell along the way and lock in half profit today. it was usually a sleepy counter with low vol. nowadays the volume is high and up/down +- 0.1. noticed that the main shareholder has 32.xx% direct share. 33% to hit MGO, that is the reason i am still holding some.

navi

368 posts

Posted by navi > 2014-04-09 19:41 | Report Abuse

i guess cos RHB came out new TP @ 5, got some push. same pattern when RHB issue a TP

Kevin Tan

39 posts

Posted by Kevin Tan > 2014-04-10 08:50 | Report Abuse

mine is at 2.75 in nov 2012, and still holding it, im still seeking a reason to sell it...just one minor reason

Firebird2

1,730 posts

Posted by Firebird2 > 2014-04-10 09:43 | Report Abuse

Shares issued are small at less than 300million. As it grows, I believe it will increase.

raytheclay

128 posts

Posted by raytheclay > 2014-04-12 19:21 | Report Abuse

I started accumulating at RM2.60 - RM2.80 more than a year ago but have recently started buying again at RM4.60 last week. Looking at the positive response CBIP received in the NDR in Japan along with the revelation that they do not have any competitor in the Msian market (except for a small player that is 25% of their size), I am convinced this counter will hit RM6.00 in the coming 6-12 months if their earning momentum continues.

Firebird2

1,730 posts

Posted by Firebird2 > 2014-04-12 19:41 | Report Abuse

Yes, I did add more at Rm4.63, and don't mind the current volatility. Once settled down it should be able to move up. The coming report in May should show better results I think since lately they have got more and bigger modipalm projects, bearing in mind they should be able to continue growing it.

raytheclay

128 posts

Posted by raytheclay > 2014-04-13 19:53 | Report Abuse

Let's be patient Firebird2. I am certain this counter after all its volatility will touch RM5.00 soon and RM6.00 in the coming 6-12 months. Let's be patient and enjoy the ride!

Firebird2

1,730 posts

Posted by Firebird2 > 2014-04-13 20:46 | Report Abuse

raytheclay, ok I will keep my patience and keep. Think it will move up to Rm6.00 in just the next few months hopefully, meanwhile lets enjoy some dividends in May. Thx

Posted by readingster > 2014-04-18 15:39 | Report Abuse

slowly up..hehe..great2..move2 towards 6

sosfinance

1,305 posts

Posted by sosfinance > 2014-05-05 18:42 | Report Abuse

Today's market looks like fundamental stocks and non-fundamental stocks are down. For those who holds fundamental stocks, there is no worry, either BUY more or just HOLD. For those who buy non-fundamental or popular (overvalued stock with PE of 20-30x), there is not much chances of recovery if the operators are enjoying your money in Brazil World Cup.

raytheclay

128 posts

Posted by raytheclay > 2014-05-07 22:30 | Report Abuse

Annual report is out - Chairman's statement in the report and business outlook are positive + AGM at the end of this month + quarterly results also out end of this month + share buy back + expectations for dividends = RM6.00??

danchong

502 posts

Posted by danchong > 2014-05-08 09:37 | Report Abuse

Hi FB2,Hope to see you there.

CB INDUSTRIAL PRODUCT HOLDING BERHAD
Notice of Seventeenth Annual General Meeting
Date of Meeting 29/05/2014
Time 11:00 AM
Venue Saujana Ballroom, The Saujana Hotel,
2KM, Off Jalan Sultan Abdul Aziz Shah Airport Highway, Saujana, 47200 Subang, Selangor Darul Ehsan

firebird2

1,730 posts

Posted by firebird2 > 2014-05-08 10:02 | Report Abuse

Hi DC, Yes, I hope to meet up with you too in the AGM.
I let you know when the time is near if I will be able to attend.
Thx

Alex Chong

712 posts

Posted by Alex Chong > 2014-05-09 12:06 | Report Abuse

Time to grab more now, very sure rebound soon this month or early next month to new high price.

ykgykg

341 posts

Posted by ykgykg > 2014-05-14 16:16 | Report Abuse

Excited with the annual report ! 65,000 Hectare of Palm Oil land and intend to plant up to 7,000 hectare per annum in Kalimantan,Going forward must be joining the Premier League like B. Kawan and PPB in years to come. As the plants only mature in 3 years so the profit reap in must be tremendous provided the price is sustainable above RM 2,500.

Firebird2

1,730 posts

Posted by Firebird2 > 2014-05-14 16:26 | Report Abuse

In the few years to come, when they matured, it wont be at current price. Yes big league, still unnoticed now.

Alex Chong

712 posts

Posted by Alex Chong > 2014-05-15 18:50 | Report Abuse

29/5 is the big day for all the CBIP share holders. 30/5 will be new high TP.

raytheclay

128 posts

Posted by raytheclay > 2014-05-21 21:20 | Report Abuse

Counter has been consolidating the past few weeks...good time to collect before the AGM and quarterly results next week.

Kevin Tan

39 posts

Posted by Kevin Tan > 2014-05-27 19:59 | Report Abuse

What quarterly result u will expected from cbip? Kfima having a bad experience today.

raytheclay

128 posts

Posted by raytheclay > 2014-05-27 22:06 | Report Abuse

Quarterly results should be satisfactory considering the number of projects they have secured. Hoping they declare more dividends. Counter started moving today. Expecting more positive movements tomorrow.

Firebird2

1,730 posts

Posted by Firebird2 > 2014-05-27 22:11 | Report Abuse

Looking at today, I thought good results will be soon be forthcoming. Though good results may not be interpreted as share price going up as we can see recently (Hevea). But looking at Protasco, with dividends announced, price remain steady.

Kevin Tan

39 posts

Posted by Kevin Tan > 2014-05-30 09:19 | Report Abuse

quarterly report with lower revenues but higher profit

ykgykg

341 posts

Posted by ykgykg > 2014-06-03 21:11 | Report Abuse

5 Sen dividend declared.

Kevin Tan

39 posts

Posted by Kevin Tan > 2014-06-11 12:12 | Report Abuse

wat happened to such a dip price, cant find a good reason for it

Posted by buildvalue > 2014-06-11 14:03 | Report Abuse

time to accumulate!

allan88

95 posts

Posted by allan88 > 2014-06-11 14:52 | Report Abuse

Agree. No reason for the dip.

Lance

65 posts

Posted by Lance > 2014-06-11 15:35 | Report Abuse

Due appointment of LIM ZEE PING, age 28 as an Alternate Director. LOL

Family relationship with any director and/or major shareholder of the listed issuer:
Mr Lim Zee Ping is the son of the founder Mr Lim Chai Beng and a nephew to Non
Independent Non Executive Director Mr Lim Chai Huat

Details of any interest in the securities of the listed issuer or its subsidiaries:
Mr Lim is currently owns 665,000 shares in CB Industrial Product Holding Berhad

Munger

168 posts

Posted by Munger > 2014-06-11 16:09 | Report Abuse

seems market dont favor his appointment..hahaa

Lance

65 posts

Posted by Lance > 2014-06-11 16:16 | Report Abuse

Date of Change: 06/06/2014
Type of Change: Appointment
Designation: Alternate Director
Directorate: Exec
Name: LIM ZEE PING
Age: 28
Country:
Nationality: MALAYSIAN

Qualifications:
Bachelor of Engineering in the field of Mechanical Engineering from Monash
University of Australia


Working Experience and Occupation:
Lim Zee Ping, a Malaysian aged 28, received his Bachelor of Engineering in
Mechanical Engineering from Monash University of Australia. He has worked under
Modipalm Engineering Sdn Bhd after his graduation since year 2010. Having
spending his time at the production, he is currently involving in the sales &
marketing department, where he oversees the overseas market such as Africa,
Central America and Papua New Guinea.

Lance

65 posts

Posted by Lance > 2014-06-11 16:17 | Report Abuse

http://www.heraldsun.com.au/news/internet-fraud-to-boom/story-e6frf7jo-1225812962878

Student admits web access theft
ANTONIA MAGEE HERALD SUN DECEMBER 23, 2009 12:36AM

A MONASH University student has admitted in court scamming thousands of dollars worth of internet access in what experts say is potentially a rocketing problem.

Zee Ping Lim, 23, a Malaysian mechanical engineering student, is believed to be one of the first in Victoria prosecuted for internet access theft.

Lance

65 posts

Posted by Lance > 2014-06-11 16:17 | Report Abuse

same person? LOL....wtf...

Munger

168 posts

Posted by Munger > 2014-06-11 16:28 | Report Abuse

seems he is a smart person indeed..LOL

regnig

259 posts

Posted by regnig > 2014-06-11 19:57 | Report Abuse

Maybe same name only but different person, kekeke

Posted by dreamerchant > 2014-06-11 20:33 | Report Abuse

Must be the same... Monash, age-wise seems a good fit too

Post a Comment
Market Buzz