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

coralsea

18 posts

Posted by coralsea > 2014-09-19 22:49 | Report Abuse

More project is coming.
Only Papua New guinea alone has more n more potential projects.
Bewani project(owned by prospers group) already ordered 1 n will 2 or 3 more in the next few years.
Rimbunan Hijau(PNG) group already ordered 1 n may order 1 more in next few years.
Samling Gleneady's subsidiary sure need 1 mill in 2015 n cbip should be likely got the tender.
Sepik oil palm project(will be developed by wilmar international) although still in planning stage, but look at the size of project, will needs at least 3 to 4 mills.
Don't forget kulim's new Britain palm oil.

lcng123

1,110 posts

Posted by lcng123 > 2014-09-19 22:57 | Report Abuse

looks like a lot of projects waiting for cbip. i am thinking to accumulate cbip-wa upon the listing. higher potential for move up faster compare to mother share.

Posted by Jeremy Yeap Yeow Chun > 2014-09-19 23:26 | Report Abuse

When WA listing for CBIP?

lcng123

1,110 posts

Posted by lcng123 > 2014-09-20 00:11 | Report Abuse

waiting for announcement. before buy in warrant, we have to know the warrant's exercise price. according to the press, cbip plan to fund 255,700,000 from the exercise of 90,669,491 units of warrant. that mean the exercise price will be 2.82. at current price of 4.92, after bonus 1:1, cbip share price will be adjusted to 2.46. if the premium of warrant is 40%, that mean (2.46 X 1.4) - 2.82 = 0.62, warrant price will be around 62sen upon listing. so buy in if price below 62sen.

sheen0630

15 posts

Posted by sheen0630 > 2014-09-20 12:12 | Report Abuse

so can buy cbip at monday in price 4.92?

lcng123

1,110 posts

Posted by lcng123 > 2014-09-20 12:32 | Report Abuse

i would prefer to buy cbip-wa.

sheen0630

15 posts

Posted by sheen0630 > 2014-09-20 12:35 | Report Abuse

but cbip wa still haven got any announcement....

lcng123

1,110 posts

Posted by lcng123 > 2014-09-20 13:38 | Report Abuse

so just wait for announcement. they already got the approval from sc, very soon they will announce.

lcng123

1,110 posts

Posted by lcng123 > 2014-09-22 11:29 | Report Abuse

warrant exercise price was 2.86. egm of cbip will be on 17 oct and bonus issue will be confirm during egm.

sunztzhe

2,248 posts

Posted by sunztzhe > 2014-09-25 10:01 | Report Abuse

This is a sleepy boring stock for those who have lots of patience. At current price it is fairly valued. Future catalyst will come from its plantation business but the plantation business will require significant capital expenditure in current and future years. That's the main reason for the BONUS ISSUE CUM WARRANTS EXERCISE. For that I would congratulate the controlling shareholders for their long term foresight.

I really doubt that the Investment Reports had really forecasted its future business potential in 5 years time. Who will be interested to invest in this stock? Most likely the VALUE INVESTORS who sees VALUE( that means future $$$$$$$$$$ vs short term $$$$$$$$$$) who have lots of patience and can wait minimum 5 years if they are still in good health to enjoy their wins!!!

Moreover Jim Rogers the noted and most celebrated Commodity Guru had forecasted that the commodity super cycle will end by 2018- 2020 which is another max six years away. Can any investor in i3 forum here forecast the CPO price in 6 years?

Terry Kow

26 posts

Posted by Terry Kow > 2014-10-13 20:51 | Report Abuse

Expecting share price to jump down to 4.00, should sell out to convert cash now

Terry Kow

26 posts

Posted by Terry Kow > 2014-10-14 12:25 | Report Abuse

This is a good company but do remember the bursa index already sky high and Current global market down trend esp US market, my advises to sell out and hold cash again

ykgykg

341 posts

Posted by ykgykg > 2014-10-14 20:15 | Report Abuse

Pick those undervalue stock with strong cash and consistent high dividend paid out ratio.

coralsea

18 posts

Posted by coralsea > 2014-10-14 23:54 | Report Abuse

This company has no problem on getting new projects and get the project done within budget. The management is really doing a good job.

Posted by adrianzeus > 2014-10-16 16:44 | Report Abuse

Nothing to worry about market fluctuations as its common.....good opportunity to buy

raytheclay

128 posts

Posted by raytheclay > 2014-10-16 20:47 | Report Abuse

Exactly right adrianzeus! Best time to nimble and accumulate when market is fearful. Tomorrow's EGM should provide some fresh leads on the company and it's direction.

lcng123

1,110 posts

Posted by lcng123 > 2014-10-18 12:08 | Report Abuse

CBIP announce that bonus issue ex date on 4 Nov 2014.

Posted by paliainvestor > 2014-10-20 16:19 | Report Abuse

warrant @RM2.40 worth to buy?

Posted by adrianzeus > 2014-10-20 16:44 | Report Abuse

Congrats to those that managed to buy on the recent dip.......paliainvestor>>> definitely worth buying...was surprised that the exercise price is so low....

lcng123

1,110 posts

Posted by lcng123 > 2014-10-21 14:34 | Report Abuse

after ex bonus, the share price of CBIP just 2.38 (at current price of 4.76), how can it be warrant listed at 2.40?

Posted by adrianzeus > 2014-10-21 15:27 | Report Abuse

Coz it is common for a company to list their warrants at a premium (up to a premium of max 20%). The gap usually narrow after awhile...

Posted by adrianzeus > 2014-10-21 15:28 | Report Abuse

If the warrant exercise price is fixed at too low a price, there might be incidences of instant arbitrage

raytheclay

128 posts

Posted by raytheclay > 2014-10-22 21:33 | Report Abuse

RM4.80 appears to the next resistance level. Once this is broken, we should be heading towards the RM5.00 + territory. Considering one of the directors is intending to trade their shares (based on Bursa's announcement), I believe we should be seeing the RM5.00 + level before 4 Nov ex-date.

Alex Chong

712 posts

Posted by Alex Chong > 2014-10-23 11:25 | Report Abuse

The bonus share of 1:1 ordinary share + bonus warranty 1:3 ordinary share is FREE for shareholder ex-date 31/10/2014

Posted by adrianzeus > 2014-10-23 15:14 | Report Abuse

raytheclay....your predictions seems like its coming through...broke the 4.80 barrier already..

raytheclay

128 posts

Posted by raytheclay > 2014-10-23 21:07 | Report Abuse

Thanks Alex Chong - 4 Nov is the entitlement date when we will have our free warrants and bonus shares. Adrianzeus - Positive momentum seen today as we approach ex date. I will not be surprised if it touches and go beyond RM5.00 tomorrow. Question is whether it will surpass the year high of RM5.15 before ex date?

sunztzhe

2,248 posts

Posted by sunztzhe > 2014-10-24 00:38 | Report Abuse

Now every investor in CBIP is so happy and gung-ho on the latest corporate offerings which need not be said now. The business of CBIP can be considered as fair valued at this current price. However the investment in palm oil cultivation may be a good investment if one's view is CPO price will continue to appreciate in 5 to 7 years time. However in investment risk management one should also consider the "WHAT IF SCENARIO" and the "what if scenario" is "what will be the valuation of CBIP assuming that all hectares have being planted and CPO prices hit a new low 5 to 6 years from now? Have you investors considered this "WHAT IF SCENARIO" in view of the fact that commodity prices had already down trended and there is a real possibility that the secular commodity prices will continue to downtrend further in the future years?

There is a saying..."A FOOL AND HIS MONEY SHALL SOON BE PARTED". Better pray and hope that this will not be the case for CBIP in 5 to 7 years down the road. If GOD does not answer to your prayers then it's a bit late. My take is when a CPO equipment supplier gets into the game of becoming a medium oil palm plantation company at this late stage it is better to tread on the side on caution rather than be extremely ebullient as this may potentially signify the beginning of a new secular bear cycle for CPO which will LAST YEARS.

lcng123

1,110 posts

Posted by lcng123 > 2014-10-24 12:43 | Report Abuse

bonus share and warrant will be listed on 12 Nov. if CBIP share price hit 5.00 and after ex, the price will be adjusted to 2.50. warrant exercise price is 2.4o, with premium 60%, the warrant worth 1.60 (2.50 X 1.6 - 2.40).

Posted by leslieroycarter > 2014-10-25 14:22 | Report Abuse

After bonus and warrants..... Will be like hupseng coz dilution of earnings and earnings and warrant is asking for more monies..... Like hupseng previously dearly sought after even exceed RM 8.00 but now look pathetic!

Posted by leslieroycarter > 2014-10-25 14:28 | Report Abuse

With US shale oil at very low production cost of 14.50 per barrel, I m real doubtful about oil and vegetable oil future in future years ! OPEC will be in direct confrontation with US coz US can withstand a lower price for oil unlike other oil producing countries, including Malaysia will b hard hit if the price is going south instead if north.....the future for oils is bleak!

Firebird2

1,730 posts

Posted by Firebird2 > 2014-10-27 14:45 | Report Abuse

Last few days for bonus shares and warrants

raytheclay

128 posts

Posted by raytheclay > 2014-10-29 21:55 | Report Abuse

T - 1. Will we see RM5-00 tomorrow ? Some recent positive news flow on CPO price although as I mentioned previously this is not a pure plantation play; or at least not for the next 3-5 years. Commodity price (CPO, crude oil, etc) will always be volatile and cyclical in nature but the engineering and equipment business should provide some earnings certainty over the next few years.

Posted by adrianzeus > 2014-10-30 11:01 | Report Abuse

Looks like its hovering around that price range...hopefully reaches/breaches the RM5 mark...

moneycashrich

2,101 posts

Posted by moneycashrich > 2014-11-06 21:27 | Report Abuse

price going downhill..........bad sign?....any hope left?

lcng123

1,110 posts

Posted by lcng123 > 2014-11-10 11:54 | Report Abuse

CBIP的红股及凭单将在12 Nov上市。

Posted by adrianzeus > 2014-11-11 15:36 | Report Abuse

hahaha......share fluctuation is always usual.....going downhill?....drama queen

regnig

259 posts

Posted by regnig > 2014-11-11 17:55 | Report Abuse

RM2 soon

raytheclay

128 posts

Posted by raytheclay > 2014-11-11 20:16 | Report Abuse

Tomorrow is THE day for our bonus shares and warrants to be listed. Warrant price = RM0.48 ? Can we expect an upward trend in share price tomorrow ?

Posted by applebeesgrill > 2014-11-12 02:28 | Report Abuse

@raytheclay @lcng123
So where do you guys get your information exactly?

raytheclay

128 posts

Posted by raytheclay > 2014-11-12 08:30 | Report Abuse

Applebeesgrill - Listing date from Bursa website. Warrant price is my own forecast based on 20% above warrant exercise price of RM2.40.

Posted by adrianzeus > 2014-11-12 09:16 | Report Abuse

warrant price looking good...hopefully repeat tomorrow...haha

lcng123

1,110 posts

Posted by lcng123 > 2014-11-12 16:51 | Report Abuse

nobody want to sell warranty.

Posted by cck8999cck8999 > 2014-11-12 23:44 | Report Abuse

what the fair value for the new warrant ?

pathew

2,028 posts

Posted by pathew > 2014-11-13 09:26 | Report Abuse

mother share down, warrant up.... now buying at 60.5sen... go go go :)

Posted by Steven Wong > 2014-11-13 11:40 | Report Abuse

:) good but the mother share is low.

samer

1,427 posts

Posted by samer > 2014-11-13 12:28 | Report Abuse

what's the fair price of the warrant?

raytheclay

128 posts

Posted by raytheclay > 2014-11-13 23:02 | Report Abuse

Gearing (share price/warrant price) looks reasonable at the current warrant price level. I would start selling the warrants and start accumulating the mother share on price weakness.

pathew

2,028 posts

Posted by pathew > 2014-11-14 14:21 | Report Abuse

quite little warrants therefore it can command a premium and 5 years expiry. Should be ok to maintain a premium over mother share

lcng123

1,110 posts

Posted by lcng123 > 2014-11-19 12:16 | Report Abuse

anybody here know the trees planting status of cbip in indonesia? don't mind to share?

summer88

121 posts

Posted by summer88 > 2014-11-24 11:09 | Report Abuse

result out is good..

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