Posted by Tanleechoo > 2017-11-10 21:11 | Report Abuse

Let wait for Q3 result ..

Posted by ACE9696 > 2017-11-19 19:42 | Report Abuse

habislah habislah
1.300 coming

Posted by Chanzeryl > 2017-11-20 11:26 | Report Abuse

Must be insider dumping in large quantity

Posted by Davidl > 2017-11-22 02:40 | Report Abuse

Downtrend towards 1.60

Posted by Y2016 > 2017-11-23 22:31 | Report Abuse

Wait long long

Posted by Yippy68 > 2017-11-27 03:42 | Report Abuse

QR should be out soon

Posted by Tanleechoo > 2017-11-28 00:26 | Report Abuse

Anxious to see Qtr result .. UP ? down ? No much changes ?

Posted by curious2 > 2017-11-28 17:46 | Report Abuse

No wonder kicked out from MSCI. Weak QR known ahead.

Posted by Davidl > 2017-11-28 18:07 | Report Abuse

Waiting at 1.50 now!

Posted by ipodkaki > 2017-11-28 18:14 | Report Abuse

Its just forex loss, mainly due to appreciation of ringgit I believe.

Posted by Tanleechoo > 2017-11-28 18:43 | Report Abuse

How much is the forex loss? Why operating exp up so high ? Can help to explain...

Posted by Tanleechoo > 2017-11-28 18:47 | Report Abuse

No wonder result release so late compared with last Qtr

Posted by Chanzeryl > 2017-11-28 18:50 | Report Abuse

Unusually large volume today. Luckily sold during share buy back by company and director few months ago.

Posted by apolloang > 2017-11-28 21:07 | Report Abuse

datuk calvin tomoro pengsan liao,profit down a lot

Posted by ipodkaki > 2017-11-28 21:08 | Report Abuse

People, go read CBIP annual report 2016, page 170 to 180..
Effects on Profit After Taxation (2016)

United States Dollar/Ringgit Malaysia:
- strengthened by 5% 3,423
- weakened by 5% (3,423)

Indonesian Rupiah/Ringgit Malaysia:
- strengthened by 5% 6,864
- weakened by 5% (6,864)

Two main issues are the appreciation of ringgit vs USD and Rupiah, which means Rupiah has been weakened when compared to Ringgit. If you compare MYR/IDR on 1st of July till 1st of October (Q3), it has risen from ~3100 to 3200, which translates to about 3.2%, it is about 4.4 million Forex loss.

Similarly, USD/MYR has been weakened since July 1st (4.3) till October 1st (~4.2), which translate to about 2.4%.,it is about 1.7 million of Forex loss.

Roughly, just this quarter they have about 6 million ringgit loss due to ringgit appreciation.

In the quarterly report saying there is 17 million ringgit FOREX loss for the financial year (till now 9 months), this means first and second quarter combined, CBIP have ~11 million forex loss.

Posted by ipodkaki > 2017-11-28 21:40 | Report Abuse

My 2 cents.

Forex loss is pretty common for a big MNC like CBIP, if you dig further into CBIP's different segments of business, it is actually doing good.
I am comparing the revenue as to me it is more important.
Palm oil engineering and process (revenue: 70.5 million vs last quarter 97 million) are bit slowing down compared to last quarter. This is understandable considered the palm oil price drops quite a bit.
Palm oil plantation - Relatively much smaller portion since the trees are still maturing ~4 million for 9 months

Retrofitting special purpose vehicles
Obviously this is the game changer, this quarter the revenue is DOUBLED (101 millions vs last quarter 50.1 million) of last quarter. I believe the company is working very hard to diversify the business from palm oil processing and switching the focus to this special purpose vehicles area.

Pros
1. The palm oil price is at one of its lowest point, I expected it shall rebound sometime.
2. CBIP's plantation's palm oil tree is maturing (See annual report in 2016)
3. The exponential growth of special purpose vehicle retrofitting

Cons
1. Ringgit continue to appreciate will further cause forex loss.

With the points above, I personally will continue to buy in CBIP's share as I am really looking forward to the SPV retrofitting and I expect the palm oil price to be coming back soon. And yes, the only risk is on the foreign exchange.

Posted by Tanleechoo > 2017-11-28 23:44 | Report Abuse

Now ringgit go stronger n stronger , this means the risk is up

Posted by notebook > 2017-11-28 23:49 | Report Abuse

1.5 SOON

Posted by calvintaneng > 2017-11-29 00:28 | Report Abuse

Don't be so pessimistic

This quarter actually not so bad lah

Revenue Increased from Rm140 millions to Rm167 millions

NTA also increased from Rm1,38 to Rm1.43

Profit down due to unforeseen circumstance and should be a One Off

Look at these

1) MODIPALM ALREADY EXPANDED TO SOUTH AMERICA

2) OIL PALM TREES MATURING WELL IN INDONESIA

3) CPO EXPORTS FROM <ALAYSIA INCREASED OVERALL THIS YEAR MEAN CONSTANT NEED FOR CBIP SERVICES

AND MODIPALM IS ALMOST A MONOPOLY!

SO ANY SELL DOWN DUE TO WEAKNESS JUST ADD.

LONGER TERM PROSPECT STILL GOOD

Posted by apolloang > 2017-11-29 00:36 | Report Abuse

tomoro sure down either more or less

Posted by apolloang > 2017-11-29 00:40 | Report Abuse

lost of confidence also on maju berak,tomoro sure lau sai cos reported loss

Posted by Yippy68 > 2017-11-29 03:14 | Report Abuse

Drop more buy more for good average, this is still a good Cinaman business in good hands.

Posted by jibbie > 2017-11-29 08:01 | Report Abuse

everyday cheaper

Posted by Yippy68 > 2017-11-29 10:30 | Report Abuse

Haha, proving CBIP is good. Bought 1.75 sold for profit at 1.83 very good day.

Posted by maxlau1223 > 2017-11-29 11:07 | Report Abuse

good for you. I log 1.75 but cant get... too late... Hope afternoon got ppl throw.

Posted by LOLANTO > 2017-11-29 11:14 | Report Abuse

Profit drop but share price up, where is the justice???

Posted by Yippy68 > 2017-11-29 11:23 | Report Abuse

I am sure you are not a businessman. Got up and down, Cbip is a strong company, 1.80 is undervalued, smart people buy and keep.

Posted by ipodkaki > 2017-11-29 12:16 | Report Abuse

As what Buffet said, revenue is more important. I have already mentioned above, value investors will add in now

Posted by Jon Choivo > 2017-11-29 12:22 | Report Abuse

How is the Modiplam machinery unique or much more useful compared to the competitors.

Who are their competitors.

What can the Modipalm machine do that others cannot do.

Posted by calvintaneng > 2017-11-29 14:46 | Report Abuse

See MODIPALM

https://www.youtube.com/watch?v=FDpy4nwFarw

NOW FULLY AUTO AND EXPANDED INTO SOUTH AMERICA

Nearest competitor is dolphin with their outdated semi auto one

Miles behind MODIPALM

Posted by leslieroycarter > 2017-11-29 15:30 | Report Abuse

28-Nov-2017 Quarter Result Quarter Result on 30-Sep-2017[#3] QoQ - -62.87% YoY - -76.11%.
QoQ dropped 62.87%
YoY dropped 76.11%
Thus , the corrections will not stop here ...

Posted by maxlau1223 > 2017-11-29 18:44 | Report Abuse

Today CBIP share buy back, that's why it didn't drop as expected?

Posted by ampabella > 2017-11-30 15:21 | Report Abuse

I follow beli satu at 1.83, wish me happy good luck, dulu Saya beli 2.20 now kena average balik

Posted by symbol > 2017-12-01 05:56 | Report Abuse

Good luck ampabela..

Posted by cheoky > 2017-12-02 13:16 | Report Abuse

guess modipalm is just a step better than conventional palm sterilization process machine. it is the customer relation and competitive pricing. cbip then himself try create the brand effect. then easier for manager to propose modipalm to the bod of palm oil mill with excuse same price better machine.

Posted by Nihar Mynihar > 2017-12-05 11:08 | Report Abuse

air terjun sudah mari ker..

Posted by ampabella > 2017-12-05 12:49 | Report Abuse

Jump at your own risk, I sulah jump 2 times, enaf oreli

Posted by Nihar Mynihar > 2017-12-06 15:22 | Report Abuse

sudah lama jump

Posted by Yippy68 > 2017-12-08 17:56 | Report Abuse

cbip buying back????

Posted by Tanleechoo > 2017-12-16 19:44 | Report Abuse

Research house quote more than Rm 2.00+++ so low PE share not necessary good Loh

Posted by Tanleechoo > 2017-12-20 22:00 | Report Abuse

Down trend !

Posted by ACE9696 > 2017-12-20 23:39 | Report Abuse

knn! pigi holland d

Posted by Yippy68 > 2017-12-21 13:48 | Report Abuse

common sense, will company and director buying back their share if heading Holland.

Posted by Tanleechoo > 2017-12-21 22:02 | Report Abuse

There is always + or - for company/ director buy back own shares.. it just want to control the free fall . Lately ,MCA is buying back star share too finally it is ..the market forces determine

Posted by Yippy68 > 2017-12-22 10:57 | Report Abuse

3 sen dividend OTW

Posted by cyeec2000 > 2017-12-22 11:10 | Report Abuse

When to be given?

Posted by Yippy68 > 2017-12-22 12:30 | Report Abuse

will announce soon. is already allocated..175 /174 look ok for a solid company.

Posted by cyeec2000 > 2017-12-23 22:07 | Report Abuse

Yup I already topped up..

Posted by ampabella > 2018-01-04 13:56 | Report Abuse

the wound is slowly healing oreli

Posted by cyeec2000 > 2018-01-04 17:26 | Report Abuse

Contracts won by CBIP