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

0.95

Today's Change

+0.03 (3.26%)

Day's Change

0.95 - 0.95

Trading Volume

1,000


6 people like this.

2,162 comment(s). Last comment by frankco 3 weeks ago

Posted by KOHSIENFOOK > 2020-11-10 12:58 | Report Abuse

拜登对美国石油生产州不利,如果减产,油价上升。对印尼B30柴油有利。

danchong

474 posts

Posted by danchong > 2020-11-12 15:58 | Report Abuse

What are they waiting for?

NTA : RM1.46

PE : 11.48 (last 4 Q)

Cash in hand : Rm142mil (should be more after disposal of land)

CPO price > Rm3,300

All segments including POE, SPV, refinery, oil mill and plantations are doing better last Q. I'm expecting a much better Q results.

What nonsense is this sum-of-parts derived TP of RM0.83 by HLG?

Kenanga maintain UNDERPERFORM with an unchanged TP of RM0.780 based on FY21E PER of 9.9x. They assign a PE of 23.3 to KGB and give two back to back favourable reports on KGB and pushed up the price. Although I own KGB too, I simply can't see the logic.

Hopefully, the IBs will change their mind and start some rotational play on KLSE counters.

frankco

178 posts

Posted by frankco > 2020-11-12 19:04 | Report Abuse

By the time the research house start promoting it, they have accumulated enough shares so the logic is that they have not collected enough it .

frankco

178 posts

Posted by frankco > 2020-11-12 19:12 | Report Abuse

FCPO is heading up towards multi year high of resistance 3518 once break, will test another resistance at 3800

danchong

474 posts

Posted by danchong > 2020-11-13 13:26 | Report Abuse

Yup, hope they have accumulated enough this few days just before the announcement on the last week of this month.

CPO prices is looking good. I hope there is no shortage of labour in Kalimantan.

danchong

474 posts

Posted by danchong > 2020-11-18 11:07 | Report Abuse

Finally above Rm1, any news or just better Q results

Sunson

88 posts

Posted by Sunson > 2020-11-18 18:11 | Report Abuse

no news is good news, and CPO price is high now, hopefully will breakout even higher

lloydlim

3,765 posts

Posted by lloydlim > 2020-11-18 18:57 | Report Abuse

Uptrend Stock! Time to accumulate!

Davidl

1,742 posts

Posted by Davidl > 2020-11-27 18:23 | Report Abuse

Wow! Fantastic QR, welldone CBIP

lohloyfoo

79 posts

Posted by lohloyfoo > 2020-11-28 00:11 | Report Abuse

The Group’s revenue and profit before taxation for the financial period ended 30 September 2020
increased by 32% and 153% respective as compared to the same financial period last year.

The increase in the Group’s revenue was mainly due to a new stream of revenue generated by the
refinery segment as well as the increase in revenue by the palm oil plantations and special purpose
vehicles segments. The increase in the Group’s profit before taxation was mainly due to higher
contribution from the palm oil equipment and engineering segment, lower loss incurred by the palm oil
plantations segment and the improved share of results of associates and joint venture.

lloydlim

3,765 posts

Posted by lloydlim > 2020-11-28 20:11 | Report Abuse

Next QR might breaks record high!

Davidl

1,742 posts

Posted by Davidl > 2020-11-30 08:57 | Report Abuse

CBIP ~ another gem in plantation sector?

Sunson

88 posts

Posted by Sunson > 2020-11-30 10:33 | Report Abuse

faster up up to sky , hopefully reach 2 by nx month

lloydlim

3,765 posts

Posted by lloydlim > 2020-11-30 23:19 | Report Abuse

Plantation index looking forward to break new high!

danchong

474 posts

Posted by danchong > 2020-12-01 09:57 | Report Abuse

The last SBB was 2/11/20.I noticed that the transactions volume has been on the raise since 12/11/20.

I think someone has started accumulating this share.

Davidl

1,742 posts

Posted by Davidl > 2020-12-01 10:01 | Report Abuse

FCPO is heading 3600 guys! Nothing gonna stop CBIP to generate higher revenue for FY2021.

danchong

474 posts

Posted by danchong > 2020-12-01 10:53 | Report Abuse

HLG still insisting on using SOP valuation and not a word on the Kalimantan plantation in its latest report. Even the JV & associates were mentioned but not on the Plantation Segment. Why??

Is this segment omitted in HLG SOP valuation?

The Revenue increased to 44,573,000 from 30,607,000 YoY. An increase of 45.6%.

The company started planting in 2012 and has planted 13,400 hectares in total at the end of 2019. An average of 1,675 hectares a year.

With much higher CPO prices for the last Q and more young palms coming into maturity. I think the Revenue for 2020 will be 60-70 mil.

Utilisation of its oil mill will increase too and so does the profit margin.

There is huge potential in this segment, less than 25% of the palms are in peak yield atm.

Davidl

1,742 posts

Posted by Davidl > 2020-12-01 22:44 | Report Abuse

Momentum seems getting stronger to breakout based on TA!

Davidl

1,742 posts

Posted by Davidl > 2020-12-02 12:39 | Report Abuse

Once roadblock at 1.15 has been successfully clear, next resistance at 1.25

tiknuhc

69 posts

Posted by tiknuhc > 2020-12-02 23:52 | Report Abuse

finally some movement in this counter

Davidl

1,742 posts

Posted by Davidl > 2020-12-03 16:11 | Report Abuse

Steadily moving upward! Shall c a breakout very soon!

tiknuhc

69 posts

Posted by tiknuhc > 2020-12-04 16:55 | Report Abuse

very good. go go ! wait long time already this coounter

Knownfact

238 posts

Posted by Knownfact > 2020-12-05 09:29 | Report Abuse

Buyers are very cautious. Pushing it up slowly but surely

stockraider

30,826 posts

Posted by stockraider > 2020-12-05 12:32 | Report Abuse

What does this cpo price trend below tell U leh ??

Date Settlement Price RM
3 Dec 20 3332
2 Dec 20 3316
1 Dec 20 3347
30 Nov 20 3305
27 Nov 20 3338
26 Nov 20 3227
25 Nov 20 3285
24 Nov 20 3249
23 Nov 20 3326
20 Nov 20 3288

Ans; Rising CPO price and Rising Profit loh!!

Until Sept latest qtr result cpo average is roughly rm 2600 mah!!

December QTR we will be seeing conservatively Average Price Rm 3200, that is 23% increase in price n this increase revenue will all goes to the bottom line profit as there are no cost applicable to revenue generated from price increase loh...!!

Just imagine if Average palm oil price is Rm 2800, U already see super strong profit loh!! But now we are at above 3500 loh...!!

Can U forecast & project what will palmoil company potential profit at rm 3500 cpo leh ?

Davidl

1,742 posts

Posted by Davidl > 2020-12-05 13:53 | Report Abuse

CPO price jz broke 3600 level & heading 4000 now! Next week plantation theme no.1

stockraider

30,826 posts

Posted by stockraider > 2020-12-05 15:56 | Report Abuse

That means the upside of palmoil above Rm 3500 is still sustainable going fwd loh!!


"Soya Bean Oil {SBO} price premium over CPO currently stand at USD 195 per tonne. Consumers in India, Pakistan and other sub continents are price sensitive."!

lloydlim

3,765 posts

Posted by lloydlim > 2020-12-06 18:14 | Report Abuse

Most of the analysts are optimistic that the current CPO uptrend is sustainable due to weak dollar + some other factors so we might experiencing a crazy bull run on plantation sector in year 2021. This surely leads CBIP to another level as of what management mentioned in their prospects. I believe FCPO to hit 4000 is achievable very soon!

lohloyfoo

79 posts

Posted by lohloyfoo > 2020-12-06 21:05 | Report Abuse

As mentioned at the latest qr, the increase in the group’s revenue was mainly due to a new stream of revenue generated by the refinery segment as well as the increase in revenue by the palm oil plantations and special purpose vehicles segments. All segments will eventually back to positive since CPO price return to 8 years high.

Davidl

1,742 posts

Posted by Davidl > 2020-12-06 23:03 | Report Abuse

No wonder company busying buy back own shares in open market recently! Last call to load more?

Dangel

422 posts

Posted by Dangel > 2020-12-07 08:48 | Report Abuse

so many sifu call buy plantation stocks today!

Davidl

1,742 posts

Posted by Davidl > 2020-12-07 09:19 | Report Abuse

1.20 blockage clear! Shall we c new high today?

Dangel

422 posts

Posted by Dangel > 2020-12-07 09:20 | Report Abuse

last call to buy?

Davidl

1,742 posts

Posted by Davidl > 2020-12-07 09:40 | Report Abuse

Price steadily moving upward! Wat r u waiting for?

lloydlim

3,765 posts

Posted by lloydlim > 2020-12-07 10:08 | Report Abuse

I wouldn't be surprised if price suddenly shoot up to 1.50 since CPO is so bullish.

danchong

474 posts

Posted by danchong > 2020-12-17 11:39 | Report Abuse

In consolidation phase? How far does it go?

danchong

474 posts

Posted by danchong > 2020-12-18 12:08 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3113546

Company SBB at current. My take is that it will form a good support level at 1.10.

Davidl

1,742 posts

Posted by Davidl > 2020-12-18 13:56 | Report Abuse

Any price below 1.10 consider a gd buy!

Knownfact

238 posts

Posted by Knownfact > 2021-01-06 09:09 | Report Abuse

Started the next leg of advance? Heading to challenge the immediate resistance of 1.23?

necro

4,726 posts

Posted by necro > 2021-02-06 17:10 | Report Abuse

Hurmmm.. Macam menarik

Petronas

815 posts

Posted by Petronas > 2021-02-12 01:23 |

Post removed.Why?

Petronas

815 posts

Posted by Petronas > 2021-02-12 17:53 |

Post removed.Why?

lloydlim

3,765 posts

Posted by lloydlim > 2021-02-25 12:09 | Report Abuse

A better than expected QR to be released soon!

Knownfact

238 posts

Posted by Knownfact > 2021-03-03 09:48 | Report Abuse

No QR? what's happening?

Posted by weisheng1998 > 2021-03-04 08:18 | Report Abuse

CB INDUSTRIAL PRODUCT HOLDING BERHAD
We wish to announce that PalmitEco Engineering Sdn. Bhd. (“PESB”), a
wholly owned subsidiary of CBIPH had implemented a temporary stoppage for 14
days of its manufacturing facility in Telok Panglima Garang, Selangor from 26
February 2021 to 11 March 2021. This is done under the guidance of Kementerian
Kesihatan Malaysia (KKM).

Knownfact

238 posts

Posted by Knownfact > 2021-03-04 10:26 | Report Abuse

The temporary stoppage is not expected to have a significant impact on the revenue and earnings of CBIPH Group for the financial year ending 31 December 2021.

MM78

540 posts

Posted by MM78 > 2021-03-04 17:37 | Report Abuse

Is this the Palmit Ecoengineering Sdn Bhd the bio diesel plant ?

Davidl

1,742 posts

Posted by Davidl > 2021-03-07 19:49 | Report Abuse

Time to accumulate!

yong115

65 posts

Posted by yong115 > 2021-03-12 20:02 | Report Abuse

Weekly chart neckline breakout

Post a Comment
Market Buzz