Posted by paktua73 > 2 days ago | Report Abuse

paktua love new IPO..
after SET now CBHB..



tut tut
wait paktua share own reviews soon

Posted by paktua73 > 12 hours ago | Report Abuse

basic reviews on CBH

CBH
sector: Industry Products & Services?
subsector: Industrial services?
Nosh-current Nosh :1.8B?
IPO Price :rm0.28
IPO Date:16hb Jan 2025



T-Days Cycle base on IPO Date 16hb Jan 25

T-7 cycle=24hb Jan 25
T-14 cycle=10hb Feb 25


P-23=21hb Feb 25
P-34=11hb march 25
P-47=3hb April 25
P-54=14hb April 25


RP Range
base on IPO Price at rm0.28

RP Projection

RP Range base ipo rm0.28
RP+80=rm0.32
RP+120=rm0.34
RP+180=rm0.37
RP+240=rm0.40
RP+300=rm0.43
RP+450=rm0.505
RP+600=rm0.58
RP+750=rm0.655
RP+900=rm0.73


tut tut
continue

Posted by paktua73 > 12 hours ago | Report Abuse

CBH
- CBH Engineering Holding Berhad is scheduled to list on Bursa Malaysia's ACE Market on January 16, 2025, with the stock code 0339.

CBH was incorporated on December 18, 2023, in Malaysia, with the registration number 1544227V.

- The company's origins trace back to 1990 when CBH Engineering Sdn. Bhd. was established.

- CBH was co-founded by siblings Ir :-

i-Cheah Boon Hwa
ii-  Cheah Boon Kiat

- who have been instrumental in the company's development and success.

- Their leadership and vision have been pivotal in establishing CBH as a reputable entity in the engineering sector.

Main Business:

- CBH Engineering specializes in mechanical and electrical (M&E) engineering services,
including :-

Electrical Systems:

- Design, supply, installation, testing, commissioning, and maintenance of high voltage (HV), medium voltage (MV), and low voltage (LV) electrical systems.

Mechanical Systems:

- Services for air conditioning and mechanical ventilation (ACMV), fire protection, plumbing and sanitary systems, and renewable energy systems.

- The company has a diverse project portfolio encompassing substations, commercial properties (e.g., data centers, shopping malls, hotels, office towers), industrial properties (e.g., manufacturing plants, warehouses), and high-rise residential properties.


tut tut
continue..

Posted by paktua73 > 12 hours ago | Report Abuse

Financial Overview:

- CBH  has demonstrated significant financial growth in recent years :-

Revenue:
- Increased from RM67.6 million in FY2021 to RM208 million in FY2023,
- Achieving a compound annual growth rate (CAGR) of 75.4%.

- This growth was primarily driven by the M&E systems segment, notably in substations, industrial, and commercial facilities.

Gross Profit Margin (GPM):

- Maintained healthy margins over the past three years—18% in FY2021.
- 23% in FY2022,
-  and 32.4% in FY2023.

- Attributable to a favorable service mix and a reduction in lower-margin residential projects.

Profit Before Tax (PBT) Margin:

- Improved from 7.8% in FY2021 to 22.1% in FY2023, reflecting enhanced operating efficiency.

- As of the end of FY2023,
the company held a net cash position of RM42.9 million with no borrowings.


tut tut
continue..

Posted by paktua73 > 12 hours ago | Report Abuse

Similar Business Segments on Bursa Malaysia:

CBH Engineering operates within the electrical engineering sector, focusing on services related to the semiconductor and electronics industries. On Bursa Malaysia, companies with similar business segments include:

HSS Engineers Berhad:
-;Specializes in engineering and project management services within the infrastructure development sector.

WCT Holdings Berhad:
- Engages in construction and property development, including engineering and construction services for infrastructure projects.

Impact of Industry Competition on CBH's Growth Prospects in 2025:

- The presence of established competitors in the electrical engineering and related sectors presents both opportunities and challenges for CBH Engineering:

Positive Impacts:
  - Market Validation: A competitive landscape indicates robust demand and a healthy market, validating CBH's business model.
  - Innovation Drive: Competition can spur innovation, encouraging CBH to enhance service quality and efficiency.

Challenges:
  - Market Share Acquisition: CBH will need to differentiate itself to capture market share from established players.
  - Pricing Pressures: Competitive pricing strategies may impact profit margins.

To navigate these challenges and leverage opportunities, CBH plans to utilize the IPO proceeds strategically:

Procurement of Equipment:
- Allocating RM38.5 million to acquire equipment and components for future projects, enhancing operational capacity.

Subcontractor Payments:
-Designating RM18.5 million for payments to subcontractors, ensuring project scalability and timely completion.

Bank Guarantees:
-Earmarking RM17.3 million as bank guarantees for future projects, bolstering financial credibility.

Talent Acquisition:
- Investing RM3.5 million in recruiting engineers and other personnel to strengthen technical expertise.



- By focusing on these strategic areas, CBH Engineering aims to enhance its competitiveness and capitalize on growth opportunities in the electrical engineering sector throughout 2025.

tut tut
continue..

Posted by paktua73 > 12 hours ago | Report Abuse

abit reviews details on IPO fund will located

CBH Engineering Holding Berhad,

The company aims to raise approximately RM83.4 million through this initial public offering (IPO).

The allocation of the IPO proceeds is planned as follows:

- Procurement of Equipment and Components for Future Projects (46.15% or RM38.5 million): This allocation is intended to support the expansion of CBH's M&E engineering business by purchasing necessary equipment and components such as power cables, transformers, generator sets, switchgear, and high-voltage equipment for upcoming projects.

- Payment to Subcontractors for Future Projects (22.15% or RM18.48 million): Funds will be used to pay subcontractors responsible for specific aspects of M&E engineering projects, including civil, structural, architectural works, and M&E systems installation, testing, and commissioning activities.

- Bank Guarantees for Future Projects (20.73% or RM17.3 million): This portion will be utilized to provide performance bonds and letters of credit required for certain M&E engineering projects, ensuring the company fulfills its contractual obligations and secures necessary supplies.

- Recruitment of Engineers and Other Personnel (4.14% or RM3.46 million): Funds are allocated to expand the workforce by hiring additional engineers and other personnel to strengthen internal capabilities and support business growth.

- Estimated Listing Expenses (6.83% or RM5.7 million): This amount is designated to cover expenses related to the IPO process.

CBH Engineering specializes in electricity supply distribution systems for substations and end-user premises and also undertakes mechanical engineering works for building systems, including air conditioning and mechanical ventilation systems, fire protection systems, plumbing and sanitary systems, as well as renewable energy systems.


The IPO involves a public issue of 298 million new ordinary shares,
with allocations as follows:-

Malaysian Public:
- 94.05 million shares.

Eligible Directors, Employees, and Contributors:
- 28.42 million shares.

Private Placement to Selected Bumiputera Investors Approved by the Ministry of Investment, Trade, and Industry (MITI):
- 47.02 million shares.

Private Placement to Selected Investors:
- 128.52 million shares.

Additionally, there is an offer for sale of 188.09 million existing shares by way of private placement to selected Bumiputera investors approved by MITI.




tut tut
Upon listing,
CBH Engineering will have an enlarged issued share capital of 1.88 billion shares(Nosh), resulting in a market capitalization of approximately RM526.7 million.

Posted by Zachzach > 4 hours ago | Report Abuse

Hi pak tua..meet again !!

Posted by paktua73 > 4 hours ago | Report Abuse

yes zach welcome on 16hb kita berlayar yer..
now let we finished journey in SET first..

tut tut
hehe

Posted by Zachzach > 4 hours ago | Report Abuse

Orait paktua..looking frwrd

Posted by NXTKizuna > 2 hours ago | Report Abuse

Hello Paktua