CB INDUSTRIAL PRODUCT HOLDING

KLSE (MYR): CBIP (7076)

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Last Price

1.31

Today's Change

+0.04 (3.15%)

Day's Change

1.31 - 1.31

Trading Volume

100

Overview

Market Cap

646 Million

NOSH

538 Million

Avg Volume (4 weeks)

160,042

4 Weeks Range

1.23 - 1.52

4 Weeks Price Volatility (%)

27.59%

52 Weeks Range

1.08 - 1.76

52 Weeks Price Volatility (%)

33.82%

Previous Close

1.31

Open

1.31

Bid

1.26 x 1,000

Ask

1.29 x 10,000

Day's Range

1.31 - 1.31

Trading Volume

100

Financial Highlight

Latest Quarter | Ann. Date

31-Mar-2022 [#1] | 30-May-2022

Next QR | Est. Ann. Date

30-Jun-2022 | 26-Aug-2022

T4Q P/E | EY

8.09 | 12.36%

T4Q DY | Payout %

2.75% | 22.24%

T4Q NAPS | P/NAPS

1.51 | 0.87

T4Q NP Margin | ROE

14.95% | 10.74%

Market Buzz
Company Profile

Sector: INDUSTRIAL PRODUCTS & SERVICES

Sector: INDUSTRIAL PRODUCTS & SERVICES

Subsector: INDUSTRIAL MATERIALS, COMPONENTS & EQUIPMENT

Subsector: INDUSTRIAL MATERIALS, COMPONENTS & EQUIPMENT

Description:

CB Industrial Product Holding Bhd provides palm oil mill equipment and spare parts to various mills around the world. In addition, the company developed its patented Continuous Sterilazation palm oil mills, which has turned it into a leading provider of turnkey mill services. The company's three segments include Plantation and Milling, Equipment and Engineering, and Special Purpose Vehicles and Investing. The Plantation and Milling segment cultivates oil palm and produces crude palm oil and palm kernel. The Equipment and Engineering segment, which generates most of the company's revenue, manufactures palm oil equipment and constructs palm oil mills. The Special Purpose Vehicles and Investing arm are comprised of various special purpose vehicle and investment holding subsidiaries.

Discussions
6 people like this. Showing 50 of 2,164 comments

Zuliana

Air terjun

2021-06-21 16:15

Reichwerden

Palm CPO price jatuh kuat kuat

2021-06-24 13:26

Mynihar Nihar

oh

2021-06-24 16:48

danchong

Do they make ambulance?

2021-06-25 21:24

risktoreward

enter @ 1.28

2021-08-16 16:06

Davidl

Better than expected QR! Welldone CBIP!

2021-08-26 18:14

danchong

Plantation & Refinery will contribute more significantly in the Q to come

2021-08-26 21:40

lohloyfoo

The Board is optimistic that the Group will be able to achieve satisfactory results so hold tight tight to enjoy dividend.

2021-08-26 22:11

lloydlim

This stock shall challenge new high very soon!

2021-08-27 10:09

Knownfact

HLG sum-of-parts TP of RM1.27 is total rubbish.

better-than-expected performance at refinery segment is a great surprise.

It is good to know that Orderbook at oil mill engineering segment trended up to RM345m as at 30 Jun 2021 (from RM289m as at 31 Mar 2021), as the group secured 4 new contracts in Indonesia during 2Q21.

Very disappointed with the upstream plantation segment.

2021-08-27 13:53

Dangel

Orderbook for mill engineering segment will continues to go up at Q3 so it is safe now for investor to enter at current price level.

2021-08-27 14:25

risktoreward

released at 1.29

2021-09-15 18:58

necro

Get ready guys for RM3

2021-10-06 18:07

necro

Get ready guys for RM5000 for FCPO

History is repeating for CBIP

RM3-RM5 is on the way up

2021-10-07 20:08

lloydlim

Time to accumulate!

2021-10-08 00:45

necro

Lai Lai Lai

Jgn Dah terbang baru nak BUY

2021-10-11 17:40

trum

Too late to join

2021-10-13 21:08

frankco

just the beginning for the bull run

2021-10-15 12:34

risktoreward

Masuk balik 1.27

2021-11-16 10:54

lloydlim

A better than expected QR to be released soon!

2021-11-24 10:24

danchong

today?

2021-11-24 16:48

Davidl

Improving QR! Lagi declare 2cts. dividend. Welldone.

2021-11-25 18:45

danchong

"The result for the current financial period was undermined by an allowance for impairment loss on bearer plants under
dispute of RM5.7 million."

Can anyone help me to understand this more?

2021-11-25 21:37

risktoreward

Means if not for setting aside 5.7mil for a dispute they will potentially lose, the results would be even better

2021-11-25 21:55

lloydlim

Cash flow very healthy & forward PE is now below 8

2021-11-25 22:32

danchong

Orderbook at SPV segment, on the other hand, swell to RM138m as at 30 Sep 2021 (from RM70m as at 30 Jun 2021), due to new contract secured (amounted to ~RM77m, which will be recognised over the next 2 years).

2021-11-26 10:44

danchong

Thanks, risktoreward. Good point but what is bearer plants dispute?

2021-11-26 11:37

All_in_2021

how does this impact, can share your view -->
https://www.theedgemarkets.com/article/cb-industrial-disposes-stake-bi...

2021-12-09 19:51

stockraider

Correctloh...if u factor in increase in cost of 10%...the production cost of CPO is Rm 2750 m/t.

Current CPO future 12 mths average ( Average from future Jan 2022 to Dec 2022) pm 4250!

U still talking about very outstanding Gross Margin of about 36% compare to usual 10% mah!

Plantation will record sky high profit going fwd loh!

Btw...usual norm of cost of production is only around Rm 2200 per tonnes!

Posted by Johnzhang > Dec 10, 2021 11:33 AM | Report Abuse

Some Investors may be concern of the labour and fertilizer cost increase on plantation company’s performance in 2022. The IBs and media are very prone to look at only one side of the equation and they seriously lack professionalism.

My view is oil palm plantation will still be laughing to the banks next year. Mind you that most big time CPO traders expect CPO to trade above $5,000 during Jan-Mac 2022 and between $4,000 to $5,000 during Apr-Dec 2022.

Cost of production (at estate level) during recent years (2017-2020) were $1,500 -$1,800 pmt CPO depending on the cost efficiency of each planter.
Average CPO price over same period (2017-2020) was about $2,490 pmt as shown in the calculation below :
2017 $2,800
2018 $2,150
2019 $2,250
2020 $2,760
-----------------
Avg $2,490
=================
Therefore, average Gross Margin in past recent years enjoyed by planters were $990 to $690 pmt CPO. (ie average CPO price $2,490 minus cost of production $1,500 to $1,800).

Due to higher labour and fertilizer costs, the cost of production is expected to increase by max. $300 pmt CPO basis. The new cost of production for 2022 shall be $1,800 -$2,100 pmt CPO.
Based on 2022's CPO price forecasted by big time CPO traders averaging $4,500 , the Gross Margin of the planters will be $2,700 to 2,400 pmt CPO.

2022's Gross Margin is 2.7 times to 3.5 times higher than the average of 2017-2020.

Just for sharing.

2021-12-10 11:48

danchong

On top of higher prices, the profile of palm are young and maturing fast too. I do expect production to increase significantly in 2022.

The disposal of GLM will allow the company to have more time & working capital to concentrate on productive areas.

The prospect of the company looks wonderful to me.

2021-12-10 13:08

All_in_2021

why the company keeps buying back the shares?

2022-01-12 20:39

bojed

Yesterday golden cross ema20/200.

Today golden cross ema50/200.

All daily emas are perfectly aligned 7/20/50/200.

I managed to buy 20k shares at 1.29 today. Hopefully this won't turn into a false signal.

2022-01-27 18:42

danchong

Sudden see Alfred Chen so bullish on a sector

2022-02-14 13:08

necro

CBIP is testing 1.42-145 resistant

A successful breakout will bring price to 1.92-2.00 mark

2022-02-17 09:59

necro

Pergerakan price pon cantik, market sentiment pon cantik(KLCI in bullish mode), CPO in raging bull with this scenario its pointing to one solid conclusions that palm oil company & company its related will show bullish quarterly result for first or second quarter 2022.

2022-02-17 10:05

necro

The scenario is same like 2012,when world economy move out from Lehman Brothers Crisis, the inflation were high during decade ago, cyclical commodities like oil, gold & palm oil were rallied to all time high as World move from crisis.

I'm my humble opinion & experience, the commodity bull will stay for another 16months-24months before its subside, ride those commodities related stocks before its gone & don't buy at peak OK.

2022-02-17 10:10

danchong

The army is lining up to tackle the previous high of 1.45

2022-02-18 14:44

frankco

excellent result!!

2022-02-24 18:54

ipohwhitecoffee

tomorrow i buy the dip

2022-03-03 17:25

necro

Plantation stocks & it's related will create new all time high.

Same bullish commodity cylce pattern like 2012.

Ride the trend Guys,the upside is Imminent.

After this we will have cyclical consumer stocks upcycle followed by property & finance stocks.

2022-03-03 19:44

danchong

Better days is in sight.

2022-03-04 06:41

ipohwhitecoffee

Good stock doing up slow and steady

2 months ago

necro

Nice to see you grow like this CBIP

2 months ago

frankco

Ukrain has missed the planting season... Many countries are stock piling food commodities and control their export of commodities. Shortage in edible oil will continue towards end of the year ..

2 months ago

ipohwhitecoffee

CBIP lagging. have to buckle up lol

2 months ago

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