Just hold and pass to your kid if possible. Imagine after 15 years if CBIP become a bluechip share like BatuKawan etc. Then you just sit there and enjoy the dividend.
CBIP is a 'hidden' plantation with almost 70k ha of plantation...actually one of the big boys. The land is mostly not planted yet, so will have a big boost in a few years time...
CBIP is led by a very capable management. Its value increases year by year, rather than falling back on its shareholders and investors for fresh funds in the name of rights, loan stocks, etc etc. It gives back to its shareholders more than many other companies, why? because its management are also major shareholders. You can see their business are improving, in the coming years, this plantation (big) will be a major earner besides the other line of business that they have. Please be reminded too that they have also make some inroads into the OnG sector. They have done a lot of homework.
You are welcome, pathew. Lets look back at its 5 yr historical performance. In 19Feb2009, its price was 0.94. Say you bought 1000 shares at Rm940. In 5Mar2012, it gave a bonus 1:1 So now you have 2000 shares at Rm940. Price now is Rm3.70 or for Rm940, what you have now is Rm3700x2=Rm7400 for holding it for 5 years. I did not include its hefty dividends. If it is included. what do you think. Its a five year 10 bagger
long long ago cbip was recommended based on its ability in getting projects. those who believed, bought and kept, congratulation, big $$$ can keep counting :D :D :D :D :D
Yes it was, iafx. Think its still reasonably price now, when we look at its hugh potential forward. Those who click the buy button five years ago, perhaps with Rm1mil, will not have Rm10mil in his pocket and yet so much more going forward. That was all one need to do. 1 quick smart click. This is not a b/s/h call. I do have positions in this counter. B/S/H at your own risk. Thx
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kevin5059
933 posts
Posted by kevin5059 > 2014-01-21 21:48 | Report Abuse
Do you need the money urgently??
If YES, sell. If NO, hold until the company profit show divert effect.