Buns Calvin, what is your 1 year target price for CBIP and when do you think the late El Nino will kick in? 24/05/2017 09:15
I think El Nino is already starting in the northern hemisphere. Longer term I hope to see Rm3.50. One year may or may not reach it. But the trend will be upward..
profit margin will be squeezed due to high steel prices. plus, contributions from spv will be seasonally lower q1 and q2. don't expect the results to be better than last year qoq
So late now. And in this quiet night think of these facts
1) CBIP is a monopoly in Oil Palm just as Top Glove is Top in rubber gloves. So CBIP is a World Class Player.
2) CBIP top holder is Felda. Felda is among the World's Top Plantation owner. So riding on projects from Felda (Sime Darby & Others) ensure lots of business for CBIP.
3) CBIP is a Malaysia Home Grown World Class Company. So Govt takes a special interest in it. And VALUE CAP Supports it.
4) CBIP is coming out with another good quarter soon - making its P/E ratio to single digit only. This will be the top plantation company for growth.
5) A nice 4.74% dividend beats Bank FD anytime.
6) Its Fully Auto Modipalm now launched. Will garner even better sale
7) Unknown to many CBIP has purchased 14,566 acres of Oil Palm Plantations in Kalimantan, Indonesia. Already 3 to 5 years year the FFB should add to revenue soon. This will be a profit booster for the next 22 years.
8) with increasing CPO harvest plus good prices collections have improved. So monies now flowing into CBIP coffers.
9) Management sees CBIP share as undervalue currently - so it is doing SBB.
10) All export furniture, water pipe, construction stocks, steel stocks, plastic stock, IT Stocks, logistic stock, E&E stocks have seen their rotational bull run.
The time for PLANTATION STOCKS TO GO INTO A BULL RUN IS RIPE
Didn't Sifu Warren Buffet teach that investing by looking at past quarter or past year report is like driving your car while looking at the rear view mirror?
Look ahead lor! Ooi!!!
See we buy at Rm2.11 because Company SBB already reached Rm2.12 to Rm2.13 today
SEE AHEAD WILL SBB CONTINUES & REACH RM2.50?
So just buy and sell back to Company SBB later
Hmm?
Told you so much investing secret. Think I better start charging tuition fees?
Bro calvin, it me cheshire. U hv 11 palm oil stocks in the list, im eyeing kwantas, cbip, thplant, dutaland. I b go into the particular forum to update frm u. Keep posting calvin. Thank q thank q very very much.
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....
davors
889 posts
Posted by davors > 2017-04-13 20:40 | Report Abuse
CPO going south