CB INDUSTRIAL PRODUCT HOLDING

KLSE (MYR): CBIP (7076)

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Last Price

1.33

Today's Change

-0.02 (1.48%)

Day's Change

1.32 - 1.37

Trading Volume

405,900


6 people like this.

2,165 comment(s). Last comment by Tanleechoo 2 months ago

danchong

502 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

1,816 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

502 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

1,816 posts

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

Momentum seems getting stronger to breakout based on TA!

Davidl

1,816 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

1,816 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

243 posts

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

Buyers are very cautious. Pushing it up slowly but surely

stockraider

31,556 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

1,816 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

31,556 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

3,970 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

1,816 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

1,816 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

1,816 posts

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

Price steadily moving upward! Wat r u waiting for?

lloydlim

3,970 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

502 posts

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

In consolidation phase? How far does it go?

danchong

502 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

1,816 posts

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

Any price below 1.10 consider a gd buy!

Knownfact

243 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

3,970 posts

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

A better than expected QR to be released soon!

Knownfact

243 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

243 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

604 posts

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

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

Davidl

1,816 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

Davidl

1,816 posts

Posted by Davidl > 2021-03-13 11:17 | Report Abuse

Chart showing cup & handle!

henry888

2,247 posts

Posted by henry888 > 2021-03-14 06:35 | Report Abuse

Chart wise is OK, but the issue is 'no volume' less than a thousand lots done on Friday.

Dangel

422 posts

Posted by Dangel > 2021-03-14 12:53 | Report Abuse

Volume already improved a lot compare to last year, this gem is ready to shine!

necro

4,726 posts

Posted by necro > 2021-03-15 13:45 | Report Abuse

Necro sudah kasi hentak RM0.88 FULL MARGIN
TP RM4 CPO Super Bullish

Jnlee

305 posts

Posted by Jnlee > 2021-03-22 17:58 | Report Abuse

good result, tomorrow fly.......

Davidl

1,816 posts

Posted by Davidl > 2021-03-22 18:01 | Report Abuse

Fantastic QR! Gap up tmr for sure!

lloydlim

3,970 posts

Posted by lloydlim > 2021-03-22 20:36 | Report Abuse

A better than expected QR! Empire strikes back tomorrow!

Dangel

422 posts

Posted by Dangel > 2021-03-23 11:03 | Report Abuse

Considering the progress of the projects secured in hand, the Board is optimistic that the Group will be able to achieve satisfactory results mainly driven by the palm oil equipment and engineering segment for the financial year ending 31 December 2021.

sten_still

409 posts

Posted by sten_still > 2021-03-23 11:48 | Report Abuse

safe inside here

Knownfact

243 posts

Posted by Knownfact > 2021-03-23 12:03 | Report Abuse

vol at one year high. This is just the beginning of the run

Dangel

422 posts

Posted by Dangel > 2021-03-23 12:24 | Report Abuse

Strong buying momentum start today, more to go!

lloydlim

3,970 posts

Posted by lloydlim > 2021-03-23 12:56 | Report Abuse

Uptrend towards 1.50

Davidl

1,816 posts

Posted by Davidl > 2021-03-23 15:52 | Report Abuse

Breakout play with extraordinary high volume! It could b easily limit up anytime guys!

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