Highlights
KLSE: CBIP (7076)       CB INDUSTRIAL PRODUCT HOLDING MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
1.37   -0.04 (2.84%)  1.37 - 1.40  42,500
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Financials


Market Cap: 737 Million

Market Cap 737 Million
NOSH 538 Million

Latest Audited Result:  31-Dec-2022

Latest Audited Result: 31-Dec-2022
Announcement Date 28-Apr-2023
Next Audited Result: 31-Dec-2023
Est. Ann. Date: 28-Apr-2024
Est. Ann. Due Date: 28-Jun-2024

Latest Quarter:  31-Dec-2023 [#4]

Latest Quarter: 31-Dec-2023 [#4]
Announcement Date 28-Feb-2024
Next Quarter: 31-Mar-2024
Est. Ann. Date: 30-May-2024
Est. Ann. Due Date: 30-May-2024
QoQ | YoY   130.14%  |    298.98%

Annual (Unaudited) ( EPS: 12.09, P/E: 11.34 )

Revenue | NP to SH 847,951  |  65,048
RPS | P/RPS 157.54 Cent  |  0.87
EPS | P/E | EY 12.09 Cent  |  11.34  |  8.82%
DPS | DY | Payout % 4.38 Cent  |  3.20%  |  36.28%
NAPS | P/NAPS 1.53  |  0.89
YoY   1,185.76%
NP Margin | ROE 8.47%  |  7.88%
F.Y. | Ann. Date 31-Dec-2023  |  28-Feb-2024

T4Q Result ( EPS: 12.09, P/E: 11.34 )

Revenue | NP to SH 847,951  |  65,048
RPS | P/RPS 157.54 Cent  |  0.87
EPS | P/E | EY 12.09 Cent  |  11.34  |  8.82%
DPS | DY | Payout % 2.66 Cent  |  1.94%  |  22.04%
NAPS | P/NAPS 1.53  |  0.89
QoQ | YoY   290.21%  |    1,185.76%
NP Margin | ROE 8.47%  |  7.88%
F.Y. | Ann. Date 31-Dec-2023  |  28-Feb-2024

Annualized Result ( EPS: 12.09, P/E: 11.34 )

Revenue | NP to SH 847,951  |  65,048
RPS | P/RPS 157.54 Cent  |  0.87
EPS | P/E | EY 12.09 Cent  |  11.34  |  8.82%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   48.51%  |    1,185.76%
NP Margin | ROE 8.47%  |  7.88%
F.Y. | Ann. Date 31-Dec-2023  |  28-Feb-2024


Hints :
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Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY
31-Dec-2023 28-Feb-2024 31-Dec-2023 4 218,734 40,785 35,048 32,197 - 825,914 - % 16.02% 3.90% 471,951 46.35 40.64 6.82 5.98 0.00 0.00 1.7500 1.53   130.14%   298.98% 29-Dec-2023 1.34 2.89 19.64 0.77 5.09% 0.00% 28-Feb-2024 1.37 2.96 20.08 0.78 4.98% 0.00%
31-Dec-2023 28-Nov-2023 30-Sep-2023 3 235,632 23,216 16,670 13,990 - 803,600 - % 7.07% 1.74% 475,503 49.55 43.78 2.94 2.60 0.00 0.00 1.6900 1.49   113.75%   157.88% 29-Sep-2023 1.10 2.22 37.39 0.65 2.67% 0.00% 28-Nov-2023 1.21 2.44 41.13 0.72 2.43% 0.00%
31-Dec-2023 28-Aug-2023 30-Jun-2023 2 210,249 9,240 7,099 6,545 14,338 793,405 219.08% 3.38% 0.82% 477,955 43.99 39.06 1.37 1.22 3.00 2.66 1.6600 1.47   -46.86%   -59.02% 30-Jun-2023 0.94 2.14 68.64 0.57 1.46% 3.19% 28-Aug-2023 1.16 2.64 84.71 0.70 1.18% 2.59%
31-Dec-2023 30-May-2023 31-Mar-2023 1 183,336 18,216 13,006 12,316 - 783,846 - % 7.09% 1.57% 477,955 38.36 34.06 2.58 2.29 0.00 0.00 1.6400 1.46   176.11%   -33.03% 31-Mar-2023 1.06 2.76 41.14 0.65 2.43% 0.00% 0.93 2.42 36.09 0.57 2.77% 0.00%
31-Dec-2022 28-Feb-2023 31-Dec-2022 4 230,799 -19,717 -26,682 -16,181 9,559 783,846 - % -11.56% -2.06% 477,955 48.29 42.88 -3.39 -3.01 2.00 1.78 1.6400 1.46   33.06%   -143.61% 30-Dec-2022 1.10 2.28 -32.49 0.67 -3.08% 1.82% 28-Feb-2023 1.03 2.13 -30.42 0.63 -3.29% 1.94%
31-Dec-2022 24-Nov-2022 30-Sep-2022 3 207,333 -25,039 -24,035 -24,172 - 802,964 - % -11.59% -3.01% 477,955 43.38 38.52 -5.06 -4.49 0.00 0.00 1.6800 1.49   -251.33%   -249.20% 30-Sep-2022 1.08 2.49 -21.35 0.64 -4.68% 0.00% 24-Nov-2022 1.16 2.67 -22.94 0.69 -4.36% 0.00%
31-Dec-2022 24-Aug-2022 30-Jun-2022 2 245,885 21,323 17,831 15,973 - 831,641 - % 7.25% 1.92% 477,955 51.45 45.68 3.34 2.97 0.00 0.00 1.7400 1.55   -13.14%   3.35% 30-Jun-2022 1.26 2.45 37.70 0.72 2.65% 0.00% 24-Aug-2022 1.39 2.70 41.59 0.80 2.40% 0.00%
31-Dec-2022 30-May-2022 31-Mar-2022 1 185,075 23,911 20,114 18,389 - 811,202 - % 10.87% 2.27% 477,178 38.79 34.38 3.85 3.42 0.00 0.00 1.7000 1.51   -50.43%   -1.02% 31-Mar-2022 1.52 3.92 39.44 0.89 2.54% 0.00% 30-May-2022 1.49 3.84 38.66 0.88 2.59% 0.00%
31-Dec-2021 24-Feb-2022 31-Dec-2021 4 217,634 44,495 42,269 37,100 - 797,864 - % 19.42% 4.65% 480,641 45.28 40.43 7.72 6.89 0.00 0.00 1.6600 1.48   129.00%   24.52% 31-Dec-2021 1.17 2.58 15.16 0.70 6.60% 0.00% 24-Feb-2022 1.35 2.98 17.49 0.81 5.72% 0.00%
31-Dec-2021 25-Nov-2021 30-Sep-2021 3 136,555 20,194 18,135 16,201 9,675 769,230 59.72% 13.28% 2.11% 483,793 28.23 25.37 3.35 3.01 2.00 1.80 1.5900 1.43   4.83%   51.24% 30-Sep-2021 1.27 4.50 37.92 0.80 2.64% 1.57% 25-Nov-2021 1.30 4.61 38.82 0.82 2.58% 1.54%
31-Dec-2021 26-Aug-2021 30-Jun-2021 2 102,779 17,669 15,497 15,455 9,707 766,928 62.81% 15.08% 2.02% 485,398 21.17 19.10 3.18 2.87 2.00 1.80 1.5800 1.42   -16.81%   300.91% 30-Jun-2021 1.21 5.71 38.00 0.77 2.63% 1.65% 26-Aug-2021 1.35 6.38 42.40 0.85 2.36% 1.48%
31-Dec-2021 10-Jun-2021 31-Mar-2021 1 157,316 21,383 19,198 18,578 - 752,986 - % 12.20% 2.47% 485,798 32.38 29.23 3.82 3.45 0.00 0.00 1.5500 1.40   -37.65%   51.20% 31-Mar-2021 1.25 3.86 32.69 0.81 3.06% 0.00% 1.35 4.17 35.30 0.87 2.83% 0.00%
31-Dec-2020 22-Mar-2021 31-Dec-2020 4 173,498 37,550 33,515 29,794 9,787 748,711 32.85% 19.32% 3.98% 489,354 35.45 32.23 6.09 5.54 2.00 1.82 1.5300 1.39   178.14%   32.19% 31-Dec-2020 1.11 3.13 18.23 0.73 5.49% 1.80% 22-Mar-2021 1.20 3.38 19.71 0.78 5.07% 1.67%
31-Dec-2020 27-Nov-2020 30-Sep-2020 3 156,418 15,264 -2,589 10,712 - 722,256 - % -1.66% 1.48% 491,331 31.84 29.06 2.18 1.99 0.00 0.00 1.4700 1.34   177.87%   1,335.92% 30-Sep-2020 0.92 2.89 42.20 0.63 2.37% 0.00% 27-Nov-2020 1.07 3.36 49.08 0.73 2.04% 0.00%
31-Dec-2020 28-Aug-2020 30-Jun-2020 2 104,251 5,092 4,025 3,855 9,857 719,628 255.72% 3.86% 0.54% 492,896 21.15 19.37 0.78 0.72 2.00 1.83 1.4600 1.34   -68.63%   211.64% 30-Jun-2020 0.92 4.35 117.63 0.63 0.85% 2.17% 28-Aug-2020 0.90 4.26 115.07 0.62 0.87% 2.22%
31-Dec-2020 30-Jun-2020 31-Mar-2020 1 108,025 14,959 12,633 12,287 - 724,710 - % 11.69% 1.70% 496,377 21.76 20.07 2.48 2.28 0.00 0.00 1.4600 1.35   -45.49%   11.52% 31-Mar-2020 0.825 3.79 33.33 0.57 3.00% 0.00% 30-Jun-2020 0.92 4.23 37.17 0.63 2.69% 0.00%
31-Dec-2019 27-Feb-2020 31-Dec-2019 4 170,020 30,379 21,860 22,539 10,100 727,253 44.81% 12.86% 3.10% 505,037 33.66 31.59 4.46 4.19 2.00 1.88 1.4400 1.35   2,921.31%   1,015.79% 31-Dec-2019 1.10 3.27 24.65 0.76 4.06% 1.82% 27-Feb-2020 0.91 2.70 20.39 0.63 4.90% 2.20%
31-Dec-2019 22-Nov-2019 30-Sep-2019 3 101,916 2,237 829 746 - 734,381 - % 0.81% 0.10% 506,470 20.12 18.93 0.15 0.14 0.00 0.00 1.4500 1.36   -39.69%   -91.73% 30-Sep-2019 0.81 4.03 549.92 0.56 0.18% 0.00% 22-Nov-2019 0.96 4.77 651.76 0.66 0.15% 0.00%
31-Dec-2019 21-Aug-2019 30-Jun-2019 2 92,425 -2,873 562 1,237 - 734,035 - % 0.61% 0.17% 509,747 18.13 17.17 0.24 0.23 0.00 0.00 1.4400 1.36   -88.77%   -92.91% 28-Jun-2019 0.99 5.46 407.96 0.69 0.25% 0.00% 21-Aug-2019 0.92 5.07 379.12 0.64 0.26% 0.00%
31-Dec-2019 31-May-2019 31-Mar-2019 1 85,902 14,585 10,271 11,018 - 735,504 - % 11.96% 1.50% 510,767 16.82 15.96 2.16 2.05 0.00 0.00 1.4400 1.37   445.45%   -38.17% 29-Mar-2019 1.05 6.24 48.68 0.73 2.05% 0.00% 31-May-2019 1.02 6.06 47.28 0.71 2.11% 0.00%
31-Dec-2018 25-Feb-2019 31-Dec-2018 4 108,124 8,217 2,756 2,020 10,234 736,878 506.65% 2.55% 0.27% 511,721 21.13 20.09 0.39 0.38 2.00 1.90 1.4400 1.37   -77.61%   170.05% 31-Dec-2018 1.00 4.73 253.33 0.69 0.39% 2.00% 25-Feb-2019 1.12 5.30 283.73 0.78 0.35% 1.79%
31-Dec-2018 22-Nov-2018 30-Sep-2018 3 83,598 21,227 13,327 9,021 - 747,283 - % 15.94% 1.21% 522,576 16.00 15.53 1.73 1.68 0.00 0.00 1.4300 1.39   -48.32%   32.51% 28-Sep-2018 1.11 6.94 64.30 0.78 1.56% 0.00% 22-Nov-2018 1.03 6.44 59.67 0.72 1.68% 0.00%
31-Dec-2018 23-Aug-2018 30-Jun-2018 2 158,105 38,093 27,663 17,457 - 742,057 - % 17.50% 2.35% 522,576 30.25 29.37 3.34 3.24 0.00 0.00 1.4200 1.38   -2.04%   -4.78% 29-Jun-2018 1.29 4.26 38.62 0.91 2.59% 0.00% 23-Aug-2018 1.37 4.53 41.01 0.96 2.44% 0.00%
31-Dec-2018 28-May-2018 31-Mar-2018 1 131,290 24,944 20,071 17,821 10,455 737,121 58.67% 15.29% 2.42% 522,781 25.11 24.39 3.41 3.31 2.00 1.94 1.4100 1.37   2,282.49%   -27.76% 30-Mar-2018 1.56 6.21 45.76 1.11 2.19% 1.28% 28-May-2018 1.47 5.85 43.12 1.04 2.32% 1.36%
31-Dec-2017 28-Feb-2018 31-Dec-2017 4 225,585 11,738 -3,146 748 - 721,437 - % -1.39% 0.10% 522,781 43.15 41.91 0.14 0.14 0.00 0.00 1.3800 1.34   -89.01%   -98.37% 29-Dec-2017 1.80 4.17 1,258.03 1.30 0.08% 0.00% 28-Feb-2018 1.68 3.89 1,174.16 1.22 0.09% 0.00%
31-Dec-2017 28-Nov-2017 30-Sep-2017 3 167,190 12,958 1,133 6,808 15,696 748,197 230.56% 0.68% 0.91% 523,215 31.95 31.06 1.30 1.26 3.00 2.92 1.4300 1.39   -62.87%   -76.11% 29-Sep-2017 1.91 5.98 146.79 1.34 0.68% 1.57% 28-Nov-2017 1.81 5.66 139.10 1.27 0.72% 1.66%
31-Dec-2017 23-Aug-2017 30-Jun-2017 2 144,665 29,122 22,097 18,334 - 748,263 - % 15.27% 2.45% 523,261 27.65 26.88 3.50 3.41 0.00 0.00 1.4300 1.39   -25.68%   1.97% 30-Jun-2017 2.03 7.34 57.94 1.42 1.73% 0.00% 23-Aug-2017 1.98 7.16 56.51 1.38 1.77% 0.00%
31-Dec-2017 30-May-2017 31-Mar-2017 1 132,337 34,317 26,902 24,668 15,723 749,497 63.74% 20.33% 3.29% 524,124 25.25 24.59 4.71 4.58 3.00 2.92 1.4300 1.39   -46.21%   164.79% 31-Mar-2017 2.09 8.28 44.41 1.46 2.25% 1.44% 30-May-2017 2.08 8.24 44.19 1.45 2.26% 1.44%
31-Dec-2016 22-Feb-2017 31-Dec-2016 4 186,210 56,295 56,952 45,856 - 723,291 - % 30.58% 6.34% 524,124 35.53 34.60 8.75 8.52 0.00 0.00 1.3800 1.34   60.91%   5.84% 30-Dec-2016 1.97 5.54 22.52 1.43 4.44% 0.00% 22-Feb-2017 2.15 6.05 24.57 1.56 4.07% 0.00%
31-Dec-2016 22-Nov-2016 30-Sep-2016 3 140,691 41,140 39,844 28,498 15,725 686,674 55.18% 28.32% 4.15% 524,179 26.84 26.14 5.44 5.29 3.00 2.92 1.3100 1.28   58.51%   91.40% 30-Sep-2016 2.15 8.01 39.55 1.64 2.53% 1.40% 22-Nov-2016 1.96 7.30 36.05 1.50 2.77% 1.53%
31-Dec-2016 26-Aug-2016 30-Jun-2016 2 137,780 28,720 19,187 17,979 - 655,211 - % 13.93% 2.74% 524,229 26.29 25.60 3.43 3.34 0.00 0.00 1.2500 1.22   92.99%   1.18% 30-Jun-2016 2.04 7.76 59.48 1.63 1.68% 0.00% 26-Aug-2016 2.00 7.61 58.31 1.60 1.72% 0.00%
31-Dec-2016 26-May-2016 31-Mar-2016 1 113,202 13,423 9,336 9,316 15,701 648,979 168.54% 8.25% 1.44% 523,370 21.63 21.03 1.78 1.73 3.00 2.92 1.2400 1.21   -78.50%   -57.65% 31-Mar-2016 2.27 10.49 127.53 1.83 0.78% 1.32% 26-May-2016 2.07 9.57 116.29 1.67 0.86% 1.45%
31-Dec-2015 24-Feb-2016 31-Dec-2015 4 183,996 69,472 56,974 43,327 21,018 667,331 48.51% 30.96% 6.49% 525,458 35.02 34.18 8.24 8.05 4.00 3.90 1.2700 1.24   191.00%   79.07% 31-Dec-2015 2.05 5.85 24.86 1.61 4.02% 1.95% 24-Feb-2016 2.15 6.14 26.07 1.69 3.84% 1.86%
31-Dec-2015 18-Nov-2015 30-Sep-2015 3 124,013 24,917 16,127 14,889 15,783 636,596 106.01% 13.00% 2.34% 526,113 23.57 23.04 2.83 2.77 3.00 2.93 1.2100 1.18   -16.21%   -34.13% 30-Sep-2015 1.87 7.93 66.08 1.55 1.51% 1.60% 18-Nov-2015 1.92 8.15 67.84 1.59 1.47% 1.56%
31-Dec-2015 18-Aug-2015 30-Jun-2015 2 115,620 24,890 17,587 17,770 - 625,928 - % 15.21% 2.84% 530,447 21.80 21.48 3.35 3.30 0.00 0.00 1.1800 1.16   -19.22%   -15.85% 30-Jun-2015 2.00 9.18 59.70 1.69 1.68% 0.00% 18-Aug-2015 1.73 7.94 51.64 1.47 1.94% 0.00%
31-Dec-2015 28-May-2015 31-Mar-2015 1 117,645 23,807 22,646 21,999 15,941 611,083 72.46% 19.25% 3.60% 531,376 22.14 21.86 4.14 4.09 3.00 2.96 1.1500 1.14   -9.08%   -5.53% 31-Mar-2015 2.04 9.21 49.28 1.77 2.03% 1.47% 28-May-2015 2.03 9.17 49.03 1.77 2.04% 1.48%
31-Dec-2014 25-Feb-2015 31-Dec-2014 4 206,033 32,812 27,226 24,196 - 531,325 - % 13.21% 4.55% 531,325 38.78 38.28 4.55 4.50 0.00 0.00 1.0000 0.99   7.04%   -37.80% 31-Dec-2014 2.01 5.18 44.14 2.01 2.27% 0.00% 25-Feb-2015 2.07 5.34 45.46 2.07 2.20% 0.00%
31-Dec-2014 20-Nov-2014 30-Sep-2014 3 149,399 27,048 24,602 22,605 7,959 581,043 35.21% 16.47% 3.89% 265,316 56.31 27.76 8.52 4.20 3.00 1.48 2.1900 1.08   7.05%   2.81% 30-Sep-2014 4.90 8.70 57.51 2.24 1.74% 0.61% 20-Nov-2014 2.18 3.87 25.59 1.00 3.91% 1.38%
31-Dec-2014 25-Aug-2014 30-Jun-2014 2 124,422 22,745 21,517 21,117 - 559,759 - % 17.29% 3.77% 265,288 46.90 23.12 7.96 3.92 0.00 0.00 2.1100 1.04   -9.32%   11.97% 30-Jun-2014 4.38 9.34 55.03 2.08 1.82% 0.00% 25-Aug-2014 4.76 10.15 59.80 2.26 1.67% 0.00%
31-Dec-2014 29-May-2014 31-Mar-2014 1 121,039 25,841 33,219 23,287 132 562,282 0.57% 27.44% 4.14% 265,227 45.64 22.49 8.78 4.33 0.05 0.02 2.1200 1.04   -40.14%   24.74% 31-Mar-2014 4.44 9.73 50.57 2.09 1.98% 0.01% 29-May-2014 4.54 9.95 51.71 2.14 1.93% 0.01%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.


NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.


Analyze this stock with MQ Trader system
  6 people like this.
 
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.
27/08/2021 1:53 PM
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.
27/08/2021 2:25 PM
risktoreward released at 1.29
15/09/2021 6:58 PM
Davidl https://www.thestar.com.my/business/business-news/2021/10/06/cpo-futures-rally-to-all-time-high#.YVzvO5bkl1w.telegram
06/10/2021 8:48 AM
lloydlim https://www.theedgemarkets.com/article/malaysia-crude-palm-oil-futures-rise-rm5000-tonne-first-time
06/10/2021 12:55 PM
necro Get ready guys for RM3
06/10/2021 6:07 PM
necro Get ready guys for RM5000 for FCPO

History is repeating for CBIP

RM3-RM5 is on the way up
07/10/2021 8:08 PM
lloydlim Time to accumulate!
08/10/2021 12:45 AM
necro Lai Lai Lai

Jgn Dah terbang baru nak BUY
11/10/2021 5:40 PM
instaRgram Too late to join
13/10/2021 9:08 PM
frankco just the beginning for the bull run
15/10/2021 12:34 PM
risktoreward Masuk balik 1.27
16/11/2021 10:54 AM
lloydlim A better than expected QR to be released soon!
24/11/2021 10:24 AM
danchong today?
24/11/2021 4:48 PM
Davidl Improving QR! Lagi declare 2cts. dividend. Welldone.
25/11/2021 6:45 PM
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?
25/11/2021 9:37 PM
risktoreward Means if not for setting aside 5.7mil for a dispute they will potentially lose, the results would be even better
25/11/2021 9:55 PM
lloydlim Cash flow very healthy & forward PE is now below 8
25/11/2021 10:32 PM
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).
26/11/2021 10:44 AM
danchong Thanks, risktoreward. Good point but what is bearer plants dispute?
26/11/2021 11:37 AM
All_in_2021 how does this impact, can share your view -->
https://www.theedgemarkets.com/article/cb-industrial-disposes-stake-biodiesel-unit-resolve-management-deadlock
09/12/2021 7:51 PM
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.
10/12/2021 11:48 AM
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.
10/12/2021 1:08 PM
All_in_2021 why the company keeps buying back the shares?
12/01/2022 8:39 PM
Mynihar Nihar https://www.motilaloswal.com/blog-details/6-reasons-why-a-company-could-consider-a-share-buyback/1797
17/01/2022 10:57 AM
Mynihar Nihar https://www.claret.ca/publications/stock-buybacks-value-benefits-companies-buy-back-shares/
17/01/2022 10:59 AM
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.
27/01/2022 6:42 PM
Knownfact https://youtu.be/B-ZTWUkhtBU
13/02/2022 11:09 PM
danchong Sudden see Alfred Chen so bullish on a sector
14/02/2022 1:08 PM
necro CBIP is testing 1.42-145 resistant

A successful breakout will bring price to 1.92-2.00 mark
17/02/2022 9:59 AM
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.
17/02/2022 10:05 AM
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.
17/02/2022 10:10 AM
danchong The army is lining up to tackle the previous high of 1.45
18/02/2022 2:44 PM
frankco excellent result!!
24/02/2022 6:54 PM
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.

03/03/2022 7:44 PM
danchong Better days is in sight.
04/03/2022 6:41 AM
necro Nice to see you grow like this CBIP
14/04/2022 9:59 AM
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 ..
20/04/2022 10:35 PM
frankco Thanks for your analysis!!
14/05/2023 5:47 PM
dompeilee Followed director Ah Beng's lead & bought CBIP😉
20/07/2023 10:15 AM
DividendGuy67 28/7 share buyback 1.12-1.15.
27/7 share buyback 1.09-1.13
Ah Beng bought 21-24/7. Wa lau ... like this also can ahh?
I own a small speculative price position at 1.04. (This is not for dividend but price speculative). Will be looking to sell near the next resistance.
30/07/2023 10:49 AM
Dehcomic01 CBIP business is strongly linked to the performance of the plantation companies. So don't look at the stock performance of the plantation companies. Rather look at the plantation companies business performance.
30/07/2023 10:57 AM
DividendGuy67 CBIP 1.18. Nice. Small is beautiful.
21/08/2023 11:20 PM
Dehcomic01 CBIP has about 20,000 ha of planted palm oil through its associates and JV. Given the acquisition of Boustead Plantation at RM 48,000 per ha, does it mean that the market has not recognized the true value of CBIP.
18/09/2023 9:51 AM
Ryugentrades Adding to my watchlist. potential entry for me when there is pullback to 1.08 to 1.11 price point. Technical chart looks bullish.
19/11/2023 9:33 AM
Tanleechoo Cannt understand why the oil palm plantation still red latest QR
29/11/2023 9:19 AM
stockraider Result overall good better than explaination except for palmoil plantation loh!

All its business engine on loh....i m sure plantation business will also pick up mah!
29/11/2023 12:44 PM
Siow Looi Price doesn't agree with the QR
29/11/2023 4:09 PM
Tanleechoo Coming Qtr any exciting result ..?other than announcing share buy back
27/02/2024 8:11 PM
Tanleechoo Adua, ! 4%+drop ! Great co
08/03/2024 4:51 PM