Posted by calvintaneng > Sep 2, 2017 11:46 AM | Report Abuse X
CBIP - A LOOK INTO ITS LATEST REPORT
1) Revenue up. Profit up. NTA also increased. All round positives.
2) Cash position remain positive in relation to its debts.
3) Growth from 14,500 acres of young and now maturing Oil Palm trees in Indonesia has accelerated.
Rm2.118 millions for 3 months revenue ended March 31st 2017
Rm3.981 millions for 3 months revenue ended June 30th 2017
So there is a huge jump of 88% in revenue growth from last quarter. This shows the fast increasing growth of the now maturing Oil Palm trees.
FANTASTIC & POSITIVE GROWTH RATE!!
4) Selling of some investments to Cash out. CBIP has investments in Indonesia which are being cashed out.
5) Good progress and profits from special vehicles job done
"The revenue and profit before taxation of the special purpose vehicles segment increased by 125% and
201% respectively as compared to the last financial period. The increases were mainly due to higher
projects implementation and completion in the current quarter resulting from the substantial projects
order-book brought forward from the last financial year."
6) 24 April 2017 - CBIP ventured into a New Growth Zone of Central America. IMMENSE POTENTIAL FOR MODIPALM SALES.
"ii) On 24 April 2017, CB Industrial Product Sdn. Bhd. (“CBIPSB”), a wholly owned subsidiary of
the Company incorporated a new subsidiary in Republic of Guatemala, Modipalma Latin
America, Sociedad Anonima (Modipalma”). CBIPSB subscribed 548 shares of DTQ100 each for
a total consideration of GTQ54,800 (equivalent to RM32,272), representing 99.6% of the issued
and paid-up capital of Modipalma. For further details, please refer to our announcements to Bursa
Securities on 4 May 2017."
7) SEEING GREAT FUTURE VALUE INSIDERS ARE LOADING UP MORE CBIP SHARES
MR MAK CHEE MENG 22-Aug-2017 Acquired 200,000 1.980 View Detail
MR LIM CHAI HUAT 17-Aug-2017 Acquired 20,222 1.970 View Detail
LIM CHAI HUAT 11-Aug-2017 Acquired 32,000 1.970 View Detail
MAK CHEE MENG 12-Jul-2017 Acquired 200,000 2.050 View Detail
CALVIN COMMENTS:
AFTER DUTALAND - CBIP IS CALVIN TAN RESEARCH TOP 2ND PICK FOR PLANTATION STOCKS
WHY SO?
THE GROSS PROFIT IS 28%
THE NET PROFIT OF CBIP IS 15%.
AMAZING GROWTH RATE FOR A PLANTATION STOCK.
HIP HIP HOORAY!!
CHEERS!
Calvin Tan Research
Singapore
http://klse.i3investor.com/blogs/www.eaglevisioninvest.com/131380.jsp
