Thursday, August 12, 2010

CB Industrial Product Berhad : Picking Up The Pace - 12/08/2010

Five key takeaways. We hosted a lunch meeting with CBIP for clients recently and came away with five key highlights:
(1) Unbilled orderbook of RM300m, bidding for another RM150m worth of contracts;
(2) change on product mix translates to better margins;
(3) Update on progress of zero discharge plant; and
(4) Plantation earnings picking up pace while new planting in Indonesia progressing well; and
(5) Private placement likely to be aborted.

CB Industrial Product Berhad : Picking Up The Pace - 12/08/2010

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