Stock Name: CBIP
Company Name: CB INDUSTRIAL PRODUCT HOLDING
CB Industrial Product; Buy; RM5.11
Price Target: Under Review (Prev: RM4.85); CBP MK
4Q11 net profit of RM30.6m beat expectations; announced bonus issue of 1-for-1. Better margins and
earnings mainly led by palm oil equipment and plantation segments. FY12 upside still supported by higher
project billings and stronger CPO prices.
Source: HwangDBS Research 23 Feb 2012
Company Name: CB INDUSTRIAL PRODUCT HOLDING
| Research House: HWANGDBS | Price Call: BUY | Target Price: 4.85 |
CB Industrial Product; Buy; RM5.11
Price Target: Under Review (Prev: RM4.85); CBP MK
4Q11 net profit of RM30.6m beat expectations; announced bonus issue of 1-for-1. Better margins and
earnings mainly led by palm oil equipment and plantation segments. FY12 upside still supported by higher
project billings and stronger CPO prices.
Source: HwangDBS Research 23 Feb 2012
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