CBIP
A subsidiary of CBIP, Advance Boilers Sdn. Bhd, has entered into a sale and purchase agreement with Vickers Hoskins (M) Sdn. Bhd. to acquire a 4.09 ha piece of land in Kapar, Selangor, for RM 35.98 million.
No valuation was done on the land, but we believe the price CBIP is paying - RM82.60 per sq. ft - is reasonable in line with average transaction values of land in the area of RM85 to RM90 psf.
http://www.theedgemalaysia.com/business-news/234670-cbips-boiler-operations-heating-up.html
Showing posts with label cbip. Show all posts
Showing posts with label cbip. Show all posts
Tuesday 2 April 2013
Friday 22 June 2012
Investor's Checklist: Industrial Materials
This is a very traditional Old Economy sector, with many hard assets and high fixed costs.
Industrial materials are divided into commodity producers (steel, chemicals) and producers of noncommodity value-added goods and services (machinery, some specialty chemicals).
Buyers of commodities choose their produce on price - otherwise, commodities are the same product, regardless of who makes them.
The sales and profits of companies in this sector are very sensitive to the business cycle.
Very few industrial materials companies have any competitive advantages; the exceptions are those in concentrated industries (e.g., defense), those with a specialized niche product (e.g., Alcoa, some chemicals makers), and, above all, those that can produce their goods at the lowest cost (e.g., Nucor).
Only the most efficient producers will survive the downturn: The best bet is to be the low-cost producer and owe little debt.
Asset turnover (total asset turnover [TATO] and fixed asset turnover [FATO] measure a manufacturing firm's efficiency.
Watch out for industrial firms with too much debt, large underfunded pension plans, and big acquisitions that distract management.
Ref: The Five Rules for Successful Stock Investing by Pat Dorsey
Read also:
Investor's Checklist: A Guided Tour of the Market...
Industrial materials are divided into commodity producers (steel, chemicals) and producers of noncommodity value-added goods and services (machinery, some specialty chemicals).
Buyers of commodities choose their produce on price - otherwise, commodities are the same product, regardless of who makes them.
The sales and profits of companies in this sector are very sensitive to the business cycle.
Very few industrial materials companies have any competitive advantages; the exceptions are those in concentrated industries (e.g., defense), those with a specialized niche product (e.g., Alcoa, some chemicals makers), and, above all, those that can produce their goods at the lowest cost (e.g., Nucor).
Only the most efficient producers will survive the downturn: The best bet is to be the low-cost producer and owe little debt.
Asset turnover (total asset turnover [TATO] and fixed asset turnover [FATO] measure a manufacturing firm's efficiency.
Watch out for industrial firms with too much debt, large underfunded pension plans, and big acquisitions that distract management.
Ref: The Five Rules for Successful Stock Investing by Pat Dorsey
Read also:
Investor's Checklist: A Guided Tour of the Market...
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