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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? For more insights into CBIP refer to https://www.i4value.asia/2022/09/is-cbip-money-making-opportunity-find.html#more
I first invested in CBIP years ago following some positive analyst reviews. These were the days when its palm oil products still had many years of IP protection and it had just secured a big SPV project. It looked like a compounding machine. Unfortunately, the SPV project turned out to be a once-off project. At the same time, there seemed to be some tapering of its palm oil product. So the multi-bagger opportunity did not arise. But I am still holding onto the stocks as I am a long-term value investor. I had a more recent review of the company's performance which has given me the confidence to continue to hold onto the stocks. If you want details on this, refer to https://www.i4value.asia/2022/09/is-cbip-money-making-opportunity-find.html#more