Highlights
KLSE: CCB (2925)       CYCLE & CARRIAGE BINTANG BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
2.95   +0.12 (4.24%)  2.79 - 2.95  543,700
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Overview

Market Cap: 297 Million
NOSH: 101 Million
Avg Volume (4 weeks):529,388
4 Weeks Range:2.31 - 2.95
4 Weeks Price Volatility (%):
100.00%
52 Weeks Range:1.32 - 3.05
52 Weeks Price Volatility (%):
94.22%
Average Price Target: 2.20
Price Target Upside/Downside: -0.75
Stamp duty exempted for year 2021

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2021 [#1]  |  23-Apr-2021
Next QR | Est. Ann. Date: 30-Jun-2021  |  28-Jul-2021
T4Q P/E | EY: 3,002.00  |  0.03%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 2.38  |  1.24
T4Q NP Margin | ROE: 0.01%  |  0.04%

Headlines

Date Subject
08-Jun-2021 PublicInvest Research Headlines - 8 Jun 2021
08-Jun-2021 Mplus Market Pulse - 8 Jun 2021
19-May-2021 PublicInvest Research Headlines - 19 May 2021
19-May-2021 Mplus Market Pulse - 19 May 2021
08-May-2021 上升股:合发吉星 阻力RM3.59
26-Apr-2021 PublicInvest Research Headlines - 26 Apr 2021
26-Apr-2021 Mplus Market Pulse - 26 Apr 2021
03-Nov-2020 Mplus Market Pulse - Rebound in store
29-Jul-2020 Mplus Market Pulse - 29 Jul 2020

Business Background

Cycle & Carriage Bintang Bhd is a Malaysia-based company. It is a dealer of Mercedes-Benz motor vehicles in Malaysia. The principal activity of the company consists of the retailing of motor vehicles, the sale of spare parts and servicing of vehicles. The company serves in two segments including Automobile Industry and Investment. The Automobile industry segment is engaged in retailing of motor vehicles, the sale of spare parts and servicing of vehicles. The Investment segment is engaged in investment in Mercedes-Benz Malaysia Sdn. Bhd.
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  3 people like this.
 
kereta Chow Ci Bai is memang black lol
05/11/2020 11:17 AM
Hafid ccb is moving due to the pandemic is not affecting much.
26/11/2020 2:50 PM
Junqi Slow and steady.Some corporate exercise on the way?
08/12/2020 6:37 AM
Hafid Maybe will benefit shareholder. Another offer
08/12/2020 6:11 PM
Mabel Mabel Automobile Cycle and Carriage want to take private last year. The offer was lucrative compare to Felda offer. Yet the Minority Share Holders reject the offer. CCB continue to be listed until today. This year despite Covid 19, Mercedes Benz secured fantastic Sales with more than 176% Growth QoQ and 160% YoY. Here is the latest result for Mabel Automobile Cycle and Carriage.

Well done Mercedes Benz!
01/02/2021 10:38 PM
weh9168 Another offer at 2.40
17/03/2021 10:51 PM
amarjeet8287 Cycle
18/03/2021 12:52 AM
ratha52 another counter with a poor management team. there is no any improvement to the company going forward.
18/03/2021 1:08 AM
Peace99 History likely repeating itself and offer will be rejected?
18/03/2021 8:48 AM
Thinkcarefully This is different from the previous exercise last year ie SCR.
I think those who want to sell can do so at 2.40. Once enough shares are acquired by the offeror (Jardine),it will be taken private and delisted.No point holding on to delisted company
18/03/2021 9:44 AM
NavinShah Wait for IR. Then decide. It may 2/3 months.
18/03/2021 11:31 AM
Hafid i do not think will be any revised price. the deal can be successful one
18/03/2021 12:02 PM
Thinkcarefully The price is FINAL, written on the offer.
There is no voting like the previous exercise. Its a voluntary general offer.Its take it or leave it.
I wont be waiting.Once they buy back a certain percentage (?80%),Jardine can delist the company.
All the rest would be forced to sell as no one would want to own shares in unlisted company.
18/03/2021 12:27 PM
DreamEmperor Post removed. Why?
18/03/2021 3:52 PM
DreamEmperor Post removed. Why?
18/03/2021 3:53 PM
DreamEmperor Post removed. Why?
18/03/2021 3:53 PM
DreamEmperor Post removed. Why?
18/03/2021 3:53 PM
DreamEmperor Post removed. Why?
18/03/2021 3:53 PM
DreamEmperor Post removed. Why?
18/03/2021 3:53 PM
Thinkcarefully Gap up to 2.40 tomorrow
18/03/2021 4:42 PM
powerup89 super fly again today?
19/03/2021 8:57 AM
Junqi JCCL needs another 15million shares to reach 75%. Once it has 75% CCB can be delisted.Although the offer is unconditional, this is the aim of the exercise.So it is mopping up as much shares as possible.If there are few sellers at 2.40 in the open market it (JCCL) may buy at higher price, though offer price is the same.So it is advisable not to sell in the open market unless it is higher.
19/03/2021 9:55 AM
investlogic Not sure big investors like MBL still have shares or not? If got, may want to fight for higher price? I will wait and see, will not accept for now, as there are until 7th April, likely keep extending until they collect enough, then need to offer to everyone.
19/03/2021 1:16 PM
DreamEmperor Post removed. Why?
19/03/2021 1:57 PM
DreamEmperor Post removed. Why?
19/03/2021 1:57 PM
DreamEmperor Post removed. Why?
19/03/2021 1:58 PM
DreamEmperor Post removed. Why?
19/03/2021 1:58 PM
DreamEmperor Post removed. Why?
19/03/2021 1:58 PM
DreamEmperor Post removed. Why?
19/03/2021 1:58 PM
NavinShah Company turning around. That is why the major shareholder is grabbing our shares cheaply. If force to surrender will surrender. Otherwise will hold unto my shares.
22/03/2021 1:04 PM
Junqi JCCL only needs to own 75% to delist.This is likely to be accomplished
To force to surrender JCCL needs 90%.This may be difficult.
As a shareholder, if you hang on to the shares with the company delisted your money would be tied down indefinitely.Since this is unconditional voluntary offer the decision is up to ourselves.To each his own. I would cash out at 2.4 or sell in open market if higher
22/03/2021 3:31 PM
rohank71 Offer says no revision in price. so best to sell in open market at 2.41 and walk away or else get stuck like before
23/03/2021 5:04 PM
Junqi You will not be stuck like before.
This is unconditional voluntary offer.You are sure of selling at 2.4
Selling at 2.41 is no better as the extra 1sen probably just enough to settle the extra transaction charges.
24/03/2021 10:28 AM
yw92712 According to analysist, the stock price is not reflecting the real value, as the company own alot of land bank which bought in since 20-30year back. According to Simply Wallst website, calculation base on asset and cash flow, the per unit stock should be value at RM55, not RM2.40.

https://simplywall.st/stocks/my/retail/klse-ccb/cycle-carriage-bintang-berhad-shares#valuation

https://www.youtube.com/watch?v=vJgTdXyhhfY&list=PLWaZNtDgRCYJBYoY5pwhD_f4tHMGV-HLa&index=6
29/03/2021 4:36 PM
Jason9999 Better not to accept the offer then.
14/04/2021 11:52 AM
Jason9999 Perhaps all the minority shareholders should form a group.
14/04/2021 12:10 PM
vcinvestor Yes! then they can form a sort of a watch group. a watchdog group if you will. What should they call it? the minority shareholders watchdog group? Oops that name is already taken https://www.mswg.org.my/
14/04/2021 1:37 PM
BAZLI5075 GOOD QR 135%
24/04/2021 12:07 AM
Hafid the offer price is final at rm2.40.
26/04/2021 2:20 PM
iopa46 finally fuhhhh
07/05/2021 4:47 PM
dompeilee WheW! Luckily I didn't sell my last 5 lots bought since 2013 @ 2.40! =D
07/05/2021 4:59 PM
wallstreetrookie every stock u have 5 lots la
08/05/2021 10:53 AM
Harry Wong Last friday CCB share up rm0 57.Graph was shown up to rm4.40
09/05/2021 6:20 PM
yw92712 At least ORA is not blind. They knew the true value.
11/05/2021 11:32 AM
AlfI3 But ony risen for a blink, after that had been silent down, no hav sustainability
04/06/2021 7:13 AM
Bgt 9963 Good morning...!
04/06/2021 8:23 AM
caonima https://www.theedgemarkets.com/article/jardine-ccl-takeover-bid-cycle-carriage-bintang-snubbed-second-time
04/06/2021 9:22 PM
Hafid As at 10/06/2021, open road say there reduce the shareholding to less than 5%.
11/06/2021 1:19 PM
winlast Going up strongly soon
17/06/2021 2:30 PM
AlfI3 Look like a third party going to acquire Jardine's stake soon?
22/06/2021 3:45 PM


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