CGB-WB (CENTRAL GLOBAL BERHAD) (8052WB) Stock Forum and Discussion

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8052WB CGB-WB (CENTRAL GLOBAL BERHAD)

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0.245
0.0000.00%

15min DelayMarket Closed Jan 3 16:51 CST

0.245High0.240Low

103459857

Jan 2 01:39

$CGB (8052.MY)$ CGB has expanded its reach to over 30 countries, serving more than 110 international partners. Between FY21 and FY23, the manufacturing and trading segment contributed RM50–60 million annually to the company's revenue, with exports accounting for 35–45% of this segment's total revenue. With the local market reaching saturation, CGB plans to strengthen its presence in international markets, positioning exports as a key driver of revenue growth in the long term.

103169465

Jan 2 01:11

$CGB (8052.MY)$ CGB currently has an annual production capacity of 30.0 million m². According to market insights, the company is recognized as the leading industrial tape manufacturer in Malaysia, holding an estimated 80% share of the local high-temperature masking tape market.

105718146

Jan 1 23:20

Central Global Berhad (CGB)'s Growth Projection

CGB's core net profit is projected to reach RM9.9 million in FY25F, RM27.0 million in FY26F, and RM36.2 million in FY27F. This growth will likely be driven by:
1. The recovery of the manufacturing and trading segment, supported by the addition of a new plant with more efficient machinery.
2. The progressive recognition of the RM729.49 million outstanding order book.
3. An assumed annual order book replenishment of RM600.0 million for FY26F and FY27...

103643698

Jan 1 22:44

$CGB (8052.MY)$ The prospects for orderbook replenishment remain strong for CGB. With a substantial tender book valued at RM5.59 billion spanning over a dozen construction projects, I believe that CGB will secure approximately RM600.00 million in new orders for FY25F. Additionally, the establishment of a physical office in Sabah will strengthen its foothold in East Malaysia and win more projects there.

LorieGan

Dec 18, 2024 21:33

Central Global (KLSE: 8052) - Accumulation Phase Continues

We had observed a continued buying interest for CGB starting from the 0.825 level, all the way to the current 0.865 level, as represented by the red bars below. This has been accompanied by healthy daily traded volume. CGB’s accumulation trend has been further supported by the positive MACD 4c bars, which indicates an uptrend ahead. We think this might be a good opportunity for traders to follow through with the current price.
Support: 0....

LorieGan

Nov 19, 2024 20:52

Actionable Trading Ideas: Central Global Bhd (KLSE: CGB)

Support: RM0.835, RM0.850
Resistance: RM0.890, RM1.000
Our technical indicator had flagged Central Global as a potential buy due to the consistent liquidity and accumulation in action as represented by the red bars below. Currently, Central Global is standing strong on the RM0.850 level, and well above the key EMAs of 5/20/50, we foresee the stock to continue to challenge its’ other resistance level of RM0.890, and ultimate mid-term resis...

LorieGan

Oct 1, 2024 11:37

What Investors Need to Know About Central Global Latest Expansion Plan

Central Global Berhad (CGB) is making moves to strengthen its presence in East Malaysia with its latest property acquisition in Sabah.
Through its wholly-owned subsidiary, RYRT International Sdn. Bhd., CGB has purchased a four-story office and showroom in Kota Kinabalu for RM19.5 million. This acquisition is part of CGB’s broader strategy to boost its profile as a leading construction group in the region.
The property, located...

Central Global Bhd Secured Super Sized Construction Contract!!

Following our previous writing, Central Global Bhd (CGB) had successfully secured a very big size contract which will change the fundamentals of the company going forward.
Just today, CGB accepted a Letter of Award (LoA) from Pembinaan Urusmesra Sdn Bhd, for a significant contract valued at RM616.4 million for the construction work of Pan Borneo Sabah Phase 1B (Lahad Datu — Kg. Sandau) Work Package 22.
This contract is expected to sta...

LorieGan

Sep 3, 2024 11:22

Central Global Bhd (8052)–Holding Strong on Support

Key Support Level: RM0.870
Resistance Level: RM0.930, RM1.000
After a significant spike in share price by Central Global Bhd (CGB), we see a retracement today back onto the key support level of RM0.870. We believe the spike in share price has contributed to anticipation of better fundamentals of CGB ahead. Nevertheless, by the second half of the trading day, we see selling pressure subsided, and the RSI shows a convergence for potential consol...

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