"What is it?"
"It's a chimbo, look at that hand on that ass!"
" Nohh que reloj tan chimbo/ what a chimbo clock"
"Que carro tan chimbo / buhh! what a chimbo car "
Also chimbo can be used as a synonim of lame.
Don't be a chimbo. That guy had an extra pencil and didn't let me borrow it, what a chimbo.