KOBAY TECHNOLOGY BHD

KLSE (MYR): KOBAY (6971)

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Last Price

1.53

Today's Change

-0.01 (0.65%)

Day's Change

1.51 - 1.54

Trading Volume

479,100


4 people like this.

1,887 comment(s). Last comment by JustinX78 1 week ago

GemSeekers

1,048 posts

Posted by GemSeekers > 2024-08-22 14:49 | Report Abuse

@laulau ?? where is your fv 6.83 come from ?? . bearish chart support level 1.71

pang72

51,982 posts

Posted by pang72 > 2024-08-22 15:24 | Report Abuse

Next destination is $1.70

limitup4u

410 posts

Posted by limitup4u > 2024-08-22 16:25 | Report Abuse

laulau will be missing when it drop, only appear when it up a bit with all the TP and rebound king bull shit

gooman

794 posts

Posted by gooman > 2024-08-24 23:17 | Report Abuse

Stocks Rally as Powell ‘Locks In’ a September Cut: Markets Wrap

Powell says ‘time has come’ for Fed to cut interest rates
Traders pricing over 100 basis points of Fed easing this year
https://www.bloomberg.com/news/articles/2024-08-22/stock-market-today-dow-s-p-live-updates?embedded-checkout=true

gooman

794 posts

Posted by gooman > 2024-08-26 13:38 | Report Abuse

According to government data compiled by Bloomberg, China continues to import semiconductor equipment at a record setting pace, with most orders coming from older generation machines. Due to its criticality in enabling advanced industries such as artificial intelligence and supercomputing, semiconductor equipment has become one of the most scrutinized industrial machinery in the world.
https://wccftech.com/asml-amat-among-firms-that-sold-record-26-billion-chip-equipment-to-china-through-july/amp/

gooman

794 posts

Posted by gooman > 2024-08-26 13:47 | Report Abuse

Foreign investors' net buying surged to RM1.4b last week — MIDF - https://theedgemalaysia.com/node/724165

GemSeekers

1,048 posts

Posted by GemSeekers > 2024-08-28 16:20 | Report Abuse

bearish chart support level 1.71 as mentioned earlier

Posted by lavenderong > 2024-08-28 16:27 | Report Abuse

Any reason why Kobay keep dropping? Bursa up 20 points. Bluechips and Banking Stocks.

GemSeekers

1,048 posts

Posted by GemSeekers > 2024-08-28 16:55 | Report Abuse

all tech conter drop badly , all waiting the NVIDIA qr tonight . is the bell weather for tech global now. if kobay results released tonight is not good and NViDIA qr is not expected . could be double edge sword then .

GemSeekers

1,048 posts

Posted by GemSeekers > 2024-08-29 08:57 | Report Abuse

support lvl 1.55

laulau

429 posts

Posted by laulau > 2024-08-29 09:10 | Report Abuse

Result for currently Qtr. looks good for Kobay, as core Manufacturing Biz shows improvement primarily from increasing sales orders, particularly within the component, aerospace, and surface treatment divisions. Rebound soon! Follow Directors to accumulate on current Weakness!

Also Nvidia reported second-quarter earnings that beat Wall Street expectations and provided stronger-than-expected guidance for the current quarter. The company also authorized an additional share buyback of $50 billion.

Kobay 4Qtr Result
Statement of Profit & Loss and Other Comprehensive Income

Kobay Group reported revenue and profit before tax ("PBT") of RM89.5 million and RM5.9 million respectively for the current quarter, reflecting a 31% increase in revenue and a 758% increase in PBT compared to the corresponding quarter of the preceding year. For current YTD, cumulative revenue (Total Qtr1 to Qtr4) of RM327 million with PBT of RM22.2 million.

1.1 Segmental Analysis Summary

#Manufacturing
The manufacturing division has demonstrated improving results, with a 37% QoQ increase in revenue and a 518% QoQ increase in PBT. The QoQ improvement primarily resulted from increasing sales orders, particularly within the component, aerospace, and surface treatment divisions.

#Property Development
The property division showed a slight improvement QoQ, with a 62% increase in revenue.

#Pharmaceutical & Healthcare
The revenue reported for the pharmaceutical and healthcare division showed a 14% increase QoQ and a 4% increase YoY.

#Asset and Investment Management
The Asset and Investment Management Division reported an increase in revenue of 27% QoQ and of 236% YoY. The profits primarily stem from generating income through dividends paid by subsidiary companies to the holding company.The revenue increase is largely attributed to the hospitality management services at Langkawi, significantly enhancing the division's performance.

GemSeekers

1,048 posts

Posted by GemSeekers > 2024-08-29 09:26 | Report Abuse

chart tell everything

8u29song

2,939 posts

Posted by 8u29song > 2024-08-29 09:27 | Report Abuse

I see opportunity...

laulau

429 posts

Posted by laulau > 2024-08-29 09:43 | Report Abuse

Yes! Especially when Kobay's core Manufacturing Biz shows improvement. As already reached 52 week low, downside risks are minimal as Nvidia the Bellweather for Tech Global beats market expectations! Just follow Directors accumulate on current weakness!

https://uk.finance.yahoo.com/news/nvidia-reports-record-quarterly-revenue-204626662.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAEys9WFSkfEVEU7L313_CC2NTxRW-4zTsTMe1cZGx8ztsObnY7nPaRAKUOPVA9gaT13J0ZiYEKzwPw9wusxRKqwSjHxuWycWTUq_j1kq60ZhyqyCTv8cOSs8BVj0SQdnW7HW9a-l_XYRZoYDrlIhZz7SBRzb4zmz1YU-HQPiOjkK

@8u29song

I see opportunity...

GemSeekers

1,048 posts

Posted by GemSeekers > 2024-08-29 10:03 | Report Abuse

at current price , natgate is more attractive . downside risk much lower

Posted by BornToSpeculate > 2024-08-29 20:53 | Report Abuse

laulau the way you promote stock is like a property agent. Nothing attractive about this counter. Almost 7 consecutive days of red, profit is terrible, PE is still high at this price, USD and Tech downtrend. This is more like exit immediately

value88

711 posts

Posted by value88 > 2024-08-30 15:49 | Report Abuse

The Koay family keep acquiring its own shares before and after the Q2'24 quarterly results announcement...the insiders are buying happily and cheaply from the retailers.

value88

711 posts

Posted by value88 > 2024-08-30 15:49 | Report Abuse

Sigh...no wonder most of the retailers lose money in stock market.

gooman

794 posts

Posted by gooman > 2024-08-31 08:05 | Report Abuse

US Consumer Sentiment Rises for First Time in Five Months

University of Michigan final August sentiment index at 67.9
Year-ahead inflation outlook at 2.8%, lowest since 2020
https://www.bloomberg.com/news/articles/2024-08-30/us-consumer-sentiment-rises-for-first-time-in-five-months

gooman

794 posts

Posted by gooman > 2024-08-31 08:44 | Report Abuse

Intel rose by almost 10 percent on Friday

gooman

794 posts

gooman

794 posts

Posted by gooman > 2024-08-31 11:48 | Report Abuse

Thailand, Malaysia see strong export rebound on tech upcycle
Trade-oriented ASEAN countries logged double-digit growth in July
https://asia.nikkei.com/Economy/Trade/Thailand-Malaysia-see-strong-export-rebound-on-tech-upcycle

gooman

794 posts

Posted by gooman > 2024-08-31 18:51 | Report Abuse

Manufacturers Optimistic On Malaysia’s Economy For Rest Of 2024
https://www.businesstoday.com.my/2024/08/31/manufacturers-optimistic-on-malaysias-economy-for-rest-of-2024/

EverettLee

368 posts

Posted by EverettLee > 2024-09-02 20:02 | Report Abuse

Follow the company and the director chipping in 😁

pang72

51,982 posts

Posted by pang72 > 2024-09-08 21:58 | Report Abuse


pang72

Next destination is $1.70

2 weeks ago

TARGET 1.70 MET
NEXT TP1 52WKS LOW

GemSeekers

1,048 posts

Posted by GemSeekers > 2024-09-10 15:02 | Report Abuse

support lvl 1.28

GemSeekers

1,048 posts

Posted by GemSeekers > 2024-09-11 16:47 | Report Abuse

next support lvl 1.02

xuxu

5,876 posts

Posted by xuxu > 2024-09-12 15:36 | Report Abuse

missed the boat amdui

Posted by paperhand123 > 2 months ago | Report Abuse

nah boat available again

gooman

794 posts

Posted by gooman > 2 months ago | Report Abuse

August semiconductor sales rise nearly 21% year-over-year: SIA
https://www.msn.com/en-us/money/markets/august-semiconductor-sales-rise-nearly-21-year-over-year-sia/ar-AA1rImz1

Posted by paperhand123 > 2 months ago | Report Abuse

grossly oversold for months, what would warren do......

ivanlau

1,396 posts

Posted by ivanlau > 1 month ago | Report Abuse

If based on forward eps 7x 16pe, the fair value will be rm 1.12 , today closing 1.29, think about that.............

pang72

51,982 posts

Posted by pang72 > 1 month ago | Report Abuse

$1.29 on 25Oct24...after one month dropping from $1.70..
Weak tech sector

JustinX78

146 posts

Posted by JustinX78 > 1 month ago | Report Abuse

The time when it breaks $2, it's a strong tech counter 😆

Posted by swissvillage > 1 month ago | Report Abuse

Thank You Donald Trump for Bitcoin's All-Time High
https://bitcoinmagazine.com/markets/thank-you-donald-trump-for-bitcoins-all-time-high

Posted by swissvillage > 1 month ago | Report Abuse

Thank You Donald Trump for Bitcoin's All-Time High
it's now up over 22% since last week. If Trump had lost, the price of BTC would have most likely plummeted due to Harris’ unfavorable policy around Bitcoin and overall horrible policy around financial markets in general — like wanting to tax unrealized gains.

Posted by paperhand123 > 1 month ago | Report Abuse

why are we discussing bitcoin here? kobay got interest in crypto space?

JustinX78

146 posts

Posted by JustinX78 > 1 month ago | Report Abuse

Kobay got involved in the advanced data server for Bitcoin

Posted by paperhand123 > 1 month ago | Report Abuse

interesting, thanks for the info!

Bitgold

41 posts

Posted by Bitgold > 4 weeks ago | Report Abuse

Kobay doing crypto mining machine ...good profit n huge order

JustinX78

146 posts

Posted by JustinX78 > 3 weeks ago | Report Abuse

Q1 results will be announced tonight ?

JustinX78

146 posts

Posted by JustinX78 > 2 weeks ago | Report Abuse

Impressive Q1 results 😯

Bettyem

670 posts

Posted by Bettyem > 2 weeks ago | Report Abuse

股息公告快来了?!!!

newbie9893

2,443 posts

Posted by newbie9893 > 2 weeks ago | Report Abuse

I am seeing that the buying momentum is pretty strong today, should continue move up in afteroon section.. ..go..go..go

newbie9893

2,443 posts

Posted by newbie9893 > 2 weeks ago | Report Abuse

I am seeing that the buying momentum is pretty strong today, should continue move up tomorrow.. ..go..go..go

Bettyem

670 posts

Posted by Bettyem > 2 weeks ago | Report Abuse

科技集会进行中!

道琼斯指数上涨 308.91 点,即 0.69%,至 45,014.44 点;标准普尔 500 指数上涨 36.59 点,即 0.60%,至 6,086.47 点;纳斯达克指数上涨 254.21 点,即 1.30%,至 19,735.12 点。

https://www.klsescreener.com/v2/news/view/1437505

8u29song

2,939 posts

Posted by 8u29song > 2 weeks ago | Report Abuse

steady

JustinX78

146 posts

Posted by JustinX78 > 1 week ago | Report Abuse

Momentum is back on Kobay !

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