Posted by gooman > 3 weeks ago | Report Abuse

Malaysia's property market to be stable in 2024 with sustained growth over next 3 years - Nga - https://www.thestar.com.my/business/business-news/2024/06/06/malaysia039s-property-market-to-be-stable-in-2024-with-sustained-growth-over-next-3-years---nga

Posted by 8u29song > 3 weeks ago | Report Abuse

steady.....I m ready..........

Posted by nasgee > 3 weeks ago | Report Abuse

kemonnn kobayyy..

Posted by 8u29song > 3 weeks ago | Report Abuse

yes....210 done....

Posted by laulau > 3 weeks ago | Report Abuse

Bursa now very bullish & Foreign Funds are here. If operators are willing to sell cheap just accumulate on weakness. The benefit outweighs the risk since retail only holds 20%, balance are held by substantial shareholders including Institutions, EPF & KWAP will support Govt's RE initiatives as mentioned above.
Recap.
#Kobay has been making profit for 3 consecutive Qtrs., with Profit of RM5.84M on a Turnover of RM87.79M for Qtr. 3.
#Earnings vs Savings Rate: KOBAY's forecast earnings growth (60.4% per year) is above the savings rate (3.6%).
#Earnings vs Market:
KOBAY's earnings (60.4% per year) are forecast to grow faster than the MY market (12.1% per year).
#High Growth Earnings:
KOBAY's earnings are expected to grow significantly over the next 3 years.
#The 2 new projects, namely EMS and solar frame should be operational and generating income from next quarter onwards.
#There is a relatively healthy outlooks for aerospace and O&G divisions.
#Solar segment. The group is ready for its venture into the manufacturing of aluminium frames for solar panels for renewable energy-related business. #Kobay has already completed the renovation and installation of the new 15 -acre plant dedicated for renewable energy-related business. The prior delay from authorities’ approvals has been rectified and the factory is now successfully connected to the electric power after the substation upgrade by TNB. The anodizing line has been set up and currently the factory is ready to run for production.
#EMS. Recall that Kobay invested RM20m in Innospec, a new SMT services subsidiary, to provide end-to-end complete solution for ADS. Kobay has already been qualified by customers in 2QFY23 and is currently awaiting orders to be released to kick start production. At this juncture, the group just secured 2 customers with revenue guidance of about RM1m monthly. Despite the minimal contribution Kobay’s main aim is to utilize the readily available SMT line and achieve breakeven.
#Advance data server. Demand has improved as bitcoin price has more than doubled from breakeven price of USD27k to 67k as of June 2024.
#Property and pharmaceutical. Property development is expected to deliver positive performance on the back of the completion of its maiden Langkawi project.
#Pharmaceutical shall continue to work on widening its product range, along with cost control efforts to improve profitability and market competitiveness. The division is looking to expand its business in nutrition/supplement that could garner higher margin.

Posted by 8u29song > 3 weeks ago | Report Abuse

be patient....

Posted by 8u29song > 3 weeks ago | Report Abuse

steady....phew...

Posted by nasgee > 3 weeks ago | Report Abuse

monday LU...vrommm

Posted by gooman > 3 weeks ago | Report Abuse

TSMC’s May Sales Rise 30% as Countries Race to Secure AI Chips

AI is driving a global boom in data center construction
TSMC is the biggest chipmaker to both Apple and Nvidia
https://www.bloomberg.com/news/articles/2024-06-07/tsmc-s-may-sales-rise-30-as-countries-race-to-secure-ai-chips

Posted by gooman > 3 weeks ago | Report Abuse

https://www.bloomberg.com/news/articles/2024-06-07/china-s-may-exports-surge-7-6-in-boost-for-economy

Posted by sinojab > 2 weeks ago | Report Abuse

Share price follow diesel up 50%

Posted by 8u29song > 2 weeks ago | Report Abuse

steady.

Posted by paperhand123 > 2 weeks ago | Report Abuse

where is the technical breakout my lift like jammed already lol

Posted by opportunist88 > 2 weeks ago | Report Abuse

Seems no one push up for me sell

Posted by opportunist88 > 2 weeks ago | Report Abuse

where is the 3.00

Posted by limitup4u > 2 weeks ago | Report Abuse

HAHA, no parts to repair the lift.. stay for awhile more at the penthouse

Posted by paperhand123 > 2 weeks ago | Report Abuse

ya guess so, till the next QR or hopefully before....

Posted by nasgee > 2 weeks ago | Report Abuse

get setttt goooo..vroommm...faterrrr

Posted by laulau > 2 weeks ago | Report Abuse

Correction over? Operators has done many rounds of washing to flush away stale bulls & weak holders! Kobay will benefit from planned US Tariff increase from 25% to 50% for E&E products just like gloves sector

Apart from diversification into Healthcare Business, Kobay Technology benefits from Semiconductor, E&E demand surge due to US Planned Tariff increase to 50% from 25% for China made E&E products imported into US Market.
Kobay will start electronic manufacturing system (EMS) and solar panels soon. Kobay is ready to manufacture aluminium frames for solar panels as the renovation and installation of its new 15-acre plant dedicated to renewable energy-related business had completed.

Kobay will be a beneficiary of US's tariff increase from 25% to 50% on China made solar cells modules/aluminium frames, as according to a White House statement: The tariff rate on solar cells (whether or not assembled into modules) will increase from 25% to 50% in 2024. The tariff increase will protect against China's policy-driven overcapacity that depresses prices and inhibits the development of solar capacity outside of China like Malaysia (Kobay)
*Note: US to Hike Tariffs on China Imports:
Steel and aluminium: The tariff rate on certain steel and aluminum products under Section 301 will increase from 0-7.5% to 25% in 2024.
Semiconductors: The tariff rate on semiconductors will increase from 25% to 50% by 2025.
https://www.fastmarkets.com/insights/biden-hikes-tariffs-on-chinese-imports-steel-aluminium-electric-vehicles-among-sectors-targeted/#:~:text=Semiconductors%3A%20The%20tariff%20rate%20on,%25%20to%20100%25%20in%20202

Rpecommendation:
Kobay shares are tightly held by substantial shareholders. Since weak holders and retailers already flushed out and most substantial shareholder's holding cost is RM4 or above? not many are willing to sell at current price. Operators will go for the lower hanging fruit of RM3 before next TP4~4.50. The next run-up will be fast & furious! Accumulate on any weakness and we wait for the Breakout to the next wave of buy by market & Foreign Funds such as Dimensional Fund etc.
https://theedgemalaysia.com/node/713761

Posted by pang72 > 2 weeks ago | Report Abuse

Bro James, hv you finish selling KOBAY?

Posted by laulau > 2 weeks ago | Report Abuse

If Kobay has Lu to 2.58 before, it can Lu or even Gap-up just by association with any E&E player like Foxconn or similar like Vitrox in current Bullish Market?

Recommendation:
Kobay shares are tightly held by substantial shareholders. Since weak holders and retailers already flushed out and most substantial shareholder's holding cost is RM4 or above? not many are willing to sell at current price. Operators will go for the lower hanging fruit of RM3 before next TP4~4.50. The next run-up will be fast & furious! Accumulate on any weakness and we wait for the Breakout to the next wave of buy by market & Foreign Funds such as Dimensional Fund etc.
https://theedgemalaysia.com/node/713761

Posted by 754232 > 2 weeks ago | Report Abuse

maybe trap

Posted by laulau > 2 weeks ago | Report Abuse

This is a calculated Risk backed by many feel good factors for Kobay as mentioned above.
Remember The Bigger the Risk, The Bigger the Returns!
Procrastination is the enemy of success.” — ...
“He who awaits much can expect little.” — ...

Posted by pang72 > 2 weeks ago | Report Abuse

Another great rebound stock is KOBAY after bro James heavy selling..

Let's go $3

Posted by paperhand123 > 2 weeks ago | Report Abuse

ok laulau i'm with you lets go level 3 📈📈📈

Posted by limitup4u > 2 weeks ago | Report Abuse

here it come again

Posted by 8u29song > 2 weeks ago | Report Abuse

terrible......hope that bad thing is over....

Posted by laulau > 2 weeks ago | Report Abuse

Friends & Gentleman can Kobay the comeback King go RM3 in this Bullish market?

pang72

Another great rebound stock is KOBAY after bro James heavy selling..

Let's go $3

Posted by 8u29song > 2 weeks ago | Report Abuse

tomorrow another show...

Posted by JustinX78 > 2 weeks ago | Report Abuse

Momentum slows down due to Haji Holiday 😁

Posted by laulau > 1 week ago | Report Abuse

Foreign investment in the semiconductor industry increases, and Penang’s technology and construction industry is booming

Nanyang Sun, Jun 16, 2024 09:45pm

Kobay is one of the beneficiary under engineering support.
https://www.enanyang.my/node/609320

Posted by laulau > 1 week ago | Report Abuse

Bursa already up 6 points to 1613 today with Tech & DC stock Rally. Operator already cleared the block to grab everything from weak holders & stale bulls! What else are we waiting for?

Posted by laulau > 1 week ago | Report Abuse

No worries, If you don't succeed this time just follow Operator to buyback the shares since no selling pressure! Viva de la Kobay!

Recommendation:
Kobay shares are tightly held by substantial shareholders. Since weak holders and retailers already flushed out and most substantial shareholder's holding cost is RM4 or above? not many are willing to sell at current price. Operators will go for the lower hanging fruit of RM3 before next TP4~4.50. The next run-up will be fast & furious! Accumulate on any weakness and we wait for the Breakout to the next wave of buy by market & Foreign Funds such as Dimensional Fund etc.

Posted by laulau > 1 week ago | Report Abuse

Kobay to benefit from E&E, Aerospace & RE solar power projects from China Premier's Visit.

Malaysia, China likely to discuss wide range of issues to enhance economic collaboration - experts L

He said that apart from further consolidating existing links and identifying new sectors for cooperation, Anwar and Li are anticipated to facilitate the growth of Malaysian commodities, such as palm oil and durian-related products as well as enhance technology cooperation, which has been on the rise in recent years.

"Other new areas of focus may include aerospace, communications and green energy sectors," he said.

China has been Malaysia’s largest trading partner for 15 consecutive years since 2009. Last year, total trade with China was valued at RM450.84 billion (US$98.80 billion), contributing 17.1 per cent to Malaysia’s global trade.

Discussions on renewable energy on the cards

Echoing Abdul Majid’s views, Anthony said as both Malaysia and China are investing in clean technologies like solar, wind and hydro power, discussions on renewable energy are likely to be held to harness the green technology besides merely focusing on technology.

https://www.thestar.com.my/business/business-news/2024/06/18/malaysia-china-likely-to-discuss-wide-range-of-issues-to-enhance-economic-collaboration---experts

Posted by laulau > 1 week ago | Report Abuse

Morning Friends & Gentleman! Kobay is the Comeback King! Accumulate on any weakness and let's see how high Kobay rebounds by end of today as Bursa is Bullish together with Dow Jones powered by Tech & E&E stock such a Nvidia?
https://www.nst.com.my/business/corporate/2024/06/1065382/us-stocks-hit-fresh-record-nvidia-becomes-most-valuable-public

Posted by laulau > 1 week ago | Report Abuse

Good news for Kobay & E&E Businesses!
https://www.nst.com.my/business/economy/2024/06/1065492/oxford-economics-malaysia-benefit-electronics-recovery-second-half

Posted by laulau > 1 week ago | Report Abuse

Kobay will be a beneficiary of Govt's RE funding?

https://www.thestar.com.my/business/business-news/2024/06/20/re-industry-poised-to-receive-huge-amounts-of-funding

Posted by laulau > 6 days ago | Report Abuse

Kobay is the Comeback King! After Operator wash away the weak holders, will Kobay moves higher today after bouncing back from 2.26?

According to RHB Retail Research, Kobay Technology is poised for a technical breakout after rebounding off the 21-day SMA line and closing at the immediate resistance of MYR2.26 last week.

RHB Retail Research in a note on May 31 said, if a breakout happens above that mark, the counter will trend higher towards the 52-week high of MYR2.58, followed by MYR3 level

Key Takeaways.
Kobay to benefit from:
#E&E Recovery
#Govt RE Funding
#US tariff increase from 25 to 50% for China Solar & Aluminium products into US etc
#Aerospace services & products recovery in demand etc.
Will Operator make a move for LU in the afternoon?

Posted by limitup4u > 5 days ago | Report Abuse

You are really a hardcore promoter for this counter. 🫡🫡

Posted by laulau > 5 days ago | Report Abuse

Accumulate on any weakness &:let's wait for the next rebound!
Recommendation:
Kobay shares are tightly held by substantial shareholders. Since weak holders and retailers already flushed out and most substantial shareholder's holding cost is RM4 or above? not many are willing to sell at current price. Operators will go for the lower hanging fruit of RM3 before next TP4~4.50. The next run-up will be fast & furious! Accumulate on any weakness and we wait for the Breakout to the next wave of buy by market & Foreign Funds such as Dimensional Fund etc.

Posted by laulau > 4 days ago | Report Abuse

Kobay will be a beneficiary of US Tariffs increase on China exports.

Chinese companies seeking help from Putrajaya to dodge US tariffs — report
By Syafiqah Salim / theedgemalaysia.com
25 Jun 2024
https://theedgemalaysia.com/node/716691

Posted by curiousq > 4 days ago | Report Abuse

How is the prospect of this counter? I saw the profit margin was lower and lower over the years ..... although revenue increased but profit dropped a lot 😥

Posted by nasgee > 4 days ago | Report Abuse

flyyyy kobayy..to japan...vroomm

Posted by nasgee > 2 days ago | Report Abuse

now get settt..goo vroommm fasterr ...

Posted by JustinX78 > 2 days ago | Report Abuse

It’s cheap if it’s below RM2

Posted by laulau > 2 days ago | Report Abuse

Pre Market Reading:
Yes! Everyone likes a bargain as Kobay is value for money! Accumulate on any weakness as current price only RM2.11 while it's Fair Value is RM6.83, a 69.3% Discount! & let's wait for the rebound!

Kobay Future Prospects:
Based on Last Reported Earnings Mar 31, 2024
Earnings per share (EPS) 0.028
Gross Margin 21.89%
Net Profit Margin 2.98%
Debt/Equity Ratio 29.8%

REWARDS
#Trading at 69.3% below our estimate of its fair value
#Earnings are forecast to grow 60.42% per year

What is the Fair Price of KOBAY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Kobay is:
69.3% Undervalued
Current Price RM2.10
Fair Value RM6.83

Recap.
#Kobay has been making profit for 3 consecutive Qtrs., with Profit of RM5.84M on a Turnover of RM87.79M for Qtr. 3.
#Cashrich, with RM49.27m in the bank with Interest coverage ratio 3.6x
#Debt to Equity Ratio of 29.8%
(Equity RM 396.50m
With Total assets of RM 596.62m)
#Earnings vs Savings Rate: KOBAY's forecast earnings growth (60.4% per year) is above the savings rate (3.6%).
#Earnings vs Market:
KOBAY's earnings (60.4% per year) are forecast to grow faster than the MY market (12.1% per year).
#High Growth Earnings:
KOBAY's earnings are expected to grow significantly over the next 3 years.
#The 2 new projects, namely EMS and solar frame should be operational and generating income from next quarter onwards.
#There is a relatively healthy outlooks for aerospace and O&G divisions.
#Solar segment. The group is ready for its venture into the manufacturing of aluminium frames for solar panels for renewable energy-related business. #Kobay has already completed the renovation and installation of the new 15 -acre plant dedicated for renewable energy-related business. The prior delay from authorities’ approvals has been rectified and the factory is now successfully connected to the electric power after the substation upgrade by TNB. The anodizing line has been set up and currently the factory is ready to run for production.
#EMS. Recall that Kobay invested RM20m in Innospec, a new SMT services subsidiary, to provide end-to-end complete solution for ADS. Kobay has already been qualified by customers in 2QFY23 and is currently awaiting orders to be released to kick start production. At this juncture, the group just secured 2 customers with revenue guidance of about RM1m monthly. Despite the minimal contribution Kobay’s main aim is to utilize the readily available SMT line and achieve breakeven.
#Advance data server. Demand has improved as bitcoin price has more than doubled from breakeven price of USD27k to 67k as of June 2024.
#Property and pharmaceutical. Property development is expected to deliver positive performance on the back of the completion of its maiden Langkawi project.
#Pharmaceutical shall continue to work on widening its product range, along with cost control efforts to improve profitability and market competitiveness. The division is looking to expand its business in nutrition/supplement that could garner higher margin.

Posted by nasgee > 2 days ago | Report Abuse

fasterrr vroomm soon

Posted by limitup4u > 2 days ago | Report Abuse

vrooming to holland

Posted by laulau > 1 day ago | Report Abuse

Kobay's a Comeback King! After so many rounds of washing by Operator only left the hardcore shareholders!
Let's wait for the next run-up!
Recommendation:
Kobay shares are tightly held by substantial shareholders. Since weak holders and retailers already flushed out and most substantial shareholder's holding cost is RM4 or above? not many are willing to sell at current price. Operators will go for the lower hanging fruit of RM3 before next TP4~4.50. The next run-up will be fast & furious! Accumulate on any weakness and we wait for the Breakout to the next wave of buy by market & Foreign Funds such as Dimensional Fund etc.
https://theedgemalaysia.com/node/713761

Posted by gooman > 1 day ago | Report Abuse

Morgan Stanley Turns Bullish on Chinese Banks as Risks Subside

Policy moves will boost mortgages, margins, analyst says
Industrial upgrades paying off, aiding shift from property
https://www.bloomberg.com/news/articles/2024-06-28/morgan-stanley-turns-bullish-on-chinese-banks-as-risks-subside?embedded-checkout=true