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.

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 .

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

support lvl 1.55

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.

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

chart tell everything

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

I see opportunity...

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...

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

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.

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

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

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

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

Intel rose by almost 10 percent on Friday

Posted by gooman > 2024-08-31 08:55 | Report Abuse

Harris Isn’t Looking to Pick New Fights With China, Unlike Trump

https://www.bloomberg.com/news/articles/2024-08-30/harris-isn-t-looking-to-pick-new-fights-with-china-unlike-trump?embedded-checkout=true

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

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/

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

Follow the company and the director chipping in 😁

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

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

support lvl 1.28

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

next support lvl 1.02

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

missed the boat amdui

Posted by paperhand123 > 2024-10-02 10:50 | Report Abuse

nah boat available again

Posted by gooman > 2024-10-06 22:48 | 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 > 2024-10-14 10:46 | Report Abuse

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

Posted by ivanlau > 2 months 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.............

Posted by pang72 > 2 months ago | Report Abuse

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

Posted by JustinX78 > 2 months ago | Report Abuse

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

Posted by swissvillage > 2 months 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 > 2 months 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 > 2 months ago | Report Abuse

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

Posted by JustinX78 > 2 months ago | Report Abuse

Kobay got involved in the advanced data server for Bitcoin

Posted by paperhand123 > 2 months ago | Report Abuse

interesting, thanks for the info!

Posted by Bitgold > 1 month ago | Report Abuse

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

Posted by JustinX78 > 1 month ago | Report Abuse

Q1 results will be announced tonight ?

Posted by JustinX78 > 1 month ago | Report Abuse

Impressive Q1 results 😯

Posted by Bettyem > 1 month ago | Report Abuse

股息公告快来了？！！！

Posted by newbie9893 > 1 month ago | Report Abuse

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

Posted by Bettyem > 1 month ago | Report Abuse

外资重点关注Kobay这样的科技股！
https://www.bharian.com.my/bisnes/pasaran/2024/12/1332582/pelabur-dijangka-kembali-ke-sektor-teknologi-malaysia-aminvest

Posted by newbie9893 > 1 month ago | Report Abuse

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

Posted by Bettyem > 1 month 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

Posted by 8u29song > 1 month ago | Report Abuse

steady

Posted by JustinX78 > 1 month ago | Report Abuse

Momentum is back on Kobay !

Posted by Bettyem > 3 weeks ago | Report Abuse

穿云箭即将射出!!!

Posted by gooman > 3 weeks ago | Report Abuse

CIMB Securities said in its recent report that it expects Malaysia’s technology sector revenue to grow by an average of 25 percent in 2025 to 2026 (versus +2 percent in 2024), driven by a broader recovery in the global semiconductor market, underpinned by AI infrastructure investments and a pickup in the inventory replenishment cycle.
https://technode.global/2024/12/27/analysts-foresee-recovery-for-malaysias-tech-sector-next-year/

Posted by JustinX78 > 2 weeks ago | Report Abuse

Waiting for KOBAY to hit RM2 🙂

Posted by paperhand123 > 2 weeks ago | Report Abuse

make kobay great again!

Posted by gooman > 2 weeks ago | Report Abuse

Market analysts expect Bursa to stay buoyant in 2025 - https://theedgemalaysia.com/node/738822

Posted by JustinX78 > 3 days ago | Report Abuse

Let's go, Kobay
https://www.thestar.com.my/business/business-news/2025/01/17/trump039s-inauguration-marks-new-era-for-cryptocurrency

Posted by Bettyem > 1 day ago | Report Abuse

科技股要反弹？拜登政府新设的美国人工智能芯片出口限制将被特朗普撤销？

以下是特朗普在周一正式就职典礼前所说的话：

第一天命令：当选总统谈到了他计划在第二任期的第一天签署的行政行动。特朗普表示：“拜登政府的每一项激进而愚蠢的行政命令都将在我宣誓就职后数小时内被废除。”