Posted by Moderate > 2019-12-04 17:25 | Report Abuse

You're right!

Posted by Icon8888 > 2019-12-05 09:56 | Report Abuse

RM2 soon

Posted by Rachel Lee Lingwooi > 2019-12-12 14:58 | Report Abuse

Yes finally move up soon to RM2

Posted by Endgame > 2019-12-12 22:52 | Report Abuse

Collect more

Posted by blackchicken > 2020-01-15 07:38 | Report Abuse

https://au.news.yahoo.com/china-buy-more-us-cars-planes-energy-053651501--spt.html
China to raise U.S. car, aircraft, energy purchases in trade deal--source

Posted by blackchicken > 2020-01-16 15:11 | Report Abuse

https://www.flightglobal.com/us-china-trade-pact-likely-a-boon-for-boeing/136166.article

Posted by Icon8888 > 2020-01-29 14:58 | Report Abuse

stirring ...

Posted by value88 > 2020-01-31 18:01 | Report Abuse

Finally managed to buy some today. I have queue to buy for many days and today is the day I become the shareholder of Kobay.
Its aerospace, O&G segments have been doing well in 2019 and will continue to do well in 2020. Its semiconductor segment didn't do well in 2019 but will do well in 2020 due to recovery of semiconductor industry.
With all the 3 manufacturing segments having growth prospect, Kobay is almost certain to perform better YoY in 2020.

As for its property segment, the contribution % is much less than manufacturing segment, so if it does not make loss in 2020 is good enough for me.

Posted by value88 > 2020-02-07 17:11 | Report Abuse

I just noticed the total volume of 4.8k shares transacted today are all acquired by me.
It's like Kobay open for trading today is solely for my sake, haha.
Anyway, I have accumulated almost enough. Wait and hope for better quarterly result b4 end Feb.

Posted by value88 > 2020-02-08 10:03 | Report Abuse

It is reasonable to compare Kobay with FoundPac and UWC because they belong to the same industry, i.e. precision components, tooling and metal fabrication.
Both FoundPac and UWC are selling at 30x-40x PE multiple now, and Kobay is a much cheaper option as it is selling at merely 10x PE multiple.

The question is will market give Kobay higher PE multiple, just like they gave to UWC and FoundPac ? If market does recognise Kobay is a much cheaper option for precision parts industry one day, Kobay's stock price will surge.

Posted by value88 > 2020-02-08 10:05 | Report Abuse

But of course the condition is Kobay must show growth in its revenue and earnings just like UWC and FoundPac did. I believe Kobay can achieve that in FY2020 riding on the recovery of semiconductor industry.

Posted by blackchicken > 2020-02-12 11:26 | Report Abuse

https://www.nst.com.my/news/nation/2020/02/564524/japan-offers-malaysia-new-frontier-space-exploration

TOKYO: Japan is ready to take Malaysia to a new frontier in space exploration and technology, via collaborative initiatives.

Japan Aerospace Exploration Agency (JAXA) international relations and research department director Yoshikazu Shoji said Malaysia already has a head start by having its first astronaut flown to the International Space Station (ISS); its involvement in the Malaysia East Asia Satellite (Measat) and micro-satellite programme; and aviation and aerospace industries.

"With Malaysia's experience in these sectors and the decades-old strong bilateral relationship between both countries, I reckon Malaysia can forge ahead in space science and beyond.

Posted by cefiro22 > 2020-02-17 18:39 | Report Abuse

Kobay with PE just under 10 looks like a good bet at below 1.90

Posted by Icon8888 > 2020-02-18 08:28 | Report Abuse

Can this be the Super star of 2020 ?

Posted by Icon8888 > 2020-02-18 08:30 | Report Abuse

Strong earning, right industry (Semicon), Low PE, Low liquidity

Powder keg for Big Bang in share price

Posted by lls9988 > 2020-02-20 10:35 | Report Abuse

too low liquidity, so hard to buy

Posted by Icon8888 > 2020-02-26 17:24 | Report Abuse

YES !!!! YES YES YES !!!!!

EPS of 6.8 sen per quarter !!!!!

Posted by value88 > 2020-02-26 18:14 | Report Abuse

Fantastic earnings. In fact, last quarter would have shown similarly good earnings result if not dragged down by its property segment's one-off loss.

Posted by value88 > 2020-02-26 18:17 | Report Abuse

I suppose year 2020 will be a better year for Kobay as semiconductor industry will perform better in 2020 than 2019, with the exception in Q1'20 which may be dragged down by Covid-19 epidemic.

Kobay's result is a stream in the desert, after portfolio being beaten down by black swans in past 2 months.

Posted by Icon8888 > 2020-02-26 18:58 | Report Abuse

Easily 250 in next three months

Posted by value88 > 2020-02-26 22:28 | Report Abuse

My calculation shows the min fair value is RM2.59 per share, and that is the minimum fair value.
The higher fair value would depend on what PE multiple the market is willing to give to Kobay.

Kobay is in the same industry, i.e. precision component, tooling and metal fabrication, as UWC and FPGroup. If one looks at their PE multiple and compare with Kobay's, u can see how much Kobay can go up in stock price if it can get PE multiple closer to its peers.

Posted by Icon8888 > 2020-02-26 22:44 | Report Abuse

27 Sen EPS , 20 times PE

Fair value RM5.40

Posted by Mkfarmer > 2020-02-27 00:27 | Report Abuse

Kobay have lower PE multiple probably because of lower ROE. Almost all profit are coming from manufacturing, but big part of equities are for the property development. If exclude property development section, the ROE is actuary quite high. For me, the assets in property development form a layer of safety for Kobay, but some investors view it otherwise.

Posted by Icon8888 > 2020-02-27 07:24 | Report Abuse

You lack independent thinking and self confidence

You are assuming market is correct all the time

You are assuming that market is consciously pricing kobay at such Low level

Market misprices kobay, and you try to justify for it as though market is right

The correct thing to do is to lead the market by promoting and explaining to the unawared investors

When kobay goes to RM3.00, your “Low ROE hence deserves Low valuation” theory will look silly and lack of self confidence and vision

Posted by Icon8888 > 2020-02-27 07:33 | Report Abuse

Kobay can become RM4 within two years

Posted by Mkfarmer > 2020-02-27 09:25 | Report Abuse

Promoting a stock can only push up the price temporarily. Investors are smarter than you. May be you want to sell it now?

Another reason for the low PE is because of low dividend. 3 cents only out of 18 cents profit. Really kiam siap.

Posted by Icon8888 > 2020-02-27 16:28 | Report Abuse

Selling ?

Just bought some this morning

Posted by cefiro22 > 2020-02-27 16:58 | Report Abuse

...dont understand ..it opened at 2.00 , then q at 1.86 x 8lots n thown to me at 15.09...why?

Posted by Icon8888 > 2020-02-27 17:30 | Report Abuse

This stock is in iCapital portfolio

Study his annual report

Posted by no buy no feel > 2020-02-27 17:38 | Report Abuse

market is bad , no gut to enter , will buy this someday

Posted by Icon8888 > 2020-02-28 09:23 | Report Abuse

Busy collecting at 2

Posted by Mkfarmer > 2020-02-28 20:50 | Report Abuse

Icon, if share price reached RM3.00, it will not disprove "Low ROE hence deserves Low valuation", because the latest quarter's ROE is quite high, 3.67%. If you want to argue, please argue with logic.

Posted by Icon8888 > 2020-02-28 20:56 | Report Abuse

One day you say Kobay Low ROE one day you say not Low ROE

Which is which ?

____________

Mkfarmer Kobay have lower PE multiple probably because of lower ROE. Almost all profit are coming from manufacturing, but big part of equities are for the property development. If exclude property development section, the ROE is actuary quite high. For me, the assets in property development form a layer of safety for Kobay, but some investors view it otherwise.
27/02/2020 12:27 AM

Posted by Mkfarmer > 2020-02-28 21:54 | Report Abuse

I commented about the relationship between PE and ROE. When I made that comment, latest quarter's ROE just coming out, market has not yet respond to that ROE, there is no related PE to that ROE. So when I said "lower PE multiple probably because of lower ROE", of course I mean the past ROE and PE. I thought this is very obvious?

Posted by Icon8888 > 2020-02-29 15:39 | Report Abuse

@@

Posted by Icon8888 > 2020-03-05 14:47 | Report Abuse

https://klse.i3investor.com/blogs/icon8888/2020-03-05-story-h1484718675-_Icon_Kobay_Technology_Growing_From_Strength_To_Strength.jsp

Posted by Nepo > 2020-03-13 06:21 | Report Abuse

This time Kobay cannot escape from this round depression..

Posted by Invest_888 > 2020-04-17 23:12 | Report Abuse

Almost all tech stocks go up significantly, time for Kobay to fly.

Posted by bjbjbj > 2020-04-21 21:13 | Report Abuse

icon888 stuck at 2. gg

Posted by bwho > 2020-04-22 18:15 | Report Abuse

good counter won't stuck is a matter of time this gems is having low liquidity

Posted by Invest_888 > 2020-05-21 10:13 | Report Abuse

These 2 weeks share price goes up gradually. Kobay quarterly result will be out soon. The result should be good.

Posted by PenangInvestor > 2020-05-21 11:21 | Report Abuse

Time to increase the liquidity.

Posted by King7 > 2020-05-28 20:54 | Report Abuse

The stronger ever Q3.

Posted by khuen > 2020-05-28 23:20 | Report Abuse

the result was for 2 months back, i doubt the future results will adversely affected due to its involved market of aerospace, oil and gas, property remained terrible.

Posted by mf > 2020-05-28 23:20 | Report Abuse

Oil dips on surprise U.S. inventory build

Posted by PenangInvestor > 2020-05-29 08:57 | Report Abuse

Steady grow. Too low profile & liquidity.

Posted by King7 > 2020-05-29 09:08 | Report Abuse

Khuen.... u mean their business like selling egg on pasar malam? Order / production can happened in short term 2 months???

Telur 2 biji. Bursa 101 .
‐-----------‐-------------'zzzzz
khuen the result was for 2 months back, i doubt the future results will adversely affected due to its involved market of aerospace, oil and gas, property remained terrible.

28/05/2020 11:20 PM

Posted by Invest_888 > 2020-05-29 15:52 | Report Abuse

Kobay quarterly financial result is really better than expected. Many stock buyers thought
DUFU is the best earning Tech company with 5.5 cents. Kobay earns 6.3 cents. Now, Kobay beats DUFU. Dufu share price is RM4.96. Kobay share price is close to RM2.00. Why don't buy Kobay instead of Dufu.

Posted by PenangInvestor > 2020-05-29 17:09 | Report Abuse

Should compared with UWC, they have same business & customers.

Posted by Drsnazzy > 2020-07-03 14:53 | Report Abuse

this stock is the real kobay beef of technology sector