KOBAY TECHNOLOGY BHD

KLSE (MYR): KOBAY (6971)

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Last Price

1.55

Today's Change

+0.01 (0.65%)

Day's Change

1.54 - 1.59

Trading Volume

731,200

Date Old New View
Discussions
4 people like this. Showing 50 of 1,887 comments

GemSeekers

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

2024-08-22 14:49

pang72

Next destination is $1.70

2024-08-22 15:24

limitup4u

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

2024-08-22 16:25

gooman

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

2024-08-24 23:17

gooman

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/

2024-08-26 13:38

gooman

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

2024-08-26 13:47

GemSeekers

bearish chart support level 1.71 as mentioned earlier

2024-08-28 16:20

lavenderong

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

2024-08-28 16:27

GemSeekers

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 .

2024-08-28 16:55

GemSeekers

support lvl 1.55

2024-08-29 08:57

laulau

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.

2024-08-29 09:10

GemSeekers

chart tell everything

2024-08-29 09:26

8u29song

I see opportunity...

2024-08-29 09:27

laulau

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...

2024-08-29 09:43

GemSeekers

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

2024-08-29 10:03

BornToSpeculate

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

2024-08-29 20:53

value88

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.

2024-08-30 15:49

value88

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

2024-08-30 15:49

gooman

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

2024-08-31 08:05

gooman

Intel rose by almost 10 percent on Friday

2024-08-31 08:44

gooman

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

2024-08-31 11:48

gooman

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/

2024-08-31 18:51

EverettLee

Follow the company and the director chipping in 😁

2024-09-02 20:02

pang72


pang72

Next destination is $1.70

2 weeks ago

TARGET 1.70 MET
NEXT TP1 52WKS LOW

2024-09-08 21:58

GemSeekers

support lvl 1.28

2024-09-10 15:02

GemSeekers

next support lvl 1.02

2024-09-11 16:47

xuxu

missed the boat amdui

2024-09-12 15:36

paperhand123

nah boat available again

2 months ago

paperhand123

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

2 months ago

ivanlau

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

2 months ago

pang72

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

2 months ago

JustinX78

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

1 month ago

swissvillage

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.

1 month ago

paperhand123

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

1 month ago

JustinX78

Kobay got involved in the advanced data server for Bitcoin

1 month ago

paperhand123

interesting, thanks for the info!

1 month ago

Bitgold

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

1 month ago

JustinX78

Q1 results will be announced tonight ?

3 weeks ago

JustinX78

Impressive Q1 results 😯

3 weeks ago

Bettyem

股息公告快来了?!!!

3 weeks ago

newbie9893

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

3 weeks ago

newbie9893

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

3 weeks ago

Bettyem

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

2 weeks ago

8u29song

steady

2 weeks ago

JustinX78

Momentum is back on Kobay !

2 weeks ago

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