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Overview
Financial Highlight
HeadlinesBusiness Background Kobay Technology Bhd is an investment holding company. Through its subsidiaries, it engages in manufacturing of precision metal components. The operating segments of the company are Precision metal components which include manufacture of precision machined components, precision stamping, sheet metal parts and surface treatment, Precision tooling and equipment which includes manufacture of precision moulds, tooling and dies, and other related parts, Metal fabrication which includes manufacture of metal works and structures, modules and parts, and Property development which relates to the property development activities. The company operates in Malaysia, Singapore, USA, and other foreign countries. It derives the majority of the revenue from the Precision metal components segment.
  JustinX78 Follow director chipping in 😁 https://klse.i3investor.com/web/insider/detail/D_180088_70457833 25/07/2024 11:41 PM gooman Bullish outlook for Bursa Malaysia - https://www.thestar.com.my/business/business-news/2024/08/09/bullish-outlook-for-bursa-malaysia 09/08/2024 6:24 PM  laulau Morning Friends & Gentlemen! Uptrend is still intact! Bargain Hunting in Progress! Let's join Mr. Koay in accumulating on weakness! Recommendation: If Operator wants to sell cheap Don't Miss! Accumulate or Buyback on current weakness and we wait for another Breakout as Tech & DC stock Kobay is a Rebound King! 12/08/2024 9:07 AM laulau More upside for Kobay is coming as technology sectors to benefit from the data centre catalyst and the artificial intelligence (AI) theme. https://www.nst.com.my/business/corporate/2024/08/1090370/bursa-malaysia-closes-higher-midday-buying-interest-telcos-and 12/08/2024 2:36 PM gooman US stocks surged on Thursday as upbeat consumer and labour data fuelled a rally, easing recession fears and bolstering investor confidence. Semiconductor stocks outperformed the broader market on Thursday. Semiconductor ETFs, including SOXX and XSD, surged by 4.8 per cent and 5.4 per cent respectively. Industry leader Nvidia surged 4 per cent, whilst Broadcom and Monolithic Power Systems grew 5.4 per cent and 6.7 per cent respectively. 16/08/2024 8:46 AM laulau Why Tech & DC Stock Kobay? Subsequently, the fit-out process follows, during which newly built data centres are fitted with essential components like server racks, power distribution units, cooling systems, and security measures. This is the phase where tech players like Kobay with exposure to server and server-related equipment will start to benefit. “If we were to put a timeframe on this, our estimate would be the period of quarter four calendar year 2024 to first half of calendar year 2025, which is roughly the completion time for data centre construction jobs that started earlier this year,” said Kenanga. Malaysian Outsourced Semiconductor Assembly and Test services (OSAT) and Electronic Manufacturing Services (EMS) players may be relatively new to the server-related business, but they are well-versed in servicing multinational corporations (MNCs). With a strong track record of capabilities and reliable deliveries, they are well positioned to excel in this expanding sector. https://focusmalaysia.my/kenanga-tech-players-are-next-to-ride-the-data-centre-boom/#google_vignette 16/08/2024 1:12 PM laulau Recap! To add on to this good news, Kobay is Venturing into Advance Data Server Business by acquiring 65% share in Leapcode Sdn. Bhd. Leapcode presently holds an applications service provider classlicense-ASP(C) issued by Suruhanjaya Kommunikasi dan Multimedia Malaysia on 27 May 2024. Its principal activity is to assemble, maintain and repair engineering equipment inclusive advance data server. RATIONALE AND PROSPECT OF THE PROPOSED ACQUISITION Currently, Kobay’s subsidiary, Kobay Industries Sdn. Bhd is providing high level assembly services of advance data servers for its customers (Data Centers) and the Proposed Acquisition is synergistic to the Group’s operation for venture into support business for Data Servers in Data Centers currently mushrooming all over Malaysia especially in Penang, Selangor & Johor! 16/08/2024 1:15 PM laulau 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. 16/08/2024 1:18 PM Bettyem 这里没有惊喜吗? 2024-08-19 Insider KOBAY HOLDINGS SDN. BHD. (a substantial shareholder) acquired 224,100 shares on 16-Aug-2024. 2024-08-19 Insider DATO SERI KOAY HEAN ENG (a company director) acquired 224,100 shares at 2.252 on 16-Aug-2024. 2024-08-19 Insider MR KOAY ZEE EE (a company director) acquired 224,100 shares at 2.252 on 16-Aug-2024. 2024-08-16 Insider KOBAY HOLDINGS SDN. BHD. (a substantial shareholder) acquired 314,900 shares on 15-Aug-2024. 2024-08-16 Insider MR KOAY ZEE EE (a company director) acquired 314,900 shares at 2.208 on 15-Aug-2024. 2024-08-16 Insider DATO SERI KOAY HEAN ENG (a company director) acquired 314,900 shares at 2.208 on 15-Aug-2024. 20/08/2024 1:21 PM limitup4u Director are buying and yet the price is falling. Also, if you noticed, their purchase is equivalent to daily volume of 20-40%. If without their support, it could be even worst. 20/08/2024 3:12 PM GemSeekers @laulau ?? where is your fv 6.83 come from ?? . bearish chart support level 1.71 22/08/2024 2:49 PM limitup4u laulau will be missing when it drop, only appear when it up a bit with all the TP and rebound king bull shit 22/08/2024 4:25 PM 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 24/08/2024 11:17 PM 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/ 26/08/2024 1:38 PM gooman Foreign investors' net buying surged to RM1.4b last week — MIDF - https://theedgemalaysia.com/node/724165 26/08/2024 1:47 PM lavenderong Any reason why Kobay keep dropping? Bursa up 20 points. Bluechips and Banking Stocks. 28/08/2024 4:27 PM 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 . 28/08/2024 4:55 PM 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. 29/08/2024 9:10 AM 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... 29/08/2024 9:43 AM GemSeekers at current price , natgate is more attractive . downside risk much lower 29/08/2024 10:03 AM 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 29/08/2024 8:53 PM 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. 30/08/2024 3:49 PM 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 31/08/2024 8:05 AM gooman 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 31/08/2024 8:55 AM 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 31/08/2024 11:48 AM 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/ 31/08/2024 6:51 PM pang72 pang72 Next destination is $1.70 2 weeks ago TARGET 1.70 MET NEXT TP1 52WKS LOW 08/09/2024 9:58 PM  | |
