|
| |
Overview
Financial Highlight
Headlines
Business 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.
  value88 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. 26/02/2020 6:14 PM value88 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. 26/02/2020 6:17 PM value88 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. 26/02/2020 10:28 PM 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  Icon8888 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 27/02/2020 7:24 AM Mkfarmer 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. 27/02/2020 9:25 AM cefiro22 ...dont understand ..it opened at 2.00 , then q at 1.86 x 8lots n thown to me at 15.09...why? 27/02/2020 4:58 PM Mkfarmer 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. 28/02/2020 8:50 PM Icon8888 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 28/02/2020 8:56 PM Mkfarmer 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? 28/02/2020 9:54 PM Icon8888 https://klse.i3investor.com/blogs/icon8888/2020-03-05-story-h1484718675-_Icon_Kobay_Technology_Growing_From_Strength_To_Strength.jsp 05/03/2020 2:47 PM bwho good counter won't stuck is a matter of time this gems is having low liquidity 22/04/2020 6:15 PM Invest_888 These 2 weeks share price goes up gradually. Kobay quarterly result will be out soon. The result should be good. 21/05/2020 10:13 AM  Shadow Fiend 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 King7 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 29/05/2020 9:08 AM Invest_888 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. 29/05/2020 3:52 PM zen_2k DUFU just sharesplit but KOBAY still dropping. Why management dw add liquidity 04/08/2020 12:58 AM Foker Who is Kobay shareholder here? Can ask at the AGM why is Kobay expanding its property segment so aggressively even though the property segment is making zero profits? 01/09/2020 10:02 PM Foker Don't make sense to me. If you can't make money in property, stop investing in property development. Invest in your core business 01/09/2020 10:03 PM wkkht QR is very good NTA: RM3.27. ASIAFLE 2.000 +0.1 (+5.3%) Quarterly rpt on consolidated results for the financial period ended 30 Sep 2020 ASIA FILE CORPORATION BHD Financial Year End 31 Mar 2021 Quarter 2 Qtr Quarterly report for the financial period ended 30 Sep 2020 The figures have not been audited Attachments AFC - FY2021 2Q Quarterly Results Announcement.pdf 671.7 kB Default CurrencyOther Currency Currency: Malaysian Ringgit (MYR) SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2020 INDIVIDUAL PERIOD CUMULATIVE PERIOD CURRENT YEAR QUARTER PRECEDING YEAR CORRESPONDING QUARTER CURRENT YEAR TO DATE PRECEDING YEAR CORRESPONDING PERIOD 30 Sep 2020 30 Sep 2019 30 Sep 2020 30 Sep 2019 $'000 $'000 $'000 $'000 1 Revenue 66,605 73,304 111,257 150,903 2 Profit/(loss) before tax 14,456 8,842 15,556 20,978 3 Profit/(loss) for the period 12,683 7,099 13,314 16,825 4 Profit/(loss) attributable to ordinary equity holders of the parent 12,690 7,079 13,340 16,807 5 Basic earnings/(loss) per share (Subunit) 6.52 3.63 6.85 8.63 6 Proposed/Declared dividend per share (Subunit) 0.00 0.00 0.00 0.00 AS AT END OF CURRENT QUARTER AS AT PRECEDING FINANCIAL YEAR END 7 Net assets per share attributable to ordinary equity holders of the parent ($) 3.2957 3.2149 30/11/2020 10:21 AM  | |
