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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 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. 08/02/2020 10:05 AM blackchicken 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. 12/02/2020 11:26 AM  Icon8888 Strong earning, right industry (Semicon), Low PE, Low liquidity Powder keg for Big Bang in share price 18/02/2020 8:30 AM 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 Stock Wizard (know yourself) market is bad , no gut to enter , will buy this someday 27/02/2020 5:38 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  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 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  | |
