Posted by gooman > 2024-08-16 08:46 | Report Abuse

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.

Posted by laulau > 2024-08-16 13:12 | Report Abuse

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

Posted by laulau > 2024-08-16 13:15 | Report Abuse

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!

Posted by laulau > 2024-08-16 13:18 | Report Abuse

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.

Posted by GemSeekers > 2024-08-16 15:59 | Report Abuse

QR surprise ?

Posted by limitup4u > 2024-08-20 13:02 | Report Abuse

Hope it not a `surprise'

Posted by Bettyem > 2024-08-20 13:21 | Report Abuse

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.

Posted by limitup4u > 2024-08-20 15:12 | Report Abuse

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.

Posted by limitup4u > 2024-08-22 11:15 | Report Abuse

It will be lucky if it doesn’t break RM2.00

Posted by GemSeekers > 2024-08-22 14:49 | Report Abuse

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

Posted by pang72 > 2024-08-22 15:24 | Report Abuse

Next destination is $1.70

Posted by limitup4u > 2024-08-22 16:25 | Report Abuse

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

Posted by gooman > 2024-08-24 23:17 | Report Abuse

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

Posted by gooman > 2024-08-26 13:38 | Report Abuse

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/

Posted by gooman > 2024-08-26 13:47 | Report Abuse

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

Posted by gooman > 2024-08-26 19:43 | Report Abuse

https://theedgemalaysia.com/node/724209

Posted by GemSeekers > 2 months ago | Report Abuse

bearish chart support level 1.71 as mentioned earlier

Posted by lavenderong > 2 months ago | Report Abuse

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

Posted by GemSeekers > 2 months ago | Report Abuse

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 .

Posted by GemSeekers > 2 months ago | Report Abuse

support lvl 1.55

Posted by laulau > 2 months ago | Report Abuse

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.

Posted by GemSeekers > 2 months ago | Report Abuse

chart tell everything

Posted by 8u29song > 2 months ago | Report Abuse

I see opportunity...

Posted by laulau > 2 months ago | Report Abuse

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...

Posted by GemSeekers > 2 months ago | Report Abuse

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

Posted by BornToSpeculate > 2 months ago | Report Abuse

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

Posted by value88 > 2 months ago | Report Abuse

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.

Posted by value88 > 2 months ago | Report Abuse

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

Posted by gooman > 2 months ago | Report Abuse

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

Posted by gooman > 2 months ago | Report Abuse

Intel rose by almost 10 percent on Friday

Posted by gooman > 2 months ago | Report Abuse

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

Posted by gooman > 2 months ago | Report Abuse

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

Posted by gooman > 2 months ago | Report Abuse

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/

Posted by EverettLee > 2 months ago | Report Abuse

Follow the company and the director chipping in 😁

Posted by pang72 > 2 months ago | Report Abuse

pang72

Next destination is $1.70

2 weeks ago

TARGET 1.70 MET
NEXT TP1 52WKS LOW

Posted by GemSeekers > 2 months ago | Report Abuse

support lvl 1.28

Posted by GemSeekers > 2 months ago | Report Abuse

next support lvl 1.02

Posted by xuxu > 2 months ago | Report Abuse

missed the boat amdui

Posted by paperhand123 > 1 month ago | Report Abuse

nah boat available again

Posted by gooman > 1 month ago | Report Abuse

August semiconductor sales rise nearly 21% year-over-year: SIA
https://www.msn.com/en-us/money/markets/august-semiconductor-sales-rise-nearly-21-year-over-year-sia/ar-AA1rImz1

Posted by paperhand123 > 1 month ago | Report Abuse

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

Posted by ivanlau > 1 month ago | Report Abuse

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

Posted by pang72 > 1 month ago | Report Abuse

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

Posted by JustinX78 > 3 weeks ago | Report Abuse

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

Posted by swissvillage > 1 week ago | Report Abuse

Thank You Donald Trump for Bitcoin's All-Time High
https://bitcoinmagazine.com/markets/thank-you-donald-trump-for-bitcoins-all-time-high

Posted by swissvillage > 1 week ago | Report Abuse

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.

Posted by paperhand123 > 1 week ago | Report Abuse

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

Posted by JustinX78 > 1 week ago | Report Abuse

Kobay got involved in the advanced data server for Bitcoin

Posted by paperhand123 > 1 week ago | Report Abuse

interesting, thanks for the info!

Posted by Bitgold > 2 days ago | Report Abuse

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