KOBAY TECHNOLOGY BHD

KLSE (MYR): KOBAY (6971)

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Last Price

2.31

Today's Change

-0.04 (1.70%)

Day's Change

2.25 - 2.37

Trading Volume

1,784,100


4 people like this.

1,840 comment(s). Last comment by laulau 11 hours ago

limitup4u

370 posts

Posted by limitup4u > 2 months ago | Report Abuse

Fast and furious, like someone is accumulating and holding back the price like that..

James_Bond

3,250 posts

Posted by James_Bond > 2 months ago | Report Abuse

Let’s bring on the musics! Haha!

JustinX78

130 posts

Posted by JustinX78 > 2 months ago | Report Abuse

Nice, Kobay's net profit is increasing every quarter

James_Bond

3,250 posts

Posted by James_Bond > 2 months ago | Report Abuse

Yeah, I’m one of the accumulators! Haha!

limitup4u

370 posts

Posted by limitup4u > 2 months ago | Report Abuse

let's hope it can continue to slowly go up with improved qr

Posted by NatsukoMishima > 2 months ago | Report Abuse

This one u must time very accurate to avoid losses ! They can suddenly bring down to become penny stocks !

Eddy365

5 posts

Posted by Eddy365 > 2 months ago | Report Abuse

Forming a twin peaks in coming weeks. Stay tuned!

Posted by sharkdododo > 2 months ago | Report Abuse

Swith to MI technovation d la. Big player switch liao. Time to switch.

James_Bond

3,250 posts

Posted by James_Bond > 2 months ago | Report Abuse

Let’s play Kobay up… haha…

Jack888

853 posts

Posted by Jack888 > 2 months ago | Report Abuse

Buy more... hope another round coming to shoot high high.

James_Bond

3,250 posts

Posted by James_Bond > 2 months ago | Report Abuse

Slow and steady, Bro Jack! Cheers!

James_Bond

3,250 posts

Posted by James_Bond > 2 months ago | Report Abuse

Coz bursa has opened UMA investigation for Kobay…

Posted by raizalmyinvests > 2 months ago | Report Abuse

The company has been underwhelming with their low utilisation of solar panel frame extrusion facilities.

What gives?

Posted by raizalmyinvests > 2 months ago | Report Abuse

Perhaps there are other extrusion player in the market as well, PA is performing very well.

limitup4u

370 posts

Posted by limitup4u > 2 months ago | Report Abuse

Is like a roller coaster, up and down

8u29song

2,706 posts

Posted by 8u29song > 2 months ago | Report Abuse

next week school holidays...big correction coming...

Eddy365

5 posts

Posted by Eddy365 > 2 months ago | Report Abuse

Is still under correction.

Posted by NatsukoMishima > 2 months ago | Report Abuse

This is penny stock around 60- 80 sens only lah !

pang72

49,482 posts

Posted by pang72 > 2 months ago | Report Abuse

Bro James, hv you finish unloading KOBAY?

limitup4u

370 posts

Posted by limitup4u > 2 months ago | Report Abuse

Don’t think he unloading Kobay. Since he ask others to hold or …..

8u29song

2,706 posts

Posted by 8u29song > 1 month ago | Report Abuse

today the tech heat still there....collected some at 214...

8u29song

2,706 posts

Posted by 8u29song > 1 month ago | Report Abuse

today the tech heat still there....collected some at 214...Q some more at 212, 211...

pang72

49,482 posts

Posted by pang72 > 1 month ago | Report Abuse

Bro James, hv you sell your kobay

JustinX78

130 posts

Posted by JustinX78 > 1 month ago | Report Abuse

PE is around 64x currently ..

limitup4u

370 posts

Posted by limitup4u > 1 month ago | Report Abuse

Bye bye already.. drop all the way since the LU

gooman

703 posts

Posted by gooman > 1 month ago | Report Abuse

The Chinese government has launched a new national semiconductor fund, it was revealed on the 27th of May..With a capital of 344 billion yuan, it is the largest to date. As the United States strengthens its containment policy against China over semiconductors essential for artificial intelligence (AI), China is hastening to build its own supply chain in response.

gooman

703 posts

Posted by gooman > 1 month ago | Report Abuse

China sets up third fund with $47.5 bln to boost semiconductor sector
https://www.reuters.com/technology/china-sets-up-475-bln-state-fund-boost-semiconductor-industry-2024-05-27/

gooman

703 posts

Posted by gooman > 1 month ago | Report Abuse

Chinese chip shares rose, with the CES CN Semiconductor Index (.CSI990001), opens new tab rallying more than 3% and set to log the biggest one-day gain in more than a month.

Michael Kwok

6,239 posts

Posted by Michael Kwok > 1 month ago | Report Abuse

Kobay 2.04
Tp below 1.70 if rm 2 above cannot maintain
28/5/24 12.01am

Bettyem

649 posts

Posted by Bettyem > 1 month ago | Report Abuse

Kobay 通过收购 Avelon 实现多元化进军医疗保健领域?

KOBAY TECHNOLOGY BERHAD - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS | MalaysiaStock.Biz https://m.malaysiastock.biz/Company-Announcement.aspx?id=1544055

Last month, Kobay announced that Avelon Healthcare had completed the acquistion of a medical products distributor, Medicwave (M) Sdn Bhd, for RM15.12 million cash.
https://theedgemalaysia.com/node/706875

laulau

447 posts

Posted by laulau > 1 month ago | Report Abuse

Kobay shares are tightly held by Private Companies & Institutions. Kobay Holdings already holds 34.1% with only 20.3% held by general public (retailers). With diversification into Healthcare business, Kobay's earnings forecast at 60.4% per year is better than savings rate of 3.6%. Kobay's earnings are forecast to grow faster than My market of 12.1% per year.

Recommendation:
Buy on weakness and we wait for the next wave.

Ownership Breakdown
Individual Insiders 2.5%
Institutions 16.7%
General Public 20.3%
Private Companies 60.5%

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.

Top 19 shareholders own 79.7% of the company.
#Kobay Holdings Sdn. Bhd 34.1%
#Norinv Kapital Sdn. Bhd 18.7%
#Hong Leong Asset Management Bhd.
4.75%
#Inna Capital Sdn. Bhd. 4.62%
#Norges Bank Investment Management 4.09%
#Pemiergrow Capital Sdn. Bhd.
3.17%
#Employees Provident Fund of Malaysia 1.9%
#Kumpulan Wang Persaraan 1.75%
#Chen Ghee Tan 1.39%
#Kenanga Investors Bhd. 1.36%
#Lembaga Tabung Haji, Endowment Arm
1.17%
#Shwu Yan Lai 0.75%
#Manulife Investment Management (M) Bhd.
0.43%
#Chuan Kim Young 0.36%
#Meridian Asset Management Sdn Bhd
0.35%
#Taurus Investment Management Berhad 0.3%
#KAF Investment Funds Bhd. O.29%
#Dimensional Fund Advisors LP 0.2%
#AmIslamic Funds Management Sdn Bhd 0.12%

8u29song

2,706 posts

Posted by 8u29song > 1 month ago | Report Abuse

down....its a norm when school holidays

limitup4u

370 posts

Posted by limitup4u > 1 month ago | Report Abuse

Break 2, really gone case

laulau

447 posts

Posted by laulau > 1 month ago | Report Abuse

Kobay shares are tightly held by Private Companies & Institutions. Kobay Holdings already holds 34.1% with only 20.3% held by general public (retailers). With diversification into Healthcare business, Kobay's earnings forecast at 60.4% per year is better than savings rate of 3.6%. Kobay's earnings are forecast to grow faster than My market of 12.1% per year.

Recommendation:
Today's transaction volume is low due to Kobay shares tightly held by substantial shareholders. Only weak holders and retailers are weeded out with the Operators still accumulating. Buy on any weakness and we wait for the next wave of buy by market & Institutional Funds.

8u29song

2,706 posts

Posted by 8u29song > 1 month ago | Report Abuse

steady....

8u29song

2,706 posts

Posted by 8u29song > 1 month ago | Report Abuse

important thing is....IT and tech heats are still ongoing what more just the beginning stage....

8u29song

2,706 posts

Posted by 8u29song > 1 month ago | Report Abuse

steady....

laulau

447 posts

Posted by laulau > 1 month ago | Report Abuse

Very good comeback by the operators! Expect more upside in the next few days after weak holders and day traders are all flushed out? Apart from diversification into Healthcare Business, Kobay Technology benefits from semiconductor, E&E demand surge.
Kobay will start electronic manufacturing system (EMS) and solar panels soon.
Kobay is ready to manufacture aluminium frames for solar panels as the renovation and installation of its new 15-acre plant dedicated to renewable energy-related business had completed.

Just wait for the updated announcement from Kobay before the next Lu?
https://www.thestar.com.my/business/business-news/2023/03/16/kobay-technology-to-start-production#openShareModal
https://themalaysianreserve.com/2022/09/13/report-kobay-technology-benefits-from-semicon-ee-demand-surge/

gooman

703 posts

Posted by gooman > 1 month ago | Report Abuse

Copper Resumes Gains as China Property Measures Boost Sentiment

Metal’s rally has further to run: China Industrial Futures
UBS analysts see further tightening of copper fundamentals
https://www.bloomberg.com/news/articles/2024-05-28/copper-resumes-gains-on-china-property-boost-weaker-dollar?embedded-checkout=true

Posted by paperhand123 > 1 month ago | Report Abuse

what news?

8u29song

2,706 posts

Posted by 8u29song > 1 month ago | Report Abuse

heart big heart small looking at the up down up down......so to review only when 250.....

8u29song

2,706 posts

Posted by 8u29song > 1 month ago | Report Abuse

just play play Revenue for week end dim sum $$......

8u29song

2,706 posts

Posted by 8u29song > 1 month ago | Report Abuse

steady...

limitup4u

370 posts

Posted by limitup4u > 1 month ago | Report Abuse

And is started to coming down again…

limitup4u

370 posts

Posted by limitup4u > 1 month ago | Report Abuse

Just when everyone is excited on the price, then it will fall back. Hope is a healthy correction and slowly go back to the former glory

limitup4u

370 posts

Posted by limitup4u > 1 month ago | Report Abuse

You must be very confident or holding a lot to promote it everyday..

JustinX78

130 posts

Posted by JustinX78 > 1 month ago | Report Abuse

You suppose to promote it when it's at RM1 something, laulau 😁

laulau

447 posts

Posted by laulau > 1 month ago | Report Abuse

Kobay has diversified into Healthcare & Technology with E&E. RM3 is not a dream, with limited scripts available in the market followed by TP RM4~4.5 since Kobay has clocked in profit for 3 successive Qtrs.

Kobay is a stock currently with positive momentum so it's an opportunity to reap high returns. It's better to provide value added Analysis for Investor's informed decision making rather than just making a Conjecture?
https://theedgemalaysia.com/node/713456

If don't appreciate Kobay, can always try something cheaper like Iris? We believe it's on the verge of a breakout? :)

Recommendation:
Kobay shares are tightly held by substantial shareholders. Since weak holders and retailers already flushed out and most substantial shareholder's holding cost is RM4 or above? not many are willing to sell at current price. Operators will go for the lower hanging fruit of RM3 before next TP4~4.50. The next run-up will be fast & furious! Buy on any weakness and we wait for the next wave of buy by market & Foreign Funds.

LOOK009

1,079 posts

Posted by LOOK009 > 1 month ago | Report Abuse

Kobay poised for a technical breakout, says RHB Retail Research
TheEdge Fri, May 31, 2024 08:26am - 46 minutes


KUALA LUMPUR (May 31): RHB Retail Research said Kobay Technology Bhd (KL: KOBAY) is poised for a technical breakout after rebounding off the 21-day simple moving average (SMA) line and closing at the immediate resistance of RM2.26.

In a trading stocks on Friday, the research house said that if a breakout happens above that mark, the counter will trend higher towards the 52-week high of RM2.58, followed by RM3 level.

“On the flip side, falling below the RM1.94 support negates the bullish setup, as it would then be trading below the SMA line,” it said.

limitup4u

370 posts

Posted by limitup4u > 1 month ago | Report Abuse

Opssss

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