FYE2022 was a bumper harvest year for them so naturally they took a breather for this year. Share price will grow in tandem with upwards expected for semi con , all depends on how fast management can react to it
Manufacturing The management anticipates the manufacturing division to face challenges in FY2024 as the Electronics and Electrical (E&E) industry is not expected to experience a significant upsurge in growth in the immediate future, given the prevailing economic conditions.
Ok sold, it was a nice ride, and i really like you guys in this Kobay forum, seems like Kobay has a good group of level headed investors in you guys compared to other stocks (ie: CapitalA - really toxic people in there). Good luck guys and maybe i'll invest again in Kobay.
The global semiconductor manufacturing industry is on track for recovery in the fourth quarter of 2023, setting the stage for continued growth in 2024, Semi and Techinsights predict. Q4 IC sales are expected to rise 4 percent sequentially as end demand improves and inventories normalize. Electronic sales are predicted to register a robust 22 percent quarter-over-quarter increase in Q4 2023.. https://bits-chips.nl/artikel/ic-sales-start-moving-upward/
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