KOBAY TECHNOLOGY BHD

KLSE (MYR): KOBAY (6971)

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Last Price

1.45

Today's Change

+0.01 (0.69%)

Day's Change

1.43 - 1.47

Trading Volume

534,200

Details of Changes
Securities After Change
Transactions
Ann. Date Name Details of Changes Securities After Changes
Date Type No. of Shares Price Direct (%) Indirect (%) Total (%)
Discussions
4 people like this. Showing 50 of 1,894 comments

GemSeekers

bearish chart support level 1.71 as mentioned earlier

2024-08-28 16:20

lavenderong

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

2024-08-28 16:27

GemSeekers

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 .

2024-08-28 16:55

GemSeekers

support lvl 1.55

2024-08-29 08:57

laulau

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.

2024-08-29 09:10

GemSeekers

chart tell everything

2024-08-29 09:26

8u29song

I see opportunity...

2024-08-29 09:27

laulau

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...

2024-08-29 09:43

GemSeekers

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

2024-08-29 10:03

BornToSpeculate

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

2024-08-29 20:53

value88

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.

2024-08-30 15:49

value88

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

2024-08-30 15:49

gooman

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

2024-08-31 08:05

gooman

Intel rose by almost 10 percent on Friday

2024-08-31 08:44

gooman

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

2024-08-31 11:48

gooman

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/

2024-08-31 18:51

EverettLee

Follow the company and the director chipping in 😁

2024-09-02 20:02

pang72


pang72

Next destination is $1.70

2 weeks ago

TARGET 1.70 MET
NEXT TP1 52WKS LOW

2024-09-08 21:58

GemSeekers

support lvl 1.28

2024-09-10 15:02

GemSeekers

next support lvl 1.02

2024-09-11 16:47

xuxu

missed the boat amdui

2024-09-12 15:36

paperhand123

nah boat available again

2024-10-02 10:50

paperhand123

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

2024-10-14 10:46

ivanlau

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

2 months ago

pang72

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

2 months ago

JustinX78

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

2 months ago

swissvillage

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.

2 months ago

paperhand123

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

2 months ago

JustinX78

Kobay got involved in the advanced data server for Bitcoin

2 months ago

paperhand123

interesting, thanks for the info!

2 months ago

Bitgold

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

1 month ago

JustinX78

Q1 results will be announced tonight ?

1 month ago

JustinX78

Impressive Q1 results 😯

1 month ago

Bettyem

股息公告快来了?!!!

1 month ago

newbie9893

I am seeing that the buying momentum is pretty strong today, should continue move up in afteroon section.. ..go..go..go

1 month ago

newbie9893

I am seeing that the buying momentum is pretty strong today, should continue move up tomorrow.. ..go..go..go

1 month ago

Bettyem

科技集会进行中!

道琼斯指数上涨 308.91 点,即 0.69%,至 45,014.44 点;标准普尔 500 指数上涨 36.59 点,即 0.60%,至 6,086.47 点;纳斯达克指数上涨 254.21 点,即 1.30%,至 19,735.12 点。

https://www.klsescreener.com/v2/news/view/1437505

1 month ago

8u29song

steady

1 month ago

JustinX78

Momentum is back on Kobay !

1 month ago

Bettyem

穿云箭即将射出!!!

3 weeks ago

gooman


CIMB Securities said in its recent report that it expects Malaysia’s technology sector revenue to grow by an average of 25 percent in 2025 to 2026 (versus +2 percent in 2024), driven by a broader recovery in the global semiconductor market, underpinned by AI infrastructure investments and a pickup in the inventory replenishment cycle.
https://technode.global/2024/12/27/analysts-foresee-recovery-for-malaysias-tech-sector-next-year/

3 weeks ago

JustinX78

Waiting for KOBAY to hit RM2 🙂

2 weeks ago

paperhand123

make kobay great again!

2 weeks ago

gooman

Market analysts expect Bursa to stay buoyant in 2025 - https://theedgemalaysia.com/node/738822

2 weeks ago

Bettyem

科技股要反弹?拜登政府新设的美国人工智能芯片出口限制将被特朗普撤销?

以下是特朗普在周一正式就职典礼前所说的话:

第一天命令:当选总统谈到了他计划在第二任期的第一天签署的行政行动。特朗普表示:“拜登政府的每一项激进而愚蠢的行政命令都将在我宣誓就职后数小时内被废除。”

1 day ago

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