6971 KOBAY | Malaysia
KOBAY TECHNOLOGY BHD
RM 4.89 on: 2021-01-28
0% Past 1-day return
-4.86% Past 5-day return
Price/Valuation Analysis
Current Price Status
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Stock is Under Pressure
Market is pricing a weaker earning growth potential than the industry average.
Undervalued stock can be true bargain buy if the stock is believed to be only under pressured for a short-term weak earning growth. -
Company is in Positive Earning
Fair Value
- KOBAY current price is 24.74% below OneDelta estimated fair value.
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The fair value is estimated via OneDelta proprietary model that updated daily basis based on stock fundamental and specific industry relative marco outlook. It can be assessed as stock potential upside range or the stock true value price in case of downside.
Relative Price Performance
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Underperformed
KOBAY past 5-day return lagged behind the Industrial Machinery industry average return by 5.08% -
Above 30-Day Average
Current price RM4.89 is above than 30-day average RM3.49 by 40.1%
| Return (%) | KOBAY | Industrial Machinery |
|---|---|---|
| 1-Day | 0% | 0% |
| 5-Day | -4.86% | +0.22% |
| 30-Day | +103.75% | +15.42% |
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
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Recent Weak Revenue Growth
KOBAY posted a weaker revenue growth in the recent quarter than normal average.
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Continued Drop in Profit
KOBAY has been continuously dropping profit on the past 3 quarters.
Past Quarter Reports
| Quarter Date | Revenue (RM) | (%) | EPS (RM) | (%) |
|---|---|---|---|---|
| 2020-09-30 | 39,103k | -19% | 0.0512 | -16% |
| 2020-06-30 | 48,550k | +1% | 0.061 | -3% |
| 2020-03-31 | 48,089k | -4% | 0.0631 | -7% |
| 2019-12-31 | 49,939k | -2% | 0.0679 | +61% |
| 2019-09-30 | 50,946k | +2% | 0.0423 | -11% |
Volume Trend Analysis
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Recent Volume is Increasing
Surge in trading volume tends to bring more price volatility in near term.
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KOBAY recent daily traded volume is 25% higher than past month average.
| Past 30-Day | Past 5-Day |
|---|---|
| 4k daily | 5k daily |
Financials
Price History Chart
Past 30-day Average Price: RM3.49
Stock Fundamental Factors
Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.
Declining Profit
Stocks that recorded more than two quarters of consecutive earning per share decline
Stock Thematic Baskets
Usually the more the stock is included in popular themes, the more opportunity for price-driven momentum and better liquidity.
Market News & Investor Opinions
Stock Company Profile
KOBAY TECHNOLOGY BHD
Kobay Technology Bhd. is an investment holding company, which engages in the provision of management services. It operates through the following segments: Manufacturing, Property Development, and Other. The Manufacturing segment refers to the manufacture of precision machined components, precision stamping, sheet metal parts, surface treatment, precision moulds, tooling and dies, semiconductor assembly and testing equipment, metal works and structures, modules and parts for oil and gas production, and extraction equipment. The Property Development deals with the property management. The Other segment consists of operations related to money lending, property letting, hotel operation, supply of engineering parts and supply chain management. The company was founded by Hean Eng Koay and Cheng Lye Koay in 1984 and is headquartered in Georgetown, Malaysia.