6971 KOBAY | Malaysia
KOBAY TECHNOLOGY BHD
RM 4.77 on: 2022-01-20
+6.71% Past 1-day return
-1.65% Past 5-day return
Price/Valuation Analysis
Current Price Status
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Stock is in Momentum
Stock is currently overvalued by the market with the expectation of annual earning growth at 46.16% to match current price.
Overvalued stock can be traded very volatile. If the earning growth momentum continue, overvalued stock can match into fair value, on the flip side, the downside risk can be huge if the stock is not meeting the market expectation. -
Company is in Positive Earning
Fair Value
- KOBAY current price is 13.03% above 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 18.52% -
Below 30-Day Average
Current price RM4.77 is below 30-day average RM5.72 by 19.9%
| Return (%) | KOBAY | Industrial Machinery |
|---|---|---|
| 1-Day | +6.71% | +2.11% |
| 5-Day | -1.65% | +16.87% |
| 30-Day | -21.55% | +10.15% |
Bank Analyst Price Targets
BUY
RM 8.00
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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Unstable Profit Growth
KOBAY has been experiencing substantial ups and downs on profit growth.
Past Quarter Reports
| Quarter Date | Revenue (RM) | (%) | EPS (RM) | (%) |
|---|---|---|---|---|
| 2020-12-31 | 35,796k | -8% | 0.0583 | +14% |
| 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% |
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 100% higher than past month average.
| Past 30-Day | Past 5-Day |
|---|---|
| 11k daily | 22k daily |
Financials
Price History Chart
Past 30-day Average Price: RM5.72
Stock Fundamental Factors
Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.
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.