Kobay Technology Bhd (6971) which has seen its share price surge to multi-year high, hitting limit up and being issued UMA (Unusual Market Activity) querry along the way.

Based on yesterday's closing price of RM3.42, it has gained +329% year to-date! What is driving the share price rally ?

A quick check on the Bloomberg and yet there is no analyst coverage.

Would you like to know more ? Join us tonite 8pm only at Rakuten Trade Ideas ? Webinar evening with Kobay's Chief Operating Officer Ken

Key take-aways and insights from Kobay Technology Bhd (6971) Chief Operating Officer Keniz Koay on Rakuten Trade Ideas ? Webinar last nite.

-business similar to UWC Bhd (precision manufacturing) and Greatech Technology Bhd (integration and automation)
-manufacturing high precision engineering and high level assembly to semiconductor, E&E remain their core business and revenue drivers
-acquiring 15 acre land expansion for green energy products (Solar) major deal

-acquiring 70% stake in pharmaceutical Avelon Healthcare for RM47.65m, comes with profit guarantee RM25.53m over 3 years (potential spin off for listing)
-over 100 clients OEM and MNCs for their E&E business
-orderbook of about 6mths and continue seeing strong orders from clients (trade tension between US n China)
-management expects its improved margins to be sustainable and continue its earnings growth for the next few years

Kobay Technology Bhd (6971) 首席运营官 Keniz Koay 在昨晚的Rakuten Trade Ideas ? 网络研讨会上的要点和主要见解。

-类似于UWC Bhd（精密制造）和Greatech Technology Bhd（集成和自动化）的业务
-半导体和电子与电气行业的高精度工程制造和高水平组装仍然是他们的核心业务和收入驱动因素
-收购 15 英亩土地用于绿色能源产品（太阳能）
- 以RM47.65m 收购医药公司 Avelon Healthcare 70% 的股权，并附带 3 年内提供RM25.53m 的利润保证（有分拆上市的可能性）