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Overview
Financial Highlight
HeadlinesBusiness Background Kossan Rubber Industries Bhd manufactures industrial rubber products and disposable latex gloves. The firm has three primary businesses: Technical Rubber Products, Gloves, Cleanroom Products, and Others. The Gloves segment generates the majority of revenue. The Technical Rubber Products business manufactures and distributes high technical input rubber products. The Gloves business manufactures medical grade examination gloves and specialty gloves for healthcare and industrial applications. The Cleanroom Products business sells rubber products that can be used in cleanrooms. The majority of Kossan Rubber’s revenue is generated through exports outside of Malaysia.
  TillyLovers It seems my prediction is wrong. Now the price further drops to RM1.87 28/02/2024 12:27 PM Chipee Wanna buy, just buy. Wanna sell, just sell. No point guessing. I'm just waiting for Q124 result coming in 2 months. Let the price swing. 28/02/2024 12:44 PM Chipee You see what EPF is doing. EPF buys high volume and sell low volume. They are pushing the price down when selling. So they can buy back at lower price. Playing with sentiment. 06/03/2024 10:01 AM dompeilee If I didn't sell down 76% of my accumulated stake above $2 recently, my paper profit would have vanished by now....fortunately I crystallized 428.28 of net profit on those 4 partial sales! 11/03/2024 11:40 AM Chipee Best Buy13020 Best Sell 6061 More bid to buy than sell by more than double... and price is depressed. Weird. 11/03/2024 4:24 PM Chipee All glove companies are up except Kossan? Big players manipulating the price. 11/03/2024 5:00 PM ryoyagod Quite weird... Kossan didn't move up much after ABRDN and EPF collected it 12/03/2024 9:23 AM Chipee Best Buy 20638 Best Sell 6840 Buy bid is 3 times Sell. EPF and ARBN is buying for sure. 12/03/2024 2:45 PM dompeilee Well, I just SOLD down my remainder stake @ the $1.87 open down to the last 388 shares, which I will likely hold on for posterity as a sentimental reminder of a rare 100% win record on a glove stock!😊🎱🎼 13/03/2024 9:05 AM ChandranG Nice choice, dompeilee. I believe Kossan will break RM2 again and continue to move higher for sure 13/03/2024 4:21 PM Chipee I hv been observing Nat gas price staying below $2. ... I believe Kossan can make good profit 1Q24. 14/03/2024 1:28 PM ChandranG then can say that Kossan will present decent gross profit margin in the next q 14/03/2024 4:29 PM ryoyagod Nice, EPF collected again. They sold myeg and buy this 😁 https://klse.i3investor.com/web/insider/detail/SBSH_581858_2019809574 22/03/2024 9:56 AM Chipee Best Buy 10127 Best Sell 1363 Buy is almost 10x more than Sell. Lets it see go up. 01/04/2024 2:36 PM ryoyagod Phillip Capital has initiated coverage on the Malaysian rubber glove sector with an “overweight” rating and said the supply-demand dynamics for the glove market are expected to further recover in 2024. https://theedgemalaysia.com/node/706580 02/04/2024 12:43 PM Chipee Kenanga said glove in underweight but support buy on the WORST of glove company... Supermax. To me Supermax is worst bcoz the operate manufacturing in US. Highest labour cost for such low price product. 03/04/2024 2:02 PM ChandranG Demand, prices for medical, surgical rubber gloves rising https://thesun.my/business/demand-prices-for-medical-surgical-rubber-gloves-rising-expert-PC12320492 12/04/2024 9:34 AM Deekay Bcos they have in excess of 70sen a share at least in cash in their books and with no new opportunity for expansion. They should have do this earlier by giving more back to the shareholders. 17/04/2024 5:57 PM Chipee Totally agree. The price would had been higher now. Deekay Bcos they have in excess of 70sen a share at least in cash in their books and with no new opportunity for expansion. They should have do this earlier by giving more back to the shareholders. 18/04/2024 9:18 AM ChandranG Margma optimistic of rebound in 2024, expects surge to 450 billion pieces by 2027 https://theedgemalaysia.com/node/708594 23/04/2024 3:54 PM Chipee Kossan released 2023 annual report today. Q1 24 report shld be out 2 days later ... on Friday. 24/04/2024 6:14 PM  | |
