Highlights
Social Forum >> Forum Thread
Last Price Today's Change   Day's Range   Trading Volume
4.07   -0.15 (3.55%)  4.07 - 4.29  10,250,800
9,623 comment(s). Last comment by beginner at Jan 19, 2021 7:54 PM
Like
 15 people like this.
 
 Post Reply   Back  

amateurJR
1292 posts

Posted by amateurJR > Nov 9, 2020 6:39 PM | Report Abuse

Now is casino gambling. Now the theme is goreng newly venturing into glove biz. Haha


bsstradeer
30 posts

Posted by bsstradeer > Nov 9, 2020 6:59 PM | Report Abuse

@supersinginvestor -- no need to argue which company is good. Any company that fall under the same indsutry will benefit from the stock bullishness. No need scold other ppl la. you earn your money, other ppl earn their money.


Activetrader
415 posts

Posted by Activetrader > Nov 9, 2020 7:21 PM | Report Abuse

I personally think kossan still doing their great job to deliver 27eps in one qtr. where compare to supermx 32eps not far away. Share issued almost the same. Priced 7.5 and 9.7 respectively. I believe investor will chase kossan for its better room to go up.


Wai Mun Lee
34 posts

Posted by Wai Mun Lee > Nov 9, 2020 7:31 PM | Report Abuse

https://www.theedgemarkets.com/article/kossan-rubber-3q-net-profit-surges-revenue-exceeds-rm1b-amid-strong-demand-higher-selling#.X6kjBQmjRtU.facebook

All the best traders


liewtz06
292 posts

Posted by liewtz06 > Nov 9, 2020 7:42 PM | Report Abuse

@activetrader, I think Jose screener miscalculated. It should be around 13.5 EPS instead of 27. 27 is pre BI.


joyvest
5451 posts

Posted by joyvest > Nov 9, 2020 7:43 PM | Report Abuse

Apple asked me for the PE.before its upcoming QR it was around 67.he said high but I said nope cos the market expected kossan to achieve growth of 100% higher and better than previous QR .it materialised in the end...so PE 67 then was undervalued...apple ,pl wake up and back to reality....


joyvest
5451 posts

Posted by joyvest > Nov 9, 2020 7:45 PM | Report Abuse

We are all upbeat about kosun.are you not,apple?


James Ng
2059 posts

Posted by James Ng > Nov 9, 2020 8:38 PM | Report Abuse

https://klse.i3investor.com/blogs/general/2020-11-09-story-h1535715224.jsp
[转贴] [Video:浅谈KOSSAN RUBBER INDUSTRIES BHD, KOSSAN, 7153] - James的股票投资James Share Investing


Kossan
141 posts

Posted by Kossan > Nov 9, 2020 9:44 PM | Report Abuse

There are questions about how long immunity lasts, and about vaccine's effectiveness for different age groups.
The data presented is not the final analysis. It is based on the first 94 volunteers to develop Covid - the precise effectiveness of the vaccine may change when the full results are analysed.
Pfizer and BioNTech say they will have enough safety data by the third week of November to take their vaccine to regulators. Until then it is not possible for countries to begin their vaccination campaigns. It is a relief... there is a long long way to go before vaccines will start to make a real difference, but this feels to me like a watershed moment.


manegto
561 posts

Posted by manegto > Nov 9, 2020 10:25 PM | Report Abuse

I see pfizer announcement SAME like stupid moderna announcement.Wat happen to moderna news now ? Already vanished in jungle


mobbs68
740 posts

Posted by mobbs68 > Nov 9, 2020 10:58 PM | Report Abuse

Misleading ?
Bonus issue 1 for 1 so eps need to divide by 2 = 13.5 sen

Activetrader I personally think kossan still doing their great job to deliver 27eps in one qtr. where compare to supermx 32eps not far away. Share issued almost the same. Priced 7.5 and 9.7 respectively. I believe investor will chase kossan for its better room to go up.
09/11/2020 7:21 PM


mobbs68
740 posts

Posted by mobbs68 > Nov 9, 2020 11:00 PM | Report Abuse

Actual EPS of Kossan actually only 13.13c, not 27.27 due to its bonus issue shares not yet completed by 30 Sept.


Kossan
141 posts

Posted by Kossan > Nov 9, 2020 11:22 PM | Report Abuse

Dr. Scott Gottlieb told CNBC the U.S. will still have to experience “the hardest stretch” of the coronavirus pandemic without the benefits of a vaccine, despite the positive news earlier Monday from Pfizer.

Gottlieb, a former U.S. Food and Drug Administration commissioner in the Trump administration, is a member of Pfizer’s board of directors.


gemfinder
3815 posts

Posted by gemfinder > Nov 9, 2020 11:23 PM | Report Abuse

Sell down


ginlim
39 posts

Posted by ginlim > Nov 9, 2020 11:34 PM | Report Abuse

https://www.cnbc.com/2020/11/09/dr-scott-gottlieb-pfizer-covid-vaccine-wont-help-immediately.html


Jeffreyteck
3849 posts

Posted by Jeffreyteck > Nov 10, 2020 8:19 AM | Report Abuse

Goreng time again on profit. Assuming 20% or $200 dividend annually consistently, invest $7500, uum, need more than 35 years to get back capital. Anyway, is the quick capital gain from trading is more excited.


goldenluck16
1223 posts

Posted by goldenluck16 > Nov 10, 2020 8:59 AM | Report Abuse

IBs shorting today. Buy on weakness. Sell in the afternoon session


nicedurians
190 posts

Posted by nicedurians > Nov 10, 2020 9:45 AM | Report Abuse

just a knee jerk reaction to covid vaccine news


nicedurians
190 posts

Posted by nicedurians > Nov 10, 2020 9:45 AM | Report Abuse

Just hold and have a calm heart


nicedurians
190 posts

Posted by nicedurians > Nov 10, 2020 9:46 AM | Report Abuse

Close your app if you cannot take it


MasterYoda
802 posts

Posted by MasterYoda > Nov 10, 2020 10:14 AM | Report Abuse

While you all fighting here better go play other uptrend counter better,kanasai very free oh you all ;) Now all don’t colk and go buy Opensystem,it will terbang soon :)


ks5S
3215 posts

Posted by ks5S > Nov 10, 2020 10:49 AM | Report Abuse

buy kossan.
i checked at mr diy.... 30 pieces of gloves around RM 30.
So good prices. Profit damn good.


gloveharicut
880 posts

Posted by gloveharicut > Nov 10, 2020 11:37 AM | Report Abuse

https://klse.i3investor.com/blogs/gloveharicut/2020-11-10-story-h1535719004-GLOVES_party_End_You_should_ask_how_to_distribute_the_ultra_cold_vaccin.jsp


gloveharicut
880 posts

Posted by gloveharicut > Nov 10, 2020 11:40 AM | Report Abuse

https://klse.i3investor.com/blogs/gloveharicut/2020-11-10-story-h1535719004-GLOVES_party_End_You_should_ask_how_to_distribute_the_ultra_cold_vaccin.jsp

But the vaccine’s complex and super-cold storage requirements are an obstacle for even the most sophisticated hospitals in the United States and may impact when and where it is available in rural areas or poor countries where resources are tight.

“This will be a challenge in all settings because hospitals even in big cities do not have storage facilities for a vaccine at that ultra-low temperature.”


wong
45 posts

Posted by wong > Nov 10, 2020 11:55 AM | Report Abuse

Glove stocks down, not part of Pfizer vaccine party
KUALA LUMPUR (Nov 10): While the world is celebrating Pfizer’s overnight announcement of a viable Covid-19 vaccine candidate, rubber glove stocks may not be part of the party.

Glove counters top the loser list after the morning bell today.
As at 10.20am, shares in rubber glove counters were among the top losers on Bursa Malaysia. Hartalega Holdings Bhd slid by 8.54% or RM1.54 to RM16.60, making it the top value loser on Bursa, followed by Supermax Corp Bhd, down 75 sen or 7.79% to RM8.88.
In the third place was Kossan Rubber Industries Bhd, which released a strong set of quarterly earnings yesterday, dropping 63 sen or 8.27% to RM6.88, valuing it at RM17.59 billion.
Top Glove Corp Bhd took the fifth place, falling 54 sen or 6.37% to RM7.94.

The smaller players were not spared from the selling pressure. Comfort Gloves Bhd fell 31 sen or 6.97% to RM4.14, Careplus Group Bhd shed 27 sen or 7.8% to RM3.19, and Rubberex Corp (M) Bhd lost 16 sen or 6.45% to RM2.32.

The Healthcare Index was dragged down by the glove stocks, declining by 1.78% or 73.47 points to 4,048.89.
Still, while there was a selldown across the rubber glove stocks, shares in companies tapped by the government to bottle and distribute a potential Covid-19 vaccine were rising.

In a note this morning, AmInvestment Bank Research reiterated its view that the market will continue to shift to predominantly pandemic-themed plays to a recovery-focused theme in December.

“We have been advocating for investors to lighten their positions in the 'pandemic play', i.e. glove stocks, and replace them with the 'recovery play'.

“With the latest positive news coming in a rather abrupt manner, we expect volatility as investors of glove stocks rush to the exit at the same time. The two FBM KLCI-weighted glove stocks, i.e. Top Glove and Hartalega, command a combined weighting of 13% to 14%,” AmInvestment Bank wrote in the strategy note.

Having downgraded the glove sector to "neutral" on Aug 25, 2020 from "overweight" on positive news of a vaccine, AmInvestment Bank was putting fair values (FVs) for glove stocks under its coverage under review with negative bias.
Still, it expects gains linked to recovery plays to be significantly offset by losses seen in pandemic plays, resulting in it maintaining its end-2020 KLCI target of 1,530 points despite the overwhelming good news.
To recap, Pfizer and its German partner BioNTech announced last night that their experimental Covid-19 vaccine was more than 90% effective with no serious safety concerns based on initial trial results, estimating that they can roll out up to 50 million doses this year for 25 million people and produce 1.3 billion doses in 2021.


Mabel
10927 posts

Posted by Mabel > Nov 10, 2020 12:04 PM | Report Abuse

Pfizer said that its experimental coronavirus vaccine was found to help prevent COVID-19.

Still, the data hasn't been published in a peer-reviewed journal, and regulators haven't reviewed the vaccine.

Supplies of the vaccine are limited. If the vaccine is approved, it could take months for you to get it.

The peak for Glove price has yet to come. Lock your profits if you have to. But don't sell all and by all means, avoid CWs. There already too many CWs. You may think you spotted a good deal and other investors are dumb to buy mother share instead of warrant. Just wait till IB press down the price and you lose all money in the CW. You will know who is dumb in the end. We already seen this happen recently. Learn from that mistake.

Meow


Mabel
10927 posts

Posted by Mabel > Nov 10, 2020 12:07 PM | Report Abuse

“There is one thing that we can learn from history: we should always be calm, disciplined, collected, and most importantly, buying the dips.”

Meow


Mabel
10927 posts

Posted by Mabel > Nov 10, 2020 12:22 PM | Report Abuse

I'm already in Gloves and Vaccine..

Always stay invested..

Meow


goldenluck16
1223 posts

Posted by goldenluck16 > Nov 10, 2020 1:00 PM | Report Abuse

Those who have bought cheap this morning will make a bundle in the afternoon session.


sakurako
167 posts

Posted by sakurako > Nov 10, 2020 1:07 PM | Report Abuse

Mabel has a good strategy, instead of arguing should buy glove or vaccine, why not buy both... either way u win :-)


greedy44444
1635 posts

Posted by greedy44444 > Nov 10, 2020 1:10 PM | Report Abuse

It is clear that glove stocks are not immune to vaccine news. More positive news about vaccine coming out soon so beware for those who still holding glove stocks. Expect more bumpy rides after this.


greedy44444
1635 posts

Posted by greedy44444 > Nov 10, 2020 1:28 PM | Report Abuse

More downside risk this week for glove stocks, good luck to those glove believers. I'm personally very hopeful that vaccine quickly come out so that everyone could live a normal life again and less unfortunate deaths from covid-19 happened again day and night. Why you so happy to earn lots of money from ppl's suffering ?? GOD bless the world.


ks5S
3215 posts

Posted by ks5S > Nov 10, 2020 1:41 PM | Report Abuse

4 analyst put target price 9.00 above after good result yesterday.


BATFLY
537 posts

Posted by BATFLY > Nov 10, 2020 1:57 PM | Report Abuse

Kossan qtr result is damn good and will improve in next qtr also.. But strangely lost to vaccine which is still in infancy stage.. Hold tight..


mamatede
3476 posts

Posted by mamatede > Nov 10, 2020 3:09 PM | Report Abuse

so suddenly are we looking at gloves counter selling to 0? .... lolz... hahaha...


Passivereturn
72 posts

Posted by Passivereturn > Nov 10, 2020 3:10 PM | Report Abuse

Support for Kossan
S1:7.00
S2:6.60
S3:5.80
S4:4.50
Let see how low they want to go


gloveharicut
880 posts

Posted by gloveharicut > Nov 10, 2020 3:12 PM | Report Abuse

https://klse.i3investor.com/blogs/gloveharicut/2020-11-10-story-h1535720146-China_Vaccine_Trial_Halted_After_Serious_Adverse_Event.jsp


BURSA of Billionaire
196 posts

Posted by BURSA of Billionaire > Nov 10, 2020 3:18 PM | Report Abuse

i believe kossan will fly later , rest a while,, collect some , later fly again.wlwlwlwl.no point for panic sell..xD


ks5S
3215 posts

Posted by ks5S > Nov 10, 2020 3:34 PM | Report Abuse

kossan so strong and big. No worry if it go down. This is a long-term stock for me.


ks5S
3215 posts

Posted by ks5S > Nov 10, 2020 3:36 PM | Report Abuse

thank you on the vaccine news for me to collect at bargain price.


Jokers2020
1111 posts

Posted by Jokers2020 > Nov 10, 2020 3:42 PM | Report Abuse

Brazil halts trials of China’s Sinovac Covid-19 vaccine


DreamKaiser
1207 posts

Posted by DreamKaiser > Nov 10, 2020 3:53 PM | Report Abuse

Analysts expect stronger 4Q for Kossan on higher glove prices

https://www.theedgemarkets.com/article/analysts-expect-stronger-4q-results-kossan-higher-glove-prices


goldenluck16
1223 posts

Posted by goldenluck16 > Nov 10, 2020 4:11 PM | Report Abuse

This Pfizer vaccine is a joke, have to be stored below negative 70 Celsius


kd88
203 posts

Posted by kd88 > Nov 10, 2020 4:18 PM | Report Abuse

Pfizer说他疫苗90%有效,但他们还需克服一个技术难题

那就是运输和储存。这个听起来简单的物流工作,绝不是找个什么poslaju 或者dhl 就可以完成。Pfizer疫苗和Moderna 那支一样,这两支美国疫苗属于mRNA 疫苗,技术上属于比较新的。但是这种疫苗有个问题,就是必须在极冷环境下储存。Pfizer 那支就声称必须在负摄氏80度,比你家冰箱还冷很多。要在这个极低温环境下把大量疫苗送到世界各地直到被注射前,是个大难题。


ks5S
3215 posts

Posted by ks5S > Nov 10, 2020 4:39 PM | Report Abuse

store below -80 deg c.
Should be very costly vaccine . Maybe for rich people only .
Poor people have to wait.


Jeffreyteck
3849 posts

Posted by Jeffreyteck > Nov 10, 2020 4:44 PM | Report Abuse

Just too bad, miserable dividend and unlucky time. IBs still goreng on high selling price of gloves despite world production is expected to growth.


ks5S
3215 posts

Posted by ks5S > Nov 10, 2020 4:49 PM | Report Abuse

msia logistic frozen truck only can go to -8 deg c to keep frozen chicken.


DawnRaider
86 posts

Posted by DawnRaider > Nov 10, 2020 4:51 PM | Report Abuse

https://juiceonline.com/pfizers-covid-19-vaccine-is-90-effective-but-its-storage-problem-might-delay-its-arrival/


sakurako
167 posts

Posted by sakurako > Nov 10, 2020 5:18 PM | Report Abuse

my personal feeling, many will release vaccine news for economy gain, yet how fast the final and stable vaccine to be ready is questionable. glove should be able to sustain for another 1 year before slow down.


gloveharicut
880 posts

Posted by gloveharicut > Nov 10, 2020 5:23 PM | Report Abuse

https://klse.i3investor.com/blogs/gloveharicut/2020-11-10-story-h1535720983-How_to_distribute_the_ultra_cold_vaccine_You_can_put_the_GLOVE_profit_t.jsp

 Post Reply   Back  
APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Earn MQ Points while trading with MQ Traders Group
MQ Affiliate
Earn side income from MQ Affiliate Program
 
 

457  576  569  492 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 VSOLAR 0.040.00 
 SAMAIDEN 1.72+0.04 
 PNEPCB 0.34-0.04 
 PA 0.1750.00 
 CYPARK 1.38+0.04 
 ARBB 0.29+0.015 
 KTG 0.265-0.005 
 QES 0.335-0.02 
 CONNECT 0.2250.00 
 SUNZEN 0.235+0.015 

FEATURED POSTS

1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
PARTNERS & BROKERS