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Bonus Issue, Share Split or Share Consolidation announcement
![]() beginner Count on shorties to press down the price, fast make it 3.80. Count on you shorties 16/01/2021 8:43 PM casanwk 1 hour chart Price in triangle If break below triangle Price will continue the c wave(bearish) If break above triangle Ride the third wave(Elliot)-bullish... Or continue consolidation? Monitor closely.....:) 16/01/2021 8:55 PM linheng Sorry, the 100,000 was bought into margin account. Rakuten gives 5X value for Kossan. 16/01/2021 8:58 PM linheng Assuming the monkeys from JP Morgan are right ie TP $3.80, we are already at $4.22. At $4.22, if I keep at least a year, I will get a minimum 40 to 50 cents dividend (A 10% yield will beat FD interest rate flat ) At $4.22 minus $0.50 (Div), my cost is $$3.72 (Cheaper that the JP Morgan monkeys) Remember before than pandemic, Kossan is above $2.00. They made special bearings and fenders for ports, ships and buildings in earthquake areas. 16/01/2021 9:02 PM Ckk2266 https://guardiamedical.com/blogs/news/u-s-has-major-nitrile-glove-shortage-ahead-of-national-covid-19-vaccinations 17/01/2021 8:08 AM JuzzyOracle linheng thank you for this enlightening calculation, my cost is slightly above yours, happy to keep this fab counter in the longer term. 17/01/2021 10:28 AM JuzzyOracle Am really disappointed with the impotent shorties. Have been waiting in the sidelines the last two weeks for them to crash this stock so that I can have this one-in-a-lifetime opportunity to binge buy cheap tickets. My ammo is ever ready. This is really boring. 17/01/2021 10:30 AM gemfinder https://klse.i3investor.com/blogs/canadafirst/2021-01-17-story-h1539380568-_TOPGLOVE_Hidden_camera_exposes_forced_labour_in_PPE_factory_supplying_.jsp 17/01/2021 12:12 PM Mrinvest0r https://klse.i3investor.com/m/blog/GillianTan/2021-01-14-story-h1539323808-Evidence_that_prove_JP_Morgan_s_Jeffrey_Ng_analyst_report_on_Glove_is_i.jsp?fbclid=IwAR0DMF844kODFMtIkL05re14BXVg6y-15Qw_T4fSyW_8l90KuFR-CBr_j3A 17/01/2021 4:43 PM Mrinvest0r WRP factory got burnt https://www.google.com/amp/s/www.chinapress.com.my/20210116/wrp%25E6%2589%258B%25E5%25A5%2597%25E5%258E%2582%25E5%25A4%25B1%25E7%2581%25AB%25E7%258B%2582%25E7%2583%25A7-%25E4%25BB%2593%25E5%25BA%2593%25E7%25BA%25A650%25E8%25A2%25AB%25E7%2583%25A7%25E6%25AF%2581/amp/ 17/01/2021 4:50 PM TRYLUCK88 https://www.nst.com.my/amp/business/2021/01/658136/kossans-gloves-orders-fully-taken-until-end-2021 17/01/2021 5:15 PM BountyOfTheBourse Pfizer CEO has not taken Pfizer vaccine yet https://www.cnbc.com/2020/12/14/pfizers-ceo-hasnt-gotten-his-covid-vaccine-yet-saying-he-doesnt-want-to-cut-in-line.html Big question now: Why not??? 17/01/2021 5:36 PM limontea Kossan's gloves orders fully taken up until end-2021 By NST Business - January 17, 2021 @ 3:34pm KUALA LUMPUR: Kossan Rubber Industries Bhd continues to witness strong global glove demand owing to Covid-19 as the company's capacity has been fully taken up until end of 2021, said CSG-CIMB. Its analyst Walter AW said Kossan had also been receiving orders for the first quarter (Q1) of 2022 and fully filled up its allocation for spot orders, utilising up to 20 per cent of its total capacity, till end of 1Q of this year. "Kossan has already increased its average selling price (ASP) by 40 per cent quarter-on-quarter (QoQ) in the third quarter of 2020. The demand-led environment will allow it to raise them further," he said in a report. In a recent briefing recently, he said Kossan was expecting an ASP increase of 50 per cent QoQ in the fourth quarter of 2020 as well as in Q1 of 2021. https://www.nst.com.my/business/2021/01/658136/kossans-gloves-orders-fully-taken-until-end-2021 "It is not discounting further ASP hikes from the second quarter of 2021 onwards, given that its current ASPs are still below the industry average," said Walter. He said Kossan was not discounting the possibility of a special dividend on top of its current dividend payout (minimum 30 per cent of net profit) to reward shareholders. "The possible implementation of interim dividends is on the cards, in line with the recent announcement of its peers, Supermax Corp Bhd and Top Glove Corp Bhd." He said Kossan's operations had resumed post detection of positive Covid-19 cases after halting 25 per cent of its total production capacity from December 7 to December 31 last year in view of a Covid-19 outbreak among its workers. "We estimate the capacity loss at 1.5 per cent of Kossan's total annual output, and that the financial impact was minimal. We believe the quantum of its ASP hikes would be more than sufficient to offset the temporary capacity loss during the period." CGS-CIMB said Kossan would likely retain its strong earnings prospects as it stands to benefit from the favourable supply-dynamics in the glove sector owing to Covid-19. 17/01/2021 5:58 PM BALANCE_VIEW gemfinder .....u r such a moorroon! force labour? Then how about this? Malaysia is a gold mine to them? Only moorroonn will believe the hypocrisy of mat salleh. And just bcos of an old recycle clips, you got excited ! How low can you go ?? https://www.therakyatpost.com/2020/11/04/theres-a-protest-in-banglades... gemfinder https://klse.i3investor.com/blogs/canadafirst/2021-01-17-story-h153938... 17/01/2021 12:12 PM 17/01/2021 6:19 PM CoolBull Kossan's glove orders fully taken up until 2021 https://www.nst.com.my/business/2021/01/658136/kossans-gloves-orders-fully-taken-until-end-2021 17/01/2021 6:25 PM jeremylin Sometimes people just like germfinder to spread negativity, dont know what is their motives... 17/01/2021 6:33 PM MrGlover Opinion guys. We've cleared the warrant that's in the money last week. The next expiring warrant has 7.25 exercise. Great news on the order books. Great news on likely interim divvy. Great news on increase ASP for 1H. Things looking good for a great rally from tomorrow? 17/01/2021 6:48 PM FortuneBlooming Something fishy: Pfizer CEO not jabbing himself with Pfizer vaccine raises big questions https://www.news18.com/amp/news/buzz/something-fishy-pfizer-ceo-not-getting-his-own-companys-covid-19-vaccine-raises-questions-3182408.html 17/01/2021 6:59 PM TRYLUCK88 where can we get list of shorter n amt? jpm buying back tg. how abt kossan? 17/01/2021 7:28 PM limontea THIS FISH IS UNDERCOOKED : FINDING 18x FLAWS IN JP MORGAN'S BEARISH REPORTS ON GLOVES https://klse.i3investor.com/blogs/pelhambluefund/2021-01-17-story-h1539382363-THIS_FISH_IS_UNDERCOOKED_FINDING_18x_FLAWS_IN_JP_MORGAN_S_BEARISH_REPOR.jsp 17/01/2021 7:34 PM ks5S https://www.jpost.com/israel-news/rabbi-yisrael-lau-infected-with-corona-after-receiving-two-pfizer-doses-655703?traffic_source=Connatix 17/01/2021 7:40 PM ks5S https://www.nst.com.my/business/2021/01/658136/kossans-gloves-orders-fully-taken-until-end-2021 17/01/2021 7:58 PM MrGlover Wow, JPM was misleading innocent investors all along... All in la. Don't let them cover at cheap price! 17/01/2021 8:05 PM chuasetupchua If you can recall, several years ago, AirAsia was shorted from RM 2.00+ to around 70 sen because of a report from Hong Kong that had cast aspersion that Tony was siphoning out money. The share price then rebounded as quickly as it plunged. Another case in point is Wilmar recently. So let us not fall into the trap of short-sellers. Of course these short sellers have deep pockets and can push price down further but if the fundamentals of these companies are good, it would rise eventually just like AirAsia and Wilmar. It is a game of poker. What are the fundamentals :- If TopGlove CEO had said the lead time between order and delivery for some customers is more than 365 days, it does indicate that current world gloves producers are unable to cope with the demand, otherwise, these customers would have been able to source from alternative producers. Secondly, medical gloves from new producers can't just be approved overnight; there is a series of checks and audits that recipient countries will have to do before they are able to certify them. In other worlds, the barrier of entries for new producers is high I suspect. Lastly, if my memory serves me right, Hartalega management had said that acute supply shortage will only ease after 2022. TopGlove and Kossan I am sure are rectifying their respective labour problems as speedily as they can but in the mean time, I doubt the hospitals will take the risk of instructing their medical personal to not wear gloves just because of the on-going issues. Is the typical greater good decision making; ie., is saving lives more important now or solving labour problems? I bet saving lives will take priority and management of the hospitals would give the glove producers the room and deadlines to rectify their management lapses. 17/01/2021 8:26 PM Bullrunrun https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E5%A4%A9%E7%84%B6%E6%B0%94%E6%88%90%E6%9C%AC%E9%99%8D%E4%BD%8E-%E6%89%8B%E5%A5%97%E5%85%AC%E5%8F%B8%E7%9B%88%E5%88%A9%E7%9C%8B%E6%B6%A8 17/01/2021 8:30 PM beginner If not because of rss where got such good price, buy before rss is closed. Don't miss this golden chance, recall what happened last year march mco 17/01/2021 9:02 PM beginner I will load more when price drop since we knew shorties will recover later, this is like 100% win game 17/01/2021 9:03 PM chshzhd TA Securities gives KOSSAN lowest forward PE & highest forward dividend yield:) 17/01/2021 9:48 PM 99newbie Please don’t sell lower make those people who sell short happy and gains 17/01/2021 10:10 PM FortuneBlooming Something fishy: Pfizer CEO not jabbing himself with Pfizer vaccine raises big questions https://www.news18.com/amp/news/buzz/something-fishy-pfizer-ceo-not-getting-his-own-companys-covid-19-vaccine-raises-questions-3182408.html 17/01/2021 10:26 PM Kossan Is the vaccine safe? Read https://www.google.com.my/amp/s/www.nst.com.my/amp/world/world/2021/01/657879/norway-warns-covid-19-vaccine-risk-after-23-die 17/01/2021 11:38 PM ![]() ![]() | APPS ![]() I3 Messenger Individual or Group chat with anyone on I3investor ![]() MQ Trader View Trading Signals and run Live Backtest MQ Affiliate Earn rewards with MQ Affiliate Program
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