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KLSE: KOSSAN       KOSSAN RUBBER INDUSTRIES BHD
Last Price Avg Target Price   Upside/Downside Price Call
3.54 4.37     +0.83 (23.45%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
22/03/2019 3.55 3.45 -0.10 (2.82%) HOLD UOBKayHian Price Target News
19/02/2019 4.10 4.34 +0.24 (5.85%) HOLD PUBLIC BANK Price Target News
19/02/2019 4.10 4.62 +0.52 (12.68%) BUY MIDF Price Target News
19/02/2019 4.00 4.95 +0.95 (23.75%) BUY KENANGA Price Target News
19/02/2019 4.10 3.72 -0.38 (9.27%) HOLD HLG Price Target News
19/02/2019 4.10 5.00 +0.90 (21.95%) BUY BIMB Price Target News
19/02/2019 4.10 3.89 -0.21 (5.12%) HOLD AmInvest Price Target News
19/02/2019 4.10 5.15 +1.05 (25.61%) BUY Affin Hwang Capital Price Target News
27/12/2018 4.30 4.95 +0.65 (15.12%) BUY KENANGA Price Target News
18/12/2018 4.34 5.10 +0.76 (17.51%) BUY Affin Hwang Capital Price Target News
04/12/2018 4.38 4.34 -0.04 (0.91%) HOLD PUBLIC BANK Price Target News
04/12/2018 4.30 4.95 +0.65 (15.12%) BUY KENANGA Price Target News
03/12/2018 4.40 4.18 -0.22 (5.00%) HOLD MIDF Price Target News
19/11/2018 4.50 4.34 -0.16 (3.56%) HOLD PUBLIC BANK Price Target News
19/11/2018 4.50 4.09 -0.41 (9.11%) HOLD MIDF Price Target News
19/11/2018 4.50 4.95 +0.45 (10.00%) BUY KENANGA Price Target News
19/11/2018 4.50 3.72 -0.78 (17.33%) SELL HLG Price Target News
19/11/2018 4.50 5.00 +0.50 (11.11%) BUY BIMB Price Target News
19/11/2018 4.50 3.82 -0.68 (15.11%) HOLD AmInvest Price Target News
19/11/2018 4.50 5.15 +0.65 (14.44%) BUY Affin Hwang Capital Price Target News


Price Target Research Article/News (past 6 months)
22/03/2019  UOBKayHian Rubber Gloves – Malaysia - 4Q18 Report Card ~ Slowing to a Halt
19/02/2019  PUBLIC BANK Kossan Rubber Industries Berhad - 4QFY18 Within Expectations
19/02/2019  MIDF Kossan Rubber Industries Bhd - Earnings Momentum to Pick Up Pace in FY19
19/02/2019  KENANGA Kossan Rubber Industries - Solid 4Q18, Growth Powering Ahead
19/02/2019  HLG Kossan Rubber Industries - Towards a Better FY19
19/02/2019  BIMB Kossan - On target
19/02/2019  AmInvest Kossan Rubber - FY18 net profit up 9.3%
19/02/2019  Affin Hwang Capital Kossan - Bright Prospect Ahead
27/12/2018  KENANGA Rubber Gloves - Insignificant Gas Tariff Hike, Overstretched Valuations
18/12/2018  Affin Hwang Capital Kossan - Lowering Costs to Maintain Competitiveness
04/12/2018  PUBLIC BANK Kossan Rubber Industries Berhad - A Tour To The Automated Plant
04/12/2018  KENANGA Kossan Rubber Industries - A Sturdy New Plant, Margins To Improve
03/12/2018  MIDF Kossan Rubber Industries Berhad - Continuous Improvement on Operation Efficiency
19/11/2018  PUBLIC BANK Kossan Rubber Industries Berhad - Driven By The Long-Awaited New Capacity
19/11/2018  MIDF Kossan Rubber Industries Bhd - Capacity Expansion on Track
19/11/2018  KENANGA Kossan Rubber Industries - Solid 3Q18, Growth Powering Ahead
19/11/2018  HLG Kossan Rubber Industries - Late to the party
19/11/2018  BIMB Kossan - Higher sales volume but below our expectation
19/11/2018  AmInvest Kossan Rubber - Robust 9MFY18 topline growth but margins disappoint
19/11/2018  Affin Hwang Capital Kossan - the Re-start of An Earnings Growth Cycle



  11 people like this.
 
tan81 Cut loss?
06/03/2019 8:03 AM
nckcm Ya cut loss. This year is OnG year
06/03/2019 8:24 AM
129055444514385 why did epf continue to buy kossan? any special div, merger or acquisition?

EMPLOYEES PROVIDENT FUND BOARD 28-Feb-2019 Acquired 968,500 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 27-Feb-2019 Acquired 253,700 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 25-Feb-2019 Acquired 103,900 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 22-Feb-2019 Acquired 482,300 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 21-Feb-2019 Acquired 172,900 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 20-Feb-2019 Acquired 1,865,100 0.000 View Detail
06/03/2019 11:52 AM
titus EPF plenty of money le. The above purchase not even 0.01% of epf piggy bank. Mayb it is less than 1% of wht epf is holding in kossan. I do have some kossan. Did not sell or buy at this moment and if it correct 10%, i buy abit more. correct 20%. I buy more abit. Correct 30%......can sai lang kua....hehe....kiddin la
06/03/2019 12:13 PM
129055444514385 hopefully, made a good prediction :)

Reaffirm BUY Call and TP of RM5.15
We tweak our forecast to incorporate the performance in 4QFY18. However, we are maintaining our BUY call and 12-month TP of RM5.15 (based on an unchanged 27x 2019E PER), as we still believe in Kossan’s growth prospects. Kossan also remains our top BUY pick for the sector and country.

Source: Affin Hwang Research - 19 Feb 2019




Recent Prices
Date Open Range Close Change Volume
05/03/2019 3.79 3.75 - 3.85 3.75 -0.05 (1.32%) 611,400
04/03/2019 3.83 3.80 - 3.85 3.80 -0.05 (1.30%) 460,500
01/03/2019 3.88 3.83 - 3.91 3.85 -0.03 (0.77%) 656,200
28/02/2019 3.98 3.84 - 3.98 3.88 -0.09 (2.27%) 1,918,200
27/02/2019 3.98 3.94 - 3.98 3.97 -0.01 (0.25%) 932,400
26/02/2019 3.94 3.93 - 3.99 3.98 +0.03 (0.76%) 715,000
25/02/2019 4.01 3.93 - 4.01 3.95 -0.06 (1.50%) 856,700
22/02/2019 4.05 3.97 - 4.05 4.01 -0.04 (0.99%) 992,400
21/02/2019 4.05 3.99 - 4.05 4.05 0.00 (0.00%) 833,100
20/02/2019 4.02 4.01 - 4.09 4.05 +0.05 (1.25%) 2,587,000
19/02/2019 4.10 3.98 - 4.20 4.00 0.00 (0.00%) 3,691,600
06/03/2019 1:04 PM
129055444514385 EPF continues to buy more and more, takut apa bossku :) shareholdings in kossan dah melebihi 7% tapi masih beli :)

[KOSSAN] Change In Substantial Shareholder's Shareholding - EMPLOYEES PROVIDENT FUND BOARD on 05-Mar-2019
Stock [KOSSAN]: KOSSAN RUBBER INDUSTRIES BHD
Announcement Date 05-Mar-2019
Substantial Shareholder's Particular:
Name EMPLOYEES PROVIDENT FUND BOARD
Details of Changes:
Currency -
Date of Change Type Number of Shares
28-Feb-2019 Acquired 968,500
Registered Name CITIGROUP NOMINEES (TEMPATAN) SDN BHD
Nature of Interest Direct Interest
27-Feb-2019 Acquired 253,700
Registered Name CITIGROUP NOMINEES (TEMPATAN) SDN BHD
Nature of Interest Direct Interest
Nature of Interest Direct Interest
Shares ORDINARY SHARES
Reason OPEN MARKET TRANSACTION
Total no of securities after change
Direct (units) 97,656,800
Direct (%) 7.64
Indirect (units) 0
Indirect (%) 0.00
Total (units) 97,656,800
Total (%) 7.64
Date of Notice 01-Mar-2019
06/03/2019 2:12 PM
129055444514385 buy some when others are fearful... :)
06/03/2019 2:13 PM
129055444514385 kossan will make more profits if really become a reality :)

Ringgit seen at 4.15 against US dollar by end-2019 — Bank of America Merrill Lynch
Tan Xue Ying

theedgemarkets.com

March 06, 2019 12:11 pm +08



KUALA LUMPUR (March 6): Bank of America Merrill Lynch sees the ringgit weakening to 4.15 against the US dollar by year-end as the Malaysian currency is deemed sensitive to China's economic growth story.

Bank of America Merrill Lynch director Rohit Garg, however, said Malaysia's stable exports are expected to mitigate the ringgit's weakness. He said Malaysia is the only country that has not seen much downward pressure on exports, but instead benefits from the trade diversion due to the US-China trade tension.

He said this is evident especially in Malaysia's electronic and electric exports.

"For Malaysia, things have actually turned out to be better than what I was actually expecting. We are not really expecting much weakness in the ringgit. There will be a little weakness as it is definitely a bit more sensitive in terms of how China growth actually evolves.

"From current levels, we are expecting the ringgit to weaken to 4.15 (against the greenback) by the end of the year," he said during a panel session at the Palm & Lauric Oils Price Outlook Conference & Exhibition 2019 here today.

At 11:26am today, the ringgit weakened to 4.0883 against the US dollar after China announced yesterday its economic growth forecast revision.

Reuters reported that China lowered its economic growth target for this year to between 6% and 6.5%, as expected, from around 6.5% last year. It was reported that China offered more stimulus, including cuts in taxes and social security fees, increases in infrastructure investment and lending to small firms.
06/03/2019 2:47 PM
129055444514385 good for EPF... if go lower.... can sapu more at lower price and then sell higher in future to make profits for us (EPFholders) :)
06/03/2019 4:04 PM
dlau8899 Going up as soon
06/03/2019 6:48 PM
129055444514385 This research article will move the price today

Affin Hwang Research retains Overweight on rubber gloves
07/03/2019 9:23 AM
129055444514385 Look quite solid, no wonder epf continues to buy kossan shares.

Kossan Rubber Industries

Kossan Rubber Industries is a Kuala Lumpur based public limited company engaged in manufacture, sale, and export of rubber products.[1] It was founded by Dato’ Lim Kuang Sia in 1979.[2]

Kossan Rubber Industries
Type
Public
Industry
Industrial and Medical equipments
Founded
1979
Founder
Dato’ Lim Kuang Sia (Tan Sri Dato’)
Headquarters
Malaysia
Owner
Kossan Holdings (M) Sdn Bhd
Website
kossan.my
Company Overview

The company was founded in 1979 by Tan Sri Dato’ Lim Kuang Sia.[3][4] They initially produced cutlass bearing, and started manufacturing gloves in 1989. Today it has a production capacity of 25 billion pieces annually.[3][5][6] Its product segments include; Technical Rubber Products, Medical Gloves, Cleanroom Products and others.[1][7] Its subsidiaries are;

Doshin Rubber Products (M) Sdn. Bhd. (1984)
Quality Profile Sdn. Bhd.
Premium Medical Products Sdn. Bhd.
Kossan Latex Industries (M) Sdn. Bhd. (1988)
Ideal Quality Sdn. Bhd.
Cleanera (M) Sdn. Bhd
Top Calibre Sdn. Bhd.
Kossan International Sdn. Bhd.
Normandin Pacific Holdings Corp.
Kossan Gloves Sdn Bhd.
Hibon Corporation Sdn. Bhd.(1977)
Cleanera HK Limited
KISB Asia Pacific Sdn. Bhd.(2010)
Kossan Industries Sdn. Bhd.
Kossan Japan Rollers Sdn. Bhd
Kossan is one of the largest producer of disposable latex and nitrile gloves in Malaysia, the second largest in the world. They export to over 190 countries.[8][7] They are ISO 13485:2003, EN ISO 13485:2012, ISO 13485:2003-CMDCAS and ISO 9001:2008 certified[1] and is listed in Kuala Lumpur Stock Exchange.[5][3]

Their revenue in 2017 was RM 1.96 billion and net profit was RM182.06 million.[3][8]

Partnerships

In 2017, the subsidiary of KRI, Doshin Rubber Products entered into a partnership with University Technology MARA for mutual sharing of resources and expertise.[9]
07/03/2019 9:40 AM
dlau8899 Rebound
07/03/2019 9:44 AM
129055444514385 no wonder EPF continues to sapu the shares :)

Tuesday, 5 Mar 2019

5:46PM KOSSAN EMPLOYEES PROVIDENT FUND BOARD (1,222,200 units Acquired)


Friday, 1 Mar 2019

5:52PM KOSSAN EMPLOYEES PROVIDENT FUND BOARD (103,900 units Acquired)


Wednesday, 27 Feb 2019

5:36PM KOSSAN EMPLOYEES PROVIDENT FUND BOARD (655,200 units Acquired)


Monday, 25 Feb 2019

5:43PM KOSSAN EMPLOYEES PROVIDENT FUND BOARD (2,007,400 units Transacted)


Thursday, 21 Feb 2019

5:34PM KOSSAN OTHERS


Wednesday, 20 Feb 2019

5:18PM KOSSAN EMPLOYEES PROVIDENT FUND BOARD (245,500 units Transacted)


Tuesday, 19 Feb 2019

5:54PM KOSSAN Financial year end net profit 205.300 million (increased 11.43%)
07/03/2019 10:50 AM
129055444514385 Epf is buying it continuously, short sellers tak berani sentuh, epf is very cash rich
07/03/2019 11:58 AM
07/03/2019 1:31 PM
129055444514385 On the way back to rm4 & above kot? :)

Date Close

????
06/03/2019 3.73
05/03/2019 3.75
04/03/2019 3.80
01/03/2019 3.85
28/02/2019 3.88
27/02/2019 3.97
26/02/2019 3.98
25/02/2019 3.95
22/02/2019 4.01
07/03/2019 1:55 PM
YF24 fake rebound will u turn : )
07/03/2019 5:52 PM
tan81 Epf non stop adding...pricr also still stuck...
Any idea?
07/03/2019 5:53 PM
wakarimas the price fall like hell even though the good result. But the future seems promising. Keep for 1 year or longer , sure can see profit.
07/03/2019 9:05 PM
YF24 3.3 - 3.5 enter
07/03/2019 10:18 PM
wakarimas got dividend this time?
08/03/2019 5:13 PM
dlau8899 Epf continue buy. Drop many day, will rebound as soon.
11/03/2019 2:02 PM
SDR245 3.50 enter
11/03/2019 2:10 PM
TYS_Capital trap......
12/03/2019 1:36 PM
TYS_Capital sienz
12/03/2019 1:36 PM
msart My personal analysis: for those short to medium range (~days or weeks) and medium to high risk trader can consider to buy KOSSAN at rm3.50-3.60. 14mac 2019.
14/03/2019 11:29 PM
dlau8899 Continue rebound
17/03/2019 11:17 AM
bose00 Accumulate some..
20/03/2019 12:04 PM
Phoniex9 Buy more to keep now rising star
21/03/2019 10:21 AM
Phoniex9 Is the time to buy NOW
22/03/2019 4:15 PM
wakarimas i have been buying it from rm4.5 till rm3.50 When will you rebound my kossan??
23/03/2019 4:32 PM
lai81533 Fly kossan
29/03/2019 12:14 PM
lai81533 0.9729
0.9723
0.9715
0.9711
0.9710
0.9683
0.9665
0.9651
0.9636
0.9633
0.9631
0.9632
0.9630
0.9626
0.9597
0.9591
0.9575
0.9555
0.9553
0.9555
29/03/2019 12:49 PM
dlau8899 Continue rebound
30/03/2019 10:07 AM
stock_investor Kossan is expected to have fastest growth in 2019 among big 4: topglove, harta, kossan and supermax.
05/04/2019 7:32 AM
Dakewlest Bila nak announce dividen?
06/04/2019 5:56 PM
stock_investor april announce.
07/04/2019 8:34 AM
CashRich After Qr announce then dividend will be announce too.
08/04/2019 11:50 AM
CashRich USD raised to 4.10
08/04/2019 1:02 PM
CashRich Raise also no help
Supermx better
10/04/2019 11:52 AM
dlau8899 Good fundamental + USD up + 3 cents dividend. Kossan will rebound as soon.
12/04/2019 6:18 PM
dlau8899 EPF keep buying
12/04/2019 6:18 PM
wakarimas the dividend is so sikit! But better then nothing. The price has been hovering at 3.48 to 3.8 area. Nobody look at Kossan now. But it is also a good time to accumulate Kossan now.
12/04/2019 6:30 PM
Y2016 Added 1,000 unit
12/04/2019 7:45 PM
newbie911 Why tis counter so many desperate seller? Low also keep sell.
13/04/2019 9:53 AM
dlau8899 USD going up again. Kossan will rebound as soon with good fundamental stock + USD continue up
13/04/2019 11:27 AM
LuckyG bought 1st batch
15/04/2019 11:57 AM
LuckyG bought 2nd batch
17/04/2019 4:31 PM
dlau8899 USD up, kossan up
17/04/2019 8:49 PM


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