Highlights
KLSE: KOSSAN (7153)       KOSSAN RUBBER INDUSTRIES BHD MAIN : Health Care
Last Price Today's Change   Day's Range   Trading Volume
4.40   +0.06 (1.38%)  4.34 - 4.42  1,244,300
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Overview

Market Cap: 5,627 Million
NOSH: 1,279 Million
Avg Volume (4 weeks):2,368,284
4 Weeks Range:4.20 - 4.60
4 Weeks Price Volatility (%):
50.00%
52 Weeks Range:4.00 - 8.96
52 Weeks Price Volatility (%):
8.06%
Average Price Target: 4.34
Price Target Upside/Downside: -0.06

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2018 [#3]  |  16-Nov-2018
Next QR | Est. Ann. Date: 31-Dec-2018  |  22-Feb-2019
T4Q P/E | EY: 29.52  |  3.39%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.97  |  4.54
T4Q NP Margin | ROE: 9.42%  |  15.36%

Headlines

Date Subject
04-Dec-2018 Kossan Rubber Industries Berhad - A Tour To The Automated Plant
04-Dec-2018 Kossan Rubber Industries - A Sturdy New Plant, Margins To Improve
03-Dec-2018 Kossan Rubber Industries Berhad - Continuous Improvement on Operation Efficiency
25-Nov-2018 Why Kossan is the Winner from Crude Oil Plunge?
21-Nov-2018 [转贴] [KOSSAN RUBBER INDUSTRIES BHD:工厂17(P17)每年能生产多达15亿件手套,已于2018年11月全面投入使用,工厂18(25亿件)​​和工厂19(30亿件)的建设工程目前正在进行中] - James的股票投资James Share Investing
20-Nov-2018 高产柅品工业 增产激励明年业绩
19-Nov-2018 Kossan - the Re-start of An Earnings Growth Cycle
19-Nov-2018 Kossan - Higher sales volume but below our expectation
19-Nov-2018 Kossan Rubber Industries - Late to the party
19-Nov-2018 Kossan Rubber Industries Bhd - Capacity Expansion on Track
19-Nov-2018 Mplus Market Pulse - 19 Nov 2018
19-Nov-2018 Kossan Rubber - Robust 9MFY18 topline growth but margins disappoint
19-Nov-2018 Kossan Rubber Industries Berhad - Driven By The Long-Awaited New Capacity
19-Nov-2018 Kossan Rubber Industries - Solid 3Q18, Growth Powering Ahead
29-Oct-2018 Technical Analysis - Kossan Rubber Industries
12-Oct-2018 [转贴] 手套股四大天王简略介绍 - 听见股市
05-Oct-2018 Rubber Gloves - Capacities Building Up, Potential Oversupply Looming
02-Oct-2018 Kossan Rubber - Healthy sales growth expected with rising capacity
21-Aug-2018 高产柅品工业 需求强劲激励财测
20-Aug-2018 Kossan - Greater production to boost 2H18 performance

Business 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.
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  11 people like this.
 
Joe Choe hallow
26/07/2018 11:05
Jasper Coo buy and earn !
26/07/2018 11:08
Lim Tek Wai Up up up
26/07/2018 11:26
aaabbbccc push to 4.8!!!
26/07/2018 13:35
paperplane n June 2016, subsidiary Doshin Rubber Products (M) entered into a Memorandum of Agreement with Shanghai Tongji University Tong Tech Metro Vibration Control Co Ltd (TVMC) to jointly design and manufacture anti-vibration systems for railways, buildings and bridges for the China market.
27/07/2018 15:21
warren buntut as usual sink on x date. tp 3
02/08/2018 21:10
aaabbbccc lapsap counter
16/08/2018 20:50
samheong78 Fair value 34. I thought should be 60. Haiz.
17/08/2018 20:57
ray1980 Second qr not good.All bad issues r coming! Can't maintain high PE against.Be caution...
18/08/2018 10:19
dalpinia Can keep for 2-3 yrs sure can earn slowly to 100% like Harta as its expansion plan is similar to Harta
18/08/2018 11:06
ks5S next year will be 5.50
trust me. you won't regret investing in this counter.
18/08/2018 11:12
aaabbbccc thn next year only buy this counter.. buy now earn ntg.. everyday keep dropping.. even if price high also no buyer at high price
18/08/2018 18:53
Jordan Khoo This stock become stronger and stronger, worth to invest
20/08/2018 11:31
pienghon Ya...Stronger and more stronger.Believe urself, buy it and keep it...just do it.
20/08/2018 11:51
freddiehero wow.. perfect
21/08/2018 06:57
Jasper Coo Very confident stock, good to invest it and then can buy more car HAHAH!
21/08/2018 11:21
wakarimas no power, today up a bit , but at the end drop .....
28/08/2018 18:19
jamestecs This is the sleeping dragon...
30/08/2018 15:00
wakarimas good time to collect while she is sleeping. when she fly high, susah nak cari d.
30/08/2018 16:35
trap44 slow and steady
06/09/2018 15:19
truly Why drop alots?? Kossan not profit ?
21/09/2018 19:12
trap44 Why keep on drop???
24/09/2018 16:41
ks5S no worry on the drop.
it create opportunity to accumulate for long-term investment. They continue expanding with the giant growth at the bidor 800 acres area.
24/09/2018 22:26
trap44 good
27/09/2018 16:19
newbie4444 Why Kenanga TP 3.45? Can drop more?
28/09/2018 03:54
wakarimas finally move a bit but drop back at the end....
17/10/2018 18:23
Fiona34 Post removed. Why?
27/10/2018 19:18
paperplane Gloves sector is relatively strong and stable this round! Except Supermax with legal cases..... Others are relatively OK compared to others sector.
28/10/2018 23:31
KY Tham Buy, good result coming out soon
07/11/2018 23:11
wakarimas qr coming soon, this week
15/11/2018 10:06
yiniugongxiong KOSSAN 7153 QUARTERLY REPORT 30 SEPT 2018
http://yiniugongxiong.blogspot.com/2018/11/kossan-7153-quarterly-report-30-sept.html
16/11/2018 18:52
Inv323ych http://www.klsescreener.com/v2/news/view/458082
16/11/2018 20:04
Dakewlest No dividend?
16/11/2018 20:42
wakarimas good result. should go 4.7 .
16/11/2018 22:42
wakarimas it has been sleeping for long since bonus issue.
16/11/2018 22:42
Dakewlest Normally announce div...
17/11/2018 21:57
paperplane *Kossan Rubber (KRI MK/SELL/TP:RM3.64)*

*3Q18 results takeaways:*
- Having ramped up activities at Plant 16 coupled with strong demand, Kossan’s 3Q18 net profit increased 25% qoq to RM54m (+19% yoy). This brought 9M18 bottom-line to RM142m (+3% yoy), which was within estimates.

- Glove sales up 17% qoq (ASP +2%, Forex +7%, Vol +8%). Utilization rate >80%

*Comments:*
- Management claims forward orders still robust and this is bucking the trend, unlike two of its peers. We suspect Kossan may be taking market share away from competitors.

- That said, we believe it will be a more competitive business environment from now on considering more nitrile glove supply capacity is coming on-stream in the near term.

- No change to forecasts.

- *Recommendation*:
Still a SELL but with a revised target price of RM3.64 (from RM3.28) as we peg the stock to a higher 2019F PE multiple of 20x (from 18x) - a realignment exercise, in tandem with our recent valuation bump-up for Top Glove. The new PE yardstick is in line with Kossan’s 5-year forward mean PE of 20x but below the sector’s 29x.
19/11/2018 08:53
zKingDB I disagree with @paperplane, No. 16 plant has started running in August, the No. 17 plant is expected to start in November. This positive factor is expected to continue to increase sales will also drive the share price to climb. I collected few at 4.2...... will increase in short/midterm
19/11/2018 08:59
paperplane add kossan today. hehe
19/11/2018 09:03
newbie911 Good result but drop....
Cut ???
19/11/2018 15:40
wakarimas why not moving.......
19/11/2018 15:53
trap44 What's wrong?
19/11/2018 16:58
rajachulan WoW!!! huge volume with close low... becareful guys... big investor leaving the ship...
19/11/2018 17:07
wakarimas what i can say is, buy low and sell high. The price hike to 4.6 and then drop to 4.25 for no reason. What are you waiting for ??? hahah, dont miss the boat.
19/11/2018 18:18
jolow faster run.
going down below 4.00 soon
19/11/2018 19:03
Market_live Market might be on the bearish side, it is very volatile. Enter at high price is bit risky. For short term it is good.
For proper analysis & live market update whp 601157940369, live market analysis
20/11/2018 21:55
James Ng https://klse.i3investor.com/blogs/general/183156.jsp
[转贴] [KOSSAN RUBBER INDUSTRIES BHD:工厂17(P17)每年能生产多达15亿件手套,已于2018年11月全面投入使用,工厂18(25亿件)​​和工厂19(30亿件)的建设工程目前正在进行中] - James的股票投资James Share Investing
21/11/2018 14:15
thenextwave Epf non-stop selling.
04/12/2018 21:49
Eric Teh More like changing hands. Hopefully it's done. Then it's time to go off.
06/12/2018 11:20
paperplane Kossan is for long-term,why worry
08/12/2018 01:25


 

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