Highlights
KLSE: KOSSAN (7153)       KOSSAN RUBBER INDUSTRIES BHD MAIN : Health Care
Last Price Today's Change   Day's Range   Trading Volume
4.23   -0.01 (0.24%)  4.20 - 4.30  93,500
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Overview

Market Cap: 5,410 Million
NOSH: 1,279 Million
Avg Volume (4 weeks):1,359,655
4 Weeks Range:4.16 - 4.30
4 Weeks Price Volatility (%):
50.00%
52 Weeks Range:3.44 - 4.60
52 Weeks Price Volatility (%):
68.10%
Average Price Target: 4.79
Price Target Upside/Downside: +0.56

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2019 [#2]  |  22-Aug-2019
Next QR | Est. Ann. Date: 30-Sep-2019  |  16-Nov-2019
T4Q P/E | EY: 23.70  |  4.22%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.0106  |  399.06
T4Q NP Margin | ROE: 10.21%  |  1,683.78%

Headlines

Date Subject
03-Oct-2019 Rubber Gloves - Forced-labour Charge May Provide Opportunity
02-Oct-2019 Rubber Gloves - Demand To Bounce Up
02-Oct-2019 4Q19 Investment Strategy - Turning a Gentle Corner
01-Oct-2019 Stocks on Radar - Kossan Rubber Industries (7153)
27-Sep-2019 Top Glove - Results Disappointed
24-Sep-2019 Top Glove - Diversified Portfolio
19-Sep-2019 沙地产能将迅速恢复·油气股打回原形·综指1600再失
18-Sep-2019 Strategy - Malaysia’s Impact From the Saudi Oil Attacks
08-Sep-2019 KOSSAN 有望继续成长?
06-Sep-2019 Kossan The Most Undervalue Glove Stock With upside 31% based on PE25 and upside 58% based on PE30
04-Sep-2019 2QCY19 Results Review - Headwinds Remain
27-Aug-2019 10 things to know about Kossan Rubber before you invest - Ian Tai
26-Aug-2019 【视频】高产柅品工业 业绩跑赢同行
23-Aug-2019 Kossan Rubber Industries Bhd - Commendable Result Despite Challenging Environment
23-Aug-2019 Kossan Rubber Industries Berhad - Within Expectations
23-Aug-2019 Kossan - Still Our Top Pick for the Sector
23-Aug-2019 Kossan Rubber Industries - Solid 1H19, A Few Wrinkles in 2Q19
23-Aug-2019 Kossan Rubber Industries - A Satisfactory Performance
23-Aug-2019 Kossan Rubber - Net Profit Surges 30.3% in 1HFY19
22-Aug-2019 Kossan - Demand Powering Growth Going Forward

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.
 
Chelsea This coming Q2 I forecast double digit growth 30%

Why Kossan is the long term investment with huge upside?
1)The most undervalue glove stock with low PE 23.3 compare with Harta PE 37 Top Glove PE 29
2)Third largest (26.5B) in the world behind top glove 58B and Harta 30B
By 2019, it will increase the output from 26.5bil to 32bil (Plant 18 and Plant 19) with 20% growth and possible surpass Harta.
3)The only glove stock that record double digit growth in recently quarter result
4)Most IB upgraded the target price after Kossan perform superb result in latest Q1
Maybank : Target Price RM4.70 (Upside 23%)
Hong Leong : Target Price RM4.35 (Upside 13.9%)
Cimb : Target Price RM4.52 (Upside 17.5%)
Affin : Target Price RM6.00 (Upside 57%)
Public Bank: Target Price RM4.30 (Upside 12.6%)
MIDF : Target Price RM4.53 (Upside 16.6%)
Kenanga : Target Price RM5.25 (Upside 35.3%)
Personal TP: Target Price RM4.60 based on pe 20 and RM5.75 based on pe 25
5)After 2020, there are further expansion 48bil from 2020 to 2028 in Bidor

Why I so bullish on the glove stock is trade war will shift the supply from China to Malaysia. Gloves in China are more expensive by 25% and there are no price advantage between PVC and nitrile.
Global Demand is 300bil and Malaysia dominate the global demand by 63% and China (10%). The shift of 10% (30bil) demand from China to Malaysia will spur the growth and expansion in Malaysia. Biggest winner is major player nitrile glove which is Harta (90% nitrile) and Kossan (75% nitrile)
31/07/2019 6:02 PM
Beast He just simply comment without doing research.
31/07/2019 6:03 PM
wakarimas the PE now is around 25
31/07/2019 7:53 PM
chl1989 it will reach new high after qr release :)
05/08/2019 9:34 AM
wiki123 kossan - the only glove still in bullish trend... macd still in positive region, while the rest is koyak...
05/08/2019 11:14 AM
wiki123 finally, the last man standing also get sell off.... but volume is low...
05/08/2019 3:22 PM
chl1989 still above sma200. no worries
06/08/2019 12:15 AM
wakarimas kossan will support at 4 till the qr come out.
06/08/2019 12:16 AM
tgy123 Right level to enter, technically strong counter. But demand & supply of rubber products may impact business. To learn technical analysis in deep way, whtp + 601157931535, & learn more & more
06/08/2019 11:55 AM
wakarimas come come Kossan swim against tide.
07/08/2019 11:55 AM
Titan wow....all signal is showing uptrend and buy signal.....
07/08/2019 3:23 PM
James Ng https://klse.i3investor.com/blogs/general/218779.jsp
[转贴] [Facebook live:浅谈Kossan rubber industries bhd (Kossan)] - James的股票投资James Share Investing
08/08/2019 7:15 PM
wakarimas support at 4.15 last minutes. Somebody is collecting shares. haha
13/08/2019 5:48 PM
wakarimas monday qr report come out. Expecting
17/08/2019 3:16 PM
7300 peoples are just crazy,lowest technology production stocks with increasing gas n electricity can still maintain absurd prices......maybe laos or usa no tech to mass production.........wakaka
17/08/2019 3:29 PM
7300 told u edi.......,get off all your big potatoes with all costs,.......kindegarden also know,,reduced revenues n earnings not even worth all past kacangs.........last time simply blindly trade on TA ,trends are frens.... now high costs edi set in ,when FA come in wake up is a bit late,see humppies n dumppies until next year lor!!!
18/08/2019 8:19 PM
Chelsea result out soon on 22 August 2019.
Forecast YTY growth by 30% and possible break highest NP ever.
Latest expansion in P18 and P19 will bring more growth earning in Q3 and Q4.

Deeply undervalue
20/08/2019 3:46 PM
wakarimas q3 and q4 will have full capacity run?
21/08/2019 7:31 PM
wakarimas qoq drop a bit. YOY up , considered ok d.
22/08/2019 6:06 PM
Beast ok la, the weaker earnings were a result of scheduled revamp and upgrading works across the
Group’s plants for efficiency improvements and energy savings in the current quarter as compared with 1Q19.
22/08/2019 6:14 PM
investortrader88 https://www.theedgemarkets.com/article/kossan-2q-net-profit-29-strong-demand
22/08/2019 8:18 PM
investortrader88 tmrw kossan fly. huat ahhh. !
22/08/2019 8:18 PM
Beast Huat what la, ppl prefer sen stock
23/08/2019 9:26 AM
bose00 this is a growth stock.. goreng later ok elsewhere
23/08/2019 12:59 PM
paperplane Kossan has been doing pretty good after new plant finally operation. Good job. Another company i like beside Hartalega.
26/08/2019 4:22 PM
wakarimas under the storm outside, kossan is a good place to parking fund.
26/08/2019 6:38 PM
Titan Rm4.20 to 1USD. Production increase. Nitrile raw material cost down. Seem like all good for kossan.
27/08/2019 11:18 AM
KooSan Trade war will benefit Kossan
28/08/2019 10:17 PM
Beast guys hold it, ringgit depreciated alot
29/08/2019 12:17 PM
Titan Wow....RM4.22 to 1USD. Export stock fat tat already. Kossan will be the biggest benefit because not much loan in USD.
29/08/2019 1:59 PM
KooSan my chart is bullish
03/09/2019 11:45 PM
Titan but this stock is really turtlelish......crawl so slow.....see also want to sleep. Take a nap and come back in December??
04/09/2019 1:35 PM
Chelsea Titan, must be patient. current stock is uptrend and with the P18 kick in Q3 and P19 kick in Q4 with 20% growth, the upside is huge. With latest tariff included medical glove will boost the glove demand.
05/09/2019 10:59 AM
Titan Ya....kossan potential is good. Apart from the increase in production, latex price has came down 20% from Rm5 to 4.40 and also nitrile raw material also came down as well. Kossan has 30% latex vs 70% nitrile production. USD also strengthen where last Q they use 4.14 and now should be 4.20? So in terms of selling price and forex gain, it should be positive for next QR.
05/09/2019 11:43 AM
wakarimas All good factor comes out
05/09/2019 9:09 PM
Chelsea Just publish an article regarding Kossan, https://klse.i3investor.com/blogs/kossan/223474.jsp
Free to comment
06/09/2019 9:42 AM
cooldownguy86 Nice chart nice fundamentals but high price no good warrants
11/09/2019 3:49 PM
wakarimas kossan climb slowly like turtle, but steady like elephant. Good to hold ^^
30/09/2019 6:10 PM
mamakspecial Malaysian rubber gloves among banned goods in US anti-slavery crackdown

https://www.freemalaysiatoday.com/category/nation/2019/10/02/malaysian...

GG GLOVE COMPANY..
02/10/2019 8:34 AM
boonwei98 https://www.malaymail.com/news/malaysia/2019/10/02/us-blocks-import-of-goods-from-five-nations-including-malaysia-in-rare-anti/1796246
Run
02/10/2019 9:11 AM
Titan Clear stk now. Dun play play le.....US purchase qty is considered huge oh.....if freeze 1 month also quite big impact le.
02/10/2019 9:31 AM
7300 only people see profitable but forgot it is simple productions process anytime,anywhere supplies more than rubberband
02/10/2019 9:40 AM
7300 it is not fashion design but sell like packaged piece underwears,pengsan edi.... ,very soon selling by kilos
02/10/2019 9:45 AM
Chelsea aiyoh, read carefully. it refer to WRP glove. all the customer from WRP will switch to others
02/10/2019 1:03 PM
Beast Read the news not kossan, is sdn bhd company zzz
02/10/2019 3:32 PM
blue8888 https://www.facebook.com/183843371625918/posts/2700422989967931?sfns=mo
02/10/2019 5:15 PM
wakarimas buy when low
02/10/2019 6:33 PM
blue8888 https://www.klsescreener.com/v2/news/view/585746
03/10/2019 6:55 PM
sell Forced labour industry. No wonder share price, profit remain high.
06/10/2019 5:51 PM
wakarimas kossan not involved in forced labour case, right?
09/10/2019 6:24 PM


 

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