Highlights
KLSE: KOSSAN (7153)       KOSSAN RUBBER INDUSTRIES BHD MAIN : Health Care
Last Price Today's Change   Day's Range   Trading Volume
4.01   +0.01 (0.25%)  4.01 - 4.02  4,600
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Overview

Market Cap: 5,129 Million
NOSH: 1,279 Million
Avg Volume (4 weeks):1,278,723
4 Weeks Range:3.71 - 4.08
4 Weeks Price Volatility (%):
81.08%
52 Weeks Range:3.44 - 8.96
52 Weeks Price Volatility (%):
10.33%
Average Price Target: 4.54
Price Target Upside/Downside: +0.53

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2019 [#1]  |  24-May-2019
Next QR | Est. Ann. Date: 30-Jun-2019  |  17-Aug-2019
T4Q P/E | EY: 23.62  |  4.23%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 1.03  |  3.89
T4Q NP Margin | ROE: 9.92%  |  16.48%

Headlines

Date Subject
12-Jun-2019 Rubber Products - Staying Positive for 2H19
03-Jun-2019 Kossan Rubber Industries - Rubbing Off to a Good Start in FY19
28-May-2019 【视频】高产柅品工业 新厂明年启用
27-May-2019 Kossan - An encouraging start
27-May-2019 Kossan Rubber Industries Bhd - Higher Sales Volume Mitigated a Weak ASP
27-May-2019 Kossan Rubber - Starts FY19 on good footing
27-May-2019 Kossan Rubber Industries Berhad - Lifted By Margin Expansion
27-May-2019 Kossan Rubber Industries - Solid 1Q19, Growth Powering Ahead
27-May-2019 Kossan - Growth Supported by Capacity Expansion
26-May-2019 2新厂投运·高产柅品可产320亿只手套
24-May-2019 Trading Stocks - Kossan Rubber Industries
16-May-2019 高产柅品工业上挑RM3.86/敏源
18-Apr-2019 Rubber Gloves - Let The Dust Settle
05-Apr-2019 Rubber Gloves - Palatable Valuations, Kossan the Only Bright Spot
22-Mar-2019 Rubber Gloves – Malaysia - 4Q18 Report Card ~ Slowing to a Halt
18-Mar-2019 Invest Malaysia 2019 - Research Guide by Maybank IB
15-Mar-2019 Invest Malaysia 2019 - KOSSAN RUBBER INDUSTRIES
20-Feb-2019 高产柅品工业 核心净利逊色砍财测
19-Feb-2019 Kossan Rubber Industries - Towards a Better FY19
19-Feb-2019 Kossan - Bright Prospect Ahead

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.
Analyze this stock with MQ Trader system

  11 people like this.
 
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
Shawn Ng Harta n Top glove already start up...now kossan engine Will follow the trend too
23/04/2019 3:13 PM
wakarimas today move little bit
23/04/2019 6:34 PM
stock_investor Suddenly so many ppl come out in this counter. Last two months so quiet
24/04/2019 7:35 AM
LuckyG Sold ty.
24/04/2019 10:38 AM
wakarimas accumulate sikit only,up already. Wait and see how
24/04/2019 7:12 PM
Airline Bobby eh buying stop already ?
06/05/2019 9:20 PM
wakarimas Not affected by harta poor result. So got hope in kossan
08/05/2019 11:58 AM
wakarimas supermax give good result. Expecting Kossan will do the same and even better. See the price up 10% from lowest recently. They should have known something about kossan profit. Expecting its qr
15/05/2019 11:44 AM
bose00 Accumulate more
17/05/2019 11:04 AM
wakarimas coming coming
21/05/2019 4:19 PM
Godstock88 buy now.more to go!rm6
mid term
23/05/2019 8:44 AM
Chelsea The most undervalue stock in glove is Kossan.
Previous Q4 output is 25bil.
Coming Q1 (production Jan to March) output is 26.5bil after completion plant 17 in November 2018.
Based on the additional output, I forecast coming Q is growth approximate 30% to 40%.
Based on full year 2019 taking account plant 18 and plant 19 completion , I forecast EPS is around 23.
Based on the most conservative PE 20 , target price is RM4.60
Based on mean PE 25, the target price is RM5.75.

Other catalyst
Weakening MYR, Tariff, Expansion 48bil in Bidor.
23/05/2019 4:44 PM
wakarimas market bad sentiment recently. Some money should park at safe counter like kossan. Hopefully kossan give pretty QR result!
23/05/2019 4:56 PM
UnicornP https://www.thestar.com.my/business/business-news/2019/05/23/kossan-targets-higher-profit-margins-cutting-costs/
23/05/2019 8:28 PM
bose00 good growth prospect!
24/05/2019 10:19 AM
750023336 https://www.facebook.com/fatainvesting/posts/2299937990249068

Hope for steady results for Kossan QR
24/05/2019 2:34 PM
Jeffrey Ng what happen? why sudden drop???
24/05/2019 4:22 PM
wakarimas when will the QR come out????
24/05/2019 5:31 PM
Beast Today
24/05/2019 5:33 PM
bylkw2 no mention of oversupply of gloves, but with impressive growth, n demand for gloves remains resilient
monday gloves counters fly again if USD/MYR no drops
24/05/2019 6:01 PM
wakarimas perfect result!!! hurray
24/05/2019 6:06 PM
bose00 QoQ is good !
24/05/2019 6:07 PM
bose00 Next qtr should be even better.. (I hope) cont to invest in glove
24/05/2019 6:12 PM
chun2 it can only get better from here
24/05/2019 7:11 PM
Shawn Ng Haha...monday buy more
24/05/2019 9:43 PM
dpicturetext KOSSAN 7153 Review 24 MAY 2019
回顾高产尼品2019年5月24日
https://dpicturetext.blogspot.com/2019/05/kossan-7153-review-24-may-2019.html
25/05/2019 10:40 PM
Gerald Koh https://klse.i3investor.com/blogs/geraldkohstockcharts/207853.jsp
26/05/2019 8:26 AM
lizi kossan? Q4 result also good in feb, people chase above rm4.00 last time, all still stuck inside......now Q1 result also good.....how? chase like in feb? lol.....just my observation...
26/05/2019 9:48 AM
klangkopitiam https://mymetastockjournal.blogspot.com/2019/05/kossan-rubber-industries-bhd-klse-7153.html
26/05/2019 3:06 PM
750023336 https://www.facebook.com/fatainvesting/videos/2228159037498242

Kossan AGM 2019 full session recordings
27/05/2019 2:45 PM
Username Upp upp upppppp!!!
28/05/2019 9:59 AM
bose00 Rebound and new high
28/05/2019 10:21 AM
Man Nur boleh lagikah kah kah kah
28/05/2019 2:27 PM
Vkpgkl Boleh
28/05/2019 2:29 PM
Chelsea 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)
28/05/2019 4:13 PM
bose00 Awaiting for dividend 3/jun
29/05/2019 11:48 AM
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08/06/2019 9:00 AM
lai81533 Kossan Strong
08/06/2019 9:00 AM
bose00 Just keep accumulating and invest in a good company
11/06/2019 3:04 PM
chl1989 all in
14/06/2019 7:29 AM
wakarimas topglove kantoi. Kossan how
18/06/2019 5:48 PM
Jackiee DOUBLE DIGIT GROWTH THIS YEAR!!!
18/06/2019 6:23 PM


 

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