Kossan Rubber Industries: Maintain Buy - Major Glove Laggard

Blogs Headlines

Bursa Malaysia Stock Watch

Kossan Rubber Industries: Maintain Buy - Major Glove Laggard

Publish date: Thu, 09 Aug 2012, 09:43 AM

Kossan Rubber Industries: Major Glove Laggard

Maintain BUY. We expect 2Q12 net profit of around MYR24m (+10% QoQ, +15% YoY), inline with our expectation, lifting 1H12 net profit to MYR46m (+5% YoY).
Similar to its peers, Kossan is a beneficiary of latex/NBR input costs and stronger USD:MYR, but its share price has substantially underperformed its peers by 27% in the last three months.
We continue to think that Kossan is a laggard and share price may gain traction upon the release of its positive 2Q12 results. Maintain forecasts, BUY and TP of MYR3.75 (10x 2013 PER).

Click here for full report

Source: Maybank Research - 9 August 2012

KOSSAN (7153)

Related Stocks

Market Buzz

2024-11-21

KOSSAN

Blog

Technical Tracker - HLIB Retail Research –21 Nov 2024

2024-11-21

KOSSAN

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 4,000,000 shares on 18-Nov-2024.

2024-11-21

KOSSAN

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 1,094,100 shares on 18-Nov-2024.

2024-11-21

KOSSAN

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 900,000 shares on 18-Nov-2024.

2024-11-21

KOSSAN

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 424,700 shares on 18-Nov-2024.

2024-11-21

KOSSAN

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 381,800 shares on 18-Nov-2024.

2024-11-20

KOSSAN

Forum

4 New Comments

2024-11-20

KOSSAN

Insider

ABRDN MALAYSIA SDN BHD (a substantial shareholder) acquired 1,644,600 shares on 18-Nov-2024.

2024-11-20

KOSSAN

Insider

ABRDN HOLDINGS LIMITED (a substantial shareholder) acquired 1,644,600 shares on 18-Nov-2024.

2024-11-20

KOSSAN

Insider

ABRDN PLC (a substantial shareholder) acquired 1,644,600 shares on 18-Nov-2024.

2024-11-20

KOSSAN

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 1,430,000 shares on 15-Nov-2024.

2024-11-20

KOSSAN

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 626,300 shares on 15-Nov-2024.

2024-11-20

KOSSAN

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 243,200 shares on 15-Nov-2024.

2024-11-19

KOSSAN

Blog

Kossan Rubber Rises to Near Four-month High After Surprise Special Dividend

2024-11-19

KOSSAN

Blog

热门股:高产柅品工业上探RM2.54

2024-11-19

KOSSAN

Insider

Notice of new substantial holder - ABRDN MALAYSIA SDN. BHD. on 15-Nov-2024.

2024-11-19

KOSSAN

Insider

ABRDN HOLDINGS LIMITED (a substantial shareholder) acquired 941,500 shares on 15-Nov-2024.

2024-11-19

KOSSAN

Insider

ABRDN PLC (a substantial shareholder) acquired 941,500 shares on 15-Nov-2024.

2024-11-19

KOSSAN

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 1,570,000 shares on 14-Nov-2024.

2024-11-19

KOSSAN

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 1,221,500 shares on 14-Nov-2024.

2024-11-19

KOSSAN

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 474,200 shares on 14-Nov-2024.

2024-11-18

KOSSAN

Blog

【行家论股】高产柅品工业 8仙股息捎惊喜

2024-11-18

KOSSAN

Blog

MQ Market Updates - 18 November 2024

2024-11-18

KOSSAN

Blog

Trading Stocks - Kossan Rubber Industries

2024-11-18

KOSSAN

Blog

Daily Market Report - 18 Nov 2024

2024-11-18

KOSSAN

Blog

Mplus Market Pulse - 18 Nov 2024

2024-11-18

KOSSAN

Insider

Notice of new substantial holder - ABRDN HOLDINGS LIMITED on 14-Nov-2024.

2024-11-18

KOSSAN

Insider

Notice of new substantial holder - ABRDN PLC on 14-Nov-2024.

2024-11-18

KOSSAN

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 2,000,000 shares on 13-Nov-2024.

2024-11-18

KOSSAN

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 1,164,400 shares on 13-Nov-2024.

2024-11-18

KOSSAN

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 835,000 shares on 13-Nov-2024.

2024-11-18

KOSSAN

Price Target

Kossan Rubber Industries Berhad - Costs Spiked in 3Q24
Source : TA, Price Call : BUY, Price Target : 2.68
Last Price : 2.42, Upside/Downside : +0.26(10.74%)

2024-11-18

KOSSAN

Price Target

Kossan Rubber - Future Still Bright Despite Temporary Setbacks; BUY
Source : RHB-OSK, Price Call : BUY, Price Target : 2.60
Last Price : 2.42, Upside/Downside : +0.18(7.44%)

2024-11-18

KOSSAN

Price Target

Kossan Rubber Industries Berhad - Improving Sales Volume
Source : PUBLIC BANK, Price Call : BUY, Price Target : 2.65
Last Price : 2.42, Upside/Downside : +0.23(9.50%)

2024-11-18

KOSSAN

Price Target

Kossan Rubber (KRI MK) - Results Dragged by Forex; Declared Special Dividend
Source : PHILLIP CAPITAL, Price Call : BUY, Price Target : 2.60
Last Price : 2.42, Upside/Downside : +0.18(7.44%)

2024-11-18

KOSSAN

Price Target

Kossan Rubber Industries Berhad - Plagued by High Raw Material Costs
Source : MIDF, Price Call : HOLD, Price Target : 2.14
Last Price : 2.42, Upside/Downside : -0.28(11.57%)

2024-11-18

KOSSAN

Price Target

Kossan Rubber Industries - 9MFY24 Beats, US to Spur Demand Traction
Source : KENANGA, Price Call : BUY, Price Target : 3.00
Last Price : 2.42, Upside/Downside : +0.58(23.97%)

2024-11-15

KOSSAN

Entitlement

KOSSAN RUBBER INDUSTRIES BHD declared Special Dividend - RM 0.0600, the Ex Date on 02-Dec-2024.

2024-11-15

KOSSAN

Entitlement

KOSSAN RUBBER INDUSTRIES BHD declared Interim Dividend - RM 0.0200, the Ex Date on 02-Dec-2024.

2024-11-15

KOSSAN

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 3,580,700 shares on 12-Nov-2024.

2024-11-15

KOSSAN

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 2,041,500 shares on 12-Nov-2024.

2024-11-15

KOSSAN

Quarter Result

Quarter Result on 30-Sep-2024[#3] QoQ - -6.08% YoY - -28.15%.

2024-11-14

KOSSAN

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 600,000 shares on 11-Nov-2024.

2024-11-12

KOSSAN

Blog

投资问诊| 业绩转盈·前景乐观高产柅品投资潜能看好

2024-11-12

KOSSAN

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 4,589,500 shares on 07-Nov-2024.

2024-11-11

KOSSAN

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 5,145,700 shares on 06-Nov-2024.

2024-11-11

KOSSAN

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 1,000,000 shares on 06-Nov-2024.

2024-11-11

KOSSAN

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 822,800 shares on 06-Nov-2024.

Discussions

Be the first to like this. Showing 0 of 0 comments

Featured Posts

MQ Trader

Introducing MY's First IPO Fund for Sophisticated Investors!

MQ Chat

New Update. Discover investment communities that resonate with your ideas

MQ Trader

M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a

Latest Videos

0:17

New IPO: A fertilizer formulating and blending company, Cropmate Berhad aims to list on the ACE Market!

MQ Trader 202 views | 1 d ago

0:17

New IPO: Supreme Consolidated Resources Berhad, a distributor and warehouser of F&B products, aims to list on the ACE Market!

MQ Trader 1020 views | 15 d ago

0:43

M & A Value Partners IPO Equity Fund

MQ Trader 10559 views | 4 mo ago

0:16

MQ Market Updates - 21 November 2024

MQ Trader 122 views | 23 h ago

0:15

MQ Market Updates - 20 November 2024

MQ Trader 188 views | 1 d ago

MQ Trading Signals

2024-11-22 16:00:00

ADX

Hourly

SELL

2024-11-22 15:30:00

EMA 5

10 Mins

SELL

2024-11-22 15:20:00

EMA 5

5 Mins

SELL

2024-11-22 15:20:00

MACD/RSI

5 Mins

SELL

2024-11-22 15:15:00

EMA 5

5 Mins

BUY

More Trading Signals

Apps

MQ Chat

Send individual or group chats with anyone on i3investor

MQ Trader

Earn MQ Points while trading with MQ Trader

MQ Affiliate

Earn side income from Affiliate Program

MQdemy

Online learning and teaching marketplace

Hot Stocks Today >

YTLPOWR

YTL POWER INTERNATIONAL BHD

1000

YTL

YTL CORPORATION BHD

927

PCHEM

PETRONAS CHEMICALS GROUP BHD

570

MYEG

MY E.G. SERVICES BHD

492

MAYBANK

MALAYAN BANKING BHD

349

DRBHCOM

DRB-HICOM BHD

348

GENTING

GENTING BHD

326

JTIASA

JAYA TIASA HOLDINGS BHD

298

TOPGLOV

TOP GLOVE CORPORATION BHD

295

SAPNRG

SAPURA ENERGY BERHAD

294

Daily Stocks

HSI-PWBB

0.11

+0.02

127,920,400

HSI-CWAN

0.155

-0.03

76,464,900

HSI-PWB4

0.18

+0.02

61,917,600

HSI-HZX

0.10

+0.02

50,670,800

YTL

1.75

-0.08

41,214,200

HSI-CWAO

0.11

-0.02

38,724,800

GTRONIC

0.545

+0.035

37,220,300

MYEG

0.905

-0.005

33,773,300

HSI-CY8

0.175

-0.055

31,849,600

CEB

0.36

-0.01

28,667,700

More active Stocks

DLADY

31.04

+1.02

110,700

HEIM

23.80

+0.46

89,100

QUALITY

1.30

+0.30

202,900

GAMUDA

9.14

+0.27

6,142,900

NSOP

4.27

+0.24

4,200

TENAGA

14.00

+0.20

9,221,700

PIE

5.92

+0.17

490,300

IJM

3.10

+0.16

6,543,300

KLUANG

5.82

+0.16

1,200

SUNCON

4.57

+0.14

4,627,400

More gainer Stocks

KLK

21.50

-0.40

336,500

NESTLE

97.50

-0.30

44,400

HSI-CY4

0.29

-0.27

22,600

ORIENT

6.61

-0.23

1,225,800

HSI-CYZ

0.525

-0.225

40,000

KESM

3.68

-0.22

240,500

BKAWAN

19.98

-0.16

28,200

UNISEM

3.03

-0.15

1,388,900

MSM

1.09

-0.13

9,312,000

HTPADU

3.44

-0.13

1,703,600

More loser Stocks

Featured Advertisers / Partners

Top Brokers >

AmEquities

Affin Hwang

Rakuten Trade

Hong Leong Bank

Books Review >

Ride The Bull Short The Bear

CS Tan

4.9 / 5.0

This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....

Read More