Yeah .. kinda late.

If it hits 1.10. I'm going accumulating more.

Nat gas just hit below $2. Energy cost for gloves has GONE DOWN!!!!
Hopefully a profitable year for Kossan.

Wait for earnings this week. Hopefully back to profit comparable to 2019. Nat gas and freight down since Jan 2023.

Kossan is seriouly hated by local institution bcoz they sell during covid price spike. To win them over, Kossan better start giving good dividend and NO share buyback.

There was a share split 2:1. So maybe 2.50? But Kossan is holding 49% shares. Hopefully they are dealing outside market to get another big player like Aberdeen to buy and hold big portion.

Operator will dispose at Rm2

End of April will hv earnings report on Kossan. I expect back to profit with lower nat gas prices and freight cost

DestinyL... Thank you.

DestinyL ... where do you check this short seller info?

Bcoz they want to suppress price so they can buy. I don't trust analysts. Their agendas makes them competitor to retail investors like us.

If recession comes, healthcare will go up. Kossan will go up.
Anyway, I see natural gas and freight index being down for the past 3 months. ... Q123 hopefully will see profit for Kossan.

Xi visiting Putin.... Nice. Hopefully western side ban all China import. Kossan gonna go to the moon..

Sharefisher: Yeah hopefully they get short squeeze

Breaking news: Endgame is the guy who hope Kossan drop below Rm1 to buy ... Now he is regretting it. LoL

You guys notice .. Kossan always the black sheep in the glove industry? Although has lots cash and managed well .... price is always suppressed. Even TG make a loss is up 9.58%

All the banks problem shows recession is coming. Expect a long recession. So healthcare stocks usually go up. To secure earnings in bad times. Staples is also up like food products like poultry etc

If EPF sell, it will show in Bursa announcement. Not showing in announcement so Tan Sri and ABRDN buying from market.

THE STAR
PETALING JAYA: Leong Hup International Bhd’s wholly-owned subsidiary, Leong Hup Feedmill Malaysia Sdn Bhd (LFM), could be fined RM157.47mil if it is found guilty of infringing Section 36 of the Competition Act 2010.

That would wipe out 72% of 2022 net profit !!!!

Relax la @good123 ... Ex-date for dividend coming. Maybe the reason.
Real test is if price maintain and up after ex-date?

Btw I am also in LHI ....

Indirect/deemed interest (%) 5.074
This holding is more than KWSP holding of 4.6%

Just make a quick calculation.
From 2006 - 2019, Total net profit after tax = Rm1.82 billion. Of course some money is spent on capex, expansion and dividends. And price just gone up from Rm0.15 to Rm2.15 from 2006 to 2019.

And here we are TODAY with Rm2 billion in cash, the share price is ranging around Rm1.
We have THIRTEEN (13) YEARS of FREE CASH IN HAND!!!! Think about it.

Just make a quick calculation.
From 2006 - 2019, Total net profit after tax = Rm1.82 billion. Of course some money is spent on capex, expansion and dividends. And price just gone up from Rm0.15 to Rm2.15 from 2006 to 2019.

And here we are TODAY with Rm2 billion in cash, the share price is ranging around Rm1.
We have THIRTEEN (13) YEARS of FREE CASH IN HAND!!!! Think about it.

Good123 U ok ka kawan?

Just make a quick calculation.
From 2006 - 2019, Total net profit after tax = Rm1.82 billion. Of course some money is spent on capex, expansion and dividends. And price just gone up from Rm0.15 to Rm2.15 from 2006 to 2019.

And here we are TODAY with Rm2 billion in cash, the share price is ranging around Rm1.
We have THIRTEEN (13) YEARS of FREE CASH IN HAND!!!! Think about it.

Expect share price to drop after ex-date for dividend entitlement.
Expect share to rise on good earnings report for Q123 (hopefully) due to lower natural gas price and increase order on lower ship freight rate.

Kossan tiap2 tahun renew share buyback policy .
Nak share naik. Bg dividend cantik tiap2 tahun mcm Hartalega la baru price naik.

Can't declare dividend. Still got pending decision by MyCC on fine. Hopefully case close with no fine. Declare good dividend and share price up to RM1.

TP given by institutions that have their own agenda. I never believe their TP.

@DestinyL ... Exactly! Hahaha ... I don't know how people think ..

Lowest was 0.95, and that was bcoz EPF was dumping.
Unless another big holder dump, price is hard to fall below RM1.

Topglove fixed cost to high being too big for it own good.
Supermax investing in US is bad move.

Yup, below Rm1, Kossan is a buy for me.

Natural gas price dropping. Hopefully, Q1 2023, will see profit. Still holding.