Kossan

Kossan | Joined since 2020-08-23

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2020-08-23 21:12 | Report Abuse

Based on the earlier parameters, my final price estimates for these glove counters are Kossan- rm32, harta-rm 24, TG-38 and Supermax- 26. Grab some before it’s too late

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2020-08-23 19:08 | Report Abuse

Based on my estimate, Kossan has more bullish potential than Supermax because it produces 28Bil (uprev to 32Bil) vs Supermax 24 Bil (uprev 31 Bil). In addition, its EPS for the past 6 quarters beats TG, Supermax and Hartalega by 10-20%. My system also shows Kossan has higher EPS yield too.

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2020-08-23 15:20 | Report Abuse

Supersinginvestor I also got similar target price as you RM32..how I got that is based on conservative calculation where profit of 5 cents for every piece of glove sold, with adjusted PE of 25 conservatively.