KOSSAN RUBBER INDUSTRIES BHD

KLSE (MYR): KOSSAN (7153)

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Last Price

2.20

Today's Change

-0.16 (6.78%)

Day's Change

2.19 - 2.35

Trading Volume

15,142,700


19 people like this.

15,951 comment(s). Last comment by Chipee 3 hours ago

blood7

254 posts

Posted by blood7 > 2020-07-29 12:25 | Report Abuse

yes.... please don't play warrants if you don't understand them, very risky....

anyway, my opinion right only c4, c5, c6 (maybe c7 too...) can take a look.... anything c8 and above the conversion ratio and premium way too high, not worth and too risky, it's just casino.....

Posted by idontknowimnotexpert > 2020-07-29 12:27 | Report Abuse

should i sell it off? prevent biggest loss?

PSSwin

19 posts

Posted by PSSwin > 2020-07-29 12:34 | Report Abuse

C14, 0.245 X 50 = 12.25 + 16.88 exercise price = 29.13
which means, kossan goes up to 29.13 considered as breakeven (0 premium)
now kossan only rm17.82


for me, any premium <10% is worth buying but must jaga all the time,

Louis7777

171 posts

Posted by Louis7777 > 2020-07-29 12:34 | Report Abuse

dun knw warrant but buy warrant, ltr ur money all burn

haha1234

1,171 posts

Posted by haha1234 > 2020-07-29 13:52 | Report Abuse

djia and nasdaq is like shit today who buy today will cry like shit

High5

1,269 posts

Posted by High5 > 2020-07-29 14:10 | Report Abuse

KUALA LUMPUR (July 29): Foodstuffs, New Zealand's largest retail grocery organisation, said Top Glove Corp Bhd's products will remain off its shelves until the glove maker satisfies its ethical standards in rubber glove production, Newsroom reported today.

Newsroom, quoting Foodstuffs head of corporate affairs and corporate social responsibility Antoinette Laird, reported that the Foodstuffs supermarket chain had pulled Top Glove's disposable rubber gloves off its shelves while investigating whether they might have been made in slave-like working conditions.

"New Zealand’s biggest supermarket chain is also checking the gloves being worn in-store by its staff after allegations of migrant labour abuse at two Malaysian Top Glove factories," Newsroom reported.

High5

1,269 posts

Posted by High5 > 2020-07-29 14:11 | Report Abuse

Top Glove got ban

Newhope

2 posts

Posted by Newhope > 2020-07-29 14:45 | Report Abuse

Top glove got ban, how about Kossan? Just bought at 18++ now very scared

Posted by Shah Faisal > 2020-07-29 15:03 | Report Abuse

Relax.. its one silly Supermarket ban the glove..not the government. People can buy from other store and online

chonloo13

59 posts

Posted by chonloo13 > 2020-07-29 15:20 | Report Abuse

hold tight, will all the way go higher until QR release

joyvest

10,190 posts

Posted by joyvest > 2020-07-29 15:22 | Report Abuse

old fxxking news .....this was created to depress the price to enable the buggers to buy cheap...

chonloo13

59 posts

Posted by chonloo13 > 2020-07-29 15:37 | Report Abuse

still standing strong, hopefully today can close 18 above. Usually drama begins around 4pm,let's see

_phoenix_

444 posts

Posted by _phoenix_ > 2020-07-29 15:58 | Report Abuse

@joyvest your kosun very impressive I must say

shine7

214 posts

Posted by shine7 > 2020-07-29 15:58 | Report Abuse

can chase up supermax soon~ mana apple? secretly sold supermax to support kossan isit? whr ur superman power?

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2020-07-29 16:02 | Report Abuse

New high TP Rm20 soom

blood7

254 posts

Posted by blood7 > 2020-07-29 16:12 | Report Abuse

wah Kossan on viagra.....very strong....

jojohobo

17 posts

Posted by jojohobo > 2020-07-29 16:21 | Report Abuse

climbing mountain!

PSSwin

19 posts

Posted by PSSwin > 2020-07-29 16:54 | Report Abuse

alamak, close @ below 18

shine7

214 posts

Posted by shine7 > 2020-07-29 17:00 | Report Abuse

tot got power to chase up derrr, sadly nope... sad for apple if he betrayed his superman den chased high, wakakaka

Ukga

44 posts

Posted by Ukga > 2020-07-29 17:26 | Report Abuse

Wow.. This week Kossan performance is impressive.

joyvest

10,190 posts

Posted by joyvest > 2020-07-29 17:40 | Report Abuse

no bad ..already hit PE100 and now settled at PE 98 temporarily...... its going to be higher.......

shine7

214 posts

Posted by shine7 > 2020-07-29 21:12 | Report Abuse

tmr can chase over superman ma? mana power, kasi push sikit~ i tot qr will be better than supermax? kasi telan telan sikit den will up le~

joyvest

10,190 posts

Posted by joyvest > 2020-07-29 22:05 | Report Abuse

superm current .PE 180 is faced with resistance

chtan33

242 posts

Posted by chtan33 > 2020-07-29 22:45 | Report Abuse

kossan Q3 results will be great.... not so much of Q2..

Posted by just_investor > 2020-07-30 00:15 | Report Abuse

Any news on bonus issue for Kossan?

Apple1234

853 posts

Posted by Apple1234 > 2020-07-30 01:25 | Report Abuse

Shine7: please be patient and waiting for August result announced, you are already adult. Share price can support or not is 100% depend of the result. Please be patients ok? We together see the result after you refute me.

shine7

214 posts

Posted by shine7 > 2020-07-30 01:37 | Report Abuse

when qr out, ppl start profit taking alrd... whr got time still chase when the price alrd so high... if wan chase confirm is b4 qr out... they wont be releasing qr on same day oso.. the first to release confirm share drop first den the others rise.. then when both qr are release, only ppl start to compare... so hard to say if only 1 side qr out nia... so if wan kossan to overtake supermax, now is the golden period.. if can den can lo, if cannot then wait both qr out only fight agn lo~ bobian oso... but i still stand still kossan is better la

beinvested

2,445 posts

Posted by beinvested > 2020-07-30 01:44 | Report Abuse

At Bursa website, just located this QR 30032020, got to admit that its Balance Sheet is better than Supermax...no wonder it is going to over take Supermax soon...

lexxi012

68 posts

Posted by lexxi012 > 2020-07-30 10:33 | Report Abuse

NZ is a very small market, about 5million population. The population in Klang Valley is way bigger than NZ, not much impact to TG.

Posted by MrJadinvesting > 2020-07-30 11:22 | Report Abuse

Plan to get C7. worth to get it now?

Apple1234

853 posts

Posted by Apple1234 > 2020-07-30 11:26 | Report Abuse

Shine7: i suggest you go take a course study better, invest is no like a bet, if you want bet better go genting more faster. Please go study the company fundamental and research back what Director told you at AGM. Invest is no like your childish thinking, if you maintain this kind of thinking one days you will loss all back to the market. After result announced, market will see clear every company inside keep what card. 1) Topglove: is the world biggest glove production company, during covid-19 is most benefit business model company. 2) Supermax: have own obm, is best business model to maximize our profit, agent side profit also earn. The selling price is (king)****. 3) Harta: Got NGC factory, higher technology, profit margin is higher, and AmG glove already get FDA approval, estimate next month Harta will make announcement.******. But Kossan? KOSSAN have any strong points or strong story? Kossan share price up purely is because of the glove trend, if result announced dont have market expectations bombastic result support how? The share price 100% will have correction, share price need 100% got result support. Shine 7: like that explain you understand? Please correct your invest thinking. ****(Share price 100%= Result) When you want invest a company, please think about the future result will bombastic or not? Why director keep sell thier share? What Agm Director told you? You need do a research carefully before you invest, invest is not like a bet.

Apple1234

853 posts

Posted by Apple1234 > 2020-07-30 11:30 | Report Abuse

Shine7: I suggest you go ask market big famous knowledge investors like KYY, OTB and many, you can try ask and see what answer they told you? Kossan have any strong point fight with Supermax, Topglove and Harta? You and me also have limited money. Supermax briefing report already told you ***(Supermax Share Price is King). Halo, wake up, next month result already want announced, halo....)

Apple1234

853 posts

Posted by Apple1234 > 2020-07-30 11:36 | Report Abuse

Shine7: suggest you listen back the early video that Bloomberg interview Kossan.

https://www.bloomberg.com/news/videos/2020-05-14/kossan-rubber-ceo-pandemic-to-boost-glove-demand-by-30-50-video

joyvest

10,190 posts

Posted by joyvest > 2020-07-30 14:19 | Report Abuse

Apple, are you drunk with cider ? Kosun owner does not keep selling their share. owner does not want to go for OBM hence remain to be competitive. he said in the interview that Kosun does not simply put up the shares as they are responsible to their customers for fair dealing. hence ,they can still make money based on volumes.

No matter how explosive the growth for respective glove counters , same factoring more or less will be applied by the market. eg all are valued based on the max PE 160-180 for growth in excess of 300% or more ...

chonloo13

59 posts

Posted by chonloo13 > 2020-07-30 14:22 | Report Abuse

This apple keep barking since Kossan Rm12 and now Rm18.
we all earning while you typing

misk_72

152 posts

Posted by misk_72 > 2020-07-30 15:00 | Report Abuse

anyone there what is happening to kossan price drop drastically..is it because profit taking...is it ok to hold

Cyrogx6

183 posts

Posted by Cyrogx6 > 2020-07-30 15:12 | Report Abuse

who's throwing ticket ? faster throw... rm16.90 i will hoot kao kao
just throw faster

Cyrogx6

183 posts

Posted by Cyrogx6 > 2020-07-30 15:14 | Report Abuse

misk_72 anyone there what is happening to kossan price drop drastically..is it because profit taking...is it ok to hold

Normal to drop today, since tomorrow holiday, plus healthy correction. before another rally

Posted by yongleecheng > 2020-07-30 15:27 | Report Abuse

dont worry.
go through the price of this company.
Mercator Medical SA

misk_72

152 posts

Posted by misk_72 > 2020-07-30 15:37 | Report Abuse

newbie.. when see all red then heart pumping very fast already even to the extent call kossan IR find out what is happening & they reply nothing everything go on smoothly..so worried

misk_72

152 posts

Posted by misk_72 > 2020-07-30 15:39 | Report Abuse

now best buy position & monday sell TP

misk_72

152 posts

Posted by misk_72 > 2020-07-30 15:43 | Report Abuse

Cyrogx6 - healthy correction means what or what is the impact to the stock price

lalalam

146 posts

Posted by lalalam > 2020-07-30 15:49 | Report Abuse

people selling to profit taking for raya

misk_72

152 posts

Posted by misk_72 > 2020-07-30 16:00 | Report Abuse

is this mean that once TP clear then price will be back to 18++ or less than that or is it safe to hold until monday or exit today

Apple1234

853 posts

Posted by Apple1234 > 2020-07-30 16:07 | Report Abuse

Joyvest: i think your brain already block edi, keep comment nonsense without any logic. Nvm, let see the result announced. Be patient.

julian1981

900 posts

Posted by julian1981 > 2020-07-30 16:10 | Report Abuse

hahaah...misk_72, you may exit as you wish.

Apple1234

853 posts

Posted by Apple1234 > 2020-07-30 16:12 | Report Abuse

Misk_72: if kossan announced result cant meet market expectations, the share price will have big correction. Result can stable or not is 100% depend of the result.

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