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

misk_72

152 posts

Posted by misk_72 > 2020-07-30 16:15 | Report Abuse

yes exit anytime possible but need to control loss & what result to announce & when suppose to announce

niubility666

1,108 posts

Posted by niubility666 > 2020-07-30 16:16 | Report Abuse

Cyrogx6 last chance to hoot under RM18 ticket lu

julian1981

900 posts

Posted by julian1981 > 2020-07-30 16:23 | Report Abuse

last opportunity..take it before fly.

Apple1234

853 posts

Posted by Apple1234 > 2020-07-30 16:23 | Report Abuse

Joyvest: just answer, kossan result will better than Top 3 or not? Since you cant refute me with strong logic comment. Than you directly told me Kossan growth will biggest than Supermax, Topglove and Harta or not? You feel Kossan result can meet market expectations or not? Answer me the question can already, because you totally cant refute me with strong logic comment. What i say is logic and true, you only know keep talking about PE, i really lazy explain to you again. You brain already block and please go study deep the company.

misk_72

152 posts

Posted by misk_72 > 2020-07-30 16:28 | Report Abuse

fin report 2qtr release 25 aug .. anyone is it worthy to hold or exit at best price

Cyrogx6

183 posts

Posted by Cyrogx6 > 2020-07-30 16:31 | Report Abuse

niubility666 Cyrogx6 last chance to hoot under RM18 ticket lu

already hood lo haha

shine7

214 posts

Posted by shine7 > 2020-07-30 16:39 | Report Abuse

i juz top up abit, cheap tickets, hahahahaa, wait harta qr out, we tututu~ chase over superman~

shine7

214 posts

Posted by shine7 > 2020-07-30 16:44 | Report Abuse

Boi, their qr aint out, u also juz doing "prediction calculation" only.. dun say like u alrd know the actual pe, the actual market value... bullshit la... i buy kossan cuz i feel like kossan did better than superman this quarter, u buy superman cuz u think superman can fly to moon, both are juz assumptions, dun come here bullshit tell me go genting...

misk_72

152 posts

Posted by misk_72 > 2020-07-30 16:45 | Report Abuse

by monday price will be ok or not....any idea

Cyrogx6

183 posts

Posted by Cyrogx6 > 2020-07-30 16:49 | Report Abuse

misk_72 by monday price will be ok or not....any idea

no one knows, just relax
if anyone here know i will straight pay him/her 20k every month to be student

shine7

214 posts

Posted by shine7 > 2020-07-30 16:50 | Report Abuse

a gud qr report from harta will take the lead, just chill~ below 18 is alrd a good entry point, for me

joyvest

10,190 posts

Posted by joyvest > 2020-07-30 17:08 | Report Abuse

apple, all are expected to achieve growth of more than 300%. As said, the same factoring will be applied to all counters by the market. we follow what the market thinks not the market follows what you and me think .......... it is market oriented ....... understand ? no more further doubts otherwise I will squeeze you into apple juice......

misk_72

152 posts

Posted by misk_72 > 2020-07-30 17:11 | Report Abuse

shine7-- a gud qr report from harta will take the lead, just chill~ below 18 is alrd a good entry point, is this mean that price will go up monday 18++....hope so because buying force strong

joyvest

10,190 posts

Posted by joyvest > 2020-07-30 17:16 | Report Abuse

no cause of concern, As said earlier on, it is moving in the ranges of PE 94-100( resistant level ). once breached, you and me will be over the moon........

misk_72

152 posts

Posted by misk_72 > 2020-07-30 17:19 | Report Abuse

joyvest apple, all are expected to achieve growth of more than 300% - meaning price uptrend & by monday it will be 18++

amateurJR

2,366 posts

Posted by amateurJR > 2020-07-30 17:38 | Report Abuse

@ joyvest haha good comment lets drink apple juice. Sorry ya last time scolded u, but found that u are quiet a nice and funny guy. Wish u earning money with Kossan!

Posted by just_investor > 2020-07-30 18:19 | Report Abuse

@joyvest any reason why Maybank KE analysis shows Kossan P/E for CY20E at 22.3 vs 36.0 for Supermax?

shine7

214 posts

Posted by shine7 > 2020-07-30 20:47 | Report Abuse

harta proposed share buyback.. same like topglove supermax proposed bonus issue, we wait kossan~ you see the trend when ppl proposed something, the shareprice become less volatile alrd.. holding harta de kawan nid be careful, nowadays when news keep come out, ppl call u chase, high chances for those big holders take profit... juz an advise~ if harta drop on monday or when qr out, tuesday , u see whr the money flow into, either the rest big 3 or the small 3 le.. i dun study watever report, limbeh follow feeling, follow trend~ idk how those ppl calculate, everyone calculation is diff.. make me mongchacha oso.. so follow the trend is the best way, smell profit taking den run, see red sea den join~ my playstyle~

_phoenix_

444 posts

Posted by _phoenix_ > 2020-07-30 21:01 | Report Abuse

@shine7 don't talk rubbish

_phoenix_

444 posts

Posted by _phoenix_ > 2020-07-30 21:01 | Report Abuse

well there are many reasons pros and cons for share buy back when the company deemed it necessary

_phoenix_

444 posts

Posted by _phoenix_ > 2020-07-30 21:03 | Report Abuse

and share buy back can be beneficial to shareholders

shine7

214 posts

Posted by shine7 > 2020-07-30 21:30 | Report Abuse

@pheonix wow, you shio smart~ idk lehhh~ my home no wifi, no google, dk wat is share buyback, lei hou leh ahhh~ why u so lihai~ proud of u lehh~

shine7

214 posts

Posted by shine7 > 2020-07-30 21:32 | Report Abuse

like i say, propose something is easy, implement something is hard, u nid confirmation from many parties, so will be less volatile for those share... easy english u cant understand, still say rubbish... no one asked wat is sharebuyback oso.. smh...

_phoenix_

444 posts

Posted by _phoenix_ > 2020-07-30 21:35 | Report Abuse

@shine7 direct from Google for your benefit
How share buy back works?
In a buyback, a company buys its own shares directly from the market or offers its shareholders the option of tendering their shares directly to the company at a fixed price. A share buyback reduces the number of outstanding shares, which increases both the demand for the shares and the price.

_phoenix_

444 posts

Posted by _phoenix_ > 2020-07-30 21:37 | Report Abuse

Board authority to buy back shares has expiry date so usually it need to be tabled at AGM for renewal of authority to buy back shares nothing unusual or sinister about it most listed companies have this

_phoenix_

444 posts

Posted by _phoenix_ > 2020-07-30 21:39 | Report Abuse

and what does Harta's share buy back has to do with Kosun ? because you are invested in Kosun ? smh good luck to you you need it

shine7

214 posts

Posted by shine7 > 2020-07-30 21:40 | Report Abuse

ya, those companies annouce proposal, so ppl expecting price to go up, but big holders will take this chance to take profit, since many ppl chasing, so i advise not to chase high and be careful... which part is rubbish.. lol... harta really wan execute first only say, if really news to execute comes out, i go chase high oso~ chill~ im here to advise, not to block ur road...

shine7

214 posts

Posted by shine7 > 2020-07-30 21:45 | Report Abuse

i dun get the point u saying... lol.. people taking profit, den of cuz reinvest la, kossan now is the lowest is big 4.. stand on the big holders pov... whr u will go? either take profit then reenter market when low or join other stocks which still undervalued la.. dun get the point u wan to argue, for fk sake..

Posted by Lukey_Greek > 2020-07-31 08:03 | Report Abuse

Maybank top pick is Kossan while CIMB top pick is TopGlov. I will wait for the price of Kossan catching up with Supermx in the coming weeks, while someone keeps giving same stale news. How could you make same investment decision based on info available 2 months ago?

Bonus issue is definitely on the card for Kossan by this year, most likely in Aug together with Q2 result, in order to list the bonus shares and boost the market cap by this year end. It’s crucial to beat supermx market cap to guarantee to be placed as a FBM KLCI component stock by this year.

Ratman

520 posts

Posted by Ratman > 2020-07-31 09:36 | Report Abuse

Is it wise to keep c14 bought 0.285?

Apple1234

853 posts

Posted by Apple1234 > 2020-07-31 12:50 | Report Abuse

Gabriel Khoo: Diring covid-19, we must invest at most benefit company, no think about after covid-19 which company is better? As a smart investor we must be smart and maximize our profit, understand? Glove is cycling company, after covid-19 finish you still want fall in love with glove company? Before invest you need choose the trend first. Now the theme is covid-19, you understand Mr Gabriel ? Law is always died, but our can turn left and turn right, turn up and turn down. I suggest you better go take a course before invest if you want become financial freedom. I can free you three tips: ***1) Invest in company faudamental not share price. ****2) Share price need result to support.

Apple1234

853 posts

Posted by Apple1234 > 2020-07-31 12:52 | Report Abuse

Will China easily lock down a country? If lock down means the virus is very seriously right? During covid-19 we should invest most benefits glove company and good business model company like Topglove and Supermax right? This all you need to think and think, continue think before invest, our money is very hard to earn you know?

Apple1234

853 posts

Posted by Apple1234 > 2020-07-31 12:56 | Report Abuse

Some real examples here not allow me to comment and my comment automatic take out by i3. Remember, be a smart investor.

misk_72

152 posts

Posted by misk_72 > 2020-07-31 13:10 | Report Abuse

Maybank top pick is Kossan - TP @ 19.5 & hope monday morning opening price 18++

DanielT

46 posts

Posted by DanielT > 2020-07-31 14:24 | Report Abuse

Apple 1234, ask epf stop buying or trading kossan too since they still holding 7.3 % of shares in kossan. If u can convince epf to sell off all, let me know hahah.

DanielT

46 posts

Posted by DanielT > 2020-07-31 14:25 | Report Abuse

Who u are, Warren Buffett? Even Warren Buffett don’t do like what u did la please. Who are u here keep talking people not smart enough to maximize profit? People who really make money just keep quiet and laugh at you.

DanielT

46 posts

Posted by DanielT > 2020-07-31 14:27 | Report Abuse

If you don’t like kossan, then just go to trade the ur preferred counter la, always come here wasting time talk the same thing Haiyo.

Posted by TrillionaireMY > 2020-07-31 14:36 | Report Abuse

guys,sell or hold?

genghis

451 posts

Posted by genghis > 2020-07-31 15:15 | Report Abuse

ib still see good potential in kossan.even epf is still buying every week.why this nyamuk apple keep buzzing here.smart investor bla,bla,bla..

Apple1234

853 posts

Posted by Apple1234 > 2020-07-31 16:46 | Report Abuse

DanielT: before comment please use your brain to think it first, dont ask the kindergarten question, remember you is adult, please comment adult questions. If your brain already block, please go study first before you invest. Be patient, August reach soon, open your eyes big big and see each company result, who will announced bombastic results. Refute people must have logic strong point, understand?

kl2318

42 posts

Posted by kl2318 > 2020-07-31 17:26 | Report Abuse

In the short term, it does not matter which glove company you buy.

lawrgan

715 posts

Posted by lawrgan > 2020-07-31 17:59 | Report Abuse

Maybank TP seem to be achievable when Hartalega breaks new high again next week.

chtan33

242 posts

Posted by chtan33 > 2020-07-31 19:08 | Report Abuse

QR results may not match the price increase lately....

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2020-08-01 09:01 | Report Abuse

Na na na. Kena tiu already Daniel. Just listen to apple don’t give any opposite comments lah wei. Buy Topglove and supermax lah. Your future is on his hand. Satu hari satu apple kick naysayers away. Hip hip hurray

Sami_Value

430 posts

Posted by Sami_Value > 2020-08-01 11:09 | Report Abuse

the 2nd wave infection is more severe than 1st wave, the glove theme gonna last longer than expected

Posted by Lukey_Greek > 2020-08-01 12:48 | Report Abuse

According to Hartalega CEO Kuan Mun Leong, there will be structural step-up increase in demand of 30%-40% post-pandemic period. Demand in the next few years will still be very very strong.

https://www.youtube.com/watch?v=vDhgdI4aPXI

Posted by yongleecheng > 2020-08-01 16:25 | Report Abuse

Meanwhile, the likes of Top Glove and Supermax have announced a bonus issue, improving liquidity of its shares.

Kossan and Hartalega could possibly pursue a similar corporate exercise given the circumstances.

https://www.nextinsight.net/story-archive-mainmenu-60/943-2020/13674-believe-it-or-not-rubber-glove-producers-stock-prices-yet-to-fully-price-in-outlook

Posted by yongleecheng > 2020-08-01 16:27 | Report Abuse

kossan mostly bonus issue 1:1 or 2:1.
maybe

Gaussian

3,001 posts

Posted by Gaussian > 2020-08-01 18:08 | Report Abuse

No fear for vaccine

lawrgan

715 posts

Posted by lawrgan > 2020-08-01 18:46 | Report Abuse

Inclusion into KLCI component index and will be another super catalyst for Kossan to break Rm 20.00 mark soon prior to the announcement of its Q2 result.

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