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

lawrgan

715 posts

Posted by lawrgan > 2020-08-01 18:47 | Report Abuse

Harta and Kossan will be the main driver for the Big 4.

misk_72

152 posts

Posted by misk_72 > 2020-08-01 22:40 | Report Abuse

KLCI to trade at 1,550-16,17 level next week, gloves stocks to watch out for...source thestar......PRICE UPTREND & NO BARRIER..

misk_72

152 posts

Posted by misk_72 > 2020-08-02 10:08 | Report Abuse

For the three months ended 31 March 2020, Kossan Rubber Industries Berhad revenues increased 9% to RM611.5M. Net income increased 10% to RM64.8M. Revenues reflect Gloves division segment increase of 10% to RM548.2M, Clean-room division segment increase of 43% to RM24.5M. Net income benefited from Finance cost decrease of 19% to RM3.7M (expense), Interest Income increase from RM313K to RM1M (income). BEST POSITION BUY & TP 18.5

stockraider

31,556 posts

Posted by stockraider > 2020-08-02 11:57 | Report Abuse

Russian is veli good in making vaccine u know or not leh ?

Posted by Godofgambler > Aug 2, 2020 11:23 AM | Report Abuse

HOMEPAGE
Russia is aiming for an approved COVID-19 vaccine in the next fortnight to portray itself as a global science leader, but there are major concerns over a lack of data and testing
James Pasley
Aug 1, 2020, 12:41 AM

Russian President Vladimir Putin applauds during the State Awards Ceremony at the Grand Kremlin Palace in Moscow, Russia, June,12,2019
Russian President Vladimir Putin applauds during the State Awards Ceremony at the Grand Kremlin Palace in Moscow, Russia. Photo by Mikhail Svetlov/Getty Images
Russia is aiming to have a COVID-19 vaccine approved for public use by August 10, which would make it the first approved vaccine in the world, Russian officials told CNN.
Kirill Dmitriev, the head of Russia's sovereign wealth fund, compared the vaccine's quick development to Russia launching the first successful satellite in 1957, beating the US to it.
"It's a Sputnik moment," he said. "Americans were surprised when they heard Sputnik's beeping. It's the same with this vaccine. Russia will have got there first."

chtan33

242 posts

Posted by chtan33 > 2020-08-02 14:38 | Report Abuse

looks like EPF trading play this stk

lawrgan

715 posts

Posted by lawrgan > 2020-08-02 21:08 | Report Abuse

Kossan sure fly next week.

Posted by rohirrim88 > 2020-08-02 21:54 | Report Abuse

all gloves will fly one. qtr results announcement week

gloveharicut

1,067 posts

Posted by gloveharicut > 2020-08-03 09:01 | Report Abuse

GLOVE shareholder shall watch this interview - "Where We Stand on Treating the Coronavirus?"
https://klse.i3investor.com/blogs/gloveharicut/2020-08-03-story-h1511497900-Moderna_Pfizer_Coronavirus_Vaccines_Begin_Final_Stage_Testing.jsp

chtan33

242 posts

Posted by chtan33 > 2020-08-03 13:33 | Report Abuse

gloveharicut.... thanks for sharing many useful info. my english listening no good.... what the key point of interview? TQ

Posted by Fabien "The Efficient Capital Allocater" > 2020-08-03 15:03 | Report Abuse

2 key catalysts that will propel the next upleg

1) Possible inclusion into FBMKLCI index component
2) Potential announcement of bonus issue

Watch this space

niubility666

1,108 posts

Posted by niubility666 > 2020-08-03 15:17 | Report Abuse

Kossan and supermx have already in top 30 but the list of klci index will renewed in Dec 2020 LoL

Dr.Wong

579 posts

Posted by Dr.Wong > 2020-08-03 16:52 | Report Abuse

Beware, tomorrow likely limit down

Posted by miracledan > 2020-08-03 17:23 | Report Abuse

Big 4’ limit up

Jiasaihooi

336 posts

Posted by Jiasaihooi > 2020-08-03 17:31 | Report Abuse

Kossan Horse power come tomorrow!

skytan01

17 posts

Posted by skytan01 > 2020-08-03 21:58 | Report Abuse

Compare wif others glove counter , kossan look like much more quiet then them -.-

Posted by investmentking > 2020-08-04 00:36 | Report Abuse

Cheapest among big 4. Lets go Kossan

khcheah84

250 posts

Posted by khcheah84 > 2020-08-04 08:12 | Report Abuse

Knowing you all also discussed 2line golve counters. I found this related to HLT good to read. Hope you benefit on it. https://klse.i3investor.com/m/blog/spartan/2020-08-04-story-h1511473033-THIS_STOCK_S_MY_GEM_TO_SKY_KABOOMMM.jsp

azfar8

955 posts

Posted by azfar8 > 2020-08-04 11:15 | Report Abuse

beware of the latest call warrants of gloves sector, most of it at 100 % premium of their strike price

kingx77

66 posts

Posted by kingx77 > 2020-08-04 11:55 | Report Abuse

c14 any one buy?

greedy44444

2,494 posts

Posted by greedy44444 > 2020-08-04 12:11 | Report Abuse

Good time to buy cheap.... sailang !!!

Apple1234

853 posts

Posted by Apple1234 > 2020-08-04 12:56 | Report Abuse

OngKawKaw, shine7: please go see harta result and think about Kossan result, please use your brain and think it?

Apple1234

853 posts

Posted by Apple1234 > 2020-08-04 12:58 | Report Abuse

Guys remember, share price can go how far must have result support, dont everyday dream Kossan can go until RM100, accept what the director told you, accept the facts.

Apple1234

853 posts

Posted by Apple1234 > 2020-08-04 12:59 | Report Abuse

DanielT: use your eyes can look Kossan result soon, only Topglove and Supermax business model can maximize your profits.

010855

274 posts

Posted by 010855 > 2020-08-04 13:06 | Report Abuse

C14 = Die

010855

274 posts

Posted by 010855 > 2020-08-04 13:07 | Report Abuse

Kossan counter c14 can't up only...
Every counter C no problem...

Posted by Pudu's Ah Fah ( Vegetable Seller) > 2020-08-04 13:07 | Report Abuse

I trust Apple . Harta earning soso

lexxi012

68 posts

Posted by lexxi012 > 2020-08-04 13:08 | Report Abuse

@Apple How you justify the price surge of Rubberex, Careplus and HLT? Grow up please, if you don't like Kossan then leave. No need to spread negativity here. Also go British Council to brush up you english.

kingx77

66 posts

Posted by kingx77 > 2020-08-04 13:18 | Report Abuse

harta no meet expectation kosssa GG also?

Mr_Kiah

70 posts

Posted by Mr_Kiah > 2020-08-04 13:19 | Report Abuse

This seisohai apple1234 agm already say only 5% you think market buy for next quarter results...market is forward looking see maybank report then you know how much kossan glove price increase

Mr_Kiah

70 posts

Posted by Mr_Kiah > 2020-08-04 13:21 | Report Abuse

I suggest you go f*ck off to harta that counter you also promote right seisohai do you know how to maximise your profits this ex-kossan employee everyday come here badmouth stupid idiot

DanielT

46 posts

Posted by DanielT > 2020-08-04 13:27 | Report Abuse

Wow wow, Apple come out diu ppl liao, don’t play play

chtan33

242 posts

Posted by chtan33 > 2020-08-04 13:29 | Report Abuse

kossan n harta abang adik.... heavy in OEM.... that's why tauke think 12.50-14.50 was fair to take profit...

Apple1234

853 posts

Posted by Apple1234 > 2020-08-04 13:33 | Report Abuse

Mr_Kiah: use your brain before invest, become smart investor. Market have eyes to see, you keep scolding me and don't want accept the fact you cant earn anything, you only will become poor ppl forever. Only can tell you brain is very important. Rule is died, but brain we can turn anytime. You keep scolding me, i keep more rich, you earn anything? Open your eyes big big to see Kossan coming result ok?

Posted by kariwong9394 > 2020-08-04 13:38 | Report Abuse

huhuhu

semua tipu besar...

semua tipu besar...

semua tipu besar...

Posted by Insiderinfo > 2020-08-04 13:39 | Report Abuse

Kossan tied with smaller manufacturer to deliver more

Apple1234

853 posts

Posted by Apple1234 > 2020-08-04 13:39 | Report Abuse

Business mode is very important, invest a company not bet a company. Always remember, share price 100% = result. This is very important, dont dream if dont have result support.

Posted by Lukey_Greek > 2020-08-04 13:46 | Report Abuse

No one is promoting Harta here except you in your earlier posts. Mr_Kiah the first one highlighted Harta result is not good (I know also). Dont act like you know stock investment skills.

The most you know maybe the quarter profit through your previous network.

Apple1234

853 posts

Posted by Apple1234 > 2020-08-04 13:51 | Report Abuse

Share market actually is very easy to invest. Good result, share price must up, bad result, share price must drop. During covid-19 you should choose which company business model is most benefit? Before i already say, 1) Topglove: because Topglove business model is become world biggest glove production company, during covid-19 is most benefits. 2) Supermax: The business model is OBM, direct sell to customers, agent side Supermax also earn. The selling price is King, briefly report actually want tell you Supermax Share Price is Gold. Since you all already know this two company business model is most benefits during covid-19, and you and me only have limited money, than why dont just invest in this two company to maximize your profit? Good result share price must up, bad result share prices must drop. Since you already know Topglove and Supermax result will very bombastic, than what you are scare? If later all the glove drop because of Harta result, than you guys should do what? Buy big Topglove and Supermax?

Apple1234

853 posts

Posted by Apple1234 > 2020-08-04 13:53 | Report Abuse

Lukey: i no professional, just clever than you maybe. You are right, i am wrong, than you maintain invest big at Kossan ok? You win and i am lose, like that you happy?

Apple1234

853 posts

Posted by Apple1234 > 2020-08-04 13:57 | Report Abuse

Lukey: Please refute me with logic and knowledge comment, after Kossan announced result you just use logic and knowledge comment to refute me. Dont forever become poor people, go take a course to improve yourself if you want become financial freedom.

Apple1234

853 posts

Posted by Apple1234 > 2020-08-04 14:05 | Report Abuse

Remember, only Topglove and Supermax business model is most benefit during covid-19, only this two company have market expectations result support it. When glove company drop, dont scare to collect more Topglove and Supermax. You will win big if you are holding tight tight this two company.

Posted by Lukey_Greek > 2020-08-04 14:14 | Report Abuse

Let the share price speak itself. Just look at the share price by this month end & year end.

The sell off is temporary, tickets are not many. Pandemic is here to stay for at least another 2 years. Demand for glove after pandemic will increase 30-40%. But glove price can’t increase another 2 or 3 folds for OBM. Manufacturing price for OEM is catching up soon & fast.

The choice is yours if you still wanna chase high on Supermx.

Apple1234

853 posts

Posted by Apple1234 > 2020-08-04 14:25 | Report Abuse

Let we see the result, suggest you study deep the fundamental of company. You scare is because you dont know the company, so you scare. Time will prove who wrong who correct. I hold tight Supermax from 1.37 until now, Topglove 4.700 until now. Later if Topglove and Supermax big drop i will Top up big.

Posted by wenlijianqinyun79 > 2020-08-04 14:25 | Report Abuse

Harta QR for Q1 FY2020 PAT rm219 mil.
4各 Q without counting it's Expansion in Production Line for Glove, 和维持ASP 固定价位(没去计算上涨的话) we able to get Full PAT FY2020 at RM876 mil.
wow wow wow!!!
你们去比较一下Harta的FY2019看看,它的总净利只有是RM434,782,000.
几乎double up in Profit After Tax.
Harta 在FY2020 里,净利极有可能达RM1.0 billion.

Posted by longtermvaluegain > 2020-08-04 14:26 | Report Abuse

HARTA on Prospects and Targets In line with growing rubber glove demand globally.
HARTA will continue with its NGC capacity expansion plans.
Plant 6 of NGC facility has commissioned 4 out of 12 lines with remaining production lines to come on progressively. Plant 6 will have an annual installed capacity of 4.7 billion pieces once completed.
Plant 7 is also in the expansion pipeline catering to small orders focusing more on specialty products and will have an annual installed capacity of 2.4 billion pieces.
With the progressive commissioning of Plant 6 and 7, HARTA’s annual installed capacity is expected to increase from current 38.1 billion to 43.7 billion pieces by FY2022.

Apple1234

853 posts

Posted by Apple1234 > 2020-08-04 14:27 | Report Abuse

Remember share price can go how far 100% is depend how good the result. I can 100% told you Supermax result will better than Harta and Kossan, let open your eyes big big and see.

Apple1234

853 posts

Posted by Apple1234 > 2020-08-04 14:27 | Report Abuse

We comment 100% depend by result only.

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