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 1 hour ago

Posted by Lukey_Greek > 2020-08-11 13:44 | Report Abuse

Lukey_Greek Apple, you think my estimation of Supermax gross profit of RM500m just plucked from the sky? What i want to tell you is that the price of supermax has fully relected the ASP as shared in the analyst briefing slide.

To get 1b net profit for next quarter, even take in add. 2.2b production from Block B of Plant no. 12, ASP still need to increase further from USD180.

If you dont believe the slides, Supermax market price has spoken itself today.

Mabel

23,516 posts

Posted by Mabel > 2020-08-11 14:56 | Report Abuse

Nice and lovely

Meow Meow Meow Meow

Posted by King_Rambo > 2020-08-11 17:05 | Report Abuse

can collect more .. yummy!

al8800

407 posts

Posted by al8800 > 2020-08-11 18:16 | Report Abuse

https://www.bloomberg.com/news/articles/2020-08-10/most-americans-won-...

Most Americans Won’t Be Able to Get a Coronavirus Vaccine Until Well Into 2021
The first doses will likely be reserved for health workers and others at high risk

By Anna Edney, Josh Wingrove, and Robert Langreth
August 11, 2020,
11/11/2019 10:23 PM

al8800

407 posts

Posted by al8800 > 2020-08-11 18:17 | Report Abuse

https://www.bloomberg.com/news/articles/2020-08-11/putin-says-russia-h...

Putin Says Russia Has Registered World’s First Covid-19 Vaccine
By Jake Rudnitsky
August 11, 2020

........The announcement represents a propaganda coup for the Kremlin amid a global race to develop vaccines against the coronavirus pandemic that has killed nearly 750,000 people, infected more than 20 million and crippled national economies. Companies including AstraZeneca Plc and Moderna Inc. are still conducting final-stage trials of their vaccines in studies that are expected to soon yield results.

..........Some pharmaceutical companies have called Russia’s rushed registration dangerous.

Gaussian

3,001 posts

Posted by Gaussian > 2020-08-11 18:41 | Report Abuse

Russia lacks of volunteers so they force mass vaccination in this so called phase 3 trials

Posted by Attaaaaaack > 2020-08-11 19:07 | Report Abuse

Soon or later gloves stock price will dip, but investors might want to consider buying PDZ stocks nw as it shows uptrend and might surge high in coming days or weeks to retest its 52weeks high @ 0.325

Posted by Lukey_Greek > 2020-08-11 21:42 | Report Abuse

UG Healthcare today announced >1000% increase in half yearly net profit from S$1.2m to S$12.6m.

Posted by VolatileIsMyGold > 2020-08-12 00:14 | Report Abuse

gloves theme still cool still in play

Posted by VolatileIsMyGold > 2020-08-12 00:15 | Report Abuse

still got plenty of legs

Posted by VolatileIsMyGold > 2020-08-12 00:15 | Report Abuse

still got plenty of wind

Posted by VolatileIsMyGold > 2020-08-12 00:15 | Report Abuse

still got plenty of flame

Posted by VolatileIsMyGold > 2020-08-12 00:16 | Report Abuse

still got plenty of life

Posted by VolatileIsMyGold > 2020-08-12 00:16 | Report Abuse

still got plenty of love

Posted by VolatileIsMyGold > 2020-08-12 00:17 | Report Abuse

still got plenty of heart

Posted by VolatileIsMyGold > 2020-08-12 00:17 | Report Abuse

still got plenty of force

Posted by VolatileIsMyGold > 2020-08-12 00:17 | Report Abuse

still got plenty of zest

Virus t

143 posts

Posted by Virus t > 2020-08-12 07:43 | Report Abuse

Why KPJ is next gem for post covid-19?
Based on Fundamental analysis our current PE guideline is approx 57.14 (Based on 1.75% of BNM base rate) thus the actual price for KPJ should be RM2.71.
Covid-19 only good for medical sector (more clearly is protective medical equipment “glove, mask, face shield and etc” and diagnosis instrument “thermo scanners, PCR tester and etc” For Malaysia top glove, harta, kossan and supermx all are the first round winners.

For the last stage of vaccination development, now is the time to look for the next gem but unfortunately our country is impossible to produce these vaccine. The only vaccine we can get is import and we hv 20+mil ppl need to be vaccinated. Early stage of vaccine must be very expensive and gov won’t sponsor. We only can get vaccinated through private hospital no matter for travel or job requirement or just stay safe. Based on 2019, KPJ recorded 2,629,878 outpatients @ net profit 226.7mil with 28 hospitals overall the state. If half of 20mil ppl go KPJ for vaccination so approx net profit can reach up to 1bil. And u need to know tat those vaccine isn’t 1 injection for lifetime (like seasonally flu vaccine) and must get it semi or annually. RM200-300 per vaccine per yrs for everyone to stay safe is new normal of post covid-19. And it is long term investment value of KPJ.

Sami_Value

430 posts

Posted by Sami_Value > 2020-08-12 08:00 | Report Abuse

this month the only glove yet to announce the report card

Friendship

1,615 posts

Posted by Friendship > 2020-08-12 08:06 | Report Abuse

Time to shift some profit from Glove counters to Titijaya as diversification

Sami_Value

430 posts

Posted by Sami_Value > 2020-08-12 08:12 | Report Abuse

titijaya spike is another bullcraps trying to trap the newbie

the ending is almost predictable Anzo

goddar

40 posts

Posted by goddar > 2020-08-12 08:13 | Report Abuse

Does anyone know when the Quarter Report is coming out?

lalalam

146 posts

Posted by lalalam > 2020-08-12 09:29 | Report Abuse

pls continue drop. I want collect more

joyvest

10,190 posts

Posted by joyvest > 2020-08-12 09:42 | Report Abuse

what the hell is going on ? Apple said we could refute him if we wanted.....

Posted by bankshitter > 2020-08-12 09:52 |

Post removed.Why?

gem9

30 posts

Posted by gem9 > 2020-08-12 10:04 | Report Abuse

is this because of the vaccine news? market sentiments are real, but I'm going to hold tight as I am in this for the long run.

Posted by Gabriel Khoo > 2020-08-12 10:05 | Report Abuse

Due to us stimulus deal

Posted by Attaaaaaack > 2020-08-12 10:07 | Report Abuse

Alerted you guys earlier.... Anyway think for yourselves...... Newbies, dont get urself trapped here

lalalam

146 posts

Posted by lalalam > 2020-08-12 10:25 | Report Abuse

today market panic selling everywhere. time to collect

joyvest

10,190 posts

Posted by joyvest > 2020-08-12 10:35 | Report Abuse

buy

Mabel

23,516 posts

Posted by Mabel > 2020-08-12 12:02 | Report Abuse

The Covid 19 pandemic has been affecting everyone and all the listed companies with the exception of glove and other medical products to prevent the virus. I started moving into Gloves after Theresa made a pledge that we are donating 18 million gloves to China to help them to fight Covid 19.

https://www.thestar.com.my/news/nation/2020/01/31/coronavirus-malaysia...

Most of the commentators on Fantastic Four or Tier 2 and Tier 3 Glove stocks forum are expressing their fear that the Russian vaccine will be the saviour of the Covid 19 pandemic. As a result, there will be no more demand for gloves and investors should sell their holdings as soon as possible.

They are misleading investors. What is the truth? Investors must know the truth.

The Vaccine Testing Process

The World Health Organization has not received enough information on the Russian COVID-19 vaccine to evaluate it, the assistant director of its regional branch, the Pan American Health Organization, Jarbas Barbosa has said..

The Moscow-based Association of Clinical Trials Organizations (ACTO), a trade body representing the world’s top drug makers in Russia, released an open letter urging the Russian Health Ministry to postpone approval of the vaccine until Phase 3 trials had been successfully completed.

“It is during this phase that the main evidence of a vaccine’s efficacy is collected, as well as information on adverse reactions that could appear in certain groups of patients: people with weakened immunity, people with concomitant diseases and so forth,” reads the letter from ACTO, published last Monday.

According to The New York Times Coronavirus Vaccine Tracker, there are currently 8 vaccines in large-scale Phase 3 efficacy tests. Typically, Phase 3 trials are large enough to reveal any evidence of rare, potentially life-threatening side effects. The FDA has said a COVID-19 vaccine will need to protect at least 50 percent of vaccinated persons to receive agency approval in the United States.

Researchers around the world are developing more than 165 vaccines against the coronavirus, and 30 vaccines are in human trials. Vaccines typically require years of research and testing before reaching the clinic, but scientists are racing to produce a safe and effective vaccine by next year.

PRECLINICAL TESTING: Scientists give the vaccine to animals such as mice or monkeys to see if it produces an immune response.

PHASE 1 SAFETY TRIALS: Scientists give the vaccine to a small number of people to test safety and dosage as well as to confirm that it stimulates the immune system.

PHASE 2 EXPANDED TRIALS: Scientists give the vaccine to hundreds of people split into groups, such as children and the elderly, to see if the vaccine acts differently in them. These trials further test the vaccine’s safety and ability to stimulate the immune system.

PHASE 3 EFFICACY TRIALS: Scientists give the vaccine to thousands of people and wait to see how many become infected, compared with volunteers who received a placebo. These trials can determine if the vaccine protects against the coronavirus. In June, the F.D.A. said that a coronavirus vaccine would have to protect at least 50% of vaccinated people to be considered effective. In addition, Phase 3 trials are large enough to reveal evidence of relatively rare side effects that might be missed in earlier studies.

APPROVED: Regulators in each country review the trial results and decide whether to approve the vaccine or not. During a pandemic, a vaccine may receive emergency use authorization before getting formal approval. Once a vaccine is licensed, researchers continue to monitor people who receive it to make sure it’s safe and effective.

Meow Meow Meow Meow

Apple1234

853 posts

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

When anything happen, poor result support company like Kossan is hard to rebound. Collect big Topglove and Supermax. Only touch this two company, you wont regret. When Kossan announced result, the share price will drop again. Only touch strong result support company.

covid2019

204 posts

Posted by covid2019 > 2020-08-12 12:34 | Report Abuse

Aug 11 (Reuters) -

UG Healthcare Corporation Ltd <UGHE.SI>:Singapore
* HY REVENUE S$91.0 MILLION VERSUS S$50.3 MILLION
* HY NET PROFIT S$12.6 MILLION VERSUS S$1.2 MILLION


Whoeva selling u are foolish...glove stocks are a gold mine. 600 % net profit woohooooo...

Apple1234

853 posts

Posted by Apple1234 > 2020-08-12 12:48 | Report Abuse

Remember invest at company value not company price. For my opinion, switch all your Kossan to Topglove and Supermax. During covid-19 this two company business model is most benefit. When anything happen, this two company will came back very fast especially Topglove, because it have the most biggest production.

DBinvest

81 posts

Posted by DBinvest > 2020-08-12 13:39 | Report Abuse

Zzzzzzzzzz zzzzzzzzzz Zzzzzzzzzz zzzzzzzzzz Zzzzzzzzzzzzzz_zzzzzzzz_

Apple1234

853 posts

Posted by Apple1234 > 2020-08-12 14:39 | Report Abuse

Today big 4 Kossan drop more because it dont have market expectations & story to support the share price. So today guys can see it, why we should invest at company value not share price?

DBinvest

81 posts

Posted by DBinvest > 2020-08-12 14:40 | Report Abuse

Zzzzzzzzzzzzzzxxzzzzzzzzzzz

Louise4

389 posts

Posted by Louise4 > 2020-08-12 15:16 | Report Abuse

https://www.theedgemarkets.com/article/four-more-companies-plan-join-r...

Lots of new players joining the glove game. Buy ESCERAM. Demand for glove formers will be super high. Buy before it shoots up.

Posted by Ezafer1981 > 2020-08-12 15:19 | Report Abuse

Sembang like makcik2. Share dropping also cakap bnyk. Doesnt matter what share people are holding. Whats important people can make profit. Enter low and sell high. Nobody are holding for hundreds year until become chairman (except for apple) At certain point people have to realised profit. You fella come and promote your counter here also useless. Our buying and selling is so small market wont move and inch. Only share important tips like QR or GDP news.

MasterYoda

975 posts

Posted by MasterYoda > 2020-08-12 15:34 | Report Abuse

ha ha laugh die me,next time listen!

warchest

1,781 posts

Posted by warchest > 2020-08-12 16:03 | Report Abuse

Stock market reflects 6 months in advance news. Many vaccine companies in US and China already started their 3rd phase clinical trials. Russia's vaccine registered but may not be proven but at least it is a good start. More positive news on the development vaccine will come through. Once the demand tapers somewhere in 2021, the average selling price will follow. Something to consider

joyvest

10,190 posts

Posted by joyvest > 2020-08-12 16:19 | Report Abuse

what the hell is going on ?

joyvest

10,190 posts

Posted by joyvest > 2020-08-12 16:20 | Report Abuse

TG is also dropping like shit ...........

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