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.

15,950 comment(s). Last comment by Chipee 1 day ago

Posted by supersinginvestor > 2020-08-13 12:18 | Report Abuse

Guys dont trust investment bankers n target price plz. They tell u to sell to you.
Save yourselves before too late... u are being played...

vickvick

549 posts

Posted by vickvick > 2020-08-13 13:40 | Report Abuse

https://www.nst.com.my/news/nation/2020/08/616290/sputnik-v-no-means-v...

In normal circumstances Vaccine will take 5 years to develop..n HIV vaccine will take forever to develop.

Value888

623 posts

Posted by Value888 > 2020-08-13 13:41 | Report Abuse

Do you know? Esceram is the largest ceramic glove formers maker in Malaysia, probably is the largest in the world.

All glove makers are expanding rapidly. Esceram will reap the growth.

Like many have reported, there will be more new glove makers. Esceram will reap the benefit.

Given its huge growth potential, current price is unbeliavably low. Expect tremendous gain from here. Collect more while is cheap.

menort

1,006 posts

Posted by menort > 2020-08-13 14:28 | Report Abuse

German anytime can announce vaccine because there is a leak document that said their vaccine can be ready on September.

This is a bad news.

Isaaka

71 posts

Posted by Isaaka > 2020-08-13 14:43 | Report Abuse

Kossan QR on next Fri PAT more than Harta

lalalam

146 posts

Posted by lalalam > 2020-08-13 16:25 | Report Abuse

Kossan today no power compare to other glove counter

Posted by Lukey_Greek > 2020-08-13 20:11 | Report Abuse

Citi group give higher TP price for Kossan 31.20 vs Supermx 24.90.
More will come.

Aramco

1,560 posts

Posted by Aramco > 2020-08-13 20:12 | Report Abuse

Aramco RE: SuperMax (OBM) PAT & TopGlove (OEM) PAT for FY 2021

Let compare estimated SuperMax PAT & PE versus TopGlove PAT & PE for FY 2021

SuperMax estimated PAT FY 2021 (OBM) Model

1) QTR 1 _ 750 M (PAT)
2) QTR 2 _ 1 B (PAT)
3) QTR 3 _ 1.25 B (PAT)
4) QTR 4 _ 1.25 B (PAT)

Total = RM 4.25 Billions divide by share issue 1.36 B = EPS RM2.89

PE 15 = RM 43.35
PE 20 = RM 57.80
PE 25 = RM 72.25
PE 30 = RM 86.70

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

TopGlove estimated PAT FY 2021 (OEM) Model

1) QTR 1_ 1 B (PAT)
2) QTR 2_ 1.25 B (PAT)
3) QTR 3_ 1.50 B (PAT)
4) QTR 4_ 1.50 B (PAT)

Total = RM 5.25 Billions divide by share issue 2.707 B = EPS RM 1.94

PE 15 = RM 29.10
PE 20 = RM 38.80
PE 25 = RM 48.50
PE 30 = RM 58.20

Regard

Aramco
13/08/2020 8:03 PM

angwk

98 posts

Posted by angwk > 2020-08-13 21:22 | Report Abuse

The only way for glove stocks to continue go up right now is the unanticipated failure of vaccine development ...but both economics and politics, they want vaccine development to be successful, and they also want vaccine development to be successful ASAP. So it be a tough game for glove stocks already...everyday we are inching closer to vaccine'S eventuality. Honey moon for glove stocks is already over.

newkid

966 posts

Posted by newkid > 2020-08-13 22:27 | Report Abuse

Today first time accumulate kossan from 15 to 15.56, tomorrow will further collect as my fund is running low, will unlock kesm n all in here... hihihi...

Apple1234

853 posts

Posted by Apple1234 > 2020-08-13 23:01 | Report Abuse

Topglove expand new factory one time 8 factory, this is call very super aggressive company. How about Kossan? Expand factory delay, delay, delay. Continue delay, delay, delay, as we can call delay king. Director super too conservative, logic thinking as a smart investor we must choose Topglove right?

https://www.sinchew.com.my/pad/con/content_2324498.html

https://www.theedgemarkets.com/article/top-glove-could-touch-rm7760-share-bull-scenario-—-citi

他透露,集团未来一年将投入8亿至10亿令吉资本开销,以在大马、泰国和越南建设8家厂房。

DBinvest

81 posts

Posted by DBinvest > 2020-08-14 01:25 | Report Abuse

Zzzzzzzzzz zzzzzzzzzz Zzzzzzzzzz zzzzzzzzzz Zzzzzzzzzzzzzz_zzzzzzzz zzzzzzzz zzzzzzzzzz

Posted by humble_beginnings > 2020-08-14 01:30 | Report Abuse

if, got vaccine available does it mean no need to use gloves or mask anymore?

menort

1,006 posts

Posted by menort > 2020-08-14 01:37 | Report Abuse

Tomorrow better take profit then wait until afternoon for the Malaysia GDP report news out.

If result negative will add more oil to the current Russian vaccine news and price will reduce.

German also in the radar to announce about their vaccine. There was already leaked document circulating about German vaccine is ready on September.

Be cautious of this because if the vaccine news out again in short time we will see price will drop to the lowest.

SifuHelpU

39 posts

Posted by SifuHelpU > 2020-08-14 07:52 | Report Abuse

Coronavirus Cases:
21,062,252
view by country
Deaths:
752,565

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2020-08-14 08:28 | Report Abuse

Roger apple. Thank you and love you!

hglee101

168 posts

Posted by hglee101 > 2020-08-14 08:46 | Report Abuse

Apple'123- kossan boss sell his stock to buy a new S Class and settle his bad loan...give him some money to spend lah

Apple1234

853 posts

Posted by Apple1234 > 2020-08-14 09:32 | Report Abuse

Hglee: can comment some value things? Your comment is dont have any value and point. If you want forever hike behind keyboard can, no problem. When comment, please comment some healthy, information and logic things. Comment a brainless things you cant be success.

DBinvest

81 posts

Posted by DBinvest > 2020-08-14 09:37 |

Post removed.Why?

benylim

28 posts

Posted by benylim > 2020-08-14 09:40 | Report Abuse

run before down again tis is fake rebound

Posted by 东方不败 > 2020-08-14 09:52 | Report Abuse

IJM will be removed from MSCI index while Kossan and Supermax will be included into the index.

Macquarie's estimates:

IJM's deletion from the index will result in US$58.8m money outflow or 170.1m shares to be sold.
Supermax's addition will result in US$240.1m money inflow or 46.4m shares to be bought.
Kossan's addition will result in US$168.5m money inflow or 40.1m shares to be bought.

https://www.theedgemarkets.com/article/kossan-supermax-be-added-msci-global-standard-indexes-constituents-ijm-corp-dropped

Zuliana

5,395 posts

Posted by Zuliana > 2020-08-14 14:08 | Report Abuse

Big sharks now need water fish to buy now.

If stupeed water fishes don’t buy, how sharks can run away???

tuapuikia

2,346 posts

Posted by tuapuikia > 2020-08-14 14:54 | Report Abuse

Please bring the glove back to top, all counter will be follow. market will be greeen.

newkid

966 posts

Posted by newkid > 2020-08-14 15:25 | Report Abuse

every bit drop collect 1 to 3 lots, stopped at lowest price bought 14.60 bcos I AM FLAT .......

tuapuikia

2,346 posts

Posted by tuapuikia > 2020-08-14 16:39 | Report Abuse

Please bring the glove back to the top, all counter will follow. the market will be green.

joyvest

10,190 posts

Posted by joyvest > 2020-08-14 17:34 | Report Abuse

Black Friday............

stingray_ea

2,765 posts

Posted by stingray_ea > 2020-08-14 17:44 | Report Abuse

stingray_ea issued double top warning for supermax , topgolve, Kossan, HLT, ... etc on 4 Aug to 7 Aug.

stingray_ea always provide free market tips earlier to i3.
tut... tut... tut .....


vVVv = double top
O = uptrend finished

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Stock: [HLT]: HLT GLOBAL BHD
Aug 8, 2020 6:07 PM | Report Abuse

vVVv


Stock: [SUPERMX]: SUPERMAX CORP BHD
Aug 7, 2020 2:00 PM | Report Abuse

vVVv


Stock: [SUPERMX]: SUPERMAX CORP BHD
Aug 7, 2020 11:30 AM | Report Abuse

o


Stock: [KOSSAN]: KOSSAN RUBBER INDUSTRIES BHD
Aug 7, 2020 10:11 AM | Report Abuse

o


Stock: [SUPERMX]: SUPERMAX CORP BHD
Aug 7, 2020 10:04 AM | Report Abuse

o


Stock: [HARTA]: HARTALEGA HOLDINGS BHD
Aug 7, 2020 9:59 AM | Report Abuse

O


Stock: [TOPGLOV]: TOP GLOVE CORP BHD
Aug 7, 2020 9:50 AM | Report Abuse

O


Stock: [COMFORT]: COMFORT GLOVES BHD
Aug 4, 2020 10:01 PM | Report Abuse

wOw
====================================

Apple1234

853 posts

Posted by Apple1234 > 2020-08-14 18:02 | Report Abuse

If market anything happen, remember retailer or big fund only will buy big at good fundamentals company like Topglove and Supermax. Because this two company is most benefit during covid-19. I am buy big Topglove today and continue top up if Topglove continue drop. You can see director keep share buy back his company share, so you should know what will happen? Remember September Topglove and Supermax wanna bonus issue and Topglove will announced super crazy bombastic result. Only invest in company value not company share price. Have you think what reason Topglove and Supermax share price drop? Supermax announced crazy bombastic result why share price drop? Topglove September will announced more than 1b net profit result why share prices drop? If drop without any reason than we should buy or sell? Think yourself.

Apple1234

853 posts

Posted by Apple1234 > 2020-08-14 18:07 | Report Abuse

Remember Supermax story? From 9 plus correction until 5 plus, big shark wash out many small fish. After correction finish Supermax shoot up until RM24. Now Supermax already show you the crazy result, November result will be more better. If a company result keep growing, the share price should up right? The important is you need study deep what company fundamental is strong, what company is most benefit during covid-19. After study finish than you need have confidence buy and hold it, like that you just can win big and financial freedom. Remember, only Topglove and Supermax will maximize your profit.

Apple1234

853 posts

Posted by Apple1234 > 2020-08-14 18:13 | Report Abuse

Be a smart investor, dont become stupid investor, choose the right company buy and hold it. Share price can go how far is 100% depend how good the result. The share price can increase 100% need have good result support. For example if you wanna take a franchise, you will choose good company brand or bad company brand? Of course will choose potential franchise right? Same with share market, a company share want up 100% need have good results support right?

Apple1234

853 posts

Posted by Apple1234 > 2020-08-14 18:16 | Report Abuse

If now you buy Kossan, the risk you need accept is after announced result, if the result cant meet market expectations than Kossan share price will drop again. Director already told you selling price wont increase much, than why you dont listen what director told you?You is director of Kossan or Tan Sri is director of Kossan? Think la.

_phoenix_

444 posts

Posted by _phoenix_ > 2020-08-14 19:43 | Report Abuse

@laushy are you stuck with Adventa created an account with a fake website lmfao

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2020-08-14 19:46 | Report Abuse

Roger apple, thank you and love you

Posted by Lukey_Greek > 2020-08-14 22:23 | Report Abuse

Phillip sold all his top glove shares at RM14 & make millions profit. The funds reinvested in o&g sector.

Top Glov share price will drop below RM14 again? I can’t imagine.

Mabel

23,516 posts

Posted by Mabel > 2020-08-14 22:36 | Report Abuse

My take away from this week adventures

Investors should know that no stock can go up or drop continuously for whatever reason. After sometime it will change its trend. The one which was going up will drop and the one which dropping will go up. As a result, many investors are in a dilemma to sell or to buy some more at cheaper prices. There are many reasons for this phenomenon.

One common reason is that short term investors or day traders frequently buy or sell to make a bit of money. They take advantage of the price fluctuation to make money. Studies has shown that short term investors cannot make much money due to transaction cost. Serious long-term investors always make more money.

Some investors sold because they thought the reason for them to buy the stock is no longer valid. For example, Russian President Putin recently announced that his daughter was inoculated with an unproven Covid 19 vaccine. This has created a lot of confusion and many investors rushed to sell their glove stocks to depress the share prices. As an example, Supermax and Top Glove each dropped about 10%. They rebounded yesterday because the Russian doctor who vaccinated Putin’s daughter with his unproven vaccine resigned after he was told that all vaccines have to undergo phase 3 testing. Putin’s daughter may soon die?

It has been a productive week. I managed to capitalise on the sell off for Supermax, Top Gloves and Hartalega. Unfortunately, I run out of fund this time to top up Kossan since I have used up my fund to buy her 3 sisters.

Enjoy your weekend ...

Meow

Coconur

35 posts

Posted by Coconur > 2020-08-14 22:58 | Report Abuse

全球三十忆人口需要打疫苗, 这需要多少时间?
在这个的等候的时间, 有多少人会染疫?
而且, 疫苗都还没有正式研发出来 !
手套是防疫的必需品 !

Miche87

156 posts

Posted by Miche87 > 2020-08-14 23:41 | Report Abuse

EPF busy collecting

Keyman188

5,968 posts

Posted by Keyman188 > 2020-08-15 00:19 | Report Abuse

1st - Haircut selling price

2nd - Contra trading banned

Final - Designated Securities imposed

Posted by runroadtokl > 2020-08-15 00:39 | Report Abuse

EPF also sell adui...

apolloang

18,163 posts

Posted by apolloang > 2020-08-15 00:41 | Report Abuse

epf created to manipulate the market.if no epf many ikan bilis will kaya

apolloang

18,163 posts

Posted by apolloang > 2020-08-15 00:42 | Report Abuse

if bursa only have 300 stocks and no epf and sc kacau,all ikan bilis will kaya

will75

1,070 posts

Posted by will75 > 2020-08-15 11:42 | Report Abuse

Guys, some beggar like this tstan100 is running across glove counters spreading fear to all holders. He is working for IB to earn some nasi lemak. Do not believe him, ask him to eat shit instead!

chtan33

242 posts

Posted by chtan33 > 2020-08-15 12:43 | Report Abuse

demand still good.... but too many new entrants and massive expansion doesn't sound so good...

chtan33

242 posts

Posted by chtan33 > 2020-08-15 12:43 | Report Abuse

EPF like frequent trade Kossan alone... not other big 4.

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