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

Raider123

42 posts

Posted by Raider123 > 2020-08-23 11:32 | Report Abuse

Coming Q2 result we will see apple is genuis or dummy

stockraider

31,556 posts

Posted by stockraider > 2020-08-23 11:37 | Report Abuse

Friend Titijaya stupid loh...they throw USD 1 million investment into a 3rd rate Vaccine Developer...is like throwing USD 1 million into the sea loh...!!

U know or not ??
Cansino back by China military they are prepare to invest few billions in Vaccine development...It represent China military pride beside making money loh...!!

Thus its vaccine will be very successful bcos of unlimited financial backing mah...!!

Posted by Up_again > Aug 23, 2020 11:30 AM | Report Abuse

Stock raider
We’ll move to vaccine, especially Titijaya since they have at least a working relationship with Sinopharm

Tapi at least after Supermax or TG break previous high la
No worries, you bought vaccine counters and wait us larrr

stockraider

31,556 posts

Posted by stockraider > 2020-08-23 11:41 | Report Abuse

Won't Accept ah ?

If u use vaccine u have immunity & your life back normal & u can do anything loh but if use gloves, facemask, distancing U R JUST another PONDAN HIDING HERE & THERE loh...!

NO LIFE if u have no immunity...u will always be a pondan...always cannot enjoy...bcos of covid19. U want this ah ?

Raider will rather pay RM 10k just to get immunity in order to get a better life loh...!!

Posted by EatThis > Aug 23, 2020 11:35 AM | Report Abuse

World population only 7.8 billion and most either won't accept vaccination or cannot afford it.

Up_again

949 posts

Posted by Up_again > 2020-08-23 11:45 | Report Abuse

Hahaha some of us sitting on extreme handsome profits while there is of course newbies here, so there is no need to name call people

Why u so rajin post buy Solute on all gloves forum ahh???

patrick8

334 posts

Posted by patrick8 > 2020-08-23 11:46 | Report Abuse

Kossan's result will be something like Harta's. I am predicting a PAT of RM 120-150 Mil, a pretty good quarter on normal times but can look miniscule alongside TopG and SuperMx.

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2020-08-23 11:48 | Report Abuse

BREAKING: President Trump to hold press conference tomorrow regarding a 'major therapeutic breakthrough' on coronavirus

stockraider

31,556 posts

Posted by stockraider > 2020-08-23 11:49 | Report Abuse

No use lah...Good profit so what ? Can maintain or not ??

Fly by the night short term profit no use loh...!!

Remember this very important loh..!
Investing in Vaccine is a better preposition than investing in gloves mah, bcos has passed its prime loh...!!

Why leh ?

1. The current run up have fully reflected in its peak valuation.

2. Gloves Capacity is increasing all over the world.

3. Vaccine is coming by November 2020

Better buy some Vaccine loh..!

Cansino management are military people...they are no nonsense people...they want best...they selected solution loh...!!


Posted by patrick8 > Aug 23, 2020 11:46 AM | Report Abuse

Kossan's result will be something like Harta's. I am predicting a PAT of RM 120-150 Mil, a pretty good quarter on normal times but can look miniscule alongside TopG and SuperMx.

Energiser

251 posts

Posted by Energiser > 2020-08-23 11:49 | Report Abuse

in Maybank analysts report, it mentioned that Kossan is very aggressively increasing the ASP and spot orders allocation, even as aggressive as Topglove albeit at a slower pace in terms of timing.

patrick8

334 posts

Posted by patrick8 > 2020-08-23 11:52 | Report Abuse

BREAKING: President Trump to hold press conference tomorrow regarding a 'major therapeutic breakthrough' on coronavirus.

Haha, welcome to the trump show. Must be some vaccine announcement la , to save his fat butt and presidency.

Energiser

251 posts

Posted by Energiser > 2020-08-23 11:54 | Report Abuse

Therefore would not be surprised it Kossan exceeds expectations since expectations on Kossan are so low. It is only a matter of time Kossan will achieve exponential growth in its share price correlated to its aggressive increase in ASP and spot orders!

patrick8

334 posts

Posted by patrick8 > 2020-08-23 11:54 | Report Abuse

n Maybank analysts report, it mentioned that Kossan is very aggressively increasing the ASP and spot orders allocation, even as aggressive as Topglove albeit at a slower pace in terms of timing.

Most probabaly good results in next qtr (july -sep '20). Would be a good time to buy in on price weakness in future.

stockraider

31,556 posts

Posted by stockraider > 2020-08-23 11:56 |

Post removed.Why?

Up_again

949 posts

Posted by Up_again > 2020-08-23 12:02 | Report Abuse

Then no need so desperate post on all gloves forum ma
You so confident, one day sure limit up geh

Unless you bought Solution on Friday morning before 9.10 am above 0.55 la
Hahaha, good luck on Monday

stockraider

31,556 posts

Posted by stockraider > 2020-08-23 12:03 | Report Abuse

All Gloves are relevant target mah..!!

Posted by Up_again > Aug 23, 2020 12:02 PM | Report Abuse

Then no need so desperate post on all gloves forum ma
You so confident, one day sure limit up geh

Unless you bought Solution on Friday morning before 9.10 am above 0.55 la
Hahaha, good luck on Monday

Kevin Tam

528 posts

Posted by Kevin Tam > 2020-08-23 12:18 | Report Abuse

Harta should be the one posted poorest results among the top 4 glove counters ... Kossan maybe able to post profit after tax of 150 mil n above for latest quarter ... that is 150% jump from the quarterly profit of 60 mil ( profit level before pandemic )....

stockraider

31,556 posts

Posted by stockraider > 2020-08-23 12:34 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2020-08-23 12:43 | Report Abuse

List of vaccine players;

1.Top number 1 Cansino with Solution as Distributor Nov vaccine available

2. Sinopharm with Titijaya as distributor { about 2 mths behind cansino}

3. Hwgb....most likely talkbig ...Goreng Kaki only.

4. Dpharma....only talk cock nothing concrete yet at least 1 year behind.

5. Pharmaniaga...only talk cock nothing concrete yet at least 1 year behind .

Posted by DreamKaiser > Aug 22, 2020 1:30 PM | Report Abuse

so which other companies have similar vaccine jv with china company?


Posted by DreamKaiser > Aug 22, 2020 1:30 PM | Report Abuse

anyone knows?

stockraider

31,556 posts

Posted by stockraider > 2020-08-23 12:45 |

Post removed.Why?

Apple1234

853 posts

Posted by Apple1234 > 2020-08-23 12:45 | Report Abuse

Patrick8: yes you are right. But still have many idiot investor think Kossan result will better than Supermax. Sometime i really dont know that idiot investor is betting or invest a stock. Please always remember: ****(invest at company value, not company share price. Kossan result 99% cant meet market expectations that director already told you at AGM, please accept the facts. May i ask what will make glove company growth faster? Is it selling price increase? Kossan director already told you wont increase much selling price, ****won't increase much selling price. HALO,wake up la guys. Invest is not a betting.

Apple1234

853 posts

Posted by Apple1234 > 2020-08-23 12:49 | Report Abuse

Supersing: I think Kossan can hit RM1,000.RM32.5 is too less le. Really is too less le.

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

Apple1234

853 posts

Posted by Apple1234 > 2020-08-23 12:54 | Report Abuse

Supersing: please remember, use your brain think it before invest. Invest is not betting, think people talking have logic or not? Invest at company value, not company share price. Kossan if RM32.50, need how good result to support? You think possible Kossan result will better than Supermax? Think, always think. But i think you set RM32.50 is too less. Maybe you can set RM1,000 is better. Really.

Apple1234

853 posts

Posted by Apple1234 > 2020-08-23 12:56 | Report Abuse

Supersing: please repeat listen this link. Dont dream it.
https://www.bloomberg.com/news/videos/2020-05-14/kossan-rubber-ceo-pandemic-to-boost-glove-demand-by-30-50-video

Apple1234

853 posts

Posted by Apple1234 > 2020-08-23 12:57 | Report Abuse

Supersing: Please, please, please. Use your brain and think it. Please, please, please. Think it before invest. Dont become stupid investor.

Apple1234

853 posts

Posted by Apple1234 > 2020-08-23 13:09 | Report Abuse

Supersing: please, please, use your brain think it before invest.

Raider123

42 posts

Posted by Raider123 > 2020-08-23 13:23 | Report Abuse

KOSSAN manufactures and offers a wide range of products including highly technical input engineered rubber products used in automotive, infrastructure, marine, aviation, rail and mining industries through its Technical Rubber Product Division and latex disposable gloves through its Glove Division... If Only glove product make money, and the rest no due to pandemic maybe what apple123 said is right.. We will see what is happening this week

chtan33

242 posts

Posted by chtan33 > 2020-08-23 13:45 | Report Abuse

EPF really active trader of this Kossan..

Apple1234

853 posts

Posted by Apple1234 > 2020-08-23 13:56 | Report Abuse

Supersing: Please use your brain think it first la. Refute me next Tuesday when announced result. You fight win me no use, you must fight win market and use your brain to think it. Always not invest in company beautiful name and share price, is invest at company value. If after covid-19, if "me" want keep for my child i also will buy Topglove and Harta. Please la, i suggest you take a course study before invest. I lazy to explain to you, because your brain already "died". Please continue negative thinking, please.

Apple1234

853 posts

Posted by Apple1234 > 2020-08-23 13:57 | Report Abuse

Supersing: If you want betting, i suggest you go genting more fast.

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2020-08-23 14:05 | Report Abuse

Roger Apple. Thank you and love you.

Apple1234

853 posts

Posted by Apple1234 > 2020-08-23 14:25 | Report Abuse

........

Apple1234

853 posts

Posted by Apple1234 > 2020-08-23 14:36 | Report Abuse

Supersing:please read.

https://m.huxiu.com/article/272140.html

Posted by tingpangeng > 2020-08-23 14:46 | Report Abuse

Hi Sifu here good day. Could Sifu shared here the calculated Kossan quarter result based on her average sale and ASP for I wish to use the forecast figure for my risk management . Thanks for your feedback.

Apple1234

853 posts

Posted by Apple1234 > 2020-08-23 14:57 | Report Abuse

Supersing :can you answer it? How you calculated RM32. 50?can show your calculations?

Kossan

303 posts

Posted by Kossan > 2020-08-23 15:20 | Report Abuse

Supersinginvestor I also got similar target price as you RM32..how I got that is based on conservative calculation where profit of 5 cents for every piece of glove sold, with adjusted PE of 25 conservatively.

Raider123

42 posts

Posted by Raider123 > 2020-08-23 15:30 | Report Abuse

My hope all 4 big go high this week...

Apple1234

853 posts

Posted by Apple1234 > 2020-08-23 16:39 | Report Abuse

Supersing: 不攻自破。

Apple1234

853 posts

Posted by Apple1234 > 2020-08-23 16:59 | Report Abuse

Supersing: have you see back your comments? Totally dont have strong point to support and cant refute me. You always like (自打嘴巴)。You also can keep open many difference account to attack people without any logic comment. Finally you will see why you cant earn money at share market but others can. Please continue your negative thinking, please dont always self slapped mouth.

Apple1234

853 posts

Posted by Apple1234 > 2020-08-23 17:03 | Report Abuse

Supersing: we need you this kind of wihout any knowledge people at share market we just can earn your money. Share market is zero sum game market, please bring your without knowledge friend come to share market together, maybe you can transfer your thinking to them. Please.

Kossan

303 posts

Posted by Kossan > 2020-08-23 19:08 | Report Abuse

Based on my estimate, Kossan has more bullish potential than Supermax because it produces 28Bil (uprev to 32Bil) vs Supermax 24 Bil (uprev 31 Bil). In addition, its EPS for the past 6 quarters beats TG, Supermax and Hartalega by 10-20%. My system also shows Kossan has higher EPS yield too.

Posted by supersinginvestor > 2020-08-23 20:12 | Report Abuse

Yes@kossan... psstt.. dont disclose so much bro.. i want to buy lor....stop...

Posted by supersinginvestor > 2020-08-23 20:14 | Report Abuse

machauhai like apple1234 n gang listening... dont tell them the truth.. just let them.help us to.accumulate
. Just read no need tell facts..

Posted by supersinginvestor > 2020-08-23 20:15 | Report Abuse

I delete all my posts cos tomorrow i want buy wor. Let buy first

Posted by supersinginvestor > 2020-08-23 20:17 | Report Abuse

Kossan no good wor.. SELL TO ME .. I BUY. I BUY...

gladiator

667 posts

Posted by gladiator > 2020-08-23 20:20 | Report Abuse

At current price Supermx RM22 and Kossan RM16 sure buy Kossan la..

Posted by supersinginvestor > 2020-08-23 20:26 | Report Abuse

Kossan performance better cos of shares less.. they are behind 1 bonus 1 for 1... thats why they r undervalued n favourite among funds. @kossan. Thats why earninga per share r more less shares.. thats why i like kossan along with its buffer. Other than gloves segment. Which keeps it up long after the.covid is gone if ever.. n the big boss is very low profile... good quality share without the speculation...

Energiser

251 posts

Posted by Energiser > 2020-08-23 20:28 | Report Abuse

Kossan could be the dark horse star performer in the near term considering there are many still doubting the potential of Kossan.
Even CIMB gave a very high TP of RM 30+. Buying stocks is considering the risk and rewards or the odds of a potential upside that the market is underappreciating which will readjust over time. I have experienced it with Comfort and Ruberex where there were a lot of doubters from the beginning that the share prices were already very high and that it won't go up higher due to better options but look where the share prices are today.

Posted by supersinginvestor > 2020-08-23 20:28 | Report Abuse

But i think now the big boss will have to declare bonus n split to get share cap up cos its his chance now n pressure from.funds
...

Huntsman

155 posts

Posted by Huntsman > 2020-08-23 20:28 | Report Abuse

Nasa already approved vital. U can check K1 ate included in their nasa jet propulsion laboratory official website https://medeng.jpl.nasa.gov/covid-19/ventilator/registration/

Huntsman

155 posts

Posted by Huntsman > 2020-08-23 20:30 | Report Abuse

Nasa already approved vital. U can check K1 included in their nasa jet propulsion laboratory official website https://medeng.jpl.nasa.gov/covid-19/ventilator/registration/

Posted by supersinginvestor > 2020-08-23 20:31 | Report Abuse

u see big funds like epf public.mutual all can talk to big boss directly...now its going into Msci. Funds will analyse n tell u most valuable glove is kossan.. so they will buy....funds have to justify..so only value can justify cos future only.god knows..

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