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

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2020-08-25 15:13 | Report Abuse

QR is as expected

Posted by Warren ala carte > 2020-08-25 15:13 | Report Abuse

Lol kossan expectations memang low la High5, the question is how below ?

Posted by Maxprofittt > 2020-08-25 15:24 | Report Abuse

Last Chance to collect low before QR. Good luck all

Posted by Maxprofittt > 2020-08-25 15:24 | Report Abuse

Last qtr PAT was 64.8mil. This round easily 150m-200mil la

megat36

175 posts

Posted by megat36 > 2020-08-25 15:28 | Report Abuse

even if qr is good,but market shitty like this,price is still going south...next week could be better when msci fund start buying...

Posted by Maxprofittt > 2020-08-25 15:30 | Report Abuse

Yup. MSCI take place on 1st Sep. Looking forward. So, better collect earlier while u can.

High5

1,269 posts

Posted by High5 > 2020-08-25 15:39 | Report Abuse

Read this article b4 plan to collect more

Ranjano

64 posts

Posted by Ranjano > 2020-08-25 15:39 | Report Abuse

Expectation is around ~150mil.... No matter the qr it will still go down in this situation... Wrong day for the qr, timing is wrong..

Posted by partimeshark > 2020-08-25 16:00 | Report Abuse

Maxprofittt Yup. MSCI take place on 1st Sep. Looking forward. So, better collect earlier while u can.

why MSCI fund will come in on 1st sept?

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

Bought more at 14.70

MasterYoda

975 posts

Posted by MasterYoda > 2020-08-25 16:03 | Report Abuse

Guys don’t be stubborn,switch some to HLT to leverage your invesment.HLT is very cheap to buy now :)

Posted by supersinginvestor > 2020-08-25 16:03 | Report Abuse

Yeshigh5@
I read. U sell i buy ok..
Dont worry u better sell kossan n fuk off from here..hehe.. i will buy got bullets meh

Doushan

83 posts

Posted by Doushan > 2020-08-25 16:04 | Report Abuse

Yoda panicking his position might be

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

Losers stay away ok..
1. Vaccines use gloves
2. Vaccines use long way to come
3. Gloves got profits for 2 years forward looking.
4. Risk.of another pandemic.
5. Winter coming n fear of superspreaders.
6..i lazy write more lor..
U sell i buy

Mabel

23,516 posts

Posted by Mabel > 2020-08-25 16:11 | Report Abuse

2MasterYoda Guys don’t be stubborn,switch some to HLT to leverage your invesment.HLT is very cheap to buy now :)
25/08/2020 4:03 PM

Yoda,

Likewise Kossan relatively very cheap now.

Study the company you are buying into. If you like what they are doing and what they stand for. Stick to it...We are not buying it's very cheap..

Every shares/company has its own life cycles. When it's ready for a breakout it will rally and gallop like a horse..

Just don't continue to bray like a donkey...

Meow...

niubility666

1,108 posts

Posted by niubility666 > 2020-08-25 16:19 | Report Abuse

1462 1000lot nonstop

Raider123

42 posts

Posted by Raider123 > 2020-08-25 16:24 | Report Abuse

Where is apple123 he's share well gain... Hope no suicide

joyvest

10,190 posts

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

from day 1, i have been saying glove sector is very sensitive to vaccine hope and optimistism

joyvest

10,190 posts

Posted by joyvest > 2020-08-25 16:26 | Report Abuse

Apple is heart broken with his TG and Superm....... all die stand still .........

joyvest

10,190 posts

Posted by joyvest > 2020-08-25 16:27 | Report Abuse

rule no .1 - never panic selling ... rule no .2 - .......

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2020-08-25 16:29 | Report Abuse

14.50 strong

niubility666

1,108 posts

Posted by niubility666 > 2020-08-25 16:30 | Report Abuse

topglov strong rebound, kossan please add oil

Raider123

42 posts

Posted by Raider123 > 2020-08-25 16:32 | Report Abuse

By percentage % drop kossan 8% and tg10%

niubility666

1,108 posts

Posted by niubility666 > 2020-08-25 16:36 | Report Abuse

only if kossan boss willing to buy its own share like TSLWC, but he dumped 51m last 2 months ROFL

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2020-08-25 16:38 | Report Abuse

We'll see QR

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2020-08-25 16:44 | Report Abuse

result very good

joyvest

10,190 posts

Posted by joyvest > 2020-08-25 16:46 | Report Abuse

so far none of the professional analysts have advised sell call . All have viewed to Hold call ....

niubility666

1,108 posts

Posted by niubility666 > 2020-08-25 16:46 | Report Abuse

i saw 3000lot buying at 14.62

Posted by partimeshark > 2020-08-25 16:48 | Report Abuse

result good maybe will drop also.. alot of penny stock, qr report damn bad, then no huge drop also..

Raider123

42 posts

Posted by Raider123 > 2020-08-25 16:58 | Report Abuse

Hope all 4king up 2moro..sakit mata see index red color

kenie

1,641 posts

Posted by kenie > 2020-08-25 17:07 | Report Abuse

AmBank Research says glovemakers fully valued, downgrades to 'neutral'
KUALA LUMPUR (Aug 25): The run-up among glove counters may have peaked, said AmBank Research, which has downgraded its call on the sector to “neutral” from “overweight” in view that the share prices are fully valued.
In a research note this afternoon, AmBank Research opined that the elevated average selling prices (ASPs) enjoyed by glovemakers “will begin to taper off in 1Q21”.
The research house has Top Glove Corp Bhd, Kossan Rubber Industries Bhd and Hartalega Holdings Bhd under its coverage.
“Share prices of all of the glove companies under our coverage have exceeded their target prices,” it said.
“We believe that at current share price levels, the valuations for glove companies under our coverage have fully priced in the companies’ earnings outlook,” it said.
It added that “PE valuations are demanding” pointing out that Top Glove is currently trading at CY21F PE of 43.3 times, which is two standard deviations (SD) higher than its three-year average forward PE of 28.9 times, while Kossan Rubber’s CY21F PE of 26.0 times is almost 1SD higher than its three-year average forward PE of 23.7 times, and Hartalega is trading at a CY21F PE of 40.9 times, which is slightly higher than its three-year average PE of 39.5 times.
AmBank Research noted that the planned capacity increase of 126 billion pieces or 54% by end-2022 “will more than offset” demand increase, and that the recent strides in Covid-19 vaccines will affect ASPs as well.
AmBank downgraded Top Glove and Kossan to “hold” with unchanged fair values of RM25.70 and RM15.74 respectively, while maintaining a “hold” call on Hartalega with fair value of RM18.74. Currently, no glove stocks in Malaysia have any “sell” call by analysts covering the companies.

failfish

39 posts

Posted by failfish > 2020-08-25 17:18 | Report Abuse

National day is around the corner?red red tak cantik right? haha

High5

1,269 posts

Posted by High5 > 2020-08-25 17:19 | Report Abuse

Fauci warns against premature authorization of coronavirus vaccine

Posted by Coffin Dance > 2020-08-25 17:20 | Report Abuse

kossan mati kudasai is chart like this

kens88

698 posts

Posted by kens88 > 2020-08-25 17:21 | Report Abuse

I holding but very worried. Last month no cut win. Now holding red share.

Posted by Coffin Dance > 2020-08-25 17:23 | Report Abuse

know how to buy, know how to sell

got profit take profit, this is how everyone is playing , Bursuk we don't play long term one

here we play hit & run.

you no play hit & run, other ppl will hit & run

Jo1234

194 posts

Posted by Jo1234 > 2020-08-25 17:28 | Report Abuse

US and Russia politicians keep pushing untruths. Malaysians believe. Sad truth

MuchenOrb

161 posts

Posted by MuchenOrb > 2020-08-25 17:28 | Report Abuse

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES KOSSAN RUBBER INDUSTRIES BHD (KOSSAN OR COMPANY) PROPOSED BONUS ISSUE OF 1,278,935,808 NEW ORDINARY SHARES IN KOSSAN ("KOSSAN SHARES" OR "SHARES") ("BONUS SHARES") ON THE BASIS OF 1 BONUS SHARE FOR EACH EXISTING KOSSAN SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE")

Kossan does not want to be left behind. Tomorrow all gloves green
25/08/2020 5:28 PM

Posted by greatinvestor > 2020-08-25 17:28 | Report Abuse

good result

johnny cash

6,400 posts

Posted by johnny cash > 2020-08-25 17:29 |

Post removed.Why?

MuchenOrb

161 posts

Posted by MuchenOrb > 2020-08-25 17:29 | Report Abuse

Congrats all Kossan holders

Apple1234

853 posts

Posted by Apple1234 > 2020-08-25 17:29 | Report Abuse

Supersing: can you explain Kossan result? Why only 131 mil?

johnny cash

6,400 posts

Posted by johnny cash > 2020-08-25 17:30 |

Post removed.Why?

johnny cash

6,400 posts

Posted by johnny cash > 2020-08-25 17:30 | Report Abuse

RESULT OUT,,,GOOD ONE HALILUYAH

kens88

698 posts

Posted by kens88 > 2020-08-25 17:30 | Report Abuse

Deep down I know is propaganda. However, I can't speak for so many millions of uncle aunty retail investors

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2020-08-25 17:31 | Report Abuse

SO SO ONLY... dump

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