KOSSAN RUBBER INDUSTRIES BHD

KLSE (MYR): KOSSAN (7153)

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Last Price

2.09

Today's Change

-0.03 (1.42%)

Day's Change

2.08 - 2.14

Trading Volume

9,208,500


19 people like this.

15,976 comment(s). Last comment by KimSua 2 hours ago

Stockman

684 posts

Posted by Stockman > 2014-05-21 19:55 | Report Abuse

Jolie2 - no wonder top glove drop from RM6 + to RM4+ due to their wrong business strategies

Posted by manutdchampion > 2014-05-23 18:27 | Report Abuse

first quarter result already out.it good so monday will rebound?

serge_ng

96 posts

Posted by serge_ng > 2014-05-26 13:59 | Report Abuse

Tp ?

jolie2

2,039 posts

Posted by jolie2 > 2014-05-26 18:37 | Report Abuse

prediction:

short term- 4.30 (1- 4 months)
mid term -4.50 (4- 8 months)
long term -5.00 (next year)

ahlek888

163 posts

Posted by ahlek888 > 2014-05-26 19:29 | Report Abuse

Wow, why next year then can hit 5?

jolie2

2,039 posts

Posted by jolie2 > 2014-05-26 20:44 | Report Abuse

all the analyst put 5 and above target price for kossan

http://www.theedgemalaysia.com/business-news/291269-hot-stock-kossan-rises-2-on-positive-financials-upgrade.html
normally, analyst target price need about 6 months or more to reach unless the market sentiment is very good.

serge_ng

96 posts

Posted by serge_ng > 2014-05-28 11:09 | Report Abuse

taruk for 1 year better return than FD

zenux

7 posts

Posted by zenux > 2014-05-30 23:24 | Report Abuse

Stock Sense detected hammer candlestick pattern - https://play.google.com/store/apps/details?id=com.shinobi.stocksense.

jolie2

2,039 posts

Posted by jolie2 > 2014-05-31 15:22 | Report Abuse

kossan is shariah compliant. Certain fund managers is start buying kossan. So , buy before it shoot up. Look at Harta, it go-up 20 cents yesterday.

Posted by astana114 > 2014-06-05 18:09 | Report Abuse

shariah not shariah, nobody care. What the shark care is business prospect. So, sell fast since big sharks and directors are selling heavily since 3 months ago.

Posted by astana114 > 2014-06-06 00:22 | Report Abuse

epf buy or sell, does it really implicate anything ? if that is the case, skpetro should be above rm 5 now, mbsb, epf biggest shareholder, should be above 3 now.

nitrile gloves are massively produced by china, it does not require any latex.

if study through their q result, u realise the profit decrease, while supermax decrease in terms of revenue and net profit.

SELL

Hustle

3,615 posts

Posted by Hustle > 2014-06-06 22:15 | Report Abuse

possibly detected pig dna lol.

Posted by manutdchampion > 2014-06-08 12:31 | Report Abuse

should sell kossan now?

skyu

2,497 posts

Posted by skyu > 2014-06-09 13:46 | Report Abuse

Wah, this Jolie must be Kossan Insider. Funds parw down or not, he know, family sell or not alao he knows.

So, jolie2, when can this kossan up ?

skyu

2,497 posts

Posted by skyu > 2014-06-09 13:48 | Report Abuse

I buy 3.88 later, next week, i sell back to u at 4.94 with 100 lots, can? Even if it is rm 4, i still sell u at 3.94.

skyu

2,497 posts

Posted by skyu > 2014-06-09 16:17 | Report Abuse

Jolie2, seems like i have to sell u at 3.780.

jolie2

2,039 posts

Posted by jolie2 > 2014-06-09 18:26 | Report Abuse

Pls sell to me at 3.78 . I will collect it. I'm waiting for it to hit this price.

skyu

2,497 posts

Posted by skyu > 2014-06-10 10:15 | Report Abuse

If this trend like this, 3.68 will come too.

skyu

2,497 posts

Posted by skyu > 2014-06-10 11:21 | Report Abuse

Rm 2 too much, okok, i guess, rm 3.64 this friday.

skyu

2,497 posts

Posted by skyu > 2014-06-10 11:25 | Report Abuse

Lu punya insider got tell u if the bloody ceo still selling?

jolie2

2,039 posts

Posted by jolie2 > 2014-06-10 12:09 | Report Abuse

their agm is on 25/6/14.
Once they approved on the share buy-back, it will start moving up.

LE LE

468 posts

Posted by LE LE > 2014-06-10 12:46 | Report Abuse

Why they want to buy-back?

Tom

2,984 posts

Posted by Tom > 2014-06-10 23:29 | Report Abuse

jolie2, r u an alien or 变态? it seem like u very enjoy to give lots of negative comments all the time... i really enjoy it everytime see ur comments

bsngpg

2,842 posts

Posted by bsngpg > 2014-06-11 07:26 | Report Abuse

Comment from negative side? I like it as long as it is logic. At least it cools down the swollen head. It is much better than Hooray wind blowing people high up till Holland.

In the case of Kossan, I disagree that shareholders played price down to scare retailers. This is not their style if you know LeeKS well.

Pearl1207

61 posts

Posted by Pearl1207 > 2014-06-11 16:12 | Report Abuse

Hi jolie 2, I m newbie..
Is it d time go in now?

Posted by wankongyew > 2014-06-11 16:16 | Report Abuse

Major bleeding today. What's up?

calow1

243 posts

Posted by calow1 > 2014-06-11 18:20 | Report Abuse

What did CEO said?

Hustle

3,615 posts

Posted by Hustle > 2014-06-12 17:06 | Report Abuse

CEO said they want to invest for Brazil start from tonight lol.

tasoke

317 posts

Posted by tasoke > 2014-06-14 04:55 | Report Abuse

sdh ikut Holland tak spain

Posted by andylee1919 > 2014-06-17 10:59 | Report Abuse

Maybe today he said want to invest in Germany after they won 4-0.

akkkwong

98 posts

Posted by akkkwong > 2014-06-17 16:47 | Report Abuse

Jolie2 where are you??????? how come Kossan is bleeding when the stupid supermax CEO simply open his mouth and talk nonsense during the invest msia forum..and yet supermax is doing fine.. where are you Jolie2

Jack Ong

167 posts

Posted by Jack Ong > 2014-06-17 17:58 | Report Abuse

it dropped due to EPF sold off their shares partially ... Don't worry EPF still holding a lot ... Maybe they're trying to pull the price down and accumulated at cheaper price .. =S

fistball

40 posts

Posted by fistball > 2014-06-18 09:30 | Report Abuse

RUbber industry will suffer increase of rubber cost, due to el nino weather effect. I think all rubber shares to hold at the moment.

however, if the price drops further at 3.30, it will bcome attractive to collect.

股语

akkkwong

98 posts

Posted by akkkwong > 2014-06-18 10:01 | Report Abuse

KUALA LUMPUR (June 17): Top Glove Corporation Bhd said its net profit for third quarter to end-May 2014 rose 5.2% year- on-year to RM42.37 million, up from RM40.27 million in the similar quarter a year ago.

“This increase in profit was due to aggressive cost-discipline and cost-optimisation practices, via continuous automation,” said the world’s top glove maker in a press statement.



Read more: http://www.fz.com/content/top-glove-3q-profit-52-yoy-declares-7-sen-dividend#ixzz34x5wrvf0

akkkwong

98 posts

Posted by akkkwong > 2014-06-18 10:01 | Report Abuse

No wonder top glove up up up

skyu

2,497 posts

Posted by skyu > 2014-06-18 10:37 | Report Abuse

Keke. 3.69, here came. Gloves in long term still bearish, oversupply. But, kossan at oversold stage, buy to gamble.

skyu

2,497 posts

Posted by skyu > 2014-06-18 10:38 | Report Abuse

3.70, 150 lots. Lets see how it go.

LE LE

468 posts

Posted by LE LE > 2014-06-18 12:47 | Report Abuse

I bought $3.7 during Dec, I should sell when it touched $4.4 :(

akkkwong

98 posts

Posted by akkkwong > 2014-06-18 13:04 | Report Abuse

風險方面,安聯星展認為成本壓力和價格戰持續是領域的最大潛在挑戰,若手套業者礙於競爭壓力而難以將電費與天然氣售價調漲的額外成本壓力轉嫁給消費者,則可能對業績造成負面衝擊。

akkkwong

98 posts

Posted by akkkwong > 2014-06-18 15:12 | Report Abuse

EMPLOYEES PROVIDENT FUND BOARD
Disposed 12/06/2014 411,200
Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965

Posted by astana114 > 2014-06-18 15:42 | Report Abuse

finished. gamble lose.

jolie2

2,039 posts

Posted by jolie2 > 2014-06-18 16:01 | Report Abuse

down is an opportunity . I seeing money now . Feeling greedy . Waiting to hunt .
Sharp like eagle eyes descends from the sky to attack its prey .
Hungry like a tiger.

LE LE

468 posts

Posted by LE LE > 2014-06-18 16:07 | Report Abuse

What time to enter? $3.3?

akkkwong

98 posts

Posted by akkkwong > 2014-06-18 16:35 | Report Abuse

Enter 2 months ago as what jolie2 been saying...until today jolie2 still sing the same song buy buy, bye2 or buy??


jolie2
After all the bad news, now come the "good" news (apply only to glove industry only)
The "Good" news is that msia will start to have the following health issue
a) middle east respiratory syndrome Coronal Virus, MERS-Cov
b) water borne disease outbreak -- cholera,thypoid .... many cases in klang area was reported due to water ration issue.
c) dengue cases is increasing

So to all cimb, amrearch, ta, kenanga , affin, rhb analyst .... pls write something to push up back the share price

NOW IS THE TIME TO BUYYYYYYYYYYYYYYYYYYYYYYYY after down for more than 1 week. Oversold position already. Time for rebound.

19/04/2014 19:57

Posted by astana114 > 2014-06-18 16:43 | Report Abuse

if tomorrow could not rebound to above 3.70, mean, price stagnant will happen, while selling spree still spreading. bad chart, bad fundamental.

LE LE

468 posts

Posted by LE LE > 2014-06-18 17:01 | Report Abuse

jolie, so what is your target price to buy?

jolie2

2,039 posts

Posted by jolie2 > 2014-06-18 17:16 | Report Abuse

it start seriously dropping since 4.10 when top glove's ceo start talking about oversupply , blah.....
The current price at 3.64 is about 11 % drop from 4.10.
My target price to enter is 3.57 which is about 10% above their bonus issue price at 3.24.

skyu

2,497 posts

Posted by skyu > 2014-06-18 20:04 | Report Abuse

damn.. caught a very sharp falling dagger. cut loss at rm 3.50...

Posted by investest > 2014-06-19 01:43 | Report Abuse

May i know how to calculate the dividend payout, say if i own 1000 unit ?

FINAL DIVIDEND OF 3.5SEN TAX EXEMPT PER ORDINARY SHARE OF RM0.50 EACH FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2013

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