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

Kossan

303 posts

Posted by Kossan > 2020-08-26 08:57 | Report Abuse

Omg bonus issue.. thanks !!!!!!must buy more

Apple1234

853 posts

Posted by Apple1234 > 2020-08-26 09:16 | Report Abuse

Joyvest: You already say yourself before Kosssn PE70, after result announced PE61. Supermax before result announced PE220,Now PE51. You already have answer, why still want slap your own mounth?

Ninja _07

508 posts

Posted by Ninja _07 > 2020-08-26 09:18 | Report Abuse

WHO chief scientist : Virus plasma treatment still on trial. Experimental therapy results are NOT conclusive!

Apple1234

853 posts

Posted by Apple1234 > 2020-08-26 09:20 | Report Abuse

Supersing: based on current Kossan result, can share how you get RM32.5 target price? Or now you lose le?

Posted by supersinginvestor > 2020-08-26 09:23 | Report Abuse

Look at the results of other.companies all like shiiit. The only sector to.invest next 2 years is gloves baru 3 bulan rally wor

Posted by supersinginvestor > 2020-08-26 09:25 | Report Abuse

apple1234@OKU
I lazy explain to u..
U do ur own research la..
U sell i buy simple..
U dont like kossan u sell.. go buy tg n super..
I will stay here n buy..

Apple1234

853 posts

Posted by Apple1234 > 2020-08-26 09:25 | Report Abuse

Supersing: expert, how you calculate Kossan RM32.5? Before you say Kossan result will bombastic, now? Can explain abit? Master?

Apple1234

853 posts

Posted by Apple1234 > 2020-08-26 09:28 | Report Abuse

Supersing: you know now everyone laugh you? If dont have knowledge, please go learn it.

Posted by supersinginvestor > 2020-08-26 09:33 | Report Abuse

Apple1234@oku
U better not buy kossan ok..
Not good for u wor..
I BUY BUY BUY EASY.
YIPPI BONUS PUN MARI MARI

niubility666

1,108 posts

Posted by niubility666 > 2020-08-26 09:34 | Report Abuse

just ignore this apple. haha

Apple1234

853 posts

Posted by Apple1234 > 2020-08-26 09:46 | Report Abuse

Supersing: Since you know you are so ignorant, please learn more. Invest is no so easy, you totally can't refute me with logic comment. Please, learn it.

niubility666

1,108 posts

Posted by niubility666 > 2020-08-26 09:49 | Report Abuse

glove increased sale price starting from June, don't expect Q2 result to be too good, look forward to Q3 and Q4 please.

Posted by supersinginvestor > 2020-08-26 09:53 | Report Abuse

APPLE1234@OKU.SOHAI.
U FUK OFF FROM HERE GO SUPERMX N TOP GLOVE FORUM la
i top up.kaw kaw tg n kossan yesterday.

Posted by supersinginvestor > 2020-08-26 09:54 | Report Abuse

I buy kossan my target RM32.50...
Go go go...gloves....

Posted by EatCoconutCanWin > 2020-08-26 09:59 | Report Abuse

cincai buy in also earn few hundred.. really TQ to goreng kaki.

Posted by supersinginvestor > 2020-08-26 10:04 | Report Abuse

Goreng kaki good for traders but give headache to fund managers. If u r fund manager u sell gloves n buy what?
Nothing to buy wor. Money market oso shiit..so best buy gloves n relax

johoran

368 posts

Posted by johoran > 2020-08-26 10:07 | Report Abuse

many harta supporter switch to kossan

Posted by supersinginvestor > 2020-08-26 10:10 | Report Abuse

I only buy TG n kossan...in gloves... hit n run hlt...

billionn

731 posts

Posted by billionn > 2020-08-26 10:16 | Report Abuse

Last chance to exit. Run lot

Apple1234

853 posts

Posted by Apple1234 > 2020-08-26 10:17 | Report Abuse

Niubility: current Kossan result selling price increase estimate is 6%.start from June you estimate every month increase how much? 5%? 10%? 20%? The growth you can compare with Topglove and Supermax, who much faster? Think about it. You want wait Kossan slow growth until when? Wait until vaccine success launch to market? Do the research, now Kossan is most expensive compare Topglove and Supermax. Your eyes can see it, is true or fake you know it. Compare each company, which company growth faster, than focus invest it. Why still want fight with market and dont accept the facts?

drago_7

366 posts

Posted by drago_7 > 2020-08-26 10:39 | Report Abuse

I topped up a lot yesterday!.. yummy :D

Posted by supersinginvestor > 2020-08-26 10:41 | Report Abuse

I topped up lot too
Sold all pharma at 6.3 ..dumped into kossan n tg

Posted by supersinginvestor > 2020-08-26 10:47 | Report Abuse

Apple1234@oku sohai
.plz get lost from.kossan. go to ur supermx.. they need u loser there..ur supermx no more power wor..

Raider123

42 posts

Posted by Raider123 > 2020-08-26 10:54 | Report Abuse

All 4g cheap2 buy2

billionn

731 posts

Posted by billionn > 2020-08-26 11:02 | Report Abuse

Wait cheaper lagi in the afternoon

Raider123

42 posts

Posted by Raider123 > 2020-08-26 11:05 | Report Abuse

Now turn to +

Raider123

42 posts

Posted by Raider123 > 2020-08-26 11:05 | Report Abuse

Start make u turn

Raider123

42 posts

Posted by Raider123 > 2020-08-26 11:06 | Report Abuse

Done buy superman

Kevin Tam

528 posts

Posted by Kevin Tam > 2020-08-26 11:06 | Report Abuse

Glove counters still facing correction today n Topglove, Harta n Kossan should continue to drop another 2-4%.... Kossan quarterly profit of 120-130% increase from one year ago still considered as below average quarterly profit, same with Harta below expectation.... Top 4 n Careplus then Comfort considered as expensive or quite expensive even at yesterday closing prices ...

Raider123

42 posts

Posted by Raider123 > 2020-08-26 11:15 | Report Abuse

Top 4 coming now.... All money pump to superman hold till bonus

Apple1234

853 posts

Posted by Apple1234 > 2020-08-26 11:17 | Report Abuse

Supersing: list the logic point come out la? Keep sohai for what? We need solid point, see clear my previous comment, what point is no logic say la. Keep talking sohai, you top up how much. No people interest, say the point. Dont like the pig brain, keep talking you keep dont understand. Say the point to comment a company. Point chinese means 重点。point....

Apple1234

853 posts

Posted by Apple1234 > 2020-08-26 11:20 | Report Abuse

Only Topglove and Supermax can maximize your profit during covid-19. When big 4 correction together, no point choose Kossan, choose the most benefit company to invest. Invest at company value not company share price. Remember, only Topglove and Supermax is most benefit company during covid-19. Accept the facts, dont fight with market.

niubility666

1,108 posts

Posted by niubility666 > 2020-08-26 11:36 | Report Abuse

report 9 this apple.

Raider123

42 posts

Posted by Raider123 > 2020-08-26 11:38 | Report Abuse

Haiyaa apple123 kossan not good result due to mco.next result will be more good. If kossan drop crazy it drag the other 3g. If kossan drop crazy for sure next week I jump to kossan sell my supermax..

jibbie

762 posts

Posted by jibbie > 2020-08-26 11:49 | Report Abuse

steady quarter results. Bonus issue coming

blood7

254 posts

Posted by blood7 > 2020-08-26 12:04 | Report Abuse

Maybank......

Undemanding CY21E PE of 12x; maintain BUY 2Q20 net profit doubled QoQ on a small ASP hike (+3-5% QoQ), higher sales volume (+6% QoQ) and higher operating leverage. We expect its 3Q/4Q net profit to jump 1.5x/2x QoQ respectively as Kossan raises its ASPs aggressively, in order to match that of market. Maintain our earnings forecasts, BUY call and TP of MYR19.50

Apple1234

853 posts

Posted by Apple1234 > 2020-08-26 12:04 | Report Abuse

Niubility: when people comment is logic learn it, if no use throw it.

ravin25

116 posts

Posted by ravin25 > 2020-08-26 12:11 | Report Abuse

Afternoon will rise and shine

Posted by BursaLord168 > 2020-08-26 12:25 | Report Abuse

TOMORROW IS GOLDEN GLOVE DAY!!!!

Energiser

251 posts

Posted by Energiser > 2020-08-26 12:58 | Report Abuse

Apparently Kossan only increased about 5% qoq ASP in June coupled with volume increase therefore this is a commendable result. Imagine what the PAT would look like in Q3 and Q4 when they agressive increase ASP by circa 20% to 40% qoq in addition to the additional new capacity which they have allocated to spot orders with much higher ASP. Add these factors with the 1 for 1 bonus issue factor there is definitely still a lot of upside to the current share price.

joyvest

10,190 posts

Posted by joyvest > 2020-08-26 13:33 | Report Abuse

@Apple1234

Before QR announcement ,PE was 70++ which was undervalued given 134% growth. It should have been at least PE100.

After QR announcement, PE is adjusted accordingly at 60..still it is undervalued in relative comparison with the pre adjusted PE era.

In a nutshell,kosan is undervalued.

_______________________________________________
Joyvest: You already say yourself before Kosssn PE70, after result announced PE61. Supermax before result announced PE220,Now PE51. You already have answer, why still want slap your own mounth?

supermxmx

417 posts

Posted by supermxmx > 2020-08-26 13:35 | Report Abuse

Yahoo News Insider - The CDC quietly modified coronavirus testing guidelines to exclude people who are asymptomatic, potentially limiting our understanding of the true scope of the virus
Business Insider
salarshani@businessinsider.com (Sarah Al-Arshani)
,Business Insider•August 26, 2020

The Center for Disease Control quietly modified its testing guidelines on Monday and no longer requires people who are asymptomatic to get tested for the virus.

Experts are concerned this will hinder our understanding of the true scope of the outbreak in the US.

Last week, the World Health Organization said the virus is mainly being spread by young people who are unaware that they are infected.

In July, the CDC itself said that 40% of people infected with COVID-19 are asymptomatic and that the transmission rate from those who show no symptoms was 75%.

supermxmx

417 posts

Posted by supermxmx > 2020-08-26 13:35 | Report Abuse

No wonder the US covid figures are so low nowadays....... nearly averaging 40% lower at 38K...... It used to be 60-70K...... TRUMP....... he is k***ing alot of people......

Alot of asymptomatic people will go undetected and these are super spreader......

If this keeps going, US covid cases will be there for a longggggggg time!!!

Gaussian

3,001 posts

Posted by Gaussian > 2020-08-26 14:11 | Report Abuse

Apple1234 action is a proof that kossan is great

kens88

698 posts

Posted by kens88 > 2020-08-26 14:35 | Report Abuse

This kind of troll is weird. Just because he/she no money to buy call others not to buy. Can't understand

niubility666

1,108 posts

Posted by niubility666 > 2020-08-26 15:06 | Report Abuse

great wall of 15.00

ckkoon

10 posts

Posted by ckkoon > 2020-08-26 15:40 | Report Abuse

maybank tp still 19.5

BigBladd

268 posts

Posted by BigBladd > 2020-08-26 15:47 | Report Abuse

*Company Results*
*KOSSAN 7153.KLSE*
2Q20: Within Expectations; Blockbuster Earnings Ahead
(BUY; Share Price RM 14.64; Target Price RM 19.50)

_Malaysia Daily, UOBKH Malaysia Research 26.08.2020_

_For full report, kindly pm me or login to www.utrade.com.my_

niubility666

1,108 posts

Posted by niubility666 > 2020-08-26 17:23 | Report Abuse

apple1234 his logic tells us buy what also not worth except supermx and topglov (maybe he bought at 24 and 29)

Raider123

42 posts

Posted by Raider123 > 2020-08-26 17:43 | Report Abuse

5:23 PM
All big 4g go up including ikan bilis... Who buy supermax rm19 sure very happy... Hahaha. 11am told already very cheap buy2... I'm very2 happy buy at low price

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