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

KK

1,368 posts

Posted by KK > 2020-08-31 22:34 | Report Abuse

OPR TO CUT BY 25 BASIS POINT FROM CURRENT 1.75% TO 1.50%?
Bank Negara Malaysia (BNM) is expected to make one final 25 basis point (bps) cut in the Overnight Policy Rate (OPR) as early as in the central bank’s next Monetary Policy Committee (MPC) meeting on Sept 10, 2020 in anticipation of an arduous economic recovery path ahead.

Bank Negara to announce opr cut again... that means more retailer money going into Bursa.

SEE_Research

4,626 posts

Posted by SEE_Research > 2020-09-01 02:57 |

Post removed.Why?

DreamKaiser

1,249 posts

Posted by DreamKaiser > 2020-09-01 08:57 | Report Abuse

watch out for our emerging dark horse

DreamKaiser

1,249 posts

Posted by DreamKaiser > 2020-09-01 08:57 | Report Abuse

the kossan stallion

Posted by Maxprofittt > 2020-09-01 10:34 | Report Abuse

Agreed with u @Supersinginvestor. If aneroid going to hit earth. They will built a space ship quietly & leave before got hit.

ismadi

95 posts

Posted by ismadi > 2020-09-01 10:50 | Report Abuse

The quantum leap in Kossan Rubber Industries’ quarterly earnings also did not lift the glove maker to a fresh peak. The stock climbed to an all-time high of RM19.18 on Aug 6 prior to its quarterly results announcement on Aug 25. Kossan’s share price dropped 9.2% or RM1.62 to RM15.98 in August.

ismadi

95 posts

Posted by ismadi > 2020-09-01 10:50 | Report Abuse

Kossan Rubber’s net profit for the first half of the financial year ending Dec 31, 2020 (1HFY20) was sharply higher at RM195.86 million, which is equivalent to 86% of its annual audited net profit of RM227.55 million for FY19. Its earnings per share (EPS) for 1HFY20 stood at 15.31 sen compared with annual EPS of 17.57 sen for FY19.

Kossan

303 posts

Posted by Kossan > 2020-09-01 11:12 | Report Abuse

Global fund managers are buying. They are allowed to buy as this stock has just joined MSCI. Let’s join before too late.

stockraider

31,556 posts

Posted by stockraider > 2020-09-01 13:16 | Report Abuse

Sedia kan payung sebelum hujan mah...!!

The best cansino covid19 vaccine coming & SOLUTION the distributor mah.....!!

This is the finest vaccine in the world mah...!!

Posted by laychee > Sep 1, 2020 1:11 PM | Report Abuse

The truth:

1) We don't need glove as many now. US case dropping (although India's case up, but they are too poor to buy as many gloves at high price).

2) Vaccine will only be here early 2021 in Malaysia (although USA will start populating vaccines end of 2020)

3) What to do between the fall of gloves until the rise of vaccines? Budget 2020 for Malaysia with possible GE15 if budget is not approved by parliament. And US presidential election with 2nd Trump administration as a result.

If you guys want to fight, you need to save your saliva for another 2 months.

BigBladd

268 posts

Posted by BigBladd > 2020-09-01 13:27 | Report Abuse

It is still Sunday in the western hemisphere

BigBladd

268 posts

Posted by BigBladd > 2020-09-01 13:30 | Report Abuse

It is still Sunday in the western hemisphere

menort

1,006 posts

Posted by menort > 2020-09-01 13:58 | Report Abuse

Covid case will rise in September to Winter. Dont sell your share let the intraday and loser sell their share.

Kossan is for a long term investment.

No other company profit every quarter and annual like the big 4 glove in Malaysia now.

Let IB and loser sell their and let foreign investor and our be the majority in this counter.

Posted by super_ah_john > 2020-09-01 15:09 | Report Abuse

hurray

Posted by super_ah_john > 2020-09-01 15:34 | Report Abuse

red red today .....~ green green is coming ...

Observers

152 posts

Posted by Observers > 2020-09-01 18:22 | Report Abuse

Why Kossan and Supermax is red today after joining MSCI ?
Cuz its still Sunday in western world, angmo people all still sleeping or just wake up from their bed now. Tomorrow u all see, All Big 4 Gloves will shoot up like ROCKET and the small 3 Gloves will follow!!!

Posted by mayongzheng > 2020-09-01 20:49 | Report Abuse

WHY WE LOOK INTO SCOMNET ?

CASH FLOW STRONG.

MEDICAL DIVICE INDUSTRY WILL CONTINUE TO EXHIBIT GOOD GROWTH.

MARGIN INCREASE BECAUSE OF DEVICES BIZ.

ZERO BORROWING.

STRONG & RELIABLE MANAGEMENT.

FAMILY OF HSUEH HOLDED 67.67%.

TWO BIG LISTED CAMPANIES SCOMNET'S 大客户 , EDWARDS LIFE SCIENCE AND AMBU.

刚刚签下不久的另一个大客户,MERMAID MEDICAL,再大大刺激订单,FY2020-FY2021 !
(独家分销商!)

转至主板可能性非常高!

现金高达RM50 mil !

零负债!没贷款!

赚副预计从15%至18%!

预料2026年里,心血管设备市场规模会达USD 822 亿!!!

全球由5个主要商参与,其中一个就是SCOMNET的大客户!

FY2020 净利料RM28mil, FY2021 净利RM35 mil!

ON TRACK TO DELIVER RECORD EARNINGS WITH ACCELERATED GROWTH IN EPS OF 59% IN FY2020 & 41% IN fy2021.

STRONG GROWTH CAGR 30%!

Doushan

83 posts

Posted by Doushan > 2020-09-01 21:58 | Report Abuse

@mayongzheng go back to SCOMNET forum okay? I know what your doing your trying to push SCOMNET and hoped it has a chance to limit up twice like IQGROUP..

SEE_Research

4,626 posts

Posted by SEE_Research > 2020-09-01 23:07 |

Post removed.Why?

Apple1234

853 posts

Posted by Apple1234 > 2020-09-02 00:09 |

Post removed.Why?

DBinvest

81 posts

Posted by DBinvest > 2020-09-02 01:29 | Report Abuse

Zzzzzzzzzzzzzzzzzzzzzz Zzzzzzzzzz Zzzzzzzzzz Zzzzzzzzzz Zzzzzzzzzz zzzzzzzzzz Zzzzzzzzzzzzzz_zzzzzzzz zzzzzzzz

Posted by runroadtokl > 2020-09-02 01:51 |

Post removed.Why?

Neptune88

37 posts

Posted by Neptune88 > 2020-09-02 11:35 | Report Abuse

MSCI inclusion, apa sulah jadi

tah mah de

Surewind

292 posts

Posted by Surewind > 2020-09-02 11:56 | Report Abuse

If gt money buy today !

megat36

175 posts

Posted by megat36 > 2020-09-02 12:37 | Report Abuse

no power....even tradeview also give option to sell ifcannot tahan this time...

Neptune88

37 posts

Posted by Neptune88 > 2020-09-02 14:19 | Report Abuse

tradeview ada ciakap sell? ini macam mati liao

amateurJR

2,366 posts

Posted by amateurJR > 2020-09-02 14:24 | Report Abuse

lol today din see joker stockraider.

Neptune88

37 posts

Posted by Neptune88 > 2020-09-02 15:12 | Report Abuse

k.o san liao

K.O

Neptune88

37 posts

Posted by Neptune88 > 2020-09-02 15:13 | Report Abuse

semua tak boleh pakai

jerit-jerit beli sejak 5 minggu lepas semua mengarut

megat36

175 posts

Posted by megat36 > 2020-09-02 16:27 | Report Abuse

I will share a few simple example which I hope can shed some light on making the right decision :


1. If you have substantial position invested in Gloves, you can consider taking 50% profit and ride the balance. This way you can protect your profit and enjoy the potential upside as well without having to run the full risk along the gyrations and volatility.


2. If you do not have a meaningful size in Gloves, you can consider to just continue riding all the way past Bonus issue and into the future quarterly results. This is because your position is small to make a dent in your overall portfolio, there is no harm riding.


3. If you have invested early and sitting on substantial profits (profits you have never experienced in your life), you are contented with the profits and do not want to stomach the risk of gyrations, then please sell all your holdings and enjoy the fruits of your investments.

megat36

175 posts

Posted by megat36 > 2020-09-02 16:28 | Report Abuse

tradeview also advice protect profit if cannot tahan...heart attack la day day red.....

super aloha

1,430 posts

Posted by super aloha > 2020-09-02 17:16 | Report Abuse

tomorrow TG is cheaper then Kossan

Aimhigh

109 posts

Posted by Aimhigh > 2020-09-02 20:56 | Report Abuse

Agree with you, megat36

hksoon

181 posts

Posted by hksoon > 2020-09-02 21:57 | Report Abuse

2/9/2020 China Press reported that vaccsin of Covid19 fr Russia and China may be got some weaknesses, its only could bring about 40% efficiency. 俄羅斯和中國研發疫苗,存有潛在缺陷,由于有關疫苗源自一種許多人接觸過的普通感冒病毒,所以可能只有40%療效。

mf

28,178 posts

Posted by mf > 2020-09-02 23:40 | Report Abuse

Kossan's controlling shareholder trims stake further, disposes of 8.4 million shares
Muhammed Ahmad Hamdan
/
Reuters

September 02, 2020 21:20 pm +08

Observers

152 posts

Posted by Observers > 2020-09-03 00:11 | Report Abuse

https://www.worldometers.info/coronavirus/

Check the above WHO website for daily infected and death. There is no sign the covid is slowing down. US, Brazil, India all 3 countries reported above 1000 death per day for each country. Its scary.

questra

194 posts

Posted by questra > 2020-09-03 00:19 | Report Abuse

Lim family insider selling millions of shares???? Bad news?

Posted by Insiderinfo > 2020-09-03 00:58 | Report Abuse

Lim family sell, kwsp buy.

jibbie

762 posts

Posted by jibbie > 2020-09-03 08:04 | Report Abuse

boss selling. Hmmm

meistsk3134

2,368 posts

Posted by meistsk3134 > 2020-09-03 08:18 | Report Abuse

boss sell we buy la.

Posted by Maxprofittt > 2020-09-03 08:38 | Report Abuse

Epf acquired alot on 26th & 27th.

Posted by findfreedom > 2020-09-03 10:05 | Report Abuse

Congra share price finally overtake harta..

EatThis

267 posts

Posted by EatThis > 2020-09-03 10:15 | Report Abuse

EPF buy more! Up!

megat36

175 posts

Posted by megat36 > 2020-09-03 14:18 | Report Abuse

time to reduce glove...and buy recovery stock...tech,banking,consumer...

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