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

covid2019

204 posts

Posted by covid2019 > 2020-09-03 15:22 | Report Abuse

Usually companies issue bonus because their profits are good and they have to pay by reducing the retained earnings from balance sheet.I wonder why investors are scared. Tesla aand apple did a bonus issue because they realised alot of retail investors are in the markets today then previously. So did top glove, super and kossan.

Bonus issue is another type of dividend for investors and no tax.

super aloha

1,430 posts

Posted by super aloha > 2020-09-03 15:26 | Report Abuse

msci also drop to 13.84....die...

megat36

175 posts

Posted by megat36 > 2020-09-03 22:25 | Report Abuse

tomorrow more blood shed....

megat36

175 posts

Posted by megat36 > 2020-09-03 22:29 | Report Abuse

break support,investor also cabut la covid2019....why bother holding red portfolio when you can buy lower...

joyvest

10,190 posts

Posted by joyvest > 2020-09-03 22:53 | Report Abuse

Wanna my view?

Mabel

23,516 posts

Posted by Mabel > 2020-09-04 00:40 | Report Abuse

Food for Thoughts..

"A bird in hand is better than 3 in the bushes. Gloves earnings is visible to all as its production capacity increases, Ave Selling Prices go up, Spot Pricing percentage increases, and more cases across the world, what with new mutations. Very conservative after tax profit will be around 700 million for next quarter.

Vaccines are still not out yet. Malaysia only involved in re packing and at most maybe can cover half of the 32 m population. How much profit can the company make ? Malaysian Gloves covers almost 60 % of world population of Covid 19 and other purposes. After Phase 3 trials, earliest middle 2021, how many of us are convinced that it is effective and willing to be vaccinated ? Vaccination may be repeated every two years and all these needs Gloves to be used"

I have no issues holding the Fantastic Four. It's part of my motivation to give back after benefiting so much. Will revisit again in next quarter or next year. If got more cash, just top up. Always use your extra money and never on margin. You will be fine..

Covid-19 vaccine is expected to be available in the first or second quarter of next year. Beside Gloves, I’m also entering Pharma sector is because the sector is

1. defensive & stable with good yield
2. high barriers of entry & monopolistic
3. potential for growth

Vaccine and Gloves tend to hedge each other’s. Vaccine is currently at an early stage just like Gloves early this year when Theresa Kok pledged that we are donating 18 million gloves to China to help them to fight the Coronavirus. Every stock has a life cycle. The trick is to catch them before it explodes and rally like we have seen in the Gloves Fantastic Four..

The reason why this sector became hot recently is beyond my expectations. It is not like the vaccine is ready tomorrow or next month. However, from what I read sector has already moved in US, China, Hong Kong, South Korea markets. Hence it is a good to invest in this sector before the market took notice.

Unlike the Gloves which produce for the world market, our Phama sector will not benefit high profit margin since they just distribute the vaccine and not producing it. Besides, Malaysia has a small population. Hence both of these companies will not be bigger in term of revenue like the Gloves Fantastic Four. Hence Mabel will just limit to only one Vaccine company in my collection of 11 HealthCare companies.

Always stay invested!

Meow

DreamKaiser

1,249 posts

Posted by DreamKaiser > 2020-09-04 08:41 | Report Abuse

gloves story is all real

DreamKaiser

1,249 posts

Posted by DreamKaiser > 2020-09-04 08:41 | Report Abuse

vaccine story up to now is all just hype

DreamKaiser

1,249 posts

Posted by DreamKaiser > 2020-09-04 08:42 | Report Abuse

current vaccine run-up is all 100% irrational exuberance

DreamKaiser

1,249 posts

Posted by DreamKaiser > 2020-09-04 11:40 | Report Abuse

waah!

DreamKaiser

1,249 posts

Posted by DreamKaiser > 2020-09-04 11:40 | Report Abuse

up 30 sen!

DreamKaiser

1,249 posts

Posted by DreamKaiser > 2020-09-04 11:41 | Report Abuse

very good

DreamKaiser

1,249 posts

Posted by DreamKaiser > 2020-09-04 11:41 | Report Abuse

excellent

DreamKaiser

1,249 posts

Posted by DreamKaiser > 2020-09-04 11:41 | Report Abuse

well done kossan

DreamKaiser

1,249 posts

Posted by DreamKaiser > 2020-09-04 11:42 | Report Abuse

keep rising

DreamKaiser

1,249 posts

Posted by DreamKaiser > 2020-09-04 11:42 | Report Abuse

congratulations

farid47

84 posts

Posted by farid47 > 2020-09-04 14:28 | Report Abuse

KOSSAN mahal 13 jual kossan beli topglove

kens88

698 posts

Posted by kens88 > 2020-09-04 14:49 | Report Abuse

After come back from lunch all come and throw ticket?

Apple1234

853 posts

Posted by Apple1234 > 2020-09-04 15:21 | Report Abuse

https://www.klsescreener.com/v2/news/view/723891

Invest at strong engine company like Topglove and Supermax.

megat36

175 posts

Posted by megat36 > 2020-09-04 17:12 | Report Abuse

topglove better....kossan break all support

jujubeX

21 posts

Posted by jujubeX > 2020-09-04 17:36 | Report Abuse

Stim shortwhile only already premature ejaculate

Cannot play liao la gloves , too many ppl waiting to lock / take profits .

kens88

698 posts

Posted by kens88 > 2020-09-04 18:10 | Report Abuse

IB say throw, everybody throw.

IB say buy everybody throw also.

How people invest nowadays?

anthonytkh

1,802 posts

Posted by anthonytkh > 2020-09-04 18:26 | Report Abuse

kens88, retailers never invest nowadays. Wait until Oct-Nov

menort

1,006 posts

Posted by menort > 2020-09-04 18:42 | Report Abuse

Do kossan also want to follow topglove and supermax share spilt?

jujubeX

21 posts

Posted by jujubeX > 2020-09-04 18:45 | Report Abuse

look c look c enough liao lor

hglee101

168 posts

Posted by hglee101 > 2020-09-04 19:07 | Report Abuse

What do you expect, kossan boss interested to sell share to make money instead of support share price

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-09-04 20:01 | Report Abuse

(莫斯科4日讯)俄罗斯工业和贸易部长曼图罗夫指,该国第一款新冠肺炎疫苗,计划下月起大规模生产,并于明年开始每月生产数百万剂。

综合媒体报导,俄罗斯正研发多款疫苗,其中由莫斯科“加马列亚”流行病与微生物学研究所研发的一款疫苗,目前处于后期研发阶段,且已向当局申请注册。

曼图罗夫于当地时间周一称:“我们预计于9月开始量产,每月可生产数十万剂,最终在明年初起增至每月数百万剂”。这款疫苗属“病毒载体疫苗”,是利用其他病毒携带脱氧核糖核酸(DNA),借此引发细胞的免疫反应。



据报,上述疫苗测试是由俄罗斯直接投资基金(RDIF)所资助,其首席执行员德米特里耶夫表示,预计疫苗可于10天内完成注册,“若然成事,我们将是全球首款注册的新冠肺炎疫苗,早于美国及其他国家”。

而另一款由位于西伯利亚的国家病毒学和生物技术研究中心研发的疫苗,正进行临床测试,另有两款疫苗将于未来两个月内进行人体测试。

Apple1234

853 posts

Posted by Apple1234 > 2020-09-04 22:10 | Report Abuse

Hglee101: my suggest is learn to do research and compare each glove company, invest at strong engine faudemental company, invest at company value not share price. Most strong engine faudemental company during covid-19 is Topglove and Supermax. Topglove September result estimate will around 1.2b-1.5b net profit. Think about it, before covid-19 Topglove one quarter earn 100 mil, if September announced result hit 1.2b, 100mil to 1.2b growth 12x one quarter, so share price should follow up 12x? Try to compare with Kossan, Topglove is expensive or Kossan is expensive? Topglove growth faster or Kossan growth faster? Accept the facts and become smart investor. You should have answer.

Jiasaihooi

336 posts

Posted by Jiasaihooi > 2020-09-04 23:24 | Report Abuse

WHO says widespread coronavirus vaccinations are not expected until mid-2021

The organization is stressing the importance of rigorous checks on their effectiveness and safety.

None of the candidate vaccines in advanced clinical trials so far has demonstrated a “clear signal” of efficacy at the level of at least 50% sought by the WHO, spokeswoman Margaret Harris said.

https://www.cnbc.com/2020/09/04/who-says-widespread-coronavirus-vaccinations-are-not-expected-until-mid-2021-.html

kens88

698 posts

Posted by kens88 > 2020-09-04 23:57 | Report Abuse

Kossan directors almost never sell their shares in this amount for a very long time.

Need to understand this. They take some profit is totally acceptable.

And based on broader market sentiments hard to see that even if he buy a lot also no use

Example karex and rubberex director buy a lot share price also didn't go up much although gave investors confidence.

If the stock is good then you need to hold. This is not penny share company even before covid

Mabel

23,516 posts

Posted by Mabel > 2020-09-05 09:04 | Report Abuse

The end to a rather hectic week. Not many flourished this week as we witnessed the bonus issue of Mabel Gloves TOPGLOV and SUPERMX. Surely their corporate action has rocked the healthcare sector in general which saw things generally go sideways. I believe once all the investors have digested this price action, there will be more significant movements next week. US markets made deep corrections last night which saw the stock market, crude oil and gold all made tremendous drops which has no doubt affected our market in a way or two. With that said, I hope all of you made it through the week well as we seek for a better week next Monday.

Meow..

DickyMe

14,638 posts

Posted by DickyMe > 2020-09-05 09:08 | Report Abuse

Lousy products flourish during mad rush. Reality grounds them to check their intrinsic value.

mf

28,178 posts

Posted by mf > 2020-09-05 11:01 | Report Abuse

*Maybank IB Share Margin Valuation (Latest Revision)*
_The ceiling price for rubber gloves counters effective 4th Sep 2020_

Comfort @ RM3.42
Harta @ RM10.52
Kossan @ RM7.87
Ruberex @ RM2.21
Supermx @ RM3.57
Topglov @ RM6.00

**_The valuation will be based on the ceiling price or last closing price, whichever lower._

pang72

49,699 posts

Posted by pang72 > 2020-09-05 15:21 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2020-09-05 15:25 | Report Abuse

Remember to set a stop to protect your sohai gloves profit or cut your losses short mah...!!

Just be prudent mah...!!

stockraider

31,556 posts

Posted by stockraider > 2020-09-05 15:28 | Report Abuse

Raider just do not want u to be over confident like sohai 3iii, still holding Padini at Rm 6.00 mah...!!

Always protect your profit or cut your loss short mah...!!

If momentum are there just go for the flow loh..!!

pang72

49,699 posts

Posted by pang72 > 2020-09-05 18:14 | Report Abuse

Sohai lose till pant drop in glove.
It will Continue to drop.
The boss tan Sri Lim is earned till xiao.... For selling so many stockd

pang72

49,699 posts

Posted by pang72 > 2020-09-05 18:15 |

Post removed.Why?

pang72

49,699 posts

Posted by pang72 > 2020-09-05 18:36 |

Post removed.Why?

pang72

49,699 posts

Posted by pang72 > 2020-09-05 18:37 | Report Abuse

... I3 is not your mother company...

It is free to talk...

F.... Yr ass.

pang72

49,699 posts

Posted by pang72 > 2020-09-05 18:38 |

Post removed.Why?

pang72

49,699 posts

Posted by pang72 > 2020-09-05 18:39 |

Post removed.Why?

pang72

49,699 posts

Posted by pang72 > 2020-09-05 18:43 |

Post removed.Why?

pang72

49,699 posts

Posted by pang72 > 2020-09-05 18:44 |

Post removed.Why?

pang72

49,699 posts

Posted by pang72 > 2020-09-05 18:57 | Report Abuse

supersinginvestor Pang72 the 72 means how many times the share market fuk.him in the assshol
05/09/2020 5:02 PM

TYPICAL LOSER ACTION OF COMPLAINING PEOPLE

pang72

49,699 posts

Posted by pang72 > 2020-09-05 19:29 | Report Abuse

I don't harta sing you. Please read back the post. It is you to harrasing me...

Wake up

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