KOSSAN RUBBER INDUSTRIES BHD

KLSE (MYR): KOSSAN (7153)

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Last Price

1.90

Today's Change

+0.01 (0.53%)

Day's Change

1.89 - 1.94

Trading Volume

2,271,000


19 people like this.

16,087 comment(s). Last comment by ChandranG 2 days ago

stockraider

31,556 posts

Posted by stockraider > 2020-09-10 11:26 | Report Abuse

Must Learn to manage risk loh....!!

By having a Stop Price loh...!!

Posted by Zuliana > Sep 2, 2020 5:44 PM | Report Abuse

stockraider >>>Today whole day meeting, raider very busy loh...!!

Coming out from meeting, notice all the vaccine share price fell loh...!!

All the Gloves share price fell mah...!!

What happen leh ??

Raider sense danger coming loh...!!
If solution collapse below 55 sen, u better lari kuat kuat loh...!!
Don argue & run mah...!!

Very important to take note of this message loh...!!

Just Learn from sohai 3iii, don keep holding...like Padini at Rm 6.00, U lari kuat kuat when share price fall mah...!!

Same applies to Solution...when hit below 55 sen....don argue run loh..!!

If it keep going up & still rebounding....u ride the momentum, the strength & the trend loh...!

newkid

966 posts

Posted by newkid > 2020-09-10 11:46 | Report Abuse

try 50 lots @9.50 if this 480k also can not make some money, then 100% of cyber sifu confirmed all are licking the wound inside the "Cloud".

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-09-10 12:10 | Report Abuse

yahoo....3 days "10%" discount...
who say Kossan never give BI.....
now the chance to buy before official BI.

Now Kossan give you guys/ladies to buy below RM10...
Apa lagi mahu....
Give discount already....Today 3rd Day 10% Discount like Shoppee...

I believe Tomorrow Friday sure go up lo...
Kossan have given 3 days in a row 10% discount.

i believe who dare to collect will reap the biggest reward in the end....
By the time it go back RM13....then only Kossan give official BI..

hahaha

yiqqre

906 posts

Posted by yiqqre > 2020-09-10 12:14 | Report Abuse

There may be a backlash now but the market closes down again.

kl2318

42 posts

Posted by kl2318 > 2020-09-10 12:24 | Report Abuse

The glove play looks over for now. I guess there will be lots of contra losses, margin calls and force selling coming. Hopefully you all managed to make some $$$ in the run up.

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-09-10 12:34 | Report Abuse

yesterday buying 3 round...
today another 3 round..

tomorrow preparing for another 3 round...
...RM8 is definitelly possible

Posted by supersinginvestor > 2020-09-10 12:35 | Report Abuse

If the 4 kings touch this price i will buy bak wat i sold....
Topglove RM5
Supermx RM4
Kossan RM6
Harta RM7

I m.not scaring anyone. Just stating my buy bak price IF is comes there..

stockraider

31,556 posts

Posted by stockraider > 2020-09-10 12:44 | Report Abuse

General Raider already warn u all to becareful much earlier as early as 1st sept mah..!

Posted by stockraider > Sep 1, 2020 8:12 AM | Report Abuse X

U all need to understand why gloves are commodities just like rubber, palm oil and say timber loh...!!

If shortage or when demand exceed supply the price the price will shoot up just like in the case of commodity loh..!!

If u plant palm oil....u need minimum 5 years to harvest.

Rubber u need 7 years to harvest

Timber u need 10 years to harvest mah...!!

Do u know how long to put up a gloves factory leh ??
Ans; 6 mths to 1 year loh...!!

Thus u will be in grave danger, if u do not take action now...to reduce the coming glut risk on gloves loh...!

Every countries & every gloves companies in the world are upping their capacity mah....!!

Alot of harm will be arriving soon mah...!!

Gloves is commodities mah....very easy upping capacity loh..!!

NO HARM TO TAKE PROFIT SOME GLOVES, BUY SOME SOLUTION LOH...!!

JUST IN CASE GLOVES OVER CAPACITY COMING FAST PRICE COLLAPSE LOH...!!

pete tf

539 posts

Posted by pete tf > 2020-09-10 12:45 | Report Abuse

As long as tg n supx do not fly, ko will not climb.

chshzhd

1,908 posts

Posted by chshzhd > 2020-09-10 13:25 | Report Abuse

buy kossan .. :)

gemfinder

6,880 posts

Posted by gemfinder > 2020-09-10 13:32 | Report Abuse

Dun forget fda aprive vacine news not yet out. Kikiki

pang72

50,482 posts

Posted by pang72 > 2020-09-10 13:52 | Report Abuse

Wow...

Today thank you note to Joywest for luring the newbies to buy my ticket on Rm15..

ginlim

39 posts

Posted by ginlim > 2020-09-10 14:04 | Report Abuse

Just 3 days ago, on 7 Sep, Maybank TP on Kossan is RM19.50!
SIGH....

limitupupup

1,466 posts

Posted by limitupupup > 2020-09-10 14:15 | Report Abuse

ini mampus counter d, thanks for contributing to my epf interest

Sneakpeek

2,199 posts

Posted by Sneakpeek > 2020-09-10 14:38 | Report Abuse

If today like this tomorrow friday how?

Sneakpeek

2,199 posts

Posted by Sneakpeek > 2020-09-10 14:40 | Report Abuse

And all these happen without any real vaccine news.. better wait bottom laa tomorrow can get RM 8

chshzhd

1,908 posts

Posted by chshzhd > 2020-09-10 15:12 | Report Abuse

kossan is the cheapest n good value compares to others:)

chshzhd

1,908 posts

Posted by chshzhd > 2020-09-10 15:13 | Report Abuse

just buy n hold for medium to long term ..

chshzhd

1,908 posts

Posted by chshzhd > 2020-09-10 15:14 | Report Abuse

trust the reliable n steady company - KOSSAN

Sami_Value

430 posts

Posted by Sami_Value > 2020-09-10 15:28 | Report Abuse

Kedah under lockdown again , tonight start

Posted by dennisthemenace > 2020-09-10 15:33 | Report Abuse

Holland liao

Posted by chungbang > 2020-09-10 15:36 | Report Abuse

why the price of kossan drops more than topglove and supermax?kossan is the cheapest one among the four companies

Smart2Win

126 posts

Posted by Smart2Win > 2020-09-10 15:41 | Report Abuse

Kossan EGM just 2 weeks away for 1 to 1 bonus. At current price, it is RM 4.70 after EX. Cheap sale, cepat cepat beli.

SithLord

77 posts

Posted by SithLord > 2020-09-10 15:58 | Report Abuse

This is the end my fellow friends. All my friends who invested in glove since March took profit and sold everything already. They said it is gonna drop to RM 6 and then it will rebound. They said only fools will hold on to glvoes stocks now

SithLord

77 posts

Posted by SithLord > 2020-09-10 15:59 | Report Abuse

If you still believe in gloves, sell now protect capital and buy when the market rebound. The signs will come and you will know when to buy again. Ciao

dompeilee

11,887 posts

Posted by dompeilee > 2020-09-10 16:45 | Report Abuse

Bought some Kossan for the first time ever @ 9.42 just now.

BigBladd

268 posts

Posted by BigBladd > 2020-09-10 16:47 | Report Abuse

You are lucky

Posted by dennisthemenace > 2020-09-10 16:50 | Report Abuse

Close at 10

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-09-10 17:04 | Report Abuse

haha....
no worries.....tomorrow another 10% discount.
RM8.30

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-09-10 17:11 | Report Abuse

Once tomorrow RM8.30...
Kossan ..better call off EGM.....no need to announce BI.....
Now at the current price...also like Cibai Like after BI...


See what happen to SuperMax and TopGlove.
after BI.......really Bye Bye.
PAT 400 million for SuperMax OR TopGlove possible PAT 1 Billion......is all Eye Watering.

warchest

1,802 posts

Posted by warchest > 2020-09-10 17:11 | Report Abuse

At present, medical gloves are in great demand, but going forward where is the growth in both ASP and volume post FY21. Is there another leg of growth for the glove industry without any epidemic diseases or pandemic? Slew of companies announced their plans to set up plants to produce rubber gloves, increase their production capacity and lines and many countries announced to ramp-up their glove manufacturing in the next 2-3 years. China and Thailand plans to increase their production of gloves to 100 billion per annum. Will it gradually turn from shortages to gluts in the industry for the next 2 years?

Vaccine or its trials may be delayed or paused but we know that we are going to have a proven commercially viable vaccine as time goes by.

For now, the downside for glove counters is high but upside is limited. So risk is high for the return.

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-09-10 17:40 | Report Abuse

Hope tomorrow will be the last drop and next week Zoom

MasterYoda

975 posts

Posted by MasterYoda > 2020-09-10 17:57 | Report Abuse

Wah today wallop kenyang already ty sellers ke ke ke,tmw plunge again again i wallop ke ke ke,funny lar you all when time to sell you all buy,when time to buy like now you all selling like headless chicken ke ke ke

Posted by vampire555 > 2020-09-10 18:13 | Report Abuse

I wonder kossan tan sri planning to buy back the shares he sold last week? Lol... good 50mil profit in hi pocket

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-09-10 18:20 | Report Abuse

Kossan ..where got same as TopGlove Tan Sri...buy back 2 day in a row while Datuk SuoerMax just buy back today.

Kossan mana ada?

dompeilee

11,887 posts

Posted by dompeilee > 2020-09-10 18:23 | Report Abuse

Still holds 599 mil out of 1279mil...EPF kana...still buying from $12 - $17, increasing their stake from 90 to 96mil...good at losing $$$...as usual =)

dompeilee

11,887 posts

Posted by dompeilee > 2020-09-10 18:26 | Report Abuse

The first time the price broke through to current levels, they only had 64 mil...now they have 96 mil...means 32 mil shares they purchased since late May all losing $$$ lol

Dante5566

398 posts

Posted by Dante5566 > 2020-09-10 18:28 | Report Abuse

Posted by dompeilee > Sep 10, 2020 6:23 PM |

Still holds 599 mil out of 1279mil...EPF kana...still buying from $12 - $17, increasing their stake from 90 to 96mil...good at losing $$$...as usual =)

How do you know EPF still holding this much? Any source?

drago_7

366 posts

Posted by drago_7 > 2020-09-10 18:29 | Report Abuse

Tomorrow massive selling... US market going to crash

rusliasas

69 posts

Posted by rusliasas > 2020-09-10 19:08 | Report Abuse

no correlation la...today our mkt especially gloves being crushed whereby DJ ups 400

Lai3488

44 posts

Posted by Lai3488 > 2020-09-10 19:14 | Report Abuse

the bossy also bz disposing/ dumping shares..

stockraider

31,556 posts

Posted by stockraider > 2020-09-10 19:22 | Report Abuse

General Raider already warn u all to becareful much earlier as early as 1st sept mah..!

Posted by stockraider > Sep 1, 2020 8:12 AM | Report Abuse X

U all need to understand why gloves are commodities just like rubber, palm oil and say timber loh...!!

If shortage or when demand exceed supply the price the price will shoot up just like in the case of commodity loh..!!

If u plant palm oil....u need minimum 5 years to harvest.

Rubber u need 7 years to harvest

Timber u need 10 years to harvest mah...!!

Do u know how long to put up a gloves factory leh ??
Ans; 6 mths to 1 year loh...!!

Thus u will be in grave danger, if u do not take action now...to reduce the coming glut risk on gloves loh...!

Every countries & every gloves companies in the world are upping their capacity mah....!!

Alot of harm will be arriving soon mah...!!

Gloves is commodities mah....very easy upping capacity loh..!!

NO HARM TO TAKE PROFIT SOME GLOVES, BUY SOME SOLUTION LOH...!!

JUST IN CASE GLOVES OVER CAPACITY COMING FAST PRICE COLLAPSE LOH...!!

jeffrey21

42 posts

Posted by jeffrey21 > 2020-09-10 19:35 | Report Abuse

Kossan stand for KO?

investmalysia

1,454 posts

Posted by investmalysia > 2020-09-10 19:57 | Report Abuse

So cheap already no need split la.

Mikecyc

45,527 posts

Posted by Mikecyc > 2020-09-10 20:10 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2020-09-10 20:13 | Report Abuse

No lah General Raider & Sifu calvin had totally opposing views on gloves mah..!!

Posted by Mikecyc > Sep 10, 2020 8:11 PM | Report Abuse

haha conman raider is acting ke .. just see the con show with partner con artist callvvin in Netx and Insas wb with 5000 invested

stockraider

31,556 posts

Posted by stockraider > 2020-09-10 20:17 | Report Abuse

U lose so much on gloves until u out of your mind meh ??

Posted by Mr_Jupiter > Sep 10, 2020 8:14 PM | Report Abuse

mf

28,540 posts

Posted by mf > 2020-09-10 20:37 | Report Abuse

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 150,000 shares on 03-Sep-2020.

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