Forum : Stock: [KOSSAN]: KOSSAN RUBBER INDUSTRIES BHD

Seoul, South Korea (CNN)Five new cases of Middle East Respiratory Syndrome have been confirmed in South Korea and another person has died from the virus, the country's Ministry of Health said Monday.

That brings to 16 the number of deaths attributed to the virus, which is known as MERS.

Out of 150 people who contracted MERS since an outbreak began in South Korea last month, 120 are undergoing treatment, the ministry said.

South Korean health officials this weekend said the outbreak there was slowing, but additional cases were expected.

Meanwhile, Saudi Arabia has recorded five cases of MERS in the past week, the official state-run Saudi press agency said Sunday, citing a weekly Ministry of Health statement.

According to the World Health Organization, the strain of coronavirus that causes MERS was first identified in 2012 in Saudi Arabia.

In Seoul, Samsung Medical Center -- one of the city's hospitals that has counted many of the nation's MERS cases among its patients and visitors -- announced Sunday that it will suspend all surgical procedures except for emergency surgery "to fully focus on responding to MERS."

More than 50 confirmed MERS cases have been traced back to the medical center, according to the center's website.

"We sincerely apologize with our heads bent to the people for causing great concern as Samsung Medical Center became the center (of) the spread of MERS," hospital President Song Jae-hoon said.

Exactly a month ago, a South Korean man walked into a hospital complaining of a cough and fever.

The 68-year-old patient, who had just returned from four Middle Eastern countries, went from facility to facility before getting properly diagnosed. He would become "patient zero" of the country's outbreak.

The outbreak has sparked international concern, shuttered nearly 3,000 schools in South Korea and stalled the country's economy. So far, 2,854 people are under quarantine, according to the Ministry of Health and Welfare.

Many schools were expected to reopen Monday, but at least 440 were expected to remain closed.

South Korean health officials said last week that would be crucial in the battle to contain MERS, as many of those in quarantine were nearing the end of their mandatory isolation period.

tsyjj

226 posts

Posted by tsyjj > 2015-06-17 12:53 | Report Abuse

Keep.......

kwongliang

549 posts

Posted by kwongliang > 2015-06-25 16:43 | Report Abuse

if compared with topglove, i think kossan is overpriced/overvalued....

tsyjj

226 posts

Posted by tsyjj > 2015-06-27 08:59 | Report Abuse

8.0.......

dominoeffects

2 posts

Posted by dominoeffects > 2015-07-03 15:47 | Report Abuse

For long term investment and as a hedge to some riskier portfolio investment, Kossan is worth to consider

MC88

642 posts

Posted by MC88 > 2015-07-22 19:01 | Report Abuse

Kossan is a diamond. Lovely management and solid company. Any blocks let me know ready buyer

tsyjj

226 posts

Posted by tsyjj > 2015-07-22 21:01 | Report Abuse

8.0

UncleLim

119 posts

Posted by UncleLim > 2015-07-30 07:43 | Report Abuse

As the share price marches happily towards RM8, could another corporate exercise to reward shareholders be due soon? Last 2 have been 1:1 Bonus Issues.
They had a 2:1 Share Split 10 years ago.Maybe we are due for another one this year?
As the share base (number of shares) gets bigger, it becomes harder and takes longer to continue to do a 1:1 Bonus Issue.
Simpler would be to do a share split without touching or worrying about the size of the Retained Earnings n Reserves.
A share split merely increases the no. of shares by reducing the par value.Plus it makes the issuance of warrants easier as the warrants exercise price can't be lower than the par value .
So, should the Board of Kossan ask me for my 2 sen, I would humbly advise a 5:2 Share Split (new par value of 20 sen) and 1:5 free warrants.
Then we are all good to go.

Xu Yu Fu

203 posts

Posted by Xu Yu Fu > 2015-08-21 16:12 | Report Abuse

what happen drop so much today?

dominoeffects

2 posts

Posted by dominoeffects > 2015-08-24 16:59 | Report Abuse

Uncle Lim, good idea.

mmllkkyy

80 posts

Posted by mmllkkyy > 2015-08-28 17:25 | Report Abuse

what happen to Kossan today, go up and suddenly drop?

win2win

528 posts

Posted by win2win > 2015-08-30 10:52 | Report Abuse

http://klse.i3investor.com/blogs/rhinvest/82225.jsp

Mohd Fahmi Bin Jaes

28,188 posts

Posted by Mohd Fahmi Bin Jaes > 2015-08-30 14:16 | Report Abuse

When ringgit improve, all topglove, kossan, supeemx will down

taipingbear

809 posts

Posted by taipingbear > 2015-08-30 20:22 | Report Abuse

so how keep or sell ?

Mohd Fahmi Bin Jaes

28,188 posts

Posted by Mohd Fahmi Bin Jaes > 2015-08-31 17:59 | Report Abuse

Still keep

ss20_20

91 posts

Posted by ss20_20 > 2015-10-15 15:44 | Report Abuse

Harta = 1.64B shares,
Kossan = 0.639B shares,
Top Glove = 0.625B shares.
现 Top Glove 宣布红股，股数将成 1.25B shares 了。
我想 Kossan 会不甘示弱也就快跟随派同样 1:1 红股，去到 1.28B shares 了。

wkkht

957 posts

Posted by wkkht > 2015-10-16 14:25 | Report Abuse

http://klse.i3investor.com/files/my/ptres/res32704.pdf

adrian0229

223 posts

Posted by adrian0229 > 2015-10-20 14:08 | Report Abuse

how is the expected q3 result?

tsyjj

226 posts

Posted by tsyjj > 2015-10-20 16:14 | Report Abuse

Sure good....