KOSSAN RUBBER INDUSTRIES BHD

KLSE (MYR): KOSSAN (7153)

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Last Price

2.36

Today's Change

-0.04 (1.67%)

Day's Change

2.35 - 2.42

Trading Volume

11,317,800


19 people like this.

15,950 comment(s). Last comment by Chipee 9 hours ago

jeremylin

231 posts

Posted by jeremylin > 2021-01-13 18:00 | Report Abuse

What a joke, manipulation gao gao.... Profitable company they pressed down the share price... Bolehland

limontea

1,171 posts

Posted by limontea > 2021-01-13 19:07 | Report Abuse

Net Short Position 13-01-2021
HARTA %T.B.A. Open:13.14 Close:13.00
KOSSAN %T.B.A. Open: 4.58 Close: 4.48
SUPERMX %T.B.A. Open: 7.30 Close: 7.11
TOPGLOV %T.B.A. Open: 6.70 Close: 6.63

Net Short Position 12-01-2021
HARTA 1.14% Open:12.42 Close: 13.14
KOSSAN 1.71% Open: 4.42 Close: 4.56
SUPERMX 0.52% Open: 7.20 Close: 7.30
TOPGLOV 2.68% Open: 6.55 Close: 6.68

Net Short Position 11-01-2021
HARTA 1.00% Open:12.68 Close: 12.22
KOSSAN 1.64% Open: 4.58 Close: 4.35
SUPERMX 0.52% Open: 7.20 Close: 7.03
TOPGLOV 2.62% Open: 6.60 Close: 6.43

Net Short Position 08-01-2021
HARTA 0.91% Open:11.00 Close: 12.50
KOSSAN 1.31% Open: 4.08 Close: 4.50
SUPERMX 0.51% Open: 6.16 Close: 7.30
TOPGLOV 2.34% Open: 5.86 Close: 6.50

Net Short Position 07-01-2021
HARTA 0.83% Open:10.64 Close: 10.90
KOSSAN 1.16% Open: 4.02 Close: 4.05
SUPERMX 0.49% Open: 5.90 Close: 6.05
TOPGLOV 1.91% Open: 5.80 Close: 5.80

Net Short Position 06-01-2021
HARTA 0.71% Open:10.70 Close: 10.60
KOSSAN 1.08% Open: 4.05 Close: 4.00
SUPERMX 0.46% Open: 5.95 Close: 5.89
TOPGLOV 1.74% Open: 5.80 Close: 5.76

Net Short Position 05-01-2021
HARTA 0.57% Open:10.56 Close: 10.60
KOSSAN 0.92% Open: 3.98 Close: 4.05
SUPERMX 0.44% Open: 5.59 Close: 5.86
TOPGLOV 1.52% Open: 5.57 Close: 5.72

Net Short Position 04-01-2021
HARTA 0% Open:12.20 Close: 10.48
KOSSAN 0% Open: 4.55 Close: 3.94
SUPERMX 0% Open: 6.02 Close: 5.51
TOPGLOV 0.22% Open: 6.10 Close: 5.50

witan

774 posts

Posted by witan > 2021-01-13 19:21 | Report Abuse

Just look at JP Morgan portfolio

No 1 Holding: suprise2 Top Glove !!! and No 3 Holding Hartalega. Hahaha

They want market to panic so they can collect cheap. Too bad retailers are a lot smarter now.

https://am.jpmorgan.com/hk/en/asset-management/per/products/jpmorgan-malaysia-acc-usd-hk0000055720#/portfolio

Bullrunrun

971 posts

Posted by Bullrunrun > 2021-01-13 19:34 | Report Abuse

JP Morgan wants to buy on dip
But JP Morgan can't succeed

Ron90

4,056 posts

Posted by Ron90 > 2021-01-13 22:25 | Report Abuse

kossan should be above 5.00 in the next few days

Posted by BeastOfTheEast > 2021-01-14 01:54 | Report Abuse

No no no, don't ever succumb to stuppid morron iddiot dikkhedd throw-at-low frenzied monkey panic selling

Posted by BeastOfTheEast > 2021-01-14 01:54 | Report Abuse

All four Big 4 Gloves offer plenty of upside

https://www.thestar.com.my/business/business-news/2021/01/11/all-4-big-glove-stocks-offer-plenty-of-upside-kenanga

Small gloves always follow Big 4 Gloves

CoolBull

3,675 posts

Posted by CoolBull > 2021-01-14 03:21 | Report Abuse

Another minister tests positive

Posted by BilisVeryWorry > 2021-01-14 08:42 | Report Abuse

Soon JPMorgan starts shorting in huge volume. Be very careful

limontea

1,171 posts

Posted by limontea > 2021-01-14 09:31 | Report Abuse

Net Short Position 14-01-2021
HARTA TBA% Open:12.880 Close: TBA
KOSSAN TBA% Open: 4.420 Close: TBA
SUPERMX TBA% Open: 7.010 Close: TBA
TOPGLOV TBA% Open: 6.510 Close: TBA

Net Short Position 13-01-2021
HARTA 1.15% Open:13.14 Close:13.00
KOSSAN 1.77% Open: 4.58 Close: 4.48
SUPERMX 0.52% Open: 7.30 Close: 7.11
TOPGLOV 2.72% Open: 6.70 Close: 6.63

Net Short Position 12-01-2021
HARTA 1.14% Open:12.42 Close: 13.14
KOSSAN 1.71% Open: 4.42 Close: 4.56
SUPERMX 0.52% Open: 7.20 Close: 7.30
TOPGLOV 2.68% Open: 6.55 Close: 6.68

Net Short Position 11-01-2021
HARTA 1.00% Open:12.68 Close: 12.22
KOSSAN 1.64% Open: 4.58 Close: 4.35
SUPERMX 0.52% Open: 7.20 Close: 7.03
TOPGLOV 2.62% Open: 6.60 Close: 6.43

Net Short Position 08-01-2021
HARTA 0.91% Open:11.00 Close: 12.50
KOSSAN 1.31% Open: 4.08 Close: 4.50
SUPERMX 0.51% Open: 6.16 Close: 7.30
TOPGLOV 2.34% Open: 5.86 Close: 6.50

Net Short Position 07-01-2021
HARTA 0.83% Open:10.64 Close: 10.90
KOSSAN 1.16% Open: 4.02 Close: 4.05
SUPERMX 0.49% Open: 5.90 Close: 6.05
TOPGLOV 1.91% Open: 5.80 Close: 5.80

Net Short Position 06-01-2021
HARTA 0.71% Open:10.70 Close: 10.60
KOSSAN 1.08% Open: 4.05 Close: 4.00
SUPERMX 0.46% Open: 5.95 Close: 5.89
TOPGLOV 1.74% Open: 5.80 Close: 5.76

Net Short Position 05-01-2021
HARTA 0.57% Open:10.56 Close: 10.60
KOSSAN 0.92% Open: 3.98 Close: 4.05
SUPERMX 0.44% Open: 5.59 Close: 5.86
TOPGLOV 1.52% Open: 5.57 Close: 5.72

Net Short Position 04-01-2021
HARTA 0% Open:12.20 Close: 10.48
KOSSAN 0% Open: 4.55 Close: 3.94
SUPERMX 0% Open: 6.02 Close: 5.51
TOPGLOV 0.22% Open: 6.10 Close: 5.50

99newbie

238 posts

Posted by 99newbie > 2021-01-14 09:42 | Report Abuse

Now most of the company provide swab test to their employees, the more glove needed

limontea

1,171 posts

Posted by limontea > 2021-01-14 10:29 | Report Abuse

Total Net Short 13-01-2021

HARTA 39,234,223 units 1.15% Open:13.14 Close:13.00
KOSSAN 45,119,908 units 1.77% Open: 4.58 Close: 4.48
SUPERMX 14,133,621 units 0.52% Open: 7.30 Close: 7.11
TOPGLOV 222,976,300 units 2.72% Open: 6.70 Close: 6.63

Abilakh

376 posts

Posted by Abilakh > 2021-01-14 10:29 | Report Abuse

why Kossan always the weakest

Posted by DreamCommander > 2021-01-14 10:47 | Report Abuse

Wow

Posted by DreamCommander > 2021-01-14 10:48 | Report Abuse

So now jp morgan know about health & medical precautions even better than the doctors, eh?

Wow

That's really fantastic, man

Posted by DreamCommander > 2021-01-14 10:58 | Report Abuse

Iddiots

Posted by DreamCommander > 2021-01-14 10:59 | Report Abuse

Dikkhedds

Posted by BountyOfTheBourse > 2021-01-14 11:09 | Report Abuse

jp morgan should be fugkd

Posted by BountyOfTheBourse > 2021-01-14 11:09 | Report Abuse

fugkd good & hard

Posted by BountyOfTheBourse > 2021-01-14 11:10 | Report Abuse

oh yeaah

limontea

1,171 posts

Posted by limontea > 2021-01-14 11:14 | Report Abuse

Global rubber glove shortage to last beyond March 2022
NST - By Azanis Shahila Aman - December 23, 2020 @ 11:41am

KUALA LUMPUR: The global shortage of rubber gloves will last beyond the first quarter of 2022, according to Malaysian Rubber Glove Manufacturers Association.

Margma expects the country's export revenue to hit RM29.8 billion this year with global demand estimated to reach 360 billion gloves.

As for 2021, Margma projects an annual demand growth rate of around 15-20 per cent moving forward with projected export revenue to be RM34 billion in 2021 with global demand set to hit 420 billion pieces of gloves.

limontea

1,171 posts

Posted by limontea > 2021-01-14 11:15 | Report Abuse

Global Rubber Gloves Market Outlook and Forecasts 2021-2026: Outbreak of Pandemic Diseases / Increased Preference for Nitrile Gloves / Growth in Cleanroom Technology
- December 16, 2020 09:23 ET | Source: Research and Markets (The world's largest market research store)

The rubber gloves market by revenue is expected to grow at a CAGR of over 13% during the period 2021-2026.

The global rubber gloves market by revenue is expected to witness 2.1X times the growth during the forecast period. The market is highly competitive, with a high scope for revenue opportunities and market expansion.

The scope for market growth is high with new entrants entering into collaborations and strategic ventures for market expansion activities. Government agencies are also concerned with public safety and are implementing reforms in healthcare and industrial standards that involve maximizing the use of gloves at workplaces. Ethical norms and corporate procedures further act as drivers for the use of gloves.

The momentum for safety gloves is expected to shoot up that can enforce the need for new innovations and developments following the COVID-19 pandemic where the scenario for shortage supply can be more certain owing to the sudden boom.

https://www.globenewswire.com/news-release/2020/12/16/2146280/0/en/Global-Rubber-Gloves-Market-Outlook-and-Forecasts-2021-2026-Outbreak-of-Pandemic-Diseases-Increased-Preference-for-Nitrile-Gloves-Growth-in-Cleanroom-Technology.html

Posted by kitmanworld > 2021-01-14 11:15 | Report Abuse

they blow wind one time is far more effective and better than any of us here added up blow wind.

limontea

1,171 posts

Posted by limontea > 2021-01-14 11:18 | Report Abuse

by Ben Tan
Shorting volumes for today up to now (11am, 2 hours after beginning of trade):

Top Glove: 1,610,000 (11% of total volume)
Hartalega: 695,100 (29% of total volume!!!)
Kossan: 1,672,700 (25% of total volume!!!)

The last few days the short seller has been defending the position on Kossan with their life, because that's the only stock that has actually dropped in price since 31 Dec closing.
14/01/2021 10:57 AM

Posted by SaveMsiaFromPHGov > 2021-01-14 11:23 | Report Abuse

oh dear

Posted by SaveMsiaFromPHGov > 2021-01-14 11:23 | Report Abuse

I heard jp morgan got staff tested positive for covid-19

kl_guy

1,449 posts

Posted by kl_guy > 2021-01-14 11:28 | Report Abuse

JP morgan say no glove during vacination....i think the MO don't want to take risk, still where glove. who knows the candidate might have others sickness others than covid 19.
JP JP want to scare ppl also no need this of reason to scare off investor.

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-14 12:06 | Report Abuse

There are a lot of Call Warrants expiry in this 2 weeks til end of this year ... Syndicates could be the one short selling to push down the share price ... Those involve in Regulated Short Selling could be buying back their shares starting in February 2021 ... Logically, RSS would not buy back their shares right now ...

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-14 12:14 | Report Abuse

*** There are a lot of Call Warrants expiry in this 2 weeks til end of January this year ...

Posted by yjasonng2020 > 2021-01-14 12:30 | Report Abuse

the next warrant expiry is Kossan C8, strike price is 7.25, still very far to make it in the money, unlikely mother price drop due to Kossan C8.

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-14 12:43 | Report Abuse

Have to consider the sentiments cause by others, especially TopGlove, SuperMax n Hartalega ... Kossan tends to follow others, seldom goes by its own trend ...

Allantanks

684 posts

Posted by Allantanks > 2021-01-14 12:49 | Report Abuse

Good luck, shorters.

Posted by Silentreader88 > 2021-01-14 13:58 | Report Abuse

There is only 1% left to short Topglove (4% cap set by Bursa).

Their current shorted average price is RM5.9 for Topglove.

If the price can sustain above RM5.9 before the 4% cap is reached, all short sellers will officially lose money and forced to buy back at higher price

Note that most of the short sellers are foreign investors (scums), and

JP Morgan's clients are mostly foreign investors (scums)


So, for the sake of our local people regardless IB or retailers, let us pray JP Morgan and the gengs end up with LOSS

Allantanks

684 posts

Posted by Allantanks > 2021-01-14 14:03 | Report Abuse

How about kossan?

Ron90

4,056 posts

Posted by Ron90 > 2021-01-14 14:04 | Report Abuse

ya good luck to them, coz how low can they short for counter that has not going up much ah?..only 5% from the bottom pit.

Posted by Sweetchocalates > 2021-01-14 14:33 | Report Abuse

Jp morg tp for kossan is rm 3.80. It's not even far

Posted by Sweetchocalates > 2021-01-14 14:34 | Report Abuse

Kossan is already at the bottom pit

chshzhd

1,908 posts

Posted by chshzhd > 2021-01-14 14:45 | Report Abuse

buy:)

Allantanks

684 posts

Posted by Allantanks > 2021-01-14 15:08 | Report Abuse

pity the shorter. Kossan is their only hope. Lol. The ship is not going to sink. Prepare to buy back ya.

Allantanks

684 posts

Posted by Allantanks > 2021-01-14 15:10 | Report Abuse

Hehe. If only boss share buy back. They are going to panic buy. Lose even more. Kossan is going berserk any time now. The second most shorted company in Malaysia.... Joke

Posted by MuttsInvestor > 2021-01-14 15:12 | Report Abuse

Kossan BOSS ....Is a DAMN strewed Businessman. " Good Luck " if you are trying to "Screw him" .

Allantanks

684 posts

Posted by Allantanks > 2021-01-14 15:21 | Report Abuse

Let them use all the quota lo. 4 percent. Attack at the weakness.

witan

774 posts

Posted by witan > 2021-01-14 15:28 | Report Abuse

Stephane Bancel, CEO of Covid-19 vaccine maker Moderna, warned Wednesday that the virus will be around “forever.”

“SARS-CoV-2 is not going away,” Bancel said during a panel discussion at the JPMorgan Healthcare Conference. Notice that it is at JPMorgan Conference, surely JPMorgan know demand for glove is going to go up.

https://www.cnbc.com/2021/01/13/moderna-ceo-says-the-world-will-have-to-live-with-the-coronavirus-forever.html

JP Morgan realise glove demand is going to increase in upcoming future, no wonder they want to create panic so they can collect low.

AXE666

149 posts

Posted by AXE666 > 2021-01-14 15:32 | Report Abuse

Tansri will sbb later from the shorties and then pump up and let the shorties sell ass later.

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-14 15:47 | Report Abuse

The RSS can short sell up to limit of 4% NOSH ... Let them short sell til close to 4% NOSH, we can starts buying later n hold n wait for them to buy back their shares ... The share price will go up gradually after that ...

Allantanks

684 posts

Posted by Allantanks > 2021-01-14 16:04 | Report Abuse

let Jp panic buy lol.

tamp0i

912 posts

Posted by tamp0i > 2021-01-14 17:06 | Report Abuse

The way I see it... The current attractive price lured me into purchasing more and more shares... Thanks for bottoming it for the opportunity, hehe

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