Posted by limontea > 2021-01-16 14:28 | Report Abuse

Net Short Position 15-01-2021
KOSSAN 1.91% Open: 4.290 Close: 4.220

Net Short Position 14-01-2021
KOSSAN 1.78% Open: 4.420 Close: 4.260

Net Short Position 13-01-2021
KOSSAN 1.77% Open: 4.580 Close: 4.480

Net Short Position 12-01-2021
KOSSAN 1.71% Open: 4.420 Close: 4.560

Net Short Position 11-01-2021
KOSSAN 1.64% Open: 4.580 Close: 4.350

Net Short Position 08-01-2021
KOSSAN 1.31% Open: 4.080 Close: 4.500

Net Short Position 07-01-2021
KOSSAN 1.16% Open: 4.020 Close: 4.050

Net Short Position 06-01-2021
KOSSAN 1.08% Open: 4.050 Close: 4.000

Net Short Position 05-01-2021
KOSSAN 0.92% Open: 3.980 Close: 4.050

Net Short Position 04-01-2021
KOSSAN 0% Open: 4.550 Close: 3.940

**********************************************

Net Short Position 15-01-2021
HARTA 1.22% Open:12.300 Close: 12.200
KOSSAN 1.91% Open: 4.290 Close: 4.220
SUPERMX 0.53% Open: 6.680 Close: 6.700
TOPGLOV 2.80% Open: 6.370 Close: 6.420  

Net Short Position 14-01-2021
HARTA 1.16% Open:12.880 Close: 12.300
KOSSAN 1.78% Open: 4.420 Close: 4.260
SUPERMX 0.53% Open: 7.010 Close: 6.640
TOPGLOV 2.72% Open: 6.510 Close: 6.370

Net Short Position 13-01-2021
HARTA 1.15% Open:13.140 Close:13.000
KOSSAN 1.77% Open: 4.580 Close: 4.480
SUPERMX 0.52% Open: 7.300 Close: 7.110
TOPGLOV 2.72% Open: 6.700 Close: 6.630

Net Short Position 12-01-2021
HARTA 1.14% Open:12.420 Close: 13.140
KOSSAN 1.71% Open: 4.420 Close: 4.560
SUPERMX 0.52% Open: 7.200 Close: 7.300
TOPGLOV 2.68% Open: 6.550 Close: 6.680

Net Short Position 11-01-2021
HARTA 1.00% Open:12.680 Close: 12.220
KOSSAN 1.64% Open: 4.580 Close: 4.350
SUPERMX 0.52% Open: 7.200 Close: 7.030
TOPGLOV 2.62% Open: 6.600 Close: 6.430

Net Short Position 08-01-2021
HARTA 0.91% Open:11.000 Close: 12.500
KOSSAN 1.31% Open: 4.080 Close: 4.500
SUPERMX 0.51% Open: 6.160 Close: 7.300
TOPGLOV 2.34% Open: 5.860 Close: 6.500

Net Short Position 07-01-2021
HARTA 0.83% Open:10.640 Close: 10.900
KOSSAN 1.16% Open: 4.020 Close: 4.050
SUPERMX 0.49% Open: 5.900 Close: 6.050
TOPGLOV 1.91% Open: 5.800 Close: 5.800

Net Short Position 06-01-2021
HARTA 0.71% Open:10.700 Close: 10.600
KOSSAN 1.08% Open: 4.050 Close: 4.000
SUPERMX 0.46% Open: 5.950 Close: 5.890
TOPGLOV 1.74% Open: 5.800 Close: 5.760

Net Short Position 05-01-2021
HARTA 0.57% Open:10.560 Close: 10.600
KOSSAN 0.92% Open: 3.980 Close: 4.050
SUPERMX 0.44% Open: 5.590 Close: 5.860
TOPGLOV 1.52% Open: 5.570 Close: 5.720

Net Short Position 04-01-2021
HARTA 0% Open:12.200 Close: 10.480
KOSSAN 0% Open: 4.550 Close: 3.940
SUPERMX 0% Open: 6.020 Close: 5.510
TOPGLOV 0.22% Open: 6.100 Close: 5.500

Posted by myinvestor > 2021-01-16 14:58 | Report Abuse

Flu vaccines are also administered by health care workers wearing gloves.

In US, Flu vaccines was distributed at average of 190m doses per week.
Week Total Doses Distributed
1/01/2021 192.5 M
12/25/2020 192.3 M
12/18/2020 192.1 M
12/11/2020 190.4 M
12/4/2020 189.4 M
11/27/2020 188.0 M
11/20/2020 186.9 M*
11/13/2020 183.0 M
11/6/2020 179.6 M
10/30/2020 172.3 M
10/23/2020 164.7 M
10/16/2020 154.6 M


https://www.cdc.gov/flu/prevent/vaccine-supply-distribution.htm

Posted by GrowingRich > 2021-01-16 15:33 | Report Abuse

Ahh very good news

Posted by GrowingRich > 2021-01-16 15:33 | Report Abuse

Glove demand expected to remain stable post-pandemic

https://www.thestar.com.my/business/business-news/2021/01/14/stable-glove-demand-seen-post-pandemic

Posted by beginner > 2021-01-16 16:09 | Report Abuse

i bet shorties nearly running out of time, they are getting more desperate now. victory is already around the corner, probably just hold for next week and shorties will have no choice to succumb to their big mistake to cut loss. imagine how much the price gonna up when they need to buy back 48m shares, you might see the history repeat where all glove counters limit up

Posted by linheng > 2021-01-16 16:30 | Report Abuse

I bought 100,000 Kossan at $4.22 using Rakuten Trade between 4.50 to 5.00 PM. Its not recorded in the statement to what I bought earlier. Wonder if there is any problem or if the seller is trying to cancel this transaction with Bursa.
This was my earlier purchase. The 100,000 bought at $4.22 is not added.
15-01-2021 Buy
TB/2021/122054
KOSSAN RUBBER
79,800 - 337,701.38 0.00 0.00 0.00

Posted by RiverOfSilver > 2021-01-16 18:46 | Report Abuse

OMG

Posted by RiverOfSilver > 2021-01-16 18:46 | Report Abuse

Cautious trading expected in Bursa ahead of OPR announcement

https://www.thestar.com.my/aseanplus/aseanplus-news/2021/01/16/cautious-trading-expected-at-bursa-saham-ahead-of-opr-announcement

Posted by RiverOfSilver > 2021-01-16 18:47 | Report Abuse

Habis la itu recovery theme stocks itu semua

Posted by MrGlover > 2021-01-16 20:36 | Report Abuse

Escalating cases wor. So how? Monday limit up ah? Time to hoot9e? :p

Posted by beginner > 2021-01-16 20:43 | Report Abuse

Count on shorties to press down the price, fast make it 3.80. Count on you shorties

Posted by casanwk > 2021-01-16 20:55 | Report Abuse

1 hour chart
Price in triangle
If break below triangle
Price will continue the c wave(bearish)
If break above triangle
Ride the third wave(Elliot)-bullish...
Or continue consolidation?
Monitor closely.....:)

Posted by linheng > 2021-01-16 20:58 | Report Abuse

Sorry, the 100,000 was bought into margin account. Rakuten gives 5X value for Kossan.

Posted by linheng > 2021-01-16 21:02 | Report Abuse

Assuming the monkeys from JP Morgan are right ie TP $3.80, we are already at $4.22. At $4.22, if I keep at least a year, I will get a minimum 40 to 50 cents dividend (A 10% yield will beat FD interest rate flat ) At $4.22 minus $0.50 (Div), my cost is $$3.72 (Cheaper that the JP Morgan monkeys)
Remember before than pandemic, Kossan is above $2.00.
They made special bearings and fenders for ports, ships and buildings in earthquake areas.

Posted by chshzhd > 2021-01-16 22:22 | Report Abuse

for so many years...kossan track records never fail ..

Posted by yingkang87 > 2021-01-16 22:45 | Report Abuse

https://www.klsescreener.com/v2/news/view/779179

Posted by Rainny79 > 2021-01-16 23:26 | Report Abuse

Good news

Posted by Ckk2266 > 2021-01-17 08:08 | Report Abuse

https://guardiamedical.com/blogs/news/u-s-has-major-nitrile-glove-shortage-ahead-of-national-covid-19-vaccinations

Posted by Needmoney > 2021-01-17 09:43 | Report Abuse

Keep long term for dividen and share bonus.

Posted by JuzzyOracle > 2021-01-17 10:28 | Report Abuse

linheng thank you for this enlightening calculation, my cost is slightly above yours, happy to keep this fab counter in the longer term.

Posted by JuzzyOracle > 2021-01-17 10:30 | Report Abuse

Am really disappointed with the impotent shorties. Have been waiting in the sidelines the last two weeks for them to crash this stock so that I can have this one-in-a-lifetime opportunity to binge buy cheap tickets. My ammo is ever ready. This is really boring.

Posted by gemfinder > 2021-01-17 12:12 |

Post removed.Why?

Posted by Mrinvest0r > 2021-01-17 16:43 | Report Abuse

https://klse.i3investor.com/m/blog/GillianTan/2021-01-14-story-h1539323808-Evidence_that_prove_JP_Morgan_s_Jeffrey_Ng_analyst_report_on_Glove_is_i.jsp?fbclid=IwAR0DMF844kODFMtIkL05re14BXVg6y-15Qw_T4fSyW_8l90KuFR-CBr_j3A

Posted by Mrinvest0r > 2021-01-17 16:50 | Report Abuse

WRP factory got burnt

https://www.google.com/amp/s/www.chinapress.com.my/20210116/wrp%25E6%2589%258B%25E5%25A5%2597%25E5%258E%2582%25E5%25A4%25B1%25E7%2581%25AB%25E7%258B%2582%25E7%2583%25A7-%25E4%25BB%2593%25E5%25BA%2593%25E7%25BA%25A650%25E8%25A2%25AB%25E7%2583%25A7%25E6%25AF%2581/amp/

Posted by TRYLUCK88 > 2021-01-17 17:15 | Report Abuse

https://www.nst.com.my/amp/business/2021/01/658136/kossans-gloves-orders-fully-taken-until-end-2021

Posted by TRYLUCK88 > 2021-01-17 17:16 | Report Abuse

Standbyyyyy.

Posted by MrGlover > 2021-01-17 17:25 | Report Abuse

Standby? Hoot or no hoot leh? :p

Posted by TRYLUCK88 > 2021-01-17 17:27 | Report Abuse

hoottttt

Posted by BountyOfTheBourse > 2021-01-17 17:36 | Report Abuse

Something really funny

Posted by BountyOfTheBourse > 2021-01-17 17:36 | Report Abuse

Pfizer CEO has not taken Pfizer vaccine yet

https://www.cnbc.com/2020/12/14/pfizers-ceo-hasnt-gotten-his-covid-vaccine-yet-saying-he-doesnt-want-to-cut-in-line.html

Big question now: Why not???

Posted by limontea > 2021-01-17 17:58 | Report Abuse

Kossan's gloves orders fully taken up until end-2021
By NST Business - January 17, 2021 @ 3:34pm

KUALA LUMPUR: Kossan Rubber Industries Bhd continues to witness strong global glove demand owing to Covid-19 as the company's capacity has been fully taken up until end of 2021, said CSG-CIMB.

Its analyst Walter AW said Kossan had also been receiving orders for the first quarter (Q1) of 2022 and fully filled up its allocation for spot orders, utilising up to 20 per cent of its total capacity, till end of 1Q of this year.

"Kossan has already increased its average selling price (ASP) by 40 per cent quarter-on-quarter (QoQ) in the third quarter of 2020. The demand-led environment will allow it to raise them further," he said in a report.

In a recent briefing recently, he said Kossan was expecting an ASP increase of 50 per cent QoQ in the fourth quarter of 2020 as well as in Q1 of 2021.

https://www.nst.com.my/business/2021/01/658136/kossans-gloves-orders-fully-taken-until-end-2021

"It is not discounting further ASP hikes from the second quarter of 2021 onwards, given that its current ASPs are still below the industry average," said Walter.

He said Kossan was not discounting the possibility of a special dividend on top of its current dividend payout (minimum 30 per cent of net profit) to reward shareholders.

"The possible implementation of interim dividends is on the cards, in line with the recent announcement of its peers, Supermax Corp Bhd and Top Glove Corp Bhd."

He said Kossan's operations had resumed post detection of positive Covid-19 cases after halting 25 per cent of its total production capacity from December 7 to December 31 last year in view of a Covid-19 outbreak among its workers.

"We estimate the capacity loss at 1.5 per cent of Kossan's total annual output, and that the financial impact was minimal. We believe the quantum of its ASP hikes would be more than sufficient to offset the temporary capacity loss during the period."

CGS-CIMB said Kossan would likely retain its strong earnings prospects as it stands to benefit from the favourable supply-dynamics in the glove sector owing to Covid-19.

Posted by BALANCE_VIEW > 2021-01-17 18:19 | Report Abuse

gemfinder .....u r such a moorroon! force labour? Then how about this? Malaysia is a gold mine to them? Only moorroonn will believe the hypocrisy of mat salleh. And just bcos of an old recycle clips, you got excited ! How low can you go ??

https://www.therakyatpost.com/2020/11/04/theres-a-protest-in-banglades...



gemfinder https://klse.i3investor.com/blogs/canadafirst/2021-01-17-story-h153938...
17/01/2021 12:12 PM

Posted by CoolBull > 2021-01-17 18:25 | Report Abuse

Kossan's glove orders fully taken up until 2021

https://www.nst.com.my/business/2021/01/658136/kossans-gloves-orders-fully-taken-until-end-2021

Posted by CoolBull > 2021-01-17 18:25 | Report Abuse

Very good

Posted by CoolBull > 2021-01-17 18:25 | Report Abuse

Excellent

Posted by CoolBull > 2021-01-17 18:27 | Report Abuse

germfinder = shhit stirrer

No need to layan him at all

Posted by jeremylin > 2021-01-17 18:33 | Report Abuse

Sometimes people just like germfinder to spread negativity, dont know what is their motives...

Posted by MrGlover > 2021-01-17 18:48 | Report Abuse

Opinion guys. We've cleared the warrant that's in the money last week. The next expiring warrant has 7.25 exercise. Great news on the order books. Great news on likely interim divvy. Great news on increase ASP for 1H. Things looking good for a great rally from tomorrow?

Posted by FortuneBlooming > 2021-01-17 18:58 | Report Abuse

ha ha ha

Posted by FortuneBlooming > 2021-01-17 18:59 | Report Abuse

Something fishy: Pfizer CEO not jabbing himself with Pfizer vaccine raises big questions

https://www.news18.com/amp/news/buzz/something-fishy-pfizer-ceo-not-getting-his-own-companys-covid-19-vaccine-raises-questions-3182408.html

Posted by Ron90 > 2021-01-17 18:59 | Report Abuse

$5 this week !

Posted by TRYLUCK88 > 2021-01-17 19:24 | Report Abuse

pray all goes well. kossan has been down few days.. no thanks to rss.

Posted by TRYLUCK88 > 2021-01-17 19:28 | Report Abuse

where can we get list of shorter n amt?
jpm buying back tg. how abt kossan?

Posted by limontea > 2021-01-17 19:34 | Report Abuse

THIS FISH IS UNDERCOOKED : FINDING 18x FLAWS IN JP MORGAN'S BEARISH REPORTS ON GLOVES

https://klse.i3investor.com/blogs/pelhambluefund/2021-01-17-story-h1539382363-THIS_FISH_IS_UNDERCOOKED_FINDING_18x_FLAWS_IN_JP_MORGAN_S_BEARISH_REPOR.jsp

Posted by ks5S > 2021-01-17 19:40 | Report Abuse

https://www.jpost.com/israel-news/rabbi-yisrael-lau-infected-with-corona-after-receiving-two-pfizer-doses-655703?traffic_source=Connatix

Posted by ks5S > 2021-01-17 19:58 | Report Abuse

https://www.nst.com.my/business/2021/01/658136/kossans-gloves-orders-fully-taken-until-end-2021

Posted by MrGlover > 2021-01-17 20:05 | Report Abuse

Wow, JPM was misleading innocent investors all along... All in la. Don't let them cover at cheap price!

Posted by chuasetupchua > 2021-01-17 20:26 | Report Abuse

If you can recall, several years ago, AirAsia was shorted from RM 2.00+ to around 70 sen because of a report from Hong Kong that had cast aspersion that Tony was siphoning out money. The share price then rebounded as quickly as it plunged. Another case in point is Wilmar recently.

So let us not fall into the trap of short-sellers. Of course these short sellers have deep pockets and can push price down further but if the fundamentals of these companies are good, it would rise eventually just like AirAsia and Wilmar. It is a game of poker.

What are the fundamentals :-

If TopGlove CEO had said the lead time between order and delivery for some customers is more than 365 days, it does indicate that current world gloves producers are unable to cope with the demand, otherwise, these customers would have been able to source from alternative producers.

Secondly, medical gloves from new producers can't just be approved overnight; there is a series of checks and audits that recipient countries will have to do before they are able to certify them. In other worlds, the barrier of entries for new producers is high I suspect.

Lastly, if my memory serves me right, Hartalega management had said that acute supply shortage will only ease after 2022.

TopGlove and Kossan I am sure are rectifying their respective labour problems as speedily as they can but in the mean time, I doubt the hospitals will take the risk of instructing their medical personal to not wear gloves just because of the on-going issues.

Is the typical greater good decision making; ie., is saving lives more important now or solving labour problems?

I bet saving lives will take priority and management of the hospitals would give the glove producers the room and deadlines to rectify their management lapses.

Posted by Bullrunrun > 2021-01-17 20:30 | Report Abuse

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E5%A4%A9%E7%84%B6%E6%B0%94%E6%88%90%E6%9C%AC%E9%99%8D%E4%BD%8E-%E6%89%8B%E5%A5%97%E5%85%AC%E5%8F%B8%E7%9B%88%E5%88%A9%E7%9C%8B%E6%B6%A8

Posted by Bullrunrun > 2021-01-17 20:33 | Report Abuse

Oders received until year end
Target price RM9.00
BUY call