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 7 hours ago

tamp0i

912 posts

Posted by tamp0i > 2021-01-17 21:01 | Report Abuse

The more you dip the fiercer I buy... Come

beginner

1,278 posts

Posted by beginner > 2021-01-17 21:02 | Report Abuse

If not because of rss where got such good price, buy before rss is closed. Don't miss this golden chance, recall what happened last year march mco

beginner

1,278 posts

Posted by beginner > 2021-01-17 21:03 | Report Abuse

I will load more when price drop since we knew shorties will recover later, this is like 100% win game

chshzhd

1,908 posts

Posted by chshzhd > 2021-01-17 21:48 | Report Abuse

TA Securities gives KOSSAN lowest forward PE & highest forward dividend yield:)

99newbie

238 posts

Posted by 99newbie > 2021-01-17 22:10 | Report Abuse

Please don’t sell lower make those people who sell short happy and gains

Posted by FortuneBlooming > 2021-01-17 22:26 | Report Abuse

ha ha ha

Posted by FortuneBlooming > 2021-01-17 22:26 | 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 FortuneBlooming > 2021-01-17 22:26 | Report Abuse

What a big joker

Posted by FortuneBlooming > 2021-01-17 22:44 | Report Abuse

What a jerk

flyby

76 posts

Posted by flyby > 2021-01-18 07:15 | Report Abuse

What we're seeing is:
Short and distort (S&D) which refers to an unethical and illegal practice that involves shorting a stock and then spreading rumors in an attempt to drive down its price.
S&D traders manipulate stock prices conducting campaigns to drive down the price of the targeted stock.
A short-and-distorter's scheme can only succeed if the S&D trader has some degree of credibility.
A 'short and distort' is the inverse of the better known 'pump and dump' tactic.

Please note that this activity is illegal and should be reported to Bursa.

The other half is the accumulation that is going on unnoticed. Down he wins now. Up he wins later.

flyby

76 posts

Posted by flyby > 2021-01-18 07:21 | Report Abuse

An S&D trader's main goal is to profit by shorting a stock prior to smearing the stock publicly. The theory is that frightening the stock's investors will cause them to flee en masse, thereby causing a decline in the stock's price. A short-and-distorter's scheme can only succeed if the S&D trader has credibility.

flyby

76 posts

Posted by flyby > 2021-01-18 07:30 | Report Abuse

EPF should also be notified that it may be lending its stocks for illegal activities.

flyby

76 posts

Posted by flyby > 2021-01-18 07:37 | Report Abuse

Unscrupulous S&D tactics can leave investors holding the bag. Fortunately, high-quality stock reports are relatively easy to spot and needn't be confused with stock manipulator's dramatic, false claims. Keep your cool when analyzing a stock, and avoid getting caught up in online hype.

JN88

11,670 posts

Posted by JN88 > 2021-01-18 07:59 | Report Abuse

JP Morgang Directors have a emergency meeting just now....Insider news...they will use all fund in Malaysia to buy back all shares number they shorted..... they need to cut losss.....congrats all you all win already.....

AXE666

149 posts

Posted by AXE666 > 2021-01-18 08:04 | Report Abuse

Hopefully shorties been whack today.

Posted by Newbaby1412 > 2021-01-18 08:33 | Report Abuse

Today limit down.......

Posted by lavenderong > 2021-01-18 08:36 | Report Abuse

If investors know the value, then do not sell to shorties. It's common sense. Many over here has also short and waiting to buy back. Are you giving them a chance?

MrGlover

247 posts

Posted by MrGlover > 2021-01-18 09:09 | Report Abuse

Looks like they are buying back! Grab cheap tickets ah!!! :)

omione

118 posts

Posted by omione > 2021-01-18 09:19 | Report Abuse

**********

SUPERMAX: WILL IT BE TAKEN PRIVATE?

https://klse.i3investor.com/blogs/sts/2021-01-17-story-h1539383454-SUPERMAX_WILL_IT_BE_TAKEN_PRIVATE.jsp

MrGlover

247 posts

Posted by MrGlover > 2021-01-18 09:24 | Report Abuse

Keep pushing, don't let them buy cheap tickets. Hahaha

jeremylin

231 posts

Posted by jeremylin > 2021-01-18 10:18 | Report Abuse

Only kossan up compare to others

MrGlover

247 posts

Posted by MrGlover > 2021-01-18 10:27 | Report Abuse

@jeremylin Time to HUAT again ah :p

Bullrunrun

971 posts

Posted by Bullrunrun > 2021-01-18 10:32 | Report Abuse

Buy

target price RM9.00

Kossan

303 posts

Posted by Kossan > 2021-01-18 10:45 | Report Abuse

Pfizer vaccine halted in China

https://www.globaltimes.cn/page/202101/1212915.shtml

linheng

1,361 posts

Posted by linheng > 2021-01-18 10:49 | Report Abuse

No more big sellers to block price advanced. If Supermax results this coming Q is good, another upward ran and the short sellers have to cover the outstanding 2%

MrGlover

247 posts

Posted by MrGlover > 2021-01-18 10:57 | Report Abuse

Kossan is way undervalued considering that its price didn't increase as much as the other 3 big boys. They were a laggard in increasing ASP as well. There are no blockers on warrant front coz the next one due 29th Jan has an exercise price of RM7.25! Hell, we can ride the wave until RM7 before IB starts doing their thing.
Current price 4.30 until 7.00! A lot of room for big gains lo! HUAT AH!

99newbie

238 posts

Posted by 99newbie > 2021-01-18 11:06 | Report Abuse

Please don’t sell lower price make happy to those people sell short

Posted by JL_longman > 2021-01-18 12:10 | Report Abuse

Hold on to your stocks :)

UnkleLim

511 posts

Posted by UnkleLim > 2021-01-18 12:47 | Report Abuse

Big selling queue. JPM starting their show?

jeremylin

231 posts

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

Boleh land, land of wonders.. Profitable company P/E only mere 20 or lower. Non profitable company goreng until 100. Hebat

UnkleLim

511 posts

Posted by UnkleLim > 2021-01-18 13:07 | Report Abuse

Only in Malaysia

Bullrunrun

971 posts

Posted by Bullrunrun > 2021-01-18 13:21 | Report Abuse

Korean Q 4 results surge 1000%
Target price RM 9

MrGlover

247 posts

Posted by MrGlover > 2021-01-18 13:29 | Report Abuse

@UnkleLim They smell blood coz overall market sentiment bad. Why jam the queue instead of short la. They panic don't know what to do meh? This is the time to inverse their strategy. Buy their cheap tickets and break their artificial resistance. :p

chshzhd

1,908 posts

Posted by chshzhd > 2021-01-18 14:22 | Report Abuse

come on .. short more..:)

Kossan

303 posts

Posted by Kossan > 2021-01-18 14:38 | Report Abuse

From the Edge

In its filing with the bourse, Kossan said it saw improvements in all three of its divisions, namely the gloves, technical rubber products (TRP) and cleanroom business segments.

The gloves division achieved 671% growth in pre-tax profit to RM416.65 million.

The TRP division recorded a 19% increase in pre-tax profit, as the division had resumed full operations since the lockdown imposed under the Movement Control Order (MCO), while also seeing a rebound in deliveries in the infrastructure segment.

The cleanroom division’s pre-tax profit soared 1,132% to RM10.19 million, as demand for the division’s products increased as a result of the Covid-19 pandemic.

Posted by EatCoconutCanWin > 2021-01-18 14:39 | Report Abuse

TP1.50

Kossan

303 posts

Posted by Kossan > 2021-01-18 14:41 | Report Abuse

To all short sellers. Please read below from The Edge

Looking ahead, the group noted the exponential growth in demand for personal protective equipment due to the pandemic and said demand continues to exceed supply in its gloves division.

“The increase in average selling price has started to be reflected in the current quarter, and the group expects further significant upward price adjustments on a quarter-on-quarter basis in 4QFY20,” said the group.

tamp0i

912 posts

Posted by tamp0i > 2021-01-18 14:45 | Report Abuse

Again, today under heavy RSS (27.68% RSS of total volume) as of 2.45pm but price continue to climb up, I wonder how are the shorties feeling...

beginner

1,278 posts

Posted by beginner > 2021-01-18 15:16 | Report Abuse

On 15/1/2021, total net short vol 48,632,308, just sit patiently and wait the buy back, limit up any second when the buy back kicks off

UnkleLim

511 posts

Posted by UnkleLim > 2021-01-18 15:23 | Report Abuse

UnkleLim bought 20k shares waiting for jpm to buy back at higher price.

super_newbie

1,261 posts

Posted by super_newbie > 2021-01-18 15:33 | Report Abuse

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

Spot order allocation increase to 20%.
FY2020Q3 estimated Blended ASP = USD35
FY2020Q4 ASP +50% QoQ
FY2021Q1 ASP +50% QoQ

Current market cap RM10.9b. Estimated FY2021 NP = RM3.5b-RM4.0b# 3-years return?

UnkleLim

511 posts

Posted by UnkleLim > 2021-01-18 15:40 | Report Abuse

2021Q1 ASP is 2020Q3 double

SteadyT

318 posts

Posted by SteadyT > 2021-01-18 15:49 | Report Abuse

Someone is defending Kossan. Shorties couldn't make a dent

Kossan

303 posts

Posted by Kossan > 2021-01-18 15:53 | Report Abuse

So you know why Kossan and glove counters are on rising trend?
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

UnkleLim

511 posts

Posted by UnkleLim > 2021-01-18 15:54 | Report Abuse

RIP JPM

casanwk

1,496 posts

Posted by casanwk > 2021-01-18 16:06 | Report Abuse

Shortie is trying to sell high! No intention to push it lower

UnkleLim

511 posts

Posted by UnkleLim > 2021-01-18 16:14 | Report Abuse

Should sell at 4.5 and above then

Posted by FortuneBlooming > 2021-01-18 16:21 | Report Abuse

ha ha ha

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