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

UnkleLim

511 posts

Posted by UnkleLim > 2021-01-19 10:33 | Report Abuse

Hari hari short but hari hari price still the same

beginner

1,278 posts

Posted by beginner > 2021-01-19 10:36 | Report Abuse

let shorties dig their own graveyard, the momentum is building up strongly on gloves, later they will get burned to ashes

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-19 11:09 | Report Abuse

RSS volume for today is increasing, so far total 803,200 shares sold ... I noticed that the RSS are placing at price 4.23, 4.24 n 4.25 ...

MrGlover

247 posts

Posted by MrGlover > 2021-01-19 11:14 | Report Abuse

They have to buy back much lower to make a profit. Good, take all their cheap tickets and get ready for a brilliant Q announcement coupled with divvy. Table will be turned and they start panic cover if they still don't give up by then :p

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-19 11:29 | Report Abuse

RSS sold 890,900 so far ... que lower at 4.22 now ...

UnkleLim

511 posts

Posted by UnkleLim > 2021-01-19 11:32 | Report Abuse

They want to short higher. Meaning they know not much downside. If there’s much downside, they’ll just short all the way down already.

bose00

1,048 posts

Posted by bose00 > 2021-01-19 11:35 | Report Abuse

waiting <4.00

mita29

1,064 posts

Posted by mita29 > 2021-01-19 11:45 | Report Abuse

Yeah theyre waiting retailers to panic sell to lower side then they will buy back to escape the trap.

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-19 11:46 | Report Abuse

I think the RSS syndicates can not short-sell at lower price (buyers price), they can only place sell que at higher price (sellers price) ... They have to sell down by using ordinary shares on hand, can not use borrowed shares (RSS shares) ...

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-19 11:53 | Report Abuse

RSS sold 1,006,200 so far ... place sell que lower at 4.20 now ...

Posted by noobinvestor98 > 2021-01-19 11:57 | Report Abuse

This shxt is undervalued as fuxk, pls tell me what price to enter so I won't be trapped by those RSS shxt

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-19 12:16 | Report Abuse

Those syndicates are burning their borrowed shares (RSS shares) by placing sell que at sellers price n selling down their ordinary shares on hand at buyers price to press down the share price ...

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-19 12:21 | Report Abuse

When no retailers selling their shares, syndicates will stop selling down ...

casanwk

1,496 posts

Posted by casanwk > 2021-01-19 12:23 | Report Abuse

4.10 & 4.15 - hit & run plus minus

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-19 12:32 | Report Abuse

RSS lowest price sold at 4.18 in the morning session ...

MrGlover

247 posts

Posted by MrGlover > 2021-01-19 12:40 | Report Abuse

Wow, they are trying really hard! Keep buying their discount if you have intent to buy. They are like giving out free money... Hahaha

MrGlover

247 posts

Posted by MrGlover > 2021-01-19 12:43 | Report Abuse

Who has latest stats on morning short volume? Were they more aggressive than yesterday?

beginner

1,278 posts

Posted by beginner > 2021-01-19 12:59 | Report Abuse

next q out soon, for now just continue hold and wait for the dividend. also monitoring closely on the rss vol on when shorties gonna close the position

UnkleLim

511 posts

Posted by UnkleLim > 2021-01-19 13:15 | Report Abuse

Can just buy some when rss is near 4%

beginner

1,278 posts

Posted by beginner > 2021-01-19 13:26 | Report Abuse

i already accumulated my required units, later will reinvest div to support more. TP1 RM6, TP2 RM8.50

linheng

1,361 posts

Posted by linheng > 2021-01-19 13:36 | Report Abuse

Posted by MrGlover > Jan 19, 2021 12:43 PM | Report Abuse
Who has latest stats on morning short volume? Were they more aggressive than yesterday?
I monitor at intervals. Kossan become market leader for Gloves. TopGlove and Supermax, no RSS but follow Kossan down. Funny that TG went down more down Kossan. The rest of Gloves like Careplus and Comfort also go down with Kossan leading the pack. See how low they can go. I just buy all the way down

linheng

1,361 posts

Posted by linheng > 2021-01-19 13:39 | Report Abuse

Kossan :
28.7%; 31.94%, 31.5%, 26%, 33.17%, 27.89% and at noon break is 27.0%
Harta :
9.43%, 7.79%; 5.68%; 9.89%; 8.57% and 8.36%

linheng

1,361 posts

Posted by linheng > 2021-01-19 13:41 | Report Abuse

Posted by UnkleLim > Jan 19, 2021 1:15 PM | Report Abuse
Can just buy some when rss is near 4%
UNLIKELY TO REACH ABOVE 3%. TOO DANGEROUS FOR THEM.
TOPGLOVE REACH 2.83% AND THEY ALREADY STOP FOR COUPLE OF DAY.
TOPGLOVE PRICE ON 31 DEC IS $6.12
KOSSAN PRICE ON 31 DEC IS $4.50

linheng

1,361 posts

Posted by linheng > 2021-01-19 13:48 | Report Abuse

LETS HOPE THEY CONTINUE TO SHORT IN THIS LOW MARKET VOLUMN. WE JUST COLLECT SLOWLY.

linheng

1,361 posts

Posted by linheng > 2021-01-19 13:49 | Report Abuse

VOLUMN VERY SMALL TODAY

SteadyT

318 posts

Posted by SteadyT > 2021-01-19 13:51 | Report Abuse

If they continue to short with low market volume, then is it easier or harder for them to manipulate?

UnkleLim

511 posts

Posted by UnkleLim > 2021-01-19 13:58 | Report Abuse

If unlikely to touch 3% meaning it’s coming to end. Kossan already more than 2% of rss

mikeazk

75 posts

Posted by mikeazk > 2021-01-19 14:02 | Report Abuse

short in low market volume is obviously bad la... easier to manipulate..

MrGlover

247 posts

Posted by MrGlover > 2021-01-19 14:08 | Report Abuse

They left hand sell, right hand buy? Also die right. Best is investors take up their cheap tickets lo :p
Not long now. Once they figured out that investors are not going to budge, they will cover their position. Best is BIG BOSS issue big statement on divvy coming. That will scare the shit out of them. Hahaha

MrGlover

247 posts

Posted by MrGlover > 2021-01-19 14:16 | Report Abuse

They are creating so many fake sell queues... -_-"

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-19 14:28 | Report Abuse

RSS sold 1,141,900 shares in the morning session ...

linheng

1,361 posts

Posted by linheng > 2021-01-19 14:30 | Report Abuse

Posted by GoodBoy > Jan 19, 2021 2:26 PM | Report Abuse
RSS sold 1,141,900 shares so far in the morning session ...
MORE THAN A QUATER BUT PRICE ONLY CAME DOWN 2 CENTS

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-19 14:44 | Report Abuse

The actual situation shld be ... Buyers bought 1,141,900 RSS shares in the morning session ... No matter how big were the RSS volume transacted, the share price would not drop ... The share price will drop bcos of ordinary shares sold down by syndicates or retailers ...

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-19 14:47 | Report Abuse

The RSS shares can only be placed at sellers price in order to prevent the share price from going up ...

TRYLUCK88

196 posts

Posted by TRYLUCK88 > 2021-01-19 14:56 | Report Abuse

now shorty a buy vs shorty b sell.

MrGlover

247 posts

Posted by MrGlover > 2021-01-19 14:56 | Report Abuse

Kossan is the only Big 4 that has not gone above Dec 2020 close. I'm of the view that once the short sellers give up, and they WILL, Kossan is gonna move up faster than the other 3. Can't wait! :)

Kossan

303 posts

Posted by Kossan > 2021-01-19 14:57 | Report Abuse

23 Deaths In Norway, 10 In Germany, Shortly After The COVID Vaccination, A Coincidence?

https://m.youtube.com/watch?v=2Bicw9IKC5o

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-19 15:04 | Report Abuse

I guess those syndicates are accumulating ordinary shares from open market now, when they have enuf of bullets they will do RSS on TopGlove n SuperMax again ...

Allantanks

684 posts

Posted by Allantanks > 2021-01-19 15:08 | Report Abuse

Keep attacking kossan ya. Kossan boss where are u?

Allantanks

684 posts

Posted by Allantanks > 2021-01-19 15:33 | Report Abuse

Delicious

MrGlover

247 posts

Posted by MrGlover > 2021-01-19 15:38 | Report Abuse

Hoot9e ah :p

MrGlover

247 posts

Posted by MrGlover > 2021-01-19 15:45 | Report Abuse

Come collect free money for shorties. HUAT AH!!! :)

MrGlover

247 posts

Posted by MrGlover > 2021-01-19 16:32 | Report Abuse

Looks like they are shorting more in afternoon session. Hold tight guys!

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-19 16:39 | Report Abuse

Kossan is holding up very well ... RSS is not going to cause panic here ...

chshzhd

1,908 posts

Posted by chshzhd > 2021-01-19 16:53 | Report Abuse

4.07:)

UnkleLim

511 posts

Posted by UnkleLim > 2021-01-19 17:00 | Report Abuse

Finally something to see

tamp0i

912 posts

Posted by tamp0i > 2021-01-19 17:00 | Report Abuse

26.55% RSS of total volume... Impressive... Looks determined to press down

MrGlover

247 posts

Posted by MrGlover > 2021-01-19 17:04 | Report Abuse

2.7m only, less than yesterday but low volume they can manipulate I guess. Let's see what their average price is later.

Posted by ProsperousRealm > 2021-01-19 17:04 | Report Abuse

oh dear

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