Posted by Frank Leong > 2013-07-05 11:27 | Report Abuse

Up for 8 days in a row incl. today, a real whopper

Posted by stockcrazy > 2013-07-05 12:00 | Report Abuse

time to go... reached my price within 4 months...surprisingly~~~

Posted by rchi > 2013-07-05 16:13 | Report Abuse

stockcrazy...you are good

Posted by rchi > 2013-07-05 16:14 | Report Abuse

what do you think Hartalega target is?

Posted by stockcrazy > 2013-07-05 21:13 | Report Abuse

rchi, Harta is a good share... i love its earning ability, but i m not able to provide target price due to the stock always hit higher price......

Posted by rchi > 2013-07-05 23:09 | Report Abuse

ok,thanks for sharing.

Posted by seerongzhi > 2013-07-07 01:30 | Report Abuse

how come kossan's NTA so high?

Posted by stockcrazy > 2013-07-07 13:48 | Report Abuse

Base on the stock price risen recently, estimated will have bonus share issue soonest....Bonus 2:3 or 1:2???

Posted by ddd ccc > 2013-07-08 17:01 | Report Abuse

sell at 5.71 today.....28% profit...

Posted by Choo Chii Wen > 2013-07-10 22:34 | Report Abuse

bonus issue??where u got the news?

Posted by Pall Ng > 2013-07-11 17:05 | Report Abuse

Beware. Rubber glove industry downgraded to neutral.
http://klse.i3investor.com/blogs/hleresearch/32877.jsp

Posted by stockcrazy > 2013-07-12 17:12 | Report Abuse

the price oled at its destination... is the time for rest...

Posted by joelee > 2013-07-22 12:56 | Report Abuse

Hi .. is it a good price to buy now ? any advise?

Posted by martiniclub7 > 2013-07-22 14:15 | Report Abuse

i would suggest collecting only at 5.50.

Posted by seanwkc > 2013-07-22 16:15 | Report Abuse

Why does it slip so much ?

Posted by stockcrazy > 2013-07-22 16:16 | Report Abuse

now ored 5.47~~

Posted by Hustle > 2013-07-22 16:16 | Report Abuse

Glove demand reduce due to China use their own locals glove.

Posted by madguy > 2013-07-23 03:07 | Report Abuse

i think they are funding and distribute cash to others sub company .. dont u think so....?? correct me if im wrong ..


The Board of Directors of Kossan Rubber Industries Bhd. (48166-W) (“Kossan”) wishes to announce that it will execute a fresh corporate guarantee of USD 32 million in favour of Co-operatieve Centrale Raiffeisen-Boerenleenbank B.A., Labuan Branch in respect of additional Short Term Advance (STA) of USD 10 million and existing facilities of STA of USD 13 million and Short Term Loan (STL) of USD 9 million. The revised facilities will be extended to the following subsidiaries:

(a) STL to Wear Safe (Malaysia) Sdn. Bhd. USD - 9 million

(b) STA to USD - 23 million

(i) Kossan Latex Industries (M) Sdn. Bhd.

(ii) Perusahaan Getah Asas Sdn. Bhd.

(iii) Wear Safe (Malaysia) Sdn. Bhd.

(iv) Ideal Quality Sdn. Bhd.

The STA can be interchangeably used by each of the four subsidiary stated above subject to a maximum of USD 10 million per subsidiary.

The existing corporate guarantee of USD25million will be cancelled and replace by a fresh corporate guarantee of USD32 million.

The said banking facilities are to part finance capital expenditure and general working capital for the said subsidiaries.

The said Corporate Guarantee will not have any significant effect on the earnings per share, net assets per share, share capital and substantial shareholder’ shareholdings of the Company for the current financial year.

This announcement is dated 22 July 2013

Posted by nicole76 > 2013-07-24 14:03 | Report Abuse

Hartalega - world largest synthetic glove manufacture, Top Glove world largest producer of rubber gloves, Supermax no 1 brand for the glove Supermax in the world. What is Kossan's strength? The investor who wrote the article about Kossan better than Hartalega must be dreaming or just pushing the share up so that they can sell high at rm6.10 now it is nowhere near there again.

Posted by reachabbler > 2013-07-24 15:08 | Report Abuse

I think Kossan is the world largest industrial rubber product and disposable gloves producer.

Posted by victoria > 2013-07-27 22:47 | Report Abuse

any more hope?

Posted by stockcrazy > 2013-08-16 10:22 | Report Abuse

INVESCO HONG KONG LIMITED - Ceasing to be a Substantial Shareholder on 26 July 2013....

Posted by 廖尉妤 > 2013-08-16 11:27 | Report Abuse

It's dropping right now !!

Posted by Stockman > 2013-08-19 15:21 | Report Abuse

It's going up :-)

Posted by lching > 2013-08-19 15:23 | Report Abuse

regret to sell this stock too early, haiiiiiiiiiiiiii

Posted by stockcrazy > 2013-08-23 11:05 | Report Abuse

report will come out next Monday..

Posted by calow1 > 2013-08-23 18:22 | Report Abuse

Solid results brewing.. Stay tuned..

Posted by Lai Kim Chuan > 2013-08-29 17:17 | Report Abuse

this one sibeh kuat lah.... regret not buying at RM4++... nvm, it's coming soon..

Posted by SJaladdin > 2013-08-29 17:22 | Report Abuse

bought at 3.2 last time.. not yet sell. no regrets

Posted by Stockman > 2013-08-30 12:57 | Report Abuse

Not late to buy now :-)

Posted by stockcrazy > 2013-09-03 06:58 | Report Abuse

kossan announced 1 to1bonus share...

Posted by store_program > 2013-09-03 13:59 | Report Abuse

buy not yet announce the exdate. I think around december is the xdate

Posted by stockcrazy > 2013-09-03 16:01 | Report Abuse

no, it will complete the bonus issues in one month...

Posted by tonylim > 2013-09-03 17:36 | Report Abuse

,,

Posted by honeycomb > 2013-09-09 12:38 | Report Abuse

Where do you get the info on bonus issue?

Posted by Tony Tony > 2013-09-13 17:46 | Report Abuse

Kossaan price set to rebound above rm7.00 next week !

Posted by joelee > 2013-09-19 16:57 | Report Abuse

sure rise to RM8.00 NEXT WEEK....

Posted by Eric Tan Koon Ming > 2013-09-19 18:03 | Report Abuse

why so sure ?

Posted by Ozil > 2013-09-19 23:26 | Report Abuse

Ringgit appreciate against the USD the highest since 98 crisis. Tomorrow will be red day for glove shares again :(

Posted by stockcrazy > 2013-09-20 15:34 | Report Abuse

if can touch 5.80 then buy in...

Posted by Tan Siew Ting > 2013-09-29 12:19 | Report Abuse

With weaken USD , it will spell the end of Kossan given that it may give out bonus issue 1 for 1 ?

Posted by Raymond > 2013-10-01 15:29 | Report Abuse

USD near 7 month low .....

http://www.theedgemalaysia.com/business-news/256813-global-markets-dollar-near-7-12-month-low-as-us-govt-begins-shutdown.html

Posted by wahaha > 2013-10-01 17:37 | Report Abuse

Ringgit starts to get strong...

http://klse.i3investor.com/servlets/fdnews/218244.jsp

Posted by fschen > 2013-10-02 09:38 | Report Abuse

Is Kossan going to reach RM8.00?

Posted by ckwan11d > 2013-10-05 20:19 | Report Abuse

I hope so, Tony.

Posted by stockguru > 2013-10-07 17:14 | Report Abuse

will kossan consolidate soon?

Posted by leslieroycarter > 2013-10-17 15:47 | Report Abuse

weakening of USD spell the end of rubber gloves stocks as the cost will be higher given that the raw material rubber will be more expensive n profit margin runs slim.

Posted by SM Petesen > 2013-10-18 13:42 | Report Abuse

this week prices has been like a yoyo - up in the morning and down in the pm.

Posted by kenken85 > 2013-10-22 11:15 | Report Abuse

this meeting on 21/10/13 decided for 1 for 1 bonus right?

Posted by wahaha > 2013-10-22 14:49 | Report Abuse

Ringgit target to get strong soon... not benefits for Glove stocks... becareful

http://www.thestar.com.my/Business/Business-News/2013/10/22/Ringgit-may-touch-310-to-US-dollar-soon.aspx