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 3 hours ago

Posted by blackleopard > 2021-01-25 14:14 | Report Abuse

As of 21/Jan/2021
Top Glove still no.1 holding with 9.4% & Hartalega is no.3 holding with 8.10% in JP M Malaysia Fund. No change from end of November until 21/Jan.

Can google search the fund & check it out.

jeremylin

231 posts

Posted by jeremylin > 2021-01-25 14:20 | Report Abuse

No power la kossan, banker chip not fully in yet

Posted by Jonathan Keung > 2021-01-25 14:32 | Report Abuse

Top 4 glove counters in Bursa but always underperform {vs TG, Hartaor Supermax }follow never led.

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-25 14:35 | Report Abuse

Those RSS traders still not give up yet ... don't know what are their game plan ...

MrGlover

247 posts

Posted by MrGlover > 2021-01-25 14:36 | Report Abuse

Shorties put wall at 4.40. Whack it down ah. Whack a bit they will retreat dy :p

covid2019

204 posts

Posted by covid2019 > 2021-01-25 14:52 | Report Abuse

woah epf start buying again...sure kaw kaw this rally..

Posted by Jesselivermore > 2021-01-25 15:26 | Report Abuse

lets go back to rm10

Consultant

1,200 posts

Posted by Consultant > 2021-01-25 15:35 | Report Abuse

Will reach 4.5 soon.. reach 5 tmr.. RM10 in dream

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-25 15:55 | Report Abuse

Amazing, more than 1100 counters bloodbath, those in green are in strong hand n very valuable ...

yingkang87

445 posts

Posted by yingkang87 > 2021-01-25 15:58 | Report Abuse

Insider news - kossan profit went up triple compare last quarter!! dun miss the boat!!

MrGlover

247 posts

Posted by MrGlover > 2021-01-25 16:04 | Report Abuse

Who else not onboard? Better hurry before it takes off :)

Kossan

303 posts

Posted by Kossan > 2021-01-25 16:07 | Report Abuse

Insider news - kossan profit went up triple Is true

MrGlover

247 posts

Posted by MrGlover > 2021-01-25 16:08 | Report Abuse

Any changes on RSS stats for Big 4?

TRYLUCK88

196 posts

Posted by TRYLUCK88 > 2021-01-25 16:11 | Report Abuse

linheng. helppp. let us know when you unload.

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-25 16:13 | Report Abuse

RSS sold volumes for today ... Kossan 0 shares, Hartalega 487,300 shares, SuperMax 9,700 shares,TopGlove 4,800,000 shares ...

chshzhd

1,908 posts

Posted by chshzhd > 2021-01-25 16:15 | Report Abuse

i thought rss que was eaten:)

chshzhd

1,908 posts

Posted by chshzhd > 2021-01-25 16:18 | Report Abuse

at last we win bravo!

MrGlover

247 posts

Posted by MrGlover > 2021-01-25 16:18 | Report Abuse

Yeah, I thought the block was RSS as well. Maybe still selling their own shares. Hmm.

MrGlover

247 posts

Posted by MrGlover > 2021-01-25 16:19 | Report Abuse

Fantastic gain la today. Break 4.50 resistance summore, very good upward momentum liao :)

casanwk

1,496 posts

Posted by casanwk > 2021-01-25 16:23 | Report Abuse

Today tp 450

TRYLUCK88

196 posts

Posted by TRYLUCK88 > 2021-01-25 16:25 | Report Abuse

this is before result is out. so, if result out... no gtee up or down right...bcos mostly discounted.

MrGlover

247 posts

Posted by MrGlover > 2021-01-25 16:30 | Report Abuse

Believe this is because its significantly under value at the moment. Its playing catch up to the other 3 which is already above Dec 2020 closing. Q report, divvy and position cover by shorties not accounted for. :)

Infinite

128 posts

Posted by Infinite > 2021-01-25 16:30 | Report Abuse

Eventually kossan profit will catch up supermax, Kossan output was steady more than Supermax

chkhooju

1,706 posts

Posted by chkhooju > 2021-01-25 16:33 | Report Abuse

Where are the sour grapes and naysayers? Eating their own shit now?

chshzhd

1,908 posts

Posted by chshzhd > 2021-01-25 16:35 | Report Abuse

kossan so gooood today:)

MrGlover

247 posts

Posted by MrGlover > 2021-01-25 16:35 | Report Abuse

How come volume at 4.50 keep going up and down by huge amount? Manipulation? Hahaha

Posted by Silentreader88 > 2021-01-25 16:36 | Report Abuse

Alamak, JPM wrongly choosed sector. hehehe..

You choosed gloves to short = you commit suicide

Now 11++ counters in red, all sectrs are red except gloves. Can imagine how million money can JPM made today IF ONLY he shorted non healthcare, but they stubborn. You JPM deserves this lost for your enviness in gloves stocks. :)

Happy crying to your mom..hehehe

Posted by GeniusTinker > 2021-01-25 16:44 | Report Abuse

Buy Kossan now, it’s undervalue if compare to the other big 3. TA also looks very promising.

TRYLUCK88

196 posts

Posted by TRYLUCK88 > 2021-01-25 16:45 | Report Abuse

I think we let Shorties play their game and we play our game. They are also wage earner ... could be your children.

Infinite

128 posts

Posted by Infinite > 2021-01-25 16:49 | Report Abuse

Kossan output and efficiency are higher than Supermax, the share price are undervalue among top 4

Posted by Wat2Invest > 2021-01-25 16:52 | Report Abuse

Niceee... some big Ang Pow $$ to celebrate CNY~
HUATTT Everyone! (except Shorties, dai sei!)

chshzhd

1,908 posts

Posted by chshzhd > 2021-01-25 16:53 | Report Abuse

all gloves close sui sui today:)

chshzhd

1,908 posts

Posted by chshzhd > 2021-01-25 16:54 | Report Abuse

of course kossan the best today!

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-25 17:03 | Report Abuse

Kossan go up the most in terms of percentage at 7.399% ...

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-25 17:05 | Report Abuse

RSS sold volumes for today from 9:00 am to 5:00 pm ... Kossan 0 shares, Hartalega 551,700 shares, SuperMax 55,900 shares, TopGlove 5,250,000 shares ...

Posted by Silentreader88 > 2021-01-25 17:06 | Report Abuse

now no more gostan and hartalaggard :D hahaha

Posted by kucinghitam > 2021-01-25 17:08 | Report Abuse

see you in one month kossan later i collect untung untung

UnkleLim

511 posts

Posted by UnkleLim > 2021-01-25 17:14 | Report Abuse

Topglove kena RSS so hard to today also can up that much. Not bad

MrGlover

247 posts

Posted by MrGlover > 2021-01-25 17:37 | Report Abuse

@UnkleLim My theory, they going after the leader and hoping that it will influence the rest. But leader defending very strong leh. Kossan still got big gap to catch up with the other 3. Let's hope this kind of momentum will carry on. It's super under value compared to the rest now so good upside potential. Did you top up today? :)

UnkleLim

511 posts

Posted by UnkleLim > 2021-01-25 17:47 | Report Abuse

I top up on Friday when I see kossan not going down RM4 support. Today just watch show only.

Kossan got more upside compare to the others. From RM4.5 to RM5 also more than 10% return. Think about it.

MrGlover

247 posts

Posted by MrGlover > 2021-01-25 17:50 | Report Abuse

Woah, Harta announce Interim Divvy liao. Other Big 4 to follow! Shorties have to close their position quick. Hang in there guys. This is only the start of the bull run! :)

chshzhd

1,908 posts

Posted by chshzhd > 2021-01-25 18:16 | Report Abuse

harta double qoq

Brutus

301 posts

Posted by Brutus > 2021-01-25 18:48 | Report Abuse

Anyone estimate what is Kossan coming QR PAT? I am hoping they hit 0.8B, hence minimum dividend (based on the policy of 30%) based on EPS 31.27, Kossan shareholders can expect 9sen dividend? Based on today's closing price of RM 4.50, that is a 2% DY per quarter = 8% annually.

chshzhd

1,908 posts

Posted by chshzhd > 2021-01-25 19:33 | Report Abuse

PAT should between 0.7-0.9B

MrGlover

247 posts

Posted by MrGlover > 2021-01-25 19:56 | Report Abuse

Closing on high today, and will continue momentum tomorrow! Let's aim to break 50MA first! :)

chtan33

242 posts

Posted by chtan33 > 2021-01-25 20:36 | Report Abuse

5.00 should not be a problem

linheng

1,361 posts

Posted by linheng > 2021-01-25 20:36 | Report Abuse

Anyone estimate what is Kossan coming QR PAT? I am hoping they hit 0.8B, hence minimum dividend (based on the policy of 30%) based on EPS 31.27, Kossan shareholders can expect 9sen dividend? Based on today's closing price of RM 4.50, that is a 2% DY per quarter = 8% annually.
Dividend policy of 30% will be disappointing. Shd be at least 60%

beginner

1,278 posts

Posted by beginner > 2021-01-25 20:55 | Report Abuse

Today kossan is the 2nd among top 4, is very good up already

Brutus

301 posts

Posted by Brutus > 2021-01-25 20:56 | Report Abuse

@linheng, at least Kossan have a policy. The smaller liners do not even have it. Policy is one thing, they can always declare special dividend similar to TG, 50%+20% for their FY21.
Hoping the Lim family to be a bit more generous from now onwards, after all they are the biggest beneficiaries.

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