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 1 hour ago

Posted by Jesselivermore > 2021-01-27 10:08 | Report Abuse

hahaa see mr glover. knew it.

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-27 10:11 | Report Abuse

RSS sold volumes for today from 9:00 am to 10:00 am ... Kossan 0 shares, Hartalega 50,900 shares, SuperMax 28,100 shares, TopGlove 580,400 shares ...

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-27 10:16 | Report Abuse

Those IBs could be doing their dirty job by trying to lower the share price again ... Today is the last day (27/01/2021) of price fixing for their Call Warrants expiring on 29/01/2021 ...

Brutus

301 posts

Posted by Brutus > 2021-01-27 11:10 | Report Abuse

@GoodBoy, my queue is ever ready for them to drop today! Good time to pick up!

Ron90

4,055 posts

Posted by Ron90 > 2021-01-27 11:13 | Report Abuse

except TG, other drop merely due to dumping stock activity, some more not worth to short at this level..low already. RSS only best to execute when price high. RSS and sharks, IB.. same player la.

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-27 11:30 | Report Abuse

@Brutus, buy on dips strategy may works well ... cheers ...

Posted by Jesselivermore > 2021-01-27 12:21 | Report Abuse

Goodboy, those warrants expiring on 29th mostly are already worthless. Don't think it is the MM

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-27 12:34 | Report Abuse

We may hv to look at all the warrants under the BIG4 gloves counters as a whole ... Bcos, the BIG4 gloves counters always move together n will pull along the SMALL3 gloves counters ...

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-27 12:36 | Report Abuse

RSS sold volumes for today from 9:00 am to 12:30 pm ... Kossan 0 shares, Hartalega 98,600 shares, SuperMax 101,600 shares, TopGlove 975,000 shares ...

MrGlover

247 posts

Posted by MrGlover > 2021-01-27 12:42 | Report Abuse

@GoodBoy Yeah, I think the main aim is TG. All 4 move up or down together. Can't wait for Supermax and Kossan Q report. TG still some time away.

jeremylin

231 posts

Posted by jeremylin > 2021-01-27 12:46 | Report Abuse

Up one day, drop 2 days...why la?

TRYLUCK88

196 posts

Posted by TRYLUCK88 > 2021-01-27 12:48 | Report Abuse

always TG targeted RSS. even at current 6.10+. means it can go below 6 for buyback. then oth 3 also how? will follow wor.

Posted by Jesselivermore > 2021-01-27 13:32 | Report Abuse

guys, i still dont understand. the uptick rule is RSS is preventing short sellers to sell at market. but prices are still dropping. Why are we blaming the RSS? Must be someone who has the stocks on hand and keeps dumping them, eg. directors/insiders?

casanwk

1,496 posts

Posted by casanwk > 2021-01-27 13:47 | Report Abuse

Park at 411
(Fractal pattern by mandelbrot

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-27 13:47 | Report Abuse

Whoever block with RSS will do selling down as well, it takes 2 to tango lar... The trend will cause retailers to panic sell...

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-27 13:50 | Report Abuse

Then, RSS keep quing at lower price ...

MrGlover

247 posts

Posted by MrGlover > 2021-01-27 13:53 | Report Abuse

Warrants about to expire on 29th Jan that is in the money, 3 for TG, 2 for Harta, 2 for Supermax and 1 for Kossan. Correct?

TRYLUCK88

196 posts

Posted by TRYLUCK88 > 2021-01-27 13:53 | Report Abuse

well, today is the profit taking as well as T+2 day for peak price 2 days ago.

Allantanks

684 posts

Posted by Allantanks > 2021-01-27 13:56 | Report Abuse

be like American. WE LIKE THE STOCK!

huat8787

389 posts

Posted by huat8787 > 2021-01-27 13:56 | Report Abuse

London's ICU nurses detail 'diluted' care, depression and disaster during the UK's deadly second wav
https://edition.cnn.com/2021/01/19/uk/uk-covid-london-hospitals-surge-gbr-intl/index.html

Posted by Jesselivermore > 2021-01-27 13:59 | Report Abuse

yup. what im trying to say is retailers are not strong enough. hopefully we will stand stronger like the wsb soldiers. lol.

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-27 14:31 | Report Abuse

@MrGlover, scary isn't it ? ... so many warrants expire at the same time ... February onward shld be better ... hopefully "Short Squeeze" will happen soon ...

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-27 14:34 | Report Abuse

@Jesselivermore, can't help it ... some are panic sellers, some are thinking of sell now n buy back at lower price ... complicated actually ...

Posted by Jesselivermore > 2021-01-27 14:40 | Report Abuse

@Mrglover those are warrants expiring on 29th Jan only. but most of them are not in the money right? eg. supermax c1a is in the money but c1c is not

Allantanks

684 posts

Posted by Allantanks > 2021-01-27 14:49 | Report Abuse

We like this stock!!!

Posted by yjasonng2020 > 2021-01-27 14:53 | Report Abuse

29th Jan expired warrant - already last trading day yesterday 26 Jan, and most of them out of money, especially warrant issued by Macquarie.

Posted by Jesselivermore > 2021-01-27 14:54 | Report Abuse

yup. so the reason to push down glove stocks today due to expiring warrants are not valid

staedy

707 posts

Posted by staedy > 2021-01-27 15:07 | Report Abuse

when is QR out please?

MrGlover

247 posts

Posted by MrGlover > 2021-01-27 15:12 | Report Abuse

@Jesselivermore Those that I mentioned expiring are in the money. Oh well, until 29th Jan only.

MrGlover

247 posts

Posted by MrGlover > 2021-01-27 15:13 | Report Abuse

I did my part, just bought some. :)

MrGlover

247 posts

Posted by MrGlover > 2021-01-27 15:21 | Report Abuse

Sorry, my bad. Only 1 from TG and Supermax each that is in the money expiring 29th Jan

Posted by Jesselivermore > 2021-01-27 15:29 | Report Abuse

no worries. lets stay strong!

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-27 15:33 | Report Abuse

My understanding of Call Warrants settlement price is ... The issuer will work on the VWAP price for 5 days immediately before the expiry date to calculate for settlement price ... Means, they will take the closing price for 5 days before expiry date ... If the final VWAP is lower, they will either pay less or no need to pay at all ...

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-27 15:40 | Report Abuse

There is a formula to work out the final settlement price based on 5 consecutive days of VWAP prior to expiry date ... u may check it out ...

Posted by Jesselivermore > 2021-01-27 15:45 | Report Abuse

yup. im aware of that. but look at those exercise price. way above the past 5 days price, vwap or not.

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-27 15:55 | Report Abuse

The share price movement is more complicated than just simply analysing some numbers ... there are a lot of other factors influencing it ... cheers ...

Posted by SaveMsiaFromPHGov > 2021-01-27 15:56 | Report Abuse

Vaccine not trustable yet

Posted by SaveMsiaFromPHGov > 2021-01-27 15:56 | Report Abuse

Pfizer vaccine is even killing guys in Norway

Posted by SaveMsiaFromPHGov > 2021-01-27 15:57 | Report Abuse

Do what kind of 'saviour' vaccine is that???

Posted by SaveMsiaFromPHGov > 2021-01-27 15:57 |

Post removed.Why?

Posted by SaveMsiaFromPHGov > 2021-01-27 15:58 |

Post removed.Why?

Posted by SaveMsiaFromPHGov > 2021-01-27 15:58 |

Post removed.Why?

Posted by SaveMsiaFromPHGov > 2021-01-27 15:58 |

Post removed.Why?

Posted by Jesselivermore > 2021-01-27 15:59 | Report Abuse

lol. ok goodboy. believed our ultimate intention is the same which is the price to go up. that will suffice.

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-27 16:02 | Report Abuse

It's out of our control, big funds are controlling the price movement ...

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-27 16:07 | Report Abuse

Today's transactions volume not big, shld be fine ... hopefully uptrend in February ...

MrGlover

247 posts

Posted by MrGlover > 2021-01-27 16:26 | Report Abuse

Yeap, I'm topping up as and when got discount. Should be good heading into Feb, Supermax and Kossan Q results on the horizon.

TRYLUCK88

196 posts

Posted by TRYLUCK88 > 2021-01-27 16:47 | Report Abuse

jesselivermore the vwap refers to the average price of each day of the 5 days, not closing price

MrGlover

247 posts

Posted by MrGlover > 2021-01-27 16:52 | Report Abuse

Same magic as yesterday again. Someone is accumulating all cheap tickets end of day...

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-27 17:02 | Report Abuse

RSS sold volumes for today from 9:00 am to 5:00 pm ... Kossan 0 shares, Hartalega 265,400 shares, SuperMax 264,600 shares, TopGlove 2,442,000 shares ...

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