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

Mabel

23,508 posts

Posted by Mabel > 2021-01-29 11:00 | Report Abuse

The Fight between Retailers and JP Morgan is like a fight between David and Goliath..

David and Goliath are often referenced as a moral lesson of how underdogs can overcome the odds and be successful. The phrase “David strategies” has been used to describe what underdogs have to do to overcome Goliaths

In this story, David has bare knuckle brawled with the giant Goliath and beat him up with his bare hands. David wasn't scared because he wasn't going to fight fair. David wasn't picking a fight with a giant, he was using his shepherd skills to kill the Giant the way he would kill a bear or a lion chasing his sheep

Much of what we consider valuable in our world arises out of these kinds of lopsided conflicts, because the act of facing overwhelming odds produces greatness and beauty..

Stay Strong Guys!

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-29 11:10 | Report Abuse

RSS sold volumes for today from 9:00 am to 11:10 am ... Kossan 0 shares, Hartalega 0 shares, SuperMax 500,000 shares, TopGlove 1,258,000 shares ...

MoneyAndHoney

2,479 posts

Posted by MoneyAndHoney > 2021-01-29 11:23 | Report Abuse

5.50 coming back soon

MoneyAndHoney

2,479 posts

Posted by MoneyAndHoney > 2021-01-29 11:23 | Report Abuse

Very soon

MoneyAndHoney

2,479 posts

Posted by MoneyAndHoney > 2021-01-29 11:23 | Report Abuse

Very very soon

MoneyAndHoney

2,479 posts

Posted by MoneyAndHoney > 2021-01-29 11:24 | Report Abuse

It's simply inevitable

MoneyAndHoney

2,479 posts

Posted by MoneyAndHoney > 2021-01-29 11:24 | Report Abuse

Lagi apa mau cakap???

nicholas99

9,844 posts

Posted by nicholas99 > 2021-01-29 11:37 | Report Abuse

all talk only. useless moneyandhoney

casanwk

1,496 posts

Posted by casanwk > 2021-01-29 11:59 | Report Abuse

Next resistance 435

sharing01

21 posts

Posted by sharing01 > 2021-01-29 12:14 | Report Abuse

I think short the strong fundamental stock is very wrong. When the stock became more cheap, more investors wanted to buy in. Plus some more they only start to short when the price already drop from peak about 35-40%. Wrong timing and wrong company to short. God bless all the shorties.

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-29 12:31 | Report Abuse

RSS sold volumes for today from 9:00 am to 12:30 pm ... Kossan 0 shares, Hartalega 0 shares, SuperMax 665,000 shares, TopGlove 1,758,000 shares ...

Mabel

23,508 posts

Posted by Mabel > 2021-01-29 12:45 | Report Abuse

Do you know that Apple, market cap $894 billion, has racked up $693 million in subsidies since 2009, the group reported? Facebook, market cap $549 billion, has reaped $333 million since 2010, according to the group. This is what the US Government did to help and grow their industries. Here we our local boys are fighting with bare knuckles to fight the strong Goliath. On top of this, our EPF is helping by lending JP Morgan their shares just to get minute 5% from this Foreigner.

This latest data comes on the heels of Apple yesterday’s reporting record holiday quarter sales on Wednesday, with overall revenue crossing US$100 billion for the first time. Revenue in Greater China, which includes Hong Kong and Taiwan, surged 57%. This is really taking the Bull by the Horn.

gloveharicut

1,067 posts

Posted by gloveharicut > 2021-01-29 12:58 | Report Abuse

[LIVE] Taklimat khas secara maya Top Glove dengan Pesuruhjaya Tinggi Bangladesh dan Penasihat Tenaga Kerja Kedutaan Nepal, Deepak Dhakal
https://klse.i3investor.com/blogs/gloveharicut/2021-01-29-story-h1540216426-_LIVE_Taklimat_khas_secara_maya_Top_Glove_dengan_Pesuruhjaya_Tinggi_Ban.jsp

Allantanks

684 posts

Posted by Allantanks > 2021-01-29 13:09 | Report Abuse

Super squeeze is coming
Short squeeze + interest squeeze + dividen squeeze.

Shorties faster go Bai ang gong.

Legend

4,119 posts

Posted by Legend > 2021-01-29 13:21 | Report Abuse

KUALA LUMPUR (Jan 29): Glove counters were in high demand today, pushing share prices up sharply thanks to calls made by some unknown investors over social media to take on the short sellers. However, the buying spree lost some steam mid-morning, with all of the glove stocks retreating from their peaks.

Seven of the glove stocks listed on Bursa Malaysia "gapped up" after the opening bell today, starting the trading day at prices higher than their previous closing on Wednesday.

Top Glove Corp Bhd, which has been the main target of short sellers, opened at RM7.05 versus the previous closing of RM6.21 on Wednesday.

The share price of the world's largest rubber glove maker soared to a high of RM7.12. There were 96.97 million shares changing hands in the morning session, making it the fourth most actively traded stock on Bursa Malaysia.

However, Top Glove's share price came off its peak to close at RM6.67, up 46 sen or 7.41%.

According to trading data from Bursa Malaysia, the total net short selling position was at 239.45 million shares, equivalent to barely 2.9% of Top Glove's paid up capital as at Jan 27.

Its peer Hartalega Holdings Bhd also opened sharply higher at RM13.42 versus RM12.20 on Wednesday. It also came off from the intraday peak of RM13.42 to end the morning session at RM12.86, gaining 66 sen or 5.41%.

Over at Kossan Rubber Industries Bhd, it soared to a high of RM4.59 shortly after the opening bell, up 33 sen or 7.7% from the closing of RM4.26 on Wednesday. Likewise, the upward trend did not gather much steam, with the stock closing at RM4.33, up seven sen or 1.64% at the noon break.

Supermax Corp Bhd, which is expected to release its quarterly results soon, gained 16 sen or 2.44% at the noon break. The stock surged to a high of RM7.16 versus Wednesday's closing of RM6.56. Trading volume was at 29.79 million shares.

kangedd

457 posts

Posted by kangedd > 2021-01-29 14:44 | Report Abuse

GAMESTOP RALLY .... vroom vroom ~~~~~

nicholas99

9,844 posts

Posted by nicholas99 > 2021-01-29 14:51 | Report Abuse

not move much compared to supermx and topglove

staedy

707 posts

Posted by staedy > 2021-01-29 15:07 | Report Abuse

Kossan forgot he is in the game too...

casanwk

1,496 posts

Posted by casanwk > 2021-01-29 15:13 | Report Abuse

Buy 438

CSOON 77

173 posts

Posted by CSOON 77 > 2021-01-29 15:46 | Report Abuse

Moving

Posted by ranacinggey > 2021-01-29 15:50 | Report Abuse

sideway all the way ...no uptrend

nicholas99

9,844 posts

Posted by nicholas99 > 2021-01-29 16:12 | Report Abuse

glove bull soon

Posted by trading2019 > 2021-01-29 16:20 | Report Abuse

Remember to short next week.

linheng

1,361 posts

Posted by linheng > 2021-01-29 16:25 | Report Abuse

If only China retailers join in the fun

casanwk

1,496 posts

Posted by casanwk > 2021-01-29 16:33 | Report Abuse

Macd is still in uptrend

CSOON 77

173 posts

Posted by CSOON 77 > 2021-01-29 16:39 | Report Abuse

4.50 pullback again

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-29 17:10 | Report Abuse

RSS sold volumes for today from 9:00 am to 5:00 pm ... Kossan 0 shares, Hartalega 0 shares, SuperMax 930,000 shares, TopGlove 2,516,300 shares ...

Posted by BountyOfTheBourse > 2021-01-29 17:28 | Report Abuse

HartaLega, TopGlove, Supermax & Kosaan gave them bittcch basstard robber gangster IBs, non-stop shorting boddoh bangang idddiot digkhedds & forever panicking frenzied throw-at-low short term gambling monkeys a good old hard fugkking today

Posted by BountyOfTheBourse > 2021-01-29 17:29 | Report Abuse

padan muka sama dia orang semua loh

Posted by BountyOfTheBourse > 2021-01-29 17:29 | Report Abuse

OMG

Posted by BountyOfTheBourse > 2021-01-29 17:29 | Report Abuse

ha ha ha

messi88

522 posts

Posted by messi88 > 2021-01-29 17:42 | Report Abuse

RSS more please.. haha

jeremylin

231 posts

Posted by jeremylin > 2021-01-29 17:54 | Report Abuse

Someone that have connection must invite those big time shark from china against this IBs, especially JP zai!!!

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-29 18:04 | Report Abuse

Today is just a warm up ... Real show starts next week....

WYW

27 posts

Posted by WYW > 2021-01-29 18:05 | Report Abuse

DM for those supporters to join the unite group!

joyvest

10,190 posts

Posted by joyvest > 2021-01-29 20:31 | Report Abuse

I support buy....

investmalysia

1,454 posts

Posted by investmalysia > 2021-01-29 22:36 | Report Abuse

Warm up? How much money you got to support the market. Especially in companies worth billions

GrowingRich

2,709 posts

Posted by GrowingRich > 2021-01-29 22:38 | Report Abuse

Wow

GrowingRich

2,709 posts

Posted by GrowingRich > 2021-01-29 22:39 | Report Abuse

Very good

GrowingRich

2,709 posts

Posted by GrowingRich > 2021-01-29 22:39 | Report Abuse

Well done

GrowingRich

2,709 posts

Posted by GrowingRich > 2021-01-29 22:39 | Report Abuse

Congratulations

jeremylin

231 posts

Posted by jeremylin > 2021-01-30 00:22 | Report Abuse

Boleh land authorities try to scare off small fish like us that didnt do anything wrong

Posted by STEADYBOMBIBI85 > 2021-01-30 01:07 | Report Abuse

Next week up or down ?

Posted by ProsperousRealm > 2021-01-30 07:42 | Report Abuse

Oh dear

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