KOSSAN RUBBER INDUSTRIES BHD

KLSE (MYR): KOSSAN (7153)

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Last Price

2.37

Today's Change

-0.03 (1.25%)

Day's Change

2.37 - 2.42

Trading Volume

2,632,400


19 people like this.

15,949 comment(s). Last comment by Albukhary 12 hours ago

spyking

534 posts

Posted by spyking > 2021-02-16 20:49 | Report Abuse

Nobody goreng how to go up? Ikan bilis goreng?

Prozkk

23 posts

Posted by Prozkk > 2021-02-16 21:00 | Report Abuse

Current low price will attract more ikan bilis buy :p

Stock Eyes

3,220 posts

Posted by Stock Eyes > 2021-02-16 21:12 | Report Abuse

JOHOTIN (2) - 9年回报率500%背后的关键因素,每年投资新的工厂空间和增加产能【Stock Eyes】

https://klse.i3investor.com/blogs/FinancialFreedom/2021-02-16-story-h1540331923.jsp

jeremylin

231 posts

Posted by jeremylin > 2021-02-16 21:33 | Report Abuse

G A M E O V E R......Go stunt

spyking

534 posts

Posted by spyking > 2021-02-16 21:44 | Report Abuse

Ikan bilis buy continue drop. Ikan bilis money all stuck in healthcare n tech stock now

DChosen2

456 posts

Posted by DChosen2 > 2021-02-16 21:48 | Report Abuse

Sentiment so bad as vaccine news kept rolled out daily ..

gemfinder

6,880 posts

Posted by gemfinder > 2021-02-16 22:02 |

Post removed.Why?

Bullrunrun

971 posts

Posted by Bullrunrun > 2021-02-16 22:05 | Report Abuse

Buy call

EPF starts buying and KOssan share buy back this year maybe given out as bonus to reward its shareholders

Posted by runroadtokl > 2021-02-16 22:26 | Report Abuse

normally share will drop again after superb QR

chshzhd

1,908 posts

Posted by chshzhd > 2021-02-16 22:27 | Report Abuse

share price of gloves counters over react(up) on august last year and over react(down) again now ..

chshzhd

1,908 posts

Posted by chshzhd > 2021-02-16 22:30 | Report Abuse

..so fair price for kossan should be above rm6:)

chshzhd

1,908 posts

Posted by chshzhd > 2021-02-16 22:32 | Report Abuse

this is a matter of "seesaw"

Posted by foongkitmun > 2021-02-16 22:41 | Report Abuse

Good earnings......can buy more lands to plant rubber...

Posted by foongkitmun > 2021-02-16 22:42 | Report Abuse

Special dividend somemore......bagus!!!!

Posted by Snowpiercer > 2021-02-16 23:01 | Report Abuse

Disappointed....full yr payout of 20%....price will go very red

gohkimhock

3,031 posts

Posted by gohkimhock > 2021-02-16 23:05 | Report Abuse

I was expecting them to be generous with dividend, after all, these profit are all ill-gotten gains profited from others misfortune..

mita29

1,064 posts

Posted by mita29 > 2021-02-17 00:20 | Report Abuse

wtf dude, they produce gloves to fight disease, it's not ill gotten gain. What can be considered as ill gotten gain is when they purposely manufacture new virus to cause new pandemic & spike glove sale.


11 cents x 2500 milion shares =Rm 275 million, already half of this Q earning, apa lagi you mau?

Posted by Snowpiercer > 2021-02-17 00:27 | Report Abuse

20% payout for the year? Sorry.....not only kossan....other glove stocks the same...maybe TG better....... Red all the way

mita29

1,064 posts

Posted by mita29 > 2021-02-17 00:30 | Report Abuse

Red lar, down 10% also don't care, glove only ~30% of my portfolio, my recovery stocks better up alot tomorrow if glove red.

gohkimhock

3,031 posts

Posted by gohkimhock > 2021-02-17 00:34 | Report Abuse

If they maintain the same pricing, I will gladly support them. Nope they 趁火打劫

mita29

1,064 posts

Posted by mita29 > 2021-02-17 00:46 | Report Abuse

wtf dude, it's our country profitable companies that bring in money from outside, some of these $$ (remember Top 4 donation?) will be used to purchase expensive vaccine from pfizer & Morderna. When demand outstrip supply the price rises in capitalistic world. Kossan paid 220 million tax to our amazing gomen this Qr.

super_newbie

1,261 posts

Posted by super_newbie > 2021-02-17 00:49 | Report Abuse

FY2020 PAT = RM1087m or EPS 42.5c.
First Interim Dividend = 3c
Second Interim Dividend = 3c
Special Dividend = 8c
Final Dividend = Yet to announce?
If base on 30% of PATAMI dividend policy, final dividend likely 6.75c to be announce during AGM? Total FY2020, 30% normal dividend + 18.8% special dividend.

Posted by invest4tomoro > 2021-02-17 05:05 | Report Abuse

nice one, get dividend 11 sen. ex-date 3 march. payment on 17 march

newbie4444

1,264 posts

Posted by newbie4444 > 2021-02-17 05:06 | Report Abuse

JP Morgan TP RM 3.8 can get?

Bullrunrun

971 posts

Posted by Bullrunrun > 2021-02-17 05:08 | Report Abuse

This year world still short of 12 billion gloves due to vaccination
Buy now and enjoy the ride

linheng

1,361 posts

Posted by linheng > 2021-02-17 05:37 | Report Abuse

This company made 230m before the pandemic. They also manufacture specialized rubber products such as absorbers for quake buildings, for trains and port/ship fenders. on top of gloves. 2020 profit is 1.09B; 2021 is expected to be 2.7B and 2022 is expected to be 1.57B. Mkt cap right now is only 10B. This interim dividend is already 3% yield.
Am sure final dividend will be at least 15 to 20 cents. Just buy and lock up for 3 yrs. In this low interest rate environment, you won't regret. Owner holds the highest % of shares among the top 4 glove manufacturer

linheng

1,361 posts

Posted by linheng > 2021-02-17 05:37 | Report Abuse

If you need to leverage on your stock holdings, Rakuten gives 5X collateral value for Kossan

kelvin17

565 posts

Posted by kelvin17 > 2021-02-17 06:50 | Report Abuse

mita29, i am encourage by your investment methods, could you let me know what are the recovery stocks that i can buy now to keep for medium to long term . tq

Kossan

303 posts

Posted by Kossan > 2021-02-17 08:05 | Report Abuse

Gonna bounce 4.40 in opening

linheng

1,361 posts

Posted by linheng > 2021-02-17 08:06 | Report Abuse

Watching a few blue chips but nothing concrete. Had load up on cheap oil and Gas counters esp Hibiscus last month. Don't contra on gloves. Just buy for keeping at lease 2 to 3 yrs. If short term, don't buy gloves

UnkleLim

511 posts

Posted by UnkleLim > 2021-02-17 08:23 | Report Abuse

Recovery stock can look at Genting 3182

gemfinder

6,880 posts

Posted by gemfinder > 2021-02-17 08:25 |

Post removed.Why?

UnkleLim

511 posts

Posted by UnkleLim > 2021-02-17 08:29 | Report Abuse

Everyone says ASP will drop 1H2021 onwards, but in 2021 there’s shortage of 12.4billion pieces. How ASP going to drop like that

gloveharicut

1,067 posts

Posted by gloveharicut > 2021-02-17 08:31 | Report Abuse

CIMB: KOSSAN is the laggard in GLOVEs. Expecting ASP hikes up to at least 3Q21. Reiterate Add with TP RM7.64 https://klse.i3investor.com/blogs/gloveharicut/2021-02-17-story-h1541136096-CIMB_KOSSAN_is_the_laggard_in_GLOVEs_Expecting_ASP_hikes_up_to_at_least.jsp

chshzhd

1,908 posts

Posted by chshzhd > 2021-02-17 08:45 | Report Abuse

CIMB: Kossan expects another 50% qoq increase in ASP in 1Q21

TalkC

855 posts

Posted by TalkC > 2021-02-17 08:46 | Report Abuse

queue 3.0?

Posted by Snowpiercer > 2021-02-17 08:48 | Report Abuse

Sure red all the way

nuilam hali

1,376 posts

Posted by nuilam hali > 2021-02-17 08:52 |

Post removed.Why?

OkieDokie

197 posts

Posted by OkieDokie > 2021-02-17 08:54 | Report Abuse

Yes, pls Q 3.0, Yes pls red all the way.
Give me chance to top up more...

Sour Grape..... ; )

TalkC

855 posts

Posted by TalkC > 2021-02-17 08:56 | Report Abuse

ya.. all red.. recovery theme (banks, oil&G, steel , tech) now..

casanwk

1,496 posts

Posted by casanwk > 2021-02-17 09:05 | Report Abuse

To maintain the bullish momentum, price must find support at rm407( hourly chart

Kossan

303 posts

Posted by Kossan > 2021-02-17 09:11 | Report Abuse

4.4

tai yee

697 posts

Posted by tai yee > 2021-02-17 09:31 | Report Abuse

Kossan give dividend 11cents. if buy this morning at 4.1, the div return rate is 2.7%. so much better than FD.

Kossan

303 posts

Posted by Kossan > 2021-02-17 09:35 | Report Abuse

Finally 4.4

Deidei

24 posts

Posted by Deidei > 2021-02-17 09:44 | Report Abuse

When is the ex date please

Posted by invest4tomoro > 2021-02-17 09:56 | Report Abuse

get dividend 11 sen. ex-date 3 march. payment on 17 march

Posted by whypaymore > 2021-02-17 10:09 | Report Abuse

11 sen div why pay >11 sen?

Posted by whypaymore > 2021-02-17 10:12 | Report Abuse

Even AA 90 sen div why 80 sen today?

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