Posted by gladiator > 2021-04-20 19:49 | Report Abuse

Kossan & Harta are still raising their ASP now while Top glove start to lower ASP by 5% Top glove is over value while Kossan & Harta are under value cause they still have room to raise their ASP.

Posted by Targeted > 2021-04-20 19:54 | Report Abuse

Congrats to holders, Kossan has performed well beyond expectations... Clap! Clap! Clap!

Posted by 8888_ > 2021-04-20 19:56 | Report Abuse

PE 2.33(annualised) now lowest among gloves?

Posted by spyking > 2021-04-20 19:57 | Report Abuse

Wow Kossan! Price should match TopGlov and Supermx by now! Limit up tomorrow!

Posted by Sky Liew > 2021-04-20 20:09 | Report Abuse

Haha limit up
Gotvup then ok liao la

Posted by jibbie > 2021-04-20 20:21 | Report Abuse

Kossan rm4 at least

Posted by johnhuathuat > 2021-04-20 20:26 | Report Abuse

well gohkimhock looks like a pro. so what is your expected profit for next year and year after for kossan or any glove that you study. i just want to record and see in 2 years time how your thesis prevailed or failed. just ballpark figure. +- la.

Posted by Bgt 9963 > 2021-04-20 20:32 |

Post removed.Why?

Posted by Infinite > 2021-04-20 20:57 | Report Abuse

Now day no easy to find a low PE plus dividen stock, their 85% customer are mnc, steady profit with expantion plan on track

Posted by katsul51 > 2021-04-20 21:03 | Report Abuse

Excellent result.

Posted by Kckc123 > 2021-04-20 21:03 | Report Abuse

1 bil boi sustain? Mai pian wa leh. Wa xi boh siang xin la..

Posted by eko1989 > 2021-04-20 21:06 | Report Abuse

WOW, Congratulations to all Kossan share holders and also for all of people that have stocks of companies from this industry. Tomorrow Mercator (Poland, WIG20) will show his estimated results for Q1 2021, if it will be also higher than Q4 2020 then I think 2021 will be very good for all companies from this sector.

Posted by Targeted > 2021-04-20 21:15 | Report Abuse

From Ben Tan's Premier article - An increase of 250% between November 2020 and February/March 2021.

https://klse.i3investor.com/m/blog/bursainvestments/2021-04-16-story-h1563363164-Premier_Glove_Supply_Constraints_Persist_1_Year_after_the_Start_of_the_.jsp

...........certainly seems like it has manifested in Kossans results.............gona be an exciting results season.......surely above expectations of most....

Posted by brian3381 > 2021-04-20 21:19 |

Post removed.Why?

Posted by brian3381 > 2021-04-20 21:20 | Report Abuse

1b profit canot sustain la. Management guidance

Posted by spyking > 2021-04-20 21:27 | Report Abuse

Supermx price increase 6 fold while kossan only double. Higher room for kossan to fly!!!

Posted by Targeted > 2021-04-20 21:27 | Report Abuse

I hear this 'cannot sustain for many months already........ Lapuk la....

Posted by alanleeky > 2021-04-20 21:31 | Report Abuse

Sour grape

Posted by chensk > 2021-04-20 21:32 | Report Abuse

1bil profit ! Well done Kossan.

Posted by TalkC > 2021-04-20 21:34 | Report Abuse

12 sen dividend..... Seems like more dump tmr as the share price already priced in for few years ahead?

Posted by Targeted > 2021-04-20 21:37 | Report Abuse

Priced in, cannot sustain, pendemic ending........ all garbage...........

Posted by JJUSTRUMP > 2021-04-20 21:39 | Report Abuse

At least up by 0.30c by virtue of its new PE.

Posted by spyking > 2021-04-20 21:40 | Report Abuse

When more ikan bilis say price in, share shall go up

Posted by Targeted > 2021-04-20 21:42 | Report Abuse

Lol....... they talk as if they knew all along profit gona be 1B.........

Posted by bigprice > 2021-04-20 21:43 | Report Abuse

Price go up.

Posted by TalkC > 2021-04-20 21:43 | Report Abuse

https://www.reuters.com/world/asia-pacific/airports-get-busy-australia-new-zealand-quarantine-free-travel-begins-2021-04-18/

More traveling begins soon as vaccinations in progress aggressively. So trade with cautions

Posted by Goldberg > 2021-04-20 21:49 | Report Abuse

Kossan will fly like a bird tomorrow and take the whole Glove sector with it.

A. PAT of RM 1.01 billion for the last quarter (3 months) is jaw dropping.

All that said it's priced in are delusional CLOWNS.

Posted by Wiser114411 > 2021-04-20 21:57 | Report Abuse

Buy buy buy

Posted by spyking > 2021-04-20 22:12 | Report Abuse

Kossan was RM2 when earning was 65million. RM3.8 when earning 1 billion! Even pandemic is over, RM3.8 is still IB preferred choice. EPF is still collecting aggressively!

Posted by williamtkb > 2021-04-20 22:14 | Report Abuse

EPF buying better run

Posted by Kevin Tam > 2021-04-20 22:49 | Report Abuse

Kossan quarterly profit is unexpected high coz Kossan doesn’t practice the policy of using highest price level to sell gloves...

Posted by hglee101 > 2021-04-20 23:06 | Report Abuse

just keep for dividend, so much better than bank FD, no need to monitor glove stocks....

Posted by brian3381 > 2021-04-20 23:13 | Report Abuse

Never trade kosan. Tricky counter.

Posted by Lukey_Greek > 2021-04-21 00:30 | Report Abuse

All sour grapes.

If the profit is sustainable, Kossan's TP will be RM40 based on historical PE ratio of 25x.

Posted by upshare > 2021-04-21 05:28 | Report Abuse

Price.may go down for good QR..

Posted by supersaiyan3 > 2021-04-21 05:46 | Report Abuse

Nice result.

Posted by Brutus > 2021-04-21 06:01 | Report Abuse

The whole of 2020 Kossan delivered 14 sen dividend, in FY21Q1 already get 12 sen! Cannot wait for the rest of the quarters!

Posted by CharlesT > 2021-04-21 06:38 | Report Abuse

Lukey_Greek All sour grapes.

If the profit is sustainable, Kossan's TP will be RM40 based on historical PE ratio of 25x.
21/04/2021 12:30 AM

Never thought i still can see this kind of silly comments....lol

Posted by Multibagger > 2021-04-21 07:06 | Report Abuse

The other way to look at it... Based on past PE of 25, kossan normalised annual profit is assumed at less than 400 million at current price. Is that too pessimistic or fair?

Posted by Lukey_Greek > 2021-04-21 07:10 | Report Abuse

Look at sustainability of the share price & not profit.

Do you own maths using DCF method.

Posted by spyking > 2021-04-21 07:25 | Report Abuse

Fair price at least RM5 and above for 3-5 years to come for projected PE 25. Even pandemic is over

Posted by Goldberg > 2021-04-21 08:00 | Report Abuse

Tradeview Results Update - Kossan Q1 FY 2021

Kossan results is out. Surprising the market, the QR announcement was brought forward. Indeed, it is an exceptional results no wonder the management is eager to share the results with shareholders.

It is the highest record profit and revenue ever in their history. To put things into perspective, this quarter alone, the revenue exceeded RM 2 billion and stands at more than 50% of last full year results. On top of that, the net profit alone in this quarter is RM 1.04 Billion which almost exceeded full year results of QR 2020. The company cash balance stands at RM 1.25 billion and net cash of RM 800+ million after deducting borrowings.

How do you know if the results is mind blowing? Well, the analysts consensus forKossan FY 2021 net profit is RM 2.5 billion. In 1 quarter alone Kossan already did RM 1.04 billion which is 41% of the full year consensus. To add a cherry to the top, the management generously dished out 12 sens dividend in 1 quarter which translates to a dividend yield of 3.15% at current price of RM 3.80. All in all, as an investor in companies, one cant ask for more in terms of the delivery of earnings and performance by the company.

One more point to note, the average blended ASP of Kossan is not sky high like Supermax or Top Glove. Based on the calculation of their capacity of 28 billion pieces per annum, the average ASP is US 76 per carton. However, I am not sure if the actual capacity is now at 28 Billion or 32 billion. Taking 32 billion capacity, the ASP is USD 67. Taking a range of USD 67 - 76 ASP, Kossan is able to deliver record earnings. I shall leave it to investors to assess for themselves whether this is a strong financial performance or otherwise.

Posted by brian3381 > 2021-04-21 08:03 | Report Abuse

Kosan raise asp the slowest. now only shown in the earnings peak

Posted by brian3381 > 2021-04-21 08:03 |

Post removed.Why?

Posted by VenFx > 2021-04-21 08:35 | Report Abuse

Kom lan firmed gap up today ?

Posted by Insider Forecast > 2021-04-21 09:07 | Report Abuse

I think will limit up today

Posted by tamp0i > 2021-04-21 09:15 | Report Abuse

Despite price has been surpressed down to 3.1 and all negativity been thrown in, I am seeing Green already now and look who's the real loser here, those who didn't buy... Hahaha yummy

Posted by Start_0f_the_bull > 2021-04-21 09:19 | Report Abuse

Just hold for dividend and price upside.

Posted by spyking > 2021-04-21 09:20 | Report Abuse

Ikan Bilis dont buy please. Will hit limit up today

Posted by new_in_share > 2021-04-21 09:33 | Report Abuse

Which i3 sifus recommend Kossan? OTB or KYY?