KOSSAN RUBBER INDUSTRIES BHD

KLSE (MYR): KOSSAN (7153)

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Last Price

2.09

Today's Change

-0.03 (1.42%)

Day's Change

2.08 - 2.14

Trading Volume

9,208,500


19 people like this.

15,975 comment(s). Last comment by Chipee 4 hours ago

Posted by Mohd Fahmi Bin Jaes > 2016-01-20 15:31 | Report Abuse

no rebound. next week
big up, big down

Posted by Mohd Fahmi Bin Jaes > 2016-01-20 15:32 | Report Abuse

8.63

ffforever

473 posts

Posted by ffforever > 2016-01-20 16:05 | Report Abuse

Roller coaster

ffforever

473 posts

Posted by ffforever > 2016-01-21 13:44 | Report Abuse

Who keep pressing down the price

2centsense

1,196 posts

Posted by 2centsense > 2016-01-21 17:34 | Report Abuse

Keep it for the 4th qtr announcement. You will be happy you do inspite of the global stock rout. 2016 is looking at company that can deliver earnings. Be invested in gloves industry and you won't go wrong.

Posted by Mohd Fahmi Bin Jaes > 2016-01-21 23:05 | Report Abuse

Price now still expensive to enter

Koon Bee

283 posts

Posted by Koon Bee > 2016-01-21 23:06 | Report Abuse

Kossan tp 1.09

paperplane2016

21,625 posts

Posted by paperplane2016 > 2016-01-21 23:06 | Report Abuse

Chicken bee still here

Koon Bee

283 posts

Posted by Koon Bee > 2016-01-21 23:08 |

Post removed.Why?

leecuteguy

475 posts

Posted by leecuteguy > 2016-01-21 23:10 | Report Abuse

Koon bee tp 1.09???

Posted by Mohd Fahmi Bin Jaes > 2016-01-21 23:12 | Report Abuse

Tp 1.09 for dsonic

leecuteguy

475 posts

Posted by leecuteguy > 2016-01-21 23:42 | Report Abuse

RReliable new kossan going to have bonus issue....

ffforever

473 posts

Posted by ffforever > 2016-01-22 16:57 | Report Abuse

Mohd, now still expensive? Wats the recommend price?

2centsense

1,196 posts

Posted by 2centsense > 2016-01-22 18:33 | Report Abuse

Considering the next trading session is Tuesday, smart traders want to be safe than sorry. If DJ, Euro, China & Japan hold positive till then, what will be the outcome? This short break is good for the glove stocks; a time to catch your breath before the next momentum.

leecuteguy

475 posts

Posted by leecuteguy > 2016-01-22 19:59 | Report Abuse

@2centsense among the top three glove counters, is kossan price still consider high at this moment if take consideration PE ratio ? Would this counter is the highest dividen payout company compare to the others....

2centsense

1,196 posts

Posted by 2centsense > 2016-01-23 12:35 | Report Abuse

Profit magin % for Kossan - 8.5% (yr2012), 10.7% ('13), 11.1% ('14) 12.4% (3rd qtr,'15) vs Topglove - 8.7% ('12), 8.5% ('13), 7.9%('14), 11.1% ('15), 15% (1st qtr,"16). Is dividend and PE rato the only consideration for a stock price? I will buy if the company continues to reward its shareholders - Kossan bonus issues and others see www.malaysastock.biz vs Top glove's. Share prices rise due to buyers confidence of its ascendancy after considering facts and emotion. Its a risk-reward investment. If you are long term, then its a reward counter. So is Kossan giving another bonus issue? Looking at its record, it is likely possible.

leecuteguy

475 posts

Posted by leecuteguy > 2016-01-23 14:14 | Report Abuse

thx 2centsense for the explanation. But for sure not only dividend n pe ratio, other matters would affect the stock price....

Posted by Mohd Fahmi Bin Jaes > 2016-01-23 14:23 | Report Abuse

Expensive

leecuteguy

475 posts

Posted by leecuteguy > 2016-01-23 14:36 | Report Abuse

never mind expensive, as long as can go up

Posted by Mohd Fahmi Bin Jaes > 2016-01-23 14:40 | Report Abuse

Wait more cheap

tsyjj

226 posts

Posted by tsyjj > 2016-01-23 14:56 | Report Abuse

Expensive??? Later price up back to 9.0 plus......

2centsense

1,196 posts

Posted by 2centsense > 2016-01-23 20:50 | Report Abuse

Fund managers have all the data with modern electronic technical tools, yet cannot gurantee the next trading opening and closing price.. They got burnt hands too. We always only mention Warren Buffett out of the millions stock traders. He bought at low entry price and sits on the board of most of his investment. That's why he is the GURU. For us, we ride our luck hoping to sit on a bulll rather than a bear. Can I predict the next trading price? I would be WB's guru if I could.

BeatIt

202 posts

Posted by BeatIt > 2016-01-23 20:54 | Report Abuse

What about who ppl we call shark, syndicate... can they not control price?

BeatIt

202 posts

Posted by BeatIt > 2016-01-23 21:02 | Report Abuse

What benefit press down price ? wouldng pressing down price cost operator money too? how it all work,im still trying to figure out... hehee..

Posted by ffforever > Jan 21, 2016 01:44 PM | Report Abuse

Who keep pressing down the price

BeatIt

202 posts

Posted by BeatIt > 2016-01-23 21:07 | Report Abuse

One more silly question. In real life ( not theory ), if a Co has good FA TA, would it automatically go up to its fair price without an operator / syndicate moving it?

2centsense

1,196 posts

Posted by 2centsense > 2016-01-23 21:26 | Report Abuse

I don't think amyone can control the price movement...maybe I am naive. Its just that the momentum for a higher price has no takers. I believe once a coumter is on a major fund radar then the possibility of moving up is better. Glove companies were mentioned in Fortune magazine last year before their uptrend. Not many companies can have the kind of coverage. So be like WB for this industry; buy and sit on it if you can't sit on the board.

2centsense

1,196 posts

Posted by 2centsense > 2016-01-23 21:32 | Report Abuse

Unfortunately in Malaysia, we don't have that many great companies.That's why most funds come to trade rather than invest. But, fortunately, now we have these global giants in Topglove, Kossan and Hartalega. Good FA TA is meaningless if the company is also ran.

2centsense

1,196 posts

Posted by 2centsense > 2016-01-24 08:45 | Report Abuse

Reuters, Jun 2015 - The chief driver of sales is theRINGGIT'S SLUMP to nine-year lows against the dollar, making exports more competitive. Low raw material prices will also help widen profit margins. "Probably Top Glove presents the most value AS WE EXPECT OIL PRICES TO GRADUALLY RISE in coming months putting upward pressure on nitrile as well, which will disadvantage Hartalega and Kossan." RM3.77/US (JUNE 30, 2015) vs RM4.38/US (24 JAN, 2016), CRUDE OILl US57 a barrel (JUNE, 2015) vs US32 (24 JAN, 2016). From this we know why Top Glove gave a stellat 1st quarter performance of 2016. Now let's wait for Kossan!!

2centsense

1,196 posts

Posted by 2centsense > 2016-01-24 08:46 | Report Abuse

..stellar..

leecuteguy

475 posts

Posted by leecuteguy > 2016-01-24 09:21 | Report Abuse

2 centsense do u think kossan can do as good or even better than tg for coming qtr ?

2centsense

1,196 posts

Posted by 2centsense > 2016-01-24 09:53 | Report Abuse

sorry....I can only offer info for you to make a decision.

leecuteguy

475 posts

Posted by leecuteguy > 2016-01-24 11:04 | Report Abuse

Ok may i ask dividen policy payout kossan or tg higher

ffforever

473 posts

Posted by ffforever > 2016-01-26 12:02 | Report Abuse

844 buy anyone?

ffforever

473 posts

Posted by ffforever > 2016-01-26 17:17 | Report Abuse

Mari mari glove sales

Posted by Mohd Fahmi Bin Jaes > 2016-01-26 18:55 | Report Abuse

Write a comment..accumulate small unit

2centsense

1,196 posts

Posted by 2centsense > 2016-01-26 19:07 | Report Abuse

Based on current global sentiment aka the twin terror, oil and China, my humble 2centsense is to liquidate stock positions and wait for bottom price bargains. Everything is thrown out the windows when terror strikes hard. I follow George Soros' comment on hard landing. The positive for 2016? It might be a year to find real bargains. Stay focus and make the right decision.

Posted by Mohd Fahmi Bin Jaes > 2016-01-26 21:28 | Report Abuse

Write a comment.. cheap for long term

leecuteguy

475 posts

Posted by leecuteguy > 2016-01-26 21:30 | Report Abuse

@mohd long term mean how many years.....5 n more ?

Posted by Mohd Fahmi Bin Jaes > 2016-01-26 21:36 | Report Abuse

Just for quarter febuary. Accumulate small unit for safe

ffforever

473 posts

Posted by ffforever > 2016-01-27 11:55 | Report Abuse

Strange counter, volume not high but swing up and down

Posted by Mohd Fahmi Bin Jaes > 2016-01-27 12:20 | Report Abuse

Uniq

2centsense

1,196 posts

Posted by 2centsense > 2016-01-27 12:26 | Report Abuse

China down 77 points even after warning George Soros. Becareful, fellow traders.

Posted by Mohd Fahmi Bin Jaes > 2016-01-27 12:53 | Report Abuse

ok

2centsense

1,196 posts

Posted by 2centsense > 2016-01-27 13:26 | Report Abuse

Not long after billionaire George Soros forecast a so-called hard landing for the Chinese economy, Beijing fired back by calling out the high-profile investor, warning him of betting against its currency, according to media reports Tuesday.

“Soros’ challenge against the renminbi and Hong Kong dollar is unlikely to succeed, there is no doubt about that,” said a government official in an opinion piece widely cited by several media outlets.

Posted by Mohd Fahmi Bin Jaes > 2016-01-28 11:11 | Report Abuse

8.10

ffforever

473 posts

Posted by ffforever > 2016-01-28 12:37 | Report Abuse

Time to buy

2centsense

1,196 posts

Posted by 2centsense > 2016-01-28 12:40 | Report Abuse

Interesting read.....;Martin Feldstein, a prominent Harvard economist once on many people’s short-list to lead the Federal Reserve, has a simple message for the U.S. central bank: ignore the stock market.

In an interview with MarketWatch, Feldstein said stocks are overvalued. Any signal from the U.S. central bank that it may pause from its plans to continue raising interest rates would only create the impression that there is a “Fed put” on the market. A put is an option that protects an investor from losses........( for more of story go to www.marketwatch.com)

winPLUSwin

418 posts

Posted by winPLUSwin > 2016-01-28 12:52 | Report Abuse

time to buy? I don't think so. It's sunset already.

Posted by Laughgaodiemeliao > 2016-01-28 12:53 | Report Abuse

tp 7.00

kwongliang

549 posts

Posted by kwongliang > 2016-01-28 14:42 | Report Abuse

tp 6.00

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