KOSSAN RUBBER INDUSTRIES BHD

KLSE (MYR): KOSSAN (7153)

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Last Price

2.40

Today's Change

+0.01 (0.42%)

Day's Change

2.38 - 2.41

Trading Volume

1,040,300


19 people like this.

15,949 comment(s). Last comment by Albukhary 6 hours ago

Infinite

128 posts

Posted by Infinite > 2021-04-23 05:50 | Report Abuse

Still have people say gloves are sunset industry, how many sunset company in brusa can produce quarter 1B profit with good dividen? Think about sunset or sunrise?

Posted by BountyOfTheBourse > 2021-04-23 06:02 | Report Abuse

Not to worry at all

They are just naive know-nothing idtdiots posing as know-all geniuses, guys with hopeless analytical ability

Infinite

128 posts

Posted by Infinite > 2021-04-23 06:39 | Report Abuse

When everyone sell Kossan like no tomorrow, JP quietly accumulate and SAPU, all ikan billis kaput, smart money always smart, ikan billis sell at huge loss by follow "recommend" target price

soon9913

2,709 posts

Posted by soon9913 > 2021-04-23 09:12 | Report Abuse

US market big drop yesterday

Posted by Pgraduate123 > 2021-04-23 10:27 | Report Abuse

Yesterday harta led glove mania 2.0
Today is supermax turn to lead... Gogogo...... history repeats itself... One fine day all top4 up rm1.00 at closing

gloveharicut

1,067 posts

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

Gloves demand to stay above pre-Covid19 levels, said analyst

Earlier last month, an analyst from a local investment bank said that the plunge in share prices of Malaysian rubber gloves makers was “unjustified”. The analyst maintained an Overweight call on the sector as he believes that investors might have lost their confidence earlier due to the potential fall in selling prices of gloves on lower demand as more people are being vaccinated globally (CNBC, 9 March).

In the same news article, the analyst also mentioned that the jump in average selling prices of gloves is not sustainable and forecast of 30% to 35% fall in prices in 2022, while he expected that the gloves prices will likely remain above pre-pandemic levels for the next two to three years at least. This is partly due to the demand for gloves that is expected to remain elevated in the coming years as the medical sector uses more as their personal protective equipment.

Source: Macquarie Research - 22 Apr 2021

https://klse.i3investor.com/blogs/kltrader/2021-04-22-story-h1564079978-Glorious_Days_in_Gloves_Sector_Are_Not_Over_Yet.jsp

joyvest

10,190 posts

Posted by joyvest > 2021-04-24 07:22 | Report Abuse

Its good to be back after a trip in the wilderness.......

joyvest

10,190 posts

Posted by joyvest > 2021-04-24 07:27 | Report Abuse

Kosun is a good well managed co .it is clearly shown that their share price has been steady and not so volatile as others and is hardly subject to negative news.

Kevin Tam

525 posts

Posted by Kevin Tam > 2021-04-24 16:50 | Report Abuse

Lukey Greek is correct n he did mention to buy / to hold Kossan before quarterly result out ... He mentioned the high profit is unsustainable also understandable coz ASP will go down gradually ( after Europe n North America speed up their vaccination).... With the current share price of 4.20-4.30, Kossan offer higher value than super n Topglove n Harta.... With the unexpected high Covid cases in India ( even though they consume much less gloves than developed countries) n a bit increase of cases in EU n USA, the glove counters should go up next week....

AdCool

3,861 posts

Posted by AdCool > 2021-04-25 15:30 | Report Abuse

Kossan has been suppressed much of this week. Come next week, it would burst into super uptrend mode to do some catch up with the peers.

DreamEmperor

3,340 posts

Posted by DreamEmperor > 2021-04-25 16:21 | Report Abuse

yah kah

DreamEmperor

3,340 posts

Posted by DreamEmperor > 2021-04-25 16:22 | Report Abuse

very good loh

soon9913

2,709 posts

Posted by soon9913 > 2021-04-25 17:00 | Report Abuse

https://www.google.com/amp/s/www.malaymail.com/amp/news/world/2021/04/24/daily-record-of-more-than-893000-covid-cases-worldwide-according-to-afp-cou/1969179

sorry to inform that another high number of new cases recorded in worldwide. Glove demand is remained strong.

soon9913

2,709 posts

Posted by soon9913 > 2021-04-25 17:02 | Report Abuse

with kossan new factory in production and strong in USD is also favorable to export counters like Kossan.

soon9913

2,709 posts

Posted by soon9913 > 2021-04-25 17:04 | Report Abuse

coming quarters until year end results should be delivered another new record profit!!

cheap1

329 posts

Posted by cheap1 > 2021-04-26 07:59 | Report Abuse

PE lowest among gloves?

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-04-26 08:55 |

Post removed.Why?

cheap1

329 posts

Posted by cheap1 > 2021-04-26 09:26 | Report Abuse

Still cheap must buy.

cheap1

329 posts

Posted by cheap1 > 2021-04-26 09:51 | Report Abuse

Supermax >RM 6 must chase bec similar >40 sen EPS?

dompeilee

11,887 posts

Posted by dompeilee > 2021-04-26 10:01 | Report Abuse

dompeilee Y ppl in such a hurry 2 take profit??? Wait for the dividend to pay for the parasite brokers' commissions first ma
22/04/2021 9:31 AM


Wowweeewowweeeeewwowwwweeee =)

rlch

4,140 posts

Posted by rlch > 2021-04-26 10:02 | Report Abuse

<RM 5 even QR best ever bec no OTB, KYY in Kossan?

shearer202

1,550 posts

Posted by shearer202 > 2021-04-26 10:49 | Report Abuse

When uk facing resurge u will see smx already hit rm 11 , when u see US still can not open in indepentance day smx slready rm 24 when u see the world still lockdown 2022 smx will hit rm 30 , TG RM 50 ,HARTA 28 ,KOSSAN RM 21 ,HLT-WA RM 10 , ADVENTA RM 15 ! Dont be heart attack when see your portfolio in folds gains next year !

shearer202

1,550 posts

Posted by shearer202 > 2021-04-26 10:53 | Report Abuse

Hold tight until WHO announce pandemic is over in 2025 !

tamp0i

912 posts

Posted by tamp0i > 2021-04-26 11:46 | Report Abuse

Another dividend, another iPhone 12... What better counter to buy other than Kossan... Yummy

Mabel

23,508 posts

Posted by Mabel > 2021-04-26 12:23 | Report Abuse

Meow Meow Meow...

Soooooooooooooooooooooooooooo Happy..

Hglee92

108 posts

Posted by Hglee92 > 2021-04-26 12:28 | Report Abuse

Hartalega 4th quarter result ended 31/03/2021 will be released on *04/05/2021*

**expected to exceed RM2.1bil in profit

Posted by Pgraduate123 > 2021-04-26 12:59 | Report Abuse

Wah.... Kossan leader today for Gmania 2 0 eh

Posted by Lukey_Greek > 2021-04-26 13:03 | Report Abuse

Agree. Hold tight your tickets. Expect 50% to 70% up in Harta result, with additional 45 sen dividend.

Another boost to glove counters as a whole.

soon9913

2,709 posts

Posted by soon9913 > 2021-04-26 13:43 | Report Abuse

how to predict harta result will be up so much??

soon9913

2,709 posts

Posted by soon9913 > 2021-04-26 13:44 | Report Abuse

but kossan is indeed Undervalue aldy. I predict div payout easily 40cents in year 2021.

Mabel

23,508 posts

Posted by Mabel > 2021-04-26 15:14 | Report Abuse

India consume less gloves and condom compare to US and Europe. Almost half of worldwide cases are from India. Now analyst suddenly U Turn and upgrade Glove to Overweight. India is currently in a big mess...

Now Mabel's friends Priyanka, Kajol, Aishwarya, Kareena etc etc our help.

That's why Mabel loves Gloves. We are here to save the World...not to make 25 sen per post...

Meow to Top Glove
Meow to Hartalega
Meow to Kossan
Meow to Supermax

Meow Meow Meow Meow

kachan

437 posts

Posted by kachan > 2021-04-26 15:15 | Report Abuse

Easy many using maximum trading limit on my Contra account. Hope can get asap margin account if glove continue uptredn for the next 6 months.

dompeilee

11,887 posts

Posted by dompeilee > 2021-04-26 15:17 | Report Abuse

dompeilee Y ppl in such a hurry 2 take profit??? Wait for the dividend to pay for the parasite brokers' commissions first ma
22/04/2021 9:31 AM


4.71 !!! Wowweeewowweeeeewwowwwweeeeeeeeee =))

BuLLRam

1,104 posts

Posted by BuLLRam > 2021-04-26 15:47 | Report Abuse

so what's happened to itu superkrappy glovefinish glovehabis runrunfirst teamrocket arsenewenker gemfinder maxsuper snowpiercer dartmaster shamsingh shorting gambling gang itu ash.

All the above naysayers are do..g ...asss lickers and dogshit eaters.......
Already cursed for generations for all the shit they spread over at Gloves ..

Danny78

12 posts

Posted by Danny78 > 2021-04-26 18:33 | Report Abuse

They sucked their own dick and lost from this platform

Posted by donplayplay > 2021-04-26 20:40 | Report Abuse

All the glove stocks are returning to their glory days. Vaccination not much help as it is too slowly implemented. Vaccines not 100% effective and ineffective with new covid variants. New targets: Kossan-7.00 Supermax - 8.50 Topglove- 8.50

BuLLRam

1,104 posts

Posted by BuLLRam > 2021-04-26 21:09 | Report Abuse

All you gloves naysayers,,,whiners,,,do.g s.hit eaters n do.g asss lickers,,,better piss off and goback to your bats.hittt caves....
Useless c.occk ..sakki. Ng ..... idi.ootts....you like to be cursed n spit on??
Laughing n shooting barbs at people when gloves is down..
Moth.er folk.nung...idi.oots...
Phuiiiii.....

Foker

1,406 posts

Posted by Foker > 2021-04-26 21:30 | Report Abuse

TP for glove stocks

Harta-RM 10
Kossan-RM 5.50
Supermax:RM 5
Topglove:Rm 5

mf

28,171 posts

Posted by mf > 2021-04-27 06:30 | Report Abuse

26-Apr-2021 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 2,748,900 shares on 21-Apr-2021.
26-Apr-2021 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 1,400,000 shares on 21-Apr-2021.
26-Apr-2021 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 195,500 shares on 19-Apr-2021.

Mabel

23,508 posts

Posted by Mabel > 2021-04-27 06:57 | Report Abuse

Last week Kossan was Mabel's Star Performer

Fingers crossed that all gloves counter to go up at least 35% of the current price....

Meowing has been good nowadays...

Meow Meow Meow Meow

Posted by Insider Forecast > 2021-04-27 10:23 | Report Abuse

Don't be panic...panic seller will lose in stock. As usually it will rebound within few hours.

zanbini

383 posts

Posted by zanbini > 2021-04-27 10:25 | Report Abuse

The big shark is gone!

Everyone cepat lari loh...

Posted by BuffetOnWeed > 2021-04-27 10:55 | Report Abuse

Why all the panic? Funny. Thanks for filling my entry

stockraider

31,556 posts

Posted by stockraider > 2021-04-27 10:59 | Report Abuse

Be very careful loh...Gloves is a simple commodities...its price up alot bcos of shortages mah!

Sure thing is that the supply & capacity will definitely catch up as many people is rushing in to manufacture gloves loh!

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