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 4 hours ago

RISK8888

2,231 posts

Posted by RISK8888 > 2021-05-05 11:20 | Report Abuse

sitting down goyang kaki and get dividend. you buy other share no guarantee make profit, but kossan guarantee profit for this year and next, billions of profit confirm in the pocket....

Posted by BuffetOnWeed > 2021-05-05 11:54 | Report Abuse

Either harta is very very over priced, or kossan is too too undervalued

8888_

2,919 posts

Posted by 8888_ > 2021-05-05 12:04 | Report Abuse

4.44 I even see today not 4.2.

Posted by WaterBlower > 2021-05-05 15:11 | Report Abuse

Market is such scary place. A profitable business does not ensure price up anymore, while the price up or down totally depends on big players.

Posted by macgyvergoh > 2021-05-05 15:14 | Report Abuse

EPF's disposing to scare off small investors? Let unite and f**k them off..... :-)

Posted by Start_0f_the_bull > 2021-05-05 16:54 | Report Abuse

Today cum div also selldown. Market is very unpredictable.

tamp0i

912 posts

Posted by tamp0i > 2021-05-05 17:10 | Report Abuse

Long neck waiting for 4.0 and 3.60 to come... Comparing to the "S" and the "H" bigger brother, they are not so kind of rewarding to their shareholders unlike Kossan. So, why bother buy those? Park your money here instead, two things you'll earn for sure. 1 is the higher return if share price goes up, 2 is you get more in dividend

amateurJR

2,366 posts

Posted by amateurJR > 2021-05-05 17:19 | Report Abuse

That rotten Apple123 still here? Haha

lamy92

745 posts

Posted by lamy92 > 2021-05-05 17:20 | Report Abuse

Whatt happen market today?

Hustle

3,615 posts

Posted by Hustle > 2021-05-05 19:44 | Report Abuse

Same profit with supermx too??? No wonder drop la earn too much d lol

Hustle

3,615 posts

Posted by Hustle > 2021-05-05 19:46 | Report Abuse

If all trader play glove again most of the institute player that holding recovery counter with negative ROE will gg.

Hustle

3,615 posts

Posted by Hustle > 2021-05-05 19:46 | Report Abuse

Worse than low asp because lelong also not laku

Hustle

3,615 posts

Posted by Hustle > 2021-05-05 19:48 | Report Abuse

Hopefully company can do capital refund due to low asp

5c0160

1,763 posts

Posted by 5c0160 > 2021-05-05 20:43 | Report Abuse

Tmr ex dividen, big drop 4.00

Eric Fong

1,191 posts

Posted by Eric Fong > 2021-05-05 21:29 | Report Abuse

Nvm la, for those who bought it, our cost will also reduce RM0.12 cent per share also....

8888_

2,919 posts

Posted by 8888_ > 2021-05-05 21:54 | Report Abuse

Compare Supermax, Harta QR why must Kossan not good? 12 sen dividend only 1 sen less than Supermax despite cheaper RM 1.27.

Hustle

3,615 posts

Posted by Hustle > 2021-05-05 21:57 | Report Abuse

Very familiar like crude oil asp

Hustle

3,615 posts

Posted by Hustle > 2021-05-05 21:59 | Report Abuse

But how come O

RISK8888

2,231 posts

Posted by RISK8888 > 2021-05-05 22:10 | Report Abuse

tomorrow will up. playing catch up with big boy. very undervalue.

chkhooju

1,706 posts

Posted by chkhooju > 2021-05-05 22:17 | Report Abuse

Sure down.

robertzz

974 posts

Posted by robertzz > 2021-05-05 22:29 | Report Abuse

(雅加达5日综合电)印尼国际机场检测人员被爆出重复使用回收检测冠病病毒的鼻咽拭子后,近日遭到逮捕。警方表示,涉及人数恐高达9000人。

印尼当局本周稍早宣布,已确认国内出现两宗印度变种病毒病例。

https://www.sinchew.com.my/content/content_2471845.html

If this really happen.. hailat

AdCool

3,861 posts

Posted by AdCool > 2021-05-06 00:32 | Report Abuse

EPF helping the shorties. Disposing Kossan instead of collecting dividends.

DreamHunter

10,922 posts

Posted by DreamHunter > 2021-05-06 00:40 | Report Abuse

ha ha ha

DreamHunter

10,922 posts

Posted by DreamHunter > 2021-05-06 00:41 | Report Abuse

yah kah

8888_

2,919 posts

Posted by 8888_ > 2021-05-06 05:52 | Report Abuse

12 sen dividend may be over but not Covid19 in Malaysia and the world.

Posted by BuffetOnWeed > 2021-05-06 10:07 | Report Abuse

EPF really dont know what they are up to. They sold alot of glove stocks yesterday

Posted by WaterBlower > 2021-05-06 12:27 | Report Abuse

This is the cruel world. Only the riches and powerful
plays all. we small fish only be their prey. They want a profitable company price go to hell it will go to hell. When they want money, they will pump it up no matter how bad is the company.

5c0160

1,763 posts

Posted by 5c0160 > 2021-05-06 14:19 | Report Abuse

Totally game over. Rubbish counter oledi slowly down to 3.20 again.

Posted by Intrinsic99 > 2021-05-06 20:31 | Report Abuse

Nazir Razak: Why no supertaxes on glove companies?

https://www.theedgemarkets.com/article/nazir-razak-why-no-supertaxes-glove-companies


read what the former banker comment

probability

14,460 posts

Posted by probability > 2021-05-06 21:32 |

Post removed.Why?

AdCool

3,861 posts

Posted by AdCool > 2021-05-06 23:38 | Report Abuse

nobody noticed how high is the trade receivables minus the trade payables. This is the hidden amount which yet to be reflected in the net profit.

probability

14,460 posts

Posted by probability > 2021-05-06 23:58 | Report Abuse

cash flow, not profit

Posted by AdCool > May 6, 2021 11:38 PM | Report Abuse

nobody noticed how high is the trade receivables minus the trade payables. This is the hidden amount which yet to be reflected in the net profit.

joyvest

10,190 posts

Posted by joyvest > 2021-05-07 00:09 | Report Abuse

What's the wrong with high trade receivables? As long as they are collectable and are not impaired, there is no cause of concern.. today its just a correction following dividend.it will be resumed as usual tomorrow or so.....no big deal

probability

14,460 posts

Posted by probability > 2021-05-07 00:28 | Report Abuse

u misunderstood...no one saying as a red flag, but as a positive factor

Posted by joyvest > May 7, 2021 12:09 AM | Report Abuse

What's the wrong with high trade receivables? As long as they are collectable and are not impaired, there is no cause of concern.. today its just a correction following dividend.it will be resumed as usual tomorrow or so.....no big deal

DreamHunter

10,922 posts

Posted by DreamHunter > 2021-05-07 05:22 | Report Abuse

normal healthy correction only la

DreamHunter

10,922 posts

Posted by DreamHunter > 2021-05-07 05:23 | Report Abuse

gloves still strong leh

mf

28,171 posts

Posted by mf > 2021-05-07 08:37 | Report Abuse

07 May | 07:45am
UK to offer under-40s alternative to AstraZeneca Covid vaccine

Undi_PKR

945 posts

Posted by Undi_PKR > 2021-05-07 10:15 | Report Abuse

5 RM no hope? Must change govn?

AdCool

3,861 posts

Posted by AdCool > 2021-05-07 10:58 | Report Abuse

Thanks probability. Imagine what the company can do with such additional of 2-3 billons cash. They can just invest in new plants, machineries, lands, technologies, or even acquire other strategic assets without the need to loan from banks. They also can pay off their existing loans and debts to the financial institution and saved on interests. Could also develop new channels such as own distribution networks / own brand, etc. The actual valuation of the company should be 3-5 years from now after the pandemic and how the management actually invest their new found wealth. That would differentiate them from the peers and leapfrog the company to another level. Top Glove is already investing into better accommodation and automation. Supermax is opening up new plants in Northern America and focusing on the new biz of lens and masks. If the company just purely invest in opening new plants in Malaysia, that would be shortsighted. They should think deeper on the whole supply chain and how to gain from it with their hoard of cash now.

Jacklimm

11 posts

Posted by Jacklimm > 2021-05-07 21:16 | Report Abuse

relax we doing fine just need wait for their performance, covid already increased to 34k already, no glove no mask RIP malaysia what do you think?

Posted by information > 2021-05-08 14:44 | Report Abuse

Once U.S recovers, spot price will dramatically. As fast it went up, thats how fast it will drop.

India covid cases does not boost demand for gloves (as already been shown by the declining ASP). They simply dont buy more gloves as the cases rise.

Vaccination is well known not to induce demand for gloves. It is not required and its volume is too small.

Do not wait till you hear glove players announce drastic drop in ASP

all hell will break loose

DarenWai

351 posts

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

Shorties so scared already :-)

Posted by information > 2021-05-08 18:37 | Report Abuse

simple logic:

ASP dropping even before new capacity coming online

Imagine, with recovering US & Europe and China new capacity coming in, its a double whammy

ASP will drop exponentially

yingkang87

445 posts

Posted by yingkang87 > 2021-05-08 19:51 | Report Abuse

Covid increase more goid show monday!! Kplus will lead all glove on Monday!!

754232

161 posts

Posted by 754232 > 2021-05-08 19:57 | Report Abuse

Pharma niaga declare bonus issue 1 share to 4 share... Monday all health and gloves counter limit up...

beso

2,137 posts

Posted by beso > 2021-05-08 21:27 | Report Abuse

(日内瓦7日讯) 世界卫生组织(WHO)周五批准中国国有制药企业国药集团(Sinopharm)生产的新型冠状病毒疫苗用于紧急使用,这将推动中国在全球新冠疫苗接种方面发挥重要作用。  
该疫苗成为首个获得世卫组织支持的非西方国家研制的新冠疫苗,是中国在施打的两种主要疫苗之一,目前已累计为国内外数亿人接种。
这也是世界卫生组织首次批准中国疫苗用于传染病的紧急使用。

这个消息肯定会引发手套股大波动,看跌。lol

Posted by BuffetOnWeed > 2021-05-08 23:16 | Report Abuse

Information. What a username. Only information I hear is u hating from outside the club. Stay outside lar. Probably also an air Asia fan

Foker

1,406 posts

Posted by Foker > 2021-05-08 23:47 | Report Abuse

Haha if Whiteman don't want pay 100 dollars. We make India pay 120 dollars to cover ASP and volume drop in USA. If their cases go higher we charge $200. Easy money

Foker

1,406 posts

Posted by Foker > 2021-05-08 23:47 | Report Abuse

Money won't stop flowing in. USA is only 4.2% of world population.

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