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 2 hours ago

Posted by macgyvergoh > 2021-05-27 17:09 | Report Abuse

tamp0i, good advice...

8888_

2,919 posts

Posted by 8888_ > 2021-05-27 17:40 | Report Abuse

Haters why no comment after 10 sen surge?

Benny1123

117 posts

Posted by Benny1123 > 2021-05-27 18:00 | Report Abuse

Why suddenly up...

Posted by trueinvestor > 2021-05-27 18:00 | Report Abuse

Bravo Kossan....

soon9913

2,709 posts

Posted by soon9913 > 2021-05-27 21:35 | Report Abuse

Well close!

8888_

2,919 posts

Posted by 8888_ > 2021-05-28 09:39 | Report Abuse

Unlike TopGlove AGM none here talk why ah? No free food(virtual) won't go?

Posted by BuffetOnWeed > 2021-05-28 09:56 | Report Abuse

Glove counters having alot of hate. Which is good. Because 90% of people are usually wrong

5c0160

1,763 posts

Posted by 5c0160 > 2021-05-28 10:52 | Report Abuse

Rubbish counter. LOL

Undi_PKR

945 posts

Posted by Undi_PKR > 2021-05-28 12:09 | Report Abuse

Not rubbish govn? 1 day no talk why drop back?

shearer202

1,550 posts

Posted by shearer202 > 2021-05-28 13:47 | Report Abuse

KUALA LUMPUR (May 28): Canada is investigating allegations of forced labour in Malaysia's palm oil and glove manufacturing industries, the government said on Friday.

Malaysian firms, which includes some of the world's biggest palm oil and rubber glove producers, have faced increasing scrutiny in recent years over reports of labour abuses.

Employment and Social Development Canada told Reuters in an email that its Labour Programme was "actively researching a number of forced labour allegations in different countries and sectors, including palm oil and glove manufacturing in Malaysia".

It declined to provide further details or name specific companies being probed.

shearer202

1,550 posts

Posted by shearer202 > 2021-05-28 16:16 | Report Abuse

Rm1.xx coming ! Glove is totally dead since 28th May 2021 n there will be no more big rebound start from today , last chance to escape from get burn !

shearer202

1,550 posts

Posted by shearer202 > 2021-05-28 18:05 | Report Abuse

瓜拉庇劳手套厂关闭2周
(瓜拉庇劳28日讯)瓜拉庇劳一间大型手套厂被令关闭2周,目前该厂的确诊新冠病例累计达到71宗。

有关手套厂最先是于2天前有8名员工确诊新冠肺炎,随后工厂于26日(周三)被令关闭2周,而厂内415名员工则被安排进行筛检。

瓜拉庇劳天灾管理委员会主席莫哈末法扎指出,日前卫生局已经为415名员工进行筛检,如今确诊人数已从原有的8人,增加至71人,即64人为外籍员工,7人本地员工。

Albukhary

2,953 posts

Posted by Albukhary > 2021-05-28 18:07 | Report Abuse

shearer202, this glove factory is not listed company.

ivanlau

1,355 posts

Posted by ivanlau > 2021-05-28 18:52 | Report Abuse

tyxxp ; stoxxpixx2u gurus now believe hide in the cave. platinum member fee rm 15k per person. if 500 persons mean can earn 7.5 millions per annum. They really earn big money from platinum member fees . Do u still believe they earn big money from share market ?? No lah !!! They earn big money from your member fees......wake up guys.....

shearer202

1,550 posts

Posted by shearer202 > 2021-05-28 21:24 | Report Abuse

What about totsl lockdown but glove price drop more worst ??? Is that means the end of glove show ??

Benny1123

117 posts

Posted by Benny1123 > 2021-05-28 21:52 | Report Abuse

Total lockdown, all company drop, better close the shop before too late...

5c0160

1,763 posts

Posted by 5c0160 > 2021-05-28 22:01 | Report Abuse

Totallylockdown fir 2 weeks. glove factory close? essential product?

Albukhary

2,953 posts

Posted by Albukhary > 2021-05-29 00:42 | Report Abuse

Why public invest in Glove Stock when Full Lock Down?

1) When Government implement full lockdown, most of the business will be affected, and more than 70% of the Bursa listed company will be affected as well, especially those recovery stock. When they are affected, investor will foresee their coming quarter result will be bad. Hence, many investor will pull out their fund from these recovery stock. As a share investor, when you sell 1 stock, you seldom will take out the money and save into bank, you will immediately buy another stock which has less / minimal impact from the full lock down. So Health care sector is one of their first choice, as healthcare business are essential business, they can continue to operate during full lock down.

2) As you can see, most of the western country are start opening up their border, and all industries are back to normal. After this pandemic, people awareness on health have increase, many industries that previously never use glove has start to use glove regularly, such as massage, facial, saloon, food preparing...etc. This is so call the new normal after pandemic. I remember I have study a report last year, the journal foresee the demand of glove will surge when all economy sector start to open. Now it is a good timing for glove sector in Malaysia, when all other industries lock down, raw material will become cheaper, shipment to export will be ease also, worker shortage can be solved also (as previously many factory are paying high salary to grab worker, especially those contract worker with low skill required, such as packaging)

5c0160

1,763 posts

Posted by 5c0160 > 2021-05-29 07:45 | Report Abuse

Thanks Albuk.

Brutus

301 posts

Posted by Brutus > 2021-05-29 10:49 | Report Abuse

Surprised during the AGM no one asked about their plans for their massive piece of land in Bidor. I guess most are just too focused on the ASP. Tan Sri did mention Q2 ASP is slightly higher than the recently announced Q1. Expect more than 12 sen dividend next QR!

5c0160

1,763 posts

Posted by 5c0160 > 2021-05-29 20:29 | Report Abuse

harta n superm blist by US cbp. monday glove counter finish.

soon9913

2,709 posts

Posted by soon9913 > 2021-05-29 20:38 | Report Abuse

if 3 of top 4 companies black listed by USA will be benefiting kossan?..... usa is a big market and they paying premium price for the glove

ooi8888

1,650 posts

Posted by ooi8888 > 2021-05-29 20:42 |

Post removed.Why?

shearer202

1,550 posts

Posted by shearer202 > 2021-05-30 16:23 | Report Abuse

Do u think kossan wiil be out from the evil USA radar ???

shearer202

1,550 posts

Posted by shearer202 > 2021-05-30 16:25 |

Post removed.Why?

very_goat

312 posts

Posted by very_goat > 2021-05-30 19:22 | Report Abuse

MITI allows 18 manufacturing and manufacturing-related services (MRS) sectors to operate under MCO between June 1-14, subject to approval letter from the ministry

Kossan

303 posts

Posted by Kossan > 2021-05-30 19:36 | Report Abuse

Kossan is the only big4 company that can supply to USA. Limit up tomorrow!

Kossan

303 posts

Posted by Kossan > 2021-05-30 19:36 | Report Abuse

USA has banned TG, HT and superman will be banned

Kossan

303 posts

Posted by Kossan > 2021-05-30 19:37 | Report Abuse

ASP will fly because glove operation will be reduced to 60%. Supply and Demand theory

soon9913

2,709 posts

Posted by soon9913 > 2021-05-30 22:26 | Report Abuse

no wonder kossan share price is strong compare to supermx and harta... I think fund is collecting...

Kossan

303 posts

Posted by Kossan > 2021-05-30 23:38 | Report Abuse

Tomorrow headline - Kossan dominates USA market as major glove manufacturers faced suspension

Kossan

303 posts

Posted by Kossan > 2021-05-31 09:10 | Report Abuse

ASP in USA jacked up due to shortages. Only major and approved glove supplier benefited from the ASP, Kossan

Posted by BuffetOnWeed > 2021-05-31 13:43 | Report Abuse

Kossan, hahah not true. Rubberex also can hahah

soon9913

2,709 posts

Posted by soon9913 > 2021-05-31 14:59 | Report Abuse

coming quarter result will be record high!.. hold tight!

shearer202

1,550 posts

Posted by shearer202 > 2021-05-31 16:02 |

Post removed.Why?

Kossan

303 posts

Posted by Kossan > 2021-05-31 16:08 | Report Abuse

It’s a trick. Not the first time they have tricked you. Price increase tomorrow

Benny1123

117 posts

Posted by Benny1123 > 2021-05-31 18:28 | Report Abuse

Shearer202 anti glove company,, how much yr boss pay to you... Per msg haha

tamp0i

912 posts

Posted by tamp0i > 2021-05-31 21:19 | Report Abuse

Nvm and chill... Let the bad comments flow, usually I like to double down my money when I see a lot of badmouthing comments that makes it drop quickly so I can buy more and keep easily... Kekeke

calvintaneng

55,153 posts

Posted by calvintaneng > 2021-05-31 23:44 | Report Abuse

HI GUYS

KOSSAN IS THE BEST AMONG 4 GLOVES

BUT PRICE NOW IS STATUS QUO

IT MIGHT NOT GO DOWN SO MUCH LIKE SUPERMAX OR HARTA BECAUSE KOSSAN IS A GOOD COMPANY WHICH CALVIN LIKE THE MOST

BUT IT WON'T GIVE MUCH UPSIDE (MAYBE FOR DIVIDEND)

IF CAN SELL KOSSAN AND FOLLOW CALVIN BUY IJMPLANT (2216)

IJM PLANT CAN GO FROM RM2.00 TO RM4.00 (100% UPSIDE)

FINAL DECISION IS YOUR

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-05-26-story-h1565270772-WHY_GLOVES_ARE_FACING_HEADWINDS_AS_ILLUSTRATED_BY_CRYSTAL_CLEAR_EXAMPLE.jsp

Posted by YBB 杨虹玲 > 2021-05-31 23:44 | Report Abuse

hi. can buy now ?

calvintaneng

55,153 posts

Posted by calvintaneng > 2021-06-01 00:11 | Report Abuse

Yes

Palm Oil now good

Ijmplant

Thplant

Mhc Plant

brian3381

1,888 posts

Posted by brian3381 > 2021-06-01 08:07 | Report Abuse

Usa 5k cases only. Gg gloves

shearer202

1,550 posts

Posted by shearer202 > 2021-06-01 09:52 |

Post removed.Why?

yw92712

89 posts

Posted by yw92712 > 2021-06-01 10:58 | Report Abuse

Guys, put down a while ur glove counter, so that u can leverage down in future, the company is still nice from the account & balance sheet. Come joint the party in Pharmaniaga, vaccine is trending now! u can contra ur lost in glove by earning in pharma. Later ur can average down using ur earning from Pharma. Ride the vaccine trend like ur ride the Glove trend previously! Cheerlaaa Bro!!

Benny1123

117 posts

Posted by Benny1123 > 2021-06-01 12:50 | Report Abuse

Kossan rm1. 00 coming, you sell to me haha...

shearer202

1,550 posts

Posted by shearer202 > 2021-06-01 13:38 | Report Abuse

(Jun 1): Top Glove Corporation's plan to list in Hong Kong to raise up to $1 billion has been delayed as the world's largest rubber glove maker seeks to resolve a U.S. import ban on its products, sources with direct knowledge of the matter said.

The Malaysian firm, which is already listed in Kuala Lumpur and Singapore, flagged in late April it would sell 793.5 million shares in the listing, half what the company proposed in its application to the Hong Kong Stock Exchange in February.

However, the deal has stalled as the company awaits indications from U.S. Customs and Border Protection (CBP) on whether an imports ban would be lifted any time soon, the sources said.

Top Glove did not respond to a request for comment. The sources could not be named as the information was not yet made public.
01/06/2021 1:32 PM
X
Last hope for glove counter also demolished by the news of hk ipo ! Afternoon waterfall !

Hustle

3,615 posts

Posted by Hustle > 2021-06-01 13:42 | Report Abuse

基本面太差了

5c0160

1,763 posts

Posted by 5c0160 > 2021-06-01 14:12 | Report Abuse

Now is the real time glove counter totally game over n go holland.

Benny1123

117 posts

Posted by Benny1123 > 2021-06-01 15:28 | Report Abuse

Remember covid 19 will bring Malaysia to Holland..

Benny1123

117 posts

Posted by Benny1123 > 2021-06-01 15:32 | Report Abuse

If all glove counter game over, Malaysia also game over.. Think about that.. Little kid.

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