KOSSAN RUBBER INDUSTRIES BHD

KLSE (MYR): KOSSAN (7153)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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 2 hours ago

i4investor

2,797 posts

Posted by i4investor > 2016-02-05 15:00 | Report Abuse

no more cheap rubber price!!!!!
http://aimthebull.blogspot.my/2016/02/topglov-kossan-harta-supermx.html

ffforever

473 posts

Posted by ffforever > 2016-02-05 15:00 | Report Abuse

Seem like still have long way to bottom... em... wait wait..

i4investor

2,797 posts

Posted by i4investor > 2016-02-05 15:28 | Report Abuse

their profit margin will immediate cut!!!

i4investor

2,797 posts

Posted by i4investor > 2016-02-05 15:29 | Report Abuse

fund managers is selling with 2 solid reason
1. Weak USD soon
2. Strong rubber price

2 effects will immediate bring down huge margin

red_85

1,259 posts

Posted by red_85 > 2016-02-05 15:40 | Report Abuse

Just called 1 of my fren who worked in ib, he said cannot buy yet..sell force still there, received alot of news from fund house and downgrade glove sector... If u play for technical rebound, can fight. Is just Like gamble.. If u invest long term, avoid glove counters, wait for clear instructions from ib

leecuteguy

475 posts

Posted by leecuteguy > 2016-02-05 15:46 | Report Abuse

WHAT IS IB?

red_85

1,259 posts

Posted by red_85 > 2016-02-05 15:51 | Report Abuse

Investment bank. =.=

leecuteguy

475 posts

Posted by leecuteguy > 2016-02-05 15:56 | Report Abuse

thx

Jack Yc

75 posts

Posted by Jack Yc > 2016-02-05 16:48 | Report Abuse

This is like a skydive, yet to land

Gusen

1,871 posts

Posted by Gusen > 2016-02-05 16:56 | Report Abuse

brought more @ 6.5-6.49

winPLUSwin

418 posts

Posted by winPLUSwin > 2016-02-05 17:01 | Report Abuse

free fall ahahaha

Harold Huong

1,036 posts

Posted by Harold Huong > 2016-02-05 17:52 | Report Abuse

No bottom

Posted by Mohd Fahmi Bin Jaes > 2016-02-05 18:00 | Report Abuse

Avoide glove stock

sklyte

2,621 posts

Posted by sklyte > 2016-02-05 18:00 | Report Abuse

EPF is buying, why scare

kl2318

42 posts

Posted by kl2318 > 2016-02-05 18:16 | Report Abuse

EPFs stake now 8.5% vs 5.5%, 8 months ago.

red_85

1,259 posts

Posted by red_85 > 2016-02-05 19:04 | Report Abuse

If you can hold or cut lost like epf, no need scare..
As I said never invest by following epf, epf is managed by bunch of noob.
Do your homework... Epf can lost 50-90% and cut lost, how about u?

spectre007

1,407 posts

Posted by spectre007 > 2016-02-05 19:12 | Report Abuse

Driving up rubber price is a stupid move... they will just resort to synthetic rubber... who cares about the rubber price...

kl2318

42 posts

Posted by kl2318 > 2016-02-05 20:06 | Report Abuse

Not cutting. Owned this for 18 years.

Alpha Trader

1,983 posts

Posted by Alpha Trader > 2016-02-05 20:14 | Report Abuse

http://www3.lgm.gov.my/mre/

LATEX PRICES still down today despite this news! come on guys, have you guys did research, rubber prices is oversupply now, government cut also no use, trees can be burnt ah? no produce the tree sit there do what, after 7 years will die

in the past 3 years, there were moves to curb production to spur up prices, but could not help any price recovery, dnt be so silly to sell gloves

2centsense

1,196 posts

Posted by 2centsense > 2016-02-05 20:15 | Report Abuse

All of us are human; smart when you beat the market, stupid when the market whacked you. The market doesn't owe anyone a living. It comes and goes like the tide. Most of the time, many can predict the time and the direction of the tide. However hardly anyone can know the next tsunami.
My 'buy' target was 6.50 but the certainty of the market being uncertain warrants another look.

TakeStock

25 posts

Posted by TakeStock > 2016-02-05 20:27 | Report Abuse

Which ctr uses synthetic rubber, which one natural rubber? What's the difference in industry such as this?

Posted by spectre007 > Feb 5, 2016 07:12 PM | Report Abuse

Driving up rubber price is a stupid move... they will just resort to synthetic rubber... who cares about the rubber price...

TakeStock

25 posts

Posted by TakeStock > 2016-02-05 20:36 | Report Abuse

Which ctr produce synthetic rubber?

Harold Huong

1,036 posts

Posted by Harold Huong > 2016-02-05 22:00 | Report Abuse

Relax, Gong Xi Fatt Choi to all trader in the new year of Monkey

Posted by Mohd Fahmi Bin Jaes > 2016-02-05 22:03 | Report Abuse

Happy cny

Posted by lapinkiller > 2016-02-05 22:54 | Report Abuse

why epf keep buying kossan? their tp maintain rm10?

leecuteguy

475 posts

Posted by leecuteguy > 2016-02-05 22:56 | Report Abuse

where report showing epf tp rm 10

Posted by lapinkiller > 2016-02-05 23:00 | Report Abuse

i mean epf see kossan tp rm10 by pbb?

leecuteguy

475 posts

Posted by leecuteguy > 2016-02-05 23:31 | Report Abuse

the buying power from epf still not strong enough compare to selling power don know from where, if not the price will not drop so drastic

Posted by lapinkiller > 2016-02-05 23:37 | Report Abuse

later will see epf cease to be substantial shareholder at rm5

timbermad

118 posts

Posted by timbermad > 2016-02-08 18:37 | Report Abuse

All sellers mostly is retailers.. We'll see if the price bounce back this Wednesday

leecuteguy

475 posts

Posted by leecuteguy > 2016-02-08 21:24 | Report Abuse

i don think is retailer....if it is, the selling pressure would not be so high in such short period

uncle988

135 posts

Posted by uncle988 > 2016-02-09 10:42 | Report Abuse

TP 6.00 to go in...

timbermad

118 posts

Posted by timbermad > 2016-02-09 22:31 | Report Abuse

EPF on 3rd February. continous buying. the sell off probably due to the news of Levy on foreign worker. Which if we can see it effects all rubber players.

Posted by Mohd Fahmi Bin Jaes > 2016-02-09 22:45 | Report Abuse

Dow jones down

Posted by Wong Chie Kiong > 2016-02-10 10:35 | Report Abuse

19 years records kossan never loss money.. Why worry?

tsyjj

226 posts

Posted by tsyjj > 2016-02-10 23:38 | Report Abuse

100% agreed....today many ppl buy Kossan

timbermad

118 posts

Posted by timbermad > 2016-02-11 00:17 | Report Abuse

Already told price bounce back. If dow continue green today bigger rally aheads. TP 7.00

fhis

1,206 posts

Posted by fhis > 2016-02-11 05:18 | Report Abuse

looking good...

Posted by Smart Investor > 2016-02-11 05:47 | Report Abuse

Dow cny color

timbermad

118 posts

Posted by timbermad > 2016-02-11 15:29 | Report Abuse

:) Another good rally today.. Still far to go.

leecuteguy

475 posts

Posted by leecuteguy > 2016-02-11 18:00 | Report Abuse

price drop very fast n a lot.......price up slow n a little by little

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2016-02-11 19:45 | Report Abuse

Will rose back to 9.30.......

2centsense

1,196 posts

Posted by 2centsense > 2016-02-11 19:52 | Report Abuse

Strategists contend this stock market (US) requires a true purge...www.marketwatch.com (Published: Feb 9, 2016 9:42 a.m. ET).........Nikkei, DJ, FTSE all red...if China opens badly...can the true purge happens?.....Cash is still king....be cautious and wait patiently....we have not seen the worst yet.

timbermad

118 posts

Posted by timbermad > 2016-02-11 23:12 | Report Abuse

As for now kossan is against the tide.. Good one! Another rally tomorrow.. If the rm remains green..

Kim

4,157 posts

Posted by Kim > 2016-02-12 02:56 | Report Abuse

By spt at 6.66/6.68 and 6.75, 6.80 there already good sign of rebound as i can see.. so today should test back 7.00 and close 6.95 above.. Good luck holders.

2centsense

1,196 posts

Posted by 2centsense > 2016-02-12 08:58 | Report Abuse

The Dow’s downtrend is now official....www.marketwatch.com (Published: Feb 11, 2016 6:45 p.m. ET.......In bear markets, stocks have fewer, but steeper, rallies. Often referred to as “dead-cat bounces,” that are driven mostly by short-covering. Those rallies usually leave a pattern of lower highs)...

power88

1,588 posts

Posted by power88 > 2016-02-12 09:51 | Report Abuse

small volume.... down 0.18 sen...

Posted by moneymoneycome > 2016-02-12 11:38 | Report Abuse

when is quarter report released?

Kim

4,157 posts

Posted by Kim > 2016-02-12 13:39 | Report Abuse

Next session will move foward

Post a Comment
Market Buzz