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.

15,948 comment(s). Last comment by Chipee 2 days ago

Keyman188

5,968 posts

Posted by Keyman188 > 2021-09-09 18:06 |

Post removed.Why?

AdCool

3,861 posts

Posted by AdCool > 2021-09-09 18:19 | Report Abuse

Aiyah Kossan, today Top Glove drops, you apa pasal join the game? I dont have that much of fund to buy Kossan shares. I am focusing on Top Glove now. Pls wait for me. Dont rebound first.

mita29

1,064 posts

Posted by mita29 > 2021-09-09 21:05 | Report Abuse

luckily sold all when goreng above 4.2 previously..

niet

779 posts

Posted by niet > 2021-09-09 23:08 | Report Abuse

Short selling of glove shares today
topglov 4,971,100 shares worth 17.065 million MYR average price 3.4328 total volume 37846900
supermx 3,054,400 shares worth 8.674 million MYR average price 2.8398 total vol. 20346900
kossan 593,500 shares worth 1.7010 million MYR average price 2.8866 total vol 8444500
harta 107100 shares worth 0.705942 million MYR average price 6.5914 total vol 11051700

percent shorted
top glov 13%
supermx 15%
kossan 7%
harta 0.9%
09/09/2021 11:07 PM

casanwk

1,496 posts

Posted by casanwk > 2021-09-10 00:06 | Report Abuse

Tomorrow waiting signal to buy in.
B flat correction about to start- price reversal
Possible short cover by shortist
If mkt (bursa index) condition is bearish, price will continue sideway
All the best!

somo1

178 posts

Posted by somo1 > 2021-09-10 07:26 | Report Abuse

Niet, handy summary.

casanwk

1,496 posts

Posted by casanwk > 2021-09-10 09:10 | Report Abuse

Pullback or price run away?

casanwk

1,496 posts

Posted by casanwk > 2021-09-10 09:23 | Report Abuse

Klci index negative!
Price won't go far

8888_

2,919 posts

Posted by 8888_ > 2021-09-10 10:08 | Report Abuse

US Covid-19 up again because use less gloves?

Posted by NatsukoMishima > 2021-09-10 10:14 | Report Abuse

CBP ban lifted !
10/09/2021 9:57 AM
X
NatsukoMishima USA not happy about China good relationships with Taliban , more n more trade war will happen n more tariffs will be implement on China imports , good for malaysia gloves stock !
10/09/2021 10:00 AM
X
NatsukoMishima TOP GLOVE CORPORATION BHD ("TOP GLOVE" OR THE "COMPANY")TOP GLOVE MALAYSIA IS
CLEAR AND ALLOWED TO RESUME EXPORTING AND SELLING GLOVES TO U.S.A. FOLLOWING
MODIFICATION OF FINDING BY U.S. CBP
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
10/09/2021 10:11 AM
X
NatsukoMishima Our king is back will fight back with China Intco n all the bull shits over goreng tech stocks especially genetec !
10/09/2021 10:13 AM

newbie5354_

1,268 posts

Posted by newbie5354_ > 2021-09-10 10:17 | Report Abuse

If Kossan underpaid dividend hence cheapest among big 4 gloves why can't announce special dividend like Hartalega?

newbie5354_

1,268 posts

Posted by newbie5354_ > 2021-09-10 10:20 | Report Abuse

SD cannot declare because no extra cash?

Posted by NatsukoMishima > 2021-09-10 10:21 | Report Abuse

USA lifted the ban because they will start new n more tight tension trade war with China ! Maybe the PPE products will be the first target then china businessman will slow down expansions ! Mslaysia glove is still the NO.1 dominant in the world !

Posted by NatsukoMishima > 2021-09-10 10:23 | Report Abuse

China PPE only can donate free to Taliban , western countries reject to buy anymore !

Posted by NatsukoMishima > 2021-09-10 10:28 | Report Abuse

The sky is clear now with the fight back from our world No.1 king Top Glove !

niet

779 posts

Posted by niet > 2021-09-10 10:34 | Report Abuse

Why US lift sanction. USA got a lot of Covid cases. So have to lift mah. LOL

casanwk

1,496 posts

Posted by casanwk > 2021-09-10 11:26 | Report Abuse

Mkt still bearish- negative klci
No brake for pullback?

Posted by Orang_Selangor > 2021-09-10 12:37 | Report Abuse

Inter-district travel start today soon 60% work capacity can lift?

SHOB

598 posts

Posted by SHOB > 2021-09-10 13:21 | Report Abuse

lower down .....can collect more

casanwk

1,496 posts

Posted by casanwk > 2021-09-10 15:06 | Report Abuse

Mkt still negative - 3 point down
Flat correction continue - 200 fib retr
Next support 278

Posted by KeithKingsley > 2021-09-10 17:10 | Report Abuse

theoritically covid become endemic means it become long term disease among us until reach our own immunity such as chicken pox. So in long term this endemic will demand glove consistantly even when asp is down a little. So feel long term glove sector still earning path and will up soon. What u think?

CharlesT

14,609 posts

Posted by CharlesT > 2021-09-10 17:13 | Report Abuse

Demand will grow but supply grows much faster than demand...so ASP drops sharply....2022 or 2023 will be challenging for glove if China increases further, not talking our increase in local capacity here

CharlesT

14,609 posts

Posted by CharlesT > 2021-09-10 17:14 | Report Abuse

China increase fm less than 10% to 20% now in terms of global supply....within one year's time

SHOB

598 posts

Posted by SHOB > 2021-09-10 20:26 | Report Abuse

will drop to lowest in2021 Rm2.30 .....................laosai

AdCool

3,861 posts

Posted by AdCool > 2021-09-11 02:30 | Report Abuse

China could lose its tariff exemption soon by Sept 30 if a deal is not made within these 2 weeks. Once the tariff exemption is gone, China export to US would be dealt with higher purchase price and this includes all the PPE. That could be the reason why US lifted the ban on Top Glove.

Posted by lndependentlnvestor > 2021-09-12 13:25 | Report Abuse

My analysis: JPMorgan's favourite PPE company, TP of RM3.80. Why? Because currently Kossan's market cap is RM7 billion but it's profit for ONE QUARTER is RM1 billion already. Even if Kossan's profit drop by FIVE TIMES, to RM200 million per quarter, it's PE will still be 8. PE 8 even if profit drop 5 times. That is why JPMorgan loves Kossan the most. Kossan also produces a whole lot of Cleanroom gloves. Not just Nitrile. TG, Harta and Supermax are currently overvalued and they only depend on Nitrile gloves for profits. Kossan will be victorious.

Seek

443 posts

Posted by Seek > 2021-09-12 14:11 | Report Abuse

Show JPMorgan report please.

Ryan83

1,835 posts

Posted by Ryan83 > 2021-09-13 09:16 | Report Abuse

Everyone is waiting Top Glove QR this Friday...Hope profit after tax not drop more than 30% from previous quarter profit RM2 billions....If drop more than 30% another selling down of all glove stocks

casanwk

1,496 posts

Posted by casanwk > 2021-09-13 09:38 | Report Abuse

Mkt down 6 point
B flat correction continue
Next support 271

Keyman188

5,968 posts

Posted by Keyman188 > 2021-09-13 09:50 | Report Abuse

Lai...lai...lai...

Keyman188 waiting 2nd batch @ 2.70...

Faster lorrr....Don't let Keyman188 wait too long...


wkwkwk...kekeke...hehehe...

6166chats

71 posts

Posted by 6166chats > 2021-09-13 09:57 | Report Abuse

2.75 support level

6166chats

71 posts

Posted by 6166chats > 2021-09-13 12:39 | Report Abuse

top four glove industries movement based on Monday open vs current price

HARTA 6.95 vs 6.25 - 0.70 (10.07%)
KOSSAN 3.13 vs 2.74 - 0.39 (12.46%)
SUPERMX 2.98 vs 2.73 - 0.25 ( 8.39%)
TOP G 3.77 vs 3.30 - 0.47 (12.47%)

siiyang96

51 posts

Posted by siiyang96 > 2021-09-13 15:39 | Report Abuse

dun siao siao oh..
covid case decreases somemore..
let us wait for 2.50

Loh Kok Wai W

3,608 posts

Posted by Loh Kok Wai W > 2021-09-13 16:33 | Report Abuse

glove counters still downtrend.......

Keyman188

5,968 posts

Posted by Keyman188 > 2021-09-13 16:59 | Report Abuse

BRAVO...Keyman188 managed to bet 2nd batch @ 2.70...


wkwkwk...kekeke...hehehe...

casanwk

1,496 posts

Posted by casanwk > 2021-09-13 19:39 | Report Abuse

Congrats @270
I still waiting for the trading signal!

tamp0i

912 posts

Posted by tamp0i > 2021-09-13 23:37 | Report Abuse

Hahaha really shorting to 2.0 kah? Good good... My dream come true.. Now I have new request can short further to 1.70 kah? I want accumulate more and more please, makan dividend so full

Raiz368

1,583 posts

Posted by Raiz368 > 2021-09-13 23:47 | Report Abuse

Everyday new low so maybe tomorrow breakout to new high....

newbie5354_

1,268 posts

Posted by newbie5354_ > 2021-09-14 09:33 | Report Abuse

Windfall tax fear not behind drop? Does PH request in bipartisan agreement with govn?

Keyman188

5,968 posts

Posted by Keyman188 > 2021-09-14 09:36 | Report Abuse

Lai...lai...lai...

Don't talk 3 talk 4 talk cock...

Keyman188 waiting 3rd batch @ 2.51...

Keyman188 always madness...others selling Keyman188 like to move opposition direction to bet in...


wkwkwk...kekeke...hehehe...

newbie5354_

1,268 posts

Posted by newbie5354_ > 2021-09-14 09:51 | Report Abuse

So many different ids posted recently. Are you all behind shorting of Kossan? Why must posts here if no Kossan?

newbie5354_

1,268 posts

Posted by newbie5354_ > 2021-09-14 09:53 | Report Abuse

Answer me newbie first before talk more nonsense.

newbie5354_

1,268 posts

Posted by newbie5354_ > 2021-09-14 09:55 | Report Abuse

Keyman TP RM 2.51 pls mention exact date when can reach?

newbie5354_

1,268 posts

Posted by newbie5354_ > 2021-09-14 09:58 | Report Abuse

50 sen Kossan special dividend(SD) (aka year end bonus?) why none i3 members dare request? Not Kossan underpaid dividend so far or no extra cash can sifus advise?

casanwk

1,496 posts

Posted by casanwk > 2021-09-14 11:00 | Report Abuse

Price at bottom? Turning around!
Stochastic bullish divergent- double bottom
(2 hour chart)

Keyman188

5,968 posts

Posted by Keyman188 > 2021-09-14 11:10 | Report Abuse

If you feel not secure...

If you feel not comfort...

If you feel no hope...

Then...simple just sold all & cut loss lorrr...

Adui...

NO ANYBODY force you to buy mahhh......


wkwkwk...kekeke...hehehe...

Why_

788 posts

Posted by Why_ > 2021-09-14 11:13 | Report Abuse

50 sen Topglove premium(>RM 3.2) over Kossan because of 70% dividend policy? Why Kossan cannot have 70% dividend policy if good for shareholders?

Keyman188

5,968 posts

Posted by Keyman188 > 2021-09-14 11:19 | Report Abuse

Are you saying Keyman188 talking nonsense !!!...

You are so naive...

Keyman188 still recall last few months back...

A lot of investors or traders said wouldn't drop below 4.00...wouldn't drop below 3.00...

Who can guarantee this violence market !!!...


wkwkwk...kekeke...hehehe...




Posted by newbie5354_ > Sep 14, 2021 9:53 AM | Report Abuse

Answer me newbie first before talk more nonsense.

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