Posted by pjseow > 2021-12-16 13:10 | Report Abuse

Kossan current Nitrile to Latexx.gloves capacity ratio is 85 to 15 % . By end of 2022, Kossan capacity will be increased from 32 b.to 41 b per year with about 88 % Nitrile to latexx ratio. This is almost the current Harta capacity of 43 b per year. However, the price of Kossan is only 1/3 of Harta . This is because Harta used to enjoy PE of more than 40 during prepandemic while Kossan PE is just more than 20. The main reason is the higher Harta growth rate compared with Kossan during pre pandemic years and also the 15 % Harta margin compared with Kossan 11 %. I expect Kossan to.close the gap gradually.as it.increase its Nitrile ratio.

Posted by jolynce > 2021-12-16 13:10 | Report Abuse

Value trap or value investing.. only time will tell.

Posted by Ryan83 > 2021-12-16 14:12 | Report Abuse

Whether it is value trap or value investing top 4 glove companies still enjoy profitable revenue and billions of net cash...Recovery year for glove stocks in 2022 is coming soon as Omicron variant becomes increasingly deadly worldwide weeks by weeks

Posted by wangtrader > 2021-12-16 14:24 | Report Abuse

share price speaks louder than any fundamental thought here .

Posted by Ryan83 > 2021-12-16 14:37 | Report Abuse

Long term price movement will reward long term shareholders as glove business will be profitable and 8-10% annual growth plus consistent dividends with billions of net cash

Posted by wangtrader > 2021-12-16 15:40 | Report Abuse

RSS tried to shake up retailers to get cheap ticket to close their position.

Posted by wangtrader > 2021-12-16 15:46 | Report Abuse

they spend lots of efforts to look for "panic selling " lmfao

Posted by wangtrader > 2021-12-16 16:08 | Report Abuse

RSS is the buyer and also seller, once retailers queue on buying side, they will dump the shares and remove their buy queue.. SC should use the market surveillance system to trace the transactions

Posted by wangtrader > 2021-12-16 16:12 | Report Abuse

i advise dont trade this stock ,buy and hold if you really want it..RSS has two ways options ,to buy and sell, and retailer has only one way ,buy.

Posted by NatsukoMishima > 2021-12-16 16:49 | Report Abuse

Still can tahan , not bad for glove !

Posted by greenonion > 2021-12-16 16:53 | Report Abuse

RSS short sell gloves because they know these counters are oversold with good value over the next few years. Would they short sell aviation shares?

Posted by jolynce > 2021-12-16 18:09 | Report Abuse

yes, and they know many people are fearful, so they play with this sentiment. It's perfect. Easy money for them when people sell cheaply to them!

Posted by greenonion > Dec 16, 2021 4:53 PM | Report Abuse

RSS short sell gloves because they know these counters are oversold with good value over the next few years. Would they short sell aviation shares?

Posted by idunwork > 2021-12-16 18:22 | Report Abuse

The directors are really buying

Posted by skcm2017 > 2021-12-16 22:57 | Report Abuse

The new omicron coronavirus mutant speeding around the world may bring another wave of chaos, threatening to further stretch hospital workers already struggling with a surge of delta cases.

“Our delta surge is ongoing and, in fact, accelerating. And on top of that, we’re going to add an omicron surge,” said Dr. Jacob Lemieux. Harvard experts said the world health and states are likely underestimated because omicron is moving so fast that surveillance attempts can’t keep up.

Posted by skcm2017 > 2021-12-17 09:01 | Report Abuse

Covid 19 Worldwide
+641,048 - 2 days
+725,525 - 1 Day
+700,873 - Today, still counting..

Posted by hoot9e996 > 2021-12-17 09:04 | Report Abuse

how those numbers are calculated?
if already infected > cured > infected again how?

Posted by longtermvaluegain > 2021-12-17 10:03 | Report Abuse

Long term price movement will reward long term shareholders as glove business will be profitable and 8-10% annual growth plus consistent dividends with billions of net cash
16/12/2021 2:37 PM
(Ryan83)

KOSSAN 目前净现金是多少？

Posted by Luen07 > 2021-12-17 10:18 | Report Abuse

有25亿吧！

Posted by Luen07 > 2021-12-17 10:22 | Report Abuse

每股分得.98 cent

Posted by longtermvaluegain > 2021-12-17 10:33 | Report Abuse

what?!
NET CASH PER SHARE 98 SEN !!
NET CASH RM 2.5 BILLION !!

Posted by MorningGlory123 > 2021-12-17 10:58 | Report Abuse

Covid surge is gripping New York City ahead of the holidays: ‘We’ve never seen this before’

CDC data shows that omicron is spreading fastest in New York and New Jersey.

On Dec. 12, the Covid-19 test positivity rate in the city was 7.8%, up from 3.9% just three days before, according to Dr. Jay Varma, a top health advisor to Mayor Bill de Blasio.


https://www.cnbc.com/2021/12/16/new-york-city-is-seeing-a-covid-surge-ahead-of-the-holidays-weve-never-seen-this-before.html

Posted by investorbat > 2021-12-17 11:29 | Report Abuse

Share price is normally 6 months ahead,most probably the normalize ASP middle of 2022 is being factored in, risks r ASP drop below pre covid and bad market sentiment .Safe bet around 1.6-1.7,if it is the bottom around here,gain is huge.Not a buy/sell call

Posted by bang_miskin > 2021-12-17 12:05 | Report Abuse

At current price it is a very, very good buy. (Like all comments on this forum, buy and sell at your own risk).

Posted by casanwk > 2021-12-17 14:10 | Report Abuse

Buy at 1.76, in fact u paying 76 sen only
Lai lai lai - huge discount
Whole mkt u cannot find anymore...

Posted by greenonion > 2021-12-17 14:18 | Report Abuse

RSS is no longer shorting aggressively. They may be pushing up the price gradually to square back their balance sheet before end of 2021. The market outlook is against them to short due to the new variant outbreak. The next 10 days are crucial for glove counters to close this year; not as sore losers but with gaining momentum for 2022 (first 6 mths at least). Lets see

Posted by wangtrader > 2021-12-17 17:00 | Report Abuse

omicron has lesser effect compared to delta variant, but the fact is that ,glove counter will still be rewarded ,lesser death rate from omicron will only affect coffin counters ,not glove counters . lols

Posted by jolynce > 2021-12-17 17:15 | Report Abuse

more testing and vaccination translates to higher glove demand - Fact!

Posted by Panorama1 > 2021-12-17 18:18 | Report Abuse

Just like Hartalega, Good Value Buy
I rest my case.

Posted by Kevin Tam > 2021-12-17 21:01 | Report Abuse

Wang trader maybe correct don’t trade Kossan or Topglove for super short term ( 2days to 1 week),if retail investors got confidence for Kossan, should hold it for 12 months to 2 years, dividend yield is more than 15% if using share price of RM1.75-1.80 to calculate… In term of value n less negative issues , Kossan is better than Harta n Topglove but many retail investors don’t look at value that much , they prefer buying Topglove or Supermax… For RSS, that the professional funds doing with their advantage against retail investors but room fo drop for Kossan is much smaller than Topglove n Super… I believe Kossan bottom should be at 1.65-1.75 whereas Topglove still can drop to 1.60-1.80 if negative news coming out again …

Posted by pjseow > 2021-12-18 08:32 | Report Abuse

US imposed taxes on China Nitrile gloves? Good news for Malaysian.glove makers?
-----------------
https://youtu.be/BPLQIzjGxnk
18/12/2021 8:30 AM

Posted by NatsukoMishima > 2021-12-18 09:59 | Report Abuse

@DJoker89 IDSS lifted indeed a good news.
Now everyone can SHORT fly high counter.

Smart one will know which counter good to short.

Hahahahahahha...Hooray

________
I think sharks will aim to over goreng tech stocks like MPI , D&O , GENETEC , INARI , KOBAY , UNISEM , UWC , pmbtech , SAM

Posted by Luen07 > 2021-12-18 11:54 | Report Abuse

有可能，因为科技股起了很多，估值太高了。

Posted by NatsukoMishima > 2021-12-18 16:44 | Report Abuse

@pjseow US imposed taxes on China Nitrile gloves? Good news for Malaysian.glove makers?
-----------------
https://youtu.be/BPLQIzjGxnk

_____________

Sure or not ?? No news out ??

Posted by Albukhary > 2021-12-18 16:58 | Report Abuse

Confirmed, you can google US Tariff Section 301 Exclusion list.

Previous there are 99 products, but now only 81 product can enjoy the exclusion till 30 June 2022, while remaining 18 product will end from the exclusion list by 30 Nov 2021.

Nitrile Glove and Mask are one of the item under the 18 products, so their tariff exemption is until 30 Nov 2021 only.

Posted by Albukhary > 2021-12-18 17:00 | Report Abuse

投资者提问：

美国301关税对一次性手套豁免期11月30日到期，对贵司美国市场订单是否有影响？

董秘回答(英科医疗(56.080, -2.18, -3.74%)SZ300677)：

尊敬的投资者您好，美国301关税对一次性丁腈手套豁免期于11月30日到期，目前，对于一次性医疗级丁腈手套加征7.5%关税，一次性工业级丁腈手套加征25%关税，一次性PVC手套不征收关税。关于关税变化，公司一直保持高度关注并积极应对，同时采取了多种措施并适时调整，尽可能消除关税事件所带来的影响，相关措施目前包括： 1、公司已聘请美国优秀律师向USTR提起陈情，申请继续豁免； 2、公司计划加大海外生产基地的建设，以消除未来关税的影响；同时加大非美区域的市场开拓，服务好全球范围内的客户； 3、公司重视ESG发展，相比马来西亚公司，公司治理良好。同时公司具备行业领先的成本控制能力，且产品质量广受好评，客户持续合作意愿强烈。 感谢您的关注！

Posted by skcm2017 > 2021-12-19 01:40 | Report Abuse

Omicron deaths in England rise to seven
The number of deaths in England of people with the Omicron variant has risen to seven, the UK Health Security Agency said, from the previous figure of one

Posted by MorningGlory123 > 2021-12-19 12:42 | Report Abuse

WHO says Omicron in 89 countries and spreading rapidly

The Omicron coronavirus variant has been reported in 89 countries and the number of cases is doubling in 1.5 to three days in areas with community transmission, the World Health Organization (WHO) has said.


https://www.theguardian.com/world/2021/dec/18/who-says-omicron-in-89-countries-and-spreading-rapidly

Posted by Useless > 2021-12-20 11:43 | Report Abuse

Enter CI(aim next 6 months) why not good? Look at TG(QR worse than Kossan), Inari or DIY share price when enter CI.

Posted by Useless > 2021-12-20 11:50 | Report Abuse

Govn also like my ID? Appoint wrong people in Bursa/SC?

Posted by Useless > 2021-12-20 11:58 | Report Abuse

S'pore, China, US and many countries aim higher index YOY unlike M'sia drop.

Posted by Useless > 2021-12-20 11:59 | Report Abuse

Profit latest QR>TopGlove, Inari, DIY how can say not qualify to enter CI?

Posted by Useless > 2021-12-20 12:15 | Report Abuse

Lousy CI members=lousy CI index govn don't know?

Posted by 8888_ > 2021-12-20 17:13 | Report Abuse

Reversal confirmed? Up 6 sen when CI down 8 pts.

Posted by 8888_ > 2021-12-20 17:15 | Report Abuse

17-Dec-2021 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 495,700 shares on 14-Dec-2021.
16-Dec-2021 Insider TAN SRI DATO' LIM KUANG SIA (a substantial shareholder) acquired 500,000 shares on 14-Dec-2021.
16-Dec-2021 Insider TAN SRI DATO' LIM KUANG SIA (a company director) acquired 500,000 shares on 14-Dec-2021.
15-Dec-2021 Insider MR LIM KUANG WANG (a substantial shareholder) acquired 60,000 shares on 13-Dec-2021.
15-Dec-2021 Insider MR LIM LENG BUNG (a substantial shareholder) acquired 200,000 shares on 13-Dec-2021.
15-Dec-2021 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 407,700 shares on 10-Dec-2021.
15-Dec-2021 Insider MR LIM LENG BUNG (a company director) acquired 200,000 shares on 13-Dec-2021.
14-Dec-2021 Insider MR LIM KUANG WANG (a substantial shareholder) acquired 106,000 shares on 10-Dec-2021.
14-Dec-2021 Insider TAN SRI DATO' LIM KUANG SIA (a substantial shareholder) acquired 500,000 shares on 10-Dec-2021.
14-Dec-2021 Insider TAN SRI DATO' LIM KUANG SIA (a company director) acquired 500,000 shares on 10-Dec-2021.

Posted by NatsukoMishima > 2021-12-20 21:14 | Report Abuse

Wow this time really in big trouble because US n europe countries all underestimated the virulent of omicron n it is killing more victims now in UK !
Stay home stay safe ,lock down is the only way to curb this pandemic !

Posted by gohkimhock > 2021-12-21 00:06 | Report Abuse

Omicron can even get past booster so easily. Amazing. Might be due to its highly mutated spike protein.

Posted by masterus > 2021-12-21 07:01 | Report Abuse

https://www.wsj.com/articles/omicron-prompts-new-covid-19-restrictions-in-europe-11639921351

Posted by MorningGlory123 > 2021-12-21 08:42 | Report Abuse

Omicron spreading ‘significantly faster’ than Delta – WHO: Live

WHO chief warns of reinfection from COVID as the US health authorities say Omicron variant now accounts for 73.2 percent of new cases.

The World Health Organization (WHO) has said the Omicron variant of the coronavirus is spreading faster than the Delta variant and is causing infections in people already vaccinated or who have recovered from the COVID-19 disease.


https://www.aljazeera.com/news/2021/12/20/germany-to-impose-quarantine-on-travelers-from-uk-live

Posted by NatsukoMishima > 2021-12-21 10:36 | Report Abuse

Starts flushing game again ! Repeat many round already ! This time how low will be ??

Posted by greenonion > 2021-12-21 10:38 | Report Abuse

China gloves manufacturers are throwing their supplies with lowest ASP and highest production in Dec before the import ban/tariff imposition from US. This affected our gloves players in terms of volume and ASP price. Look for longer term and you shall prevail