KOSSAN RUBBER INDUSTRIES BHD

KLSE (MYR): KOSSAN (7153)

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Last Price

2.12

Today's Change

-0.03 (1.40%)

Day's Change

2.09 - 2.15

Trading Volume

3,615,000


18 people like this.

15,725 comment(s). Last comment by Chipee 2 days ago

skcm2017

569 posts

Posted by skcm2017 > 2022-01-10 00:44 | Report Abuse

Scientists Identify Coronavirus Strain In Cyprus—‘Deltacron’—That Blends Delta And Omicron

Ryan83

1,835 posts

Posted by Ryan83 > 2022-01-10 11:27 | Report Abuse

US new record high hospitalizations last 7 days average 130,000 Covid-19 patients....Worse yet to come for coming few weeks and medical gloves very high usage and demands really good prospects for top 3 Malaysia glove companies....Chinese gloves companies under import tariffs by US will benefit top 3 Malaysia gloves companies increasing glove market share in US

bang_miskin

1,059 posts

Posted by bang_miskin > 2022-01-10 15:22 | Report Abuse

I found that Harta and Kossan are like brothers: very similar price movement, very similar QR trend. So do not underestimate this counter! If you think Harta is "too expensive" (it's not), you should consider Kossan.

alex

1,346 posts

Posted by alex > 2022-01-10 15:35 | Report Abuse

dompeilee alex 1.95 =)
06/01/2022 10:47 AM

Aiyo...KANCHEONG spiders like you very susah to make $$$ kikikuuuuu


excuse me ... i am still holding my position at 1.68 oh..

Panorama1

971 posts

Posted by Panorama1 > 2022-01-10 18:19 | Report Abuse

Stay Invested :-) Nothing Venture Nothing Gain. Too early to take profit.

Zrenxy

576 posts

Posted by Zrenxy > 2022-01-10 23:48 | Report Abuse

Kossan will hit rm3 faster

investorbat

1,314 posts

Posted by investorbat > 2022-01-11 11:26 | Report Abuse

Big order sapu from 2.01 to 2.04 within seconds,with nearly $1 cash,dividend yield of more than 6% for next 5 years is not an issue for Kossan.Who knows one time 0.30 special dividend?

newway

107 posts

Posted by newway > 2022-01-11 16:38 | Report Abuse

posted on 30/12/21, repost here.

If you are considering buying/selling Kossan stock, the following excerpt of 3q 2021 Result Report from Kossan Management may be instructive.

"...As we move into the 4th quarter of 2021, with the on-going vaccinations and higher vaccination rates recorded in the developed and developing countries, Covid-19 cases categorised as severe have declined. As such, the demand for gloves has eased with ASP’s also declining on a gradual basis.

However, even with these external factors, the Group expects the results for the Gloves division for the 4th quarter of the year to be within expectations

and for the overall full year 2021 to be satisfactory. The Group has always had an internal focus and is prepared for the post-pandemic period with a focus on operating efficiency, manufacturing excellence, research & development and innovation. Post-pandemic, the demand for gloves will continue to undergo structural growth as a result of increased healthcare standards and hygiene awareness in both the medical and non-medical sector.."

Kossan Management expects 4q 2021 result to be within expectations. In Management parlance, that means the Management is expecting good results

Posted by NatsukoMishima > 2022-01-11 16:49 | Report Abuse

Covid vaccine programs could end with third dose for most people, Israeli doctor predicts
PUBLISHED TUE, JAN 11 20222:19 AM EST

ket4212

589 posts

Posted by ket4212 > 2022-01-11 20:23 | Report Abuse

hold tight tight kossan

tamp0i

912 posts

Posted by tamp0i > 2022-01-12 12:25 | Report Abuse

No need sell lah... Go anywhere in Bursa also red... What for? Better stick to Kossan get constant good return of dividend kekeke

Ryan83

1,835 posts

Posted by Ryan83 > 2022-01-12 13:49 | Report Abuse

HONG KONG—With Covid-19 flaring up across China, major manufacturers are shutting factories, ports are clogging up and workers are in short supply as officials impose city lockdowns and mass testing on a scale unseen in nearly two years.

The prospect of continued disruptions in the world’s second-largest economy, which has a zero-tolerance strategy for combating the pandemic, is heightening fears that the disruptions will ripple through the global economy. Already, companies including memory-chip maker Samsung Electronics Co., German auto maker Volkswagen AG and a textiles company that supplies Nike Inc. and Adidas AG are suffering production hitches.

Since late December, officials have taken measures to counter Covid-19 outbreaks in several Chinese cities, including the eastern port of Tianjin, Xi’an in central China, and the southern technology hub of Shenzhen. The world’s third-busiest container port of Ningbo-Zhoushan, near Shanghai, risks worsening backlogs from restrictions on trucks and warehouse operations after more than two dozen Covid-19 cases were confirmed in the surrounding area.

skcm2017

569 posts

Posted by skcm2017 > 2022-01-13 08:45 | Report Abuse

Today mark +3,037,385 (over 3mil cases per day) and the critical cases and death go higher day-by-day

Posted by NatsukoMishima > 2022-01-13 09:21 | Report Abuse

2023 all back to normal , covid become seasonal flu !

Posted by NatsukoMishima > 2022-01-13 10:52 | Report Abuse

Bye bye to covid n glove should rest for 10 years !

Kim

3,930 posts

Posted by Kim > 2022-01-13 11:10 | Report Abuse

Rest 10 years? haha. the best price now. =) Taking more.

Markv572421

3,037 posts

Posted by Markv572421 > 2022-01-14 16:51 | Report Abuse

Good vaccine or not good vaccine ...still number of cases still increasing. Hear many vaccine come out but still no vaccine can treat these so called covid .....

NatsukoMishima Covid vaccine programs could end with third dose for most people, Israeli doctor predicts
PUBLISHED TUE, JAN 11 20222:19 AM EST
11/01/2022 4:49 PM

Markv572421

3,037 posts

Posted by Markv572421 > 2022-01-14 16:52 | Report Abuse

Probably wait on Monday see if i could catch below 1.90

Kim

3,930 posts

Posted by Kim > 2022-01-17 11:42 | Report Abuse

Buy =)

Posted by I_like_dividend > 2022-01-17 11:46 | Report Abuse

QR when? 20 sen dividend can declare?

Posted by I_like_dividend > 2022-01-17 11:52 | Report Abuse

Cukai Makmur in 2022 why not pay more dividend to reduce profit and tax?

8888_

2,919 posts

Posted by 8888_ > 2022-01-17 12:03 | Report Abuse

QR in Jan? Why CFO >RM 2 buying?

idunwork

428 posts

Posted by idunwork > 2022-01-17 14:06 | Report Abuse

@I_like_dividend
Dividend is from profit

Kim

3,930 posts

Posted by Kim > 2022-01-19 10:45 | Report Abuse

Buy & Going move =)

Markv572421

3,037 posts

Posted by Markv572421 > 2022-01-19 11:20 | Report Abuse

Seems weak to me ....

planta

269 posts

Posted by planta > 2022-01-21 09:36 | Report Abuse

U like dividend need to go mbmr, or bank stocks. Blue chips. Tenaga should be blue chip also but has been dropping quite a lot liao

===================
I_like_dividend QR when? 20 sen dividend can declare?

bang_miskin

1,059 posts

Posted by bang_miskin > 2022-01-21 11:31 | Report Abuse

Kossan steady no worries. If dividend remains at 12 sen just like the last three quarters, it is a steal.

lawrgan

715 posts

Posted by lawrgan > 2022-01-21 12:48 | Report Abuse

Dividen I will be slashed. Do not dream

bang_miskin

1,059 posts

Posted by bang_miskin > 2022-01-21 14:58 | Report Abuse

@CUTLOST Sir sini kaunter kossan, bukan kaunter dnex.

dlau8899

915 posts

Posted by dlau8899 > 2022-01-22 21:52 | Report Abuse

China busy for omicron lockdown may infect export, glove may also infected export

8888_

2,919 posts

Posted by 8888_ > 2022-01-24 11:30 | Report Abuse

Down bec EPF selling? Even 12 sen dividend for whole 2022 already >EPF 2021 dividend why EPF sell?

8888_

2,919 posts

Posted by 8888_ > 2022-01-24 11:32 | Report Abuse

Esceram QR why nobody talk? Is gloves days over?

8888_

2,919 posts

Posted by 8888_ > 2022-01-24 11:59 | Report Abuse

FD higher rate for each drop?

Up_again

949 posts

Posted by Up_again > 2022-01-24 12:02 | Report Abuse

China lockdown only affects import. The gov prioritizes export, wanna earn as much dollar as possible while lowering demand for dollar in China by eliminating imports

Posted by NatsukoMishima > 2022-01-24 14:32 | Report Abuse

A famous glove factory security beat n abused foreign workers recently , news already spread to Andy Hall , look like another glove factory from Malaysia will be banned by USA CBP soon !

CUTLOST

5,178 posts

Posted by CUTLOST > 2022-01-24 15:38 | Report Abuse

Friday can consider buy at Rm1.20

8888_

2,919 posts

Posted by 8888_ > 2022-01-25 09:03 | Report Abuse

Nobody in i3 dare to defend bec 1.84-1.86 they sold?

CUTLOST Friday can consider buy at Rm1.20
24/01/2022 3:38 PM

8888_

2,919 posts

Posted by 8888_ > 2022-01-25 09:03 | Report Abuse

Collect more from i3 members selling.

newbie5354_

1,240 posts

Posted by newbie5354_ > 2022-01-25 14:53 | Report Abuse

CUTLOST can you answer me since I am newbie? Is your RM 1.2 referring to Supermax? Why pay RM 1.2 since you can get RM 1.15 today?

CUTLOST Friday can consider buy at Rm1.20
24/01/2022 3:38 PM

Ryan83

1,835 posts

Posted by Ryan83 > 2022-01-25 21:59 | Report Abuse

Kossan coming QR will give minimum 12 sen dividend very high dividend yield almost 7% current price 1.85

bang_miskin

1,059 posts

Posted by bang_miskin > 2022-01-25 22:05 | Report Abuse

Kossan relatively steady in light of recent sell-off. 12 sen dividend is great, plow back in and buy back more Kossan

skcm2017

569 posts

Posted by skcm2017 > 2022-01-26 23:03 | Report Abuse

https://www.cnbc.com/2022/01/26/more-than-two-thirds-of-omicron-cases-are-reinfections-study-suggests.html

More than two-thirds of omicron cases are reinfections, English study suggests

masterus

3,529 posts

Posted by masterus > 2022-01-30 14:38 | Report Abuse

Now with the passage of Proposition 47, prosecutors cannot charge a forgery involving less than $950 as a felony unless the defendant has a criminal record. The measure both affects future convictions and allows for people currently incarcerated for crimes covered by the measure to petition for re-sentencing.

onhands

160 posts

Posted by onhands > 2022-01-31 17:27 | Report Abuse

kossan Annualized Result ( EPS: 137.35, P/E: 1.31 )

JovaneChua

413 posts

Posted by JovaneChua > 2022-02-03 12:20 |

Post removed.Why?

8888_

2,919 posts

Posted by 8888_ > 2022-02-04 10:37 | Report Abuse

PE low, DY high why not buy more on dips?

dlau8899

915 posts

Posted by dlau8899 > 2022-02-04 16:59 | Report Abuse

1.98

dlau8899

915 posts

Posted by dlau8899 > 2022-02-04 18:06 | Report Abuse

Covid19 case above 7000

dlau8899

915 posts

Posted by dlau8899 > 2022-02-05 11:10 | Report Abuse

2.10

ket4212

589 posts

Posted by ket4212 > 2022-02-05 15:20 | Report Abuse

9117cases

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