KOSSAN RUBBER INDUSTRIES BHD

KLSE (MYR): KOSSAN (7153)

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Last Price

2.10

Today's Change

-0.02 (0.94%)

Day's Change

2.08 - 2.12

Trading Volume

4,741,800


18 people like this.

15,738 comment(s). Last comment by Chipee 5 hours ago

Benny1123

117 posts

Posted by Benny1123 > 2022-02-06 12:25 | Report Abuse

Waiting dividend... When is the QR result?

RAbbit494

330 posts

Posted by RAbbit494 > 2022-02-07 12:27 | Report Abuse

masa membeli sebelum naik lebih tinggi TP 3000-4000 good luck

dlau8899

915 posts

Posted by dlau8899 > 2022-02-07 21:26 | Report Abuse

2.18

Shines

2,729 posts

Posted by Shines > 2022-02-08 12:15 | Report Abuse

Price down as if todays cases are lower

Posted by Arrogant83 > 2022-02-08 14:28 | Report Abuse

harta latest quarterly profit down

asp down lead net profit down

perhaps other peers facing the same problem

Posted by NatsukoMishima > 2022-02-08 16:47 | Report Abuse

China gloves really kill all malaysia gloves already , even have big cash flow but the future will be stagnant or worst for malaysia gloves !

Posted by NatsukoMishima > 2022-02-09 10:44 |

Post removed.Why?

RAbbit494

330 posts

Posted by RAbbit494 > 2022-02-09 11:30 | Report Abuse

semalam dah jual rugi sikit....bila lihat keadaan menurun. tak sangka berita tak baik dari QR harta dan open border dan junam waktu petang . jual sebelum junam nasib baik , lepas petang masuk Ataims skrg on profit harap boleh naik lagi . good luck

newbie5354_

1,240 posts

Posted by newbie5354_ > 2022-02-09 11:53 | Report Abuse

No wonder Harta Kuan not buying unlike Kossan Lim Kuang Sia. Who know Kossan is gainer from Harta, Supermax US market loss?

newbie5354_

1,240 posts

Posted by newbie5354_ > 2022-02-09 11:54 | Report Abuse

Lim Kuang Sia(who) buying more today possible sifus has answer?

newbie5354_

1,240 posts

Posted by newbie5354_ > 2022-02-09 11:55 | Report Abuse

Forced labour Kossan no issue correct or not unlike TG or Supermax?

newbie5354_

1,240 posts

Posted by newbie5354_ > 2022-02-09 11:57 | Report Abuse

Today posts bad work for shortie correct or not can answer me?

newbie5354_

1,240 posts

Posted by newbie5354_ > 2022-02-09 11:58 | Report Abuse

Esceram not gloves? Why good QR not highlighted unlike Harta bad QR any1 has answer?

newbie5354_

1,240 posts

Posted by newbie5354_ > 2022-02-09 12:02 | Report Abuse

Director highest bought price last 2 months any1 here can help me to find the answer? Is it 1.61?

Unfair

513 posts

Posted by Unfair > 2022-02-09 12:09 | Report Abuse

Why talk Dnex in Kossan thread? You work for brokers so must encourage daily trade is it?

bang_miskin

1,059 posts

Posted by bang_miskin > 2022-02-09 12:16 | Report Abuse

Based on recent QR, Kossan performance follows very closely with Harta. So whenever Harta's performance takes a dip, Kossan performance will very likely take a dip too.

Maybe Lim is buying Kossan, or maybe foreign funds stepping in. Harta used to buyback shares months ago but they stopped. Why? I don't know.

Force labour should not be an issue for Kossan and Harta. Forced labour no longer an issue for Topglove also. I think some people think Harta's performance was below expectation, hence the selloff. Hopefully Kossan has a better QR. Should know within a week or two at most.

bang_miskin

1,059 posts

Posted by bang_miskin > 2022-02-09 12:17 | Report Abuse

@Unfair. Ignore the trolls. These monkeys come out when glove price takes a dip. Hati busuk.

ryoyagod

140 posts

Posted by ryoyagod > 2022-02-09 14:04 | Report Abuse

Hahaha.... Solid company, you scare the share price wont spike meh ?

Posted by NatsukoMishima > 2022-02-09 14:14 | Report Abuse

ASPs are expected to continue trending lower and management expects the ASP for 4QFY22 to be at circa US$28 level. Margins should also continue to narrow, given the inflationary pressures (i.e. higher energy and labour costs), and could potentially dip below that of pre-Covid levels,” according to HLIB analyst Sophie Chua Siu Li.

JF Apex Securities Research also concurred with the view, adding that the glove sector is experiencing a paradigm shift given oversupply conditions stemming from Chinese glove makers.

“We understand that Chinese manufacturers’ ASP is about 7% lower than Harta’s ASP on average. Chinese manufacturers have received rising orders from overseas markets, benefiting from cheaper glove prices offerings. Additionally, the group is also experiencing shortage of foreign workers due to closure of international borders. Furthermore, raw material costs are still sticky thus hampering the group’s operating margin moving forward,

Posted by NatsukoMishima > 2022-02-09 17:42 | Report Abuse

@ryoyagod Hahaha.... Solid company, you scare the share price wont spike meh ?
________
You should think about how low it will drop after scary shit qr result annouced soon !

Posted by NatsukoMishima > 2022-02-10 16:54 |

Post removed.Why?

Posted by NatsukoMishima > 2022-02-10 17:46 | Report Abuse

Tonight think properly u still want to tahan glove downtrend until when ??

Posted by NatsukoMishima > 2022-02-11 10:49 | Report Abuse

Supermx n top glov will be more worst with their coming qr , we wont surprisr when only doible digit million net profits record !

Supermx will drop to 64 sens , top glove 80 - 1.20 !

Posted by NatsukoMishima > 2022-02-11 10:51 |

Post removed.Why?

Posted by NatsukoMishima > 2022-02-11 16:28 |

Post removed.Why?

Posted by StartOfTheBull > 2022-02-11 22:18 | Report Abuse

We now have a promoter for Dnex everywhere in i3 forum. Big shark must be very happy. Haha

beso

2,137 posts

Posted by beso > 2022-02-17 19:02 | Report Abuse

折坠咯!pat down 60% & net profit margin below 24%. lol

Ryan83

1,835 posts

Posted by Ryan83 > 2022-02-17 19:36 | Report Abuse

Kossan reported highest EPS,profit margin and dividend yield vs other top 3 gloves current Oct- Dis quarter

Begineer

482 posts

Posted by Begineer > 2022-02-17 19:45 | Report Abuse

good dividend leh

bang_miskin

1,059 posts

Posted by bang_miskin > 2022-02-17 19:48 | Report Abuse

Actually not too bad when compared with Topglove and Harta. May push up Kossan price tomorrow.

elbrutus

1,453 posts

Posted by elbrutus > 2022-02-17 19:58 | Report Abuse

i concur too ...still very generous with d dividend ...best glove stock

bang_miskin

1,059 posts

Posted by bang_miskin > 2022-02-17 20:15 | Report Abuse

Dividend may not be as high the next fiscal year, but this glove stocks pays the most at current price.

tamp0i

912 posts

Posted by tamp0i > 2022-02-17 20:16 | Report Abuse

Wow dividend run for FY21 total 48 cents... Superb, buy more parking for dividend also ok...

CharlesT

14,572 posts

Posted by CharlesT > 2022-02-17 20:18 | Report Abuse

Whoever received 48 cents div suffers more capital loss then 48 cents

idunwork

429 posts

Posted by idunwork > 2022-02-17 20:58 | Report Abuse

Kossan's value now is better than pre covid time

stockwin

285 posts

Posted by stockwin > 2022-02-17 21:05 | Report Abuse

With RM2.5B cash in hand now, reporting good Qtr result, pay good divi, now trading at pre covid level, deserve a second look now ? The problem is how low will the qrt results be going forward.

beso

2,137 posts

Posted by beso > 2022-02-17 21:59 | Report Abuse

from last dividend ex date 08/11/2020 closing price 2.30 till today closing price 1.69 capital lost of 61sen per share simply outpaced yearly dividend payout, how generous is the company& how good is the yield also useless. lol

Sslee

4,690 posts

Posted by Sslee > 2022-02-17 22:25 | Report Abuse

Kossan EPS 8.57 cents compare to Harta EPS 7.58 cents
Harta more room to drop.

Mini2021

1,388 posts

Posted by Mini2021 > 2022-02-17 22:51 | Report Abuse

Charles T : I get Harta dividend 8 years more ,gaining capital gain in stock price ...why suffer? are you new bie that join gambling when 2020 MCO?

Hafid

1,130 posts

Posted by Hafid > 2022-02-18 02:28 | Report Abuse

Asp keep falling wait until drop below RM1.00

Zrenxy

576 posts

Posted by Zrenxy > 2022-02-18 08:18 | Report Abuse

Is time to collect today

Brutus

295 posts

Posted by Brutus > 2022-02-18 08:26 | Report Abuse

Within same period Kossan mustered as EPS of 8.57 while Harta only EPS 7.58. TG only can generate 2.32 (7.59 previously). Would be interesting to see what can SuperMax achieve in the same period.

bang_miskin

1,059 posts

Posted by bang_miskin > 2022-02-18 08:32 | Report Abuse

Supermax result should be interesting because results should be worse because of US CBP ban. But if Supermax result is similar to Kossan/Harta, prices should fly, so most interesting counter to keep watch.

Posted by fightingdragons > 2022-02-18 08:37 | Report Abuse

Time to gradually buy in

Posted by EatCoconutCanWin > 2022-02-18 08:40 | Report Abuse

why gradually drop by half each quarters?

CharlesT

14,572 posts

Posted by CharlesT > 2022-02-18 09:05 | Report Abuse

Mini2021 Charles T : I get Harta dividend 8 years more ,gaining capital gain in stock price ...why suffer? are you new bie that join gambling when 2020 MCO?
17/02/2022 10:51 PM

Wah very smart very pandai....lol

Ron90

3,761 posts

Posted by Ron90 > 2022-02-18 09:21 | Report Abuse

price before covid was at 4.20, split during covid into 2, means without covid price should be at around 2.60, some more, for the last 2 years, this company managed to get 4 billions profits, equal to the today's MC value.. hemm.

Posted by Philip ( buy what you understand) > 2022-02-18 09:29 | Report Abuse

Then why is kossan 4 billion and harta still 17 billion?

>>>>>>>>

Sslee Kossan EPS 8.57 cents compare to Harta EPS 7.58 cents
Harta more room to drop.
17/02/2022 10:25 PM

Ryan83

1,835 posts

Posted by Ryan83 > 2022-02-18 09:35 | Report Abuse

If Supermax QR profits almost similar to Kossan and Harta around 200 millions will be a surprise since US and Canada CBP ban still on going

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