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 1 day ago

Posted by WinBigOrLoseAll > 2022-06-01 14:04 | Report Abuse

with the eps normalized i doubt kossan will give out divvy this year. highly it will revert to the pre-covid style very stingy to give out any divvy.

Foker

1,406 posts

Posted by Foker > 2022-06-02 14:32 | Report Abuse

I agree. They will gvie but verh low. All those cash pile there is to act as nuclear deterrence. If China glove company start to cut oruce aggressively, they will think twice, cuz Kossan got huge cash pile to fight it out. Same with all glovemakers. Keep billion billion in the bank to act as nuclear deterrence

Ryan83

1,835 posts

Posted by Ryan83 > 2022-06-03 15:06 | Report Abuse

Kossan will join other glove share price downtrend as next few quarters profits declining as oversupply gloves and declining ASPs

MiaChin

66 posts

Posted by MiaChin > 2022-06-07 11:56 | Report Abuse

Undervalued ?

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2022-06-09 10:04 | Report Abuse

KOSSAN got so much cash in hand. Only distribute special dividend the controlling shareholders also can get a billion Ringgit on hand.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2022-06-09 10:04 | Report Abuse

Kossan worth to buy now?

stockwin

285 posts

Posted by stockwin > 2022-06-09 18:40 | Report Abuse

Kossan has enough cash to ride the hard times .

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-13 09:09 | Report Abuse

Collect a bit first..... For 2 to 3 years keeping.

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-13 09:28 | Report Abuse

Kossan is the best to bet among the 4 glove companies. Anyway, buying now is definitely safer than last year. Haha ha...

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2022-06-13 10:30 | Report Abuse

Wow share price 10% below NTA already

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2022-06-13 10:30 | Report Abuse

MEGA SALES offer offer offer!!

Posted by bullmarket1628 > 2022-06-13 13:43 | Report Abuse

Sailang all my belongings till underwear to top up Kossan at @RM1.44

Heng ah, Ong ah, Huat ah !

ttsi

19 posts

Posted by ttsi > 2022-06-13 13:52 | Report Abuse

why not use technical indicators to bottom fish

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-13 15:22 | Report Abuse

Slowly collect lah.... Batch by batch..

Posted by NatsukoMishima > 2022-06-13 15:40 | Report Abuse

@WinBigOrLoseAll

986 posts

Posted by WinBigOrLoseAll > 1 week ago | Report Abuse

with the eps normalized i doubt kossan will give out divvy this year. highly it will revert to the pre-covid style very stingy to give out any divvy.
_______
100% right , all glove divy very stingy before maniac !!

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2022-06-13 15:41 | Report Abuse

Super bargain buy, slowly collect in this 2 quarters time since result wont be good.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2022-06-13 15:42 | Report Abuse

averagely below NTA 10-20% then consider very good entry price already.

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-13 16:19 | Report Abuse

Wait so long only come to my collection point..... Be patient.....slow slow collect.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2022-06-13 16:34 | Report Abuse

2billion cash, how many companies can be so lucky to have 2billion cash at banks?

Sometime people is funny, while share price at RM8, then everyone shout about going to RM80; while share price at RM1.4 then everyone dare not to buy even RM2billion above cash at the company bank.

EverettLee

346 posts

Posted by EverettLee > 2022-06-13 20:52 | Report Abuse

Very seductive. Will collect some if drops below RM1.20

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2022-06-14 07:51 | Report Abuse

InKAmbing rm1....
If Market heading towards recession scenario.

Kossan despite sitting on billion of cash will be affected too.
EPF also slowly disposing lo batch by batch....

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-14 09:21 | Report Abuse

No rush.... Batch by batch... If no panic selling, how we can get cheap tickets.

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-15 08:34 | Report Abuse

Big boss collected also.... Good sign to collect.

Mini2021

1,386 posts

Posted by Mini2021 > 2022-06-15 09:53 | Report Abuse

BIG BOSS is selfish ......using own money buy at low ......using comapny money buy at high ......the price is low....why not using company fund to purchase some treasure share....... haha

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-15 10:25 | Report Abuse

Kossan bought back high last time? Sure?

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-15 10:27 | Report Abuse

Anyway... Wait at 1.30 first.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2022-06-15 10:40 | Report Abuse

1.2 is possible

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-15 10:54 | Report Abuse

Take 1.30 first .... Then wait again at 1.20....slowly collect..

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2022-06-15 10:59 | Report Abuse

same lah, wait 1.25 also can. should have few more round adjustment.

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-15 11:13 | Report Abuse

Haha ha....

stockwin

285 posts

Posted by stockwin > 2022-06-15 19:09 | Report Abuse

Back to pre Covid price. The difference is they have RM2B cash now but peanut cash then. Thats why is big boss buying now.

EverettLee

346 posts

Posted by EverettLee > 2022-06-15 20:26 | Report Abuse

Seems so. Local institutions had thrown the share whereas Tan Sri kept buying

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-16 10:05 | Report Abuse

Today no chance to get 1.30.......

winetime

519 posts

Posted by winetime > 2022-06-16 14:09 | Report Abuse

Throw at outside , buy at inside = buy

Mini2021

1,386 posts

Posted by Mini2021 > 2022-06-16 18:50 | Report Abuse

Many think about Topglove is still number 1 actually topglove no more number 1 ...profit Margin 1% ....very bad management .... No 1 is Kossan and Harta ...they still maintain above 10% profit Margin ...

EverettLee

346 posts

Posted by EverettLee > 2022-06-16 20:13 | Report Abuse

Unlike other glove counters, Mr Lim keeps buying Kossan to support the price

dlau8899

915 posts

Posted by dlau8899 > 2022-06-16 20:48 | Report Abuse

Downtrend, may drop below 1.00

tamp0i

912 posts

Posted by tamp0i > 2022-06-16 23:24 | Report Abuse

Hahaha nowadays basic salary also goes up, chicken shortage, kopi oo increased 30 cents a cup... Somehow Kossan trading in 2015 price... Nothing to say...

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-17 08:27 | Report Abuse

Big boss collected again... Want to sapucheap tickets also.... Today see can get 1.30 or not...... DJ lau sai, good for collection. Popi Popi

Mini2021

1,386 posts

Posted by Mini2021 > 2022-06-17 08:40 | Report Abuse

Boss got around Rm 3000 million cash to collect ,, shark also scared to throw..

Keyman188

5,968 posts

Posted by Keyman188 > 2022-06-17 08:48 | Report Abuse

Amboi...unexpected you start collecting this counter worrr....

Keyman188 still can recall last time you asked Keyman188 what so good of this counter worrr !!!...

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



Posted by Sharefisher > 1 day ago | Report Abuse

Take 1.30 first .... Then wait again at 1.20....slowly collect..

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-17 09:09 | Report Abuse

Amboi..... Haha ha....thanks for the tips of where to look for the gold.

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-17 09:11 | Report Abuse

Gold or Iron,... We need time to prove it. Haha ha....

Keyman188

5,968 posts

Posted by Keyman188 > 2022-06-17 09:15 | Report Abuse

Aiyooo...Keyman188 until now NO more local equities...

Keyman188 had slowly disposed all since unprecedented announcement of "cukai Makmur"...

Keyman188 NOT keen to enter local equity market right now...

Keyman188 always see the index 1st then to start buy equities...

Successful rate more than 90% if keep on practicing this methodology for the past decade...

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

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-17 10:15 | Report Abuse

KLCI drops 20 point also cannot get 1.30? Hello sellers, pls press down lah...

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-17 16:02 | Report Abuse

Big boss spoil the game, celaka...no more panic selling.

EverettLee

346 posts

Posted by EverettLee > 2022-06-17 20:15 | Report Abuse

Seems like strong support at the range of RM1.30 to RM1.34. Thanks to Mr. Lim. Hehe

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-20 10:16 | Report Abuse

See when I can get 1.30....

MiaChin

66 posts

Posted by MiaChin > 2022-06-20 15:23 | Report Abuse

manage to get at 1 ?

EverettLee

346 posts

Posted by EverettLee > 2022-06-20 23:19 | Report Abuse

Unlikely to reach RM1 as Mr. Lim keep buying the share. Hehe

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