KOSSAN RUBBER INDUSTRIES BHD

KLSE (MYR): KOSSAN (7153)

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Last Price

2.48

Today's Change

+0.07 (2.90%)

Day's Change

2.41 - 2.48

Trading Volume

7,970,900


19 people like this.

16,207 comment(s). Last comment by WDCQ_I_am_legend 18 hours ago

Posted by NatsukoMishima > 2022-08-13 10:05 | Report Abuse

Next week bursa tech stocks all will skyrocket while glove stocks will continue plummet to 5x sens only take a breath !

Glove stocks hold longer loss bigger ! Pls copy this warning n keep for yourself !

Posted by NatsukoMishima > 2022-08-13 10:13 | Report Abuse

I believe most of the glove supporters so called long term value investors have read Mr xxxxxxx books and become over confident with harta n top glove end up losing more than 80% capital ! If 10 - 20 years ago , i would say yes the theory n strategy from the book is suitable but if u still stick to the same methods at todays stock market game then u standby slaughtered by market wave trend ! Even Warren Buffet also admit n change mindset to bet tech stocks already bro !

Posted by NatsukoMishima > 2022-08-13 10:35 | Report Abuse

The main reason why Malaysia glove company will lose to China glove :

1.China wont care about what the xxxxxxg forced labor , ESG bullxxxx from USA , China objective is to make cheapest yet acceptable quality products to dominant the world market ! China wont scare about losing market by their cheapest price strategy !

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-13 11:49 | Report Abuse

You go to check China glove companies making money or not. Kossan at least still profitable. Don't bxllshxt with your own imagination.

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-13 12:18 | Report Abuse

Glove players around the world will be having hard time ahead, who will survive is the most important question. Whoever survive this round will lead the market in future. You have to choose the right horse. And the right horse....... Is kossan.... Haha ha ha ha ha....

stockwin

285 posts

Posted by stockwin > 2022-08-13 16:47 | Report Abuse

as at 30.6.2019 - Kossan is in a net debt position of abt RM120M.
as at 30.6.2022 - Kossan has a net CASH of about RM2 Billion
Kossan can probably stay in the game comfortably against other gloves makers.

yfchong

5,881 posts

Posted by yfchong > 2022-08-13 18:37 | Report Abuse

Lets see the quality balance sheet.. Can stay a fliat

yfchong

5,881 posts

Posted by yfchong > 2022-08-13 18:38 | Report Abuse

Intco n blue sail red or black

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-15 09:23 | Report Abuse

Time to q 1.00...

imvu

7,888 posts

Posted by imvu > 2022-08-15 09:49 | Report Abuse

tolong jangan bawah 1.00

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-15 09:55 | Report Abuse

Short selling lah..... Good for collection.

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-15 09:56 | Report Abuse

Just wait at 1.00.

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-15 10:00 | Report Abuse

How low it will drop is depending on the short seller power..... Be prepared to slowly collecting.

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-15 10:04 | Report Abuse

Don't get influenced by the high quality of buying q, they could be from short sellers, they will sell it down to create panic selling, hold firm to your buying target price.

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-15 10:17 | Report Abuse

Likely will break 1.00 if seller is keen. Let's see.

Posted by Investor126 > 2022-08-15 10:21 | Report Abuse

Soft touched on RM1. Just a matter of time into penny. Brace yourself.

Posted by bullmarket1628 > 2022-08-15 10:46 | Report Abuse

Sailang all my belongings till underwear to buy-in Kossan at @0.995

Heng ah, Ong ah, Huat ah !

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-15 10:50 | Report Abuse

Don't play play... Never all in... We don't know short seller target price.

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-15 10:52 | Report Abuse

Love short seller if I want to collect, hate short seller if they short my holdings... Haha ha......

Posted by Benyap1234 > 2022-08-15 11:01 | Report Abuse

First batch 0.995 . Will buy by batches. Nvr care what ppl say. Lose also nvrmind since small money

Posted by Benyap1234 > 2022-08-15 11:03 | Report Abuse

Second batch will eat at 0.6 if can get. Hehe

8dragon

2,219 posts

Posted by 8dragon > 2022-08-15 11:06 | Report Abuse

Reasonable price @ 0.75...no hurry

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-15 11:12 | Report Abuse

Haha ha... Don't set too low.... Later you regret... Happy collecting with your targets.

Posted by MaluNegaraKu > 2022-08-15 11:14 | Report Abuse

Never expect can buy kossan as penny stock

Posted by Benyap1234 > 2022-08-15 11:25 | Report Abuse

@Sharefisher , ppl now treat glove as rubbish. Throw into dustbin also no ppl wants . Hehe . Better they keep on cut lose from top there . I will keep the rubbish

Posted by anonymous91 > 2022-08-15 11:39 | Report Abuse

【探讨】手套股的春天在何时?让我告诉你,避免接刀 | When is spring for gloves sector? Let me tell you to avoid the knife
https://youtu.be/1lLuitYxvo8

Posted by investmalaysia618 > 2022-08-15 11:56 | Report Abuse

wahseh, kossan joined the penny stock club

ks5S

4,601 posts

Posted by ks5S > 2022-08-15 12:16 | Report Abuse

lousy product. drop onto the floor also no one pick up

ks5S

4,601 posts

Posted by ks5S > 2022-08-15 12:16 | Report Abuse

90 sent coming

ks5S

4,601 posts

Posted by ks5S > 2022-08-15 12:25 | Report Abuse

boss buying also no use
so little like kacang puteh. Kossan kaput soon

SWT1988

1,347 posts

Posted by SWT1988 > 2022-08-15 12:27 | Report Abuse

very attractive price. One in a life time same like they spike to 20 during covid-19.

ks5S

4,601 posts

Posted by ks5S > 2022-08-15 12:33 | Report Abuse

poor management. better don't buy.

ks5S

4,601 posts

Posted by ks5S > 2022-08-15 12:45 | Report Abuse

new CEO coming... pandelala

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-15 12:50 | Report Abuse

2020, collection of genting and pbb... 2022 main target kossan.... Must have holding power and patience. Popi Popi....

dlau8899

915 posts

Posted by dlau8899 > 2022-08-15 13:03 | Report Abuse

May drop to 0.90, still have big sell volume

dlau8899

915 posts

Posted by dlau8899 > 2022-08-15 13:04 | Report Abuse

The technical chart still downtrend , no any signal reverse up

Posted by sailang_now > 2022-08-15 13:14 | Report Abuse

Penny stock already...tut tut

Damien0111

137 posts

Posted by Damien0111 > 2022-08-15 13:32 | Report Abuse

among all stocks, can consider Kossan and harta

Posted by NatsukoMishima > 2022-08-15 13:41 | Report Abuse

All the IB will cut 50 % more Tp once Tg qr out later !
5x sens - 3x sens hovering forever unless all China glove factory close !

Posted by NatsukoMishima > 2022-08-15 13:52 | Report Abuse

Welcome kossan to the hotel penny stock , next will be harta , all big 4 reunion at penny stock club , USA and EU will start reduce using of disposable health care products to fight pollution climata change issue next year ! 5x sens is the real value of big 4 once news annouce later ! If u listen to me cut loss while harta still around rm 4.xx n buy dnex now u goyang kaki for multiple gains already ! Buy only future stock not sunset past tense glove stocks , big 4 will never never rebound forever forever , ur money just freezed inside frige forever n sure there will be 1 - 1.5 sen div or even 0 div qr !


NatsukoMishima

3,595 posts

Posted by NatsukoMishima > 25 minutes ago | Report Abuse

Cut loss now u still can buy 200 lot dnex keep for tp: rm 4 - 6 !


NatsukoMishima

3,595 posts

Posted by NatsukoMishima > 22 minutes ago | Report Abuse

EPF know the news faster than normal retailers n dump everyday to water fish yet they still think they are smart value investor buy in dip just like W.B or Mr Cxxx xxx!


NatsukoMishima

3,595 posts

Posted by NatsukoMishima > 19 minutes ago | Report Abuse

Now believe what i said already harta rm 1.xx ! Towards 5x sens soon , very excited to see a sunset stock plummet to bottemless black hole !

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-15 13:59 | Report Abuse

Sunset industry.... Haha ha... Hello, glove usage is increasing leh... Haha ha

Posted by NatsukoMishima > 2022-08-15 14:01 | Report Abuse

U cant win CHINA , they want Malaysia glove factory close within 5 years ! They will sell at ASP 12 - 15 !

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-15 14:08 | Report Abuse

Haha ha...

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-15 14:12 | Report Abuse

Asp usd20, China glove makers already making loses.. I wish they quickly sell at 15.....then they can close shop faster than kossan. Haha ha...

ks5S

4,601 posts

Posted by ks5S > 2022-08-15 14:46 | Report Abuse

lanjau product. anybody also can make.

ks5S

4,601 posts

Posted by ks5S > 2022-08-15 14:47 | Report Abuse

orang Bodo also can produce glove

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-15 14:52 | Report Abuse

Ha ha ha... Crazy people

SWT1988

1,347 posts

Posted by SWT1988 > 2022-08-15 14:57 | Report Abuse

bought 50lots × 0.985.

SWT1988

1,347 posts

Posted by SWT1988 > 2022-08-15 14:59 | Report Abuse

Malaysia market is small. big shark can easily pull down the price using momentum. 100 millions profit company become penny stock? what a joke

SWT1988

1,347 posts

Posted by SWT1988 > 2022-08-15 15:01 | Report Abuse

glove trend reversal is near. only waiting for supermax / TG qtr result as last excuses to pull down the price

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