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 15 hours ago

RISK8888

2,232 posts

Posted by RISK8888 > 2022-08-17 13:45 | Report Abuse

Let them short, already bottom. No room to go down already. Boss know is bottom and that’s why they are buying millions of them.

RISK8888

2,232 posts

Posted by RISK8888 > 2022-08-17 13:47 | Report Abuse

And with 2bil cash. Anytime kossan can buy back share. Boss already hold 50%. Another 50% only 1bil can buy back all! So where is the risk u all tell me?

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-17 14:09 | Report Abuse

Short seller is our friend who help us to get cheap tickets.... Haha ha.... Welcome short seller.

imvu

7,888 posts

Posted by imvu > 2022-08-17 15:38 | Report Abuse

besok khamis jumaat betul betul gap up limit up !

dutatrop

29 posts

Posted by dutatrop > 2022-08-17 18:59 | Report Abuse

Kossan has no short sellers to be squeezed unlike TG and Harta.. LOL...

RISK8888

2,232 posts

Posted by RISK8888 > 2022-08-17 20:52 | Report Abuse

EPF already cease on 12/8. these 3 days should already finish dump all remaining ticket. selling pressure ended. is time to rebound back to 1.25.

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-18 10:51 | Report Abuse

No show today..... Zzzzzz

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-18 11:20 | Report Abuse

Come on take down 1.05.....haha ha

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-18 11:46 | Report Abuse

Yes.... Very good.. 1.05 taken down....

EverettLee

362 posts

Posted by EverettLee > 2022-08-18 11:57 | Report Abuse

There's always have a good rebound after a heavy sell-down

RISK8888

2,232 posts

Posted by RISK8888 > 2022-08-18 12:23 | Report Abuse

still making 50mil profit this quarter 2bil cash in hand. really worth to keep for long term. you will never see this low again (only happen when the brainless EPF throw share like this)

kl_guy

1,604 posts

Posted by kl_guy > 2022-08-19 10:07 | Report Abuse

don't forget the storm is not over yet...supermax q-report this month and topglove q-report will be out next month. ASP still low.

DestinyL

4,744 posts

Posted by DestinyL > 2022-08-19 10:16 | Report Abuse

Yes, another storm could be coming
Unless they somehow show improvement Q to Q lol

newbird33

177 posts

Posted by newbird33 > 2022-08-19 10:17 | Report Abuse

EPF ceased to be substantial shareholder of Supermax long time ago and in Topglove earlier this year. So there will not be dumping like in Harta and Kossan.

DestinyL

4,744 posts

Posted by DestinyL > 2022-08-19 10:31 | Report Abuse

Impact will still come if Supermax or TG posts a red QR
Supermax end of this month, TG end of next month
Got time to play in between lol

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-19 11:08 | Report Abuse

Strong buying.... Hmmm.....

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-19 11:10 | Report Abuse

If got another round of selling down..... Will collect more. Not going to sell for the time being.

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-19 11:15 | Report Abuse

Possible for supermax and tg to show improvement in their QR? I think it is very unlikely.

EverettLee

362 posts

Posted by EverettLee > 2022-08-19 12:04 | Report Abuse

Very nice. Buyers coming in after heavy sell-down

RISK8888

2,232 posts

Posted by RISK8888 > 2022-08-19 12:53 | Report Abuse

no more storm liao, EPF finish dispose dy and boss eat up the share. Boss will continue eat the share because last 2 years already pocket billions of dividend. EPF share to them kacang putih only 6% = only cost less than RM200mil for the boss to take up.

Posted by NatsukoMishima > 2022-08-19 13:43 | Report Abuse

On Aug 21, 2020, Top Glove had closed at RM9.33, Hartalega finished at RM17.74, Supermax ended at RM10.95 and Kossan closed at RM8.20.

SWT1988

1,347 posts

Posted by SWT1988 > 2022-08-20 09:21 | Report Abuse

will it go back to 1.15 next week? hope to make more money from this good company

yfchong

5,881 posts

Posted by yfchong > 2022-08-20 17:05 | Report Abuse

Monday can get cheap boh

yfchong

5,881 posts

Posted by yfchong > 2022-08-20 19:35 | Report Abuse

here comes june 2022 total gloves export data was 3.2 bil ada chun boh

Posted by scn12345678 > 2022-08-20 22:22 | Report Abuse

Big money will come back to glove ftom tech

Icon 888

2,301 posts

Posted by Icon 888 > 2022-08-21 22:25 | Report Abuse

Oversupply glove in Market.. Sales Will drop gao gao.. DUN catch ticket from institution or operator .. Will drop till 12/2023 or Maybe 6/2024..

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-22 10:46 | Report Abuse

Huge amount of tickets charged hands.... Waiting for next panic selling.

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-22 11:05 | Report Abuse

Strong support...

RISK8888

2,232 posts

Posted by RISK8888 > 2022-08-22 14:43 | Report Abuse

Gosh, already limit lor. No room to drop anymore. Only side way or go up.

EverettLee

362 posts

Posted by EverettLee > 2022-08-22 18:22 | Report Abuse

Seems like Kossan is much more steady than other gloves~

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-22 20:47 | Report Abuse

Supermax QR not so bad, Q to Q even improving...

DestinyL

4,744 posts

Posted by DestinyL > 2022-08-22 21:05 | Report Abuse

Hahaha... what happen to "not likely"???

DestinyL

4,744 posts

Posted by DestinyL > 2022-08-22 21:06 | Report Abuse

Started buying Harta/Kossan again 8-)

DestinyL

4,744 posts

Posted by DestinyL > 2022-08-22 21:12 | Report Abuse

Supermax cash actually increased a little, tomorrow likely will be positive unless major red from other markets

SWT1988

1,347 posts

Posted by SWT1988 > 2022-08-22 21:37 | Report Abuse

Superman quo results better than average pre-covid 2019. sound good but big shark will tell others way round - slump compare to last year

SWT1988

1,347 posts

Posted by SWT1988 > 2022-08-22 21:42 | Report Abuse

Malaysia market is small. Big shark just make all excuses to pull down rubber glove counter. Now attacking Harta n will it attack superman tomorrow?

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-22 23:10 | Report Abuse

Ha ha ha... Tomorrow will be interesting to see how market react to supermax QR.

EverettLee

362 posts

Posted by EverettLee > 2022-08-23 13:52 | Report Abuse

Kossan shows strong support at RM1. Looks like hard to collect again at below RM1...

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-23 14:09 | Report Abuse

Below 1 not likely can get now. Need to see TG QR next month, hope show positive sign also.

RISK8888

2,232 posts

Posted by RISK8888 > 2022-08-23 15:01 | Report Abuse

how to go down? with 2 billion cash in hand?

Posted by investmalaysia618 > 2022-08-23 17:47 | Report Abuse

share price is determine by cash level?

DestinyL

4,744 posts

Posted by DestinyL > 2022-08-23 17:50 | Report Abuse

Yes and no lol

Posted by investmalaysia618 > 2022-08-24 09:29 | Report Abuse

most of the time is no. at least not in a bearish condition

EverettLee

362 posts

Posted by EverettLee > 2022-08-24 11:05 | Report Abuse

Apply Dollar-cost averaging when got free cash flow ba

Posted by investmalaysia618 > 2022-08-24 11:08 | Report Abuse

i would say the risk is very low now. most you can lose is rm1 only. upside is more than rm1. it's a good bet

RISK8888

2,232 posts

Posted by RISK8888 > 2022-08-24 15:49 | Report Abuse

Ringgit is getting lower, means export is getting better. Glove is mostly export. Cash is at 90cents. U buy at rm1 get 90 cents. Net Only pay 10cents for a share that give u profit 200mil a year. Where to get?

g1kluang

119 posts

Posted by g1kluang > 2022-08-24 17:37 | Report Abuse

Dont get fooled by the sentiment. Kossan is a rock solid company... pity how those investors manipulate those market

ks5S

4,601 posts

Posted by ks5S > 2022-08-24 18:14 | Report Abuse

Kossan gostan

bang_miskin

1,059 posts

Posted by bang_miskin > 2022-08-24 20:27 | Report Abuse

Missed my chance to buy below RM1, hope when funds come, got chance to buy.

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-25 09:25 | Report Abuse

Below 1 is coming...

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