KOSSAN RUBBER INDUSTRIES BHD

KLSE (MYR): KOSSAN (7153)

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Last Price

2.48

Today's Change

+0.01 (0.40%)

Day's Change

2.45 - 2.49

Trading Volume

4,975,200


19 people like this.

16,212 comment(s). Last comment by xiaoeh 19 hours ago

EverettLee

364 posts

Posted by EverettLee > 2022-08-25 11:23 | Report Abuse

Hm...strong support at RM1. I think it unlikely will drop below RM1 ba...

DestinyL

4,744 posts

Posted by DestinyL > 2022-08-25 11:40 | Report Abuse

Chart supported

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-25 14:38 | Report Abuse

Touched 1 and u turn up..... Really good sign.

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-25 20:39 | Report Abuse

https://youtu.be/gRIi8gFrOc4
Why I choose kossan? Watch this.

EverettLee

364 posts

Posted by EverettLee > 2022-08-26 11:32 | Report Abuse

Yup. Strong support at RM1

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-26 14:41 | Report Abuse

Supermax boom didn't bring back cheap sales... Wait for tg boom. Hope can get more cheap tickets below 0.95.

DestinyL

4,744 posts

Posted by DestinyL > 2022-08-26 15:34 | Report Abuse

Careful, Harta boom might impact before TG boom
I have sold all

DestinyL

4,744 posts

Posted by DestinyL > 2022-08-26 15:35 | Report Abuse

Whether it is logical or not, might impact
I'll buy again later

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-26 15:52 | Report Abuse

OK.... I check on harta boom also....

DestinyL

4,744 posts

Posted by DestinyL > 2022-08-26 16:00 | Report Abuse

Harta TP 1.20 lol
Kossan TP 1.40, but still...

DestinyL

4,744 posts

Posted by DestinyL > 2022-08-26 16:02 | Report Abuse

Courtesy of the infamous Morgan again

yfchong

5,883 posts

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

Monday ada black swan or panic selling or margin call

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-29 09:38 | Report Abuse

No chance to collect cheap tickets....... Haha ha..

EverettLee

364 posts

Posted by EverettLee > 2022-08-29 18:35 | Report Abuse

Yup. Hard to get below RM1...

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-30 09:33 | Report Abuse

Need to wait for panic selling. Be patient if want to collect more.

DestinyL

4,744 posts

Posted by DestinyL > 2022-08-30 11:09 | Report Abuse

Slowly wait, either if someone short Harta again, or TG QR coming near

DestinyL

4,744 posts

Posted by DestinyL > 2022-08-30 11:47 | Report Abuse

Signs of stress is starting to show
Just a tip of the iceberg... or rather the support line

Posted by investmalaysia618 > 2022-08-30 12:07 | Report Abuse

hard to get below 1? few thousand lots selling at 0.985,0.99,0.995 &1. let you buy as many as you want now. problem is whether you have that much of money or not

DestinyL

4,744 posts

Posted by DestinyL > 2022-08-30 12:26 | Report Abuse

Problem with glove is they are too closely tied, whether rightly or not

ks5S

4,601 posts

Posted by ks5S > 2022-08-30 12:28 | Report Abuse

boss selling loh

DestinyL

4,744 posts

Posted by DestinyL > 2022-08-30 12:32 | Report Abuse

Did anyone think that EPF or big institutions could be playing the sector selling?
Push down Kossan, all the others also drop
After finish selling Kossan, sell Harta and then continue with TG
The impact is also propagating to other counters in same sector with each selling

Posted by bullmarket1628 > 2022-08-30 12:40 | Report Abuse

Top up more Kossan at @0.985

Heng ah, Ong ah, Huat ah !

Posted by NatsukoMishima > 2022-08-30 13:12 | Report Abuse

Bad news from USA CBP again !

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-30 13:45 | Report Abuse

Yes.... Let's see how first.... Don't rush, hope can get lower than my last collection at 0.95.....come on seller.... Haha ha

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-30 14:46 | Report Abuse

Q one batch at 0.90 first..... Haha ha

DestinyL

4,744 posts

Posted by DestinyL > 2022-08-30 15:19 | Report Abuse

If it comes, Harta should be around 1.50

DestinyL

4,744 posts

Posted by DestinyL > 2022-08-30 15:20 | Report Abuse

I think won't have sudden 1 day drop to 90

DestinyL

4,744 posts

Posted by DestinyL > 2022-08-30 15:34 | Report Abuse

Look at Harta, leading the downtrend, probably epf

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-30 15:34 | Report Abuse

Haha ha... never said never in share market.... But today sellers not so powerful..... Still have a lot of opportunities to buy low for gloves.... Just wait...

DestinyL

4,744 posts

Posted by DestinyL > 2022-08-30 15:38 | Report Abuse

Main event coming up is TG
Don't know got side wayang or not

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-08-30 15:50 | Report Abuse

Celaka... U turn pula....

DestinyL

4,744 posts

Posted by DestinyL > 2022-08-30 17:49 | Report Abuse

Haha
Klci positive punya pasal

EverettLee

364 posts

Posted by EverettLee > 2022-08-30 23:03 | Report Abuse

TQ. 99 cents getto

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-09-01 09:16 | Report Abuse

Today lagi q 0.90.... Haha ha

winetime

527 posts

Posted by winetime > 2022-09-01 11:30 | Report Abuse

Kossan - opening in tapah soon. When all of glove counter kalam kabut, Kossan doing expansion ?

winetime

527 posts

Posted by winetime > 2022-09-01 11:30 | Report Abuse

Will kossan come back ?

EverettLee

364 posts

Posted by EverettLee > 2022-09-01 11:38 | Report Abuse

Yup. Glove counters will come back but it needs 3 to 5 years I thinks in order to normalize the supply of gloves in the market

DestinyL

4,744 posts

Posted by DestinyL > 2022-09-01 12:42 | Report Abuse

Based on last quarter EPS of 1.8 cents per share, annualized to 7.2 cents per year
PE is still high at around 13x, though it is supported by high NTA of RM2.37

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-09-01 13:18 | Report Abuse

Close eyes and accumulate slowly. Sure will make money in 2 to 3 years.

jungleboy

1,042 posts

Posted by jungleboy > 2022-09-01 17:05 | Report Abuse

epf selling...cash out for election usage

yfchong

5,883 posts

Posted by yfchong > 2022-09-01 18:29 | Report Abuse

Just tikam rm 1 price on cash backing

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-09-01 19:54 | Report Abuse

Big boss also collecting around RM 1.....wait for tg QR first. See got cheap tickets for collection. Popi Popi

Posted by Investmalaysiaa > 2022-09-02 09:51 | Report Abuse

Throw down d. Selling pressure huge

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-09-02 09:51 | Report Abuse

Action coming... Q at 0.90 again... Haha ha ha

DestinyL

4,744 posts

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

Wow, I saw the action
Most if not all the glove counters moved together in tandem
I guess EPF at it again

Sharefisher

5,470 posts

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

Celaka... Why seller no more powerful like last time? Come more seller sell it down... Haha ha

DestinyL

4,744 posts

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

Kossan is better bet now that Harta has completed another new plant lol

DestinyL

4,744 posts

Posted by DestinyL > 2022-09-02 09:56 | Report Abuse

EPF don't hold much now I guess, they just trying to sell at best (scrap) price

DestinyL

4,744 posts

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

Before they sold down multiple counters, I saw multiple of their buy queues being removed at almost same time
Possibly as a support for selling one tick higher
Since market is quiet, hence being impatient as they are, just sold down

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