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 10 hours ago

Posted by Investmalaysiaa > 2022-11-01 19:13 | Report Abuse

Before this was topglvoe now is supermax. Really toh Sui ka

DestinyL

4,744 posts

Posted by DestinyL > 2022-11-01 19:41 | Report Abuse

I thought it was a good move
Price should be supported by fundamentals, otherwise it is just speculation without fundamental basis

DestinyL

4,744 posts

Posted by DestinyL > 2022-11-02 09:48 | Report Abuse

Kossan and Harta QR out soon, all panic lol

EverettLee

362 posts

Posted by EverettLee > 2022-11-02 10:40 | Report Abuse

Ya lor. People take some profit 1st

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-11-02 13:14 | Report Abuse

So far so good..

DestinyL

4,744 posts

Posted by DestinyL > 2022-11-02 16:15 | Report Abuse

Harta may release QR today also
If they also delay might be a sign

Posted by valueinvestor33 > 2022-11-02 16:25 | Report Abuse

Negative result will storm the market.

Posted by Go lucky Happy > 2022-11-02 18:33 | Report Abuse

Gone gone gone.

stevenckheng

1,351 posts

Posted by stevenckheng > 2022-11-02 18:36 | Report Abuse

gg man, low revenue + low margin%

DestinyL

4,744 posts

Posted by DestinyL > 2022-11-02 18:41 | Report Abuse

At least still remain profitable
I think the others will really GG, maybe even Harta

DestinyL

4,744 posts

Posted by DestinyL > 2022-11-02 18:48 | Report Abuse

This brings us back with a reality check, I love it

Posted by InsiderShark > 2022-11-02 18:48 | Report Abuse

lowest Net Profit and Margin if compared 10 years ago. Really GG.

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-11-02 18:50 | Report Abuse

Haha ha.... We bought low sure happy with this result..... Still making money..... Very positive.... Haha ha..

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-11-02 18:52 | Report Abuse

Tonight need to do homework.... Maybe got crazy people want to sell cheap to me...... See what target price to set for collection....

DestinyL

4,744 posts

Posted by DestinyL > 2022-11-02 18:58 | Report Abuse

I guess it would not be impossible to go back to RM1

DestinyL

4,744 posts

Posted by DestinyL > 2022-11-02 18:59 | Report Abuse

Probably tomorrow I can do my last batch of buyback at much reduced cost lol

pang72

51,565 posts

Posted by pang72 > 2022-11-02 19:05 | Report Abuse

I don't understand the current surge of gloves counter.
The QR know as bad coming mons..

Posted by AlsvinChangan > 2022-11-02 19:12 | Report Abuse

KOSSAN latest Q3 results confirm the company is shrinking

kbtsyl68

145 posts

Posted by kbtsyl68 > 2022-11-02 19:37 | Report Abuse

The worst already been factored in and the prices are reflecting the 2023 outlook.

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-11-02 19:41 | Report Abuse

Below 1.20...look see look see.... Below 1.10 one or two batches collection.... Below 1.......sapu kau kau...... Haha ha..... Good luck to potential buyers and bad luck to potential sellers..... Bad time buy good company, won't wrong.

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-11-02 19:44 | Report Abuse

Didn't expect still can make money...... The company has nothing wrong, just the market situation is not favorable. Somemore cash rich.... Sinking? Pls sell cheap cheap to us.

kbtsyl68

145 posts

Posted by kbtsyl68 > 2022-11-02 19:49 | Report Abuse

@sharefisher. I truly agree with you.

Posted by Investmalaysiaa > 2022-11-02 20:34 | Report Abuse

Profit 20+ million wor. Okay la still profit. Topglvoe already lost 50+million

Posted by Investmalaysiaa > 2022-11-02 20:44 | Report Abuse

Taxation 549million. Zzzzz

Posted by NatsukoMishima > 2022-11-02 22:15 | Report Abuse

Next qr onwards u will see red red red already , be patience !

Posted by NatsukoMishima > 2022-11-02 22:20 | Report Abuse

Today is dufu plunge , tomorrow will be all glove stocks plunge , better q sell at 8.30am !

Posted by NatsukoMishima > 2022-11-02 22:21 | Report Abuse

Wake up all , malaysia glove wont go back to glorious years after China challenge !

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

Lower low 6x - 8x sens in 2023 !

rr1688

3,170 posts

Posted by rr1688 > 2022-11-02 22:25 | Report Abuse

NUT SUKA MISSING MA...1 MONTH PROFIT 15 % WHERE TO FIND ? ...

Posted by software guy > 2022-11-02 22:26 | Report Abuse

Last week media promote glove coming back, so this week what media will do this time?

rr1688

3,170 posts

Posted by rr1688 > 2022-11-02 22:26 | Report Abuse

ONLY IN KOSSAN...BCOZ TROPLEDEMIC + DELTACRONDEMIC IS COMING...

rr1688

3,170 posts

Posted by rr1688 > 2022-11-02 22:27 | Report Abuse

THE GOOD NEWS IS ONLY MALAYSIA BEST QUALITY RUBBER GLOVES CAN BLOCK THIS VIRUS...

rr1688

3,170 posts

Posted by rr1688 > 2022-11-02 22:31 | Report Abuse

nothing can block the virus...not even the best warrior in history...not even the biggest n strongest creature on earth...ONLY THE MALAYSIA BEST QUALITY RUBBER GLOVES CAN BLOCK THE VIRUS...PANG WEAR MALAYSIA BEST QUALTY RUBBER GLOVES otherwise u pang sai non stop...mai kong gua bo chio...

rr1688

3,170 posts

Posted by rr1688 > 2022-11-02 22:33 | Report Abuse

low quality rubber gloves competitors stop production due to zero covid instruction...demand increase...

rr1688

3,170 posts

Posted by rr1688 > 2022-11-02 22:35 | Report Abuse

as in 1988,2000,2008 RUBBER GLOVES COUNTERS TRIPLE...NOW 2022 4TH DIVERGENCE WAVE IS COMING...

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-11-02 22:58 | Report Abuse

Ha ha ha... Good night.... Really got crazy in this forum.

Posted by warbreaker > 2022-11-03 07:10 | Report Abuse

good morning

Endgame

759 posts

Posted by Endgame > 2022-11-03 08:52 | Report Abuse

Will be gap down to flush out, then climb back again

DestinyL

4,744 posts

Posted by DestinyL > 2022-11-03 09:24 | Report Abuse

MBB TP 1.03
I waiting to buyback

DestinyL

4,744 posts

Posted by DestinyL > 2022-11-03 09:25 | Report Abuse

Even if today Kossan can hold losses, what happens when Harta, TG, Supermax release results?

DestinyL

4,744 posts

Posted by DestinyL > 2022-11-03 09:26 | Report Abuse

Losses as in hold the price pressure

bang_miskin

1,059 posts

Posted by bang_miskin > 2022-11-03 09:27 | Report Abuse

Result better than what I've expected. If prices really approaches near RM1, will be buying.

DestinyL

4,744 posts

Posted by DestinyL > 2022-11-03 09:29 | Report Abuse

RM1 is a steal lah lol, below 1.10 will be good dy

Endgame

759 posts

Posted by Endgame > 2022-11-03 10:11 | Report Abuse

Afternoon will green back and surprise the fear sellers...hehe

bang_miskin

1,059 posts

Posted by bang_miskin > 2022-11-03 10:26 | Report Abuse

Agree, below 1.10 is also a good buy. Again no hurry, let price drop a little. Wait for this month's gaji to come in, then buy some.

EverettLee

362 posts

Posted by EverettLee > 2022-11-03 10:30 | Report Abuse

Price reverse back due to shocking results...still have supermax one to expect. Haha

DestinyL

4,744 posts

Posted by DestinyL > 2022-11-03 10:34 | Report Abuse

TG will be the highlight lah
If Harta also red then no eye see

DestinyL

4,744 posts

Posted by DestinyL > 2022-11-03 10:39 | Report Abuse

Okay bought back everything, sold all at 1.16 this morning

DestinyL

4,744 posts

Posted by DestinyL > 2022-11-03 10:40 | Report Abuse

Below 1.10, will add a little

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