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 14 hours ago

SinGor

4,926 posts

Posted by SinGor > 2022-11-03 11:02 | Report Abuse

Bankers are giving high TP so that they can Run. Next bad news will come with Super Qr results.
Cascading price falls one after another Qr release. Wait if want to average ---maybe in 2023. For sure 4Q22
is also Holland. There is no money in EU and USA to buy Glove or restock

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-11-03 11:13 | Report Abuse

We sapu kau kau below 1.....no rush.......

Posted by EatCoconutCanWin > 2022-11-03 12:08 | Report Abuse

Dropped n buy. Non related to political move. Good for investment

dlau8899

915 posts

Posted by dlau8899 > 2022-11-03 13:56 | Report Abuse

Wait to buy below 1.00

Endgame

759 posts

Posted by Endgame > 2022-11-03 13:57 | Report Abuse

I wonder how others new glove companies can survive since the big one also cannot make money

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-11-03 14:10 | Report Abuse

So far, support around 1.10 was good... See later how.....

Posted by juicytrader > 2022-11-03 14:13 | Report Abuse

everyone waiting to buyback.... current price level is holding .....

bang_miskin

1,059 posts

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

wait for Harta QR to appear, leading to second round of price drop. Then I take my broom and sapu :)

James Ng

2,705 posts

Posted by James Ng > 2022-11-03 21:34 | Report Abuse

[转贴] [Video:浅谈KOSSAN RUBBER INDUSTRIES BERHAD, KOSSAN, 7153] - James的股票投资James Share Investing
https://klse.i3investor.com/web/blog/detail/general/2022-11-03-story-h1651160116

Posted by NatsukoMishima > 2022-11-03 22:24 | Report Abuse

https://www.cnbc.com/2022/11/03/gates-backed-c16-biosciences-uses-yeast-to-create-palm-oil-substitute.html
_____
Guess they are otw create reusable gloves also !

Perakian

45 posts

Posted by Perakian > 2022-11-04 09:21 | Report Abuse

Covid-19 4711 cases going up again.

EverettLee

362 posts

Posted by EverettLee > 2022-11-04 11:39 | Report Abuse

Wonder if can get it below RM1 again...

DestinyL

4,744 posts

Posted by DestinyL > 2022-11-04 11:52 | Report Abuse

Possible if DJ drops another 20%+

Endgame

759 posts

Posted by Endgame > 2022-11-04 12:18 | Report Abuse

Today no gap down show...Institutions no more short the stock?

Endgame

759 posts

Posted by Endgame > 2022-11-04 15:38 | Report Abuse

Next weeek news, glove oversupply issue still unresolved, recommended to take profit or cut loss...

DestinyL

4,744 posts

Posted by DestinyL > 2022-11-04 16:21 | Report Abuse

That was last months news lol

DestinyL

4,744 posts

Posted by DestinyL > 2022-11-04 16:53 | Report Abuse

Nice closing

rr1688

3,170 posts

Posted by rr1688 > 2022-11-05 02:16 | Report Abuse

NUT SUKA MISSING MA...I AM JUMPING IN...ALL IN SAI LANG...

rr1688

3,170 posts

Posted by rr1688 > 2022-11-05 02:18 | Report Abuse

nothing can stop the virus...not even the best warrior in history...not even the biggest n strongest creature on earth...ONLY MALAYSIA BEST QUALITY RUBBER GLOVES CAN BLOCK THE VIRUS...

rr1688

3,170 posts

Posted by rr1688 > 2022-11-05 02:19 | Report Abuse

low quality rubber gloves competitors stop production due to zero covid instruction...tripledemic n deltacrondemic is coming...demand increase...

rr1688

3,170 posts

Posted by rr1688 > 2022-11-05 02:20 | Report Abuse

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

rr1688

3,170 posts

Posted by rr1688 > 2022-11-05 02:21 | Report Abuse

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

rr1688

3,170 posts

Posted by rr1688 > 2022-11-05 02:22 | Report Abuse

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

rr1688

3,170 posts

Posted by rr1688 > 2022-11-05 02:22 | Report Abuse

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

rr1688

3,170 posts

Posted by rr1688 > 2022-11-05 02:22 | Report Abuse

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

yfchong

5,881 posts

Posted by yfchong > 2022-11-05 07:15 | Report Abuse

Waitubg call of duty to set up net....

rr1688

3,170 posts

Posted by rr1688 > 2022-11-05 15:34 | Report Abuse

Buy Kossan now or never b4 it Spike to the Sky 10x ...



8888_

2,923 posts

Posted by 8888_ > 2022-11-06 13:12 | Report Abuse

2022-11-03

Insider

MR LIM LENG BUNG (a substantial shareholder) acquired 414,900 shares on 01-Nov-2022.

DestinyL

4,744 posts

Posted by DestinyL > 2022-11-07 08:51 | Report Abuse

Chump change for them

Endgame

759 posts

Posted by Endgame > 2022-11-07 09:37 | Report Abuse

Can buy and hold, but not for contra or short term cos the institution fund manager can easily short and gain

bang_miskin

1,059 posts

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

@Endgame Agree. Glove counters can buy and hold mother as long as the price is very cheap. Don't chase after high price because the industry is currently dealing with oversupply problem, which may clear in the next two three years. Buy when prices has bottomed out.

For those who chase glove counters and play contra, make sure lady luck and choysun is on your side.

DestinyL

4,744 posts

Posted by DestinyL > 2022-11-07 16:04 | Report Abuse

Probably won't have to wait 3 years... maybe 1 or 2 Qs can start recover a little

winetime

527 posts

Posted by winetime > 2022-11-07 17:14 | Report Abuse

Steady lads, slowly gaining momentum

DestinyL

4,744 posts

Posted by DestinyL > 2022-11-08 09:52 | Report Abuse

I will sell if it goes near to 1.20, few more poor QRs to come from the other big 3

DestinyL

4,744 posts

Posted by DestinyL > 2022-11-08 16:20 | Report Abuse

TG goreng wind

rr1688

3,170 posts

Posted by rr1688 > 2022-11-08 18:01 | Report Abuse

Uptrend Mari...as in 1988,2000,2008 Rubber gloves counters triple...now 2022 the 4th divergence wave is coming...

rr1688

3,170 posts

Posted by rr1688 > 2022-11-09 00:42 | Report Abuse

DAILY PROFIT 1.8 % IS GOOD PROFIT...I HOLD hopefully can reach higher peak...2020 i HOLD until RM16.98 ...

Endgame

759 posts

Posted by Endgame > 2022-11-09 08:17 | Report Abuse

When make huge profit, going down hill, when in bad business, going up?

Posted by Investmalaysiaa > 2022-11-09 08:44 | Report Abuse

Share market forward looking ma

EverettLee

362 posts

Posted by EverettLee > 2022-11-10 11:56 | Report Abuse

NO chance to get this below RM1 alrdy and Kossan will hang above RM1.10 for some time I think

kahfui1221

414 posts

Posted by kahfui1221 > 2022-11-10 13:08 | Report Abuse

Kossan Rubber Industries Bhd, which saw its net profit plunge 95.6% to RM23.26mil in the third quarter ended Sept 30, expects the performance in the remaining quarter of FY22 to be challenging.

kahfui1221

414 posts

Posted by kahfui1221 > 2022-11-10 13:08 | Report Abuse

Earnings per share (EPS) for the period stood at 0.91 sen versus 20.69 sen previously.

Its revenue more than halved to RM560.5mil against RM1.3bil last year due to the decrease in revenue from the gloves and clean-room divisions mitigated by the higher revenue in the TRP division.

For the first nine months to Sept 30, Kossan posted a net profit of RM159.3mil, or (EPS) 6.25 sen on revenue of RM1.83bil.

Posted by Investmalaysiaa > 2022-11-10 14:00 | Report Abuse

Now already 1.5 quarters gone for 4Q22. Share market is 6 months to 1 year forward looking ma kikiki

DestinyL

4,744 posts

Posted by DestinyL > 2022-11-10 15:07 | Report Abuse

Cheong arr

bang_miskin

1,059 posts

Posted by bang_miskin > 2022-11-10 15:26 | Report Abuse

Go go Kossan!

DestinyL

4,744 posts

Posted by DestinyL > 2022-11-10 19:25 | Report Abuse

Took some profit

Posted by Investmalaysiaa > 2022-11-10 22:30 | Report Abuse

Today US market strong o

DestinyL

4,744 posts

Posted by DestinyL > 2022-11-10 23:01 | Report Abuse

Tomorrow up sell more, 95% more to sell

DestinyL

4,744 posts

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

Today gloves seems subdued
Perhaps operator's move yesterday was off timing, should've done it today lol

bang_miskin

1,059 posts

Posted by bang_miskin > 2022-11-11 09:31 | Report Abuse

market manipulation or not, looks like someone is accumulating lots of glove counters. ikan bilis like me just follow and nibble along the way.
today is a good day for many industries :)

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