Posted by Mohd Fahmi Bin Jaes > 2016-03-12 17:58 | Report Abuse

good luck. buy back when it down after 2-3days

Posted by VenFx > 2016-03-12 18:41 | Report Abuse

Another jis dog again ? Really hopeless .

Posted by VenFx > 2016-03-12 18:44 | Report Abuse

Jis can play Our nation upsides down and heavily beatdown the nation.

Posted by Balloon > 2016-03-15 09:01 | Report Abuse

Good for Export Rubber

Posted by bebe > 2016-03-18 15:11 | Report Abuse

Why dropped, say buyback share but no action , cheat

Posted by bebe > 2016-03-18 15:11 | Report Abuse

Trap ppl to buy their share , liar

Posted by anson8222 > 2016-03-18 15:45 | Report Abuse

Bound back very fast

Posted by Mel2learn > 2016-03-18 16:49 | Report Abuse

Dare to buy in?

Posted by anson8222 > 2016-03-18 17:10 | Report Abuse

Nope, still waiting for right time.

Posted by Harold Huong > 2016-03-19 16:14 | Report Abuse

Share Buy Back only take action when price sharply drop lah....below 4.50

Posted by bebe > 2016-03-19 23:38 | Report Abuse

What ?! Below 4.50? Means it's possible to drop below 4.5?! R u serious

Posted by Y2016 > 2016-03-20 02:30 | Report Abuse

In his dream

Posted by moneymoneycome > 2016-03-21 10:17 | Report Abuse

drop so much recently... what happen?

Posted by bebe > 2016-03-21 11:00 | Report Abuse

No eye see, stop checking for a year, hopefully when I check it's more than 7.00

Posted by Mel2learn > 2016-03-21 11:35 | Report Abuse

Why down !!!!?:(

Posted by bebe > 2016-03-21 11:49 | Report Abuse

Being cheated by the news saying they will buyback share :(

Posted by Mohd Fahmi Bin Jaes > 2016-03-21 13:36 | Report Abuse

again big drop

Posted by The One > 2016-03-21 13:42 | Report Abuse

Kossan's EPS is slighly lower than TG but its current price (eventho dropped) is still much higher (6.21 vs 5.26) than TG..

Posted by Mel2learn > 2016-03-22 11:37 | Report Abuse

maybe they push down the prices to initiate a buy back?

Posted by tsyjj > 2016-03-22 12:22 | Report Abuse

Be ready...price will drop n drop...but is good to buy and keep.

Posted by Mohd Fahmi Bin Jaes > 2016-03-22 15:02 | Report Abuse

again big drop non stop

Posted by kinfatt999 > 2016-03-22 15:38 | Report Abuse

because rm gain

Posted by inception > 2016-03-22 15:42 | Report Abuse

dunno drop till when only rebound. sigh!

Posted by bebe > 2016-03-22 16:13 | Report Abuse

Why run, its a profit making co

Posted by chewch > 2016-03-22 16:55 | Report Abuse

will next round of 6.6 happen in 3 weeks time?

Posted by chewch > 2016-03-22 17:05 | Report Abuse

http://www.bloomberg.com/quote/USDMYR:CUR

Posted by bebe > 2016-03-22 17:08 | Report Abuse

Don't care, keep for 5 years sure win

Posted by chewch > 2016-03-22 17:19 | Report Abuse

5 years mau made 1 billion......by then RM 10 no problem..:)

Posted by bebe > 2016-03-22 18:46 | Report Abuse

Sure mou, 5 yrs can reach 10, die die must keep lo then !!

Posted by confuse > 2016-03-23 04:29 | Report Abuse

USD 3.99.

Posted by chewch > 2016-03-23 15:57 | Report Abuse

kesm, another stock than may reach 10 in 5 years time

Posted by angryme > 2016-03-23 18:05 | Report Abuse

final dividend of 0.065.

Posted by Steve Jub > 2016-03-23 19:10 | Report Abuse

woohoo.

Posted by RosmahMansur > 2016-03-24 01:59 | Report Abuse

Of all the gloves companies, I am attracted to Kossan's cash flow which is positive.

Posted by richdad_88 > 2016-03-24 10:21 | Report Abuse

kossan is top 2 gainer now after dividend news, great job!

Posted by chewch > 2016-03-24 14:36 | Report Abuse

run n wait below 6

Posted by tsyjj > 2016-03-24 22:42 | Report Abuse

No tire? Buy run buy run....I m keep all the way.........

Posted by Smart Investor > 2016-03-24 22:51 | Report Abuse

tsyjj....i like ur comment...nowadays buy run buy run....very tired

Posted by cooling > 2016-03-25 06:07 | Report Abuse

http://www.thestar.com.my/business/business-news/2016/03/24/kossan-remains-cimb-research-top-pick-in-glove-sector/

KUALA LUMPUR: CIMB Equities Research is retaining Kossan as its top pick in the gloves sector, given its earnings certainty due to lower correlation with external factors such as US dollar.

It said on Thursday Kossan has not benefited significantly from currency in the past, given its hedged position and passing on of most of its cost savings.

The Food and Drug Administration (FDA) has proposed a ban on the usage of powdered medical gloves in the US.

According to the FDA, the usage of powdered medical gloves, which includes powdered surgical gloves, may cause side effects such as medical issues and allergic reactions.
“We are not surprised by this development, given that the FDA has issued warnings about the dangers of powdered gloves since 1997.

“That said, we do not expect significant impact on the glove sector, as more than 90% of the glove exports to the US are either powder-free latex gloves or nitrile gloves. Note that 99% of nitrile gloves are powder-free,” it said.

CIMB Research said the FDA’s move is likely to prompt switching from powdered latex gloves to alternatives such as powder-free latex gloves or nitrile gloves. This is positive for the sector, as these alternatives generally earn better margins than powdered latex gloves.

“We also believe that glove manufacturers will have no problem absorbing any additional nitrile demand that arises from the switching, given ongoing capacity expansion in this segment,” it said.

CIMB Research said currently, the bulk of powdered latex glove exports from Malaysia go to emerging countries, which we believe are more price-sensitive. Notably, powdered latex gloves are the cheapest type of medical gloves available in the market today.

Developed markets such as the US, UK and western Europe have always been more nitrile centric markets. Top Glove exports the most powdered latex gloves

Posted by RosmahMansur > 2016-03-25 07:22 | Report Abuse

Good article. Thanks for sharing

Posted by Steve Jub > 2016-03-25 11:20 | Report Abuse

Nice one.

Posted by RosmahMansur > 2016-03-25 22:30 | Report Abuse

EPF actively collecting Kossan's shares since early Jan.... i suspect something good is coming soon

Posted by moha > 2016-03-27 09:12 | Report Abuse

EPF trying to lower average buy price as they bought a lot at high price.They will disposed once stock price breakthrough their cost, Need to be super alert!!

Posted by hoongpiow > 2016-03-28 20:43 | Report Abuse

how to know epf buy kossan's share recently ?

Posted by omnigunk > 2016-03-30 11:07 | Report Abuse

Kossan Rubber Industries - Improved Operating Efficiency To Sustain Margins
Author: kiasutrader | Publish date: Tue, 22 Mar 2016, 09:51 AM

We like Kossan for its proven track record in maintaining operating margins despite an increase in costs, as observed in the past three years. Maintain BUY with a revised DCF-based TP of MYR7.53 (from MYR8.27, 21% upside). Further, we welcome Kossan’s announcement to consider its first share buyback in five years, as a sign of confidence in the fundamental value of the stock.

Building up to 2017. Kossan Rubber Industries (Kossan) has unveiled its aggressive capacity expansion plans to add 20bn glove capacity over four phases to bring total annual capacity to 44bn glove pieces by 2020. Although no new capacity is likely to be added in 2016, management expects to lay the foundation during the year for an additional 7.5bn gloves capacity in 2H17. We forecast a 3-year EPS CAGR of 15%, which would stand out amidst the subdued Malaysian GDP growth expectations this year.

Operational challenges. We believe that the increasing industry competition, particularly in the nitrile segment, would complicate the cost pass-through mechanics as manufacturers compete on price to maintain/take market share. As such, we believe margins could be pressured by the removal of government subsidies (ie gas tariff increase) and labour cost increase (ie minimum wage, as well as foreign labour levy hike). We also expect earnings to be affected by the recent strength of MYR. RHB has revised its 2016 USD forex assumption to MYR4.18 (from MYR4.34).

Earnings and risks. We lower our FY16F-18F earnings by 2% to 4% after updating our assumptions. The upside risks to our forecast include the re-rating of the sector, driven by liquidity and buoyed by market risk aversion; the key downside risk would be higher prices for raw materials such as latex and nitrile. Maintain BUY. We like Kossan for its proven track record in maintaining operating margins despite an increase in costs, as observed in 2013 during the nationwide minimum wage hike as well as the two rounds of gas tariff hikes in 2014. We also welcome founder/CEO Dato’ Lim Kuang Sia’s readiness to consider Kossan’s first share buyback in five years as a sign of confidence in the fundamental value of the stock. Our revised DCF-based TP of MYR7.53 (CoE: 8%, TG: 2%) implies 21.4x FY16F P/E. Kossan is currently trading at FY16F P/E of 17.7x (below its historical +1SD trading band of 19.1x), whereas the stock has traded above this valuation level for the past 12 months.

Posted by omnigunk > 2016-03-30 11:07 | Report Abuse

I'm happily collecting

Posted by bebe > 2016-03-31 15:35 | Report Abuse

No hope anymore...

Posted by Steve Jub > 2016-03-31 16:06 | Report Abuse

back into freezer to keep for months

Posted by omnigunk > 2016-04-05 10:17 | Report Abuse

Unloaded all at 6.13.

Posted by Steve Jub > 2016-04-05 10:54 | Report Abuse

so fast unload?