Posted by DestinyL > 2023-07-24 18:09 | Report Abuse

Other factor in play, to be seen in upcoming QR

Posted by Endgame > 2023-07-25 08:09 | Report Abuse

Breaking fake news: Kossan privatise at 3.0 per share from internal funds and bank borrowing

Posted by speakup > 2023-07-25 08:16 | Report Abuse

@endgame, nak tipu, tipu a bit with facts lah.
Super cash rich companies like Insas, Kseng, Icap, Mphbcap, Facbind, Hsplant are much higher chance privatise than Kossan lah

Posted by Likesung > 2023-07-25 16:54 | Report Abuse

Hope coming up QR profit 10M++

Posted by EverettLee > 2023-07-26 14:34 | Report Abuse

Won't privatize la. Ask a friend of mine who working there

Posted by Chipee > 2023-07-26 18:48 | Report Abuse

Now ask your friend whether Kossan is profitable last quarter ... then report here, Thx u...hehehe

EverettLee

Won't privatize la. Ask a friend of mine who working there

Posted by Likesung > 2023-07-27 17:56 | Report Abuse

Latest QR already mentioned that glove are losing profit but Technical Rubber product and Clean room product are profitable. It looks like not bad but the share price will shoot up or not ?

Posted by Chipee > 2023-07-27 18:26 | Report Abuse

OK la .. gloves department losses decrease from ( 34,904) to ( 12,073). Hopefully, it will be profitable in Q3.

Posted by Endgame > 2023-07-27 19:05 | Report Abuse

Breaking news: Local analysts expected tomorrow sell down after Kossan released loss QR result. Maintained target price 1 after considered better ASP.

Posted by speakup > 2023-07-27 21:22 | Report Abuse

one minute Endgame say privatisation, next minute say selldown
apalah

Posted by Chipee > 2023-07-27 21:23 | Report Abuse

Endgame missed chance to buy at Rm1 ma ...

Posted by 5354_ > 2023-07-28 10:23 | Report Abuse

Endgame selldown true?

Posted by rizerlee > 2023-07-28 11:00 | Report Abuse

Operating cost is higher than Revenue.
demand is getting bad and chinese competition getting tense
Company need to start fire somebody to keep the cost low

Posted by Chipee > 2023-07-28 11:59 | Report Abuse

Sounds about right

rizerlee

Operating cost is higher than Revenue.
demand is getting bad and chinese competition getting tense
Company need to start fire somebody to keep the cost low

Posted by Likesung > 2023-07-28 12:15 | Report Abuse

Very worst is over, time to shooting up !! No more RM1.00 tell them to wait long long ha

Posted by Gizaa > 2023-07-28 12:27 | Report Abuse

losing steam.....

Posted by Endgame > 2023-07-28 13:46 | Report Abuse

Breaking news: Foreign funds continue buy in Kossan. Expected Kossan will turnaround to profit making next year and expected windfall dividend.

Posted by joyvest > 2023-07-28 14:20 | Report Abuse

Just drop by to say" hello" to old friends here but none is around .Mostly new faces here. My advice to them is that this counter is thing of the past and considered as a "sunset industry" and don't waste your youthfulness here. Money can't buy back your youthfulness

Posted by Likesung > 2023-07-28 14:28 | Report Abuse

Hahaha sour grapes !!!

Posted by Gizaa > 2023-07-28 14:53 | Report Abuse

at least to 2.00? altho a sunset business

Posted by Likesung > 2023-07-28 18:31 | Report Abuse

No need to hear those give negative comment, cause they want buy short term for goreng only .

Posted by Endgame > 2023-07-28 19:04 | Report Abuse

Breaking news: Local institutional fund analyst called strong sell for Kossan wirh target price 1.00. Local retailers strongly recommended to avoid so called sunset industry business and unprofitable companies.

Posted by Likesung > 2023-07-28 19:23 | Report Abuse

Aiya! 2 investment banks gave TP RM1.46 & RM1.6 how could RM1.00

Posted by yfchong > 2023-07-28 19:28 | Report Abuse

Did not realise Q report release. It us ok just minor losses. -3.3 mil.

Posted by yingkang87 > 2023-07-29 02:47 | Report Abuse

Buying in to hold for long term since the price now was low… It is too late if the price went up only consider to buy!!

Posted by Likesung > 2023-07-29 11:52 | Report Abuse

Very good prospective, hope before end of the year can RM2.00

Posted by yfchong > 2023-07-29 20:51 | Report Abuse

lets See can reach boh by 31/12/2023

Posted by yfchong > 2023-07-29 22:33 | Report Abuse

i wish too. to hit this level

Posted by yfchong > 2023-08-01 07:24 | Report Abuse

Can hit 1.85

Posted by Likesung > 2023-08-01 11:11 | Report Abuse

Good good good ! can maintain RM1.4

Posted by EverettLee > 2023-08-01 15:52 | Report Abuse

All IBs so pessimistic over glove's outlook except TA 😅

Posted by Likesung > 2023-08-01 18:33 | Report Abuse

All gloves green only u red red ah

Posted by EverettLee > 2023-08-02 16:15 | Report Abuse

Synch with Berjaya corp. ha

Posted by EverettLee > 2023-08-04 17:21 | Report Abuse

It will pass through 1.40 again after Harta announcing QR I guess

Posted by Siow Looi > 2023-08-07 17:12 | Report Abuse

Dead cat bounce

Posted by Likesung > 2023-08-09 20:17 | Report Abuse

Harta punya pasal lah

Posted by Chipee > 2023-08-10 13:19 | Report Abuse

Harta loss was RM302.76 million in Q1. Q2 is RM52.47 million .... Loss drop by 83%
Kossan loss was RM23.6 million in Q1. Q2 is RM2.66 million .... Loss drop by 89%

Hopefully, Q3 & Q4 sees profit. They expanded too much for COVID so fixed cost increased. Now they shld scale down to cut cost to be profitable.


Likesung
Harta punya pasal lah

Posted by Endgame > 2023-08-10 14:52 | Report Abuse

Breaking news: Kossan in the progress to change the business pipeline focus from loss making glove to high margin Technical Rubber Products. All the funds will use to prioritise the growth of this high margin products business unit.

Posted by Likesung > 2023-08-11 12:35 | Report Abuse

My opinion is Kossan is making profit this QR, the share price should not affected those making losing profit company .

Posted by Endgame > 2023-08-11 17:35 | Report Abuse

Breaking news: Kossan today stock price under pressure after Harta bad QR released. A local fund manager commented this sell down is mainly from the short term small and medium retailers. On the other hand the foreign funds and owner of the company is progressively accumulating.

Posted by EverettLee > 2023-08-14 16:54 | Report Abuse

Under pressure but yet still standing strong at Rm1.30 there. hehe

Posted by Likesung > 2023-08-15 12:54 | Report Abuse

Making profit company share price wont affected by losing profit company, therefore losing profit company should take some revise .

Posted by Chipee > 2023-08-21 09:57 | Report Abuse

ABRDN is still buying.... :)

Posted by ClaraChan94 > 2023-08-24 15:21 | Report Abuse

ABRDNis buying Kossan dan FFB

Posted by Likesung > 2023-08-24 22:07 | Report Abuse

Based on previously record the director hold 51% of share before year 2020 .

Posted by hw0706 > 2023-08-26 19:49 | Report Abuse

aberdeen already loss in aeon and pos malaysia. so have to be careful.

Posted by Likesung > 2023-08-28 17:24 | Report Abuse

Maybe the fund already predict in next year the customers will order new glove because the old gloves will expired soon.

Posted by Likesung > 2023-08-30 11:04 | Report Abuse

@hw0706
Aberdeen start bought Kossan around RM1.00-RM1.20 they still making profit

Posted by NatsukoMishima > 2023-08-30 12:06 | Report Abuse

China intco will ramp up 200billion extra gloves to market in 2024 , u see the ASP will drop below USD 10 or not ?

Posted by Likesung > 2023-08-30 12:23 | Report Abuse

@Natsuko
U making a lot of funny