KOSSAN RUBBER INDUSTRIES BHD

KLSE (MYR): KOSSAN (7153)

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Last Price

2.33

Today's Change

+0.05 (2.19%)

Day's Change

2.29 - 2.35

Trading Volume

1,396,900


19 people like this.

15,913 comment(s). Last comment by ChandranG 1 day ago

Chipee

344 posts

Posted by Chipee > 1 week ago | Report Abuse

Top Glove spectacular result. Finally profitable. ASP is improving.

ChandranG

289 posts

Posted by ChandranG > 6 days ago | Report Abuse

Sell on good news today?

ChandranG

289 posts

Posted by ChandranG > 6 days ago | Report Abuse

Sell on good news today?

Chipee

344 posts

Posted by Chipee > 6 days ago | Report Abuse

Now I'm observing 28 June. USTR is collecting opinions from their industry players on the tariff hike. I'm hoping they want it to be earlier than 2026. Old and bigger players may want to kill their small/new players in US. These new players has been "disturbing" their profit using China's gloves. We'll see. Can only hope.

Chipee

344 posts

Posted by Chipee > 6 days ago | Report Abuse

Let the data sink in for them. We will see the next week. As Kimsua highlighted, options expiring.

ChandranG

Sell on good news today?

Posted by Lukey_Greek > 6 days ago | Report Abuse

In the AGM, Mr Lim mentioned that the worst was over, however the recovery is more like a L shape, instead of V. Utilisation rate was about 60% only for Apr & May.

Posted by Lukey_Greek > 6 days ago | Report Abuse

The boost of USA tariff of 25% in 2026 will only have temporary effect, as China will gain more market share in Europe. The supply & demand will be rebalanced as a whole. The ASP will more or less back to 2025 level after that.

Chipee

344 posts

Posted by Chipee > 6 days ago | Report Abuse

If you have not seen the news, RIGHT parties are winning in Europe. We will see the result in UK and France election results next month. If they take over the governments, rest assure more tariff on China. I doubt China can take over Europe market.

Mini2021

1,446 posts

Posted by Mini2021 > 6 days ago | Report Abuse

TP 3 by year end

Chipee

344 posts

Posted by Chipee > 6 days ago | Report Abuse

Anwar announce to join BRICS, KLSE just sold off. Could it be the reason?

Albukhary

2,846 posts

Posted by Albukhary > 5 days ago | Report Abuse

When Kossan new HQ will be officially launch?
Everyday I passed by it, such a nice building, very ESG style of building, especially if you compare it to Top Glove Tower.

Mini2021

1,446 posts

Posted by Mini2021 > 3 days ago | Report Abuse

Another 30 days.... Kossan Result.... Another 40 days Harta Result

ChandranG

289 posts

Posted by ChandranG > 1 day ago | Report Abuse

Typically it will release its Q2 result by end of July

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