KOSSAN RUBBER INDUSTRIES BHD

KLSE (MYR): KOSSAN (7153)

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Last Price

2.10

Today's Change

-0.02 (0.94%)

Day's Change

2.08 - 2.14

Trading Volume

3,868,800


19 people like this.

15,972 comment(s). Last comment by Endgame 53 minutes ago

Kpin Yeoh

239 posts

Posted by Kpin Yeoh > 2017-11-16 16:06 | Report Abuse

~30% floating stock and majority hold by long term investor.

Kpin Yeoh

239 posts

Posted by Kpin Yeoh > 2017-11-16 16:09 | Report Abuse

do we have any idea how many percent hold by other fund which is not posted?

Posted by kelvin_ik4u > 2017-11-16 16:14 | Report Abuse

That why, I strongly hope that Kossan mgmt/CEO really consider my proposal, declare bonus share for more liquidity in the market, on par with Topglove or Hartalega, then it share price can go even further since Kossan mgmt is proven efficient throughout many years.

Previous:
Kossan should announce & give more bonus share. Compare to Topglove & Hartalega, Kossan total share is the market is still small (Kossan 0.68mil vs Topglove 1.26mil vs Harta 1.65mil). Kossan CEO/mgmt should give out 1 bonus share for every 2 share held & 1 free convertible warrant for every 4 shares held by shareholders. The implementation of this proposal will definitely push up the share price due to more share liquidity in market.

Kpin Yeoh

239 posts

Posted by Kpin Yeoh > 2017-11-16 17:11 | Report Abuse

As usual during closing someone will push down the price.

Posted by Mohd Fahmi Bin Jaes > 2017-11-16 20:13 | Report Abuse

Sell

ks5S

4,601 posts

Posted by ks5S > 2017-11-16 20:18 | Report Abuse

sell your underwear-kah ?

tsyjj

226 posts

Posted by tsyjj > 2017-11-16 21:01 | Report Abuse

Keep....

Posted by kelvin_ik4u > 2017-11-20 11:46 | Report Abuse

Opportunity to collect Kossan when price low, both Topglove & Hartalega is coming up. Don't be fearful when share price drop, it an opportunity to accumulate if re-look on it business growth of 30%+. PE is undervalued vs Hartalega a lot and Kossan just starting its engine now.

Be fearful when others are greedy, and greedy when others are fearful

tsyjj

226 posts

Posted by tsyjj > 2017-11-20 12:08 | Report Abuse

Still keep....

Posted by kelvin_ik4u > 2017-11-20 13:52 | Report Abuse

Warren Buffet's advise:
Seize Great Opportunities and Load Up the Truck
“Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.

“The stock market is designed to transfer money from the impatient to the patient investor.”

Posted by kelvin_ik4u > 2017-11-20 16:37 | Report Abuse

fyi, On 10 November, spot BD prices were assessed at $975/tonne CFR NE Asia, down another by 26% from 6 October, ICIS data reported. These further raw BD price drop make rubber maker, benefit even more vs last Feb when it hit highest of $3019/tonne.

That's mean all glove maker for nitrile glove benefit the most in subsequent months down the road.

Posted by Mohd Fahmi Bin Jaes > 2017-11-20 18:12 | Report Abuse

Sell

Posted by Mohd Fahmi Bin Jaes > 2017-11-20 18:12 | Report Abuse

More keep more down

wantocin

175 posts

Posted by wantocin > 2017-11-20 21:41 | Report Abuse

when fahmi say sell,that mean strong buy.

Posted by kelvin_ik4u > 2017-11-21 14:40 | Report Abuse

Even Supermax Q317 result QoQ show impressive net profit earning spike 235% jump on preceding Qtr, jump from RM 8.3mil (EPS 1.25cent) to RM 28mil (EPS 4.19cents), due to raw material price drop & refurbish plant efficiency improved. That impressive as moving month to month till now, raw material price keep on falling, further improve overall glove maker profit in coming months.

tsyjj

226 posts

Posted by tsyjj > 2017-11-22 10:53 | Report Abuse

23th, QR good profits

Alex Goh

28 posts

Posted by Alex Goh > 2017-11-23 00:37 | Report Abuse

Pls take note..currency. USD1 drop to MYR 4.10 now....

HowAh

963 posts

Posted by HowAh > 2017-11-23 18:59 | Report Abuse

The dividend so poor for this counter

oxxxyxxx

114 posts

Posted by oxxxyxxx > 2017-11-23 19:04 | Report Abuse

Disappointed!

Posted by Mohd Fahmi Bin Jaes > 2017-11-24 09:29 | Report Abuse

Sell on news

tsyjj

226 posts

Posted by tsyjj > 2017-11-24 09:31 | Report Abuse

Keep...

Posted by kelvin_ik4u > 2017-11-24 09:33 | Report Abuse

Kossan start to rebound from low, buyer start coming back.

tsyjj

226 posts

Posted by tsyjj > 2017-11-24 10:08 | Report Abuse

Previous quarter report out, kossan share price dropping too and todsy history repeated. I m keeping......

superbull11

1,048 posts

Posted by superbull11 > 2017-11-24 11:14 | Report Abuse

go supermx , KOSSAN QR is flat , supermx is undervalue , QR improve , short term T.P 2.40 , flat QR can't go higher

superbull11

1,048 posts

Posted by superbull11 > 2017-11-27 15:20 | Report Abuse

?

JN88

11,670 posts

Posted by JN88 > 2017-12-15 18:35 | Report Abuse

Buy

ks5S

4,601 posts

Posted by ks5S > 2017-12-19 11:16 | Report Abuse

after harta rocket, kossan will rocket to 9.00
now still putting in fuel, engine warm up

ks5S

4,601 posts

Posted by ks5S > 2017-12-19 11:19 | Report Abuse

bonus issue coming soon

ks5S

4,601 posts

Posted by ks5S > 2017-12-19 11:27 | Report Abuse

NASA CALLING, NASA CALLING

WE GOING TO START THE COUNTDOWN... 10, 9....

ks5S

4,601 posts

Posted by ks5S > 2017-12-19 12:28 | Report Abuse

8

ks5S

4,601 posts

Posted by ks5S > 2017-12-19 14:44 | Report Abuse

7

ks5S

4,601 posts

Posted by ks5S > 2017-12-19 15:05 | Report Abuse

6

Posted by rahsia_pelabur > 2017-12-20 07:30 | Report Abuse

TA Securities has Buy call with target price of MYR8.60 for Kossan, but tips take profit on other three stocks.

akuree

441 posts

Posted by akuree > 2017-12-20 10:35 | Report Abuse

when is kossan turn....others rubber stock already in the star....huhuhu come on kossan.....show us your power....

Posted by Mohd Fahmi Bin Jaes > 2017-12-20 11:01 | Report Abuse

slowly fly and consistence

Posted by joejoejoe120 > 2017-12-20 14:17 | Report Abuse

http://www.theedgemarkets.com/article/top-three-glove-makers-advance-bright-prospects

AmInvestment Bank Research's Joshua Ng said his top pick for the latex glove industry is Kossan! And global latex glove demand is expected to grow by 8-10% per annum and Malaysia's global market share of latex glove industry is 60% and expected to rise to 65% next year... What do you guys think? the call is yours...

Posted by kelvin_ik4u > 2017-12-20 14:33 | Report Abuse

Hi All, for those miss out the glove counter share price rally, look beyond Bursa exchange. Study on this Riverstone glove maker (SGP exchange), small/med cap, but highly efficient or equal to Hartalega. This remind me on last 7yrs when Hartalega is a small glove company, unspotted and below investor radar below RM500mil company, but now super powerful, now worth RM 18bil company.

Thanks Hartalega, Kossan & Topglove for making me multi-millonaire :)

Riverstone 3Q17 net profit RM34.3mil (+26.8% QoQ ), zero debts company, net cash position RM112.4mil, ROE 20.7% growth annually (avg 5yr), divident payout ratio 40% - 45% annually, Gross profit margin 27%, net profit margin 18.7%.

In term of plant expansion, glove output increase additional +1.4bil pcs, start commission & fully operate by Q4'17 (Phase 4). This raise additional capacity of 22.5% + full operate on Q4'17, boost net profit earning to RM40 - RM42mil. Expected Q4'17 EPS is raise to 5.3sen ~ 5.6sen. push up TP conservatively to $1.25 based on forward PE 17 (deep discount vs Hartalega forward PE 40).

akuree

441 posts

Posted by akuree > 2018-01-02 19:52 | Report Abuse

wow....drop and drop again....come on rubber....

ks5S

4,601 posts

Posted by ks5S > 2018-01-04 12:15 | Report Abuse

ARE YOU READY KOSSAN ?

ks5S

4,601 posts

Posted by ks5S > 2018-01-04 12:16 | Report Abuse

YES... I'M READY

ks5S

4,601 posts

Posted by ks5S > 2018-01-04 13:32 | Report Abuse

KOSSAN... AFTER MAKAN, ARE YOU READY ?

superbull11

1,048 posts

Posted by superbull11 > 2018-01-07 11:09 | Report Abuse

?

Tsyj

32 posts

Posted by Tsyj > 2018-01-08 17:20 | Report Abuse

Up..n..up..

Guy2017

182 posts

Posted by Guy2017 > 2018-01-18 21:12 | Report Abuse

Fahmi, I noticed every counter u are either in or not, you only say “sell”. Guess u really hv mental problem. If u keep on selling every counter like u said, by nowu should be naked... not even an underwear.

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