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 49 minutes ago

paperplane

21,625 posts

Posted by paperplane > 2018-07-27 15:21 | Report Abuse

n June 2016, subsidiary Doshin Rubber Products (M) entered into a Memorandum of Agreement with Shanghai Tongji University Tong Tech Metro Vibration Control Co Ltd (TVMC) to jointly design and manufacture anti-vibration systems for railways, buildings and bridges for the China market.

traderman

7,854 posts

Posted by traderman > 2018-08-02 21:10 | Report Abuse

as usual sink on x date. tp 3

aaabbbccc

507 posts

Posted by aaabbbccc > 2018-08-16 20:50 | Report Abuse

lapsap counter

samheong78

472 posts

Posted by samheong78 > 2018-08-17 20:57 | Report Abuse

Fair value 34. I thought should be 60. Haiz.

ray1980

2,992 posts

Posted by ray1980 > 2018-08-18 10:19 | Report Abuse

Second qr not good.All bad issues r coming! Can't maintain high PE against.Be caution...

dalpinia

2,299 posts

Posted by dalpinia > 2018-08-18 11:06 | Report Abuse

Can keep for 2-3 yrs sure can earn slowly to 100% like Harta as its expansion plan is similar to Harta

ks5S

4,601 posts

Posted by ks5S > 2018-08-18 11:12 | Report Abuse

next year will be 5.50
trust me. you won't regret investing in this counter.

aaabbbccc

507 posts

Posted by aaabbbccc > 2018-08-18 18:53 | Report Abuse

thn next year only buy this counter.. buy now earn ntg.. everyday keep dropping.. even if price high also no buyer at high price

Posted by jordanmaggie61 > 2018-08-20 11:31 | Report Abuse

This stock become stronger and stronger, worth to invest

pienghon

212 posts

Posted by pienghon > 2018-08-20 11:51 | Report Abuse

Ya...Stronger and more stronger.Believe urself, buy it and keep it...just do it.

freddiehero

16,715 posts

Posted by freddiehero > 2018-08-21 06:57 | Report Abuse

wow.. perfect

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-08-21 11:21 | Report Abuse

Very confident stock, good to invest it and then can buy more car HAHAH!

wakarimas

1,043 posts

Posted by wakarimas > 2018-08-28 18:19 | Report Abuse

no power, today up a bit , but at the end drop .....

jamestecs

191 posts

Posted by jamestecs > 2018-08-30 15:00 | Report Abuse

This is the sleeping dragon...

wakarimas

1,043 posts

Posted by wakarimas > 2018-08-30 16:35 | Report Abuse

good time to collect while she is sleeping. when she fly high, susah nak cari d.

trap44

152 posts

Posted by trap44 > 2018-09-06 15:19 | Report Abuse

slow and steady

Hoi App

973 posts

Posted by Hoi App > 2018-09-21 19:12 | Report Abuse

Why drop alots?? Kossan not profit ?

trap44

152 posts

Posted by trap44 > 2018-09-24 16:41 | Report Abuse

Why keep on drop???

ks5S

4,601 posts

Posted by ks5S > 2018-09-24 22:26 | Report Abuse

no worry on the drop.
it create opportunity to accumulate for long-term investment. They continue expanding with the giant growth at the bidor 800 acres area.

trap44

152 posts

Posted by trap44 > 2018-09-27 16:19 | Report Abuse

good

newbie4444

1,264 posts

Posted by newbie4444 > 2018-09-28 03:54 | Report Abuse

Why Kenanga TP 3.45? Can drop more?

wakarimas

1,043 posts

Posted by wakarimas > 2018-10-17 18:23 | Report Abuse

finally move a bit but drop back at the end....

Fiona34

7 posts

Posted by Fiona34 > 2018-10-27 19:18 |

Post removed.Why?

paperplane

21,625 posts

Posted by paperplane > 2018-10-28 23:31 | Report Abuse

Gloves sector is relatively strong and stable this round! Except Supermax with legal cases..... Others are relatively OK compared to others sector.

KY Tham

4 posts

Posted by KY Tham > 2018-11-07 23:11 | Report Abuse

Buy, good result coming out soon

wakarimas

1,043 posts

Posted by wakarimas > 2018-11-15 10:06 | Report Abuse

qr coming soon, this week

Dakewlest

1,754 posts

Posted by Dakewlest > 2018-11-16 20:42 | Report Abuse

No dividend?

wakarimas

1,043 posts

Posted by wakarimas > 2018-11-16 22:42 | Report Abuse

good result. should go 4.7 .

wakarimas

1,043 posts

Posted by wakarimas > 2018-11-16 22:42 | Report Abuse

it has been sleeping for long since bonus issue.

Dakewlest

1,754 posts

Posted by Dakewlest > 2018-11-17 21:57 | Report Abuse

Normally announce div...

paperplane

21,625 posts

Posted by paperplane > 2018-11-19 08:53 | Report Abuse

*Kossan Rubber (KRI MK/SELL/TP:RM3.64)*

*3Q18 results takeaways:*
- Having ramped up activities at Plant 16 coupled with strong demand, Kossan’s 3Q18 net profit increased 25% qoq to RM54m (+19% yoy). This brought 9M18 bottom-line to RM142m (+3% yoy), which was within estimates.

- Glove sales up 17% qoq (ASP +2%, Forex +7%, Vol +8%). Utilization rate >80%

*Comments:*
- Management claims forward orders still robust and this is bucking the trend, unlike two of its peers. We suspect Kossan may be taking market share away from competitors.

- That said, we believe it will be a more competitive business environment from now on considering more nitrile glove supply capacity is coming on-stream in the near term.

- No change to forecasts.

- *Recommendation*:
Still a SELL but with a revised target price of RM3.64 (from RM3.28) as we peg the stock to a higher 2019F PE multiple of 20x (from 18x) - a realignment exercise, in tandem with our recent valuation bump-up for Top Glove. The new PE yardstick is in line with Kossan’s 5-year forward mean PE of 20x but below the sector’s 29x.

zKingDB

761 posts

Posted by zKingDB > 2018-11-19 08:59 | Report Abuse

I disagree with @paperplane, No. 16 plant has started running in August, the No. 17 plant is expected to start in November. This positive factor is expected to continue to increase sales will also drive the share price to climb. I collected few at 4.2...... will increase in short/midterm

paperplane

21,625 posts

Posted by paperplane > 2018-11-19 09:03 | Report Abuse

add kossan today. hehe

newbie911

1,111 posts

Posted by newbie911 > 2018-11-19 15:40 | Report Abuse

Good result but drop....
Cut ???

wakarimas

1,043 posts

Posted by wakarimas > 2018-11-19 15:53 | Report Abuse

why not moving.......

trap44

152 posts

Posted by trap44 > 2018-11-19 16:58 | Report Abuse

What's wrong?

rajachulan

1,740 posts

Posted by rajachulan > 2018-11-19 17:07 | Report Abuse

WoW!!! huge volume with close low... becareful guys... big investor leaving the ship...

wakarimas

1,043 posts

Posted by wakarimas > 2018-11-19 18:18 | Report Abuse

what i can say is, buy low and sell high. The price hike to 4.6 and then drop to 4.25 for no reason. What are you waiting for ??? hahah, dont miss the boat.

jolow

652 posts

Posted by jolow > 2018-11-19 19:03 | Report Abuse

faster run.
going down below 4.00 soon

Posted by Market_live > 2018-11-20 21:55 | Report Abuse

Market might be on the bearish side, it is very volatile. Enter at high price is bit risky. For short term it is good.
For proper analysis & live market update whp 601157940369, live market analysis

James Ng

2,692 posts

Posted by James Ng > 2018-11-21 14:15 | Report Abuse

https://klse.i3investor.com/blogs/general/183156.jsp
[转贴] [KOSSAN RUBBER INDUSTRIES BHD:工厂17(P17)每年能生产多达15亿件手套,已于2018年11月全面投入使用,工厂18(25亿件)​​和工厂19(30亿件)的建设工程目前正在进行中] - James的股票投资James Share Investing

Posted by thenextwave > 2018-12-04 21:49 | Report Abuse

Epf non-stop selling.

Eric Teh

315 posts

Posted by Eric Teh > 2018-12-06 11:20 | Report Abuse

More like changing hands. Hopefully it's done. Then it's time to go off.

paperplane

21,625 posts

Posted by paperplane > 2018-12-08 01:25 | Report Abuse

Kossan is for long-term,why worry

paperplane

21,625 posts

Posted by paperplane > 2018-12-26 00:06 | Report Abuse

Pe29

ANALyst

2,808 posts

Posted by ANALyst > 2019-01-08 15:15 |

Post removed.Why?

limkokthye

6,039 posts

Posted by limkokthye > 2019-01-08 15:18 | Report Abuse

c liao glove stock

metroview

250 posts

Posted by metroview > 2019-01-08 15:21 | Report Abuse

what happen to this counter drop so much

ANALyst

2,808 posts

Posted by ANALyst > 2019-01-08 15:34 |

Post removed.Why?

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