KOSSAN RUBBER INDUSTRIES BHD

KLSE (MYR): KOSSAN (7153)

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Last Price

2.11

Today's Change

-0.01 (0.47%)

Day's Change

2.10 - 2.14

Trading Volume

1,640,800


19 people like this.

15,971 comment(s). Last comment by Chipee 13 hours ago

wakarimas

1,043 posts

Posted by wakarimas > 2019-05-24 18:06 | Report Abuse

perfect result!!! hurray

bose00

1,050 posts

Posted by bose00 > 2019-05-24 18:07 | Report Abuse

QoQ is good !

bose00

1,050 posts

Posted by bose00 > 2019-05-24 18:12 | Report Abuse

Next qtr should be even better.. (I hope) cont to invest in glove

chun2

10 posts

Posted by chun2 > 2019-05-24 19:11 | Report Abuse

it can only get better from here

Shawn Ng

89 posts

Posted by Shawn Ng > 2019-05-24 21:43 | Report Abuse

Haha...monday buy more

Posted by dpicturetext > 2019-05-25 22:40 | Report Abuse

KOSSAN 7153 Review 24 MAY 2019
回顾高产尼品2019年5月24日
https://dpicturetext.blogspot.com/2019/05/kossan-7153-review-24-may-2019.html

lizi

1,968 posts

Posted by lizi > 2019-05-26 09:48 | Report Abuse

kossan? Q4 result also good in feb, people chase above rm4.00 last time, all still stuck inside......now Q1 result also good.....how? chase like in feb? lol.....just my observation...

750023336

34 posts

Posted by 750023336 > 2019-05-27 14:45 | Report Abuse

https://www.facebook.com/fatainvesting/videos/2228159037498242

Kossan AGM 2019 full session recordings

Username

32 posts

Posted by Username > 2019-05-28 09:59 | Report Abuse

Upp upp upppppp!!!

bose00

1,050 posts

Posted by bose00 > 2019-05-28 10:21 | Report Abuse

Rebound and new high

Man Nur

3 posts

Posted by Man Nur > 2019-05-28 14:27 | Report Abuse

boleh lagikah kah kah kah

Vkpgkl

11 posts

Posted by Vkpgkl > 2019-05-28 14:29 | Report Abuse

Boleh

Chelsea

223 posts

Posted by Chelsea > 2019-05-28 16:13 | Report Abuse

Why Kossan is the long term investment with huge upside?
1)The most undervalue glove stock with low PE 23.3 compare with Harta PE 37 Top Glove PE 29
2)Third largest (26.5B) in the world behind top glove 58B and Harta 30B
By 2019, it will increase the output from 26.5bil to 32bil (Plant 18 and Plant 19) with 20% growth and possible surpass Harta.
3)The only glove stock that record double digit growth in recently quarter result
4)Most IB upgraded the target price after Kossan perform superb result in latest Q1
Maybank : Target Price RM4.70 (Upside 23%)
Hong Leong : Target Price RM4.35 (Upside 13.9%)
Cimb : Target Price RM4.52 (Upside 17.5%)
Affin : Target Price RM6.00 (Upside 57%)
Public Bank: Target Price RM4.30 (Upside 12.6%)
MIDF : Target Price RM4.53 (Upside 16.6%)
Kenanga : Target Price RM5.25 (Upside 35.3%)
Personal TP: Target Price RM4.60 based on pe 20 and RM5.75 based on pe 25
5)After 2020, there are further expansion 48bil from 2020 to 2028 in Bidor

Why I so bullish on the glove stock is trade war will shift the supply from China to Malaysia. Gloves in China are more expensive by 25% and there are no price advantage between PVC and nitrile.
Global Demand is 300bil and Malaysia dominate the global demand by 63% and China (10%). The shift of 10% (30bil) demand from China to Malaysia will spur the growth and expansion in Malaysia. Biggest winner is major player nitrile glove which is Harta (90% nitrile) and Kossan (75% nitrile)

bose00

1,050 posts

Posted by bose00 > 2019-05-29 11:48 | Report Abuse

Awaiting for dividend 3/jun

lai81533

987 posts

Posted by lai81533 > 2019-06-08 09:00 | Report Abuse

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lai81533

987 posts

Posted by lai81533 > 2019-06-08 09:00 | Report Abuse

Kossan Strong

bose00

1,050 posts

Posted by bose00 > 2019-06-11 15:04 | Report Abuse

Just keep accumulating and invest in a good company

chl1989

2,552 posts

Posted by chl1989 > 2019-06-14 07:29 | Report Abuse

all in

wakarimas

1,043 posts

Posted by wakarimas > 2019-06-18 17:48 | Report Abuse

topglove kantoi. Kossan how

Jackiee

29 posts

Posted by Jackiee > 2019-06-18 18:23 | Report Abuse

DOUBLE DIGIT GROWTH THIS YEAR!!!

Beast

307 posts

Posted by Beast > 2019-06-19 17:27 | Report Abuse

no one care this growth stock, all go to harta and topglove

bose00

1,050 posts

Posted by bose00 > 2019-06-21 16:38 | Report Abuse

shhh just quietly buy

Beast

307 posts

Posted by Beast > 2019-06-21 19:29 | Report Abuse

EPF keep selling, push down price pls

chl1989

2,552 posts

Posted by chl1989 > 2019-06-24 09:57 | Report Abuse

sma 200 is a strong support. i hope i can get lower

wakarimas

1,043 posts

Posted by wakarimas > 2019-06-26 17:47 | Report Abuse

sma 200 now is rm3.98 ?? Kossan seems no power d....

chl1989

2,552 posts

Posted by chl1989 > 2019-06-26 18:23 | Report Abuse

3.90+

chl1989

2,552 posts

Posted by chl1989 > 2019-06-26 18:24 | Report Abuse

quarter results will push it to rm5. wait for august

Beast

307 posts

Posted by Beast > 2019-06-27 15:10 | Report Abuse

better drop to below 3.9. want to accumulate more

Posted by PresidentRotiCanai > 2019-07-03 11:30 | Report Abuse

Good chart nw

wakarimas

1,043 posts

Posted by wakarimas > 2019-07-08 17:54 | Report Abuse

many sifu said kossan is the most powerful growth rubber stock, but the price still stagnant tak jalan......

Beast

307 posts

Posted by Beast > 2019-07-09 12:48 | Report Abuse

many seller of course tak jalan, just wait for august

MingGoon

1,774 posts

Posted by MingGoon > 2019-07-10 19:44 | Report Abuse

Ty Yap also said he prefer Kossan

Beast

307 posts

Posted by Beast > 2019-07-10 20:29 | Report Abuse

Of course kossan growth is highest among others. 4 years nvr break new high. This time sure break

wakarimas

1,043 posts

Posted by wakarimas > 2019-07-12 17:58 | Report Abuse

kossan is accumulating power. wait to fly.

wakarimas

1,043 posts

Posted by wakarimas > 2019-07-18 16:04 | Report Abuse

today finally move a bit

Posted by Wawai Samah > 2019-07-19 20:14 | Report Abuse

Sweet...worth holding..new trend just started

KooSan

432 posts

Posted by KooSan > 2019-07-20 00:02 | Report Abuse

I see a cup....with a handle......

Thkent91

195 posts

Posted by Thkent91 > 2019-07-27 12:50 | Report Abuse

Handle too long. More like a frying pan to me

MingGoon

1,774 posts

Posted by MingGoon > 2019-07-31 11:38 | Report Abuse

Kossan due to market pressure, will drop soon. Harta also expected a subdued earning in 2H of 2019, what more smaller market player like Kossan,

Beast

307 posts

Posted by Beast > 2019-07-31 17:47 | Report Abuse

haha mingoon, this year is kossan show.

wakarimas

1,043 posts

Posted by wakarimas > 2019-07-31 17:57 | Report Abuse

ya, Kossan is the main role this year.

Chelsea

223 posts

Posted by Chelsea > 2019-07-31 18:01 | Report Abuse

Mingkoon, u really dunno Kossan is third largest in the world. hmmm

Chelsea

223 posts

Posted by Chelsea > 2019-07-31 18:02 | Report Abuse

This coming Q2 I forecast double digit growth 30%

Why Kossan is the long term investment with huge upside?
1)The most undervalue glove stock with low PE 23.3 compare with Harta PE 37 Top Glove PE 29
2)Third largest (26.5B) in the world behind top glove 58B and Harta 30B
By 2019, it will increase the output from 26.5bil to 32bil (Plant 18 and Plant 19) with 20% growth and possible surpass Harta.
3)The only glove stock that record double digit growth in recently quarter result
4)Most IB upgraded the target price after Kossan perform superb result in latest Q1
Maybank : Target Price RM4.70 (Upside 23%)
Hong Leong : Target Price RM4.35 (Upside 13.9%)
Cimb : Target Price RM4.52 (Upside 17.5%)
Affin : Target Price RM6.00 (Upside 57%)
Public Bank: Target Price RM4.30 (Upside 12.6%)
MIDF : Target Price RM4.53 (Upside 16.6%)
Kenanga : Target Price RM5.25 (Upside 35.3%)
Personal TP: Target Price RM4.60 based on pe 20 and RM5.75 based on pe 25
5)After 2020, there are further expansion 48bil from 2020 to 2028 in Bidor

Why I so bullish on the glove stock is trade war will shift the supply from China to Malaysia. Gloves in China are more expensive by 25% and there are no price advantage between PVC and nitrile.
Global Demand is 300bil and Malaysia dominate the global demand by 63% and China (10%). The shift of 10% (30bil) demand from China to Malaysia will spur the growth and expansion in Malaysia. Biggest winner is major player nitrile glove which is Harta (90% nitrile) and Kossan (75% nitrile)

Beast

307 posts

Posted by Beast > 2019-07-31 18:03 | Report Abuse

He just simply comment without doing research.

wakarimas

1,043 posts

Posted by wakarimas > 2019-07-31 19:53 | Report Abuse

the PE now is around 25

chl1989

2,552 posts

Posted by chl1989 > 2019-08-05 09:34 | Report Abuse

it will reach new high after qr release :)

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