Posted by Rf888 > 2020-05-09 18:34 | Report Abuse

And now you see the environment of covid 19 amount of ppl how much? Will glove counter will earn big money? Kossan is big 3 glove counter but what reason cheaper than rubberex?

Posted by JN88 > 2020-05-09 21:42 | Report Abuse

Next week Kossan 6.5 ...trust me

Posted by Goldgent > 2020-05-09 21:55 | Report Abuse

Just for your reading, this one from......Nanyang.

疫情激励手套股 林宽城身家飙至35亿
https://www.enanyang.my/news/20200509/%e7%96%ab%e6%83%85%e6%bf%80%e5%8a%b1%e6%89%8b%e5%a5%97%e8%82%a1-br%e6%9e%97%e5%ae%bd%e5%9f%8e%e8%ba%ab%e5%ae%b6%e9%a3%99%e8%87%b335%e4%ba%bf/

Posted by Jackgor888 > 2020-05-09 21:57 | Report Abuse

Top Glove's prospect is somehow way much better than Kossan

Posted by Rf888 > 2020-05-10 00:25 | Report Abuse

Next week kossan big opportunity more than RM 6. Now covid-19 like no expired date and many business facing bankruptcy if virus cant settle. You can dont think company and think back yourself, if you is a director of company, now the economy so bad and so many commitment need to pay, you will feel difficult? So coming fews month what industry company will died? What industry company future is good? Now only can invest glove counter, because only glove counter future is bright, will continue help you earn money. August quarter results you will see many company result will died, comfirm.

Posted by Rf888 > 2020-05-10 00:30 | Report Abuse

If you think glove counter august result will good than you scare what? Buy and hold it until year end is very difficult? Buy house can wait until 10 years, buy kossan can hold few month? Rubberex pe 38, kossan pe 33, you scare what?

Posted by peter555 > 2020-05-11 09:53 | Report Abuse

Rf888 you are right . Right now Kossan looks to have the lowest PE ratio compared to other glove makers

Posted by gemfinder > 2020-05-11 10:43 | Report Abuse

Ibs gave kossan tp slightly above rm6 only wor... not much upside?

Posted by Ahmadahmad88 > 2020-05-11 13:00 | Report Abuse

u pergi push up harga.

Posted by alexlee06037 > 2020-05-11 18:01 | Report Abuse

This week sure can break 6.0,we shall see..

Posted by Goldgent > 2020-05-11 18:05 | Report Abuse

The Edge & four Chinese newspapers (Sinchew, Nanyang, China Press, Oriental) highlighted Kossan, if cannot up, then need to switch to other glove counter already......Bagi Kossan last chance.

Posted by gemfinder > 2020-05-11 18:22 | Report Abuse

Epf is selling leh...

Posted by Rf888 > 2020-05-11 20:14 | Report Abuse

For now result havent announced, kossan is more cheaper company, so now buy kossan is more safe since other glove company already temporarily expensive. August result announced kossan at least stand above RM7 to RM8.

Posted by Rf888 > 2020-05-11 20:16 | Report Abuse

Rubberex pe 38, comfort pe 30. All small company pe already very super high and same level with big 4 company. You think kossan pe will cheaper than them? Is it kossan so cheap and useless company?

Posted by blood7 > 2020-05-11 22:16 | Report Abuse

Riverstone (SGX-listed Malaysia's No.5 gloves producer) quarterly result is out.

PBT and Net Profit up more than 50%. Looking at the result, I think the ASP are up by a lot and also the raw material cost decreased significantly. All the gloves producers in Malaysia should do very well in their coming quarter, especially those with spare capacity to ramp up their production.

Financial Highlights
RM million 1Q2020 1Q2019 Change (%)
Revenue 279.4 240.5 16.2
Gross Profit 67.1 46.6 44.0
Profit Before Tax 58.0 35.6 62.9
Net Profit to Equity Holders 46.6 30.2 54.3

http://riverstone.listedcompany.com/news.html/id/776476

Posted by Winningpost > 2020-05-11 22:41 | Report Abuse

This week is Kossan week.
Get ready your pop corn and beers ..

Posted by Winningpost > 2020-05-11 22:42 | Report Abuse

Last week was Supermax...on target.

Posted by Rf888 > 2020-05-11 23:18 | Report Abuse

Yes, you can see now the environment how many ppl infected covid 19? Now glove price up 3 to 6%, like you can see mask price increase, because demand is more than supply. Now kossan pe only 33, so safe or dangerous?

Posted by Rf888 > 2020-05-12 00:00 | Report Abuse

Profit margin compare:
1) Harta : 15.2
2) Kossan : 10.5
3) Top glove: 9.4
4) Supermax: 7.8
But kossan pe only 33.

Posted by JN88 > 2020-05-12 00:58 | Report Abuse

Today 9am...RM 6.00

Posted by JN88 > 2020-05-12 09:25 | Report Abuse

which sohai say epf selling?

Posted by stockpip > 2020-05-12 09:44 | Report Abuse

Guys, if you are one of those making some profits from glove counters, spare a thought for those who are suffering now because of these headwinds. Usually when glove counters move in such a big way, something bad is happening. Just saying. God bless.

Posted by Frank Tan > 2020-05-12 09:46 | Report Abuse

Kenanga new TP 7.20

Posted by Ntpboon > 2020-05-12 09:57 | Report Abuse

..........................
...........................

两岸猿声啼不住，
轻舟已过万重山。

............................

Posted by Sami_Value > 2020-05-12 10:15 | Report Abuse

Kuasa...annnnnn.

Posted by JN88 > 2020-05-12 11:50 | Report Abuse

P/E 35 at least 40

Posted by bullstudent > 2020-05-12 15:12 | Report Abuse

7.5 will come just be patience

Posted by scott88 > 2020-05-12 15:54 | Report Abuse

Go to bp healthcare look the covid 19 test schedule full under perkeso and test kits is out of stock...HLT share supply test kits will fly up

Posted by Rf888 > 2020-05-12 16:42 | Report Abuse

Rubberex pe: 49.54, kossan pe 35.84, i really dont know why?

Posted by Kok Wai > 2020-05-12 16:43 | Report Abuse

crazy , sad kossan

Posted by Rf888 > 2020-05-12 16:44 | Report Abuse

Comfort pe 39.88, rubberex pe 49.54, kossan pe 35.84? Now market really no see the faudamental already.

Posted by Rf888 > 2020-05-12 16:45 | Report Abuse

Carepls 0.13 to 0.885, today increase 50%, but kossan? Malaysia number 3 glove counter, really no eye to see.

Posted by Sami_Value > 2020-05-12 16:45 | Report Abuse

they feel price per unit as cheap or expensive now....

Posted by avatar KL > 2020-05-12 16:52 | Report Abuse

Yes why kossan is left behind . i am wondering also

Posted by gemfinder > 2020-05-12 17:13 | Report Abuse

Oredi euphoria glove

Posted by Rf888 > 2020-05-12 17:49 | Report Abuse

Yu and mee: plaese faster sell it.

Posted by Lion123 > 2020-05-12 18:12 | Report Abuse

Intraday up 7.7% not enough? All time high btw.

Posted by bullstudent > 2020-05-12 18:52 | Report Abuse

Slow and steady 7.5 we come

Posted by scott88 > 2020-05-12 19:33 | Report Abuse

HLT Global to diversify into rubber gloves manufacturing business
11 JAN 2018 / 21:02 H.


PETALING JAYA: Glove-dipping line manufacturer HLT Global Bhd has proposed to acquire HL Rubber Industries Sdn Bhd (HLRI) for RM33 million, in a move which will see it diversify into the rubber gloves manufacturing business.
HLRI is primarily engaged in the manufacturing and trading of rubber gloves, including both natural and synthetic rubber gloves for customers in the medical, food and beverage as well as consumer industries amongst others.
In a statement yesterday, HLT said it has entered into a heads of agreement with Suntel International Co Ltd, Kan Mei Yoong and Lee Sow Yin for the proposed acquisition of 5.77 million ordinary shares, representing 55% of the issued share capital of HLRI.
The group said the purchase consideration will be satisfied via the issuance of 113.8 million new ordinary shares in HLT at an issue price of 29 sen per consideration share.
“As a company, it is only natural that we aim to establish a stronger foothold in the industry and we view this exercise as synergistic and complementary to our existing fabrication business of glove-dipping lines,” HLT’s executive director and CEO Chan Yoke Chun said.
“Exports from Malaysia accounts for a lion’s share of the global market consumption hence, we aim to leverage on this opportunity and penetrate into new markets both regionally and internationally,” he added.



Moving forward, HLT said it continues to seek opportunities in the domestic and international markets by focusing on delivering the highest quality in product and customer service

Posted by khooowen > 2020-05-12 22:19 |

Post removed.Why?

Posted by ijanto > 2020-05-12 23:07 | Report Abuse

riverstone.. maybe similar profit for all gloves manufacturer http://riverstone.listedcompany.com/newsroom/20200511_194140_AP4_6PDW9CQ2ZY35G0TR.1.pdf

Posted by Goldgent > 2020-05-12 23:15 | Report Abuse

The Star: Weighing the potential impact of higher ASPs on Kossan Rubber
https://www.thestar.com.my/business/business-news/2020/05/12/weighing-the-potential-impact-of-higher-asps-on-kossan-rubber

Posted by Rf888 > 2020-05-13 01:38 | Report Abuse

See back riverstone quarter result, 1)Selling Price increase 2) Material cost drop 2) Order full until years end, demand more than supply 3) US current increase 4) Production increase 10%. Many Malaysia glove company order already full until next year January and February, nitrile glove cost drop 8 to 10% compare to end of the month 2019, and kossan more than 70% is produce nitrile glove. P18 factory can produce 25 billion glove and P19 can produce 30 billion of glove. If you is the director, you will open extra 2 to 3 shift 24 hours produce glove to meet the demand? And kossan profit margin is second higher 10.5. First higher second margin is harta 15.2. P18 and P19 already fully used by this years. So logic thinking KOSSAN result should got big improve this years.

Posted by Rf888 > 2020-05-13 01:39 | Report Abuse

All the 天时，地利，人和come together, better hold it and win big.

Posted by mf > 2020-05-13 07:48 | Report Abuse

EU will push to unlock borders as coronavirus ravages travel and tourism

Posted by bullstudent > 2020-05-13 09:57 | Report Abuse

Coming liao

Posted by Kok Wai > 2020-05-13 10:14 | Report Abuse

finally kossan wake up

Posted by up88up > 2020-05-13 10:18 | Report Abuse

Oh wow!!!! Amazing

Posted by Rf888 > 2020-05-13 10:45 | Report Abuse

Kossan PE 40.68, Rubberex PE 53.54, Comfort PE 45.68, Carepls share price form 0.13 to 1.18, already few 100%. Kossan still cheaper compare small glove counter. Hope Kossan can came back at least stand at RM8. Really dont know why kossan will cheaper than those small glove company.

Posted by Rf888 > 2020-05-13 10:47 | Report Abuse

Remember before heng yuan? That time from RM2 up to RM18? This time maybe glove counter will like heng yuan? Have think about it? Now glove demand is bigger than supply.