KOSSAN RUBBER INDUSTRIES BHD

KLSE (MYR): KOSSAN (7153)

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Last Price

2.12

Today's Change

-0.08 (3.64%)

Day's Change

2.06 - 2.19

Trading Volume

28,257,300


19 people like this.

15,971 comment(s). Last comment by Chipee 9 hours ago

Jopeaz

5 posts

Posted by Jopeaz > 2020-05-13 12:11 | Report Abuse

Just now go buy stuff heard a few uncle and aunties say now glove better than buy 4d then I asked buy what rabberlack, kamfork and see got anything glove means hantam all in it, hahaha hope all earn to the max!!!!!!!!!!!!!!!!!!!!

Frank Tan

533 posts

Posted by Frank Tan > 2020-05-13 12:14 | Report Abuse

uncle/unti got tip said kohsang Rm8 sap sap sui

Kevin Tam

528 posts

Posted by Kevin Tam > 2020-05-13 12:35 | Report Abuse

Unbelievable day, 4 handglove counters plus 2 more small cap handglove counters have gone up more than 24-25% in these 2 days ...

troy88

2,912 posts

Posted by troy88 > 2020-05-13 13:17 | Report Abuse

Had a feeling I'd regret it for selling Kossan a week ago. Damn. Congrats to those who were patient and can now reap the harvest.

Kenzotaj

182 posts

Posted by Kenzotaj > 2020-05-13 14:14 | Report Abuse

Donald Trump phone called our PM TSM ,, talked half an hour,, i wonder what is the details.. Why does Msia suddenly is a concern for person like Trump...
I really wonder what.... what they want from Msia that US doesn't have ...?
after 8mei phone call,, glove price up and up....

Kok Wai

289 posts

Posted by Kok Wai > 2020-05-13 18:19 | Report Abuse

hahaahahahahahah

godhand

1,900 posts

Posted by godhand > 2020-05-13 19:49 | Report Abuse

overvalue sold

Posted by bullstudent > 2020-05-13 19:56 | Report Abuse

Hold till 8 at least

godhand

1,900 posts

Posted by godhand > 2020-05-13 20:28 | Report Abuse

even at max capacity i doubt their growth would exceed 15%. so its fucking overvalue

godhand

1,900 posts

Posted by godhand > 2020-05-13 20:30 | Report Abuse

same goes to topglove current capacity 90% even at maximum its only 100%. build factory takes time. at the very least 1 year to be operational. by the time covid 19 is gone who knows.

Master123

213 posts

Posted by Master123 > 2020-05-13 20:55 | Report Abuse

It could max capacity by operating 24hours in every plant. Lower Material cost lately, demand more than supply, n US currency. Don't just aim nid to build new factory only can increase capacity n earning.

Posted by bullstudent > 2020-05-13 21:38 | Report Abuse

Smart master123, don’t be so shallow and short sighted like godhand

JN88

11,670 posts

Posted by JN88 > 2020-05-13 23:00 | Report Abuse

This Monday got sohai said EPF selling Boss Selling.... Today got another sohai said overvalued.... Why sohai everywhere? If you can't read report come to my class RM 999 , I teach you how to read report.

JN88

11,670 posts

Posted by JN88 > 2020-05-13 23:01 | Report Abuse

After results RM 8

Rf888

551 posts

Posted by Rf888 > 2020-05-14 01:04 | Report Abuse

Remember kossan factory p18 and p19 start running already. P18 can produce 25bil glove and p19 can produce 30 bil glove. The huge quantity of glove increase, so you can imagine how the profit he can earn in covid-19?

Posted by markpaul328 > 2020-05-14 03:58 | Report Abuse

Anyone knows when QR be out?

Lychien20

271 posts

Posted by Lychien20 > 2020-05-14 06:45 | Report Abuse

Rf888 good information and today up up up again. This is Malaysia top 10 richest man come from Top 4 glove counter owner

Posted by Winningpost > 2020-05-14 08:23 | Report Abuse

Kossan PE is still lowest among the Big4 ..the upside potential is therefore highest .
C3 is the lowest premium CW .If mother hits $9 C3 should command 0.90.Stay tuned.

kt_invest

356 posts

Posted by kt_invest > 2020-05-14 09:30 | Report Abuse

If Q1 EPS = 9.54 (2 times the last quarter EPS)
Total EPS will be 22.52

If PE @ 35 = Price will be RM 7.88
If PE @ 40 = Price will be RM 9.00 <--- heading towards this level now
If PE @ 45 = Price will be RM 10.13
If PE @ 50 = Price will be RM 11.26

efugor

20 posts

Posted by efugor > 2020-05-14 09:47 | Report Abuse

they sell face mask also, so good potential

JN88

11,670 posts

Posted by JN88 > 2020-05-14 09:55 | Report Abuse

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON-RELATED PARTY TRANSACTIONS PROPOSED DISPOSAL BY IDEAL QUALITY SDN. BHD. (199601032612(404964-P)) (IQ OR VENDOR), A WHOLLY OWNED SUBSIDIARY OF KOSSAN, OF THE VACANT FREEHOLD INDUSTRIAL LAND OF APPROXIMATELY 390,397 SQUARE METRES (4,202,194.27 SQUARE FEET) TO BEST ETERNITY RECYCLE TECHNOLOGY SDN. BHD. (201801017328 (1279344-A)) (BERT OR PURCHASER) FOR A TOTAL CASH CONSIDERATION OF RM153,380,091.00) (PROPOSED DISPOSAL).

6.2 Net Assets (“NA”), Gearing and Earnings
Upon the completion of the Proposed Disposal, it is expected to result a net gain of approximately RM 39 million. The proforma effects of the Proposed Disposal on the NA per share, gearing and earnings per share of Kossan, based on the latest audited consolidated financial statements as at 31 December 2018 are set out below:-

JN88

11,670 posts

Posted by JN88 > 2020-05-14 10:09 | Report Abuse

Next quarter addition gain RM 39 million + RM 80+ million net profit.......KOSSAN will be RM 8 above

efugor

20 posts

Posted by efugor > 2020-05-14 10:27 | Report Abuse

they selling Bouffant Cap, mob cap, shoes cover. all this very demand now. plus face mack is everyone need

witan

774 posts

Posted by witan > 2020-05-14 11:01 | Report Abuse

I think most glove counters are currently overvalued. Kena goreng by sharks these few days. That is why we can see promoters appearing everywhere in the forum. When price drops back in march, the forum is so quiet. Funny

JN88

11,670 posts

Posted by JN88 > 2020-05-14 11:15 | Report Abuse

Witan:since February I'm here, the price up so much not because overvalued... I got open class RM 999 ...you give me tuition fee I teach you count the intrinsic value of the company

Mabel

23,519 posts

Posted by Mabel > 2020-05-14 13:15 | Report Abuse

Who said Sell in May...

All I see is Meow in May..

So nice...

KLCI King

3,220 posts

Posted by KLCI King > 2020-05-14 13:26 | Report Abuse

Not mean to offence, but I can guess how old you are and degree of your intelligence judging from your statement. good luck for making good money.

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Posted by Mabel > May 14, 2020 1:15 PM | Report Abuse
Who said Sell in May...
All I see is Meow in May..
So nice...

Posted by Winningpost > 2020-05-14 13:31 | Report Abuse

Kossan EPS is 17sen -highest among the big 4 but its share price trails behind Harga n Topglov .
Looks like it has plenty of room catching up .Just wait n see .

Mabel

23,519 posts

Posted by Mabel > 2020-05-14 17:24 | Report Abuse

@Not mean to offence, but I can guess how old you are and degree of your intelligence judging from your statement. good luck for making good money.

Good luck to you too.. So much for your so call intelligence..

What i meant was Sell in May is not applicable to Gloves counters.

It's been good to me..

Meow

JN88

11,670 posts

Posted by JN88 > 2020-05-14 20:11 | Report Abuse

Upon the completion of the Proposed Disposal, it is expected to result a net gain of approximately RM 39 million. The proforma effects of the Proposed Disposal on the NA per share, gearing and earnings per share of Kossan, based on the latest audited consolidated financial statements as at 31 December 2018 are set out below:-

EPS will increase 2X-3X next quarter......PE will go back to 20

mf

28,187 posts

Posted by mf > 2020-05-14 20:15 | Report Abuse

Covid-19: Almost 85% of tahfiz students who tested positive showed no symptoms
NATION
Thursday, 14 May 20207:09 PM MYT
By MARTIN CARVALHO


PUTRAJAYA: A total of 539 tahfiz students - or 84.9% out of 635 students - who tested positive for Covid-19 showed no signs of infection, says Health Ministry director-general Datuk Dr Noor Hisham Abdullah.

"Almost 85% of the students were asymptomatic with only 15.1% showing signs of infection.

Mabel

23,519 posts

Posted by Mabel > 2020-05-14 23:52 | Report Abuse

"Comparison.. valuation & profitability (TTM)
PE / ROE% / Profit Margin%:

Harta: 59.8x / 16.6% / 16.1%
Top Glove: 47.5x / 9.6% / 7.7%
Ruberex: 37.8x / 5.5% / 5.1%
Supermax: 37.2x / 8.9% / 8.3%
Kossan: 32x / 15.8% / 10.1%
Comfort: 28.7x / 10.7% / 6.5%
UG Healthcare: 23.5x / 3.9% / 2.4%

Invest_168

549 posts

Posted by Invest_168 > 2020-05-15 00:12 | Report Abuse

It will move up to RM100 very soon as the glove demands are very very very strong from worldwide due to corona virus....Buy buy buy...Don't miss it...Chase it even when it reach RM8...As you still can hope it can fly up to RM10..then RM15...and RM100 the max it can go. Chase high sell low is the strategy! Sure get rich in very short period of time! Don't miss this!

Sami_Value

430 posts

Posted by Sami_Value > 2020-05-15 02:17 | Report Abuse

Boss-san, rise like a boss

mf

28,187 posts

Posted by mf > 2020-05-15 06:21 |

Post removed.Why?

Posted by JoinTheBoat > 2020-05-15 07:04 | Report Abuse

Kossan cheapest pe
Catching up fast on superboat RM12

Sami_Value

430 posts

Posted by Sami_Value > 2020-05-15 08:14 | Report Abuse

Harta 4Q on 18/5/20
Supermax 3Q on 20/5/20
Boss-san 1Q on 21/5/20
TopGlove 3Q on 18/6/20

paperplane

21,625 posts

Posted by paperplane > 2020-05-15 08:21 | Report Abuse

kossan boss looks so happy. making a lot money yeah

mf

28,187 posts

Posted by mf > 2020-05-15 08:22 | Report Abuse

Asia markets higher as investors await China’s industrial production data

JN88

11,670 posts

Posted by JN88 > 2020-05-15 08:32 | Report Abuse

RM8 today

mf

28,187 posts

Posted by mf > 2020-05-15 08:38 |

Post removed.Why?

Posted by markpaul328 > 2020-05-15 11:38 | Report Abuse

He was smiling the whole interview!

Mabel

23,519 posts

Posted by Mabel > 2020-05-15 14:38 | Report Abuse

@markpaul328 He was smiling the whole interview!
15/05/2020 11:38 AM

Not only him....

I have been smiling over the last few week :):):)

Meow Meow Meow...

avatar KL

182 posts

Posted by avatar KL > 2020-05-15 14:43 | Report Abuse

I think its time to consolidation. Been going up for so many days. Harta result very crucial to determine the direction of others now.Stay sideline first

Sami_Value

430 posts

Posted by Sami_Value > 2020-05-15 14:44 | Report Abuse

today Gostan laio....who ask you all keep on posting CEO interview

5 ppl posting same link, macam desperate ni

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