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 7 hours ago

wantocin

175 posts

Posted by wantocin > 2020-05-21 21:29 | Report Abuse

yes q at rm5.
mmm ...zzzz .....
death already,

wantocin

175 posts

Posted by wantocin > 2020-05-21 21:30 | Report Abuse

but i think tmr may be > rm9.

wantocin

175 posts

Posted by wantocin > 2020-05-21 21:32 | Report Abuse

cheer meow,,meow.. for they still hold

kfliau

1,977 posts

Posted by kfliau > 2020-05-21 21:35 | Report Abuse

Can anyone still remember what was Harta's price performance after rekeasing qtr result?

Kim

4,157 posts

Posted by Kim > 2020-05-21 21:40 | Report Abuse

Hehe.. up tmw =) Big-4 gloves no more cheap sales after May as i told before.

RM9 nextweek After Raya RM10.

Cheers!

Goofy

177 posts

Posted by Goofy > 2020-05-21 21:45 | Report Abuse

After Harta published the quarter report, i asked to sell.
Some listened to me and sell. The sell queues were ferocious. Ppl fighting to exit early...some sold at 8.95 and some sold at 8.52.

Those listenned to me to sell from 9 to 9.30am were lucky.

Goofy

177 posts

Posted by Goofy > 2020-05-21 21:47 | Report Abuse

So, tomorrow Kossan will be the same. Please sell as early as you can.
Those want to buy, queue 10% price lower.

I listed down the many reasons. Supermax better, kossan high PE, vaccine is there & etc etc...

Rf888

551 posts

Posted by Rf888 > 2020-05-21 21:48 | Report Abuse

If top glove share price go higher, harta will follow go higher. If supermax go higher also, than kossan will go more high. 10 is possible, so you also need hope other glove counter delivery good results. Hope tmr can drop to RM7, than i will all in top up, because my price is two years before price. Until now, i no sold any kossan share.

mf

28,187 posts

Posted by mf > 2020-05-21 21:48 |

Post removed.Why?

up88up

598 posts

Posted by up88up > 2020-05-21 21:53 | Report Abuse

I think ppl learn from Harta, it dropped and rebound back fast, so why want to sell if can hold until next quarter result?

Posted by noobietrader69 > 2020-05-21 21:55 | Report Abuse

SELL SELL SELL SELL SELL SELL TMR REDDDDDDDDDDDD

stock_hunt

250 posts

Posted by stock_hunt > 2020-05-21 21:59 | Report Abuse

marginally up nia..all still think got the jackpot..tomorrow u don sell 1st many contra kaki today will dump ..keke

noinoi

118 posts

Posted by noinoi > 2020-05-21 22:00 | Report Abuse

Agreed. Sell all glove.. Sell Kossan, Top Glove and Supermax so that I can buy those lower!!!! Buy Harta so newbie can sell his Harta.. hahaha

noinoi

118 posts

Posted by noinoi > 2020-05-21 22:04 | Report Abuse

Ok. I call it a day. Think everyone should be worried more on other negative earnings growth company like BAT, PetronM and GenM. Nite mate.

Posted by kelvin_ik4u > 2020-05-21 22:35 | Report Abuse

With China 2nd wave lock down affect 100mil in Hubei province, that a sign Covid19 still has risk of more 2nd wave across all the world. Demand for health PPE support equipment like gloves will rise even higher. Across all countries will stockpile and buy even more gloves incase 2nd, 3rd or even 4th wave in coming year ahead until effective vaccine is available in mass volume supply ready for global citizen usage. Expert stated this vaccine take at least 12 to 18mths before for mass volume usage. Some more ASP glove price increase adjust higher month to month, sales glove order need to wait till April 2021. That's a year to wait..

qqq33333333

3,053 posts

Posted by qqq33333333 > 2020-05-21 23:19 | Report Abuse

Kossan released results....very flat......and no hidde items unlike Harta which is depressed for forex. Tomorrow Gloves how? another realisation / wake up from fantasy land.

Wt6669

298 posts

Posted by Wt6669 > 2020-05-21 23:40 | Report Abuse

Ya plus divenden gain

Wt6669

298 posts

Posted by Wt6669 > 2020-05-21 23:41 | Report Abuse

Forgive the ppl that envy in kossan, cos their not in same like last time hengyuan petronm flying

Wt6669

298 posts

Posted by Wt6669 > 2020-05-21 23:42 | Report Abuse

Still sell call ? higher tp in all glove sector next qtr

Wt6669

298 posts

Posted by Wt6669 > 2020-05-21 23:51 | Report Abuse

Glove keeps increasing supply big room for growth

blood7

254 posts

Posted by blood7 > 2020-05-22 00:21 | Report Abuse

profit good or bad, at least it's a profit...and it's all time high..... besides, what other counters you want to buy? i see none till end of the year, or next year ..... or you maybe try your luck in GDEX or POS....

https://www.cnbc.com/2020/05/21/investors-shouldnt-follow-coronavirus-vaccine-playbook-strategist.html

lhh99s

97 posts

Posted by lhh99s > 2020-05-22 00:50 | Report Abuse

Those who want us to sell we must unite and dont let them deal with it all hold tight prevent they coming in

lhh99s

97 posts

Posted by lhh99s > 2020-05-22 00:53 | Report Abuse

Dun be fool la the best strategy is not in out in out just relax may the force be with you. If drop always will comeback so why sell planning to avrg down

mf

28,187 posts

Posted by mf > 2020-05-22 00:54 | Report Abuse

SINGAPORE: Four of the Singaporean COVID-19 patients announced by the Ministry of Health (MOH) on Thursday (May 21) are residents of Orange Valley Nursing Home in Simei.

The residents are aged between 72 and 97. They were discovered and confirmed as positive cases on Wednesday as a result of the ministry's ongoing surveillance testing of all nursing home residents.

Jack Khan

1,270 posts

Posted by Jack Khan > 2020-05-22 06:31 | Report Abuse

CIMB just revised SUCB TP to RM 7.00, while KOSSAN downgrade to hold with TP RM 8.50.
New TP RM 7.00: https://rfs.cgs-cimb.com/api/download?file=93C476CB-2505-4AE8-8C1F-1F2...

Posted by DatukSeriLee > 2020-05-22 06:59 | Report Abuse

those negative comment ppl is trying to get in cheaper price because they missed the boat. many sour grape ppl here. haha. lets see guys today kossan 9.30 is real

Jack Khan

1,270 posts

Posted by Jack Khan > 2020-05-22 07:10 | Report Abuse

Make your decision fast and you win !

tiger69

378 posts

Posted by tiger69 > 2020-05-22 07:12 | Report Abuse

good morning guys ...I think Kossan will still go up today ..see even Harta with not so good QR can go up, what more Kossan ...afterall the next 2 or 3 quarters would be even more profitable ..cheers

Posted by DatukSeriLee > 2020-05-22 07:18 | Report Abuse

they get used to supermx report. the double up report. thats why 10% makes them feel shit haha

tiger69

378 posts

Posted by tiger69 > 2020-05-22 07:30 | Report Abuse

and impossible even for Supermax to do double for every QR ..

JBond007

1,257 posts

Posted by JBond007 > 2020-05-22 07:32 | Report Abuse

Wake up from Kossan Fantasy Island, swap & switch to Supermax.

Surewind

292 posts

Posted by Surewind > 2020-05-22 07:44 | Report Abuse

Kossan will be green today.

mf

28,187 posts

Posted by mf > 2020-05-22 07:48 | Report Abuse

KOSSAN RUBBER INDUSTRIES BHD declared Second Interim Dividend - RM 0.0300, the Ex Date on 05-Jun-2020.

Posted by kelvin_ik4u > 2020-05-22 07:55 | Report Abuse

It confirm, 2nd wave lockdown in China, affect 100mil people. This open, lock down back and forth will occur from time to time till effective vaccine is develop for mass volume usage availability which take the fastest at least 12 to 18mths ready. That's still a long way to go.

https://www.google.com/amp/s/nationalpost.com/news/world/over-100-million-people-in-chinas-northeast-region-are-back-under-lockdown/amp


Fyi, Kossan this Qtr Q120 still have raise the ASP price yet, in month of May Topglove mgmt told ASP price raise to 5% to 10% and then Supermax mgmt stated up 10% to 15% starting June mth..so it very obvious all gloves ASP price will shoot much higher in Q220 and get even much higher in Q320 moving forward.
Bigger opportunities for those glove counters which notmup yet and still undervalued for now.

Jack Khan

1,270 posts

Posted by Jack Khan > 2020-05-22 08:09 | Report Abuse

Make up your mind now! or regret later!

Jack Khan

1,270 posts

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

Write down your plan on kossan before market start! And execute it and stop reading comment after this!

tiger69

378 posts

Posted by tiger69 > 2020-05-22 08:17 | Report Abuse

after seeing what happen to Harta when it released QR (first down due to over reaction but then up to more than before QR), I think people will not want to sell Kossan at this point

Wt6669

298 posts

Posted by Wt6669 > 2020-05-22 08:17 | Report Abuse

Forgive all the naysayers, pity a bit on them, we know why

Jack Khan

1,270 posts

Posted by Jack Khan > 2020-05-22 08:21 | Report Abuse

It is important to makeup your mind before market start others is just noise! nothing is more important than how you feel! Even it is wrong decision you will not regret it!

Jack Khan

1,270 posts

Posted by Jack Khan > 2020-05-22 08:25 | Report Abuse

Geco Sell all gloves!!! Crazy valuation especially Supermax!!!! Sell Supermax!!! Don’t get con again!!! Crazy valuation!!!

This is kossan forum please!

Jack Khan

1,270 posts

Posted by Jack Khan > 2020-05-22 08:26 | Report Abuse

I just want normaly retailer to make better decision because the shark already make up their mind!

Posted by miracledan > 2020-05-22 08:32 | Report Abuse

Watch Kossan fly up today

paperplane

21,625 posts

Posted by paperplane > 2020-05-22 08:34 | Report Abuse

RM9 today?

Wt6669

298 posts

Posted by Wt6669 > 2020-05-22 08:35 | Report Abuse

History always repeats the same, I'm sitting on all glove counters and wait the show like last time hengyuan petronm surged.

Goofy

177 posts

Posted by Goofy > 2020-05-22 08:44 | Report Abuse

Eh...why supermax here....why hengyuan here?
Got type correct website or not?

Guys...quickly queue to sell at the highest you can get this morning.
Many ppl queue buy 7.70. Fast fast sell so that you can get good value.
If late, you will sell at 7.70 or even lower when others are competing with you.

Goofy

177 posts

Posted by Goofy > 2020-05-22 08:46 | Report Abuse

Yes...going to open ReD!!!
Ppl with distress sale.
Queue at 8, 7.5 and even 7.

Wt6669

298 posts

Posted by Wt6669 > 2020-05-22 08:47 | Report Abuse

Forgive him, he is a pity not in trend

up88up

598 posts

Posted by up88up > 2020-05-22 08:48 | Report Abuse

Open green

Goofy

177 posts

Posted by Goofy > 2020-05-22 08:53 | Report Abuse

Dont mislead the newbies.
Those sell early and fast will get best value.

If those newbie listen to you and slow, they may have to sell 7.70 or 7.50 or even at 7. Many on contra trades. Dont bring them to holland.

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