Posted by investmalysia > 2020-06-04 17:21 | Report Abuse

Better prepare your glove counters

Posted by ahmadyasni > 2020-06-04 17:31 | Report Abuse

@investmalaysia...true..only cash buyer can tahan..hahaha

Posted by noobietrader69 > 2020-06-04 17:51 | Report Abuse

Supermax > Kossan, by next week

Posted by rahman89 > 2020-06-04 19:10 | Report Abuse

Guys I bought Kossan today around evening.. am I entitled to get dividend?

Posted by mf > 2020-06-04 19:13 | Report Abuse

https://www.bharian.com.my/bisnes/pasaran/2020/06/696377/bursa-malaysia-tertinggi-dalam-tempoh-lima-bulan

Posted by blood7 > 2020-06-05 00:06 | Report Abuse

hmm maybe Tan Sri Dato Lim has to answer what happened to Kossan.... but more important is to continue fighting, if not for pride, at least for the shareholders....


03/06/2020 MARKET CAP

KOSSAN RM11.267B

SUPERMX RM11.154B

Posted by Thkent91 > 2020-06-05 00:08 | Report Abuse

Is EPF being a stupid investor? Dump when the share price is moving up?

Posted by blood7 > 2020-06-05 00:14 | Report Abuse

@rahman89 yes you will get the 3sen dividend....

Posted by rahman89 > Jun 4, 2020 7:10 PM | Report Abuse

Guys I bought Kossan today around evening.. am I entitled to get dividend?

Posted by blood7 > 2020-06-05 00:20 | Report Abuse

this is a long existing EPF problem, you'll get used to it... that's why in some other counters people like to see EPF ceasing as a substantial shareholder - then the share price will start to move up....


Posted by Thkent91 > Jun 5, 2020 12:08 AM | Report Abuse

Is EPF being a stupid investor? Dump when the share price is moving up?

Posted by ttluck > 2020-06-05 00:46 | Report Abuse

Put a strong confidence on Kossan.. Steady performance.. So steady la.... Lol..

Posted by rahman89 > 2020-06-05 02:07 | Report Abuse

Thanks blood7

Posted by blood7 > 2020-06-05 02:19 | Report Abuse

finally.... please stay out a bit longer, thanks.....

04 Jun 2020 KOSSAN RUBBER INDUSTRIES BERHAD Notice of Person Ceasing (Section 139 of CA 2016) - EMPLOYEES PROVIDENT FUND BOARD

Posted by bizzybone > 2020-06-05 05:58 | Report Abuse

Each stock in a portfolio has a weightage, each sector has a weightage.

So for eg, if a money manager has a 10% cap on exposure to a single stock (different internal policies and SOPs for different firms), money managers have to gradually unload stocks in their portfolios as the stock price goes up as it will breach the 10% cap. So the more the price goes up, you will see more gradual selling.

You may also see some buying from the same party for other portfolios.

So they're not stupid as you may think.

It's just Portfolio Management 101.

Posted by Hooi369 > 2020-06-05 06:52 | Report Abuse

Today Kossan wan to fight back top 4 and show your turbo?


new cases covid19 update:-

US +21K
Brazil +22K
Russia +8.8K
India +9.9K
singapore +517
Msia +277

Many will said, aiya singapore kena foreigner only...wont impact on glove price...
hello, doctor who test foreigner no need use glove kah?lol...ask bangla test by their own kah?
lol

happy win money for glove buddy..

Posted by Hooi369 > 2020-06-05 06:56 | Report Abuse

remember yesterday you guys bull without MBB and HLB trade platform troops...we have a lot of bullets to let you bull today...

i hope today apps dont kacau2...

Posted by EngineeringProfit > 2020-06-05 06:56 | Report Abuse

Fast four race to the TOP.......

.....today's race: SUPERMAN VS KOSTAN

Posted by Happy_lucky > 2020-06-05 09:17 | Report Abuse

come hengyuan 4324, hengyuan c12 , hengyuan c13. Heng yuan is the best company among all the o n g campany, good management team, good fundamental. petronas cut expenses will no effect and oil price is going to break new high, will fly to moon soon. history at 2017 will come back which is the share price increase from RM2 to RM19 .The price will up very fast due to only 300 millions share, next supermx is coming . want money just come

Posted by Choong Wah Kean > 2020-06-05 09:32 | Report Abuse

kossan ko.

Posted by Wt6669 > 2020-06-05 09:36 | Report Abuse

tp 11.50 start rally soon

Posted by Wt6669 > 2020-06-05 09:41 | Report Abuse

little brother superman coming, fast fast go kossan

Posted by Sami_Value > 2020-06-05 11:07 | Report Abuse

long weekend coming....take some money off first....

weekend might have some turbulence in Malaysia's politic, if really happens, it will give another spoke for bankers to manipulate

Posted by calvintaneng > 2020-06-05 11:20 | Report Abuse

Wei

Supermax going to overtake Kossan soon

See from SuperMax forum

Posted by chief999 > Jun 5, 2020 11:16 AM | Report Abuse

Make. It 8.98 overtake kossan more shiok

SO TELL KOSSAN BOSSES TO DO SOMETHING QUICK

KOSSAN BETTER RUN UP TO RM10.00!!

HOHOHO!!

Posted by Choong Wah Kean > 2020-06-05 11:26 | Report Abuse

kossan bosses always knows to sleep everyday.

Posted by Happy_lucky > 2020-06-05 11:26 | Report Abuse

come hengyuan 4324, hengyuan c12 , hengyuan c13. Heng yuan is the best company among all the o n g campany, good management team, good fundamental. petronas cut expenses will no effect and oil price is going to break new high, will fly to moon soon. history at 2017 will come back which is the share price increase from RM2 to RM19 .The price will up very fast due to only 300 millions share, next supermx is coming . want money just come .oil price will continue up and history at year 2017 will come again.
ttps://twitter.com/NWSHouston

Posted by ttluck > 2020-06-05 13:16 | Report Abuse

It's all depend kossan boss.. Supermx too active n going to overtake kossan... So jus let wait n c game..

Posted by TicTac > 2020-06-05 13:48 | Report Abuse

Kossan slow and steady. I've been waiting for it to achieve RM 10....

all sifu, when will Kossan achieve RM 10? hahah

Posted by TradingAC > 2020-06-05 14:25 | Report Abuse

Yes. Top 4 almost achieved. Now aiming to be Top 5! Flyyyy Kossan!

Posted by Wt6669 > 2020-06-05 15:32 | Report Abuse

KOSSAN gogogo 11.50

Posted by Kevin Tam > 2020-06-05 15:57 | Report Abuse

Rumour said the government will impose export tax / windfall tax on gloves ? Kossan is cheapest among the top 4 counters...

Posted by investmalysia > 2020-06-05 16:34 | Report Abuse

See others doing well then impose tax. Same as Genting. See them doing well then impose tax and make shareholders suffering huge loss

Posted by stockpip > 2020-06-05 18:28 | Report Abuse

Frankly, the only industry that is holding up the stock market is the glove industry. If the pm is dumb, he might impose the tax now and bring the whole share market collapsing. Therefore. I don't think he would resort to this, unless his whole modus operandi is just to touch and go.

Posted by JayC88 > 2020-06-05 18:28 | Report Abuse

Lol... next week top 4. Face mana mau hide.

Posted by karimboss > 2020-06-05 18:29 | Report Abuse

Kossan become no.4 soon, Supermx take over haha

Posted by investmalysia > 2020-06-05 19:58 | Report Abuse

Kossan haven’t start engine

Posted by TicTac > 2020-06-05 20:26 | Report Abuse

Im waiting patience-ly for Kossan to fly high.

Posted by investmalysia > 2020-06-06 08:15 | Report Abuse

Definitely will. Careplus also making profit. More than triple. Think about kossan profit

Posted by Sami_Value > 2020-06-06 09:21 | Report Abuse

Careplus = Kena Phuck already....

The earning even worse THAN THE FENCH FRIES!!! CILI PADI SIZE ONLY!

RM 1.141mil 3 months , 1 month = RM 380.3k only, really laugh die me !!!!

Please don't compare cili padi's penis circumference with the big 4 red lumber penis circumference.

There is no way the pennies can catch up their earning to justify their P/E.

There is no need to pity those ignorants newbies. No need to be "good" people. Let the market teach them the lesson. Next week, operation to annihilate the ignorant groupies. You go out to warn them in goodwill, you will get "tiu" back.

Just be the villian, it is more enjoyable. No one wil tiu "villian".

Nothing grows without rain, see how many can embrace the storms.

Next one on the line.....Hor Lang Tiu & RubbishEx

Posted by Sami_Value > 2020-06-06 09:26 | Report Abuse

all the CWs players....get rid of your holdings slowly before August arrive...you don't lock the profit, the IBs will swallow you in soon.

stock market price lead 6-9 months ahead of the real economy activities. if the demand of glove gonna spill over to 1Q or 2Q or 2021. work backward 9 months from 1Q 2021 to be on the safe.

Posted by investmalysia > 2020-06-06 18:49 | Report Abuse

Higher ASP will be reflected from next quarter onwards. Stay tuned.

Posted by glovebubblepops > 2020-06-06 18:57 | Report Abuse

Glove bubble pops on stretchy valuations

KUALA LUMPUR (June 6): The market craze for glove stocks continued despite the margin call curbs by brokerages early last week, which led to a massive sell-off.

While some said the high valuations — historical price-earnings ratios (PERs) of over 100 times — were crazy, it did not stop research houses from giving higher target prices (TPs) for glove stocks in the wake of the Covid-19 pandemic.

For instance, Credit Suisse was the most optimistic, raising its TP for Top Glove Corp Bhd to RM23, representing another 40.4% upside against its last Friday’s closing price of RM16.38. Note that the stock has surged over 200% year to date (YTD).

Low-liner Careplus Group Bhd has even seen its share price surge close to 1,000% since early this year.

Will the strong buying interest cause a glove bubble? Are the hefty premium valuations justified? Would it be time to pick up glove stocks after a correction?

We speak to industry players, analysts and fund managers to find out what they think about the demand and earnings outlook, as well as the bull factors and key risks for the sector.

As countries around the globe are racing to develop a vaccine against Covid-19, it remains to be seen how it will affect glove demand. In the post-pandemic era, new structural changes could also take place.

In our accompanying stories, we also take a look at how the wealth of the founders of glove companies has soared over the last five months; and the two businessesmen who have made handsome gains from their recent investments in a glove firm.

All of these are part of our cover story in the latest issue of The Edge Malaysia weekly.

Posted by Michael Kwok > 2020-06-06 20:59 | Report Abuse

global company usually have big premium compare with it peer.Wht overvaluation.If Topgloves was listed in US it worth rm 36-rm 42.Some-more it also number one in the world.Im great to buy a global company which are no 1 in Malaysia and the world.Malaysia investment bank do not reward a global company which are no 1 in Malaysia and the world with almost same valuation in US or Hong Kong.

Posted by Michael Kwok > 2020-06-06 21:01 | Report Abuse

Even Kossan should have few ringgit higher thn Supermax.But the price almost the same.

Posted by Michael Kwok > 2020-06-06 21:33 | Report Abuse

Because my valuation putting the same PE as Supermax.The PE almost 50 percent below Supermax.In reality should be higher but ....

Michael Kwok
2016 posts
Posted by Michael Kwok > May 29, 2020 7:49 PM | Report Abuse X

Im different with HLG.Along the way may have 7-12 percent correction.But I put TP rm 13-rm 15. Second half of 2020Nothing to fear....

https://klse.i3investor.com/servlets/ptres/55394.jsp

Posted by Michael Kwok > 2020-06-06 21:46 | Report Abuse

Pe for Supermax 85, but Kossan 49.See the different.Tht means Kossan had at least 50 percent higher thn Supermax if Supermax being in range bound of 10 percent.Some-more Kossan earning more thn Supermax.Its rediculous valuation by investment banks bank to put rm 10.80-rm 11.20.

Posted by Bigbull99 > 2020-06-06 21:59 | Report Abuse

Brother please go study what kind of glove Kossan produces and how many, there is a reason for low PE as compared to Harta TG and Supermax. Why institutions don’t love Kossan as much? Go study first before comparing Apple to Apple.

Posted by Michael Kwok > 2020-06-06 22:47 | Report Abuse

Tht means this stock is laggard.Kossan made 225 million in FY 2019 while Supermax made 120 million in FY 2019.

Posted by Michael Kwok > 2020-06-06 23:01 | Report Abuse

Kossan made 225 million FY 2019;Nosh 1.279 bill shares;profit margin 10.1 % while Supermax made 124 million FY 2019; Nosh 1.489 billion shares;profit margin 8.3%.U see y Kossan laggard compare other.

Posted by Kok Wai > 2020-06-06 23:11 | Report Abuse

Kossan 80% gloves business only. Rest of the business might make lost..

Posted by Kok Wai > 2020-06-06 23:14 | Report Abuse

Laggard is good, give u time to buy more if other spike up high high

Posted by hallick > 2020-06-06 23:39 | Report Abuse

Credit Suisse was the most optimistic, raising its TP for Top Glove Corp Bhd to RM23, representing another 40.4% upside against its last Friday’s closing price of RM16.38.