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 3 hours ago

Posted by Tedinvestor > 2020-06-18 11:08 | Report Abuse

Interests in gloves are gone with the wind

Posted by Tedinvestor > 2020-06-18 11:09 | Report Abuse

I will sell my last holding in kossan in a rebound. God blessed

Kenzo8

69 posts

Posted by Kenzo8 > 2020-06-18 13:43 | Report Abuse

Heard KYY already disposed his glove shares...

Posted by Lukey_Greek > 2020-06-18 14:20 | Report Abuse

i sold all my topglove shares but still hold tight with my kossan.

Reasons? Cos 15% margin expansion Top Glove (from 10% to 25% on gross margin) breakdown is as follows:

a) 5% on weakening of MYR
b) 5% on cost saving from raw material, especially on nitrile price, and

c) 5% on ASP increase


Factors (a) & (b) is the common factors enjoys by all glove stocks, & most important, its sustainable. These 2 factors enough to bring Kossan next quarter profit to be double.

rosdi

53 posts

Posted by rosdi > 2020-06-18 14:45 | Report Abuse

corona virus movie end .no show eat popcon ...

Apple1234

853 posts

Posted by Apple1234 > 2020-06-18 16:23 | Report Abuse

If you guys want earn maximum of your invest money better sold finish Kossan and (turn) to Harta, Topglove and Supermax. This three company will give you maximum profit. I not say that Kossan is no good, Kossan is good but the director doing things is too conservative. Topglove create many shift to grab opportunity during this situation but Kossan? Topglove so aggressive to buy and build new factory but Kossan? Always delays? During this covid-19 many glove company so aggressive increase Selling Price but Kossan? Right, kossan also have increase selling price but compare with Topglove, Harta, Supermax than you think yourself!!!! I suggest you see back about Bloomberg interview Kossan Director video and keep repeating Tan Sri answer about the selling price increase part and he say i cant do anything, only can increase abit production. I keep repeat hear and finally i sell finish Kossan and turn into Harta. Harta have AMG glove, ngc factory. Factory 7 maybe will speed up done early at August, will increase more production of glove. Topglove have the world biggest production quantity of glove, the director very expert in doing business, when he talk out he will do it, the spot order price increases 100-500%. Supermax got own obm glove, selling price increases is the highest want, if not wrong now increase until 190 USD, profit margin now is the highest want due to higher selling price. How about Kossan? Kossan can maximum your invest money? Sell it then (turn) your money to Big three ( Topglove, Harta and Supermax), dont waste your time, you must accept the facts. Covid-19 maybe 100 years one time opportunity, money lose you can earn back, but time lose you cant earn back. May i ask guys you have how many 10 years can wait? We should invest the money in aggressive company right? Think!!!!

Apple1234

853 posts

Posted by Apple1234 > 2020-06-18 16:30 | Report Abuse

Why Topglove can from RM4 plus go until RM18? Why Harta can from RM4 plus go until RM13 plus? Why supermax can from RM1.28 go until RM9 plus? Why Kossan cant? Compare all glove company growth Kossan yoy only increase 10%. HALO, wake up guys, is the time to wake up. Kossan from RM3.92, higher is RM9 plus, so you guys can compare it and doing a deep analysis. As a investor we must maximize our profit right?

Posted by EngineeringProfit > 2020-06-18 16:31 | Report Abuse

Because sharks manage to make a pact with the directors to goreng...

.....In Kossan case, epf was uncooperative

stockpip

202 posts

Posted by stockpip > 2020-06-18 16:34 | Report Abuse

Lukey_Greed When shares' trend moves, it is a stampede. They don't care whether the stock is profitable or not.

Apple1234

853 posts

Posted by Apple1234 > 2020-06-18 16:36 | Report Abuse

This is the Bloomberg interview video that you guys can repeating listen. I keep repeating listen for one month, finally i decided to sell finish Kossan and this kind of conservative director is not i want. Guys, go listen clear about what Tan Sri talking.

Apple1234

853 posts

Posted by Apple1234 > 2020-06-18 16:37 | Report Abuse

Learn to accept the facts.

Apple1234

853 posts

Posted by Apple1234 > 2020-06-18 16:40 | Report Abuse

Think, why Kossan director keep selling their share price but Topglove, Harta, Supermax keep buying? Think about it.

Apple1234

853 posts

Posted by Apple1234 > 2020-06-18 16:42 | Report Abuse

Kenzo8: i heard US have big war, many people died oh? Hear? Why dont go do your homework about company fundamental? Always hear, people eat shit you want follow?

Posted by Fellowship of the ring > 2020-06-18 17:10 | Report Abuse

Tan sri lim say , if drop below 8 sell everything and all in

Posted by Fellowship of the ring > 2020-06-18 17:13 | Report Abuse

Foreign funds selling dummy , directors keep adding more .kossan foreign fund holding is lesser than the other 3 thats why drop lesser up also slower. End of the day They will be the biggest winner

Posted by Fellowship of the ring > 2020-06-18 17:14 | Report Abuse

Why worry ? Add more ,even rm 10 is cheap

Posted by Fellowship of the ring > 2020-06-18 17:16 | Report Abuse

When their new bidor plant start operation then u see whois the winner

Posted by Fellowship of the ring > 2020-06-18 17:27 | Report Abuse

Better not comment too much later get whacked by apple2345

aramcooo

83 posts

Posted by aramcooo > 2020-06-18 19:19 | Report Abuse

Yaa I think gloves shares the best

Apple1234

853 posts

Posted by Apple1234 > 2020-06-18 19:23 | Report Abuse

Fellow: may i ask bidor need how many years to build up? You have study deep the company? If you dont know I told you is 8 years. Kossan is good company, i no say is bad. The problem is you want maximize your profit? If dont want than is ok, please.

Apple1234

853 posts

Posted by Apple1234 > 2020-06-18 19:25 | Report Abuse

Fellow: delay is Kossan style, i think the Bidor build up at least need 10 years, i want to ask is it you willing to wait 10 years? If yes, than please.

Posted by Fellowship of the ring > 2020-06-18 19:37 | Report Abuse

FYI the new plant factory alrd built , some machinery alrd in . If u dont know shit dont simply give fake 8 years news. I hv been to their plant a few times

Posted by Fellowship of the ring > 2020-06-18 19:38 | Report Abuse

I think by end of this year Or early nx year some of the newly installed lines might be operational

Posted by Fellowship of the ring > 2020-06-18 19:44 | Report Abuse

Have u visited any of their factory ? Lol

Posted by Fellowship of the ring > 2020-06-18 19:45 | Report Abuse

I visit TG,SM,KOS almost every week

Posted by Fellowship of the ring > 2020-06-18 19:52 | Report Abuse

They are selling face mask also

Posted by Fellowship of the ring > 2020-06-18 19:52 | Report Abuse

But no made in malaysia , its from their china plant

Posted by Fellowship of the ring > 2020-06-18 19:56 | Report Abuse

Jalan meru , got nothing to eat . Need to go setia alam

calvintaneng

55,187 posts

Posted by calvintaneng > 2020-06-18 19:57 | Report Abuse

Posted by Apple1234 > Jun 18, 2020 4:30 PM | Report Abuse

Why Topglove can from RM4 plus go until RM18? Why Harta can from RM4 plus go until RM13 plus? Why supermax can from RM1.28 go until RM9 plus? Why Kossan cant? Compare all glove company growth Kossan yoy only increase 10%. HALO, wake up guys, is the time to wake up. Kossan from RM3.92, higher is RM9 plus, so you guys can compare it and doing a deep analysis. As a investor we must maximize our profit right?

CALVIN WOULD LIKE TO ANSWER THIS QUESTION

1) CALVIN BOUGHT SUPERMAX AT RM1.73 ON APRIL 2020

SUPERMAX WAS REALLY SUPERB AND PRICE SHOT UP OVER RM9.00 IN JUST 2 MONTHS TIME

2) ALONG THE WAY MANY HAVE SOLD KOSSAN TO BUY SUPERMAX

3) THEN KOSSAN DIRECTORS & EPF STARTED SELLING KOSSAN TO MAKE THINGS WORST

4) AS A RESULT KOSSAN TRAILED BEHIND ALL OTHER GLOVE STOCK STOCKS AND UNDERPERFORMED

5) NOW THINGS ARE TURNING MORE POSITIVE

A) INSIDERS STOPPED SELLING

B) EPF STARTED BUYING INSTEAD OF SELLING

SO?

SO KOSSAN BEING THE LAGGARD HAS FALLEN LESS THAN THE OTHERS TODAY

KOSSAN IS NOW RESILIENT AND WORTH BUYING AT THIS RETRACED PRICE

DO NOT GO DAY TRADE OR CONTRA PLAY

JUST BUY AND HOLD TILL KOSSAN CROSS RM10.00 OR MORE

IT IS NOT HOW OR WHY BUT ONLY WHEN?

WHEN SUPERMAX COMES OUT WITH THE "ONCE IN A CENTURY" EXPLOSIVE AND THUNDERING RESULT THEN BOTH SUPERMAX & KOSSAN WILL RUSH OVER RM10.00!!

FROM JUNE 18TH TO AUGUST 2020 IS LESS THAN 2 MONTHS

IF YOU CAN BUY AND SIT TIGHT THEN WHOOOPPEEEEEE!!!!

Posted by Fellowship of the ring > 2020-06-18 20:01 | Report Abuse

Tomoro foreign fund throw more please i need to buy more first tn only go to 12. Wait for me

calvintaneng

55,187 posts

Posted by calvintaneng > 2020-06-18 20:04 | Report Abuse

CALVIN'S ANSWER TO APPLE IN KOSSAN FORUM NOW BROADCASTING TO ALL WITH EARS - HEAR YE! HEAR YE!!

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-06-18-story-h1508851587-CALVIN_S_ANSWER_TO_APPLE_IN_KOSSAN_FORUM_NOW_BROADCASTING_TO_ALL_WITH_E.jsp

Posted by Fellowship of the ring > 2020-06-18 20:05 | Report Abuse

Halo i dont play belakang one. Use that road some times only

Posted by Fellowship of the ring > 2020-06-18 20:28 | Report Abuse

Kossan,harta,tg shhould be quite safe. Panther i abit scared. Hehehe

Posted by Fellowship of the ring > 2020-06-18 20:30 | Report Abuse

Dunno why so many buyer like black panther company so much

mf

28,187 posts

Posted by mf > 2020-06-18 21:12 | Report Abuse

China's COVID-19 vaccine candidate shows promise in human trials, CNBG says

Mabel

23,519 posts

Posted by Mabel > 2020-06-18 23:11 | Report Abuse

Rest assured, I'm fully committed to continue to stay on board with the Fantastic Four ever since Teresa announced that Malaysia is donating 18 million Gloves to China early this year. Beside helping China, these Gloves Fantastic Four are also helping World Community to fight this pandemic Covid19. So when comes to Gloves, it's about giving back after winning so much. Money hereby become secondary.

I have already locked my profits for Gloves. So no issues holding the remaining shares in the Fantastic Four. From now any new addition will only be confined to Hartalega and Top Gloves.

Meow Meow Meow Meow

Posted by Winningpost > 2020-06-18 23:18 | Report Abuse

Save the best for last..
Kossan will strike soon .

calvintaneng

55,187 posts

Posted by calvintaneng > 2020-06-19 07:26 | Report Abuse

Very happy morning all at Kossan

This is the laggard glove stock full of solid value

The cheapest and therefore the best value is found in Kossan now

mf

28,187 posts

Posted by mf > 2020-06-19 07:53 | Report Abuse

World
WHO eyes hundreds of millions of COVID-19 vaccine doses before 2021

Apple1234

853 posts

Posted by Apple1234 > 2020-06-19 09:57 | Report Abuse

Cheaper glove stock? Let see coming quarter.

calvintaneng

55,187 posts

Posted by calvintaneng > 2020-06-19 09:58 | Report Abuse

In Singapore Riverstone and ug healthcare glove both up

Malaysia glove stocks now cheap

Buy and hold

Apple1234

853 posts

Posted by Apple1234 > 2020-06-19 10:01 | Report Abuse

No need explain much with no point. You need accept the facts. Market will judge who is correct, suggest you study deep, fight win me no use. Market will judge who is correct. Tq

Apple1234

853 posts

Posted by Apple1234 > 2020-06-19 10:10 | Report Abuse

Dont let people laugh you.

nihility

125 posts

Posted by nihility > 2020-06-19 10:57 | Report Abuse

The condition to meet the margin requirement by certain trading houses before July 20 got play a role in the recent correction.

Louise4

389 posts

Posted by Louise4 > 2020-06-19 15:23 | Report Abuse

Moderna’s Coronavirus Vaccine Will Be Ready for Distribution in 2021, CEO Says.

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2020-06-19 17:38 | Report Abuse

Ole ole ole. Slow but steady

Mabel

23,519 posts

Posted by Mabel > 2020-06-19 18:56 | Report Abuse

Meow Meow Meow

didi

61 posts

Posted by didi > 2020-06-20 01:18 | Report Abuse

19-Jun-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 172,000 shares on 16-Jun-2020.

Posted by Gabriel Khoo > 2020-06-20 02:39 | Report Abuse

Epf increased shareholdings fron 5.979% to 6.51% as at 16/6

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