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 1 hour ago

Posted by Lukey_Greek > 2020-07-01 21:51 | Report Abuse

Ask yourself a question, if you can choose only one glove stock to ALL IN at current price, which will you choose? Only ppl who invested in Kossan now will know what I meant.

Apple1234

853 posts

Posted by Apple1234 > 2020-07-01 23:24 | Report Abuse

Yes, share price can go how far is depend of the result improve how much. Example, supermax maybe estimate will earn 300mil from 71mil. You can calculate how much percentage supermax will improve? Compare May result, Kossan net profit lower than supermax. If you is a smart investor, your will choose supermax all in not Kossan? Since everyone say Kossan can go until RM12, than i assume RM12. RM 8 to RM12 you earn RM4 profit gap. Supermax maybe will go until RM15 to RM18? RM 8 to RM15 profit gap is RM7 right? As investor we must choose the best growing company to invest and maximize our profit. Not to choose slow company to invest. Kossan is stable, but you cant earn big in this company, understand? The answer already very clear, supermax selling price is higher than Kossan very much. So the growth percentage confirm is Supermax higest than Kossan right? The answer already very clear, than what should you do? Switch your money to big 3 Harta, Topglove, Supermax or choose died died stay with Kossan and earn less? Think, think about it. Why Kossan every day trading volume so less? Think, think about it. Please.

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2020-07-01 23:49 | Report Abuse

Nowadays many people sudah jadi sifu oi. Apple pun jadi durian. Investor have their target and analysis one mah. Smart or not smart also depends on them one mah. Their money their pilihan mah. Buy top 4 problem solved lo

mf

28,187 posts

Posted by mf > 2020-07-02 06:14 | Report Abuse

Oxford offers best hope for Covid-19 vaccine this year, MPs told
University is leading rivals but first drugs may not work fully, says vaccine taskforce chair

Posted by Bursa_final_winner > 2020-07-02 09:02 | Report Abuse

Good news for mankind. Oh no, bad news for overbought glove stocks.
Pfizer shares jumped 3% after a COVID-19 vaccine developed jointly with Germany's BioNTech was found to be well tolerated.

Posted by indexnoobie123 > 2020-07-02 09:05 | Report Abuse

kossan's turn to fly today?

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2020-07-02 09:09 | Report Abuse

Kossan 3rd taiko mah. Topglove, Harta now kossan turn lo. Cheers

ChaseBros

577 posts

Posted by ChaseBros > 2020-07-02 09:12 | Report Abuse

Congrats for those who are still holding Kossan. I sold too early this morning, making only 15% profit. Will buy again if it ever press down by IB but will not spread fake news or negativity with the hope to reenter at cheaper price.

Apple1234

853 posts

Posted by Apple1234 > 2020-07-02 09:20 | Report Abuse

If dont have bombastic result do support very fast will drop back. If me, i will sold finish at higher price and switch to Harta, Topglove and Supermax.

Apple1234

853 posts

Posted by Apple1234 > 2020-07-02 09:22 | Report Abuse

Supermax share price logic need stand above Kossan. Let see August result announced

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2020-07-02 09:26 | Report Abuse

Fantastic 4. Kossan stil the third great. Anyhow 4 of them created lots of wealth to their investors

calvintaneng

55,192 posts

Posted by calvintaneng > 2020-07-02 09:32 | Report Abuse

WAHAHA!

Kossan?

Last time was gostan

NOW NO MORE!!!

NOW IS GUO SHAN

GUO AS IN "GOING OVER"

SHAN AS IN MOUNTAIN

SO KOSSAN MEANS "GOING OVER MOUNTAIN OF RM10.00 NEXT!"

LATER GO HIGHER AND HIGHER AND HIGHER STILL!!!

KOSSAN GO GO GO!!!

High5

1,269 posts

Posted by High5 > 2020-07-02 09:38 | Report Abuse

Kossan no volumn ..going up bcos of good glove sentiment...look at kossan volumn vs supermaxx n tq

gloveharicut

1,067 posts

Posted by gloveharicut > 2020-07-02 09:38 | Report Abuse

CIMB: No concern on lower ASPs and oversupply on GLOVE. Toppick is TOPGLOV (RM25) and SUPERMX (RM9.80)

https://klse.i3investor.com/blogs/gloveharicut/2020-07-02-story-h1509708761-CIMB_No_concern_on_lower_ASPs_and_oversupply_on_GLOVE_Toppick_is_TOPGLO.jsp

calvintaneng

55,192 posts

Posted by calvintaneng > 2020-07-02 09:47 | Report Abuse

Why Kossan no volume?

ANSWER:

KOSSAN IS THE ONLY TOP GLOVE STOCK HELD VERY VERY TIGHTLY BY TOP MALAYSIAN & WORLD FUNDS AT OVER 70%

EASTSPRING INVESTMENT FUND ALSO IN TOP 30 OF KOSSAN

SO FREEFLOAT ONLY LESS THAN 30%

IF GOT GOOD NEWS LIKE RUBBEREX CAN VERY EASILY SEE KOSSAN GO "LIMIT UP!!

YESSSS!!!!

GUO SHAN GOES OVER THE MOUNTAIN AND "LIMIT UP!!!"

Apple1234

853 posts

Posted by Apple1234 > 2020-07-02 09:51 | Report Abuse

Kossan go up just temporarily because dont have bombastic result support. Just follow good glove sentiments go up, it cant last for long time. Decide is in your hand , how to maximize your profit you should know. Once announced cant hit market expectations result, you will see Kossan drop it from the sky. Share price need have good results to support. Example Topglove announced good result, when correction it cant drop much, because the result at least should stand above RM15. But Kossan? You think result will bombastic? I suggest you guys go Google hear back the Bloomberg interview Kossan video, you will understand.

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2020-07-02 09:53 | Report Abuse

Stand firm first and then stand high. You can do it

calvintaneng

55,192 posts

Posted by calvintaneng > 2020-07-02 09:54 | Report Abuse

Why Kossan no volume?

ANSWER:

KOSSAN IS THE ONLY TOP GLOVE STOCK HELD VERY VERY TIGHTLY BY TOP MALAYSIAN & WORLD FUNDS AT OVER 70%

EASTSPRING INVESTMENT FUND ALSO IN TOP 30 OF KOSSAN

SO FREEFLOAT ONLY LESS THAN 30%

IF GOT GOOD NEWS LIKE RUBBEREX CAN VERY EASILY SEE KOSSAN GO "LIMIT UP!!

YESSSS!!!!

GUO SHAN GOES OVER THE MOUNTAIN AND "LIMIT UP!!!"


STOP PRESS!!!

KOSSAN HAS SOLID ASSET BASE LIKE TOP GLOVE

SO JUST LIKE RUBBEREX SPRUNG SURPRISE EARNINGS KOSSAN CAN ALSO SPRING A BIG SURPRISE

THEN LIMIT UP!!! AND GO OVER RM12.00!!

HOHOHO!!!

Apple1234

853 posts

Posted by Apple1234 > 2020-07-02 09:58 | Report Abuse

Dont dream Kossan will limit up, unless announced very ***(((bombastic result))))). Volume low is market less people interest invest it. You should check what logic happen. Why market no dare invest it? Is it company faudamental problem? Director too conservative? Selling price less? All the point you need to think. Not only think about director hold 50% share like tat. The important is company have any strong story? Have any strong point let market buy it? Think.

ttluck

769 posts

Posted by ttluck > 2020-07-02 10:14 | Report Abuse

sifu calvin...i agree wv u...i always believe in Kossan and HArta...they r doing well n increase steadily...expecially Kossan always surprise us from the history record...

Posted by Bursa_final_winner > 2020-07-02 10:29 | Report Abuse

My uncle (a retired fund manager) said they keep asking u to buy bcos they want to sell to u. Am very scared. He said can lose >50% in glove stocks in a day.

Apple1234

853 posts

Posted by Apple1234 > 2020-07-02 10:55 | Report Abuse

You should see the company future and result, no hear your uncle. If your uncle ask you go eat rubbish you will go? Invest is not hear ppl say, you must do your homework.

calvintaneng

55,192 posts

Posted by calvintaneng > 2020-07-02 11:05 | Report Abuse

VERY GOOD!!

KOSSAN STILL LEADING TOP GAINER NOW!!

GO GO "GUO SHAN" AND NO MORE GOSTAN!

GO GO POWER RANGER!!!

manegto

684 posts

Posted by manegto > 2020-07-02 12:02 | Report Abuse

Looks like harta wants to do coreection now but denied by kossan as it very angry with harta,topglove and supermax as their share price has increased more than 200% while increased slightly 100% only.You can see kossan is now protesting against the price increase as it say when you 3 increased few fold i only increased little.When u all want to do correction, you all pull me together...i dun even profit anything...say dissatisfied kossan

smartrade

15 posts

Posted by smartrade > 2020-07-02 12:09 | Report Abuse

have u invest or buy in those vaccines companies ? if not what is the
points talking shits here.

Kenzotaj

182 posts

Posted by Kenzotaj > 2020-07-02 12:10 | Report Abuse

topglov, harta and supermax all buyback their own stock from open market, either individually or through company . Kossan bosses leh ?? Show some sincerity and confidence. Buyback and prove to your loyal investor !!!

manegto

684 posts

Posted by manegto > 2020-07-02 12:11 | Report Abuse

I guess at the end kossan has to kow tow for the price corewction even they fell unfairly treated

Apple1234

853 posts

Posted by Apple1234 > 2020-07-02 12:26 | Report Abuse

Many investors not willing to sell when high price, switch to other company, cant accept the facts. It will make them lose money at share market or earn less when they doing closing end of the years. But any where, this is only my opinion, money is yours. If you still dont want accept the facts, than is ok. Kossan same with comfort, share price wont shoot up much. Those want slow and stable than Kossan is your choice.Kossan wont give you earn big money but just stable. You want maximize your profit, Kossan confirm cant help you.

biba

94 posts

Posted by biba > 2020-07-02 12:27 | Report Abuse

can break 1000 wait n see...

Kenzotaj

182 posts

Posted by Kenzotaj > 2020-07-02 12:36 | Report Abuse

If only Kossan bosses show more sincerity and buyback to inject confidence & support for their loyal investor.

Apple1234

853 posts

Posted by Apple1234 > 2020-07-02 13:10 | Report Abuse

When glove trend come, kossan also will follow move. But without market expectations result share price can go how far? Halo, wake up please.

liang408

95 posts

Posted by liang408 > 2020-07-02 13:30 | Report Abuse

New high

Apple1234

853 posts

Posted by Apple1234 > 2020-07-02 13:32 | Report Abuse

Keep listen what kossan director talking about it.

manegto

684 posts

Posted by manegto > 2020-07-02 14:37 | Report Abuse

Very reluctant but with heavy heart, lossan os giving way for correction...no thamks to the 3 giant gloves

Pin4TheWin

125 posts

Posted by Pin4TheWin > 2020-07-02 14:53 | Report Abuse

promo time!!! woot woot~

Posted by Bursa_final_winner > 2020-07-02 14:57 | Report Abuse

Oh shit! All asked to buy but run!!!

Jack888

853 posts

Posted by Jack888 > 2020-07-02 15:12 | Report Abuse

Buy more..

Posted by Bursa_final_winner > 2020-07-02 15:14 | Report Abuse

A lot of running-promoters here, my uncle is right, cut loss in Gloves & buy Bursa.

Apple1234

853 posts

Posted by Apple1234 > 2020-07-02 15:32 | Report Abuse

https://www.bloomberg.com/news/videos/2020-05-14/kossan-rubber-ceo-pandemic-to-boost-glove-demand-by-30-50-video

Inside the video Kossan director say, we cant because of shortage of glove increase the selling price 30% to 40%, business is doing long run, we cant jump case. Means maybe Kossan dont have doing spot order or less doing spot order? And he say selling price cannot increase 30%-40%. This all information is director saying inside the video. Guys, you get i means? And he say cant improve much production, only 10% estimate. So you think Kossan result will bombastic or like comfort? Think about it.

PureBULL ...

2,462 posts

Posted by PureBULL ... > 2020-07-02 15:32 | Report Abuse

BUY WHAT MR MARKET WANTS TO PLAY UP


Again mr market chooses GLOVES:

a. HARTA > 1258 was 1st to decisively fly into new.blue sky...
b. Next is TOPGLOV > 1688 is just into the new days of glove.university...

c. Coming is testing testing SUPERMX > 888 ...

d. Other glove plc shall follow closely ...


Prosperity glove.university has 4 yrs + Master degree + PhD if we r fully blessed, all could be completed in 3 mkt months.

siapa cepat dia DAPAT
Isn't that WONDERFUL ?

Posted by hosehliaoo > 2020-07-02 15:55 | Report Abuse

Good news for Jaks. "启委会各位委员一致认为海阳电厂1号机组已符合整套启动条件" -- Jaks' first unit of 600 MW power plant is ready for commissioning and start up.

Posted by Bursa_final_winner > 2020-07-02 16:00 | Report Abuse

Glove stocks are overpriced, my uncle is right, cut loss in Gloves & buy Bursa. Bursa sure win.

Frank Tan

533 posts

Posted by Frank Tan > 2020-07-02 16:20 | Report Abuse

my gran pa ask me to hold kossan....

sammofee

215 posts

Posted by sammofee > 2020-07-02 16:43 | Report Abuse

THER IS NOTHING THAT CAN STOP THIS MAN

calvintaneng

55,192 posts

Posted by calvintaneng > 2020-07-02 17:14 | Report Abuse

Kossan crossed Rm9 threshold convincingly

Well done!!

Clap!

Clap !!

Clap !!!

Next >>>> to cross Rm10.00

ahbah

6,128 posts

Posted by ahbah > 2020-07-02 17:19 | Report Abuse

Trading at unwarranted 35% PER discount valuation to bigger peers.

The stock has risen 111% YTD. We re-emphasis our bullish stance, expecting the stock to trade at +2.0SD in anticipation of a ramp up in demand from re-stocking activities and stronger average selling price (ASP); hence, expectation of sustained robust earnings growth in subsequent quarters.

TP is accordingly raised from RM9.60 to RM11.20 based on 30x FY21E EPS (at +2.0SD above 5-year historical forward mean).

Reiterate Outperform.

Key risk to our call is slower-than-expected commissioning of the new plants.

Source: Kenanga Research - 3 Jun 2020

ChrisMz

706 posts

Posted by ChrisMz > 2020-07-02 17:48 | Report Abuse

That looks awfully like shooting star?

calvintaneng

55,192 posts

Posted by calvintaneng > 2020-07-02 19:30 | Report Abuse

ahbah Trading at unwarranted 35% PER discount valuation to bigger peers.

The stock has risen 111% YTD. We re-emphasis our bullish stance, expecting the stock to trade at +2.0SD in anticipation of a ramp up in demand from re-stocking activities and stronger average selling price (ASP); hence, expectation of sustained robust earnings growth in subsequent quarters.

TP is accordingly raised from RM9.60 to RM11.20 based on 30x FY21E EPS (at +2.0SD above 5-year historical forward mean).

Reiterate Outperform.

Key risk to our call is slower-than-expected commissioning of the new plants.

Source: Kenanga Research - 3 Jun 2020
02/07/2020 5:19 PM


WAHAHA!

KENANGA UPGRADED KOSSAN TO RM11.20

THIS YEAR KENANGA MORE CLEVER AND CREDIBLE (Lasr year made wrong call sell Uzma)

NOW JUST WAIT AND SEE GUO SHAN GO OVER RM10.00

ONLY MATTER OF TIME NOW!

moneytr33

545 posts

Posted by moneytr33 > 2020-07-02 20:22 | Report Abuse

Kossan still can up tmr? The way i see like price correction wor.. just saying dont angry

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