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.

15,970 comment(s). Last comment by Albukhary 29 minutes ago

gladiator

667 posts

Posted by gladiator > 2020-07-06 13:31 | Report Abuse

The Top 4 are brothers and sisters cannot look down on each other. Which one fall behind you buy this is call maximize profit.

chtan33

242 posts

Posted by chtan33 > 2020-07-06 13:33 | Report Abuse

many fail to appreciate kossan coz it yet to publish good results simply due to QR reporting timing

Posted by YongJie Ong > 2020-07-06 13:46 | Report Abuse

Took profit last week. Damn, reenter this morning again.

Posted by Winningpost > 2020-07-06 14:11 | Report Abuse

The tortoise finally catches up with the rabbits
..and soon will cross the winning line .
As the childhood story goes .

Posted by Winningpost > 2020-07-06 14:12 | Report Abuse

Reason being..lowest PE and highest EPS among the big 4

biba

94 posts

Posted by biba > 2020-07-06 14:34 | Report Abuse

uptrend

mf

28,187 posts

Posted by mf > 2020-07-06 14:55 |

Post removed.Why?

tiger69

378 posts

Posted by tiger69 > 2020-07-06 15:06 | Report Abuse

wah ...neck and neck with Supermax

Posted by kariwong9394 > 2020-07-06 15:52 | Report Abuse

......

Always remember Buy Low, Sell High....

Always remember Buy Low, Sell High....

Always remember Buy Low, Sell High....


买卖自负 ...买卖自负 ...买卖自负 ...

Posted by Lukey_Greek > 2020-07-06 15:56 | Report Abuse

Kossan is the most value buy among all glove stocks. No need to doubt.

Posted by infinity888 > 2020-07-06 16:16 | Report Abuse

Any sifus here can note down the Q&A during the AGM ???
please share with us ya thanks!

biba

94 posts

Posted by biba > 2020-07-06 16:30 | Report Abuse

kossan open nos...powerful...

Posted by pahlawanmerah > 2020-07-06 16:42 | Report Abuse

EPF collect somemore

Jack Khan

1,270 posts

Posted by Jack Khan > 2020-07-06 17:12 | Report Abuse

I'm confuse supermax and kossan almost same price!

azee

78 posts

Posted by azee > 2020-07-06 17:18 | Report Abuse

Tokyo finds 102 new virus cases as it tries to avoid blanket curbs

Apple1234

853 posts

Posted by Apple1234 > 2020-07-06 18:01 | Report Abuse

Mf: why before you go all the forum say glove need sell but now ask people buy it? Is it you heart pain no buy it? Now chase high?

Apple1234

853 posts

Posted by Apple1234 > 2020-07-06 18:02 | Report Abuse

Mf: i saw you every day share the negative news out why suddenly ask people buy? You no say vaccine already wanna success announced? May i ask HIV until now have vaccine or medicine cure it?

calvintaneng

55,190 posts

Posted by calvintaneng > 2020-07-06 18:19 | Report Abuse

VERY EXCELLENT NEWS

KOSSAN BUYING NETX DOOR 10 ACRES LANDS FROM CBIP FOR EXPANSION!!!
EXCE:https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3066316

THIS WILL BE ALSO GOOD NEWS FOR TEXCHEM AS IT CONVERTS POLYMER TO GLOVE CHEMICALS

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3066316

Posted by Winningpost > 2020-07-06 19:05 | Report Abuse

Expect another $1 up tomorrow backed up by today's heavy volume.
Stay tuned for a faster momentum now .

Posted by OngMoneyOng > 2020-07-06 19:09 | Report Abuse

No need everyday check and comment one lah. Datang balik end of the year check your treasure box. Mesti ada surprise one

Dakewlest

1,754 posts

Posted by Dakewlest > 2020-07-06 20:20 | Report Abuse

Can still in? What is the TP?

calvintaneng

55,190 posts

Posted by calvintaneng > 2020-07-06 20:31 | Report Abuse

So fast moving for Kossan

Supermax building 3 new factories concurrently

For Kossan it is buying an already set up factory with office on 10 acres lands just across the road

It can start production rightaway after installing equipment

Kossan looks like slow but actually moving very fast. And it uses it's brain too

wendycwl

185 posts

Posted by wendycwl > 2020-07-06 20:46 | Report Abuse

I think is the cheapest among the 4 big rubber shares

mf

28,187 posts

Posted by mf > 2020-07-06 21:05 | Report Abuse

Qatar COVID-19 cases exceed 100,000, health ministry says

Posted by Winningpost > 2020-07-06 21:18 | Report Abuse

40mil for 4 hectares land purchase .
Kossan Is in rapid expansion growth mode.
Supermax stand aside please.
I will always be no.3 .

Apple1234

853 posts

Posted by Apple1234 > 2020-07-06 21:57 | Report Abuse

Mf: vaccine success already wor? You everyday share negative news, why now suddenly change your mind? Buy land every glove company also will do it wor? Harta, Supermax and Topglove also have buy oh? Build factory need time oh mf? We need hear the good news is during covid-19 Kossan increase higher selling price, than you know Kossan increase how much selling price Mr mf?

Posted by infinity888 > 2020-07-06 22:07 | Report Abuse

Supermax Corporation Berhad UOB TP - RM 17.60 - Shine bright like a diamond

https://klse.i3investor.com/blogs/Supermax_TP_UOB/2020-07-06-story-h1509772900-Supermax_Corporation_Berhad_UOB_TP_RM_17_60_Shine_bright_like_a_diamond.jsp

Means Kossan is gonna fly too !!!

Apple1234

853 posts

Posted by Apple1234 > 2020-07-06 22:36 | Report Abuse

You should focus is how good the results Kossan will announced not Kossan will follow go up or not. If result cant meet market expectations Kossan will drop like hell.

chtan33

242 posts

Posted by chtan33 > 2020-07-06 23:05 | Report Abuse

easily n conservatively 15/=

Aramco

1,560 posts

Posted by Aramco > 2020-07-06 23:08 | Report Abuse

RE: Analysis

Despite this it doesn’t means that we’re not interested in other glove counters, it is however we had manage to receive more information on the above 2 companies compared to others as such we are more keen in going with what we CONFIRMED than speculations as we can see from other smaller players which reported a somewhat under expected results.



We’re quite sure the ASP of the above 2 companies is now already at least 100% or more since April 2020, and are still in the rise especially since their orders have been confirmed till year 2021.



Vaccine is still the major concern for the gloves industry as it may spell an end to the COVID-19 pandemic however medical experts have already informed that the earliest possibility of vaccine will be by next year.


Given this I strongly believe the trend of glove movement is still intact given the recent corrections in the chart and especially when all big 4 gloves companies have now entered into their newest high prices as per our prediction forming a new higher high for the uptrend patterns.

MUST READ :
************
*Note : Im holding Supermx as well, I believe it will be the company with the largest share price increase in 2020
(The average selling price of Supermx is the highest in the industry)
06/07/2020 10:57 PM

merck Aramco.
Agreed with your message

MUST READ :
************
*Note : Im holding Supermx as well, I believe it will be the company with the largest share price increase in 2020
(The average selling price of Supermx is the highest in the industry)
06/07/2020 11:06 PM

gladiator

667 posts

Posted by gladiator > 2020-07-07 00:38 | Report Abuse

Kossan boss finally wake up that they will drop to Top 4 soon, finally decided expansion to stay on top 3. When the announcement come on number of glove plan to produce from the new factory the goreng will come.

mf

28,187 posts

Posted by mf > 2020-07-07 05:19 |

Post removed.Why?

azee

78 posts

Posted by azee > 2020-07-07 07:59 | Report Abuse

Kossan buys property from CBIP for RM40m to facilitate production expansion

Rakuten88

170 posts

Posted by Rakuten88 > 2020-07-07 08:50 | Report Abuse

Kossan steady go up

mf

28,187 posts

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

tp 11.20

calvintaneng

55,190 posts

Posted by calvintaneng > 2020-07-07 09:10 | Report Abuse

Very good morning

Kossan crossed Rm11 to new record this morning

Will go higher so hold tight

Titanwang

17 posts

Posted by Titanwang > 2020-07-07 09:16 | Report Abuse

RHB TP $13.

Sami_Value

430 posts

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

take partial profit

Dakewlest

1,754 posts

Posted by Dakewlest > 2020-07-07 10:11 | Report Abuse

Can reach 12? Before next quarter?

Markv572421

3,306 posts

Posted by Markv572421 > 2020-07-07 11:01 | Report Abuse

stupid kossan ....i just bought at 10.82 ........drop to 10.74 ...

chshzhd

1,908 posts

Posted by chshzhd > 2020-07-07 11:21 | Report Abuse

kossan stupid, investors must be wise :)))

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2020-07-07 11:28 | Report Abuse

Genting kaki all in Lol

Frank Tan

533 posts

Posted by Frank Tan > 2020-07-07 11:43 | Report Abuse

Source : KENANGA
Stock : KOSSAN Price Target : 14.00 | Price Call : BUY
Last Price : 10.86 | Upside/Downside : +3.14 (28.91%)

gloveharicut

1,067 posts

Posted by gloveharicut > 2020-07-07 11:49 | Report Abuse

HLIB: There are still legs to GLOVE rally and it is only in midst of a rerating https://klse.i3investor.com/blogs/gloveharicut/2020-07-07-story-h1509796154-RM57b_poured_into_these_seven_glove_stocks_since_March.jsp

Nazif

77 posts

Posted by Nazif > 2020-07-07 11:59 | Report Abuse

berdiri atas tak ada 10 ringgit masalah

gladiator

667 posts

Posted by gladiator > 2020-07-07 11:59 | Report Abuse

Remember Kossan expansion plan has yet to be announce. How many gloves will produce in the new factory? How long it takes to setup the machinery in new factory? They also have plan to buy land build factory. All this not yet factor into the share price once the plan announce those IB will put a new target price on Kossan and the goreng will start.

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