Posted by DanielT > 2020-07-10 12:19 | Report Abuse

Guys, Do u think they will press down the price for top 4 except supermax as cw is expiring near end of July?shiuld hold until qr out?

Posted by chshzhd > 2020-07-10 12:24 | Report Abuse

one more about share split/bonus issue, boss says will do it when it is time , company had done it many times.

Posted by Jokers2020 > 2020-07-10 12:26 | Report Abuse

Deadlier Than COVID-19: China Warns Of 'Unknown Pneumonia' Affecting Kazakhstan https://newswav.com/A2007_QXsXeZ?s=A_1p39iHM

Posted by Gabriel Khoo > 2020-07-10 12:34 | Report Abuse

Seem like next year capacity will up more than analyst expected...looking forward their new tp...likely tp revised to 15.5

Posted by Frank Tan > 2020-07-10 12:36 | Report Abuse

+5% for april to june....that mean coming QR so so only...

Posted by JohnT1223 > 2020-07-10 12:37 | Report Abuse

Company got reserve capacity for spot order?

Posted by Gabriel Khoo > 2020-07-10 12:38 | Report Abuse

All this while they said 15 to 20%...stock price for next 6 months earnings...not now

Posted by Gabriel Khoo > 2020-07-10 12:38 | Report Abuse

For spot order*

Posted by Gabriel Khoo > 2020-07-10 12:39 | Report Abuse

Remember kossan has been laggard in q2 of share price performance? Boc slower in hking the asp

Posted by manegto > 2020-07-10 12:48 | Report Abuse

Harta will be reporting Q result as early as 1st week of august.There is no time to rest for top BIG 4 ...only a week or 2 to countdown....this 2 weeks is crucial for them to push up their share price...until then it will explode in time

Posted by Chanzeryl > 2020-07-10 12:48 | Report Abuse

More steam

Posted by Kim > 2020-07-10 12:53 | Report Abuse

Still not too late =)

Long journey .. Good luck!

Posted by troy88 > 2020-07-10 12:55 | Report Abuse

I hear you Kim. Topped up this morning for the long haul.

Posted by BlessedInvestor > 2023-12-19 21:10 | Report Abuse

any news from AGM? Kossan is OEM like comfort, it does not have much pricing power unlike Supermax. Should consider to switch to supermax as kossan increase in share price not so justify. Worry after quarterly result announced later, price will fall a lot... Just be careful.

Posted by manegto > 2020-07-10 12:59 | Report Abuse

Ppl buy low have no reason to wori

Posted by chshzhd > 2020-07-10 13:12 | Report Abuse

#KossanAGM
＃感恩WongWL无私的分享

Some highlights:

#学员出席Kossan的重点

#Capacity was increase from 85% to close to 95%
#ASP in Q2 didn't increase much to take care of existing customer
#ASP in Q3 and Q4 will increase ranging from 15% - 20% (industry practicing general 20% - 30% increase)
#Raw material cost was in a lower range for sometime, there's a sign of increase in raw material, but likely to pass on to consumer
#Product mix:
~80%:20% medical : non medical
~80%:20% Nitrite : Latex
~90%:10% OEM : OBM
# Plant 19 is ready in July/August 2020
# Upcoming expansion in 2 stages, up to 5 billion
# Expansion plan in Bidor is as per schedule
# Purchase a land from CBIP as it's next to current piece of land - able to put into production if required

# Dividend policy remain at minimum 30%, shareholder will receive more dividend as the company is performing well this year.

Posted by BlessedInvestor > 2020-07-19 13:21 | Report Abuse

Thank you for sharing. This mean price not increase as much as expected. OEM is just a manufacturer, price increase not benefiting kossan a lot, just like Comfort.

Posted by gladiator > 2020-07-10 13:23 | Report Abuse

Thanks for sharing

Posted by uncle988 > 2020-07-10 13:26 | Report Abuse

#ASP in Q2 didn't increase much to take care of existing customer

Question:
Means that the Q2 profit is not that convincing compare to TG and Supermax?

Posted by KenichiLee > 2020-07-10 13:27 | Report Abuse

opps. means pancut already

Posted by Gabriel Khoo > 2020-07-10 13:29 | Report Abuse

kossan has been laggard all this while due to slow increase in asp...stock price is for next 6 months earnings...wake up liao guys

Posted by Havoc27 > 2020-07-10 13:47 | Report Abuse

i am a newbie here. can someone tell me y one should consider buying kossan's main mother stock when the warrants are still cheap? i hope i get reply. thanks in advance.

Posted by Apple1234 > 2020-07-10 13:54 | Report Abuse

Later i think kossan share price will drop. Agm, ASP in quarter 2 didn't increase much to take care existing customer. Quarter 3 and Quarter 4 will increase 15%-20%. Already say, share price up must have market expectations result support. Be smart investor.

Posted by Apple1234 > 2020-07-10 13:55 | Report Abuse

Only focus on Top 3 glove company Topglove, Harta and Supermax, as i already told before many times. Be smart investor.

Posted by petramaises > 2020-07-10 14:00 | Report Abuse

after this kossan's price movement will be similar to comfort.. up slowly. good but not that good

Posted by Apple1234 > 2020-07-10 14:01 | Report Abuse

Kossan share price up is purely depend of glove trend, it dont have market expectations result support. Share price will drop when result announced. Be smart.

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

Ok lah.....sell next week

Posted by Apple1234 > 2020-07-10 14:03 | Report Abuse

Petramaises: yes, but still many people cant accept the facts. Still write the blog without any point.

Posted by JBond007 > 2020-07-10 14:05 | Report Abuse

Sell Kossan & buy Supermax

Posted by Apple1234 > 2020-07-10 14:06 | Report Abuse

Only focus on Topglove, Harta and Supermax.

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

@Apple1234 yes. was holding comfort more than supermx b4 comfort agm. After agm, i immediately move comfort to supermx

Posted by Apple1234 > 2020-07-10 14:08 | Report Abuse

Before i keep telling you guys truth, but no people wanna accept facts. A smart investor must know how to maximize your profit.

Posted by Apple1234 > 2020-07-10 14:10 | Report Abuse

And keep writing target price RM15 to RM20, how? Rm15 also need market expectations result support right? Kossan now is most expensive glove stock because he cant improve much like Supermax, Harta and Topglove.

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

Back then Kossan dipped to below 8.00, so I sapu lah

Posted by petramaises > 2020-07-10 14:12 | Report Abuse

i think would not dip to 8. will still increase in price because demand still there & asp is rising....just slow onli

Posted by EngineeringProfit > 2020-07-10 14:13 | Report Abuse

Is ok...still got other Big glove to huat

Posted by Rakuten88 > 2020-07-10 14:15 | Report Abuse

Apple enough la stop promoting your counters here. Kossan steady counter.. Soon will pancung your supermax. Too many bilis in your supermax.. Kwsp fund managers are definitely smarter than you. Why they buy kossan and not supermax? Please fck off from this group

Posted by Lukey_Greek > 2020-07-10 14:19 | Report Abuse

Just some points to add:
1) Plan 19 will be completed in end July/ August 20. Production will up by 15% to 20%,
2) Material for nitrile glove, ie. butadiene is at historical low in Jun, in tandem with the raw material (petroleum) price, and will slowly rebound,
3) The new plant purchased next door in Klang will be splited in 2 phases (5 billion pieces), & should contribute to production as early as end of this year (1st phase of 6 production lines out of 16), by tapping on their factory's infrastructure.

Posted by Apple1234 > 2020-07-10 14:31 | Report Abuse

Rakuten88: become smart investor, accept the facts. Refute me with data and logic information. Be smart investor you just will financial freedom.

Posted by Lukey_Greek > 2020-07-10 14:31 | Report Abuse

Top glove last quarter result ended May 20 also only up 5% ASP. This mainly due to earlier order prior to the peak of the Covide in end of Mar/ Apr (order lead time of 45 - 60 days pre-Covid). The result is already good enough. :-)

Posted by Apple1234 > 2020-07-10 14:34 | Report Abuse

Lukey: the result will improve much is because the selling price. Harta, Topglove and Supermax second half also have new plant complete. Why as smart investors dont focus on big 3?

Posted by Apple1234 > 2020-07-10 14:34 | Report Abuse

Accpet the fact!!!

Posted by Rakuten88 > 2020-07-10 14:35 | Report Abuse

Apple1234 become smart by not asking ppl to follow your lousy ideas and own research. You think u are smarter than epf fund managers? Why go every counter and talk bad and promo your counter. Shut your mouth and be in your counter

Posted by DanielT > 2020-07-10 14:39 | Report Abuse

If u notice, kossan is doing it for long term business, unlike supermx who’s benefit from this pandemic, but after the pandemic, who will buy the expensive gloves from them? How long supermx can sustain the result with their obm gloves?In long term, which one is better?judge it yourself, think about it

Posted by CoronaComment > 2020-07-10 14:39 | Report Abuse

time for kossan to shine.

Posted by tallman > 2020-07-10 14:40 | Report Abuse

assume next quarter result eps=5, total eps=18.6, PE=12.6/18.6=67.7. still the cheaper among big 4

Posted by tallman > 2020-07-10 14:43 | Report Abuse

i didnt hold/buy any kossan

Posted by Rakuten88 > 2020-07-10 14:48 | Report Abuse

Kossan will outperform. Supermax too many sharks buy call. Ltr they will chao and you will be burried there. Kossan not many retailers. Mostly instituitional. Trust me they know what they are doing.

Posted by Apple1234 > 2020-07-10 14:49 | Report Abuse

Tallman: you are right. Become smart investor.

Posted by DanielT > 2020-07-10 14:49 | Report Abuse

Yes Rakuten88, I totally agree with you.