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

28,252,300


19 people like this.

15,962 comment(s). Last comment by KimSua 1 hour ago

rahman89

63 posts

Posted by rahman89 > 2020-07-14 06:26 | Report Abuse

one things kossan shareholders dont need to panic.. any drop in stock market caused by market sentiment Kossan Share will maintain or decrease slowly compare to other counters.. cheer up team.. Kossan is Steady.. no worries..

joyvest

10,190 posts

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

To my observation,kossan is quite steady.it doesn't go up a lot or go up a lot..current PE is only 70 as compared to 150 of superm.there is more room for appreciation of kossan sharre.furthermore kossan earning is much more than that of superm.hence,kossan is undervalued.

In a nutshell,buy call

chshzhd

1,908 posts

Posted by chshzhd > 2020-07-14 08:37 | Report Abuse

@apple already deep deep study .. kossan still much professional n better than supermx :)

Posted by CoronaComment > 2020-07-14 09:17 | Report Abuse

Up up up kossan, rm14 today pls

Apple1234

853 posts

Posted by Apple1234 > 2020-07-14 09:32 | Report Abuse

Chshzhd: than you keep hypnosis yourself, continue become poor ppl. This is your choice, no people will force you.

Apple1234

853 posts

Posted by Apple1234 > 2020-07-14 09:33 | Report Abuse

If a people stupid nvm, but if the people stupid and don't want to learn than no help already.

Apple391

41 posts

Posted by Apple391 > 2020-07-14 09:38 | Report Abuse

an apple to an apple. i have both supermax and kossan. i dont see u comment in supermax group. some like steady counter kossan .up when others down. up also when other up. just keep your mouth shut and let other decide..non of your problem

newfree

1 posts

Posted by newfree > 2020-07-14 09:44 | Report Abuse

what happen to Kossan C10?

chshzhd

1,908 posts

Posted by chshzhd > 2020-07-14 09:50 | Report Abuse

@apple1234 i m a winner all the time in share market:)
i earn big money in past 10 years:)

chshzhd

1,908 posts

Posted by chshzhd > 2020-07-14 09:52 | Report Abuse

i trust kossan boss, he is pro n professionalism is most important for a company:)

Posted by CakapSohaiThings > 2020-07-14 09:55 | Report Abuse

I guess investment bankers made a fortune from this bull run. Banks QR will be better than expected.

calvintaneng

55,192 posts

Posted by calvintaneng > 2020-07-14 09:57 | Report Abuse

TOP GLOVE EXPANSION FOR TWO YEARS

10 NEW FACTORIES

SUPERMAX

4 NEW FACTORIES

KOSSAN

BOUGHT ADJOINING LAND FROM CBIP TO START GLOVE MANUFACTURES IMMEDIATELY

SRI TRANG THAILAND IPO FOR EXPANSION

RUBBEREX NEW 1 BILLION EXAM GLOVES

ALL NEED MORE

1) HAND MOLDS FROM ES_CERAMIC
https://www.youtube.com/watch?v=1-uH0KmgU_o

2) GLOVE HAND DIPPER LINES FROM HLT GLOBAL
https://www.hladvance.com/gloves-dipping-technology

mf

28,187 posts

Posted by mf > 2020-07-14 10:00 |

Post removed.Why?

mf

28,187 posts

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

13-Jul-2020 Price Target CIMB raised KOSSAN target price to RM15
Source : CIMB, Price Call : BUY, Price Target : 15.00
Last Price : 13.18, Upside/Downside : +1.82(13.81%)

troy88

2,912 posts

Posted by troy88 > 2020-07-14 10:02 | Report Abuse

Finally wake up. Good show by Kossan this morning.

Posted by Ir Fan Ting > 2020-07-14 10:02 | Report Abuse

AFTER HARTA MOVE,THEN TOP GLOVE, FOLLOWED BY SUPERMAX NOW ITS KOSSAN TURN

newbutold

52 posts

Posted by newbutold > 2020-07-14 10:04 | Report Abuse

kossan day today

mf

28,187 posts

Posted by mf > 2020-07-14 10:07 |

Post removed.Why?

mf

28,187 posts

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

tp 1: 13.62

mf

28,187 posts

Posted by mf > 2020-07-14 10:09 | Report Abuse

tp 13.62 done

Posted by CoronaComment > 2020-07-14 10:09 | Report Abuse

Such a calm movement.

mf

28,187 posts

Posted by mf > 2020-07-14 10:09 | Report Abuse

tp 2: 13.80

NewOnRoad

15 posts

Posted by NewOnRoad > 2020-07-14 10:11 | Report Abuse

rocket to the moon

chonloo13

59 posts

Posted by chonloo13 > 2020-07-14 10:11 | Report Abuse

Managed to grab 10 lot in the morning @ 13.14....happy..

Eddiesan

133 posts

Posted by Eddiesan > 2020-07-14 10:11 | Report Abuse

Theres a reason why Kossan and Harta not moving much like Top glove and Supermx . Yes the calculation might be accurate but maybe you all have missed something that caused the price laggard ..

mf

28,187 posts

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

tp 2: 13.80

mf

28,187 posts

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

tp 2: 13.80 done

troy88

2,912 posts

Posted by troy88 > 2020-07-14 10:14 | Report Abuse

Good thing I topped up a bit yesterday. It's one of the Big 4 so no worries it will come good.

mf

28,187 posts

Posted by mf > 2020-07-14 10:16 | Report Abuse

tp 3: 14.10

mf

28,187 posts

Posted by mf > 2020-07-14 10:18 | Report Abuse

14.10 all tp done-rest

chshzhd

1,908 posts

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

kossan don be shy .. you deserved it :)

troy88

2,912 posts

Posted by troy88 > 2020-07-14 10:20 | Report Abuse

Wow, Kossan angry Supermax getting all the limelight and put on a strong comeback today. Well done Kossan.

Smart2Win

126 posts

Posted by Smart2Win > 2020-07-14 10:24 | Report Abuse

Seems that Kossan wants to take back its 3rd position from Supermx.

Posted by bursaking9999 > 2020-07-14 10:24 | Report Abuse

Kossan is fcuking angry now!!!!!!!!!

Zarcan

114 posts

Posted by Zarcan > 2020-07-14 10:24 | Report Abuse

wow, Kossan super power now. Quality of old car still better than new 1

Posted by bursaking9999 > 2020-07-14 10:25 | Report Abuse

Kossan is skyrocketing sky is no limit

Apple391

41 posts

Posted by Apple391 > 2020-07-14 10:29 | Report Abuse

yesterday 12.70 closing feels like a distant memory now.

NewOnRoad

15 posts

Posted by NewOnRoad > 2020-07-14 10:29 | Report Abuse

keep going kossan!

Posted by CoronaComment > 2020-07-14 10:32 | Report Abuse

dropping sad sad sad

Hong1001

30 posts

Posted by Hong1001 > 2020-07-14 10:41 | Report Abuse

can buy in now kossan?

pang72

49,709 posts

Posted by pang72 > 2020-07-14 10:44 | Report Abuse

Mama mio!!

Kossan daddy mari..

pang72

49,709 posts

Posted by pang72 > 2020-07-14 10:44 | Report Abuse

The most lagged glove counter does price adjustment to in pare with big 4

pang72

49,709 posts

Posted by pang72 > 2020-07-14 10:45 | Report Abuse

Daddy kossan pecah bumbung time!!

Posted by HNWInvestor > 2020-07-14 10:46 | Report Abuse

kossan turbo power on, too bad, i sell all on Monday :(

chshzhd

1,908 posts

Posted by chshzhd > 2020-07-14 10:47 | Report Abuse

@Apple391=good apple:))

Posted by kakibulldogs > 2020-07-14 10:47 | Report Abuse

wtf i sold in morning 13.xx T_T

calvintaneng

55,192 posts

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

Posted by Apple391 > Jul 14, 2020 10:29 AM | Report Abuse

yesterday 12.70 closing feels like a distant memory now.

YOU ARE THE GOOD APPLE

Where is the bad apple gone?

Posted by Fabien "The Efficient Capital Allocater" > 2020-07-14 10:48 | Report Abuse

buy laggards have proven right

i have sold my positions

remember the no.1 rule, don't lose money, unrealised gains can be evaporated in an instant

trade carefully



Fabien "The Efficient Capital Allocater" Irregardless, i view Kossan as a laggard play.

In terms of forward valuation, it is the cheapest now. 1 year forward projected earnings growth is quite similar to Supermax based on consensus view, but earnings multiple is half of Supermax though i do note that Supermax is anticipated to record higher growth in the second year. So in terms of 2 year forward, Supermax is on par with Kossan. But the disparity can be seen in terms of P/BV, Kossan is much cheaper vis-a-vis ROE in comparison to Supermax.

If the consensus is right, i believe Kossan has more upside potential at current valuation.
13/07/2020 8:07 PM

Mr_Kiah

70 posts

Posted by Mr_Kiah > 2020-07-14 10:53 | Report Abuse

Giant awaken

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