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

28,252,800


19 people like this.

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

chonloo13

59 posts

Posted by chonloo13 > 2020-07-14 11:02 | Report Abuse

From 14.90 drop back haha

Posted by CoronaComment > 2020-07-14 11:03 | Report Abuse

any reason for the drop?

Posted by kakibulldogs > 2020-07-14 11:05 | Report Abuse

all glove counter stagnant, any reason?

God999

72 posts

Posted by God999 > 2020-07-14 11:07 | Report Abuse

Reliable source told me that share buying is happening within the company. The rest is up to you.

GOD999 has spoken!

niubility666

1,108 posts

Posted by niubility666 > 2020-07-14 11:08 | Report Abuse

to shake off panic seller.

Posted by RUBBERTAKPA > 2020-07-14 11:09 | Report Abuse

@god999 so buy now?

God999

72 posts

Posted by God999 > 2020-07-14 11:10 | Report Abuse

No influencing from me. Choice is yours. Im holding it anyway for my TP1 : 15, TP 2 : 18

Posted by HNWInvestor > 2020-07-14 11:21 | Report Abuse

why suddenly all gloves share slowing down after top price?

God999

72 posts

Posted by God999 > 2020-07-14 11:29 | Report Abuse

Slowdown after top price is normal. People collecting their profit. That's how it is everytime if you can read candle charts. If you see a wick at the top it means its gone up to that price and people(day traders) will collect their money. So in a day in essence it is a bull. Watch what happens in the afternoon. Like yesterday all counters shot up further. Anyhow its a bull market worth to hold.
As you can see its heading back up again

Posted by ongmingming > 2020-07-14 11:31 | Report Abuse

What is the target price of kossan?

God999

72 posts

Posted by God999 > 2020-07-14 11:40 | Report Abuse

https://klse.i3investor.com/blogs/ss2020_vaInv/2020-07-13-story-h15105...

Understand the magnitude and capability of Kossan.

It will continue along with all glove counters. Understand the magnitude of Kossan.

It is not dragging along but meant to follow steadily.

chshzhd

1,908 posts

Posted by chshzhd > 2020-07-14 11:53 | Report Abuse

yes expansion in tandem which is sustainable n professional ..

pang72

49,709 posts

Posted by pang72 > 2020-07-14 11:55 | Report Abuse

Kossan is chasing back to back againt Superman!!

18 mari

pang72

49,709 posts

Posted by pang72 > 2020-07-14 11:56 | Report Abuse

Kossan harta and Supermx shall be close to each other

pang72

49,709 posts

Posted by pang72 > 2020-07-14 11:57 | Report Abuse

Let the kossan daddy work harder

chshzhd

1,908 posts

Posted by chshzhd > 2020-07-14 12:03 | Report Abuse

agree with lim kuang sia : doing business is a kind of sustainable n value investment ..

chshzhd

1,908 posts

Posted by chshzhd > 2020-07-14 12:04 | Report Abuse

we as investors share the same value n philosophy ..

pang72

49,709 posts

Posted by pang72 > 2020-07-14 12:10 | Report Abuse

Supermax 17.5
Harta 18.5

Kossan 14.2

Come on...
Engine starts

joyvest

10,190 posts

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

kossan'e earning is much more than superm. there is no reason why kossan cant over take superm. kossan current price is cheap to buy as it current PE is 78 ....undervalued

buy call

pang72

49,709 posts

Posted by pang72 > 2020-07-14 12:15 | Report Abuse

Daddy kossan.. Fire lo..

pang72

49,709 posts

Posted by pang72 > 2020-07-14 12:16 | Report Abuse

Kossan will never beat Superman but goes closer

pang72

49,709 posts

Posted by pang72 > 2020-07-14 12:16 | Report Abuse

Superman is king of glove

joyvest

10,190 posts

Posted by joyvest > 2020-07-14 12:16 | Report Abuse

all in............

pang72

49,709 posts

Posted by pang72 > 2020-07-14 12:16 | Report Abuse

Kossan has no reason stop here. It must go higher

joyvest

10,190 posts

Posted by joyvest > 2020-07-14 12:23 | Report Abuse

yes.....

joyvest

10,190 posts

Posted by joyvest > 2020-07-14 12:25 | Report Abuse

kossan has more room to go higher...........its an insult to kossan as kossan is larger than superm in terms of everything.......

NIWV

424 posts

Posted by NIWV > 2020-07-14 12:25 | Report Abuse

I am happy to hold kossan tightly!

joyvest

10,190 posts

Posted by joyvest > 2020-07-14 12:29 | Report Abuse

yes... you spot on ............. it will catch up with superm

pang72

49,709 posts

Posted by pang72 > 2020-07-14 12:46 | Report Abuse

Superman is king of glove..
Kossan is son of glove..

So, no fight.. However it has to go up to 17 to close to king Supermx

pang72

49,709 posts

Posted by pang72 > 2020-07-14 12:48 | Report Abuse

So, rm3 earning again!! Why not?

Apple1234

853 posts

Posted by Apple1234 > 2020-07-14 13:17 | Report Abuse

Dont forget the big shark and small fish story. Big funds push up Kossan price and let small fish to buy. After that those big funds just can sell it to the small fish and switch money to good faudamental aggressive company like Supermax, Harta and Topglove. Remember, study deep the faudamental of company, maximize your profit.

calvintaneng

55,192 posts

Posted by calvintaneng > 2020-07-14 13:32 | Report Abuse

Maximize your profit?

That is the best advise today

Sit still and do nothing and let Kossan rise to match Supermax

Guo Shan must

Go over Rm15 mountain
Go over Rm16 mountain
Go over Rm17 mountain

Shake hands with Superman if he is still there at Rm17.54

Many happy returns

Warm regards
Calvin

Michael Kwok

6,262 posts

Posted by Michael Kwok > 2020-07-14 13:38 | Report Abuse

The bank must be sleeping.CiMB put rm 15 as TP.Please read mine and the bank.

https://klse.i3investor.com/servlets/ptres/55988.jsp

Posted by Michael Kwok > Jul 13, 2020 10:26 PM | Report Abuse X

I'm now talking about Kossan and Supermax gap should be near in rm 1-2 gap.So which own more return.The profit margin of Kossan should be higher and or the same.So why the gap so large.TP rm 18-rm 21(Best case snenario).Anything more should be a bonus.The coming financial result should know I'm telling the truth.


Michael Kwok
2249 posts
Posted by Michael Kwok > Jul 13, 2020 11:41 PM | Report Abuse X

You all are wrong.Supermax PE are near 100 if include this financial year.Kossan in PE 50 range if include this financial year.Before tht is Kossan PE 70 and Supermax PE 150.Kossan earning more thn Supermax(include revenue).Its strange.

Michael Kwok

6,262 posts

Posted by Michael Kwok > 2020-07-14 13:43 | Report Abuse

U see my statement on tht day.CimB only now TP 15.Im sure some banks will follow me with upgrade near or in my range TP soon.

https://klse.i3investor.com/servlets/ptres/55988.jsp

Kossan blog rm 9

Michael Kwok
1976 posts
Posted by Michael Kwok > May 29, 2020 7:49 PM | Report Abuse X

Im different with HLG.Along the way may have 7-12 percent correction.But I put TP rm 13-rm 15. Second half of 2020Nothing

amateurJR

2,366 posts

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

Uncle pang in Kossan. Haha I in supermx and Topglove. The counters Pang participates sure up one.

amateurJR

2,366 posts

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

@joyvest I start to like u coz the way u comment is much better than that Apple1234. The way Apple1234 commenting making himself looks like idiot.

amateurJR

2,366 posts

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

Stupid Apple1234 As topglove holders, we dont need you to promote topglove counter in this way

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

RHB raised KOSSAN target price to RM15.50
Date: 14/07/2020

Source : RHB-OSK
Stock : KOSSAN Price Target : 15.50 | Price Call : BUY
Last Price : 14.12 | Upside/Downside : +1.38 (9.77%)

Posted by bursaking9999 > 2020-07-14 14:38 | Report Abuse

Kossan and Supermx fighting

Cyrogx6

183 posts

Posted by Cyrogx6 > 2020-07-14 14:40 | Report Abuse

I dont believe Kossan will drop. TG ans Supermx already struggling to keep up with the world demand.. Time to Hoot KOSSAN apa lagi

Frank Tan

533 posts

Posted by Frank Tan > 2020-07-14 14:45 | Report Abuse

Enuf...Sold.Thank you Kossan.
All the best who still hold.

Posted by bignate2019 > 2020-07-14 14:56 | Report Abuse

In term of EPS Kossan is better than supermax and harta but in term of valuation Kossan still laggard, any reason?

Cyrogx6

183 posts

Posted by Cyrogx6 > 2020-07-14 14:57 | Report Abuse

bignate2019 take turns, Soon Kossan will fly nearing to QR

Posted by CatchThe Bull > 2020-07-14 15:17 | Report Abuse

RHB raised TOPGLOV TP RM28.88, Supermx TP RM18.88, sound like CNY shopping price. I'm doubt the analysts really do the study on it. But retailers seem like enjoying the party.

Posted by CoronaComment > 2020-07-14 15:28 | Report Abuse

Going down strong

Posted by Smart Beginners > 2020-07-14 15:49 | Report Abuse

people started taking profit. good luck

God999

72 posts

Posted by God999 > 2020-07-14 15:51 | Report Abuse

I've been telling you guys. Understand the magnitude and potential of Kossan. Im still holding. All the best to those who are panic selling! Im going to top up more.

https://klse.i3investor.com/blogs/ss2020_vaInv/2020-07-13-story-h15105

Don't listen to negative comments. Do research and learn for yourself

joyvest

10,190 posts

Posted by joyvest > 2020-07-14 15:51 | Report Abuse

kossan is undervalued . it wont drop but in fact it wants to catch up with superm cos kossan is larger than superm. it loses face if it doesnt catch up................buy

joyvest

10,190 posts

Posted by joyvest > 2020-07-14 15:53 | Report Abuse

market force has come back to kossan...............

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