KOSSAN RUBBER INDUSTRIES BHD
KLSE (MYR): KOSSAN (7153)
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Last Price
2.36
Today's Change
+0.07 (3.06%)
Day's Change
2.31 - 2.40
Trading Volume
10,457,800
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Unorthodox Analysis on Supermax Corporation Berhad as SUPER STOCK IN MAKING for year 2025
*TARGET PRICE : RM2.50*
Here are 10 main reasons why Supermax Corporation Berhad's share price may surge in 2025:
1. US Manufacturing Facility Commencement
Supermax's new manufacturing plant in the US is expected to begin operations in early 2025. With an initial production capacity of 2.4 billion gloves annually, it reduces dependency on exports and taps directly into the largest glove market. Full capacity is projected at 19.2 billion gloves.
2. Higher US Import Tariffs on Chinese Gloves
The US has imposed increasing tariffs on Chinese gloves:
50% in 2025
100% in 2026
This opens a massive opportunity for Malaysian glove producers like Supermax, as buyers seek alternative suppliers.
3. Improved Average Selling Prices (ASPs)
Global glove ASP trends are showing signs of recovery, forecasted to rise to US$21–US$22 per 1,000 pieces by late 2024 and 2025 due to increasing demand and rising costs.
4. Rebounding Global Demand for Gloves
The demand for gloves is projected to grow 8%–10% annually due to increasing hygiene awareness post-pandemic, rising healthcare spending, and infection control measures worldwide.
5. Weaker Malaysian Ringgit (Currency Advantage)
A weaker MYR against the USD benefits Supermax as exports generate foreign currency, boosting profitability and revenues.
6. Diversification into Developed Markets
Supermax’s expansion into Europe and North America mitigates risks associated with oversupply in Asian markets. The US plant reinforces direct relationships with customers.
7. Strong Balance Sheet and Cash Reserves
Supermax maintains a strong cash position that allows it to fund expansion, manage costs, and distribute dividends if necessary, improving investor confidence.
8. Glove Sector Recovery from Overcapacity
The global glove industry has faced overcapacity, but consolidation among competitors and steady demand growth are driving sector normalization, supporting higher ASPs and revenues.
9. Strategic Focus on ESG (Environmental, Social, and Governance)
Supermax’s focus on sustainable practices, including energy-efficient production and ethical labor compliance, attracts long-term institutional investors prioritizing ESG-compliant companies.
10. Improved Sentiment for Malaysian Glove Stocks
Malaysian glove stocks, including Supermax, are benefiting from renewed investor interest, driven by:
Recovery in demand
Improved sector outlook
Positive macroeconomic policies
1 month ago
No need to worry about raw material shortage
https://www.nst.com.my/business/corporate/2024/12/1149291/malaysia-thailand-ink-mou-sustainable-rubber-production-johari
1 month ago
June: WHO issues warning on bird flu spread
June: World Health Organization chief Tedros Adhanom Ghebreyesus said during a press briefing last week Monday that 'the number of affected dairy herds has almost tripled to 92 in 12 states'.
4 weeks ago
MULTIPLE PROPOSALS SUPERMAX CORPORATION BERHAD ("SCB" OR THE "COMPANY") I. PROPOSED BONUS ISSUE OF SHARES; AND II. PROPOSED BONUS ISSUE OF WARRANTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
SUPERMAX CORPORATION BERHAD
Type Announcement
Subject MULTIPLE PROPOSALS
Description SUPERMAX CORPORATION BERHAD ("SCB" OR THE "COMPANY")
I. PROPOSED BONUS ISSUE OF SHARES; AND
II. PROPOSED BONUS ISSUE OF WARRANTS
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcement in relation to the Proposals.
We refer to the earlier announcement dated 18 December 2024 in relation to the Proposals.
On behalf of the Board, UOBKH wishes to announce that the listing application in relation to the Proposals has been submitted to Bursa Malaysia Securities Berhad on 19 December 2024.
This announcement is dated 19 December 2024.
4 weeks ago
Emergency flu admissions to hospitals DOUBLE in just one week
Story by Claire Elliot For The Scottish Daily Mail • 4h • 2 min read
3 weeks ago
Ytl , ytlpwr , ranhill , vstec = Malaysia DC King in future ! No need to attack because US n Europe already stock pile many gloves for future 4 years , 20 % tariff on Malaysia glove will make glove companies loss money again ! Hot money all move to MALAYSIA DC KING IN FUTURE !
3 weeks ago
Bird Flu in USA ... state of emergency in California and Louisiana
https://www.usatoday.com/story/news/health/2024/12/18/bird-flu-cows-dairy-person-infected/76989489007/
3 weeks ago
Phillip Capital Research has “buy” calls on Hartalega and Kossan, with a target price (TP) of RM4.55 per share and a higher TP of RM3.15, respectively, given their strong balance sheets and ability to deliver robust operating leverage in a recovering environment.
3 weeks ago
I guess shorties are slowly buying the stock back to cover the position, or else they will be burnt until no pants
3 weeks ago
SUPERMAX VERSUS TOPGLOVE, KOSSAN & HARTA, Compare & Contrast, By Calviun Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-12-27-story-h496893176-SUPERMAX_VERSUS_TOPGLOVE_KOSSAN_HARTA_Compare_Contrast_By_Calviun_Tan
2 weeks ago
Found a 2nd Stock Prediction by Lily Lee who previously make a 100% accurate on MMC Corporation Berhad under YouTube channel ( MMC Corporation Berhad @ Super Stock )
By Lily Lee ;
SUPERMAX CORPORATION BERHAD Could Be a Super Stock in 2025
1. U.S. Expansion: Supermax's Texas facility, starting in January 2025, will strengthen domestic glove production in the U.S., reducing import reliance and boosting supply chain resilience.
2. Capacity Growth: Phase 1 adds 2.4 billion gloves annually, scaling to 19.2 billion across four phases, capturing a larger U.S. market share.
3. Favorable Trade Policies: U.S. tariffs on Chinese gloves (50% in 2025, 100% in 2026) create a supply gap that Supermax is well-positioned to fill.
4. Global Demand Recovery: A 15% annual increase in glove demand, driven by hygiene awareness, is expected to restore demand-supply balance.
5. Improved Financials: A 26% YoY revenue growth in Q1 FY2025 signals recovery, with U.S. operations set to drive profitability.
6. Strategic Expansion: Projects like Glove City and Supermax Business Park enhance long-term growth and production capacity.
7. Analyst Confidence: 'BUY' ratings with optimistic target prices reflect confidence in Supermax's growth strategy.
8. Enhanced ESG Compliance: Resolved labor issues and ESG improvements strengthen its reputation and appeal to investors.
9. Strong Cash Position: With RM1.16 billion cash and minimal debt, Supermax is well-equipped to fund expansions and overcome challenges.
10. Market Valuation: Resilient stock performance reflects investor confidence, with room for further appreciation due to strategic moves.
11. Asset Revaluation Potential: NTA at RM1.63, but asset revaluation (e.g., U.S. landbank) could exceed RM4.
12. Currency Advantage: A stronger USD benefits Supermax through increased export margins.
13. Based on current fund movement , foreign fund keep accumulating at Supermax stock (good signal)
2 weeks ago
Public health agencies across Europe are warning of the alarming spread of a new COVID strain that's threatening the continent. Called the XEC variant, the virus has already been detected in at least 11 European nations. It's also been identified beyond the EU, in countries that include Canada and the United States. While scientists are busily working to understand more about this latest COVID mutation, populations are being urged to get tested and request vaccinations.https://www.starsinsider.com/health/769174/new-covid-strain-threatens-europe-the-us-and-beyond
2 weeks ago
The symptoms similar to Omicron so consider "mild". Look more into bird flu. Food preparation on chickens will require gloves. Also slaughter on the animal.
2 weeks ago
When big buyers buy, their volume suppressed the price. Weak hands let go.
But sometimes I think they manipulate the price. For example, sell 10,000 shares at low price to trigger panic. And buy back 100,000 shares at lower price.
1 week ago
EPF just bcome substantial holder again. Lets see the volume they trade in an announcement.
1 week ago
US suffers first H5N1 bird flu death dubbed 'biggest pandemic threat'
Story by Sadie Whitelocks For Dailymail.com • 5h
https://www.msn.com/en-my/news/other/us-suffers-first-h5n1-bird-flu-death-dubbed-biggest-pandemic-threat/ss-AA1x629V?ocid=msedgntp&pc=U531&cvid=6d136787ce68403c9000d7376ec1c500&ei=11
1 week ago
7153 KOSSAN, KOSSAN RUBBER INDUSTRIES BHD - +
Notice of Interest Sub. S-hldr (Section 137 of CA 2016)
7 Jan 2025, 17:19
Particular of Securities Shareholder
Name EMPLOYEES PROVIDENT FUND BOARD
Address 5TH FLOOR, EPF TOWER, NO. 1, PERSIARAN KWASA UTAMA, 40150 SHAH ALAM
Selangor Malaysia
NRIC/Passport No/Company No EPF ACT 1991
Nationality/Country of Incorporation Malaysia
Descriptions (Class & Nominal Value) ORDINARY SHARES
Name & Address of Registered Holder You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com
Acqusition Detail
Acquired Date 3 Jan 2025
Acquired Reason
ACQUISITION OF SHARES
Transaction Detail
Transaction Type Date of Change No of Securities Price Transacted (RM)
Acquired 2 Jan 2025 2,410,800 0.000
No of Securities after Change
Direct Interest (units) 129,318,800
Direct Interest (%) 5.068
Remarks You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
1 week ago
Actually, there's a smaller glovemaker in Malaysia that is more profitable than Harta, Topglove and Kossan combined.
Yes, you heard it right- COMBINED
The company is called Riverstone, listed in Singapore stock exchange.
1 week ago
2025-01-08
Insider
EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 2,189,200 shares on 03-Jan-2025.
2025-01-08
Insider
EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 2,000,000 shares on 03-Jan-2025.
2025-01-08
Insider
EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 1,000,000 shares on 03-Jan-2025.
1 week ago
This is the statement that down the stock in the news:
https://www.thestar.com.my/business/business-news/2025/01/09/stronger-earnings-on-the-horizon-for-top-glove
"However, the group expects flattish sales volume in January and February due to the front-loading effects of the US customers purchasing from Chinese glove makers before the imposition of a 50% tariff effective this month compared with a 8% to 10% month-on-month (m-o-m) growth in November and December 2024."
Lets say this is true, it still doesn't matter for long term investors. We will see better results after Q1-25. However, I still anticipate improving results coming from Q4-24 and Q1-25. On the basis that US buyer do fear order and delivery time lag may cross into 2025 and ended with tariff impose upon arrival. 50% is a big gamble for delivery before 2025.
And on "front-loading" effect. C'mon it's not like US buyers have INFINITE amount of cash to just order 20% or even more. They order base on demand, storage capacity and cashflow because glove is NOT gonna run-out. They still can order from Msia gloves. So the only factor is pricing. Again, glove being a narrow margin product, would China be selling close to cost price or you would rather sell SLIGHTLY lower ASP to secure SLIGHTLY higher volume. SLIGHTLY lower ASP will definitely NOT secure a MUCH higher volume. This is NOT a LELONG scenario where China glove gonna close shop. This is a scenario where "this is the last chance I make money from US" so I try to make as much as I can.... either HIGHER ASP or HIGHER VOLUME. So with this opposing factors cancel each other out, the "front-loading" effect is insignificant.
Since we establish ASP to be SLIGHTLY lower, the biggest gamble is 50% tariff in 2025. I believe in Nov and Dec, most US buyers already placed their order with Msia glove makers. Safest route is to order from Msia or Thailand. 50% tariff or SLIGHTLY lower ASP? This is a no brainer.
1 week ago
Correction:
And on "front-loading" effect. C'mon it's not like US buyers have INFINITE amount of cash to just order 20% more* or even more (than normal order)*.
1 week ago
Asia stocks sink on hawkish Fed jitters, weak China inflationInvesting.com- Most Asian stocks fell on Thursday amid increasing conviction that U.S. interest rates will fall at a slower pace this year, while weak inflatio
1 week ago
Fear in US rising inflation is good for Kossan and Harta because the export to US for higher USD. The drop in glove is bcoz the statement made in the Star newspaper by Topglv as state above.
Higher inflation = FED increase rate = higher USD
1 week ago
And I can't believe a Topglove executive can make such dumb statement in the press. 🙄
https://www.thestar.com.my/business/business-news/2025/01/09/stronger-earnings-on-the-horizon-for-top-glove
1 week ago
I see DXY (Dollar index) hovering near 109. USD is strong. Good case for Kossan and Harta
1 week ago
Share comment I posted in Harta:
@YourQuirkyWays29
I believe there is no "pre-load" per say. Even if there is a "pre-load", the volume is insignificant. For the sake of getting SLIGHTLY cheaper price, US buyers order 20% more and gamble delivery cross into 2025? No-lah. ... Just order like normal base on US demand and their cash flow from Msia is the safest route. So I'm saying Chinese market share in US is flowing to Msia.
The 50%(2025) and 100% (2026) is pretty much secured by Biden. Does Trump has the power to blanket a 10% tariff on US imports? I'm not sure. I did some research and there's no definite answer. So lets assume Trump has the power... he proposed 60% in all China import and 10% on all other imports. So net is still 50% tariff on China when comes to gloves. Hence in this case, US buyers will pre-load with Msia orders for this reason to avoid the 10% tariff.
Assuming there's pre-loading from Msia gloves. Is that a problem for us long term investors? There could be a spike for Msia order in Dec & Jan then drop in Feb and March ... so what? It evens out.
1 week ago
From the article:
https://www.thestar.com.my/business/business-news/2025/01/10/glovemakers-to-gain-from-trade-diversion-in-us
The research house, which downgraded the rubber product sector to “neutral”, pointed out that Malaysia’s glove export volumes had declined 11% month-on-month (m-o-m) in November 2024.
In comparison, China’s glove export volumes grew 3% m-o-m.
“The US October 2024 order volumes surpassed the pre-pandemic two-year average monthly orders by 50%,” it said.
So why October? Because it takes 1 to 1.5 months travel from port to port. This does not include manufacturing time. So frontloading was in Oct which makes Nov & Dec a no-order-zone for China's gloves. Since frontloading was in Oct, less order comes in Nov due to "oversupply" for the month of Oct. I still believe in Dec there's significant order with Nov only drop by 11% m-o-m.
Just analyzing the data, we should see significant order for Q1-25. This frontloading factor does not apply in Q1-25.
6 days ago
Slowdown in US interest rate cuts is a good thing for gloves. Keeps USD high.
Due to report of improving employment in US means US economy is resilient, market expect lesser rate cut.
Expectation of Trumps tariff will cause inflation in US = rate high = USD high.
All are good news for Msia gloves.
3 days ago
Okay to top up. Ppi is at 0.2 vs 0.4, cpi expected to be at <0.4. US inflation is under control and it's economy is strong. Us bond yield will stabilise after this week. Klse is over reacting. Opportunity to buy
1 day ago
Another Msia market concern is BNM may increase OPR. But for cash rich and low debt like Kossan, this shouldn't be an issue.
1 day ago
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