KOSSAN RUBBER INDUSTRIES BHD
KLSE (MYR): KOSSAN (7153)
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Last Price
2.73
Today's Change
-0.01 (0.36%)
Day's Change
2.69 - 2.76
Trading Volume
6,350,100
Financial
Market Cap
Market Cap
6,983 Million
NOSH
2,558 Million
Latest Quarter
Latest Quarter
30-Sep-2024 [#3]
Announcement Date
15-Nov-2024
Next Quarter
31-Dec-2024
Est. Ann. Date
22-Feb-2025
Est. Ann. Due Date
01-Mar-2025
QoQ | YoY
-6.08% | -28.15%
T4Q Result
Revenue | NP to SH
1,789,072.000 | 93,038.000
RPS | P/RPS
69.94 Cent | 3.90
EPS | P/E | EY
3.64 Cent | 75.06 | 1.33%
DPS | DY | Payout %
2.07 Cent | 0.76% | 57.05%
NAPS | P/NAPS
1.50 | 1.82
QoQ | YoY
-11.03% | 751.37%
NP Margin | ROE
5.36% | 2.43%
F.Y. | Ann. Date
30-Sep-2024 | 15-Nov-2024
Latest Audited Result
Latest Audited Result
31-Dec-2023
Announcement Date
24-Apr-2024
Next Audited Result
31-Dec-2024
Est. Ann. Date
24-Apr-2025
Est. Ann. Due Date
29-Jun-2025
Annual (Unaudited)
Revenue | NP to SH
1,585,878.000 | 14,222.000
RPS | P/RPS
62.00 Cent | 4.40
EPS | P/E | EY
0.56 Cent | 491.00 | 0.20%
DPS | DY | Payout %
2.00 Cent | 0.73% | 358.83%
NAPS | P/NAPS
1.50 | 1.82
YoY
-90.92%
NP Margin | ROE
1.08% | 0.37%
F.Y. | Ann. Date
31-Dec-2023 | 22-Feb-2024
Annualized Result
Revenue | NP to SH
1,851,897.333 | 123,110.666
RPS | P/RPS
72.40 Cent | 3.77
EPS | P/E | EY
4.81 Cent | 56.72 | 1.76%
DPS | DY | Payout %
-
NAPS | P/NAPS
-
QoQ | YoY
-2.13% | 588.23%
NP Margin | ROE
6.79% | 3.22%
F.Y. | Ann. Date
30-Sep-2024 | 15-Nov-2024
Business Process
| Trailing 4 Quarters | Trailing 8 Quarters | |||
|---|---|---|---|---|
| Available Quarters | 4 Quarters | 8 Quarters | ||
| Continuous Quarters Of Revenue Growth | 1 / 4 | 25.00% | 1 / 8 | 12.50% |
| Total Positive Profit Years | 4 / 4 | 100.00% | 5 / 8 | 62.50% |
| Continuous Quarters Of Positive Profit | 4 / 4 | 100.00% | 5 / 8 | 62.50% |
| Continuous Quarters Of Profit Growth | 0 / 4 | 0.00% | 0 / 8 | 0.00% |
| Continuous Quarters Of Adjusted EPS Growth | 0 / 4 | 0.00% | 0 / 8 | 0.00% |
| Total Dividend Years | 2 / 4 | 50.00% | 3 / 8 | 38.00% |
| Continuous Quarters Of Dividend | 1 / 4 | 25.00% | 1 / 8 | 12.50% |
| Continuous Quarters Of Dividend Growth | 0 / 4 | 0.00% | 0 / 8 | 0.00% |
| Continuous Quarters Of Adjusted Dps Growth | 1 / 4 | 25.00% | 1 / 8 | 12.50% |
| Average ROE | 0.60% | 0.34% | ||
| Average Net Profit Margin | 5.23% | 3.01% | ||
| Last 5 Financial Years | Last 10 Financial Years | |||
|---|---|---|---|---|
| Available Years | 5 Years | 10 Years | ||
| Continuous Quarters Of Revenue Growth | 0 / 5 | 0.00% | 0 / 10 | 0.00% |
| Total Positive Profit Years | 5 / 5 | 100.00% | 10 / 10 | 100.00% |
| Continuous Quarters Of Positive Profit | 5 / 5 | 100.00% | 10 / 10 | 100.00% |
| Continuous Quarters Of Profit Growth | 0 / 5 | 0.00% | 0 / 10 | 0.00% |
| Continuous Quarters Of Adjusted EPS Growth | 0 / 5 | 0.00% | 0 / 10 | 0.00% |
| Total Dividend Years | 3 / 5 | 60.00% | 4 / 10 | 40.00% |
| Continuous Quarters Of Dividend | 3 / 5 | 60.00% | 3 / 10 | 30.00% |
| Continuous Quarters Of Dividend Growth | 0 / 5 | 0.00% | 0 / 10 | 0.00% |
| Continuous Quarters Of Adjusted Dps Growth | 0 / 5 | 0.00% | 0 / 10 | 0.00% |
| Average ROE | 27.33% | 20.81% | ||
| Average Net Profit Margin | 18.21% | 14.44% | ||
Key Result
| T4Q | Annualized | Annual (Unaudited) | Last 10 FY Average | Last 5 FY Average | |
|---|---|---|---|---|---|
| Revenue | 1,789,072 | 1,851,897 | 1,585,878 | 2,514,563 | 3,286,942 |
| NP to SH | 93,038 | 123,110 | 14,222 | 524,275 | 867,252 |
| Dividend | 53,073 | 2,721 | 51,032 | 137,510 | 267,987 |
| Adjusted EPS | 3.64 | 4.81 | 0.56 | 20.50 | 33.91 |
| Adjusted DPS | 2.07 | 0.11 | 2.00 | 5.38 | 10.48 |
NP to SH = Net Profit Attributable to Shareholder, EPS = Earning Per Share, DPS = Dividend Per Share
All figures in '000 unless specified.
EPS & DPS's figures in Cent.
Growth
| LQ QoQ | LQ YoY | CQ YoY | LQ vs Average of T4Q | LQ vs Average of T8Q | |
|---|---|---|---|---|---|
| Revenue | 18.02% | 25.75% | 17.14% | 13.44% | 17.44% |
| NP to Owner | -6.08% | -28.15% | 588.23% | 26.56% | 126.51% |
| Dividend | 0.00% | 0.00% | 0.00% | -84.62% | -86.03% |
| Adjusted EPS | -6.08% | -28.15% | 588.23% | 26.56% | 126.51% |
| Adjusted DPS | 0.00% | 0.00% | 0.00% | -84.62% | -86.03% |
LQ = Latest Quarter, CQ = Cumulative Quarter, T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, QoQ = Quarter on Quarter, YoY = Year on Year
| T4Q vs LFY | T4Q vs AL5FY | T4Q vs AL10FY | AQR vs LFY | AQR vs AL5FY | AQR vs AL10FY | LFY YoY | LFY vs AL5FY | LFY vs AL10FY | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12.81% | -45.57% | -28.85% | 16.77% | -43.66% | -26.35% | -31.53% | -51.75% | -36.93% |
| NP to Owner | 554.18% | -89.27% | -82.25% | 765.64% | -85.80% | -76.52% | -90.92% | -98.36% | -97.29% |
| Dividend | 4.00% | -80.20% | -61.40% | -94.67% | -98.98% | -98.02% | -20.00% | -80.96% | -62.89% |
| Adjusted EPS | 554.18% | -89.27% | -82.25% | 765.64% | -85.80% | -76.52% | -90.92% | -98.36% | -97.29% |
| Adjusted DPS | 4.00% | -80.20% | -61.40% | -94.67% | -98.98% | -98.02% | -20.00% | -80.96% | -62.89% |
T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, AL5FY = Average of Last 5 Financial Years, AL10FY = Average of Last 10 Financial Years, LFY = Latest Financial Year AQR = Annualized Quarter Result, YoY = Year on Year
Discussions
19 people like this. Showing 50 of 16,251 comments
KimSua ... Totally agree. Will hover around 2.5 until Q4 2024 result to decide. I expect better results.
1 month ago
Chipee, this time the risk of losing out is high if swing sell too soon. Might be a re rating soon for glove sector, which we see much earlier. But most likely take profit as the market will test the next resistance for at least twice , however looking at the bullish trend, might just only swing some profit. Trump will most likely increase taxes across the board for all imports and we have to scan the news especially the American glove manufacturers association. Good luck
1 month ago
Trump has announced an additional 10% tariff on all Chinese products, raising the tariff on Chinese medical gloves to 60% from the current 50% under the Biden administration. This new tariff will take effect in January 2025.
#Bloomberg
3 weeks ago
I suspect this session will not touch the psychological 2.5 +
resistance level. Better to take the dividend and wait for it to surpass the resistance again after Dec potential window dressing
3 weeks ago
Posted by Chipee > 21 hours ago | Report Abuse
Do you guy think price will drop after the ex-date for dividend?
i do think most of the counters will drop more than the dividend received after ex-dividend
a few are exceptions e.g. go for privatize like MMS last time instead of dropping it went higher and etc
3 weeks ago
Malaysia glove stocks will tumble in 2025 ! Dont ask me why , you will know the answer in 2025 !
2 weeks ago
Nutsucker will end up in an asylum in 2025 ! Dont ask me why , you will know the answer in 2025 !
2 weeks ago
US SOLAR PANEL TARIFF SETS A PRECENDENT: SUPERMAX MIGHT BE THE ONLY MALAYSIA GLOVE CO THAT MIGHT BE EXEMPTED FROM US TARIFF, Calvin Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-12-03-story-h475649343-US_SOLAR_PANEL_TARIFF_SETS_A_PRECENDENT_SUPERMAX_MIGHT_BE_THE_ONLY_MALAY
2 weeks ago
NO. Totally different issue. LONGi is China's solar manufacturer. They have a big production in Bukit Beruntung, Rawang. Of course Msia got hit by this tariff. They are targeting China manufacturers. Even the article stated this fact:
The group, the American Alliance for Solar Manufacturing Trade Committee, accused big Chinese solar panel makers with factories in Malaysia, Cambodia, Vietnam and Thailand of causing global prices to collapse by dumping products into the market.
2 weeks ago
This shld be interpreted as "USA targeting tariff on China glove manufacturer even if they operate from Indonesia, Vietnam or Msia. "
2 weeks ago
I think can go higher. Because the situation is different now. Then, the 25% tariff will be in 2026. So there is another 1 year before the tariff. Anything can happen in 12 months. True enough, Maybank wrote an article abt China glove being so great and all. So traders sell big.
Now, it is 50% tariff in 2025 and US targeting China manufacturers wherever they manufacture from. Whole different situation bro.
KimSua
Highest high for since the first ustr announcement. Out for now
2 weeks ago
Yeah it can go down and up... but fundamental is still intact.
HaroldHuong
Up for 2days and see how 2moro..
2 weeks ago
Chipee, the fundamental is still intact. Each has its risk profile and we know klse liquidity is limited and even big funds work with their short agents to get the best prices on average. It will definitely go up after a breather. Always observe the net short position trend if intend to swing however risk of losing the boat is always there. For each its own. Hope everyone wins
2 weeks ago
Kim Sua, Do you monitor the short position every trading day? ("Always observe the net short position trend ...")
Volume Value
KOSSAN KOSSAN RUBBER INDUSTRIES BHD 284,700 745,578
This the data I got from Bursa for 5 Dec 2024. But no graph to see spike or trough.
2 weeks ago
I'm using the standard MACD, MA (20,50,150) and RSI to monitor for tech analysis. Hoping you can point out this net short position for me to add into my analysis. TQ
2 weeks ago
Chipee, have to go to bursa website to get the net short and total short for few trading sessions. However need to do some homework to plot the trend. Macd/rsi is technically lagging indicators. Short position allows you to know earlier if the big guns are slowing shorting it or recovering their shorts. Better to get a few confirmation to decide. Good luck. Resistance now 2.65/2.7 range. Support 2.45/2.5 range. Volume is still high. I might have sold too early 😃
2 weeks ago
Thx KimSua. Yes I agree. MACD RSI is lagging. I think your way with net short is something like CFTC (commitment of traders) way of looking at thing for swing trade. I'm not good at CFTC method but I think it's a better trend indicator.
Selling early is ok as long as still make profit. Protect our capital is still number 1 priority. 😃
2 weeks ago
US , EUROPE already make huge stock pile from China glove before tariff start ! Only naive malaysia glove tard will believe reclaiming old glory stories from roti planta IB ! Cut you one more round !
1 week ago
Yeah that's why REVENUE for ALL Msia glove makers are UP. So according to Nutsucker's logic. China's glove is what they are buying. Stewpid but bising = Tin Kosong.
NatsukoMishima
US , EUROPE already make huge stock pile from China glove before tariff start ! Only naive malaysia glove tard will believe reclaiming old glory stories from roti planta IB ! Cut you one more round !
1 week ago
GLOVE SECTOR Rebound: What the Charts Tells Us About TOPGLOV, KOSSAN and SUPERMAX
https://klse.i3investor.com/web/blog/detail/bestStocks/2024-12-10-story-h476488113-GLOVE_SECTOR_Rebound_What_the_Charts_Are_Telling_Us_About_TOPGLOV_KOSSAN
1 week ago
SUPERIOR SUPERMAX: A RISING STAR AGAIN DUE TO ITS FIRST MALAYSIAN GLOVE FACTORY ON US SOIL, Calvin Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-12-17-story-h476637158-SUPERIOR_SUPERMAX_A_RISING_STAR_AGAIN_DUE_TO_ITS_FIRST_MALAYSIAN_GLOVE_F
0 seconds ago
5 days ago
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
5 days 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
5 days 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'.
3 days 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.
2 days ago
Emergency flu admissions to hospitals DOUBLE in just one week
Story by Claire Elliot For The Scottish Daily Mail • 4h • 2 min read
2 days 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 !
2 days 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/
1 day ago
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
KimSua
Next Resistance level 2.51/2.52. Your call to be greedy or swing trade(some) . Still a longer term hold.
1 month ago