KOSSAN RUBBER INDUSTRIES BHD
KLSE (MYR): KOSSAN (7153)
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Last Price
1.69
Today's Change
-0.05 (2.87%)
Day's Change
1.68 - 1.76
Trading Volume
3,821,500
Company warrants are issued by the company and give the holders the right, but not an obligation, to subscribe for new ordinary shares at a specified price during a specified period of time.
Structured warrants are proprietary instruments issued by a third-party issuer, namely an eligible broker or financial institution that give holders the right, but not the obligation, to buy (call warrants) or sell (put warrant) the underlying instrument in the future for a fixed price.
A call warrant is in-the-money when the exercise price is lower than the price of the underlying share.
A put warrant is in-the-money when the underlying share price is lower than the exercise price.
Call Warrants
In the money
Put Warrants
In the money
Discussions
17 people like this. Showing 50 of 15,514 comments
I think Kossan make a big mistake. Should announce some dividend. Small dividend also nevermind. Show some confidence.
1 week ago
Now everyone rushing to buy in...last time busy short institutions funds also busy close the short position and change to long
1 week ago
[转贴] [Video:浅谈KOSSAN RUBBER INDUSTRIES BERHAD, KOSSAN, 7153] - James的股票投资James Share Investing
https://klse.i3investor.com/web/blog/detail/general/2023-11-17-story-h-214372836
1 week ago
Supermax when release quarter result?
yfchong
Waiting for Supermax Q if sui can ride on
1 week ago
2023-11-21
Insider
Notice of new substantial holder - EMPLOYEE PROVIDENT FUND BOARD on 16-Nov-2023.
1 week ago
Kossan n harta have no more Rss outstanding.Maybe the brilliant analysts can explain why this is so,or can they? Hahaha.No one ever get rich by listening to analysts.
5 days ago
PETALING JAYA (Aug 3): The global demand for rubber gloves is expected to return to growth in 2023, after a 19% contraction to an estimated 399 billion pieces this year, from 492 billion in 2021 when the world was at the peak of the Covid-19 pandemic.
The Malaysian Rubber Glove Manufacturers Association (MARGMA) expects glove demand to expand in the range of 12%-15% next year. Meanwhile, the association has cut its demand forecast for this year by 12% to 399 billion pieces, from 452 billion pieces previously, as the demand normalises against the backdrop that the Covid-19 pandemic is under control.
MARGMA’s President Dr Supramaniam Shanmugam, however, stressed that the association’s forecast “is a very conservative estimate”, given the various growth drivers, for instance rising hygiene awareness, ageing population and recovery in non-Covid-19 related demand.
5 days ago
MARGMA president Dr Supramaniam Shanmugam is just an industry cheerleader. You can check the accuracy of his past predictions.
5 days ago
MARGMA's prediction in May 2021:
Even with global production expected to ramp up to 420 billion this year from 380 billion last year and annual growth of 10-15%, Supramaniam said excess demand could run into 2023. Malaysia expects to supply 280 billion, or 67%, of that increased global supply.
https://www.reuters.com/article/us-malaysia-gloves-idUSKBN2B709W/
5 days ago
MARGMA's prediction in Mar 2022:
Malaysia is set to retain its position as the world’s number one rubber glove-producing nation in 2022 with export volume likely to expand by between 12 and 15 per cent, according to the Malaysian Rubber Glove Manufacturers Association (MARGMA).
It anticipated global demand for rubber gloves for the year to be at 452 billion units, or 14,333 gloves used every second.
https://www.mida.gov.my/mida-news/malaysias-rubber-glove-exports-projected-to-grow-12-15-pct-in-2022/
5 days ago
MARGMA's prediction in Aug 2022:
Margma president Dr Supramaniam Shanmugam said industry players are navigating through a challenging time dealing with multiple dynamics with global risks including the prolonged Russia-Ukraine war.
“The association is, nevertheless, confident the industry will see a demand growth of 10% to 12% in 2022,” he said.
“As a consequence of increased global healthcare awareness and enhanced regulatory requirements, such demand will grow by 12% to 15% in 2023,” he said.
The global demand for gloves is estimated at 399 billion in 2022, and Malaysia is estimated to produce 240 billion gloves in 2022, according to Margma’s report.
https://www.freemalaysiatoday.com/category/business/local-business/2022/08/03/malaysia-likely-to-export-rm23-bil-worth-of-rubber-gloves-this-year/
5 days ago
>1.70 still solid. EPF or other foreign funds still buying?
Likesung
No show liao Aberdeen start disposed
12 hours ago
5 days ago
5354
When funds called buy means sell liao , its very normal making correction on stock .
5 days ago
Totally agree. Harta is valued more bcoz they pay better dividend than Kossan on historic basis. But I think Harta cannot sustain the same dividend payout anymore.
Harta outstanding shares: 3.417bill. Cash position: 1.6+ bill
Kossan outstanding shares: 2.557 bill. Cash position: 2+ bill
Harta production capacity been cut to almost Kossan level. Kossan made 2x net profit than Harta in Q3.
Either Kossan price go above Harta or Harta price drop below Kossan. This rely on sentiment.
4 days ago
Ciak sai liao ... nevermind la ... wait for Q4.
yfchong
Taikor aberdeen cash out yor fuiyoh
4 days ago
Now China and Thailand both of them are take Malaysia gloves market share 5% looks like big 4 very difficult to grow liao
4 days ago
THere's a reason Msia is top in gloves. I suspect is good Msia quality. China and Thailand took 5% was due to glove shortage during covid. They might come back for the same quality reason.
3 days ago
Aik? ... EPF buy 700K units ...
Hmmm ... I think they are trading in and out. If net is buy price shld be up.
Hoping to buy at lower price I think.
18 hours ago
Volume for today looks small for EPF or Abrdn to be involved.
Scenario may change after lunch.
4 hours ago
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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....
Chipee
Sure. Capacity Utilisation is important. But that is from reported data. Everybody can see and make a decision. And from Kossan Q3 profit shows they managed their fixed cost well.
For me, to make money, we have to speculate future data, mainly demand and existing customers' stocks. If they need restock means gloves make money. From the improving gloves numbers, demand is back and customers' stock is lower.
Andre Kua
Actually do you know how to calculate whether or not glove is worth buying??? Based on QR??? LOL...
You have a rough estimate of their annual capacity. Use that to calculate based on guesstimate pricing for bulk 1000 pcs pricing. Then compare with their revenue and you will get a rough figure about ASP and if ASP is showing sign of rise. Use the base bulk pricing calculation of USD20-25/1000pcs to guess their current capacity utilisation.
1 week ago