Good123 U ok ka kawan?

Just make a quick calculation.
From 2006 - 2019, Total net profit after tax = Rm1.82 billion. Of course some money is spent on capex, expansion and dividends. And price just gone up from Rm0.15 to Rm2.15 from 2006 to 2019.

And here we are TODAY with Rm2 billion in cash, the share price is ranging around Rm1.
We have THIRTEEN (13) YEARS of FREE CASH IN HAND!!!! Think about it.

Expect share price to drop after ex-date for dividend entitlement.
Expect share to rise on good earnings report for Q123 (hopefully) due to lower natural gas price and increase order on lower ship freight rate.

Kossan tiap2 tahun renew share buyback policy .
Nak share naik. Bg dividend cantik tiap2 tahun mcm Hartalega la baru price naik.

Can't declare dividend. Still got pending decision by MyCC on fine. Hopefully case close with no fine. Declare good dividend and share price up to RM1.

TP given by institutions that have their own agenda. I never believe their TP.

@DestinyL ... Exactly! Hahaha ... I don't know how people think ..

Lowest was 0.95, and that was bcoz EPF was dumping.
Unless another big holder dump, price is hard to fall below RM1.

Topglove fixed cost to high being too big for it own good.
Supermax investing in US is bad move.

Yup, below Rm1, Kossan is a buy for me.

Natural gas price dropping. Hopefully, Q1 2023, will see profit. Still holding.