KOSSAN RUBBER INDUSTRIES BHD

KLSE (MYR): KOSSAN (7153)

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Last Price

2.46

Today's Change

+0.10 (4.24%)

Day's Change

2.35 - 2.47

Trading Volume

7,550,600


19 people like this.

16,206 comment(s). Last comment by Chipee 5 hours ago

Kossan

303 posts

Posted by Kossan > 2020-09-09 08:58 | Report Abuse

Apple12345- go away pls.

joyvest

10,533 posts

Posted by joyvest > 2020-09-09 09:39 | Report Abuse

Rule No.1 - never panic selling and rule No.2...............

Kossan

303 posts

Posted by Kossan > 2020-09-09 09:42 | Report Abuse

Just as you think all is well with Vaccine trial. A trial is a trial— AstraZeneca pauses coronavirus vaccine trial after unexplained illness in volunteer. Drug giant AstraZeneca said Tuesday it had paused a trial of its coronavirus vaccine because of an unexplained illness in one of the volunteers.

It’s a standard precaution in vaccine trials, meant to ensure experimental vaccines don’t cause serious reactions among volunteers.

“As part of the ongoing randomized, controlled global trials of the Oxford coronavirus vaccine, our standard review process triggered a pause to vaccination to allow review of safety data,” the company said in a statement sent to CNN.
“This is a routine action which has to happen whenever there is a potentially unexplained illness in one of the trials, while it is investigated, ensuring we maintain the integrity of the trials,” the statement added.

joyvest

10,533 posts

Posted by joyvest > 2020-09-09 09:42 | Report Abuse

Rule No. 2 - Never panic selling and Rule No.3 .................

Sneakpeek

2,200 posts

Posted by Sneakpeek > 2020-09-09 09:52 | Report Abuse

Less than 7 days from 16.78 to now 11.58

Posted by dennisthemenace > 2020-09-09 10:57 | Report Abuse

Free fall

Dante5566

398 posts

Posted by Dante5566 > 2020-09-09 11:00 | Report Abuse

EPF still holding or has left for good before the downtrend 2 days ago?

OBAMAR

27 posts

Posted by OBAMAR > 2020-09-09 11:08 | Report Abuse

Bye bye, run while you still can.

Kossan

303 posts

Posted by Kossan > 2020-09-09 11:22 | Report Abuse

I heard a good news coming today. Buy or hold

Posted by supersinginvestor > 2020-09-09 11:42 | Report Abuse

Wat good news?hmm...

universeck

111 posts

Posted by universeck > 2020-09-09 12:01 | Report Abuse

1) When the bears are in panic and exiting, even a strong bull will get mauled. Gloves are the bulls getting mauled now. I earned 7 mil from Hartalega during the peak last month. Now down to 4.3 mil but still happy to exit and pocket the profit instead of seeing it evaporate daily.

2) Unwinding happening. Comfort reported good results yet sold down. Everybody expecting Topglove to earn record profit but shares sold down. Supermax will earn more too but also sold down. Kossan dropping until no eye see despite Bonus Issue. Harta own boss buying shares weekly yet price dropped from RM21 to now RM13. It will feed into a downward selling loop until a new base is found but nobody know when this will happen. Those who bought high will get hurt badly.

3) China will take the opportunity to promote its vaccine now to shake US citizen confidence in Trump policy. Trump will retaliate and speed up emergency vaccine use. Glove companies will get whacked by all these politiced vaccine news flow.

4) UBS Swiss Bank billionaire customers are exiting equities and moving money into physical assets. Follow the big sharks to swim away. They already saw the correction coming.

5) Warren Buffett sold bank and airline stocks and moved money into gold and parking money in Japan. Great depression coming?

I'm out and on standby now for bottom fishing instead of seeing them drop daily. Will get back into glove but seriously I don't see the light out yet. Be safe and don't lose your capital. Cheers

Apple1234

853 posts

Posted by Apple1234 > 2020-09-09 12:03 | Report Abuse

I am continue buy big Topglove at 7.20 today. When continue drop 5% below 7.20, I will only continue buy big Topglove, no need waste your time see Kossan.

jibbie

762 posts

Posted by jibbie > 2020-09-09 12:08 | Report Abuse

Gloves are sinking. Cut loss and buy back later.

Posted by WallStreet88 > 2020-09-09 12:17 | Report Abuse

AstraZeneca pauses Covid-19 vaccine trial after unexplained illness
(Sept 9): AstraZeneca Plc stopped giving shots of its experimental coronavirus vaccine after a person participating in one of the company’s studies got sick, a potential adverse reaction that could delay or derail efforts to speed an immunization against Covid-19 for the world.

kl2318

42 posts

Posted by kl2318 > 2020-09-09 12:28 | Report Abuse

Sri Trang Gloves in Thailand is +2% today.

DBinvest

81 posts

Posted by DBinvest > 2020-09-09 12:35 | Report Abuse

Zzzzzzzzzz Zzzzzzzzzz Zzzzzzzzzz Zzzzzzzzzz Zzzzzzzzzz zzzzzzzzzz zzz Zzzzzzzzzz zzzzzzzzzz zzz Zzzzzzzzzz zzzzzzzzzz zzzzz zzzzzzzzzz Zzzzzzzzzz Zzzzzzzzzz Zzzzzzzzzz zzzzzzzzzz

DBinvest

81 posts

Posted by DBinvest > 2020-09-09 12:36 | Report Abuse

Zzzzzzzzzz zzz Zzzzzzzzzz zzzzzzzzzz zzzzz zzzzzzzzzz Zzzzzzzzzz Zzzzzzzzzz Zzzzzzzzzz zzzzzzzzzz zzz Zzzzzzzzzz zzzzzzzzzz zzzzz zzzzzzzzzz Zzzzzzzzzz Zzzzzzzzzz Zzzzzzzzzz zzzzzzzzzz zzz Zzzzzzzzzz zzzzzzzzzz zzzzz zzzzzzzzzz Zzzzzzzzzz Zzzzzzzzzz Zzzzzzzzzz zzzzzzzzzz zzz Zzzzzzzzzz

DBinvest

81 posts

Posted by DBinvest > 2020-09-09 12:52 | Report Abuse

Zzzzzzzzzzzzzz_zzzzzzzz Zzzzzzzz zzzzzzzzzz Zzzzzzzzzz Zzzzzzzzzz Zzzzzzzzzz Zzzzzzzzzz zzzzzzzzzz zzz Zzzzzzzzzz zzzzzzzzzz zzzzz zzzzzzzzzz Zzzzzzzzzz Zzzzzzzzzz Zzzzzzzzzz Zzzzzzzzzz

covid2019

204 posts

Posted by covid2019 > 2020-09-09 12:54 | Report Abuse

UG healthcare also up today..only poor malaysian gloves are down....so sad our investors are stupid...

Posted by EatCoconutCanWin > 2020-09-09 13:13 | Report Abuse

look like hengyuan 2.0 wave

Posted by supersinginvestor > 2020-09-09 13:17 | Report Abuse

Apple1234@u r a conman...a cheat... u got no money just lies...

Posted by supersinginvestor > 2020-09-09 13:18 | Report Abuse

Newbies beware of the apple1234.conman....

Posted by supersinginvestor > 2020-09-09 13:34 | Report Abuse

Dont worry ...if loses.. here we all go holland together ok.. all hold hands n go court declare bankrupt ok...dont worry...still can afford 1 meal a day...

Mabel

24,171 posts

Posted by Mabel > 2020-09-09 14:02 | Report Abuse

Hartalega and TopGloves have been supporting the KLCI from March until August 2020.

Now the index going downwards has a lot to do with self-inflicted damages done by incompetent "market experts / commentators" making ludicrous reports, expressing unfounded viewpoints and statements in the media or in their advisory note to clients. JF Apex used wrong data and assumptions when they chose to publish a report downgrading the Glove sector. Ex: when they cited vaccine potential approvals in US & reduction in Covid-19 infection in US, they failed to understand hospitals no longer report directly on Covid-19 infection rate to CDC due to Trump order and reduced testings. The same happen with AmInvest producing self inflicting incompetent reports. Hence always take analyst data with a handful of salt.

This week, I have used this opportunity to accumulate the Fantastic Four. Current Price is too good to ignore. Focus on 3 things.

1. Whenever possible, only Buy Mother Shares. Gloves is fundamentally strong. Don't risk your money on call warrant which will benefits the IBs.
2. Only use extra cash. No margin calls
3. Focus on the end result with patience

Meow

newkid

966 posts

Posted by newkid > 2020-09-09 14:27 | Report Abuse

Major share holders disposing, EPF also keep disposing ....You think foreign investors stupid , they will unload till 0 holding !!!!!!

newkid

966 posts

Posted by newkid > 2020-09-09 14:30 | Report Abuse

This stock is damaged by major share holders themselves ...Very Susah to recover bcos of selfish n greedy owners ......

Dante5566

398 posts

Posted by Dante5566 > 2020-09-09 14:53 | Report Abuse

Kossan top loser for 2 days straight.

Posted by melanie1818181818 > 2020-09-09 15:04 | Report Abuse

Chart looks terrible, worse, major shareholder rushing to sell with retailers. How to fight? They still have 48% to sell, that’s why top losers

nicholas99

9,887 posts

Posted by nicholas99 > 2020-09-09 15:07 | Report Abuse

Mana KYY

Posted by melanie1818181818 > 2020-09-09 15:10 | Report Abuse

All big buy queues easily cleared, major shareholders are rushing to sell while price is good. Avoid at all costs. It’s cheap for a reason

Posted by melanie1818181818 > 2020-09-09 15:11 | Report Abuse

Bad major shareholder, this kinda share is rubbish

gladiator

677 posts

Posted by gladiator > 2020-09-09 15:57 | Report Abuse

I am buying back Kossan lo..time to go in.

Apple1234

853 posts

Posted by Apple1234 > 2020-09-09 16:01 | Report Abuse

Gladiator: money is yours. If you really do finish your homework and compare it, than please go ahead. Buy it

Dante5566

398 posts

Posted by Dante5566 > 2020-09-09 16:08 | Report Abuse

Yesterday dropped 10%, today also 10%.

At this daily drop rate of 10%, by next week kossan worth zero.

gladiator

677 posts

Posted by gladiator > 2020-09-09 16:12 | Report Abuse

Apple1234 if you like Top glove and Sepermx so much go the topic there and promote la..this is Kossan topic why keep comment here?

linheng

1,373 posts

Posted by linheng > 2020-09-09 16:16 | Report Abuse

Why so weak today. EPF selling?

Jingweihan

1,605 posts

Posted by Jingweihan > 2020-09-09 16:29 | Report Abuse

May be boss selling

joyvest

10,533 posts

Posted by joyvest > 2020-09-09 16:35 | Report Abuse

EPF has acquired in the region of RM 15.00 . they are not panic selling, why should you ???

joyvest

10,533 posts

Posted by joyvest > 2020-09-09 16:36 | Report Abuse

Apparently EPF has sold less and bought back more ....very funny

jibbie

762 posts

Posted by jibbie > 2020-09-09 16:37 | Report Abuse

Boss smart.. sell off earlier

Sneakpeek

2,200 posts

Posted by Sneakpeek > 2020-09-09 16:37 | Report Abuse

2 months profit wiped out in 1 week.. congrats

joyvest

10,533 posts

Posted by joyvest > 2020-09-09 16:38 | Report Abuse

boss sold some at around 16 and then 14++++ , and will buy back cheap now .......

joyvest

10,533 posts

Posted by joyvest > 2020-09-09 16:39 | Report Abuse

the big drop was due to disposal of EPF but they are buying back ...... very funny

joyvest

10,533 posts

Posted by joyvest > 2020-09-09 16:41 | Report Abuse

Rule No.1 is never panic selling

pang72

51,513 posts

Posted by pang72 > 2020-09-09 16:43 | Report Abuse

EPF, pang72 and Dato Lim sent thank you note to Joywest to pursue so many newbies to take our tickets

joyvest

10,533 posts

Posted by joyvest > 2020-09-09 16:46 | Report Abuse

i told you already you will be all right if you dont put all the eggs in one basket

joyvest

10,533 posts

Posted by joyvest > 2020-09-09 16:48 | Report Abuse

ah lim is jumping up and down now as his remaining shareholding is shrinking in value. he is very furious ...

kl2318

42 posts

Posted by kl2318 > 2020-09-09 16:51 | Report Abuse

Boss also sold <$6 in April.

joyvest

10,533 posts

Posted by joyvest > 2020-09-09 16:53 | Report Abuse

EPF has lost a lot of money by panic selling ....

joyvest

10,533 posts

Posted by joyvest > 2020-09-09 16:54 | Report Abuse

funnily , a lot of support at 10.960 . what does it signify?

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