KOSSAN RUBBER INDUSTRIES BHD

KLSE (MYR): KOSSAN (7153)

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Last Price

2.42

Today's Change

+0.06 (2.54%)

Day's Change

2.35 - 2.43

Trading Volume

3,093,800


19 people like this.

16,204 comment(s). Last comment by ChandranG 1 hour ago

kdginvest

217 posts

Posted by kdginvest > 2020-10-27 09:36 | Report Abuse

KOSSAN EXPECT TO FLY TODAY

Mabel

24,169 posts

Posted by Mabel > 2020-10-27 12:44 | Report Abuse

Nice and lovely...

Market just closed for the afternoon break slightly above 1500. This is a good development given the current sentiment.

Meow

Mabel

24,169 posts

Posted by Mabel > 2020-10-27 13:09 | Report Abuse

https://www.youtube.com/watch?v=lWA2pjMjpBs

You are beautiful like Diamond in the sky...

Shine like a Diamond...

Shine like a Diamond...

Shine like a Diamond...

Shine like a Diamond...

https://www.channelnewsasia.com/news/world/thieves-steal-gloves-florida-hospitals-medgluv-13380860

Apple1234

853 posts

Posted by Apple1234 > 2020-10-27 13:13 | Report Abuse

Supersinginvestor (无常): today you have open Facebook live?

Apple1234

853 posts

Posted by Apple1234 > 2020-10-27 13:15 | Report Abuse

Supersinginvestor (无常): please increase your knowledge before you invest at share market. Without me guide you will died? Please learn how to invest and choose company, remember before i told you 冷眼 story? Think, before people give you knowledge, you scold people, now?

Apple1234

853 posts

Posted by Apple1234 > 2020-10-27 13:16 | Report Abuse

supersinginvestor (无常): forget ask you how your case process? Win or lose?

Apple1234

853 posts

Posted by Apple1234 > 2020-10-27 13:18 | Report Abuse

Supersinginvestor:
Any stock now all wait n see...too many issues coming this week n next best is to stand clear till next week thursday....better safe then sorry for longterm investor


Reply:
Please increase your knowledge first before give people suggest can? No eyes to see

Mabel

24,169 posts

Posted by Mabel > 2020-10-27 13:28 | Report Abuse

Mother of Gloves, Hartalega QR has just been released. Harta's profit is more than double compared the previous quarter at RM 544Million Profit an increase of 148% from 219 Million

Next QR to be released this week will be is Supermax. Mabel expected to be a minimum another RM 800 million. 1 billion QR profit is not a dream..

Posted by NoNonsenseHere > 2020-10-27 14:34 | Report Abuse

Supermax's fair price is RM20. RM25 next 3 months. Why?
Because it is still a small company. Maybank market cap is RM80 billion. Supermax's market cap is only 26 billion.
Maybank market cap (80b) is THREE TIMES larger than Supermax (26b) but Supermax defeats Maybank's profits.

Supermax's profits this coming quarter (Oct 28) is expected to hit RM1 billion which is HIGHER than Maybank's RM940 million only previous quarter.
Fantastic.

Harta's boss said in an interview:
"Glove supply will not meet demand in next three years"
https://www.theedgemarkets.com/article/glove-supply-will-not-meet-dema...

Supermax's QR on Oct 28 expected to hit RM1 billion easily.

In June 2020, Top Glove reported their RM350 mil PAT
In September 2020, Top Glove reported their RM1.3 billion PAT which is 3.7 times higher than their own previous quarter.

In August 2020, Supermax reported their RM400 mil PAT. RM50 mil higher than Top Glove.
Next week late-October 2020, Supermax WILL ANNOUNCE their RM1 billion PAT which is 2.5 times higher than their own previous quarter.

Top Glove's market cap is THREE TIMES larger than Supermax.
But Supermax can match Top Glove's profits.

This means that Supermax can hit RM1 billion to 1.5 billion+ in profits EVERY QUARTER for years to come.

Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/

Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/

kachan

437 posts

Posted by kachan > 2020-10-27 14:49 | Report Abuse

buy buy buy before IB buy.

Mabel

24,169 posts

Posted by Mabel > 2020-10-27 15:24 | Report Abuse

@Apple1234 Supersinginvestor:
Any stock now all wait n see...too many issues coming this week n next best is to stand clear till next week thursday....better safe then sorry for longterm investor


Reply:
Please increase your knowledge first before give people suggest can? No eyes to see
27/10/2020 1:18 PM

See unker kena marah dengan Apple oledi...

It's true what Mummy said...An apple a day keeps a Doctor away..

Meow

Posted by NoNonsenseHere > 2020-10-27 15:48 | Report Abuse

-
Supermax is STRONG because it is a marketing GENIUS. Look at their Canadian websites.

Supermax's Own Brand Marketing in North America:

Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/

Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/


Harta only made 220 million last quarter. Supermax made 400 million last quarter.
Soon, Supermax projected profits are RM1 billion but Harta only did RM550 million.
Supermax always has TWO TIMES the profits of Harta but Harta's market cap is TWO TIMES larger than Supermax, which means Harta is overvalued.

Supermax is like Apple and Samsung. Progressive and innovative.

Harta is like Nokia. Can't innovate and lose to competition.

kimsui7364

101 posts

Posted by kimsui7364 > 2020-10-27 16:39 | Report Abuse

Harta QR made 545M on this Q.....

Posted by NoNonsenseHere > 2020-10-27 17:08 | Report Abuse

Supermax 800 MILLION PROFIT vs HARTA 550 MILLION
EPS 30 vs EPS 15

PROPOSED LISTING ON SINGAPORE'S SGX
"SUPERMAX CORPORATION BERHAD ("SUPERMAX" OR "THE COMPANY") - PROPOSED DUAL LISTING ON THE SINGAPORE EXCHANGE ("SGX")"

Apple1234

853 posts

Posted by Apple1234 > 2020-10-27 18:57 | Report Abuse

Supersinginvestor (无常):use your pig brain and think it about Topglove and Supermax story before I told you. Now result already announced, did you understand it why before I always say buy Topglove and Supermax only, be smart. Now everyone see it? Before I always say Kossan PE already high, Topglove and Supermax PE is undervalue, but no people hear. Now??? Think, try think.

Joyvest: Now you see Kossan PE low or Topglove and Supermax PE low? Use your pig brain and think it, please.

Posted by NoNonsenseHere > 2020-10-27 19:22 | Report Abuse

-
When a company like Harta underperform, The Star will write big news about Harta because they want to sell Hartalega.
https://www.thestar.com.my/business/business-news/2020/10/27/hartalega039s-strong-earnings-boost-klci

You see when Harta results came out, The Star straight away reported good news about them even though Harta's profits are terrible.

When Supermax spectacular results released, they keep quiet. Because they need time to pick up Supermax.

Apple1234

853 posts

Posted by Apple1234 > 2020-10-27 19:53 | Report Abuse

Sometimes investor knowledge is very important. A company if good than invest. If bad dont touch, need become a smart investor. Today you doing what, next days you will become that kind people. If want successful, keep going learn.

Apple1234

853 posts

Posted by Apple1234 > 2020-10-27 19:57 | Report Abuse

Kossan director at Agm and many interview already told you guys. Dont buy my company share, because I am too Conservative, my selling price increase no much. You can take Harta result as a example compare Supermax. Sometimes knowledge and brain is very important. People told you the true but you keep dont accept. Now many young people open live teach people invest share, but got how many people know the share knowledge?

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2020-10-27 20:49 | Report Abuse

USE YOUR BRAIN LAH. GO STUDY DEEP DEEP LAH. RIGTH APPLE?

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2020-10-27 20:50 | Report Abuse

APPLE ALWAYS RIGHT MAH NO HARM JUST LISTEN TO HIM OR YOU PREFER HIM TO NGAM YOU? GO STUDY DEEP LAH WEI

Apple1234

853 posts

Posted by Apple1234 > 2020-10-27 21:32 | Report Abuse

Ong Kaw Kaw: listen to me,乖! listen to me, lai!!!

Posted by NoNonsenseHere > 2020-10-27 21:53 | Report Abuse

Kossan Founder keeps selling his shares at high price while Kossan price can't go up due to low profits. This is sad.

Apple1234

853 posts

Posted by Apple1234 > 2020-10-27 21:59 | Report Abuse

Ong Kaw Kaw: try use your pig brain and think, i won't spoon feed you. Try go do homework about Harta and Supermax today quarter results revenue, and compare the net profit. If you still cant get my means, than better dont invest ok? Must practice to look far, accept the truth. Dont always think you is very pro.

Apple1234

853 posts

Posted by Apple1234 > 2020-10-27 22:00 | Report Abuse

Ong Kaw Kaw: please use your pig brain to think it. Wake up please.

Posted by NoNonsenseHere > 2020-10-27 22:02 | Report Abuse

Supermax is STRONG because it is a marketing GENIUS. Look at their Canadian websites.

Supermax's Own Brand Marketing in North America:

Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/

Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/

Harta only made 220 million last quarter. Supermax made 400 million last quarter.
Now, Supermax did 800 million but Harta only did RM550 million.
Harta's market cap is TWO TIMES larger than Supermax, but Supermax beats Harta's profits by a mile.

Supermax is like Apple and Samsung. Progressive and innovative.
Harta is like Nokia. Lose to competition due to lack of innovation.

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2020-10-27 23:07 | Report Abuse

Cash
1.Supermax RM2.3 Bil
2.Harta RM1.6 Bil
3.Top Glove RM1.2 Bil
4. Kossan RM0.3 Bil

Market Cap
1. TopGlove RM73 Bil
2. Harta RM62.7 Bil
3. Supermax RM26.6 Bil
4. Kossan RM19.2 Bil

Latest PAT
1. TopGlove RM1.4 Bil
2. Supermax RM0.79 Bil
3. Harta RM0.55 Bil
4. Kossan RM0.13 Bil

Current Price
1. Harta RM18.28
2. Supermax RM9.78
3. Topglove RM8.91
4. Kossan RM7.52

Current Capacity
1. Topglove 88.5 Bil
2. Harta 38.1 Bil
3. Kossan 32 Bil
4. Supermax 26.1 Bil

Future Capacity (2022)
1. Topglove 106.6 Bil (1.2 times more @ 20.5%+)
2. Harta 43.7 Bil (1.14 times more @ 14.7%+)
3. Supermax 48.42 Bil (1.8 times more @ 85.5%+)
4. Kossan 38.4 Bil (1.2 times more @ 20%+)

Profit Margin
1. Supermax 58.4%
2. Topglove 41.6%
3. Harta 40.5%
4. Kossan 18.7%


Summary :- Despite having the lowest current capacity Supermax has the second highest Profit After Tax at RM0.79Bil much more than Harta and Kossan with higher capacity, Supermax able to achieve due to their highest profit margin at 58.4%! Even more crazy is that Supermax has the biggest capacity increase by 2022 with 85.5% more than current existing capacity compared to others only at 14.7% - 20.5% while at the same time having the most cash out of all big 4 with over RM2bil! Looking at its current market cap at only RM26.6bil , imagine the price it would be if able to double the market cap to RM53.2 bil market cap which is still below Harta current market cap of RM62.7bil! if that happens Supermax price would shoot up to RM19.56 !! which is equivalent to RM39.12 before BI!

Supermax currenly has the lowest PE among glove counters at only PE20 and FPE8. EPS over 30.. can you imagine how undervalue Supermax currently is? if you think its current price is too expensive you must be insane

2 scenarios in 2022 . If ASP continue to increase with almost double capacity increase Supermax PAT would hit over 2billion per quarter easily

if ASP maintain , or drop a little bit due to increase in supply or reduce in demand. lets say ASP drop to same level as previous quarter that gives supermax PAT at RM399mil with the doubled capacity it can easily maintain current PAT of RM789mil for many years to come

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2020-10-27 23:13 | Report Abuse

26-Oct-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 513,400 shares on 21-Oct-2020.
26-Oct-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 459,500 shares on 21-Oct-2020.
26-Oct-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 305,900 shares on 21-Oct-2020.
26-Oct-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 217,100 shares on 21-Oct-2020.
26-Oct-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 200,000 shares on 21-Oct-2020.
26-Oct-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 289,500 shares on 21-Oct-2020.
26-Oct-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 115,500 shares on 20-Oct-2020.
26-Oct-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 107,000 shares on 20-Oct-2020.
26-Oct-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 50,000 shares on 20-Oct-2020.
22-Oct-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 3,000,000 shares on 19-Oct-2020.
22-Oct-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 541,700 shares on 19-Oct-2020.
22-Oct-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 265,400 shares on 19-Oct-2020.
22-Oct-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 591,700 shares on 16-Oct-2020.
22-Oct-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 465,500 shares on 16-Oct-2020.
22-Oct-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 240,900 shares on 16-Oct-2020.
22-Oct-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 50,000 shares on 16-Oct-2020.
22-Oct-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 216,400 shares on 16-Oct-2020.

Posted by NoNonsenseHere > 2020-10-27 23:17 | Report Abuse

-
Kossan Boss sold his own company shares to you and ran away because he knew Kossan's profits are too low. This is sad. What a pity..

Kossan did RM130 million profits and has EPS 10 last quarter.

Supermax did RM800 million profits with EPS 30.

Kossan's profits are peanuts.

Kossan's Boss keeps selling his own shares at a high price to you, which you keep buying.

Kossan's Boss is running but you are buying.

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2020-10-27 23:18 | Report Abuse

The amount Kossan boss sold already over RM1bil thats almost 10 quarters of Kossan profit. Clearly no potential or prospect for Kossan

Posted by NoNonsenseHere > 2020-10-27 23:55 | Report Abuse

Your Kossan Owner Tan Sri Lim Kuang Sia already run away.

Quick take: Kossan falls after controlling shareholders cut stake
https://www.thestar.com.my/business/business-news/2020/09/03/quick-take-kossan-falls-after-controlling-shareholders-cut-stake

"The off-market sale of the shares was carried out via the family's investment vehicle, Kossan Holdings (M) Sdn Bhd, which is controlled by founder Tan Sri Lim Kuang Sia and directors Lim Kuang Wang, Lim Kuang Yong, Lim Kwan Hua and Lim Leng Bung."

They ran away because Kossan's profits are too low already.
Now EPF also run away from KOSSAN.

Kossan did RM130 million profits and has EPS 10 last quarter.

Supermax did RM800 million profits with EPS 30.

MasterYoda

975 posts

Posted by MasterYoda > 2020-10-28 00:19 | Report Abuse

Coronavirus updates: Novavax delays U.S. trial of vaccine; hospitalizations rise in 36 states https://www.cnbc.com/2020/10/27/coronavirus-live-updates.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2020-10-28 00:25 | Report Abuse

NA NA NA. SEE APPLE GET MAD LOL. HA HA HA MAD APPLE NUMBER

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2020-10-28 00:30 | Report Abuse

PIG BRAIN KALAU STEAM WITH GINGER SEDAP. SLOW COOK 2 HOURS WITH APPLE LAGI SEDAP. CAN CURE YOUR OTAK CACAT

aphrodite

183 posts

Posted by aphrodite > 2020-10-28 01:35 | Report Abuse

Quit shit-talking Kossan and Hartalega. If you compare Kossan and Supermax, Kossan’s current capacity is more than Supermax, but Supermax’s profits are greater. Do you know why? THEIR GLOVES ARE OVERPRICED. They CHARGE their consumers (which would mostly be healthcare providers, by the way) a whole lot more.

Most investors and traders don’t actually know that the quality of the Top 4 Gloves are different. Hartalega is undoubtedly the best quality gloves, but their profits are lower as they don’t rip off their customers by charging ridiculous prices.

Don’t @ me. I support all four glove counters. Just stop the hate. Stop shit talking other glove companies so that the glove company you favour will do better.

Be proud that Malaysian glove companies are providing for most of the world. Haters cut your crap and go back to your fav counter.

Posted by NoNonsenseHere > 2020-10-28 01:45 | Report Abuse

@aphrodite
If you think speaking the truth means "hating", you need help.
I only look at the numbers and the numbers never lie.

Who are you to say Supermax overcharges their customers? Do you know the prices of Harta's gloves vs Supermax's gloves in the US and Canada? If not, do not spew lies.
Supermax is charging USD and CAD fair and square.

Future Capacity (2022)
- Harta 43.7 Bil (1.14 times more @ 14.7%+)
- Kossan 38.4 Bil (1.2 times more @ 20%+)
- Supermax 48.42 Bil (1.8 times more @ 85.5%+)

Supermax wins again.

Supermax's Own Brand Marketing in North America:

Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/

Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/

aphrodite

183 posts

Posted by aphrodite > 2020-10-28 02:17 | Report Abuse

@NoNonsenseHere My comment wasn’t directed you, or at anyone in particular, but criticising and saying that the directors are ‘running away’ because the profits are ‘too low’, in the forum comments of all glove counters very much counts as hate. Hate comes in many forms, educate yourself.

Stop promoting Supermax in counters that aren’t even related. Genting, Prolexus, Public Bank, AT, Maybank? That is spam that isn’t welcomed. 480+ Comments in the past week, all regarding Supermax? Are you a super fan or are you getting paid?

Yes, I know the prices. Maybe you should look into it yourself, not just in America and Canada.

Everyone already knows how well Supermax is doing, you don’t need to criticise the directors and company. It is normal to take profit. It is not running away because the profits are ‘too low’. If I were the directors or EPF fund managers, I’d do the same. Traders take profit when the price is high, and buy back when it is low. You can call it running away, but they always run back.

Now stop spreading your Supermax propaganda, we all know they’re doing well.

Posted by NoNonsenseHere > 2020-10-28 02:30 | Report Abuse

@aphrodite
You do you.
I continue to look at the facts.
And the fact is Kossan Boss Tan Sri Lim Kuang Sia ran away at a high price.

aphrodite

183 posts

Posted by aphrodite > 2020-10-28 03:19 | Report Abuse

@NoNonsenseHere TG director also sells at a high price. Does TG have low profits? No.

kachan

437 posts

Posted by kachan > 2020-10-28 05:57 | Report Abuse

All glove already warming its engine and will fly this week. buy buy buy before miss the train. Buy first before IB buy.

Posted by MisstheBoat > 2020-10-28 08:55 | Report Abuse

Its big surprise to have 800million pat
Amazing is a word SUPERMX
With only 26billion glove compare to harta 40++billion glove
Trully out this world
Due to great foresight of stanley,marketing under own brand early on.
(((((AURELIA)))))
Famous like kfc md
28/10/2020 8:49 AM

Posted by NoNonsenseHere > 2020-10-28 08:58 | Report Abuse

@aphrodite
TG director sell at high price?
Send me the news article that said that. Stop lying and misleading people.

I can give you the news article that said Tan Sri Lim Kuang Sia and his family sold 838 million company's Kossan shares at a high price:
https://www.theedgemarkets.com/article/kossan-directors-trim-stake-dispose-838-million-shares

Kossan Boss ran away and you still buying. Shame.

Apple1234

853 posts

Posted by Apple1234 > 2020-10-28 09:12 | Report Abuse

Ong Kaw Kaw: you always ask people listen to Apple, than you Na Na Na for what? May i ask your pig brain at where? Listen to me is you ask people do want oh?

Posted by supersinginvestor > 2020-10-28 09:54 | Report Abuse

Apple1234..u oku retard..how come ur supermx down lor....kossan still up..so good results yet supermx down ah..u better go do study ok use ur pig brain n think why...!! Ok..i wont tell u...cos u r a piece of shiit..hehe. u bankrupt n kena ban aldy

Posted by supersinginvestor > 2020-10-28 09:55 | Report Abuse

Supermx n kossan not the same. In down times supermx will fall like shiit not stable overshoot up n down...go study n find out why...ok...

Posted by supersinginvestor > 2020-10-28 09:56 | Report Abuse

I wont spoon u apple1234 cos u got pig brain

Apple1234

853 posts

Posted by Apple1234 > 2020-10-28 10:10 | Report Abuse

Supersinginvestor (无常): listen to me, all in Kossan.

Posted by supersinginvestor > 2020-10-28 10:18 | Report Abuse

I laugh at u apple1234..i dont usually make fun of oku people or retards but u i will make an exception....aiyoyo supermx down ah..how come so good results but down like shiit..u want to know why..ask me...

Posted by supersinginvestor > 2020-10-28 10:18 | Report Abuse

Apple1234.use ur pig brain n think...
Why supermx always down n kossan up...use ur pig brain...

Apple1234

853 posts

Posted by Apple1234 > 2020-10-28 10:25 | Report Abuse

Supersinginvestor (无常): please use your pig brain and think. Don't always ask me to spoon feed you. Already ask you all in Kossan edi, Kossan is best. Forget ask you, how your case process edi? Today you will open fb live?

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-28 10:26 | Report Abuse

https://imgur.com/4NvuO85

RM 13.5 BILLION !!! NOT ENOUGH for the IB's ???

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