KOSSAN RUBBER INDUSTRIES BHD

KLSE (MYR): KOSSAN (7153)

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Last Price

2.37

Today's Change

+0.01 (0.42%)

Day's Change

2.35 - 2.37

Trading Volume

180,100


19 people like this.

16,202 comment(s). Last comment by KimSua 18 hours ago

kens88

698 posts

Posted by kens88 > 2020-12-09 11:04 | Report Abuse

up slowest. drop fastest. Memang TOP

Posted by Algorithm_trading > 2020-12-09 11:06 | Report Abuse

maybe by next pandemic will increase back

hng33

20,491 posts

Posted by hng33 > 2020-12-09 12:24 | Report Abuse

cut kossan at 5.90-5.91

investmalysia

1,454 posts

Posted by investmalysia > 2020-12-09 12:25 | Report Abuse

5.9 only run meh?

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-09 15:22 | Report Abuse

UAE says Sinopharm vaccine has 86% efficacy against COVID-19

DUBAI (Reuters) - An experimental coronavirus vaccine developed by China’s Sinopharm has 86% efficacy against the virus, the United Arab Emirates health ministry said on Wednesday, citing an interim analysis of a human trial underway there.

The Gulf Arab state in July started Phase 3 clinical trials of the vaccine, developed by Beijing Institute of Biological Product, a unit of Sinopharm’s China National Biotec Group (CNBG). In September, the UAE approved its emergency use for certain groups.

The analysis also shows “99% seroconversion rate of neutralizing antibody and 100% effectiveness in preventing moderate and severe cases of the disease”, the ministry said in a statement carried by the state news agency.

“The analysis shows no serious safety concerns,” it said.

It also said it had officially registered the vaccine, without elaborating, and that 31,000 volunteers across 125 nationalities participated in the UAE trial.

https://www.reuters.com/article/health-coronavirus-emirates/update-1-uae-says-sinopharm-vaccine-has-86-efficacy-against-covid-19-idUSL1N2IP09V

jeremylin

231 posts

Posted by jeremylin > 2020-12-09 15:23 | Report Abuse

Kossan.... Go stunt...

Vulture123

405 posts

Posted by Vulture123 > 2020-12-09 15:31 | Report Abuse

Just saw Top Glove exceptional QR. Just based on dividend and results, Kossan is a Screaming Buy too at below 6 :-)

investmalysia

1,454 posts

Posted by investmalysia > 2020-12-09 17:27 | Report Abuse

Kossan asp will catch up in coming quarter

gloveharicut

1,067 posts

Posted by gloveharicut > 2020-12-09 17:32 | Report Abuse

TOPGLOV 2021 Q1 Zoom Briefing - The Best is Still Yet to Come. Strong order book & Higher contribution in coming Quarters https://klse.i3investor.com/blogs/gloveharicut/2020-12-09-story-h1537502804-TOPGLOV_2021_Q1_Zoom_Briefing_The_Best_is_Still_Yet_to_Come_Strong_orde.jsp

investmalysia

1,454 posts

Posted by investmalysia > 2020-12-09 17:57 | Report Abuse

Lead time 17 months!!!

stockraider

31,556 posts

Posted by stockraider > 2020-12-09 20:15 | Report Abuse

If topgloves very good result cannot rally the share price, that means gloves sector will be very bearish mah...!!

Thus sell off in all the gloves shares loh....!!

Posted by stockraider > Dec 9, 2020 8:08 PM | Report Abuse X

This bcos the good news already factor in the share price mah...!!

Going forward they knew the current very good profit cannot sustained mah...!!

Thus they sell ahead loh....!!

Posted by VolatileIsMyGold > Dec 9, 2020 4:59 PM | Report Abuse

Malaysian investors are the stuppidest & the weirdest in this whole wide universe

Any company makes awesome profit, they don't chase, but they dump

Then they go grabbing companies that make gigantic losses

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-09 22:40 | Report Abuse

United Arab Emirates Claims China’s Sinopharm Vaccine Is 100% Effective At Preventing Moderate And Severe Covid-19

TOPLINE The experimental vaccine developed by China National Pharmaceutical Group, also known as Sinopharm, is 86% effective at preventing Covid-19 infection and 100% effective at preventing severe and moderate disease, health officials from the United Arab Emirates announced Wednesday, although with scarce detail provided about the trial.

The UAE health ministry cited an interim analysis of a late-stage clinical trial involving 31,000 volunteers as the source of its information, though neither they nor Sinopharm provided any data from the trial to validate the claims such as how many participants were infected or how many actually received the vaccine.

The ministry said “no serious safety concerns” were observed, though, again, no information on side effects was provided.

The ministry said the announcement is a “significant vote of confidence by the UAE’s health authorities in the safety and efficacy of this vaccine.”

The ministry added that it had officially registered the vaccine at the request of the manufacturer, which it says could eventually lead to the shot’s widespread authorization.

https://www.forbes.com/sites/roberthart/2020/12/09/united-arab-emirates-claims-chinas-sinopharm-vaccine-is-100-effective-at-preventing-moderate-and-severe-covid-19/?sh=2a60fb42595c

arthur8756

146 posts

Posted by arthur8756 > 2020-12-10 19:35 | Report Abuse

Maybank tp rm10

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-10 23:59 | Report Abuse

Hong Kong’s Ming Pao daily said in its editorial that there were grounds to believe that the UAE must have been stringent with the review and registration of the Chinese vaccine, given the country’s record of being transparent in its anti-virus policymaking and mass testing.

“The UAE also maintains sound ties with the West so sourcing vaccines from the United States or elsewhere should not be a grave challenge. If the Chinese vaccine is not safe or effective, there is no reason for the UAE to endorse Beijing’s vaccine propaganda and risk its own image and the health of its own people.

“Thus the UAE’s approval and its top leader’s injection of the SinoPharm vaccine have come as a much-needed vote of confidence that will help convince more countries. Diversified supply of vaccines, with viable alternatives from China, is key to ensuring fair and equitable access by poor countries,” said the op-ed.

SinoPharm revealed that senior officials in Egypt and Bahrain also took part in trials held there.

https://asiatimes.com/2020/12/uae-gives-chinese-vaccines-a-shot-in-the-arm/

Kossan

303 posts

Posted by Kossan > 2020-12-11 01:10 | Report Abuse

Fresh from Reuters

Brazil’s health regulator has suspended the large, late-stage trial of an experimental Covid-19 vaccine by Chinese developer Sinovac following the death of a volunteer. In a statement on Thursday, national health surveillance agency Anvisa said “a severe adverse event” had occurred on without further elaboration. “The agency decided to suspend the study to evaluate the data observed so far and judge the risk and benefit of continuing the study,” it said.

kens88

698 posts

Posted by kens88 > 2020-12-11 09:22 | Report Abuse

limit down kossan?

Posted by PanjiAlam55 > 2020-12-11 09:34 | Report Abuse

Yes...I can't wait for rm4.00 yesss, will go in,, come on, come go down faster...plz. Now Kossan is hardly trying to get 1st place for the best Stock Loser board.. come on Kasson go for it.. yessss...hehehehe

Posted by PanjiAlam55 > 2020-12-11 09:35 | Report Abuse

Come on Kossan.. cepat turun rm4....yesss

Kossan

303 posts

Posted by Kossan > 2020-12-11 09:47 | Report Abuse

Fresh from Kenanga

Kenanga Research has reiterated its “outperform” call for Kossan Bhd with a higher target price (TP) of RM14, from RM 10.50 previously, based on 21.5 times calendar year 2021 estimated (CY21E) earnings per share (EPS) of 85.3 sen.

In a note today, Kenanga analyst Raymond Choo said this was lower than its previous price-earnings ratio (PER) of 21 times as he believes the valuations are pegged to supernormal earnings, and the upside to peak earnings should have been factored in.

However, he also raised the glove maker’s estimated net profit for the financial year ending Aug 31, 2020 (FY20E) and FY21E by 16% and 120% respectively to RM1 billion and RM 2 billion, resulting in higher EPS of 38 sen and 100.4 sen.

Posted by Random1121 > 2020-12-11 10:00 | Report Abuse

Useless counter, dropping all the way down from 7.70

investmalysia

1,454 posts

Posted by investmalysia > 2020-12-11 10:40 | Report Abuse

Really useless. Topglove being bash so hard with all the negative news also can maintain around 7. This keep dropping even without negative news

kens88

698 posts

Posted by kens88 > 2020-12-11 11:04 | Report Abuse

Q at limit down only. Lame duck

Posted by idkdontaskmelol > 2020-12-11 11:11 | Report Abuse

Hooray can c Mr_Kiah lose money. If here can giv likes sure got 1k like dy kikiki. Nice nice to see mr_kiah now bolui woohoo. Laz time always beg for likes, now beg for money oredi kikiki

bf70

212 posts

Posted by bf70 > 2020-12-11 11:30 | Report Abuse

Cash rich mana Boleh?

Posted by PanjiAlam55 > 2020-12-11 11:36 | Report Abuse

rm4 coming soon, can't wait for it.. yessssss

Posted by PanjiAlam55 > 2020-12-11 11:39 | Report Abuse

Soon or later..rm4 coming

Posted by Crazy crazy > 2020-12-11 11:41 | Report Abuse

Keep throwing, die die

Loading

351 posts

Posted by Loading > 2020-12-11 11:41 | Report Abuse

press SELECT, and then press UP, UP, DOWN, DOWN, LEFT, RIGHT, LEFT, RIGHT, B, A, START. u get extra 30 lives.

linheng

1,373 posts

Posted by linheng > 2020-12-11 11:50 | Report Abuse

Why going down so much?

genghis

451 posts

Posted by genghis > 2020-12-11 11:58 | Report Abuse

brutality

Posted by WeLoveSarawak > 2020-12-11 12:00 | Report Abuse

maybe owners selling off their shares again? prepare to go on long holiday and get covid vaccine...LOL..

merck

996 posts

Posted by merck > 2020-12-11 12:05 | Report Abuse

What happen to KL2? Kossan Latex plant2. Anyone know?

mita29

1,064 posts

Posted by mita29 > 2020-12-11 12:19 | Report Abuse

all dumped glove to buy bank stocks? lmao

arthur8756

146 posts

Posted by arthur8756 > 2020-12-11 12:25 | Report Abuse

This cb share i just buy 5.8 yesterday, today he drop 40sen for me

genghis

451 posts

Posted by genghis > 2020-12-11 12:30 | Report Abuse

this kossan look like want to aim to 5.maybe i m wrong.

Mat Cendana

2,340 posts

Posted by Mat Cendana > 2020-12-11 12:40 | Report Abuse

Getting whacked by my purchase of Kossan. As usual, I had bought too early and it's no fun seeing one's counter going lower and lower.

Fortunately I had stuck to my strategy of buying in stages and not "all in". Since the business fundamentals remain the same with glove companies I certainly won't be cutting loss. Instead will be buying another batch later at below 5.50 and thereby averaging the price. And then just wait.

jolow

652 posts

Posted by jolow > 2020-12-11 12:48 | Report Abuse

faster sell before too late. next week can down again

Posted by WealthSoWonderful > 2020-12-11 13:00 | Report Abuse

TOPGLOVE FOR LONG TERM INVESTMENT: A QUICK PRIMER

TopGlove IPO price RM2.70 March 2001

2,000 units = RM5,400

Bonus issues:
2002 3:10 ==> 2,600 units
2003 2:5 ==> 3,640 units
2005 1:1 ==> 7,280 units
2007 2:5 ==> 10,192 units
2010 1:1 ==> 20,384 units
2016 1:1 ==> 40,768 units
2018 1:1 ==> 81,536 units
2020 2:1 ==> 244,608 units

Today 244,608 units x RM8.70/unit = RM2,128,089

Capital Appreciation = From RM5,400 to RM2,128,089 in just 19 years

This is clear solid undoubtable undeniable evidence of the awesome benefit by way of exponential growth that you get from investing long term in TopGlove

Anyways, this is not a call for buy or sell, but just sharing of some inspirational motivational confidence-building information.

Do your own due diligence

Invest at your own risk

investmalysia

1,454 posts

Posted by investmalysia > 2020-12-11 13:46 | Report Abuse

Better put your money else where. Be it tenaga, dialog, serba, Genting.

Posted by marketpulse > 2020-12-11 14:04 | Report Abuse

glove counters are fundamentally rewarding for the coming 2020-2022, l will further buy more to average down...

Posted by Pgraduate123 > 2020-12-11 14:09 | Report Abuse

Gostan again, and again and again

investmalysia

1,454 posts

Posted by investmalysia > 2020-12-11 14:26 | Report Abuse

Better buy topglove and just leave there collect dividend if you want invest in glove counter

stevenckheng

1,348 posts

Posted by stevenckheng > 2020-12-11 15:17 | Report Abuse

last defense 5.3 if broke then can see 4

Posted by Pgraduate123 > 2020-12-11 15:19 | Report Abuse

Gostan Kossan, Gostan Kossan Gostan

chshzhd

1,908 posts

Posted by chshzhd > 2020-12-11 16:03 | Report Abuse

BUY!

stevenckheng

1,348 posts

Posted by stevenckheng > 2020-12-11 16:07 | Report Abuse

5.3 like become weaker le

kdginvest

217 posts

Posted by kdginvest > 2020-12-11 16:13 | Report Abuse

Come to papa please,
I'm waiting at RM5.

Selina888

306 posts

Posted by Selina888 > 2020-12-11 16:16 | Report Abuse

Once the stock wakes up, it should fly above 6 .....just you wait.

kdginvest

217 posts

Posted by kdginvest > 2020-12-11 16:18 | Report Abuse

RM5 coming soon, nice!

kdginvest

217 posts

Posted by kdginvest > 2020-12-11 16:18 | Report Abuse

Lets sell now before you sell at below RM5.

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