Posted by kens88 > 2020-12-21 15:01 | Report Abuse

Rubbish

Posted by LaoTzeAhSir > 2020-12-21 15:02 | Report Abuse

Everybody, retailers, non-shortist banks, foreign retailers, investors and big players should now all come TOGETHER to blast the institutional shortists and school them a big time lesson for manipulating the share price at the cost of other ordinary people.

#Harta #Topglov #Supermx # Kossan #forceShortistToRecoverPosition #killshorts

Posted by LaoTzeAhSir > 2020-12-21 15:03 | Report Abuse

Everybody, retailers, non-shortist banks, foreign retailers, investors and big players should now all come TOGETHER to blast the institutional shortists and school them a big time lesson for manipulating the share price at the cost of other ordinary people.

#Harta #Topglov #Supermx # Kossan #forceShortistToRecoverPosition #killshorts #OnePeopleOneGloveSharesCampaign, let's do this!

Posted by LaoTzeAhSir > 2020-12-21 15:09 | Report Abuse

Let's spread this and blast the unethical RSS institutional shortists together. #ForceToRecoverShortPosition@higherPrice. #RetailersPower #ComeAsOne

Posted by 5c0160 > 2020-12-21 21:09 | Report Abuse

Operator try to trap ikan bilis. Hopeless.

Posted by Apple1234 > 2020-12-21 23:02 | Report Abuse

Kossan have too much of worker kena covid-19, I think is turn after Topglove need close some factory for tow week, the result might be affected.

Posted by Apple1234 > 2020-12-21 23:05 | Report Abuse

If wanna invest at Kossan, better invest Topglove and Supermax.

Posted by lovefromgod > 2020-12-21 23:08 |

Post removed.Why?

Posted by ProsperousRealm > 2020-12-22 06:40 | Report Abuse

Glove bull wave 3 coming soon

Posted by ProsperousRealm > 2020-12-22 06:40 | Report Abuse

Guys getting tired of krappy bullshhitty excessively overhyped recovery theme & vaccine theme stocks with lousy fundamentals & hopeless earnings potentials

Posted by ProsperousRealm > 2020-12-22 06:40 | Report Abuse

They'll all be dumping throwing those stocks fairly soon

Posted by newbie911 > 2020-12-22 07:31 | Report Abuse

There's a "fair chance that there are more cases of this variant across Europe that we just haven't detected yet," said Emma Hodcroft, U.S.-British molecular epidemiologist, based at the University of Bern.

Posted by kd88 > 2020-12-22 14:10 | Report Abuse

Key takwaway from today EGM

- MS not only ventured into glove business but also planning to venture into other healthcare related business which could include personal protection, pharmaceutical, services and / or upstream product.
- MS understand the importance of R & D and they will invest into this. They also have talent who have experience in this area
- MS will look for business opportunity with RCEP partner in Asia
- The glove production line is high speed one and highly ajtomated with auto stacking and auto stripping features. The production capability is 38k pieces per hours per production line. Industry highest is Hartalega production line which can produce 45k pieces per hour per line.
- They will continue focus in automation development, same as what they are doing in plastic segment
- As a new player, they have more options to choose between spot order and contractual order. Take note that the spot selling price could be 50% to 100% higher than contractual selling price.
- As a new player, their production line is new which half of production line from old player could be old already. This could bring more efficiency to MS compared to other old player.
- They have received more than 60 letter of intent from customer.
-They are unable to provide profit guidance. But they mentioned spot selling price per 1k piece for nitrile glove is USD 80 to 160,while the cost from USD 27 to USD 50
- For the capex of RM 160m, they are looking to pay back within 1 to 1.5 yea

Posted by kd88 > 2020-12-22 14:11 | Report Abuse

Dump your low profit margin kossan and buy high selling spot price mah sing.

Posted by Silentreader88 > 2020-12-22 14:25 | Report Abuse

bursa and casino is no different. all lousy fundamental will fly high cause sharks love to goreng them, while true and genuine investor will stuck in super good fundamental counter. so sad

Posted by onlyhuat > 2020-12-22 15:49 | Report Abuse

Despite 427 out of a total of 7,004 employees testing positive for Covid-19, Kossan Rubber Industries Bhd founder Tan Sri Lim Kuang Sia, who is also the company's CEO and managing director, expects the impact to be less than 2% of the group's bottom line.

Posted by onlyhuat > 2020-12-22 15:50 | Report Abuse

Lim confirmed with theedgemarkets.com that only one site out of the group’s six locations, or 25% of its total output volume, was affected by the outbreak.The impact on production is only for two weeks (starting from Dec 4). So, the impact on our profit is less than 2%,

Posted by 5c0160 > 2020-12-22 17:54 | Report Abuse

The only glove counter thats red color in price. Hopeless something wrong with the company.

Posted by kens88 > 2020-12-22 20:52 | Report Abuse

if glove asp really drop, demand unsustainable etc etc, what for people buy mahsing

Posted by Morpheus61 > 2020-12-22 20:56 | Report Abuse

ken88, Bang on target bro ! That's the question the IB needs to answer

Posted by greedy44444 > 2020-12-22 21:32 | Report Abuse

TG, Kossan,...next glove stock with close order because of covid-19 ??

Posted by Gaussian > 2020-12-22 22:03 | Report Abuse

These sohai IB don’t know why they sell TG and buy kossan

Posted by Gaussian > 2020-12-22 22:04 | Report Abuse

Logically should buy TG when they have screened all their workers

Posted by VolatileIsMyGold > 2020-12-23 04:03 | Report Abuse

Glove bull wave 3 coming

Posted by VolatileIsMyGold > 2020-12-23 04:04 | Report Abuse

Possibly triggered by new strain of covid-19 virus found in UK, which current vaccines being developed might not be able to handle

Posted by VolatileIsMyGold > 2020-12-23 04:04 | Report Abuse

Major EU countries like France already banned flights & other travel from UK

Posted by Ryan83 > 2020-12-23 08:33 | Report Abuse

KUALA LUMPUR: Kossan Rubber Industries Bhd has detected an additional 563 positive Covid-19 cases as of Dec 21 and the affected plant will remain closed until Dec 30.

In a filing with Bursa Malaysia today, the rubber glove maker said another 7,000 employees were screened for Covid-19 following its Dec 16 statement that 427 positive cases had been detected at the premises of one of its plants.

The company had conducted a re-screening for the employees in the affected plant premises, it said.

"Arising from the subsequent screening, an additional 563 positive cases were detected as at Dec 21, 2020.

"Due to continuous efforts of mitigation, containment and prevention of the widespread pandemic, the affected plant premises will remain closed until Dec 30, 2020," it said.

Posted by hng33 > 2020-12-23 09:50 | Report Abuse

bought kossan with margin at 5.04-5.06

Posted by calvintaneng > 2020-12-23 09:52 | Report Abuse

Posted by hng33 > Dec 23, 2020 9:50 AM | Report Abuse

bought kossan with margin at 5.04-5.06


HNG33 SO CLEVER?

BUY KOSSAN THE VERY BEST IN TERM OF QUALITY & DEEP VALUE?

HOORAY!!

Posted by hasnah > 2020-12-23 10:24 | Report Abuse

563 employees of Kossan Rubber Industries Bhd tested positive for Covid-19 as of yesterday, causing the affected plant in Klang to remain suspended until Dec 30. This raises to 990 the number of Kossan employees who have been infected with the virus.

Posted by hasnah > 2020-12-23 10:24 | Report Abuse

Kossan halted operations at the plant from Dec 4 after 427 employees tested positive during company-wide screenings of close to 7,000 employees. It had hoped to reopen the affected plant in stages starting yesterday.

Posted by gloveharicut > 2020-12-23 10:45 | Report Abuse

https://klse.i3investor.com/blogs/gloveharicut/2020-12-23-story-h1538365535-Freight_Management_looks_to_strengthen_presence_in_international_market.jsp

Posted by casanwk > 2020-12-23 11:35 | Report Abuse

Buy 5.07
Riding on third wave
(Elliot)

Posted by hng33 > 2020-12-23 11:58 | Report Abuse

why kossan is the best among the top 4 ? the main reason is kossan ASP is still far laggard behind others, as most of its customer is long term buyer which kossan commit longer grace period. However, Kossan have manage to play significantly chase up. Upcoming Q4 ASP is 50% higher than earlier Q3. The profit margin will expanded very significantly. in contrast, supermax ASP already reached topside, ASP can only hike further 5% only. Thus, kossan EPS growth will leap up further 2x in next upcoming Q4 result

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

Playing catching up is not good enough . When market show down nothing to catch up . If glove demand continues, opp lost is lost .

Posted by casanwk > 2020-12-23 12:26 | Report Abuse

Today expected tp- 515
(High probability)

Posted by gloveharicut > 2020-12-23 12:27 | Report Abuse

https://klse.i3investor.com/blogs/gloveharicut/2020-12-23-story-h1538365753-GLOVEs_shortage_to_last_beyond_March_2022.jsp

Posted by eyeHunter > 2020-12-23 16:54 | Report Abuse

KOSSAN* (BUY TP: MYR7.90)
-Selling overdone

Posted by 5c0160 > 2020-12-23 18:50 | Report Abuse

TP wrote by gunman instructed by boss to trap ppl.

Posted by kd88 > 2020-12-23 19:16 | Report Abuse

Key takwaway from today EGM

- MS not only ventured into glove business but also planning to venture into other healthcare related business which could include personal protection, pharmaceutical, services and / or upstream product.
- MS understand the importance of R & D and they will invest into this. They also have talent who have experience in this area
- MS will look for business opportunity with RCEP partner in Asia
- The glove production line is high speed one and highly ajtomated with auto stacking and auto stripping features. The production capability is 38k pieces per hours per production line. Industry highest is Hartalega production line which can produce 45k pieces per hour per line.
- They will continue focus in automation development, same as what they are doing in plastic segment
- As a new player, they have more options to choose between spot order and contractual order. Take note that the spot selling price could be 50% to 100% higher than contractual selling price.
- As a new player, their production line is new which half of production line from old player could be old already. This could bring more efficiency to MS compared to other old player.
- They have received more than 60 letter of intent from customer.
-They are unable to provide profit guidance. But they mentioned spot selling price per 1k piece for nitrile glove is USD 80 to 160,while the cost from USD 27 to USD 50
- For the capex of RM 160m, they are looking to pay back within 1 to 1.5 yea

Posted by kd88 > 2020-12-23 19:17 | Report Abuse

Kossan already fully valued and time to look for mah sing which valued yet to unlock.

Posted by Kevin Tam > 2020-12-23 20:23 | Report Abuse

Can Kossan go down to 4.60-4.85 in next week? :)

Posted by 5c0160 > 2020-12-23 20:49 | Report Abuse

With so many employee covid cases, company game over.

Posted by Silentreader88 > 2020-12-23 20:51 | Report Abuse

Source : KENANGA, Price Call : BUY, Price Target : 7.50
Last Price : 5.05, Upside/Downside : +2.45(48.51%)

emmmm... waiting until?

Posted by Silentreader88 > 2020-12-23 20:53 | Report Abuse

Sharks entered at 5.05 until 5.15 last week and this week, there must be something happen soon.

Posted by haha1234 > 2020-12-24 10:00 | Report Abuse

raw material price drop
https://www.theedgemarkets.com/article/rubber-market-continues-downtrend

Posted by haha1234 > 2020-12-24 10:18 | Report Abuse

gg pls dont malaysia
https://www.nst.com.my/world/world/2020/12/651852/singapore-reports-1st-case-covid-19-strain-uk

Posted by investortrader88 > 2020-12-24 10:22 | Report Abuse

my queue buy matched at RM 5.01 just now.good luck guys !

Posted by hng33 > 2020-12-24 10:26 | Report Abuse

cut kossan at 5.05

Posted by hng33 > 2020-12-24 10:27 | Report Abuse

seem market still against glove stock......