KOSSAN RUBBER INDUSTRIES BHD

KLSE (MYR): KOSSAN (7153)

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Last Price

2.36

Today's Change

+0.03 (1.29%)

Day's Change

2.35 - 2.38

Trading Volume

5,710,900


19 people like this.

16,202 comment(s). Last comment by KimSua 4 hours ago

MrGlover

247 posts

Posted by MrGlover > 2021-01-25 21:03 | Report Abuse

@beginner Actually it's the biggest gainer percentage wise. But still trailing from Dec 2020 closing. A lot of room to grow :)

TRYLUCK88

196 posts

Posted by TRYLUCK88 > 2021-01-25 21:17 | Report Abuse

sounds like Harta may go south tomorrow. oth 3 also will tag along?

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-25 21:28 | Report Abuse

Kossan is going to join the billion dollar club (RM billion quarterly PAT) soon, just a matter of time ...

Brutus

313 posts

Posted by Brutus > 2021-01-25 21:31 | Report Abuse

@GoodBoy, I also wish but cannot see it in this coming quarter. Next quarter, we will be surprised if Kossan do not hit the Billion Dollar (Profit) Club.

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-25 21:42 | Report Abuse

I can wait, I believe many investors eagerly waiting as well ...

MrGlover

247 posts

Posted by MrGlover > 2021-01-25 22:09 | Report Abuse

Yes, I think Kossan is the dark horse which will spring a pleasant surprise for all investors! Amazing value at current price :)

Ron90

4,119 posts

Posted by Ron90 > 2021-01-25 22:39 | Report Abuse

today zero RSS for kossan, they attacked Harta (551,700 shares) and TG (5.2 mil) .. maybe they will attacked Kossan above 4.50 level... just beware

MrGlover

247 posts

Posted by MrGlover > 2021-01-25 22:42 | Report Abuse

@Ron90 It has been 0 RSS for past 3 days, likely no one lending to them. Anyhow, it's gonna be tough to short the Gloves since all announcing Q and divvy soon :)

Ron90

4,119 posts

Posted by Ron90 > 2021-01-25 22:47 | Report Abuse

they haven't reach the limit 4%.. spare bullets to strike at higher price la.. RSS big shark also, Dont think RSS players donno the expected QR, they r professional investors with big pocket.

MrGlover

247 posts

Posted by MrGlover > 2021-01-25 23:01 | Report Abuse

They haven't reached 4% limit doesn't mean they can short. Someone needs to be willing to loan them the shares. If no willing party, even at 0% short position, they can't short. Yes they are big shark, but even big shark don't want to pay divvy to lender, they already have to pay an interest for shares that they've shorted. They just gonna lose more if they drag longer.

Mabel

24,158 posts

Posted by Mabel > 2021-01-26 00:20 | Report Abuse

Nothing Naysayers said today will make Mabel angry..

Have you check what happened to Mabel's Hartalega today?

See Mabel told you Naysayers oledi you are going to miss alot of Lobsters in 2021..

Next you are going to miss Kossan lobsters too

Meow Meow Meow Meow

Targeted

2,604 posts

Posted by Targeted > 2021-01-26 00:35 | Report Abuse

.
https://www.cnbc.com/2021/01/25/covid-vaccine-moderna-working-on-covid-booster-shots-for-south-african-strain.html

Additional round of vaccinations coming up......

So now need 3 shots.........soon 1 vaccine a year..... Demand for facemasks and gloves goin to skyrocket.......

OkieDokie

197 posts

Posted by OkieDokie > 2021-01-26 00:38 | Report Abuse

hartalega's meagre divvy, need 10,000 shares to afford one good lobster meal at Ocean Green Seafood

Hopefully, kossan can do better than that ......

With the windfall PAT, any cheapskate among the glove counters deserve to be the shorties suitors.

meow meow meow

jeremylin

231 posts

Posted by jeremylin > 2021-01-26 00:57 | Report Abuse

kossan tomorrow up 8%

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-26 01:12 | Report Abuse

RSS traders did not buy back any shares of Kossan, Harta, TopGlov n SuperMax on last Friday 22/01/2021 ...

linheng

1,373 posts

Posted by linheng > 2021-01-26 02:38 | Report Abuse

Posted by MrGlover > Jan 25, 2021 11:01 PM | Report Abuse
They haven't reached 4% limit doesn't mean they can short. Someone needs to be willing to loan them the shares. If no willing party, even at 0% short position, they can't short. Yes they are big shark, but even big shark don't want to pay divvy to lender, they already have to pay an interest for shares that they've shorted. They just gonna lose more if they drag longer.
SPOT ON. THE BIGGEST POSSIBLE LENDER IS EPF. YOU GUYS NEED TO SPEND 2 MINUTES WRITING A EMAIL TO EPF TO CONDEMN SBL ACTIVITY

Posted by GoldenHarvest1 > 2021-01-26 04:59 | Report Abuse

Employee welfare paramount in TopGlove expansion plans

https://www.theedgemarkets.com/article/top-glove-wellbeing-employees-paramount-expansion-plans

Posted by GoldenHarvest1 > 2021-01-26 05:01 |

Post removed.Why?

Posted by GoldenHarvest1 > 2021-01-26 05:01 |

Post removed.Why?

Posted by GoldenHarvest1 > 2021-01-26 05:02 |

Post removed.Why?

CSOON 77

176 posts

Posted by CSOON 77 > 2021-01-26 05:25 | Report Abuse

BIDEN : AID ISSUES GO HAND IN GLOVE

chtan33

242 posts

Posted by chtan33 > 2021-01-26 06:08 | Report Abuse

kossan earnings might very well will catch up

TRYLUCK88

196 posts

Posted by TRYLUCK88 > 2021-01-26 09:00 | Report Abuse

just throwing an idea.... Bonus declaration by Kossan ??

jeremylin

231 posts

Posted by jeremylin > 2021-01-26 09:24 | Report Abuse

What happend to kossan? Kena short.... One day up.. One day double down... Bolehland

casanwk

1,496 posts

Posted by casanwk > 2021-01-26 09:34 | Report Abuse

Smart $ sell at key level
450 is a that level- resistance
They don't sell anywhere !

aspenvit

293 posts

Posted by aspenvit > 2021-01-26 09:34 | Report Abuse

All glove counters funds inflow (rising) as per Deviation Expert for few weeks already, as compared with dropping share price. So....

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-26 09:40 | Report Abuse

I guess IBs are doing their dirty job by trying to lower the share price again ... Last 2 days (26/01/2021 n 27/01/2021) of price fixing for their Call Warrants expiring on 29/01/2021 ...

MrGlover

247 posts

Posted by MrGlover > 2021-01-26 09:55 | Report Abuse

Yeap, don't need to panic at all. Will bounce back easily. Keep focus on Kossan Q report and divvy coming :)

MrGlover

247 posts

Posted by MrGlover > 2021-01-26 10:40 | Report Abuse

Any shorting on BIG 4 today?

Brutus

313 posts

Posted by Brutus > 2021-01-26 10:51 | Report Abuse

@MrGlover
10:50am RSS Vol

TG 2,005,200, SMx 27,300, Hartalega 126,900 & Kossan 0

Posted by JuzzyOracle > 2021-01-26 10:55 | Report Abuse

MrGlover, may I know what is the consensus in regards to the coming QR and Divvy?

"Yeap, don't need to panic at all. Will bounce back easily. Keep focus on Kossan Q report and divvy coming :)"

MrGlover

247 posts

Posted by MrGlover > 2021-01-26 10:58 | Report Abuse

@Brutus Thanks. So withdrawal this morning probably influenced by TG and profit taking from yesterday's gain.

MrGlover

247 posts

Posted by MrGlover > 2021-01-26 11:02 | Report Abuse

@JuzzyOracle QR report will surely be fabulous. All Big gloves should be following TG's lead on quarterly divvy. I'm really positive on price appreciation leading up to mid Feb at the very least. That's my view. :)

Posted by ILoveGloves > 2021-01-26 11:48 | Report Abuse

After last friday rally. Today is T+2 contra. Gloves are much undervalued, prepare your bullets to buy after 12pm. Smart investors now are slowly prepare for THKS. Be optimistic, for those got mental problem who always keeping on against gloves i don't know what thier motive.

5c0160

1,763 posts

Posted by 5c0160 > 2021-01-26 11:48 | Report Abuse

One day show. LOL

Posted by ILoveGloves > 2021-01-26 11:50 | Report Abuse

We buy share to have profit sharing, a company can generate huge profit and in undervalued situation if not going for investors to pick, then what kind of share still can be considered, right?

beginner

1,285 posts

Posted by beginner > 2021-01-26 11:55 | Report Abuse

kyy already told nothing can go up or down forever, just another consolidation before it moving up to next high

beginner

1,285 posts

Posted by beginner > 2021-01-26 12:00 | Report Abuse

shorties still no buy back single share from last Fri, believe yesterday also no single share buy back. Soon topglov will announce the QR and divvy, will shorties launch share buy back before the divvy ex-date. else they have to pay very huge sum on divvy making them even deeper into the shxt

MrGlover

247 posts

Posted by MrGlover > 2021-01-26 12:13 | Report Abuse

Be cool as cucumber. Buy back will come soon :)

UnkleLim

511 posts

Posted by UnkleLim > 2021-01-26 12:21 | Report Abuse

Kena short today? Lucky sold in the morning

Posted by Duckvader118 > 2021-01-26 12:25 | Report Abuse

Lelong2... Its time to buy in bulk... No need to look back... Done buy today

GoodBoy

6,594 posts

Posted by GoodBoy > 2021-01-26 12:30 | Report Abuse

RSS sold volumes for today from 9:00 am to 12:30 pm ... Kossan 0 shares, Hartalega 198,100 shares, SuperMax 57,400 shares, TopGlove 3,010,000 shares ...

Bullrunrun

971 posts

Posted by Bullrunrun > 2021-01-26 12:35 | Report Abuse

When others are fearful
I may buy back some below 4.10

mita29

1,064 posts

Posted by mita29 > 2021-01-26 12:38 | Report Abuse

It looks like consolidation phase (after huge mark down phase). it's ok got shorties accompany us here. We buy to gain div, they short sell to pay div.

drgondrong

135 posts

Posted by drgondrong > 2021-01-26 13:04 | Report Abuse

From my understanding, nobody cannot short when price is down. Kossan open at 4.40 it means the price is lower than yesterday closing price. Same situation as other glove counters. So no shorting can be done right?

MoneyAndHoney

2,479 posts

Posted by MoneyAndHoney > 2021-01-26 13:18 | Report Abuse

Oh dear

MoneyAndHoney

2,479 posts

Posted by MoneyAndHoney > 2021-01-26 13:19 | Report Abuse

Habis la itu Sinovac vaccine

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