KOSSAN RUBBER INDUSTRIES BHD

KLSE (MYR): KOSSAN (7153)

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Last Price

2.37

Today's Change

+0.04 (1.72%)

Day's Change

2.35 - 2.38

Trading Volume

2,134,400


19 people like this.

16,201 comment(s). Last comment by Chipee 1 day ago

jeremylin

231 posts

Posted by jeremylin > 2021-02-15 13:37 | Report Abuse

END OF THIS MONTH RM 5.5

Posted by yjasonng2020 > 2021-02-15 15:39 | Report Abuse

end of today, below RM4. JPM must be very happy

casanwk

1,496 posts

Posted by casanwk > 2021-02-15 16:07 | Report Abuse

Price consolidation in complex third wave
Awaiting for qtr result as a catalyst to break 4.50 and 4.72
Qtr result will out second or third week this month
Dividend to declare too.
Expected revenue and eps to be super excellent.
Hold tight tight don't give in cheap ticket to jpm.

casanwk

1,496 posts

Posted by casanwk > 2021-02-15 16:25 | Report Abuse

Last smart $ buying in is on 9 jan21. They bought 150 million shares(weekly chart). Price range from 3.55 to 4 55. They are still holding on these cheap tickets. They expecting a breakout too. And so is retailer.

Posted by yjasonng2020 > 2021-02-15 16:39 | Report Abuse

9 Jan 21 was saturday, JPM can buy ?

casanwk

1,496 posts

Posted by casanwk > 2021-02-15 16:44 | Report Abuse

Weekly chart

5c0160

1,763 posts

Posted by 5c0160 > 2021-02-15 19:37 | Report Abuse

Totally game over counter.

Lanmum

360 posts

Posted by Lanmum > 2021-02-15 19:39 | Report Abuse

I sad to see this stock chart.

nuilam hali

1,365 posts

Posted by nuilam hali > 2021-02-16 07:45 | Report Abuse

wellcome to break 4 today

linheng

1,373 posts

Posted by linheng > 2021-02-16 07:58 | Report Abuse

The price goes down because of lack of interest. Just buy and hold. You probably cannot get another share with better fundamental on Bursa. The 2% short sell also needs to be covered back. Hope thet declared a good dividend on Thursday

gemfinder

6,880 posts

Posted by gemfinder > 2021-02-16 08:08 |

Post removed.Why?

casanwk

1,496 posts

Posted by casanwk > 2021-02-16 08:48 | Report Abuse

In 30 minutes chart
There is a doji and bearish candlestick bar above it
This form bullish chart pattern
Meaning price have a high probability of going up!

Taipan

1,139 posts

Posted by Taipan > 2021-02-16 08:55 | Report Abuse

Truly appreciate if the 4 big glove companies and the other glove manufactures could announce officially their revenue reports for just the month of January 2021 which is since the release of vaccines and adaptation of new norms. Let us all know once and for all whether vaccines and new norms generate demands for glove. In most countries now from the picture on the web, gloves are being used for every vaccination, manufacturing, distribution chain, etc, etc. Is this the catalyst for demand on gloves?. Since vaccination will continue for years to come, will this mean continuous glove demand? With the emergence of virus variants, will this increase the glove demand?

Posted by ranacinggey > 2021-02-16 09:34 | Report Abuse

going to rm1!!!!!!!

casanwk

1,496 posts

Posted by casanwk > 2021-02-16 10:01 | Report Abuse

They(jpm) park there big block at 4
Just to create fear , panic & mental stress for innocent uncles and aunties
Hopefully they don't cancel
If they do , an investigations is required!

Posted by yjasonng2020 > 2021-02-16 10:39 | Report Abuse

RSS guys play day trade, short at 4.05 - 4.06 yesterday15 Feb, then close it same at 4.00 - 4.01, RSS Volume is 1.25M, so total net position remain same.

Bullrunrun

971 posts

Posted by Bullrunrun > 2021-02-16 11:30 | Report Abuse

EPF buying into TOPGLOVE and KOSSAN

jeremylin

231 posts

Posted by jeremylin > 2021-02-16 12:41 | Report Abuse

All glove stocks going down toilet lorrrr.... Bolehland.... Good become bad... Bad become good... Worse become best

mita29

1,064 posts

Posted by mita29 > 2021-02-16 13:58 | Report Abuse

It's normal lah, buy on weakness, sell on apa?? Global central banks stimulus fuel stock market rally, but the real money will flow to health care sectors for many years. Like I predicted many months back glove companies might become low PE cash rich high dividend company. Looks like we are heading that direction.

mita29

1,064 posts

Posted by mita29 > 2021-02-16 14:44 | Report Abuse

Please sell your glove to shorties and make kossan <PE 3 hahahha
https://www.grandviewresearch.com/industry-analysis/nitrile-gloves-market

azee

78 posts

Posted by azee > 2021-02-16 15:05 | Report Abuse

Kossan buys property from CBIP for RM40m to facilitate production expansion

yhs1988

6 posts

Posted by yhs1988 > 2021-02-16 15:40 | Report Abuse

Pity malaysian retailers. Bursa allow RSS to steal hard earn money from retailers

Posted by karma_is_real > 2021-02-16 16:08 | Report Abuse

Padan muka! Deserve it! All these glove supporters eat back own karma now

Padan muka! Deserve it! All these glove supporters eat back own karma now

Padan muka! Deserve it! All these glove supporters eat back own karma now

Ukga

44 posts

Posted by Ukga > 2021-02-16 16:59 | Report Abuse

Sit tight buy low and enjoy the dividends. Cheers and stay safe.

casanwk

1,496 posts

Posted by casanwk > 2021-02-16 17:08 | Report Abuse

Next support rm3.9
Will qr report out tomorrow?

Hl123456

221 posts

Posted by Hl123456 > 2021-02-16 17:30 | Report Abuse

think should be end of march if following previous years

mita29

1,064 posts

Posted by mita29 > 2021-02-16 17:52 | Report Abuse

My source 18th out

5c0160

1,763 posts

Posted by 5c0160 > 2021-02-16 18:30 | Report Abuse

No matter how good is the QR also cnt push the price up . IS GAME OVER.

Brutus

313 posts

Posted by Brutus > 2021-02-16 18:45 | Report Abuse

KOSSAN Financial year end net profit 1.903 billion (increased 734.99%)

Brutus

313 posts

Posted by Brutus > 2021-02-16 18:47 | Report Abuse

Dividend announce 0.03 (Interim Dividend) + 0.08 (Special Dividend)

TRYLUCK88

196 posts

Posted by TRYLUCK88 > 2021-02-16 18:52 | Report Abuse

better than supermax 3.8 sen only.

Brutus

313 posts

Posted by Brutus > 2021-02-16 18:54 | Report Abuse

See if FY21 onwards Kossan adopt quarterly dividend payout similar to TG. Currently is still half yearly payout.

chshzhd

1,908 posts

Posted by chshzhd > 2021-02-16 18:55 | Report Abuse

if tomoro go south buy more :)

casanwk

1,496 posts

Posted by casanwk > 2021-02-16 19:01 | Report Abuse

Smell $$$$! Must continue to topup these few days . U don't get second chance again.
:)

yingkang87

445 posts

Posted by yingkang87 > 2021-02-16 19:04 | Report Abuse

Quarter result not so attractive o

Posted by Jesselivermore > 2021-02-16 19:05 | Report Abuse

lol yingkang. apa lagi u mau?

yingkang87

445 posts

Posted by yingkang87 > 2021-02-16 19:07 | Report Abuse

At least double la like harta

huat8787

389 posts

Posted by huat8787 > 2021-02-16 19:27 | Report Abuse

good profit..5 times extra proft

Lanmum

360 posts

Posted by Lanmum > 2021-02-16 19:28 | Report Abuse

Congrats to all shareholder. I guess this is the best we have achieved. Hope for the best tomorrow

Brutus

313 posts

Posted by Brutus > 2021-02-16 20:17 | Report Abuse

Do note that back in Nov 2020, Kossan donated RM 50M for the COVID19 Tabung. Otherwise their PAT will be closer to RM 600M.

mf

29,156 posts

Posted by mf > 2021-02-16 20:21 | Report Abuse

sell on qr

linheng

1,373 posts

Posted by linheng > 2021-02-16 20:24 | Report Abuse

11 cents for $4 share. Thats about 3% div yield. This yr 2000 profit is 1.09B. Next yr 2021 is 2.79B and 2022 is 1.57B. Let it drop again. Will top up again.

linheng

1,373 posts

Posted by linheng > 2021-02-16 20:24 | Report Abuse

[14:29, 16/02/2021] LH: For its financial year ended Dec 31, 2020 (FY20), FY21 and FY22, HLIB Research is forecasting Kossan to see a core profit after tax (PAT) of RM1.02 billion, RM2.79 billion and RM1.51 billion respectively, from RM973.9 million, RM2.15 billion and RM1.04 billion respectively previously.

As for Hartalega’s FY21, FY22 and FY23, it is now expected to make RM3.23 billion, RM5.21 billion and RM2.85 billion respectively, from RM2.7 billion, RM3.27 billion and RM3.23 billion previously forecast.

For Top Glove Corp Bhd’s FY21, no changes have been made with a core PAT assumption of RM10.61 billion. Its FY22 and FY23 forecasts have been set at RM5.34 billion and RM3.57 billion respectively from RM5.33 billion and RM3.86 billion previously.
[14:30, 16/02/2021] LH: Market Cap: 10,180 Million
NOSH: 2,558 Million
[14:32, 16/02/2021] LH: TopGlove Mkt Cap Market Cap: 50,444 Million
NOSH: 8,202 Million
[14:33, 16/02/2021] LH: Hartalega Mkt Cap Market Cap: 42,845 Million
NOSH: 3,428 Million

linheng

1,373 posts

Posted by linheng > 2021-02-16 20:25 | Report Abuse

Compare using the Mkt Cap, Kossan got the best profit among the 3

5c0160

1,763 posts

Posted by 5c0160 > 2021-02-16 20:32 | Report Abuse

If result good share price continue dropping also rubbish. LOL.

casanwk

1,496 posts

Posted by casanwk > 2021-02-16 20:36 | Report Abuse

Ultimatun trending support 370
Price reversal on this support: 31 dec08, 30 dec11 & 28 jun19
Most probably cannot reach
Trader will buy early....
Hihihi

Ukga

44 posts

Posted by Ukga > 2021-02-16 20:44 | Report Abuse

If the shares price remain low.....Sit tight, buy more before ex date and enjoy the high dividends payout this time round. Cheers and stay safe.

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