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

684,500


19 people like this.

16,201 comment(s). Last comment by Chipee 21 hours ago

sureup1

45 posts

Posted by sureup1 > 2021-03-10 11:02 | Report Abuse

Lim Kuang ?, SBB why not buying?

sureup1

45 posts

Posted by sureup1 > 2021-03-10 11:04 | Report Abuse

Enter CI FF will buy?

sureup1

45 posts

Posted by sureup1 > 2021-03-10 11:06 | Report Abuse

TG, Supermax up >3% why Kossan <1%?

Posted by yjasonng2020 > 2021-03-10 15:24 | Report Abuse

RSS army guarded Kossan very closely, once hit 3.83 above, RSS army will start shorting to make the price drop below 3.8

Posted by Rahmat_Daud086 > 2021-03-10 22:51 | Report Abuse

MBB takes revenge on TG bcos Tan Sri Lim said TG will overtake MBB in market capitalization.If include SGX & soon HKX listing, TG will overtake MBB who is now jealous. Somemore, Tan Sri said TG will be Fortune 500 company.

HrryPttr

1,975 posts

Posted by HrryPttr > 2021-03-11 00:42 | Report Abuse

Casino de Bursa need to revise this RSS rule. Seems like it’s a game with one guaranteed winner. But no they don’t care. Casino has no rule

nuilam hali

1,365 posts

Posted by nuilam hali > 2021-03-11 07:56 | Report Abuse

One of the latest UK coronavirus variants is up to 100 per cent deadlier than previous strains, British researchers say. They say it's also up to 70 per cent more transmissible. Follow live.

kl2318

42 posts

Posted by kl2318 > 2021-03-11 18:04 | Report Abuse

The boss's job is not to defend share price.

maxx papa

78 posts

Posted by maxx papa > 2021-03-12 08:01 | Report Abuse

Wonder why Kossan price keep dropping? Anyone has insider news?

Keyman188

5,968 posts

Posted by Keyman188 > 2021-03-12 08:21 | Report Abuse

Biden will direct states to make all adults eligible for Covid vaccine by May 1

(PUBLISHED THU, MAR 11 20216:30 PM ESTUPDATED THU, MAR 11 20216:51 PM EST)

~ President Joe Biden is set to announce that he will direct states to make all adults eligible for the Covid vaccines by May 1.

~ Biden in his first primetime address to the nation is also expected to say that Americans should be able to gather in small groups to celebrate the Fourth of July.

~ The speech comes hours after Biden signed into law the $1.9 trillion Covid relief bill, which he had strongly pushed during his first 50 days in office.

WASHINGTON – President Joe Biden is set to announce Thursday evening that he will direct states to make all adults eligible for the Covid vaccines by May 1.

Biden, in his first primetime address to the nation, is also expected to say that Americans should be able to gather in small groups to celebrate the Fourth of July, a senior administration official told reporters Thursday.


## https://www.cnbc.com/2021/03/11/covid-vaccine-biden-will-direct-states-to-make-all-adults-eligible-by-may-1.html

PityMe

21 posts

Posted by PityMe > 2021-03-12 11:27 | Report Abuse

Conned by IBs' TP who care abt us?

Posted by Rahmat_Daud086 > 2021-03-12 13:42 | Report Abuse

MBB's jealous of TG's profit and dividends (all surpassed MBB's performance) caused this temporary drop.If TG drops, all other glove counters affected.

Posted by laosai_glove > 2021-03-12 16:52 |

Post removed.Why?

5c0160

1,763 posts

Posted by 5c0160 > 2021-03-12 18:27 | Report Abuse

3.10 soon. Admit.sunset.industry

Gaussian

3,118 posts

Posted by Gaussian > 2021-03-12 21:50 | Report Abuse

No worries. EPF holding is 9% now

yingkang87

445 posts

Posted by yingkang87 > 2021-03-12 22:14 | Report Abuse

Epf is buy back the RSS la!! Will drop further

yingkang87

445 posts

Posted by yingkang87 > 2021-03-12 22:14 | Report Abuse

Ya agree with 5c0160

alanleeky

430 posts

Posted by alanleeky > 2021-03-13 14:29 | Report Abuse

Basic rules of share mkt :-
When people dump then we buy.
When people chase then we sell.

Shines

2,824 posts

Posted by Shines > 2021-03-13 15:54 | Report Abuse

Not really a sunset industries, is just growth is ???.

Covidcovid

410 posts

Posted by Covidcovid > 2021-03-13 18:52 | Report Abuse

Haiya. Remember WB famous quote. Buy when people are fearful. Lol

Keyman188

5,968 posts

Posted by Keyman188 > 2021-03-13 19:46 | Report Abuse

Okok...since like this scenario...

Keyman188 next week onward start to buy in slowly slowly Kossan...

If not Keyman188 worry will left behind to earn more pocket money...


wkwkwk...kekeke...

yingzhe17

878 posts

Posted by yingzhe17 > 2021-03-14 22:25 | Report Abuse

Short

Consultant

1,200 posts

Posted by Consultant > 2021-03-15 08:58 | Report Abuse

going to drop to rm1 wakakaka

casanwk

1,496 posts

Posted by casanwk > 2021-03-15 09:37 | Report Abuse

Macd display bullish divergence (daily chart)
Price continue downtrend
Sign of price reversal or consolidation?

casanwk

1,496 posts

Posted by casanwk > 2021-03-15 09:55 | Report Abuse

Buyer lai liao
They know it too is a bullish divergence
Price have complete 5 move
From point A to B.

Ubah_

352 posts

Posted by Ubah_ > 2021-03-15 10:51 | Report Abuse

Big 4 gloves why become cheaper and cheaper?

casanwk

1,496 posts

Posted by casanwk > 2021-03-15 12:28 | Report Abuse

Come retest 3.54
Hihihi

yingzhe17

878 posts

Posted by yingzhe17 > 2021-03-15 15:21 | Report Abuse

Short short

casanwk

1,496 posts

Posted by casanwk > 2021-03-15 16:22 | Report Abuse

3.53 better support?

5354_

4,793 posts

Posted by 5354_ > 2021-03-15 16:28 | Report Abuse

Malaysian rubber glove group says 2021 supply estimated at 420 billion amid global shortage
https://www.malaymail.com/amp/news/malaysia/2021/03/15/malaysian-rubber-glove-group-says-2021-supply-estimated-at-420-billion-amid/1957916

casanwk

1,496 posts

Posted by casanwk > 2021-03-15 16:37 | Report Abuse

Waiting macd crossover signal line to buy(10 minutes).

No_margin

18 posts

Posted by No_margin > 2021-03-16 10:33 | Report Abuse

Gloves rebound why Kossan no follow?

casanwk

1,496 posts

Posted by casanwk > 2021-03-16 11:39 | Report Abuse

Come retest again 352 to 354
(Ardy cut 394 and 6% loss :(

staedy

707 posts

Posted by staedy > 2021-03-16 15:55 | Report Abuse

this counter really is stagnant and not moving at all. wtf?

casanwk

1,496 posts

Posted by casanwk > 2021-03-16 16:24 | Report Abuse

Smart $ alway anchor price at bearish position(weekly)
So either it move a bit or doesn't move at all

AdCool

3,864 posts

Posted by AdCool > 2021-03-16 16:24 | Report Abuse

This counter is already done with accumulation. Hence, there s no point to move it up or down. Gonna trade side way until all other gloves brothers are in position. Just be patient and wait. Can see the same for Top Glove and Supermax. only Harta is still quite big movement and high PE. Need to wait for this Harta

casanwk

1,496 posts

Posted by casanwk > 2021-03-16 16:38 | Report Abuse

If bearish setup is high probability
Bearish trader will sell again
Luckily local ib will let it happen
They know kossan fair value
:)

thashali

22 posts

Posted by thashali > 2021-03-16 16:56 | Report Abuse

louzy counter among the gloves

Albukhary

3,042 posts

Posted by Albukhary > 2021-03-16 17:02 | Report Abuse

Dont worry, Kossan will come back 1 day.
Just a matter of time.

躺下有几长,站着就有几高。

Kossan ASP is the lowest amongst all glove, because the boss is very conservative. It still have minimum 6 quarter to show Q-to-Q profit increase.

I think now their quarter report ASP is showing last year May-June ASP price. Next quarter will reflect July-Aug ASP, which is minimum 30% higher than previous quarter.

8888_

2,923 posts

Posted by 8888_ > 2021-03-17 10:52 | Report Abuse

CalvinTanEng no more Kossan? Why people here like unknown?

8888_

2,923 posts

Posted by 8888_ > 2021-03-17 10:53 | Report Abuse

Big 4 the lousiest even EPF buy more?

thashali louzy counter among the gloves
16/03/2021 4:56 PM

Posted by Silentreader88 > 2021-03-17 17:11 | Report Abuse

Top Gloves share price movement (chart) is impressive, can see it slowly and technically rebound, even some second liner like HLT, comfort, rubberex, carepls follow. Will kossan eventually follow? .. Likely yes.

Albukhary

3,042 posts

Posted by Albukhary > 2021-03-17 19:43 | Report Abuse

I have developed a new valuation method for Glove Stock.

Scenario 1 - If the PBT increased more than 30% QnQ
Fair Price = Current Quarter EPS x 4 quarter x 4 PE

Scenario 2 - If the PBT increased more than 20% QnQ
Fair Price = Current Quarter EPS x 4 quarter x 5 PE

Scenario 3 - If the PBT increased more than 10% QnQ
Fair Price = Current Quarter EPS x 4 quarter x 6 PE

Scenario 4 - If the PBT remain same (+/- 5%) QnQ
Fair Price = Current Quarter EPS x 4 quarter x 7 PE

Scenario 5 - If the PBT decreased less than 10% QnQ
Fair Price = Current Quarter EPS x 4 quarter x 8 PE

Scenario 6 - If the PBT decreased more than 20% QnQ
Fair Price = Current Quarter EPS x 4 quarter x 9 PE

Scenario 7 - If the PBT decreased more than 30% QnQ
Fair Price = Current Quarter EPS x 4 quarter x 10 PE

Scenario 8 - If the PBT decreased more than 40% QnQ
Fair Price = Current Quarter EPS x 4 quarter x 11 PE

Scenario 9 - If the PBT decreased more than 50% QnQ
Fair Price = Current Quarter EPS x 4 quarter x 12 PE

Scenario 10 - If the PBT decreased more than 60% QnQ
Fair Price = Current Quarter EPS x 4 quarter x 13 PE

Posted by MorningGlory123 > 2021-03-18 14:58 | Report Abuse

Covid-19 pandemic: Italy to shut shops and schools amid infection spike

https://www.bbc.com/news/world-europe-56382608

Outbreak again

8888_

2,923 posts

Posted by 8888_ > 2021-03-18 15:05 | Report Abuse

UOB TP RM 5 realistic?

5c0160

1,763 posts

Posted by 5c0160 > 2021-03-18 18:09 | Report Abuse

Glove is sunset industry with vaccine out.

Posted by NoPowerAtAll > 2021-03-19 12:45 | Report Abuse

rm1 coming

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