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

mita29

1,064 posts

Posted by mita29 > 2021-03-19 15:06 | Report Abuse

alot of short sellers looking to feast on low price... everyday come here spread negative news hoh...

Posted by MorningGlory123 > 2021-03-19 21:46 | Report Abuse

Can the US avoid a European-style new wave of coronavirus infections?


US health experts say Europe’s spike in new infections and hospitalizations should be a warning against dropping safeguards early


https://www.theguardian.com/us-news/2021/mar/18/us-coronavirus-europe-lockdown-vaccines

Posted by MorningGlory123 > 2021-03-19 21:47 | Report Abuse

European Zone cases have been spiking, so US shall be next?

Posted by MorningGlory123 > 2021-03-20 09:05 | Report Abuse

Charts show that Europe’s third coronavirus wave has begun

https://www.cnbc.com/2021/03/19/europes-third-coronavirus-wave-has-arrived.html

Posted by MorningGlory123 > 2021-03-20 09:05 | Report Abuse

3rd waive of spiking at European Zone unavoidable now

linheng

1,373 posts

Posted by linheng > 2021-03-20 09:19 | Report Abuse

THE RSS SHORT POSITION ON KOSSAN HAVE BEING REDUCED. THE SHARE PRICE HAD NOT RECOVERED MUCH PROBABLY BECAUSE KOSSAN DROP THE LEAST AMONG THE TOP 4. BASED ON TP BY IBs, KOSSAN GOT THE MOST UPSIDE.

gohku

373 posts

Posted by gohku > 2021-03-20 09:39 | Report Abuse

I think can start looking at Gloves Counter

Posted by MorningGlory123 > 2021-03-21 15:39 | Report Abuse

Brazil Covid variant detected in New York resident for the first time, Cuomo says


https://www.cnbc.com/2021/03/20/brazil-covid-variant-detected-in-new-york-resident-for-the-first-time-cuomo-says.html

Posted by MorningGlory123 > 2021-03-21 15:39 | Report Abuse

Oh no, I think outbreak again

Posted by MorningGlory123 > 2021-03-21 20:29 | Report Abuse

German Covid Rate Hits Two-Month High With Leaders Set to Meet

https://www.bloomberg.com/news/articles/2021-03-21/german-covid-rate-hits-two-month-high-with-leaders-set-to-meet?srnd=premium-asia

I think Covid variant is unavoidable, there is the reason why virus spiking again and again

Posted by MorningGlory123 > 2021-03-21 23:31 | Report Abuse

Covid cases are rising in 21 states as health officials warn against reopening too quickly


https://www.cnbc.com/2021/03/20/covid-cases-are-rising-in-21-states-as-health-officials-warn-against-reopening-too-quickly.html


Unavoidable US will be the next virus spiking

8888_

2,923 posts

Posted by 8888_ > 2021-03-22 08:54 | Report Abuse

EPF buying and buying.

8888_

2,923 posts

Posted by 8888_ > 2021-03-22 08:54 | Report Abuse

19-Mar-2021 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 965,400 shares on 16-Mar-2021.
19-Mar-2021 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 1,000,000 shares on 12-Mar-2021.

DaitoRyu

1,459 posts

Posted by DaitoRyu > 2021-03-22 12:35 | Report Abuse

8888 you must be stuck at a high price? You advertise the acquisitions but not the disposals.

numberone

372 posts

Posted by numberone > 2021-03-22 16:10 |

Post removed.Why?

DaitoRyu

1,459 posts

Posted by DaitoRyu > 2021-03-22 17:15 | Report Abuse

We don't care here about XOX, it was obvious since its inception.

nuilam hali

1,365 posts

Posted by nuilam hali > 2021-03-23 06:55 | Report Abuse

give dividend 11 sen. value drop from 4.50 to 3.50 drop rm1.............

nuilam hali

1,365 posts

Posted by nuilam hali > 2021-03-23 06:56 | Report Abuse

another dividend drop another rm1 become rm2.50

Posted by Silentreader88 > 2021-03-23 08:56 | Report Abuse

at least we can see some rebound and fight back in supermax, topglove, harta from their lowest 8 months price, but kossan none. even adventa and LKL loss making company got bounce. sigh*

Posted by burstglove > 2021-03-23 09:14 | Report Abuse

SC cracking down prepaid advisory groups mah all who joined telegram of fb investing groups all got spooked and flee

5c0160

1,763 posts

Posted by 5c0160 > 2021-03-23 17:10 | Report Abuse

Totally game over . Below 3 next week

Posted by TraderMarky > 2021-03-23 22:23 | Report Abuse

I have analysed Kossan. It would appear that the falling share price will continue for another month and may well go sub RM 3.
The 3 months after that could see a rebound to circa RM 4.8

Consultant

1,200 posts

Posted by Consultant > 2021-03-24 10:08 | Report Abuse

it might go even to 2 haha =DD

BagHolder

14 posts

Posted by BagHolder > 2021-03-24 14:47 | Report Abuse

Base on my bag holder analysis, this will get to 3.1 very soon. Heavy selling pressure and bad market sentiment

Posted by FortuneBlooming > 2021-03-24 19:47 | Report Abuse

tradermarky, consultant, bagholder etc., you guys go back gambling with your gambling gang frends in air asia & genting la

Posted by FortuneBlooming > 2021-03-24 19:58 | Report Abuse

Kossan not suitable for gambling gang types like you

tamp0i

912 posts

Posted by tamp0i > 2021-03-24 23:00 | Report Abuse

I like... The more it drop, the more I can buy...

numberone

372 posts

Posted by numberone > 2021-03-25 00:02 |

Post removed.Why?

Posted by MorningGlory123 > 2021-03-25 07:13 | Report Abuse

Global COVID-19 cases rise for 4th straight week


https://www.cidrap.umn.edu/news-perspective/2021/03/global-covid-19-cases-rise-4th-straight-week


In its latest weekly snapshot of global COVID-19 activity, the World Health Organization (WHO) said yesterday that cases rose for the fourth week in a row, led by cases in the Americas and Europe, with deaths now leveling off after a 6-week drop.

Though much of the rise was spread across four of the WHO's regions, rises were especially steep in certain countries, such as India, where cases were up by 35% over the previous week.

Posted by MorningGlory123 > 2021-03-25 07:13 | Report Abuse

Virus outbreak coming back again

Posted by blackleopard > 2021-03-25 10:19 | Report Abuse

Photos show US border facility crowded with migrant children...
Oh...no...terrible. Very unhumanitarian

https://www.aljazeera.com/news/2021/3/22/biden-administration-faces-new-scrutiny-on-unaccompanied-minors

Posted by MorningGlory123 > 2021-03-25 11:30 | Report Abuse

Malaysian rubber glove group says 2021 supply estimated at 420 billion amid global shortage


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


KUALA LUMPUR, March 15 — Malaysia, the world’s biggest rubber gloves manufacturer, is racing to increase production to close a supply gap caused by the coronavirus pandemic that it warns could last until into 2023.

Even with global production expected to ramp up to 420 billion this year from 380 billion last year and annual growth of 10-15 per cent, Supramaniam said excess demand could run into 2023. Malaysia expects to supply 280 billion, or 67 per cent, of that increased global supply.

Posted by MorningGlory123 > 2021-03-25 11:30 | Report Abuse

Glove demand still not sufficient to meet global need

BagHolder

14 posts

Posted by BagHolder > 2021-03-25 13:53 | Report Abuse

Astrazeneca safe to use. Glove asp will start reducing 2nd half of year. Don’t be a bag holder. Sell call

linheng

1,373 posts

Posted by linheng > 2021-03-25 20:29 | Report Abuse

Ask people to sell when even EPF is buying and the dividend yield so good. Nice play

awesome20

1,198 posts

Posted by awesome20 > 2021-03-25 20:29 | Report Abuse

gloves gogogogo

Selina888

306 posts

Posted by Selina888 > 2021-03-25 20:43 | Report Abuse

No one complained last year when the price went up leaps and bounds. It was one darling which greedy punters reaped their profits, chest thumbing and spoken confidently how great a company. Now with price level going south, people started to show their anger. How realistic and fast they changed. Investing should be on a long term. Cannot win everytime.

nuilam hali

1,365 posts

Posted by nuilam hali > 2021-03-25 21:32 | Report Abuse

Grave concerns over new ultra-infectious Covid variant found in PNG - and it's already reached Australia

Posted by burstglove > 2021-03-26 09:10 |

Post removed.Why?

oskchoon

3,186 posts

Posted by oskchoon > 2021-03-26 10:06 | Report Abuse

Today is the last day to entitle of 5 sens dividend for Comfort Glove, hurry up and grab some as the PE is only 4.34... NOSH is 583 millions shares..

AdCool

3,864 posts

Posted by AdCool > 2021-03-26 11:45 | Report Abuse

if you noticed, for the past 2 weeks, the global cases have been rising and yesterday it touched back 600K++ cases. Sooner or later, the IBs and market markers would change their tune and bullish on gloves / medical again as they may claim the pandemic isnt ending soon and ASP would not drop drastically but gradually only in mid 2022. Prior in saying that, they would accumulated lot of gloves shares and buying cheap from those paper hands who sold to them cheaply. Thanks to all the negatives media and shorting.

Posted by burstglove > 2021-03-26 12:35 |

Post removed.Why?

Consultant

1,200 posts

Posted by Consultant > 2021-03-26 16:59 | Report Abuse

quit kossan and join topglove =DDD kossan is weakling haha

Consultant

1,200 posts

Posted by Consultant > 2021-03-26 17:01 | Report Abuse

burstglove.. you like to spread fake news.. lousy fella.. why got people like you in this world

linheng

1,373 posts

Posted by linheng > 2021-03-27 18:36 | Report Abuse

Go to Bursa website and check Net Short Position. The short sellers are covering Kossan.
Minus 1.54% to Minus 1.38% in 1 day ie 24th to 25th March 2021. Better buy now before the price start moving up again. At the peak, Kossan was Minus 2.25%

Brutus

313 posts

Posted by Brutus > 2021-03-27 21:26 | Report Abuse

1M Share Buyback on 25/3!

5c0160

1,763 posts

Posted by 5c0160 > 2021-03-29 18:36 | Report Abuse

Sunset company . Will drop to 3.10 tis werk.

Posted by thomas_dennis > 2021-03-29 21:39 | Report Abuse

that word sunset, u are implying covid pandemic will be gone off by this week rite?

AngryBird

170 posts

Posted by AngryBird > 2021-03-30 10:49 | Report Abuse

buy happily at 3.4 hehe

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