KOSSAN RUBBER INDUSTRIES BHD

KLSE (MYR): KOSSAN (7153)

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Last Price

2.33

Today's Change

+0.05 (2.19%)

Day's Change

2.29 - 2.38

Trading Volume

11,371,600


19 people like this.

16,201 comment(s). Last comment by Chipee 17 hours ago

Posted by Lukey_Greek > 2021-04-21 09:34 | Report Abuse

Kossan total net profit per quarter about the same with Supermx. Market cap is 35% discount of Supermx as at yesterday closing price. & Kossan demand higher PE ratio than Supermx prior to Covid-19.

Do you own choice on which counters to buy, or assess how underprice Kossan is if compared to peers.

monorail

78 posts

Posted by monorail > 2021-04-21 09:34 | Report Abuse

Sold all at 4.11. TQ Kossan

Bizfuneng

883 posts

Posted by Bizfuneng > 2021-04-21 09:38 | Report Abuse

So today is your escape route. Congrats.

5354_

4,793 posts

Posted by 5354_ > 2021-04-21 09:39 | Report Abuse

Not sour grape like many here? Never heard buy how can sell haha.

monorail Sold all at 4.11. TQ Kossan
21/04/2021 9:34 AM

dompeilee

11,888 posts

Posted by dompeilee > 2021-04-21 09:45 | Report Abuse

Posted by dompeilee > Jan 5, 2021 10:00 AM

Speculatively bought Kossan @ 3.89

YAY!!! Finally in a clear profit after averaging down 3 lots of Kossan @ 3.76 for the previous dividend! =)

monorail

78 posts

Posted by monorail > 2021-04-21 09:51 | Report Abuse

Bought last month. Ok la next time I will announce haha

Posted by 5354_ > Apr 21, 2021 9:39 AM
Not sour grape like many here? Never heard buy how can sell haha.

5354_

4,793 posts

Posted by 5354_ > 2021-04-21 09:54 | Report Abuse

Not honest. Show me your last month post.

monorail Bought last month. Ok la next time I will announce haha

Posted by 5354_ > Apr 21, 2021 9:39 AM
Not sour grape like many here? Never heard buy how can sell haha.
21/04/2021 9:51 AM

Hector

30 posts

Posted by Hector > 2021-04-21 10:03 | Report Abuse

What is Kossan target price? this share already melt down for 4 months, will it climb back on 6?

5354_

4,793 posts

Posted by 5354_ > 2021-04-21 10:09 | Report Abuse

Can you hold if more than 1 month must wait?

Hector What is Kossan target price? this share already melt down for 4 months, will it climb back on 6?
21/04/2021 10:03 AM

bzeew

320 posts

Posted by bzeew > 2021-04-21 10:09 | Report Abuse

In its March 2021 projections, the Malaysian Rubber Glove Manufacturers Association
(“MARGMA”) expects Malaysia’s glove export revenue for 2021 to hit RM38 billion compared with RM35.3
billion in 2020. MARGMA projects annual global demand growth of 15-20% moving forward, with global
demand at 420 billion pieces for 2021.

5354_

4,793 posts

Posted by 5354_ > 2021-04-21 10:11 | Report Abuse

12 sen dividend next month is sure not TP.

5354_

4,793 posts

Posted by 5354_ > 2021-04-21 10:12 | Report Abuse

0.12/4.05<1 year FD?

5354_

4,793 posts

Posted by 5354_ > 2021-04-21 10:13 | Report Abuse

Supermax 3.8 sen dividend why 5.6 people chase?

5354_

4,793 posts

Posted by 5354_ > 2021-04-21 10:16 | Report Abuse

Kossan EPS>TopGlove although cheaper >1.4.

Undi_PKR

945 posts

Posted by Undi_PKR > 2021-04-21 10:26 | Report Abuse

Big 4 gloves cheapest bec RSS behind?

Undi_PKR

945 posts

Posted by Undi_PKR > 2021-04-21 10:43 | Report Abuse

PKR will ban RSS not backdoor PN?

Undi_PKR

945 posts

Posted by Undi_PKR > 2021-04-21 11:06 | Report Abuse

PBB TP RM 6.1? Ask KYY visit Kossan Meru factory.

Hector

30 posts

Posted by Hector > 2021-04-21 11:27 | Report Abuse

I believe until 2022 April the profit still intact, don't the price will push up higher. Put it in freezer and continue get the dividend unless it hit RM5.5-6.

Undi_PKR

945 posts

Posted by Undi_PKR > 2021-04-21 11:33 | Report Abuse

6.1 if can get KYY interest or new govn?

Hector

30 posts

Posted by Hector > 2021-04-21 11:33 | Report Abuse

Better Don't involve uncle KY here, his reputation not so good now!

Posted by Undi_PKR > Apr 21, 2021 11:31 AM | Report Abuse

6.1 if can get KYY interest?

Undi_PKR

945 posts

Posted by Undi_PKR > 2021-04-21 11:36 | Report Abuse

6 DY 2% like FD?

Undi_PKR

945 posts

Posted by Undi_PKR > 2021-04-21 11:37 | Report Abuse

FD 1 year to get 2% but Kossan <1 month to get 12 sen dividend which 1 better?

Hector

30 posts

Posted by Hector > 2021-04-21 11:42 | Report Abuse

To be frank, his blogger/article is BIAS and easy to mislead people, no same like 冷眼 more neutral!

Posted by wallstreetrookie > 2021-04-21 12:03 | Report Abuse

US inflation concerns. Foreign funds rotation in value stocks and emerging markets in Asia

zamsaham

778 posts

Posted by zamsaham > 2021-04-21 12:46 | Report Abuse

pancut awal this Kossan
EX date still far away
wait for a week or so, then hantam sikit lah

5c0160

1,763 posts

Posted by 5c0160 > 2021-04-21 13:27 | Report Abuse

Afternoon weak game over? Operator run with news out.

brian3381

1,888 posts

Posted by brian3381 > 2021-04-21 13:27 |

Post removed.Why?

5c0160

1,763 posts

Posted by 5c0160 > 2021-04-21 13:29 | Report Abuse

Most slowest big 4 glove counter.

brian3381

1,888 posts

Posted by brian3381 > 2021-04-21 13:32 | Report Abuse

bcos management guidance asp oredi peak

5c0160

1,763 posts

Posted by 5c0160 > 2021-04-21 13:33 | Report Abuse

Supermax no new also up the same witb kossan that declare huge quarter profit. LOL. kossan really super old engine

spyking

534 posts

Posted by spyking > 2021-04-21 13:42 | Report Abuse

why brian3381 so desperate ask people dont buy?

Posted by I_like_dividend > 2021-04-21 13:43 | Report Abuse

>3% FD in 2 weeks I enjoy first.

newbie5354_

1,303 posts

Posted by newbie5354_ > 2021-04-21 14:39 | Report Abuse

Not he want to buy cheap so we must pay more?

spyking why brian3381 so desperate ask people dont buy?
21/04/2021 1:42 PM

newbie5354_

1,303 posts

Posted by newbie5354_ > 2021-04-21 14:40 | Report Abuse

If brian3381 not interested why waste time here? Can he answer newbie like myself?

soon9913

2,816 posts

Posted by soon9913 > 2021-04-21 14:49 | Report Abuse

and the huge receivables should have been collected in Apr or else where got so much cash to pay div on 20.5 . the div pymt will cost at least rm300mil

Why_

794 posts

Posted by Why_ > 2021-04-21 14:53 | Report Abuse

Supermax 3.8 sen dividend(last QR) >RM 5.5 is cheap not Kossan 12 sen dividend?

beso

2,137 posts

Posted by beso > 2021-04-21 15:27 | Report Abuse

haha, result out so pushed up for selling.

bzeew

320 posts

Posted by bzeew > 2021-04-21 15:44 | Report Abuse

Thanks to cheap labor and a quirk of geography—natural rubber and the chemicals that make synthetic rubbers like nitrile are mainly produced in Asia—the glove market is dominated by companies in Southeast Asia. That means it’s nearly impossible for countries outside the region to make enough gloves domestically, as they did for masks and gowns.

bzeew

320 posts

Posted by bzeew > 2021-04-21 15:48 | Report Abuse

Prices of gloves are still rising in 2021 even with vaccination campaigns under way around the world.
Every single month, the price of gloves has gone up. It’s a nice moneymaking opportunity if you’re a manufacturer.

Hector

30 posts

Posted by Hector > 2021-04-21 16:08 | Report Abuse

Keep for dividend unless hit RM6... No pressure to hold if confirm good result until next year. Is the matter of time to hit the TP. unless you are contra player!

soon9913

2,816 posts

Posted by soon9913 > 2021-04-21 16:37 | Report Abuse

If supermax worth rm5.6, I think kossan should at least worth rm5 given similar revenue and earning per share. most undervalue gems

5c0160

1,763 posts

Posted by 5c0160 > 2021-04-21 17:10 | Report Abuse

Today who bot at 4.1+ for contra player go holland. Really the most rubbish top 4 glove counter. LOL.

monorail

78 posts

Posted by monorail > 2021-04-21 17:26 | Report Abuse

Lucky got escape at 4.11 haha

James Ng

2,704 posts

Posted by James Ng > 2021-04-21 19:48 | Report Abuse

https://klse.i3investor.com/blogs/general/2021-04-21-story-h1564077308.jsp
[转贴] [Video:浅谈KOSSAN RUBBER INDUSTRIES BHD, KOSSAN, 7153] - James的股票投资James Share Investing

Mabel

24,155 posts

Posted by Mabel > 2021-04-21 22:47 | Report Abuse

KUALA LUMPUR (April 20): Kossan Rubber Industries Bhd reported today a record high quarterly net profit of RM1.04 billion for the first quarter ended March 31, 2021 (1QFY21). The glove maker will pay out roughly one-third of its quarterly net profit as interim dividend.

“Against this backdrop, Kossan has delivered its best-ever performance with profit before tax surpassing the RM1 billion mark in the quarter under review, driven by the unprecedented demand for the group’s glove products,” it said in a filing with Bursa Malaysia today

Fantastic Result from one of Mabel's Fantastic Four...

This Dividends will go to the Orphanage.

Well done Kossan !'

Expecting another stellar results from her siblings Fantastic Four!

Meow Meow Meow Meow

brian3381

1,888 posts

Posted by brian3381 > 2021-04-21 23:23 | Report Abuse

I oredi said, never trade kosan. Tricky counter

Mabel

24,155 posts

Posted by Mabel > 2021-04-22 00:14 |

Post removed.Why?

bwulf

182 posts

Posted by bwulf > 2021-04-22 02:27 | Report Abuse

Good video from James Ng.

sten_still

409 posts

Posted by sten_still > 2021-04-22 08:57 | Report Abuse

pe is only 4.9, what a very cheap

Posted by Insider Forecast > 2021-04-22 09:27 | Report Abuse

undervalued counter...should go at least RM5.5

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