Posted by Chipee > 2024-05-06 09:48 | Report Abuse

Yup he is back. Kossan from Rm1 to Rm2.30 .. He keep bad mouthing Kossan. And Kossan keep going up.
Miss the boat? 😂😂😂🤣😂😂🤣😂🤣

Posted by Chipee > 2024-05-06 12:49 | Report Abuse

Got a feeling Kossan wants Harta to release their results first. What do you guy think?
Before covid, Kossan usually release around 25 May.

Posted by chunah > 2024-05-06 14:17 | Report Abuse

NatsukoMishima Malaysia glove business still worth PE: > 300

He know nothing about glove and sour grapes

Posted by chunah > 2024-05-06 14:19 | Report Abuse

Y on y Malaysia glove export 1st more tha double compared to last year

Posted by chunah > 2024-05-06 14:19 | Report Abuse

1st qtr

Posted by chunah > 2024-05-06 16:06 | Report Abuse

adventa revenue almost double in latest QR
Already black

Posted by ryoyagod > 2024-05-06 16:49 | Report Abuse

No nid to doubt, Natsuko missed the boat and became sour grapes

Posted by Mini2021 > 2024-05-08 04:19 | Report Abuse

Kossan will hit RM 3 by month end....hold your seat belt ..

Posted by ChandranG > 2024-05-09 19:26 | Report Abuse

EPF keep collecting. What does that tell you 😉

Posted by newbie9893 > 2024-05-10 14:51 | Report Abuse

Glove sector will be the next theme to play..buy now to be rewarded kaw kaw soon............

Posted by ChandranG > 2024-05-13 20:19 | Report Abuse

Yupe, buy now and get rewarded later

Posted by Endgame > 2024-05-13 20:49 |

Post removed.Why?

Posted by KimSua > 2024-05-14 07:41 | Report Abuse

https://www.reuters.com/world/how-hard-will-new-biden-tariffs-hit-china-2024-05-13/ will know by wed morning

Posted by Chipee > 2024-05-14 11:54 | Report Abuse

Thx you KimSua. Good read.

Posted by PatrickOng123 > 2024-05-15 09:38 | Report Abuse

Thx Kossan let me exit at 2.70 recovering my mistake made 2 years b4 entered @ 2.9X,With dividends received,just even the price.

Posted by Siow Looi > 2024-05-15 11:32 | Report Abuse

Slow and steady

Posted by khair17 > 2024-05-15 14:11 | Report Abuse

miss the boat..

Posted by Chipee > 2024-05-15 14:42 | Report Abuse

Kossan up slower than the rest. Market is still trading on old mindset (basically pre-Covid). Kossan has almost zero debt and Rm2bill in cash. Utilization rate can easily filled up for higher demands. And their cash position can easily finance for expansion or production improvement (automation). We will see their Q1 2024 result and subsequently Q2.

Posted by Chipee > 2024-05-15 14:53 | Report Abuse

Oh and Kossan already started giving dividend compare to Harta.

Posted by Sweetchocalates > 2024-05-15 15:41 | Report Abuse

As typical, most useless glove stock among the big players. Laggard like in 2020 lol

Posted by Chipee > 2024-05-15 17:29 | Report Abuse

Still ... Kossan is abt 35% above pre-covid value.
Harta is 25% BELOW pre-covid value. ... Actually Kossan is the only glove company way above pre-covid value.
This "useless" company is better than Harta. LoL

Sweetchocalates

As typical, most useless glove stock among the big players. Laggard like in 2020 lol

Posted by KimSua > 2024-05-15 17:41 | Report Abuse

I am done. Trade with care. The qtrly report might not overshadow this tariff news rally. Anyway good luck

Posted by Chipee > 2024-05-15 19:06 | Report Abuse

Good luck KimSua. Thx for playing.

Posted by Chipee > 2024-05-15 19:08 | Report Abuse

TAN SRI DATO' LIM KUANG SIA dispose ... that's why institution investors dislike Kossan.
CEO himself dump own share when sentiment is good. Damn pariah one this fella.

Posted by OnTime > 2024-05-15 19:18 | Report Abuse

and he made it so obvious lol.

Posted by Chipee > 2024-05-15 22:01 | Report Abuse

But I'm still invested. Just like YTLPower ... have not install their nvidia gpu ..their price already shoot up to Rm5+. WHether can make money or not ... their price already shoot up. Imagine glove companies that will have CERTAINTY on tariff on Chinese gloves. Ride the wave up from this point onwards. ..until news changes.

Posted by alibaba88 > 2024-05-16 09:17 | Report Abuse

GLOVE

Let’s buy agains , Let’s ppl jealous

Posted by skyjet > 2024-05-16 10:12 | Report Abuse

Big boss start selling KOSSAN. Please check.

Posted by Sweetchocalates > 2024-05-16 11:21 | Report Abuse

As i have said. Most useless glove stock among thr biggies. Rise the least and drop the same amount as the rest. LOL. Kossan has already reached its yesterday gap up point while the rest are only halfway there.

Posted by abcb > 2024-05-16 11:23 | Report Abuse

Overvalued and overbought
Worth 2.20

Posted by abcb > 2024-05-16 11:24 | Report Abuse

Technically may drop back 2.40 soon

Posted by abcb > 2024-05-16 11:32 | Report Abuse

Nothing worth to chase at so high price
This is not COVID-19 anymore
Worth 2.10

Posted by abcb > 2024-05-16 11:39 | Report Abuse

Don't hurry to chase ,pls cool down,it will back to normal soon

Posted by abcb > 2024-05-16 11:43 | Report Abuse

It looks syndicates start to unload the share

Posted by abcb > 2024-05-16 11:46 | Report Abuse

Don't ever catch the falling knife or you will hurt soon

Posted by Chipee > 2024-05-16 12:52 | Report Abuse

Yesterday's shoot up is just a taste to come. Trump election win (if he wins) gonna be spectacular for gloves.
I'm still holding. Whether it's Democrats or Republican, US sentiment on China is negative. My bet is on that sentiment. As far as I know, Kossan & Harta are the only companies that weren't banned by US at port entry during covid for ESG violation. Kossan is working towards Harta setup with automation and efficiency. Rm2b in cash allows them to upgrade. All these naysayers are day traders. Background noise like mosquitos. LoL

Posted by 5354_ > 2024-05-16 13:46 | Report Abuse

TS Lim Kuang Sia RM 1+ also disposed so he not everytime sure right?

Posted by Chipee > 2024-05-16 14:48 | Report Abuse

TS Lim Kuang Sia got 70,238,904 Kossan shares (Not including privately owned share in Kossan Sdn Bhd).
Yesterday, he sold 4mill shares is 5.6% of his porfolio. If include shares in Kossan Sdn Bhd, it is probably less than 1%.
Say he sold at Rm2.75 x 4 mill = Rm11 million.

Like I said Lim Kuang Sia damn pariah ceo. Do day trading on his own company. 70 years old already. Maybe want to enjoy his life before kick the bucket. 😂😂😂

Posted by Chipee > 2024-05-16 14:51 | Report Abuse

Yeah. TS Lim Kuang Sia cannot control the market price. He see huge gap up. He sells.
Characteristic of a day trader.


5354_

TS Lim Kuang Sia RM 1+ also disposed so he not everytime sure right?

Posted by mf > 2024-05-16 14:53 | Report Abuse

collect,

Posted by Sweetchocalates > 2024-05-16 16:09 | Report Abuse

Tg supermx harta have rebounded. What is kossan doning??? LOL

Posted by Chipee > 2024-05-16 16:44 | Report Abuse

How is your Iskandar Waterfront? Leaking? 😂

Sweetchocalates

Tg supermx harta have rebounded. What is kossan doning??? LOL

Posted by 5354_ > 2024-05-16 20:13 | Report Abuse

2024-05-16

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 1,189,200 shares on 13-May-2024.

2024-05-16

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 600,000 shares on 13-May-2024.

Posted by 5354_ > 2024-05-16 20:14 | Report Abuse

Luckily TS Lim Kuang Sia no more sell today, who sell?

Posted by 5354_ > 2024-05-16 20:23 | Report Abuse

Maybe tomorrow Kossan turn to rebound.

Sweetchocalates

Tg supermx harta have rebounded. What is kossan doning??? LOL

4 hours ago

Posted by ChandranG > 2024-05-17 12:00 | Report Abuse

Uncle Lim took profit and earned 💰💰💰 Example of buy low, sell high

Posted by Albukhary > 2024-05-17 13:45 | Report Abuse

Very confidence today will break RM2.60.
Next week will be challenge RM3.00.

Posted by Epseps > 2024-05-17 13:50 | Report Abuse

Base on your words I will buy more later. Lol

Posted by Chipee > 2024-05-17 13:54 | Report Abuse

Some comment I post in Harta forum I share it here.

From @Albukhary information, I can say 300 retail investors can't really move HT price nor ALL retailers in Malaysia to move such gap up. Market movers are still foreign and institution investors. So for me, it is still bull on glove. Tariff on China is really a macro analysis and that is usually forward indicator. Big institutions play mainly on forward indicator 6-12 months ahead.

Negative sentiment on China (abt Taiwan and Ukraine war) finally see fruition in Malaysia glove. I rubbish tariff on Malaysia bcoz US has no negative view on Malaysia. I would see US will want to be friendly with Malaysia to have more ally in their global positioning right now. Even before 2026 for the tariff to take action, I see US will make an effort to block China gloves at port entry-point to discourage their US big buyers to choose China gloves. Tiktok debacle in US is a strong indicator and that's Biden's administration. Imagine if Trump wins.

All these effort is to prevent China getting USD and cripple China's economic and financial global expansion while USD still has value. The real reason is defending USD as international trade currency and BRICS is the culprit. Why do you think US starts a war with Russia with Ukraine as proxy. Do you think Zelensky got the balls to oppose Putin if US doesn't back him up? Why do you think Nancy Pelosi visited Taiwan? Also to start a war with China. Now US is using Philippines to start this war. China and Russia is using Gaza war to paint US and Israel as a the bad guys. Russia is actually backing up Iran in this war. The two giants are rallying to shore up allies on their side. Countries that are neutral benefits the most.

At this moment, playing Malaysia stocks, any companies that exports and collect USD are the beneficiaries. Harta and Kossan are my 2 main pick bcoz their gloves comply with ESG requirements and was never banned at port entry.
There will be up and down due to day traders and such but it's bull unless US has any financial crash. US recession is consider soft landing and can be good for gloves being in healthcare sector. Gloves is also good in food preparation industry like slaughter house for process food industries. Restaurants could be impacted negatively but process food is bigger than restaurants. Healthcare and food are staples thus do good during recession.

I hold gloves as a long play. If I sell glove, there are no undervalued stock in Malaysian stocks on the same play. Holding in cash will only offer small interest rate. THere is still a good run up on gloves. It just started.

Posted by KimSua > 2024-05-17 17:13 | Report Abuse

Pull back is very low volume and top glove is still heavily shorted from 0.65 to 0.89 within 3 days. (net short pos). I suspect this round is short it down (intra day) for big funds to accumulate. Accumulation phase. Kossan seems to be less impacted by this and stable. This low volume pullback is a good sign. Can decide to go back in. Kossan Qtrly should be above average. Good price now, done with Top Glove as too dodgy