Highlights
KLSE: KOSSAN (7153)       KOSSAN RUBBER INDUSTRIES BHD MAIN : Health Care
Last Price Today's Change   Day's Range   Trading Volume
19.18   0.00 (0.00%)  0.00 - 0.00  0
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Overview

Market Cap: 24,530 Million
NOSH: 1,279 Million
Avg Volume (4 weeks):13,248,426
4 Weeks Range:11.64 - 19.50
4 Weeks Price Volatility (%):
98.36%
52 Weeks Range:4.00 - 19.50
52 Weeks Price Volatility (%):
98.36%
Average Price Target: 10.49
Price Target Upside/Downside: -8.69

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2020 [#1]  |  21-May-2020
Next QR | Est. Ann. Date: 30-Jun-2020  |  22-Aug-2020
T4Q P/E | EY: 106.25  |  0.94%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 1.1605  |  16.53
T4Q NP Margin | ROE: 10.29%  |  15.55%

Headlines

Date Subject
06-Aug-2020 How much profit do glove makers need to sustain rally?
29-Jul-2020 马交所的手套股有多值钱?
28-Jul-2020 Glovemakers raise ASP guidance as virus lingers
27-Jul-2020 【行家论股/视频】高产柅品工业 股价财测还可追高
27-Jul-2020 Kossan - Greater Expansion Plan and ASP to Boost Earnings Further
27-Jul-2020 Kossan Rubber Industries - ASP Hikes More Pronounced in 2H 2020
27-Jul-2020 Kossan Rubber Industries - Expected Rosy 2Q Onwards
27-Jul-2020 Kossan Rubber - New Capacity Planned for 1H2021
27-Jul-2020 Kossan reaches new all-time high as analysts raise earnings forecasts, target prices
26-Jul-2020 The Edge Compare Big 4 GLOVE's Market Cap with Vaccine Producers. How much upside for GLOVE?
25-Jul-2020 CIMB raised KOSSAN target price to RM16.40
21-Jul-2020 上升股:高产柅品工业 阻力RM15.10
20-Jul-2020 Investment Strategy - FBMKLCI Target Raised
16-Jul-2020 【夜更】 - 浅谈 KOSSAN(7153)
16-Jul-2020 US Custom Border Protection (CBP) banned import of gloves from Top Glove Corp Of Malaysia - Koon Yew Yin
16-Jul-2020 TAN SRI DATO' LIM KUANG SIA Cash Out few hundrend million from KOSSAN
15-Jul-2020 HLIB ups target price for Top Glove to RM31.31, Hartalega to RM20.12
14-Jul-2020 RHB raised KOSSAN target price to RM15.50
13-Jul-2020 【行家论股/视频】高产柅品工业 3年财测上修
13-Jul-2020 Glove stocks expansion plan for Kossan, Hartalega, Top Glove and Supermax as at 12 Jul 2020

Business Background

Kossan Rubber Industries Bhd manufactures industrial rubber products and disposable latex gloves. The firm has three primary businesses: Technical Rubber Products, Gloves, Cleanroom Products, and Others. The Gloves segment generates the majority of revenue. The Technical Rubber Products business manufactures and distributes high technical input rubber products. The Gloves business manufactures medical grade examination gloves and specialty gloves for healthcare and industrial applications. The Cleanroom Products business sells rubber products that can be used in cleanrooms. The majority of Kossan Rubber’s revenue is generated through exports outside of Malaysia.
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  13 people like this.
 
Jokers2020 haha alot of ppl already take profit..maybe still holding few lot to follow the flow....nothing to worry
05/08/2020 6:14 PM
Mabel https://www.thestar.com.my/news/nation/2020/01/31/coronavirus-malaysia-to-donate-18-million-medical-gloves-to-china

This announcement from Theresa compelled me to enter Gloves Industry. I started with Harta follow by Top Gloves, Kossan and Supermax..

Since then the price of these Gloves shares has exploded. So it's not surprising that many wants to go into Gloves and Health Care..

The latest announcements by Green Ocean announcement is one of the many announcements lately, earlier it was another penny tech company MQtech, XOX, MyeG, TDM, Notion, etc etc.. It's quite an extensive list.. All thanks to the success of these Tier 1 Gloves Companies. Even the Tier 2 Gloves Companies are doing extremely well..

From January to August how much has these Fantastic Four appreciated in value?

That's why holding these 4 companies ain't heavy... They are my brothers and sisters...

Meow Meow Meow Meow
05/08/2020 7:33 PM
joyvest Vaccine takes time to be certified as safe for application. By the time it is ready ,its the time to kiss my ass and say goodbye as an ex-glove lover.........until then ,glove is still favourable and preferable......by the way ,are gloves and vaccines substituted goods like butter and margarine? Pl confirm dude...
05/08/2020 7:33 PM
Mabel It's OK.. Holding cost is FOC..

Having Gloves is part of giving back after gaining so much

Meow
05/08/2020 8:12 PM
MasterYoda Msia stock market sentiment is more powerful than reality,its time to dump your glove sector now and ride on the vaccine wave,glove prices are now too risky,don’t be greedy!Switch to Duapharma now while the price is still low,pharmaceutical will be the next big thing after glove counter.
05/08/2020 9:02 PM
joyvest Dpharma is glc and subject to mxxxxxx to achieve its agenda like KJ u-turn case.......even riskier than glove....
05/08/2020 9:16 PM
Risa77 C14 will drop somemore. 0.220
05/08/2020 9:47 PM
Risa77 C14 will drop somemore. 0.220
05/08/2020 9:47 PM
ryan_7642 Will queue buy 0.22 then:)
05/08/2020 10:21 PM
MasterYoda Fools, as it has long been said, are indeed separated, soon or eventually, from their money. So, alas, are those who, responding to a general mood of optimism, are captured by a sense of their own financial acumen. Thus it has been for centuries; thus in the long future it will also be.
05/08/2020 11:38 PM
calvintaneng Another day tomorrow another attempt to cross Rm20.00
06/08/2020 12:08 AM
mayongzheng Pre-Covid 19:
Glove market is expected to grow in between 8%-12% per annum.

Post-Covid 19:
Market Growth for Medical Glove will be higher than Pre-Covid 19 level due to the increase in HYGIENE level and AWARENESS amongst peoples in general not just healthcare industry. It means , they post-covid 19 THE GROWTH could be HIGHER than 8%-12%% per annum.
06/08/2020 5:36 AM
Ukga Very exciting past 5 months for glove counters shares prices.......I gather this excitment will continue a least until vaccines are available for mass production.......
06/08/2020 6:56 AM
MasterYoda Even the intelligent investor is likely to need considerable willpower to keep from following the crowd. – Benjamin Graham
06/08/2020 7:05 AM
MasterYoda More vaccine news out,glove prices will be pushed down gradually
06/08/2020 7:54 AM
hairy NEW NORMAL" COVID19 beneficiary this sector protective equipment (PPE) segment involving vital ventilators face shields gloves face mask test kits : topglove , kossan, supermax , hartalega , rubberex ,adventa,comfort , AT, HLT , ocncash, K1 , LKL , mlab , carepls .
06/08/2020 9:15 AM
warrantsmaster Want to leverage your trade? PM me to be added into warrant discussion group!
06/08/2020 9:19 AM
HomingDevice guys,sell or hold?
06/08/2020 9:20 AM
niubility666 hold. shark are just shaking u guys
06/08/2020 9:24 AM
idontknowimnotexpert C-14 really died?
06/08/2020 9:32 AM
King C-14 conversion price and ratio too high.
06/08/2020 9:39 AM
idontknowimnotexpert should sell d?
06/08/2020 9:47 AM
King may be maybank expected Kossan can go up to RM28.00, that why conversion price RM16.88 & ratio 50:1, 0.225@50 + RM16.88 =RM28.13
06/08/2020 10:05 AM
MasterYoda Yea pls sell while you are still making profit
06/08/2020 10:20 AM
idontknowimnotexpert it is making lose now
06/08/2020 10:33 AM
ryan_7642 Wow manage grab 0.22 for c14 thanks for tip^^
06/08/2020 10:38 AM
kingx77 C21 already fly C14 flying soon!
06/08/2020 11:10 AM
idontknowimnotexpert C14 feel so sad
06/08/2020 11:11 AM
jonalkm73 Potential Impact of Vaccine Approvals on Glove Stocks
https://klse.i3investor.com/blogs/glovesvsvaccine/2020-08-05-story-h1511496008-Potential_Impact_of_Vaccine_Approvals_on_Glove_Stocks.jsp
06/08/2020 11:14 AM
jonalkm73 anyone know when kossan report results this month?
06/08/2020 11:15 AM
gloveharicut https://klse.i3investor.com/blogs/gloveharicut/2020-08-06-story-h1511559437-How_much_profit_do_glove_makers_need_to_sustain_rally.jsp
06/08/2020 11:29 AM
jiunn ^^^KOSSAN: IN BULLISH RISE!!!

Kossan made a sharp bullish turn at the first day Monday 4/8/2020, indicating a low (17,46) in place, and a final leg of 5th wave, five-wave underway.That said, any weakness within waves can be only a temporary pullback. The bull has begun with potential ext fib movement in target at 19,72 (161,8%) and higher 20,98 (261,8%).

Huat Huat AAARRRR!!! Trade Well!! Stay Healthy!!!
06/08/2020 12:53 PM
MasterYoda Take profit
06/08/2020 1:55 PM
idontknowimnotexpert C14 really die??? i should wait it rebound or not
06/08/2020 2:59 PM
juon 1 44444444444444444444444444444444444444444444444...................
06/08/2020 3:05 PM
CasualMax To those who bought C14 and wondered why it is still going red while mother is green, here are few reasons.

1) The premium is too high. As of writing, the premium of C14 is 42.46% which is equivalent to Mother share has to increase up by RM 8.16 to breakeven.

So if you buy warrant at this price (RM 0.21), you need mother price to be at least 27.38 by 31st March 2021. IF not, then you are losing money.

Premium will decay over time, slowly it will reduced to 0-5% premium as investors don't find it attractive anymore and unwilling to buy CW at high premium from you. And when you exercise it, you are selling your warrant to IB at 0% premium.

2) Exercise ratio is too high. C14 has ratio of 50! Look at other warrant, their ratio is < 20. High ratio here means that larger movement of mother share is required to move one tick of its CW.

So while, the price of this C14 is cheap, do not be misled. Buy warrant based on its worth and not based on its price. Lots of people rush to buy new warrant because of lower price of CW, so higher premium % can be observed. But their movement might not track its mother price for sometime sooner or later.

In my opinion, C14 is not worth to buy at all currently, kinda rubbish to me.

My advise is:
1) Do not chase new warrant (they tend to have high premium)
2) Understand warrant before buying (if warrant is so good, why not everyone buys it and not mother share?)
3) Understand how to calculate worth of warrant and mother price for breakeven
06/08/2020 3:46 PM
idontknowimnotexpert Thank you for your explanation @Casual.
06/08/2020 4:02 PM
niubility666 better sell C14 and take it as a lesson ... as I said ytd, it worth 4.5sen currently.
06/08/2020 4:09 PM
niubility666 sometimes investment bank issue warrants to earn retailer money....
06/08/2020 4:13 PM
Apple1234 Kossan price already price in like Harta, focus only Supermax and Topglove. If you dont believe, let see next monday Supermax result you will know what i want tell you. Remember, only Supermax and Topglove can maximize your profit.
06/08/2020 5:23 PM
010855 What happen C14... Every day drop?
06/08/2020 5:24 PM
joyvest from day 1 i have advised to stay away from the son of the gun( warrant) . focus on mother..... .
06/08/2020 5:41 PM
010855 C 14 degerous, cut loss... Run
06/08/2020 5:45 PM
OngKawKaw Roger apple. Thanks you we love you
06/08/2020 11:06 PM
Candy3147 Can somebody know quater report comeout
What date?
06/08/2020 11:43 PM
PZOGRO Suppose to be end month. Since both Harta and Suoermx already brings forward results, foresee probably next week mid month.
06/08/2020 11:45 PM
Candy3147 Thanks ya
06/08/2020 11:46 PM
Risa77 C14 big loss.
I believe it will rebound..
07/08/2020 12:18 AM
MasterYoda “The stock market is filled with individuals who know the price of everything, but the value of nothing."
07/08/2020 1:51 AM
fightingdragons Vaccine approval = kneejerk selling = buying opportunity (UOB)
https://klse.i3investor.com/blogs/glovesvsvaccine/2020-08-07-story-h1511583670-_Vaccine_discovery_could_spark_kneejerk_selling_but_also_represent_an_o.jsp

My earlier analysis on potential impact of vaccine approval
https://klse.i3investor.com/blogs/glovesvsvaccine/2020-08-05-story-h1511496008-Potential_Impact_of_Vaccine_Approvals_on_Glove_Stocks.jsp
07/08/2020 5:22 AM


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