Highlights
KLSE: KOSSAN (7153)       KOSSAN RUBBER INDUSTRIES BHD MAIN : Health Care
Last Price Today's Change   Day's Range   Trading Volume
4.19   +0.17 (4.23%)  3.96 - 4.19  9,205,800
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Overview

Market Cap: 10,717 Million
NOSH: 2,558 Million
Avg Volume (4 weeks):15,551,431
4 Weeks Range:3.35 - 4.89
4 Weeks Price Volatility (%):
54.55%
52 Weeks Range:3.16 - 19.50
52 Weeks Price Volatility (%):
6.30%
Average Price Target: 6.87
Price Target Upside/Downside: +2.68

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2021 [#1]  |  20-Apr-2021
Next QR | Est. Ann. Date: 30-Jun-2021  |  25-Aug-2021
T4Q P/E | EY: 5.19  |  19.26%
T4Q DY | Payout %: 2.86%  |  14.86%
T4Q NAPS | P/NAPS: 1.2223  |  3.43
T4Q NP Margin | ROE: 39.55%  |  66.02%

Headlines

Date Subject
06-May-2021 Why Glove Stock prices are dropping? Koon Yew Yin
03-May-2021 Why I bought Kossan - felicity
29-Apr-2021 Glove stock prices are surely dropping - Koon Yew Yin
28-Apr-2021 Rubber Product Exports Rise 9.6% M-o-M, 210% Y-o-Y in March
27-Apr-2021 Supermax, Top Glove, Hartalega, Kossan: Retailers Throwing, Institutions Collecting
27-Apr-2021 Glove stocks rebounding temporally - Koon Yew Yin
22-Apr-2021 Glorious Days in Gloves Sector Are Not Over Yet?
22-Apr-2021 Kossan - Performance boosted by higher volume and ASP
22-Apr-2021 Kossan Rubber Industries Berhad - Still Good
22-Apr-2021 Kossan Rubber - ASP to peak in 2QFY21
22-Apr-2021 Kossan Rubber Industries - ASPs Have Not Peaked Yet
21-Apr-2021 【行家论股/视频】高产柅品工业 今年财测上调2.3倍
21-Apr-2021 手套价未来几季料维持高位 4大天王齐扬
21-Apr-2021 [转贴] [Video:浅谈KOSSAN RUBBER INDUSTRIES BHD, KOSSAN, 7153] - James的股票投资James Share Investing
21-Apr-2021 Kossan - A sterling start for FY21
21-Apr-2021 Kossan - Continued to Deliver
21-Apr-2021 Mplus Market Pulse - 21 Apr 2021
21-Apr-2021 Kossan Rubber Industries - 1QFY21 Beats Expectations
21-Apr-2021 Kossan Rubber Industries - Higher ASPs Materialise
21-Apr-2021 Kossan Rubber Industries Berhad - Spectacular Results

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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  15 people like this.
 
8888_ 4.44 I even see today not 4.2.
05/05/2021 12:04 PM
WaterBlower Market is such scary place. A profitable business does not ensure price up anymore, while the price up or down totally depends on big players.
05/05/2021 3:11 PM
macgyvergoh EPF's disposing to scare off small investors? Let unite and f**k them off..... :-)
05/05/2021 3:14 PM
kevinobc https://www.theedgemarkets.com/article/us-cbp-seizes-4m-disposable-gloves-top-glove-subsidiary-forced-labour-suspicions
05/05/2021 4:42 PM
Start_0f_the_bull Today cum div also selldown. Market is very unpredictable.
05/05/2021 4:54 PM
tamp0i Long neck waiting for 4.0 and 3.60 to come... Comparing to the "S" and the "H" bigger brother, they are not so kind of rewarding to their shareholders unlike Kossan. So, why bother buy those? Park your money here instead, two things you'll earn for sure. 1 is the higher return if share price goes up, 2 is you get more in dividend
05/05/2021 5:10 PM
amateurJR That rotten Apple123 still here? Haha
05/05/2021 5:19 PM
lamy92 Whatt happen market today?
05/05/2021 5:20 PM
Hustle Same profit with supermx too??? No wonder drop la earn too much d lol
05/05/2021 7:44 PM
Hustle If all trader play glove again most of the institute player that holding recovery counter with negative ROE will gg.
05/05/2021 7:46 PM
Hustle Worse than low asp because lelong also not laku
05/05/2021 7:46 PM
Hustle Hopefully company can do capital refund due to low asp
05/05/2021 7:48 PM
5c0160 Tmr ex dividen, big drop 4.00
05/05/2021 8:43 PM
Eric Fong Nvm la, for those who bought it, our cost will also reduce RM0.12 cent per share also....
05/05/2021 9:29 PM
8888_ Compare Supermax, Harta QR why must Kossan not good? 12 sen dividend only 1 sen less than Supermax despite cheaper RM 1.27.
05/05/2021 9:54 PM
Hustle Very familiar like crude oil asp
05/05/2021 9:57 PM
Hustle But how come O
05/05/2021 9:59 PM
RISK8888 tomorrow will up. playing catch up with big boy. very undervalue.
05/05/2021 10:10 PM
chkhooju Sure down.
05/05/2021 10:17 PM
robertzz (雅加达5日综合电)印尼国际机场检测人员被爆出重复使用回收检测冠病病毒的鼻咽拭子后,近日遭到逮捕。警方表示,涉及人数恐高达9000人。

印尼当局本周稍早宣布,已确认国内出现两宗印度变种病毒病例。

https://www.sinchew.com.my/content/content_2471845.html

If this really happen.. hailat
05/05/2021 10:29 PM
AdCool EPF helping the shorties. Disposing Kossan instead of collecting dividends.
06/05/2021 12:32 AM
DreamHunter ha ha ha
06/05/2021 12:40 AM
DreamHunter yah kah
06/05/2021 12:41 AM
8888_ 12 sen dividend may be over but not Covid19 in Malaysia and the world.
06/05/2021 5:52 AM
BuffetOnWeed EPF really dont know what they are up to. They sold alot of glove stocks yesterday
06/05/2021 10:07 AM
WaterBlower This is the cruel world. Only the riches and powerful
plays all. we small fish only be their prey. They want a profitable company price go to hell it will go to hell. When they want money, they will pump it up no matter how bad is the company.
06/05/2021 12:27 PM
5c0160 Totally game over. Rubbish counter oledi slowly down to 3.20 again.
06/05/2021 2:19 PM
Intrinsic99 Nazir Razak: Why no supertaxes on glove companies?

https://www.theedgemarkets.com/article/nazir-razak-why-no-supertaxes-glove-companies


read what the former banker comment
06/05/2021 8:31 PM
probability Next qtr Kossan beat all other glove players EPS?

Dark horse of gloves stock
06/05/2021 9:32 PM
AdCool nobody noticed how high is the trade receivables minus the trade payables. This is the hidden amount which yet to be reflected in the net profit.
06/05/2021 11:38 PM
probability cash flow, not profit

Posted by AdCool > May 6, 2021 11:38 PM | Report Abuse

nobody noticed how high is the trade receivables minus the trade payables. This is the hidden amount which yet to be reflected in the net profit.
06/05/2021 11:58 PM
joyvest What's the wrong with high trade receivables? As long as they are collectable and are not impaired, there is no cause of concern.. today its just a correction following dividend.it will be resumed as usual tomorrow or so.....no big deal
07/05/2021 12:09 AM
probability u misunderstood...no one saying as a red flag, but as a positive factor

Posted by joyvest > May 7, 2021 12:09 AM | Report Abuse

What's the wrong with high trade receivables? As long as they are collectable and are not impaired, there is no cause of concern.. today its just a correction following dividend.it will be resumed as usual tomorrow or so.....no big deal
07/05/2021 12:28 AM
DreamHunter normal healthy correction only la
07/05/2021 5:22 AM
DreamHunter gloves still strong leh
07/05/2021 5:23 AM
mf 07 May | 07:45am
UK to offer under-40s alternative to AstraZeneca Covid vaccine
07/05/2021 8:37 AM
Undi_PKR 5 RM no hope? Must change govn?
07/05/2021 10:15 AM
AdCool Thanks probability. Imagine what the company can do with such additional of 2-3 billons cash. They can just invest in new plants, machineries, lands, technologies, or even acquire other strategic assets without the need to loan from banks. They also can pay off their existing loans and debts to the financial institution and saved on interests. Could also develop new channels such as own distribution networks / own brand, etc. The actual valuation of the company should be 3-5 years from now after the pandemic and how the management actually invest their new found wealth. That would differentiate them from the peers and leapfrog the company to another level. Top Glove is already investing into better accommodation and automation. Supermax is opening up new plants in Northern America and focusing on the new biz of lens and masks. If the company just purely invest in opening new plants in Malaysia, that would be shortsighted. They should think deeper on the whole supply chain and how to gain from it with their hoard of cash now.
07/05/2021 10:58 AM
Jacklimm relax we doing fine just need wait for their performance, covid already increased to 34k already, no glove no mask RIP malaysia what do you think?
07/05/2021 9:16 PM
information FINAL WARNING TO GLOVES SHAREHOLDERS"

Good news in US fight vs. Covid-19

https://www.youtube.com/watch?v=ByLEQeOhPn0

‘Turning the corner’: U.S. COVID outlook reaches most hopeful point yet

https://economictimes.indiatimes.com/news/international/world-news/turning-the-corner-u-s-covid-outlook-reaches-most-hopeful-point-yet/articleshow/82441007.cms
08/05/2021 2:24 PM
information Once U.S recovers, spot price will dramatically. As fast it went up, thats how fast it will drop.

India covid cases does not boost demand for gloves (as already been shown by the declining ASP). They simply dont buy more gloves as the cases rise.

Vaccination is well known not to induce demand for gloves. It is not required and its volume is too small.

Do not wait till you hear glove players announce drastic drop in ASP

all hell will break loose
08/05/2021 2:44 PM
DarenWai Shorties so scared already :-)
08/05/2021 5:05 PM
information simple logic:

ASP dropping even before new capacity coming online

Imagine, with recovering US & Europe and China new capacity coming in, its a double whammy

ASP will drop exponentially
08/05/2021 6:37 PM
yingkang87 Covid increase more goid show monday!! Kplus will lead all glove on Monday!!
08/05/2021 7:51 PM
754232 Pharma niaga declare bonus issue 1 share to 4 share... Monday all health and gloves counter limit up...
08/05/2021 7:57 PM
beso (日内瓦7日讯) 世界卫生组织(WHO)周五批准中国国有制药企业国药集团(Sinopharm)生产的新型冠状病毒疫苗用于紧急使用,这将推动中国在全球新冠疫苗接种方面发挥重要作用。  
该疫苗成为首个获得世卫组织支持的非西方国家研制的新冠疫苗,是中国在施打的两种主要疫苗之一,目前已累计为国内外数亿人接种。
这也是世界卫生组织首次批准中国疫苗用于传染病的紧急使用。

这个消息肯定会引发手套股大波动,看跌。lol
08/05/2021 9:27 PM
BuffetOnWeed Information. What a username. Only information I hear is u hating from outside the club. Stay outside lar. Probably also an air Asia fan
08/05/2021 11:16 PM
Foker Haha if Whiteman don't want pay 100 dollars. We make India pay 120 dollars to cover ASP and volume drop in USA. If their cases go higher we charge $200. Easy money
08/05/2021 11:47 PM
Foker Money won't stop flowing in. USA is only 4.2% of world population.
08/05/2021 11:47 PM
ivanlau if based on current eps 80x 10 pe, the most conservative fair value in year 2021 will be rm 8 , today closing 4.19, tunggu apa lagi .............
09/05/2021 8:53 AM


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