Highlights
KLSE: KOSSAN (7153)       KOSSAN RUBBER INDUSTRIES BHD MAIN : Health Care
Last Price Today's Change   Day's Range   Trading Volume
6.00   -0.27 (4.31%)  5.95 - 6.24  9,224,100
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  13 people like this.
 
Ukga Let hope that those who are positive about gloves can see their shares prices going up more in the future. Cheers.
21/11/2020 11:00 PM
Pgraduate123 https://news.google.com/s/CBIw5JG7zlg?sceid=MY:en&sceid&utm_source=de&utm_campaign=de:20201121&utm_medium=em&oc=em
22/11/2020 8:10 AM
Pgraduate123 No PROVEN VACCINE
22/11/2020 8:11 AM
Pgraduate123 Kossan clean room gloves n nitrile gloves highly demanded in all industries, with or without covid.. Bull run soon
22/11/2020 12:17 PM
Mabel The implications from this latest development is 1/4 of Topglove workers for this factory is under ECMO. It means the supply of Topglove gloves may drop by 1/4 from this factory. Gloves has many factories. This is an opportunity for her siblings... other glove manufacturers like Kossan, Supermax, Hartalega to regain position..

Lately EPF has been collecting all these Fantastic Four Gloves shares when it retrace due to many bad news.

As a shareholders we need to understand why we are buying these Gloves shares?

First no one predict correctly when the pandemic will end as per earlier posting. The fact still remains that these companies that we own produces one of the most sought after product in battling this pandemic. Its the World's Best. Even China is not even close to these Fantastic Four. They all are paying premium taxes to our government plus additional 500 million donations to help Budget 2021. So it's a very good sector to be in.

So the next question you may ask is when to sell?

When people stop wearing masks, you don't need temperature taken before going into malls. When temperature reader is taken off at the airport.

That's when you can start selling some of your holdings. With or without vaccine or Convid 19, Gloves will always be in demand by the Health Industry..

Don't time the market. Research has shown that 90 % of the traders lose money. Only sell when Gloves is on the break out. Every stocks has a life cycle, so is Gloves despite having a very strong fundamentals . Gloves will peak next year. Trade if you must to cut your losses or take profits but don't sell all..

Meow
22/11/2020 10:29 PM
Melvin Lim Next week is good week for glove! Worldwide covid cases keep increasing
22/11/2020 10:49 PM
kdginvest GLOVE STOCKS READY TO FLY THIS WEEK, WITH A GOOD START ON MONDAY.
23/11/2020 12:07 PM
Goku88 Here's how the vaccine will rollout and it wont impact the demand of glove:
1. Vaccine may be ready only by early next year and it will only be given to frontliner + high risk group (old age).
2. Worldwide vaccination campaign will not begin before Mid 2021 and when world vaccination campaign is starting the order of glove will be increase as healthcare workers need to replace every glove for each vaccination to ensure safety of people and each persons may need to take 2 shots of vaccine.

So at least may be up to billion of gloves will be required throughout the whole campaign to progress until 2022.
23/11/2020 12:15 PM
kdginvest GLOVE STOCKS IS FLYING RIGHT NOW, SECOND HALF TODAY LET'S ACHIEVE NEW RECORD HIGH.
23/11/2020 12:30 PM
PZOGRO KOSSAN CHEAPEST PE 13.5X AMONG BIG4 TO CHEAP BUY

https://www.sharetisfy.com/2020/11/kossan-earnings-soared-but-share-price.html
23/11/2020 1:36 PM
niubility666 2.34m shares queue sell HAHAHA
23/11/2020 4:57 PM
wllim2000 it is volatile, how can sure that it will rise steadily? it had once dropped beyond 6.23
23/11/2020 5:44 PM
Ukga https://www.bbc.co.uk/news/health-55040635

Enjoy the read regarding Oxford vaccine. Cheers.
23/11/2020 6:22 PM
cbkia4896 Lol topglov got problem dy... The rest gonna flyyyy
23/11/2020 6:59 PM
Goku88 Yes TG stucked and all run to other glove stocks :) Fly fly
23/11/2020 8:02 PM
ginlim Kossan big boss bought 500,000 Kossan shares today. Good news!
23/11/2020 8:18 PM
Apple1234 supersinginvestor (无常): yes, i believe you loss money more than earn money, sell at peak? You know I know la. Kossan so good why sell? You say Kossan is the best why sell? But you cut lose also good la. Goodbye and no see ok?
23/11/2020 11:20 PM
Apple1234 Supersinginvestor (无常): please don't open live ask ppl buy vivocom la, please. Use abit brain can? Don't reply me can? Since you already cut lose than no see again ok? But remember before i told you 冷眼 story, without my advise you totally lose control dont know how to invest. So, if dont have knowledge please don't become hacter and go scold ppl understand? Because you totally no knowledge.
23/11/2020 11:23 PM
Apple1234 Supersinginvestor (无常): bye bye, get lose from here please.
23/11/2020 11:27 PM
LjGlove After TG factory shutdown due to workers covid infection, next is Kossan
24/11/2020 12:31 AM
Apple1234 actually Kossan already have worker kena covid-19, but newspaper dont have spread out.
24/11/2020 1:08 AM
PanjiAlam55 The reporter who report Covid-19 on Kossan workers also now kena Covid-19,KKM dun allowed him to used laptop to report the case that's no report for Kossan...I think laaaa...hehehe
24/11/2020 2:06 AM
NPRA1985 Trump accepts transition to Biden must begin

https://www.bbc.com/news/election-us-2020-55052640
24/11/2020 9:12 AM
Kossan Fresh from Reuters
Due to temporary closure of Top Glove Corp Bhd factories, it has guided that the average selling price (ASP) for its nitrile gloves will increase by 30% in November, 40% in December and another 40% after December, as outlook for the gloves shortages remains a concern.

As of this month, the group's ASP for nitrile gloves stands at US$85 per 1,000 pieces. With the higher revisions and spot sales mix, 2020 industry blended ASP to increase by 89% year-on-year (y-o-y) (versus 23% y-o-y previously),
24/11/2020 9:13 AM
Goku88 Top glove's situations may benefit to all other Gloves Manufacturer

https://klse.i3investor.com/blogs/glove2020covid/2020-11-23-story-h1536581016-Top_glove_s_situations_may_benefit_to_all_other_Gloves_Manufacturer.jsp
24/11/2020 9:57 AM
Goku88 Kossan latest quarter EPS of 13.60 cent,

Kossan has previously informed there will be more than 30% increase in ASP for it's next quarter which may translate to a possible

earning of EPS 25 cent

Thus trailing 4 quarter EPS may achieve RM0.886

If we assume,

PE10 = 8.86

PE15 = 13.20
24/11/2020 9:58 AM
drago_7 Timber....~!!!! Free fall today hahahahahahahahaha
24/11/2020 10:51 AM
kens88 how good also free fall lol.
24/11/2020 11:08 AM
newkid If TG factory workers infected, Kossan will fall victim soon as theirs factories are located within the vicinity and theirs foreign workers are staying in same row of shops, inter mixing everyday after work !!!
24/11/2020 11:11 AM
supersinginvestor Aiyo
Vaccine needs gloves
Looks like gloves need vaccine more
Ahahahahah
Luki i sold all my gloves 2 weeks ago...
Looks like only bad luck coming for gloves..
24/11/2020 2:47 PM
Terrenceyeo Kossan factory people kena covid? Isit true ???
24/11/2020 2:55 PM
PZOGRO SUPERMX PICKS INTO INDEX SOON

KOSSAN NOSEDIVES AS NO CHANCE TO BE INDEX STOCK

KOSSAN TO BE PENNY STOCK LATER

https://www.theedgemarkets.com/article/supermax-likely-be-included-klci-index-says-cgscimb
24/11/2020 3:05 PM
supersinginvestor Aiyo
Die lor
24/11/2020 3:22 PM
abunene collect @6.00. ok?
24/11/2020 4:50 PM
Apple1234 supersinginvestor (无常): why come back glove counter again? Please go back to your bank sector. You cut lose two time, want come again? Okok, I told you one secret, this time all in Kossan, because Kossan is good, is super good. This time you all in Kossan I think you won't cut losses edi.
24/11/2020 4:51 PM
abunene keep til cny and collect angpao.
24/11/2020 4:55 PM
supersinginvestor Aiyoyoyo...
24/11/2020 5:09 PM
supersinginvestor Apple1234 u stuck in kossan ah?
Ahahahaha....pity u never listen to sifu told u sell 2 weeks ago
24/11/2020 5:09 PM
Ukga So far we know the high profit margin for gloves counters will definitely maintain well into next year.
But this might not reflect into unimaginable high shares prices we have seen in the past few months. We can see that investors sentiment had changed on gloves counters due to vaccine news..... cheers.
24/11/2020 5:28 PM
cbkia4896 Hmmm someone keep saying kossan got cases
Then someone keep collecting at rm6
So fishy
Me like
24/11/2020 6:47 PM
Kossan Guys, fresh Bloomberg subscribed news

Gloves mania has had a big year so far and 2021 could be even bigger. ASP’s more than doubled in price through third Quarter’ 20 and this Quarter would surpassed to new height due to halted production lines in world’s largest gloves manufacturer, Top Gloves.

The ASP has added almost 30% since the unprecedented closure news broke out, shooting toward its all-time high of around $95-105/ 1,000 pieces spurred on by a wave of orders for mass vaccination.

Traders and government officials are now turning to panic spot order what will happen if gloves does manage to break its all-time high—with one analyst predicting it will be the beginning of a two-year run toward a $150/ 1,000 pieces.
24/11/2020 7:08 PM
Ukga Yes. We can also see shares buyback and EPF dipping into it. But will this mean glove counters will fly (say for Kossan to RM9 or even Rm10 or higher)? Personally I have strong reservation on it. I will be laughing all the way to my bank if's happen....Stay safe all and enjoy shares trading ..Cheers
24/11/2020 7:26 PM
Apple1234 Supersinginvestor (无常): yes yes, you say anything also yes. But please la, already cut lose Kossan go banking sector why come back again?
24/11/2020 8:57 PM
supersinginvestor Double fuk u@apple1234..
Where i go none of ur business bastard..
24/11/2020 8:58 PM
Apple1234 Supersinginvestor (无常): after cut lose Kossan, welcome back. Later open fb live can clean your hair first?
24/11/2020 9:20 PM
Apple1234 supersinginvestor (无常): I think you get lose from Kossan better ba, ok?
24/11/2020 9:21 PM
Basketball4Life @Kossan
Guys, fresh Bloomberg subscribed news

Legit?
24/11/2020 9:21 PM
Ukga While the world is waiting for immunization, some investors are beginning to move some funds out of glove counters into other sectors as we can witness share prices picking up over there. Slowly but surely we are going back to more norm in 2021. The focus on glove counters will not be as 'hot cakes' as before going forward. Glove counters will go north or south from here is anyone guess and will depend very much on investors' sentiment.....Cheers
24/11/2020 10:19 PM
NPRA1985 Malaysia's crucial Budget 2021 vote likely to be delayed

The vote on Malaysia's budget in Parliament, scheduled for Thursday (Nov 26), that could decide the fate of the Muhyiddin Yassin administration is set to be delayed to next week on Dec 1.

https://www.straitstimes.com/asia/se-asia/malaysias-crucial-budget-2021-vote-likely-to-be-delayed
24/11/2020 11:38 PM
NPRA1985 The Dow Jones Industrial Average traded above 30,000 points for the first time Tuesday as investors were encouraged by the latest progress on developing coronavirus vaccines and news that the transition of power in the U.S. to President-elect Joe Biden will finally begin.

https://apnews.com/article/joe-biden-donald-trump-financial-markets-coronavirus-pandemic-financial-markets-b28c38a5d1f7b000a7598b91d12bdc4b
25/11/2020 1:25 AM


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