Highlights
KLSE: KOSSAN (7153)       KOSSAN RUBBER INDUSTRIES BHD MAIN : Health Care
Last Price Today's Change   Day's Range   Trading Volume
6.18   -0.07 (1.12%)  6.16 - 6.27  1,155,500
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Financials


Market Cap: 15,808 Million

Market Cap 15,808 Million
NOSH 2,558 Million

Latest Audited Result:  31-Dec-2019

Latest Audited Result: 31-Dec-2019
Announcement Date 10-Jun-2020
Next Audited Result: 31-Dec-2020
Est. Ann. Date: 10-Jun-2021
Est. Ann. Due Date: 29-Jun-2021

Latest Quarter:  30-Sep-2020 [#3]

Latest Quarter: 30-Sep-2020 [#3]
Announcement Date 09-Nov-2020
Next Quarter: 31-Dec-2020
Est. Ann. Date: 21-Feb-2021
Est. Ann. Due Date: 01-Mar-2021
QoQ | YoY   166.10%  |    609.18%

Annual (Unaudited) ( EPS: 8.79, P/E: 70.32 )

Revenue | NP to SH 2,221,607  |  224,783
RPS | P/RPS 86.85 Cent  |  7.12
EPS | P/E | EY 8.79 Cent  |  70.32  |  1.42%
DPS | DY | Payout % 0.00 Cent  |  0.00%  |  - %
NAPS | P/NAPS 0.56  |  11.14
YoY   11.95%
NP Margin | ROE 10.26%  |  15.83%
F.Y. | Ann. Date 31-Dec-2019  |  21-Feb-2020

T4Q Result ( EPS: 23.68, P/E: 26.10 )

Revenue | NP to SH 2,924,841  |  605,604
RPS | P/RPS 114.35 Cent  |  5.40
EPS | P/E | EY 23.68 Cent  |  26.10  |  3.83%
DPS | DY | Payout % 0.00 Cent  |  0.00%  |  - %
NAPS | P/NAPS 0.75  |  8.20
QoQ | YoY   97.89%  |    171.21%
NP Margin | ROE 20.87%  |  31.42%
F.Y. | Ann. Date 30-Sep-2020  |  09-Nov-2020

Annualized Result ( EPS: 28.39, P/E: 21.77 )

Revenue | NP to SH 3,128,656  |  726,136
RPS | P/RPS 122.31 Cent  |  5.05
EPS | P/E | EY 28.39 Cent  |  21.77  |  4.59%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   85.37%  |    232.52%
NP Margin | ROE 23.43%  |  37.67%
F.Y. | Ann. Date 30-Sep-2020  |  09-Nov-2020


Hints :
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Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY
31-Dec-2020 09-Nov-2020 30-Sep-2020 3 2,924,841 752,042 610,364 605,604 0 1,927,612 - % 20.87% 31.42% 1,278,936 228.69 114.35 47.35 23.68 0.00 0.00 1.5072 0.75   97.89%   171.21% 30-Sep-2020 13.68 5.98 28.89 9.08 3.46% 0.00% 09-Nov-2020 7.50 3.28 15.84 4.98 6.31% 0.00%
31-Dec-2020 25-Aug-2020 30-Jun-2020 2 2,422,751 378,417 309,363 306,038 0 1,577,567 - % 12.77% 19.40% 1,278,936 189.43 94.72 23.93 11.96 0.00 0.00 1.2335 0.62   32.56%   34.07% 30-Jun-2020 8.51 4.49 35.56 6.90 2.81% 0.00% 25-Aug-2020 14.64 7.73 61.18 11.87 1.63% 0.00%
31-Dec-2020 21-May-2020 31-Mar-2020 1 2,271,604 287,561 233,720 230,864 0 1,484,205 - % 10.29% 15.55% 1,278,936 177.62 88.81 18.05 9.03 0.00 0.00 1.1605 0.58   2.70%   6.35% 31-Mar-2020 5.13 2.89 28.42 4.42 3.52% 0.00% 21-May-2020 8.63 4.86 47.81 7.44 2.09% 0.00%
31-Dec-2019 21-Feb-2020 31-Dec-2019 4 2,221,607 280,105 227,922 224,784 0 1,419,618 - % 10.26% 15.83% 1,278,936 173.71 86.85 17.58 8.79 0.00 0.00 1.1100 0.56   0.67%   10.38% 31-Dec-2019 4.16 2.39 23.67 3.75 4.22% 0.00% 21-Feb-2020 4.65 2.68 26.46 4.19 3.78% 0.00%
31-Dec-2019 21-Nov-2019 30-Sep-2019 3 2,232,630 279,226 227,378 223,295 0 1,394,040 - % 10.18% 16.02% 1,278,936 174.57 87.28 17.46 8.73 0.00 0.00 1.0900 0.55   -2.18%   17.15% 30-Sep-2019 4.28 2.45 24.51 3.93 4.08% 0.00% 21-Nov-2019 4.19 2.40 24.00 3.84 4.17% 0.00%
31-Dec-2019 22-Aug-2019 30-Jun-2019 2 2,275,270 287,284 232,322 228,266 0 1,355,672 - % 10.21% 16.84% 1,278,936 177.90 88.95 17.85 8.92 0.00 0.00 1.0600 0.53   5.15%   25.33% 28-Jun-2019 3.99 2.24 22.36 3.76 4.47% 0.00% 22-Aug-2019 4.18 2.35 23.42 3.94 4.27% 0.00%
31-Dec-2019 24-May-2019 31-Mar-2019 1 2,221,524 272,208 220,316 217,086 0 1,317,304 - % 9.92% 16.48% 1,278,936 173.70 86.85 16.97 8.49 0.00 0.00 1.0300 0.51   6.60%   18.66% 29-Mar-2019 3.52 2.03 20.74 3.42 4.82% 0.00% 24-May-2019 3.82 2.20 22.51 3.71 4.44% 0.00%
31-Dec-2018 19-Feb-2019 31-Dec-2018 4 2,144,234 250,162 206,133 203,652 0 1,291,725 - % 9.61% 15.77% 1,278,936 167.66 83.83 15.92 7.96 0.00 0.00 1.0100 0.50   6.85%   10.57% 31-Dec-2018 4.34 2.59 27.26 4.30 3.67% 0.00% 19-Feb-2019 4.00 2.39 25.12 3.96 3.98% 0.00%
31-Dec-2018 16-Nov-2018 30-Sep-2018 3 2,032,635 237,759 191,564 190,602 0 1,240,567 - % 9.42% 15.36% 1,278,936 158.93 79.47 14.90 7.45 0.00 0.00 0.9700 0.49   4.65%   4.52% 28-Sep-2018 4.29 2.70 28.79 4.42 3.47% 0.00% 16-Nov-2018 4.30 2.71 28.85 4.43 3.47% 0.00%
31-Dec-2018 17-Aug-2018 30-Jun-2018 2 1,947,918 225,128 182,481 182,136 0 1,221,383 - % 9.37% 14.91% 639,468 304.62 76.15 28.48 7.12 0.00 0.00 1.9100 0.48   -0.44%   6.70% 29-Jun-2018 8.44 2.77 29.63 4.42 3.37% 0.00% 17-Aug-2018 4.43 1.45 15.55 2.32 6.43% 0.00%
31-Dec-2018 24-May-2018 31-Mar-2018 1 1,941,645 226,308 183,619 182,943 0 1,176,621 - % 9.46% 15.55% 639,468 303.63 75.91 28.61 7.15 0.00 0.00 1.8400 0.46   -0.68%   9.15% 30-Mar-2018 7.70 2.54 26.91 4.18 3.72% 0.00% 24-May-2018 7.07 2.33 24.71 3.84 4.05% 0.00%
31-Dec-2017 22-Feb-2018 31-Dec-2017 4 1,957,445 229,606 185,582 184,189 0 1,151,042 - % 9.48% 16.00% 639,468 306.11 76.53 28.80 7.20 0.00 0.00 1.8000 0.45   1.00%   7.29% 29-Dec-2017 8.11 2.65 28.16 4.51 3.55% 0.00% 22-Feb-2018 8.70 2.84 30.20 4.83 3.31% 0.00%
31-Dec-2017 23-Nov-2017 30-Sep-2017 3 1,917,859 225,002 184,488 182,358 0 1,138,253 - % 9.62% 16.02% 639,468 299.91 74.98 28.52 7.13 0.00 0.00 1.7800 0.44   6.83%   0.47% 29-Sep-2017 6.90 2.30 24.20 3.88 4.13% 0.00% 23-Nov-2017 8.13 2.71 28.51 4.57 3.51% 0.00%
31-Dec-2017 24-Aug-2017 30-Jun-2017 2 1,842,718 209,415 173,178 170,701 31,973 1,131,858 18.73% 9.40% 15.08% 639,468 288.16 72.04 26.69 6.67 5.00 1.25 1.7700 0.44   1.84%   -15.76% 30-Jun-2017 6.37 2.21 23.86 3.60 4.19% 0.78% 24-Aug-2017 7.15 2.48 26.78 4.04 3.73% 0.70%
31-Dec-2017 25-May-2017 31-Mar-2017 1 1,755,977 204,072 169,175 167,613 0 1,087,095 - % 9.63% 15.42% 639,468 274.60 68.65 26.21 6.55 0.00 0.00 1.7000 0.43   -2.36%   -19.85% 31-Mar-2017 6.23 2.27 23.77 3.66 4.21% 0.00% 25-May-2017 6.51 2.37 24.84 3.83 4.03% 0.00%
31-Dec-2016 23-Feb-2017 31-Dec-2016 4 1,668,279 213,394 174,234 171,667 0 104,233,284 - % 10.44% 0.16% 639,468 260.89 65.22 26.85 6.71 0.00 0.00 163.0000 40.75   -5.42%   -15.54% 30-Dec-2016 6.59 2.53 24.55 0.04 4.07% 0.00% 23-Feb-2017 6.48 2.48 24.14 0.04 4.14% 0.00%
31-Dec-2016 22-Nov-2016 30-Sep-2016 3 1,669,255 237,515 185,447 181,503 31,973 1,029,543 17.62% 11.11% 17.63% 639,468 261.04 65.26 28.38 7.10 5.00 1.25 1.6100 0.40   -10.43%   -2.41% 30-Sep-2016 6.88 2.64 24.24 4.27 4.13% 0.73% 22-Nov-2016 6.89 2.64 24.27 4.28 4.12% 0.73%
31-Dec-2016 23-Aug-2016 30-Jun-2016 2 1,696,959 265,753 206,836 202,646 0 997,570 - % 12.19% 20.31% 639,468 265.37 66.34 31.69 7.92 0.00 0.00 1.5600 0.39   -3.09%   22.65% 30-Jun-2016 6.85 2.58 21.62 4.39 4.63% 0.00% 23-Aug-2016 6.24 2.35 19.69 4.00 5.08% 0.00%
31-Dec-2016 24-May-2016 31-Mar-2016 1 1,678,965 275,186 213,391 209,118 0 997,570 - % 12.71% 20.96% 639,468 262.56 65.64 32.70 8.18 0.00 0.00 1.5600 0.39   2.88%   37.23% 31-Mar-2016 6.05 2.30 18.50 3.88 5.41% 0.00% 24-May-2016 6.71 2.56 20.52 4.30 4.87% 0.00%
31-Dec-2015 23-Feb-2016 31-Dec-2015 4 1,635,941 268,540 207,115 203,262 0 978,386 - % 12.66% 20.78% 639,468 255.83 63.96 31.79 7.95 0.00 0.00 1.5300 0.38   9.29%   41.39% 31-Dec-2015 9.30 3.64 29.26 6.08 3.42% 0.00% 23-Feb-2016 6.75 2.64 21.24 4.41 4.71% 0.00%
31-Dec-2015 20-Nov-2015 30-Sep-2015 3 1,557,736 239,240 189,499 185,990 0 920,833 - % 12.17% 20.20% 639,468 243.60 60.90 29.09 7.27 0.00 0.00 1.4400 0.36   12.57%   28.82% 30-Sep-2015 7.73 3.17 26.58 5.37 3.76% 0.00% 20-Nov-2015 8.90 3.65 30.60 6.18 3.27% 0.00%
31-Dec-2015 20-Aug-2015 30-Jun-2015 2 1,444,345 213,654 168,834 165,227 22,381 895,255 13.55% 11.69% 18.46% 639,468 225.87 56.47 25.84 6.46 3.50 0.87 1.4000 0.35   8.43%   13.65% 30-Jun-2015 6.50 2.88 25.16 4.64 3.98% 0.54% 20-Aug-2015 7.31 3.24 28.29 5.22 3.53% 0.48%
31-Dec-2015 21-May-2015 31-Mar-2015 1 1,362,392 198,285 155,730 152,380 22,381 850,492 14.69% 11.43% 17.92% 639,468 213.05 53.26 23.83 5.96 3.50 0.87 1.3300 0.33   5.99%   5.63% 31-Mar-2015 5.67 2.66 23.79 4.26 4.20% 0.62% 21-May-2015 6.20 2.91 26.02 4.66 3.84% 0.56%
31-Dec-2014 25-Feb-2015 31-Dec-2014 4 1,299,313 186,421 147,020 143,763 22,381 799,335 15.57% 11.32% 17.99% 639,468 203.19 50.80 22.48 5.62 3.50 0.87 1.2500 0.31   -0.43%   2.22% 31-Dec-2014 4.47 2.20 19.88 3.58 5.03% 0.78% 25-Feb-2015 5.50 2.71 24.46 4.40 4.09% 0.64%
31-Dec-2014 20-Nov-2014 30-Sep-2014 3 1,265,738 183,170 147,596 144,385 22,381 786,545 15.50% 11.66% 18.36% 639,468 197.94 49.48 22.58 5.64 3.50 0.87 1.2300 0.31   -0.69%   9.59% 30-Sep-2014 4.43 2.24 19.62 3.60 5.10% 0.79% 20-Nov-2014 4.54 2.29 20.11 3.69 4.97% 0.77%
31-Dec-2014 20-Aug-2014 30-Jun-2014 2 1,270,933 185,636 148,837 145,387 0 773,756 - % 11.71% 18.79% 639,468 198.75 49.69 22.74 5.68 0.00 0.00 1.2100 0.30   0.78%   15.79% 30-Jun-2014 3.70 1.86 16.27 3.06 6.14% 0.00% 20-Aug-2014 3.97 2.00 17.46 3.28 5.73% 0.00%
31-Dec-2014 23-May-2014 31-Mar-2014 1 1,288,680 184,875 147,644 144,256 0 73,538,820 - % 11.46% 0.20% 639,468 201.52 50.38 22.56 5.64 0.00 0.00 115.0000 28.75   2.57%   24.66% 31-Mar-2014 4.26 2.11 18.88 0.04 5.30% 0.00% 23-May-2014 3.90 1.94 17.29 0.03 5.78% 0.00%
31-Dec-2013 26-Feb-2014 31-Dec-2013 4 1,309,770 182,217 144,352 140,647 0 70,341,480 - % 11.02% 0.20% 639,468 204.82 51.21 21.99 5.50 0.00 0.00 110.0000 27.50   6.76%   34.65% 31-Dec-2013 4.32 2.11 19.64 0.04 5.09% 0.00% 26-Feb-2014 4.56 2.23 20.73 0.04 4.82% 0.00%
31-Dec-2013 22-Nov-2013 30-Sep-2013 3 1,300,962 177,370 135,415 131,747 0 67,803,615 - % 10.41% 0.19% 319,828 406.77 50.86 41.19 5.15 0.00 0.00 212.0000 26.51   4.93%   33.56% 30-Sep-2013 6.80 1.67 16.51 0.03 6.06% 0.00% 22-Nov-2013 3.27 0.80 7.94 0.02 12.60% 0.00%
31-Dec-2013 26-Aug-2013 30-Jun-2013 2 1,290,145 169,657 128,764 125,563 159 664,765 0.13% 9.98% 18.89% 319,598 403.68 50.44 39.29 4.91 0.05 0.01 2.0800 0.26   8.50%   34.92% 28-Jun-2013 4.99 1.24 12.70 2.40 7.87% 0.01% 26-Aug-2013 6.17 1.53 15.70 2.97 6.37% 0.01%
31-Dec-2013 27-May-2013 31-Mar-2013 1 1,273,325 156,710 118,727 115,722 159 63,314,261 0.14% 9.32% 0.18% 319,768 398.20 49.78 36.19 4.52 0.05 0.01 198.0000 24.75   10.79%   28.04% 29-Mar-2013 3.55 0.89 9.81 0.02 10.19% 0.01% 27-May-2013 4.06 1.02 11.22 0.02 8.91% 0.01%
31-Dec-2012 25-Feb-2013 31-Dec-2012 4 1,235,492 140,859 107,152 104,452 159 610,376 0.15% 8.67% 17.11% 319,568 386.61 48.30 32.69 4.08 0.05 0.01 1.9100 0.24   5.89%   14.30% 31-Dec-2012 3.36 0.87 10.28 1.76 9.73% 0.01% 25-Feb-2013 3.28 0.85 10.04 1.72 9.97% 0.02%
31-Dec-2012 22-Nov-2012 30-Sep-2012 3 1,198,447 130,198 100,834 98,642 0 553,088 - % 8.41% 17.83% 319,704 374.86 46.85 30.85 3.86 0.00 0.00 1.7300 0.22   5.99%   1.71% 28-Sep-2012 3.04 0.81 9.85 1.76 10.15% 0.00% 22-Nov-2012 3.19 0.85 10.34 1.84 9.67% 0.00%
31-Dec-2012 23-Aug-2012 30-Jun-2012 2 1,154,248 121,308 94,811 93,064 0 536,986 - % 8.21% 17.33% 319,634 361.11 45.13 29.12 3.64 0.00 0.00 1.6800 0.21   2.97%   -8.67% 29-Jun-2012 3.22 0.89 11.06 1.92 9.04% 0.00% 23-Aug-2012 3.29 0.91 11.30 1.96 8.85% 0.00%
31-Dec-2012 24-May-2012 31-Mar-2012 1 1,125,105 116,859 92,050 90,381 0 51,449,695 - % 8.18% 0.18% 319,563 352.08 43.99 28.28 3.53 0.00 0.00 161.0000 20.11   -1.10%   -18.55% 30-Mar-2012 3.35 0.95 11.84 0.02 8.44% 0.00% 24-May-2012 3.12 0.89 11.03 0.02 9.06% 0.00%
31-Dec-2011 24-Feb-2012 31-Dec-2011 4 1,092,117 116,130 92,971 91,382 0 488,364 - % 8.51% 18.71% 325,576 335.44 42.70 28.07 3.57 0.00 0.00 1.5000 0.19   -5.78%   -22.81% 30-Dec-2011 3.25 0.97 11.58 2.17 8.64% 0.00% 24-Feb-2012 3.28 0.98 11.69 2.19 8.56% 0.00%
31-Dec-2011 17-Nov-2011 30-Sep-2011 3 1,063,560 120,588 98,133 96,986 95 479,898 0.10% 9.23% 20.21% 319,932 332.43 41.58 30.31 3.79 0.03 0.00 1.5000 0.19   -4.82%   -14.31% 30-Sep-2011 2.72 0.82 8.97 1.81 11.15% 0.01% 17-Nov-2011 3.07 0.92 10.13 2.05 9.87% 0.01%
31-Dec-2011 24-Aug-2011 30-Jun-2011 2 1,060,664 127,573 102,658 101,894 0 479,496 - % 9.68% 21.25% 319,664 331.81 41.47 31.88 3.98 0.00 0.00 1.5000 0.19   -8.17%   1.90% 30-Jun-2011 3.12 0.94 9.79 2.08 10.22% 0.00% 24-Aug-2011 2.78 0.84 8.72 1.85 11.47% 0.00%
31-Dec-2011 19-May-2011 31-Mar-2011 1 1,041,549 137,178 111,483 110,960 0 46,357,591 - % 10.70% 0.24% 319,707 325.78 40.72 34.71 4.34 0.00 0.00 145.0000 18.12   -6.27%   33.02% 31-Mar-2011 3.40 1.04 9.80 0.02 10.21% 0.00% 19-May-2011 3.23 0.99 9.31 0.02 10.75% 0.00%
31-Dec-2010 23-Feb-2011 31-Dec-2010 4 1,047,872 148,053 118,583 118,384 0 449,128 - % 11.32% 26.36% 320,806 326.64 40.97 36.90 4.63 0.00 0.00 1.4000 0.18   4.60%   76.50% 30-Dec-2010 3.16 0.97 8.56 2.26 11.68% 0.00% 23-Feb-2011 3.18 0.97 8.62 2.27 11.60% 0.00%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.


NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.


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  13 people like this.
 
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
PanjiAlam55 Politician especially UMNO always creating inconsistent to the market, WTH....!
25/11/2020 3:28 AM
PanjiAlam55 UMNO members still thinking that they are fully in powered, just wait for the GE15 rakyat will not give them not even 1 vote, rakyat already feed up with UMNO ever since the big liar and pirate stealing rakyat money (KWAP)..but he still deny it although court has sentence him to jail few month ago...
25/11/2020 3:35 AM
awlovely Good morning everyone. Should buy in more now or will it
keep dropping?
25/11/2020 8:37 AM
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.
25/11/2020 9:11 AM
25/11/2020 9:41 AM
supersinginvestor Hehe..gloves kena covid...
Say vaccine needs gloves...
But now looks like gloves need vaccine more...ahahahaha
25/11/2020 10:07 AM
yamapipi Post removed. Why?
25/11/2020 11:25 AM
NPRA1985 Schedule for budget voting on track — source

As for now, the schedule for the crucial Budget 2021 vote set for tomorrow is on track, according to a source familiar with the matter.

“Ministers have also been reminded to stick to their 20-minute allocation and not exceed it — as what happened on Monday and Tuesday. Questions that can’t be answered due to time constraints will be answered in writing,” a government source familiar with the scheduled budget vote told The Edge, adding that at present, the budget voting is still “confirmed” for tomorrow as scheduled.

https://www.theedgemarkets.com/article/schedule-budget-voting-track-%E2%80%94-source
25/11/2020 12:57 PM
supersinginvestor Gloves share buy backs n epf buying is artifically holding up prices..this means no more rally in gloves..just soft ending...
25/11/2020 2:01 PM
Apple1234 supersinginvestor (无常): yes yes, vaccine need glove, welcome back Kossan and all in.
25/11/2020 4:10 PM
Apple1234 Supersinginvestor (无常): yes yes, vaccine need glove. All in Kossan ok?
25/11/2020 4:11 PM
supersinginvestor The lord cursed the self righteous with covid...then gloves protected the cursed ...now gloves r cursed....simple....no need financial report to know this...u want to own cursed gloves? Sell gloves buy banks ...The self righteous r cursed to walk the earth till judgement day. N judgement day is upon them gloves...the gloves protect the self righteous from the curse bestowed upon them(covid)..n now the gloves r cursed to eternal damnation...sell the gloves n buy the banks..pbbank hlbank n be rewarded dearly...
25/11/2020 4:13 PM
Kossan Fresh from BBC

Personal protective equipment (PPE) stockpiles in England were inadequate for the Covid pandemic and price rises earlier this year cost taxpayers about £10bn, the spending watchdog has said.
The National Audit Office said there had been a particular shortage of gloves and aprons.
The government said the NAO's report recognised that NHS providers had been able to get what they needed in time. Almost £12.5bn was spent on 32bn items of PPE between February and July 2020. During the same period in 2019, 1.3bn items were bought at a cost of £28.9m.
25/11/2020 6:32 PM
Apple1234 Supersinginvestor (无常): you are genius...... can you wash your oily hair?
25/11/2020 8:33 PM
Kossan Fresh from Reuters

Malaysia's Top Glove Corp, which has shut some factories after thousands of workers tested positive for COVID-19, said on Wednesday it expects some supply shortages that could push up prices of medical rubber gloves.

The company, the world's largest latex glove maker, said in a media briefing that it had not yet seen any cancellation of orders, and that it expected the virus outbreak among its workers to be contained within a month.
25/11/2020 9:30 PM
Kossan Fresh from CNA

Malaysia's Top Glove, the world's largest rubber glove maker, said Wednesday (Nov 25) that supply disruptions at its factories due to a COVID-19 outbreak may push glove prices up.

The company said it has shuttered 20 of its factories in an area outside Kuala Lumpur in stages since Nov 17 after nearly 3,000 workers tested positive for the coronavirus, with another eight facilities in the same area running below 20 per cent of capacity.
25/11/2020 9:38 PM
Kossan Fresh from the star news

The temporary closure of the world’s largest glove maker’s factories following a spike in Covid-19 cases among its workers will affect the production and supply of surgical gloves in the country and globally, said an industry group.

Malaysian Pharmaceutical Society president Amrahi Buang said the chain effect should be viewed carefully as Top Glove is the largest manufacturer of surgical gloves in the world.
26/11/2020 8:10 AM
Goku88 https://nypost.com/2020/11/24/moderna-boss-says-covid-shot-not-proven-to-stop-virus-spread/
26/11/2020 2:11 PM
Goku88 Moderna boss says COVID-19 vaccine not proven to stop spread of virus

Moderna’s coronavirus vaccine may not get life back to normal right away because it hasn’t yet been proven to prevent the deadly bug from spreading, the company’s top doctor says.
26/11/2020 2:11 PM
Kossan Fresh from NY times

Research has shown that the biotech firm’s shot is effective at preventing people from getting sick with COVID-19, but there’s no hard evidence that it stops them from carrying the virus “transiently” and potentially infecting others who haven’t been vaccinated, according to Dr. Tal Zaks, Moderna’s chief medical officer.
26/11/2020 3:04 PM
Kossan Fresh from Reuters

Gloves manufacturing companies in Malaysia is expecting skyrocketing earnings upside to the FY21 estimates due to global shortages of gloves amid closure of world’s largest glove producer, Top Gloves factories. The glove ASP may continue daily doubling rise until reopening. Previous analysts FY21 earnings may be underestimated.
26/11/2020 3:38 PM
Kossan Fresh from Bloomberg

Gloves manufacturers raised average selling prices (ASPs) of its gloves by another 40 per cent on a day-on-day basis due to partial closure of Top Gloves factories.

Business insiders said further ASP revisions were expected in the coming days as countries are gearing for mass vaccination program. Gloves security is a new terminology created and widely used by government officials. With the steep ASP hike projected, a spectacular earnings are expected for gloves producers.
26/11/2020 3:47 PM
Goku88 Supermx + TG already flying, time to hop into Kossan and ready to fly.
26/11/2020 4:17 PM
Goku88 https://www.nst.com.my/business/2020/11/644112/top-glove-tumbles-plant-closure-move-may-push-glove-prices-higher
26/11/2020 4:18 PM
Goku88 Top Glove tumbles on plant closure, move may push glove prices higher
26/11/2020 4:18 PM
Kossan Fresh from CNBC

After observing the steep rise in ASP a week go and onwards while the ASP is projected to skyrocket to a new level, our assumptions, we project Nov’20 ASP to increase by 50% and 60% in the following month before decreasing to 20% in FY21.

This is based on the assumption of a significant growth in ASP due to unprecedented closure of a leading glove manufacturer, Top Gloves which controls 25% of global market share. The elevated ASP will sustain into the first half of 2022 before moderating in FY23.

The earnings upside to the FY20 estimates would be high if Top gloves factories remain close for another week, which would suggest that the non- Top gloves counters may continue to rise and the precious FY20 earnings may be underestimated.
26/11/2020 7:09 PM
speakup https://www.malaymail.com/news/what-you-think/2020/11/25/case-for-windfall-taxes-lim-wei-jiet/1925899

WINDFALL TAX again?
26/11/2020 10:57 PM
Ukga Hope steep rise in ASP will reflect into higher share prices and better dividends payout in the future.... Cheers and Stay safe.
26/11/2020 11:22 PM
Kossan Fresh from Bloomberg

Non- Top gloves companies are expected to raise average selling prices (ASPs) of its gloves by another 50 per cent on a month-on-month basis.

An investment banker said some ASP still lagged behind some of its peers and further ASP upward revisions were expected in the coming days as it continued narrowing the pricing gap.
27/11/2020 9:22 AM
Kossan Fresh from Reuters

Rubber glove stocks under our coverage have gone through share price volatility over the past months on concerns that investors are looking at earnings beyond FY21. Based on our analysis presented in this report, we can conclude that: (i) ASP is going to be stubbornly high at least till mid 2022 which supports exponential QoQ earnings growth over the next few quarters, (ii) tight supply situation due to unprecedented closure of Top Glove factories following nitrile raw material and glove formers shortage will lead to longer production lead time, and (iii) 2020 to 2022 estimated incoming capacity are indicating demand to continue outpacing supply. All in, we are excited with the sector prospects over the next few quarters due to supply tightness amid strong demand. Specifically, industry trend of rising weekly and monthly ASPs is expected to boost bottom-lines. Amplifying the growth are restocking and inventory-building activities creating a supernormal demand spurt leading to acute supply shortage, due to the prolonged pandemic.
27/11/2020 11:22 AM