
KOSSAN 7153
PREV | CLOSE | CHANGE | HIGH | CLOSE |
---|---|---|---|---|
4.500 | 4.370 | -0.130 | 4.430 | 4.350 |
VOLUME | BUY VOL | BUY | SELL | SELL VOL |
---|---|---|---|---|
15,078 | 29 | 4.370 | 4.380 | 63 |
52 Weeks Range : 3.85 - 19.5
PREV | CLOSE | CHANGE | HIGH | CLOSE |
---|---|---|---|---|
4.500 | 4.370 | -0.130 | 4.430 | 4.350 |
VOLUME | BUY VOL | BUY | SELL | SELL VOL |
---|---|---|---|---|
15,078 | 29 | 4.370 | 4.380 | 63 |
BURSA MALAYSIA –
The Group recorded revenue of RM1,033.35 million in 3Q20, rising 47.27% as compared with RM701.68 million in the immediate preceding quarter. PBT rose 171.33% to RM436.39 million from RM160.84 million in 2Q20. The performance was attributable to the improvement in all three divisions – Gloves, Technical Rubber Products and Cleanroom.
The Star –
The rubber glove counters which have been charging forward, with no sign of the Covid-19 pandemic abating, suddenly found themselves in a bloodbath amid various developments involving the sector. Some positive news on a vaccine, competition rising faster than expected and concerns of a potential windfall tax all attributed to the correction. Kossan Rubber Industries Bhd slid the most in terms of percentage, down 9.96% or 81 sen to RM7.32
BURSA MALAYSIA –
The Group recorded revenue of RM701.68 million in 2Q20, rising 14.75% as compared with RM 611.47 million in the immediate preceding quarter. PBT rose 94.87% to RM160.84 million from RM82.53 million in 1Q20. The performance was mainly due to the improvement in the Gloves and Cleanroom division due to the increase in the demand for the division’s products as a result of the COVID-19 pandemic.
REMUNERATION STUDY –
In Financial Year End 2019, the directors’ remuneration was 17.45 million. It was slightly high compared to average in listed companies, considering the employees’ remuneration of 303.4 million and auditor’s remuneration of 441 thousands
BURSA MALAYSIA –
The Group recorded revenue of RM611.47 million in 1Q20, rising 5.73% as compared with RM 578.35 million in the preceding quarter. PBT rose 14.19% to RM82.53 million from RM72.28 million in 4Q19. The performance was mainly attributable to the improvement in the Gloves division.
BURSA MALAYSIA –
The Group recorded revenue of RM578.35 million in 4Q19, rising 8.86% as compared with RM 531.26 million in preceding quarter. PBT rose 15.15% to RM72.28 million from RM62.77 million in 3Q19. The performance was mainly attributable to the improvement in the Gloves division.
INVESTING MALAYSIA –
KOSSAN (16 JAN 20) Kossan Rubber Industries Bhd is disposing of a vacant freehold industrial land in Kuala Langat, measuring 390,397 sq metres, for RM147.75 million.
Investing Malaysia –
Average investing volume for Kossan Rubber Industries Bhd in the past three months in stock market was 2170.3k lots
Investing Malaysia –
KOSSAN gets a score of 7.02 in our equity and assets quality test based on current share price of RM4.65
Investing Malaysia –
Kossan Rubber Industries Bhd gets a score of 15.89 in our stability test after the balance sheet, money statement study
Investing Malaysia –
Stock code of 7153 in Bursa Malaysia did not propose any dividend for the past few years
Investing Malaysia –
KOSSAN is estimated to have a profit consensus of 258.02 millions, with an adjusted market capitalization of 5934.26 millions
REMUNERATION STUDY –
In Financial Year End 2018, the directors’ remuneration was 19.24 million. It was high compared to average in listed companies, considering the employees’ remuneration of 282.6 million and auditor’s remuneration of 401 thousands