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MY Stock MarketDetailed Quotes
7153 KOSSAN
- 1.740
- -0.010-0.57%
15min DelayMarket Closed Mar 28 16:50 CST
4.42BMarket Cap37.02P/E (TTM)
1.760High1.720Low7.49MVolume1.750Open1.750Pre Close13.07MTurnover2.87052wk High0.60%Turnover Ratio2.54BShares1.64052wk Low0.047EPS TTM2.19BFloat Cap7.256Historical High37.02P/E (Static)1.26BShs Float0.004Historical Low0.047EPS LYR2.29%Amplitude0.06Dividend TTM1.21P/B100Lot Size3.45%Div YieldTTM
KOSSAN Stock Forum
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US Tariff Hike on Chinese Gloves: Opportunity for Malaysian Manufacturers
US to increase tariffs on Chinese medical/surgical gloves: 7.5% → 50% (2025) → 100% (2026)
Creates major opportunity for Malaysian glove manufacturers to expand US market share
Malaysian Companies Set to Benefit:
Top Glove: World's largest glove maker; expects US customers to shift to Malaysia, Thailand, Vietnam; US currently represents...
US to increase tariffs on Chinese medical/surgical gloves: 7.5% → 50% (2025) → 100% (2026)
Creates major opportunity for Malaysian glove manufacturers to expand US market share
Malaysian Companies Set to Benefit:
Top Glove: World's largest glove maker; expects US customers to shift to Malaysia, Thailand, Vietnam; US currently represents...
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Market Overview:
Today's trading session witnessed a broad-based decline across the Bursa Malaysia, with the FBMKLCI index dropping 35.32 points (-2.323%) to close at 1,484.83. The market performance reflected widespread sectoral weaknesses, highlighting the challenging economic landscape for investors.
Sector Performance Dynamics:
The most significant sector decline was in Financial Services, which plummeted 568.51 points (-3.029%), indicating potential systemic...
Today's trading session witnessed a broad-based decline across the Bursa Malaysia, with the FBMKLCI index dropping 35.32 points (-2.323%) to close at 1,484.83. The market performance reflected widespread sectoral weaknesses, highlighting the challenging economic landscape for investors.
Sector Performance Dynamics:
The most significant sector decline was in Financial Services, which plummeted 568.51 points (-3.029%), indicating potential systemic...
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$KOSSAN (7153.MY)$ bounce back orr .....
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$KOSSAN (7153.MY)$ I don't know why the indicators show bull but actual market is bear as shiet.
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$Top Glove (BVA.SG)$ $HARTA (5168.MY)$ $KOSSAN (7153.MY)$
Malaysia-listed glove makers have been falling the past few days to multiple month lows after Hartalega reported a 12.8% decline in net profit for the third financial quarter ended Dec 31, 2024 (3QFY2025). It was lower than expected. It also provided a lacklustre outlook for the rest of the year. The weaker guidance was said to be due to US customers front-loading their orders in the fourth quarter of calendar year 2024, which is expected to r...
Malaysia-listed glove makers have been falling the past few days to multiple month lows after Hartalega reported a 12.8% decline in net profit for the third financial quarter ended Dec 31, 2024 (3QFY2025). It was lower than expected. It also provided a lacklustre outlook for the rest of the year. The weaker guidance was said to be due to US customers front-loading their orders in the fourth quarter of calendar year 2024, which is expected to r...
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Glove stocks tumbled after Hartalega Holdings Bhd reported solid 3Q25 results but warned of weak near-term demand and rising costs. With valuations now lower, is it time to reconsider?
What Triggered the Sell-Off?
Despite posting a net profit of RM60 million (from a RM2.4 million net loss), Hartalega’s cautious outlook and a 12.82% decline in quarterly earnings due to higher expenses spooked investors. This led to panic selling, forcing a shor...
What Triggered the Sell-Off?
Despite posting a net profit of RM60 million (from a RM2.4 million net loss), Hartalega’s cautious outlook and a 12.82% decline in quarterly earnings due to higher expenses spooked investors. This led to panic selling, forcing a shor...
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On February 18, 2025, shares of major Malaysian glove companies such as Top Glove, Hartalega, Supermax, and Kossan experienced a significant decline. This drop was driven by several factors, including intense competition from Chinese and Thai manufacturers offering lower prices, as well as rising operational costs that are difficult to pass on to customers.
However, there is hope for recovery due to the U.S. increasing tariffs on glove imports from China, which is expected to give...
However, there is hope for recovery due to the U.S. increasing tariffs on glove imports from China, which is expected to give...
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Mervyn 57 : Despite the good news and financial data, there's no +ve effects on the prices
104730749 Mervyn 57 : because the rumours were all the importers placed orders before tariffs kick in, only after 2nd half of 2025 may feel the effects
104421452 : buy the rumour sell the new
104730749 Mervyn 57 : other issue with CCP is that their factories are heavily subsidised by central government, they only know one trick and that is to thrash ASP's until nothing left but their quality will keep reducing.
103106806 : what if customers have bought sufficient for another 3 yrs inventory
after 3 years new US govt and no more tariffs. china is back and ready to supply more cheap gloves
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