【KOSSAN 7153 交流专区】高产尼品工业

camry

不是全部30大股东都须向bursa呈报股权变动的，大部分都不需要说出来的，只有在新的年报里才能知晓，有没有其他的管道能够较快知道？

camry

今天kossan终于跌破近年来的最低点了，它可算是众手套股中表现最糟的一只，还好之前没买进，转买油棕股，赚了一点 。现在看到它这么低，又心痒痒了，想看情势买进一点点，可能还会再跌，所以不急。

loong81

那我就帮不到你了

vincentphuah

我赞成买进,若有多余的资金......

camry

原帖由 vincentphuah 于 14-11-2007 07:10 PM 发表
我赞成买进,若有多余的资金......

若kossan管理层的计划都实行了，我相信接下来三个季报会一季比一季好。
若真想买进，我个人看法是一点一点的分次买进，因看得出卖方很急，慢慢的将他们引下来，越低越好,买得便宜货,风险也越低。另外手套股的潜在风险还是得注意。

Mr.Business

新闻。

15-11-2007: Kossan Rubber expands to Iran via rubber bearing JV

KUALA LUMPUR: Kossan Rubber Industries Bhd is expanding its reach to Iran via a joint venture to manufacture rubber bearings for use in construction of buildings.

In an announcement to Bursa Malaysia yesterday, it said its subsidiary Doshin Rubber Products (M) Sdn Bhd had signed a memorandum of understanding (MoU) with Amona International Ventures Sdn Bhd and Kohrang Industrial Group to facilitate its venture in Iran.

Under the MoU, the parties will undertake a feasibility study to set up a joint-venture company to design and construct testing facilities, manufacturing and testing of seismic rubber bearings to be used in construction of buildings.

The Malaysian Rubber Board will offer assistance by supplying high damping rubber compound for the production of the seismic rubber bearings. Amona is a Malaysian company but involved in property development and construction ventures in Iran while Kohrang is based in Iran and produces and supplies marine rubber parts to the industries there.

Kossan said funding would be via internal funds and borrowings with the actual cost to be determined at a later stage.

8years

完蛋咯，搞不好美国要band kossan的product了。为了一粒米，丢了一只鸡。。。。。。

搞不好美国外资也要卖票咯

什么不搞，竟然和美国人死对头做生意。。。。。。。。

DRAGONISM

eme

原帖由 8years 于 15-11-2007 06:02 PM 发表
完蛋咯，搞不好美国要band kossan的product了。为了一粒米，丢了一只鸡。。。。。。

搞不好美国外资也要卖票咯

什么不搞，竟然和美国人死对头做生意。。。。。。。。

这么大的影响？
－－－－－－－－

我认为KOSSAN创下今年最低是因为
1.令吉升值
2.天价的石油

这真的是在考验管理层的功力。

8years

只是可能吧了，不当真。外资如何做就要看他们自己了，毕竟kossan的外资大户是美国人。。。。

Mr.Business

新闻。

Monday November 26, 2007

The future of gloves

Between the Lines:
By C.S. TAN

FOR a setting of share price direction when thereare uncertainties in an industry, the rubber glove sector provides aninsight.  

Top Glove Corp Bhd, for instance, has seen a 40% drop in its share price this year even though its latest quarterly results showed a 33% rise in pre-tax profit.  

Supermax Corp Bhd, asmaller glove manufacturer, announced on Wednesday the earnings in its latest quarter rose 27%. Its share price went up by all of 1 sen the next day.  

Similarly, Kossan Rubber Industries Bhd's share price has declined by RM1.00 from the start of the year, when its price was RM4.80, to RM3.80 on Friday.  

The glove companies produce a humdrum product but their shares were anything but boring in previous years. They delivered high earnings growth and saw a steady rise in their share prices.  

The under-performance of the glove stocks is due to several factors, such as concerns over the price of liquefied petroleum gas (LPG) for which an increase is widely expected next year.  

Tenaga Nasional Bhd, the biggest user of LPG, pays RM6.40 per mmbtu (one million British thermal units), while other companies in the industrial sector pay about RM12.90 per mmbtu. The international price is about RM24.00.

It is of even greater concern to investors that Gas Malaysia Sdn Bhd, an associate company of Petronas, is believed to be reluctant to increase the supply of LPG to manufacturers, as it is not profitable to do so.

That would restrain glove makers from expanding their capacities, as most of them currently use LPG to heat their industrial processes.  

Industry players said, however, they had contracted for additional LPG supplies for their expansion into 2008 or even 2009. Supply should not,therefore, be a problem in the short term.  

As for higher LPG prices, if that is raised too much, the glove makers are prepared to switch to biomass or coal. That would ensure that LPG supply would not be a constraining factor in their expansion plans from 2009 or beyond.  

Investors are also worried over a perception that earnings growth will be slower in future. Disproving that, the results of Supermax were quite good.  

While Top Glove's earnings growth was still quite strong, some fund managers were surprised it was achieved in spite of no increase in revenue,which stood at RM307.7mil in Q4/07 compared with RM307.6mil in the same quarter last year.  

It is understood there was no revenue increase in Q4/07 because latex prices were lower during that period compared with Q4/06. That accounted for the expansion of profit margins in its Q4/07 period.  

While the downdraft of share prices is painful for shareholders, it has given other investors an opportunityto get into the glove stocks at inexpensive, current year price/earnings (PE) valuations of mid-teens for Top Glove and just under 10 times for Kossan and Supermax for companies growing at over 20% a year.  

Non-events  

It is not only Supermax that produced higher earnings without being rewarded with a higher share price.  

Many other companies in the small to mid-cap space delivered strong earnings growth while their share prices languished.  

Thiswas partly due to a macro view of uncertainties that the US could slip into a recession early next year, and if the Chinese stock markets would continue in their steep correction.  

Companies here that did well include Sino Hua-An International Bhd, a manufacturer of coke for the iron and steel sector in China. It reported a 46% rise in net profit in its latest quarter, and its share price remained unchanged at 79 sen at the end of the week, down 39% from RM1.30 at the start of the year. It's also unusual for a stock that is largely doing business in China to be trading at a PE of less than six times.  

http://biz.thestar.com.my/news/s ... 554655&sec=business

[ 本帖最后由 Mr.Business 于 26-11-2007 09:26 AM 编辑 ]

Mr.Business

Kossan刚刚宣布FY2007Q3季度业绩，都算不错的业绩。

Revenue RM188,311K
Profit RM12,508K

Kossan首三个季度的净利是RM35,537K,票数是159,867K股  ，所以预测全年EPS有RM0.296。Kossan的股价是RM3.90,所以PE是13。

KOSSAN

(7153)  20:16:51

Last Done	3.900
Change	0.100
Day High	3.940
Day Low	3.800
Best Buy	3.860
Best Sell	3.900
Volume(Lot)	3362

Mr.Business

新闻。

Kossan的业绩不错。投资者担心手套业成长变慢是多虑了？


高产尼品工业营收增16% 2007/11/28 13:11:17
●南洋商报

（吉隆坡27日讯）高产尼品工业（Kossan，7153，主板工业产品股）在截至今年9月30日止的第二季内，取得1亿8千831万1千令吉的营业额，较前期的1亿6千264万3千令吉上升15.8％。

高产尼品工业在文告中指出，其第二季的税前盈利也增加16.7％至1千545万8千令吉，前期为1千325万令吉。

在截至9月30日的首三季内，其营业额增加26.9％至5亿1千157万8千令吉，前期为4亿零314万5千令吉。该集团税前盈利达4千334万7千令吉，取得28.5％增长。

该营业额增长，是基于手套的需求刺激而带动近30％的上扬。

自8月加入13条生产线，新手套生产容量扩大，高产尼品工业目前营业额与税前盈利已分别增长17.1％与12.1％。

http://www.nanyang.com/index.php?ch=7&pg=12&ac=791877

8years

难道是kossan抢了topglove的生意？？

invest_klse

Kossan 价格渐渐变得吸引人了。
若能再跌20%，就真是可以买进了。

DRAGONISM

第三季成绩公布了。

mjchua

7153	KOSSAN	4,800	22,080.00	19/09/2007	4.600
7153	KOSSAN	500,000	2,190,000.00	03/10/2007	4.380
7153	KOSSAN	310,000	1,345,400.00	24/10/2007	4.340
7153	KOSSAN	10,000	38,800.00	03/12/2007	3.880

robitech9

Wednesday,  5 Dec 2007  
  
6:51PM  Lim Leng Bung (424,900 Shares Acquired)  
6:51PM  Lim Kwan Hwa (424,900 Shares Acquired)  
6:51PM  Lim Kuang Wang (424,900 Shares Acquired)  
6:51PM  Lim Kuang Sia (424,900 Shares Acquired)  
6:51PM  Lim Kuang Yong (424,900 Shares Acquired)  
6:51PM  Kossan Holdings (M) Sdn Bhd (424,900 Shares Acquired)  
6:51PM  LIM LENG BUNG (424,900 Shares Acquired)  
6:51PM  LIM KWAN HWA (424,900 Shares Acquired)  
6:51PM  LIM KUANG WANG (424,900 Shares Acquired)  
6:51PM  LIM KUANG YONG (424,900 Shares Acquired)  
6:50PM  LIM KUANG SIA (424,900 Shares Acquired)

Mr.Business

新闻。

高产尼品 1482万购加埔地段

2007/12/13 10:35:14

●南洋商报

（吉隆坡12日讯）高产尼品工业（Kossan，7153，主板工业产品股）的子公司以1千482万8千913令吉的现金，献议购入位于加埔，总面积达4.05公顷的土地。

这家名为Perusahaan Getah Asas私人有限公司（PGA）的子公司，是向Hong Lee Industries私人有限公司购入这片土地，预料收购计划将在买卖协议签署后的3个月内完成。

高产尼工业在文告中指出，这项收购是PGA拓展计划的一部分。

据知，PGA有意装置10条双轨乳胶手套生产线，新的工厂预计在2008年第二季完成，这10条生产线将在2008年第四季完成装置。

http://www.nanyang.com/index.php ... pg=12&ac=796487

camry

反复思考了一阵子，终于决定一小部分上车了，希望能在两三年内开番。

个人列出如今外围的不利因素：
1.油价和胶价上升
2.汇率上升
3.美国版权诉讼
4.天然气调涨

有利点/对策：
1.原料价格上升是大家同样面对的全球性问题，因此可能性有:
  a.成本转嫁消费者
  b.经不起考验的小型业者被淘汰，胜出者将侵吞掉被淘汰者的市场而更强大，虽然利润会降低。

2.对kossan而言，对美元汇率的上升虽然减少了利润，但影响不大，因其也能得利于原料的进口。另外，同样是天然胶产国的泰国的币值似乎升幅比马币还大，因此在国际上竞争力上，照理相对于泰国而言，我国似乎应该更强了。

3.美国版权诉讼的问题应该不大，主要是出口美国的丁睛手套僅佔总销售额的不到5.5%。另外，就算输了，也能将版费转嫁消费者。

4.天然气占其成本不到10%，影响算是不高不低，但这是全部业者都面对的问题，包括外国的竞争者，效率高的大型业者将比小型业者更有利。

5.政府税率明年将再调低1%，这将增加收入。相信将来政府还会再降低税率，因我国的企业税率在区域中还算是蛮高的。

6.相对于今年的最高点RM5.9来比较，股价已跌了超过35%，甚至还远低过去年封关的RM4.68，相信如今的价格已反映出了它的全部不利因素，下跌空间应该有限了。

7.其他国际大型竞争者的退出将制造更多的扩展空间，需求量将更大。

8.个人估计未来两年的产量扩充率是20%-30%.

9.就算全球经济不景气，熊市对手套业的影响应该算是小的。

有什么不对或漏掉的，请大家补充。

33333

我在这里祝大家在新的一年里，心想事成，步步高升，

最重要是一本万利