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Kossan didn’t release QR today, so this is now their latest-ever release without an external crisis. Since QR is unaudited and normally early, the only logical cause is the board still finalising the dividend amount. If it was just a simple 2 sen dividend, the QR would have been released already.
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : INTENTION TO DEAL DURING CLOSED PERIOD dated 27/10/25. QR will be out on 28/11/25.
Dividends should be paid based on QR earnings. Cash buffer should be conserved to fight the headwinds for glove sector over the next 2-3 years. Intco coming in very strongly.
Kossan has more than enough cash to fight the battle, with current cash level, every quarter lose 10m, they need to lose 40 years straight to finish up the money. Kossan simply has toooo much cash reserve.
Ok, cash rich with RM1 billion, quarterly profitable, with current price only 1.1, i see the price clearly being "manipulated " ! What is the intention of this, want collect low?
2 sen dividend, not bad, so the board decided to give out extra cash next year after final dividend, make sense because usually after Q4 only decide on it. More time to accumulate until next year February special dividend announcement.
Challenge is the oversupplies situation moving forward from China companies like INTCO Medical, Winner Medical Co., Ltd. & Blue Sail Medical. They Come, They Saw, They Conquered !