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Today got very very good and interesting company that will maybe see limit up a few round due to many investor overlook on this company potential despite being directly related to GLOVE INDUSTRY, and support big company like TOPGLOVE and KOSSAN..
This unknown company is hidden as a steel pipe manufacturer, but actually got a 100% owned company doing set up for glove dipping line.
Remember to allocate some bullet for KSSC - 5192, because this stock is super undervalue.
There is one subsidiary under KSSC (100% wholly owned) named KSG ENGINEERING SDN BHD
KSG ENGINEERING WEBSITE
KSG ENGINEERING MAIN CUSTOMER
As you can see, KSG ENGINEERING is supporting TOPGLOVE, KOSSAN (2 of the TOP4 glove manufacturer in the world)
The closest competitor with listed glove dipping line provider is HLT, which have market cap 1.66 billion.
If based on current valuation, KSSC should be worth RM 20 already. But since this is a little bit over the board, what about RM 4? Just grow 10 times the market cap?
So have to get ready KSSC to be limit up a few round in a row!!! We know that a lot of gloves company are buying lands and setting up new factory in a big big aggressive manner to cater for the demand. KSSC will aggressively benefit from this.
Short term TP RM 1.50
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