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Kossan Rubber: Laggard play Higher utilisation, ASPs and automation to support margin recovery-20260610
CLSA· 2026-06-10 14:12
Change in target price Kossan Rubber RM1.20 - OUTPERFORM Zhen Ye Khoo zhenye.khoo@clsa.com +60 3 2056 7871 10 June 2026 Malaysia Healthcare Reuters KRIB.KL Bloomberg KRI MK Priced on 9 June 2026 KLSE Comp @ 1,675.5 12M hi/lo RM1.70/0.94 12M price target RM2.10 ±% potential +75% Shares in issue 2,557.9m Free float (est.) 34.2% Market cap US$770m 3M ADV US$2.6m Foreign s'holding 11.0% Major shareholders Kossan Holdings (M) 51.1% Stock performance (%) 1M 3M 12M Absolute (0.8) 24.4 (25.9) Relative 3.5 24.3 (32. ...