July 28, 2010

KOSSAN - Kossan Rubber, Supermax rated 'buy'

Stock Name: KOSSAN
Company Name: KOSSAN RUBBER INDUSTRIES BHD
Research House: CITI GROUP



Kossan Rubber Industries Bhd and Supermax Corp were rated "buy" in new coverage by Citigroup Inc analysts Fiona Leong and Lawrence Ye, who said the companies are trading at undemanding valuations.

The brokerage has a share-price estimate of RM4.95 for Kossan Rubber and RM7.40 for Supermax. - Bloomberg



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