Weighing the potential impact of higher ASPs on Kossan Rubber


KUALA LUMPUR: Despite the recent rally, there could still be more upside to Kossan Rubber Industries Bhd's share price as the market is yet to realise the potential impact of higher average selling prices (ASP) and tight supply conditions.

"Due to the tight supply, we expect buyers to jockey for position in order to secure allocation which will push up ASPs," said Kenanga research, which has outperform call on the counter.

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