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kenanga call warrants expiring on 15 Jan. gonna be hard for Top Glove to go up. just see these two days u already know that IBs still not releasing Top Glove and still got high volume in shorting.
15th Jan that warrant almost dead transaction, i assumed most tickets already been eaten back. And the current market sentiment on glove seems uptrend. Personally will not too worry before 15th Jan, but shall keep an eye on those warrants expiring 29th Jan. Just my 2 cents...
remaining warrants expiring on 29 Jan already out of money. hence now at this price, it is trading at premium. let s see if Top Glove still trade below rm6 by next week while other gloves are rallying.
Is still an uptrend before supermax out qr maybe next week, history trend always about the same before gloves company out qr and u know what happen after that. But of course still need to see whether there is any related bad news for glove during this weekend. Or if mco then gloves will be bullish.
