Posted by Ismylife73 > 2020-07-13 19:51 | Report Abuse

GG to the small fish. Although is not the bank fault, but by providing a put warrant in a rally stock still looks weird.

Posted by loilhs > 2020-07-13 20:16 | Report Abuse

Supermax-HB is a Put Warrant simply means you betting the price to fall drastically to below RM5 (Strike Price) upon maturity on 26/02/2021. i.e. you will get nothing from issuer of the Put Warrant if mother share price is RM5 and above. You will get the difference of the Strike Price & mother share price (based on 5 days VWAP prior to maturity date) if this is a positive value to be divided by the ratio of 20. Details of which you can obtain from the Term Sheet of the Warrant at Bursa Website. Meaning the 2 Put Warrants of Supermax & Top Glove that we have now at Bursa is of no value at all. Hope all investors here will understand Put Warrant.

Posted by petak64 > 2020-07-13 22:22 | Report Abuse

Hello all u sife there. So it still good to buy this spmax HB warrant? What does HB means. I but top glove Ha @.10sen. Closed .20c. Can it still go up.

Posted by Rise888 > 2020-07-13 23:44 | Report Abuse

Petak64, Put warrant acts the other way round, it is only beneficial when mother share drops. For me, I will not touch put warrants, I will offload all if bought it accidentally. Unless you foresee topglove is going to drop below rm12 before the ex-date. If unfamiliar, don't buy, it's super high risk. This is just a suggestion. Buy and sell at your own risk. Wish you luck

Posted by air01557 > 2020-07-14 00:35 | Report Abuse

Buy and commit sucide - HB is of no use in bullish glove scenario

Posted by pdchs > 2020-07-14 14:21 | Report Abuse

air01557 Buy and commit sucide - HB is of no use in bullish glove scenario

Good statement,,,,, HB for TG is equivalent to "see you in hell"

Posted by Hilaryhuixin1004 > 2020-07-14 17:53 | Report Abuse

today just bought in...never knew drop like this...aiyooo