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What could have possibly fuelled the powerful Dataprep rally?


KUALA LUMPUR (March 17): It is not exaggerated at all to describe the rally in Dataprep Holdings Bhd s share price as being far more powerful than that experienced by the glove makers and the technology counters on Bursa Malaysia.
It took several months for Top Glove Corp Bhd s share price to triple. However, Dataprep soared 23-fold from 16.5 sen on Feb 11 to a 20-year high of RM3.79 on Monday in slightly more than a month after trading below 50 sen over the past 15 years for the majority of the time since 2005.
The ICT solution provider retreated on Tuesday, falling 11.61% or 44 sen to RM3.35, with some 65.57 million shares changing hands. Still, it has rocketed over 20 times. ....

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