Call Warrant up date - 29/11/06

As per today most of the CA already reach their Fair value, special mention here :

1. Astro CA and Scomi CA is expiry onJan 2007, Avoid this 2 CA, Especially scomi CA is seriously out of money.

2. Sime CA , The premium is high 16% and the Sime current price already in the value that proposed restructure price by CIMB. Any outside prospect?

3. Maxis CA and May bank CA , still at reasoable price, if market is bullish, the 2 counter yet to show their history high. So se ethe potential?