Interested investor should look into SMPC-LA which have convertion option of 1000 SMPC-LA + rm 900 for 1000 SMPC
Since SMPC mother already break through RM0.90, any single cent up of SMPC, SMPC-LA will follow.
Assume SMPC trade @ RM 1 and SMPC trade @ RM 0.10
Whoever holding SMPC switch to SMPC-LA, if you hold 1000 share of SMPC, which cost you RM 1000, after Switch to SMPC-LA, you only need RM 100, the balance of RM 900 can just deposit into the bank
In worst scenerio, if SMPC drop to 50cent, holding SMPC will loss RM 500, but holding SMPC-LA only have maksimium loss of RM 100
But switch it to LA, investor will having more return with limitation loss of only RM 100

Remember Mas-CP I highlighted last 2 weeks ????
Time to take profit now, with more than 100% of profit

Soon9913,
yes, your are right. Maturity is on 18-12-13

Beside Mas, there is another option to explose to choice (but very high risk)
MAS-CP (now trade at 0.07)
Ex : 0.28
Ration : 0.71
Expiry on : 18th Dec 2014

At current price :
710 share of mas-cp + 0.28 = (710 share X 0.07)+ 0.28 = 329.70
which giving premium of 329.70 - 310 (current price of MAS) = 19.7 or 6% (which consider low premiun given)

If you forecast Mas can hit RM 0.40 before expiry date 18th Dec.
The intrinsic value of MAS-CP (if Mas reach RM 0.40) will be :
(RM 400 - RM 280 (ex price))/ 0.71 (ratio) = RM 169
Profit will be RM 169 - RM 70 (current price of Mas-CP) = RM 99 or 141%

Mas-CP will provide will very high beta (gearing) against mother.
Which translate as high risk with high gain.
If Mas really reach 40c, than you will enjoy 141% of profit
but if Mas fall below 28c, than your total investment will be totally burn.

Good Luck..........