In the money call warrants (Week 18)

As part of my once a month free analysis of in the money call warrants, here is the list of call warrants trading at a discount:

No	Call warrant	Discount rate (%)
1	Cliq WA	5.3
2	Crest Builder WB	4.2
3	IHH CV	7.6
4	Malaysian Building Society WA	4.8
5	Maxco CM	2.5
6	N2N WA *	4.8
7	Maybulk CT	4.1
8	Sunway C4	8
9	Thong Guan WA	7.3
10	YTL CM	6.1

Note that the N2N WA is an American styled call warrant which means it can be converted on any date up to expiry. The trading idea is to buy the warrant, convert to the money share and either collect the difference between acquisition cost and market value or hold it for more capital gains.