asia pacific equity research 05 october 2005 jose m linares cfa 852 2800 8588 jpmorgan com see page 57 for analyst certification and important disclosures including investment banking relationships does seeks to do business with companies covered in its reports as a result investors should be aware that the firm may have conflict of interest could affect objectivity this report consider only single factor making their decision customers united states can receive independent third party on company or at no cost them where such is available access www morganmarkets call 1 800 477 0406 toll free request copy top stories astra international ow indonesia emergence value fordyanto widjaja minimal impact from rate hikes potential increase dps 38 discount nav make investing very attractive proposition our view we expect 62 rise share price over next 12 months 5 year weekly