ShareJunction - Stock Forum Messages %%%:

Back

First < Newer 41-60 of 105 Older> Last

Latest Forum Topics / Chartered

Post Reply

Chartered after Rights

pcchan5a
Member

02-Apr-2009 15:39

pcchan5a About Contact Quote this Post!

x 0
x 0

Alert Admin

The industry has no place for second placed runners. Chartered must re-invent itself and quickly, too. Altho hi-risk, it must go into projects with major customers for low energy consuming yet hi-performing products such as 3G mobile phones. Market Cap is way too low for a world-class company outfitted with 5 fabs that has not yet even warmed up to its full potential.

Useful To Me Not Useful To Me

senecus
Veteran

01-Apr-2009 19:25

senecus About Contact Quote this Post! Style: Flexible Mood:

Yells: "Market Fortune Telling - Senior MFT"

x 0
x 0

Alert Admin

Big plants...yet only worth tens of cents...if not for the strong T support...its about time for them to pack up...maybe should just follow the actions taken against GM...this will give them a wake up call to really think how to make the company profitable again.

Useful To Me Not Useful To Me

edwinders
Member

01-Apr-2009 12:48

edwinders About Contact Quote this Post!

x 0
x 0

Alert Admin

Totally agreed with you singaporegal. Chartered has been getting so much help from Government. No choice. Due to the fact that Big "T" has so many % ownership in it. Oh well, could see another multi bagger coming in the near future.

Useful To Me Not Useful To Me

singaporegal
Supreme

01-Apr-2009 11:24

singaporegal About Contact Quote this Post! Style: Technical Mood:

Yells: "Female TA nut"

x 0
x 0

Alert Admin

I would like to see this company stand on its own two feet without government support schemes.

edwinders ( Date: 31-Mar-2009 12:29) Posted:

Chartered sees 2009 payroll savings of US$10m from Jobs Credit Scheme

By ANGELA TAN
March 30, 2009, 5.58 pm (Singapore time)

Chartered Semiconductor Manufacturing said in its freshly released 2008 annual report that it expects an annual savings of US$10 million in payroll from the Singapore government's Jobs Credit Scheme.

On January 22, 2009, to encourage employers to preserve jobs and help Singaporeans stay employed, the Singapore government introduced the Jobs Credit Scheme in the 2009 Budget.

Employers will receive cash grants up to 12 per cent on the first Singapore $2,500 of the monthly wages of each employee on the Central Provident Fund payroll at the beginning of each period.

This Scheme is for 2009 and employers will receive payments on a quarterly basis in March, June, September and December.

Chartered sees 2009 capex around US$375m

By ANGELA TAN
March 30, 2009, 5.50 pm (Singapore time)

Chartered Semiconductor Manufacturing expects its capital expenditures for 2009 to be around US$375 million, compared to US$576 million in 2008, according to the chip-marker's 2008 annual report released on Monday.

Chartered said it expects to fund this through a combination of existing cash balance, cash flow from operations and use of credit facilities.

'Such expenditures will be primarily for increasing the capacity of our 65nm and below technologies,' the company said.

With the planned capital expenditure, Fab 7 is expected to have equipment (installed or available for installation) that is equivalent to a capacity of 27,000 twelve-inch wafers per month by December 2009.

Useful To Me Not Useful To Me

edwinders
Member

31-Mar-2009 12:29

edwinders About Contact Quote this Post!

x 0
x 0

Alert Admin

Useful To Me Not Useful To Me

lordtan
Member

31-Mar-2009 08:15

lordtan About Contact Quote this Post! Style: Flexible Mood:

x 0
x 0

Alert Admin

Lost a fair bit on this counter. Looking at the current situation, not too wise to hold. Maybe after the right when it went further down, we can buy in. CFD players may just wack down looking at it.

Useful To Me Not Useful To Me

edwinders
Member

30-Mar-2009 23:10

edwinders About Contact Quote this Post!

x 0
x 0

Alert Admin

Yes, Chartered needs to bring back confidence into their investors rather than exercising their good PR skills. With the backing of T as well, who will ever think they would go wrong.

Hope they will perform well before the rights closure tomorrow 31st March 09. That will boost some confidence back into investors.

Good Luck To All Who Have Invested in Rights or Mother Shares

Useful To Me Not Useful To Me

Chua_01
Member

30-Mar-2009 19:50

Chua_01 About Contact Quote this Post!

x 0
x 0

Alert Admin

Senior, I agreed with you. Smiley

knightbridge ( Date: 30-Mar-2009 18:33) Posted:

Constantly hear that is will be a winner.. But when come to financial reporting tell another story...

Maybe the Taiwanese always under cut the price to get contracts.. Maybe should benchmark it with the Taiwanese, Chinese and US chipmaker to guage chartered performance... See whether they are up to the mark... Hi-tech companies must also make profit, cannot bleed and bleed and expect investor to pump more capital.. Got to show investor where is the money

rabbitfoot ( Date: 28-Mar-2009 16:15) Posted:

If you hear Charterd in SIA seminar today, this stock is a potential huge multi-bagger in 3 years time.

Useful To Me Not Useful To Me

knightbridge
Veteran

30-Mar-2009 18:33

knightbridge About Contact Quote this Post!

x 0
x 0

Alert Admin

Constantly hear that is will be a winner.. But when come to financial reporting tell another story...

rabbitfoot ( Date: 28-Mar-2009 16:15) Posted:

If you hear Charterd in SIA seminar today, this stock is a potential huge multi-bagger in 3 years time.

Useful To Me Not Useful To Me

edwinders
Member

30-Mar-2009 12:56

edwinders About Contact Quote this Post!

x 0
x 0

Alert Admin

Strong sell down of Chartered and it's Rights during lunch time at 12 to 12.30pm. Shortlists pushing down Chartered or Market is in play. Cautious to buyers and sellers of Chartered.

Good Luck to all who has invested.

Cheers

Useful To Me Not Useful To Me

garychang
Member

30-Mar-2009 09:38

garychang About Contact Quote this Post!

x 0
x 0

Alert Admin

I think you're entitled to the rights according to what it's said in this release:

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_D4C84AC4D204FD86482575740041891D/$file/RainbowPressReleaseFINALFINALshortsgx.pdf?openelement

"Ordinary shareholders will be entitled to the rights if they are shareholders as of 5.00pm on March 18, 2009 in Singapore,........."

You're already the shareholder on March 16 when you bought it no matter when you settled it. This's my opinion, please check with your broker.

cross567 ( Date: 28-Mar-2009 00:21) Posted:

i am using CPF to buy on 16th Mar and was settle at 19th Mar (full payment), am i entitle tothe rights?? can anyone advise

thank you very much....:)

Useful To Me Not Useful To Me

Chua_01
Member

28-Mar-2009 21:01

Chua_01 About Contact Quote this Post!

x 0
x 0

Alert Admin

Hi, Bro any websites can see or any idea this seminar breifly talk about about ? Thank

rabbitfoot ( Date: 28-Mar-2009 16:15) Posted:

If you hear Charterd in SIA seminar today, this stock is a potential huge multi-bagger in 3 years time.

Useful To Me Not Useful To Me

rabbitfoot
Veteran

28-Mar-2009 16:15

rabbitfoot About Contact Quote this Post!

x 0
x 0

Alert Admin

If you hear Charterd in SIA seminar today, this stock is a potential huge multi-bagger in 3 years time.

Useful To Me Not Useful To Me

Alligator
Veteran

28-Mar-2009 12:02

Alligator About Contact Quote this Post! Style: Combined
Yells: "learning from past "

x 0
x 0

Alert Admin

well, small shareholders, no matter how many of them , have no choice lah, dont believe? can just go attend EGM and vote against the consolidation, then see result yourself...it is a good experience to attend AGM or EGM to get to know how things run... the reason for the company to consolidate their shares were explained in their document, see post below...

Useful To Me Not Useful To Me

Chua_01
Member

28-Mar-2009 11:55

Chua_01 About Contact Quote this Post!

x 0
x 0

Alert Admin

Hi, Bro, if the consolidation approved, will the small shareholder like us benefit from there ? My worry is the the share price after consoliation go down again....

Alligator ( Date: 27-Mar-2009 08:22) Posted:

oinkoink1999,

do you mean that if after I purchased, say 10 lots of this counter and my average price is 0.115, it will become 1 lot of 1.15? No, share consolidation is not related to your average price. It is related the market price at the point of consolidation.

When will this take effect? Read the document, i copy and paste below. Time unknown yet, EGM shall be called and shareholder must approve. However, just think of who is the majority shareholder and remember one hand vote is all it takes.

Share Consolidation
Subsequent to the completion of the Rights Offering, Chartered proposes to seek shareholders’ approval at the EGM to consolidate the number of its Shares in issue (“Share Consolidation”) as at a books closure date to be determined on the basis that every ten existing Shares will be consolidated into one Share.

In accordance with Chartered’s articles of association, the Share Consolidation will become
effective only if, and after, it is approved by shareholders at the EGM. Accordingly, the Share
Consolidation will become effective only after the Rights Offering has been completed, and the Shares (directly or in the form of ADSs) offered pursuant to the Rights Offering are being offered on the basis of holdings of Shares prior to the Share Consolidation.
Chartered is proposing the Share Consolidation to help reduce certain fixed costs and volatility in the trading of the Company’s Shares on the SGX-ST, as well as to mitigate the risks of Chartered being delisted from Nasdaq on account of the trading price per ADS falling below US$1 over a sustained period of time.
Further details on the Share Consolidation will be set out in the proxy statement to be issued
accompanying the notice calling for the EGM.
Currently, each ADS is represented by ten Shares and Chartered intends to maintain this ratio after the Share Consolidation.

Useful To Me Not Useful To Me

Alligator
Veteran

28-Mar-2009 06:52

Alligator About Contact Quote this Post! Style: Combined
Yells: "learning from past "

x 0
x 0

Alert Admin

You bought on the day when share is traded EX-Rights. thus you are not entitled shareholder

cross567 ( Date: 28-Mar-2009 00:21) Posted:

i am using CPF to buy on 16th Mar and was settle at 19th Mar (full payment), am i entitle tothe rights?? can anyone advise

thank you very much....:)

Useful To Me Not Useful To Me

cross567
Member

28-Mar-2009 00:21

cross567 About Contact Quote this Post! Style: Fundamental Mood:

x 0
x 0

Alert Admin

i am using CPF to buy on 16th Mar and was settle at 19th Mar (full payment), am i entitle tothe rights?? can anyone advise

thank you very much....:)

Useful To Me Not Useful To Me

knightbridge
Veteran

27-Mar-2009 19:13

knightbridge About Contact Quote this Post!

x 0
x 0

Alert Admin

I find this counter got alot of investor believing in its future.. or it is a false hope... Looking at the earning track record... seem to tell another story after so many years of bad results.. Cannot seem to beat investor expectation...

But i find the PR of Chartered has done a very good job.. Constantly in the investor limelight...

Maybe should bring in some taiwanese management in chartered.. They seem to be able generate profit much better, instead of the fame and limelight...

My view only...

Useful To Me Not Useful To Me

rabbitfoot
Veteran

27-Mar-2009 09:51

rabbitfoot About Contact Quote this Post!

x 0
x 0

Alert Admin

Wow ! Report said Chip prices are spiking, boosting Chartered today.......

Useful To Me Not Useful To Me

rabbitfoot
Veteran

27-Mar-2009 09:05

rabbitfoot About Contact Quote this Post!

x 0
x 0

Alert Admin

For Chartered rights, even if you apply for lots of excess, you'ld probably won't get it, only just to round-up yours. For Capitaland, it's really generous to small investors as for 500 rights, you can get 1500 more.

Useful To Me Not Useful To Me

First < Newer 41-60 of 105 Older> Last

ShareJunction Version: 27 Nov 2020 ver- All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.