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NEW POSITIVE REVIEW OF SEMICON INDUSTRY
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singaporegal
Supreme |
16-Nov-2006 21:11
Yells: "Female TA nut" |
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Looks to be on uptrend now... wait a couple more days for trend to confirm |
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chew8888
Member |
16-Nov-2006 20:15
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Sandbox, Thanks for the encouragement. Today closed 0.755. If UTAC follows last year trend, it may reach $1.15 by next year May. It depends on the X'mas electronics sales next months. If the demand is there, and UTAC has the shares, the TA is still strong. Else it may fall again.. Now thinking whether to let go some first, and go in again when correction occurs... |
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sandbox
Senior |
16-Nov-2006 17:41
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Hi chew888, Looks like you didn't have to wait too long for it to break-even (plus small profit now). Q4 results will be good... Cheers. |
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jackjames
Elite |
16-Nov-2006 15:22
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I have 10 lots at 0.735.. will hold this until January, throw before Chinese new year, price I am looking at is 0.835 ... else.. just monitor until late Jan... |
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firebear
Member |
16-Nov-2006 12:11
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Any idea on TA here? price moving up with big vol not vested (miss out) |
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chew8888
Member |
13-Nov-2006 21:27
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Thanks. for the pointers, seems that I have chiong too fast...Probably have to wait for while to break-even at 73 cents. |
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dxxxxxxd
Member |
13-Nov-2006 21:01
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I think the semi-conductor market is improving caused by demand in Q4. However, factoring in the political situation in Thailand + the fact that they did not issue the bond because they have nothing else better to do, a further slide to 67 cts looks inevitable... |
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wait4opp
Veteran |
13-Nov-2006 20:14
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Going towards south liao..... Reaching my predicted price 64cents....support can be found around 63cents.... Avoid from now..... |
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chew8888
Member |
13-Nov-2006 19:36
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any idea is this counter going north and south? What is the ssupport level? |
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chew8888
Member |
06-Nov-2006 17:55
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The bond due many years back and sold at a premium, 30 cents above the current price. Don't think it will have immediate effects on the current price. |
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chew8888
Member |
06-Nov-2006 17:53
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The price stays somewhere around 0.705 to 0.72.. Unless there is really bad news, don't think it will go down to 0.64 level. If so, I will have to "average down"..... |
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wait4opp
Veteran |
02-Nov-2006 20:42
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From my experience, anyone call for bond issues, the stock prices will lao sai..... It is good for those who short..... Wait till it go down to 64cents.....then go in..... |
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dxxxxxxd
Member |
02-Nov-2006 19:27
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I'm not sure about exact details but do remember China Sun did issue some kind of bonds and dived... |
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kennylow
Member |
02-Nov-2006 10:59
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The technical chart does not look too good.. |
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sandbox
Senior |
02-Nov-2006 10:38
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Hi Nostradamus and the rest of the gurus, With UOBKH raising its target price, how is it that the price of this stock is taking such a beating? Does the issuing of bonds mean price will drop? Is this also a good time to accumulate? Thanks in advance for sharing. Cheers. |
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Nostradamus
Supreme |
28-Oct-2006 01:53
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UOB KayHian said it has raised its target price to $1.08 from $0.94 while keeping a "buy" call on the stock in view of the prospects for continued growth next year. It noted that UTAC's third-quarter results were in line with expectations. "There is continued strength in the memory and analogue businesses," UOB KayHian said in a note, pointing to increased DRAM content per PC with the upcoming launch of Windows Vista and UTAC Thailand's capacity expansion for its QFN (Quad Flat No Lead) solution in the fourth quarter. Nevertheless, UOB KayHian cut its net profit forecast for the current financial year ending December by 3.4% to US$73 mln. |
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Nostradamus
Supreme |
28-Oct-2006 01:43
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Citigroup has cut its earnings estimates by up to 7% to reflect lower margin assumptions after UTAC's third-quarter results showed depressed margins trimming its earnings. Citigroup said UTAC's net profit for the three months to September of US17.15 mln and gross margin of 22.6% were below its estimates. Net income rose 62.9% from US$10.53 mln in the third quarter of 2005. "Results reaffirm our thesis that margins, not sales is key to earnings surprise as margins were below expectations," Citigroup said in a note. Citigroup said it is sticking to its "hold" rating on the stock with a target of $0.85 and recommends switching to other technology stocks Datacraft Asia or Chartered Semiconductor. |
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allantanhc
Veteran |
27-Oct-2006 22:55
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It is not the absolute number that matters. Market has certain expectation. In this case, 63% is short of market's expectation. For example, CIMB expected 69%. Whether one should continue to hold depends on his assessment of this company's prospects vis-a-vis other investment opportunities. At the end of the day, it all boils down to opportunity cost. For me, I don't think I will look at this counter for the time being. Others may think differently. |
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knightrider
Elite |
27-Oct-2006 17:13
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Hey, Hey, Just received this report ! Now I am confused, in the news stated that their revenues increase but profit decrease. Now stated that 3Q06 Net Profit jumps 63%. So I also do not know is this a right time to hold this stock liao ! |
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allantanhc
Veteran |
27-Oct-2006 12:41
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I think can forget about this counter for the time being. May be better to switch t Global Testing. |
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