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Chartered : $1.05, is it a good entry point?
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equator2010
Senior |
09-Jan-2009 11:02
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Coorect me if I'm wrong: I wanted to short this "bar-ger" (which I notice is a term commonly used her) - because say I: - short this bar-ger at 0.33 today with 20,000 deal concluded , price shoots up to $1 per 20,000 shares on Monday (or after suspended). Big big loss = (1-0.33) x 20, 000 = $$$ 13,400.00...I think my eyeballs would drop. No angbaos to give for 5 years liao. Is this a possible scenario? |
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mmchiu
Member |
08-Jan-2009 18:04
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thanks for the news update. Like this, it will profit taking tomorrow. Usually company always decline to comment, but a few days later the share will be halt for trading for the news announcement, who know? Trade cautiously, follow the volume and price move. |
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ticklish8
Senior |
08-Jan-2009 17:45
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updated story. Jan. 8 (Bloomberg) – Chartered Semiconductor Manufacturing Ltd., the world’s third-largest made-to-order chipmaker, surged the most in nine years in
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jackjames
Elite |
08-Jan-2009 17:27
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wow... so fast, the Big Boy take action already? ha ha.. not a surprise that it would be a takeover target.. wonder who is still holding at 0.18 .... ha ha... so, don't underestimate this salt fish, ha ha.. almost 10 cents jump from 20 cents today, that's like 50% in one day, beautiful lei.. |
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crimson
Senior |
08-Jan-2009 16:31
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Short Arh!!!
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ticklish8
Senior |
08-Jan-2009 16:11
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Jan. 8 (Bloomberg) – Chartered Semiconductor Manufacturing Ltd., the world’s third-largest made-to-order chipmaker, jumped to a two-month high in Singapore trading on speculation it may be a takeover target. Chartered rose 4 cents, or 19 percent, to 25 Singapore cents, as of 11:25 a.m., its highest level since Nov. 5. It was the biggest gainer on the FTSE Straits Times All Share Index, which fell 1.8 percent. “It’s the old takeover rumors at play,” said Tan Ai Teng, an analyst at DBS Group Holdings Ltd. in Singapore who rates Chartered “hold.” “Operationally, nothing has changed for Chartered. Visibility for the company and industry is still very, very poor.” Chartered declined to comment on “market speculation” and isn’t aware of a reason for its share surge, Singapore-based spokeswoman Celestine Lim said. –Editors: Alan Soughley, James Unwin To contact the reporter on this story: Andrea Tan in Singapore at +65-6212-1325 or atan17@bloomberg.net To contact the editor responsible for this story: Young-Sam Cho at +82-2-3702-1639 or ycho2@bloomberg.net. -0- Jan/08/2009 04:08 GMT 01-07-09 2308EST
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AK_Francis
Supreme |
08-Jan-2009 12:02
Yells: "Happy go lucky, cheers." |
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1H08 pre-tax -2.5m n 3qtr -16m. Despite 30.6% renenue rise 3qtr profit plunged 77.6% on lower selling prices, higher cost per wafer resulting fr a richer mix in pdtn levels n increased operating expenses. Though retrenchment could reduce opt expenses, but future biz remain gloomy, as global recession intensify. Its last FY mtg was 1 Feb 08. It will like announce its report card ds mth. If u believe its just a bear trap, then no worry liao. |
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crimson
Senior |
08-Jan-2009 11:45
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From the volumn traded, seems like BBs playing it up...
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mmchiu
Member |
08-Jan-2009 10:30
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Share price suddenly up so much, anybody know the news behind? | ||||
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jackjames
Elite |
22-Dec-2008 09:49
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i didn't mean buying this Chartered stock, sorry for misunderstanding.. i mean, buying any good stocks now can cover his chartered losses.
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Livermore
Master |
22-Dec-2008 09:21
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Remember when the stock dropped below $1, below 60c etc, etc and quite a few wanted to buy. I kept saying don't buy | ||||
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Livermore
Master |
22-Dec-2008 08:58
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Don't buy this at all. Buy this now can recover the loss in 5 years? I don't think that is possible
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jackjames
Elite |
22-Dec-2008 08:45
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wow.. welcome back... I think buy now can easily overcome your past years loss in 5 years time easily.
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tchekchuan
Member |
22-Dec-2008 00:35
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Dont really know the exact date but around that year if i remember correctly.. (the blow is too big until i live in denial that i never bought the share)haha... but surely more than 10 yrs. It is a pain to start all over again, ... i sold my car & wipe out all my hard earned savings during that year to settle my debts. i washed my hands on stocks and share in the golden bowl, until recently where i think i ought to make a comeback. Ha...
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AK_Francis
Supreme |
21-Dec-2008 18:25
Yells: "Happy go lucky, cheers." |
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It traded at 1.03 when STI was 3820 on 9 Oct 07. Then yr high was 1.62 n low at 99cts. It traded at 1.09 when STI was 3706 on 28 Sep 07. Then yr high was 1.12 n low at 1.05. 5.30 could be in 1993 when Clob n STI mad raced. Or there was split share. |
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singaporegal
Supreme |
21-Dec-2008 15:27
Yells: "Female TA nut" |
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My sympathies to you. You must have been holding on to this counter for some time. Some years even? I can't remember when Chartered was $5.30.
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AK_Francis
Supreme |
20-Dec-2008 18:49
Yells: "Happy go lucky, cheers." |
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D deficit is quite substantial. Look like u are the fan of investors believing " Down hold, up Sell". Under current market sentiment, d trick is more or less obsolete liao. But nonetheless, ds is not end of the world, if u can wait, if now u are still not that old. As our top brass claimed that seeing profit 5-30 yrs later still ok ones. Hence, relax n jangan tension loh. Cheers.
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tchekchuan
Member |
20-Dec-2008 18:13
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This is my savings and insurance premium. It is a pain to sell them off, so decided to keep, but who knows this bugger never buck up. Nothing to be proud off.. But to share with u my experience.
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tanglinboy
Elite |
20-Dec-2008 15:16
Yells: "hello!" |
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Wow... you are very rich... 24 lots at 5.30 = S$127,200
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dcang84
Veteran |
19-Dec-2008 23:02
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You are absolutely RIGHT!!!!
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