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good to know that someone also shares my view. In fact I think the tech sector will go up this yr. So far Chartered has been rising, but cos like Stats & Utac hv been slow to rise, even though more biz for chipmakers translate into more biz for chip testers (ie Stats & Utac).
Yes I seeing UTAC going to $1 soon
hey s'poregal, how do u know it's going down? I think it'll rise to more than $1.
This one is downtrending.
new addition to sti trigger selling wave. :) better buy sti put warrant.
target price $1.20 by several analyst.
Company is making money and lots of cash. Can easily break $1.00 soon once
move to STI.
let's hope it'll go higher! been watching this stock for quite a while.
From their website - http://www.utacgroup.com/aboutus.html
United Test and Assembly Center Ltd ("UTAC") is a leading independent provider of test and assembly services for a wide range of semiconductor devices that include memory, mixed-signal/RF and logic integrated circuits. UTAC was ranked as the 8th largest independent provider of semiconductor test in 2004 by Gartner Dataquest.
i never heard of them actually until now... haha..
Taking over Great Eastern as one of the component stocks of the STI. Going to breach $1 soon!!! :)