Latest Forum Topics / Chasen Last:0.076 -0.03 | Post Reply |
Chasen Hldg
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mooo000
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21-Nov-2011 17:27
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yea really lucky, esp when all the technicals of the chart is pointing up. guess no one can really guess in this mkt | ||
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New123
Elite |
21-Nov-2011 17:04
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Wow v lucky! Nowadays cannot any how anticipate that it will go up from here.. Very volatile mkt. Is better to stay away...
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mooo000
Member |
21-Nov-2011 16:44
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ya lo, today almost bought at 0.565 too, heng this one and the hartawan both rise den got huntump bad bad :(  |
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New123
Elite |
21-Nov-2011 16:35
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Drop like nothing tdy. Any reason why? | ||
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Gallen
Senior |
20-Nov-2011 22:53
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Just to add: Chasen Holdings will be a big beneficiary from relocation of Japanese businesses (in particular hi-tech) to other countries due to the strong yen. The Business Times Asia-Pacific News  Published November 17, 2011 Strong yen puts 'Made in Japan' brand on the line Big firms forced to consider shifting production abroad to secure profits (TOKYO) The 'Made in Japan' brand is at a crossroads as more firms face a tough choice over whether or not to move production overseas to escape the impact of the relentless rise of the yen, say analysts. According to the Ministry of Economy, Trade and Industry, some 46 per cent of large manufacturers it surveyed in August said they would move production bases abroad if the yen stays around 76 yen against the dollar for half a year. Currently near 77 yen to the greenback, the unit's strength risks causing the 'collapse' of the Japanese auto industry, Toyota executive vice president Satoshi Ozawa said last week. Toyota's first half net profit dived 72 per cent partially due to the impact of the strong currency. For the maker of the Prius hybrid, every one yen rise against the dollar can wipe tens of billions of yen from annual operating profit. In the year ended March, Toyota made around half of its cars in Japan, more than rival Nissan. The nation's biggest automaker, along with other Japanese giants such as Sony, Mazda, Honda and Canon all reported recent quarterly earnings that saw profits eroded by the impact of the strong yen and the March disasters. A strong Japanese currency hurts the nation's key export sector by making goods made in Japan less competitive abroad and cutting into repatriated overseas earnings. Prime Minister Yoshihiko Noda has spoken of his fear of industrial 'hollowing out' as companies threaten to take jobs overseas. Japan's efforts to intervene in markets to weaken the yen have had little lasting impact. 'Industrial hollowing is now more serious than in the past as Japanese firms are forced to move to secure profit,' said Takunori Kobayashi, an economist at Daiwa Institute of Research. For semiconductor foundry and data storage firm Elpida Memory, the shift of 40 per cent of the firm's production from its home in Japan to Taiwan is an imperative move as a high yen erodes profits. 'Under this currency situation, we have to carry out (the plan) no matter what,' president Yukio Sakamoto said recently when it announced a net loss of 56.7 billion yen (S$941 million) in the first half ending September. Recent supply shocks caused by the March earthquake and tsunami have only helped accelerate the process, say analysts. Wacom, holding more than 80 per cent of the global market for pen-input tablet devices, is setting up a parallel component production base in China after the March disaster triggered power shortages and crippled component supplies at home. 'We have to minimise risks of supply,' Wacom president Masahiko Yamada said. 'I'm aware of concerns about industrial hollowing, but national borders have already been disappearing,' he said. 'Staying here does not always benefit Japan. Should we put everything within the fence or should we go out and contribute to the country from outside? I will choose the latter.' Panasonic, which last month forecast its biggest annual loss in a decade because of a stronger yen, is moving its procurement operation to Singapore from Osaka. Yet other firms are reluctant to shift from an industrial system famed for its ability to produce high quality precision instruments and components crucial to everything from cars to screens for smartphones. Said Kazuma Sekiya, president of Disco, a Tokyo-based firm controlling 80 per cent of the global market for machines that grind and cut microchips: 'Even if we built factories overseas, we would have to bring almost all the parts from Japan.' - AP |
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Gallen
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19-Nov-2011 16:36
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Technical Has broken out of rounding bottom formation over a span of around 80 weeks, smashing 50 cents resistance. Price target of at least SGD 70 cents. Strong support at 50 cents, cut loss below 50 cents. see chart for more details: http://imageshack.us/photo/my-images/249/chaseny.jpg/ Fundamental 1. Specialises in relocation services for high tech industries. a. Strong demand for relocation services due to rising wages in coastal cities in China and the desire for migrant workers to work closer to home provinces b. Strong growth in TFT LCD industry in China with potential imposition of import tariffs to boost domestic investment - this will encourage relocation of equipment from foreign competitors into China See article for more details: http://www.displaysearchblog.com/2011/08/will-china-increase-duties-on-lcd-tv-cells/ c. Thailand's flooding disaster may prompt relocation of consumer electronics manufacturers to countries such as China, Malaysia etc Pioneer's spokesman, Hiromitsu Kimura: " We acknowledge the need to consider diversifying investment inside Thailand and to other countries in the future." 2. Expansion of services for Technical and Engineering segment " provides parts fabrication and cleaning sales activities to institutions and research facilities in semiconductors, disk media, thin-film transistor LCD, pharmaceutical and backend packaging industry." " involved in construction projects of customers in the marine, property development, oil and gas and other energy-related industries." a. Low Weng Fatt, Managing Director: “Moving forward, we will focus our marketing efforts to grow our Technical & Engineering business particularly in China, where opportunities recently opened up for foreign contractors.” Exposure to wide range of industries will put it in good stead to bid for projects such as construction of property, petrochemical and power plants which are all in shortage in China. b. Will benefit from the booming oil & gas industry in Malaysia as a result of the country's Economic Transformation Plan. Won a contract for electrical and instrumentation works from an international oil major operating in Port Dickson, Malaysia which was expanding its lubricant manufacturing facility. 3. Niche logistics segment Provides artefact packaging and transportation for both domestic and international art exhibitions and cultural exchanges. Niche is in the provision of a digitisation scanning process that allows it to collate information on the relic pertaining to its history, the material composition and the weak points so that special reinforcements can be provided to protect it from damage during the packaging and transportation. The specialised non-contact packaging fabrication, which completely envelopes a relic to uniformly distribute the stresses that the relic may be subjected to, reduces the risk of damage due to point stresses. Chasen Sinology's CNC machine cutting of the packaging reduces the time of mould fabrication as compared to the previous manual method. Chasen Sinology also provides relics warehousing, handling, customs declaration and related consultancy services. |
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susan66
Master |
16-Oct-2011 15:15
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Recently I feel this is the best uptrend  counter, non-stop rally & close high last week at 0.49. Obvious support when market pulls back, don't need to worry much compared to the rest, so far still breaking previous high.    | ||
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susan66
Master |
30-Sep-2011 18:25
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When everything drop like crazy, this one quietly move from 0.385 to 0.43, still can close high! | ||
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bsiong
Supreme |
20-Apr-2011 10:51
Yells: "The Greatest Wealth is Health" |
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Chasen Holdings Limited  announced that its wholly-owned subsidiary, Towards Green Sdn Bhd, bagged an engineering project management contract worth RM5.13 million (equivalent to S$2.13 million) in Malaysia 10 April 2011. (Closing price: $0.320) |
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