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It fell as much as 6.1% in a broadly weaker market to $1.39 as UOB downgraded its rating to "hold" from "buy" on negative impact from slowdown at AMD
UOBKH analyst Jonathan Koh said in a client note that AMD warned of lower revenues for first quarter of 2007 as it loses market share.
The bid for Stats really caught everyone by surprise.
I just wonder what will happen to Chartered.
TA show it will go up but now not the right time to accumulation.
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Stillthesamecall :) ..."MOTHER OF ALL ELEPHANTS" in Singapore should be brewing "MILK" for investor soon within 1-6 months...buy and hold Posted: 26-Jan-2007 23:59 | |
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time for chartered to move on to $2 by end of year at least...time to keep and hold for mid-term 1-6 months...good luck :) |
Chartered is on its next wave up now, targetting $2.
Making Nokia chips for Infeneon in 2nd half of 2007 will surely be a big boost, bigger than last year XBox......
charts say up, with strong buying. fibo giving target of 1.76.
note csm very volatile tho, esp to intraday trends.
Since CSM makes chips for Xbox, this is negative news.
Nintendo Wii has soared past Xbox 360 in sales and opened a huge lead over Sony's premium-price rival, PS3. Merrill Lynch pedicts that by 2011, a third of all Japanese households and almost 30% of all US households.
In the US, 436,000 Wii units were sold last month against 294,000 for Xbox.
CSM has forecasted lower earnings for Q1 '07 to be out in April. That's why I cashed out at 1.52 this Tuesday. Ahhhhhh ..... should have waited till today! HeeHee!
Cash out my StatschP at 1.34 on Tuesday too .... Double "Ahhhhh"!
Trade with care ya!
$1.50 I do not think so ..........will go down below STATCHIP price..... STATCHIP will then be up to $2 soon by Jun 07....
Mark my word.......
Dun think so .... likely it will start to drop next monday. 1.59 is already max before the rolling coster start to come down ...
Things are looking up ! 1.60 met. Expect it to reach 2.50 this Sep '07.
Expect Chartered to break 1.60 soon and past $2 mark by June '07 with good news aplenty.
Once it breaks 1.50, it will go another wave up....very shiok !
How's its business actually?
I work around Woodlands area and sometimes see Chartered people at Causeway point for lunch (they were wearing the CSM lanyard). They look pretty happy....
I work around Woodlands area and sometimes see Chartered people at Causeway point for lunch (they were wearing the CSM lanyard). They look pretty happy....
csm. only three words: bleep bleep bleep.
i'm taking it off my list of TA-able stocks. not worth the risk for me. indicators appear to have become recently desensitised to this guy...
Chartered's charts show it's probably on a short term downtrend now. I bolded that word because Chartered is one stock that's really volatile...
Chartered on another wave up after recent consolidation.
Chartered main beneficiary of corporate tax cut.
Making Nokia chips for Infineon's will be a real boost.
Tech issues close off as Micron hits chip shares
By John Letzing, MarketWatch
Last Update: 5:42 PM ET Feb 9, 2007
concur with singaporegal...crazy stock man. not worth the risk. for me at least. haha.
From Marketwatch:
J.P. Morgan raised its rating of the U.S. semiconductor sector to bullish from cautious. The investment bank said several of the industry's leading indicators are bottoming out and should begin to improve in the second quarter.