Post Reply
1-17 of 17
No worry. This is speculative trading mainly for short term trader whereby they trade to live a day. Look at a price level - just over 1.32 level comparatively to the overall STI level had risen in the past months. Then look at the price of STAT - they say it would fall but it still above Chartered price level. Look at long term - it will recover to SGD2.00 in a quick and shortest time you cannot think possible, There are so many positive news on Chartered entering agreement with other companies on technology alliances and expansion of their production. Be patient and have faith. If you have money, accumluated at the bottom level.
Problem is chartered is dipping all the way.
still patiently waiting :)....buy on dip and not for contra...good luck
I don't see anything interesting for this counter leh..... you got lobang?
buy on dip...something will brew based on TA & FA within 5 weeks...good luck trading
still call for buy on dip on this counter...good luck trading :)
Actually I am more concerned on the fundamental; especially on the news of the Qualcomm chip ban and another lawsuit from Nokia.
http://www.247wallst.com/2007/06/nokia_nok_suit_.html
Anybody know how big is the order from qualcomm ?
what I am aware Qualcomm is one of the partner for the common platform that Chartered try to market. Samsung, Infineon are the other partner.
Any guru can advice on the magnitude of the order from qualcomm ?
this stock is superb volatile... but now the chart seems to be uptrend le.... maybe can hit $1.5 by this wk?
any gurus can comment?
one of our call for buy in second half of year...good luck
CSM will be moving towards $1.80 at least after 2 months
Hi ghlau935
Thanks for the report.
Wah piang... even if they make profit, their margins are so thin.....
|
||||||||
| SINGAPORE (XFN-ASIA) - Chartered Semiconductor Manufacturing Ltd has reaffirmed
its guidance for the second quarter, first announced in April. The chipmaker has said it expects sales in the current quarter to be in the range of 317.80 mln and 329.80 mln usd, while the bottomline may range between a net loss of 5 mln usd and profit of 5 mln. "The quarter is essentially progressing in line with what we had anticipated earlier, and therefore we are reiterating the guidance we originally provided in April," Chartered Semiconductor chief finance officer George Thomas said. Chartered plans to release its second-quarter results on July 27. (1 usd = 1.52 sgd) singapore@xfn.com jb/mas MMMM |
||||||||
stefano, certainly hope you're right....long over due...just hoping some big guns (from india perhaps) will buy into csm....this a company with an established infrastructure with potential for growth...but lack direction and leadership... previous management left this baby in a mess.. went away to create another mess...about time to change the captain and crew
ANOTHER TAKE OVER TARGET AFTER STATS CHIPPAC.
LOOKOUT!
buy and hold for 1-6 months...one of our 5 stock pick for this quarter...good luck and not for contra :)
If you apply the Elliot Wave theory from 27Feb to now on CSM chart, there should be 1 final leg of dip.
And this dip should fall below $1.21. But will not happen within these few days but probably mid of Jun.
still maintain a call for buy on dip...buy and hold for 1-6 months and not for contra...one of our top 5 buy share for this counter in second half year buy...good luck :)