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The early breakout this morning!
http://stockmarketmindgames.blogspot.sg/2013/02/statschp-morning-breakout.html
Slight gap up... Good sign!
Will see 50-60 level next week..
I believed the downside for STATChP should be over as of today. A rebound is imminent. Watch it.
Yup it's 2007 when the takeover was attempted..
Also some interesting history how Stats and Chip PAC merged:
http://connection.ebscohost.com/c/articles/24349359/stats-chippac-offered-1-6b-majority-stake
Also some interesting history how Stats and Chip PAC merged:
http://connection.ebscohost.com/c/articles/24349359/stats-chippac-offered-1-6b-majority-stake
Bro, some times wrong info can kill.
Article from: AFX Asia (Focus) | March 1, 2007 | Copyright
LOL.. slightly outdated.
Oops it seems temasek offered to take stats chip PAC private at $1.88 per share...
http://business.highbeam.com/437586/article-1G1-160002622/singapore-temasek-makes-takeover-bid-stats-chippac
http://business.highbeam.com/437586/article-1G1-160002622/singapore-temasek-makes-takeover-bid-stats-chippac
http://www.edn.com/electronics-news/4314441/Private-equity-firm-falls-short-in-attempted-STATS-ChipPAC-takeover
I understand there was an offer for Stas chip PAC at $1.20 some time ago... Temasek rejected that offer. No deal... This time if someone offer $1 Temasek will accept.
The article is about the giddy days of Hong Kong tycoons.I saw that in A1 news too.
Lol.The news got distorted somehow.Some forummer also commented that the title " Hong kong tycoons eyeing to buy up GIC and Temasek companies above market price " was misleading too.
Nevertheless,thanks for sharing.
It's Cna forum:
http://forum.channelnewsasia.com/showthread.php?426518-Hong-kong-tycoons-eyeing-to-buy-up-GIC-and-Temasek-companies-above-market-price
http://forum.channelnewsasia.com/showthread.php?426518-Hong-kong-tycoons-eyeing-to-buy-up-GIC-and-Temasek-companies-above-market-price
Read it in punters gallery - I will try search for it!
any link to this pcs of info?
Listing ( Date: 14-Feb-2013 18:21) Posted:
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There was talk of some HKG big investors looking to buy over Temasek companies!
The counter looks weak and have no catalyst to move up unless like what you said is happening.
Otherwise it could be sliding down to 35-38c band.
Listing ( Date: 14-Feb-2013 17:53) Posted:
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Takeover news will bring it to 50-60 level like Jb foods!!!
Good support at 43-45... Uptrend still intact tested 53 will test and break 53 next!
Yup. Plus this counter on the up trend all these while. Only during the day results release it got short down. Now it should go up as normal again.
Bintang ( Date: 04-Feb-2013 07:56) Posted:
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There was a gap at $0.45 which would support the uptrend , n here maybe a good buying opportunity .
terencee ( Date: 04-Feb-2013 00:24) Posted:
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This is it.. Tml earn money or not depends on STI already!