
from what i observe, normally GT has more sellers than buyers but from the past 3 days, buyers outnuber sellers on Q. Hope this is a sign that weak holders bailed out!
the only disappointment i get is no dividends lah! anyway, tech stocks dont give out dividends except for creative.
this counter has been trading at tight range for some time already. Hope it can really cheong this time round and dont disappoint those vested again. Other tech stocks like chartered and stats have already moved so much.... sigh....
Actually i just asking can short or not cause i think result really disappointing. Me vested in this counter too
ok on a serious note, GT will at most drop to 24.5c. if you want to short, you can try 25,5c for 20lots or more and then buy back at 24.5c. Shorting is always risky. my experience is 3/10 times you will make money. Hope u think it over carefully.
haha orh....
kk thank chipchip66
though i hope it move up wor...vested mah..
Hi chipchip i don't think q at 28 people will to buy . i tink 0.25 is a good sell tomolo
i didnt say it will drop. I said it will move up. I only aldvised excalibre that if he is so sure it will drop, he can try shorting the price at 28c!
Q @28cents to short? how u know it will drop?
0.23 - 0.26 is the magic number. Dont lose sight on it for now. Invalid if price break 0.26. :p
Yes, Q at 28c tonite !
Any advice on shorting this counter?? Have feeling it will drop like a bomb tomolo
Any advice on shorting this counter?? Have feeling it will drop like a bomb tomolo
unless one is prepared to hold long term, my advice is to go for trading buy/sell as 1st quarter outlook doesn't look good.
Same for me, let go STAT at $1.25 and jump into G T at $.25. Long way to go before I can have some coffee money !!
Yes Novocaine, me vested. I let go my Stats shares too fast. For this I will hold till price move past 33c!.
Company expects demand and recovery to commence late first quarter and 2nd quarter onwards..looks good..price still below book value compared to the rest..:)
Outlook
Amidst the ongoing semiconductor inventory correction, the Group expects market
demand for consumer and communication sectors to remain weak in the current
quarter as customers are still adjusting their inventory situation.
Therefore, in terms of guidance for the first quarter of 2007, the Group expects to post
a decline in revenue by approximately 18% to 22% over the fourth quarter of 2006,
mainly due to the weak market demand and the shorter work days as a result of the
Chinese New Year holidays with a majority of the Group?s clients closed for a period
of 9 to 13 days during this festive season in Taiwan.
However, the Group expects the excess inventory to be digested in 1Q2007 and the
semiconductor industry to begin its recovery in 2Q2007. In addition, the Group?s move
to broaden its scope of services from the consumer and communication segments to
include the PC segment will enable it to leverage on the strengthening market
demand from these segments.
Mr Yang concluded: ?We expect chip testing demand for PC-related chips such as
graphic chips to recover by the early part of 2Q2007. Hence, we will invest more
resources into the PC sector. We intend to first enter the Graphic Chips segment.
Since more PC related chips adopt Design for Testability (DFT) technology, our foray
into the Graphic Chips segment will enable us to apply our existing tester
configuration for the testing of graphic chips. In addition, orders for testing of new
consumer and communication chips are also expected to pick up in the later part of
1Q2007, with the production volume ramping up in the second quarter of 2007.
Looking ahead, we are optimistic about our prospects as the market demand outlook
for certain consumer and PC sectors should remain strong this year. We expect the
demand for gaming chips and digital TV chips to continue to drive our growth. The
recent launch of Microsoft Vista is expected to drive the demand for PC-related chips,
translating to increasing orders.?
Global testing made US18.6million for FY2006. Gearing has dropped from 9 to 5.4%. Should see some action tomolo liao!!!