
Chartered SC turned more upbeat on Q2 revenue. Vested. Hope for the best. Cheers.
Haha this is very common lah, cheers. Anyway, just take the analyst article as reference. Remember to do homewk b4 vest on your preference stock also.
Btw, in actual i do not rate Chartered well.
My point of view, no offence to the investor here.
AnthonyTan ( Date: 12-Jun-2009 12:25) Posted:
|
Thank you...
10 shares are consolidated to 1 shares. Thus you sold at $0.13 in the past = the $1.30 now after consolidation. Today price at $2.4 = $0.24 in the past. Hmmm... you just lost a bit, not 10 folds.
This counter used to worth 1 share $0.13 (Bought at $0.45 and sold at $0.13), since when it has gone up to present value..?? and why???
kim
Started moving up again.Good luck to those vested. Cheers
I wonder how many schools of thought are ther in Spore. Most likely
if u ask 10 analyst, u may have 10 different views. One placing a fair
value 0f $0.80 and a Sell call. The other has a TP $3.50 and a Buy call.
This is between Heaven and Hell. Hahaha Cheers.
News don't look positive for this baby leh.......
I think the consolidation provide bigger bandwidth for the fall...... my point of view.
Chartered Semiconductor: Revising revenue guidance upwards
Summary: Chartered Semiconductor today revised its revenue guidance upwards on the back of an incremental improvement in business, although it came mainly from its mature technologies. 2Q09 revenue is now expected to come around US$338-348m (previous guidance: US$321-333m), while its net loss to narrow to US$45-53m (previously US$54-64m). Utilization rate expectation, likewise, is raised to 59-63% from 55-61% as guided previously. We think this development, though widely anticipated, is a positive sign for a possible earlier-than-expected breakeven in Chartered’s profitability and may herald a sooner-than-expected a recovery in the semiconductor industry. As such, we are now placing our fair value of S$0.80 (adjusted for share consolidation) and SELL rating under review as we revise our forecasts accordingly. (Kevin Tan)
FYI -DBS Group Research Equity 9 June 2009
Chartered SC should find interest after Texas Instruments (TI) raised
its revenue target from USD 2.3 - 2.5 bil from USD 1.95 - 2.4 bil for
2Q. TI also raised its EPS to 14 - 22 cts from 1 - 15 cys. Shares of
TI gained 5% after-hour trade. We expect Chartered to give a mid-quarter
update by this Friday. DBS Research believe that the recovery in the
semiconductor is on-tract. DBSV Research has a Buy with a target price
of $3.50 based on a mid-cycle valuation of 1.3x P/B for the stock.
You sure you see the news???? Mid-Q guidance..
By Q2 TSMC and UMC are in the black already, whereas CSM is still bleeding RED.......ha...ha...ha
Nothing special about the news........ Don't understand why the surge in price.
According to my remiser,transaction type x is a married deal.Still going up, cheers to those vested.
Notice 113,000 and another 330,000 done at $2.25, neither buy/sell but type x.
What does it mean? Thanks.
Rumours........starting Fab8.
Chartered SC start moving up. What's brewing? Cheers
Mid-Quarter Guidance.......I guess
What are the cool news this Fri? Please enlighten, tks.
Expecting some cool news this Fri