Chartered   

Chartered : $1.05, is it a good entry point?

Sept 11, you have to thank me for chartered info if you make money, everyone knew chartered is not making money,even though this company is not making money, the share used to hover around 1.26 to 1.32, if it is not for the sub prime credit crunch news, this share will not drop to such a low level (52 wks @1.04).

 

I guess Pension have a lot of Chartered share in his hand.....

 

Not really. Semicon counter look bright in the coming year after so many year of sluggish sales. If you are a techie, you should know that technology cycles is on the way. It has been more than 5 years (Y2K) since last technology bubble burst, still remember? Accumulate when you have spare cash. Buy low sell high!

 

Semicon market outlook is sluggish in 4Q'07 and 1Q'08. 

 

 

Latest update, present trading result from Nasdaq.

NASDAQ 2687.36 16.14 0.6% | DJIA 13859.29 39.1 0.28% | S&P 1527.95 2.2 0.14%

CHRT	$ 7.16	0.12  1.7%	8,995	NASDAQ-GS
TSM	$ 10.35	0.10  0.98%	2,176,500	NYSE
SMI	$ 5.78	0.08  1.37%	48,900	NYSE
NSM	$ 26.83	0.40  1.51%	1,271,000	NYSE
IFX	$ 16.36	0.45  2.68%	451,800	NYSE
LSI	$ 6.94	0.15  2.21%	3,870,100	NYSE
FCS	$ 18.74	0.03  0.16%	209,700	NYSE
MOT	$ 18.14	0.25  1.4%	7,162,660	NYSE

 

future positive, this counter will cheong soon,.

 

buy volume is higher than sell volume, it will break 1.07 soon.

 

oredi break 1.06, trying for 1.07.

 

going to break 1.06 soon.

 

this babe is moving up today, stay tuned.

 

Last:

1.04

-0.02

Vol (K): 8184.0

Trading
Updated Time	21-Sep 17:05
Open	1.07	High	1.07	Low	1.04
Prev Close	1.06	Buy	-	Sell	-
Volume(K)	8184.0	Buy Vol(K)	-	Sell Vol(K)	-
52 Wk High	1.61	52 Wk Low	1.04	52 Wk Avg Vol	11354.842
All Time High	19.2	All Time Low	0.615
Comments	Near 52 wk low

 

The above data tell you a story about chartered. 52 weeks low is 1.04. The nasdaq and sti had recovered agressively, this counter will be recovering next week. If you believe in above data buy.

 

will not consider this counter unless it is < $1.

 

this counter is approved under cpf investment scheme.

 

 

For those vested, those who buy 1.05 last friday, I think you can make some kopi money on monday, if you make a lot and if you are kind donate some money to renci chinese hospital.

NASDAQ 2671.22  16.93  0.64% 

CHRT	$ 7.04	0.02  0.28%	34,186	NASDAQ-GS
TSM	$ 10.25	0.17  1.69%	9,325,700	NYSE
SMI	$ 5.86	unch	139,800	NYSE
NSM	$ 26.43	0.14  0.53%	3,427,900	NYSE
IFX	$ 16.81	0.21  1.27%	1,549,400	NYSE
LSI	$ 6.79	unch	11,422,700	NYSE
FCS	$ 18.77	0.32  1.73%	1,120,900	NYSE
MOT	$ 17.89	0.07  0.39%	19,508,900	NYSE