Chartered   

CSM Q4 Results (26th Jan '07)

yeah. a positive correction is coming soon.

 

You posted in 'SPC' thread that you are interested in CSM, Giantlow??? If so, please be patient and wait for the expected correction soon ya.

 

almost 2million shares done last min at 1.27

hmm. gotta to watch this counter closely

 

Surprise dip today ..... Strange with Utac and StatschP closing up.

 

I still think it not the time to hold for long.

I basically rotating a few counters for short term profit regardless of up or down trend, as long the counter able to move a few bids within few days.

Of course, we may miss a bigger profit when the counter "cheong" after taking profit.

I traded F&N few rounds with profit but missed a bigger profit recently.

I took few rounds of profit for Jardine C&C despite the sell down.

Though Jurtec has been trading flat for many months, I also took profit by following the waves.

Now penny stocks are shaking like mad, I do take few counters for quick profit.

But to limit the risk and financial exposure, I hold 3 counters the most  at any time and prepare to hold if below cost.

Of course, index warrant still my main play. Just look at the wide swing of HSI and Nikkei in some days, high risk but big profit. If it turns against you, just pay up and wait for it to recover.

Good luck!

 

wah wah. 1,967,000 shares done at $1.27

i wonder who has so much money to buy so many shares???

comments anyone?

Time	Last	Vol
17:05:23	1.27	1967000
16:59:36	1.27	10000
16:58:17	1.27	113000

 

yo yo yo sister low,

market is picking up today, hope its good for u too.

have a wonderful trading day

 

Hi  Giantlow,   same surname as yours.   Teochew Clan hor!   Another sad story to share with you.   Bought  STATS  at   $5.00 plus few years back  -  wow,  diahrrhoea liao.   IPO  was   $3.30 and went up to  more than  $9.00.  It dropped to almost  $5.00.  thought GOOD  Buy.  Kena  backfired!  That's why never catch a falling knife.  Learn a very expensive lesson

 

billywows, my views concur with yours.

CSM has potential to recover. cheers!

 

Change of mind .... Will stay vested in CSM and StatschP on a longer term. 

Going to hang on and ride out the coming HUGE correction like "The Perfect Storm" movie. But, unlike the movie, I will survive cos this will be a Tech Rally year! HeeHee!

Trade with care ya.

 

Samsung Electronics returns to form with Q4 results

http://sg.biz.yahoo.com/070112/1/45x91.html



Next week, US tech giants reporting too:

a)  Intel's Q4 - 16th Jan

b) Apple's Q1 - 17th Jan

c) IBM's Q4 - 18th Jan

 

Just for info, there were times when CSM's listing in SGX led Nasdaq later at nite.

But now, the table has turned the other way round: Nasdaq's last closing is leading CSM the next day in SGX ....

Beware that the table might reverse again ya.

 

maxyn,
SA is Sentiment Analysis.
but kinda strange. i thot your 6 bid prediction wasnt from previous Nasdaq close. nasdaq followed the down SGX....anyway, maybe i just got confused.

good play / strategy you have....are you full time player?

 

agree with maxsyn , CSM may accumulate on weaknesses (i.e. personal experiences acumulating when px is S$1.18 - 1.23 range) & offload with 5 - 6 bids up... awaiting their coming (disappointing?) 4Q result in Jan' 07...

 

Fortune cycle had turned on CSM. CSM is now turning quarterly profit compared to the downturn of the chip industry in the past. To keep CSM is worthwhile consideration for long term as expected the stock price go up throughout the year 2007. With so many projects on the pipeline, CSM can deliver good results.

 

What is SA? situation awareness?

My prediction was based on previous day price and DOW performance.

Trading Chartered could give you quick profit but not to keep for long term at this moment.

My play is take 25 lots when weakness and dump when up 4 bids. The 5 lots gain pay for commission and 20 lots for profit. Holding normally not more than 3 weeks.

 

By the way, CSM always dip after they report their earning! Haahaa ....

 

CSM closed up 4.5% in Nasdaq last nite to 8.45. It should trade between 1.30 - 1.32 on Monday ... Q4 earning in 2 weeks time. Shiok!

 

maxyn,
you are a TA or FA or SA like me? how'd you predict a 6 bid up?
care to share?

 

Clap ! Clap ! Clap ! Good close at Nasdaq at 1.30.