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

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jackjames
    19-Dec-2008 22:45  
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if you read the news in this week, there are news saying at this current price, many people eyeing to takeover or acquire the company, simply because it is too cheap...

well, so if that happens, nothing new to us.. because we all know this is the trick BB use... so, if you buy at $10 or $5 dollars, too bad... you will be eaten.



jackjames      ( Date: 02-Dec-2008 15:12) Posted:



do you know what they will do ? they will press the price all the way to dirt cheap price say 0.03....(come on 0.19 is really cheap liao)...

 and they will keep collecting, and one day telling you, they want to delist this counter, give you 100% of current market say 0.06.

 if a dead counter is hopeless, delist is one way.. but, electronic industry also a cycle... but obviously next year is not a cycle to go up... perhaps 2010? i don't know too.. i am not in semiconductor, but i do know people are tightening the belts, will not simply buy electronic products.. save money !!

 
 
rabbitfoot
    19-Dec-2008 20:17  
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This ship seriously needs a capable captain to steer it . Surely the cost of all its fabs far outstretch the present value share price...
 
 
Hulumas
    19-Dec-2008 18:29  
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"Many many"  lots "Pei See" to tell you, I bought so far. No other way just hold another 10 years perhaps.

scotty      ( Date: 19-Dec-2008 16:57) Posted:

how many lots?

Hulumas      ( Date: 19-Dec-2008 15:56) Posted:

Don't you know how many lots I hold? Very sad..


 

 
scotty
    19-Dec-2008 16:57  
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how many lots?

Hulumas      ( Date: 19-Dec-2008 15:56) Posted:

Don't you know how many lots I hold? Very sad...

tanglinboy      ( Date: 19-Dec-2008 14:02) Posted:

No big deal... I know someone who bought Chartered at $16 after it IPO.


 
 
tchekchuan
    19-Dec-2008 16:19  
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I bought 24 lots at $5.30, now worthless... all my insurance premium and savign all flushing down chartered towel bowl.!!!!!!!!

Hulumas      ( Date: 19-Dec-2008 15:56) Posted:

Don't you know how many lots I hold? Very sad...

tanglinboy      ( Date: 19-Dec-2008 14:02) Posted:

No big deal... I know someone who bought Chartered at $16 after it IPO.


 
 
abc2xyz
    19-Dec-2008 16:06  
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My good friend bought at $6 thinking it was cheap, then as it fell, he averaged and averaged until it was about $1.00.  Then it fell to below and he had to subscribed to the rights (I think it was around 60 cts).  He invested at least $3 million on this cheap counter..
 

 
Hulumas
    19-Dec-2008 15:56  
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Don't you know how many lots I hold? Very sad...

tanglinboy      ( Date: 19-Dec-2008 14:02) Posted:

No big deal... I know someone who bought Chartered at $16 after it IPO.

 
 
tanglinboy
    19-Dec-2008 14:02  
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No big deal... I know someone who bought Chartered at $16 after it IPO.
 
 
Hulumas
    19-Dec-2008 14:00  
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So, Sgd. 0.10 could be possible then! Huh, so huge paper loss, which I bought avearge at Sgd. 0.92.

scotty      ( Date: 13-Dec-2008 11:41) Posted:



Newspaper says Chartered to see worst losses this quarter. 

Jia lat liao. 

 
 
AK_Francis
    19-Dec-2008 13:08  
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Frd semicon ind, told me may kena chop head liao, being a supervisor. Lately, no full week n OT. Really chialat.
 

 
scotty
    18-Dec-2008 15:09  
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My friends at other companies are now preparing for pay cut. 
 
 
Henry$$$
    14-Dec-2008 15:04  
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Don't buy anything that you don't understand its business model.
 
 
moneytalk.sg
    14-Dec-2008 13:38  
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I really hope it is the worst :D

 

Blogging at moneytalk.sg on the stock market, ETF and anything to do with money. 



scotty      ( Date: 14-Dec-2008 10:47) Posted:



Yah I know that. But this is the WORST news of all the bad news.

Hahaha. 

 
 
scotty
    14-Dec-2008 10:47  
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Yah I know that. But this is the WORST news of all the bad news.

Hahaha. 
 
 
moneytalk.sg
    13-Dec-2008 16:14  
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Well, when was the last time they reported good news ?

 

Blogging at moneytalk.sg on the stock market, ETF and anything to do with money. 



scotty      ( Date: 13-Dec-2008 11:41) Posted:



Newspaper says Chartered to see worst losses this quarter. 

Jia lat liao. 

 

 
Livermore
    13-Dec-2008 12:05  
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I should say "fortunately the industry is kept running or many will lose jobs in Singapore."

Livermore      ( Date: 13-Dec-2008 12:03) Posted:

Semiconductor industry will face tough years ahead. In good economic times in recent years, they are still struggling so what more in bad times. Unfortunately I think the industry will be keep running  as otherwise many in Singapore will lose jobs.

 
 
Livermore
    13-Dec-2008 12:03  
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Semiconductor industry will face tough years ahead. In good economic times in recent years, they are still struggling so what more in bad times. Unfortunately I think the industry will be keep running  as otherwise many in Singapore will lose jobs.
 
 
scotty
    13-Dec-2008 11:41  
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Newspaper says Chartered to see worst losses this quarter. 

Jia lat liao. 
 
 
TonyGan
    03-Dec-2008 10:42  
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mismatched profile for the ship captain,juz look at whole class company microsoft, apple , all r technical gurus steerer....sometimes good at massaging nos may not be gd.my personal view
 
 
moneytalk.sg
    03-Dec-2008 01:21  
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Chartered is a really unprofitable company. When times are good, their profits are not as competitive as their competitors. When times are bad, they struggle to keep themselves afloat. This counter has been wiping out shareholders' value year after year. With the economic outlook being so bad, it is likely to have a impact on their financials.

 

Blogging at moneytalk.sg on the stock market, ETF and anything to do with money. 
 
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