Chartered   

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

well said.. maybe windows 2010 will boost them a little bit? heee..

shut down? Temasek needs face one lei... they will die die make the business run..

dcang84      ( Date: 02-Dec-2008 20:08) Posted: They'd only seek delisting if they are damn profitable and they dun need equity funding. In good times this sucker loses quite a fair bit. In bad times it loses even more. There were rumours that the major shareholder was looking to offload this baby but seriously which buyer would be crazy enough to takeover and at a time like this. For CSM, I think they will lose less if they just shut down. 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 !!

 

They'd only seek delisting if they are damn profitable and they dun need equity funding. In good times this sucker loses quite a fair bit. In bad times it loses even more. There were rumours that the major shareholder was looking to offload this baby but seriously which buyer would be crazy enough to takeover and at a time like this.

For CSM, I think they will lose less if they just shut down.

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 !!

 

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 !!

 

Too bad, it losses global competitive advantages perhaps! Still wondering either to cut huge paper losses or not?

 

Dun be surprise if they decide to cut their losses. They been bleeding profusely for as long as I can remember. On periods where they did make money, the amount was paltry by industry standards and it wasn't enough to attract investors attention. The industry isn't turning up anytime soon judging by TSMC and Intels recent report. Barring divine intervention, I'd say this counter is going to the dogs.

 

jackjames      ( Date: 02-Dec-2008 06:42) Posted: but this baby got Temasek inside, they won't die.. moneytalk.sg      ( Date: 01-Dec-2008 23:33) Posted: Chartered is similar to Creative and Osim. I hope you get what i mean.    Blogging at www.moneytalk.sg on the stock market, ETF and anything to do with money.

 

Yeah the company might not die but one may not neccesarily make a lot buying it

jackjames      ( Date: 02-Dec-2008 06:42) Posted: but this baby got Temasek inside, they won't die.. moneytalk.sg      ( Date: 01-Dec-2008 23:33) Posted: Chartered is similar to Creative and Osim. I hope you get what i mean.    Blogging at www.moneytalk.sg on the stock market, ETF and anything to do with money.

 

but this baby got Temasek inside, they won't die..

moneytalk.sg      ( Date: 01-Dec-2008 23:33) Posted: Chartered is similar to Creative and Osim. I hope you get what i mean.    Blogging at www.moneytalk.sg on the stock market, ETF and anything to do with money.

 

Chartered is similar to Creative and Osim. I hope you get what i mean. 

 

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

 

If drop to 10c I also won't buy

 

Bad. 

The 'osmosis effect' (of the meltdown) may be in progress...

Bailouts may not be the magic wand to right the bad economic situation, ie create economic growth...  

 

 

Any inside news on the semi conductor industry?

I heard that business in some of the semi-conductor companies will be very bad next year. Some have pay cut and forced leave on their workers.

What will be the impact on Chartered in 2009? 

 

Its the Intel effect.

idesa168      ( Date: 13-Nov-2008 23:04) Posted: Dropped 33% in overnight ADR trade. What's the reason I have yet to find out. But seems like all ADR dropped by huge percentage tonight. Tomorrow will see CHRT at 13-14cents.

 

I hope you won't come to this forum in January and say "Wow now $0.11 only.....super tempting man....just a matter of two months different." There will be a lot of people crying...hehehe!!!

I am like you really tempted to get into CHRT @22cents. But thinking of the world getting into recession, just get nervous to place any bet now. See next year is the world economy improves then look into stock mkt again.

winsontkl      ( Date: 14-Nov-2008 21:25) Posted: Wow now $0.22 only.....super tempting man....just a matter of two months different. winsontkl      ( Date: 11-Sep-2008 22:08) Posted: Wow 38 cents now....very tempting but outlook not very promising leh...

 

Wow now $0.22 only.....super tempting man....just a matter of two months different.

winsontkl      ( Date: 11-Sep-2008 22:08) Posted: Wow 38 cents now....very tempting but outlook not very promising leh...

 

No need to worry about share price, see it have enough cash hoard in the balance sheet to ride through the storm. After that then decide what price to lock in, after u are convince it is able it is able to give salaries, pay all the fixed expenses with little sales or no sales.

 

Dropped 33% in overnight ADR trade. What's the reason I have yet to find out. But seems like all ADR dropped by huge percentage tonight. Tomorrow will see CHRT at 13-14cents.

 

they already told you 3Q results - to be announced in end Oct will be in loss.. so, beware.

 

Wow 38 cents now....very tempting but outlook not very promising leh...

 

NAV: $0.8625

Rolling PE: 4.378

 

Anyone knows what is its NAV? If its price is close to NAV, it is a good buy as risk is limited. Wow, dropped a lot. How much can it go from here?? Quite low already. Don't tell me with so much big machinaries, investments, this company is worthless?? Doesn't make sense. Anyone comments?

However, TA MA crossover is still down. I'll wait for at least the 5-day average to bottom out.