ASX ==> The James Buchanan Winner

[mrmarket]

Received the prospectus today which is 1 1/16" thick plus the agenda for the annual meeting which is 1/8 inches thick.

I know..what a waste of paper. Hoping it hits my target before the merger!

[Louetta]

Up nicely today, tho still short of Mr. Market's goal. Some news from somewhere:

"Advanced Semiconductor Engineering jumped 12% as the company received approval from antitrust regulators for its proposed merger with Siliconware Precision Industries (NASDAQ: SPIL). The combination had been in limbo for a long time, with antitrust authorities in different jurisdictions having looked at the merger for more than a year since the June 2016 initial announcement. The two companies now expect to complete the merger by May 2018, and they believe that the combined entity will be able to deliver enhanced services to its customers."

Received the prospectus today which is 1 1/16" thick plus the agenda for the annual meeting which is 1/8 inches thick.

[jiesen]

and you can't forget those $0.24/yr dividends, either! 4% (or 5%, if you got it at $5.07) while you wait for the win is nothing to sneeze at.

[jiesen]

Bought some at 5.07. Don't see anything materially different from the initial write-up in this thread. Methinks it's down because the China market is down but I don't see they do material business on the mainland. Reasonable PE, good dividend. Zack's doesn't show earnings data.

Back in the 7's now... haven't been there in 2+ years. You got it at 5 and change, and that's a good deal, even if it took 2 years to get it!

Should be hitting the target soon, imo... one more winner for us all!

[Louetta]

Up nicely today, tho still short of Mr. Market's goal. Some news from somewhere:

"Advanced Semiconductor Engineering jumped 12% as the company received approval from antitrust regulators for its proposed merger with Siliconware Precision Industries (NASDAQ: SPIL). The combination had been in limbo for a long time, with antitrust authorities in different jurisdictions having looked at the merger for more than a year since the June 2016 initial announcement. The two companies now expect to complete the merger by May 2018, and they believe that the combined entity will be able to deliver enhanced services to its customers."

[mrmarket]

Bought some at 5.07. Don't see anything materially different from the initial write-up in this thread. Methinks it's down because the China market is down but I don't see they do material business on the mainland. Reasonable PE, good dividend. Zack's doesn't show earnings data.

Louetta..too bad you're too young to remember the original Filene's Basement downtown...you would have loved it.

[Louetta]

Bought some at 5.07. Don't see anything materially different from the initial write-up in this thread. Methinks it's down because the China market is down but I don't see they do material business on the mainland. Reasonable PE, good dividend. Zack's doesn't show earnings data.

[Louetta]

PE of 11, yield of 6.5%, enuf earnings to cover the dividend. Yeh, it's in China but might be a good value here.

(Added) Increasing revenue.

The above from 8/24. Numbers are a smidge off since the stock price is higher but methinks this is getting back into range.

[Louetta]

PE of 11, yield of 6.5%, enuf earnings to cover the dividend. Yeh, it's in China but might be a good value here.

(Added) Increasing revenue.

[seabric1]

Stock started to really tank after Apple's "miss" with their iPhone sales. Also, the Chinese stock market being in a funk doesn't help. I'm definitely not adding. I think this is going to take a while to rebound. Hopefully Apple comes out with something amazing for the year end... lift this little guy up.

[jiesen]

Just my 2 cents, but... adding just before earnings is risky, even if you know what the company is going to report. Buying ICLR for the next 5% of its run post-earnings is a safer play, imo. If you ride the trend that's happening, rather than try to predict what'll happen, it will work out in your favor more often.

[msimonelli14]

anybody know why this has taken such a big hit over the last couple months? anybody adding before earnings tomorrow?

[Cat]

What is with the volume sell off on this pick?

I can't seem to find my earlier post (sherryazure but change to cat due to login difficulties). (or maybe not supposed to mention??? the links I did???)

There was option's flowing in indicating higher prices....

and so it seems to indicate institutions think so as well...

[billyjoe]

ASX up 3.77% today so we're almost back where we started. Time to get some volume and soar !

---------------billy

[Cat]

What is with the volume sell off on this pick?

I was curious myself but seems today to have found support along 10, 50 ema. (and so far on good volume) I was wondering if US currency issues but what do I know (Taiwan US dollar) in news lately with re to China. Time will tell - I have learned much from Mr. Market - one is patience!

http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=asx