Advanced Semiconductor Engineering, Inc.
 (ASX)

- NYSE
What's your position on ?
Bullish
Bearish
Why are you ish?
Skip
Post
You voted ish on Vote again
Posts appear on the My Feed page of subscribers to this ticker
Last vote:
  • Dec. 21, 2015, 12:33 PM
    • Siliconware (SPIL +2.5%) "will assess" Taiwanese chip packaging/testing peer ASE's (ASX +1.6%) latest offer for the company, an NT$55/share all-cash bid announced last week.
    • Siliconware is still trading NT$4 below ASE's offer price in Taipei. In August, ASE offered NT$45/share for Siliconware, while stating it would buy up to 25% of Siliconware's shares on its own.
    • Since then, Siliconware has sold large stakes to contract manufacturer Foxconn (Hon Hai Precision) and China's state-controlled Tsinghua Unigroup.
    | Dec. 21, 2015, 12:33 PM | 1 Comment
  • Sep. 8, 2015, 3:25 PM
    • The Philadelphia Semi Index (SOXX +3.9%) has risen to its highest levels since mid-August on a day the Nasdaq is posting a 2.3% gain.
    • Likely helping out: Microchip (MCHP +8.4%), still often seen as an industry bellwether (though its commentary accompanying last fall's warning sparked criticism), has adjusted its FQ2 (calendar Q3) revenue and EPS guidance to $545M-$563M ($554M midpoint) and $0.60-$0.66 from a prior $$532M-$569M ($550.5M midpoint) and $0.58-$0.66. The outlook comes after many chipmakers (Microchip included) offered below-consensus calendar Q3 guidance amid an inventory correction, weak PC demand, and slowing Chinese smartphone growth.
    • Microchip's core ops are said to be tracking in-line with prior expectations, and recently-acquired Micrel's above expectations. The 8.6M shares issued in the Micrel deal have been repurchased.
    • Also: Various Taiwanese chipmakers and supply chain firms have reported August sales. Chip packaging/testing firms ASE (ASX +5.9%) and Siliconware (SPIL +4.1%) respectively reported sales were up 5.8% and 5.7% M/M, and up 9.5% and down 4.2% Y/Y.
    • Big gainers include Microchip peers NXP (NXPI +6.8%), Freescale (FSL +5.8%), Silicon Labs (SLAB +4.4%), and Cypress (CY +4.4%). Others include Avago (AVGO +5.8%), Xilinx (XLNX +5.7%), Cavium (CAVM +5.5%), Analog Devices (ADI +6.3%), Synaptics (SYNA +5.4%), Linear (LLTC +4.6%), Cirrus Logic (CRUS +4.7%), IDT (IDTI +4.6%), Sigma Designs (SIGM +4.9%), and chip equipment maker Axcelis (ACLS +8%).
    • SanDisk, ON Semi, and Silicon Motion are benefiting from upgrades/bullish coverage. Apple holds its iPhone event at 1PM ET tomorrow.
    • Chip ETFs: SMH, XSD, PSI, SOXL, USD, SOXS, SSG
    | Sep. 8, 2015, 3:25 PM | 1 Comment
  • Aug. 28, 2015, 10:25 AM
    • Hon Hai Precision Industry (OTC:HNHAF) agrees to buy a 21% stake in Siliconware Precision Industries (SPIL -5.2%), after fellow Taiwan-based Apple supplier Advanced Semiconductor Engineering (ASX -1.6%) said last week it wanted to buy into the company.
    • The share-swap announcement comes hours after SPIL rejected ASE's hostile tender offer as too low.
    • "Foxconn has become SPIL’s white knight, and makes a more logical partner because they can add growth and even lure Apple to use SPIL instead of ASE," says Vincent Chen, head of research at Yuanta Financial in Taipei.
    | Aug. 28, 2015, 10:25 AM | 1 Comment
  • Aug. 21, 2015, 9:23 AM
    • With Advanced Semiconductor Engineering (NYSE:ASX) buying up to 25% of Siliconware Precision Industries (NASDAQ:SPIL) at a healthy premium, Seeking Alpha contributor Dane Capital Management says ChipMOS (NASDAQ:IMOS) should be very much on watch.
    • Even at a sizable premium, a purchase by almost any larger competitor would be tremendously accretive, says Dane, and IMOS' huge net cash position and tremendous cash flow makes funding a deal an easy task.
    • Previously from Dane Capital: ChipMOS: Oligopoly At 4x EBITDA, 8x EPS With Pending Buyback - A Holiday Gift
    • SPIL +23.55% premarket to $6.40.
    | Aug. 21, 2015, 9:23 AM | 1 Comment
  • Jul. 28, 2015, 9:17 AM
    | Jul. 28, 2015, 9:17 AM
  • Jul. 24, 2015, 9:17 AM
    | Jul. 24, 2015, 9:17 AM | 1 Comment
  • Jun. 22, 2015, 9:18 AM
    | Jun. 22, 2015, 9:18 AM | 2 Comments
  • Jul. 24, 2014, 9:45 AM
    • Akamai (AKAM +1.9%) has been upgraded to Outperform by Macquarie. Q2 results are due on July 30.
    • Unisys (UIS +7.9%) has been upgraded to Positive by Susquehanna. Shares crashed yesterday following a Q2 miss.
    • Chip assembly/test firms ASX (ASX -4.6%) and Siliconware Precision (SPIL -1.7%) have respectively been cut to Neutral and Underweight by JPMorgan.
    • As part of a coverage launch for Chinese Internet stocks, Citi has started Dangdang (DANG +6.3%), Weibo (WB +1.4%), Jumei (JMEI +2.5%), and Cheetah Mobile (CMCM +2.1%) at Buy.
    | Jul. 24, 2014, 9:45 AM
  • Oct. 25, 2013, 9:44 AM
    • Constant Contact (CTCT +24.9%) has been upgraded to Buy by Needham after issuing mixed Q3 results and strong 2014 revenue guidance (13% growth vs. 11.9% consensus).
    • Sony (SNE +0.6%) has been upgraded to Outperform by Credit Suisse. FQ2 results arrive on Oct. 31.
    • Monolithic Power (MPWR +15.8%) has been upgraded to Outperform by Oppenheimer after beating Q3 estimates and issuing in-line Q4 guidance.
    • ASX (ASX +2%) has been upgraded to Outperform by Bernstein.
    • NCR (NCR -5.7%) has been cut to Neutral by Compass Point after posting mixed Q3 results and reiterating its full-year guidance.
    • Rogers (RCI -0.9%) has been cut to Hold by Canaccord a day after posting Q3 results. Macquarie downgraded shares yesterday.
    • STMicroelectronics (STM -0.6%) has been cut to Neutral by Goldman three days after missing Q3 estimates and providing weaker-than-expected Q4 guidance.
    • WageWorks (WAGE +3.1%) has been started at Buy by SunTrust.
    | Oct. 25, 2013, 9:44 AM
  • Aug. 11, 2011, 9:25 AM

    Premarket gainers: AONE +20%. CSCO +12%. EAT +11%. NWS +8%. AKS +5%. CLWR +5%. MPEL +5%. KSS +5%. NVDA +5%. BX +4%. BAC +4%. ALU +4%. ETFC +4%. DRYS +4%. PBR +4%. CAJ +4%. ARMH +4%. SID +4%. ASX +4%. RF +4%. VALE +3%. MGM +4%. LYG +3%. MOS +3%. CREE +3%. ASML +3%. BRFS +3%. GS +3%. SINA +3%. BHP +3%. ITUB +3%. POT +3%. ERIC +3%.
    Losers: SODA -10%. SLE -8%. AMSC -7%. ALLY -5%. NVS -4%. LOGI -4%. CRH -3%.

    | Aug. 11, 2011, 9:25 AM
  • Aug. 4, 2011, 9:05 AM

    Premarket gainers: GOLD +7%. KFT +6%. UN +5%. TDC +5%. SOLR +4%. SD +3%.
    Losers: DNDN -64%. ENTR -26%. GNOM -19%. VE -14%. ARO -14%. WLT -13%. LYG -10%. ONTY -9%. TS -8%. FRO -8%. BCS -8%. SPPI -7%. RIO -6%. LOGI -6%. ARMH -6%. KSS -5%. SDRL -5%. ASML -5%. MKTAY -5%. STM -5%. ALV -5%. MTG -5%. RIG -5%. ONNN -5%. BHP -4%. UBS -4%. ALU -4%. NWS -4%. CS -4%. STO -4%. ABB -4%. DB -4%. HMC -5%. ERIC -3%. WFR -3%. VALE -3%. GPS -3%. RDS.A -3%. FCX -3%. RCL -3%. ASX -3%. CCL -3%. PBR -3%. NOK -3%.

    | Aug. 4, 2011, 9:05 AM
  • Jun. 29, 2011, 9:00 AM

    Premarket gainers: SPRD +14%. ZZ +14%. MMR +8%. NBG +7%. LOGI +5%. BJ +5%. YOKU +5%. PMI +4%. RENN +4%. BCS +4%. BAC +4%. ING +3%. STD +3%. MTG +3%. IRE +3%. X +3%. DANG +3%. BBVA +3%. AKS +3%. MPEL +3%.
    Losers: RBY -15%. SHAW -13%. ASX -3%. KBH -3%.

    | Jun. 29, 2011, 9:00 AM | 7 Comments
  • May 6, 2011, 9:00 AM

    Premarket gainers: DMD +17%. RBS +7%. LLNW +5%. SIFY +5%. ARMH +5%. TTM +5%. PWER +4%. MCP +3%. MTL +3%. SINA +3%. BHP +3%. MG +3%.
    Losers: OMPI -30%. CTIC -10%. BRE -4%. ABAT -4%. ALU -4%. ARE -4%. SD -3%. TITN -3%. ASX -3%.

    | May 6, 2011, 9:00 AM | 1 Comment
Company Description
Advanced Semiconductor Engineering Inc provides semiconductor packaging and testing services. Its services include semiconductor packaging, production of interconnect materials, engineering testing & wafer probing.