Charter, engineering firm with excellent growth in China and cash pile. Tipped as a buy recently by shares after 10% drop has now shed 25%,,appears to be a good trading share when looking at chart good support at 985p currently 1020.

Is this a good time to get in?

Director buying, if it wasn't good earlier in the week, looking much better time to get in now . Could be a good 15-30% upside from here in short to medium term. IMHO

Charter plc
15 November 2007


CHARTER PLC
(the 'Company')

DIRECTOR/PDMR SHAREHOLDING


The Company has been notified that Marion Foster, a person connected to Michael
Foster, Chief Executive, purchased 2,000 ordinary shares of 2p each in the
Company on the London Stock Exchange at a price of 10.22 per share on 14
November 2007. Following this transaction Marion Foster now holds a total of
20,634 Ordinary shares of 2p each, representing 0.01% of the issued share
capital of the Company. This notification was received by the Company on 14
November 2007 and was made in accordance with DTR 3.1.2R

Starting to turn, level 2 looking better

What another sh*te day for charter, beta 1.5 not helping, really thought this would stop at 960. Still directors seem happy to get in.

Lars Emilson, Chairman, purchased 1,500
ordinary shares of 2p each in the Company on the London Stock Exchange at a
price of 9.2060 per share on 16 November 2007.

James Deeley, Director, purchased 1,000
ordinary shares of 2p each in the Company on the London Stock Exchange at a
price of 9.44 per share on 15 November 2007.

When market bounces I would expect some good upside from here, if not will have to go off and lick my wounds.

Here's hoping

This share was 35p in 2002 so I expect some people are taking profits.Watch out.

I would expect most of the profit taking to have eased, trading statement due late December, can't see that things have deteriorated for them to this degree in such a short time, so expect the sp to recover from here.

My target is 2 upside by year end, holding and waiting.

Directors seem happy to put several thousand behind it. p/e currently 10.

About 30/40p..

Time to re-visit after the recent price fall.

Bid Approach.

Well done if you are in these Mitzy.

Thanks skinny.