Eratat Lifestyle

More
13 years 11 months ago - 13 years 2 months ago #4022 by Mel
Eratat Lifestyle was created by Mel
s-chip...hahahaa...anyone has a view on this stock? PE too low at 3X. after minus-ing off the net cash of S$36 million, PE is only 1.5X. interestingly, they issued bonus warrants with an exercise price of 30 cents a few month ago. Can the stock rise beyond 30 cents in 3 years before the warrants expire? the management must be confident about it.....
Last edit: 13 years 2 months ago by niadmin.

Please Log in or Create an account to join the conversation.

More
13 years 11 months ago #4026 by Bestworld
Replied by Bestworld on topic Re:CHINA ERATAT
Dirt cheap!:P

Please Log in or Create an account to join the conversation.

More
13 years 11 months ago #4027 by vampire
Replied by vampire on topic Re:CHINA ERATAT
indeed, good deal. but no catalyst.. don\'t know gotta wait how long.

Please Log in or Create an account to join the conversation.

More
13 years 11 months ago #4098 by Bestworld
Replied by Bestworld on topic Re:CHINA ERATAT
Looks way undervalued....the next Kappa in the making! :P

Please Log in or Create an account to join the conversation.

  • neontet
  • Visitor
  • Visitor
13 years 11 months ago #4120 by neontet
Replied by neontet on topic Re:CHINA ERATAT
Cheap became cheaper. 13.5 cents is a ......good price. Anyone looking into this? ;)

Please Log in or Create an account to join the conversation.

  • neontet
  • Visitor
  • Visitor
13 years 11 months ago #4127 by neontet
Replied by neontet on topic Re:CHINA ERATAT
A few months ago, China Eratat issued bonus warrants (similar to what Best World has done just recently). The Exercise Price of S$0.30 for each Eratat Warrant .... It seems a long way to go from 13.5 cents stock price currently. But at the time of the fixing of the warrant strike price , 30 cents represented only a premium of approximately 20% to the closing price of S$0.25 per Share on the Official List of the Singapore Exchange Securities Trading Limited (“SGX-ST”) on 10 November 2009, being the last full market day prior to this announcement.

Please Log in or Create an account to join the conversation.

Time to create page: 0.261 seconds
Powered by Kunena Forum
 

We have 777 guests and one member online

rss_2 NextInsight - Latest News