Eratat Lifestyle

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12 years 5 months ago #8268 by Bestworld
Replied by Bestworld on topic Re:Eratat Lifestyle
Can Eratat rebound back to 20c level?

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12 years 5 months ago - 12 years 5 months ago #8274 by Rich
Replied by Rich on topic Re:Eratat Lifestyle


See above, screen capture of my purchase at 11.1 cents of 100K shares.
I feel lucky that there is a S-chip small-cap rally. But I wonder what the 4Q results will bring. Life has a lot of uncertainty, man!
Last edit: 12 years 5 months ago by Rich.

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12 years 5 months ago #8275 by Bestworld
Replied by Bestworld on topic Re:Eratat Lifestyle
Good volume while price continue to move up slowly. Guess BBs are still collecting......

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12 years 4 months ago #8349 by Dongdaemun
Replied by Dongdaemun on topic Re:Eratat Lifestyle
During the current quarter under review, the Group gave the distributors sales incentive award of RMB51.7 million as a reward for their sterling sales performance during FY2011. Had the sales incentive award not been incurred, the net profit after tax would have been a record of RMB197.9 million, representing an increase of about 51%.


??? What is this sales incentive award???

Sounds like some new-fangled way of subsidising their distributors? Or is this ' renovation subsidy ' by a different name?

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12 years 4 months ago #8351 by newbiestock
Replied by newbiestock on topic Re:Re:Eratat Lifestyle
overall, i think the Q4 result is still consistent and within expectation. The receivables have dropped and the cash balances have grown. i hv to admit the $50 mil renovation subsidy seems a bit excess though...

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12 years 4 months ago #8352 by Bestworld
Replied by Bestworld on topic Re:Eratat Lifestyle
Sale incentive ......sound to me like a nice way to put it for receivable writeoff.....

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