most of the s-chips are bleeding alot today..
for Eratat, it is at 9.7c now..
This is very disappointed, at this level of price, Eratat should start doing buy back. The numbers of buy back are not a matter, action will speak lauder.
before any miracle can happen to their share price, they have to settle the spring summer 2014 trade fair first n fnalise the orders so they know how much cash will be needed for the coming trade deposit etc n then plan their budget.
The company used to announce the result of the fair however in past 2 year, they never make any announcement..
And lack of corporate action to support the share price..
PE is around 1.5x only, price might drop further till any goods news from company..
Up coming news, Most likely will be on Early Nov during the Q3 result.
we can either see " end of the dark tunnel" or "long dark tunnel ahead"
newbiestock wrote: be patient... I can't rem the exact date but i know their trade fair should be either this week or next week.