Eratat Lifestyle

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13 years 8 months ago - 12 years 11 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: 12 years 11 months ago by niadmin.

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13 years 8 months ago #4026 by Bestworld
Replied by Bestworld on topic Re:CHINA ERATAT
Dirt cheap!:P

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13 years 8 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.

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13 years 7 months ago #4098 by Bestworld
Replied by Bestworld on topic Re:CHINA ERATAT
Looks way undervalued....the next Kappa in the making! :P

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13 years 7 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? ;)

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13 years 7 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.

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