Eratat Lifestyle

seem like not going down, maybe can consider buying some...

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.

Meanwhile i topped up some today. Shall see

Davidkie, u are right but i am betting that the outcome will be the end of a dark tunnel..

wont go down anymore, shd hit the bottom

"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."

To be honest, if a listed company needs to finalise all the orders before being able to plan the budget properly, it probably isn't a good company to invest with.

There are many other better companies to invest with. One may not lose $$ by getting in at the lowest price, but there are opportunity costs for not putting the $$ into a better safer company.

Stay cautious.

Faint la. Momoeagle.

If u ever work to do production n suppliers, u will know.

Eratat hv to place 30% of trade n tat ant is nt small.

For the autumn-winter 2013 30% trade deposit, the amt is alr RMB155.9 mil, which utilises more than 20% of their total cash. They nd to hv some cash buffer.

If i am the CEO running the same biz, i will also wait for the trade fair to be over girst so tat plan the budget.

I wonder u guys gt really read the financials carefully or not???