Eratat Lifestyle

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.....

Dirt cheap!

indeed, good deal. but no catalyst.. don\'t know gotta wait how long.

Looks way undervalued....the next Kappa in the making!

Cheap became cheaper. 13.5 cents is a ......good price. Anyone looking into this?

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.