Eratat Lifestyle

According to its chinese website, Eratat recruited 16 distributors in Shanghai in May 12. Assuming it takes 12 months to prepre and ramp out, we shoudl see add rev/profit from these distributors from 3Q onwards

www.eratat.cn/2011/shownews.asp?NewsID=242&ClassName=集团动态

Q1 result just released. Very solid...really way undervalued!

huat ah

It’s cash/share is now 22.9 cts LOL. If they don’t start buying back their shares at 14 cts , let’s see what excuses they have in their 3rd May briefing? Am vested.

Think they can afford to declare a special dividend of 14c

Cannot give special dividend now la. Next quarter q2 result, cash shld drop to around 19-20 cents as they nd to put deposit for their autumn-winter book orders, pay dividend, director fees etc

But by end of q4 result out, net cash shld be around 25 cents bah.

Eratat could be the next Lilanz, judging from the rate the cash grows