Ya. Lilanz gt nearly 3000 stores, so lilanz earnings shld be much bigger. It is like the men's casual wear version of Li Ning. but i think what's most important is the earnings per share (EPS).
Q2 for eratat this year should see similar net profit growth just like Q1 because in 2012 Q1 and Q2, net profit dropped due to the renovation subsidy. And don't forget in 2011, placement was done at 20+ cents and hence the EPS dipped a bit. Was told the new distributors may be announced in 3rd quarter but likely the earnings impact would most likely be next yr since in the May autumn-winter trade fair recently, they didn't announce anything. if so, earnings for Q3 and Q4 would probably be similar as last year. In order to boost EPS for Q3 and Q4 2013 to demonstrate growth, share buyback is probably the only way.
Didn't really follow lilanz closely, but i think it should still do quite ok as they are not in the sports sector.
another thing is this the oversupply of sportswear will probably take some more quarters to clear until supply matches demand. It will also impact casual wear somehow. Maybe that's why Eratat is not in a hurry to add distributors now. But come next yr, i think the apparel wear industry should be in a much better shape after the consolidation in 2012 and 2013 and i believe Eratat will make use of part of the proceeds from the bond issue to expand aggressively in 2014.
From its weekly chart, it seems like Eratat has been preparing to break thru 15.6cts. If this resistance is cleared decisively, I believe it should move rapidly toward 20 cts. Good luck!
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