Eratat Lifestyle

gg...lol

Wondering who is this buyer, if also the main buyer on Aug 15 (Total Vol: ~36.5M) it should be quite substantial.. We will know soon next week

Married deal : Don't panic. Some investors bought over his stake. Could it be SHK? Any chance of that?

Big stake sell-off is a red flag, by an insider, dark red flag. Call a spade a spade. Ye sanzhi has been with the company since IPO, and bought his entire stake at 0.125. The stake then and the stake now is actually the same. Well he made a profit, but whats the rush? Eratat has seen better days of above 20 cents, if prospects are better than before, and cash of company is worth more than selling price even after paying off the bonds, at above 14 cents... Not including the receivables and inventories in the claculation

The risk reward might still be good for some, they are people who bought junk grade bonds, loans at depressed price, and volia,they did well. You can argue Eratat is already at depressed price,but it is a fact that this increased the "risk prenium"

But lets not kid ourselves...

Mr market will not like this...

You can check if I am wrong tomorrow...

I was shock to see that Ye Sanzhi has sell off all his holding..

On negative side, normally internal sell off mean no good..

On positive side, the sell off is done off market meaning someone bought the shares from Ye Sanzhi.
Since the sell off is 6.77% and it did not trigger any announcement on the new substantial shareholder, most likely the shares where bought by groups of people..

My best guest is they are accumulation the shares..

We see how Mr. Market react tmrw

I love married deal. New investors new life.