Eratat Lifestyle   

Eratat Lifestyle Limited

hmm. hope it can cheong tmr then. 

 

It is a smart move to achieve many corporate objectives - aggressive biz growth now that Eratat is ready, share buy-back due to depressed share price, payout for div, and secure a strategic shareholder (which it doesn't have at the moment) when Sun Hung Kai converts warrant to share.

Must better than share placement to Sun Hung Kai since Mgt must be thinking the share price is too depressed. The best way is therefore use bond  for  share buy-back  and when price moves up, sell the treasury shares  to Sun Hung Kai at a much higher price (thru warrant conversion).

Let's see what is the interest rate set for the bond and the conversion price for the warrant.

srichipan      ( Date: 04-May-2013 16:08) Posted: subscriber seems to be a big name in hong kong. they must have their reason for going into this deal. maybe they see potential in eratat? anyone else vested?

 

NOt enough info yet .. may still be good ..anyway it has been stuck at this range for the longest time ..

Cant think of anything bad anyway ..but agree with all is that why need more cash ? already got plenty and no dividend and no buy back.

FISHY  

 

 

subscriber seems to be a big name in hong kong. they must have their reason for going into this deal. maybe they see potential in eratat?

anyone else vested? 

 

hmm. same thoughts here. any bro care to enlighten? 

1. The end effect of warrant is that it will cause share dilution if warrant is exercised. Thus will the company depress share price so that the warrant will not be exercised? 

2. Is this a subscription or placement? I understand share placement is initiated by the company itself. While share subscription is initiated by the external party. Not sure if it is applicable to bonds and warrants. 

 

 

edwinjup      ( Date: 03-May-2013 22:45) Posted: Why cash rich company need to issue bond....???

 

Why cash rich company need to issue bond....???

 

Good or bad news?

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_D5E5212BBFF727BA48257B60004C617D/$file/Eratat_2013.05.03_Proposed_Issue_of_Non-Convertible_Bonds_and_Warrants.pdf?openelement

 

hit high of 149 during the last two trading days. hope can faster break!

 

I know many stuck at 1.5 and above. So will take time to clear them

 

Breakout ..test 15.4 will be indication of long up..

 

the operating result is so-so, not good also not bad. just a little improvement.

big plus is receivables decreased very significantly and seems like no more surprised reno subsidy and sales rebate.

anyone know when and where is eratat briefing investors for yesterday's result?  

for the market to believe that Eratat have 22cents/share in cash (total cash SGD105M, more than market cap), eratat could declare dividend or start share agrressive buy-back. Just take out SGD 5-10 million can buy back almost 7-15% of outstanding share.   then market will believe

I am long...... 

 

The best is yet to be when their new distributors in Shanghai start to contribute significant rev/profit and help to improve its brand recognition. A highly undervalued stock that will shine in 2013! Huat Arh!

think2profit      ( Date: 12-Mar-2013 23:11) Posted: Eratat has recruited 16 new distributors in Shanghai last year and these distributors should be starting to contribute to its revenue and profit in 2013. ERATAT品 牌 上 海 招 商 会 圆 满 成 功 日 期 ： 2012-6-14 来 源 ： 本 站 原 创 点 击 数 ： 861 5月 25日 ERATAT品 牌 招 商 会 在 上 海 成 功 举 行 ， 由 公 司 总 裁 助 理 胡 振 宗 先 生 率 领 的 营 销 精 英 团 队 和 全 国 客 商 共 同 出 席 此 处 大 会 。 并 一 起 分 享 ERATAT品 牌 发 展 成 果 ， 营 销 战 略 计 划 。 据 悉 ， 本 次 招 商 会 成 果 显 著 ， 喜 讯 频 频 ， 现 场 签 约 合 作 的 客 户 达 到 16家 ， 超 出 起 初 预 估 数 量 ， 并 给 接 下 来 的 几 场 招 商 会 开 了 好 彩 头 ， 积 累 更 多 的 经 验 和 工 作 准 备 。

 

nv declare dividends leh

 

should move higher when trade cum dividend

 

vested! hope can cheong!

 

results out today. quite good. Might enter tmr morning and exit on the same day

 

was tempted to enter based on its high growth rate. but after reading this, I'm having second thoughts. company  management  like a bit suspicious

http://sgyounginvestor.blogspot.sg/2012/02/eratat-lifestyle-my-first-stock-my.html 

 

Volume is good today. we should see 15cts cleared within the next few days as shareholders approve its share buy-back. A great investment to hold in 2013 when China Gov will be focusing on domestic consumption

think2profit      ( Date: 22-Apr-2013 10:32) Posted: Eratat mgt is proposing a share buyback. Once it starts buying, price below 15cts will become history.

 

Eratat mgt is proposing a share buyback. Once it starts buying, price below 15cts will become history.

 

Time to take up position in Eratat, for a strong rally coming soon