Eratat Lifestyle

Wow.. what happened???

i also dunno why... likely to be force selling after a week by those who can't hold.

closing below 13 c... sigh.

i am still holdin lol.

Oceangrace wrote: Wow.. what happened???

This is normal market fluctuation, isn't it? Anything new?

One of those tsunami days...

It's normal la, in china bad news leak out faster than u think. Anyone remembered gaoxian 20 percent plunge in a single day? Hu an, qingmei all exp around 20 percent plunge at high vol in a single day. Anything less than 10 percent in a day, get used to it for s-chips

Dukang also plunged suddenly yesterday from 53c to 45c but has since recovered to 48.5 today.

Market is highly volatile as punters are creating uncertainty to make money.

At 12.8c, div yield for Eratat has increased to 3.83%, which is close to the 4% interest from special account in CPF. 0.5c coming on the way in Jul/Aug 13

Positive 2Q rpt would be out in end Jul. CFO Ken earlier guided that rev shd be similar to that of last yr but we can take out renovation subsidy so that we can expect higher profit than that of last yr. Hopefully the good result will lift up mood....

And, hopefully Eratat will start some share buyback any time....

Cheers All