Eratat

Dividend is 0.5 cent a share lah, bestworld. Why y0u dream of 5 cent? It's like before. Now 3% yield. U get paid while you wait for the stock to rise some more. PE now only less than 2X. However the receivables are still high. Take care

The net cash in the company has been growing strongly.
See CIMB report, which also has forecasts of abt RMB100 m cash added a year going forward. Overly optimistic?

www.eratatgroup.com/v2/files/releases/20130226_cimb.pdf

Testing 14c again......

Big Fish wrote: The net cash in the company has been growing strongly.
See CIMB report, which also has forecasts of abt RMB100 m cash added a year going forward. Overly optimistic?

www.eratatgroup.com/v2/files/releases/20130226_cimb.pdf

it is quite conservative, considering that Eratat has strong finanacial muscle and large disty network to grow its biz. AR days has been shortened from max 150 days to last qtrs of max 120days. I expect it to shorten further to max 90days and increase cash position further and it may increase div from 0.5cts to 1cts from 2013. cheers

Should worth a lot more than 14 cents.....

Bestworld wrote: Should worth a lot more than 14 cents.....

Absolutely. Collection time b4 competing with the fund managers to buy at much higher price, like ISDN now