Eratat Lifestyle

Eratat has jumped 1 ct to 14.5 c. The queue to buy at 14 is pretty strong at 310,000 shares. Q to sell a little stronger.....hahahahaa.... but at this price, Eratat is looking like a good value buy. PE less than 3. Dividend abt 6.7%

Share buyback coming from China Eratat? They asking for mandate at EGM on July 27... :lol:

They have the mandate for at least 2 years ago....year after year ask for mandate but did not buy back a single share!

The stock price has never been this cheap - while their business profit has grown (after taking into account one-offs), so this may well be the right time to do a buyback. Getting mandates year in year out is a good thing - just in case you need to support the stock price due to a sudden drop in the economy or in yr specific business and industry.

They didn\'t do any share buy-back when the share drop way below 10c....and their profit continue to grow!!

U r right Bestworld abt the zero share buyback. However, the chairman Mr Lin did buy for his own account about 1.2 million shares. 7 Oct 2008 he bought 1 m at 10 cents. July 2008 he bought 200,000 shares at 20.5 cents. Note the 20.5 cents. Now only 14 cents.