Eratat Lifestyle   

SIAS AWARD - Most Transparent company - runner up

Nearly one year still like this but Midas before this saga, announced big projects won to trap investors don' t now those projects they won still carry on ? Erata shareholder receive  share certificate but will they hold AGM ?

tonylim70      ( Date: 06-Apr-2018 07:48) Posted: How strange  things are repeating again.. this time is MIDAS.. GuavaXF30      ( Date: 20-Jun-2017 08:58) Posted: To be real, there are many more such cans in the SGX. If you study history, you can see tell-tale signs. Low cash, huge debts (inproportionate to income), reducing (or even fictitious) revenue and low or non-existant margins. Many companies in the SGX are like that now. These things always repeat.

 

How strange  things are repeating again.. this time is MIDAS..

GuavaXF30      ( Date: 20-Jun-2017 08:58) Posted: To be real, there are many more such cans in the SGX. If you study history, you can see tell-tale signs. Low cash, huge debts (inproportionate to income), reducing (or even fictitious) revenue and low or non-existant margins. Many companies in the SGX are like that now. These things always repeat.  ysh2006      ( Date: 20-Jun-2017 04:58) Posted: All authorities scared to let the worms out the can to reveal more things to shareholders and quickly close it

 

To be real, there are many more such cans in the SGX.

If you study history, you can see tell-tale signs. Low cash, huge debts (inproportionate to income), reducing (or even fictitious) revenue and low or non-existant margins. Many companies in the SGX are like that now.

These things always repeat. 

ysh2006      ( Date: 20-Jun-2017 04:58) Posted: All authorities scared to let the worms out the can to reveal more things to shareholders and quickly close it. ysh2006      ( Date: 19-Jun-2017 18:45) Posted: SIAS also too owe us why don't force it to open a EGM to say something to shareholders just let it go like this...nobody at fault ,

 

All authorities scared to let the worms out the can to reveal more things to shareholders and quickly close it.

ysh2006      ( Date: 19-Jun-2017 18:45) Posted: SIAS also too owe us why don't force it to open a EGM to say something to shareholders just let it go like this...nobody at fault ,? ysh2006      ( Date: 19-Jun-2017 18:42) Posted: Sgx should owe us a explaination why don't force it to conduct a EGM and tell their story to shareholders approved and delay the announcement one month

 

sad, 0 now.

ysh2006      ( Date: 19-Jun-2017 18:45) Posted: SIAS also too owe us why don't force it to open a EGM to say something to shareholders just let it go like this...nobody at fault ,? ysh2006      ( Date: 19-Jun-2017 18:42) Posted: Sgx should owe us a explaination why don't force it to conduct a EGM and tell their story to shareholders approved and delay the announcement one month

 

SIAS also too owe us why don't force it to open a EGM to say something to shareholders just let it go like this...nobody at fault ,?

ysh2006      ( Date: 19-Jun-2017 18:42) Posted: Sgx should owe us a explaination why don't force it to conduct a EGM and tell their story to shareholders approved and delay the announcement one month ? nqing87      ( Date: 18-Jun-2017 22:33) Posted: sry, i meant sgx when i say regulatory bodies, and SIAS which is supposed to be watch dog to protect retailers interest also fail to spot hanky panky.. which means 2 layers of failed protectio

 

Sgx should owe us a explaination why don't force it to conduct a EGM and tell their story to shareholders approved and delay the announcement one month ?

nqing87      ( Date: 18-Jun-2017 22:33) Posted: sry, i meant sgx when i say regulatory bodies, and SIAS which is supposed to be watch dog to protect retailers interest also fail to spot hanky panky.. which means 2 layers of failed protection investshare      ( Date: 18-Jun-2017 14:30) Posted: Sias is not regulatory body

 

sry, i meant sgx when i say regulatory bodies, and SIAS which is supposed to be watch dog to protect retailers interest also fail to spot hanky panky.. which means 2 layers of failed protection

investshare      ( Date: 18-Jun-2017 14:30) Posted: Sias is not regulatory body. nqing87      ( Date: 18-Jun-2017 14:01) Posted: this eratat is a good example of how our regulatory bodies has failed and lost touch with the market, when this company actually received the most transparent company runner up award by SIAS.. this is a good example to bring out also because of the fact that the company is cash rich as per balance sheet reported, but it never gives out dividend at all, despite making profit.. so it is a good case study to warn investors to look out for company that doesnt reward shareholders, despite portraying good balance sheet.. it is now not so simple to invest by looking at balance sheet, cos we will never know if this balance sheet portray by the company is real or not.. we shouldnt be worrying about whether a company is giving a financial report is fraudulent or not, but unfortunately our regulatory bodies have failed us to make sure investors are protected & given the real information to make due diligence.

 

u are right.. i guess i mix up eratat with another company.. too many examples around to show our market deficiency to protect investors.. but either way, my point is to say that we have to be careful & watch out for underlying red flags, which we would not need to if we have good watch dog to prevent companies from doing hanky panky..

HVRRVH      ( Date: 18-Jun-2017 15:18) Posted: Just wish to point out that they did give dividend. High dividend some more. Around 5%. The red flag should really be despite 'high cash reserves', they still issued bond to borrow money. nqing87      ( Date: 18-Jun-2017 14:01) Posted: this eratat is a good example of how our regulatory bodies has failed and lost touch with the market, when this company actually received the most transparent company runner up award by SIAS.. this is a good example to bring out also because of the fact that the company is cash rich as per balance sheet reported, but it never gives out dividend at all, despite making profit.. so it is a good case study to warn investors to look out for company that doesnt reward shareholders, despite portraying good balance sheet.. it is now not so simple to invest by looking at balance sheet, cos we will never know if this balance sheet portray by the company is real or not.. we shouldnt be worrying about whether a company is giving a financial report is fraudulent or not, but unfortunately our regulatory bodies have failed us to make sure investors are protected & given the real information to make due diligence.

 

Than where did the bond money gone to ? Sgx MAS found no body at fault ,? Just business folded ,?so easily let them delisted har...must force them to conduct a EGM to tell us more!!

HVRRVH      ( Date: 18-Jun-2017 15:18) Posted: Just wish to point out that they did give dividend. High dividend some more. Around 5%. The red flag should really be despite 'high cash reserves', they still issued bond to borrow money. nqing87      ( Date: 18-Jun-2017 14:01) Posted: this eratat is a good example of how our regulatory bodies has failed and lost touch with the market, when this company actually received the most transparent company runner up award by SIAS.. this is a good example to bring out also because of the fact that the company is cash rich as per balance sheet reported, but it never gives out dividend at all, despite making profit.. so it is a good case study to warn investors to look out for company that doesnt reward shareholders, despite portraying good balance sheet.. it is now not so simple to invest by looking at balance sheet, cos we will never know if this balance sheet portray by the company is real or not.. we shouldnt be worrying about whether a company is giving a financial report is fraudulent or not, but unfortunately our regulatory bodies have failed us to make sure investors are protected & given the real information to make due diligence.

 

Just wish to point out that they did give dividend. High dividend some more. Around 5%. The red flag should really be despite 'high cash reserves', they still issued bond to borrow money.

nqing87      ( Date: 18-Jun-2017 14:01) Posted: this eratat is a good example of how our regulatory bodies has failed and lost touch with the market, when this company actually received the most transparent company runner up award by SIAS.. this is a good example to bring out also because of the fact that the company is cash rich as per balance sheet reported, but it never gives out dividend at all, despite making profit.. so it is a good case study to warn investors to look out for company that doesnt reward shareholders, despite portraying good balance sheet.. it is now not so simple to invest by looking at balance sheet, cos we will never know if this balance sheet portray by the company is real or not.. we shouldnt be worrying about whether a company is giving a financial report is fraudulent or not, but unfortunately our regulatory bodies have failed us to make sure investors are protected & given the real information to make due diligence.. ysh2006      ( Date: 18-Jun-2017 10:46) Posted: Eratat no much forumers burnt here so no much discussion

 

Sias is not regulatory body.

nqing87      ( Date: 18-Jun-2017 14:01) Posted: this eratat is a good example of how our regulatory bodies has failed and lost touch with the market, when this company actually received the most transparent company runner up award by SIAS.. this is a good example to bring out also because of the fact that the company is cash rich as per balance sheet reported, but it never gives out dividend at all, despite making profit.. so it is a good case study to warn investors to look out for company that doesnt reward shareholders, despite portraying good balance sheet.. it is now not so simple to invest by looking at balance sheet, cos we will never know if this balance sheet portray by the company is real or not.. we shouldnt be worrying about whether a company is giving a financial report is fraudulent or not, but unfortunately our regulatory bodies have failed us to make sure investors are protected & given the real information to make due diligence.. ysh2006      ( Date: 18-Jun-2017 10:46) Posted: Eratat no much forumers burnt here so no much discussion

 

this eratat is a good example of how our regulatory bodies has failed and lost touch with the market, when this company actually received the most transparent company runner up award by SIAS.. this is a good example to bring out also because of the fact that the company is cash rich as per balance sheet reported, but it never gives out dividend at all, despite making profit.. so it is a good case study to warn investors to look out for company that doesnt reward shareholders, despite portraying good balance sheet.. it is now not so simple to invest by looking at balance sheet, cos we will never know if this balance sheet portray by the company is real or not.. we shouldnt be worrying about whether a company is giving a financial report is fraudulent or not, but unfortunately our regulatory bodies have failed us to make sure investors are protected & given the real information to make due diligence..

ysh2006      ( Date: 18-Jun-2017 10:46) Posted: Eratat no much forumers burnt here so no much discussion. HazardKoh      ( Date: 17-Jun-2017 22:54) Posted: ya.. he recommended Rickmer to

 

Eratat no much forumers burnt here so no much discussion.

HazardKoh      ( Date: 17-Jun-2017 22:54) Posted: ya.. he recommended Rickmer too doufei      ( Date: 06-Aug-2016 15:55) Posted: Beware of Danger' s post. Avoid his calls at all cost!!! He brought many to bedok reservoir!!!

 

ya.. he recommended Rickmer too

doufei      ( Date: 06-Aug-2016 15:55) Posted: Beware of Danger' s post. Avoid his calls at all cost!!! He brought many to bedok reservoir!!! danger      ( Date: 16-Jan-2014 13:53) Posted: LOAD ON THIS UNDERVALUED STOCK NOW

 

Can ask SIAS fight for us to get at least a pair of sport shoe as exit offer ? Cannot let it delist empty handed.

 

Beware of Danger' s post. Avoid his calls at all cost!!! He brought many to bedok reservoir!!!

danger      ( Date: 16-Jan-2014 13:53) Posted: LOAD ON THIS UNDERVALUED STOCK NOW

 

Justice has to be served.   Thoese people at fault will have to be made accountable.

If no further action is taken by the Board, SGX or any government authority should quickly step in.

 

 

VOYAGE RESEARCH (owned by Roger Tan, ex-CEO SIAS) coverage on Eratat was 100% on WRONG track. 

Their followers got burnt badly. Don' t think its research business can survive long - who would trust them now?

Even days before trading halted on 27 Jan, there were still buy calls from die-hard fans, incl. retail investor alike.

Hopefully, these ppl got out on time. Suspension follow suit on 29 Jan and by now as we all know = total loss.

danger      ( Date: 18-Jan-2014 11:22) Posted:   Eratat Lifestyle Limited (Eratat) disclosed that it has appointed 15 new distributors with each opening one to two stores across China and that these distributors will commence operations in Jan 2014. We are encouraged by this development as we are starting to see distributorship growth following the opening of the Shanghai office this year. The company is finalizing the locations for self-owned stores in Shanghai and about two to three stores are targeted to commence operations in 1Q 2014.     P/E ratio : 1.5 Book value per share : 47 cents Net Cash per share : 25 cents Intrinsic value per share : 28 cents  Share price : 10.6 cents !!!!

 

Ya, YZJ suppose to be the safest and most solid, most reliable of the s-chip. The 龙 头 老 大 of s-chip. If the 龙 头 老 大 already kana , wow how to trust the rest.. really scary s-chip. For me i used to think there is YZJ is even safer than most of the local companies.

 

 

sheerluck      ( Date: 30-May-2014 21:05) Posted: This is bad.   Cannot trust anything the PRC side said.   Even YZJ one of the more highly regarded chinese Coy also got some issues.   I think come Monday will be another bloodshed for S-chip.