Thursday, February 12, 2009

China Eratat














China Eratat is in mfg of sport footwear and apparels.

NAV: S$0.212. EPS: RMB0.169.

1H09 result seems good with revenue up 83%. Margin has been around 18%.

Share performance

Peak was at S$0.39 in April 08.

Support line: S$0.075. Note further support line at S$0.065.

Resistant line: 0.1.

Presently, it is at 0.08.

Potential substantial upsize if you buy now at 0.075 or below.

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