Investing Lessons to be gleamed from Eratat — Avoiding a potential value trap
By Wealth Buch -- Journey towards Financial Freedom  •  February 13, 2014
*This is a blog post written with hindsight, but I'm pretty sure it would have been dissed off and thrown aside had it been written earlier.*

Recently, just before Chinese New Year holidays, Eratat requested for a trading halt and subsequently suspension. It was a company I have been suspicious about since March 2011. Much of my analysis (with some calculations probably off) can be found here.
China Eratat

Note that this isn't an exercise or pure blog post done specially to ride on a S-chip suspension bandwagon, but to consolidate the lessons and what has been posted before since 2011.

The question is, is it possible to detect such fraud before it happens? Apparently, there were lots of clues to this, and this was posted in a few forums. Apart from that, from my recent read ups of marketing materials, I realise there are more things to investing (Read more...)...
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By Wealth Buch -- Journey towards Financial Freedom
Me is 27 yrs old (in the year 2009). Graduated from Uni in May 2008. Me nothing better to do, so chart here chart there. Me also nothing better to do, so invest for dividends here and there ...
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