S-chips make a comeback in Singapore

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#40
Based on the financial statements, Eratat is undervalued and share price has significant potential upside.

What I do not understand is why the management has to issue large amount of new shares at almost 10% discount to market price.

Perhaps this is why the market sees this negatively and is sending clear signals to express that view!
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RE: S-chips make a comeback in Singapore - by ichiran - 27-01-2011, 12:43 PM

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