ERD - ERoad. (Transport sector technology)

[axe]

NZ punters are slow to catch on and should have read the original announcement mor thoroughly

NZX should issue a speeding ticket I reckon

That trade of 100,000 signals confidence

The Board reckons the share price doesn't reflect the performance and value of the company. Why are the Board members not scooping up shares at these bargains prices.... ?

Guess they probably all in a lock up pending the results in november.

[sb9]

Its always bit of worry when a company has to explain punters how undervalued their sp is relative to company's performance....hmmm!!!

[winner69]

Its always bit of worry when a company has to explain punters how undervalued their sp is relative to company's performance....hmmm!!!

It worked though

[sb9]

It worked though

A day's trading of whopping 160k odd shares...will wait and see

[winner69]

A day's trading of whopping 160k odd shares...will wait and see

If you take out the recent really high volume days (~1m odd shares) yesterdays 185,000 shares was way above daily average

Yes wait and see - might be 200 today or might be 150, who knows

Interesting that the recent 1,300k and 900k volume days the share price fell (significantly) - a keen seller?

[sb9]

If you take out the recent really high volume days (~1m odd shares) yesterdays 185,000 shares was way above daily average

Yes wait and see - might be 200 today or might be 150, who knows

Interesting that the recent 1,300k and 900k volume days the share price fell (significantly) - a keen seller?

Could well be, don't really follow this stock. My observations were more around the fact that company has to blow its trumpet to drive up sp, which is not normal trading practice for many companies.

If you're doing a good job around fundamentals, the sp will take care of itself.

[Leftfield]

Thanks for sharing and good luck to holders. Watching with interest.

[bullfrog]

Been watching this company for a while. I understand their business model, and believe they are executing it competently, and note they are building relationships with their user base = loyalty. The only worry is whether they have the right management team to handle what hopefully will be exponential growth in the US. As a shareholder I'm watching their growth strategy very closely, with fingers crossed.

[freebee]

A couple of naughty boys at Eroad, no reflection at all on this good company but not the headline management want to see.

http://www.nzherald.co.nz/business/n...ectid=11814891

[kiwi_crusader]

With over 30 million trucks and buses in the the U.S and at $30/month for an Eroad device, that's a lot of $000's even if 1% of the market goes with Eroad.

http://www.eroad.com/us/landing/eld/

http://www.trucking.org/News_and_Inf...stry_Data.aspx