ERD - ERoad. (Transport sector technology)

[Rawz]

Might do a GTK and go up 50% in quick time

Your prediction looking correct so far... up 17% with bugger all sellers

[Rawz]

Wonder if the Goldman sachs review for a partner in the US will lead to a takeover of ERD given its trading for cents on the dollar?

[ronaldson]

ERD at market close today 69c, and one of top 5 gainers! Another share where the market response to the results announcement has taken a little time!

I don't think we will see the low 50's again.

[ronaldson]

And two days on again we are at 74c with almost no sellers until 80c. This share has regained momentum. I wouldn't be surprised with a return to the 90c it traded upon exiting the NZX 50 index in the reasonably near future. Already despite a disappointing initial entry decision I am closing on break even after topping up at 60c.

If they can get America right in the next two years this is a solid business. It is rare for a NZ based enterprise to be positioned for growth in NZ, Australia and USA.

[Rawz]

I agree Ronaldson.

Could head back to $1+ per share based on price to revenue multiples of other loss making entities.

Can’t help but think ERD is riding a tech growth wave thanks to the likes of TSK SPY and SKO locally and Nvidia, Meta etc internationally.

Anyway enjoying the gains and in the green after 4x my position at 58cents

[thebusinessman]

Joining the "back in the green" club after my 60c "DCA"

[Rawz]

Up heaps today. Im back on the steaks

[ronaldson]

Agree. In the green now. What if anything is driving this rerate?

[Rawz]

Agree. In the green now. What if anything is driving this rerate?

The big tech rally going on i reckon.
Bring ERD back to 1x price to sales

Or maybe the Goldman Sachs boys looking for a partner in the USA for ERD has instead found a BUYER for ERD.

[Rawz]

SP still going up up up

Must be a takeover coming or something???