ERD - ERoad. (Transport sector technology)

[Rawz]

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

W69 called it. SP up 56% since announcement, what a legend

[X-men]

I have been Tut Tut around the recent result.

Gosh...what am I missing here? Revenue same like VGL ..n market values ERD at 90m n VGL at 380m...

GTK revenue half of Eroad... market values GTK at 400 plus million and let alone SKO...

Market is really a beast!!!

[X-men]

Anyone....plz help me to understand the market???

[thebusinessman]

Anyone....plz help me to understand the market???

Sometimes it just resembles a small, panicked animal.

[X-men]

U see nzx surveillance officer...when SP goes up ... they questioned it...when SP down....no one cares!!

But I just don't get it...is Eroad the cheapest stock in NZX?

[sb9]

I have been Tut Tut around the recent result.

Gosh...what am I missing here? Revenue same like VGL ..n market values ERD at 90m n VGL at 380m...

GTK revenue half of Eroad... market values GTK at 400 plus million and let alone SKO...

Market is really a beast!!!

Key difference is in outlooks for each of them and industries they operate in, there lies in answer to your question about market valuation.

[X-men]

Maybe what worry the market is the EV... however recently Mark said the changing to EV is a positive for ERD.

Government loses fuel tax, somehow they needs to collect taxes ...road charges will be the main tax in the future for EV

[X-men]

Wow takeover at $1.30????

[haewai]

No. Six months of 'if'.

[ronaldson]

O my. 4,030,653 shares acquired on-market since 30 May at an average of 71.87c and then 15,994,438 at $1.30 on 21 June including an escalation agreement.

Takeover offer highly likely to be forthcoming in the near future. Recognition at last that this share has been woefully undervalued since removal from the NZX 50 not that long ago.

Happy holder as disclosed earlier on this thread.