ERD - ERoad. (Transport sector technology)

[whatsup]

I have never seen anything like the trading today, someone keeps loading the sales up and keeping the sales at $2.20 all day, so far all of the sales bar the first 3 or 4 have been at $2.20 since the update announcement was made.

How can this happen in an orderly market?

On the road again and off that $2.20 rut now selling @ $2.30ish +, could be a reevaluation by some fish heads going on atm , if so we could be in for a retrace back to $3.00 + .

[bullfrog]

Got the heebeegeebees with this one sometime ago and sold too quickly, missing out on some good rises. Brought in again and this time holding, sought of enjoying the roller coaster ride, I think the big companies take their time in the procurement process, but once they’ve chosen, they’re not going to jump ship. Eroad does what it says on the tin.

[whatsup]

For background ERD was "floated " but not a float in real terms @ $3.00 in Aug 2015 and had a SPP @ $3.00 last year so the todays purchasers would be very pleased with their buying and imho ERD could " make it " if todays ann is an indication of the future potential, ERD needs to " build " on todays results as last years results were marginally profitable !

[sb9]

For background ERD was "floated " but not a float in real terms @ $3.00 in Aug 2015 and had a SPP @ $3.00 last year so the todays purchasers would be very pleased with their buying and imho ERD could " make it " if todays ann is an indication of the future potential, ERD needs to " build " on todays results as last years results were marginally profitable !

Yeah, should see this push past the cap raise/SPP price from last year of $3.04 in short term.

[sb9]

https://www.nzx.com/announcements/331738

Follow the insiders...in this case follow the CEO.

[sb9]

https://www.nzx.com/announcements/331738

Follow the insiders...in this case follow the CEO.

Another Director/Insider buying on market...

https://www.nzx.com/announcements/332437

[whatsup]

Very pleasing quarterly sales ann, up 24% qr on qr but the best result is the 52% increase in the Nth American market, looks like penetration is being achieved now but the Aust market is static atm.

[sb9]

Very pleasing quarterly sales ann, up 24% qr on qr but the best result is the 52% increase in the Nth American market, looks like penetration is being achieved now but the Aust market is static atm.

Agree, still bit of work there to do.

FY20 is the year to watch for them I think.

[Yoda]

Things looking up ? TA s seems a bit better . Maybe start of a new rise ?

[sb9]

Inching into the $3 territory, its been long time between drinks.