tag:blogger.com,1999:blog-96400547236313105.post4364670989307436569..comments2023-07-29T04:11:36.874-07:00Comments on Creed's Cash Flow: So my friend thought it was a good idea to follow an analyst's Target PriceCreedhttp://www.blogger.com/profile/11069055728255761057noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-96400547236313105.post-85390987220558034992016-03-20T09:20:44.819-07:002016-03-20T09:20:44.819-07:00Hey, thanks for stopping by! Very well thought out...Hey, thanks for stopping by! Very well thought out indeed. Glad to know someone else remembers Eratat XDCreedhttps://www.blogger.com/profile/11069055728255761057noreply@blogger.comtag:blogger.com,1999:blog-96400547236313105.post-53651349385507574312016-03-20T05:19:52.026-07:002016-03-20T05:19:52.026-07:00yes, eratat was a classic. While revenue was incre...yes, eratat was a classic. While revenue was increasing, its receivables were growing just as fast. What made it bad was that the company took bonds at a high % despite being cash rich. To add icing on the cake, the company held trade exhibitions, invited analysts over, held adverts in chinese TV stations, had a well known Taiwanese Singer endorsing their products and products selling in China.<br /><br />It was a well thought out plan, I would sayChoon Yuanhttps://www.blogger.com/profile/12611026055011755624noreply@blogger.comtag:blogger.com,1999:blog-96400547236313105.post-11808718073501522872016-03-19T22:53:35.121-07:002016-03-19T22:53:35.121-07:00:D Thank you for stopping by! When I realized his ...:D Thank you for stopping by! When I realized his story would help new traders/investors, I asked him for permission to post it.Creedhttps://www.blogger.com/profile/11069055728255761057noreply@blogger.comtag:blogger.com,1999:blog-96400547236313105.post-13276337047755654502016-03-19T22:37:14.699-07:002016-03-19T22:37:14.699-07:00That's actually a good point, Uncle8888. I wil...That's actually a good point, Uncle8888. I will bring this up in the future when warning new investors to not follow blindly. Thanks for visiting!Creedhttps://www.blogger.com/profile/11069055728255761057noreply@blogger.comtag:blogger.com,1999:blog-96400547236313105.post-74477592044974981422016-03-19T18:24:49.442-07:002016-03-19T18:24:49.442-07:00Flattered! I didn't know about Eratat though. ...Flattered! I didn't know about Eratat though. Good lesson for your friend. Budget Babehttps://www.blogger.com/profile/05940384920609566419noreply@blogger.comtag:blogger.com,1999:blog-96400547236313105.post-24010121815872548332016-03-19T17:12:33.196-07:002016-03-19T17:12:33.196-07:00Analysts are NOT investors or money managers. Thei...Analysts are NOT investors or money managers. Their job is to analyse and not investing. Investing is more than just analysing. Get it?Createwealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.com