HOT STOCK: KIM ENG says Eratat Lifestyle - Money Mind

HOT STOCK: KIM ENG says Eratat Lifestyle recently held its annual Spring/Summer 2011 trade fair to showcase its latest designs to its distributors. Response has been very positive with new products generally able to command higher ASPs. We see a favorable risk-to-reward ratio as the stock is now trading at only 4x FY10 PER, a steep discount to China Hongxing of over 20x.