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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Eruma | LSE:ERU | London | Ordinary Share | GB00BFN09H12 | ORD 0.001P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 6.50 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 6.50 | GBX |
Eruma (ERU) Share Charts1 Year Eruma Chart |
|
1 Month Eruma Chart |
Intraday Eruma Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 26/11/2013 | 19:53 | Has Eruma got a secure future? | 996 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 10/4/2013 07:47 by cyprussteve Today's RNS - funding due.It will be interesting to see how much and at what price. |
Posted at 26/3/2013 11:36 by topinfo About to go on another run again IMO. People were buying at 2.8p last week and its been sold down to here again which is good entry point.Tiny mkt cap for sector its in and MMs very short of stcok so any buying volume will move the price. You can only buy 10k at 2p offer price, just 50k they want 2.2p. |
Posted at 21/3/2013 11:00 by topinfo Look at that chart and then look what happened last time ERU on volume. :) |
Posted at 21/3/2013 09:15 by 34simon KNIGELYou post on topinfo thread, that makes you as bad as the rest. KNIGEL - 20 Mar 2013 - 19:01:01 - 232343 of 232518 TOPS, got some ERU at 1.46p.. as 2p must be fair value atm and any positive developments and BOOM! |
Posted at 21/3/2013 09:13 by knigel Sad to see that since i havent mention eru once elsewhere and been here a few days im a p&d er. Not on this share... you sound so bitter? |
Posted at 21/3/2013 08:49 by ertugrul ECR and SER gone to bottom drowerEru is in action |
Posted at 19/3/2013 16:22 by 34simon Freak day for me, still stock available at 1.84p here in EruActa, Aeo, Amr, Evo and Thal :-)) |
Posted at 26/11/2012 10:06 by mellifluous Has Eruma got a secure future? - ERUTOPINFO - 15 Nov 2012 - 14:00:54 - 654 of 734 Nice buy. Thats well over offer 77k bought at 3.84 against offer 3.25 Has Eruma got a secure future? - ERU TOPINFO - 15 Nov 2012 - 13:39:43 - 653 of 734 Nice buying. I have got some today myself as think this drop is way overdone. |
Posted at 17/11/2012 20:49 by drunken sailor I normally post on iii, but as the thread there is pretty dead I thought I would give you a one off here. I held ERU a very long time ago. I got out with a small profit and therefore do not feel bitter in anyway, however I keep any eye on things mainly to see how the 50:50 chance of them going bust I gave them does pan out and also there can be a lot to be gained from getting back into a stock that is genuinely turning round.I read the posts about reading the balance sheet. Do not just read the balance sheet, look at the P&L and the cash flow as well. It is easy to make one or sometimes 2 of them appear better than they really are, but you cannot fool all 3. Also do not just look at the latest but look at the trend across many previous reports. I have done this and it is crystal clear that ERU had been digging a bigger and bigger financial hole for itself for many years. However the second half of last year and the latest interims did give some hope that things were finally turning round. However it takes a lot longer to fill a hole in than it takes to dig it. Until the last release, I was cautiously optimistic, just not optimistic enough to get back in. One of the causes for that optimism was they did seem to be able to raise funds at a premium to their current price and that shows a lot of investor confidence. However the latest release has put pay to that. Racking up CCJs is another desperately bad sign that all confidence has gone from suppliers as well as investors. It is really hard to build confidence and so easy to destroy it. Will they survive this disaster? - I give them only a 25% chance. If they survive there will be a short term recovery in the SP, but I doubt it will get them back to where they were. They would still need to regularly raise new cash and with the share price consigned to the toilet due to lost confidence that will just get harder and harder. Do they still have a long term future? I give that only a 10% chance. Traders may be able to make a few quid if they are lucky, but I see this as a dead stock for investors and I will not be getting back in, though I will continue to watch because I think there is a lot to learn from the lessons here. So what went wrong? The security blinds are a good product, possibly the best in the world, however they serve a very niche market. You need to be very worried about the threat of bomb attack to want them as they only solve one of the many issues that a bomb attack causes (flying glass shredding everyone) they do not stop the building collapsing etc. There is a very cheap and not nearly so good way of reducing the flying glass problem and that is to put film on the windows. They have managed to get a few sales, but not enough and not regularly enough. The lighting is also good, but nothing that you can't get from a number of suppliers, who probably have a bigger share of the market over which to spread their overheads. My analysis of the lighting sector over a number of reports was they were probably buying the work as it was better to have some income rather than none, it was never going to deliver the sort of margins needed to achieve a bottom line profit. Overall I think if this does go down the tubes, either in the short term or the long term, it is a real shame as the security blinds are a world beating British product, maybe if a larger company with other related products bought that bit they would still get sold. However as far as shareholders are concerned, if this does go into administration then the debt is so big there will be nothing left from a sell off to pay anything back. Sorry to be so negative, but my advice is not to try to catch this falling knife, it will almost certainly slice your hand open. If you hold then you probably need to think about reducing your exposure, but hopefully nobody is in so deep that they can't afford to take the almost inevitable losses. |
Posted at 03/10/2012 16:39 by tday Loadsamonay, You say: "They are defo making progress in the right direction".Please explain, since the company has never made a profit, and seems unlikely to do so in the near future. The market - right more often than not - reckons it's going to go bust, witness the share price having declined from circa 200p to 5p today. You say all Eruma needs is a big contract. The trouble is, it has needed that - and more - for the last seven years, so far without luck. Due to a lack of profitability, working capital is and always has been one of their big problems. It appears that it isn't getting any easier - hardly surprising - to find such UK funding, hence the need to look overseas. A hint of desperation? In addition the sales force numbers have declined and there appears to be little cash for marketing. Staff morale is apparently pretty low. I know that some of the original shareholders, have lobbed in more cash for additional shares (and to finance specific contracts by way of loans), but they are now sitting on serious losses. At some point, they are going to decide that enough is enough. I would be surprised if Eruma, is still around in 12 months time. AIMHO. |
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