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e-Future Information Technology Inc. Message Board

  • mmmparsley mmmparsley May 30, 2012 9:27 AM Flag

    Slight growth this year...

    It was hard for me to make out the answer on the last part of the CC, but I finally figured it out after relistening a few times.

    The CFO, Sean Zheng, expects slight total revenue growth YOY in 2012. Based on operating margins of the 1st quarter and 4% annual growth, this would send E-Future into profitability this year at +~1.5 million in adjusted net income and operating profit 25% higher than last year.

    The key is product mix and Sean's guesstimate of slight revenue growth this year. Put those two together and an argument for a $7-8 share price could easily be made. Still think this trades lower today.

 
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