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e-Future Information Technology Inc. Message Board

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  • mmmparsley mmmparsley Nov 19, 2012 6:07 PM Flag

    expect nothing in this quarter

    Timing of the close of contracts.

    I've been in EFuture for a long time Ozzie, bought back in the crash of 2008 and have held and added since. Let me tell you something; this was a great quarter.

    E-Future is going to fluctuate due to the timing in which revenue is recognized, but they telegraphed future performance, and it's going to be excellent. Don't worry about Adam, he loves to sack expectations only to beat them and look good.

    You are going to see strong 4th quarter margins, but limited profitability, as seed businesses eat cash but have no immediate revenue benefit.

    Either way, the core business is growing and margins are as strong as they've been in the last 5 years. If margins stabilize here and E-Future recognizes revenue next year on contracts signed this year, we should see steady share price appreciations.

    The worst is over.


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