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e-Future Information Technology Inc. Message Board

  • doubleyourbettwice03 doubleyourbettwice03 Jul 8, 2014 7:09 PM Flag

    efut ipo/d at 9 and promptly went to 50-really quick

    the reasoning at the time was
    that it ipo/d too low
    the big short cover was last fall
    on a 6 million share day

    a little history never hurts
    when this hits 400
    you wont need more than 500 shares here

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    • next stop will be the teens

      • 1 Reply to doubleyourbettwice03
      • $400.00 a share? 2 billion+ dollar valuation? Maybe in 10 years if they plan, execute, and innovate to perfection.

        If E-Future can prove the current business model is a profitable one servicing 42 of the top 100 Chinese retailers while demonstrating MyStore can generate profitable revenues over a period of time, $20.00 might be in the cards. Without any further updates to add to my current perspective on E-Future, I'd have to be a partial seller at that level. $400.00 is a pipe dream.

        Don't know what is influencing the price at the moment...

        A few positive factors include...

        1. Adam's Book continuing to sell fairly well in China averaging an Amazon Sales Rank in China of about 20,000. Pretty impressive for a niche book about retail strategy and the future of mobile retail. Establishing himself as a thought-leader in China can only be positive over the long-term for the company.

        2. Shanghai's first Micro-Store being opened by an Appliance Company and receiving many positive mentions in the Chinese Media.

        3. A few more Micro-Stores being opened around the country by smaller, regional retailers. I don't spam these boards every time I find out about a new one because I don't think any single new Micro-Store launch by a smaller regional players makes a significant difference. Compounded, however, these launches may be meaningful. The more small regional players they can add to their platform, the more pressure that larger retailers will have to offer competing offers on the platform by including themselves in the MyStore channel.

4.30-0.09(-2.05%)Dec 26 4:00 PMEST

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