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eFuture Holding Inc. Message Board

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  • mmmparsley mmmparsley Nov 1, 2011 12:08 AM Flag

    even scams go up once in a blue moon..

    Fact Check:

    Yan owns 13% of the shares - what are you talking about? Company insiders and employees have a 30% stake in the share growth - and there are no VIE contractual agreements that create possible and devious usurpation of the share base as there are with other high-flying Chinese tech stocks.

    Company was up over 2% on a day where 79% of stocks went lower, while the press release was simply an announcement of the 5 year anniversary of listing on the Nasdaq coupled with a new surprise announcement of a new Cloud Service Offering.

    3rd quarter numbers should be net income breakeven with EBITDA way up YoY. EBITDA is the important number because so much of Efutures depreciation is free of assets that are depreciating that need to be repurchased later - the depreciation consists largely of continually appreciating assets such as logistics and RFID services that that have allowed Efuture to broaden there service offerings and increase their profit margins. Net Income will be brought back up to nominal levels after this depreciation is cleared out.

    Now things get exciting... Third quarter should be strong - fourth quarter guidance should be over 12mm and $2-3mm in EBITDA. Should see $10.00 a share at least when the fog is cleared.

 
EFUT
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