I agree. all 4$ stocks blame others that's why they trade there. However, Efut always guides very low especially in the fourth quarter because its a big number contracts that they don't know if they close. These are the largest deals. So i think efut easily does 17mill for the 4th quarter and has a shot of 20mill. They guided 40% gross margin in the 4th quarter verse 31% last year (3mill low margin hardware). So if they do 40% gross margins and 17-20mill in sales would be a big upside to everything. The problem is we have to wait 3-4 months to see it . Like I said with efut theirs always something good but with questions. That's life.
well, you got say flat growth this year- the mix is better so its better growth. However, based on this topic then the company should have a big year next year? Also, you don't know the mix of business. Last year they beat big in the fourth but a big part of the backlog was low margin hardware which is not great. The company always has huge positive BUT the timing, margins ect. It's always choppy which investors don't like. I don't know one China company where you do 17mill in the fourth quarter have 13mill in cash then do 3 mill in the first quarter and have 7million in cash left because of big bonuses.
The have the same problems as most 4$ stocks-mostly complete denial and blaming others. Efut is not cheap compared to other Chinese micro caps that's why it never goes up big. Some other Chinese micro caps trade under cash and under 4 pe multiple. So either the whole group gets a normal value or efut can separate itself from the group. What i mentioned earlier would help efut separate itself or expand its value.
I personally think the whole group will over time get a discounted value verse and extreme discounted value as of today which will hopefully and should drive efut value higher. I don't ever see the group getting a premium value like they did in 2007 based on lets face it massive fraud in the group and lack of transparency and corporate governance. The market is all money flow in sectors more than anything else today. The bigger Chinese have all moved together and eventually I think you will get a big program buy in smaller Chinese as a group which will drive efut price. I'm hoping efut can separate itself and get a higher premium from the group but praying is not good investment theory.
I would like too some directors who are experts in their sector wherever they live. This would give them some credibility and maybe help the company . Their 2 USA directors are puppets and a complete joke. I'm sure they are "yes man" to Adam which I'm sure he likes. I've told them this 10x and say their board looks like a 3$ stock board. I get the feeling Adam has "napoleon" problem and its his company mentality. The stock is cheap and he's laid the ground work for upside but don't see parabolic unless we some changes. I would bet they have not met one institution investors in the last 2 years face to face. The USA Chinese stocks are on a tear and you have investors going to China all the time to do due diligence. In addition, HK investors have also been huge buyers of USA Chinese stocks because they understand them better . So theirs a market for Efut and you got ask yourself what are you missing or its a great buy. With Efut I see 70% positive and 30% gives you red flags that why you get 3$ stock.
Company and stock still a complete pig until its not. You could argue everything in place to go to the next level.
When the company gets a CFO, new board members, one fund investor I might get excited. You got walk before you run and efut been crawling for long time. Efut is very cheap by USA comparisons but compared to other small cap China name's its nothing great that's why the stock does nothing. The company seems fine but i don't see it going to 15$ anytime in the next year or higher. If you think it is you should be buying like crazy. just my view.
next year should be a good year mainly because the infrastructure big spending is behind them and year over year comparisons will be easy.
Efut trades with all the Chinese pigs- up and down money flow. Although, I would say efut trades at the bottom of the list for whatever reason. I don't think it changes much with efut , it will trade with the money flow in the small Chinese unless something changed dramatic: Efut actually talk to institutional investors: ie-you actually get a fund owner: They get coverage from a niche firm: They start to grow at a higher rate and their new products do very well. In the meantime its micro cap money flow or pumps and dumps.
looks great- massive insider buying by the CEO. their is a ton of the value on the websites. i don't think we will know how big or how much they can monetize their wealth management business until next year.
Ask her :
1, does the company ever plan to get a cfo
2, does the company ever plan to upgrade its board of directors with people that are experts in their field instead of puppets for troll Adam
3, Does the company ever plan to actively try to get real buyers like mutual funds.
4, does the company ever plan to meet research people to show them the value of their company.
5, does the company ever plan to generate net income
6, Chinese stocks are flying- market just separated the #$%$ from the good one's. Anytime EFUT or Adam want to act like a serious company they will move out of "#$%$" company, if not stay under 5$.