InvestorsHub Logo

iconoclassic

04/28/09 11:29 AM

#202674 RE: Deewar25 #202658

Really not trying to bash your stock here...just trying to keep the numbers 'real' which the PR does not do very well...

Remember you were giving us non-gaap ebitda..

But...

EFUT DOES report GAAP EPS, they just like to hide it deep in the reports...

2008 net loss = (30,132,466) RMB [or (4,416,631) USD]
this is from your link to the PR


2007 net loss = (27,480,747) RMB

see your link or see this site which verifies it..
http://data.cnbc.com/quotes/EFUT/tab/7

Most/all of this loss came from interest on debt and not from operations, you are right about that...but it still counts...and counts big time, imo

So my main point is you cannot speculate about any positive PE for this one, because, by definition the PE is figured on the basis of earnings (not ebitda) which were negative..

Enjoy this run...because they will run it up, at least for a while, and then at some point it becomes a short play when they start dumping it...

I alwayslike to understand what is really happening, and not be taken in by spurious assertions in the PR headlines...

Gl with it:)