Replies to post #202698 on Naz News, Gappers and FLE''s

[sbt48]

Icon: EFUT board

I did notice that there was no link with the post. He must work for the govt!!!!!! Part of the story.

It has always been a Superman stock. Low float, good numbers.

In this world, I still think it is a good report!

[baletwine]

On EFUT, thanks Ico for your eagle-eyes when parsing the real numbers from the chaff just now and earlier this morning. It's easy for people to just "rip 'n read" (as unimaginative newscasters did from old AP/UPI teletype machines) and post whatever is presented to them without understanding the hidden action behind junk presented. We all do it on some level, and that can't be changed, but it's the intent to seek the "right numbers" that matters here for us at News-Gappers-Land. Bravo.

[Deewar25]

EFUT - well, if you want the ultimate bottom line - that works too:

The Company converted US$5 million notes in 2007 and US$4 million notes in 2008, representing a total conversion of 90%. The expenses related to converting the remaining 10% will be US$0.9 million.

Ok, so lets assume worse case they convert rest this year and total of $1.2 million for the notes/interest etc etc - that means gaap net would be $3.7m to $4.7m - or eps $1.41 to $1.79 - that is still forward PE of 6-8 - yet, now, since you want to compare net to net, you are looking at what?? from -$1.43 to maybe $1.75?? That's huge! PE 10 is certainly reasonable, more like 15 - fair price $20-30

Personally, I don't care about that - when I look at growth, I look at growth through operations - it looks like at least 100% earnings growth, 35%+ revenue growth - find me something like that in todays market!

First time in a long time EFUT has looked attractive to me.

[iconoclassic]

Tanker = EFUT on the chart and the earnings report...

http://finance.yahoo.com/news/eFuture-Announces-First-prnews-15481688.html?.v=41