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CI First Asset U.S. Tactical Sector Allocation Index ETF T.FUT



TSX:FUT - Post by User

Post by BayWallon Jun 01, 2012 11:10pm
212 Views
Post# 19973557

Might as well

Might as well

Kick them while they are down.  A seemingly simple concept of reselling a 3rd party currency can't be well executed. Sad.

 

Operating profit margin for Advantex (Aeroplan reseller) is 75% of gross  revenues. Futura is only 45%. Why the difference? Advantex has had profitable quarters recently but still trades at 1/2 cent. They have 92 million shares outstanding. Yearly, $11 million gross revenue compared to Futura's $2.2 million. Sad yet more.

 

Everyone else has a "robust "suite of loyalty programs solutions, while Futura is simply "bust". There, I did my kicking's worth to satisfy the pessimists.

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