Eurocontrol Technics Ord EUCTF

RE:Buyout / Takeover Potential

[xsnrg]

kidl2 wrote: While there is always the potential of a company being bought out, the odds of SICPA buying the rest of EUO are imho extremely remote for two reasons:
 

1. XwinSys does not fit SICPA’s MO as outlined here: https://sicpa.com/mission-vision/mission-and-vision XwinSys’s technology is for all intents and purposes a quality control tool. It is not designed nor meant for track & trace / anti counterfeit / whatever.
2. If SICPA had any ambitions to swallow all of EUO, they would have done so last year. It would have been just as easy to make an offer for all of EUO as it was to make an offer for just GFI. A package deal would have certainly be cheaper than buying EUO piecemeal.

 
Also, selling XwinSys at this time does not fit EUO’s MO. EUO’s purpose in life is to find advanced technologies and nurse them to commercialization. Yes, one could argue that XwinSys is on the verge of commercialization and that actual commercialization is too big an undertaking for little EUO. I believe it was McWhirter who alluded to some sort of partnership with one of the big SC guys. That imo would make sense especially if it’s along the lines of licensing which could provide EUO with another income stream and thus move it closer to becoming a dividend payer which, from what I understand, is BR’s ultimate goal.

Nice post Kidl I was also thinking about the very unlikely scenario where SICPA didn't want to buy us outright and then all of sudden wanted to.  The hypothesis of many here is that all this credit Suisse and UBS buying is SICPA acquiring tons of shares so when they make the buyout offer it will cost them less money.   It just doesn't add up UNLESS....and this is a big unless.....they know about a massive deal..like a eurozone tender that they are confident they will get...and then the royalty deal sends EUO's valuation to over a buck in a heartbeat.  In that case maybe they realized that they should have just bought us out and are busy figuring it all out right now behind the scenes.

I would think Bruce is involved enough with his consulting agreement that he would be wise to it and figure out a way to get us maximum value somehow. 

Anyways it's all very exciting isn't it :)  A few pennies a week is more than enough to satisfy a guy like me.  GLTA