Eurocontrol Technics Ord EUCTF

EUO -23% YTD. From $0.185 to $0.135

[Bruceforever]

FACTS:

1. Xenemetrix revenues from $1,9MM in 2013 to $1,2MM in 2016
2. More than $2MM invested in Xwinsys during 2016. No revenues yet.
3. European DECISION not favorable to SICPA. Forget those 5% royalty.
4. Cash + Market securities from $15MM to $10MM right now (JMHO)
5. Management still refuse to talk about GUIDANCE
6. Around 60% ot total revenues goes to Management Expenses
7. Around 65% of total revenues goes to Administration costs

You have to pray to see EUO again at $0.18.

[TechnicalBuyer]

Item 3 on your list - Can you please refer me to the decision that you are referring to?  I cannot seem to find any reference to a decision anywhere.  Thank-you!

[Bruceforever]

It's not about EUO, it's all about Sicpa. you really don't know what decision is? I am very surprised in this board. OMG

[TechnicalBuyer]

Can anyone answer my question and refer me to the decision being referenced here?  Thank-you again.   

[lscfa]

I believe he is referring to the date being pushed back on a decision to approve a new fuel marking product for 28 EU countries......

[Bruceforever]

Yes. And that DECISION was comfirmed by EU at December 30th. There was a call for offers (ec.europa.eu) to provide 28 states throughout the EU a new fuel marker that could easily be worth about 150- 200 million to be granted before the end of 2016. But when I received the letter from EU, I was sure that share price only could go down.  You can read this independent report at Eurocontrol