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Bullboard - Stock Discussion Forum Eurocontrol Technics Ord EUCTF

"Eurocontrol Technics Group Inc is a Canada-based company involved in acquisition, development, and commercialization of security, authentication, verification and certification markets. The company through its subsidiaries is engaged in designing, manufacturing, marketing of energy-dispersive X-ray fluorescence (ED-XRF) systems, and developing technology and property that combines two... see more

OTCPK:EUCTF - Post Discussion

Eurocontrol Technics Ord > Helps with the margins
View:
Post by Raptorman2013 on Apr 11, 2017 8:31pm

Helps with the margins

The majority of Eurocontrol’s revenues are denominated in US dollars while a significant amount of the Company’s marketing and administration costs are denominated in currencies other than the US dollar; primarily the Canadian dollar and the Israeli Shekel. To the extent that the exchange rates between the US dollar and the Canadian dollar and Israeli Shekel fluctuate, the Company will experience an impact on its earnings.
Comment by Chutzpah on Apr 12, 2017 2:15am
Boy is that your shot at the Why I Like EUO write up I asked from you? Pretty sloopy attempt at fundamental analysis if you ask me, dude. Hey you know what would REALLY help with the margins? How about laying off about half of the work force of those some 50+ full time employees (now going close to 60 with the new 5 hires we saw on Linkedin, including a "R&D Director", weeee) ? That ...more  
Comment by Ringert on Apr 12, 2017 2:23am
Couldn't agree more... Something has to happen here and since there is clearly no spike in revenues to be expected any time soon they have to cut costs. Instead this idiotic CEO is increasing costs considerably (I'm not talking about R&D costs, those are necessary to even slightly keep up with competitors as all their products are outdated)... Time for Brucey to say BYE BYE and we ...more  
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