Eurocontrol Technics Ord EUCTF

What are you all smoking?

[Joseph_K]

kidl2, when April 30th rolls around next year, let me know if you were right about how much cash the company had left at the end of the year.  

Personally, I know my guesses for each quarter have been very accurate for the time I've been involved in the stock.    My projections tell me the company had 8.07 cents per share net of debt in cash and cash instruments a week ago at the end of Q3.   I give no value to the NPV of the royalty stream or to any of the divisions of the company.   Just on a net cash basis alone, this should not be trading at 7 cents.    However, over the past two years, I have witnessed it trade below cash numerous times.   I can't remember it ever lasting more than a week though.

We will find out if I was correct in 7 weeks when they publish the Q3 numbers.

Until I have reason to believe otherwise, I'm going to keep buying these cash discount shares and get the rest of the company as a free play.   Maybe Bruce will surprise us before April 30th, 2018.   We shall see.

Cheers

[Joseph_K]

What are you all smoking part II. I should have mentioned this part as well.   In the GFI deal with SICPA, besides the cash they gave us, they also agreed to pay a minimum royalty of $9 million spread out over a number of years.  I don't remember the exact dollar amounts, or when the first royalty payment was received.   Was it in July 2016?   Anyway, the

[kidl2]

Many theories have been spun about a potential SICPA buyout. In the end it always seems to come down to a simple conclusion: SICPA for whatever reason isn’t interested.   It seems like the only logic conclusion since they could have just as easily orchestrated a complete takeover in early 2015 instead of just buying GFI. Interestingly enough, they could have bought all

[endeavour]

as usual, negative nellie gives his opinion and portrays it as fact. In reality, he has absolutely no clue what Sicpa is thinking or planning. Negative innuendo however can be damaging to micro cap thinly traded stocks. Do your own DD, always.

[kidl2]

endeavour: Instead of belabouring what you label “opinion” and “negative innuendo” while encouraging people to do their own DD, why don’t you show us  how it’s done? How about some DD of your own which disproves the facts I presented or the conclusions I reached?

[tpaymans]

SICPA needed only 10% shares to get a member on the board of EUO, no other plan. The tekst below is nonsens: The fact that SICPA very suddenly stopped accumulating and hasn’t taken advantage of the current averaging down opportunity seems to confirm their “plan” did not work out as they had anticipated.