approx 21 months old but worth reading . Our
“Blue Sky” potential
would likely come from a
contract with Nigeria or Sudan (ideal candidates to
work with Eurocontrol). Should the company ever
land a contract with either of these countries, it
would not only gener
ate substantial revenue, but have a material impact on valuation and share price because of the
International media exposure.
https://www.eurocontrol.ca/data/Danny_Deadlock_Microcap_EUO_Sept1_2013.pdf
CONCLUSION
Eurocontrol is a
difficult stock to buy
“
on news
”
because typically the
contracts are large, valid for years, and can
change the revenue model or valuation overnight.
Our approach will be to give the company
an eighteen month window
and then re
-
assess as the business (hopefully) produces strong top line
revenue growth.