OTCPK:EUCTF - Post by User
Comment by
lscfaon Sep 02, 2015 1:35pm
102 Views
Post# 24072294
RE:RE:GFI valuation
RE:RE:GFI valuationIt took GFI 5 years to gain 3 clients so I assumed that with Sicpa's help and contacts with 200 governments they should be able to do 2 or 3 new contracts per year.
I also assumed that EUO will reduce its SG&A by $500,000/yr from the roughly $3 millio/yr it does now.(less marketing, less admin)
Another way to look at the analysis is EUO will have $0.177 / sh in cash after the divestiture plus the present value of the future royalties less SG&A will be approx. $0.20 so GFI is worth $0.38 today with no value assigned to EUO's other inititatives (e.g. commercialization of wafer bump inspection tech in 2016)
af01erer01af wrote: Very interesting and informative projection and thank you for sharing. What are your assumptions in this model, in terms of new GFI clients o/s? Tha