RE:Pro's/Con'sNice post. My observation is that all your con's (which I agree with) are basically things WITHIN the control of management. If these guys come out from the rock they are hiding under we can get this thing moving in a heartbeat.
Things that worry me are major obstacles, like our competitors have superior products or are first to market by a long shot and already own the market. None of these are true, we just have a promotion/communication problem which can fixed ANY DAY they want, including today, hint hint nudge nudge know what I mean know what I mean?
And this isn't day traders worrying about short term half penny fluctuations. The majority of us are long term investors who have just witnessed 6 months of share price stagnation. In fact we hit 14.5 cents on June 2nd while we had this beautiful momo going. Here we are almost a half year later with no momo, no bids, no nothing. BRAVO management....BRAVO!
I look at investing as a race against time, I probably have 30 years left MAX before I start pulling everything out of equities to prepare for retirement/death. Therefore time is what I cherish most of all in my investing and sitting stagnant for half a year, 2 years, 5 years is not exactly my cup of tea. Now my other stocks have mostly come down in the past 6 months so again I will say it could be worse BUT I still want to see some traction here. I think we all do, that is all we are asking for. If the market doesn't like the SICPA deal try something else. If you are confident the deal is the right thing for EUO, you can still stick to your guns and finalize the deal and get the cash we need. HOWEVER, you need to rethink your strategy on moving the share price up. The market liked your results 2 quarters ago, that much is evident to anyone who can read a chart, maybe try more of that? The key is to keep trying guys, and right now I don't feel that they are. All my personal opinion of course.
One last point to Zenvesting who said "
If anything is to blame for the current undervaluation, I would say the stock is being punished now because Bruce did too much promotion, over promising, and under delivering in the past"
I hope you were being sarcastic lol...if not I have never seen such a foolish post on stockhouse and that is saying a lot.
shawshank wrote:
Eurocontrol Pro's:
SICPA deal will close on ratificaton vote ($16Million upfront)
Certainy of revenue-$1.5million minimum backstop thru numerous year revenue stream
Very lowered SGandA expenses related to GFI/Petrormark which will be born by SICPA
Greater access to G.A's thru the SICPA G.O well established network
Game Changer SemiC/Wafter technology in final que/beta trails being commercially readied
Rollout in early 2016
Two of thee largest global Semi Conductor/Chip players involved in product interest/development
No real need to access the secondaries for future financings less done to satisfy a fund interest
Professional fund money thru McWhirter own a large chunk of the O/S base
Market demand is unmet in the SemiC sector for what EUO is bringing to market
Several vertical markets exist
Billion dollar plus sector of endavour
Still has Shawshank as a long (for now)
Eurocontrol Con's:
Company officals are (IMO) in final stages of their exit strategy
Front end office (sponsorship) shows ingorance and if not ingnorance then (IMO) executive indiffference
Valuations are discounted (they suck) and have represented zero or negative return since June 1st 2015 but arguement for end of year return of a three bagger can be made given start of year was .05 per share. I doubt if we will see below a dime again.
No buzz-due to lack of creation or communication corporately of future/pending expectations.
No insider purchasing for quite some time
Transparency/disclosure/guidance and visibility/all issues that need to be addressed.
No PR firm to address sponsorship
A few posters on this thread and it has also been observed on other threads post contentnot readily available to the rank and file and arrogantlyclaim it originates from EUO-as tho they are the "priviledged few" along with a back room email campaign that has gone on long before I purchased shares in spring 2015
TSX Venture Xchange listing vs TSE Senior listing
Currently .145 per share on low volume
No competing bid or interest made in aquiring GFI once SICPA deal was announced so would appear to be a take it or leave it proposition
SICPA allegedly paid more in bribes to the tune of $32 million in South America to secure or influence out come of contract bidding(kickbacks/influence peddling)...twice what they were willing to pay for GFI upfront see link...
https://www.dailymail.co.uk/wires/reuters/article-3145903/Brazil-police-uncover-fraud-scheme-finance-ministry.html
Intangible Negative Considerations:
Has a johnny come lately "ZenClownster" posting priviledged Horseshat on previous boards now surfacing on Stockhouse and suported by poster Kid ...of similar status...who need to realize DD does not mean "Bruce on speed dial"