OTCPK:EUCTF - Post by User
Comment by
lscfaon Nov 29, 2015 3:03pm
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Post# 24336507
RE:Proof in puddding
RE:Proof in pudddingThe report you refer to is here....this is what boosted the stock from $0.05 to $0.15.....
https://www.eurocontrol.ca/newsfiles/Wall%20Street%20Transcript%20Interview%20-%20Jan05-15.pdf
"To make a long story short, I think that there is a reasonable expectation that at this time next year, the contracted fuel marking business for us will produce, at least on a pro forma basis, a top line somewhere around $20 million or beyond. At $20 million, we can produce roughly $6 million of EBITDA. Currently, Eurocontrol has a market capitalization of about $6 million. So I don’t mind holding on to the $6 million number as long as I can change that from being the market cap to being the pro forma EBITDA. And then I think the market might pay me as much as 10 times EBITDA, which means that the stock, if that were to all happen, could appreciate 10 times from current prices. Hence why I’m a buyer of Eurocontrol stock."