Eurocontrol Technics Ord EUCTF

RE:RE:The Gold Report updated target on EUO - $0.50

[green24]

So Bob thinks it has a CASH NPV of 24.5c, not including the other assets of the company. Nice. But we are still trading at .18.

Maybe it is time to trot out this post from November again. EUO is discussed in the bottom half of the article. Exerpt from the report:

The Gold Report has updated its 1-year target on EUO to $0.50 based on $0.26 of value in the cash component of the deal, $0.18 in the potential excess cash flows from the expanded GFI business and a nominal $0.06 in value for the company's remaining two subsidiaries.

xsnrg wrote:

threebigwinners wrote:https://the-gold-report.blogspot.ca/2015/11/recent-announcements-provide-opportunity.html

A three year target has been removed since The Gold Report believes that it's likely that EUO will get bought out before it has a chance to reach $1.50 in value. What makes the EUO story so compelling is not so much it's upside, which is estimated to be at least 3 times its current stock price, but it's very limited downside. EUO is getting an upfront cash per share amount in excess of its market cap of $15 million. The TSX Venture has been so brutal for traders that they are sensitive and very weary of chasing stocks that are near their 52-week highs. EUO has had an amazing 2015 and is up 175% this year so it has been subject to profit taking, but this deal ensures that EUO will only have more to rise from here.

Very Nice article 3BW, thanks for sharing. $0.50 in a year...definitely a possibility in fact that might even prove to be conservative but only time will tell. Looks like the knee jerk sellers are done....time to move up steadily towards my short term price goal of 30 cents. As you said there is no downside here and tons of upside, how many microcaps have that luxury in 2015?