Eurocontrol Technics Ord EUCTF

RE:RE:Cash in the bank

[green24]

green24 wrote:

$16M / 90M shares = $0.177/sh   Current Cash

$9M  / 90M shares = $0.10 /sh   Future Cash

@ $0.13/sh, the market cap is $11.7M

Hmmm, $25M in present and future cash, less than half of that is the total market cap.    Looks like this one can only go one direction from here. 

At $11.7M market cap, with a minimum guaranteed $1.5M/yr in royalties, you are currently looking at a company with a 7.8x P/E multiple   EVEN IF THEY DO NOTHING ELSE FOR THE NEXT 6 YEARS!

Eagleeye2468 wrote: They have plenty of cash, I just want to know what their next play is going to be. If you want to make money in this market and your not doing the day trading thing the company has to have cash and the cash value here is well over what it's currently selling for which makes buying at these prices a Christmas gift if you have patience to wait for the news. I'd expect a pretty easy double from these levels before I'd reassess things it's been at around .20 with really not much for real news they can play the flush out games all they like doesn't change what the company's portfolio looks like. I'm sure there's lots of people that will be happy to load up on cheap shares its easy to get shaken out. 

I sent in my question.   I hope he answers it.   I hope EUO is still one of his largest holdings.