Eurocontrol Technics Ord EUCTF

Technology Computer Systems

"Eurocontrol Technics Group Inc is a Canada-based company involved in acquisition, development, and commercialization of security, authentication, verification and certification markets. The company through its subsidiaries is engaged in designing, manufacturing, marketing of energy-dispersive X-ray fluorescence (ED-XRF) systems, and developing technology and property that combines two-dimensional (2D) and three-dimensional (3D) image processing technology respectively."

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Eurocontrol Technics Ord > Trading at a 43% discount to cash

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Comment by xsnrgon Mar 29, 2017 12:11pm

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Post# 26046671

RE:Trading at a 43% discount to cash

lscfa wrote:
The market is asleep. The guaranteed SICPA earnout receivable is as good as cash. It is shown on balance sheet at its discounted value and is equivalent to holding a high quality bond with a 10% yield.

Cash + marketable securities + earnout receivables =

8,543,242 + 4,216,922 + 1,500,000 + 4,766,975 = 19,027,139

o/s shares = 90,750,238

Cash per share = $0.21