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 > Just how under-valued is EUO?

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Comment by lscfaon Apr 15, 2017 1:25pm

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Post# 26124348

RE:Just how under-valued is EUO?

The accounting has confused Ubika as well....the guaranteed SICPA earnouts are not recorded as revenue but rather as receipt of amounts due....

"Eurocontrol generated $947k in revenues for the first nine months of 2016, with an additional $1.5mm expected in earn-outs from the GFI sale."

newdaydawning wrote: Here's what Ubika Research said in Jan 18 report when the SP was $0.15

With a market cap of just over $13mm, the value assigned by the market to EUO’s shares is out of whack. Considering that Eurocontrol has $14.3mm in liquid assets, additional guaranteed cash flows of $7.5mm in the next five years, as well as huge upside from its three business divisions, the Company should be trading at much higher levels.

https://www.eurocontrol.ca/images/reports_and_filings/independent_reports/2017/Ubika_Equity_Research_Jan18-17.pdf