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 > Cash price vs market price

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Comment by newdaydawningon Nov 05, 2017 8:13pm

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Post# 26909441

RE:RE:RE:Cash price vs market price

Q3 results are a tough call. The only clue we have was Bruce Rowland's comment during the release of Q2 earnings when he suggested EUO would post a strong second half. As for the Xwinsys contracts, Rowlands told a business reporter earlier this year that as many two deals would be reached in 2017. As you can see from the SP, the market is not buying what he said.

SuperMoney wrote: Thank you, newdaydawning. What do you expect for both of the Q3 results and the contract as you mentioned? Thanks again.

newdaydawning wrote: SuperMoney, the current downtick in EUO's SP will likely be reversed if the Q3 results suprise to the upside - greater than $700K revs. Additionally, patient longs are hopeful that Xwinsys will soon secure a contract for its wafer inspection system. If both occur, you can bet that we will be trading closer to $0.12

SuperMoney wrote:
Based on EUO's quarterly report, at the end of June, 2017, EUO had $12.055 million of current assets. Total assets was $17.188 million. But total liabilities was only $1.047 million. Given 90.750 million of total shares, the cash price per share is ($12.055 - $1.047)90.750=$0.12 per share. However, the current market share price is only $0.07. Will the distorted market last long? Or will be corrected soon? Also please see the insider buys at: https://m.canadianinsider.com/company?menu_tickersearch=EUO%20%7C%20Eurocontrol%20Tech%20Grp ------------------------------ (Please be noted that this is only my thoughts/opinion based on my understanding. It is not a financial advice. Do your own DD and invest your money wisely. Cheers.)