Eurocontrol Technics Ord EUCTF

UBS Takeover?

[xsnrg]

I wake up everyday and I check the newswires for a takeover offer for EUO.  I figure with the deal we signed and the market cap being about half of what that deal is worth it's only a matter of time.  

Then it hit me...the smart way to do it would be to buy a bunch of shares first and then you could make a formal offer for the remainder of the company.  Hostile takeovers save you a ton of cash.  

Then today I saw EVEN more relestless buying by UBS and it hit me....these guys are going to buy us.  Buy up 10-20% of the company at a 13 cent average and then buy the remaining shares at a premium call it 30 cents and you just bought the company for roughly $20-22M which, funny enough, is worth LESS than the entire deal with SICPA.

[sheepherderdog]

Good post. I think you are on the right track. That UBS buying is almost assuredly SICPA related and you can pretty much bet that once it gets to the point of SICPA having to pay 5 or 10 mil in royalties they will just do a T/O of EUO. Look for an advance warning notice soon that they have acquired 10% of EUO. They are about 1.5 or 2 mil shares away from that.   They just agreed to pay the

[xsnrg]

Totally agree, I am literally out of cash or else I would be buying even more.  My EUO holding is getting so big it's scary and I STILL want more.  I have never seen a buying opportunity like this, 26 cent deal gets annouced, shares drop in price to below 13?  Great for people who are paying attention to make some easy cash.  That's hard to come by these days.  

[rozelli]

Y since they announced the deal I feel it's is my most secure holding...at .16 no less.  On the way to crack the .20's  area where it deserves to be.