Eurocontrol Technics Ord EUCTF

Cash in the bank

[Eagleeye2468]

They have plenty of not 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.

[Spiegel62]

Sure, selling under cash value with 2 ONGOING businesses : Xenemetrix and XwinSys + a royalty stream for 9 years. Whats not to like? Market is out to lunch on EUO. Here´s just what I think of future royalty stream and what it does in terms of valuation for EUO. Xenemetrix to benefit bottom line further from SICPA gaining traction on GFI contracts. XwinSys Blue Sky thrown in for free. Fuel

[green24]

$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

[green24]

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

[Spiegel62]

You are dreaming if you believe for a moment future cash in the bank will be just $9M ....

[lscfa]

McWhirter, EUO is largest holding in his div & growth fund 13%

[Spiegel62]

 div & growth...     looks to me McWhirter has it figured about right....