Eurocontrol Technics Ord EUCTF

18 cents

[green24]

We first hit 18 cents in August last year.  Here we are more than 10 months later, and still at .18 cents.

We really could use some news of a GFI contract.  Even if it is only a small one that doesn't manage to pay SICPA back what they are about to start paying us in royalties.   Just something, anything, for the market to point at so we can say "It starts here".  

I know these deals take a heck of a long time to put together, but wow, I'm shocked that there hasn't been a trickle of news about it roughly six months after the sale closed.  I did not expect this.

I kind of hate that SICPA is private and doesn't have to keep the market informed about any potential or material progress they are making.   We might only ever find out how they are really doing when the quarterly report for EUO gets released after each semi-annual royalty payment is paid months earlier.

I guess the first royalty payment should arrive some time in July.  So lets see.  End of August we will get the Q2 numbers, which won't yet include the royalties.   End of November we will get the Q3 numbers and then know if SICPA paid the minimum amount or something more in July.   Sheesh.  Isn't there a more real-time way to find out?  My fingers are crossed that Bruce is able to find out AND let us know, the moment contracts are signed.

[Trooperhobo]

I think this will play out depending on how well SIPCA is doing on contracts...if they are slow out of the gate since January, and only the minimum payment of $750K is coming our way, then the scenario you described will probably unfold.  But if they have been successful, I think it is in EUO and SIPCA interest to get some early indication of the payment out to the market. Afer all SIPCA are

[stack]

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[Trooperhobo]

Possibly...but being a private firm they are under no obligatiion to let anyone other than EUO know...if there are leaks most likley from the jurisdication that they do a contract with, but possible the contract has very strict  clauses about public disclosure...yes the market has priced the minimum payments in...but at a discount..this should be trading still higher...we should be at least

[stack]

This post has been removed in accordance with Community Policy

[marketsense]

in total agreement and unfortunately this has been EUO's fault to a great extent.  When you are undervalued it is for a reason and I think we all know on this thread what the reasons are. The selling pressure is only the sympton,  not the disease.  EUO has tied itself to a private company which operates secretively so information flow is stifled at the highest level only to be