Eurocontrol Technics Ord EUCTF

Cash price vs market price

[SuperMoney]

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.)

[newdaydawning]

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]

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

[newdaydawning]

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.

[Chutzpah]

Wait, is this "Pumper's Amateur Hour"???  Some nerve to say current EUO cash position is 12c a share. EUO is consistenly burning 6-7 M a year from operations and expenditures before the 1.5M earn in from SICPA. Cash + receivables - payables at 8.6M, add 750k from SICPA paid in July and substract around 2.3 M from 4 further months of money burning ops and cash now must be

[kidl2]

This whole cash valuation thing conjures up images of someone keeping a camp fire alive with dollar bills instead of just using them to get the fire started and even then it's a piss poor use of “paper” while some $14 Mil in cash would have bought a lot of kindling.

[Raptorman2013]

your writing conjures up images of a truck-load of pure BS! And your driver is SH!T-SPA! Everything is going well at EUO folks. That's why there is ~750K wall up at 0.65!!! 

[Chutzpah]

Sure, its going so well that stock is down 65% for the year and the main bagholder feels the need to be all day here "defending" EUO from the people who is calling the clear bear scenario. Parrot, dont you realize that you are actually driving any potential investor AWAY with your childish daily nonsense ? Keep it coming..... this is some seriously entertaining  board !!!  LOL&

[Raptorman2013]

you actually think people make investments based on what they read on these boards, SH!T-SPA? Haha. You are a great example of a person with their head up their @ss. I really don't care if anybody buys shares of EUO. Nothing that happens here will have any effect on the EUO's long-term situation. I'm having fun!

[Chutzpah]

Sure sure Parrot, you never learned about EUO on Stockhouse, it must have been reading Hareetz or maybe it was the Jerusalem Post ??? LMAO give me a f&king break !!!

[Chutzpah]

Nothing that happens here will have any effect on the EUO's long-term situation Agree 100% BTW You can start asking your broker for the paper share certificates, will save you toilet paper costs!

[Raptorman2013]

I am not going to argue with you on anything regarding a toilet! You are the expert there. However, go through usernames like toilet paper...