Welcome to the EuroControl Technics Group (EUO.V) board.
Setting up this board has long been one of my “if I ever get around to it” projects as there is a StockHouse (SH) board. Actually it shouldn’t be called a board. The term “Blog” would be much more applicable as it has a fair number of readers but virtually only one poster. Yes, that would be yours truly :-)
Now that SH has finally managed to completely screw up their platform, it seems to be the perfect time to make my / EUO's (long overdue) escape from SH.
I’ll start this new board by transferring some of the old SH posts in case anyone is interested in EUO’s (more recent) history, status quo, problems and potential. Be forewarned, some of these posts are chockfull of (possibly very wrong) opinions and conclusions.
I’ll update the forum header (relevant links) as I go along.
Website: http://www.eurocontrol.ca/
Corporate Presentation: http://www.eurocontrol.ca/data/presentation/files/EUO%20Presentation%20June%202013.pdf
Fact Sheet: http://www.eurocontrol.ca/data/presentation/files/Eurocontrol%20Fact%20sheet%20June%202013.pdf
News: http://www.eurocontrol.ca/news/news.aspx
Wholly owned subsidiaries:
GFI – Global Fluids International: http://www.gfi-petromark.com/ (My favourite as it ties in with some of my oily interests)
Xenemetrix: http://www.xenemetrix.com/ (which I semi like but admittedly only semi understand)
Xwin Sys: http://xwinsys.com/ (which is largely beyond my pay-grade)
Vitals as of June 2013:
Cash Position: ~$1,400,000 (cash flow positive)
Shares Issued: 89 Mil
Shares F/D: 107 Mil
Insiders: 15%
Institutional: 25%
Related Party: 20%
On a personal note ... I have been in and out of EUO (100’s of trades) since 2005. As a result of these trades, the stock doesn’t owe me anything. When I first got into EUO I (unfortunately) knew nothing about Stan Bharti / Forbes Manhattan and their modus operandi. Goes without saying that the learning curve was a steep and initially expensive one. As a result my interest in EUO “faded” for a while but was rekindled by Mr Bharti’s / F&M’s departure / relinquishing of control. Unfortunately it is unknown if this group still holds shares as they are no longer required to file insider trading reports. |
