
Maybe the 10 cents gap between the mother and warrant is because of the dividend. So back in July, people already knew about that.
But how come the mother is still weak? How can people accept that 13% yield is reasonable but not high?
I thought the result should bring it to $1 like OSIM.
keepinvest ( Date: 21-Jul-2010 10:45) Posted:
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very sad.. hold for 1 yr liao.. then let go.. then it fly.. damn sader
expected dividend was around 4 cents.
Result announced. Dividend 10.5c per share. Yield almost 13%.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_B2248404B773B99D4825777C0017D7ED/$file/TOGL_Q3FY2010-Results.pdf?openelement
It depend how the profit guidance will be.
Dual listing. What a surprise.
MISCELLANEOUS :: PROPOSED SUBMISSION OF APPLICATION OF ADMISSION TO TRADING ON THE TAIWAN STOCK EXCHANGE (“TSE”) OF TAIWAN DEPOSITORY RECEIPTS (“TDR’)
It will report the result tomorrow. With the recent trend, a good result is expected. So it could be like SIA, reporting good result and fly, or like NOL, reporting good result but sink.
I'm still holding on to the warrant, hope it can fly further.
The warrant is running super fast.
It has moved up a lot with no news about improvement in its fundamental. What we know is it's likely to declare a dividend after declaring nothing in Jan and May this year. It paid a total of 3.75 cents last year, so we should expect at least 4 cents this round given improved economy, some 5% yield for the price now.
Another fundamental change going to happen is the NAV and EPS. All warrants are to be exercised soon. This should give the company extra cash to finance the growth. Exercise price is above its NAV, so NAV will go up. But it also means dilution, so EPS may go down.
I'm holding its warrants, already doubled and towards triple. I'm not sure if I should wait to exercise or take profit.
Why the sudden spike up?
Announcement in SGX: Technics completes delivery of topside equipment for wellhead satellite offshore platforms, BK-14 and BK-15, from Vietsovpetro, worth S$40 million
http://info.sgx.com/webcorannc.nsf/AnnouncementToday/41F34D4802B2F481482577670016BA2D?opendocument
"Technics is expecting to announce its 9 months ended 30 June 2010 results on 11 August 2010."
It's holding up well at above 70c. Its warrant is also hovering around 20c. With an exercise price of 40c, there is a huge gap of 10c. I wonder whether the gap will widen or close when the warrant expiration date approaches. Any view?
Target price reached. Upside is limited.
http://mystocksinvesting.com/singapore-stocks/technics-oil-and-gas/technics-oil-and-gas-reached-the-price-target/
freeme ( Date: 09-Jul-2010 15:27) Posted:
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wah.. after i pui, it goes even higher.. really bloody angry
always kana played out by fate.. throw liao then fly.. after holding more than a year didnt move up.. pui
Looks like current price is a good entry level for medium term investment.
http://mystocksinvesting.blogspot.com/2010/05/technics-oil-gas-good-entry-level.html
read edge.. it says dividend will be abt 4.2cts.. I think once cfm will shoot above 60cts
im holding since last yr also..
Hulumas ( Date: 12-Apr-2010 23:14) Posted:
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I still hold this counter. I think it will break up to another new high I suppose.
freeme ( Date: 12-Apr-2010 16:12) Posted:
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Be patience man. Yo btw todays techoil publish a good news that i believe may Up its revenue with its acquisition below:
ACQUISITIONS AND DISPOSALS :: DISCLOSEABLE TRANSACTION :: ACQUISITION OF 54.67% OF THE EQUITY INTEREST IN WECOM ENGINEERING PTE LTD