Tech Oil & Gas

TechOil&Gas Squeeze

Technics – Record earnings this year Analyst: Yeak Chee Keong

In an unrated report, Kim Eng analyst Yeak Chee Keong said that Technics Oil & Gas is likely to enjoy record earnings for the financial year ending Sep 2012, citing its strong orderbook of SGD95.5 million. At a recent close price of 92 cents, analyst consensus estimate dividends of 8 cents translate into an attractive yield of 8.7%.

Here’s what Mr Yeak likes about Technics: 1. Technics is making a bigger presence in Vietnam’s oil and gas sector via the proposed purchase of a local offshore fabrication yard. This would facilitate its bid for projects that require local content and also improve its efficiency in project execution in the region. 2. Management emphasised that volatility in oil prices has less of an impact on its business as its equipment are used for production and storage functions. Oil majors also have a longer-term perspective when they make capital spending. 3. Technics is preparing to spin off two of its contract engineering subsidiaries for a separate listing on the Gretai Securities Market of Taiwan in June 2013 in hopes of better valuations.

controlled stock.... very diff to move.... but when news out to public...then the herd comes in..then only i hope and really pray the price will cheong to the sky....sigh ...wish me huat.

better than nothing:)

yeeen123 ( Date: 05-Jun-2012 17:42) Posted:

But the month of dividend payout doesn't seem consistent, it has not pay dividend for quite some time. Is the 8-cent part 1 of the payout or the final payout?

paul1688 ( Date: 05-Jun-2012 14:08) Posted:

From AmFraser.

The oil & gas industry has a positive outlook as elevated oil prices encourage capital expenditure in the sector. Oil & gas engineering and procurement integration services provider, Technics Oil & Gas, is a niche player in integrating process modules for FPSOs. In Southeast Asia, it is a leading player for supplying and installing FPSO gas compression systems, the vessel's key process module. The company has a strong earnings record: 5-year revenue CAGR is 20%. 1H2012 net earnings grew 19% year-on-year to S$10.3 million and net profit margins have remained above 10% in the past 3 years. It also has a consistent dividend track record, having paid 10.5 cents for FY2010 and 12 cents a share for FY2011. The company has guided for an 8-cent dividend for its 3Q2012 results which will be announced in July, according to a AmFraser report dated 12 Apr. This means the dividend yield is as high as 9.0%, based on its recent stock price of 88.5 cents. AmFraser has a ‘Buy’ recommendation on Technics with the target price at S$1.22.

finally moving.....8 cents div announcement coming in july quarter results....

dyodd

http://sgxreports.blogspot.sg/2012/06/technics-oil-gas-limited.html

The company has guided for an 8-cent dividend for its 3Q2012 results which will be announced in July,

Technics Oil & Gas – 9% dividend yield

But the month of dividend payout doesn't seem consistent, it has not pay dividend for quite some time. Is the 8-cent part 1 of the payout or the final payout?

paul1688 ( Date: 05-Jun-2012 14:08) Posted:

From AmFraser.

The oil & gas industry has a positive outlook as elevated oil prices encourage capital expenditure in the sector. Oil & gas engineering and procurement integration services provider, Technics Oil & Gas, is a niche player in integrating process modules for FPSOs. In Southeast Asia, it is a leading player for supplying and installing FPSO gas compression systems, the vessel's key process module. The company has a strong earnings record: 5-year revenue CAGR is 20%. 1H2012 net earnings grew 19% year-on-year to S$10.3 million and net profit margins have remained above 10% in the past 3 years. It also has a consistent dividend track record, having paid 10.5 cents for FY2010 and 12 cents a share for FY2011. The company has guided for an 8-cent dividend for its 3Q2012 results which will be announced in July, according to a AmFraser report dated 12 Apr. This means the dividend yield is as high as 9.0%, based on its recent stock price of 88.5 cents. AmFraser has a ‘Buy’ recommendation on Technics with the target price at S$1.22.

wah thanks Paul for the report.... still holding tight....wait for the div announcement...hope we huat on this

From AmFraser.

The oil & gas industry has a positive outlook as elevated oil prices encourage capital expenditure in the sector. Oil & gas engineering and procurement integration services provider, Technics Oil & Gas, is a niche player in integrating process modules for FPSOs. In Southeast Asia, it is a leading player for supplying and installing FPSO gas compression systems, the vessel's key process module. The company has a strong earnings record: 5-year revenue CAGR is 20%. 1H2012 net earnings grew 19% year-on-year to S$10.3 million and net profit margins have remained above 10% in the past 3 years. It also has a consistent dividend track record, having paid 10.5 cents for FY2010 and 12 cents a share for FY2011. The company has guided for an 8-cent dividend for its 3Q2012 results which will be announced in July, according to a AmFraser report dated 12 Apr. This means the dividend yield is as high as 9.0%, based on its recent stock price of 88.5 cents. AmFraser has a ‘Buy’ recommendation on Technics with the target price at S$1.22.

Gosh man i am getting worried...this one can still hold> ?? can anyone advise?/ thanks ...everyday droppin ni...

but then isnt it good to be buying something tha tis promising dividends soon rather than those stocks got nothing to support price movet up one?//i dont understand investing stmes

the reason are ppl are not buying because market is very unstable...

tea444u ( Date: 29-May-2012 21:43) Posted:

no one here keen on 8 cents dividend ...collect now before announcement is official....

8 cents dividend in July... i am slowly accumulating....

Kim Eng Report

http://sgxreports.blogspot.com/2012/04/technics-oil-gas.html

Last:0.94 Vol:2702k

+0.035

up up up !..

i'm interested to trade this stock..

why follow the herd?

ozone2002 ( Date: 14-Feb-2012 21:32) Posted:

This is one of the better fundamentally sound stock i've analysed..

superb returns for shareholders.. n 8% dividends..

will vest tomorrow...or if it dips

fundamental and results are good...plus the stock give dividend...but so what, no one interested to trade this stock...

ozone2002 ( Date: 14-Feb-2012 21:32) Posted:

This is one of the better fundamentally sound stock i've analysed..

superb returns for shareholders.. n 8% dividends..

will vest tomorrow...or if it dips

Technics Oil & Gas Ltd announced that today it has been awarded 3 contracts worth S$8.1 million in total. The EPCC contracts from customers in Southeast Asia region for the supply of 5 units of Vapor Recovery Compressor Packages. (S$0.845, -%)

Technics Oil and Gas Limited announced that it has secured another EPCC contract from JV Vietsovpetro for the provisioning of the topside equipments for wellhead satellite platforms named GT-1 for the “White Bear” and MT-1 for the “White Cat” oilfields in offshore Vietnam , worth an estimated S$32 million.

http://sgsharemarket.com/home/2011/09/singapore-company-highlights-14092011/?=TechOil

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TechOil&Gas Squeeze

http://sgxreports.blogspot.sg/2012/06/technics-oil-gas-limited.html

Technics Oil & Gas Ltd announced that today it has been awarded 3 contracts worth S$8.1 million in total. The EPCC contracts from customers in Southeast Asia region for the supply of 5 units of Vapor Recovery Compressor Packages. (S$0.845, -%)