Technics Oil & Gas

More
14 years 3 months ago #4239 by Dongdaemun
After a few months of lull, the company bought back 1.98 million shares last Friday at $0.7168/share. Seems like a positive sign ahead of its next set of results. Anyone knows much abt this babe????

Please Log in or Create an account to join the conversation.

  • neontet
  • Visitor
  • Visitor
14 years 3 months ago #4270 by neontet
Replied by neontet on topic Re:Technics Oil & Gas
The warrant has done well in the past two or three trading sessions, up from 21 to 24 cts now. The warrant is at a discount to the mother. Exercise price is 40 cents. Add the 24 and you get 64. Mother is doing 73 cents. However, note that the warrants cannot be exercised yet until they approach maturity - sometime in November 2010. Good luck...

Please Log in or Create an account to join the conversation.

More
14 years 3 months ago #4306 by MacGyver
Replied by MacGyver on topic Re:Technics Oil & Gas
Company announced that they are doing TDR. This is really interesting. A Singapore oil & gas company that feels that Singapore investors don't recognise its value and want to go Taiwan for better valuations. Singapore Stock Exchange, you lose face la...

Please Log in or Create an account to join the conversation.

  • neontet
  • Visitor
  • Visitor
14 years 2 months ago #4328 by neontet
Replied by neontet on topic Re:Technics Oil & Gas
10 cents dividend coming. alredy announced. waiting for cum-dividend. I think it wont be so soon as the company prob wants the price to be supported until the warrants are exercised in November. Gv out dividned too early and the stock price will jump and then go ex-dividend without any benefit to the warrant holders.

Please Log in or Create an account to join the conversation.

More
14 years 2 months ago #4330 by pjd
Replied by pjd on topic Re:Technics Oil & Gas
Just sold mother share and hold only warrant. More value with warrant.

Please Log in or Create an account to join the conversation.

  • neontet
  • Visitor
  • Visitor
14 years 2 months ago #4331 by neontet
Replied by neontet on topic Re:Technics Oil & Gas
Agree that warrant carries more value, mainly because of the leverage it offers. Every 1 cent up in the mother (83 cents now) leads to 1 cent up in the warrant (33 cent), so of course the leverage is much appreciated.

Please Log in or Create an account to join the conversation.

Time to create page: 0.226 seconds
Powered by Kunena Forum
 

We have 2016 guests and no members online

rss_2 NextInsight - Latest News