Technics Oil & Gas

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13 years 3 months ago #6638 by Joes
Replied by Joes on topic Re:Technics Oil & Gas
Corrected to 94.5 cents. Buying Opportunity?

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13 years 3 months ago #6704 by Joes
Replied by Joes on topic Re:Technics Oil & Gas
Still at 94.5 cents -- worth a buy considering that Robin & David bought recently near $1.00

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13 years 2 months ago #6771 by yeng
Another dividend! 3 cents a share.

These guys at Technics are the most generous! Of course, they also benefit as major shareholders......

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13 years 2 months ago - 13 years 2 months ago #6780 by Dongdaemun
Replied by Dongdaemun on topic Re:Technics Oil & Gas
From AmFraser report:


Technics released a set of excellent 3Q results yesterday and met our expectations of 12c dividend this year by declaring the last 3c. At the current price of $0.965, this translates into a full-year yield of 12.4%. Looking forward, we expect a further 8c for FY12, and including price appreciation to our FV, total return is 34%. Technics ranks high on our stock picks for its high dividend yield backed by strong core operations
Last edit: 13 years 2 months ago by Dongdaemun.

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13 years 2 months ago #6798 by yeng
Replied by yeng on topic Re:Technics Oil & Gas
Corrected to 91.5 cents. Buying Opportunity?

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13 years 2 months ago #6821 by yeng
Replied by yeng on topic Re:Technics Oil & Gas
Based on AmFraser report (see below), Technics has signalled to the market that it is planning to pay out 8c in dividends for FY12.

Stock now at 91 cents, which is going to prove to be a bargain becos of the yield alone ... that's 8.8% yield.

There is a 3-c payout coming soon (from its 3Q result), and nothing for the 4Q. Technics is one of those weird companies that dont want to pay final dividends which take too long to dish out cos of the need for shareholder approval at AGM. So they pay in 1Q, 2Q and 3Q --- hahahaa... clever! 

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