Technics Oil & Gas

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30 Nov 2010 02:34 #4669 by Mel
Replied by Mel on topic Re:Re:Re:Technics Oil & Gas
SINGAPORE, 29 November 2010 – Mainboard listed Technics Oil and Gas Limited (“Technics” or together with its subsidiaries, the “Group”), a leading full service integrator of compression systems and process modules for the global offshore oil and gas sector, today announced that its 51% owned subsidiary, Norr Systems Pte Ltd (“Norr Systems”) was awarded the contract for two turnkey construction and a service contract worth S$25.6 million for two vessels.

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30 Nov 2010 20:40 #4672 by Dongdaemun
Replied by Dongdaemun on topic Re:Technics Oil & Gas
Hey hey just announced during this lunch break --- Technics bought back 2.4 million shares this morning!

No wonder the volume so strong.

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17 Dec 2010 16:42 #4762 by
Replied by on topic Re:Technics Oil & Gas
This babe is recovering after some consolidation - now at 81.5 cents, up 1 ct.
Taking into account the 10.5 cent dividend payable (gone ex-d already), the stock is 92 cents for those who bought before dividend went ex. Stock now is cheap at PE of only 6.5X historical earnings for FY10 ended Sept


info.sgx.com/webcoranncatth.nsf/VwAttach...2010.pdf?openelement


Taiwan TDR coming up soon.....will be catalyst for stock price jump.

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22 Dec 2010 00:23 #4778 by
Replied by on topic Re:Technics Oil & Gas
Today, Dec 21, Technics closed at 83 cents (up 1.5 cents) and volume of 1.5 million shares. My friends will exit at $1.10... me later at $1.15.

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17 Jan 2011 17:01 #4966 by pine
Replied by pine on topic Re:Technics Oil & Gas
Doing nicely - now at $1.06. After factoring in 10.5 c dividend recently, the stock is 1.165 to those investors who continue to hold. Coming up is a 6 cent dividend after CNY. Solid returns to date.
Question now is, is it going to cheong further? Anyone has a view on this?

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31 Jan 2011 21:40 #5117 by Dongdaemun
Replied by Dongdaemun on topic Re:Technics Oil & Gas
SINGAPORE, 31 January 2011 – Mainboard listed Technics Oil and Gas Limited, a leading full service
integrator of compression systems and process modules for the global offshore oil and gas sector, today announced that its 51% owned subsidiary, Norr Systems Pte Ltd was awarded another contract for two turnkey construction and a service contract worth S$25.6 million for two vessels.

Today’s contract is similar in contract size and project scope to the earlier turnkey vessel construction and service contracts announced on 29 November 2010.

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