tag:blogger.com,1999:blog-6092311610759487605.post4601743911782259752..comments2023-10-30T22:07:56.600+08:00Comments on SG Budget Babe: What's the Story Behind Technics Oil and Gas (SGX: 5CQ)?Unknownnoreply@blogger.comBlogger7125tag:blogger.com,1999:blog-6092311610759487605.post-32271120243800928392016-06-04T21:53:47.701+08:002016-06-04T21:53:47.701+08:00Woah, you mean the building has been empty for som...Woah, you mean the building has been empty for some time already? So Tech O&G were essentially paying rent for a place they did not use? Not quite sure I understand...Budget Babehttps://www.blogger.com/profile/05940384920609566419noreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-71607265756226582122016-06-04T21:53:16.835+08:002016-06-04T21:53:16.835+08:00I'm definitely staying out of O&G stocks f...I'm definitely staying out of O&G stocks for now!Budget Babehttps://www.blogger.com/profile/05940384920609566419noreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-70617029354119238692016-06-02T07:52:29.807+08:002016-06-02T07:52:29.807+08:00Before this saga happened. Me and one of my collea...Before this saga happened. Me and one of my colleague already smell rats on this company beginning of last year.<br /><br />Tech O&G company juz located two buildg away fr the firm we work. Every morning we walk pass their company whenever we go for our meal.<br /><br />The buildg whc own by Soilbuild now has bn vacanted till today. It even took god knows how many years to complete the still vacanted buildg.<br /><br />The strange part is thier last year share price was still resilient while other more reputable o&g firm share price have already drop like flies.<br /><br />Thinkg of shortg this company share since last year.Anonymoushttps://www.blogger.com/profile/00467156371020317579noreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-53296081099688482972016-05-22T12:47:51.590+08:002016-05-22T12:47:51.590+08:00Agree with Rolf, Jason Holdings is in bigger troub...Agree with Rolf, Jason Holdings is in bigger trouble and has creditors chasing them.<br /><br />The current oil situation is quite bad. Being an active reader of the SGX announcement page, you can see that many oil related companies are experiencing cancellation of orders (Nam Cheong, Penguin) or squabbling over contracts (Semb Marine Mermaid). On the p2p scene, there is a company whose customers are in the O&G field who had defaulted (Scan Tech Marine), not sure how did Moolahsense resolve this crowd funding default<br /><br />Choon Yuanhttps://www.blogger.com/profile/12611026055011755624noreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-26860233214209050522016-05-22T07:57:47.158+08:002016-05-22T07:57:47.158+08:00Nice summary and nice graphics.
Nice summary and nice graphics.<br />Thomashttps://www.blogger.com/profile/12142373560720155788noreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-78096955090167149402016-05-21T23:53:04.873+08:002016-05-21T23:53:04.873+08:00As much drama in Jason Holdings too? :PAs much drama in Jason Holdings too? :PBudget Babehttps://www.blogger.com/profile/05940384920609566419noreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-75746445564881555552016-05-20T22:04:12.281+08:002016-05-20T22:04:12.281+08:00Hi BB,
This is not uncommon in business because p...Hi BB,<br /><br />This is not uncommon in business because perhaps this is really the first time a major or more sustained crisis has hit Sg (oil co). So that now more people is talking. Having in the business of oil and gas, I have heard sonny stories which retailer prolly unaware. <br /><br />The biggest problem to Singaporeans is the last real crisis happened almost 20 yrs ago and everything has been too smooth sailing for the country that the pple tend to be overconfident. <br /><br />In last 13 yrs SARS, GFC crisis I had experienced but while companies struggled for a short while, they recovered fast. <br /><br />So now the oil crisis had already last for 1.5 yrs, getting painful. If a sustained economic crisis come the next time... oh dear! <br /><br />Jason holdings is in bigger trouble... Rolf Sueyhttps://www.blogger.com/profile/10723925075715114650noreply@blogger.com