Shares & Derivatives
More problems for Technics Oil and Gas following Soilbuild’s owe money pay money
By Investment Moats  •  May 19, 2016
After today’s post that it is likely Technics Oil and Gas will have difficulty in paying Soilbuild Business Trust for their sale and lease back rental, today there are more announcements that perhaps Technics is a going concern. This evening there are 2 more announcement. The first announcement refers to the failure to follow through by a customer on a potential lifeboat built. An announcement of a contract is sometimes never the same as when a payment milestone is met and cash flow is recorded. And they have 2 owe money pay money situation to add on top of Soilbuild Business Trusts. Interestingly, if you like High Yield Dividend Stocks, Technics can be considered a real one where they pay good dividends in 2010 and 2011. A failure to understand property business prospecting may cause you to not ask the important question: Are those two years the ......
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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