Transportadora De Gas Del Sur SA (TGS)

[Aldamar]

It is a matter of integrity and moral principle, there we agree. That said, beyond you following the advice I gave to verify with grayling, and rescinding your false statements promising non existent dividends to people who actually may have a stake in this stock, you'll get no apology from me. Your statements were uneducated ( reference your claims to this stocks excellent history of dividends), ignored my shared information for which I offered methods to confirm, and I've no reason to believe any of your claims on stock ownership. I won't air any more of this on the board, my concern is, again, making certain that nobody is led astray.

If I am mistaken, I look forward to the moments in my life in which I may be humbled and learn.

[Rustler]

I respectfully request that you NOT accuse me of pumping this stock. Currently I own ZERO shares of TGS. Why the hell would I want to pump the price UP to purchase the stock for MORE money than I could do so right now??? You impune my intergrity with your flippant accusations, and I do not appreciate it.

I seek only to continue investigation TGS as a potential investment; pumping the stock certainly plays no part in that objective.

[Aldamar]

Nevermind, sir. I think for any savvy passerby I've made my point that you're just trying to pump this stock, and if they are worth their salt they'll check into it. It's easy to see that this stock has a relatively poor history of dividends (4 in the passed 10 years from what I can see, at approximately $.034, $.025, $.019, $1.477 respectively) minus last year's excellent one, and it's easy to call Grayling (or e-mail them) to find that dividends were not voted on this year, and thus there will be no dividend.

I just don't like seeing folks mislead, and wish you would stop trying to do that. Call me crazy. Or, better yet, prove me wrong, e-mail Grayling, and post up a response.

[Rustler]

If that is true, why are you worried they will cut the dividend? I mean, if they're not going to cut the dividend, we should expect a similar one to last year. No?

[Y]ou will find that cutting a dividend was not discussed at this year's shareholders meeting.

[Aldamar]

Yes, great dividend last year. Previous to that, pennies per share. And, if you actually took time to read my initial post, you will find that cutting a dividend was not discussed at this year's shareholders meeting.

Anybody who doesn't believe me, or wants to validate that evidence, can most absolutely call our shareholder liaison at Grayling in New York (just check the web site). That's where I received my information - so if she tells you something different please let me know.

Not a big deal for me, I know what's going on.

[Rustler]

Check TGS' history of dividend payments over the past five years, average them, and that will give you a good idea of what to expect. TGS is a rock; it's a utility company for Heaven's sake... not your typical small cap!

[Aldamar]

I told you, there's no dividend coming - bad karma to pump like that. I would gladly accept being proven wrong, but unless you can offer some kind of evidence that there's actually a dividend coming you should settle back.

This stock is making a pretty steady comeback - minus today's hit - and I agree with DAD that this still probably has pretty good value. I just wouldn't bank on a dividend.

[Rustler]

Even in turmoil, peoples and nations like Argentina must have natural gas!

[DAD2]

Turmoil in Argentina:

http://www.reuters.com/article/2012/04/30/us-emerging-investments-grab-idUSBRE83T0PV20120430?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28News+%2F+US+%2F+Business+News%29

[Rustler]

Almost time to BUY to qualify for the FAT ASS annual dividend for which TGS remains so famous!!! :D

[DAD2]

I agree also earnings are going to be out on or around the 26th of April, this is showing way oversold imo.

Company profile:

http://www.adrbnymellon.com/dr_profile.jsp?cusip=893870204

[Aldamar]

It's entirely speculation on my part, but I'm guessing that (since the investor meeting was about a week ago) price drop may be related to folks realizing that there is not dividend coming. And of course, all that press release says is that they aren't saying anything about the sharp decline.

Still good value IMO too, I'll shortsale this and re-up next january-ish, in case they decide to move another big dividend.

[DAD2]

Thank you for the link, hopefully investor relations will update the dividend info in a public statement or filing i had found a press release about their postion on the share price decline.

http://media.bloomberg.com/bb/avfile/rlJNgw7hDE40

[Souled0ut41]

Thank you for the info. Somewhat disappointing, but at a P/E ratio of 7x when the industry average is about 20x, this is still a good value play imo.

[Aldamar]

Grayling is a company in new York, the American investor relations contact is there. http://www.tgs.com.ar/Investors/Contact check out the English version of the Web page, there's plenty there, and the folks at grayling have been good about replying to my emails within a business day.

[DAD2]

Thank you for the update, what was the date of the last shareholders meeting and can you send a link for the last proxy statement that had the dividend vote in it.
Where is Greyling located in Argentina?

Thanks in advance and happy trading.

[Aldamar]

I don't post often, but thought I'd give you all a fair heads up - there is no dividend this year. As a result of the large one last year, this was not proposed at this years shareholder meeting.

Check with the investor relations lady from Grayling - that's where I got my info. good luck all and happy trading.

[Rustler]

NOT LONG... load the boats while you can!!!

[Souled0ut41]

Already hit $2.30 this morning. Above average volume so far today. Hope to see this bounce to the $2.80-2.90ish levels it sat over the last few months.

Anticipating the annual Dividend sometime in May!!!

[revtruelove]

How long will this stay below $2.25? I am trying to free up more money to buy more shares!

[Souled0ut41]

Agreed.

[Rustler]

Score cheap shares why we can I suppose!

[DAD2]

This should go up imo once investors figure out that this has nothing to do with the "YPF" takeover and that the accidentally high dividend yeild has shot up over 60% as it stands right now.

Also the market scanners will ping on this as it has gone into oversold levels

http://stockcharts.com/h-sc/ui?s=TGS&p=D&yr=0&mn=3&dy=0&id=p86935915276

http://www.bloomberg.com/news/2012-04-18/argentina-to-take-control-of-gas-company-belonging-to-repsol-ypf.html

http://finviz.com/quote.ashx?t=TGS


The last posted income statement looked great also:

http://finance.yahoo.com/q/is?s=TGS&annual

This it fun if your heart can take it !! LOL

[Souled0ut41]

Not certain, but I've seen this pattern with other dividend stocks when a one time or special dividend is about to be paid. It may be some type of adjustment in pps to somewhat offset the upcoming divi.

Doesn't completely make sense in theory though because these shares are being traded on the secondary market, and the divi is usually fixed at an amount per share, so pps should make no difference to the company with respect to the divi. All I know is I've seen the pattern with other stocks and have no other explanation.

Great opportunity to average down imo.

[Rustler]

I'm most interested to see where TGS goes tomorrow!

[revtruelove]

Does anyone know why the big drop today in PPS?

[Rustler]

Very odd PPS fluctuation indeed!

[Souled0ut41]

What a strange mid-day drop in pps. Great time to average down though.

$1.50 per share annual dividend historically comes in May!!!

[Souled0ut41]

Wow. More than a slight pull back here. Don't know what caused the drastic drop in pps, but picked up 500 more shares :)

[DAD2]

Oh yes in a great way !!

Bought some @ 2.00 could not resist.

[Rustler]

Last year they announced the dividend in early May with a date of record re stock ownership to qualify for the dividend in late May.

[Rustler]

I hope you mean the perfect storm in a GOOD way. I foresee TGS holding strong and paying a nice dividend, just like last year.

[DAD2]

Wow. a new 52 week low and possible divy !!

Not pumping here but this has the perfect storm written all over it as long as Argentina plays nice here imo.

http://finviz.com/quote.ashx?t=tgs

[revtruelove]

When will they announce the Dividend? It should be any day now.

[Rustler]

National issues in South America... typical risk involved in developing markets. TGS should pull through though!

[Souled0ut41]

Any idea why the pull-back over the last few days? We're already almost at the 52 week low.

[Rustler]

I agree... hopefully we are NOT!

[DAD2]

I agree, but did you get a chance to read why the other company was taken control of?

It seems that is how they plan on keeping the price in check and control the natural resources.

Scary imo.

http://www.marketwatch.com/story/repsol-shares-dive-after-argentines-ypf-move-2012-04-17?siteid=rss&rss=1

P.S.

Hopefully we are not headed down the same path:

http://www.marketwatch.com/story/obama-pushes-congress-over-oil-prices-2012-04-17?siteid=rss&rss=1

[Rustler]

Perhaps, but TGS has proven stable for a long time now.

[DAD2]

Tough country to have a company imo.

http://www.nytimes.com/2012/04/14/business/global/spain-warns-argentina-about-ypf-takeover.html?_r=1


http://www.bloomberg.com/news/2012-04-16/argentina-to-send-bill-to-congress-for-control-of-51-of-ypf-1-.html

[Rustler]

May

[revtruelove]

During the last 2 years, What date did they announce how much the dividend will be?


I am trying to free up money to buy in?

[Rustler]

Actually, I am not sure beyond the past two years.

[revtruelove]

I see that. A 50% dividend is awesome! How many years in a row have the paid a dividend?

[Rustler]

TGS pays a large divi in either May or June, at least it did last year. As far as the PPS goes, it meanders up and down a bit, but will not likely increase by much in the short term. TGS is more a dividend's fan stock.

[revtruelove]

Is TGS a good company to get into? When will the Ex-Dividend date be? When will they announce the dividend?


I am interested in this company.

[Rustler]

It wouldn't hurt! Plus dividends are coming in May or June. Date of record in May, as I remember. If the pps dips, I'll dive for some shares!

[creationtruth]

Do you think now is the time to get in? Before everyone else! OverSold!

[Rustler]

TGS Likely to Pay Strong 2012 Dividend...

LAST YEAR

Transportadora de Gas del Sur SA "TGS" Ex-Dividend for 2011 = $1.5022 per share!
TGS Ex-Dividend 2011 Pay Date : June 9, 2011
TGS Shareholder of Record Requirment Date : May 26, 2011.

THIS YEAR

Business has been brisk and TGS continues to fill significant demand for its product! Good news for the forthcoming dividend payments, which may occur slightly earlier this year!!!

[Rustler]

TGS Commences Third 3d Multi-Client Siesmic Survey

FEBRUARY 16, 2012 @ 8:00 A.M. EDT

TGS has commenced acquisition of yet another 3D multi-client seismic survey in the Outer Exmouth Plateau area off the coast of Australia. The new survey (call Gnaraloo) covers 2,093 km2 over parts of blocks WA-347-P, WA-348-P and neighbouring open acreage to the north of the Mary Rose Northeast 3D multi-client survey, previously announced in December 2011. The Gnaraloo survey concords with existing modern 3D coverage in the area. Upon completion of the Gnaraloo survey, the TGS portfolio of 3D multi-client coverage in this highly prospective area offshore Australia will exceed 14,000 km2.

The M/V Geo Atlantic seeks the seismic data the raw data intake should finalize during early Q2 2012 with final data available in Q4 2012. Industry funding (not convertible notes or capital raised from printed shares) supports the survey expenses.

COMPANY SUMMARY

TGS-NOPEC Geophysical Company (TGS) provides multi-client geoscience data and services to oil and gas Exploration and Production companies around the globe. TGS' geophysical and geological data products include multi-client seismic libraries, permanent reservoir monitoring, magnetic and gravity data, the industry's largest global database of digital well logs and regional interpretive products. TGS also provides high-end depth imaging services to help resolve complex seismic imaging problems. For more information visit TGS online at www.tgsnopec.com. Transportadora de Gas del Sur SA (TGS) lists and trades on the New York Stock Exchange (NYSE:TGS), and TGS-NOPEC Geophysical Company ASA is listed on the Oslo Stock Exchange (OSLO: TGS).

FORWARD-LOOKING STATEMENTS AND CONTACT INFORMATION

Statements in this press release other than statements of historical fact are forward-looking statements (i.e., subject to a number of current and future risks, uncertainties, and assumptions - each difficult to predict or even know about at this time). The factors involved in such risks, etc., include, e.g., TGS' reliance on a cyclical industry and principal customers, TGS' ability to continue to expand markets, and TGS' ability to acquire/process data products at costs commensurate with profitability. Actual results may differ materially. TGS undertakes no responsibility to update this statement.

CONTACT INFORMATION

Karen El-Tawil
Vice-President, Business Development
Office: [phone]
Cell: [phone]