Replies to post #4986 on Value Microcaps Junior Energy

[kozuh]

re: OT

PWEB.ob just released a very good 1st Q Report
for FY 2009 ... ((<:}

[cartonet]

OT...

I like IAE.V here

[MSGI]

Hank, This isn't a producer but it is an oil/gas related stock that you might like. WSP Holdings Limited, (NYSE WH $4.67)through its subsidiaries, manufactures oil country tubular goods products. It offers casing, tubing, and drill pipes for oil and natural gas exploration, drilling, and extraction activities, as well as line pipes and green pipes. The company also provides American Petroleum Institute (API) products, which are products manufactured according to the standards formulated by the API; and non-API products, which are products tailor-made to meet customers’ specifications. Earnings for the first quarter 2009 were 21 cents.
http://finance.yahoo.com/news/WSP-Holdings-Announces-First-prnews-15240888.html?.v=47
Here is the kicker. They will pay a 45 cent dividend to holders of record June 30th. At todays closing price, that is a 9.63% dividend. This is a special dividend. They just paid a 30 cent regular dividend.
http://finance.yahoo.com/news/WSP-Announces-Cash-prnews-14646635.html?.v=46

[littlejohn]

Does BSIC qualify?...Looks like they reported a large loss in the 4th quarter of 2008 due to asset impairment charges or something along those lines...

But which company didn't?...LJ