Technics Oil skive on dividend

Technics' Q1 FY2012 net earnings increases 31% y-o-y to S$4.2 million but hey! where's the beef?  No dividend declared!

Many are expecting at least a dividend rate of $0.03 and whilst a few other (rating houses) expecting special dividend as well.

Anyway, l have collected my due (the expected dividend) in the week of 13 Jan.