Boc Gas

iharry · #1 (**permalink**) 22nd February 2008, 12:44 PM

what do you guys think of BOCGAS? This stock is a silent money maker. Apreciated over 100% since Jan 08 and still moving up. The co records high profit and has great growth potential. The primary raw material "gas" is in plent suply in the country. I see a win, win, win with this company.

nezvest · #2 (**permalink**) 22nd February 2008, 05:59 PM

good investment opportunity. Middle class coming up in nigeria that can afford cooking gas instead of firewood. Possibility of cheaper source of gas as FG propose end to gas flaring

iharry · #3 (**permalink**) 24th February 2008, 09:05 PM

Rising price of gas fires BOC Gas stock by 360 percent Investors who bought the share of BOC Gas and held on to it for one year havereaped 360 percent in capital appreciation as the stock traded N18.59 February4, up from N4.05 per share February 8, 2007. Following link BusinessDay... the voice of business - Rising price of gas fires BOC Gas stock by 360 percent

iharry · #4 (**permalink**) 17th July 2008, 07:11 AM

What is driving BOCGAS? This stock is breaking away from the bear market and is consistently apreciating in value since the begining of July. I have been buying into the company to my broker's disgust and making money in this bear market.

kenebobo · #5 (**permalink**) 17th July 2008, 06:13 PM

Quote:

Originally Posted by iharry

What is driving BOCGAS? This stock is breaking away from the bear market and is consistently apreciating in value since the begining of July. I have been buying into the company to my broker's disgust and making money in this bear market.

I agree that the stock has been appreciating but the problem I have with this coy is that i dont have enough info on them hence cant make it one of the stocks in my portfolio

iharry · #6 (**permalink**) 13th August 2008, 11:58 AM

Quote:

Originally Posted by kenebobo

I agree that the stock has been appreciating but the problem I have with this coy is that i dont have enough info on them hence cant make it one of the stocks in my portfolio

Seems like no other person in this forum is interested in BOC Gas. This stock is now N26+ and rising daily.

billions · #7 (**permalink**) 13th August 2008, 12:17 PM

Quote:

Originally Posted by iharry

Seems like no other person in this forum is interested in BOC Gas. This stock is now N26+ and rising daily.

Yea, thats true iharry, considering d present situation(high cost of gas)....this is one of d stocks to monitor.Cheers.

azob2002 · #8 (**permalink**) 13th August 2008, 06:03 PM

Quote:

Originally Posted by billions

Yea, thats true iharry, considering d present situation(high cost of gas)....this is one of d stocks to monitor.Cheers.

This is very true.... pls what is the no of outstanding shares?

billions · #9 (**permalink**) 13th August 2008, 06:25 PM

Quote:

Originally Posted by azob2002

This is very true.... pls what is the no of outstanding shares?

0.39B...NOT 100% sure its correct.Cheers.

azob2002 · #10 (**permalink**) 14th August 2008, 02:31 PM

Quote:

Originally Posted by billions

0.39B...NOT 100% sure its correct.Cheers.

Yea, think you are correct, mine reads 393M... never taken a particular interest in it before; but would now!

hispy99 · #11 (**permalink**) 15th August 2008, 04:04 AM

Quote:

Originally Posted by azob2002

Yea, think you are correct, mine reads 393M... never taken a particular interest in it before; but would now!

I hope you wont be joining the train when passengers are about to disembark. Either something is brewing or some people are manipulating the price.

BLUEMONEY · #12 (**permalink**) 15th August 2008, 09:15 PM

Quote:

Originally Posted by hispy99

I hope you wont be joining the train when passengers are about to disembark. Either something is brewing or some people are manipulating the price.

it seems something is brewing. it gained 4.98% today.

olusolakemmy · #13 (**permalink**) 16th August 2008, 02:50 PM

Quote:

Originally Posted by BLUEMONEY

it seems something is brewing. it gained 4.98% today.

yes it gained on friday, but be careful, in this present market, fundamental is no longer the baseline for investment, except and except for longterm purpose only in which case fundamental still hold water

BOC early last was about N5, moved to about 14 then back to 10, it stayed at 10 for a while before hitting 29 now.

anyway, if the shares outstanding is 395m, whats or how is there last result?
whats there projection? EPS and PE?

aLSO The fact that they depend on gas make it a high risk investment as we are in nigeria where goverment make and cancel policy at any timee T.

i

iharry · #14 (**permalink**) 16th August 2008, 04:04 PM

Quote:

Originally Posted by BLUEMONEY

it seems something is brewing. it gained 4.98% today.

BOC Gases is Nigeria's leading suppliers of industrial, medical, special gases, welding and safety products. They are part of The BOC Group, one of the largest and most global of the world's great gases businesses. The company produce and market Compressed oxygen, nitrogen, carbon dioxide, argon and acetylene. A full range of bulk industrial gases. Medical gases, refrigerants, welding equipment and consumables, personal protection equipment.

Parent company for BOC Gases, Afrox, Linde Gas, Linde Engineering aBOC (part of The Linde Group) has a 56% shareholding in Afrox Ltd which is sub-Saharan Africa's market leader in gases, welding consumables, safety products and services.
Afrox supplies industrial gases, medical gases and scientific gases and equipment. Afrox is the major supplier of industrial and medical gases in South Africa. Afrox also supplies Angola, Botswana, Democratic Republic of Congo (DRC), Kenya, Lesotho, Malawi, Mauritius, Mozambique, Namibia, Nigeria, Seychelles, Swaziland, Tanzania , Uganda, Zambia and Zimbabwe.

BLUEMONEY · #15 (**permalink**) 16th August 2008, 04:09 PM

Quote:

Originally Posted by olusolakemmy

yes it gained on friday, but be careful, in this present market, fundamental is no longer the baseline for investment, except and except for longterm purpose only in which case fundamental still hold water

BOC early last was about N5, moved to about 14 then back to 10, it stayed at 10 for a while before hitting 29 now.

anyway, if the shares outstanding is 395m, whats or how is there last result?
whats there projection? EPS and PE?

aLSO The fact that they depend on gas make it a high risk investment as we are in nigeria where goverment make and cancel policy at any timee T.

i

I Agree that Either something is brewing or some people are manipulating the price as hispy99 stated Ealier. But the truth is, i am not interested in this stock.

If indeed something is brewing, i believe it will soon bow to the Bear. And if it is being manipulated at all, i must confess that the stock is a wrong choice for manipulation.

iharry · #16 (**permalink**) 16th August 2008, 06:24 PM

Quote:

Originally Posted by BLUEMONEY

I Agree that Either something is brewing or some people are manipulating the price as hispy99 stated Ealier. But the truth is, i am not interested in this stock.

If indeed something is brewing, i believe it will soon bow to the Bear. And if it is being manipulated at all, i must confess that the stock is a wrong choice for manipulation.

I bought lots of this stock @ N8.97 in august of 07 with a long term view. I try to buy into unpopular companies with potential for growth. sometime you only have to look around you to decided on a good company. Gas is central to the future of sustainable energy.

BLUEMONEY · #17 (**permalink**) 16th August 2008, 07:10 PM

Quote:

Originally Posted by iharry

I bought lots of this stock @ N8.97 in august of 07 with a long term view. I try to buy into unpopular companies with potential for growth. sometime you only have to look around you to decided on a good company. Gas is central to the future of sustainable energy.

Well You are still in the profit Zone (and i must confess, i envy you