BOCGAS - BOC Gases Nigeria Plc
BOC Gases Nigeria Plc is an industrial and medical gases manufacturer headquartered in Lagos, Nigeria. BOC is the market leader in West Africa for the production and distribution of industrial gases, including argon, nitrogen carbon dioxide, and oxygen, as well as welding products. BOC also engages in the sale and marketing of special gases, welding, and medical equipment. Its major customers include the Nigerian Bottling Company (Coca-Cola Bottler), Guinness Nigeria, Chevron, Nigerdock, West African Ventures, Lafarge, African Diving Services, Lagos University Teaching Hospital, University College Hospital, NLNG, and Exxon Mobil.
Incorporated as a public limited company under the name Industrial Gases (Nigeria) Limited in 1959, BOC Gases changed to its current label in 1997. The company has been listed on the Nigerian Stock Exchange since 1979. In 2006, The Linde Company AG, a global leader in gases, engineering, and technology solutions, acquired 60% of BOC Gases Nigeria Plc with the balance being held by Nigerian shareholders. As a member of The Linde Group, BOC Nigeria also has access to the continent's biggest industrial gases and welding products group, African Oxygen Limited (Afrox), which operates in South Africa and 10 other African countries.
| Live Trading Feed | Growth & Valuation | ||
|---|---|---|---|
| Opening Price: | 15.12 | Earnings Per Share: | -- |
| Day's Low Price: | -- | Price/Earning Ratio: | -- |
| Day's High Price: | -- | Dividend Per Share: | -- |
| Traded Volume: | 244,889 | Dividend Yield: | -- |
| Number of Deals: | 23 | Shares Outstanding: | 416.24m |
| Value/Turnover: | 3.48m | Market Capitalization: | 6.29b |
BOCGAS Stock Market Performance
| 1WK | 4WK | 3MO | 6MO | 1YR | YTD |
|---|---|---|---|---|---|
| +20.77% | +110.00% | +255.76% | +235.25% | +174.91% | +57.99% |
The current share price of BOC Gases Nigeria Plc (BOCGAS) is NGN 15.12. The BOCGAS stock closed its last trading day (Wednesday, January 20, 2021) at 15.12 NGN per share on the Nigerian Stock Exchange, recording a 9.8% gain over its previous closing price of 13.77 NGN. BOCGAS began the year with a share price of 9.57 NGN and has since gained 57.99% on that price valuation, ranking it 12th on the NSE in terms of year-to-date performance. Shareholders will be pleasantly optimistic about BOCGAS knowing that the stock has accrued 110% over the past four-week period alone. The table below details the last 10 trading days of activity of BOC Gases Nigeria Plc on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2021-01-20 | 566,762 | 15.12 | +1.35 | 9.80% |
| 2021-01-19 | 223,396 | 13.77 | -- | -- |
| 2021-01-18 | 162,018 | 13.77 | +1.25 | 9.98% |
| 2021-01-15 | 92,800 | 12.52 | -- | -- |
| 2021-01-14 | 93,583 | 12.52 | -- | -- |
| 2021-01-13 | 191,128 | 12.52 | +1.13 | 9.92% |
| 2021-01-12 | 196,123 | 11.39 | -- | -- |
| 2021-01-11 | 531,213 | 11.39 | -1.26 | 9.96% |
| 2021-01-08 | 496,568 | 12.65 | +1.15 | 10.00% |
| 2021-01-07 | 169,066 | 11.50 | -- | -- |
Profile of BOC Gases Nigeria Plc
BOC Gases Nigeria Plc, founded on November 12, 1959, operates in the Basic Materials sector, specifically, the Chemicals industry. The company is led by Ayodeji Oseni as its Managing Director/CEO. The company's board of directors, chaired by Abiodun Olabode Alabi, is composed of eight members whose names are listed below.
- Alabi, Abiodun Olabode
Chariman - Oseni, Ayodeji
Managing Director/CEO - Alayaki, Adeshina
Finance Director - De Waal, Hendrik Mentz
Non-Executive Director - Mabelane, Ben
Non-Executive Director - Oyedele, Olawale Oyeniyi
Non-Executive Director - Adeleke, Adebayo
Non-Executive Director - Oriseh, Gabinus Enuborda
Non-Executive Director
| Factsheet of BOC Gases Nigeria Plc | |
|---|---|
| Sector: Basic Materials | Industry: Chemicals |
| Address: Block H, Plot 1-3, Apapa-Oshodi Expressway, Oshodi, Lagos, Nigeria | |
| Telephone: +234-1-452-1326, +234-1-342-9179 | |
| Email: nigeria.customer.service@boc.com | Website: www.boc-nigeria.com |
BOCGAS Industrial Market Competitors
BOC Gases Nigeria Plc, issuers of the BOCGAS stock on the Nigerian Stock Exchange, have four market competitors who are also engaged in the Basic Materials sector and/or Chemicals industry. The table below gives you an overview of their market standing.
| Code | Name | Mkt. Cap. | L. Price | YearTD |
|---|---|---|---|---|
| JAPAULGOLD | Japaul Gold and Ventures Plc | 7.26b | 1.16 | +87.1% |
| ALEX | Aluminium Extrusion Industries | 1.78b | 8.10 | +0.00% |
| MULTIVERSE | Multiverse Plc | 852.39m | 0.20 | +0.00% |
| THOMASWY | Thomas Wyatt Nigeria | 77.00m | 0.35 | +0.00% |