Offline
| Post a Message | Explore Forums | Browse Stock Messages | Hot Discussions | Top rated Messages | Top Boarders | |
|
|
|
BOC India
| ||||
Price Valuation for BOC India Share
Posted by :
GuestTracked by: 0 Boarder
Well if you really see its balance sheet its net current assets are in -ve which means they have more liabilities than current assets so i dont see any financial strength in the company to withstand a lean period . Even 120 rs looks too much for it. 200 is way way above it. Anyway its better to be careful than being wrong. ...
In reply to:
Price Valuation for BOC India Share
Posted by : man
Today I have picked up this stock in small qty.
If you have a capacity to hold your invetment for more than 12 months just pick up this stock now.
Downward risk is maximum Rs 10 ie it can slide to 145 level in worst marker scenario,
Safe and Sound Investment by all means.
Regards,
Manher 
Tracked by: 0 Boarder
The share has been relatively steady until now. You yourself are also quite confident about its performance and thinking that only, you have bought this share at 125. For LT it should be OK, for ST there can b a fall for few rupees, which it is hardly to predict. Relative performance will be definitely much better....
In reply to:
Firm
Posted by : man
I picked up small qty at 125 for purely lond term investment purpose.
Hope it is correct
Pl give your opinion
Tracked by: 0 Boarder
I picked up small qty at 125 for purely lond term investment purpose.
Hope it is correct
Pl give your opinion
...
In reply to:
Firm
Posted by : vkk43
Looking to the present weak market trend, this share has firm undertone.
Tracked by: 0 Boarder
Thanks for your views on BOC India....
In reply to:
Firm
Posted by : man
Dear Friends.This is the time to pick up this stock. Downward risk is Rs Max 10 and if you hold the same for 2 years you will definitely more then 20 %sure returns
Tracked by: 0 Boarder
Dear Friends.This is the time to pick up this stock. Downward risk is Rs Max 10 and if you hold the same for 2 years you will definitely more then 20 %sure returns...
In reply to:
Firm
Posted by : vkk43
thanks for your views. What u write is quite possible. Thanks.
Price Valuation for BOC India Share
Posted by : manTracked by: 0 Boarder
Today I have picked up this stock in small qty.
If you have a capacity to hold your invetment for more than 12 months just pick up this stock now.
Downward risk is maximum Rs 10 ie it can slide to 145 level in worst marker scenario,
Safe and Sound Investment by all means.
Regards,
Manher...
In reply to:
Price Valuation for BOC India Share
Posted by :
premser
BOC India had offered for 20% of equity shares under provision of mandatory offer @ Rs. 165/- per share. The share price was then moving around Rs. 156/- - Rs. 157/-. A large number of small investors sold their holdings at that price.
Then the offer price was increased to Rs. 200/- all of a sudden. The share started moving around Rs. 195/- in stock market then.
It seems some group / broking house had accumulated the stock at around Rs. 156/- to rs.160/- & latter offered back @ rs. 200/- to Company. It seems that they were in knowledge of the increased price offer. There is a possibilty of some kind of warehousing of stock by few groups. SEBI should look into this aspect & investgate the whole buy -back process. The company has already acquired 89.60% shares & there is a strong rumor in the market that Boc India is looking forward to acquire the balance 10.40 % shares & get the company delisted from the stock exchange.
The current status of the company could be ascertained from the following facts.
1. The company is sitting on a cash pile of over 275 crores which is parked as fixed deposits with banks.
2. The company has made capital investment of over 300 crores in recent past which will benefit the company in future.
3. The Government's National Steel Policy 2005 had projected the country's steel making capacity to touch 110 million tonnes by 2020. The recent developments however indicate that this projected capacity will be commissioned well ahead of 2020. The serge in steel demand & sustained upturn in this industry will continue to benefit boc india as it is a majaor player in gases industry.
4. The company is already providing over 1290 tones per day of gases to TISCO which will go up substantionally on TISCO's huge expansion plan.
5. Similarly 1800 tonnes per day project to Jindal Vijaynagar too is being completed by end of 3rd Qtr. of current year. Reflection of which will be in year 2009 result.
6. Big orders are expected from SAIL & raourkela Steel.
7. It is expected that BOC India will produce about 5000 tonnes or more of gases per day in next 3-5 years.
8. Company's medical segment is also growing substantially.
9. Solar cell/ Photovoltic industry is offering a potential for speciality oxygen & gases industry. BOC has won orders from Moser Bear & has established a clear lead in this segment . There was a news in Economic Times recently that TATA Power, Reliance & Videocon etc. has planned to make an investment of Rs. 100,000 Crores in this sector, which too will provide opportunity to BOC.
10. Order worth Rs. 450 crores were pending in Engineering segement which can increase substantially in near future.
11. BOC india is working towards Hydrogen as an alternative source of fuel. It will provide a lot of opportunity in future.
12. Company is opening new plants in the country. A new plant is being started at Dehradun, Uttarkhand.
13. Mr. Sanjiv Lamba, Director Asia Pacific, in one of the meeting has projected a growth @ 50%.
The company is poised for multiferous growth & expects a sale of over 2000 Crores in next 5 years. Looking all these factors mentioned above, the offered price should be very high.
What all are yours views on this & the expected price that company should offer so that no unjustice is done to minority shareholders holding the shares for last 4-5 years or more.
You are also requested to guide me if there is any flaw in this article.
Price Valuation for BOC India Share
Posted by : premserTracked by: 0 Boarder
BOC India had offered for 20% of equity shares under provision of mandatory offer @ Rs. 165/- per share. The share price was then moving around Rs. 156/- - Rs. 157/-. A large number of small investors sold their holdings at that price.
Then the offer price was increased to Rs. 200/- all of a sudden. The share started moving around Rs. 195/- in stock market then.
It seems some group / broking house had accumulated the stock at around Rs. 156/- to rs.160/- & latter offered back @ rs. 200/- to Company. It seems that they were in knowledge of the increased price offer. There is a possibilty of some kind of warehousing of stock by few groups. SEBI should look into this aspect & investgate the whole buy -back process. The company has already acquired 89.60% shares & there is a strong rumor in the market that Boc India is looking forward to acquire the balance 10.40 % shares & get the company delisted from the stock exchange.
The current status of the company could be ascertained from the following facts.
1. The company is sitting on a cash pile of over 275 crores which is parked as fixed deposits with banks.
2. The company has made capital investment of over 300 crores in recent past which will benefit the company in future.
3. The Government's National Steel Policy 2005 had projected the country's steel making capacity to touch 110 million tonnes by 2020. The recent developments however indicate that this projected capacity will be commissioned well ahead of 2020. The serge in steel demand & sustained upturn in this industry will continue to benefit boc india as it is a majaor player in gases industry.
4. The company is already providing over 1290 tones per day of gases to TISCO which will go up substantionally on TISCO's huge expansion plan.
5. Similarly 1800 tonnes per day project to Jindal Vijaynagar too is being completed by end of 3rd Qtr. of current year. Reflection of which will be in year 2009 result.
6. Big orders are expected from SAIL & raourkela Steel.
7. It is expected that BOC India will produce about 5000 tonnes or more of gases per day in next 3-5 years.
8. Company's medical segment is also growing substantially.
9. Solar cell/ Photovoltic industry is offering a potential for speciality oxygen & gases industry. BOC has won orders from Moser Bear & has established a clear lead in this segment . There was a news in Economic Times recently that TATA Power, Reliance & Videocon etc. has planned to make an investment of Rs. 100,000 Crores in this sector, which too will provide opportunity to BOC.
10. Order worth Rs. 450 crores were pending in Engineering segement which can increase substantially in near future.
11. BOC india is working towards Hydrogen as an alternative source of fuel. It will provide a lot of opportunity in future.
12. Company is opening new plants in the country. A new plant is being started at Dehradun, Uttarkhand.
13. Mr. Sanjiv Lamba, Director Asia Pacific, in one of the meeting has projected a growth @ 50%.
The company is poised for multiferous growth & expects a sale of over 2000 Crores in next 5 years. Looking all these factors mentioned above, the offered price should be very high.
What all are yours views on this & the expected price that company should offer so that no unjustice is done to minority shareholders holding the shares for last 4-5 years or more.
You are also requested to guide me if there is any flaw in this article.
...
Tracked by: 0 Boarder
thanks for your views. What u write is quite possible. Thanks....
In reply to:
Firm
Posted by : man
In this kind of uncertain situation it is difficult for this stock to maintain this levels. It will easily slide down to 150 levels and then it is a correct levels to enter this stock.
Good fundamentals and good managemnt
Tracked by: 0 Boarder
In this kind of uncertain situation it is difficult for this stock to maintain this levels. It will easily slide down to 150 levels and then it is a correct levels to enter this stock.
Good fundamentals and good managemnt...
In reply to:
Firm
Posted by : vkk43
Looking to the present weak market trend, this share has firm undertone.
Tracked by: 0 Boarder
Looking to the present weak market trend, this share has firm undertone....
More from the Chemicals Sector
see moreBoarders tracking BOC India
Explore Moneycontrol
