wazua Thu, Jan 9, 2025
Welcome Guest Search | Active Topics | Log In | Register

Kenya's BOC Gases pretax falls 21 pct in 2009
Options
Previous Topic · Next Topic
muganda
#1 Posted : Friday, February 19, 2010 1:52:31 PM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
NAIROBI (Reuters) - Kenya's industrial gas supplier BOC Gases posted a 21 percent fall in pretax profit to 232 million shillings on Friday and blamed costs and sluggish demand.

http://af.reuters.com/ar...s/idAFJOE61I0BU20100219


Surprised didn't know it's a subsidiary of a multinational. It seems almost all companies worth anything in the NSE are subsidiaries of foreign companies.
Back to top
 Report Abusive | Report SPAM
guru267
#2 Posted : Friday, February 19, 2010 2:29:26 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@muganda these results are exactly the same as the half year so this is in line with what i had expected... i hope no one was expecting any miracles and bought heavily into this counter..

its crazy P/E of 20+ just got even crazier.. i'm expecting a serious fall in share price come monday unless there is an exceptional dividend..
Mark 12:29
Deuteronomy 4:16
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#3 Posted : Friday, February 19, 2010 6:36:18 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,118
Location: Nairobi
BOC Gases profits down... Carbacid profit up...

Carbacid Gases are happy to be off BOC's menu...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest (2)
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2025 Wazua.co.ke. All Rights Reserved.