Gasol Share Discussion Threads

[bronislav] 19/3/2013 17:35

Afgas are still vitally important to gasol but after bankrolling gasol for a while now and effectively keeping them afloat Gasol no longer need Afgas to fund them. I suspect the loan from STSA is not cash but in exchange for services ,so in effect
a credit facility.Lets not forget gasol have drawn down 20 million of a 100 million loan facility.Could next news be harbour ready for floating vessel.?

[moreforus] 19/3/2013 08:19

yep better owner...1 mill vs 2.5 mill ... they are a state owned too

"STSA is the international marketing and development arm of SOCAR, the State Oil Company of Azerbaijan."

[bronislav] 19/3/2013 08:15

Got rid of the Afgas loan .They now have a loan with one of the largest company's in the world in their particular expertise that is about to supply them with a floating re gasification vessel and then fill that vessel with LPG.

[bilko2973] 18/3/2013 19:34

Loan repaid - loan agreed. Confused?

[plunge] 18/3/2013 12:59

"....After the announcement, City broker Panmure, which keeps its 'buy' stance
and 42p price target on the stock, described the new funding as an "important
development.....".

[moreforus] 18/3/2013 10:27

no comment on todays rns

investment by a state agency?

[savo2] 15/3/2013 17:31

Fantastic! Late in the day but should kick us off nicley on Monday!

[lynxboy] 15/3/2013 16:29

this firm appears to be in great shape financially, just need the share price to get there now!

[moreforus] 15/3/2013 16:19

excellent rns

bye bye convertible debt

[topinfo] 14/3/2013 08:32

This was tipped last week by Joanne Hart in Midas Extra Tips sheet. As you know she is very good.

I cant copy whole article from Midas coz its copyrighted but extracts

MIDAS EXTRA SHARE TIPS: Liquified gas importer's project plan could have good mileage

By Joanne Hart


Gasol is a small company with big ambitions. Involved in providing cheaper fuel to West African countries, the share price has doubled from 11p to 22p in the past three months and brokers believe it will double again before the end of the year.

Midas verdict: Gasol shares are definitively not for widows and orphans. For adventurous investors, however, the stock could prove highly rewarding.

There is an urgent need for gas in West Africa, Gasol�s solution will be at least 25 per cent cheaper than current alternatives and the company has already made significant steps in the right direction. Cooper�s presence as a majority shareholder and strategic adviser to the board is a further comfort. At 22p, the shares look attractive.

[topinfo] 14/3/2013 08:31

650p now that would be nice :)

[moreforus] 14/3/2013 08:24

that funding is not priced in here

in 2008-2010 Edison (research paid for by GAS...) they gave a 13p nav in old money ... thats 650p in new money..... with the massive caveat of getting project finance to pay for GAS's contribution as partner in any of their capital projects....

well that 100 mill shows they have that funding agreed....

[teraferma] 14/3/2013 08:20

A bit of interest again this morning, next leg up hopefully.

[gjd000] 11/3/2013 19:11

Despite the sinister moves and dark arts practised by the MM's, this is more likely just down to a moderately large holder selling a large chunk. In what is essentially an automated process, if supply outstrips demand, the price goes down.

More likely someone has caught up with events and decided that they are happy taking the loss now.

End of the financial year coming up and some people may need to show some losses before the end of FY to minimise their tax liabilities.

Probably hoping they can buy in again on a T+20......

[cezary] 11/3/2013 15:11

I suspect someone knows more than normal pi s'. So have have dropped the share price in order to take out stop losses and then hoover up the shares. Am I right??

[savo2] 11/3/2013 14:35

nice time to top up. All news has been good lately

[tanboy1950] 11/3/2013 13:41

W.T.F. IS THERE A GAS LEAK...

[lynxboy] 07/3/2013 18:00

amazing looking graph, finger x'd for everyone

[biggerthus] 07/3/2013 17:23

Funny, Afren issued senior secured notes at 10.25% exactly a year ago.

10% interest might sound a lot in the current climate, but actually looks rather good considering GAS's position.

[savo2] 07/3/2013 17:09

Only a 4% rise! The news is coming thick and fast now!

[robo15] 07/3/2013 15:42

I am shocked this hasn't leapt on this news, an 100 million unsecured facility for a company with a seven million market cap!!

[cezary] 28/2/2013 09:55

This is the type of news I like to hear.
30p next...:)

[teraferma] 28/2/2013 08:02

All the hard work coming to fruition, everything falling nicely into place.

Well done Mr B.

[moreforus] 28/2/2013 07:47

what price ?