Investment › Re: Nigerian Stock Exchange Market Pick Alerts by harrykewell: 9:15am On Jul 18 |
I really the link boss SonofElElyonRet: Come and connect me to your stock broker that offers shares pre lifting of suspension a la Zichis  |
Business › Re: What To Do To Make Money Online? by harrykewell: 6:22pm On Apr 23 |
I’m looking for someone to help with outbound my domain to end users. We can discuss payment terms - either an upfront fee, a revenue share, or a combination of both. If you’re interested, please reach out to me at 08148465247. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by harrykewell: 8:10am On Mar 17 |
Thank you so much SohSoh: DATE : 17 MARCH 2026
BUY RECOMMENDATION : INDUSTRIAL & MEDICAL GASES NIGERIA PLC.
Ticker: IMG | NGX Listed | Sector: Industrials / Healthcare. CURRENT PRICE : ₦36.00 | Hold Period : LONG TERM.
Industrial & Medical Gases Nigeria Plc (IMG) is Nigeria's dominant industrial gas company and the only quoted industrial gas player on the NGX.
BUY RECOMMENDATION and a long-term hold from the current price of ₦36.00.
Business Model — B2B (Business To Business)
IMG operates exclusively as a Business-to-Business (B2B) entity — zero retail or consumer exposure. Every naira earned comes from institutional, commercial, or industrial clients, creating a revenue profile that is structurally predictable, and recurring.
Why the B2B Model Creates Durable Competitive Advantage
1: Long-term supply contracts: Hospitals, refineries, and breweries sign multi-year agreements — revenue is locked in. 2: Infrastructure dependency: When IMG installs a Medical Gas Pipeline System (MGPS) or bulk cryogenic tank, the customer is captive for the life of that infrastructure. 3: Switching costs: Replacing IMG requires physical infrastructure change, equipment revalidation, and regulatory re-approval. 4: Regulatory moat: ISO 9001:2015 and FSSC22000v.5.1 certifications create barriers that new entrants need years to obtain.
CUSTOMER BASE & SECTOR ANALYSIS : SEE IMAGE BELOW
IMG's customer base spans Nigeria's most critical industrial and institutional sectors. The diversity of its clientele, from multinational oil majors to federal teaching hospitals to multinational beverage companies, provides exceptional revenue stability and cross-cycle resilience.
SECTOR:
1 : Oil & Gas : N₂ inerting, welding gases, specialty gases 2 : Food & Beverage (FMCG) : CO₂ carbonation, N₂ packaging 3 : Healthcare : Medical O₂, MGPS installation 4 : Manufacturing & Cement : Welding gases, O₂ for kilns 5 : Power & Energy : H₂, N₂ for turbine cooling/insulation 6 : Engineering Services : MGPS, customer engineering
COMPETITIVE LANDSCAPE
NGX-Listed Peers : IMG occupies a singular competitive position on the NGX. There are no directly comparable listed industrial gas companies in Nigeria.
PRODUCTS & SERVICES :
PRODUCTS : SEE IMAGE TABLE BELOW
Services : Engineering & Value-Added Services
• Medical Gas Pipeline Systems (MGPS): Design, installation, and commissioning of piped medical gas infrastructure — high-margin, sticky service with enormous growth potential given Nigeria's PHC upgrade mandate.
• Customer Engineering Services: Bespoke gas application optimisation — cited by Dangote Group's Director of Manufacturing as delivering significant production efficiency gains.
• Safety & Risk Management (SHEQ): Gas hazard assessments and risk frameworks — confirmed by Nigerian Breweries' Head of Safety as mission-critical.
• After-Sales Support & Installation: Ongoing maintenance of cylinders, cryogenic vessels, pipeline systems, and bulk tank installations.
Government Catalyst — February 2026
₦98bn Disbursed to Nigeria's PHCs :: President Tinubu confirmed over ₦98 billion disbursed to support operational expenses for over 8,300 Primary Healthcare Centres in 2025, with plans to expand to 13,500 PHCs nationwide. A further 2,565 centres have already been upgraded, with 1,456 currently undergoing renovation.
Why This Directly Benefits IMG
1 : Every upgraded or new PHC requires medical oxygen cylinders and ongoing supply. 2 : Fully equipped PHCs need Medical Gas Pipeline Systems (MGPS) — IMG's highest-margin service. 3 : 13,500 PHC target = thousands of new long-term institutional customers. 4 : ₦2.56 trillion healthcare budget allocation in 2025 signals a decade-long demand pipeline. 5 : IMG holds dominant market share in MGPS installation — no credible domestic competitor
Financial Performance & Analysis : (SEE IMAGE BELOW)
IMG's FY2025 financials tell a story of structural improvement at the operating level. Revenue was ₦8.38 billion while gross profit grew to ₦4.08 billion, a gross margin of 48.7%, up 220 basis points from 46.5% in FY2024.
• Cost of sales was reduced by 4.1% and selling and distribution expenses were cut by 19.6%, reflecting meaningful operational discipline.
These improvements demonstrate that the core business is becoming more efficient and more profitable on a per-naira basis with every passing year.
On the balance sheet, the transformation has been nothing short of extraordinary. Total equity has more than doubled to ₦11.78 billion, the company has moved from a net debt position to holding ₦2.16 billion in net cash, and book value per share has grown to ₦16.12. The ₦3.2 billion invested in property, plant and equipment in FY2025 — with a further ₦7.57 billion in the capital investment pipeline — positions the company for meaningful revenue growth as new capacity is commissioned through FY2026 and beyond.
Corporate Actions & Governance
Rights Issue (2025) — The Defining Transaction In 2025, IMG executed a rights issue of 199,797,458 new shares at ₦32 per share . The issue was 90.9% subscribed, raising approximately ₦5.8 billion net after expenses. • Increased total equity by 99.2% from ₦5.91bn to ₦11.78bn • Reduced borrowings by 97.5% from ₦5.33bn to ₦135.7m • Eliminated annual finance costs of ~₦700m+ • Increased shares outstanding by 46.4% • Positioned the company for debt-free growth financing.
Bonus Issue & Dividend History : SEE TABLE BELOW
INVESTMENT RECOMMENDATION — BUY CURRENT MARKET PRICE: ₦36.00 (LONG TERM)
IMG is not merely an industrial company — it is a critical national infrastructure asset wearing the clothes of a mid-cap stock.
1: It provides the oxygen that keeps Nigerian patients alive.
2: the CO₂ that carbonates the drinks Nigerians consume daily.
3: the nitrogen that protects oil pipelines from combustion.
4: the argon that welds the steel structures of Nigeria's industrial economy.
This essential utility company, combined with a 65-year operational moat, zero debt, ₦7.6 billion in committed capital investment, and powerful government-driven healthcare tailwinds, makes IMG one of the most compelling risk-adjusted opportunities on the NGX today.
The (4) Four Pillars of Our BUY RECOMMENDATION
• PILLAR 1 — DEBT ELIMINATION: Finance costs that consumed ~₦700m annually have been permanently removed. FY2026 earnings will benefit directly.
• PILLAR 2 — CAPEX PAYOFF: ₦3.2bn invested in FY2025, with ₦7.57bn in WIP assets. As this capacity is commissioned in FY2026, it will drive revenue growth on a near-zero marginal cost basis.
• PILLAR 3 — HEALTHCARE MEGATREND: 13,500+ PHC upgrades mandated by the Tinubu administration create a decade-long demand pipeline for medical oxygen, MGPS installation, and gas supply that IMG is uniquely equipped to serve.
• PILLAR 4 — MONOPOLY MOAT: As the only NGX-listed industrial gas company with national production infrastructure, IMG has no domestic listed competitor. — built over 65 years. |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by harrykewell: 1:37pm On Dec 24, 2025 |
Tochex101: Lucky you.....if we take a thread census now,the data would be easy to analyze. As yours peaked, some others plummeted and in some people's case it remained static.
We can't say things have gotten better with this monthly grid collapse or power infrastructure vandalism which takes multiple months to put right.
Millions of people remained in perpetual darkness in some northern states for many months this year, heck I think I even remember reading about the woes of bayelsans recently too. light has improved a lot in my area too |
Travel › Re: General USA Student Visa Enquiries-part 18 by harrykewell: 8:35am On Nov 01, 2025 |
Good morning, please i want to send you a dm nwaobitex: Hi, please can anyone recommend me good schools to apply for someone that is looking for funding phd/masters in computer engineering. He got a good gre score (330), 2:1 GPA not evaluated yet. |
Autos › Toyota Corolla 2007 by harrykewell(op): 10:27am On Jun 15, 2025 |
I have this car for sale Toyota Corolla 2007 Neatly painted Unscrewed engine and gear plus freezing A/C going for 5.5m slightly negotiable☎️ Location is Ibadan,Power steering pump needs attention. Contact: 08148465247
|
Autos › Tokunbo 2011 Benz GLK 350 by harrykewell(op): 10:04am On Jun 15, 2025 |
This vehicle is for sale
Tokunbo 2011 Benz GLK 350 With Panoramic Roof, Accident Free. Price: 15.8M to owner 250k settlement Location: lagos
|
Autos › Lexus Es 350 09 Model For Sale by harrykewell(op): 8:07am On Jun 15, 2025 |
I want to sell this car Lexus Es 350 09model Pure first body Engine and gear 💯 Chilling ac💯 Interior 💯 New 4 tyres with ally rims Price 7M Location : Ibadan Contact: 08148465247
|
Car Talk › Re: Which SUV Of 10m Or Less by harrykewell: 5:09pm On Jun 14, 2025 |
Preator: Nah, i've decided to go for affordable Rx350 Thank you for the prompt response. You can reach out to me some other time as i have affordable cars that exceed your expectations. Once again, thank you. |
Autos › Neat Toyota Camry 06 (big Daddy) by harrykewell(op): 1:55pm On Jun 14, 2025 |
Clean Toyota Camry 06 (Big daddy) for sale, ** Chilling AC. **First body. **Engine and gear working perfectly. **Nothing to fix. Price: 4.7M. Slightly negotiable. Location: Obanikoro, Lagos Phone no: 08148465247 Serious buyer only....
|
Car Talk › Re: Which SUV Of 10m Or Less by harrykewell: 11:23am On Jun 14, 2025 |
Preator: I need idea on a SUV of less than 10m. I dont mind nigerian used either as long as its neatly used. 4 or 6 plug also not minded. I need it for less than 30 minutes commute for work daily so fuel consumption of a 6 plug wont really matter. I use an MDX 013 already in my main base so will like to avoid acura.
And something that is not maintenance intensive and reliable. I have these cars - Rx330 - 2005 - Rav4 - 07/08 - Honda Pilot - 2010. Let me know if you're interested |
Investment › Re: Mutual Funds by harrykewell: 10:48pm On Jan 01, 2025 |
yinkaoke: Go to Anchoria Assets Mgt at Keffi and let them invest for you and thank me later. Or better still speak to me please what's their rate |
Business › Re: What To Do To Make Money Online? by harrykewell: 6:44pm On Dec 28, 2024 |
ActivatePilot: ActivatePilot (.com) launched just as promised, so we thought to take some time to shed more light on what we do.
The name: Activate Pilot.
ActivatePilot is NOT branding as a domain selling business, rather we are establishing ourselves as a professional consultancy agency that takes your brand from ideation to activation. Hence why we are delivering beyond brand name sales to helping our clients make sure that they are set up with premium design and development solutions setting them up in their digital space.
Our Target:
We are majorly targeting the African market where we believe there are boundless and unequalled opportunities.
What do we Offer?:
We offer a user-friendly and adaptive marketplace that boasts of features such as:
- AI assisted brand name suggestion.
- Expert-led marketing options.
- Pilot Points: On-platform currency system that rewards every milestone you cover on the platform. The long-term goal is to be able to convert Pilot points to spendable currency outside of the platform.
- Pilot Community: Our community is open to domainers, brand namers, graphic designers, product designers, web developers, app developers, product managers and more that are ready to give every brand a seamless launch experience.
- A revised 7% commission rates from third-party sales.
- An automated Pilot ranking system that models after real life automation Pilots that reward your commitment with ranks.
- We can pay you in your local currency! We accept and can pay you in more than a dozen African currencies even apart from the US dollars, the British Pounds and Euro.
- You can leave your name forwarded to your favorite marketplace and still list with us.
-We are a people-involved business which means we are open to your ideas and feedbacks towards growth.
As we start uploading brand names soon, Sign up, submit names with us, use our webapp and let us grow together.
This is African, Nigerian. We'll get better by having brother coming to support brother and never the other way round.
Thank you. i have xafely.com |
Business › Re: What To Do To Make Money Online? by harrykewell: 10:11pm On Aug 29, 2024 |
shapman: Exciting Opportunity!
Register a .xyz domain with us for FREE and earn 50% of the sale proceeds if sold!
We're offering a limited-time opportunity to suggest a .xyz domain name and register it for free! If the domain sells within a year, we'll split the proceeds 50-50 with you!
Terms:
- Domain registration is free, but must be a .xyz domain - Proceeds will be split 50-50 if the domain sells within a year - Single-word domain recommended, two-word domain can be accepted if it passes the radio test and of quality - The submitted domain name must be English worded, with characters only - The suggested domain name is liable to be rejected if not perceived to be of quality.
Offer valid until September 1st, 9PM WAT and/or until slots are filled up.
Don't miss out! Suggest your domain name and register for free today!
Hurry! Offer ends soon!
To participate, contact via WhatsApp- 09110241610 Shapman jus registered the name I suggested for him which is tricycles.xyz. nice one bro, kip it up |
Business › Re: What To Do To Make Money Online? by harrykewell: 1:28pm On Aug 10, 2024 |
nkeona: Thank you boss. I will move on. Can you text me on Whatsapp 08148465247.. let's work out some deals |
Business › Re: What To Do To Make Money Online? by harrykewell: 11:50am On Jul 23, 2024 |
FreshPresh92: Who has domains in the cybersecurity niche? I have a ready buyer.
Brandables please. Please only serious people. Quote me so we can discuss. I don't know if your buyer is still interested. I have xafely.com |
Web Market › Re: Hello Domainer! Sell Your Domain Names To Us by harrykewell: 2:27pm On Jul 20, 2024 |
JamesNairaland: Still buying brandable or English word domain names. Send your domain list to my email for a deal. I have "Xafely.com" |
Business › Re: What To Do To Make Money Online? by harrykewell: 9:58pm On Jul 01, 2024 |
|
Business › Re: What To Do To Make Money Online? by harrykewell: 7:34pm On Jun 29, 2024 |
|
Business › Re: What To Do To Make Money Online? by harrykewell: 1:00pm On Jun 29, 2024 |
bosses in the house, what do you think of this name Xafely.com. I am willing to dispose it off for few bucks. Thank you |
Business › Re: What To Do To Make Money Online? by harrykewell: 7:39pm On Jun 12, 2024 |
MatthiasChin: 499 and start outbound.
Shaa make sure say you go Boss iykepromotion class.,
No backyard learning for this thing, if not the sales drought/sapa go press your neck..press am press am well well well come drop you for front door... think you so much boss |
Business › Re: What To Do To Make Money Online? by harrykewell: 6:02pm On Jun 12, 2024 |
Godd everyone, please I need your input on this domain that I bought recently "southDakotaFood.com" A state in the USA. I need review on the name. Thank you |
Investment › Re: Learn, Earn And Teach Others(nairalander's Giveback To Knowledge Received Here) by harrykewell: 6:12pm On Jan 16, 2024 |
08148465247 |
European Football (EPL, UEFA, La Liga) › Re: Official Chelsea Fan Thread: Club World Cup Champions 2025-2029 by harrykewell: 3:41pm On Jan 15, 2024 |
raumdeuter: They all played in that shitty EPL
Si we can compare them on equal footing
KdB is the greatest EPL midfielder of all time. Facts egbon dis one u drop go far oh. kdb is the greatest of all Tym keh |