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Airgas, Inc. Message Board

  • nadsmis nadsmis May 1, 2014 1:04 PM Flag

    liquidated ARG position

    Did my best to help this company. I even tossed out Praxair and replaced them with ARG 2 years ago at my manufacturing company. Did no good. What with paltry yield of 1.8%, there is zero reason to be patient anymore. I do not have faith in ARG management and do not consider them shareholder friendly. This latest earnings miss is inexcusable. With current mismanagement outlook is bad. The BOD shows a complete inability to properly grow earnings. The CEO should be dumped.

    If anyone is looking to play this stock, it should be played "Short". Certainly is not a growth stock and obviously not an income stock. You would have to play this as speculative and there is nothing positive to speculate about.

    Good Luck...

    Sentiment: Strong Sell

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    • Appreciate the post even though it is a bit old. Have been thinking of investing in ARG as I like the space. Industrial gasses should be a good business and there does not appear to be many pl/ayers so you could always see a takeout here. If you read this reply, I would simply ask which of the industrial gas companies you like if you like any of them at all.

      • 1 Reply to mmikita
      • Industrial gases are still suffering from the great recession. They are very dependent on non-residential construction. They service a lot of different businesses, but construction is the icing on the cake. The chemicals and pipelines businesses have been starting to ramp up and their are a lot of contracts that have been let out in the last few months so we should see an up tick in activity soon. ARG is huge in welding selling lots of acetylene and oxygen plus hard goods used in welding, so it is not just a gas company. I own some shares for a while and up about 105 or so plus dividends. This is the smaller of the large gas companies. For quality PX is probably the best, while APD also sells other chemicals. Over the last 5 years ARG has done the best, but recently APD has taken center stage. However, it maybe some catch up because APD did so badly for so long. Hopefully this up coming construction boom will propel all three companies.

142.950.00(0.00%)May 20 4:00 PMEDT