Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 571’s trading results showed consideration of $50,618,490 from 669,043 shares traded in 16 transactions as compared to session 570’s trading results which showed consideration of $12,405,000 from 111,200 shares traded in 10 transactions. The stocks active this week were DIH, DBL, DDL, BTI, RBL and SPL.

Banks DIH Limited’s (DIH) five trades totalling 34,429 shares represented 5.15% of the total shares traded. DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $20.0, which showed no change from its previous close. DIH’s trades contributed 1.36% ($688,580) of the total consideration. All of DIH’s trades were at $20.0.

Demerara Bank Limited’s (DBL) single trade of 368,378 shares at $31.9 represented 55.06% of the total shares traded. DBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $31.9, which showed a decrease of $1.1 from its previous close of $33.0. DBL’s trade contributed 23.21% ($11,751,258) of the total consideration.

20140711gascimarketjuly11Demerara Distillers Limited’s (DDL) two trades totalling 4,166 shares represented 0.62% of the total shares traded. DDL’s shares were traded at a Mean Weighted Average Price (MWAP) of $22.0, which showed an increase of $0.9 from its previous close of $21.1. DDL’s trades contributed 0.18% ($91,652) of the total consideration. Both of DDL’s trades were at $22.0.

Guyana Bank for Trade and Industry Limited’s (BTI) single trade of 11,320 shares at $600.0 represented 1.69% of the total shares traded.

BTI’s shares were traded at a Mean Weighted Average Price (MWAP) of $600.0, which showed no change from its previous close. BTI’s trade contributed 13.42% ($6,792,000) of the total consideration.

Republic Bank (Guyana) Limited’s (RBL) three trades totalling 245,500 shares represented 36.70% of the total shares traded. RBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $124.3, which showed an increase of $3.3 from its previous close of $121.0. RBL’s trades contributed 60.27% ($30,507,500) of the total consideration. RBL’s first trade of 45,000 shares was at $121.0, while its second and third trades totalling 200,500 shares were at $125.0.

Sterling Products Limited’s (SPL) four trades totalling 5,250 shares represented 0.78% of the total shares traded. SPL’s shares were traded at a Mean Weighted Average Price (MWAP) of $150.0, which showed no change from its previous close. SPL’s trades contributed 1.56% ($787,500) of the total consideration. All of SPL’s shares were at $150.0.

NOTES:

Best bid:              The highest price that a buyer is willing to pay for a security.

 Best offer:   The lowest price at which a seller is offering to sell securities.

TERM OF THE WEEK

Cherry Picking: Consummating profitable deals and ignoring unprofitable ones with a particular counterparty.

Source: Dictionary of Financial and Securities Terms

Contact Information:
Tel:        223 – 6175/6
Email:    info@gasci.com
 gasci@networksgy.com
Website: www.gasci.com

20140711gascijuly11
 Notes

1 – Interim Results

2 – Prospective Dividends

3 – Shows year-end EPS but Interim  Dividend

EPS: earnings per share for 12 months period to the date the latest financials have been prepared. These include:

2005 – Final results for GTI.

2011 – Final results for RDL.

2012 – Final results for CJL, HCL and PHI and RDL,

2013 – Final results for CCI, DDL, DTC, BTI, GSI, JPS, and SPL.

2014 – Interim results for TCL, DIH, CBI, DBL and RBL.

As such, some of these EPS calculations are based on un-audited figures.

P/E Ratio: Price/Earnings Ratio = Last Trade Price/EPS

Dividend yield = Dividends paid in the last 12 months/last trade price.

(Prepared by the Guyana Marketing Corporation and
published by Stabroek Business as a public service)

*Prices only represent the average Wholesale Farmgate and Retail Prices at the above mentioned markets and are NOT prices set by the Guyana Marketing Corporation or Ministry of Agriculture.
*Prices only represent the average Wholesale Farmgate and Retail Prices at the above mentioned markets and are NOT prices set by the Guyana Marketing Corporation or Ministry of Agriculture.

The New Guyana Marketing Corporation has agreed to provide us with the above information which we will publish on a weekly basis subject to receipt.