Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 388’s trading results showed consideration of $2,156,160 from 83,247 shares traded in 6 transactions as compared to session 387 which showed consideration of $1,524,833 from 25,346 shares traded in 10 transactions.  The stocks active during this week’s session were DIH, DBL, DDL and DTC.

Banks DIH Limited’s (DIH) two trades totalling 15,000 shares represented 18.02% of the total shares traded.  DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $11.8, which showed no change from its previous close.  DIH’s trades contributed 8.21% ($177,000) of the total consideration. Both of DIH’s trades were at $11.8.

Demerara Bank Limited’s (DBL) single trade of 50,862 shares at $18.5 represented 61.10% of the total shares traded.  DBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $18.5, which showed an increase of $1.0 from its previous close of $17.5.  DBL’s trade contributed 43.64% ($940,947) of the total consideration.

Demerara Distillers Limited’s (DDL) two trades totalling 15,045 shares represented 18.07% of the total shares traded.  DDL’s shares were traded at a Mean Weighted Average Price (MWAP) of $10.2, which showed no change from its previous close.  DDL’s trades contributed 7.12% ($153,459) of the total consideration. Both of DDL’s trades were at $10.2.

Demerara Tobacco Company Limited’s (DTC) single trade of 2,340 shares at $378.1 represented 2.81% of the total shares traded.  DTC’s shares were traded at a Mean Weighted Average Price (MWAP) of $378.1, which showed a decrease of $6.9 from its previous close of $385.0.  DTC’s trade contributed 41.03% ($884,754) of the total consideration.

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

Cross listing: A practice by which stocks and shares listed on one xchange are also listed on another exchange in a different country.

GASCI Summary of Financials Session 388 Dec. 29, 2010

Notes
1 – Interim results
2 – Prospective
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.
2008 – Final results for PHI.
2010 – Interim results for TCL, CCI, DDL, DTC, BTI, GSI, JPS, and SPL.
2010 – Final results for 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.


The market information provided here is provided for informational and educational purposes only and is provided on a time-delayed basis. GASCI does not guarantee the accuracy or completeness of any information contained on this page. Although the information has been obtained by GASCI from sources believed to be reliable, it is provided on an “as is” basis without warranties of any kind. GASCI assumes no responsibility for the consequences of any errors or omissions. GASCI does not make or has not made any recommendation regarding any of the securities issued by any of the companies identified here nor the advisability of investing in securities generally for any particular individual.

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

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.