Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 384’s trading results showed consideration of $595,143 from 21,547 shares traded in 8 transactions as compared to session 383 which showed consideration of $467,157 from 32,376 shares traded in 10 transactions.  The stocks active during this week’s session were DIH, DBL and RBL.

Banks DIH Limited’s (DIH) three trades totalling 12,041 shares represented 55.88% of the total shares traded.  DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $11.9, which showed a decrease of $0.1 from its previous close of $12.0.  DIH’s trades contributed 24.14% ($143,648) of the total consideration. DIH’s first two trades totalling 8,437 shares were at $11.9, while its third trade of 3,604 shares was at $12.0.

Demerara Bank Limited’s (DBL) two trades totalling 3,506 shares represented 16.27% of the total shares traded.  DBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $17.6, which showed an increase of $0.2 from its previous close of $17.4. DBL’s trades contributed 10.34% ($61,555) of the total consideration. DBL’s first trade of 2,000 shares was at $17.6, while its second trade of 1,506 shares was at $17.5.

Republic Bank (Guyana) Limited’s (RBL) three trades totalling 6,000 shares represented 27.85% of the total shares traded.  RBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $65.0, which showed no change from its previous close. RBL’s trades contributed 65.52% ($389,940) of the total consideration. RBL’s first trade of 600 shares was at $64.9, while its second and third trades totalling 5,400 shares were at $65.0.
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

Share: Fractional ownership of a company, entitling the holder to vote at general meetings, to receive dividends approved at general meeting, to  participate in distribution of capital, and to participate in liquidation.

GASCI Summary of Financials Session 374 Sept. 20, 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, DIH, CCI, CBI, DDL, DTC, BTI, GSI, JPS, and SPL.
2010 – Final results for 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 News 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.