Stock market updates

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 398’s trading results showed consideration of $6,327,661 from 140,489 shares traded in eight transactions as compared to session 397 which showed consideration of $25,768,066 from 458,389 shares traded in 17 transactions.  The stocks active during this week’s session were DIH, DDL, RBL and SPL.

Banks DIH Limited’s (DIH) two trades totalling 50,489 shares represented 35.94% of the total shares traded.  DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $12.6, which showed no change from its previous close.  DIH’s trades contributed 10.05% ($636,161) of the total consideration. Both of DIH’s trades were at $12.6.

Demerara Distillers Limited’s (DDL) two trades totalling 2,000 shares represented 1.42% of the total shares traded.  DDL’s shares were traded at MWAP of $11.0, which showed an increase of $0.5 from its previous close of $10.5.  DDL’s trades contributed 0.35% ($22,000) of the total consideration. Both of DDL’s trades were at $11.0.

Republic Bank (Guyana) Limited’s (RBL) two trades totalling 60,000 shares represented 42.71% of the total shares traded.  RBL’s shares were traded at MWAP of $64.2, which showed a decrease of $0.8 from its previous close of $65.0. RBL’s trades contributed 60.84% ($3,850,000) of the total consideration. RBL’s first trade of 50,000 shares was at $64.0, while its second trade of 10,000 shares was at $65.0.

Sterling Products Limited’s (SPL) two trades totalling 28,000 shares represented 19.93% of the total shares traded. SPL’s shares were traded at MWAP of $65.0, which showed no change from its previous close.

SPL’s trades contributed 28.76% ($1,819,500) of the total consideration.  SPL’s first trade of 5,000 shares was at $64.9, while its second trade of 23,000 shares was 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

Issuer:    A company or public sector body that issues stocks.


GASCI Summary of Financials Session 398 March 7, 2011

Notes
1 – Interim results
2 – Prospective
3 – Shows year-end EPS but Interim Dividend

EPS: earnings per share for a 12-month 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, GSI and JPS.
2010 – Final results for DIH, CBI, DBL, DTC, BTI and SPL.
2011 – Interim results for 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)

*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.