Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 426’s trading results showed consideration of $205,000 from 16,000 shares traded in 6 transactions as compared to session 425 which showed consideration of $9,637,409 from 130,419 shares traded in 5 transactions.  The stocks active this week were DIH, DBL and DDL.

Banks DIH Limited’s (DIH) two trades totalling 2,000 shares represented 12.50% of the total shares traded.  DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $12.5, which showed no change from its previous close. DIH’s trades contributed 12.20% ($25,000) of the total consideration. Both of DIH’s trades were at $12.5.

Demerara Bank Limited’s (DBL) single trade of 2,000 shares at $24.0 represented 12.5% of the total shares traded.  DBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $24.0, which showed no change from its previous close. DBL’s trade contributed 23.41% ($48,000) of the total consideration.

Demerara Distillers Limited’s (DDL) three trades totalling 12,000 shares represented 75.00% of the total shares traded.  DDL’s shares were traded at a Mean Weighted Average Price (MWAP) of $11.0, which showed no change from its previous close. DDL’s trades contributed 64.39% ($132,000) of the total consideration. All of DDL’s trades were at$11.0.

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

Absolute Interest:    An individual with an absolute interest has both a legal and beneficial ownership of the said asset or property. The term “absolute interest” indicates that the owner’s interest is not diluted by another party’s ownership, nor is it dependent on conditions that must be fulfilled.

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.

GASCI Summary of Financials Session 426 September 19, 2011

 

 

 

 

 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.

2008 – Final results for PHI.

2010 – Final results for CCI and JPS.

2011 – Interim results for TCL, DIH, CBI, DBL, DDL, DTC, BTI, GSI, RBL and            SPL.

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.

 

 

 

 

 

 

 

 

 

 

 

 

 

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.