Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 479’s trading results showed consideration of $1,685,294 from 29,039 shares traded in 9 transactions as compared to session 478 which showed consideration of $1,228,733 from 60,951 shares traded in 7 transactions.  The stocks active this week were DIH, DTC and SPL.

Banks DIH Limited’s (DIH) four trades totalling 16,539 shares represented 56.96% of the total shares traded.  DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $16.5, which showed no change from its previous close. DIH’s trades contributed 16.19% ($272,894) of the total consideration. All of DIH’s trades were at $16.5.

Demerara Tobacco Company Limited’s (DTC) two trades totalling 500 shares represented 1.72% of the total shares traded.  DTC’s shares were traded at a Mean Weighted Average Price (MWAP) of $825.0, which showed an increase of $225.0 from its previous close of $600.0. DTC’s trades contributed 24.48% ($412,500) of the total consideration. Both of DTC’s trades were at $825.0.

Sterling Products Limited’s (SPL) three trades totalling 12,000 shares represented 41.32% of the total shares traded.  SPL’s shares were traded at a Mean Weighted Average Price (MWAP) of $84.6, which showed a decrease of $12.9 from its previous close of $97.5. SPL’s trades contributed 59.33% ($999,900) of the total consideration. SPL’s first trade of 3,000 shares was at $101.0, its second trade of 6,000 shares was at $77.6 while its third trade of 3,000 shares was at $77.1.

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
Benchmark:  A bond whose terms set a standard for the market. The benchmark usually has the greatest liquidity, the highest turnover and is usually the most frequently quoted.

Source: Dictionary of Financial and Securities Terms

GASCI Summary of Financials Session 479  Oct.1,  2012

 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 RDL.
2011 – Final results for TCL.
2012 – Interim results for DIH, CCI, CBI, DBL, DDL, DTC, BTI, GSI, JPS, 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.

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)