Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 371’s trading results showed consideration of $26,784,580 from 1,739,858 shares traded in 14 transactions as compared to session 370 which showed consideration of $2,675,200 from 186,334 shares traded in 13 transactions.  The stocks active during this week’s session were DIH, DBL and BTI.

Banks DIH Limited’s (DIH) three trades totalling 12,858 shares represented 0.74% of the total shares traded.  DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $10.9, which showed a decrease of $1.1 from its previous close of $12.0.  DIH’s trades contributed 0.52% ($139,580) of the total consideration. DIH’s first two trades totalling 11,000 shares were at $11.0, while its third trade of 1,858 shares was at $ 10.0.

Demerara Bank Limited’s (DBL) ten trades totalling 1,722,000 shares represented 98.97% of the total shares traded.  DBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $15.0, which showed no change from its previous close.  DBL’s trades contributed 96.44% ($25,830,000) of the total consideration. All of DBL’s trades were at $15.0.

Guyana Bank for Trade and Industry Limited’s (BTI) single trade of 5,000 shares at $163.0 represented 0.29% of the total shares traded.  BTI’s shares were traded at a Mean Weighted Average Price (MWAP) of $163.0, which showed an increase of $3.0 from its previous close of $160.0.  BTI’s trades contributed 3.04% ($815,000) 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.

GASCI Summary of financials Session 371 Aug. 30, 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.

2009 – Final results for CCI, DDL, GSI, JPS and SPL.

2010 – Interim results for TCL, DIH, CBI, DBL, DTC, BTI 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.

TERM OF THE WEEK

Asset Value: The value of a company shown in its Statement of Financial Position (Balance Sheet) as shareholders capital and reserves divided by the total number of shares outstanding.