GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 383’s trading results showed consideration of $467,157 from 32,376 shares traded in 10 transactions as compared to session 382 which showed consideration of $1,633,200 from 18,200 shares traded in 6 transactions.  The stocks active during this week’s session were DIH, DBL, DDL and PHI.
Banks DIH Limited’s (DIH) three trades totalling 4,270 shares represented 13.19% of the total shares traded.  DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $12.0, which showed no change from its previous close.  DIH’s trades contributed 10.97% ($51,240) of the total consideration. All of DIH’s trades were at $12.0.

Demerara Bank Limited’s (DBL) single trade of 18,500 shares at $17.4 represented 57.14% of the total shares traded.  DBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $17.4, which showed no change from its previous close.  DBL’s trade contributed 68.91% ($321,900) of the total consideration.

Demerara Distillers Limited’s (DDL) five trades totalling 8,523 shares represented 26.33% of the total shares traded.  DDL’s shares were traded at a Mean Weighted Average Price (MWAP) of $9.9, which showed a decrease of $0.1 from its previous close of $10.0.  DDL’s trades contributed 18.06% ($84,378) of the total consideration. All of DDL’s trades were at $9.9.
Property Holdings Incorporated (PHI) single trade of 1,083 shares at $8.9 represented 3.34% of the total shares traded.  PHI’s shares were traded at a Mean Weighted Average Price (MWAP) of $8.9, which showed a decrease of $0.5 from its previous close of $9.4.  PHI’s trade contributed 2.06% ($9,639) 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.

TERM OF THE WEEK

Collective Investment Scheme: An arrangement with respect to property of any description the purpose or effect of which is to enable the persons taking part to participate in or receive profits or income arising from such property. [SIA – abbreviated] Unit trusts are collective investment schemes.

GASCI Summary of Financials Session 383 Nov. 22, 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.