Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 385’s trading results showed consideration of $1,919,024 from 127,306 shares traded in 12 transactions as compared to session 384 which showed consideration of $595,143 from 21,547 shares traded in 8 transactions.  The stocks active during this week’s session were DDL, PHI and RBL.

Demerara Distillers Limited’s (DDL) eight trades totalling 112,813 shares represented 88.62% of the total shares traded.  DDL’s shares were traded at a Mean Weighted Average Price (MWAP) of $10.0, which showed an increase of $0.1 from its previous close of $9.9.  DDL’s trades contributed 58.61% ($1,124,649) of the total consideration. DDL’s first five trades totalling 34,811 shares were at $9.9, while its final three trades totalling 78,002 shares were at $10.0.

Property Holdings Incorporated’s (PHI) single trade of 2,417 shares at $8.9 represented 1.90% of the total shares traded.  PHI’s shares were traded at a Mean Weighted Average Price (MWAP) of $8.9, which showed no change from its previous close.  PHI’s trade contributed 1.12% ($21,511) of the total consideration.

Republic Bank (Guyana) Limited’s (RBL) three trades totalling 12,076 shares represented 9.48% of the total shares traded.  RBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $64.0, which showed a decrease of $1.0 from its previous close of $65.0.  RBL’s trades contributed 40.27% ($772,864) of the total consideration. All of RBL’s shares were traded at $64.0.

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.

GASCI Summary of Financials Session 383 Dec. 6, 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.

TERM OF THE WEEK

Cash Equivalents: Short-term investments (usually no longer than three (3) months) with insignificant risk of changes in value, that can be readily converted to cash.