Stock market updates
GASCI reports that session 513’s trading results showed consideration of $13,858,643 from 170,274 shares traded in 22 transactions as compared to session 512 which showed consideration of $20,166,179 from 215,350 shares traded in 15 transactions. The stocks active this week were DIH, DDL, DTC, BTI, PHI and SPL.
Banks DIH Limited’s (DIH) nine trades totalling 103,878 shares represented 61.01% of the total shares traded. DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $19.1, which showed a decrease of $0.9 from its previous close of $20.0. DIH’s trades contributed 14.28% ($1,978,341) of the total consideration. DIH’s first trade of 10,000 shares was at $19.7, its second to fourth trades totalling 35,361 shares were at $19.0, its fifth and sixth trades totalling 35,317 shares were at $19.5, its seventh and eighth trades totalling 3,200 shares were at $19.0, while its ninth trade of 20,000 shares was at $18.0.
Demerara Distillers Limited’s (DDL) four trades totalling 27,840 shares represented 16.35% of the total shares traded. DDL’s shares were traded at an MWAP of $16.3, which showed an increase of $0.3 from its previous close of $16.0. DDL’s trades contributed 3.28% ($455,062) of the total consideration. DDL’s first trade of 6,740 shares was at $16.3, its second trade of 19,000 shares was at $16.4, while its third and fourth trades totalling 2,100 shares were at $16.0.
Demerara Tobacco Company Limited’s (DTC) four trades totalling 492 shares represented 0.29% of the total shares traded. DTC’s shares were traded at an MWAP of $1,110.3, which showed an increase of $10.3 from its previous close of $1100.0. DTC’s trades contributed 3.94% ($546,200) of the total consideration. DTC’s first trade of 250 shares was at $1120.0, while its second to fourth trades totalling 242 shares were at $1100.0.
Guyana Bank for Trade and Industry Limited’s (BTI) two trades totalling 25,300 shares represented 14.86% of the total shares traded. BTI’s shares were traded at an MWAP of $415.4, which showed a decrease of $34.5 from its previous close of $449.9. BTI’s trades contributed 75.84% ($10,510,000) of the total consideration. BTI’s first trade of 300 shares was at $450.0 while its second trade of 25,000 shares was at $415.0.
Property Holdings Incorporated’s (PHI) single trade of 10,000 shares at $6.5 represented 5.87% of the total shares traded. PHI’s shares were traded at an MWAP of $6.5, which showed a decrease of $2.2 from its previous close of $8.7. PHI’s trade contributed 0.47% ($65,000) of the total consideration.
Sterling Products Limited’s (SPL) two trades totalling 2,764 shares represented 1.62% of the total shares traded. SPL’s shares were traded at a Mean Weighted Average Price (MWAP) of $110.0, which showed no change from its previous close. SPL’s trades contributed 2.19% ($304,040) of the total consideration. Both of SPL’s trades were at $110.0.
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
Bond Washing: Selling a bond cum dividend and then repurchasing it ex dividend in order to convert the coupon element of the bond’s price into a capital gain, rather than receiving the coupon income.
In the UK, it does not affect the investor’s tax liability, because the gain on sale due to the interest accrual in the bond’s price is taxed as income.
Source: Dictionary of Financial and Securities Terms
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GASCI Summary of Financials Session 513 May 29, 2013
Notes
1 – Interim Results
2 – Prospective Dividends
3 – Shows year-end EPS but Interim Dividend
EPS: earnings per share for the 12- month period to the date the latest financials have been prepared. These include:
2005 – Final results for GTI.
2008 – Final results for PHI.
2011 – Final results for RDL.
2012 – Interim results for BTI.
2012 – Final results for TCL, CCI, DDL,
DTC, GSI, JPS and SPL.
2013 – Interim results for DIH, CBI, 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.
