Neal & Massy at new high

June 5, 2014 by

Trading levels on the Trinidad stock market was moderate with 15 securities changing hands of which 5 advanced 2 declined and 8 traded firm with 219,721 stocks trading with a value of $1,577,534.
The Composite Index lost 0.28 points to close at 1,183.02, the All T&T Index fell by just 0.55 points to close at 2,030.45 and the Cross Listed Index was unchanged at 43.97.
Gains| Stocks increasing in price at the close are First TTSE 5-6-14Citizens Bank with only 50 units but closed at $38 to gain a cent, Neal & Massy added 2,681 shares valued at $184,243, the price rose 17 cents to close at a new 52 weeks high of $68.75, Point Lisas Industrial Port Development traded only 42 units to close 4 cents higher at $3.86, Republic Bank traded 304 shares as the price rose 5 cents to close at 120.70 and West Indian Tobacco 970 shares traded at $118.15 with a 12 cents increase.
Declines| The stocks declining at the end of trading are Agostini’s with 389 units at $17.49 with a 6 cents fall, Angostura Holdings traded 25,380 shares for $323,695 to close with a fall of 23 cents at $12.75.
Firm Trades| Stocks closing with prices unchanged at the end of trading are Berger Paints that seldom change hands with a mere 9 units trading to close at $3.60, Clico Investment Fund closed with a volume of 37,325 shares valued at $807,836 at $21.65, Jamaica Money Market traded 141,966 shares for a value of $63,885 to close at 45 cents, National Commercial Bank contributed 6,000 shares with a value of $6,300 and closed at $1.05, while One Caribbean Media with 605 shares ended at $22.60, Praetorian Property Mutual Fund had 2,000 units to close at $3.40, Prestige Holdings traded 1,000 shares to close at $9.40 and Scotia Investments traded 1,000 shares and closed at $1.60

IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and 3 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market

2 new highs for T&TSE

June 4, 2014 by

Trading on the Trinidad stock market on Wednesday saw 13 securities changing hands of which 3 advanced 4 declined and 6 traded firm with 405,571 stocks trading with a value of $2,900,962.

The Composite Index lost 0.93 points to close at 1,183.30, the All T&T Index fell 1.53 points to close at 2,031.00 and the Cross Listed Index fell by a mere 0.04 points to end at 43.97.

Gains| Stocks increasing in price at the close are National Enterprises traded 999 shares as the price gained 7 cents to end at $18.90, for a new 52 weeks high, and One Caribbean Media also closed at a new 52 weeks high while trading 571 shares as the rice was up by 5 cents to end at $22.60, Republic Bank 1,000 shares to close at $120.65 with a 5 cents gain.

Declines| The stocks declining at the end of trading are ANSA Mcal lost $1.70 to close at $66.30 with 2,829 units changing hands, Firstcaribbean International Bank with 193,000 shares changing hands for a value of $1,061,586 and closed at $5.50 for a one cent loss, First Citizens Bank contributed 12,457 shares with a value of $473,356 to close with a cent loss at $37.99, National Flour with 395 units to close with the fall of a cent at $1.09

Firm Trades| Stocks closing with prices unchanged at the end of trading are Clico Investment Fund had 29,714 shares valued at $643,308 changing hands but the price remained at $21.65, Flavorite Foods traded 160  units to close at $6.75 Guardian Holdings 5,017 shares to close at $14.75, Jamaica Money Market Brokers with 151,034 shares traded for $67,965 to close at 45 cents, Neal & Massy with 3,371 trading ended at $68.58 and Scotia Investments traded 5,024 shares valued at $8,038 to close at $1.60.

IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than the last selling price and 3 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market

2 new highs for T&TSE

June 4, 2014 by

TTSE sum 4-6-14Trading on the Trinidad stock market on Wednesday saw 13 securities changing hands of which 3 advanced 4 declined and 6 traded firm with 405,571 stocks trading with a value of $2,900,962.             .

The Composite Index lost 0.93 points to close at 1,183.30, the All T&T Index fell 1.53 points to close at 2,031.00 and the Cross Listed Index fell by a mere 0.04 points to end at 43.97.

Gains| Stocks increasing in price at the close are National Enterprises traded 999 shares as the price gained 7 cents to end at $18.90, for a new 52 weeks high, and One Caribbean Media also closed at a new 52 weeks high while trading 571 shares as the rice was up by 5 cents to end at $22.60, Republic Bank 1,000 shares to close at $120.65 with a 5 cents gain.

Declines| The stocks declining at the end of trading are ANSA Mcal lost $1.70 to close at $66.30 with 2,829 units changing hands, Firstcaribbean International Bank with 193,000 shares changing hands for a value of $1,061,586 and closed at $5.50 for a one cent loss, First Citizens Bank contributed 12,457 shares with a value of $473,356 to close with a cent loss at $37.99, National Flour with 395 units to close with the fall of a cent at $1.09

Firm Trades| Stocks closing with prices unchanged at the end of trading are Clico Investment Fund had 29,714 shares valued at $643,308 changing hands but the price remained at $21.65, Flavorite Foods traded 160  units to close at $6.75 Guardian Holdings 5,017 shares to close at $14.75, Jamaica Money Market Brokers with 151,034 shares traded for $67,965 to close at 45 cents, Neal & Massy with 3,371 trading ended at $68.58 and Scotia Investments traded 5,024 shares valued at $8,038 to close at $1.60.

IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than the last selling price and 3 stocks with offers that were lower.

Filed Under: TTSE Market

Neal & Massy & Ansa McAl at new highs

June 3, 2014 by

TTSE 3-6-14Trading levels on the Trinidad stock market saw 11 securities changing hands of which 3 advanced, 2 declined and 6 traded firm with 263,318 stocks trading with a value of $4,509,731.

The Composite Index gained 1.43 points to close at 1,184.23, the All T&T Index rose by just 3.47 points to close at 2032.53 and the Cross Listed Index fell by a mere 0.08 points to end at  44.01

Gains| Stocks increasing in price at the close of trading are ANSA McAL with a volume of 28,246 shares changing hands for $1,890,810 with the price increasing by $1.17 to $68, a new 52 weeks high, Neal & Massy 7,670 units with the price closing with a gain of 8 cents at $68.58, also a new 52 weeks high and Republic Bank 2,640 shares with the price gaining 9 cents to 120.60.

Declines| The stocks declining at the end of trading are Angostura Holdings with 835 units to close 2 cents lower at $12.98, Jamaica Money Market Brokers had 137,660 shares changing hands for a value of $61,947 to close down 2 cents at 45 cents, the day after the company released results showing an 80 percent jump in profits from ongoing operations.

Firm Trades| Stocks closing with prices unchanged at the end of trading are Clico Investment Fund trading 48,998 shares valued at $1,060,807 to close at $21.65, First Citizens Bank added 11,794 shares valued at $448,775 to close at $38.05, Guardian Holdings 5,650 shares to close at $14.75, National Flour Mills with 1,000 shares to close at $1.10, Sagicor Financial Corporation contributed 14,750 shares with a value of $99,648 as the price ended at $6.76 and Trinidad Cement with 4,075 units to close at $1.99.

IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with the bid higher than the last selling price and 3 stocks with offers that were lower.

Filed Under: TTSE Market

Guardian Holdings trades 1m shares

June 2, 2014 by

TTSE sum02-6-14Trading picked up on the Trinidad stock market one day after it closed for holiday on Friday, with Guardian Holdings enjoying trading in 1.03 million units as 11 securities changed hands of which 2 advanced 3 declined and 6 traded firm with 1,115,666 stocks trading with a value of $17,271,690.

The Composite Index gained 0.86  points to close at 1,182.80, the All T&T Index eased by just 0.87 points to close at 2,029.06 and the Cross Listed Index inched up by a mere 0.34 points to end at  44.09.

Gains| Stocks increasing in price at the close are First Citizens Bank with a volume of 26,535 shares being traded for $1,008,561 to close and up by 5 cents at $38.05 and National Commercial Bank contributed 20,000 shares with a value of $21,000 and gained 5 cents to end the day at $1.05.

Declines| The stocks declining at the end of trading are Guardian Holdings with 1,027,600 shares changing hands for a value of $15,082,001 as the price lost 25 cents to close at $14.75, One Caribbean Media lost a cent in trading 520 units to close at $22.55 and Trinidad Cement with 1,000 units closed a cent lower at $1.99.

Firm Trades| Stocks closing with prices unchanged at the end of trading are ANSA McAL added 5,959 shares valued at $395,022 to close at $66.29, Ansa Merchant Bank with 1,000 shares at $38.62, Clico Investment Fund 26,000 shares valued at $562,900 as the price remained at $21.65, Grace Kennedy 900 shares at $3.45, Scotia Investments 4,976 at $1.60 and West Indian Tobacco 1,176 units at $118.03

IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 8 stocks with the bid higher than the last selling price and 3 stocks with offers that were lower.

Filed Under: TTSE Market

Guardian Media profit drops

May 18, 2014 by

Trinidad’s Guardian Media (GML) reported profit after tax that declined to $3.8 million for the first quarter this year from $7.3M in the March 2013 quarter. The media group generated revenues of $44.5 Million for the first quarter compared with $46.1 million earned for the corresponding period in 2013. , The 2013 revenue benefited from advertising relating to election campaigning in that year. The March quarter is not the best in the media business coming after the high advertising Christmas period .
Management indicated in their report to shareholders that the 2014 results was impacted by lower revenues and increased operational costs including the acquisition of the West Indies home series cricket rights for the next six years.
Our Balance Sheet continues to strengthen with increases in net assets of $42.2 Million moving from $273 Million in 2013 to $315 Million in 2014 and cash reserves increased by $3.8 Million over the comparative period.
According to management investments made to date in talent, products and capacity enhancement, and a positive outlook for the economy in 2014, they are confident of achieving the budgeted projections for 2014. They did not disclose what their forecast is but IC Insider expects the company will earn close to the results for 2013 of TT$45 million.

Filed Under: Company News, Company Results, Stock Market, Stocks to watch, TTSE Market

Activity picked up, will it last?

May 2, 2014 by

The market saw a pick-up in trading, with 19 securities being active, of which 6 advanced, 3 declined and 10 traded firm with 1,112,248 stocks trading, valued at $15,182,744.
The Composite Index lost 0.40 points to close at 1,180.79, the All T&T Index rose by 0.24 points to close at 2,018.14 and the Cross Listed Index fell 0.14 points to close at 45.02.
TTSE sum 2-5-14Gains| Stocks increasing in price at the close are, ANSA Mcal trading 100 shares, to close at $66.45, up a cent, Guardian Holdings traded 3,000 units, as the price rose a cent, to $13.51, Jamaica Money Market Brokers with 218,853 shares traded for $109,249, gained 2 cents, to close at 50 cents, National Flour Mills with 543,441 shares changing hands for a value of $590,815, rose 2 cents to end at $1.09 and One Caribbean Media stock price rose by 6 cents, to end the day at $20.46 as 10,401 units were traded, and it closed at a new 52 weeks high and Point Lisas Industrial Port Development traded 500 units, to close with a 4 cents loss, at $3.75.
Declines| Agostini’s traded 200 shares and lost a cent to end at $17.57, Prestige Holdings with 6,280 shares, traded at $9.37, with a fall of 4 cents and Sagicor Financial Corporation added 65,237 shares valued at $440,350 and lost 27cents, to close at $6.75.
Firm Trades| Stocks closing with prices unchanged at the end of trading, are Angostura Holdings which exchanged 56,200 shares, valued $3,734,490 and closed at $13, Ansa Merchant Bank with 1,074 shares, closed at $38.49, Clico Investment Fund closed at $21.58 with 1.945 units changing hands, First Citizens Bank exchanged 10,063 units at $38.50, with a value of $387426, Firstcaribbean International Bank with 37,610 shares changing hands for a value of $206,855, closed at $5.50, while Neal & Massy with 5,705 shares closed at $67, Praetorian Property Mutual Fund with 5,000 shares changing hands, closed at $3.40, Scotiabank with 3,797 shares changing hands closed at $70, Trinidad Cement with 44,917 shares closed at $2 and West Indian Tobacco contributed 97,925 shares with a value of $11,555,150 to close at $118.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.
PE ratio weekly moves| Prices for quite a few stocks changed during the week, but with moderate effect on the PE ratios. Biggest losers were, Trinidad Cement which pushed the potential gain to 615 percent and National Flour Mills that fell to $1.07 from $1.20 at the start of the week and saw the potential gains, climbing to 229 percent, up from 193 percent last week. Guardian Holdings made moderate gains and Citizens continued its recovery, by closing at $38.51 on the bid, up from $38.02 last week. One Caribbean Media and Neal and Massy both closed at new 52 weeks highs, but still has more to gain as they remain undervalued. The average PE ratio for the market is at 14, with 7 stocks trading below and 3 trading just above the average.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , ,

Citizens march on TTSE

May 1, 2014 by

First Citizens Bank continues its recover, by ending with another gain in the march towards the $40 mark once more, on a day with trading in 12 securities, of which 4 advanced, 3 declined and 5 traded firm. Only 93,287 stocks traded, with a value of $5,597,251.
TTSE sum 1-5-14The Composite Index advanced 1.53 points to close at 1,181.19, the All T&T Index rose by 3.05 points to close at 2,017.90 and the Cross Listed Index remained flat at 45.16.
Gains| Stocks increasing in price at the close are, Ansa Merchant Bank trading 3,520 units, to close with a gain of 9 cents at $38.49, First Citizens Bank with 29,063 shares changing hands, for a value of $1,118,588, to close at $38.50, up 28 cents, Neal & Massy enjoyed a 50 cents gain, to end the day at $67, a new 52 weeks high, with 1,650 shares changing hands and Republic Bank with 23,853 shares being traded for $2,870,709, gained 2 cents to close at $120.35.
Declines| In trading, Agostini’s with 569 shares, closed at $17.58 and lost a cent, ANSA McAL lost a cent in trading 148 units, to close at $66.44 and Clico Investment Fund fell by 2 cents, to close at $21.56 in posting 8,395 shares valued at $181,005.
Firm Trades| Stocks closing with prices unchanged, at the end of trading, are Guardian Holdings that contributed 14,746 shares, with a value of $199,071, to close at $13.50, Sagicor Financial Corporation 2,000 units to close at $7.02, Scotiabank traded just 198 units at $70 and Trinidad Cement with 1,250 shares changing hands, closed at $2 while West Indian Tobacco added 7,895 shares valued at $931,610 and closed at $118.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than their last selling prices and only 1 with the offer that was lower.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , ,

More stocks up than down on TTSE

April 30, 2014 by

The Trinidad stock market continues to trade with a slight upward bias on Wednesday, as trading took place in 13 securities of which 5 advanced, 3 declined and 5 traded firm. A total of 468,162 stocks units traded with a value of $8,166,881.
TTSE sum 30-4-14The Composite Index advanced 0.38 points to close at 1,179.66, the All T&T Index rose by 1.45 points to close at 2,014.85 and the Cross Listed Index fell by 0.09 points to close at 45.16.
Gains| Stocks increasing in price at the close are, Angostura Holdings while contributing 35,851 shares with a value of $466,014, closed a cent higher at $13, First Citizens Bank added 22,679 shares valued at $866,443, to close with a gain of 5 cents at $38.22, Guardian Holdings with 84,130 shares changing hands for a value of $1,135,704, closed at $13.50, with a gain of 23 cents, One Caribbean Media contributed 450 units and closed at $20.40 for a 4 cents gain, and another 52 weeks high and Prestige Holdings exchanged 452 units at $9.41, for a one cent gain.
Declines| Flavorite Foods traded 1,000 shares and lost 20 cents, to end at $6.80, Jamaica Money Market Brokers traded 56,380 shares for $27,082 as the price shed 2 cents, to end at 48 cents and Readymix traded just 200 shares to end at $19.60, for a 7 cents fall.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Ansa Merchant Bank with 4,585 units to close at $38.40, ANSA Mcal with 1,643 shares to end at $66.45, Clico Investment Fund posted a volume of 244,332 shares valued at $5,272,411, to close at $21.60, Firstcaribbean International Bank had 16,070 shares trading to close at $5.50 and Trinidad Cement 300 shares to close at $2.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than the last selling price and only one stock with the offer being lower.

Filed Under: Stock Market, TTSE Market

5 up 2 down on TTSE

April 29, 2014 by

The Trinidad stock market closed on Tuesday with trading in 13 securities of which 5 advanced, 2 declined and 6 traded firm with 343,281 units trading, with a value of $2,087,465.
29-4-14The Composite Index advanced by 0.87 points to close at 1,179.28 and the All T&T Index advanced by 1.52 points to close at 2,013.40 and the Cross Listed Index inched up by 0.03 points to close at 45.25.
Gains| Stocks increasing in price at the close of trading are First Citizens Bank that traded 1,414 shares to close with a gain of 6 cents to end at $38.17, Guardian Holdings traded 4,163 units to close at $13.27, up 16 cents, Sagicor Financial Corporation 9,875 shares with a value of $69,323 to close at $7.02, while gaining 2 cents, Scotiabank 1,542 units to close at $70, to gain 25 cents, Unilever Caribbean added 5,300 shares, valued at $311,514 and gained 39 cents to end the day at $58.75, for a new 52 weeks high.
Declines| Agostini’s traded 200 shares to close at $17.59, down 10 cents and National Flour Mills traded 178,722 shares for a value of $191,352, to close at $1.07 for an 11 cents decline,
Firm Trades| Stocks closing with prices unchanged at the end of trading are Angostura Holdings which added 2,709 shares to close at $12.99 and was down by a cent, Ansa Mcal with a volume of 1,000 shares and closed at $66.45, Clico Investment Fund closed at $21.60 while trading 15,030 shares, valued at $324,275, Grace Kennedy traded 3,936 shares to close at $3.60, Trinidad Cement exchanged 114,185 shares for $228,370, to close at $2 and Republic Bank closed at $120.33 with 5,205 units trading.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and no offer was lower.

Filed Under: Stock Market, TTSE Market