TTSE: Still marking time

Monday, 8th July 2013 | Price changes on the Trinidad & Tobago Stock Exchange were moderate ranging from an increase of 8 cents to a decline of 5 cents as trading took place in 14 securities of which 2 advanced, 4 declined and 8 traded firm. The total amount traded was $4.3 million as 935,265 units traded. The mutual funds contributed 118,600 units valued at $2.668 million to the total amounts that traded. The all Trinidad & Tobago index gained slightly to close at 1,828.28 but the cross listed and the composite fell moderately.

Trinidad Cement traded 667,304 shares valued at $667,304, followed by Jamaica Money Market Brokers with a volume of 91,242 shares being traded for $41,099 as the stock fell by 5 cents. National Commercial Bank contributed 18,654 shares with a value of $22,365, while Guardian Holdings added 12,300 shares valued at $199,475 while putting on 8 cents to close at $16.22.

IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer market sentiment indicator shows that bids for 2 stocks were higher with 3 stocks having offers lower than their last selling price.

West Indian Tobacco closed with a bid for 1,000 units at $117.50 the last traded price was $117.25 the offer is for 100 units at $118.

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Stocks to watch and buy

Monday, 8th July 2013 | Better investing starts with a watch list. IC Insider, your independent source of market intelligence about the Jamaica and Trinidad & Tobago stock exchanges, publishes a weekly watch list based on emerging market data and trending trading activity.

In addition to a watch list, for the first time we’re introducing the stocks that have received our analysts’ Buy Rated seal of approval. Unlike a stock broker’s ‘buy’ recommendation, IC Insider has no vested interest in any stock transaction or conflict of interest. Our research is backed by published reports of the company’s performance and insights of future earnings that can be found at ICInsider.com. The final decision to buy, or not, is your personal choice.

To search for published company results on IC Insider, please use ‘Search IC Insider’ and enter the company name, in full or in part.

StockWatch+BuyRated_jul13

TTSE: Demand up for TT Cement shares

Friday, 5th July 2013 | The level of trading on the Trinidad exchange amounted to 250,000 units valued at $12 million as 12 stocks changed hands with 7 increasing in price versus 2 declining.

Shares trading in reasonable quantity are Republic Bank with 91,064 shares for a value of $10,018,860, Trinidad Cement with a volume of 50,000 shares amounting $50,000, Scotia Investments with 19,378 shares with a value of $35,849, National Flour Mills 18,588 shares valued at $14,870 and West Indian Tobacco Company traded 5,000 shares with the price up by 22 cents to end the day at $117.25. Conversely, Clico Investment Fund was the only active security on the Mutual Fund Market, posting a volume of 36,820 shares valued at $828,450 and the stock price declined by $0.01 to end at $22.50.

Trinidad Cement traded 50,000 shares at a $1, up 5 cents and has a solid bid for 623,000 at $1 at the close.

One Caribbean Media traded at a 52 weeks high of $17.43 with 6,800 units trading with the price gaining 3 cents. Prestige Holdings lost 2 cents while trading 10,852 units at $9.35 each.

IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer market sentiment indicator shows that bids for 3 stocks were higher with 2 stocks having offers lower than their last selling price.

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TTSE_PE_RatioJul5

TTSE: Unilever up $1.47

Thursday, 4th July 2013 | Unilever Caribbean stock gained $1.47 to end the day at $54.01, a 52 weeks high, as 1,000 shares valued at $54,000 traded. This stock was included in this week’s Stock to Watch list.

At the end of trading, 10 stocks traded with 3 advancing, 4 declined and 3 traded firm as a total of 198,330 shares crossed the floor of the exchange valued at $3,023,973 in the main market and 90,134 shares valued at $2,029,102 traded in the Mutual Fund Market.

Sagicor Financial Corporation saw 101,730 shares changing hands for a value of $635,808, Jamaica’s National Commercial Bank with 47,946 shares trading amounted to $57,535. ANSA McAL chipped in with 20,948 shares with a value of $1,407,308 and Guardian Holdings contributed 18,392 shares valued at $296,841. Clico Investment Fund, another stock in the watch list, suffered a 49 cents drop to close at $22.51.

IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer market sentiment indicator shows that bids for 3 stocks were higher with 3 stocks having offers lower than their last selling price.

TTSEJul4

TTSE: Arbitrage opportunity – Scotia Investments

Wednesday, 3rd July 2013 | Scotia Investments traded 131,806 shares for $238,216 on the Trinidad Stock Exchange today, as the stock traded up 3 cents to close at $1.81 or Jamaican value of $28.60 compared to the stock price of $26.25 on the Jamaica Stock Exchange creating an arbitrage situation.

Elsewhere, trading picked up as 17 stocks traded, the most for some time. The end result is that 5 stocks advanced, 2 declined and 10 traded firm.

On the Mutual Fund Market, 1,097 shares changed hands for a value of $5,837. Praetorian Property Mutual Fund was the most active security, with a volume of 990 shares valued at $3,376.

Trading in the main market accounted for 587,979 units valued at $1,725,269 as Trinidad Cement had a volume of 258,135 shares changing hands for a value of $245,228. Sagicor Financial Corporation 93,949 shares with a value of $588,119, National Enterprises had 11,500 shares traded for a value of $182,980. Angostura Holdings chipped in with 4,070 shares with a value of $36,630.

National Commercial Bank Jamaica added 58,152 shares valued at $69,914.

One Caribbean Media Limited closed at a 52 weeks high of $17.40, increasing by 10 cents.

IC indicator | At the end of trading, the Investor’s Choice bid-offer sentiment indicator shows that bids for 3 stocks were higher with 3 stocks that had offers lower than their last selling price.

West Indian Tobacco Company, which has been on a run from April, is one of the stocks that had a bid above the last selling price.

TTSEJul3

TTSE: Witco drops back by $3

Tuesday, 2nd July 2013 | The West Indian Tobacco Company stock that reached a new all-time high yesterday after making several other highs in recent past months, lost the $3 it gained in yesterday’s trading with only 210 units sold.

Market activity resulted in 13 securities trading of which 2 advanced, 2 declined and 9 traded firm with trading in the main market accounting for 210,003 units valued at only $286,299. JMMB dominated the trading volume with 121,356 shares for a value of $60,678. The share price of JMMB is relatively small compared to most of the listed companies shares, hence the value traded was far less than Monday’s $1,004,310 while Clico Investment Fund, traded just213 shares valued at $4,899 in the mutual fund segment. Trinidad Cement had a volume of 76,059 shares changing hands for a value of $72,256. Sagicor Financial Corporation 5,825 shares with a value of $36,686, National Enterprises had 11,500 shares traded for a value of $182,980. Angostura Holdings chipped in with 4,070 shares with a value of $36,630.

IC indicator | At the end of trading, the Investor’s Choice bid-offer sentiment indicator shows that bids for 4 stocks were higher with 3 stocks that had offers lower than their last selling price.

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TTSE_PE_RatioJul2

Stocks to watch: week of 1st July, 2013

Keep an eye on these stocks for movement | There aren’t many changes to this week’s posting compared to last weeks’. We added two new ones in the junior market as the Lasco companies gain interest from the approved stock split of 10 for 1 and one for the TTSE.

StocksToWatchJul1

TTSE: Witco all the rage, up $3

Monday, 1st July 2013 | The West Indian Tobacco Company marked a new all-time high, increasing by $3 to end the day at $120 as it traded 1,861 units between $117 and $120 the last traded price. Scotiabank declined by $0.21 to close at $69.75 while trading 3,600 shares valued at $251,100.

Overall market activity resulted in 10 securities trading of which 2 advanced, 4 declined and 4 traded firm.

Trading in the main Market took place in 193,120 units valued at $1,004,310 and Clico Investment Fund traded 165,350 shares valued at $3,802,530 in the mutual fund segment. Trinidad Cement had a volume of 169,589 shares changing hands for a value of $161,110, followed by National Enterprises with a volume of 11,500 shares being traded for $182,980. Guardian Holdings contributed 4,750 shares to the level of trading with a value of $76,000.

IC indicator | At the end of trading, the Investor’s Choice bid-offer sentiment indicator shows that bids for 2 stocks were higher with 3 stocks that had offers lower than their last selling price.

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TTSE: PE ratio chart

In a market with stocks that trade at high PE ratios, this PE Chart shows the potential for price growth and bargains that can be had on the Trinidad Stock Exchange (as of May 2015).

 

 

TTSE: Witco’s new high, only 5 stocks traded

Friday, 28th June 2013 | The West Indian Tobacco Company recording a new record trading at 52 weeks high when it closed up by $1 at $117, as 3 stocks enjoyed positive changes in price with only 5 stocks trading with a volume of 217,976 shares valued at $8,117,281.

Neal & Massy Holdings had 94,995 shares changing hands for a value of $5,604,705. Republic Bank traded 10,663 shares at a value of $1,173,112. Angostura Holdings traded 92,274 shares for a value of $830,466. National Flour Mills contributed 15,800 shares to the total amount that traded, with a value of $12,450.

IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer market sentiment indicator shows that bids for 2 stocks were higher with 4 stocks that had offers lower than their last selling price.

TTSEJun28