National Flour Mills was priced at 75 cents on July 26, last year. At the end of August this year, the stock is selling at $1.30, a gain of 73 percent.
IC insider had the stock as the second on the list of stocks on the Trinidad Stock Exchange, with potential gains, with 252 percent at the end of July last year. It remained as number 2 up to September 20th. By the end of the following week, the stock price moved up to 89 cents and the position slipped to number 4 top potential gainer, with likely gains of 197 percent as the price rose.
At the end of December, the potential declined to 172 percent, but it was still at 4th position. By July the stock moved back into number 2 position as the earnings were upgraded to 16 cents per share in April, with potential gains of 252 percent once more.
The stock sits at number 5 presently, with a potential gain of 171 percent. Immediately below at 114 percent, is Massy Holdings. Citizens Bank sits next with likely gains of 68 percent and Republic with 42 percent. At the top is Trinidad Cement with 256 percent followed by Point Lisas with 210 percent, Guardian 207 percent and Berger 205 percent.
Since July last year, the performance of some of the IC Insider potential gainers on the Trinidad Stock Exchange are, Trinidad Cement with gains of 178 percent, First Citizens, 52 percent from its IPO price, Massy Holdings 17 percent, One Caribbean Media 39 percent, Point Lisas and Republic Bank 11 percent each.
National Flour Mills up 73% more gains coming
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[…] just over US$500 now but below US$500 per tonnes for quite a bit of the reporting period this year. National Flour earnings for the full year to December should end around 40 cents per share. The stock trades at […]
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[…] million and Trinidad Nitrogen Company $157 million versus $192 million in 2014 and $29 million. National Flour Mills in which NEL owns 51 percent also reported improved earnings, this company is listed on the Trinidad […]
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[…] National Flour Mills reported profit of TT$21.8 million in 2014 for the full year but just reported a big jump in profit for the March quarter of $9 million, just under 50 percent of the full year’s results, the company’s latest results battered the $1.9 million made in 2014 first quarter. Earnings per share ended at 7 cents for the quarter, if the trend continues the company should generate around 30 cents per share in profits for 2015. The 2015 results flowed from a 21 percent increase in revenues to reach $121.5 million. Improved efficiency resulted in gross profit margin jumping to 24.5 percent from 18 percent in 2014. Administrative expenses jumped sharply in the quarter over that of 2014 by 77 percent to $11.9 million, while selling and distribution cost rose by 20.5 percent to $7.9 million. National Flour generated $14.9 million in cash flows in the quarter but used it to fund increased working capital needs. In Addition it used up some of the cash funds it had on hand at the end of 2014 totalling $43 million to pay down the loans, reducing loans from $122 million to $94 million, leaving $19 million in cash at the end of March. The stock which is listed on the Trinidad and Tobago Stock exchange closed on Tuesday at $1.70 but is selling at a low PE of just 5.6 times this year’s earnings, making it extremely cheap based on Trinidad’s usually high multiples that tends to be in the high teens. Based on the 2015 results reported and our projection for the full year, IC Insider has elevated the National Flour status, to Buy Rated. […]
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[…] Citizens Bank trading 5,904 shares valued at $211,341 to close with a gain of 2 cents, at $35.80. National Flour Mills contributed 6,304 shares and closed with a gain of 6 cents at a new 52 weeks’ high of $1.70. The […]
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[…] shares at $3.49, Guardian Media added 11,414 shares valued at $225,541 and closed at $19.76while National Flour Mills closed at $1.60 with 300 units traded. National Enterprises traded 119 shares to close at $17.30 […]
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[…] advanced by 2 cents to end at $22.54, First Citizens Bank gained 8 cents to end the day at $35.46, National Flour Mills with a volume of 139,713 shares being traded for $216,325 closing 5 cents up at $1.55. Massy […]
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[…] 40,000 shares changing hands at $1.55, National Enterprises with 6,600 shares to end at $17.35, National Flour Mills contributed 387 shares at $1.50 and One Caribbean Media with a volume of 33,283 shares being traded […]
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[…] at 43 cents with 970 units changing hands, National Enterprises traded 10 units to close at $17.35, National Flour Mills traded 3,200 shares at $1.55, Scotia Investments with 5,413 shares closed at $ 1.50. Scotiabank […]
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[…] close at 1,974.92 and the Cross Listed Index eased by a mere 0.01 points to end at 41.65. Gains| National Flour Mills was the only stock gaining on Wednesday as 78,955 shares changed hands for a value of $122,380, the […]
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[…] while National Enterprises added 32,693 shares, valued at $567,368 and gained 6 cent at $17.40. National Flour Mills closed with 7,953 shares with a gain of 2 cents to end at $1.52 and Trinidad Cement with 368,999 […]
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[…] Jamaica Money Market Brokers with 105,172 shares changing hands, closed at 43 cents, followed by National Flour Mills, trading 25,340 shares at $1.46. IC bid-offer Indicator| At the end of trading the Investor’s […]
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[…] fell by a mere 0.02 points to end at 41.21. Gains| Stocks increasing in price at the close are, National Flour Mills contributed 66,687 shares with a value of $97,346.73, closed at $1.46 with a 1 cent gain. Prestige […]
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[…] added 12,000 shares at 43 cents. National Commercial Bank ended trading with 300 shares at $1.18, National Flour Mills traded 450 shares at $1.45 and One Caribbean Media traded 30 units to close $23.96. IC bid-offer […]
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[…] Holdings trading 7,990 shares closed with a loss of $1.75 at $65.25 for a new 52 weeks’ low. National Flour traded 9,900 shares and closed 1 cent lower at $1.45, Republic Bank traded 132 units at $118.69, […]
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[…] in price at the close are, ANSA McAL gaining 1 cent to end at $66.77, while trading 20 shares. National Flour Mills gained 7 cents to end at a new 52 weeks’ high of $1.46, with 8,090 shares changing hands and […]
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[…] Gains| Stocks increasing in price at the close are, ANSA Mcal 4,916 $66.76 with a 1 cent gain, National Flour Mills contributed 20,860 shares to close at $1.39 with an increase of 4 cents, West Indian Tobacco gained […]
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[…] fell by 0.91 points to close at 1,983.99 and the Cross Listed Index remained at 41.37. Gains| National Flour Mills with 16,479 shares changing hands closed 9 cent higher at $1.35 and is the sole stock gaining on […]
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[…] 36,856 shares valued at $589,666, increasing 50 cents to end at a new 52 weeks’ high of $16. National Flour Mills with 3,000 shares trading to add 2 cents to end at $1.26 and West Indian Tobacco traded 750 shares […]
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[…] the Cross Listed Index remained at 41.86. Gains| Stocks increasing in price at the close are, National Flour Mills ended with 2,960 units trading, at $1.20 for 1 cent gain, Scotiabank gained 25 cents to end the day […]
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[…] Bank traded 34,700 shares at $1.15, National Enterprises had 1,000 units trading at $17.42. National Flour with 28,724 shares advanced by 1 cent to end at $1.16, Sagicor Financial Corporation traded 823 […]
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[…] Brokers with 239,457 shares changing hands, for $97,698 and closed with 1 cent decline at 40 cents. National Flour Mills added 8,404 shares at $1.15 after losing a cent followed by Republic Bank that traded 232,666 shares […]
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[…] Bank that traded 287 shares and gained 1 cent to end at $39.45, for a new 52 weeks’ high and National Flour Mills gained 1 cent to end the day at $1.16 with 6,000 shares changing hands. Declines| The stocks […]
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[…] higher, at $66.36. Ansa Merchant Bank gained 1 cent, to close at $$39.43 while trading 180 shares, National Flour Mills with 69,833 shares changing hands and closed with a 1 cent gain at $1.12 and Trinidad Cement ended […]
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[…] 3,184 shares at $13.55, Massy Holdings traded 3,689 shares valued at $252,918 and closed at $68.55, National Flour Mills 2,500 shares ended at $1.10, Sagicor Financial Corporation with 478 shares, closed at $6.05 and […]
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[…] added 11,396 shares valued at $200,798 and suffered a loss of 2 cents to close at $17.62, National Flour Mills with 3,000 shares closed at $1.31 with a decline of 4 cents, Sagicor Financial Corporation lost 1 […]
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[…] $9.50, Sagicor Financial Corporation with 104,354 shares traded for $652,550, ended at $6.25, while National Flour Mills added 38,500 shares valued at $50,050 at $1.30. IC bid-offer Indicator| At the end of trading the […]
[…] Gains| Clico Investment Fund closed 1 cent higher with 8,330 shares to end trading at $22.51, National Flour Mills with 8,078 shares trading, gained 4 cents in closing at $2 and Trinidad Cement closed 1 cent higher […]