TTNGL sole stock rising on TTSE – Monday

May 9, 2016 by
T&TNGL climbed 49 cents on TTSE on Monday.

T&TNGL climbed 49 cents on TTSE on Monday.

Trading ended with 3 stocks trading at 52 weeks’ lows as demand for stocks continue to be low on the Trinidad & Tobago Stock Exchange. The market closed with 11 active securities changing hands on Monday.
Trading ended with 2 stocks rising, 3 declining while 6 remained unchanged on Monday as 134,939 shares valued at $3,423,059 changed hands.
The Composite Index declined by 1.68 points to close at 1,118.44, the All T&T Index fell 3.35 points to close at 1,783.89 and the Cross Listed Index remained unchanged at 60.19.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with the bid higher than the last selling prices and 9 with offers that were lower.
Gains|National Enterprises closed with a gain of 4 cents at $11.24 with 2,000 shares changing hands, Trinidad and Tobago NGL jumped 49 cents in closing at $20.99 with 21,411 shares valued at $449,431 trading.
Losses| First Citizens Bank lost $1.04 to close at a 52 weeks’ low of $32 with 3,300 units changing hands. Massy Holdings traded at a 52 weeks’ low of $49.96, after losing 1 cent, to close with 200 shares changing hands and TTSE sum 09-5 -16rScotiabank with 22,479 shares changing hands ended with a fall of 3 cents to close at a 52 weeks’ low of $54.93.
Firm Trades| Ansa Merchant Bank traded 724 units at $39.50, Clico Investment Fund traded 48,260 units valued at $1,090,676 to close at $22.60, Guardian Holdings closed at $13 with 23,500 shares trading, Point Lisas Industrial Port Development traded 10,000 at $3.94, Trinidad Cement ended with 2,038 units trading at $3.35 and West Indian Tobacco traded 1,027 shares to close at $126.36.

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All TTSE index down 8% in 2016 – Wednesday

May 4, 2016 by

StockMarkets Trading ended for the second consecutive days with 4 stocks closing at 52 weeks’ lows as demand for stocks remain low on the Trinidad & Tobago Stock Exchange as sellers offload stocks at lower prices, helping to push the all Trinidad index down nearly 10 percent for the year to date.
The market closed with 15 active securities changing hands on Wednesday with only 2 stocks gaining, 7 declining while 6 remained unchanged as selling pressure continues in the market. Trading ended with 570,894 shares valued at $6,951,799 changing hands. The Composite Index declined by 0.31 points to close at 1,119.00, the All T&T Index eased 0.57 points to close at 1,787.01 and the Cross Listed Index declined by 0.01 points to 59.91. Interestingly, the index for cross listed stocks is up 21 percent for the year to date and helped to negate the fall in the Composite Index to just 4 percent, the All T&T Index has lost 8 percent and seems destined to decline some more with weak demand for Trinidad stocks.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with the bid higher than the last selling prices and 7 with offers that were lower.
Gains| Trinidad and Tobago NGL gained 7 cents, to close at $19.62 with 4,461 shares trading and Guardian Holdings traded 470,714 shares valued at $6,119,282 to close at $13 after rising by 1 cent.
Losses| Clico Investment Fund traded 2,250 units at $22.55 after shedding 5 cents, First Citizens Bank traded 325 shares but fell 8 cents to end at a new 52 weeks’ low of $33.10, Massy Holdings lost 1 cent to close at 52 weeks’ low of $49.99 with 119 shares. Republic Financial fell to a 52 weeks’ low of $108.80 with a loss of 15 cents as 2,909 units changed hands, Sagicor Financial Corporation traded 69 units but fell 2 cents to $7.13.TTSE sum 04-5 -16 Scotiabank had 2,525 shares trading at $54.97 after falling 3 cents for a 52 weeks’ low and Scotia Investments traded 57,768 shares and fell 2 cents to close at $1.62.
Firm Trades| Guardian Media closed at $19.75 with 495 shares traded, JMMB Group closed at 58 cents with 2,000 shares changing hands. National Commercial Bank closed with 20,000 shares trading at $2.35, One Caribbean Media traded just 70 shares and ended at $21.48, Point Lisas Industrial Port Development traded 9,000 at $3.94 and West Indian Tobacco traded 650 shares to close at $126.36.

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National Flour ends at new high

June 1, 2015 by

IC Insider Buy Rated NFM closed at a new 52 weeks high on Monday

IC Insider Buy Rated NFM closed at a new 52 weeks high on Monday

Trading on the Trinidad Stock Exchange ended with 10 securities changing hands of which 1 advanced, 3 declined and 6 traded firm with a total of 239,670 units, valued at $4,595,311.
At the close of the market, the Composite Index rose 0.03 points to close at 1,159.95, the All T&T Index rose by just 0.19 points to close at 1,968.86 and the Cross Listed Index fell by a mere 0.02 points to end at 46.06.
Gains| National Flour Mills was the only stock increasing in price at the close, with 2,770 shares changing hands, to gain of 8 cents at $1.85, for a new 52 weeks’ high.
Declines| The stocks declining at the end of trading are, National Commercial Bank contributing 6,000 shares while losing 19 cents to close at $1.71, Point Lisas with 1,075 shares trading and closing at $3.80 for a loss of 1 cent and Scotia Investments traded 23,500 shares to close 2 cents lower at $1.47. TTSE 1-6-15 Firm Trades| Stocks closing with prices unchanged at the end of trading are, Ansa McAl trading 60 units at $67.05, Clico Investment Fund traded 185,764 units valued at to end at $22.55, First Citizens Bank trading 7,703 shares valued at $275767 to close at $35.80. Massy Holdings with 587 shares closed at $64.10, Prestige Holdings ended with just 100 shares changing hands at $9.90 and Trinidad Cement traded 12,111 units at $2.80.
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 2 stocks with offers that were lower.

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NCB trades at J$35 on TTSE

May 28, 2015 by

NCB closed in Jamaica at $30.10 but ended at the equivalent of J$35 in Trinidad on Thursday

NCB closed in Jamaica at $30.10 but ended at the equivalent of J$35 in Trinidad on Thursday

Trading on the Trinidad Stock Exchange saw Jamaica’s National Commercial Bank ended at a new 52 weeks’ high, the overall market closed with 12 securities changing hands of which 4 advanced, 1declined and 7 traded firm with a total of 462,669 units, valued at $4,056,017.
At the close of the market, the Composite Index rose 4.60 points to close at 1,165.93, the All T&T Index fell 1.24 points to close at 1,968.57 and the Cross Listed Index increased by 1.40 points to end at 47.70.
Gains| Stocks increasing in price at the close are, National Commercial Bank with 105,021 shares changing hands for a value of $204,641 and enjoying an increase of 20 cents to end at a new 52 weeks high of $1.95 or the equivalent of J$35, nearly $5 higher than in Jamiaca. Point Lisas Industrial Port Development traded 75,000 shares valued at $285,750, gained 1 cent and closed at $3.81, Republic Bank traded 560 shares to close with a gain of 1 cent at $115 and Scotia Investments contributed 80,500 shares with a value of $118,335 and closed with a gain of 2 cents at $1.47.
Declines| The only stock declining at the end of trading is National Enterprises with 105,000 shares being trading with a value of $1,806,000 and ended with a loss of 10 cents at a new 52 weeks’ low of $17.20.
TTSe 28-5-15 Firm Trades| Stocks closing with prices unchanged at the end of the market are, ANSA McAL traded 2,600 shares with a value of $174,330 to close unchanged at $67.06, Clico Investment Fund with 31,047 units carry a value of $700,110 to remain at $22.55, First Citizens Bank trading 15,243 shares valued at $545,699 to close unchanged at $35.80. Guardian Holdings with 409 shares closed at $14.15, Guardian Media 6% preference share traded just 20 units at $65.01, Prestige Holdings traded 2,406 shares and closed at $9.99 and Trinidad Cement contributing 44,863 shares to the volume traded, the price closed unchanged at $2.80.
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 2 stocks with offers that were lower.

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Point Lisas undervalued shares

May 17, 2015 by

Bauxite shipProfit before tax for Trinidad’s Point Lisas Port Development Companyand excluding the impact of fair value gains was $15.3M, an increase of 358 percent compared to the same period last year of $3.3M this flowed from a 19.6 percent growth in revenues. Including gains on valuation of investment properties the company reported profit of TT$67 million versus $36 million in 2014.
Volumes handled by the port grew strongly with the containerized cargo operations experiencing a 25 percent increase in volume but general cargo operations suffered a 13 percent compared to the levels recorded in 2014. The growth in containerised cargo resulted from a 10 percent increase in imports, an 11 percent increase in exports along with a 94 percent increase in trans-shipment cargo. For general cargo there was an 88 percent decrease in exports, a 7 percent increase in imports and a 320 percent increase in trans-shipment.
Direct cost rose faster than the growth in revenues with an increase of 29 percent. Administrative expenses remained relatively stable during the quarter at $21 million but other operating expenses declined to 158 million from $20.5 million.
The Group’s total assets grew to $2.33B in the first quarter of 2015, an increase of 3 percent from December 2014 when the asset base was $2.26B. Working capital continues to remain strong having improved from $49M at December 2014 to $65M in March 2015. The shareholders’ equity stood at “PLIPDECO will continue to embark on various endeavours as determined in its strategic plan. These include among other things infrastructural improvements, information technology upgrades (some already implemented during the first quarter 2015), and continuation of the Port expansion project. The preceding undertakings would further enhance efficiency and productivity to effectively position PLIPDECO in its drive towards continued growth$1.966 billion” Ian Atherly, Chairman of the company told shareholders in his report accompanying the quarterly results.
At the rate of income generation in the first quarter Point Lisas could earn around $1.70 per share excluding cap gains in 2015. The stock which is listed on the Trinidad & Tobago Stock Exchange and traded as high as $8.25 in 2007, last traded at $3.69. The net asset value of the stock is $49.60.
The stocks is undervalued and seems to be an interesting, IC Insider is maintaining a BUY RATED status on the stock.

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NCB closes at new high again

March 23, 2015 by

NCB closed at a new 52 weeks' high on TTSE

NCB closed at a new 52 weeks’ high on TTSE

Trading on the Trinidad Stock Exchange ended on Monday, with National Commercial Bank trading at a new 52 weeks’ high. Only 7 securities changed hands of which 3 advanced, 2 declined and 2 traded firm with a total of 497,545 units, valued at $6,754,070.
At the close of the market, the Composite Index lost 0.76 points to close at 1,156.21, the All T&T Index fell 0.76 points to close at 1,974.25 and the Cross Listed Indexadvanced by 0.14 points to close at 44.34.
Gains| Stocks increasing in price at the close are, First Citizens Bank trading 205 shares while gaining 1 cent, to end at $35.31. National Commercial Bank with 328,945 shares changing hands for a value of $513,154 as the price gained 1 cent to close at $1.56 and Trinidad Cement trading 114,185 shares at $2.60 valued at $296,860 as the price gained 10 cents.
TTSE 23-3-15 Declines| The stocks declining at the end of trading are, Guardian Holdings lost 50 cents to close at $14.50 while trading 945 shares and Republic Bank in contributing 49,933 shares with a value of $5,891,595 closed at $117.99, down 1 cent.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Point Lisas Industrial Port adding 3,000 shares to end at $3.52 and Scotiabank traded 332 shares to close at $62.01.
IC bid-offer Indicator|At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.

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5 stocks gained on TTSE Wednesday

March 11, 2015 by

Trading on the Trinidad Stock Exchange closed with 13 securities changing hands of which 5 advanced, 2 declined and 6 traded firm with a total of 256,617 units, valued at $3,637,097.
At the close of the market, the Composite Index rose by 0.45 points to close at 1,149.02, the All T&T Index gained 0.15 points to close at 1,972.82 and the Cross Listed Index increased by 0.14 points to end at 42.61.
TTSE 11-3-15 Gains| Stocks increasing in price at the close are, National Commercial Bank with 17,000 shares trading and closed 1 cent higher, at a new 52 weeks’ high of $1.37. Scotiabank gained 3 cents in trading 462 shares to end at $62.20, Trinidad Cement contributed 16,500 shares and closed 1 cent higher at $2.31, Unilever Caribbean gained 17 cents to end at a new 52 weeks’ high of $65.35 while trading 653 shares and West Indian Tobacco traded 1,728 shares to advance by 1 cent to $125.04.
Declines| The stocks declining at the end of trading are, Angostura Holdings with 1,500 shares trading, closed with a loss of 4 cents, at $14.96 and Agostini’s added 10,000 shares valued at $174,000 and suffered a 20 cents loss, to close at $17.40.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund trading 107,156 shares valued at $2,411,010 to end at $22.5, First Citizens Bank trading 5,917 shares, valued at $209,817 to close at $35.46. Grace Kennedy trading 1,500 shares at $3.60, National Flour Mills exchanging 800 shares at $1.55, Point Lisas Industrial Port Development with 7,551 shares closed at $3.50 and Sagicor Financial Corporation with 85,850 shares changing hands for a value of $437,965, closed at $5.10.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 3 stocks with offers that were lower.

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Winners hard to find on TTSE

March 6, 2015 by

NCB closed at a new 52 weeks' high on the TTSE on Friday

NCB closed at a new 52 weeks’ high on the TTSE on Friday

With interest rates on the rise and profits under pressure in the twin island state of Trinidad and Tobago, is proving difficult to find winners these days on the Trinidad Stock Exchange. In trading on Friday the market closed with 11 securities changing hands of which 1 advanced, 2 declined and 8 traded firm with a total of 537,112 units, valued at $7,799,050.
At the close of the market, the Composite Index rose 3.05 points to close at 1,149.41, the All T&T Index fell by 0.12 points to close at 1,974.63 and the Cross Listed Index increased by 0.83 points to end at 42.47.
Gains| Stocks increasing in price at the close are, National Commercial Bank increased 12 cents to end at a 52 weeks’ high of $1.35 the equivalent of J$24.37 while it closed at $23.50 on the Jamaica Stock Exchange. The stock closed with a bid of $1.35 to buy 171,500 shares with no stock on offer. In Jamaica there are only 4 offers totalling 109,000 units between $25.50 and $33.
Declines| The stocks declining at the end of trading are, Clico Investment Fund traded with 28,280 shares valued at $636,542 and declined by 4 cents to end at $22.50 and First Citizens Bank contributed 40,141 shares with a value of $1,423,400, and closed 3 cents down at $35.46.
TTSE 6-3-15
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Grace Kennedy traded 28,548 shares to close at $3.60, Jamaica Money Market Brokers with a volume of 82,734 shares at 43 cents, National Enterprises 173 shares to close at $17.40, National Flour Mills 1,500 shares traded at $1.55. One Caribbean Media had 12,224 shares changing hands at $23.95, Point Lisas Industrial Port Development traded 4,557 shares to close at $3.50, Republic Bank added 32,120 shares valued at $3,796,795 to close at $118.21, Sagicor Financial Corporation with 286,835 shares changing hands for a value of $1,462,909 at $5.10.
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 3 stocks with offers that were lower.

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2 up 3 down on TTSE on Friday

February 13, 2015 by

Trading on the Trinidad Stock Exchange on Friday, closed with 11 securities changing hands of which 2 advanced, 5 declined and 4 traded firm with a total of 163,247 units, valued at $1,102,443.
At the close of the market, the Composite Index lost 0.47 points to close at 1,146.97, the All T&T Index fell by just 1 point to close at 1,979.4 and the Cross Listed Index increased by a mere 0.01 points to end at 41.17.
TTSE 13-2-15 Gains| Stocks increasing in price at the close are, Clico Investment Fund trading 13,434 shares, valued at $302,420 but gained 1 cent to $22.51 and Sagicor Financial Corporation with of 59,800 shares being traded for $299,598 and gained 1 cent to $5.01.
Declines| The stocks declining at the end of trading are, Guardian Holdings with 1,773 shares changing hands and lost 5 cents to end at $13.15, Point Lisas Industrial Port Development declined by 25 cents to close at $3.50 while 1,050 units were traded. Republic Bank had only 302 shares trading while the price slipped 10 cents to $118.59, Trinidad Cement with 74,482 shares changing hands for a value of $194,310 ended at $2.59, down 19 cents followed by L.J. Williams A share contributed 7,860 shares and lost 1 cent to end at 25 cents.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, First Citizens Bank traded 300 shares and closed at $35.75, Massy Holdings added 2,010 shares valued at $128,138 to close at $63.75, Scotiabank traded 1,636 units to close at $62.10 and Scotia Investments trade 600 shares to end at $1.45.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.
The TTSE market will be closed on Monday and Tuesday due to carnival celebrations.

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WITCO up $1 to $124 on TTSE

February 12, 2015 by

West Indian Tobacco closed at a new 52 weeks' high of $124 on Thursday.

West Indian Tobacco closed at a new 52 weeks’ high of $124 on Thursday.

Trading on the Trinidad Stock Exchange closed with 11 securities changing hands of which 2 advanced, 3 declined and 6 traded firm with a total of 297,532 units, valued at $1,836,996 with West Indian Tobacco closing at a new 52 weeks’ high after putting on $1.
At the close of the market, the Composite Index lost 0.17 points to close at 1,147.44, the All T&T Index rose by just 0.02 points to close at 1,980.45 and the Cross Listed Index fell 0.05 points to end at 41.16.
Gains| Stocks increasing in price at the close are, Trinidad Cement with 168,280 shares changing hands for a value of $447,913 and gained 2 cents to end at $2.78 and West Indian Tobacco traded 2,500 shares, increasing 80 cents to a new 52 weeks’ high of $124.
Declines| The stocks declining at the end of trading are, Grace Kennedy traded 57,898 shares being traded for $208,483 but lost 5 cents to end at $3.60. Massy Holdings declined 12 cents to close at a new 52 weeks’ low of $63.75 while 7,825 units were traded, valued at $498,844, National Enterprises traded 400 shares to close at$17.35 after shedding 5 cents and
TTSE 12-2-15 Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund trading 6,085 shares valued at $136,988 at $22.51, First Citizens Bank trading 310 shares at $35.75, Jamaica Money Market Brokers with 5,000 shares closing at 43 cents. National Flour Mills adding 10,050 shares at $1.45, Point Lisas Industrial Port Development trading 485 units at $3.75 and Sagicor Financial Corporation contributed 36,199 shares with a value of $180,995 to end at $5.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator shows 7 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.

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