TCL stock gains continue

Friday, 23rd August 2013 | Trinidad Cement continues on its merry march upwards on the Trinidad Stock market thus reducing the potential gains left in the stock. It was this week’s greatest mover, moving from a bid of $1.76 at the end of last week to a closing price of $2.05 this week for a gain of nearly 17 cents. With a potential gain of 544 percent left and the bid being firm at $2.05 with a fair volume, expect to see the stock price increase in the week ahead.

National Flour Mills and Guardian Holdings lost value thus increasing the potential gains in these stocks. Elsewhere values remained the same as at the start of the week. Angostura has a bid of $9.11 at the end of trading on Friday , which is above the last selling price, suggesting that it will trade higher in the week. Guardian Holdings looks as if it could decline some more before it starts to rise.

Based on PR ratios, the Top Four stocks with potential on the TTSe are Trinidad Cement, National Flour, Guardian Holdings and Berger TT.

TTSE PE RatioAug23

TTSE PE RatioAug23Chart1

TTSE PE RatioAug23Chart2

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