When we highlighted the stocks with the best potential for gains in the Trinidad Stock Market for the week ending June 28th, Trinidad Cement showed a potential to gain 900% with a PE of 3.17. and a stock price of 95 cents.
Since then, the stock has appreciated to $1.76 at August 16th, reducing the potential gain to 650%. Since July 1st, the stock is up 85% from when it traded at 95 cents. No other stock has appreciated close to that of TCL and the potential gains remain the same as was projected last week. TCL looks as if it will continue to increase in price over the coming week as the bid at the close on Friday was a bit higher than the last selling price of the stock.
The PE Chart continues to reflect good buying opportunities for a number of the stocks apart from TCL.
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[…] Cement that has shown 85% increase in value since July 1st with lots of potential based on the TTSE PE Ratio […]