Friday, 11 October 2013 | New to Top 6 of our PE Ratio list of stocks on the Trinidad & Tobago Stock Exchange is Point Lisas Port Development as it shows very promising prospects based on the results to June, 2013, excluding the fair value gains or losses on investment property. It now ranks as 5th with a possible 111% potential gain.
Elsewhere, Angostura Holdings’ price has have moved up leaving not much potential gain at current earnings and is now at the bottom of the PE listing with possibly a 15 percent more potential gain. Buyers at this level will be taking on added risk in the hope that 2014 results will continue to show improvement, thus making it an investment worth acquiring based on the scarceness of the stock.
Guardian Holdings potential gains has been reduced and it slipped to 4th in the ranking with a 181% potential gain. National Flour has appreciated to 3rd place and National Enterprises has moved up in price and down in attractiveness but it could still move up by nearly 30 percent.
As at Friday’s close of the market, the bids look interesting for a number of stocks and the coming week could be compelling for investors and the IC Insider’s PE ranking of potential gains.
Image courtesy of Jeroen Van Oostrom/ FreeDigitalPhotos.net
[…] Related posts | TTSE PE: Some stocks lose potential […]