Jamaican listing ignites Guardian price on TTSE

After languishing for a long time around the $20 region on the Trinidad and Tobago Stock Exchange, Guardian Holdings’ shares started to rally with the announcement that the stock would relist in Jamaica. On Wednesday, after listing in Kingston, the price jumped more than 10 percent on Thursday to close up $3 to a 52 weeks’ high of  $29, in trading 6,921 shares.
Market activity ended on Thursday with the market rising after trading 57 percent fewer shares, carrying a lower value of 46 percent than Wednesday, resulting in 18 securities trading compared to 14 on Wednesday, with four stocks rising, four declining and ten ending unchanged. The Composite Index advanced 2.58 points to 1,335.49, the All T&T Index added 4.60 points to end at 1,792.81, and the Cross-Listed Index added 0.06 points to settle at 118.58.
At the close, 93,952 shares traded at $2,443,596, down from 225,060 units at $4,538,675 on Wednesday. An average of 5,220 units traded for the day at $135,755 compared to 16,076 at $324,191 on Wednesday. An average of 10,760 units traded at $185,001 for the month to date versus 13,13 units at $206,107. The average trade for April amounted to 11,472 units at $184,959.
The Investor’s Choice bid-offer indicator shows two stocks ending with the bids higher than the last selling prices and three with lower offers.
At the close, Agostini’s remained at $24.40 after trading 6,512 shares, Angostura Holdings traded unchanged at $15.50 with 50 stocks changing hands, Ansa McAL ended at $56.75 with 1,260 stock units clearing the market, Clico Investment Fund lost 5 cents to end at $25.10 in transferring 1,380 stocks. First Citizens Bank remained at $46.45 after trading 1,066 units, FirstCaribbean International Bank traded 110 stock units unchanged at $6.50, Guardian Media climbed 24 cents to $3.25 in exchanging 1,000 units, JMMB Group picked up 1 cent to settle at $1.81 in transferring 1,000 stocks, Massy Holdings traded 6,881 shares at $65.National Flour Mills lost 1 cent to close at $2.39, with 12,143 stocks changing hands, One Caribbean Media closed at $4.50 after trading 590 stock units, Point Lisas lost 5 cents to finish at a 52 weeks’ low of $2.95, with 30 units clearing the market. Republic Financial Holdings remained at $132.52 after 5,922 shares changed hands, Trinidad & Tobago NGL gained 3 cents to close at $13.50 after exchanging 48,260 stock units, Scotiabank closed at $54.65 transferring 360 units. Unilever Caribbean slipped 1 cent to $16.3 after trading 267 shares and West Indian Tobacco remained at $32.98 after an exchange of 200 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Volume picks up on TTSE on Wednesday

Market activity ended on Wednesday, with the market rising after investors traded 135 percent shares carrying a value that was 187 greater than on Tuesday, resulting in slightly more stocks falling than rising at the close of trading on the Trinidad and Tobago Stock Exchange.
Trading took place in 14 securities compared to 13 on Tuesday, with prices of three stocks rising, four declining and seven remaining unchanged. The Composite Index advanced 1.70 points to 1,332.91, the All T&T Index rose 4.77 points to end at 1,788.21, and The Cross-Listed Index lost 0.22 points to settle at 118.52.
At the close, 225,060 shares traded, for $4,538,675, up from 95,789 units at $1,583,782 on Tuesday.
An average of 16,076 units traded for the day at $324,191 compared to 7,368 at $121,829 on Tuesday. An average of 13,135 units traded at $206,107 for the month to date versus 11,664 units at $147,064. The average trade for April amounted to 11,472 units at $184,959.
The Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and two with lower offers.
At the close, Agostini’s remained at $24.40 after exchanging 18 shares, Angostura Holdings traded 2,939 shares and remained at $15.50, Ansa Mcal exchanged 5,236 stock units at $56.75, Clico Investment Fund remained at $25.15 in an exchange of 37,690 stocks. First Citizens Bank fell 5 cents to $46.45, with 265 units changing hands, FirstCaribbean International Bank settled at $6.50 after trading 19,625 stock units, Grace Kennedy gained 10 cents in ending at $5, with 6,550 shares crossing the exchange. Guardian Holdings increased 49 cents to $26 with the swapping of 47,133 stocks, Massy Holdings climbed $1.03 to $65 trading 12,727 shares, National Flour Mills stayed at $2.40 in exchanging 5,340 stocks. NCB Financial Group fell 7 cents to $8.20 after trading 57,493 stock units, Republic Financial Holdings fell 48 cents to $132.52 in switching ownership of 1,114 shares, Trinidad & Tobago NGL lost 2 cents to close at $13.47 after exchanging 21,273 stock units and Unilever Caribbean closed at $16.33 trading 7,657 shares,

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Moderate movements for TTSE stocks

Market activity ended on Tuesday, with the market ending moderate changes to the indices after the trading of 58.5 percent fewer shares worth 37 percent less than on Monday, as more stocks rose than declined at the close of the Trinidad and Tobago Stock Exchange.
Trading took place in 13 securities, down from 15 on Monday, with prices of four rising, three declining and six remaining unchanged. The Composite Index slipped 0.12 points to 1,331.21, the All T&T Index rose 1.38 points to 1,783.44 and the Cross-Listed Index shed 0.24 points to end at 118.74.
At the close, 95,789 shares traded, for $1,583,782 compared to 230,810 units at $2,534,018 on Monday.
An average of 7,368 units traded at $121,829 compared to 15,387 at $168,935 on Monday. An average of 11,664 units traded at $147,075 for the month to date. The average trade for April amounted to 11,472 units at $184,959.
The Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and three with lower offers.
At the close, Agostini’s traded 27,820 shares at $24.40, Angostura Holdings rose 1 cent to $15.50 in switching ownership of 59 units, Calypso Macro Investment Fund climbed 3 cents to $14.30, with 600 stocks crossing the exchange, First Citizens Bank settled at $46.50 while exchanging 5,168 stock units. Grace Kennedy ended at $4.90 in trading 1,571 shares, Guardian Holdings lost 4 cents to close at $25.51 in an exchange of 452 units, JMMB Group ended at $1.80 with the swapping of 7,000 stock units. Massy Holdings closed at $63.97 trading 655 stocks, NCB Financial Group fell 23 cents to $8.27 in an exchange of 43,140 units, One Caribbean Media remained at $4.50 with the swapping of 273 shares. Republic Financial Holdings increased 48 cents in closing at $133, with 230 units clearing the market, Trinidad & Tobago NGL shed 1 cent to $13.49, with 5,027 stock units changing hands and West Indian Tobacco advanced 2 cents to end at $32.98 in switching ownership of 3,794 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

TTSE starts May with mixed fortunes

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Market activity ended on Monday, with the market closing mixed trading 55 percent more shares with a value that was 24 percent less than on Friday, resulting in more falling stocks just edging out those that rose on the Trinidad and Tobago Stock Exchange.
Just 15 securities changing hands compared to 17 on Friday, with three rising, five declining and seven remaining unchanged. The Composite Index fell 0.57 points to 1,331.33, the All T&T Index gained 0.31 points to end at 1,782.06 and the Cross-Listed Index shed 0.21 points to close at 118.98.
At the close, 230,810 shares traded for $2,534,018 compared to 148,870 units at $3,321,551 on Friday.
An average of 15,387 units traded at $168,935 compared to 8,757 at $195,385 on Friday. The average trade for April amounted to 11,472 units at $184,959.
The Investor’s Choice bid-offer indicator shows no stock ended with the bid that is higher than the last selling price and three with lower offers.
At the close, Agostini’s rose 15 cents to $24.40, with 12,100 shares changing hands, Clico Investment Fund closed at $25.15 after exchanging 664 units. First Citizens Bank ended at $46.50 trading 11,476 stock units, FirstCaribbean International Bank settled at $6.50, with 1,000 shares clearing the market. Grace Kennedy dropped 1 cent to close at $4.90 trading 3,000 shares, Guardian Holdings lost 6 cents in closing at $25.55 with the swapping of 3,185 stock units, JMMB Group rose 1 cent to $1.80 after an exchange of 60,658 units. Massy Holdings lost 2 cents to end at $63.97 trading 3,000 stocks, National Flour Mills advanced 5 cents in ending at $2.40 in trading 108,623 stock units, One Caribbean Media remained at $4.50 with the swapping of 1,600 stocks. Republic Financial Holdings fell 46 cents in closing at $132.52, with 4,800 shares crossing the market, Scotiabank ended at $54.65 in switching 1,232 units, Trinidad & Tobago NGL remained at $13.50 trading 9,023 stocks. Unilever Caribbean remained at $16.33 after exchanging 9,100 shares and West Indian Tobacco fell 2 cents to close at $32.96, with 1,349 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

TTSE ends year to date with miniscule gain

Market activity ended on Friday, with the market indices rising after the trading of 64 percent fewer shares than on Thursday, resulting in rising stocks just edging out those declining at the close of the Trinidad and Tobago Stock Exchange, leaving the market to hold on to a modest gain of less than one percent for the first four months of the year.

Trinidad & Tobago Stock Exchange Head Quarters

Trading ended with 17 securities changing hands up from 15 on Thursday, with six stocks rising, five declining and six closing unchanged. The Composite Index rose 2.35 points to 1,331.90, the All T&T Index rose 0.76 points to 1,781.75 and the Cross-Listed Index increased 0.57 points to close at 119.19.
At the close, 148,870 shares traded for $3,321,551 compared to 408,693 units at $3,296,893 on Thursday.
An average of 8,757 units traded at $195,385 compared to 27,246 at $219,793 on Thursday. An average of 1,472 units traded at $184,946 for the month to date versus 11,621 units at $184,376. The average trade for March ended at 12,610 units at $342,338.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than their last selling prices and two with lower offers.
At the close, Agostini’s fell 15 cents to $24.25 in trading 375 shares, Angostura Holdings ended at $15.49 in an exchange of 2,091 stocks, Clico Investment Fund ended at $25.15 after trading 200 units, First Citizens Bank traded 4,562 stock units to close at $46.50. FirstCaribbean International Bank dipped 1 cent to end at a 52 weeks’ low of $6.50, with 1,177 shares changing hands, JMMB Group fell 1 cent to $1.79 in exchanging 6,216 shares, Massy Holdings shed $1.01 to end at $63.99 after trading 350 shares. National Enterprises gained 1 cent to close at $2.81 in switching ownership of 10,000 units, National Flour Mills traded 1,500 shares at $2.35, NCB Financial Group rose 28 cents to $8.50 in exchanging 5,955 stock units. Prestige Holdings dropped 49 cents to close at $7.01 with an exchange of 2,800 units, Republic Financial Holdings rose 72 cents to $132.98 trading 8,690 shares, Scotiabank climbed 15 cents in closing at $54.65 after exchanging 2,942 units. Trinidad & Tobago NGL settled at $13.50 with an exchange of 49,947 shares, Trinidad Cement gained 40 cents in ending at $3.40 while exchanging 19,255 shares, Unilever Caribbean inched 1 cent higher to close at $16.33 while exchanging 12,000 shares and West Indian Tobacco closed at $32.98 after exchanging 20,810 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Steady TTSE trading on Thursday

Market activity ended on Thursday, with the market declining after the trading of 30 percent more shares valued 11 percent less than on Wednesday, resulting in more stocks rising than falling on the Trinidad and Tobago Stock Exchange.
Trading ended with 15 securities changing hands compared to 16 on Wednesday, with four stocks rising, two declining and nine remaining unchanged. The Composite Index slipped 0.15 points to settle at 1,329.55, the All T&T Index fell 1.10 points to 1,780.99 and The Cross-Listed Index increased 0.12 points to 118.62.
At the close, 408,693 shares traded for $3,296,893 compared to 313,974 units at $3,686,330 on Wednesday.
An average of 27,246 units traded at $219,793 compared to 19,623 at $230,396 on Wednesday. Trading month to date averages 11,621 units at $184,376 versus 10,829 units at $182,581. The average trade for March amounts to 12,610 units at $342,338.

The Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Angostura Holdings ended at $15.49 in exchanging 700 shares, Ansa Mcal settled at $56.75 in trading 5,481 stocks, Clico Investment Fund increased 9 cents to $25.15, with 14,147 stock units changing hands. First Citizens Bank remained at $46.50 with the swapping of 1,026 stocks. Grace Kennedy remained at $4.91 in an exchange of 80,355 stock units, Guardian Holdings closed at $25.61 with 16,923 units crossing the exchange, JMMB Group slipped 1 cent to $1.80 in trading 7,500 stock units. Massy Holdings had an exchange of 6,000 stocks at $65, National Flour Mills gained 3 cents in ending at $2.35, with 37,575 stocks crossing the market, Point Lisas remained at $3, with 1,248 stocks changing hands. Scotiabank declined by 15 cents to $54.50 after exchanging 6,062 stocks, Trinidad & Tobago NGL gained 10 cents in ending at $13.50 in exchanging 15,716 units, Trinidad Cement gained 10 cents in closing at $3 after trading 213,335 shares, Unilever Caribbean remained at $16.32 after exchanging 1,000 stock units and West Indian Tobacco ended at $32.98 trading 1,625 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Pull back for TTSE on Wednesday

Market activity ended on Wednesday, with a volume of 298 percent more shares traded valued 175 percent greater than on Tuesday, after 16 securities changed hands down from 20 on Tuesday, with 7 stocks rising, 6 declining and 3 remaining unchanged at the close of the Trinidad and Tobago Stock Exchange.
The Composite Index dropped by a sharp 13.13 points to 1,329.70, the All T&T Index fell 2.70 points to close at 1,782.09 and the Cross-Listed Index shed 3.40 points to settle at 118.50.
Overall, 313,974 shares changed hands for $3,686,330 compared to 78,980 units at $1,341,997 on Tuesday.
An average of 19,623 unitschanged hnds at $230,396, up from 3,949 at $67,100 on Tuesday. Trading month to date averages 10,829 units at $182.581 versus 10,326 units at $179,849. The average trade for March ended at 12,610 units for $342,338.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than the last selling prices and two with lower offers.
At the close, Agostini’s rose 15 cents to $24.40, trading 300 shares, Angostura Holdings gained 7 cents to end at $15.49 after exchanging 40 units, Ansa McAL lost 4 cents to end at $56.75 with a transfer of 164 stocks. Clico Investment Fund added 1 cent to finish at $25.06, with 84,250 stocks crossing the market, First Citizens Bank gained 9 cents to settle a $46.50 trading 2,068 stocks, FirstCaribbean International Bank shed 23 cents to close at a 52 weeks’ low of $6.51, with 1,000 units changing hands. Grace Kennedy lost 9 cents to end at $4.91, with the trading of 10,011 stock units, Guardian Holdings added 1 cent to finish at $25.61 with an exchange of 1,683 units, JMMB Group remained at $1.81 after trading 37,079 shares. Massy Holdings rose $1 to $65, in transferring 640 units, National Enterprises lost 20 cents trading 25,000 shares at a 52 weeks’ low of $2.80, National Flour lost 3 cents to end at $2.32 exchanging 83,792 shares, NCB Financial Group shed 27 cents in closing at $8.22 after trading 37,648 stocks. Republic Financial Holdings remained at $132.26 in the transfer of 500 units, Scotiabank traded 5,504 stock units at $54.65 and Trinidad & Tobago NGL gained 15 cents in closing $13.40, with 24,295 units crossing the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Down day for TTSE stocks

Market activity ended on Tuesday, with the market declining after 81 percent fewer shares traded than on Monday, resulting in 20 securities changing hands compared to 17 on Monday, Trading ended, with no stock rising, five declining and 15 remaining unchanged at the close of the Trinidad and Tobago Stock Exchange.

Trinidad & Tobago Stock Exchange Head Quarters

The Composite Index slipped 0.79 points to 1,342.83, the All T&T Index dipped 1.13 points to close at 1,784.79 and the Cross-Listed Index fell 0.06 points to settle at 121.90.
Overall, 78,980 shares traded, for $1,341,997 compared to 409,039 units at $2,606,837 on Monday.
An average of 3,949 units traded at $67,100 down from 24,061 at $153,343 on Monday. Trading month to date averages 10,326 units traded at $179,849 versus 10,817 units at $188,522. The average trade for March amounted to 12,610 units at $342,338.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s ended trading 405 shares at $24.25, Angostura Holdings lost 7 cents to end at $15.42 after exchanging 960 units, Ansa Mcal shed 1 cent to end at $56.79 with an exchange of 35 stocks, Calypso Macro Investment Fund remained at $14.27 trading 500 units, Clico Investment Fund ended at $25.05, with 6,865 stocks crossing the market. First Citizens Bank stayed at $46.41 trading 2,887 stocks, FirstCaribbean International Bank closed at $6.74, with 1,823 units changing hands, Grace Kennedy traded 1,912 stock units at $5. Guardian Holdings ended at $25.60 with an exchange of 5,788 stock units, Guardian Media closed at $3.01 while exchanging 1,652 stocks, JMMB Group stayed at $1.81 after trading 27,705 shares. Massy Holdings remained at $64, with 85 units changing hands, National Flour stayed at $2.35 exchanging 6,860 shares, NCB Financial Group closed at $8.49 after exchanging 1,000 stocks. One Caribbean Media fell 39 cents to $4.50 trading 1,000 units, Republic Financial Holdings fell 10 cents to $132.26 in trading 3,225 units, Scotiabank traded stock units at $54.65. Trinidad & Tobago NGL shed 25 cents in closing at a 52 weeks’ low of $13.25, with 11,323 units crossing the market, Unilever Caribbean remained at $16.32 after an exchange of 2,500 units and West Indian Tobacco closed at $32.98 in trading 500 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Steady trading for TTSE on Monday

Market activity ended on Monday, with the market index slipping after trading 264 percent more shares than on Friday, resulting in slightly more stocks rising than falling at the close of trading on the Trinidad and Tobago Stock Exchange.

Trinidad & Tobago Stock Exchange Head Quarters

At the close, 17 securities traded compared to 16 on Friday, with prices of five rising, four declining and eight ending unchanged. The Composite Index slipped 0.56 points to 1,343.62, the All T&T Index declined 1.09 points to 1,785.92 and the Cross-Listed Index closed unchanged at 121.96.
Overall, 409,039 shares traded for $2,606,83  compared to 112,369  at $2,756,173 on Friday.
An average of 24,061 units traded at $153,343 versus 7,023 at $172,261 on Friday. An average of 10,817 units traded at $188,522  the month to date versus 9,890 units at $190,983. The average trade for March was 12,610 units at $342,338.  
The Investor’s Choice bid-offer indicator shows no stock ending with the bid higher than the last selling price and two with lower offers.
At the close, Agostini’s dropped 15 cents in ending at $24.25 after trading 272 shares, Angostura Holdings remained at $15.49 trading 40 stock units, Clico Investment Fund climbed 5 cents to close at $25.05, with 8,285 stocks crossing the market, First Citizens Bank shed 4 cents ending at $46.41 and exchanging 3,850 units. FirstCaribbean International Bank settled at $6.74 with the swapping of 875 shares, Guardian Holdings remained at $25.60, with 1,599 stock units clearing the market, Guardian Media settled at $3.01, after 6,230 units crossed the market. JMMB Group shed 1 cent to end at $1.81 while exchanging 36,610 shares, Massy Holdings closed at $64 in trading 2,650 stocks, National Enterprises climbed 1 cent to $3, with 132,054 units changing hands. National Flour Mill increased 1 cent to $2.35 trading 128,600 shares, One Caribbean Media rose 1 cent to $4.89 with an exchange of 61,700 stock units, Republic Financial Holdings remained at $132.36 in exchanging 3,131 shares. Scotiabank stayed at $54.65 with the swapping of 3,657 units, Trinidad & Tobago NGL shed 36 cents to end at a 52 weeks’ low of $13.50 trading 17,186 shares, Unilever Caribbean settled at $16.32 in exchanging 500 stock units and West Indian Tobacco gained 6 cents in closing at $32.98, with 1,800 shares changing hands.

 Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

A Supreme dip of 18% in Q1

Profit for Supreme ventures dipped 18 percent in the March 2021 quarter, to $602 million, from $737 million in 2020 from Sale revenues that rose 5.7 percent to $10.7 billion from $10.1 billion in 2021.
Growth in revenues disguises an 8 percent or $400 million dip in revenues for the lottery segment and a $1 billion jump in sports betting.
Gross profit slipped 8.8 percent to $2 billion from $2.3 billion in 2020 as direct cost rose 11 percent from $7.8 billion to $8.7 billion and gross profit margin slipped to 18.84 percent in the 2021 March quarter, from 22.68 percent. Selling, administrative and other expenses rose marginally to $1.32 billion, from $1.30 million in 2020.
Finance cost ended at just $12 million in the quarter, while taxation came in at $163 million from $272 million in 2020.
The company has four reporting segments; Lottery, Sports Betting that includes horseracing, Pin Codes, and Other. During the quarter, the Lottery segment generated revenues of $4.6 billion versus $4.99 billion in 2020, with profit falling 32 percent to $630 million compared to $928 million in 2020. Sports Betting raked in revenues of $3 billion versus $2 billion in 2020 and transformed a $4 million profit into a profit of $246 million in 2021, Pin Codes generated income of $2.95 billion in 2021 with a profit of $46 million versus revenues of $3 billion in 2020 and profit of $69 million and the Other segment had revenues of $125 million with a loss of $155 million compared to revenues of $83 million and with a small $3 million loss in 2020.
Earnings per share came in at 22.46 cents for the quarter, down from 28 cents for 2020. The lottery segment delivered an increase in revenues of 9.6 percent to $5.13 billion, up from $4.68 billion for the similar period in 2019, but the gains were nullified in the first quarter of 2021. With the company now faces increased competition, that could be one reason for the fall in revenues for this segment and is a matter to be closely watched as it could worsen going forward for the rest of the year.

Supreme Ventures traded at $16 on Friday.

Gross cash flow brought in $965 million, but additions to fixed assets and acquisition of subsidiary and the paying of $738 million in dividends resulted in a net outflow of $1.34 billion. At the end of March, shareholders’ equity stood at $4 billion, with borrowings at just $5.9 million. Net current assets ended the period at $7.1 billion, including cash funds of $4.97 billion, with Payables of $3.45 billion.
The company has declared an interim ordinary dividend of 20 cents per stock payable on May 21 to shareholders on record at May 7, with the ex-dividend date of May 6.
The stock traded at $16 on the Main Market of the Jamaica Stock Exchange, with a PE ratio of 16 times 2021 projected earnings of $1. There is the view that earnings to come, will show that the projection is too low.