Bourse Report| 07.11.2022| TCL Results Solid, WCO Revenues Slip
This week, we at Bourse review the financial performance of Trinidad Cement Limited (TCL) and West Indian Tobacco Company Limited (WCO) for the nine-month period ended September 30th, 2022 (9M2022). TCL benefitted from increased revenues and improved margins on account of higher cement sales, while WCO reported a decline in profitability impacted by company-specific headwinds. […]
Bourse Report|31.10.2022| Banking Sector Signalling Recovery?
This week, at Bourse, Sarodh Ramkhelawan, reviews Banking Sector of the Trinidad and Tobago Stock Exchange (TTSE), the largest sector by value or market capitalization accounting for over half of the TTSE’s total market value. Despite volatile financial markets and heightened uncertainty at the global level, banking sector earnings have – on aggregate – largely […]
Bourse Report|10.10.2022| Equity Markets Struggle in 2022
This week, at Bourse, Sarodh Ramkhelawan recaps the performance of local and international stock markets as at the end of the 3rd quarter of 2022 (9M 2022). Equity markets continue to face considerable uncertainty, as central banks around the world attempt to control persistent inflation at the risk of sparking recessionary conditions. Could investor sentiment […]
Bourse Report| 3.10.2022| Budget FY2023: A Double-Edged Sword?
This week, we at Bourse provide an overview of the FY2023 Budget, with announced fiscal measures likely to make an impact on consumers and investors alike. As we enter into the new fiscal period with forecast economic growth, what could be the themes and/or announcements that drive investor opportunities?
Bourse Report| 12.09.2022| TTNGL Outlook Improves
This week, at Bourse, Sarodh Ramkhelawan reviews the performance of the sole member of the Energy Tier of the domestic exchange, Trinidad and Tobago NGL Limited (TTNGL) for the half year ended June 30th, 2022. TTNGL reported significantly improved earnings on account of robust energy markets and increased profitability from its solitary investee company, Phoenix […]
Bourse Report| 29.08.2022| Massy Advances, AMCL Dips
This week at Bourse, Sarodh Ramkhelawan reviews the performance of two locally-based groups on the Conglomerate sector of the Trinidad & Tobago Stock Exchange (TTSE), Massy Holdings Limited (MASSY) for the nine-month period ended June 30th 2022 and Ansa McAL Limited (AMCL) for the half-year period ended June 30th 2022. MASSY reported improved earnings owing […]
Bourse Report| 22.08.2022| NCBFG, GHL Earnings Improve
This week, at Bourse, Sarodh Ramkhelawan reviews the performance of NCB Financial Group Limited (NCBFG) for the nine months ended June 30th, 2022 (9M 2022) and Guardian Holdings Limited (GHL) for the six months ended June 30th 2022 (HY 2022). Both Groups benefitted from increased Net Premium Income but were negatively affected by high levels […]
Bourse Report| 15.08.2022| AHL Improves, WCO Slips
This week, at Bourse, Sarodh Ramkhelawan reviews the financial performance of Angostura Holdings Limited (AHL) and The West Indian Tobacco Company Limited (WCO) for the six-month period ended 30th June, 2022. Both companies would be poised to benefit from the reopening of economies and a revival of entertainment industries. AHL reported strong revenue growth driven […]
Bourse Report |08.08.2022| Republic, First Citizens Record Improved Earnings
This week, at Bourse Sarodh Ramkhelawan, reviews the performance of local Banking Sector stalwarts Republic Financial Holdings Limited (RFHL) and First Citizens Group Financial Holdings Limited (FCGFH) for their nine months (9M 2022) ended 30th June, 2022. RFHL was able to deliver earnings growth driven by increased Operating Income. FCGFH, meanwhile, reported lower Operating Income […]
Bourse Report| 18.07.2022| A Guide to Investing in Choppy Markets
This week, at Bourse Sarodh Ramkhelawan, focuses on investors who may need guidance in the current environment. In an investment landscape still fraught with uncertainty and with financial markets shouldering heavy losses, investors may be thinking of throwing in the proverbial towel to wait on the side lines until conditions improve. Under these challenging conditions, […]
