Stock market updates
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 902’s trading results showed consideration of $26,152,703 from 283,622 shares traded in 39 transactions as compared to session 901’s trading results which showed consideration of $13,605,378 from 76,114 shares traded in 38 transactions. The stocks active this week were DIH, DDL, DTC, BTI, RBL and SPL.
Banks DIH Limited’s (DIH) fifteen trades totalling 251,407 shares represented 88.64% of the total shares traded. DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $79.9, which showed no change from its previous close. DIH’s trades contributed 76.81% ($20,087,419) of the total consideration. All of DIH’s trades were at $79.9.
Demerara Distillers Limited’s (DDL) eleven trades totalling 28,380 shares represented 10.01% of the total shares traded. DDL’s shares were traded at a Mean Weighted Average Price (MWAP) of $120.0, which showed no change from its previous close. DDL’s trades contributed 13.02% ($3,405,600) of the total consideration. All of DDL’s trades were at $120.0.
Demerara Tobacco Company Limited’s (DTC) five trades totalling 1,173 shares represented 0.42% of the total shares traded. DTC’s shares were traded at a Mean Weighted Average Price (MWAP) of $1,037.1, which showed a decrease of $0.4 from its previous close. DTC’s trades contributed 4.65% ($1,216,488) of the total consideration. DTC’s first two trades totalling 150 shares were at $1,037.5, its third and fourth trades totalling 1,000 shares were at $1,037.0, while its fifth trade of 23 shares was at $1,037.5.
Guyana Bank for Trade and Industry Limited’s (BTI) three trades totalling 1,570 shares represented 0.55% of the total shares traded. BTI’s shares were traded at a Mean Weighted Average Price (MWAP) of $721.0, which showed no change from its previous close. BTI’s trades contributed 4.33% ($1,131,970) of the total consideration. All of BTI’s trades were at $721.0.
Republic Bank (Guyana) Limited’s (RBL) single trade of 66 shares at $425.0 represented 0.02% of the total shares traded. RBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $425.0, which showed an increase of $24.0 from its previous close of $401.0. RBL’s trade contributed 0.11% ($28,050) of the total consideration.
Sterling Products Limited’s (SPL) four trades totalling 1,026 shares represented 0.36% of the total shares traded. SPL’s shares were traded at a Mean Weighted Average Price (MWAP) of $276.0, which showed an increase of $0.9 from its previous close of $275.1. SPL’s trades contributed 1.08% ($283,176) of the total consideration. All of SPL’s trades were at $276.0.
Best bid: The highest price that a buyer is willing to pay for a security.
Best offer: The lowest price at which a seller is offering to sell securities.
Notes
1 - Interim Results
2 - Prospective Dividends
3 - Shows year-end EPS but Interim Dividend
4 - Shows Interim EPS but year-end Dividend
EPS: earnings per share for 12 months period to the date the latest financials have been prepared. These include:
2016 - Final results for CJL and PHI. 2019 - Final Results for BTI, HCL and
- Interim Results for CCI, DDL, GSI, JPS, RDL and SPL.
- Final Results for DIH, CBI, DBL and RBL.
As such, some of these EPS calculations are based on un-audited figures.
P/E Ratio: Price/Earnings Ratio = Last Trade Price/EPS
Dividend yield = Dividends paid in the last 12 months/last trade price.
Little Otter Candles, Jessica Alexander says, has emerged from her love for candles and home fragrances and out of many months of research into candle-making. The transformation of her earliest efforts at production became the genesis of the current enterprise following “an outpouring of positive feedback” from family and friends for whom she had produced a modest batch of candles. Their review provided the impetus for her to transform a passion into an entrepreneurial pursuit.
Little Otter Candles was launched during the challenging times of the COVID19 pandemic. Accordingly, she believes that the venture may well have served to infuse a measure of inspiration and inspiration into the lives of people whose spirits were negatively impacted by the onslaught of the global pandemic.
Jessica’s Little Otter enterprise follows a rich and respected widespread tradition in candle-making. Long perceived as symbolizing life, love and celebration, candles are also commonly used as part of religious ceremonies and holidays events. In each instance they possess a different meaning, depending on the tradition and beliefs associated with the ritual or ceremony.
In the instance of Little Otter, the candles have their origin in the company owner’s love for working with her hands, the skill deriving from months of research, sharing the outcomes with friends and family and eventually transforming a hobby into a profitable business.
On May 20th last year Dr. Alexander, a qualified Dentist, suppressed her COVID19 concerns sufficiently to officially launch Little Otter Candles & Melts “We launched with four unique scented candles and melts that carried simple statements designed to inspire and motivate our customers,” she says.
Beyond the candles themselves, Jessica ‘talks up’ her packaging which she says seeks to realize easy identification as well as distinction from “our competitors.” Exquisite candles apart, customers are offered the option of having the labels for their candles personalized.
While the constraint of lockdowns confined marketing to the social media platform Jessica is far from disappointed with the marketing strides which she has made.
Little Otter Candles, Jessica says, are “hand-poured in small batches” and are essentially intended “to help you put your feet up, forget the worries and to just relax.” The creation of such an environment, she believes, is important in a national and global environment where concern for the welfare and future or the human community is as high as it has ever been. The enterprise also provides assurances about the chemical-free nature of a product that is designed for home use.
Each candle is labelled with a message that “focuses on self-worth, self-confidence and self-motivation.” That makes their acquisition deliberate, fitting in perhaps, with a particular interlude of challenge or a desire to create a particular mindset to meet the ‘needs’ of a particular circumstance. It is, Jessica believes, probably not accidental that the Little Otter story is, in a sense, centered around the intervention of COVID-19. The initiative, she says, “was founded to bring about encouragement and inspiration in our daily lives.”
Mindful of the environmental impact of her products Jessica says that Little Otter’s candles are all made from “100% soy wax, a vegetable wax created from the oil of soya beans, grown in several regions of Guyana by local farmers, a circumstance which, Jessica says, means that the production of the wax makes a direct contribution to the livelihoods of local farmers.
All of the products are hand made in small batches in the Alexanders’ home studio at Nandy Park on the East Bank of Demerara and can be purchased at the Babe Cave and Rose Blush Beauty Studio.
Customers also have the option of contacting Jessica directly on telephone number 657-1201 to place orders. She offers the option of pickup or delivery service. • The Little Otter Candles ±657-1201
• The Babe Cave: 129A Duncan Street Georgetown ±600-2118
• Rose Blush Beauty Lounge: 195 Camp Street, Georgetown ±696-2032