New Listing: Guardian Holdings To Be Re-Listed

NCB owned Guardian Holdings Ltd will be cross listed on the Jamaica Stock Exchange

The stock is currently listed on the Trinidad & Tobago Stock Exchange

Management believes the JSE has been dynamic and with increased public enthusiasm

Re-Listing

The release states it as a cross-listing, however the stock was previously listed on the JSE and was delisted on Dec 31 2013. More about that here.

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More about the Guardian Holdings Stock

What’s the stock’s price? It closed at TT$21.88 yesterday, approximately J$477 per share

It has CONSISTENTLY beat the Index

Year Stock vs TTSE

  • 2021 +4.69% vs -0.06%
  • 2020 -3.46% vs -9.90%
  • 2019 +19.61% vs +12.74%
  • 2018 +6.28% vs +2.85%

Possible Fundraising?

Guardian is going to raise funds on the JSE That’s the speculation

Thinking face

The stock last closed at TT$21.88 / ~J$477 It’s at 7x P/E (Price to Earnings) now. Dirt cheap At • 10x P/E that’s J$681 per share • 15x P/E that’s J$1022 per share

Update: Ends The Day Up

It was a very good day for Guardian on the TTSE after it was announced before market open that the stock would be re-listed on the JSE

  • The stock jumped 5.4% (one of its best days)
  • It was the most traded stock (12 trades of 58 total)
  • It hit a 52W high of $23.50, also its highest price in over 10 yrs
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