PPGPL IPO...

[DVSTT]

Is the book "accounting for dummies" a good place for me to start learning about accounting? What other resources do you recommend?

[Redman]

Depends on what your application of the knowledge will be.

If its general knowledge and personal use-yep the dummies line is probably great.

If its for investment analysis-look toward investopia or such sites that will have info on accounting geared towards investing.

that said-accounting knowledge will have less impact on investment returns than you might like to believe.

[DVSTT]

Depends on what your application of the knowledge will be.

If its general knowledge and personal use-yep the dummies line is probably great.

If its for investment analysis-look toward investopia or such sites that will have info on accounting geared towards investing.

that said-accounting knowledge will have less impact on investment returns than you might like to believe.

Thank you. It's more a mix of both investing and my own education. I've realised that I struggle to read and interpret some financial statements and jargons so I'm trying to fix that. I'm already going through investopia. I'll still read the dummies book as well.

[Redman]

https://www.khanacademy.org/economics-f ... al-stateme
Khan Academy is excellent for everything.

forgot to paste the link.
Sorry

[zoom rader]

I am most certain that Capital gains taxes on all shares, fixed deposits, bonds, savings account ect will be coming in next PNM budget.

Brace yuh selfs. You little earnings will be max taxed.

And wait for it, inheritance tax is on the cards.

[drchaos]

I am most certain that Capital gains taxes on all shares, fixed deposits, bonds, savings account ect will be coming in next PNM budget.

Brace yuh selfs. You little earnings will be max taxed.

And wait for it, inheritance tax is on the cards.

Inheritance tax might be a good thing ...

Will cause lots of lower income people who newly inherit property to have to sell it to pay the taxes on it. Leading to said people selling off the land cheaper.

[snatman]

Bank stocks taking a beating. Easy to anticipate the downward pressure on local stocks. Another 10% correction on the cards methinks....

[PariaMan]

When price falling it is time to start looking for deals with companies with strong fundamentals . What we all looking for is to buy low and sell high.

[drchaos]

We now buying gas from Venezuela! This should increase NGL profitability.

[PapaC]

is not like ordering a refill from NP. Could take some time.

[Country_Bookie]

they have to lay 19 miles of pipe before TT can get the gas. and they ent even decide which companies gonna be getting the gas yet.

[PapaC]

that is the big problem. It isn't the joint field, that field in Vene waters. which company rushing to go there and work?

[pete]

Have one that already has a well over the border they can't use. Ent?

[DVSTT]

Thoughts on massy and ghl? Considering which to invest in for long term.

[drchaos]

Massy dropping like a stone ... Should be a good buy in a few months.

[Country_Bookie]

FCB might be another one to keep an eye on. Was trading under $30 last week.

[Miktay]

Massy 2Q FS show operating cash flow down 29% QoQ and PBT down 3%.

Similar for 6 months PBT down 3% but comprehensive income up approx 40%.

So why the difference b/t profit and comprehensive income? An $84.4 MM in currency translation gain in 2016 vs a 2015 $37.3MM translation loss.

Interesting when you put it into context.

In his address at the Fifth Monetary Policy Forum at the Hyatt Regency, Port-of-Spain, Rambarran identified the top users of foreign exchange in the country over the last three years. They are as follows:

Top Five Users in Retail and Distribution
• PriceSmart - US$507 million
• Courts - US$198 million
• Smith Robertson & Company - US$169 million
• AS Bryden - US$153 million
• Massy Distribution - US$136 million

Top Five Users in Manufacturing
• Nestle - US$194 million
• Witco - US$129 million
• Carib - US$107 million
• National Flour Mills - US$102 million
• Caribbean Bottlers (Coca Cola) - US$94 million

Top Five Users in Automobile Dealerships
• Southern Sales - US$275 million
• Massy Motors - US$251 millio
• Toyota - US$245 million
• Diamond Motors - US$59 million
• Lifestyle Motors - US$36 million

Top Three Users in Telecommunications
• TSTT - US$294 million
• Digicel - US$263 million
• Columbus Communications - US$250 million

http://www.guardian.co.tt/news/2015-12- ... mers-forex

[Redman]

If I had to guess it would be the branding and consolidation expenses and the international expansion costs

[Miktay]

If I had to guess it would be the branding and consolidation expenses and the international expansion costs

Yea...looks like

[drchaos]

Theories on why the stock rebounding? We just over 22

[DVSTT]

Why is NGL dropping like a stone?

[sMASH]

Could it be the prospect of more plants cutting back? Or America's independence from foreign oil?

[Redman]

Re balancing of portfolios in advance of year end???
Locally a sell off could just be liquidity or lack there of in the market.

[snatman]

and in local stock market news, the stock exchange website is down due to non-renewal

[DVSTT]

and in local stock market news, the stock exchange website is down due to non-renewal

Screen Shot 2016-12-12 at 12.25.53 PM.png

Sickening stuff bro.

[Miktay]

http://www.stockex.co.tt/index.php

[snatman]

http://www.stockex.co.tt/index.php

Its working for you?

[Miktay]

http://www.stockex.co.tt/index.php

Its working for you?

5 minutes ago...yes.

Now...no.

[Miktay]

wukking now

[PariaMan]

Use wiseequities.com