Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 7 highly experienced directors. Independent Non-Executive Director Rose-Marie Antoine was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. 공시 • Apr 25
Guardian Media Limited, Annual General Meeting, May 27, 2025 Guardian Media Limited, Annual General Meeting, May 27, 2025, at 14:00 SA Western Standard Time. Location: t&t north room, radisson hotel trinidad, wrightson road,port of spain, port of spain Trinidad & Tobago New Risk • Nov 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (TT$55.9m market cap, or US$8.23m). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Buy Or Sell Opportunity • Oct 23
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 20% to TT$1.40. The fair value is estimated to be TT$1.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. New Risk • Aug 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: TT$65.8m (US$9.69m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Board Change • May 12
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. Independent Non-Executive Director Rose-Marie Antoine was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Aug 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Trinidadian or Tobagonian stocks, typically moving 4.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (4.2% average weekly change). Profit margins are more than 30% lower than last year (0.06% net profit margin). Market cap is less than US$100m (TT$87.8m market cap, or US$13.1m). Reported Earnings • Aug 13
Second quarter 2023 earnings released: TT$0.10 loss per share (vs TT$0.06 loss in 2Q 2022) Second quarter 2023 results: TT$0.10 loss per share (further deteriorated from TT$0.06 loss in 2Q 2022). Revenue: TT$24.6m (flat on 2Q 2022). Net loss: TT$3.86m (loss widened 68% from 2Q 2022). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 11
Upcoming dividend of TT$0.04 per share at 1.7% yield Eligible shareholders must have bought the stock before 18 May 2023. Payment date: 15 June 2023. Payout ratio is a comfortable 67% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Trinidadian or Tobagonian dividend payers (5.0%). Lower than average of industry peers (4.3%). Reported Earnings • Mar 21
Full year 2022 earnings released: EPS: TT$0.06 (vs TT$0.10 in FY 2021) Full year 2022 results: EPS: TT$0.06 (down from TT$0.10 in FY 2021). Revenue: TT$117.8m (up 13% from FY 2021). Net income: TT$2.46m (down 40% from FY 2021). Profit margin: 2.1% (down from 3.9% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. MD & Executive Director Karrian Hepburn Malcolm was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • May 12
Upcoming dividend of TT$0.07 per share Eligible shareholders must have bought the stock before 19 May 2022. Payment date: 15 June 2022. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Trinidadian or Tobagonian dividend payers (4.2%). Lower than average of industry peers (3.6%). Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 1 highly experienced director. No independent directors (9 non-independent directors). Director Davan Maharaj was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 15
Third quarter 2021 earnings released: TT$0.012 loss per share (vs TT$0.09 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: TT$29.3m (down 12% from 3Q 2020). Net loss: TT$510.0k (down 114% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 14
Second quarter 2021 earnings released: TT$0.06 loss per share (vs TT$0.17 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: TT$21.4m (up 15% from 2Q 2020). Net loss: TT$2.33m (loss narrowed 66% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 14
Upcoming dividend of TT$0.05 per share Eligible shareholders must have bought the stock before 21 May 2021. Payment date: 16 June 2021. Trailing yield: 1.5%. Lower than top quartile of Trinidadian or Tobagonian dividend payers (3.8%). Lower than average of industry peers (2.2%). Reported Earnings • Mar 30
Full year 2020 earnings released: EPS TT$0.12 (vs TT$0.14 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: TT$110.6m (down 8.1% from FY 2019). Net income: TT$4.69m (up TT$10.5m from FY 2019). Profit margin: 4.2% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 08
New 90-day low: TT$3.00 The company is down 40% from its price of TT$5.00 on 09 October 2020. The Trinidadian or Tobagonian market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 18% over the same period. Is New 90 Day High Low • Dec 22
New 90-day low: TT$3.40 The company is down 32% from its price of TT$5.00 on 23 September 2020. The Trinidadian or Tobagonian market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 15% over the same period. Reported Earnings • Nov 13
Third quarter 2020 earnings released: EPS TT$0.09 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: TT$33.3m (up 6.8% from 3Q 2019). Net income: TT$3.60m (up TT$5.25m from 3Q 2019). Profit margin: 11% (up from net loss in 3Q 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Nov 05
New 90-day low: TT$4.25 The company is down 19% from its price of TT$5.25 on 07 August 2020. The Trinidadian or Tobagonian market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is down 3.0% over the same period. Is New 90 Day High Low • Oct 16
New 90-day low: TT$4.75 The company is down 21% from its price of TT$6.00 on 17 July 2020. The Trinidadian or Tobagonian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 6.0% over the same period.