Board Change • May 21
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. 6 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). Director Aliyah Hamel-Smith was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 공시 • Jul 30
L.J. Williams Limited, Annual General Meeting, Nov 07, 2025 L.J. Williams Limited, Annual General Meeting, Nov 07, 2025, at 15:00 SA Western Standard Time. Location: kapok hotel, 16-18, cotton hill road, port of spain Trinidad & Tobago Reported Earnings • Nov 17
First half 2025 earnings released: TT$0.06 loss per share (vs TT$0.098 loss in 1H 2024) First half 2025 results: TT$0.06 loss per share (improved from TT$0.098 loss in 1H 2024). Revenue: TT$73.3m (down 6.9% from 1H 2024). Net loss: TT$1.41m (loss narrowed 27% from 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. New Risk • Nov 05
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 7.0% 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: Major Risk Market cap is less than US$10m (TT$34.9m market cap, or US$5.18m). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (0.2% net profit margin). New Risk • Aug 15
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended June 2023. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2023 fiscal period end). Market cap is less than US$10m (TT$46.8m market cap, or US$6.87m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.9% net profit margin). 공시 • Jul 30
L.J. Williams Limited, Annual General Meeting, Nov 05, 2024 L.J. Williams Limited, Annual General Meeting, Nov 05, 2024, at 15:00 SA Western Standard Time. Location: kapok hotel, 16-18, cotton hill road, port of spain Trinidad & Tobago New Risk • Mar 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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$51.1m market cap, or US$7.53m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.9% net profit margin). New Risk • Aug 17
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.9% Last year net profit margin: 4.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$10m (TT$60.5m market cap, or US$9.00m). Minor Risk Profit margins are more than 30% lower than last year (1.9% net profit margin). Reported Earnings • Aug 16
First quarter 2024 earnings released: TT$0.056 loss per share (vs TT$0.045 profit in 1Q 2023) First quarter 2024 results: TT$0.056 loss per share (down from TT$0.045 profit in 1Q 2023). Revenue: TT$38.9m (up 13% from 1Q 2023). Net loss: TT$1.36m (down 224% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to TT$2.77, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 14x in the Retail Distributors industry globally. Total returns to shareholders of 120% over the past three years. Upcoming Dividend • Mar 08
Upcoming dividend of TT$0.08 per share at 2.9% yield Eligible shareholders must have bought the stock before 15 March 2023. Payment date: 31 March 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Trinidadian or Tobagonian dividend payers (4.4%). Higher than average of industry peers (2.1%). Reported Earnings • Nov 17
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: TT$42.1m (up 20% from 2Q 2022). Net income: TT$4.11m (up 75% from 2Q 2022). Profit margin: 9.8% (up from 6.7% in 2Q 2022). The increase in margin was driven by higher revenue. Board Change • Nov 16
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). Director Aliyah Hamel-Smith was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 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. 6 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Upcoming Dividend • Mar 09
Upcoming dividend of TT$0.08 per share Eligible shareholders must have bought the stock before 16 March 2022. Payment date: 31 March 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.1%. Within top quartile of Trinidadian or Tobagonian dividend payers (3.3%). Higher than average of industry peers (2.2%). Reported Earnings • Feb 16
Third quarter 2022 earnings: Revenues in line with analyst expectations Third quarter 2022 results: Revenue: TT$60.1m (up 1.3% from 3Q 2021). Net income: TT$8.14m (down 5.4% from 3Q 2021). Profit margin: 14% (in line with 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 31% per year. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 22% share price gain to TT$1.84, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 16x in the Retail Distributors industry globally. Total returns to shareholders of 179% over the past three years. Reported Earnings • Jul 25
Full year 2021 earnings released: EPS TT$0.31 (vs TT$0.22 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: TT$151.3m (up 2.8% from FY 2020). Net income: TT$7.62m (up 45% from FY 2020). Profit margin: 5.0% (up from 3.6% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Upcoming Dividend • Apr 07
Upcoming dividend of TT$0.07 per share Eligible shareholders must have bought the stock before 14 April 2021. Payment date: 30 April 2021. Trailing yield: 5.0%. Within top quartile of Trinidadian or Tobagonian dividend payers (3.8%). Higher than average of industry peers (2.0%). Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improved over the past week After last week's 16% share price gain to TT$1.51, the stock is trading at a trailing P/E ratio of 8.2x, up from the previous P/E ratio of 7x. This compares to an average P/E of 17x in the Retail Distributors industry. Total returns to shareholders over the past three years are 117%. Is New 90 Day High Low • Dec 22
New 90-day high: TT$1.50 The company is up 4.0% from its price of TT$1.44 on 22 September 2020. The Trinidadian or Tobagonian market is down 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Retail Distributors industry, which is up 7.0% over the same period. Is New 90 Day High Low • Nov 04
New 90-day low: TT$1.40 The company is down 3.0% from its price of TT$1.44 on 06 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 Retail Distributors industry, which is up 1.0% over the same period.