Monday 23 September, 2013 | Both the Buy Rated and Market Watch lists have undergone major changes based on trading over the past week.
Buy rated additions | Grace Kennedy and Pan Jam made it to the Buy Rated list in Jamaica based on their low values while GraceKennedy, JMMB, Scotia Investments and Sagicor Finance have been added to the Buy Rated list in Trinidad based on a very low PE of 6 times 2013 earnings.
Buy rated removal | First Citizens Bank was removed based on the stock’s rise to the $35 price range and a 58% appreciation reached after listing on the Trinidad Exchange.
Market Watch | The Caribbean Flavours IPO hits the streets this week and has been added to the Market Watch list as it has the potential to generate capital appreciation after listing on the Junior Market. Cable & Wireless is added to the main market of the Jamaica Stock Exchange based on the company’s reporting of the rapid addition of mobile customers. Agostini’s has been added to the Watch list of Trinidad Stocks based on its current low PE.
Related posts | PE Ratio: TCL back in focus | First Citizens off Buy Rated list | Caribbean Flavours a new IPO
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