Junior Market moderate trading continues

lascoDistributors280x150 There was trading in only 4 securities on the junior market on Tuesday, ending with 629,119 units valued at only $626,014. The JSE Junior Market Index increased 3.34 points to close at 669.71 as 2 advanced and 2 remained unchanged.
Caribbean Cream’s 25,000 units, closed 1 cent higher at 71 cents and Lasco Manufacturing was the dominant trade with 596,772 shares, gained 3 cents to $1, Dolphin Cove traded 640 shares at $8 and Lasco Financial closed with 6,707 shares at 95 cents.
At the close of trading there was 1 stock with the bid higher than the last selling prices and 5 stocks with offers that were lower. Ten securities closed without bids to buy stock and 5 with no stock on offer to sell.

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Comments

  1. I would love to get your opinion on the PURITY shares. It is one of those stocks that I have an eye on and intend to put in a bid for.

    • IC Insider says

      thanks for your query. we do not think Consolidated has done enough so far this year to warrant an investment in it at this stage, unless the September quarter shows marked improvement to what the 6 months results show. we do not like the inconsistent grow pattern. one year profits up the next its down. we will be posting a full report on the company later today so you can view same. May I suggest a look at Carib Cream that we believe have far better growth and stock price growth prospects than Consol.

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