News, Views & Advice from Investors's Choice
Peter Chin – CEO Lasco Distributors
The company is listed on the Jamaica Stock Exchange junior market, has virtually no debt, is yet to book its successful legal claim against Pfizer and boast equity of $2.7 billion and cash funds of $608 million. The company is to build out a new warehouse for housing the increased need of space for new product lines they represent, the building has already been bought and booked in the accounts.
[…] Junior Market Index fell to 894.54, down by 20.23 points. The most noticeable trades so far are, Lasco Distributors 27,966 shares at $1.69, Lasco Financial Services 38,764 units at $1.81, Lasco Manufacturing with […]
[…] Jamaican Teas closed trading with 47,930 shares and gained 48 cents for a 52 weeks’ high of $4. Lasco Distributors traded 18,564 shares, 3 cents lower at $1.65, Lasco Financial Services in trading with 432,000 […]
[…] at a 52 weeks’ high of $11.50. Honey Bun had 866 shares changing hands, 33 cents higher to $2.95, Lasco Distributors traded 39,000 shares 8 cents higher, at $1.68 and Lasco Financial Services finished trading with […]
[…] all-time high. KLE Group with 15,000 shares trading closed 5 cents lower at new low of 70 cents, Lasco Distributors with 131,195 shares trading, lost 5 cents in closing at $1.05, Lasco Financial Services finished […]
[…] units at $2.69 after adding 7 cents. Jamaican Teas had 10,000 shares changing hands at $3.50, Lasco Distributors traded 62,000 to close 6 cents higher at $1.66, Lasco Financial Services finished trading with […]
[…] shares changing hands 7 cents higher at $2.17, Knutsford Express traded just 100 shares at $6, Lasco Distributors traded 5,500 shares, 5 cents higher, at $1.70. Lasco Financial Services finished trading with […]
[…] to these trades Mayberry crossed 50,000 Lasco Distributors at $1.50, bringing the price down by 20 cents at 12:18 o’clock from the close on Wednesday and […]
[…] junior market closed at a new all-time high, after Lasco Distributors shot up to close at $1.70, a new 52 weeks high. A total of 10 securities traded ending with 200,026 […]
[…] was a bid to buy 47,000 units at 60 cents.Caribbean Producers traded only 100 shares at $2.40, Lasco Distributors saw 51,418 units changing hands at $1.40 to gain 3 cents, Lasco Financial Services had 84,053 units […]
[…] 5 cents to $2.35, Jamaican Teas gained 2 cents to end at $2.55 while trading 11,606 shares, 15,400 Lasco Distributors’ shares traded at $1.37 and Lasco Manufacturing lost 5 cents in closing at $1.05 while trading 63531 […]
[…] 6 securities that had no stocks being offered for sale. Stocks trading in the junior market are, Lasco Distributors trading 10,061 shares to gain 3 cents to $1.48, Caribbean Producers exchanging 2,000 shares at […]
[…] market are, Dolphin Cove had 100,598 shares changing hands to close higher 49 cents up to $9, Lasco Distributors ended with 20,000 shares trading with a gain of 3 cents to $1.55, Lasco Financial closed with […]
[…] 6 securities that had no stocks being offered for sale. Stocks trading in the junior market are, Lasco Distributors closing with 1,000 shares trading, 1 cent higher to $1.46, Lasco Manufacturing finishing trading […]
[…] junior market with gains are, General Accident finishing with 173,762 shares trading at $1.70 and Lasco Distributors closing with 43,000 shares to end with an increase of 1 cents to […]
[…] with 10,000 shares trading while gaining 10.6 percent or $1.80 to an all-time high of $18.80, Lasco Distributors closing with 136,000 shares to end with an increase of 5 cents to $1.55, a new 52 weeks’ high. […]
[…] and gained 9 cents at $2.31, Dolphin Cove closed with 637 shares while gaining 19 cents to $8.99, Lasco Distributors concluding trading with 24,716 shares, the price jumped 4 cents to $1.50, Lasco Financial closing […]
[…] in the junior market are, Blue Power closing unchanged at $6.50 after trading 16,412 shares, Lasco Distributors lost 1 cents in closing at $1.50 with 7,870 shares, Lasco Financial Services put on 1 cents in […]
[…] Producers concluding trading with 1,100 shares to end with an increase of 20 cents to $2.30, Lasco Distributors closing with 10,000 shares, the price gained 2 cents to $1.48, Lasco Financial finishing trading […]
[…] 7 securities that had no stocks being offered for sale. Stocks trading in the junior market are, Lasco Distributors ending trading with 11,540 shares changing hands, 1 cent higher at $1.46, Lasco Manufacturing […]
[…] the junior market are, General Accident closed with 22,000 shares trading 10 cents higher at $1.75, Lasco Distributors ending with 317,632 units trading to gain 5 cents to $1.45, Blue Power closed with 7,633 units […]
[…] in the junior market are, Jamaican Teas traded 117,665 units, gained of 4 cents to close at $2.55, Lasco Distributors traded 46,000 shares and closed with 1 cent gain at $1.41, Lasco Financial stock gained a cent with […]
[…] of 20 cents at $2.30. Consolidated Bakeries closed with 5,500 units and put on 8 cents at 90 cents, Lasco Distributors finished trading with 810 shares while gaining 10 cents to $1.40, Lasco Financial ended with 65,774 […]
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[…] is generated from the new business that flows from the expansion, that seems to be the case at Lasco Distributors that enjoyed double digit growth in the year to March this year, but suffered declines in profit. […]