Junior stocks up last day down 9% in 2014

December 31, 2014 by

Honey Bun lost the most in value in 2014, down 46.4%.

Honey Bun lost the most in value in 2014, down 46.4%.

Activity on the Junior Market, closed with 10 securities trading and ended with 411,542 units valued at $389,555 changing hands.
The JSE Junior Market Index rose 3.33 points to close at 687.96, with the price of 3 stock advancing and 2 declining. Junior market stocks collectively lost 9 percent for the year in which only 5 junior stocks rose and 15 declined. Honey Bun lost the most in shedding 46.40 percent followed by AMG Packaging 45.40 percent.
At the close of the market, there were 6 stocks with bids higher than their last selling prices and 1 stock with the offer lower. The junior market continues to reflect renewed interest with 5 securities closing with no bids to buy. There were 10 securities that had no stocks being offered for sale.
C2W Music ended trading with 12,500 shares changing hands to close at 1 cent to 39 cents, Caribbean Cream closed with 319,000 shares with the price rising 5 cents to 75 cents, Lasco Distributors ended trading with 14,670 shares changing hands to close with a gain of 4 cents to $1.45.
Blue Power ended with 3,270 shares trading at $6.30, General Accident finished with 360 units changing hands to close at $1.75, Honey Bun ended with 4,000 shares at $1.71, Lasco Financial completed trading with 21,340 shares with the price at 98 cents, Lasco Manufacturing closed with 28,000 shares changing hands at $1.12.
Access Financial closed with 3,902 units trading as the price slipped 4 cents to $8.96 and AMG Packaging finished with 4,500 shares changing hands and lost 25 cents to new 52 weeks’ low of $1.90.

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Eppley 10% Preference share list

December 24, 2014 by

EppleyLimited Eppley’s latest cumulative preference shares were listed on Wednesday, there was no trading in the stock. The listing flowed from the reopening of an issue which went to market in November and was oversubscribed and led to the reopening of the issue on in December on the same terms which includes interest at 10 percent for two years then a step up thereafter, the second was also oversubscribed.
Activity Trading on the Junior Market closed with only 6 securities trading and ended with 929,121 units valued at $1,202,090. The JSE Junior Market Index rose 1.68 points to close at 690.29, with the price of 3 advancing and 1 falling.
At the close of the market, there were 4 stocks with bids higher than their last selling prices and 2 stocks with offers that were lower. The junior market continues to show renewed interest with only 4 securities closing with no bids to buy. There were 9 securities that had no stocks being offered for sale.
The stocks that traded on the day before Christmas are, Access Financial with 7,903 shares to gain 9 cents at $9.05, Lasco Financial traded just 2,000 shares at 1 cents higher at 98 cents, Lasco Manufacturing had 649,041 units trading to put on 1 cent to $1.12. Lasco Distributors with 258,877units suffered a 1 cent fall, to $1.44, Blue Power traded just 1,300 shares at $6.30 and Honey Bun saw trading in 10,000 shares at $1.70.

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Cargo Handlers at new high

December 23, 2014 by

CargoHandlers280X150 Cargo Handlers closed at a new all-time high, on the junior market on Tuesday, but with only a small volume and Blue Power was by far the leading trade with a value of $3,370,500. Activity elsewhere saw trading in only 6 securities traded and ended with 739,790 units valued at $3,626,764.
At the close of the JSE Junior Market Index rose 5.63 points to close at 688.61 with the price of 2 advancing and 2declining. Trading ended with 3 stocks having bids higher than their last selling prices and only 1 with a lower offer. The junior market had only 4 securities closing without bids to buy. There were 9 securities that had no stocks being offered for sale.
The stock trading on the junior market on Tuesday are, Cargo Handlers that ended trading with 220 shares and jumped $1.40 to close at a new high of $16. Dolphin Cove closed with 2,000 shares, the price rose 50 cents to $9. Lasco Financial ended with 17,700 shares trading and lost 1 cent to 97 cents, Lasco Manufacturing closed 1 cent lower at $1.11 while trading 146,870 shares. Blue Power closed trading with 535,000 units, the price ended at $6.30 and Lasco Distributors closed with 38,000 shares at $1.45.

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Activity picks up on junior market

December 22, 2014 by
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Dolphin Cove was one of the stocks gaining on the junior market on Monday

Dolphin Cove was one of the stocks gaining on the junior market on Monday

Activity is picking up in the junior market with far less stocks closing without bids on Monday. There has been noticeable improvement in this measure over the last two weeks with the number falling from as high as 11 a few weeks ago.
Trading on the Junior Market closed with only 7 securities traded and ended with 187,106 units valued at $207,965. The JSE Junior Market Index rose 3.44 points to close at 682.98, with the price 4 advancing. At the close of the market, there was 1 stock with the bid higher than the last selling price and 2 stocks with offers that were lower. The junior market continues to show improvement in sentiment with only 4 securities closing with no bids to buy. There were 5 securities that had no stocks being offered for sale.
The stocks trading in the junior market on Monday are, Cargo Handlers that ended with 754 shares changing hands, to close with a gain of 40 cents at $14.60. Dolphin Cove ended with 2,475 trading to close 40 cents higher at $8.50, Lasco Manufacturing finished trading 32,500 units for 2 cents more at $1.12, Medical Disposables concluded trading with 7,000 shares changing hands, to close 5 cents up at $1.75. AMG Packaging closed with 23,300 units trading as the price remained at $2.15, Lasco Distributors closed with 15,000 shares changing hands at $1.45 and Lasco Financial finished with 106,077 shares at 98 cents.

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Low activity on junior market

December 18, 2014 by

The junior market has been slowly rebuilding since a 2014 low reached in June

The junior market has been slowly rebuilding since a 2014 low reached in June

Activity Trading on the Junior Market closed with 7 securities traded and ended with 383,283 units valued at $624,792. The JSE Junior Market Index rose 8.21 points to close at 687.29, with the price 2 advancing and only 1 falling. At the close of the market, there were 3 stocks with bids higher than their last selling prices and 1 stock with the offer that was lower. The junior market continues to limited participation from a number of the junior market stocks with 6 securities closing with no bids to buy. There were 7 securities that had no stocks being offered for sale.
Blue Power closed with 910 units with a 14 cents gain to $6.30, followed by Lasco Distributors finishing trading with just 1,600 units to close trading with an increase of 9 cents at $1.50. AMG Packaging closed trading with 51,578 shares changing hands at $2.15, General Accident had 220,595 shares trading at $1.75 followed by Honey Bun with a mere 300 shares at $2, Lasco Financial ended trading with 3,300 units at $1.05 and Lasco Manufacturing traded 105,000 shares and lost cents 2 to end at $1.10.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , , ,

Juniors still waiting to move

December 11, 2014 by

Trading in the Junior Market closed with very little activity with only 5 securities traded. Trading ended with 628,116 units valued at $3,063,328. The JSE Junior Market Index fell 5.89 points to close at 667.73, with the price advancing.

Eppley 9.5% preference share was the leading trade on the junior market

Eppley 9.5% preference share was the leading trade on the junior market

At the close of the market, there were only 1 stock with the bid higher than the last selling price and none with lower offers. The junior market is showing signs of improvement, but continues to exhibit areas of weakness with 6 securities closing with no bids to buy. There were 6 securities that had no stocks being offered for sale.
Blue Power only traded 320 shares at $6.16 followed by Caribbean Producers in trading 26,500 units at $2.15 after falling 5 cents, General Accident with 33,296 units traded to close at $1.75 each Lasco Distributors chipped in with 100,000 units at $1.40 and lost 5 cents.
Eppley Limited 9.5% preference share traded 468,000 shares as the price slipped 9 cents to end at $6 a bit strange since the company is going back to the market with preference shares priced at $6 to start yielding 10 percent for two years.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , ,

Lasco Manufacturing dominates

December 10, 2014 by

Lasco's bottling line

Lasco’s bottling line

Lasco Manufacturing finished trading with more than 3 million shares on a day when trading in the Junior Market closed with 7 securities trading with 3,887,715 units valued at $4,401,482. The JSE Junior Market Index rose 6.20 points to close at 673.62, with the price 4 stocks advancing and none declining.
At the close of the market, there were just 1 stock with the bid higher than the last selling price and none with the offers that was lower. Sentiments in the junior market seems to be on the mend with 6 securities closing with no bids to buy compared to as many as 11 a few weeks ago. There were 6 securities that had no stocks being offered for sale.
Lasco Manufacturing finished trading with 3,140,579 changing hands to end at $1, up by 2 cents, Lasco Distributors ended with 425,670 trading to end at $1.45 while gaining 1 cent, Blue Power Group ended with 950 units trading 11 cents higher at $6.16, General Accident Insurance closed trading with 11,332 shares and gained 16 cents at $1.75. Игроки могут войти прямо с нашего сайта, ссылка ведет на официальный ресурс и активное рабочее mostbet Выигрыш же можно оформить только при полностью заполненном профиле.
Caribbean Producers closed with 104,408 shares and ended at $2.20, Dolphin Cove ended with 6,000 to close at $8.50, Buying came into the market for Medical Disposables that finished with 198,776 units changing hands to end at $1.70, at the close there was a bid to buy 370,224 units, at $1.70.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , ,

Lasco Distributor up 30% in November

November 30, 2014 by

JSE jm 11-14 gnsJunior market stocks gained 5 percent overall, for November, with Lasco Distributor moving up 30 percent to close at $1.50 as institutional buying, helped to push the price as the company enters new contracts that expand the product lines to be distributed as well as increased products form its sister company, Lasco Manufacturing. The manufacturing company stock rose 15 percent in the month as the second highest gain in the junior market. Buy Rated Knutsford Express grew 6 percent to end at $5.85 and Dolphin Cove another Buy Rated stock moved up 5 percent to end at $8.50.
JSE JM loss 11-14Lasco Financial closed at 95 cent, for a 3 percent decline the same decline as General Accident in closing at $1.50. Jamaican Teas ended at $2.85, down 14 percent, the company reported lower profits for the fiscal year to September. Blue Power dropped to $6.05 or 22 percent but the bid climbed to $7 after the company reported profit that was just slightly lower than in the six months to October last year, by 7 percent, as it reported earnings of 91 cents per share, for the period.

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Small fall in profits at Blue Power.

November 28, 2014 by

Image courtesy of Graur Codrin/FreeDigitalPhotos.net

Image courtesy of Graur Codrin/FreeDigitalPhotos.net

Blue Power released six months results to October, showing profits of $52 million compared to $55 million in the same in 2013. For the three months, profit declined to $22.8 million from $25.2 million as the lumber division contributed lower revenues than in 2013.
Lumber division revenue fell from $366.8 million in 2013 and that of the Soap Division grew from $154 million to hit, $360.8 million and $175.7 million respectively, resulting in total revenues falling 6 percent in the October quarter to $259 million and rising 3 percent for the six months to $536 million. Sales in the Lumber Depot division fell from $191 million last year, to $176 million this year, there were some one off sales, in 2013. Profit in the lumber division fell as well, from $29 million to $17 million for the half year. Notwithstanding, pressure on sales, margin improved during the year. The company held a tight lid on cost in the latest quarter, but administrative cost climbed 20 percent for the six months.
B PowerEarnings per share are still strong at 91 cents and should go on to approach the $2 level, by year-end. The stock last sold at $6.50, is undervalued and should enjoy some recovery in price. IC Insider is maintaining its BUY RATED status on the stock although a return to growth in profit s may have to await the 2016 fiscal year.
The stock is listed on the junior market of the Jamaica Stock Exchange. The company primarily manufactures soaps and trade in Lumber.

Filed Under: Company News, Company Results Tagged With: ,

Lasco Manufacturing dominates juniors

November 27, 2014 by

Heating of raw material to make bottles for Lasco's new drinks

Heating of raw material to make bottles for Lasco’s new drinks

The Junior Market closed with 7 securities trading with Lasco Manufacturing accounting for 2.5 million units of the stocks to trade and resulted in activity in 3,366,459 units valued at $3,455,131. The JSE Junior Market Index rose 6.53 points to close at 685.49, with the price 5 advancing and none declining.
At the close of the market, there were 1 stock with the bid higher than the last selling price and 5 stocks with offers that were lower. The junior market continues to exhibit weakness with 7 securities closing with no bids to buy. There were 5 securities that had no stocks being offered for sale.
Cargo Handlers concluded trading with 500 shares while gaining 90 cent $15, the high first reached in February this year. Lasco Distributors ended trading with 407,000 shares and increased of 10 cents to $1.50, Lasco Financial closed with 3,000 shares as the price climbed 1 cent to 94 cents. Lasco Manufacturing finished trading with 2,483,104 shares changing hands, to close 3 cents higher to $1.02, Paramount Trading saw trading in 15,255 shares as the price climbed 5 cents to $2.60, Caribbean Cream ended with 457,500 shares changing hands, to close at 71 cents and Access Financial ended with 100 shares changing hands to close at $10.01.
Blue Power released six months results to October showing profits of $52 million compared to $55 million in the same in 2013. For the three months profit declined to $22.8 million from $25.2 million as the lumber division contributed lower revenues than in 2013. Earnings per share are still strong at 91 cents and should go on to approach the $2 level by year end.

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