Cargo Handlers — Page 144

All-time high of 900 for Junior Market

June 3, 2015 by IC Insider.com

Lasco Financial Services stock closed at a new high of $1.81 on Thursday.

Trading picked up on the Junior market with 11 securities trading and ended with 1,082,691 units changing hands valued at $ 4,067,238. The JSE Junior Market Index gained 12.28 points to close at an all-time high of 900.75, with the price of 7 stocks advancing and 1 declining and 4 closing at 52 weeks’ high.
At the close of the market, there were 6 stocks with bids higher than their last selling prices and only 2 with lower offers. The junior market ended with 3 securities closing with no bids to buy and 9 securities that had no stocks being offered for sale.
In trading ended with three stocks closing at 52 weeks’ highs while, Access Financial traded just 350 units at $17 but the offer closed at $16.98. Cargo Handlers finished trading with 102,900 units, to close with a gain of 19 cents at a new all-time high of $22.48, the stock closed with a bid at $23 to purchase 100,000 units, Caribbean Cream ended with 237,955 units trading at a new 52 weeks’ high of $2.35. Caribbean Flavours ending with 155,333 shares at $2.08 to gain 8 cents, Caribbean Producers with only 9,671 shares trading lower by 2 cents to $2.78, General

Accident Insurance concluded trading with 24,200 shares changing hands to close at $2, Lasco Distributors traded 73,366 shares, 4 cents higher at $1.70, Lasco Financial Services finished trading with 277,000 units, the price rose 16 cents to $1.81, for a new all-time high. There was dealing in 43,000 Lasco Manufacturing’s shares as the stock closed unchanged at $1.40, Medical Disposables contributed 143,000 shares with the price rising 5 cents, to $2, Paramount Trading ended with 15,916 shares to increase of 2 cents to $3.97.

Filed Under: JSE Junior Market, Stock Market Tagged With: Cargo Handlers, Caribbean Flavours, Caribbean Producers (CPJ), General Accident, JSE Company, Lasco, Lasco Distributors, Lasco Manufacturing, Medical Disposables

All Jamaica below 110,000 at 11:30am

June 3, 2015 by IC Insider.com

The Jamaica Stock Exchange is trading with some fair volume with Jamaica Broilers having 1,568,877 units trading with the price holding at $5.50 and JMMB Group with 1,126,033 units but the price slipped to $8, following poor profit results in the final quarter of the fiscal year to March. Mayberry Investments had 1,000,000 units trading at $3.15, the stock was sold by JMMB Securities and Mayberry bought them for in house purposes. Carreras traded 300,000 units at $50, Sagicor Group had 485,070 shares trading at $12.15, Scotia Group had 255,085 units changing hands at $25.50. Interestingly, even as Cable & Wireless posted a bad loss after taking a $7 billion one off extra ordinary expense hit the stock traded 327,000 at 50 cents. Cargo Handlers trades at a new high of $22.48 by adding 19 cents in trading 102,900 units and Caribbean Cream traded 100,000 units at a new high of $1.35.

Filed Under: JSE Main Market, Stock Market Tagged With: C&WJ, Cargo Handlers, Carreras, JMMB, Mayberry, Sagicor, Scotia

16 junior stocks traded 9 up 2 down

June 2, 2015 by IC Insider.com

Caribbean Cream traded over 700,000 shares and closed at a new all time high on Tuesday

Trading on the Junior Market was one of the busiest for sometime with 16 securities trading resulting in 1,938,775 units changing hands valued at $1,312,464. The JSE Junior Market Index gained 17.19 points to close at 888.47, with the price of 9 stocks advancing, 2 declining and Caribbean Cream, Cargo Handlers and Derrimon Trading preference stock closing at new a 52 weeks’ high, Lasco Financial traded at an intra-day high.
At the close, there were 5 stocks with bids higher than their last selling prices and none with lower offers. The junior market ended with 3 securities closing with no bids to buy and 9 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Access Financial trading 500 shares to close at $17, AMG Packaging ending with 800 shares changing hands to close higher by 1 cent at $3.20, Blue Power closed with 6,350 shares trading at $9.50, Cargo Handlers finishing with 205,972 units, closed at a new high of $22.29, after gaining a cent. Caribbean Cream traded 703,034 units to end at $1.25 to gain 10 cents, Caribbean Flavours closed trading with 8,581 shares but lost 5 cents to end at $2, Caribbean Producers with 59,329 shares traded unchanged at $2.80, General Accident Insurance concluded trading with 30,000 shares changing hands to close 10 cents Higher at $2. Honey Bun traded 11,973 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 622,000 units, between $1.60 and $1.71 but the price lost 2 cents to $1.65. There was dealing in 201,993 shares of Lasco Manufacturing, the stock closed with an 11 cents rise to $1.40, Paramount Trading ended with just 2,543 units changing hands to gain 15 cents to $3.95, Derrimon Trading 11.75% preference share saw trading in just 900 units with a 25 cents gain to $2.50 and Eppley 9.5% preference share had 12,800 units trading at $6.01.

Filed Under: JSE Junior Market, Stock Market Tagged With: AMG Packaging, Blue Power, Cargo Handlers, Caribbean Flavours, Caribbean Producers (CPJ), Derrimon Trading, Eppley, General Accident, Honey Bun, Lasco, Lasco Manufacturing

Main market slips junior up

June 2, 2015 by IC Insider.com

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TheJSE Market Index fell 547.63 points to 99,126.83, theJSE All Jamaican Composite index lost 612.11 points to close at 109,736.10 and the JSE combined index lost 485.94 points to end at 101,383.99 and the junior market index rose 3.35 to 874.63.Thirty three securities traded up to 11 am, including 12 junior market stocks, with Cargo Handlers trading 205,972 units at a new high of $22.29 as Mayberry Investments crossed the shares from their in house inventory to a client. Four new 52 weeks’ highs have been recorded, Hardware & Limber at $19, Jamaica Stock Exchange at $4.80, Cargo Handlers at $22.29 and Derrimon preference shares trading at $2.50.
The preference shares section was active with 4 securities trading as investors seek higher yielding investments.

Filed Under: JSE Main Market, Stock Market Tagged With: Cargo Handlers, Carreras, Hardware and Lumber, Jamaica Stock Exchange, JSE Company, Mayberry

2 junior stocks rose & 2 fell

June 1, 2015 by IC Insider.com

Trading on the Junior Market ended with 7 securities trading and 935,632 units changing hands valued at $1,312,464. The JSE Junior Market Index declined 0.65 points to close at 871.28, with the price of 2 stocks advancing, 2 declining and Lasco Financial Services closing at new a 52 weeks’ high.
At the close, there were 5 stocks with bids higher than their last selling prices and none with lower offers. The junior market ended with 3 securities closing with no bids to buy and 10 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Cargo Handlers finishing with only 594 units to close at $22.28, Caribbean Flavours closed trading with 1,667 shares and gained 5 cents to end at $2.05, Caribbean Producers with 43,000 shares trading closed unchanged at $2.80, General Accident Insurance concluded trading with 365,459 shares changing hands to close 12 cents lower at $1.90 but traded as low as $1.70 during the day. KLE Group traded 449,167 units at 75 cents after losing 9 cents, Lasco Financial Services finished trading with 43,000 units, the price gained 1 cent to $1.67. There was dealing in 32,745 Lasco Manufacturing’s shares as the stock traded unchanged at $1.29.

Filed Under: JSE Junior Market, Stock Market Tagged With: Cargo Handlers, Caribbean Flavours, Caribbean Producers (CPJ), General Accident, Lasco, Lasco Manufacturing

Juniors trade 8.66 million shares

May 29, 2015 by IC Insider.com

Caribbean Cream traded 5.3 million shares with the audited accounts showing profit rising 62%.

Caribbean Cream was the dominant trade on Thursday on the Junior Market with 5.3 million units as investors responded positively to the company’s audited results showing a 62 percent increase in profit versus 40 percent shown in the preliminary interim report that was released previously. Also trading in large volume was Caribbean Producers with 2.7 million shares.
Trading ended with 9 securities being active and cumulating in 8,660,524 units changing hands valued at $14,662,200. The JSE Junior Market Index gained 1.53 points to close at 871.93, with the price of 5 stocks advancing and only 1 declining and 1 closing at 52 weeks’ high.
At the close of the market, there were 8 stocks with bids higher than their last selling prices and none with a lower offer. The junior market ended with 3 securities closing with no bids to buy and 10 securities that had no stocks being offered for sale.
Caribbean Producers with 2,723,803 shares trading, ended lower by 10 cents to $2.80,

In trading, Caribbean Cream closed with 5,300,365 units trading, the price rose by 5 cents to $1.15. Blue Power closed with 19,573 shares trading unchanged at $9.50, Cargo Handlers finished with 1,000 units to close at $22.28, Dolphin Cove finished trading with 4,333 shares at $10.25 with a gain of 25 cents. Jamaican Teas had activity in 15,000 shares and closed unchanged at $3.50, KLE Group traded 135,446 shares for 9 cents higher, at 84 cents, Lasco Financial Services traded 250,000 units at a new closing all-time high of $1.66, after adding 9 cents and Lasco Manufacturing ended trading with 211,004 units, the price rose 4 cents to close at $1.29.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Blue Power, Cargo Handlers, Caribbean Producers (CPJ), Dolphin Cove, General Accident, Jamaican Teas, Lasco Financial Services, Lasco Manufacturing

More junior stocks up Friday

May 22, 2015 by IC Insider.com

Consolidated Bakeries closed at a new 52 weeks’ high on Friday

Trading on the Junior Market defied the negative indication that the bid offer ratio showed at the close of trading on Thursday as 10 securities trading and ended with 673,874 units changing hands valued at $2,280,199. The JSE Junior Market Index advanced 14.93 points to close at 878.07, close to mid-day the junior market index had gained 20.52 points. with the price of 4 stocks advancing and 3 declining. Consolidated Bakeries closed at a 52 weeks’ high in response to a 203 percent increase in profit in the March quarter from a 14.3 percent increase in sales.
At the close of the market, there were 4 stocks with bids higher than their last selling prices and only 4 with lower offers. The junior market ended with 3 securities closing with no bids to buy and 8 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Access Financial ending with 38,164 shares

changing hands to close higher by 10 cents at $17.10, Cargo Handlers finished with 36,944 units to close at $22.28, Caribbean Cream had just 800 shares trading, lost 1 cent to end at $1.19, Caribbean Flavours ended trading in 8,000 shares with the price falling 10 cents to $2, Consolidated Bakeries closed with a 15 cents increase as 307,613 units traded to land at $1.15. General Accident Insurance concluded trading with 79,105 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 184,648 units, the price slipped 1 cent to $1.30 and there was dealing in 13,000 Lasco Manufacturing’s shares to close at $1.30.

Filed Under: JSE Junior Market, Stock Market Tagged With: Access Financial, Cargo Handlers, Caribbean Flavours, Consolidated Bakeries, General Accident Insurance, Knutsford Express, Lasco Distributors, Lasco Financial Services, Lasco Manufacturing

Junior market slips

May 19, 2015 by IC Insider.com

Derrimon is 1 of just 2 stocks gaining in the junior market on Tuesday

The Junior market slipped on Tuesday and it appears the May bug is hitting as some investors take profit and go away, but the reading of this market suggest that the rally may not be over so soon. Trading was fairly broad based on the Junior market with 12 securities trading, ending with 1,821,705 units changing hands valued at $5,472,000. The JSE Junior Market Index declined 13.58 points to close at 883.22, with the price of just 2 stocks advancing and 7 declining with Cargo Handlers closing at 52 weeks’ high.
At the close of the market, there were 5 stocks with bids higher than their last selling prices and only 1 with a lower offer. The junior market ended with 2 securities closing with no bids to buy and 6 securities that had no stocks being offered for sale.
Access Financial traded 22,300 shares at $17.02 after falling 98 cents, Blue Power closed with 18,000 shares trading at $9.80, Cargo Handlers finished with 83,555 units to close with a gain of 20 cents to a new all-time high of $22.28, Caribbean Cream with 113,591 shares closed at $1.05 after losing 15 cents, Caribbean Producers with 233,489 shares closed at $3 to shed 7 cents, Dolphin Cove had just 300 shares trading to close at $10.75, for a fall of 27 cents, Derrimon Trading Company closed with 12,000 units trading at $2.08, up 4 cents as the company reported improved results for the march quarter with Net profit of $20.5 million compared with profit of $11.2 million in 2014.

General Accident Insurance traded 212,352 units to close at $2 after shedding 18 cents in response to poor first quarter results. Knutsford Express had only 1,000 shares changing hands at $6, Lasco Distributors ended with 1,024,375 shares trading at $1.55, for a 10 cents loss, Lasco Financial traded just 93,857 units at $1.30 with a loss of 1 cent and Lasco Manufacturing traded 6,886 units unchanged at $1.40.

Filed Under: JSE Junior Market, Stock Market Tagged With: Cargo Handlers, Caribbean Producers (CPJ), Daily Trading, Derrimon Trading, Dolphin Cove, General Accident, JSE Company, Lasco, Lasco Distributors, Lasco Financial Services, Lasco Manufacturing

Cargo Handlers a nice income generator

May 19, 2015 by IC Insider.com

Cargo Handlers stock has passed the $22 mark but could well go higher based on the earnings being generated. For the six months to March the Montego Bay based company racked up profit of $78.6 million, 52 percent higher than in 2014 and $38.47 million, up by 48.4 percent over the similar quarter of 2014.
The good net income came from operating revenues that were up 29.8 percent in the quarter to 62.7 million and 126.2 million in the six months an increase of 29.5 percent. Expenses were kept well below revenues growth at $26.16 for the quarter versus $22.5 million and for the year to date $49.3 million compared with $48 million.
Earnings per share for the quarter is 92 cents and $1.89 for the six months, the company is well on its way to rake in $4 per share for the year ending September.
The company had cash funds of $138 million at the end of March owes very little to creditors with an equity base of $231 million.
The company is primarily involved in stevedoring services and haulage of fuel and the shares trade on the junior market of the Jamaica Stock Exchange and has gained 39 percent since the start of the year.
The company paid an interim dividend per share of $1.25 on March 11, 2015 and $1.30 on September 16, 2014.

Filed Under: Buy Rated, Company News, Company Results Tagged With: Cargo Handlers, junior market

One broker pulled juniors down

May 14, 2015 by IC Insider.com

Mayberry sold small volumes several individual stocks with less than two minutes to close, pulling the prices down.

On Wednesday the main market pulled back a few points, having surged for much of the day, with triple digit gains. Thursday was the turn of the junior market to see an apparent closing, that was lower by a few points, with prices trimmed minutes from the close for a number of stocks. The Junior Market ended with 17 securities trading, the most for some time, if not for all times and ended with 296,055 units changing hands valued at $653,047.
The JSE Junior Market Index declined 2.59 points to close at 866.40, with the price of only 3 stocks advancing and 8 declining and 2 closing at 52 weeks’ high as Mayberry intervened with less than 2 minutes to close by selling a series of small amounts to push several junior market stock prices down.
For most of the day until after 12 noon, the index for the junior market was in record territory to an all-time high. In early morning session junior stocks had put on 13.39 points to 882.38 points a then record. Several very small trades executed on the sell side by Mayberry Investments at 12.52 pm pushed the prices of several stocks down.

Access closed at an all time high of $17 but with only 200 shares purchased by MIL for in house purposes from JMMB

Prior 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 sold 13,000 units to Victoria Wealth Management at the same price for the last trade in the stock for the day. At the close the stock had a bid to buy 106,000 units at $1.52.
At the close of the market, there were 3 stocks with bids higher than their last selling prices and 3 with lower offers. The junior market ended with 4 securities closing with no bids to buy and 7 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Access Financial trading at a new 52 weeks high of $17, but with just 200 units changing hands to gain $1.90, AMG Packaging ended with 2,115 shares changing hands, to close 5 cents lower, at $3.25. Blue Power traded 979 units to close with a gain of 99 cents at $9.80, to close at a 52 weeks’ high, Cargo Handlers finished with 5,000 units to close unchanged at $22.08, Caribbean Producers ended trading with 16,489 shares trading at $2.88. Consolidated Bakeries traded 968,369 units at $1 as the company reported first quarter results showing profit more than doubling from $4.6 million to $13.9 million.

General Accident Insurance concluded trading with 104,533 shares changing hands to close 7 cents lower at $2.08. Honey Bun had just one trade of a mere 2,729 shares with the price falling 40 cents, to $2.50, Jamaican Teas closed trading with 2,170 units and lost 25 cents to $2.65, Lasco Distributors traded 89,880 shares and dropped 20 cents to $1.50, Lasco Financial Services finished trading with 62,331 units, the price slipped 10 cents to $1.35. There was dealing in 9,629 Lasco Manufacturing’s shares as the stock traded lower by 1 cent to $1.34, Paramount Trading ended trading with 102,543 shares to end with an a fall of 28 cents at $3.71 and Derrimon Trading preference share finished traded just 1,000 shares to closed end up 25 cents at $2.25.