7 stocks up 3 down for juniors

August 31, 2015 by

Blue Power jumped to a 52 weeks' high of $14 on Monday

Blue Power jumped to a 52 weeks’ high of $14 on Monday

Trading picked finished on Monday with 896,833 units, valued at $2,532,872 changing hands from a total of 13 securities that traded. Only 3 stocks declined and 7 advanced with the junior market index gaining 9.69 points to close at 959.68.
At the close, 5 securities ended with no bids to buy, while 4 had no stocks being offered for sale and 4 stocks closed with bids higher than the last traded prices and none with the offer being lower.
Stocks trading are, Access Financial ended at $16.50 with a gain of $3.50 with 13,547 units changing hands, Blue Power rose $1.70 to a new 52 weeks’ high of $14 while 3,000 shares traded, Caribbean Cream ended with 300,018 shares changing hands at $2 for a 30 cents increase. Caribbean Producers traded 10,006 units at $2.51, for a decline of 9 cents, Consolidated Bakeries traded 17,950 shares at $1.20 after shedding 9 cents, Dolphin Cove JM Trade 31-8-15gained 85 cents to $13, while 62,000 shares traded, General Accident Insurance traded 30,000 units at $1.42, Honey Bun with 11,358 shares changing hands, closed with a gain of 25 cents at $4.25, for a 52 weeks’ high, Jamaican Teas had 4,149 shares trading, to close at $3.10, Lasco Distributors was up 8 cents to $1.70, with 224,468 units changing hands. Lasco Financial closed with 57,133 units trading to end at $1.65, after rising 1 cent, Lasco Manufacturing gained 10 cents in closing at $1.90 with 129,204 units changing hands and Medical Disposables traded 22,000 shares to close unchanged at $2.50.

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Trading volume picks up for juniors

August 28, 2015 by

Caribbean Flavours fell 20 cents on Friday although profit to June 2015 climbed 21.7%

Caribbean Flavours fell 20 cents on Friday although profit to June 2015 climbed 21.7%

Trading picked up from Thursday’s depressed levels of just over 49,000 units trading and finished on Friday with 364,047 units, valued at $724,515 changing hands. A total of 7 securities traded with 3 stocks declining and 2 advancing. The junior market index gained 11.92 points to close at 949.99.
At the close, 4 securities ended with no bids to buy, while 2 had no stocks being offered for sale and 4 stocks closed with bids higher than the last traded prices and 1 with the offer being lower.
Stocks trading are, AMG Packaging finished with 28,175 shares to close at $3.65, with a loss of 9 cents, Caribbean Cream ended with 222,048 shares changing hands at $1.70, Caribbean Flavours traded 10,000 units at $2.55, for a decline of 20 cents. The company JM Trade 28-08-15released audited financial statements showing profit of $58 million or 64 cents per share, versus $47 million or 56 cents in 2014, from sales revenue that were up to $307 million from $255 million in 2014. Caribbean Producers traded 49,061 units at $2.55, Honey Bun with 1,100 shares changing hands, closed with a gain of 30 cents at $4, Lasco Financial closed with 50,633 units trading, to end at $1.64, after shedding 16 cents and Lasco Manufacturing gained 10 cents in closing at $1.90 but with only 3,300 units changing hands.

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

Lasco Manufacturing trades 14m shares

August 26, 2015 by

Lasco's water treatment machines - there was more than 12M units trading on Wednesday.

Lasco’s water treatment machines – there was more than 12M units trading on Wednesday.

Trading finished with 4 stocks declining and 4 gaining out of 14 securities that traded, resulting in 14,253,052 units, valued at $25,233,568 changing hands with Lasco Manufacturing accounting for 12,053,445 units valued at $20.73 million, 12 million units was embodied in one trade relating to VMBS Wealth Management pension assets for clients. The market lost 2.70 points to close at 915.78.
At the close, 4 securities ended with no bids to buy, while 3 had no stocks being offered for sale and 3 stocks closed with bids higher than the last traded prices and 2 with the offers being lower.
Stocks trading are, Access Financial Services with 100 shares to close at $11, with a gain of 50 cents. At the close the bid was at $12 to buy 2,000 units, AMG Packaging closed with a loss of 21 cents at $3.74 with 290,000 units changing hands, Blue Power closed with 4,806 units changing hands to close at $12.30 with a loss of 5 cents. Caribbean Producers traded just 939 units with a loss of 17 cents at $2.72, Consolidated Bakeries traded 30,000 shares at $1.29 after shedding 24 cents, General Accident Insurance traded 70,200 units with the price closing unchanged at $1.50, Honey Bun ended with 17,662 shares trading unchanged at $3.70, Jamaican Teas had only 196 shares trading to close at $3.12.JM - Trade 26-08-15 Lasco Distributors closed with 1,594,030 units trading, ended with a gain of 2 cents at $1.62. Lasco Financial ended with 124,699 shares changing hands at $1.80, for a rise of 17 cents, Lasco Manufacturing gained 2 cents in closing at $1.72 with 12,053,445 units changing hands. Medical Disposables traded 13,000 shares to close unchanged at $2.50, Paramount Trading ended with 3,975 units changing hands unchanged at $6 and Eppley cumulative preference share 2019, ended with 50,000 units changing hands at $6.05.

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Junior market drops 12% from peak

August 25, 2015 by

JSE sign Trading finished with 4 stocks declining and 1 gaining out of 12 securities that traded, resulting in 3,952,442 units, valued at $11,099,945 changing hands. The market lost 30.25 points to close at 918.48, having shed 122 points or 12 percent since it peaked at 1,040.59 on August 11.
The August decline is a bit worse than the 10 percent pull back, after it recorded a peak of 934.69 on June 10, to bottom out on July 27. The sharp movement by junior market stocks is characteristic of the market around the release of results going back from the early days of the junior market index. At the close, 4 securities ended with no bids to buy, while 4 had no stocks being offered for sale and 2 stocks closed with bids higher than the last traded prices and 4 with the offers being lower.
Stocks trading are, Access Financial Services traded 1,500 shares to close at $10.50, with a gain of 50 cents at the close the bid was at $11 to buy 1,000 units. The stock has been trading on thin volumes, with support mostly around the $10 region. AMG Packaging closed at $3.95 with 4,000 units changing hands, Caribbean Cream traded 67,000 units to close 20 cents lower at $1.60. JM Trade 25-08-15Caribbean Flavours traded 10,000 units unchanged at $2.75, Caribbean Producers traded just 3,077 units at $2.72, General Accident Insurance traded 274,062 units with the price closing unchanged at $1.50, Jamaican Teas had 2,000,000 shares trading to close at $3.12, Lasco Distributors closed with 476,042 units trading, ended down 20 cents at $1.60. Lasco Financial ended with 500,000 shares changing hands at $1.63 for a fall of 2 cents, Lasco Manufacturing with 240,261 units changing hands, closed at $1.70, with a fall of 15 cents, Paramount Trading ended with 2,500 units trading unchanged at $6 and Eppley 9.5% preference share ended with 374,000 units changing hands at $6.05.

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Access drops 46% on junior market

August 24, 2015 by

Access Off sign Access Financial Services has lost 46 percent in three trading days on the JSE junior market, ending at $10 on Monday. Trading finished with 4 stocks declining and 6 gaining out of 13 securities that traded, resulting in 920,177 units, valued at $2,765,138 changing hands. The market lost 34.14 points to close at 948.73, having shed nearly 100 points since it peaked earlier in the month.
At the close 4 securities ended with no bids to buy, while 5 had no stocks being offered for sale and 2 stocks closed with bids higher than the last traded prices and 5 with the offers being lower.
Stocks trading are, Access Financial Services traded 21,500 shares to close at $10, with a fall of $3. The stock has been trading on thin volumes, with support mostly around the $10 region, leaving a big gap that the bulk of buying is at and $19, the price it ran up to earlier the month. AMG Packaging closed at $3.95 with 6,200 units changing hands, Blue Power closed with 7,777 units changing hands with a gain of 5 cents at $12.35, Caribbean Cream traded 96,271 units to close 19 cents lower at $1.80. Caribbean Producers traded just 2,305 units at $2.72. Dolphin Cove finished with 2,120 shares while shedding 85 cents to end at $12.15, JM Trade 24-08-15General Accident Insurance traded 205,537 units with the price closing 20 cents higher at $1.50, Honey Bun with 78,140 shares changing hands and closed with a gain of 5 cents at $3.70, Jamaican Teas had 2,070 shares trading to close with a gain of 2 cents at $3.12. Lasco Distributors closed with 4,877 units trading, 1 cent up at $1.80, Lasco Financial ended with 447,738 shares changing hands at $1.65 for a fall of 1 cent, Lasco Manufacturing with 37,642 units changing hands, closed at $1.85, up 1 cent and Jamaican Teas variable rate bond traded 8,000 units to close at $100.

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

7 stocks fell on junior market

August 21, 2015 by

JSE sign The JSE junior market fell on Friday while 7 stocks declined and only 1 advanced out of 12 securities that traded, resulting in 1,272,996 units, valued at $2,909,186 changing hands. The market lost 24.71 points to close at 982.87.
At the close 4 securities ended with no bids to buy, while 4 had no stocks being offered for sale and 3 stocks closed with bids higher than the last traded prices and 2 with the offers being lower.
Stocks trading are, Access Financial Services traded 367 shares to close at $13, with a fall of $2.51, AMG Packaging closed at $3.65 with only 733 units changing hands, Blue Power closed with 3,568 units changing hands at $12.28, Caribbean Cream traded 215,075 units to close 30 cents lower at $1.99. Caribbean Flavours traded 459,138 units with the price dropping 5 cents to $2.75. Caribbean Producers traded just 2,000 units for an 8 cents fall to $2.72, General Accident Insurance traded 46,569 units with the price closing 5 JM - Trade 21-08-15cents lower, to a 52 weeks’ low of $1.25, the bid was at $1.45 to buy 220,000 shares and offered at $1.50 for sale of 273,438 units. Honey Bun with 11,526 shares changing hands and closed with a loss of 5 cents at $3.65, Lasco Distributors closed with 14,650 units trading, 16 cents lower at $1.79, Lasco Financial ended with 290,485 shares changing hands at $1.66 for a fall of 14 cents, at the close the bid was at $1.70 to buy 30,000 shares. Lasco Manufacturing with 175,657 units changing hands, closed at $1.84 and Medical Disposables traded 45,653 shares to close at $2.50.

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Juniors make moderate gain

August 13, 2015 by

Honey Bun closed at a 52 weeks' high of $3.40

Honey Bun closed at a 52 weeks’ high of $3.40

The JSE junior market rose slightly on Thursday with 5 stocks rising and 4 declining, at the close, 11 securities traded resulting in 1,621,286 units valued at $3,010,668 changing hands. The market fell 2.45 points to close at 1,037.14.
The market ended with 5 securities closing with no bids to buy, while 6 had no stock being offered for sale and 4 stocks closed with bids higher than the last traded prices and only 3 with the offer being lower.
Stocks trading are, Access Financial Services traded 100 shares to close at $19 with a gain of 88 cents, AMG Packaging closed at $3.65 with 2,114 units changing hands, Blue Power closed with 1,000 units changing hands and lost $1.22 to close at $12.28. Caribbean Cream traded 63,793 units, to close at $2. Caribbean Producers traded 13,489 units for a 10 cents JM - Trade 13-08-15gain at $2.70, Derrimon Trading ended with 11,746 shares changing hands, lost 25 cents to $2.20, Honey Bun with 4.450 shares changing hands, closed with a gain of 40 cents at $3.40, for a 52 weeks’ high. Jamaican Teas had 1,000 shares trading, to close at $3.53, the stock closed with an offer to sell at $3.50, Lasco Distributors closed with 1,229,090 units trading, 4 cents higher to $1.80, Lasco Financial Services traded 38,137 units to close at $1.80 after falling 10 cents and Lasco Manufacturing with 256,367 units changing hands, closed at $1.95 for the loss of 5 cents.

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

Juniors market at a another high

August 7, 2015 by

Lasco Manufacturing new "I Cool" drinks - the stock closed at an all time high on Friday at $2.10.

Lasco Manufacturing new “I Cool” drinks – the stock closed at an all time high on Friday at $2.10.

The JSE junior market rose to another all-time high on Friday as 3 stocks rose and 2 declined with Lasco Manufacturing adding 39 cents to close at $2.10. The market gained 27.73 points to close at 1,039.38. At the close on Friday, 9 securities traded resulting in 2,897,842 units valued at $6,200,468 changing hands. The market ended with 6 securities closed with no bids to buy, while 6 had no stocks being offered for sale and had 4 stocks with bids higher than the last traded prices and only 1 with the offer being lower. Stocks trading are, Access Financial closed at $19 with 800 units changing hands, after trading earlier at $18, Cargo Handlers ended with 10,000 shares changing hands at $31, Caribbean Cream traded 5,000 units but lost 15 cents to close at $1.95. Caribbean Producers traded 196,806 units for a 1 cent JM - Trade 7-08-15 gain at $2.60, Derrimon Trading ended with 19,007 shares changing hands, with a gain of 10 cents to end at $2.35. Lasco Distributors traded 65,500 shares to close at $1.76, Lasco Financial Services traded 1,845,506 units to close at $1.90 after shedding 10 cents. Lasco Manufacturing with just 679,674 units changing hands, gained 39 cents to close at $2.10, for a new 52 week’s high and Derrimon Trading ended with 75,549 shares changing hands to end at $2.40.

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

First time above 1,000 for juniors.

August 4, 2015 by

theGoodNews The JSE junior market gained 25.57 points on Tuesday to close at over 1,000 points for the first time ever in another record breaker move. The index closed at 1002.75 points as profits and shortage of stocks being sold continue the impact price movements. Today’s gains bring the increase in index over 46 percent since the start of this year. Technical indicator shows resistance around the present level, if that is cleared decisively, which seems likely, then the junior market should be heading to 1,200 points before a major resistance develops.
In actual trading on Tuesday, 10 securities changed hands with 6 rising and 2 declining

Access_Financial_Services

Access Financial Q2 profit up 71%

resulting in 1,410,115 units valued at $4,781,231. At the close, the junior market had 5 stocks having bids higher than their last selling prices, 2 with lower offers. 6 securities closed with no bids to buy, while 8 had no stocks being offered for sale.
Stocks trading are, Access Financial gained 50 cents to close at a new all-time high of $19 but with just 100 units, the company released results for the six months to June, with a 71 percent gain in the quarter, resulting in profit of $112.5 million versus $65.6 million and for the six months $252 million compared with $145 million. Today’s price, places the valuation of the stock around 10 times earnings. AMG Packaging with 16,596 units changing hands, ended unchanged at $3.60, Blue Power traded 164,139 units with the JM - Trade 4-08-15price rising 75 cents to $13, Caribbean Cream traded 48,500 shares at $2.10, after gaining 5 cents. Caribbean Producers dropped 46 cents, with 201,480 shares and closed at $2.59, Derrimon Trading had 10,000 shares changing hands, for a gain of 19 cents, to end at $2.25, Dolphin Cove jumped $3.35 to $12 while only 2,000 units traded. Honey Bun with 12,900 shares changing hands, closed 10 cents lower at $3, Lasco Distributors traded 14,500 shares to close at $1.80, Lasco Financial Services traded 935,900 units and gained 25 cents to close at $2.

Filed Under: Company News, Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , ,

Juniors jump to new high on Monday.

August 3, 2015 by

JSE sign The JSE junior market gained 34.79 points on Monday, to close at 977.18, for another new record high, beating the previous one reached on the last day of July, this year. The index gained over 16 percent since dipping to a recent low point of 841.74 points on July 27. Technical indicator shows resistance at around the 1,000 points level, if that is cleared decisively, then the juniors could be heading to 1,200 points before a major resistance come into play.
The juniors have now gained 42 percent for the year to date and 60 percent since the lows of the junior market last year, nearly 50 percent better than the main market index gain, an indicator that the junior stocks are once more asserting their dominance over the main market which was the case for sometime until the rally started in summer last year. This is a situation that will bear some watching, with the main market is in consolidation mood.
In actual trading on Monday, 9 securities changed hands with 5 rising and 2 declining resulting in 824,803 units valued at $1,577,521. The strong movement was aided by a $3 rise in the price of Access Financial that jumped to $18.50 but with only 100 shares trading.
At the close, the junior market had 5 stocks having bids higher than their last selling prices, 2 with lower offers. 6 securities closed with no bids to buy, while 7 had no stocks being offered for sale.
Stocks trading are, Access Financial gained $3 on top of the $2.74 rise to close at a new 52 weeks and all-time high of $18.50 but with just 100 units, Blue Power traded 872 units with the price falling 10 cents to $12.25, Caribbean Producers gaining 5 cents, with 10,000 shares and close at $3.05 but closed with an offer to sell 201480 shares at $2.75. General Accident had 7,250 shares JM - Trade Sheet-08-15changing hands for a gain of 7 cents to end at $1.86, Knutsford Express had 1,000 shares trading, firm at $6, Lasco Distributors traded 15,000 shares to close at a new 52 weeks’ high of $1.80, up 9 cents, the stock closed with low supply to sell at $1.74 and $2.13. There are only 4 offers in the market amounting 70,000 units. Lasco Financial Services traded 192,075 units and gained 29 cents to close at $1.75, Lasco Manufacturing with 255,521 shares trading unchanged $1.64 at the close, the stock closed with multiple bids at $1.65 to buy 1,328,000 units and with only 10,000 units on offer at $2.50 and Medical Disposables ended with 343,055 units and lost 10 cents to close $2.15.

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