Sygnus Credit leaps into TOP10.
Sygnus Credit Investments is back in the main market TOP 10 and now sits close to the top, replacing Grace Kennedy that rose to $67 on Friday in a week when the main market closed at another record high.
strong>Sygnus jumped in, based on a switch to earnings for the new fiscal year starting in July. Junior Market Fontana and Elite Diagnostic are now in the upper half of the Junior Market TOP 10, both are now supported by 2020 earnings that are higher than for the year just ended.
Everything Fresh and Main Event eased out of the Junior Market listing. Earnings of Wisynco Group, a former TOP 10 listing, have also been switched to 2020 fiscal year earnings, but with the price having risen strongly this year, potential gains will not be sufficient to put it in the list any time soon.
Junior Market stocks continue to struggle to get investors’ attention but the market is consolidating with investors targeting a select group and is poised for a takeoff very soon with the market highly undervalued, currently.
The three most attractive Junior Market stocks are, Iron Rock with projected gains of 243 percent, followed by Caribbean Producers 233 percent and Elite Diagnostic with possible gains of 225 percent.
Radio Jamaica heads the main market with 170 percent potential gains followed by Sygnus Credit Investments with expected gains of 167 percent and Sterling Investments in third spot with the potential to gain 163 percent by March next year.
The main market, closed the week with the overall PE at 15.2 and the Junior Market at 11.2. The PE ratio for Junior Market Top 10 stocks averages 6.7 and the main market PE 8.9. These levels, point to a big upside for TOP 10 stocks over the next 12 months and Junior Market stocks in particular.
The TOP 10 stocks now trade at an average discount of 40 percent to the average for the Junior Market Top stocks and main market stocks trade at a discount of 41 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns within a 12 months period. 
Projected earnings, for each company’s current fiscal year, are used in determining, the selected stocks. The PE for and projected earnings for each stock are computed to show potential gains for the year, which are ranked in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis as new information is received that can result in changes in and out of the list.
This report is compiled by persons who may have interest in the securities commented on.
The Junior Market of the Jamaica Stock Exchange ended on trading Friday, with 32 securities changing hands and the prices of 15 securities rising, 9 declining and 8 remaining unchanged.
In contrast, May ended with an average of 81,626 units for $311,248 for each security traded.
Key Insurance closed with a loss of 35 cents at $3.35, in swapping of 4,400 shares. KLE Group ended trading with 34,000 shares, after rising 20 cents to end at $2.35, Knutsford Express finished trading 8,566 shares and rose $1 higher to $12.50, Lasco Distributors traded 46,835 units to close at $3.30, Lasco Financial closed trading of 6,700 units and gained 1 cent to end at $4.71. Lasco Manufacturing declined by 15 cents to settle at $4.05 in trading 477,000 units, Medical Disposables traded 28,592 units at $6.70, Paramount Trading closed trading 2,690 units at $2, Stationery and Office closed with a loss of 59 cents at $9.01, in the swapping of 148,000 shares and tTech ended trading with 37,141 shares, after rising 16 cents to end at $5.46. In the Junior Market preference segment, CAC 2000 closed trading of 1,000 units and gained 15 cents to end at $1.15.
AMG Packaging closed at $1.99 with 14,425 stock units changing hands, Blue Power declined by 16 cents to settle at $4.79, Caribbean Cream closed trading 28,640 units at $5.27, Caribbean Producers traded 27,541 units at $4.80. Derrimon Trading ended market activity in exchanging 18,202 shares to close at $2.55 after falling 3 cents, Dolphin Cove closed trading of 4,409 units and gained 25 cents to end at $12, Elite Diagnostic ended trading with 18,067 shares at $3.99. Everything Fresh exchanged 188,461 units at $1.40, Express Catering ended market activity exchanging 94,422 shares to close at $6.20 after falling 80 cents, Fontana closed trading of 239,209 units with a rise of 7 cents to end at $4.62. FosRich Group close with an exchange of 12,066 units at $4.70, General Accident traded 105,404 units to end at $4.10, GWest Corporation gained 11 cents to end at $1.15, in trading 277,027 units, iCreate ended market activity exchanging 12,930 shares to close at 70 cents. Indies Pharma traded of 8,634,384 units at $3.03, Iron Rock closed with a loss of 7 cents at $3.55, in swapping 66,702 shares, Jamaican Teas fell 12 cents trading 36,649 units to close at $4.18. 
Jetcon Corporation lost 5 cents in trading of 177,109 units at a 52 weeks’ low of $1.75, Knutsford Express closed at $11.50 with 9,450 stock units changing hands, Lasco Distributors dipped 9 cents in trading of 28,853 units at $3.30, Lasco Financial traded 156,112 units to close at $4.70. Lasco Manufacturing climbed 10 cents and exchanged 938,182 shares at $4.20, Medical Disposables traded 7,786 units at $6.70, Paramount Trading fell 45 cents in trading 5,861 units at $2, Stationery and Office Supplies climbed 2 cents and exchanged 93,187 shares at $9.60 and tTech decline 5 cents in trading of 1,100 units at $5.30.
The Junior Market of the Jamaica Stock Exchange ended trading on Wednesday, with an exchange of 3,778,290 units valued at $13,398,281 compared to 1,838,031 units valued at $6,450,947 on Tuesday. 
Indies Pharma declined 9 cents in trading of 142,783 units at $3.03, Iron Rock ended trading of 67,246 shares, after rising 12 cents to end at $3.62, Jamaican Teas fell 5 cents in trading of 3,500 units at $4.30, Jetcon Corporation declined 5 cents in exchanging 1,055,936 units at $1.80. Knutsford Express declined $1 to end at $11.50 with 2,167 stock units changing hand, Lasco Distributors climbed 24 cents and exchanged 214,358 shares at $3.39, Lasco Financial closed the trading of 1,181,077 units and gained 20 cents to end at $4.70, Lasco Manufacturing shed 20 cents in trading of 85,400 units at $4.10. Main Event closed with a loss of 90 cents at $6, swapping of 1,928, shares, Medical Disposables dipped 30 cents trading of 5,000 units at $6.70, Stationery and Office Supplies fell 32 cents, trading 50,000 units at $9.58 and tTech declined 11 cents trading 18,203 units in closing at $5.35.
Caribbean Cream ended trading of 4,662 units at $5.27. Caribbean Producers closed trading of 58,622 units and gained 14 cents to end at $4.90, Consolidated Bakeries lost 23 cents trading 77,148 units to close at $1.77. Derrimon Trading at $2.59 with 57,558 stock units changing hands, Dolphin Cove traded 5,100 shares to end at $11.75, Elite Diagnostic exchanged 141 shares and declined by 3 cents to settle at $3.97, Everything Fresh exchanged 100,000 units at $1.40, Express Catering declined by 40 cents to settle at $6.75, with an exchange of 37,840 units. FosRich Group closed with a loss of 5 cents at $4.95, in the swapping of 6,208 shares, Fontana closed 11 cents higher at $4.51, with 171,655 stock units changing hands after the price hit an intraday all-time high of $4.96, GWest Corporation closed with 102,148 units changing hands at $1.02. General Accident lost 3 cents in trading of 17,684 units at $4.07. Honey Bun closed at $6.50 after hitting a new all-time high of $7.33 in trading 34,500 shares after dropping 50 cents, iCreate ended with a loss of 1 cent at to close at 79 cents with 201,050 stock units changing hand, 
Indies Pharma traded 79,119 shares, after rising 5 cents to end at $3.12. Jamaican Teas shed 35 cents in trading of 35,443 units to close at $4.35. Jetcon Corporation lost 2 cents in trading of 23,100 units at $1.85, Knutsford Express concluded trading of 14,883 shares at $12.50, Lasco Distributors shed 24 cents in trading of 339,755 units at 52 weeks’ low of $3.15, Lasco Financial dipped 15 cents in trading of 166,950 units to close at $4.50. Lasco Manufacturing hit a 52 weeks’ high of $4.50 but lost altitude by the close to finish trading 112,917 shares at $4.30, Main Event settled at $6.90 after 126,857 shares were traded, Medical Disposables climbed 30 cents and exchanged 1,000 shares at $7. Paramount Trading closed 42 cents higher at $2.45, with 5,800 stock units trading and Stationery and Office closed trading of 500 units and gained 30 cents to end at $9.90. In the junior market preference segment, CAC2000 preference share closed with a loss of 10 cents at $1, after swapping of 12,991 shares.
iCreate exchanged 100,200 shares, after rising 9 cents to end at 80 cents, Indies Pharma closed with a loss of 13 cents at $3.07, with an exchange of 173,410 shares, Jamaican Teas rose 15 cents to conclude trading of 9,540 shares at $4.70. Jetcon Corporation shed 3 cents in trading of 4,795 units at $1.87, Key Insurance closed 10 cents higher at $3.70, with 207 stock units changing hands, Knutsford Express fell $1.50 in concluding trading of 74,906 at $12.50, Lasco Distributors dipped 30 cents in trading of 74,906 units at $3.39. Lasco Financial declined 15 cents to settle at $4.65 and trading 42,255 shares, Lasco Manufacturing added 10 cents in closing trading at $4.30 with an exchange of 126,983 shares, Main Event settled $1 higher at $6.90 after 25,856 shares were traded. Medical Disposables lost 30 cents in trading of 1,500 units at $6.70 and Stationery and Office Supplies closed with 39,420 shares changing hands at $9.60.
Entering the main market TOP 10 list are Carreras, Jamaica Broilers and Pulse Investments. The Junior Market bid good-bye to CAC200 and Jamaican Teas and welcomed back Lasco Financial and Everything Fresh. 
Sterling Investments with 178 percent leads main market stocks followed Radio Jamaica with potential gains of 173 percent and Victoria Mutual Investments in third spot with the potential to gain 144 percent by March next year. 
The average volume and value for the month to date amounts to units 173,031 for an average of $731,049, previously, 195,632 at $730,567. In contrast, May ended with an average of 81,626 units for $311,248 for each security traded.
General Accident exchanged 34,633 shares at $4.15. GWest Corporation traded 38,980 shares to end at $1.15, iCreate fell 9 cents in trading 577,519 units to close at 71 cents, Jamaican Teas finished trading 16,033 shares with a rise of 20 to $4.55, Jetcon Corporation closed with a loss of 10 cents at $1.90, in swapping 533 shares. Key Insurance ended trading with 7,000 shares, after rising 25 cents to $3.60, Knutsford Express exchanged 13,588 shares at $11, Lasco Distributors closed 9 cents higher at $3.69, with 185,348 stock units changing hands. Lasco Financial declined 60 cents to $4.80 in trading of 1,098,116 units and Lasco Manufacturing exchanged 1,801,604 shares, and rose 10 cents to end at $4.20. Medical Disposables closed trading of 45,260 units at $7, SSL Venture Capital ended market activity with 25,000 shares trading at $1.61 and Stationery and Office Supplies closed with 3,408 shares changing hands at $9.60.
Blue Power traded 34,108 shares at $4.50, CAC 2000 rose $1.24 in trading 345 shares to close at $14, Cargo Handlers ended trading with 1,100 shares, after rising 20 cents to end at $9.20. Caribbean Cream fell 39 cents to settle at $5.40 with an exchange of 13,700 shares, Caribbean Producers lost 15 cents trading 30,354 units at $4.75, Consolidated Bakeries closed trading of 117,929 units with a gain of 1 cent to end at $2. Derrimon Trading closed at $2.60 trading 64,000 shares, Dolphin Cove concluded trading of 1,230 shares with a rise of $1.25 to end at $11.75, Elite Diagnostic closed with a loss of 5 cents at $3.95, swapping of 21,074, shares, Everything Fresh traded 102,200 units to close at $1.47. Express Catering declined 10 cents to settle at $7 after exchanging 36,500 shares, FosRich Group dipped 15 cents in trading of 95,805 units at $4.85, Fontana closed 15 cents higher at $4.55, with 207,732 stock units trading, General Accident fell 5 cents in trading of 5,101,798 units at $4.15. GWest Corporation ended trading with 30,000 shares, after rising 9 cents to end at $1.15, Honey Bun closed trading of 98,562 units and gained 50 cents to end at record high of $7, iCreate climbed 1 cent and exchanged 105,757 shares in closing at 80 cents. Indies Pharma closed trading of 37,672 units after gaining 10 cents to end at $3.20, Iron Rock declined by 5 cents to settle at $3.50, in exchanging 41,210 shares, ISP Finance settled at $4.13 higher at $19.63 with just 398 units changing hands, Jamaican Teas closed trading of 21,000 units and gained 5 cents to end at $4.35. 
Jetcon Corporation closed trading of 155,708 units, rising 1 cent to end at $2. KLE Group exchanged 30,547 shares to close at $2.15, Knutsford Express closed trading of 3,478 units at $11, Lasco Distributors closed with a loss of 9 cents at $3.60 after swapping 52,667, shares. Lasco Financial ended trading with 73,387 shares, after rising 10 cents to end at $5.40, Lasco Manufacturing added 10 cents in exchanging 106,316 shares at $4.10, Main Event closed 40 cents higher at $5.90, with 170,410 stock units trading, Medical Disposables closed trading of 72,400 units at $7. Paramount Trading closed 3 cents higher at $2.03, trading 2,762 stock units, SSL Venture Capital ended trading with 1,542,184 shares, after rising 1 cent to end at $1.61, Stationery and Office ended trading of 40,567 shares, to end at $9.60 and tTech traded 300 shares, after rising 60 cents to end at $5.46.
Indies Pharma shed 20 cents in trading of 49,599 units at $3.10, Iron Rock closed at $3.55, trading 58,790 shares. Jamaican Teas lost 20 cents in trading of 59,159 units to close at $4.30, Jetcon Corporation climbed 4 cents and exchanged 4,800 shares at $1.99. Knutsford Express fell $1.50 in trading of 1,522 units at $11, Lasco Distributors ended trading of 5,754 shares, after rising 4 cents to end at $3.69, Lasco Financial rose 10 cents to end at $5.30, trading 6,289 shares, Lasco Manufacturing lost 1 cent to close at $4 with 143,555 stock units changing hands. Main Event climbed 5 cents while exchanging 12,566 shares at $5.50, Medical Disposables lost 50 cents trading of 37,743 units at $7 and Stationery and Office ended trading of 30,476 shares, after rising 10 cents to end at $9.60.
