Ten winning Junior Market stocks gained an average of 8.2 percent, the ten losing stocks averaged 10.9 percent. The market index declined by 2.56 percent to close the week at 3,149.92, down 82.71 points from 3,232.63 at the close of the previous week.
Caribbean Cream rose modestly during the week and slipped from the IC TOP10 listing and allowing Access Financial to enter the ICTOP10. Looking forward, the ICTOP10 listing that is compiled by ICInsider.com is headed by the currently suspended, Kintyre Holdings, projected to rise 1,076 percent. Two other stocks are projected to gain well over 300 percent and Omni Industries appears on both the weekly gainers list as well as the forecast.
CAC 2000 bouncing off a 52 weeks low led the winning stocks, with a rise of 28.57 percent, while Derrimon Trading led declining stocks. Limners and Bards rose 16.36 percent, and Edufocal advanced by 11.11 percent. GWEST Corporation added 9.68 percent, Omni Industries gained 6.52 percent and ISP Finance Services rounded out the top six with a rise of 2.92 percent.
Derrimon Trading Company fell by 21.26 percent, the week’s weakest performer. One on One Educational Services declined by 15.29 percent, followed by Mailpac Group at 12.31 percent. Fosrich Company lost 10.83 percent, Dolphin Cove dropped 10.57 percent and Express Catering fell 9.6 percent.
The ICInsider.com forecast based on 2026-27 earnings ranks the top ten Junior Market stocks by projected gain. Kintyre Holdings tops the list with a projected gain of 1,076 percent, more than double the next stock. While the potential gains may seem large, the stock rebounded early in the year to a high of 83 cents before dropping back to just 17 cents, following selling pressure that came from new shareholders who were paid for entities sold by share-based payments. The stock has fallen sharply this year and the Jamaica Stock Exchange suspended its trading in July over delays in filing audited financial statements.
The group expects to enjoy a boost in revenues from expanded Visual Vibes advertising sites.
Caribbean Assurance Brokers is second, with a projected gain of 476 percent, as the stock is expected to benefit from lower costs and a boost in third quarter revenues and profit. Of note and a vote of confidence, two directors acquired more than 2.3 million shares between August and September. RA Williams follows in fourth place at 171 percent, but remains undervalued having posted outstanding first quarter results even as they embark on adding new product line to the business. MFS Capital Partners is fifth, with projected gains of 157 percent,
the company recently announced expansion of its business in new locations and acquired a stationery and office supply business. Fontana is next, with a projected gain of 148 percent and Paramount Trading, with a projected gain of 135 percent, Omni Industries and Everything Fresh are projected to gain 133 percent and highly overlooked Access Financial sits at tenth place with 132 percent.
MFS Capital Partners ended the week with a gain of 21.28 percent to be the leading stock rising, but Limners and Bards was the weakest, in falling 12.5 percent. Caribbean Cream was the sixth-best performing stock, following solid second quarter results, reported after the close of the market on Thursday, with profit before tax amounting to $152 million for the half-year, and earnings per share coming in at 18 cents for the second quarter, up from 12 cents in the first quarter. The shares responded positively to the results, triggering the circuit breaker. In the process, it traded at $4.19. Looking ahead, the twelve-month forecast compiled by ICInsider.com projects earnings of 55 cents per share, with the stock set to rise by 186 percent over the next twelve months to $11. The stock has so far gained 84 percent for the year to date.
Caribbean Assurance Brokers is projected to rise 476 percent. The insurance broker’s shares had lost ground over the past year, so the forecast implies a substantial recovery. Express Catering is forecast to gain 267 percent, placing it third on the list. Express operates restaurants at Sangster International Airport, so its outlook is closely tied to a rebound in passenger traffic and tourism.
Among the top five winning companies for the week, MFS Capital Partners topped the list, after rising 21.28 percent. R.A. Williams Distributors was next with a gain of 20.31 percent, Paramount Trading advanced by 18.18 percent. Dolphin Cove rallied by 16.42 percent, while Consolidated Bakeries rose to the top five with a gain of 15.11 percent. See chart for the top 10.