General Accident — Page 199

3 junior stocks rose

January 7, 2015 by IC Insider.com

Jamaican Teas stock gained the most on the junior market on Wednesday

Jamaican Teas stock gained the most in the junior market on Wednesday

Activity on the Junior Market closed with only 8 securities trading and ended with 348,611 units valued at $ 1,027,217. The JSE Junior Market Index fell 2.92 points to close at 700.21, with the price 3 advancing and 2 declining.
At the close of the market, there were 5 stocks with bids higher than their last selling prices and no stocks with offers that were lower. The junior market closed with 6 securities closing with no bids to buy. There were 8 securities that had no stocks being offered for sale.
Stocks trading are, Jamaican Teas finishing with 64,302 units changing hands, to close 34 cents up at $2.85. Lasco Manufacturing ended with 70,700 shares changing hands with a gain of 5 cents, at $1.18, Paramount Trading ended with 17,342 units changing hands, to close 1 cent higher at $2.76. Eppley 9.5% preference shares traded 91,100 units at $6, General Accident finished with 34,667 shares changing hands at $1.75, Lasco Financial closed with 1,000 units trading at $1.05, AMG Packaging closed with 5,000 units trading as the price slipped 1 cent to $2.14 and Lasco Distributors finished with 64,500 shares changing hands 5 cents lower to $1.45.

Filed Under: JSE Junior Market, Stock Market Tagged With: AMG Packaging, General Accident, Jamaican Teas, Lasco, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Paramount Trading

Lasco companies push junior market

January 6, 2015 by IC Insider.com

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

Gains in Lasco Manufacturing and Lasco Distributors helped to push the junior market index by a strong 2 percent, in market activity on Tuesday.
Trading on the Junior Market resulted in only 6 securities trading with 97,920 units valued at $153,520 changing hands. The JSE Junior Market Index rose 13.93 points to close at 703.13, putting it back to levels that existed in early July last year. There were 4 advancing stocks, none declined.
At the close of the market, there were 6 stocks with bids higher than their last selling prices and only 1 with the offer lower. The junior market continues to reflect renewed interest with 7 securities closing with no bids to buy. There were 7 securities that had no stocks being offered for sale.
Stocks trading on Tuesday are, Lasco Distributors ending with 11,422 shares changing hands to close with a gain of 5 cents, at $1.50, Lasco Manufacturing ended trading with 28,620 shares changing hands to close 3 cents higher at $1.13, Medical Disposables finished trading with 9,000 shares, with a gain of 10 cents to $1.85. Paramount Trading finished with 1,939 shares changing hands to close 4 cents higher at $2.75, General Accident closed with 44,650 units trading at $1.75 and Lasco Financial closed with 2,289 shares changing hands at $1.05.

Filed Under: JSE Junior Market, Stock Market Tagged With: General Accident, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Medical Disposables, Paramount Trading

Junior market indicators point higher

January 5, 2015 by IC Insider.com

Lasco Financial Services’ stock was the sole one to gain on the junior market

At the close of trading on the Junior Market there were 9 stocks with bids higher than their last selling prices and only 1 with the offer that was lower, the strongest this has been in months and a signal of rising prices ahead.
At the close of the junior market had 6 securities closing with no bids to buy. There were 9 securities that had no stocks being offered for sale, the latter is in keeping with the increase in the number of stocks with bids that are higher than the last selling prices.
At the close only 6 securities traded and ended with only 314,145 units valued at $336,525 changing hands. The JSE Junior Market Index rose 0.11 points to close at 689.20, with the price 1 advancing and 1 declining.
Stocks trading on Monday are, Lasco Financial that closed with 13,811 shares changing hands to gain 7 cents at $1.05, Consolidated Bakeries closing with 815 shares trading at 82 cents, General Accident finishing with 40,000 shares changing hands at $1.75, Honey Bun ending with 4,625 shares trading at $1.71. Lasco Distributors concluded trading with 167,894 shares changing hands at $1.45 and Lasco Manufacturing ended having 87,000 shares changing hands to close 2 cents lower at $1.10.

Filed Under: JSE Junior Market, Stock Market Tagged With: Consolidated Bakeries, Daily Trading, General Accident, Honey Bun, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Purity

Junior stocks up last day down 9% in 2014

December 31, 2014 by IC Insider.com

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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.

Filed Under: JSE Junior Market, Stock Market Tagged With: AMG Packaging, Blue Power, C2W Music, Caribbean Producers (CPJ), Daily Trading, General Accident, Honey Bun, Lasco

Access dominates with 1.2b shares

December 30, 2014 by IC Insider.com

There was trading in 135,339,271 units of Access Financial shares which were primarily sold by Mayberry from their holdings and purchased by Proven Investments, in 33 trades. The acquisition places Proven at just under 50 percent ownership of the company. The trade was by far the largest on the exchange for the day and leaves less than 10 percent of the ownership in the wider public’s hands.
Trading on the Junior Market closed with only 6 securities traded and ended with 135,592,084 units valued at $1,218,415,832 changing hands. The JSE Junior Market Index fell 4.72 points to close at 684.63, with the price of only 1 stock advancing and 3 declining.
Even as the index slipped, the junior market continues to reflect renewed interest with 4 securities closing with no bids to buy and there were 9 securities that had no stocks being offered for sale. At the close of the market, the indicators point to rising prices ahead as there were 6 stocks with bids higher than their last selling prices and only 1 stock with the offer that is lower.
Stocks trading are, Lasco Financial ended trading with 3,000 shares as the price rose 2 cents to 98 cents, General Accident ended with 3,000 shares changing hands at $1.75, Lasco Manufacturing had 8,813 shares changing hands to close at $1.12. Access Financial closed with 135,339,271 units trading as the price slipped 5 cents to $9, Caribbean Producers finished with 1,000 shares trading lower by 2 cents to $2.03 and Lasco Distributors ended with 237,000 shares trading 4 cents lower at $1.41.

Filed Under: Company News, JSE Junior Market, Stock Market Tagged With: Caribbean Producers (CPJ), General Accident, Lasco Distributors, Lasco Financial, Lasco Manufacturing

Access 14m shares trade cancelled

December 29, 2014 by IC Insider.com

Mayberry traded 14,065,475 units of Access Financial shares at $9 on Monday but the transactions were cancelled after the market closed. Apparently, the trade was in breach of the court order for the two major shareholders to freeze their respective holdings. The official trading report of the Jamaica Stock Exchange showed the trades as they were still valid, but data on the stock exchange trading system show the trades as cancelled.
In actual trading on the Junior Market, only 6 securities traded ending with 336,824 units valued at $597,178 changing hands. The JSE Junior Market Index dropped 1.01 points to close at 689.28, with the price of 2 advancing and 2 declining.
At the close of the market, there were 4 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 4 securities closing with no bids to buy up from 11 some weeks ago. There were 10 securities that had no stocks being offered for sale, including 2 junior market preference shares.
The stocks trading are, Honey Bun ended trading with only 222 shares changing hands to close 1 cent up at $1.71, Lasco Distributors ended with 27,802 shares trading and gained of 1 cent to $1.45, AMG Packaging ending with 2,500 shares trading at $2.15. General Accident finished with 1,000 shares trading at $1.75, Caribbean Producers finished with 226,000 shares trading lower by 2 cents to $2.05, Lasco Financial ended trading, with 79,300 shares changing hands, to close 2 cents down at 96 cents

Filed Under: JSE Junior Market, Stock Market Tagged With: AMG Packaging, Caribbean Producers (CPJ), General Accident, Honey Bun, Jamaican Stock, Lasco, Lasco Distributors, Lasco Financial

Low activity on junior market

December 18, 2014 by IC Insider.com

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: AMG Packaging, Blue Power, Daily Trading, General Accident, Honey Bun, Jamaican Stock, junior market, Lasco, Lasco Distributors, Lasco Financial, Lasco Manufacturing

Demand up for Lasco Manufacturing

December 17, 2014 by IC Insider.com

Lasco Manufacturing new bottling line at their new factory at White Marl, St Catherine

Activity Trading on the Junior Market saw increased buying interest in Lasco Manufacturing which moved the price higher, at the close there were bids at $1.11 to buy 44,000 units and at $1.10 to buy 881,000 shares. Selling is limited at levels close to the last traded price.
The junior market closed with only 5 securities traded and ended with 226,275 units valued at $273,781. The JSE Junior Market Index rose 12.09 points to close at 679.08, with the price 2 stocks advancing and 1 falling. The junior market sentiment is improving with 5 securities closing with no bids to buy compared to 11 a few weeks ago. There were 8 securities that had no stocks being offered for sale while at the close, there were 4 stocks with bids higher than their last selling prices and none with lower offers.
The stocks trading are, Lasco Distributors trading 51,000 shares with the price rising 1 cent to $1.41, Lasco Manufacturing concluded trading with 120,875 units and put on 12 cents to $1.12. Consolidated Bakeries ended with 10,000 shares at 82 cents, Lasco Financial ended with 24,400 shares at $1.05 and General Accident ended with 20,000 shares trading 5 cents lower to $1.75.

Filed Under: JSE Junior Market, Stock Market Tagged With: Consolidated Bakeries, Daily Trading, General Accident, Jamaican Stock, Lasco, Purity

3 junior stocks rose 1 fell

December 16, 2014 by IC Insider.com

General Accident traded the most in volume on the junior market and had the highest gain

Activity on the Junior Market closed with only 5 securities trading and ended with 1,272,316 units valued at $1,880,973. The JSE Junior Market Index rose 1.50 points to close at 666.99. Trading ended with the price 3 stocks advancing and 1 declining.
At the close of the market, there were 4 stocks with bids higher than their last selling prices and no stock with the offer lower. The junior market continues to exhibit weakness with 7 securities closing with no bids to buy. There were 8 securities that had no stocks being offered for sale.
In trading on Tuesday, IC Insider BUY RATED General Accident closed with 640,683 shares trading as the price ended 15 cents higher at $1.80, Lasco Financial saw trading in 578,398 units and put on 8 cents to $1.05, Paramount Trading ended with 14,650 shares changing hands 1 cent higher to $2.56. Eppley traded 107 shares at $380 and Caribbean Producers traded 38,478 shares but lost 8 cents to end at $2.07.

Filed Under: JSE Junior Market, Stock Market Tagged With: Caribbean Producers (CPJ), Eppley, General Accident, Lasco, Paramount Trading

Jamaican Teas at new low

December 15, 2014 by IC Insider.com

The Orchid property being developed that should add to Jamaican Teas’ profits in 2015 & 2016.

Jamaican Teas closed trading at the lowest price since it was listed in 2011, prompted by the lowest profit reported since it was listed, as it generated earnings per share of 32 cents versus 55 cents in 2013. Investors may be reacting to results that were negatively affected by what may be one off cost, without focussing on what the future may hold.
Trading in the Junior Market closed with 6 securities traded and ended with 122,569 units valued at $215,553 being active. The JSE Junior Market Index fell 3.08 points to close at 665.49, with the price of one advancing 3 declining. At the close of the market, there were 2 stocks with bids higher than their last selling prices and none with offers that were lower. The junior market remains on the weak side with 8 securities closing with no bids to buy. There were 6 securities that had no stocks being offered for sale.
General Accident closed with 92,805 units trading, the price slipped 10 cents to $1.65, Honey Bun completed trading with 10,018 shares changing hands to close 10 cents up to $2, Jamaican Teas finished with 5,000 shares trading lower by 34 cents $2.50, to a new an all-time low. Paramount Trading ended trading with 7,000 shares changing hands to close at 5 cents lower at $2.55, Caribbean Producers ended trading with 1,746 shares changing hands to close at $2.15 and Consolidated Bakeries closed with 6,000 shares at 82 cents.