General Accident — Page 200

Juniors still waiting to move

December 11, 2014 by IC Insider.com

Trading in the Junior Market closed with very little activity with only 5 securities traded. Trading ended with 628,116 units valued at $3,063,328. The JSE Junior Market Index fell 5.89 points to close at 667.73, with the price advancing.

Eppley 9.5% preference share was the leading trade on the junior market

At the close of the market, there were only 1 stock with the bid higher than the last selling price and none with lower offers. The junior market is showing signs of improvement, but continues to exhibit areas of weakness with 6 securities closing with no bids to buy. There were 6 securities that had no stocks being offered for sale.
Blue Power only traded 320 shares at $6.16 followed by Caribbean Producers in trading 26,500 units at $2.15 after falling 5 cents, General Accident with 33,296 units traded to close at $1.75 each Lasco Distributors chipped in with 100,000 units at $1.40 and lost 5 cents.
Eppley Limited 9.5% preference share traded 468,000 shares as the price slipped 9 cents to end at $6 a bit strange since the company is going back to the market with preference shares priced at $6 to start yielding 10 percent for two years.

Filed Under: JSE Junior Market, Stock Market Tagged With: Blue Power, Caribbean Producers (CPJ), Eppley, General Accident, Lasco, Lasco Distributors

Lasco Manufacturing dominates

December 10, 2014 by IC Insider.com

Lasco’s bottling line

Lasco Manufacturing finished trading with more than 3 million shares on a day when trading in the Junior Market closed with 7 securities trading with 3,887,715 units valued at $4,401,482. The JSE Junior Market Index rose 6.20 points to close at 673.62, with the price 4 stocks advancing and none declining.
At the close of the market, there were just 1 stock with the bid higher than the last selling price and none with the offers that was lower. Sentiments in the junior market seems to be on the mend with 6 securities closing with no bids to buy compared to as many as 11 a few weeks ago. There were 6 securities that had no stocks being offered for sale.
Lasco Manufacturing finished trading with 3,140,579 changing hands to end at $1, up by 2 cents, Lasco Distributors ended with 425,670 trading to end at $1.45 while gaining 1 cent, Blue Power Group ended with 950 units trading 11 cents higher at $6.16, General Accident Insurance closed trading with 11,332 shares and gained 16 cents at $1.75. Игроки могут войти прямо с нашего сайта, ссылка ведет на официальный ресурс и активное рабочее mostbet Выигрыш же можно оформить только при полностью заполненном профиле.
Caribbean Producers closed with 104,408 shares and ended at $2.20, Dolphin Cove ended with 6,000 to close at $8.50, Buying came into the market for Medical Disposables that finished with 198,776 units changing hands to end at $1.70, at the close there was a bid to buy 370,224 units, at $1.70.

Filed Under: JSE Junior Market, Stock Market Tagged With: Blue Power, Caribbean Producers (CPJ), Daily Trading, Dolphin Cove, General Accident, Lasco, Lasco Distributors, Lasco Manufacturing, Medical Disposables

Bulls seen at JSE this morning

December 10, 2014 by IC Insider.com

The Jamaica stock market is showing some bullish indications this morning, with the main indices all gaining over 1,100 points. The junior market index is also up from yesterday’s close. Main Market|
The JSE Market Index gained 1,179.75 points to 76,223.23, the JSE All Jamaican Composite index jumped 1,319.12 points to 83,939.47, the JSE combined index gained 1,208.88 points to close at 78,008.67 and the junior market index was at 678.07 up 10.65 points, at 11.05 o’clock this morning.
The main movers this morning so far are, Jamaica Producers up $1.04 to $17, National Commercial Bank up 30 cents at $18.50 and Scotia Group with a gain of 40 cents to $20.50 with 935,372 shares traded.General Accident Insurance gained 16 cents to $1.75 in the junior market.

Filed Under: Breaking News, JSE Main Market, Stock Market Tagged With: General Accident, Jamaica Producers, Jamaican Stock, junior market, NCB, Scotia

6 junior stocks fell on JSE

December 9, 2014 by IC Insider.com

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Trading in the Junior Market on Tuesday was more active than for some time, with 9 securities traded. Trading ended with 1,680,305 units valued at $1,661,213 being active. The JSE Junior Market Index lost 2.67 points to close at 667.42, with the price 2 stocks advancing and 6 declining.
At the close of the market, there were 2 stocks with bids higher than their last selling prices and none with offers lower. The junior market continues to exhibit weakness with 7 securities closing with no bids to buy. There were 5 securities that had no stocks being offered for sale.
in trading C2W Music ended with 72,000 shares at 38 cents and lost 2 cents, Caribbean Cream ended at 68 cents after losing 2 cents while 881,000 shares changed hands, followed by Caribbean Producers with 182,000 shares at $2.20, Consolidated Bakeries traded 4,000 units at 82 cents, General Accident lost 1 cent to $1.59 with 123,899 shares. Lasco Distributors closed a cent off, at $1.44 while 40,000 shares changed hands, but the price fell 5 cents. Lasco Financial had 150,806 units closing at 96 cents with a gain of 2 cents, Lasco Manufacturing lost 2 cents to 98 cents with only 197,600 being active and Medical Disposables fell 10 cents to a new all-time low of $1.70, with 10,000 units traded.

Filed Under: JSE Junior Market, Stock Market Tagged With: Caribbean Producers (CPJ), Consolidated Bakeries, General Accident, Jamaican Stock, Lasco, Medical Disposables, Purity

2 new 52 weeks’ low for juniors

December 8, 2014 by IC Insider.com

Kurk Boothe - Medical Disposables Managing Director. the company stock fell a new low on Monday, in spite of healthy profit gains.

Kurk Boothe – Medical Disposables Managing Director. The company’s stock fell to a new low on Monday, in spite of healthy profit gains.

Trading in the Junior Market closed with 7 securities trading, with the price 2 advancing and 2 declining, both losing stocks, closed at new 52 weeks’ low. Trading ended with 177,764 units valued at $294,489. The JSE Junior Market Index fell 2.48 points, to close at 670.09.
At the close of the market, there were 2 stocks with bids higher than their last selling prices and 2 stocks with offers that were lower. The junior market continues to exhibit weakness with 6 securities closing with no bids to buy, this is down from 11 a few weeks ago, as such sentiment is slowly on the mend. There were 4 securities that had no stocks being offered for sale.
The stocks that traded on Monday are, General Accident ended with 20,000 shares changing hands to gain of 3 cents to $1.60, Lasco Manufacturing closed with 30,000 units with a gain of 1 cent to $1. Caribbean Producers saw trading in 13,526 shares at $2.20, Dolphin Cove closed trading with only 108 shares changing hands at $8.50, Lasco Distributors completed trading with 13,130 shares changing hands at $1.49. Honey Bun ended trading with 15,000 units, the price slipped 22 cents to a new 52 weeks’ low of $1.90 and Medical Disposables ended with 86,000 units and closed at 20 cents lower to a new 52 week’ low of $1.80, and now trades lower than the issue price of $1.83, back in December 2013.

Filed Under: JSE Junior Market, Stock Market Tagged With: Caribbean Producers (CPJ), Dolphin Cove, General Accident, Honey Bun, Lasco, Lasco Distributors, Lasco Manufacturing, Medical Disposables

8 Stocks trade on JSE junior market

December 5, 2014 by IC Insider.com

General Accident stock rose 11 cents to $1.57 on Friday

Trading in the Junior Market closed with 8 securities traded, with the price of 2 advancing, 3 declining and 3 traded unchanged. Trading ended with 1,655,230 units valued at $2,097,723. The JSE Junior Market Index rose 1.53 points to close at 672.57.
At the close of the market, there were 2 stocks with bids higher than their last selling prices and 2 stocks with offers that were lower. The junior market continues to exhibit weakness with 7 securities closing with no bids to buy. There were 4 securities that had no stocks being offered for sale.
Access Financial traded 2,400 shares at $9, Caribbean Producers traded 76,978 units to end at $2.20, and lost 1 cents, Consolidated Bakeries with 105,314 shares closed at 82 cents, Dolphin Cove exchanged 5,300 shares and lost 30 cents to end at $8.50, General Accident closed up, by 11 cents, at $1.57 while 61,516 units were traded. Lasco Distributors ended up with a volume of 650,000 being traded for $1.49 and the price rose 5 cents to $1.49, Lasco Financial traded 721,560 shares to end at 94 cents after losing 2 cents and Lasco Manufacturing traded at 99 cents with 32,162 shares.

Filed Under: JSE Junior Market, Stock Market Tagged With: Caribbean Producers (CPJ), Consolidated Bakeries, Dolphin Cove, General Accident, Lasco, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Purity, Trading Activity

Lasco Distributor up 30% in November

November 30, 2014 by IC Insider.com

Junior market stocks gained 5 percent overall, for November, with Lasco Distributor moving up 30 percent to close at $1.50 as institutional buying, helped to push the price as the company enters new contracts that expand the product lines to be distributed as well as increased products form its sister company, Lasco Manufacturing. The manufacturing company stock rose 15 percent in the month as the second highest gain in the junior market. Buy Rated Knutsford Express grew 6 percent to end at $5.85 and Dolphin Cove another Buy Rated stock moved up 5 percent to end at $8.50.
Lasco Financial closed at 95 cent, for a 3 percent decline the same decline as General Accident in closing at $1.50. Jamaican Teas ended at $2.85, down 14 percent, the company reported lower profits for the fiscal year to September. Blue Power dropped to $6.05 or 22 percent but the bid climbed to $7 after the company reported profit that was just slightly lower than in the six months to October last year, by 7 percent, as it reported earnings of 91 cents per share, for the period.

Filed Under: JSE Junior Market, Stock Market Tagged With: Blue Power, General Accident, Jamaican Stock, Jamaican Teas, Knutsford Express, Lasco, Trading Activity

Blue Power at 52 weeks’ low

November 26, 2014 by IC Insider.com

Trading in the Junior Market closed with only 5 securities traded, with the price 1 advancing and 2 declining. Blue Power closed at a new 52 weeks’ low, of $6.05, on small volume. Trading ended with 476,603 units valued at $712,470. The JSE Junior Market Index dropped 5.71 points to close at 678.96.
At the close of the market, there were 3 stocks with bids higher than their last selling prices and 4 stocks with offers that were lower. The junior market continues to exhibit weakness with 6 securities closing with no bids to buy. There were 5 securities that had no stocks being offered for sale.
The active stocks in the junior market on Wednesday are, General Accident closed trading with 10,000 units, to gain 8 cents at $1.58, Blue Power ended with a mere 250 units trading, as the price slipped 75 cents to $6.05. Lasco Distributors ended with 436,420 shares changing hands to close with a loss of 11 cents at $1.40, the bid close at $1.50 to buy 25,254 shares. Caribbean Flavours had 12,710 shares changing hands to close at $2.35, Caribbean Producers concluded trading with 17,223 shares trading at $2.20.

Filed Under: JSE Junior Market, Stock Market Tagged With: Blue Power, Caribbean Flavours, Caribbean Producers (CPJ), General Accident, Lasco

8 junior market stocks trade

November 20, 2014 by IC Insider.com

General Accident traded 551,733 units at $1.50.

The number of companies trading in the Junior Market picked up on Thursday with 8 securities traded, with the price of 2 advancing and 2 ending lower.Trading ended with 1,247,208 units valued at $2,018,182. The JSE Junior Market Index rose 1.69 points to close at 681.04.
At the close of the market, there was 1 stock with the bid higher than the last selling price and 2 stocks with offers that were lower. The junior market continues to show signs of weakness with 8 securities closing with no bids to buy. There were 5 securities that had no stocks being offered for sale at the close of the market.
Lasco Distributors closed with 47,970 shares trading 6 cents higher to $1.45, Lasco Manufacturing finished trading with 50,000 shares while gaining 5 cents to end at $1.05, Caribbean Cream had 40,000 shares changing hands, to close at 71 cents, Consolidated Bakeries concluded trading with 10,000 shares changing hands, to close at 82 cents, Derrimon Trading exchanged 20,000 shares in trading at $2.15 and Lasco Financial finished trading with 75,950 shares at 91 cents.
Caribbean Producers finished trading with 451,555 shares with a loss of 25 cents to $2 and General Accident traded 551,733 units to fall 3 cents to $1.50.

Filed Under: JSE Junior Market, Stock Market Tagged With: Caribbean Producers (CPJ), Consolidated Bakeries, Derrimon Trading, General Accident, Jamaican Stock, Lasco, Purity

Profit up at General Accident but just

November 18, 2014 by IC Insider.com

Profit for General Accident rose only 8 percent, for the nine months ending September this year, to $241 million or 23 cents per share.
For the similar period last year, the company reported a net profit of $223 million, putting them on target to exceed 30 cents per share for the full year to December. Profit for the September quarter amounted to $54 million and is up 20 percent over the 2013 results. Premium income grew 91 percent in the quarter and 19 percent for the year to date period, but commission income was up 15 percent in the quarter, and 38 percent for the nine months to September. Underwriting profit climbed 57 percent in the quarter and 39 percent for the year to date. Investment income declined sharply due to slower exchange rate movement in 2014, versus 2013. Administrative expenses climbed 13 percent in the quarter and 20 percent for the nine months to September. The sharp increase in premium income in the September quarter should lead to higher income in the December quarter and raise earnings beyond the level enjoyed in the period to date.
“The company ended the quarter with a book value of $1.62 billion and generated a return on average equity for shareholders for the nine months period of 21 percent,” management stated in a release with the results. Equity at end of September last year was $1.35 billion.
Insurance reserves at the end of the period, stood at $2.1 billion, and is covered by cash and investments, of just over $2 billion.
With the stock trading at $1.53, on the junior market of the Jamaica Stock Exchange it is severely undervalued and has lots room to run accordingly, remains IC Insider BUY RATED.