The main market slipped on each trading day, this past week with the market index dropping more than 11,000 points and has corrected nearly 8 percent from the peak in August while the Junior Market fell 65 points but the TOP 10 stocks had one change.
Jetcon Corporation rose in price by the end of the week to $1.99 from $1.85 at the close of the previous week and dropped out of the Junior Market TOP 10, while CAC2000 moved back into the top 10 at the number ten spot.
Market activity resulted in no change to the top three Junior Market stocks, leaving Caribbean Producers with projected gains of 233 percent as the leader, followed by Iron Rock with potential gains of 233 percent and Jamaican Teas with 167 percent.

Radio Jamaica closed the week down at $1.80 from $1.99 with projected gains of 178 percent, up from last week’s 151 percent and remains the leading undervalued main market stock. Carreras is the number two stock with likely gains of 129 percent and Berger Paints with projected gains of 95 percent is next.
The main market closed the week with the overall PE of 17.2 and the Junior Market at 11.8 based on current year’s earnings. The PE ratio for Junior Market Top 10 stocks average is at 7.8 and the main market PE fell to 10.8 from 11.1 for the previous week.
The TOP 10 stocks now trade at a discount of 34 percent to the average for Junior Market stocks and main market stocks trade at a discount of 37 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns to March next year.
Projected earnings, along with the PE ratio for each company’s current fiscal year are used in determining potential gains with the likely gains ranked in descending order with highest ranked being the most attractive. 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 an interest in the securities commented on.
followed by Iron Rock with potential gains of 204 percent and Jamaican Teas with 158 percent.
The main market, closed the week with the overall PE of 17.3, inching up from 17.2 for the previous week and the Junior Market rose to 12 from 11.1 last week based on current year’s earnings. The PE ratio for Junior Market Top 10 stocks average rose to 7.9 from 7.7 and the main market PE remains at 11.1.
PE ratio for each company’s current fiscal year are used in determining potential gains with the likely gains ranked in descending order with highest-ranked being the most attractive. 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.
with projected gains of 240 percent as the leader, followed by Iron Rock Insurance with potential gains of 201 percent and Medical Disposables with 186 percent.
The PE ratio for Junior Market Top 10 stocks average remains at 7.7 and the main market PE at 11.1, up from 10.4 at the close of the previous week.
the PE ratio for each company’s current fiscal year are used in determining potential gains with the likely gains ranked in descending order with highest-ranked being the most attractive. 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.
Buy Rated Junior Market stocks have two new entrants this week with
Market activity, left Caribbean Producers with projected gains of 240 percent as the leading Junior Market stock with likely gains, followed by
Carreras sits at the number two spot with projected gains of 125 percent with the price slipping a bit during the week and
TOP 10 stocks are likely to deliver the best returns to March next year. Projected earnings, along with the PE ratio for each company’s current fiscal year are used in determining potential gains with the likely gains ranked in descending order with highest-ranked being the most attractive. 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.
Attention by investors seems set to be focused on


Projected earnings, along with the PE ratio for each company’s current fiscal year are used in determining potential gains with the likely gains ranked in descending order with highest-ranked being the most attractive. 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.
Proven Investments selling half of their holdings in Access Financial stock by way of a public offer, at an attractive price of $32 each. Market conditions resulted in just two changes to IC TOP 10 BUY RATED list as CAC 2000 returned to the top 10 Junior Market list, replacing Caribbean Cream and Scotia Group moved back into the main market listing at the expense of Seprod.
Radio Jamaica
Prices pulled back during the past week but the new IC TOP 10 BUY RATED main market stocks MPC Caribbean Energy surged to an all-time high of $153.06 and is still in the TOP 10 and seems poised to move higher with no sellers in sight.

The PE ratio for Junior Market Top 10 stocks averages 7.7 compared to 8.4 the previous week and the main market PE is now 10.5. These levels of PE ratios point to big upside for TOP 10 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.
The three most attractive Junior Market stocks are Caribbean Producers with projected gains of 233 percent, followed by Iron Rock with likely gains of 200 percent and General Accident with projected gains of 188 percent.
The main market closed the week with the overall PE of 18.3 and the Junior Market remains at 12.1 current year’s earnings. The PE ratio for Junior Market Top 10 stocks averages 8.4 and the main market PE is now 10.2. These levels, point to big upside for TOP 10 stocks to the end of March next year and Junior Market stocks in particular as they lag, the values of the main market by a third.
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.

The PE ratio for Junior Market Top 10 stocks averages 8.4 and the main market PE is now 10.5. These levels, point to big upside for TOP 10 stocks over the next 12 months and Junior Market stocks in particular as they lag, the values of the main market by a third.
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.


