Lasco Manufacturing trades 5.2m

Activity on the Junior Market closed with only 2 securities traded, ending with 5,209,400 units changing hands valued at $5,996,887. The JSE Junior Market Index declined 3.18 points to close at 716.65, with the price of 1 stocks advancing and none declining.
JM 12-3-15At the close of the market, there were 5 stocks with bids higher than their last selling prices and 2 with offers that were lower. The junior market ended with 3 securities closing with no bids to buy and 7 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Consolidated Bakeries concluding trading with just 800 shares at 90 cents and Lasco Manufacturing closed with 5,208,600 shares trading, the price rose 2 cents to $1.18.

3 junior market stocks trade Monday

On a slow trading day on the Jamaica Stock Exchange activity on the Junior Market closed with only 3 securities traded ending with 130,614 units changing hands valued at $841,521. The JSE Junior Market Index advanced 3.62 points to close at 710.54, with the price of 1 stock advancing and1 declining.
JM cl -9-3-15At the close of the market, there were 5 stocks with bids higher than their last selling prices and 2 with offers that were lower. The junior market ended with 3 securities closing with no bids to buy and 8 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Dolphin Cove closed at $9 after gaining 49 cents with 87,714 shares trading Lasco Distributors closed at $1.52 after losing 2 cents and trading 15,000 shares. The stock closed with no volume on offer and the bid at $1.52. Lasco Financial Services traded 27,900 units at $1.05.

Eppley’s Profit up 31%, Q4 flat

Eppley is reporting a miniscule increase in profit after tax to reach $11.4 million for the December quarter and a 31 percent increase, to $51 million for 2014.
Epp 12-14The company that mainly does insurance premium financing, generated a 62 percent increase in revenues for the quarter to reach $43.8 million and a 68 percent increase for the year, landed revenues at $150.7 million.
Expenses were climbing much faster than income, with interest cost climbing 196 percent in the quarter, hitting $16.9 million and 194 percent increase for the year to end at $48.7 million. The increase in interest cost squeezed margins on lending sharply as new funding received in the last quarter was only partially used to generate high yields. Administrative cost climbed 51 percent in the quarter and 50 percent for the year.
At year end, cash funds not fully deployed amounted to $519 million up from $161 million at the end of 2013. Borrowing stood at $1.08 billion and equity at $343 million. A significant part of borrowings is quasi equity, in the form of preference shares, moving borrowings from $395 million at the end of September to what it ended at, in December. Amounts lent out totalled $843 million, up from $595 million in 2013 and $689 million at the end of September.
With the increased funding, Eppley should be able to increase business in 2015 and with that profits, as such earnings could be in the range of $100 per share for 2015. Earnings per share for 2014 ended at $64.19.
The stock is thinly traded and listed on the Jamaica Stock Exchange junior market and last traded at $380.

Paramount at new high of $4

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Sika one of the brands tcarried by Paramount

Sika one of the brands tcarried by Paramount

Activity on the Junior Market closed with 7 securities traded, and ending with 124,770 units changing hands, valued at $269,308 while Paramount Trading ended at a new high of $4. The JSE Junior Market Index climbed 11.99 points to close at 725.69, with the prices of 2 stocks advancing and none declining.
At the close of the market, there were 5 stocks with bids higher than their last selling prices and 3 stocks with offers that were lower. The junior market ended with 5 securities closing with no bids to buy and there were 5 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Lasco Manufacturing closing with 20,000 shares as the price climbed 8 cents to $1.27,Paramount Trading ended trading with 10,000 shares while gaining 78 cents to close at an all-time high of $4, JM 16-2-15Blue Power ended trading with 2,350 shares trading at $6.50, Lasco Financial ending with 14,798 shares changing hands at $1.15, Derrimon Trading had 100 shares trading at $2.04, Eppley 9.5% preference shares closed with 10,000 shares changing hands to close $6 and General Accident ending with 67,522 shares trading at $1.65.

Caribbean Producers tops juniors

Caribbean Producers traded nearly 4.4 million shares and rose in trading on Wednesday. Mayberry Investment was the broker that did all the buying while Stocks & Securities did the bulk of the selling, except for two smaller trades, amounting to 143,000 units.
Jm 11-2-15Activity on the Junior Market closed with 6 securities traded ending with 5,082,755 units changing hands valued at $11,034,581. The JSE Junior Market Index declined 3.54 points to close at 706.43, with the prices of 3 stock advancing and 2 declining. At the close of the market, there were 4 stocks with bids higher than their last selling prices and only 1 stock with an offer that was lower. The junior market ended with 5 securities closing with no bids to buy and 7 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Caribbean Cream in trading 200 shares closed with a gain of 1 cent to 76 cents, Caribbean Producers finished with 4,393,426 units trading 10 cents higher to $2.30, Lasco Financial closed with 6,472 units and put on 5 cents to $1.10, Lasco Distributors closing with 5,310 shares trading at unchanged at $1.45, General Accident ended trading with 281,669 shares changing hands to close lower by 10 cents to $1.65 and Lasco Manufacturing closing with 395,678 units trading lower by 5 cents to $1.15.

4 junior market stocks rose Wednesday

Activity on the Junior Market closed with 7 securities trading and ending with 294,119 units valued at $359,476 changing hands. The JSE Junior Market Index gained 4.75 points to close at 703.36, with the prices of 4 advancing with 1 declining.
JM 4-2-15At the close of the market, there were 3 stocks with bids higher than their last selling prices and none with offers that were lower. The junior market ended with 4 securities closing with no bids to buy and there were 6 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Access Financial closing with 1,500 shares to end at $9.30 with an increase of 10 cents, Blue Power trading 7,500 shares to gain 10 cents to $6.50. Honey Bun closed with 6,000 units trading as the price rose 1 cents to $1.91, Lasco Distributors finished with 80,900 shares trading, rising 4 cents to $1.45.
Caribbean Cream closed with 183,600 units trading at 75 cents, Caribbean Producers finished with 13,119 units to close at $2.20 after shedding 10 cents Consolidated Bakeries closed with 1,500 units at 90 cents each.

Money coming for Access owners

AccessBuilding320pxAccess Financial Services declared an interim dividend of 18.21 cents per ordinary stock unit to be paid on March 20, 2015 to stockholders on record as at March 6. The stock will traded ex-dividend on March 4.
Access last paid an interim dividend of 36.5 cents on September 1. Prior to the 2014 payment Access also paid 31 cents per share on August 15, 2013. The high risk lender reported profit increasing by 20 percent to $239 million for the nine months to September, last year. Earnings per share amounted to 87 cents. Access is listed on the junior market of the Jamaica Stock Exchange and last traded at $9.20.

2 stocks rose 2 fell on junior market

Activity on the Junior Market closed with 8 securities traded, ending with 3,330,531 units valued at $4,414,484 changing hands. The JSE Junior Market Index declined 8.05 points to close at 676.03, with the price of 2 advancing and 2 declining.
JM 29-1-15At the close of the market, there were 6 stocks with bids higher than their last selling prices and 2 stocks with offers that were lower. The junior market ended with 6 securities closing with no bids to buy and there were 6 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Honey Bun, ending with 16,000 shares, climbed 5 cents to $2, Lasco Manufacturing in concluding transactions in 22,160 units trading, the price gained 2 cents to $1.20. Derrimon Trading closing with 217,196 units trading as the price slipped 5 cents to $2.05, Lasco Distributors closing with 267,000 shares trading lower by 12 cents at $1.18, Caribbean Cream closed with 2,760,000 shares changing hands at 75 cents, Caribbean Flavours ended trading, with 44,000 units at $2.20, Jamaican Teas debenture ended with 14,000 units trading at $100 and Knutsford Express finished with 4,175 units with the price falling $5.80.

Demand for some junior stocks, supply low

Trading activity on the Junior Market closed with only 5 securities trading and ended with 76,353 units valued at $161,387 changing hands. The JSE Junior Market Index rose 0.41 points to close at 693.11, with the price of 1 stock advancing and 2 declining.
JM cht 26-1-15At the close of the market, there were 6 stocks with bids higher than their last selling prices and only 1 with the offer that was lower. The junior market closed with 4 securities closing with no bids to buy and 6 securities that had no stocks being offered for sale.
At the close, Honey Bun traded 4,686 shares at $1.95, Knutsford Express Services closed with 15,000 shares trading, 5 cents lower at $5.80, Lasco Distributors ended trading with 14,569 units at $1.40, Lasco Financial Services closed with 37,098 shares changing hands while gaining 5 cents to $1.05 and Lasco Manufacturing lost 1 cent in trading 5,000 shares at $1.18.

Only 3 Junior market stocks traded Wednesday

Caribbean Producers price fell on Wednesday

Caribbean Producers price fell on Wednesday

Trading on the Junior Market closed with only 3 securities traded with 1 advancing and 1 declining to end with 131,269 units valued at $252,447 changing hands. The JSE Junior Market Index rose 6.54 points to close at 702.97, with the price advancing.
At the close of the market, there were 5 stocks with bids higher than their last selling prices and 1 with the offers lower. The junior market closed with 4 securities ending with no bids to buy and 5 securities that had no stocks being offered for sale.
Lasco Manufacturing closed at $1.20 with a gain of 4 cents as 45,204 shares changed hands, Dolphin Cove traded 1,500 shares to end at $8.50 and Caribbean Producers closed with 84,565 units trading at $2.11 with a fall of 4 cents.