Juniors slip with 2 stocks up 2 down

The junior market closed on Wednesday with the index slipping by just 0.63 points to 980.32 and a total of 2 stocks advancing, 2 declining as 7 securities traded. The market ended with 1,114,636 units, valued at $2,408,864 changing hands.
JM - Trade Sht 30-9-15At the close 4 securities ended with no bids to buy, while 8 had no stocks being offered for sale. A total of 5 stocks closed with bids higher than the last traded prices and 2 closed with lower offers.
In trading, General Accident Insurance ended with 54,405 units changing hands at $1.50, in the process added 3 cents. Honey Bun with 19,883 shares changing hands, closed unchanged at $4.28, Jamaican Teas traded 54,925 units to end at $3.10 but after losing 12 cents. Lasco Distributors with 146,290 units trading, ended with unchanged at $2, Lasco Financial had 3,850 shares changing hands, ended at $1.61, Lasco Manufacturing with 335,283 shares trading, closed at $2.05 with a gain of 5 cents and Derrimon Trading preference share ended with 500,000 shares changing hands to end at $2.20 down 5 cents.

Juniors move up on Tuesday

stocks The junior market closed on Tuesday with the index rising 12.09 points to 980.95 and a total of 4 stocks advancing, 4 declining as 12 securities traded. The market ended with 241,772 units, valued at $747,229 changing hands.
At the close 4 securities ended with no bids to buy, while 9 had no stocks being offered for sale. A total of 4 stocks closed with bids higher than the last traded prices and 2 closed with lower offers.
In trading, AMG Packaging closed at $3.65, with 5,100 units changing hands, Blue Power traded 2,000 shares and lost 50 cents to close at $13.20, Consolidated Bakeries traded 40,000 shares and declined by 20 cents to end at $1. General Accident Insurance traded 20228 units at $1.47 in the process lost 3 cents. Honey Bun with 26,827 shares changing JM - Trade Sht 29-9-15hands and closed unchanged at $4.28, Jamaican Teas traded 500 units at $3.22 and added 2 cents, Lasco Distributors with 17,240 units trading, ended with a unchanged at $2, Lasco Financial had 46,336 shares changing hands, ended at $1.61 after losing 14 cents. Lasco Manufacturing with 25,350 shares trading, closed at $2 with a gain of 1 cent, Paramount Trading ended with 16,782 shares changing hands and gained 9 cents to be at $5.90, Eppley cumulative preference share 2019, ended with 8,209 units changing hands, 2 cents higher, at $6.07 and Eppley 9.5% preference share, ended with 33,200 units changing hands at $6.01.

5 junior stocks rise 1 fall on Friday

JSE sign The junior market ended on Friday with the index rising 5.71 points to 965.51 with indications below showing that Monday should be another day of more stocks rising than declining. A total of 5 stocks advanced, 1 declined with 6 securities trading. The market ended with 1,524,288 units, valued at $3.455 million changing hands.
The market ended with 3 securities with no bids to buy, while 9 had no stocks being offered for sale. A total of 9 stocks closed with bids higher than the last traded prices and 4 closed with lower offers.
In trading, Caribbean Cream traded 20,000 shares and gained 9 cents to close at $1.80, Dolphin Cove traded 4,000 shares at $11.50, General Accident Insurance traded 24,000 units at $1.50 to gain 3 cents,JM - Trade Sht 25-9-15r Lasco Financial with 85,750 shares changing hands ended at $1.80. Lasco Manufacturing with 306,414 shares trading closed at $2.05 with a gain of 9 cents, Medical Disposables traded 621,144 shares to close unchanged at $2.50 and Derrimon Trading preference share ended with 463,000 shares changing hands to end at $2.23. The usual trading data was not available after the close on Friday as such the volumes on the bid and offers are for the most part those at 11 am on Friday morning.

Juniors close Thursday on strong note

Lasco Distributors" hot new "I Cool" drink could help light up the stock on Friday.

Lasco Distributors” hot new “I Cool” drink could help light up the stock on Friday.

The junior market ended on Thursday with a positive outlook for Fridays trading. At the close the index rose 9.32 points to 959.80. A total of 2 stocks advanced, 2 declined with 6 securities trading. The market ended with only 88,394 units, valued at a mere $353,465 changing hands.
The market ended with 3 securities with no bids to buy, while 8 had no stocks being offered for sale. A total of 8 stocks closed with bids higher than the last traded prices and 4 closed with lower offers.
In trading, AMG Packaging closed at $3.60 as 36,280 units changed hands, C2W Music had 3,700 units changing hands unchanged at 39 cents, Honey Bun had 2,054 shares trading with a fall of 2 cents to close at $4.28, Lasco Financial with 3,250 shares changing hands rose 6 cents to end at $1.61. Lasco Manufacturing with 15,000 shares trading closed at $1.96 and Eppley cumulative preference share 2019, ended with 31,700 units changing hands at $6.01.
A number of IC Insider BUY RATED stocks are in demand and seems poised to rise these include, Caribbean Cream did not trade but ended with bids in to buy 588,536 shares at $1.68 and JM - Trade Sheet 24-9-15support down to $1.65 with 215,000 shares and with offers for 20,000 units at $2 and between $2.05 and $3 a total of 186,000 shares. Lasco Distributors closed with the offer at $1.98 to buy 12,000 shares by Mayberry Investments for a client, more than the last selling price of $1.84, below that offer, is one for only 4,500 units at $1.90 and 250,000 units at $1.86. There are 4 offers, ranging between $2.03 and $2.05 for a total of 503,000 shares. Lasco Manufacturing has a bid at $2 for a small amount and 321,191 at $1.90, there are 5 offers ranging from $2.05 with 752,000 units and 34,000 units at $2.05 and 17,200 shares at $2.80.

4 junior stocks gain on Tuesday

Stocks The junior market ended on Tuesday with the index falling marginally by 0.60 points to close at 950.33. A total of 4 stocks advanced, none declined with a total of 9 securities trading. The market ended with 772,681 units, valued at $1,436,470 changing hands.
The market ended with 4 securities with no bids to buy, while 7 had no stocks being offered for sale. A total of 7 stocks closed with bids higher than the last traded prices and 2 closed with lower offers.
Stocks trading are, Caribbean Cream ended with 185,000 shares changing hands at $1.71, as the price rose 6 cents, Caribbean Producers traded 23,000 units to close at $2.35, General Accident trading 26,621 sharesCargo Handlers with 550 shares changing hands ended at $31, JM - Trade Sht 22-9-15 to end at $1.46 with a 1 cent rise. Honey Bun had 10,000 shares trading with an increase of 28 cents to close at a 52 weeks’ high of $4.28, Knutsford Express had 8,000 shares changing hands at $6.10, Lasco Distributors with 115,800 shares trading, closed at $1.84 after rising by 2 cents. Lasco Financial ended with 174,000 shares changing hands for a decline of at $1.55, Lasco Manufacturing with 229,630 shares trading closed at $1.90.

6 juniors stocks fall on Monday

JSE sign The junior market ended on Monday with Caribbean Producers trading over 2 million shares to be the dominant trade. The market closed with the index falling 6.93 points to close at 950.93 as no stock advanced and 6 declined with a total of 8 securities trading. The market ended with 1,136,645 units, valued at $2,179,387 changing hands.
The market ended with 6 securities with no bids to buy, while 7 had no stocks being offered for sale. A total of 5 stocks closed with bids higher than the last traded prices and 2 closed with lower offers.
Stocks trading are, AMG Packaging with 250 shares changing hands at $3.65 while losing 15 JM - Trade 21-9-15cents, Caribbean Cream ending with 440,000 shares changing hands at $1.65, as the price slipped 2 cents, General Accident trading 44,495 shares to end at $1.45, Lasco Distributors with 45,000 shares trading, closed at $1.82 after dropping 13 cents. Lasco Financial ended with 9,600 shares changing hands for a decline of 5 cents at $1.55, Lasco Manufacturing fell 6 cents with 91,400 shares trading at $1.90, Paramount Trading lost 19 cents in trading 900 units in ending at $5.81 and Derrimon Trading 11.75% preference share traded 505,000 units at a 52 weeks’ low of $2.20 after dropping 19 cents.

Stacking up Barita’s stock recommendations?

Pan Jam is the top selection

Pan Jam is the top selection

Thought some listings on the JSE are up in price significantly, we see opportunities for significant capital appreciation at this point in a number of stocks, a recent buy and sell recommendation by the Barita Investments said.
“Many are trading at attractive levels with trading ratios of 6-8 times price to earnings, creating a potentially good entry point in the long term, we favour companies with strategic plans to diversify their revenue streams outside of our local economy along with a return on equity that outpaces inflation”, the Barita Investments stock market outlook went on to state. Barita also states that their analysis of 10 years of price data for a number of stocks show that October, to January is the strongest period for the JSE as such, buying before that time is a wise strategy. Those findings coincides with the IC Insider’s research that shows the market predominantly, starts rallying around June to July most years and peaks in mid-May the following year.
IC Insider picked 10 stocks from Mayberry Investments’ daily recommendations along with their PE ratios to see how they matched up with that of Barita’s and listed IC Insider’s top buys as well. Barita’s recommendation report was dated September 11 while Mayberry’s recommendations were published between the September 11 and 18. Barita did not state the PE ratio for their selections but quoted prices, presumable to buy or sell at. A number of the sell recommendation stocks have risen in price since.
BILMIL-9-15rvIC Insider picked 11 stocks from Mayberry Investments’ daily recommendations along with their PE ratios to see how they matched up with that of Barita’s and listed IC Insider’s top buys as well. Barita’s recommendation report was dated September 11 while Mayberry’s recommendations were published between the September 11 and 18. Barita did not state the PE ratio for their selections but quoted prices, presumable to buy at. Based on feed-back obtained from Sean Taylor, Business Development Manager at Barita, what appeared to be sell recommendations, were in fact a part of the listing of stocks to buy.One selection Pan Jamaican is common to all three while 5 stocks are picked by 2 of the 3 these are National Commercial Bank, Caribbean Cream, Caribbean Flavours, Paramount Trading and Supreme Ventures.

Carib Producers dominates juniors – Friday

CPJ dominates junior market trading

CPJ dominates junior market trading

The junior market ended on Friday with Caribbean Producers trading over 2 million shares to be the dominant trade. The market closed with the index barely rising with just 0.61 points to close at 957.86 as the prices of 3 stocks advanced and 2 declined with a total of 11 securities trading. The market ended with 3,428,036 units, valued at $7,336,878 changing hands.
At the close, there are signs that the supply of junior market stocks is on the decline with demand slowly rising, indicators that prices should be rising for a number of stocks while those declining should be less. The market ended with 4 securities with no bids to buy, while 8 had no stocks being offered for sale. A total of 6 stocks closed with bids higher than the last traded prices and 2 closed with lower offers.
Stocks trading are, Access Financial with 1,545 shares changing hands at $12.50 while gaining 30 cents, Caribbean Cream ending with 60,000 shares changing hands at $1.67 to gain JM - Trade Sht 18-9-152 cents, Caribbean Producers trading 2,169,800 units to close at $2.35, Consolidated Bakeries traded 2,000 shares at $1.20 Derrimon Trading ended with 32,000 shares changing hands, to end at $2.30. Dolphin Cove trading 6,556 units at $11.50. General Accident trading 38,054 shares to end at $1.45, Jamaican Teas with 46,241 shares trading, to close at $3.50, Lasco Financial ended with 990,914 shares changing hands for a decline of 10 cents to $1.60, Lasco Manufacturing fell 4 cents with 80,726 shares trading at $1.96 and Paramount Trading gained 25 cents in trading 200 units in ending at $6.

5 junior stocks rose 1 fell

stks The junior market ended on Wednesday with the market index rising 13.81 points to close at 957.25 as the prices of 5 stocks advanced and 1 declined with a total of 7 securities trading. The market ended with 471,580 units, valued at $669,146 changing hands.
At the close, there are signs that the supply of junior market stocks is on the decline with demand slowly rising, indicators that prices should be rising for a number of stocks while those declining should be less. The market ended with 4 securities with no bids to buy, while 10 had no stocks being offered for sale. A total of 6 stocks closed with bids JM - Trade Sht 17-9-15higher than the last traded prices and 4 closed with lower offers.
Stocks trading are, Caribbean Producers trading 700 units to close at $2.35 with an increase of 7 cents. Dolphin Cove trading 4,400 units at $11.50 while losing 50 cents. Honey Bun traded just 6,230 shares to end at $4.08, KLE Group traded 200,000 shares at 50 cents, Lasco Distributors rose 25 cents with 64,305 units changing hands, to close at $1.95, Lasco Financial ended with 36,795 shares changing hands for a rise of 6 cents to $1.70 and Lasco Manufacturing gained 11 cents with 159,150 shares trading at $2.

Supply falling for junior stocks

Bottle heating machine at Lasco Manufacturing. The company traded 2.16m shares on Wednesday.

Bottle heating machine at Lasco Manufacturing. The company traded 2.16m shares on Wednesday.

The junior market lost ground on Wednesday with the market index falling 11.18 points to close at 943.44 as the prices of 3 stock advanced and 3 declined with a total of 8 securities trading. The market ended with 4,924,401 units, valued at $10,624,381 changing hands.
At the close, there are signs that the supply of junior market stocks is on the decline with demand slowly rising, indicators that prices should be rising for a number of stocks while those declining should be less. The market ended with 3 securities with no bids to buy, while 9 had no stocks being offered for sale. A total of 8 stocks closed with bids higher than the last traded prices and 1 closed with a lower offer.
Stocks trading are, Access Financial closing with a rise of 20 cents to end at $12.20 with 255 units changing hands, AMG Packaging closing with a gain of 15 cents at $3.80 with 33,300 units changing hands, Caribbean Producers trading 1,397,823 units to close at $2.28 with a loss of 10 cents. JM - Trade Sheet 16-9-15The stock traded as high as $2.47 in the morning session. Dolphin Cove traded 85,333 units at $12 while gaining 80 cents, General Accident traded just 38,580 shares to end at $1.45, Lasco Distributors fell 10 cents with 486,695 units changing hands at $1.70, Lasco Financial ended with 718,305 shares changing hands for a fall of 6 cents at $1.64 and Lasco Manufacturing had 2,167,110 shares trading at $1.89 after trading at $2 earlier in the day.