Related party sells 40m Derrimon shares

Derrimon dominant shareholder sold off big block of shares.

Derrimon dominant shareholder sold off big block of shares.

Derrimon Trading Company ended with 40,051,505 shares valued at $155 million changing hands in only 7 lots, to close at a new closing high of $3.80 after gaining 1 cent.
Information is that a former shareholder acquired 40 million shares from a connected party. The only connected parties with that amount of shares, are Derrick Cotterell with 110,000,000 and Monique Cotterell with 40,000,000. Monica Bell mother to Derrick Cotterell also owns 40,000,000 shares or just under 14.6 percent of the issued ordinary shares, but she is not listed as a director of the company but would be regarded as a connected party.
The junior market closed on Thursday with 12 securities trading of which 7 advanced and 2 declined and 3 closed at new 52 weeks’ high. The junior market index gained 9.08 points to 1,636.95 with 43,233,932 units, valued at $166,308,887 changing hands.
At the close there was 1 security ending with no bid to buy and 7 securities had no stocks being offered for sale. A total of 5 stocks closed with bids higher than their last traded prices while one closed with a lower offer.
In trading, Access Financial Services closed with a gain of 9 cents at $14.11 with 2,000 units changing hands, AMG Packaging traded 24,074 units at $7 but traded at a new high of $7.50 in the morning session. Caribbean Cream closed at $3.27 to gain 47 cents with only 3,000 units changing hands. The stock closed with a bid to buy 40,000 units at $3.50 after attempts were made to trade over 1 million shares at $3.80. The trades were cancelled as the price would exceed 15 percent permitted for the day, with less than an hour of trading remaining, to allow for the unfreezing of the stock. JM - Trde Sht 17-12-15Caribbean Flavours rose 3 cents with 22,345 shares changing hands at a new 52 weeks’ high of $9 after hitting $9.30 earlier, General Accident ended with 62,300 shares changing hands at $1.94, for a loss of 10 cents, KLE Group traded at a new 52 weeks’ high of $1 after gaining a5 cents with 3,000 shares changing hands. Lasco Distributors closed with 206,600 shares changing hands at $4.35 after falling by 20 cents, Lasco Financial closed at $3, with 204,662 shares changing hands, Lasco Manufacturing gained 1 cent and closed at $3.31, with 2,652,146 shares trading. Paramount Trading ended with 2,000 shares changing hands at $9 and Eppley 10% preference share, ended with 300 units changing hands at $6.02.

Junior market rises on Wednesday

Caribbean Flavours hit a new high of $9 on Wednesday

Caribbean Flavours hit a new high of $9 on Wednesday

Activity in the junior market ended on Wednesday with 10 securities trading of with 6 advanced and 3 declined. The junior market index gained 26.54 points to 1,627.87 with 2,721,358 units, valued at $9,118,051 changing hands.
At the close there was 1 security ending with no bid to buy and 8 securities had no stocks being offered for sale. A total of 7 stocks closed with bids higher than their last traded prices while none closed with a lower offer.
In trading, Access Financial traded 1,010 units at $14.02, to record a gain of 1 cent, Caribbean Flavours jumped 90 cents with 21,250 shares changing hands at a new 52 weeks’ high of $9, Caribbean Producers lost 35 cents in trading 18,509 units, to close at $4.25. General Accident ended with 1,000 shares changing hands at $2.04, for a gain of 13 cents, Knutsford Express climbed 80 cents to $11.30 with 5,267 shares changing hands. JM - Trde Sht 16-12-15Lasco Distributors closed with 17,050 shares changing hands at $4.55 after rising by 5 cents, Lasco Financial fell 10 cents ended at $3, with 97,827 shares changing hands. Lasco Manufacturing (LASM) gained 25 cents and closed at $3.30, with 2,553,756 shares trading. At the close the overhand of 2,536,706 units of LASM offered for sale at $3.30 by Stocks and Securities as broker for a client was cleared. Medical Disposables lost 30 cents and ended with 5,000 shares changing hands at $3.25 and Eppley 10% preference share, ended with 689 units changing hands at $6.02.

Junior market falls on Tuesday

Derrimon traded at a new high on Tuesday.

Derrimon traded at a new high on Tuesday.

Activity in the junior market ended on Tuesday with active 11 securities trading of with 2 stocks advanced and 6 declined. The junior market index dropped 27.31 points to 1,601.33 with 2,228,207 units, valued at $ 10,171,098 changing hands.
At the close there was 1 security ending with no bid to buy and 7 securities had no stocks being offered for sale. A total of 5 stocks closed with bids higher than their last traded prices while none closed with a lower offer.
In trading, C2W Music traded 77,500 units at 38 cents, to record a loss of 1 cent, Caribbean Cream dropped by $1 end with 20,000 shares changing hands at $2.80, Caribbean Producers lost 40 cents in trading 417,144 units, to close at $4.60. Derrimon Trading ended with 103,946 shares changing hands at a new 52 weeks’ high of $3.79, for a gain of 1 cent, Dolphin Cove jumped to $17 with a rise of $1 to close at a new high with only 300 shares changing hands. Jamaican Teas traded just 301 units but lost 3 cents to end at $4.47. JM - Trde Sht 15-12-15r Lasco Distributors closed with 105,588 shares changing hands at $4.50, Lasco Financial fell 2 cents ended at $3.10, with 67,081 shares changing hands. Lasco Manufacturing (LASM) lost 5 cents and closed at $3.05, with 1,079,240 shares trading. At the close there were 2,536,706 units of LASM offered for sale at $3.30 by Stocks and Securities as broker for a client. Derrimon Trading preference share lost 5 cents and ended with 350,000 shares changing hands at $2.15, Eppley cumulative preference share 2019, ended with 7,407 units changing hands at $6.08 after falling 1 cent and Jamaican Teas debenture traded 30,000 units at $100 each.

8 junior stocks rose on Monday

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Dolphin Cove closed at a new high of $17 on Monday's .

Dolphin Cove closed at a new high of $17 on Monday’s .

Activity in the junior market rose on Monday from the Friday’s low level and ended with active 13 securities of with 8 stocks advanced and none declined. The junior market index dropped 20 points to 1,628.64 with 3,859,529 units, valued at $20,386,711 changing hands.
At the close there was 1 security ending with no bid to buy and 8 securities had no stocks being offered for sale. A total of 4 stocks closed with bids higher than their last traded prices while none closed with a lower offer.
In trading, AMG Packaging traded 662 units at $7 for the first time, to record an increase of $1, Cargo Handlers closed at $36 while 110 units changed hands, Caribbean Cream ended with 5,288 shares changing hands at $3.80, to gain 40 cents, Consolidated Bakeries gained 4 cents in trading 30,000 units and closed at $1.10 after trading at $1.17. Derrimon Trading ended with 1,015,290 shares changing hands at a new 52 weeks’ high of $3.78, for a gain of 12 cents, Dolphin Cove jumped to $17 with a rise of $1 to close at a new high with only 300 shares changing hands. KLE Group traded 10,000 units after rising 10 cents to 85 cents, Knutsford Express ended at $10.50 with 989,069 shares changing hands after the price high an all-time high of $11.30 earlier in the day.JM Trde Sht 14-12-15 Lasco Distributors closed with 67,426 shares changing hands at $4.50, the price rose to a new 52 weeks’ intraday high of $4.65, Lasco Financial rose 2 cents ended at $3.12, with 33,060 shares changing hands. Lasco Manufacturing (LASM) rose 11 cents and closed at $3.10, with 1,534,857 shares trading. At the close there were 2,536,706 units of LASM offered for sale by Stocks and Securities as broker for a client at $3.30 and Eppley cumulative preference share 2019, ended with 5,000 units changing hands at $6.08 after falling 1 cent.

Trading picks up for juniors – Thursday

Caribbean Flavours hit a high of $8.10 on Thursday

Caribbean Flavours hit a high of $8.10 on Thursday

Activity in the junior market rose on Thursday from the Wednesday’s low level and ended with active 13 securities of with 5 stocks advanced and 6 declined. The junior market index ended with an increase of 2.25 points to 1,643.83 with 3,281,706 units, valued at $10,311,911 changing hands.
At the close there was 1 security ending with no bid to buy and 6 securities had no stocks being offered for sale. A total of 3 stocks closed with bids higher than their last traded prices while none closed with a lower offer.
In trading, Caribbean Cream gained 2 cents while trading 192,500 units to end at $3.40, Caribbean Flavours traded 1,550 units at a new 52 weeks’ high of $8.10 by adding 90 cents, Caribbean Producers traded 42,978 units as the price fell 5 cents to end at $5.25, Consolidated Bakeries fell 24 cents trading 695,535 shares at $1.06. General Accident Insurance fell 8 cents, in trading 11,802 units, at $1.92, Honey Bun gained 10 cents with 1,000 shares changing hands and closed at a 52 weeks’ high of $5.95.JM - Trde Sht 10-12-15 Jamaican Teas had 76,295 shares trading to close with a loss of 40 cents at $4.50, Lasco Distributors closed with 765,536 shares changing hands at $4.30, Lasco Financial ended at $3, with 741,400 shares changing hands. Lasco Manufacturing lost 11 cents and closed at $3.51, with 680,796 shares trading, Medical Disposables closed at $3.40 with 250,000 shares trading as the price declined by 13 cents, Paramount Trading ended with 6,000 shares changing hands at $8.96 and Derrimon Trading preference share ended with 64,000 shares changing hands to end at $2.10.

Juniors up on low volume – Wednesday

JM Sign build Activity in the junior market declined on Wednesday from the higher levels seen over the last few trading session as 8 securities were active, ending with 1 stock advancing and 2 declining. Junior market index ended with an increase of 18.43 points to 1,641.58 with 1,378,773 units, valued at $4,830,892 changing hands.
At the close there was 1 security ending with no bid to buy and 6 securities had no stocks being offered for sale. A total of 4 stocks closed with bids higher than the last traded prices and 1 closed with a lower offer.
In trading, Access Financial ended with a gain of 39 cents at $14 with 1,500 shares JM Trde Sht 9-12-15trading, C2W Music had 2,200 shares trading at 39 cents, Caribbean Cream dropped 4 cents while trading 80,000 units to end at $3.38, Caribbean Producers traded 45,182 units as the price fell 30 cents to end at $5.30. KLE Group ended with 25,975 units trading at 75 cents, Lasco Distributors closed with 185,802 shares changing hands, at $4.30, Lasco Financial ended at $3, with 357,318 shares changing hands and Lasco Manufacturing lost 11 cents and closed at $3.51, with 680,796 shares trading.

4 new highs for Junior market – Tuesday

Derrimon hits a new high in fairly heavy trading in the stock on Tuesday.

Derrimon hits a new high in fairly heavy trading in the stock on Tuesday.

Activity in the junior market saw the ordinary shares of Derrimon Trading enjoying another day of high volume on Tuesday, with the largest block of shares, accounting for 3,331,784 units valued at $11,661,789. The price gained 2 cents to end at a 52 weeks’ high $3.52.
The traded volume in the stock is down compared to 5,881,908 units, valued at $20,586,056 that changed hands on Monday.
Overall, trading ended with a meagre increase of 0.36 points in the junior market index to 1,623.15 as 15 active securities ended with 9 stocks advancing and 2 declining with 5,858,828 units, valued at $21,128,004 changing hands.
At the close there was 1 security ending with no bid to buy and 8 securities had no stocks being offered for sale. A total of 3 stocks closed with bids higher than the last traded prices and 2 closed with lower offers. Four stocks closed at 52 weeks’ high in the junior market.
In trading, AMG Packaging ended 5 cents lower at $6 with 31,600 shares trading, Caribbean Cream dropped 59 cents while trading 1,024,584 units to end at $3.42, Caribbean Flavours traded 5,599 units at a new 52 weeks’ high of $7.20 by adding 10 cents, Caribbean Producers traded 719,587 units to end at $5.60. Consolidated Bakeries ended with 127,708 shares changing hands to settle at $1.30 for a 7 cents rise, General Accident had 84,168 units trading and closed with a rise of 4 cents at $2, Honey Bun traded at a 52 weeks’ high of $5.85 with 5,348 shares to close with a gain of 4 cents.JM Trde Sht 8-12-15 Knutsford Express ended 60 cents higher, at a 52 weeks’ high of $10.50 with 400 shares changing hands, KLE Group ended with 25,000 units trading with a rise of 2 cents at 75 cents, Lasco Distributors gained 18 cents and closed with 78,051 shares changing hands, at $4.30, Lasco Financial ended at $3, with 345,682 shares changing hands. Lasco Manufacturing added 22 cents and closed at $3.62, with 70,117 shares trading, Medical Disposables price rose 1 cent to close at $3.53 with 8,500 shares trading and Paramount Trading ended with 700 shares changing hands at $8.96.

Buoyant junior market on Thursday

Lasco Distributors traded by far the highest volume on Thursday

Lasco Distributors traded by far the highest volume on Thursday

Activity in the junior market stocks was buoyant on Thursday with 15 active securities ended with 5 stocks advancing and 3 declining with 3,209,610 units, valued at $13,281,430 changing hands. Trading ended with a rise of 7.63 points in the index to 1,597.35.
At the close there was 1 security ending with no bid to buy and 8 securities had no stocks being offered for sale. A total of 7 stocks closed with bids higher than the last traded prices and none closed with lower offers.
In trading, Access Financial Services ended with a bid to purchase 140,570 shares at $14 compared to the last traded price of $13.61, there was no trading in the stock on Thursday. AMG Packaging ended with 31,668 units changing hands at $6.05, Caribbean Cream lost 30 cents while trading 70,000 units to end at $4.10, Caribbean Producers rose by 10 cents, in trading 327,996 units to end at $5.60. Consolidated Bakeries ended with 74,323 shares changing hands to settle at $1.23, Derrimon Trading ended with 1,950 shares changing hands and closed at $3.45, Dolphin Cove had 99,951 units trading to settle 23 cents higher at $16.03, General Accident ended with 50723 shares changing hands at $1.95. JM - Trde Sht 3-12-15Jamaican Teas had 37,970 shares trading to close with a loss of 10 cents at $4.90, KLE Group ended with 70,000 units at 73 cents, Knutsford Express traded lost 10 cents in trading 14,700 units of $9.90, Lasco Distributors gained 4 cents and closed with 1,370,075 shares changing hands at $4.10. Lasco Financial ended with a gain of 1 cent to close at $3.01 with 523,151 shares changing hands, Lasco Manufacturing gained 20 cents and closed at $3.50 with 454,659 shares trading, Sweet River closed at $3.95 with only 444 shares trading and Derrimon Trading preference share ended with 82,000 units changing hands at $2.10.

Juniors Index slips on Tuesday

Knutsford Express ended at a new all-time high of $10

Knutsford Express ended at a new all-time high of $10

More junior market stocks declined on Tuesday and those that rose with 14 active securities. Trading ended with 4 stocks advancing and 6 declining with 819,214 units, valued at $5,604,327 changing hands. Trading ended with a fall of 18.79 points rise in the index to 1,619.67. The market ended with 2 new 52 weeks’ closing highs.
The signs are pointing to prices heading mostly higher, with a tight supply of stocks being dominant in this market. At the close there was 1 security ending with no bid to buy and 7 securities had no stocks being offered for sale. A total of 5 stocks closed with bids higher than the last traded prices and none closed with a lower offer.
In trading, AMG Packaging ended with 23,528 units changing hands at $6, C2W Music traded 2,500 units at 38 cents, Caribbean Cream ended with 1,000 shares changing hands at $4.40, Caribbean Flavours gained 3 cents while trading 15,000 units to end at a 52 weeks’ high at $6.78, Caribbean Producers lost 30 cents, in trading 53,102 units to end at $5.60. Consolidated Bakeries ended with a loss of 7 cents while trading 10,000 shares to settle at $1.23, Dolphin Cove had 584 units trading with a loss of 20 cents, to settle at $15.80, JM - Trade Sheet-12-15General Accident ended with 10,000 shares changing hands and closed at $1.99. Jamaican Teas had 3,671 shares trading to close of 5 cents with a gat $5.05, KLE Group ended with 73,026 units with a decline of 2 cents at 73 cents, Knutsford Express traded 13,000 units and gained $1 to end at a 52 weeks’ high of $10. Lasco Distributors closed with 125,457 shares changing hands, to end with a gain of 4 cents at $4.09, Lasco Financial ended at $2.92, with 38,200 shares changing hands after losing 3 cents and Lasco Manufacturing fell 38 cents to $3.30 with 450,146 shares trading.

Junior index up Monday but…

Caribbean Flavours' produce with ingredients - the stock closed at a new high.

Caribbean Flavours’ produce with ingredients – the stock closed at a new high on Monday.

More junior market stocks declined on Monday and those that rose with 11 active securities. Trading ended with 3 stocks advancing and 4 declining with a 1,885,473 units, valued at $5,604,327 changing hands. Trading ended with a 12.45 points rise in the index to 1,638.46. The market ended with 2 new 52 weeks’ closing highs.
The signs are pointing to prices heading mostly higher, with a tight supply of stocks being dominant in this market. At the close, there was only 1 security ending with no bid to buy and 11 securities had no stocks being offered for sale. A total of 5 stocks closed with bids higher than the last traded prices and one closed with a lower offer.
In trading, C2W Music ended with 1,600 units changing hands at 38 cents, Caribbean Flavours gained 28 cents while trading 16,512 units to end at a 52 weeks’ high at $6.75, Caribbean Producers gained 10 cents, in trading 44,922 units to end at $5.80 for a 52 weeks’ closing high, Consolidated Bakeries ended trading with 30,192 shares at $1.30. JM - Trade 30-11-15General Accident ended with 504,997 shares changing hands and closed at $1.99 after declining by 1 cent, KLE Group ended with 24,467 units with a gain of 5 cents at 75 cents, Knutsford Express traded 500 units at $9. Lasco Distributors closed with 622,630 shares changing hands, to end at $4.05, Lasco Financial ended at $2.95, with 76,650 shares changing hands after losing 5 cents. Lasco Manufacturing fell 3 cents to $3.68 with 163,003 shares trading and Derrimon Trading preference share ended with 400,000 units changing hands with a loss of 10 cents at $2.10.