Medical Disposables

2 new junior market highs

June 23, 2015 by IC Insider.com

Dolphin Cove closed at a new high on Tuesday

Activity on the Junior Market closed with 11 securities trading and ended with 327,869 units changing hands valued at $2,114,887. The JSE Junior Market Index declined 1.84 points to close at 924.26, with the price of 2 stocks advancing, 2 declining with 2 closing at 52 weeks’ high.
At the close of the market, there were 7 stocks with bids higher than their last selling prices, 2 with lower offers and 4 securities closing with no bids to buy and 6 that had no stocks being offered for sale.
Stocks trading in the junior market are, AMG Packaging ending with 7,852 shares changing hands to close at $3.16. Blue Power closed with 1,141 shares trading $1.01 lower at $9.50, Cargo Handlers finished with 76,100 units to close with a gain of $1, to a new all-time high of $25,

Caribbean Cream with 24,200 shares traded lower by 10 cents to $1.60, Dolphin Cove trading 10,971 shares to closed higher by 8 cents at a new high of $12.58. Jamaican Teas ended with 52,591 shares changing hands, to close at $4, Knutsford Express closed at $6.10 while 1,697 shares changed hands. Lasco Distributors traded 107,536 shares to close at $1.65, there was dealing in 14,440 Lasco Manufacturing’s shares at $1.40, Medical Disposables contributed 7,031 shares with the price ending at $2.30 and Eppley 2019 preference share exchanged 24,310 units at $6.

Filed Under: JSE Junior Market, Stock Market Tagged With: AMG Packaging, Blue Power, Cargo Handlers, Daily Trading, Dolphin Cove, Eppley, Jamaican Teas, Knutsford Express, Lasco, Lasco Distributors, Lasco Manufacturing, Medical Disposables, Trading Activity

3 new highs for junior market

June 22, 2015 by IC Insider.com

Knutsford Express closed at a new all time high of $6.10 on Monday.

Stocks continue to trade higher on the Junior Market with 9 securities trading, and ended with 1,094,072 units changing hands valued at $2,303,628. The JSE Junior Market Index gained 7.84 points to close at 926.10, with the price of 6 stocks advancing, 1 declining with 3 closing at 52 weeks’ high.
At the close of the market, there were 4 stocks with bids higher than their last selling prices, 2 with lower offers and 5 securities closing with no bids to buy and 6 that had no stocks being offered for sale.
Stocks trading in the junior market are, Blue Power closing with 659 shares trading at $10.51, after being as high as $11.60 for a new 52 weeks’ high. Caribbean Cream finishing with 60,000 units to close with a gain of 10 cents at $1.70, Caribbean Flavours trading 200,000 shares and ended 25 cents higher at $2.55,

Dolphin Cove finishing trading with only 400 shares to gain 50 cents to end at a new 52 weeks’ high of $12.50. Knutsford Express closing with 829 shares changing hands, 5 cents higher at $6.10 for a new 52 weeks’ high, Lasco Financial Services finishing trading with 662,171 units. The price slipped 15 cents to $1.80 after trading as high as $2, Lasco Manufacturing had 38,773 shares changing hands at $1.40, Medical Disposables contributed 11,240 shares with the price rising 5 cents, to $2.30 and Derrimon Trading 11.75% preference ended trading with 120,000 units at $2.50.

Filed Under: JSE Junior Market, Stock Market Tagged With: Blue Power, Caribbean Flavours, Daily Trading, Derrimon Trading, Dolphin Cove, Jamaican Stock, Knutsford Express, Lasco, Lasco Financial Services, Lasco Manufacturing, Medical Disposables

Junior market trades up

June 17, 2015 by IC Insider.com

Blue Power gained $1 to close at $10.50

Trading on the Junior Market closed with 7 securities trading, resulting in 422,093 units changing hands valued at $977,423. The JSE Junior Market Index gained 3.94 points to close at 911.13, with the price of 4 stocks advancing, none declining and none closing at 52 weeks’ high or low.
At the close of the market, there were 7 stocks with bids higher than their last selling prices and only 3 with lower offers and with 4 securities closing with no bids to buy and 5 securities that had no stocks being offered for sale. The indicator is pointing to the strong probability of more stocks rising on Thursday that declining.

Stocks trading in the junior market are, AMG Packaging ending with 6,000 shares changing hands to close unchanged at $3.17, Blue Power closed with 2,000 shares trading at $10.50 to gain $1, Caribbean Producers ended with 116,590 shares trading to close at $3, but traded as low as $2.88. Lasco Distributors with 9,499 shares changing hands, closed unchanged at $1.60, Lasco Financial Services finished trading with 42,272 units, with the price inching up by 1 cent to $2. Lasco Manufacturing had 55,411 changing hands 2 cents higher to $1.32 and Medical Disposables contributed 190,321 shares with the price rising 2 cents, to $2.25.

Filed Under: JSE Junior Market, Stock Market Tagged With: AMG Packaging, Blue Power, Caribbean Producers (CPJ), Lasco, Lasco Distributors, Lasco Financial Services, Lasco Manufacturing, Medical Disposables

Are juniors set to rise Wednesday?

June 16, 2015 by IC Insider.com

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Trading on the Junior Market ended with 8 securities trading with 899,009 units changing hands valued at $1,684,866. The JSE Junior Market Index gained 3.51 points to close at 907.19, with the price of 1 stock advancing and 5 declining. No stock closed at 52 weeks’ high.
At the close of the market, there were 10 stocks with bids higher than their last selling prices and only 3 with lower offers, this suggest that advancing stocks should beat out declining ones on Wednesday. The junior market ended with 4 securities closing with no bids to buy and 9 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, AMG Packaging ending with 5,000 shares changing hands, to close 2 cents lower at $3.17. Caribbean Cream closing with 316,243 shares trading at $1.70 at the close, after shedding 30 cents, Jamaican Teas with 15,000 shares trading, ended at $3.52, Lasco Distributors trading 10,000 shares, 19 cents higher, at $1.60. Lasco Financial Services finished trading with 120,000 units and the price slipped 5 cents to $1.99, Lasco Manufacturing had 158,000 shares trading lower by 16 cents to $1.30, Medical Disposables had 274,266 shares changing hands at $2.20 for a loss of 10 cents and Paramount Trading ended trading with 600 shares at $5.

Filed Under: JSE Junior Market, Stock Market Tagged With: AMG Packaging, Jamaican Stock, Jamaican Teas, Lasco, Lasco Distributors, Lasco Financial Services, Lasco Manufacturing, Medical Disposables

Junior market slips slightly

June 15, 2015 by IC Insider.com

Cargo Handlers closed at a new high of $24 on Monday

Trading ended on the Junior Market with 9 securities trading, and ended with 1,636,539 units changing hands valued at $3,113,265. The JSE Junior Market Index 5 declined 3.65 points to close at 903.68, with the price of 5 stocks advancing and 3 declining with 2 closing at a 52 weeks’ high.
At the close of the market, there were 5 stocks with bids higher than their last selling prices and only 4 with lower offers. Trading ended with 4 securities closing with no bids to buy and 9 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Cargo Handlers traded at a new high of $24 with 1,415 units to gain 49 cents on Friday’s last sale price.

Caribbean Cream traded at a new all-time high of $2 but slipped back to $1.85 having traded 36,865 shares and closed with the offer at $1.80 to sell 100 shares. General Accident Insurance concluded trading with 106,178 shares changing hands to close 19 cents lower at $1.56, Jamaican Teas closed with only 2,070 shares trading at $3.52, for a 2 cents fall, Lasco Distributors traded 252,985 shares, 1 cent higher at $1.41, Lasco Financial Services finished trading with 1,202,900 units, the price gained 4 cents to $2.04. Lasco Manufacturing had trading in 23,584 shares to gain 1 cent to $1.46, Medical Disposables contributed 8,000 shares with the price rising 20 cents, to close at a 52 weeks’ high of $2.30 and Paramount Trading ended trading with 2,542 shares with a decline of 50 cents at $5.

Filed Under: JSE Junior Market, Stock Market Tagged With: Cargo Handlers, Daily Trading, General Accident, Jamaican Stock, Jamaican Teas, Lasco, Lasco Distributors, Lasco Financial Services, Lasco Manufacturing, Medical Disposables, Paramount Trading, Trading Activity

Record highs for junior stocks

June 11, 2015 by IC Insider.com

Lasco Financial closed at a new all-time high of $2.06.

Trading picked up on the Junior Market with 7 securities trading, and ended with 874,808 units changing hands valued at $2,003,620. The JSE Junior Market Index lost 1.92 points to close at 932.77, with the prices of 3 stocks advancing, 2 declining, 3 closing at 52 weeks’ high and one at a low. Paramount Trading hit a new high of $6.10 during trading but closed back at Wednesday’s last traded price of $5.50.
At the close of the market, there was 1 stock with the bid higher than the last selling price and 3 with lower offers. The junior market ended with 4 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 traded with 100,000 units changing hands, 10 cents higher, at $1.75 for a new all-time high. KLE Group with 15,000 shares trading closed 5 cents lower at new low of 70 cents,

Lasco Distributors with 131,195 shares trading, lost 5 cents in closing at $1.05, Lasco Financial Services finished trading with 350,600 units, closed with a gain of 8 cents to new a new 52 weeks’ high of $2.06, making it the first of the three Lasco companies to break the $2 barrier although it was the last of the three to really shot up. Lasco Manufacturing end with 73,470 shares trading at $1.50, Medical Disposables traded 95,000 shares to end at a new 52 weeks’ high of $2.10 after adding 10 cents and Paramount Trading ended trading with 109,543 shares to end at $5.50, after trading as high as $6.10. At the close, Access Financial seems set to fall with an offer at $15.54 to sell 15,000 units well below the last traded price of $16.75.

Filed Under: JSE Junior Market, Stock Market Tagged With: Daily Trading, Lasco, Lasco Distributors, Lasco Financial Services, Lasco Manufacturing, Medical Disposables, Paramount Trading, Trading Activity

All-time high of 900 for Junior Market

June 3, 2015 by IC Insider.com

Lasco Financial Services stock closed at a new high of $1.81 on Thursday.

Trading picked up on the Junior market with 11 securities trading and ended with 1,082,691 units changing hands valued at $ 4,067,238. The JSE Junior Market Index gained 12.28 points to close at an all-time high of 900.75, with the price of 7 stocks advancing and 1 declining and 4 closing at 52 weeks’ high.
At the close of the market, there were 6 stocks with bids higher than their last selling prices and only 2 with lower offers. The junior market ended with 3 securities closing with no bids to buy and 9 securities that had no stocks being offered for sale.
In trading ended with three stocks closing at 52 weeks’ highs while, Access Financial traded just 350 units at $17 but the offer closed at $16.98. Cargo Handlers finished trading with 102,900 units, to close with a gain of 19 cents at a new all-time high of $22.48, the stock closed with a bid at $23 to purchase 100,000 units, Caribbean Cream ended with 237,955 units trading at a new 52 weeks’ high of $2.35. Caribbean Flavours ending with 155,333 shares at $2.08 to gain 8 cents, Caribbean Producers with only 9,671 shares trading lower by 2 cents to $2.78, General

Accident Insurance concluded trading with 24,200 shares changing hands to close at $2, Lasco Distributors traded 73,366 shares, 4 cents higher at $1.70, Lasco Financial Services finished trading with 277,000 units, the price rose 16 cents to $1.81, for a new all-time high. There was dealing in 43,000 Lasco Manufacturing’s shares as the stock closed unchanged at $1.40, Medical Disposables contributed 143,000 shares with the price rising 5 cents, to $2, Paramount Trading ended with 15,916 shares to increase of 2 cents to $3.97.

Filed Under: JSE Junior Market, Stock Market Tagged With: Cargo Handlers, Caribbean Flavours, Caribbean Producers (CPJ), General Accident, JSE Company, Lasco, Lasco Distributors, Lasco Manufacturing, Medical Disposables

Buy Rated blooming

June 1, 2015 by IC Insider.com

Hardware & Lumber with its Rapid True Value retail arm gained 291% since place on BUY RATED list

Last year was not a great year for IC Insider Buy Rated stocks but quite a number did well, particularly those of the junior market. The same can’t be said for 2015, except in the case of Trinidad stocks that are under pressure mostly from flat earnings and rising interest rates in that country.
Trinidadian stocks have hardly gone anywhere the Jamaican ones are soaring after a long period of drought. There are three triple winners in the main Jamaican market including Hardware and lumber that is up 291 percent since we selected it as Buy Rated. Interestingly, they are no losing stocks in this market. The junior stocks have erased most of the losses suffered earlier and now only two stocks record any losses. Technical indicators are pointing to

the Jamaican rally continuing for the rest of the year with lower inflation and interest rates coupled with continued strong profit gains. Trinidad stocks will continue to be under pressure but there are a few severely undervalued ones in that market that could post decent gains in the months ahead.
Access still has further to go as the future looks good for growth in profits but the price of the stock could be trading around current levels for some time but there is limited volumes available, this one becomes a longer term buy with the price where is currently lies. Caribbean Cream and Paramount seems to have quite some gains to deliver in the months ahead as improving results encourage investors to buy into the growth prospects. Lasco Financial could be going anywhere with Mayberry buying 20 percent and buying more in the market of a stock with limited float and Medical Disposables has good potential to deliver a decent gain.
The main market may have had lots of gains so far but there is much more to come from even some of the top performers such as Jamaica Stock Exchange, National Commercial Bank, Caribbean Cement and Carreras to name a few. Over in Trinidad, Guardian Holdings is undervalued but National Flour is severely undervalued, Trinidad Cement is a huge buy with much upside potential especially with debt restructuring leading to lower interest cost and lower energy cost in Jamaica and Barbados.

Filed Under: Buy Rated Tagged With: Caribbean Cement, Carreras, Guardian Holdings, Hardware and Lumber, Jamaica Stock Exchange, JSE Company, Lasco, Lasco Financial, Mayberry, Medical Disposables, National Flour, NCB, Paramount, Trinidad Cement

Juniors closed at new high

May 13, 2015 by IC Insider.com

At the end of trading on Wednesday the Junior Market index had its third consecutive day of rising prices, to end at a new record of 868.99, at 8.03 points ahead of Tuesday’s record close. With 10 securities trading, the market ended with 707,451 units changing hands valued at $2,938,261. The JSE Junior Market close with the price of 5 stocks advancing and 1 declining including 1 closing at a 52 weeks’ high.
At the close, there were 3 stocks with bids higher than their last selling prices and only 1 with a lower offer, this is an early sign that investors may be cooling their aggressive stance in picking up stocks. 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, Cargo Handlers having 10,000 shares trading to close at $22.08, Caribbean Cream closed with 1,495,613 shares trading at $1.05, Caribbean Producers with 147,200 shares trading at $2.88, General Accident Insurance concluded trading with 86,000 shares changing hands to close 10 cents higher at a new 52 weeks’ high of $2.15. Honey Bun ended with 10,800 shares changing hands to close higher by 20 cents at $2.90, Jamaican Teas ended trading with 5,000 shares after adding 15 cents to end at $2.90, Lasco Distributors finished trading with 11,219 shares to closed at $1.70, Lasco Financial Services finished trading with 89,336 units, the price rose 8 cents to $1.45. There was dealing in 212,781 Lasco Manufacturing’s shares, the stock traded lower by 5 cents to $1.35 and Medical Disposables contributed 31,415 shares with the price remaining unchanged at $1.80.

Filed Under: Feature Stories, JSE Junior Market Tagged With: Cargo Handlers, Caribbean Producers (CPJ), Daily Trading, General Accident, Honey Bun, Jamaican Stock, Jamaican Teas, Lasco, Lasco Distributors, Lasco Financial Services, Lasco Manufacturing, Medical Disposables

New record close for junior market

May 11, 2015 by IC Insider.com

The junior market closed at a new all-time high, after Lasco Distributors shot up to close at $1.70, a new 52 weeks high. A total of 10 securities traded ending with 200,026 units changing hands valued at $378,709. The JSE Junior Market Index advanced by 7.47 points to close at 844.30, surpassing the previous high of 840.18 reached on July 9, 2013.
The market closed with the price of 5 stocks advancing and 2 declining and 3 closing at 52 weeks’ high. At the close of the market, there were 4 stocks with bids higher than their last selling prices and only 3 with lower offers. The junior market ended with 3 securities closing with no bids to buy and 6 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Access Financial ending with only 200 shares changing hands to close unchanged at $15.10, after almost doubling pretax profit for the March Quarter.
Cargo Handlers finished with 600 units to close at $22, Caribbean Flavours with 4,750 shares trading closed 12 cents higher at $2, Dolphin Cove finished trading with 300 shares to close 20 cents higher at a new 52 weeks’ high of $10.20. Jamaican Teas concluded trading with 26,442 shares changing hands to close 4 cents higher at $2.65. Lasco Distributors traded 5,000 shares trading, 20 cents higher, at a new 52 weeks’ high of $1.70, Lasco Financial Services finished trading 36,575 units, the price rose 10 cents to $1.40. There was dealing in 8,840 Lasco Manufacturing’s shares as the stock traded lower by 1 cent to $1.34, Medical Disposables contributed 8,000 shares with the price falling 10 cents, to $1.80 and Eppley 9.5% preference share closed trading with 5,000 units at $6.01.