Kintyre atop as ICTOP10 stocks gain


The two major markets of the Jamaica Stock Exchange delivered some Christmas gains over the past two weeks, with the Main Market Index climbing 1,653 points and the Junior Market rallying 40 points. The ICTOP10 stocks recorded mostly gains over the period.

Kintyre Holdings declined from the last report to as low as 39 cents, but strong buying in the stock pushed it back up to 54 cents by the close of the week. The stock holds the number one position in the TOP10, with considerable room to run, according to ICInsider’s earnings this yearprojection of 20 cents per share.

Access Financial jumped 19 percent to $18.79, Jetcon Corporation rose 17 percent to $1.51, MFS Partners rallied 14 percent to 40 cents, while Express Catering dived 17 percent to $2.40. In the Main Market, ICTOP10, Margaritaville climbed 21 percent to $14, NCB Financial rose 11 percent to $41.80, while Sygnus Credit Investment fell 12 percent to $11.65.
Falling out of the Junior Market TOP10 are Caribbean Flavours and Elite Diagnostic, and were replaced by AMG Packaging and Iron Rock Insurance.
In the Main Market ICTOP10, 138 Student Living dropped out and was replaced by Caribbean Producers.

Kintyre doubled in price during December, leading the Junior Market list with potential gains of 567 percent, with Express Catering collapsing to $2.40 this week, with a potential to gain 313 percent. Sygnus Credit Investments leads in the Main Market with a potential gain of 444 percent, followed by Innovative Energy, 435 percent and JMMB Group, 400 percent.
The average PE for the JSE Main Market ICTOP 10 is 4.7, less than half of the market average of 13.6 and shows the potential gains of the TOP10 listings.
The Junior Market TOP10 is 7, just above half the market’s average of 13.6.
ICTOP10 focuses on likely yearly winners. The list includes some of the best as well as newer companies that have not been tested over time.  ICInsider.com ranks companies based on projected earnings for easy investment decision-making.
IC TOP10 stocks that will likely deliver the best returns are ranked in order of potential gains, computed using projected earnings, allowing investors to focus on the most undervalued companies when making investment decisions.
IC TOP10 stocks are likely to deliver the best returns around May 2026 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate, resulting in weekly movements in and out of the lists. Earning revisions are ongoing, based on the receipt of new information.

Persons who compiled this report may have an interest in securities commented on in this report.

104% surge in ICTOP10 stock in a week


ICTOP10 listing, Kintyre Holdings dominated trading on the Junior Market of the Jamaica Stock Exchange in the past week, with the price closing up 104 percent for the week to a 52 weeks high of 60 cents. Investors reacted to the posting of a huge increase in profits of $62 million for the September quarter, with earnings per share of 11 cents and profit of $78 million for the year to September, resulting in 14 cents earnings per share.

With the above gains, the stock sits at the number two position in the TOP10 chart, with more room to run, with ICInsider’s projection of 20 cents per share for earnings this year.
In the Junior Market TOP10, Caribbean Flavours climbed 18 percent to $1.94, followed by Spur Tree Spices, gaining 14 percent to $1.14 and Caribbean Cream rose 10 percent to $2.32. Jetcon Corporation, with a solid rebound in profits this year to September, dropped 14 percent to $1.29.
Caribbean Flavours dropped out of the Junior Market TOP10, allowing AMG Packaging to return to the list after a long absence.
Stanley Motta dropped 11 percent but fell out of the Main Market ICTOP10, with Berger Paints returning after a long absence, based on an increase in projected earnings. Guardian Holdings declined 9 percent to $335 and JMMB Group rallied 9 percent to $18.49.
The average PE for the JSE Main Market ICTOP 10 is 4.5, less than half of the market average of 13 and shows the potential gains of the TOP10 listings.
The Junior Market TOP10 is 6.7, just above half the market’s average of 13.6.
ICTOP10 focuses on likely yearly winners. The list includes some of the best as well as newer companies that have not been tested over time. ICInsider.com ranks companies based on projected earnings for easy investment decision-making.
IC TOP10 stocks that will likely deliver the best returns are ranked in order of potential gains, computed using projected earnings, allowing investors to focus on the most undervalued companies in making investment decisions.
IC TOP10 stocks are likely to deliver the best returns around May 2026 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate, resulting in weekly movements in and out of the lists. Earning revisions are ongoing, based on receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.

Mostly losses for ICTOP10 Junior Market stocks


Over the past few weeks, investors placed bets on the impact the damage Hurricane Melissa would have on stocks, pushing some stocks higher and others lower, while the vast majority remained unmoved.

The Junior Market ICTOP10 had a torrid period since late October, with nine stocks falling and none rising. Elite Diagnostics lead the list with a fall of 21 percent. Caribbean Assurance Brokers, is down just 3 percent, Consolidated Bakeries and Medical Disposables declined by 10 percent and fell out of the TOP10, following downward revisions to earnings following the release of third quarter results. The TOP10 charts list the other losers.
Coming into the Junior Market TOP10 are Caribbean Flavours, Dolla Financial and Spur Tree Spices.
The biggest movers in the Main Market ICTOP10 are TransJamaican Highway that rose 13 percent and VM Investments, down 13 percent.
Caribbean Producers, TransJamaican Highway, along with Scotia Group and VM Investments fell out of the Main Market TOP10, with JMMB Group, Jamaica Broilers, along with the private creditor Sygnus Credit Investments  and Stanly Motta joining the TOP10.
The average PE for the JSE Main Market ICTOP 10 is 4.8, well below the market average of 13.3 and the Junior Market TOP10 stands at 6.8, just above half the market’s average of 12.9.

ICTOP10 Elite jumps 41%, Express 36%


The ICTOP10 returns after a break since the end of July, with Elite Diagnostic jumping sharply along with Express Catering and Consolidated Bakeries. A lot has happened since, with the Junior Market index slipping 1.3 percent to 3,464 points and the JSE Main Index climbed a B 5 percent over the same period. Six of the Junior Market ICTOP10 stocks posted solid gains ranging from 8 percent to 41 percent, one remained firm and three declined.

The Junior Market ICTOP10, Elite Diagnostic jumped 41 percent to $1.91, Consolidated Bakeries and Express Catering delivered gains of 36 percent to end at $1.70 and $3,65, respectively. Kintyre Holdings popped 30 percent to 30 cents, and Medical Disposables rallied 15 percent to end at  $1.72.
NCB Financial is the leading Main Market ICTOP10, rising stock, up a solid 31 percent as it closed the week at $41.40, up from $31.50 at the end of July. Guardian Holdings follows with a gain of 24 percent to $382, while VM Investments rose 17 percent to $2.31. TransJamaican Highway rose 15 percent to end the week at $4.24.
Dolla Financial lost ground and fell out, making space for Jetcon Corporation to enter the TOP 10. There were no changes to the Main Market ICTOP 10.
Indicators of potential gains for the market show, the average PE for the JSE Main Market ICTOP 10 is 5.8, well below the market average of 13.5 and shows 18 stocks, with the highest values accounting for 35 percent of the market, with PE ratios of 15 to 40. The average PE for half of the market with the highest values is 20.
The Junior Market TOP10 stands at 6, well below half the market’s average of 13, with 19 stocks representing 40 percent of the market having PEs ranging from 16 to 38, with an average of 20 and 18 for half of the market, with the highest PEs.
ICTOP10 focuses on likely yearly winners. The list includes some of the best as well as newer companies that have not been tested over time. ICInsider.com ranks companies based on projected earnings for easy assessment in making investment decisions.
IC TOP10 stocks that will likely deliver the best returns are ranked in order of potential gains, computed using projected earnings, allowing investors to focus on the most undervalued companies when making investment decisions.
IC TOP10 stocks will likely deliver the best returns on or around May 2026 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate, resulting in weekly movements in and out of the lists. Earning revisions are ongoing, based on the receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.

New low for ICTOP10 NCB, Kintyre dips 21%  


ICTOP10 returns after a brief break, with NCB Financial, dropping to a multi-year low of $29 during the past week but closed the period down 7 percent to $31.5, but, Margaritaville fell 20 percent in the Main Market ICTOP10, while Kintyre Holdings dropped 21 percent to 23 cents and Consolidated Bakeries fell 20 percent to $1.25 in the Junior Market ICTOP10.

The Junior Market ICTOP10 AMG Packaging climbed 15 percent to $2.58, with Dolla Financial rising 6 percent to $2.69, followed by Jetcon Corporation, with a fall of 19 percent down to $1.70 and Elite Diagnostic with a loss of 11 percent to end at $1.35.
The Main Market listed 138 Student Living rose 10 percent to $4, Margarittaville dropped 20 percent to $10.22 and QWI Investments dipped 6 percent to 73 cents.
AMG Packaging and Jetcon Corporation dropped out of the Junior Market ICITOP10, with Access Financial and Caribbean Cream replacing them. There were no changes to the Main Market ICTOP 10 nor the All JSE Markets ICTOP10.
The average PE for the JSE Main Market ICTOP 10 is 5.6, well below the market average of 13.6 and shows 15 stocks, with the highest values accounting for 29 percent of the market, with PE ratios of 15 to 43. The average PE for the market is 24 and 20 for the half with the highest values.
The Junior Market TOP10 stands at 4.6, well below half the market’s average of 13.8, with 20 stocks representing 42 percent of the market having PEs ranging from 15 to 42, with an average of 22 and 20 for half of the market, with the highest PEs.
ICTOP10 focuses on likely yearly winners. The list includes some of the best as well as newer companies that have not been tested over time. ICInsider.com ranks companies based on projected earnings for easy assessment of companies in making investment decisions.
IC TOP10 stocks that will likely deliver the best returns are ranked in order of potential gains, computed using projected earnings, allowing investors to focus on the most undervalued companies when making investment decisions.
IC TOP10 stocks will likely deliver the best returns on or around May 2026 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate, resulting in weekly movements in and out of the lists. Earning revisions are ongoing, based on the receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.

ICTOP10’s NCB & MFS drop 17%  


The big news this week in the ICTOP10 is the 17 percent drop in the price of NCB Financial, to a multi year low of $34, to be the number two listing in the Main Market ICTOP10 and Access Financial jumping 12 percent to close at $19.20 and falling out of the Junior Market ICTOP10.

The Junior Market ICTOP10, Dolla Financial, closed 5 percent higher to $2.54, with MFS Partners dropping 17 percent to 38 cents, followed by Elite Diagnostic with a loss of 7 percent to end at $1.51, Consolidated Bakeries lost 5 percent to $1.51 and Caribbean Assurance Brokers declined by 5 percent to $1.99. Main Market stocks ended 138 Student Living falling 13 percent to $3.65 and Innovative Energy slipping 5 percent to $1.21. QWI Investments, up just 3 percent, was the biggest winner.
Despite climbing 17 percent during the week, Jetcon Corporation made it into the Junior Market ICITOP10 with an earnings forecast of 35 cents. Express Catering dropped out of the All JSE Markets ICTOP10 and is replaced by Consolidated Bakeries.
The average PE for the JSE Main Market ICTOP 10 is 5.6, well below the market average of 13.4 and shows 15 stocks with the highest values, accounting for 29 percent of the market, with PE ratios of 15 to 40. The average PE for the market is 24 and 20 for the half with the highest values.
The Junior Market TOP10 stands at 4.8, well below half the market’s average of 13.4, with 18 stocks representing 38 percent of the market having PEs ranging from 15 to 40, with an average of 22 and 19 for half of the market, with the highest PEs.
ICTOP10 focuses on likely yearly winners. The list includes some of the best as well as newer companies that have not been tested over time. ICInsider.com ranks companies based on projected earnings for easy assessment of companies in making investment decisions.
IC TOP10 stocks that will likely deliver the best returns are ranked in order of potential gains, computed using projected earnings, allowing investors to focus on the most undervalued companies when making investment decisions.
IC TOP10 stocks that will likely deliver the best returns are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate, resulting in weekly movements in and out of the lists. Earnings revisions are ongoing, based on the receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.

 ICTOP10’s Medical Disposables climbs 14%


In the ICTOP10 this past week, no Main Market stock ended with a price movement of more than three percent. The Junior Market ICTOP10 ended with prices of just two declining, while Medical Disposables, the top performer, jumped 14 percent.

In the ICTOP10, MFS Partners rallied 10 percent to close at 46 cents, followed by Elite Diagnostic after gaining of 8 percent to finish at $1.62, Kintyre Holdings added 7 percent to end at 29 cents and Consolidated Bakeries rose 5 percent to $1.65. Dolla Financial declined by 5 percent to $2.41. There are no new companies in this week’s listings.
The average PE for the JSE Main Market ICTOP 10 is 5.9, well below the market average of 13.6. The Junior Market TOP10 stands at 6, well below half the market’s average of 14.5.
In the Main Market, ICTOP10, 15 stocks with the highest values account for 29 percent of the market, with PE ratios of 15 to 40. The average PE for the market is 24 and 20 for the half with the highest values.
In the Junior Market IC TOP10, 22 stocks representing 46 percent of the market have PEs ranging from 15 to 39, with an average of 21 and 20 for half of the market, with the highest PEs.
ICTOP10 focuses on likely yearly winners. The list includes some of the best as well as newer companies that have not time tested. ICInsider.com ranks companies based on projected earnings for easy assessment in making investment decisions.
IC TOP10 stocks that will likely deliver the best returns are ranked in order of potential gains, computed using projected earnings, allowing investors to focus on the most undervalued companies when making investment decisions.
IC TOP10 stocks that will likely deliver the best returns are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate, resulting in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on the receipt of new information.
Persons who compiled this report may have an interest in the securities commented on in this report.

Purity jumps 54% back into ICTOP10


The Junior Market’s Consolidated Bakeries surged 54 percent during the week in recovering from a big fall in the prior week, with investors responding to the company returning to profit in the March quarter following a loss in the 2024 fiscal year.

The Junior Market ICTOP10 ended with 6 stocks rising and only one declining. The Main Market ICTOP 10 ended with four stocks rising and only one declining.
In the Main market, Margaritaville climbed 7 percent to $13.20, 138 Student Living, popped 6 percent to $4.27, followed by QWI Investments, up 4 percent to 78 cents and NCB Financial lost 7 percent to close at a 52 week low of $40.
In the Junior Market, Expres Catering rose 8 percent to $2.69, Dolla Financial rallied 3 percent to $2.55 and Kintyre Holdings, the only loser, shed 7 percent to end at 27 cents.
The Junior Market IC TOP10 saw two additions, following the updated earnings for Consolidated Bakeries, with the stock jumping 54 percent during the week. This follows the first quarter results that resulted in updated earnings of 30 cents per share for 2025 and Medical Disposables makes it with updated projection of 45 cents per share, following B revenue growth and profits in the March quarter. Image Plus and Cargo Handlers dropped out of the Junior Market list. There are no new listings in the Main and the All JSE ICTOP10 for the week.
The average PE for the JSE Main Market ICTOP 10 is just 5.8, well below the market average of 13.6. The Junior Market TOP10 stands at 5, well below half the market’s average of 13.9.
In the Main Market, ICTOP10, 15 stocks with the highest values account for 29 percent of the market, with PE ratios of 15 to 43. The average PE for the market is 24 and 20 for the half with the highest values.
In the Junior Market IC TOP10, 22 stocks representing 46 percent of the market have PEs ranging from 15 to 39, with an average of 21 and 20 for half of the market, with the highest PEs.
ICTOP10 focuses on likely yearly winners. The list includes some of the best as well as newer companies that have not time tested.  ICInsider.com ranks companies based on projected earnings, for easy assessment of companies in making investment decisions.
IC TOP10 stocks will likely deliver the best returns are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate, resulting in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on the receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.

Declines for ICTOP10 stocks


The Main Market’s Margaritaville jumped 17 percent this past week to close at $12.36 after falling 25 percent in the previous week. All other ICTOP10 stocks declined or closed relatively stable.

At the close of the week, the Main Market TOP10, Caribbean Producers declined by 11 percent to $8.02, Guardian Holdings lost 10 percent to end at $318 and VVM Investments declined by 7 percent to $2. In the Junior Market, Kintyre Holdings fell 10 percent to 27 cents, Access financials dropped 8 percent to $15.51, Limners & Bards lost 6 percent to $1.15, Image Plus declined by 5 percent to 95 cents and Elite Diagnostic slipped 4 percent to $1.20. In the All JSE ICTOP10 listings, Caribbean Producers replaced 138 Student Living.
Limners & Bards fell out of the IC Junior Market TOP10 and is replaced by Cargo Handlers.
The average PE for the JSE Main Market ICTOP 10 is just 5.6, well below the market average of 13.4. The Junior Market TOP10 stands at 5.8, less than half the market’s average of 14.5.
In the Main Market, ICTOP10, 15 stocks with the highest values, account for 29 percent of the Main Market, with PE ratios between 15 and 41, with an average of 24 and a PE of 20 for the top half of the market with the highest values.
In the Junior Market IC TOP10, 20 stocks or 42 percent of the market have PEs ranging from 15 to 39, with an average of 22 and a PE of 22 for half of the market with the highest PEs.
ICTOP10 focuses on likely yearly winners. The list includes some of the best companies in the market and others that are not as fancy. Sometimes, weaker companies may be oversold and end up on the list.  ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued companies and reduce emotions when making investment decisions.
IC TOP10 stocks will likely deliver the best returns are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate, resulting in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on the receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.

MFS Partners leaps in ICTOP10


The Junior Market ICTOP10 has two new listings since ICInsider.com’s report two weeks ago, with MFS Partners and Caribbean Assurance Brokers, moving into the Junior Market TOP10, following a period with some sharp movements in the Jamaica stock market and the top 10 listings.

AMG Packaging declined 14 percent, Elite Diagnostic dived 13 percent, Dolla Financial dropped 12 percent and Express Catering slipped 5 percent. Following the solid increase of 176 percent in the first quarter profit, Caribbean Flavours jumped sharply by 29 percent, followed by Kintyre Holdings, up 6 percent and Iron Rock Insurance with a gain of 5 percent.
Trading in the Main Market IC TOP 10 was steadier than the Junior Market, Margaritaville rising 14 percent, Guardian Holdings climbing 12 percent and Scotia Group rising 8 percent. 138 Student Living lost 9 percent, following a 36 percent fall in profit reported in the March quarter, Caribbean Producers and NCB Financial fell 6 percent each, even as the former reported a meaningful 20 percent increase in first quarter earnings.
The Junior Market had two new listings in the ICTOP10, following the falling out of Caribbean Flavours and Iron Rock Insurance. In the All JSE ICTOP10 listings, Express Catering and Scotia Group were replaced by Caribbean Assurance Brokers and MFS Partners.
The average PE for the JSE Main Market ICTOP 10 is just 5.5, well below the market average of 13.3. The Junior Market TOP10 stands at 5.9, less than half the market’s average of 13.5.
In the Main Market, ICTOP10 are 16 stocks with the highest values, accounting for 31 percent of the Main Market, with PE ratios between 15 and 43, with an average of 21 and a PE of 18 for the top half of the market with the highest values.
In the Junior Market IC TOP10, 16 stocks or 33 percent of the market have PEs ranging from 15 to 30, with an average of 21 and a PE of 19 for half of the market with the highest PEs.
ICTOP10 focuses on likely yearly winners. The list includes some of the best companies in the market and others that are not blue chip. Sometimes, they include weaker companies that may be oversold and end up on the list. ICInsider.com ranks stocks are based on projected earnings, allowing investors to focus on the most undervalued stocks and remove emotions when selecting stocks for investments.
IC TOP10 stocks that will likely deliver the best returns are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate, resulting in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on the receipt of new information.

Persons who compiled this report may have an interest in securities commented on in this report