Five consecutive days of record close, shook up IC Insider.com’s TOP 10 this past week, more shakeup seems possible with a raft of company results set for release, this week.
IC Insider’s long standing TOP 10 main market stock, Caribbean Cement jumped sharply during the week to record high of $100 before closing the week at $80, up $16.60 as investors reacted positively to the strong first quarter results. Sagicor Group rose to close the week at $46.50 and Sygnus Credit Investments moved to $12.50 at the close of the week and moved out of the TOP 10 main market. Jamaica Broilers, Berger Paints and Pulse Investments return to the main market TOP list.
The Junior Market TOP 10, said goodbye to Jamaican Teas that rose to $3.90 and Caribbean Cream. Caribbean Cream earnings for the 2019/20 fiscal year were down grade to 47 cents per share, following the release of 2019 audited financial results. ISP Finance returns to the TOP list after a long absence and AMG Packaging returned after a short time out.
The three leading Junior Market stocks for the coming week are, Elite Diagnostic with likely gains of 233 percent, followed by Lasco Financial with potential gains of 229 percent and Caribbean Producers with projected gains of 221 percent.
Radio Jamaica with potential gains of 175 percent takes over the leadership of main market stocks, from Victoria Mutual Investments with 150 percent likely gain, and now sits in third spot behind Sterling Investments with potential to gain 151 percent.
Wigton Windfarm, Jamaica’s latest initial public share offer, sits in at the 4 position on the main market stock list. The stock comes to the market at 50 cents per share and boast a PE of 8.3 times normalized earnings for the year to March 2019.
The main market, closed the week with the overall PE at 14.2 and the Junior Market at just 10.3. The PE ratio for Junior Market Top 10 stocks averages 6.6 and the main market PE is now 8.6. These levels, point to the huge upside for the TOP 10 stocks over the next 12 months and Junior Market stocks in particular.
The TOP 10 stocks now trade at an average discount of 36 percent to the average for the Junior Market Top stocks and main market stocks trade at a discount of 40 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns within a 12 months period. Projected earnings, for 
each company’s current fiscal year, are used in determining, the selected stocks. The PE for and projected earnings for each stock are computed to show potential gains for the year, which are ranked in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis as new information is received that can result in changes in and out of the list.
This report is compiled by persons who may have interest in the securities commented on.
roadworks around the area of their offices, could see this one being down in price for a while, until investors see it as just temporary. Everything Fresh makes it to the list in eight position and Jamaican Teas returns with the price hit down to $3 but closed with the bid at $3.50.
each company’s current fiscal year, are used in determining, the selected stocks. The PE for and projected earnings for each stock are computed to show potential gains for the year, which are ranked in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis as new information is received that can result in changes in and out of the list.
slipped in price to close the week at $59.75 and that was enough for it to edge its way back in the TOP main market stocks.
percent in the prior week and Sterling Investments with 150 percent.
projected earnings for each stock are computed to show potential gains for the year, which are ranked in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis as new information is received that can result in changes in and out of the list.
can be expected. The earnings downgrade moved the company to the 10th spot on the list.
TOP 10 stocks are likely to deliver the best returns within a 12 months period. Stocks are selected based on projected earnings for each company’s current fiscal year. Based on an assumed PE for each, the likely gains are determined and then ranked, with the stocks with the highest potential gains ranked first followed by the rest, in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis as new information is received that can result in changes in and out of the list.
211 percent rise in contrast to the stunning gains by Barita. Salada Foods ended the year with a jump in price to $35 on strong gains in profit, to capture the number 2 best performing spot rising by 211 percent for the year, followed by Palace Amusement with gains of 159 percent, the third year in a row that it is occupying the top 10 list. Kingston Wharves grew 135 percent to be one of 4 stocks to reappear in the top 10 for two consecutive years. Jamaica Broilers gained 67 percent. Pulse Investments reappeared in the Top 10 with a rise of 66 percent and heavy weight, PanJam Investment put in a strong showing of 65 percent, while Supreme Ventures chipped in with 57 percent, Mayberry Investments rose 52 percent and NCB Financial with 50 percent to retain one of the Top 10 spots for the second year in a row.
with most of the proceeds distributed as a dividend thus reducing the value of its assets to a few million dollars. 138 Student Living was next with a fall of 42 percent with Portland JSX ending with a loss for the year of 25 percent following on from Kingston Properties with 22 percent and Sygnus Credit Investments with 20 percent from it 2018 IPO price. Both Ciboney and Carreras that are in the top 10 worst performing stocks in 2018 are coming from the top 10 in 2017.
The big winners for the year to July are, 
The big losers in the main market are, 
The main market of the Jamaica Stock Exchange recovered the losses of the previous two days and added more to the indices in the process on Thursday as trading remains subdued with less than half the value traded on Wednesday. 
The day’s volume was led by, JMMB Group with 25.3 percent of trading in an exchange of 711,490 shares, followed by Ciboney Group with 687,852 units accounting for 24.5 percent of the day’s volume and JMMB Group 7.5% preference share with 500,000 shares or just under 18 percent.
Trading resulted in an average of 122,092 units valued at over $1,682,237, in contrast to 111,067 shares valued at $2,971,590 on Wednesday. The average volume and value for the month to date amounts 151,016 units valued at $2,952,092 compared to 152,906 units valued at $3,041,409 on Wednesday. June closed with an average of 250,168 shares with a value of $5,895,281, for each security traded.
The main market of the Jamaica Stock Exchange suffered more declines on Wednesday, following losses on Tuesday and the All Jamaican Composite Index lost 724.91 points to close at 336,508.12 and the JSE Index declined 660.48 points to 306,596.88. 
The day’s volume was led by, Caribbean Cement led with 37.64 percent of trading in an exchange of 1,003,349 shares, followed by 
In contrast to 108,945 units for an average of $3,151,917 on Tuesday. The average volume and value for the month to date amounts 152,906 units valued at $3,041,409 compared to 155,968 units valued at $3,046,939 on Tuesday. June closed with an average of 250,168 shares with a value of $5,895,281, for each security traded.
Trading picked up on the Jamaica Stock Exchange on Tuesday, compared to the very modest level on Monday. Trading ended with an exchange of 2,832,561 units valued at over $81,949,830 compared to a mere 1,455,806 units valued just $24,016,207 on Monday. 
June closed with an average of 250,168 shares with a value of $5,895,281, for each security traded.
The main market of the Jamaica Stock Exchange closed at a new record high on Tuesday to break into the 338,000 mark, for the first time, with the All Jamaican Composite Index climbing 820.63 points to a record 338,079.54 and the JSE Index rising 747.69 points to a record 308,028.64. 
The day’s volume was led by 
The average volume and value for the month to date amounts 175,865 units valued at $3,072,419 compared to 163,654 units valued at $2,946,511, on Monday. June closed with an average of 250,168 shares with a value of $5,895,281, for each security traded.
