Stocks mostly closed higher on the Jamaica Stock Exchange during the past week as Lasco Financial returns along with Caribbean Cement and Sagicor Group.
Leaving IC Insider TOP 10 at the end of the week are Everything Fresh, Jamaica Broilers and Sygnus Credit Investments.
Rising stock prices in the last week help in reducing the projected gains in to leading stocks compared to position at the end of the prior week. The three leading Junior Market stocks for the coming week are, Caribbean Producers with projected gains of 227 percent, followed by Iron Rock with likely gains of 213 percent and AMG Packaging with possible gains of 202 percent.
Sterling Investments with potential gains of 203 percent leads main market stocks, followed by Radio Jamaica with 150 percent and Berger Paints in third spot with the potential to gain 147 percent within twelve months.
The main market, closed the week with the overall PE at 14.8 and the Junior Market at 11.2.
The PE ratio for Junior Market Top 10 stocks averages 7.2 and the main market PE 8.8. These levels, point to a big upside for 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 41 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.

Carreras reported flat profits for the year to March resulting in downgrading of 2020 profits, with the stock no longer in the TOP 10, also leaving is Caribbean Cement with the price recovering during the week to close at $78, the two are replaced by Stanley Motta and Sygnus Credit Investments.
Sterling Investments with potential gains of 174 percent leads main market stocks, followed by Radio Jamaica with 159 percent and VM Investments in third spot with the potential to gain 141 percent within twelve months.

with possible gains of 210 percent. Of the three, Lasco Financial seems likely to break out after they release full year results later this week, but keep a keen eye on Lasco Manufacturing as well.
The main market, closed the week with the overall PE at 14.5 and the Junior Market at just 11.1. The PE ratio for Junior Market Top 10 stocks averages 7 and the main market PE 8.7. These levels, point to a big upside for TOP 10 stocks over the next 12 months and Junior Market stocks in particular.
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.

Lasco Financial with likely gains of 210 percent, followed by Iron Rock with potential gains of 208 percent. Of the three on Lasco Financial seems likely to break out after they release full year results later this month.

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. With the heavy oversubscription, the top investors will get just a fraction of what they applied for will certainly pushed the price higher when it lists and start trading.


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.

normalized earnings for the year to March 2019.
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.


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.
negative impact on stock prices as investors gather funds to invest in what is proving to be a very popular issue. Reports reaching this publication is that a number of brokerage houses saw heavy traffic of applicants to purchase
close of the previous week and Jamaican Teas closed at $4.05, up from the bid price of $3.50 to move out of the top tier of stocks.
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.