The major change in IC Insider.com’s TOP 10 this pass week, is a sharp change in the stocks showing highest potential gains.
The three leading Junior Market stocks Last week, were Iron Rock with potential gains of 300 percent, Caribbean Producers 281 percent up from last week, as the stock slipped to $4.20 and Lasco Financial with potential gains of 211 percent. At the end of last week, the highest gains forecasted is down to 235 percent, with Caribbean Producers holding the top Junior Market spot.
Main Market stocks have gone in the opposite direction with a fall in the price of Sterling Investments to $3.50, the stock now boost potential to gains 186 percent, followed by Victoria Mutual investments with 156 percent likely gain and Radio Jamaica at 152 percent, being third.
The only change to the TOP 10 list is the exit of Lasco Manufacturing that rose to $3.60 on Friday, to be replaced by Caribbean Cream, that closed the week at $5.55.
The main market, closed the week with the overall PE at 13.6 and the Junior Market at just 10.4.
The PE ratio for Junior Market Top 10 stocks average 6.9 and the main market PE is now 8.4. These levels, point to the huge upside for the TOP 10 stocks over the next 12 months.
The TOP 10 stocks now trade at an average discount of 34 percent to the average for the Junior Market Top stocks and main market stocks trade at a discount of 38 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.
The main market of the Jamaica Stock Exchange in another drive to take out the record high of November last year closed March within 7,000 points of the record high.
Mayberry Jamaican Equities with 701,614 shares amounting to 13 percent of the overall volume.
$38.50, with 57,957 shares changing hands. Scotia Group climbed $1.80 trading 87,138 shares at $52.80, Seprod rose $1.29 to close at $43 in trading 49,920 shares, Sterling Investments lost 47 cents and concluded trading at $3.50, with 41,000 stock units. Supreme Ventures rose 49 cents to finish at $27.49, with an exchange of 173,445 units, Sygnus Credit Investments rose 80 cents with 24,000 units trading, to end at $12.30 and Wisynco Group gained 45 cents and ended trading of 58,584 shares to close at $11.95.
Jamaican stocks pulled in trading on the main market of the Jamaica Stock Exchange on Thursday with the market falling under 1,000 points was the volume and value declined sharply from Wednesday’s level.
$10,473,147 on the prior trading day. Trading for February resulted in an average of 281,016 shares with a value of $11,715,160, for each security traded.
Jamaica Producers rose 45 cents to close at $22, with 5,985 shares changing hands, Kingston Wharves fell $1 and finished at $71, with an exchange of 4,249 stock units. Mayberry Investments gained 88 cents trading 9,588 shares to close at $8.89, NCB Financial Group lost 75 cents trading 343,382 shares at $144.25, Proven Investments traded 100 units and rose $2 to end at $32, Sagicor Group lost $1.63 to settle at $38.02, with 92,585 shares changing hands. Sagicor Real Estate Fund traded 28,481 shares after rising 40 cents at $10.60, Scotia Group finished trading at $52.80, with 87,138 shares, Seprod fell $1.29 to close at $41.71 in trading 35,284 shares, Supreme Ventures lost 50 cents to finish at $27, with an exchange of 566,003 units and Sygnus Credit Investments lost 80 cents with 20,000 units trading, to end at $11.50.

hands, JMMB Group rose 99 cents trading of 342,433 shares to close at $31.99. Kingston Properties lost 60 cents to settle at $6, trading 1,673 units, Kingston Wharves jumped $1.99 and finished at $72, with an exchange of 80,966 stock units, Mayberry Investments lost 49 cents trading 287,560 shares to close at $8.01, NCB Financial Group gained 30 cents trading 416,046 shares at $145. Pulse Investments gained 49 cents to finish at $2.99, with 183,602 shares trading, Sagicor Group rose 65 cents to settle at $39.65, with 334,231 shares changing hands. Seprod fell 45 cents to close at $43 in trading 53,653 shares and Supreme Ventures rose $1.50 to finish at a 52 weeks’ closing high of $27.50, with an exchange of 945,125 units.
Trading on the main market of the Jamaica Stock Exchange ended on Tuesday with JSE All Jamaican Composite Index recovered 2,246.27 points it lost on Monday to reach 421,015.95 and the JSE Index regained 2,041.20 points to end at 383,583.75.
and Victoria Mutual Investments with 367,668 shares amounting to 10 percent of the overall volume.
50 cents to close at $55, with 41,992 shares changing hands. Grace Kennedy gained $1 trading 1,667,776 stock units, to close at $59, Jamaica Broilers climbed $1.89 and finished trading 4,783 units at $31.90, JMMB Group rose 98 cents trading of 57,316 shares to close at $31. Kingston Wharves jumped $5.01 and finished at $70.01, with an exchange of 2,179 stock units, NCB Financial Group lost 25 cents and ended trading 85,329 shares at $144.70, Sagicor Group lost 50 cents to settle at $39, with 10,211 shares changing hands. Scotia Group gained 80 cents, trading 1,672 shares, to close at $51, Supreme Ventures rose 50 cents to finish at a 52 weeks’ closing high of $26, with an exchange of 120,455 units.

148,197 stock units, PanJam Investment rose $1.60 to close at $81.70, trading 18,461 units, Sagicor Group lost 50 cents to settle at $39.50, with 64,710 shares changing hands. Salada Foods fell 95 cents in trading 2,529 units at $29.05, Scotia Group dropped $1.35 trading 34,493 shares, to close at $50.20, 

JMMB Group rose 37 cents in concluding trading of 25,478 shares at $31.37. Kingston Wharves dropped $2 and finished at $70, with an exchange of 2,518 stock units, Mayberry Investments lost 53 cents to end trading of 79,692 shares at $8.47, Mayberry Jamaica Equities traded 38,242 shares after rising by 55 cents to close at $10. PanJam Investment fell $1.60 to close at $80.10, trading 70,826 units, Sagicor Group gained 45 cents and settled at $40, with 18,955 shares changing hands, Scotia Group climbed $1.35 trading 1,148,109 shares to close at $51.55 and Sygnus Credit Investments fell $1.05 to close of $12.30, with 180,000 units changing hands.
Volume traded on the Jamaica Stock Exchange on Thursday dived sharply, to be well below normal levels, with just 1,589,969 units valued $46,193,207 crossing the market,
389,701 shares at $11,692,398 for each security traded, in contrast to 414,746 shares at $12,506,920 on the prior trading day. Trading for February resulted in an average of 281,016 shares with a value of $11,715,160, for each security traded.
concluding trading with 96,005 shares at $31, Mayberry Investments lost 50 cents to end trading of 21,120 shares at $9. PanJam Investment gained 70 cents to $81.70, trading 14,162 units, Portland JSX fell 99 cents in trading 4,991 stock units to close at $7.50, Proven Investments dropped $5 to $30 trading 26,000 shares, Pulse Investments fell 39 cents to $2.60, with an exchange of 81,700 stock units, Scotia Group lost 80 cents trading 11,974 shares to close at $50.20 and Supreme Ventures rose 30 cents and finished at record close of $25.30, with 221,684 units changing hands.
contrast to 389,292 shares at $5,984,735 on the prior trading day. Trading for February resulted in an average of 281,016 shares with a value of $11,715,160, for each security traded.
to close at $144.90. PanJam Investment gained 80 cents to $81, trading 5,113 units, Portland JSX gained 99 cents in trading 11,119 stock units to close at $8.49, Pulse Investments gained 49 cents to $2.99, with an exchange of 11,555 stock units, Sagicor Group lost 48 cents in trading 196,108 shares, to close at $39.52.
The volume of stocks traded on the main and US dollar markets of the Jamaica Stock Exchange on Tuesday rose over Monday’s level, with just a minimal decline in value as less securities were active.
50,869 units, Pulse Investments shed 50 cents and closed at $2.50, with an exchange of 497,091 stock units, Sagicor Group gained 50 cents in trading 27,458 shares, to close at $40. Scotia Group gained 75 cents in trading 1,049,510 stock units to close at $51 and Supreme Ventures concluded trading with a gain of 50 cents to end at $24.90, with 409,756 stock units changing hands.