Falling stocks hit the Junior Market


Declining stocks beat out winners 2-to-1 after trading closed on the Junior Market of the Jamaica Stock Exchange on Monday. Similar to Friday trading took place in 44 securities and ended, with prices of 11 rising, 22 declining and 11 closing unchanged. The volume of stocks traded declined by 47 percent, 10,605,060 shares, from 19,975,126 units with 52 percent lower value of $12,956,913, in tumbling at $26,872,353 on Friday.

The market closed with trading of an average of 241,024 shares at $294,475, after declining from 453,980 stock units at $610,735 on Friday. Trading for the month to date, averages 441,577 units at $544,959, just below 454,887 stocks $561,582 on the previous day and more that the average of 301,118 shares at $408,514 for February.
The recently listed Woodcats International, was the lead trade with 5.97 million shares for 56.3 percent of total volume followed by Future Energy which ended with 839,575 units for 7.9 percent of the day’s trade and Kintyre Holdings with 772,536 stocks for 7.3 percent of the volume traded.
At the close of trading, the Junior Market Index slipped 27.19 points to end at 3,330.10. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and none with a lower offer.
The Junior Market ended trading with an average PE Ratio of 14.2, derived by dividing the last traded price of a stock by the earnings per share. ICInsider.com compiles the PE ratios in this report for companies with their fiscal year ending around August 2026.
At the close of the market, Cargo Handlers lost 5 cents and ended at $18.70, in trading of 3,688 shares, Caribbean Assurance Brokers shed 15 cents to finish at $1.80 with 325 stocks crossing the exchange, Dolla Financial popped 35 cents in closing at $2.65 with investors swapping 63,654 units. Dolphin Cove dropped 44 cents to close trading at $10.51 with 6,710 shares crossing the market, Elite Diagnostic sank 33 cents to end at $1.25 after an exchange of 60,000 stock units, Express Catering increased 8 cents to $2.44 with 43,241 shares passing through the market. Fontana skidded 5 cents to $7.35 with an exchange of 27,444 stocks, Future Energy sank 29 cents and ended at $3.76 with 839,575 units clearing the market, GWest Corporation declined 10 cents to finish at 60 cents in trading 27,846 stock units. Indies Pharma climbed 8 cents in closing at $2.98 with 7,950 shares crossing the market, ISP Finance fell $1.67 to end at $10.33 in an exchange of 37 stock units, Jetcon Corporation rose 40 cents to close at $2.90 with investors dealing in 65,543 stocks. Knutsford Express dipped 45 cents to $9.55 in an exchange of 30,117 units, Lasco Financial slipped 15 cents to close at $1.50 with traders dealing in 119,573 stocks, Limners and Bards sank 7 cents to end at 85 cents as investors exchanged 211,628 shares. Lumber Depot skidded 5 cents in closing at $2.40 with 8,402 stocks changing hands, Medical Disposables fell 10 cents to $1.10 after an exchange of 44,052 stock units, Regency Petroleum slipped 6 cents and ended at $4.59 after traders swapped 27,222 stocks. Stationery and Office Supplies rallied 7 cents to $1.61 in switching ownership of 2,716 units and Woodcats International sank 7 cents to finish at 92 cents with investors trading 5,971,175 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market drops to close week


Trading activity ended on the Junior Market of the Jamaica Stock Exchange Friday, with a 17 percent drop in the volume of stocks changing hands, at a 12 percent lower value than on Thursday, following trading in 44 securities, compared with 42 on Thursday and ending with prices of 17 rising, 19 declining and eight closing unchanged, resulting in a sizable fall in the market index, mainly as Future Energy suffered a more than a 10 percent drop in price.

The market closed with trading of 19,975,126 shares for $26,872,353, compared with 23,933,244 units at $30,479,616 on Thursday.
Trading averaged 453,980 shares at $610,735, down from 569,839 stocks at $725,705 on Thursday, with trading for the month to date, averaging 454,887 units with an average of $561,582, well aligned with 454,951 stocks at $558,088 on the prior day, ahead of February, with an average of 301,118 shares at $408,514.
Woodcats International led trading with 10.89 million shares for 54.5 percent of total volume followed by Dolla Financial, with 2.02 million stocks for 10.1 percent of the day’s trade, Future Energy closed with 1.46 million stocks changing hands for 7.3 percent of the volume traded and Kintyre Holdings with 1.02 million units for 5.1 percent of market share.
At the close of trading, the Junior Market Index sank 42.62 points to conclude trading at 3,357.29, with Future Energy dropping sharply, helping to deliver a major pull on the market. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 14.6, derived by dividing the last traded price of a stock by the earnings per share. ICInsider.com compiles the PE ratios for companies with their fiscal year ending around August 2026.
At the close, AMG Packaging rose 11 cents in closing at $2.21 with an exchange of 2,141 shares, Cargo Handlers climbed 53 cents to end at $18.75, with 2,050 units crossing the market, Derrimon Trading skidded 6 cents and ended at $1.68, with investors trading 27,416 stocks. Dolla Financial sank 28 cents to finish at $2.30 after an exchange of 2,018,047 shares, Dolphin Cove rose 29 cents to end at $10.95 after 3,794 stock units passed through the market, Fontana declined 8 cents to close at $7.40 after an exchange of 61,160 shares. Fosrich gained 7 cents to end at $2.18 with investors trading 2,838 stock units, Future Energy sank 47 cents and ended at $4.05 in an exchange of 1,461,552 stocks, Honey Bun popped 10 cents to finish at $6.46, with 3,491 units crossing the market. Indies Pharma rallied 10 cents to close at $2.90 as investors exchanged 105,221 stocks, Jamaican Teas shed 17 cents to end at $2.23, with 141,814 units changing hands, Jetcon Corporation lost 70 cents in closing at $2.50, with 334,404 shares crossing the exchange, after trading at a 52 weeks intraday high of $3.68. Mailpac Group slipped 18 cents to $2.61 with investors dealing in 1,000 stock units, Paramount Trading advanced 5 cents to end at $1.17 in an exchange of 2,000 shares and Regency Petroleum popped 15 cents in closing at $4.65 with dealings in 20,617 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Woodcats tops Junior Market trades


For a second consecutive day, newly listed Woodcats International, pallet manufacturer, is the volume leader with 79 percent on the Junior Market of the Jamaica Stock Exchange on Wednesday. . Investors traded all 48 listed securities, compared with 42 on Tuesday, ending, with prices of 15 rising, 20 declining and 13 closing unchanged as the market declined for a second day.

The market closed with trading of 45,999,918 shares for $53,057,532, after slipping from 47,836,301 units at $50,727,113 on Tuesday.
Trading averaged 958,332 shares valued $1,105,365, down from an average of 1,138,960 stock units at $1,207,788 on Tuesday. Trading for the month to date, averages just 446,589 stock units at $545,887 compared with 400,155 stock units at $495,121 on the previous day and February, with an average of 301,118 shares at $408,514.
Freshly listed Woodcats International, led trading for a second day, with 36.45 million shares for 79.2 percent of total volume followed by Kintyre Holdings which ended with 2.55 million stocks for 5.6 percent of the day’s trade and Jetcon Corporation with 1.17 million units for 2.5 percent of the day’s trade, with the stock trading at a 52 week high of $3.01
At the close of trading, the Junior Market Index dipped 11.02 points to wrap-up trading at 3,406.36. The Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and none with a lower offer.
The Junior Market ended trading with an average PE Ratio of 14.8, derived by dividing the last traded price of a stock by the earnings per share. ICInsider.com compiles the PE ratios in this report for companies with their fiscal year ending around August 2026.
At the close of the market, Access Financial advanced 72 cents to $17.62, following trading of a mere 248 shares, AMG Packaging dipped 13 cents to $2.11 in an exchange of 11,696 stocks, Blue Power popped 17 cents to $3.88, with 17,015 units crossing the market . Caribbean Assurance Brokers sank 20 cents and ended at $1.80 after 617 shares were exchanged, Caribbean Cream increased 7 cents to end at $1.80 after an exchange of 4,381 stock units, Caribbean Flavours climbed 8 cents to finish at $1.64 with a transfer of 12,140 shares. Dolla Financial slipped 12 cents to $2.56 with 108,362 stocks crossing the market, Elite Diagnostic rose 14 cents in closing at $1.60 after a transfer of 350,081 units, Express Catering gained 22 cents to finish at $2.36 with 22,140 stock units crossing the exchange. Fosrich rallied 6 cents and ended at $2.19 with investors trading 6,019 shares, Future Energy rose 13 cents to close at $4.58 with 712,648 stocks passing through the market, GWest Corporation lost 5 cents to end at 68 cents with investors dealing in 6,231 units. Honey Bun dropped 24 cents in closing at $6.27 with 12,145 stock units changing hands, Image Plus sank 7 cents to 82 cents after an exchange of 783,795 shares, Indies Pharma skidded 23 cents and ended at $2.75 in switching ownership of 105,256 units. ISP Finance advanced $2.45 to finish at $12.50 with 51 stocks clearing the market, Jamaican Teas fell 6 cents to close at $2.24 after an exchange of 37,983 stock units, Knutsford Express popped 75 cents to end at $9.80 with investors trading 79 shares. Limners and Bards declined 6 cents in closing at 90 cents in an exchange of 88,621 stocks, Lumber Depot climbed 5 cents to $2.45 with investors swapping 2,100 units, Mailpac Group shed 5 cents and ended at $2.79 with an exchange of 6,003 stock units. Main Event dropped 20 cents to close at $6.75 with traders dealing in 176 shares, Medical Disposables lost 8 cents to end at $1.20 as investors exchanged 48,410 stocks, Omni Industries increased 6 cents to finish at $1 with 6,146 units crossing the market and Regency Petroleum dipped 17 cents to $4.70 in an exchange of 236,734 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Woodcats gains 13% on listing


Woodcats International, pallet and crate manufacturer, the most recent company to make an initial public offer of shares in Jamaica, was listed on Tuesday, with 32 million shares changing hands, accounting for 68 percent of shares traded on the Junior Market of the Jamaica Stock Exchange on Tuesday. The volume of stocks traded jumped by 434 percent, with the value increasing by 103 percent over Monday, following trading of 42 securities, down from 45 on Monday and ending, with prices of 14 rising, 15 declining and 13 closing unchanged, resulting in a drop in the market index.

The market closed with trading of 47,836,301 shares for $50,727,113, after soaring from 8,955,318 units at $25,019,004 on Monday.
Trading averaged 1,138,960 shares valued at $1,207,788, compared to 199,007 stock units at $555,978 on Monday. Trading the month to date, ended with an average of 400,155 units at $495,121, up from 336,438 stock units at $433,659 on the previous day and February, with an average of 301,118 stock units at $408,514.
Newly listed Woodcats International, led trading with 32.52 million shares for 68 percent of the total volume, followed by Kintyre Holdings, with 9.78 million stocks for 20.4 percent of the day’s trade, Future Energy closed with 1.64 million stocks for 3.4 percent of the volume traded, Atlantic Hardware chipped in with 1.51 million units for 3.2 percent of the overall volume and Stationery and Office Supplies with 1.01 million units for 2.1 percent of market share.
At the close of trading, the Junior Market Index lost 14.38 points to end at 3,417.38. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
The Junior Market ended trading with an average PE Ratio of 14.5, derived by dividing the last traded price of a stock by the earnings per share. ICInsider.com compiles the PE ratios in this report for companies with their fiscal year ending around August 2026.
At the close of market activity, Access Financial slipped 75 cents to $16.90 in an exchange of 48 shares; Atlantic Hardware slipped 5 cents to close at $1.74 after trading 1,512,141 shares; Blue Power rose 37 cents to close at $3.71 after a trading 119,539 shares. CAC 2000 skidded 10 cents to end at $1.89 as investors exchanged 281 units, Dolphin Cove rallied 30 cents and ended at $10.95 with 212 stocks passing through the market, Express Catering fell 25 cents to end at $2.14 with investors trading 91,498 units. Future Energy dropped 6 cents to $4.45 after an exchange of 1,641,261 stocks, after the stock climbed to an intraday 52 weeks high of $4.80, Honey Bun increased 6 cents and ended at $6.51 with 4,556 shares changing hands, Image Plus climbed 6 cents in closing at 89 cents in trading 61,679 stock units. Iron Rock Insurance rose 30 cents to finish at $2.70 with 169 shares clearing the market, Knutsford Express shed 75 cents to end at $9.05 with a transfer of 13,993 units, Lumber Depot lost 7 cents to close at $2.40 with 8,929 stocks crossing the market. Mailpac Group advanced 5 cents to $2.84 with investors swapping 11,455 stock units, Omni Industries dipped 5 cents to end at 94 cents after an exchange of 942 shares, Spur Tree Spices gained 7 cents in closing at $1.08 after traders swapped 24,416 units. Stationery and Office Supplies sank 10 cents to finish at $1.54, with investors trading 1,008,782 stocks and Woodcats International gained 13.3 percent on debut after the price popped 12 cents to $1.02, with 32,520,188 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Woodcats trades at 96 cents


Woodcats International invitation for investors to subscribe to purchase 833,333,333 Ordinary Shares, on January 26, was oversubscribed, but only just. The invitation was closed on Wednesday, February 11, but was not enthusiastically gobbled up by investors. The stock was listed on the Junior Market of the Jamaican Stock Exchange on Tuesday, with selling exceeding buying interest. The stock opened trading at 96 cents.

Summary of pre opening bids and offers.

A total of 4,869,953 shares were traded up to a high of $1.04, after which trading was halted for rising more than 15 percent, following 24 minutes of trading.
All applicants in the Employee, Key Partners and Strategic Investors Reserve Pool received the full allotment for all shares applied for. Applications from the public will receive the first 25,000 shares applied for in full, with the excess being allocated 67.66 percent.

The shares were priced at 90 cents at the IPO, with a PE of 11.5 times pretax earnings, compared with a market average of 14, and are set for a torrid period of trading.

Woodcats International heading to the JSE Junior Market


Woodcats International, manufacturer of wooden pallets and related products, in Jamaica, along with the majority owner are offering to the public by way of an Initial Public Offering (IPO) up to 833.33 million ordinary shares at J$0.90 per share, that will raise J$750 million, if fully taken up and is expected to list on the Jamaica Stock Exchange Junior Market, that will permit them to enjoy 10 year period of tax reduction.

Founded in 1999, the company was acquired by Derrimon Trading Company in 2018, and grown appreciably, with net profit increasing more than sevenfold over five years while doubling revenues to J$1.08 billion in 2024. Interim results show a much slower growth of just 3.8 percent to $840 million, slightly better than the 3.2 percent increase enjoyed in 2024.
The PE ratio at the IPO price of 90 cents is just 11.5, based on the latest profit results, which is below the Junior Market average of over 13, with several stocks priced around 18. ICInsider.com projects a rise in the price following the IPO and listing on the junior Market of the Jamaica Stock Exchange.
The issue opens on February 2, 2026 and is scheduled to close on February 20,
The board of directors comprises. Earl Anthony Richards, Derrick Cotterell, Ian Kelly, Patrick Mignott, Nicole Burgher, Jermaine Burrell, Carlton Samuels.
The Company effected cost controlled measures with a 6.2 percent reduction in cost despite inflationary pressures. This reduction was achieved while expanding operations, highlighting operational efficiency. Finance costs increased due to higher lease interest expense from additional warehouse space to facilitate growth.
Current Assets amount to $479 million as of September 2025, compared to $490 million in 2024.
Cash and cash equivalents ended the period at $55 million, compared with $59 million in 2024. The company also hold investments amounting to $108 million, including 30 million Derrimon Trading Company shares with a market value of $60 million. Shareholders’ equity stands at $633 million, with non-current liabilities at $144 million, while current liabilities sit at $124 million.

PROSPECTS FOR 2026
Woodcats seems positioned for continued growth with a three-to-five year plan targeting 20 percent compound annual revenue growth through 2028. Actual outcomes can vary from plans. Key strategic initiatives include expanding certified heat treatment capacity by 50 percent within three years, launching composite wood-plastic pallets by Q4 2026, increasing pallet production output by 30 percent by 2027, and growing the Summerland retail brand with five distribution points across Jamaica and CARICOM by 2027. The Company aims to diversify revenue streams with ancillary sales contributing 20 percent of total revenue by 2028, while establishing Woodcats as the recognised regional hub for sustainable pallet solutions with entry into two new CARICOM markets by 2026. Process automation targeting 40 percent of production by 2026 is expected to reduce production time per pallet by 20 percent, supported by full adoption of digital supply chain management tools by 2027.

NCB Capital Markets is the broker for the issue.