Market Insights: Watch CCC And These Other Trending Stocks – Dec 15, 2019

Welcome to The MoneyMax Market Insight for this week.

The insights for this week are below.

The main highlights for this week include

  • LUMBER being listed on Friday
  • MAILPAC recovering to $2.14 after peaking at $2.31 and trading as high as $2.60. It dipped to as low as $1.62
  • JMMBGL and NCBFG (both cross listed on the TTSE) have been hitting new highs on the TTSE this week, with NCBFG at ~J$230+ and JMMBGL close the ~J$60 on that exchange
  • ICREATE bouncing back +29.09% (its under the trending stocks section) advancing 5 days straight, will it be 6 on Monday?
  • The percentage movement hasn’t been major, but we’re noticing CCC down for the last 9 days straight.
  • These are just some of the main points, the rest of the data is below. If there are other things you’d like to see, you can let us know as well. 

Also

  • The Bid-Ask section of this report has been modified include the % difference vs the close price (to give an idea of possible movement above/below the latest close price).
    • For instance MAILPAC, would be forecasted to jump another 12.15% to 13.08% if it trades anywhere betwen the bid or ask prices.
    • Similarly, for the Bearish stocks, ISP for example (second on the list) is forecasted to trade anywhere between -56.24% and -7.78% below the latest close price

Popular This Week

Most traded stocks this week – ranked based on number of trades.

Company Close Chg $ Chg % Vol
MAILPAC 2.14 -0.17 -7.36% 73.6m
NCBFG 200.99 -0.86 -0.43% 974.0k
WIG 0.98 0.00 0.00% 47.0m
JMMBGL 47.77 +0.36 +0.76% 6.1m
SELECTF 1.13 0.00 0.00% 13.1m
VMIL 8.67 -0.03 -0.34% 583.4k

Best Performers (MTD)

These are the stocks with the highest appreciation in price. Also note the number of highs they’ve hit for the period (a sign of how bullish the market is).

Company Open Close Chg $ Chg % # Of
Highs
# Of
Lows
MAILPAC 1.00 2.14 +1.14 +114.00% 1
LUMBER 1.20 1.59 +0.39 +32.50%
MTL 0.26 0.30 +0.04 +15.38%
HONBUN 6.58 7.49 +0.91 +13.83% 2
ICREATE 0.63 0.71 +0.08 +12.70%

Note: Open and Close prices along with the movements are for the month-to-date.

Worst Performers (MTD)

These are the worst performing stocks (based on price) for the month. If they’ve hit new lows it’s also a sign that the market is willing to drop this stock at lower and lower prices.

 
Company Open Close Chg $ Chg % # Of
Highs
# Of
Lows
CAC9.50 1.13 0.90 -0.23 -20.35%
FOSRICH 4.85 4.05 -0.80 -16.49%
MPCCEL 230.00 200.00 -30.00 -13.04%
AFS 35.39 31.29 -4.10 -11.59%
MDS 7.96 7.10 -0.86 -10.80%

Note: Open and Close prices along with the movements are for the month-to-date.

 

Most Valuable Companies By Market Capitalization

Market capitalization is the total value of a business as determined by the market.

Main Market

Company Value J$ Industry
NCBFG 501b Banks
SJ 257b Insurance
SGJ 168b Banks
PJAM 108b Diversified Financial Services
WISYNCO 90b Food Products

Junior Market

Company Value J$ Industry
LASM 21b Food Products
LASD 11b Food & Staples Retailing
FTNA 10b Food & Staples Retailing
AFS 9b Consumer Finance
GENAC 8b Insurance

Top Dividend Stocks

The best stocks for dividends. Stocks with the highest yield and payment frequency.

Company Yield $ Amt
Paid
CCY
CAR 8.05% 0.6700 JMD
Proven 4.03% 0.0129 USD
SGJ 3.77% 2.0400 JMD
EPLY 3.14% 0.4716 JMD
SVL 3.02% 0.7700 JMD

Based on historical (ordinary) dividends paid over the last 12 months, and the current price. Yield/$ Amt paid does not include special dividends.

Other Top Dividend Stocks

Stocks with good yields but making less frequent payments

Company Yield $ Amt
Paid
How
Often
CCY
1834 6.56% 0.0800 1 JMD
MPCCEL 6.00% 0.0890 1 USD
MTL 5.00% 0.0150 1 USD
SML 4.58% 0.2427 2 JMD
GENAC 3.84% 0.2839 2 JMD

Look at how often the payment is made and also consider if they have done it in prior years, or did it for special reasons.

Bid-Ask Spreads

Bids > Close Price. Bullish

These stocks are expected to appreciate in price. There is strong demand (smaller spreads) and bid and asks are above the previous close. Bid-ask spreads indicate demand and supply / market liquidity. Bid represents demand and ask supply.

Company Close Bid Ask Spread $ Bid-Ask
Spread %
Bid
Vs Close
Ask
Vs Close
MAILPAC 2.14 2.41 2.43 0.02 +0.83% +12.15% +13.08%
DTL 2.49 2.58 2.65 0.07 +2.71% +3.61% +6.43%
CAC 13.00 13.45 18.00 4.55 +33.83% +3.46% +38.46%
PJX 7.75 8.00 9.25 1.25 +15.63% +3.23% +19.35%
ECL 6.12 6.19 6.31 0.12 +1.94% +1.31% +3.27%
ELITE 5.29 5.35 5.45 0.10 +1.87% +1.13% +3.02%
AMG 2.01 2.03 2.10 0.07 +3.45% +1.00% +4.48%

A small spread exists when a stock is being actively traded and has high volume – this is normally prefered as it allows orders to be filled quickly at the prices we want.

Bids < / = Close Price. Bearish

These stocks have bids (and possibly asks) below the latest close price. These tend to be stocks with low volumes and/or wider spreads. Small or unknown companies frequently exhibit lower trading volume because fewer investors are interested in relatively unknown firms.

Company Close Bid Ask Spread $ Bid-Ask
Spread %
Bid
Vs Close
Ask
Vs Close
SCIUS 0.13 0.02 0.03 0.01 +50.00% -84.62% -76.92%
ISP 31.99 14.00 29.50 15.50 +110.71% -56.24% -7.78%
SILUS 0.02 0.01 0.02 0.01 +100.00% -50.00% 0.00%
KEY 3.20 2.00 3.30 1.30 +65.00% -37.50% +3.13%
CFF 15.00 10.21 15.64 5.43 +53.18% -31.93% +4.27%
MPCCEL 200.00 154.99 229.99 75.00 +48.39% -22.50% +15.00%
PTL 2.00 1.56 2.05 0.49 +31.41% -22.00% +2.50%

Large bid-ask spreads on illiquid shares are also used by market makers to compensate themselves for assuming the risk of holding low-volume securities. A wide spread represents a higher premium for market makers.

Trending Stocks

Stocks seeing consecutive increases or decreases in prices and/or volume. Keep an eye on these stocks, especially the ones moving based on recent news.

Uptrending Prices. Consecutive price increases

Uptrending Volumes. Consecutive volume increases

Downtrending Prices. Consecutive price decrease

Raging Bulls (Top performers YTD)

Excluding new listings

Stocks with the highest gain in price YTD. Note the number of highs they’ve also hit since the start of the year

Company Open Close Chg $ Chg % # Of
Highs
# Of
Lows
JSE 10.26 27.92 +17.66 +172.12% 20
VMIL 3.76 8.67 +4.91 +130.59% 9
WISYNCO 10.94 23.90 +12.96 +118.46% 17
GENAC 3.54 7.40 +3.86 +109.04% 13
RJR 0.89 1.85 +0.96 +107.87% 8

Note: As stocks start to rise, there can be more and more greed in the stock market. You see more and more people thinking, ‘Oh yeah let’s put money on that stock because it’s going up.’ Watch out for that.

YTD Bears (Worst performers)
Excluding new listings

Stocks losing the most value since the start of the year. Note the number of lows they’ve hit for the period as well

Company Open Close Chg $ Chg % # Of
Highs
# Of
Lows
KLE 3.15 1.53 -1.62 -51.43% 4
JETCON 3.04 1.81 -1.23 -40.46% 11
AFS 50.56 31.29 -19.27 -38.11% 9
DCOVE 16.50 10.90 -5.60 -33.94% 6
CHL 15.00 9.94 -5.06 -33.73% 2 3

Note: Being ‘bearish’ is a sign of pessimism – thinking a stock is going to lose value. ‘Bearish’ investors, therefore, are likely to sell. In some cases (with research) you can take advantage of fear and greed – buying when there’s fear.

New Listings

Stocks listed this year. Take a look at their price performance and also 52W Highs and Lows.

Company Open Close Chg $ Chg % # Of
Highs
# Of
Lows
FTNA 1.88 7.64 +5.76 +306.38% 12 1
LAB 1.00 2.90 +1.90 +190.00% 6
MAILPAC 1.00 2.14 +1.14 +114.00% 1
WIG 0.50 0.98 +0.48 +96.00% 6
MPCCEL 130.00 200.00 +70.00 +53.85% 9 1
LUMBER 1.20 1.59 +0.39 +32.50%
SELECTF 1.00 1.13 +0.13 +13.00% 1 5
CPFV 46.18 38.02 -8.16 -17.67% 7
QWI 1.35 1.06 -0.29 -21.48% 1 5
ICREATE 1.01 0.71 -0.30 -29.70% 8

About The MoneyMax Market Insight – This is a compilation of stats and tips on the market. Each week we will highlight the best performing, trending & top ranked stocks and more – giving our members tips on what has been perfoming well and what to look forward to.

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