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.
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
Junior Market
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
- iCreate Ltd – 5 days.
- Lasco Manufacturing Ltd – 4 days.
- 138 Student Living Jamaica Limited – snapped its 2 week price increase trend (on Mon Dec 09)
- Eppley Caribbean Property Fund – Value Fund – snapped its 2 week price increase trend (on Mon Dec 09)
- Radio Jamaica Ltd – snapped its 2 week price increase trend (on Mon Dec 09)
- Elite Diagnostics Ltd – snapped its 2 week price increase trend (on Mon Dec 09)
- Honey Bun (1982) Ltd – snapped its 2 week price increase trend (on Mon Dec 09)
- Wisynco Group Ltd – snapped its 2 week price increase trend (on Mon Dec 09)
Uptrending Volumes. Consecutive volume increases
- Jamaica Money Market Brokers Group Ltd – 4 days.
- Scotia Group Jamaica – 4 days.
- Elite Diagnostics Ltd – snapped its 5 day volume increase trend (on Thu Dec 12).
- Mayberry Investments Ltd – snapped its 5 day volume increase trend (on Thu Dec 12).
- Indies Pharma Jamaica Ltd – snapped its 5 day volume increase trend (on Thu Dec 12).
- Kingston Wharves Ltd – snapped its 4 day volume increase trend (on Thu Dec 12).
- Mayberry Jamaican Equities Ltd – snapped its 5 day volume increase trend (on Wed Dec 11).
- Jamaica Broilers Ltd – snapped its 5 day volume increase trend (on Wed Dec 11).
- Sygnus Credit Investments Limited USD Ordinary Shares – snapped its 5 day volume increase trend (on Wed Dec 11).
- The Limners and Bards Limited – snapped its 4 day volume increase trend (on Wed Dec 11).
- Wisynco Group Ltd – snapped its 4 day volume increase trend (on Wed Dec 11).
- Knutsford Express Services Ltd – snapped its 4 day volume increase trend (on Wed Dec 11).
- Jetcon Corporation Limited – snapped its 4 day volume increase trend (on Wed Dec 11).
- Sygnus Credit Investments Limited JMD Ordinary Shares – snapped its 4 day volume increase trend (on Tue Dec 10).
- Wigton Windfarm Ltd – snapped its 4 day volume increase trend (on Tue Dec 10).
- Jamaica Producers Group Ltd – snapped its 4 day volume increase trend (on Tue Dec 10).
- Medical Disposables and Supplies Ltd – snapped its 4 day volume increase trend (on Tue Dec 10).
- Sagicor X Fund – snapped its 5 day volume increase trend (on Mon Dec 09).
Downtrending Prices. Consecutive price decrease
- Caribbean Cement Company Ltd – 9 days.
- Wisynco Group Ltd – 4 days.
- Lasco Distributors Ltd – 4 days.
- Mayberry Investments Ltd – 4 days.
- Derrimon Trading Company Ltd – broke its 4 day price decline (on Wed Dec 11).
- Caribbean Cement Company Ltd – broke its 2 week price decline (on Mon Dec 09).
- SSL Venture Capital Jamaica Ltd – broke its 2 week price decline (on Mon Dec 09).
- Access Financial Services Ltd – broke its 2 week price decline (on Mon Dec 09).
- General Accident Insurance Company Jamaica Ltd – broke its 2 week price decline (on Mon Dec 09).
- Indies Pharma Jamaica Ltd – broke its 2 week price decline (on Mon Dec 09).
- Proven Investments Limited – broke its 2 week price decline (on Mon Dec 09).
- AMG Packaging & Paper Company Ltd – broke its 2 week price decline (on Mon Dec 09).
- Wigton Windfarm Ltd – broke its 2 week price decline (on Mon Dec 09).
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.