Home
News
Chat
Markets
Screener
Portfolio
Latest
Watchlists 
Welcome to The MoneyMax Market Insight for this week.
What did we notice this week
- FTNA pulled back (-16% WTD) after some investors were concerned about the loss they recently reported for the last quarter
- SCIJMD was the best performing stock for the week as investors are feeling optimistic about a possible rights issue. Now the 2nd best perfoming stock YTD (excluding new listings)
- Another bad week for JETCON, and now the worst performing stock for 2019 so far, down 53.62% YTD
- PROVEN, SCIJMD & JAMT continue to trend up (check trending stocks)
- 9 stocks saw their prices trending downwards – notable mention to INDIES and ELITE (now below $5)
- LUMBER and MAILPAC (the two latest IPOs) continued to see active trading, both increased WTD but are down from their peak
- Just noticing this, PBS rounded out the best performers for the week, possibly increasing based on the recent acquisition news
- Over on the TTSE, GK, JMMBGL and NCBFG are trading at much higher prices than the JSE (check the market updates)
- A new IPO First Rock was announced – opening in January. Investors could start taking profits from others
- Under the New Listings, SELECTMD was listed this week and is already -7% below its IPO price
The insights for this week are below.
Popular This Week
Most traded stocks this week – ranked based on number of trades.
Best Performers For The Week
These are the stocks whose price increased the most over the week.
| Company | Open | Close | Chg $ | Chg % | # Of Highs |
# Of Lows |
|---|---|---|---|---|---|---|
| SCIJMD | 21.62 | 27.20 | +5.58 | +25.81% | 1 | – |
| LUMBER | 1.59 | 1.97 | +0.38 | +23.90% | 2 | – |
| MPCCEL | 200.00 | 231.00 | +31.00 | +15.50% | – | – |
| KLE | 1.53 | 1.75 | +0.22 | +14.38% | – | – |
| PBS | 0.57 | 0.65 | +0.08 | +14.04% | – | – |
Note: Open and Close prices along with the movements are for the week-to-date.
Worst Performers For The Week
These are the stocks that saw their price fall the sharpest for the week.
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 | 2.31 | +1.31 | +131.00% | 1 | – |
| LUMBER | 1.20 | 1.97 | +0.77 | +64.17% | 2 | – |
| SCIJMD | 22.87 | 27.20 | +4.33 | +18.93% | 1 | – |
| CBNY | 0.11 | 0.13 | +0.02 | +18.18% | – | – |
| HONBUN | 6.58 | 7.61 | +1.03 | +15.65% | 2 | – |
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 |
|---|---|---|---|---|---|---|
| SSLVC | 1.50 | 1.10 | -0.40 | -26.67% | – | – |
| JETCON | 1.80 | 1.41 | -0.39 | -21.67% | – | 1 |
| CAC9.50 | 1.13 | 0.90 | -0.23 | -20.35% | – | – |
| BPOW | 6.90 | 5.59 | -1.31 | -18.99% | – | – |
| XFUND | 11.14 | 9.06 | -2.08 | -18.67% | – | – |
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 | 8.07% | 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 | 7.27% | 0.0800 | 1 | JMD |
| MPCCEL | 5.19% | 0.0890 | 1 | USD |
| MTL | 5.00% | 0.0150 | 1 | USD |
| SML | 4.12% | 0.2427 | 2 | JMD |
| GENAC | 3.95% | 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 |
|---|---|---|---|---|---|---|---|
| JETCON | 1.41 | 1.60 | 1.80 | 0.20 | +12.50% | +13.48% | +27.66% |
| CAC9.50 | 0.90 | 1.00 | 1.13 | 0.13 | +13.00% | +11.11% | +25.56% |
| TTECH | 5.50 | 5.95 | 6.52 | 0.57 | +9.58% | +8.18% | +18.55% |
| INDIES | 2.71 | 2.90 | 3.10 | 0.20 | +6.90% | +7.01% | +14.39% |
| CAC | 13.17 | 14.01 | 15.01 | 1.00 | +7.14% | +6.30% | +13.90% |
| MDS | 7.07 | 7.41 | 7.61 | 0.20 | +2.70% | +4.67% | +7.50% |
| DTL | 2.46 | 2.55 | 2.63 | 0.08 | +3.14% | +3.66% | +6.91% |
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 |
|---|---|---|---|---|---|---|---|
| ISP | 31.99 | 15.00 | 29.50 | 14.50 | +96.67% | -53.11% | -7.78% |
| 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% |
| LASF | 4.16 | 3.03 | 4.35 | 1.32 | +43.56% | -27.16% | +4.57% |
| PBS | 0.65 | 0.50 | 0.57 | 0.07 | +14.00% | -23.08% | -12.31% |
| CHL | 9.75 | 8.00 | 9.50 | 1.50 | +18.75% | -17.95% | -2.56% |
| KLE | 1.75 | 1.45 | 1.75 | 0.30 | +20.69% | -17.14% | 0.00% |
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
- Proven Investments Limited – 5 days.
- Sygnus Credit Investments Limited JMD Ordinary Shares – 5 days.
- Jamaican Teas Ltd – 4 days.
- Jamaica Money Market Brokers Group Ltd – snapped its 5 day price increase trend (on Tue Dec 17)
- GraceKennedy Ltd – snapped its 4 day price increase trend (on Mon Dec 16)
Uptrending Volumes. Consecutive volume increases
- SSL Venture Capital Jamaica Ltd – 4 days.
- Everything Fresh Ltd – 4 days.
- Indies Pharma Jamaica Ltd – 4 days.
- Jamaica Producers Group Ltd – 4 days.
- Mayberry Jamaican Equities Ltd – snapped its 6 day volume increase trend (on Thu Dec 19).
- Jetcon Corporation Limited – snapped its 5 day volume increase trend (on Thu Dec 19).
- QWI Investments Ltd – snapped its 4 day volume increase trend (on Thu Dec 19).
- Sagicor Group Jamaica Ltd – snapped its 4 day volume increase trend (on Thu Dec 19).
- Seprod Ltd – snapped its 5 day volume increase trend (on Wed Dec 18).
- LUMBER – snapped its 4 day volume increase trend (on Wed Dec 18).
- Consolidated Bakeries (Jamaica) Ltd – snapped its 4 day volume increase trend (on Wed Dec 18).
- The Limners and Bards Limited – snapped its 4 day volume increase trend (on Tue Dec 17).
- Blue Power Group Ltd – snapped its 4 day volume increase trend (on Tue Dec 17).
- NCB Financial Group Ltd – snapped its 4 day volume increase trend (on Mon Dec 16).
- Caribbean Cement Company Ltd – snapped its 4 day volume increase trend (on Mon Dec 16).
Downtrending Prices. Consecutive price decrease
- Fontana Limited – 6 days.
- Sagicor X Fund – 4 days.
- Indies Pharma Jamaica Ltd – broke its 4 day price decline (on Thu Dec 19).
- Supreme Ventures Ltd – broke its 5 day price decline (on Wed Dec 18).
- Scotia Group Jamaica – broke its 5 day price decline (on Wed Dec 18).
- Elite Diagnostics Ltd – broke its 4 day price decline (on Tue Dec 17).
- Wisynco Group Ltd – broke its 5 day price decline (on Mon Dec 16).
- Lasco Distributors Ltd – broke its 5 day price decline (on Mon Dec 16).
- PanJam Investment limited – broke its 4 day price decline (on Mon Dec 16).
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 | 27.37 | +17.11 | +166.76% | 20 | – |
| SCIJMD | 10.97 | 27.20 | +16.23 | +147.95% | 10 | – |
| VMIL | 3.76 | 8.72 | +4.96 | +131.91% | 9 | – |
| WISYNCO | 10.94 | 23.93 | +12.99 | +118.74% | 17 | – |
| 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 |
|---|---|---|---|---|---|---|
| JETCON | 3.04 | 1.41 | -1.63 | -53.62% | – | 12 |
| KLE | 3.15 | 1.75 | -1.40 | -44.44% | – | 4 |
| SSLVC | 1.95 | 1.10 | -0.85 | -43.59% | – | 4 |
| PTL | 2.90 | 1.67 | -1.23 | -42.41% | – | 5 |
| AFS | 50.56 | 31.47 | -19.09 | -37.76% | – | 9 |
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 | 6.41 | +4.53 | +240.96% | 12 | 1 |
| LAB | 1.00 | 3.07 | +2.07 | +207.00% | 6 | – |
| MAILPAC | 1.00 | 2.31 | +1.31 | +131.00% | 1 | – |
| WIG | 0.50 | 0.97 | +0.47 | +94.00% | 6 | – |
| MPCCEL | 130.00 | 231.00 | +101.00 | +77.69% | 9 | 1 |
| LUMBER | 1.20 | 1.97 | +0.77 | +64.17% | 2 | – |
| SELECTF | 1.00 | 1.13 | +0.13 | +13.00% | 1 | 5 |
| SELECTMD | 1.00 | 0.93 | -0.07 | -7.00% | – | 2 |
| QWI | 1.35 | 1.11 | -0.24 | -17.78% | 1 | 5 |
| ICREATE | 1.01 | 0.71 | -0.30 | -29.70% | – | 8 |
| CPFV | 46.18 | 31.37 | -14.81 | -32.07% | – | 7 |
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.
