Market Insights: BPOW & LUMBER Lead WTD Decliners. FTNA Rebounds – Dec 28, 2019

Welcome to The MoneyMax Market Insight for this week.

What did we notice this week?

  • JETCON up +28% to lead the week’s best performers. Now down -40.8% YTD
  • FTNA bounced back +11.7% to close in the $7 range
  • BPOW and LUMBER are the top two worse performers WTD.
    • I can understand BPOW’s decline (after the split from LUMBER, and the recent announcement about customs duty which would impact their results).
    • LUMBER’s decline would be due to profit taking after the IPO pop
  • ISP, KEY, CFF and others (even BPOW) are seeing bids below the price they last closed (possible signs of a decline)
  • LUMBER‘s price has been on the decline for the last 6 days
  • Of the last 3 IPOs, MAILPAC is still up over 100%, LUMBER has declined and is now a little below 50% and SELECTMD is flat.
  • Baring any major changes next week FTNA and LAB seem set to close out 2019 as the top two performing stocks (both listing during the year). Of the stocks that were listed before 2019, JSE and SCIJMD are the two top performers.

The insights for this week are below.

Popular This Week

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

Company Close Chg $ Chg % Vol
SVL 25.10 -0.43 -1.68% 147.4k
MAILPAC 2.11 -0.20 -8.66% 72.6m
LAB 2.98 -0.09 -2.93% 314.1k
CBNY 0.12 -0.01 -7.69% 94.8k
JAMT 6.20 -0.06 -0.96% 169.2k
CAR 8.19 -0.11 -1.33% 253.8k

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
JETCON 1.41 1.80 +0.39 +27.66%
CAC 13.17 15.00 +1.83 +13.90%
FTNA 6.41 7.16 +0.75 +11.70%
1834 1.10 1.22 +0.12 +10.91%
XFUND 9.06 10.00 +0.94 +10.38%

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.

Β 
Company Open Close Chg $ Chg % # Of
Highs
# Of
Lows
BPOW 5.59 5.00 -0.59 -10.55%
LUMBER 1.97 1.78 -0.19 -9.64%
MPCCEL 231.00 210.00 -21.00 -9.09%
MAILPAC 2.31 2.11 -0.20 -8.66%
CBNY 0.13 0.12 -0.01 -7.69%

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

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 2.11 +1.11 +111.00% 1
LUMBER 1.20 1.78 +0.58 +48.33% 2
MTL 0.26 0.31 +0.05 +19.23%
CAC 13.00 15.00 +2.00 +15.38%
KLE 1.53 1.75 +0.22 +14.38%

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.

Β 
Company Open Close Chg $ Chg % # Of
Highs
# Of
Lows
BPOW 6.90 5.00 -1.90 -27.54%
SSLVC 1.50 1.14 -0.36 -24.00%
CAC9.50 1.13 0.90 -0.23 -20.35%
PJX 8.50 7.07 -1.43 -16.82%
FOSRICH 4.85 4.25 -0.60 -12.37%

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 497b Banks
SJ 261b Insurance
SGJ 173b Banks
PJAM 107b Diversified Financial Services
WISYNCO 87b Food Products

Junior Market

Company Value J$ Industry
LASM 20b Food Products
LASD 12b Food & Staples Retailing
AFS 9b Consumer Finance
FTNA 9b Food & Staples Retailing
GENAC 7b Insurance

Top Dividend Stocks

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

Company Yield $ Amt
Paid
CCY
CAR 8.18% 0.6700 JMD
Proven 4.03% 0.0129 USD
EPLY 3.14% 0.4716 JMD
SVL 3.07% 0.7700 JMD
GK 2.23% 1.5500 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 5.71% 0.0890 1 USD
MTL 4.84% 0.0150 1 USD
SML 4.15% 0.2427 2 JMD
GENAC 4.00% 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
CAC9.50 0.90 1.12 1.90 0.78 +69.64% +24.44% +111.11%
EPLY7.50 4.60 4.80 6.50 1.70 +35.42% +4.35% +41.30%
ROC 3.45 3.52 4.00 0.48 +13.64% +2.03% +15.94%
PULS 4.10 4.15 4.64 0.49 +11.81% +1.22% +13.17%
MAILPAC 2.11 2.11 2.14 0.03 +1.42% +0.47% +1.90%
INDIES 2.93 2.94 3.20 0.26 +8.84% +0.34% +9.22%
KPREIT 6.18 6.20 6.90 0.70 +11.29% +0.32% +11.65%

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 3.20 1.20 +60.00% -37.50% 0.00%
CFF 15.64 10.21 15.64 5.43 +53.18% -34.72% 0.00%
MPCCEL 210.00 155.02 210.02 55.00 +35.48% -26.19% 0.00%
BPOW 5.00 4.00 5.59 1.59 +39.75% -20.00% +11.80%
MTL 0.31 0.25 0.27 0.02 +8.00% -19.35% -12.90%
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

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 27.94 +17.68 +172.32% 20
SCIJMD 10.97 25.92 +14.95 +136.28% 10
VMIL 3.76 8.79 +5.03 +133.78% 9
RJR 0.89 1.90 +1.01 +113.48% 8
WISYNCO 10.94 23.28 +12.34 +112.80% 17

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 1.75 -1.40 -44.44% 4
SSLVC 1.95 1.14 -0.81 -41.54% 4
JETCON 3.04 1.80 -1.24 -40.79% 12
PTL 2.90 1.77 -1.13 -38.97% 5
CHL 15.00 9.50 -5.50 -36.67% 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 7.16 +5.28 +280.85% 12 1
LAB 1.00 2.98 +1.98 +198.00% 6
MAILPAC 1.00 2.11 +1.11 +111.00% 1
WIG 0.50 0.97 +0.47 +94.00% 6
MPCCEL 130.00 210.00 +80.00 +61.54% 9 1
LUMBER 1.20 1.78 +0.58 +48.33% 2
SELECTF 1.00 1.12 +0.12 +12.00% 1 5
PTL8.75 2.00 2.05 +0.05 +2.50% 1
JMMBUS6.00 1.00 1.02 +0.02 +2.00%
JMMBGL5.75C 2.00 2.02 +0.02 +1.00% 1
ELMIC 2.00 2.01 +0.01 +0.50%
SELECTMD 1.00 1.00 Β  2
QWI 1.35 1.07 -0.28 -20.74% 1 5
CPFV 46.18 32.00 -14.18 -30.71% 7
ICREATE 1.01 0.68 -0.33 -32.67% 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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