D&G, Carreras & C&WJ now Buy Rated

IC Insider has added Desnoes & Geddes, Carreras and Cable & Wireless Jamaica to the Buy Rated list.

Desnoes & Geddes reported gains of 21 percent for the six months to December, earnings excluding one-off items and is poised to earn 80 cents for the full year ending in 2014. Forecasted earnings for the 2015 year is $1.10.

For Carreras the worse seems to be over with the last set of interim figures showing sales starting to recover from the impact caused by the price increase and the stock piling of cigarettes in the 2012 December and March 2013 quarters. IC Insider’s forecast is for earnings of around $5 per share for the year to March 2014.

Cable & Wireless’ sharp increase in cellular revenues and cost cutting will change the bottom-line markedly going forward.

Berger Paints Jamaica has been added to the market watch list flowing from a revival in earnings for the March 2014 year.

Related posts | D&G elevated to Buy Rated! | Carreras is back | CWJ loss down with much progress | Berger keeps profit gains

BUY&WATCHFeb12th

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  1. […] per share, for the current year and that will help move the price up. The stock remains IC Insider BUY RATED. Carreras will pay a special capital cash distribution, on December 18, following an interim […]

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  5. […] Profit in the local market before administrative and selling expenses rose 22 percent to reach $1.56 billion but export profits fell slightly to $402 from $468 million in 2012. Based on the latest results, IC Insider is forecasting 80 cents per share earnings for the year to June 2014 and $1.10 for 2015. Based on the company’s expected performance, IC Insider has elevated Desnoes & Geddes to Buy Rated status. […]