One on One Education climbed 11.4 percent during the past week to close at $1.66 following addition to the Stocks to Watch list while Knutsford Express climbed back to close at $9.10 from $8 at the end of the previous week and hit a new 52 weeks’ high of $9.75 on Thursday.
Medical Disposables
Medical Disposables dropped out of the ICTOP10 into the Stocks to Watch, but this publication gathers that the half year results due out by next week will continue to reflect increased cost outpacing the rise in sales. ICInsider.com forecast is for increased profits for the year to March 2023 at 75 cents per share which is likely to eventually push the stock price higher and trigger a stock split in 2023.
Buffetted by the closure of the entertainment business in 2020, Palace Amusement had another tough two years, with the 2022 fiscal year ending with a loss of $257 million, down from a loss of $383 in 2021. The improved result was mainly occasioned by a small profit of $12 million in the final quarter as revenues climbed to $275 million in the fourth quarter bettering the $106 million generated in all of the 2021 fiscal year. Revenues in the fourth quarter were well up on the third quarter with $142 million. The much improved June quarter revenue is still some distance from the $338 million generated in the June 2019 quarter, with a profit then of $36 million, but the 2022 results suggest that the company is not far from getting back to normal levels and if so could boost the stock price, currently in the $800 range and by far the highest priced ordinary share on the market currently.
ICInsider.com watch list comprises Access Financial, Barita Investments, Caribbean Assurance Brokers, Consolidated Bakers, Dolphin Cove, Caribbean Producers, Elite Diagnostic, Everything Fresh, General Accident, Guardian Holdings, Jamaica Broilers, Key Insurance, Knutsford Express, Lasco Distributors, Lasco Manufacturing, Medical Disposables, NCB Financial, One on One, Palace Amusement, Paramount Trading, Scotia Group and Stationery and Office Supplies.
Palace Portmore cinema
Based on recent releases of quarterly results Caribbean Assurance Brokers should be releasing nine months’ results this week that should reflect record earnings, which could move the stock price. The same goes for Lasco Distributors and Lasco Manufacturing and Stationery and Office Supplies should report nine months’ results around November 11.
Major factors to consider going forward. The rebound in tourist arrivals only came back to 2019 levels since June. Providing there are no reversals, then companies who are highly dependent on the sector will enjoy a big bounce for the next nine months compared to the lower business generated since last year to April this year. The same applies to the entertainment industry as the sector only opened up after March this year. Banks will make a fortune from increased interest rates.
Persons who compiled this report may have an interest in securities commented on.
A total of 6,115,628 shares were traded for $18,600,896 down from 7,760,885 units at $23,865,502 on Thursday.
At the close, Access Financial rallied $3.49 in closing at $24.50 with an exchange of 455 shares, AMG Packaging gained 22 cents to end at $3.47 in exchanging 1,777 stocks, Blue Power advanced 28 cents to $3.40 after a transfer of 30 stock units. Consolidated Bakeries popped 19 cents to end at $2.69 with investors transferring 55,236 units, Dolla Financial rose 19 cents to close at $3.39 with 1,588,354 stock units crossing the exchange, General Accident shed 55 cents to end at $4.55, after an exchange of 32,452 units. iCreate declined 12 cents in closing at $2.01 as investors traded 177,311 shares, Indies Pharma increased 13 cents to $2.93 while exchanging 51,231 stocks, KLE Group fell 10 cents to close at $1.70, with 18,070 stocks clearing the market. Knutsford Express dropped 65 cents to $9.10 after trading 19,657 stock units, Lasco Manufacturing climbed 28 cents to $4.25 with a transfer of 5,949 shares, Main Event dipped 35 cents in closing at $9.01 with the swapping of 17,606 units. 
MFS Capital Partners lost 14 cents to end at $3.10 as 121,077 stock units passed through the market and Tropical Battery lost 11 cents in ending at $2.63, with 45,771 shares changing hands.
A total of 7,760,885 shares were traded for $23,865,502 down from 13,259,001 units at $36,695,111 on Wednesday.
At the close, Access Financial dropped $3.48 to $21.01 after trading 90 shares, AMG Packaging dipped 23 cents to close at $3.25 in switching ownership of 19,390 stock units, Caribbean Flavours rallied 10 cents to $1.74, 921 stocks crossing the market. Consolidated Bakeries fell 20 cents to $2.50 after 5,000 units passed through the market, General Accident popped 55 cents in closing at $5.10 with investors transferring 5,900 stocks, Jamaican Teas lost 28 cents to end at $2.65 with an exchange of 703,231 stock units. KLE Group climbed 13 cents to $1.80 with a transfer of 62,398 units, Knutsford Express rose 45 cents to close at a 52 weeks’ high of $9.75 after 6,498 shares crossed the exchange, Lasco Financial advanced 12 cents to end at $2.84 with dealings in 47,470 shares. Lasco Manufacturing shed 31 cents in closing at $3.97 as investors exchanged a mere 500 units, Limners and Bards dropped 34 cents in closing at a 52 weeks’ low of $2.35 with the swapping of 144,562 units, Lumber Depot gained 11 cents to end at $2.79 with 95,507 stock units clearing the market. 
Main Event increased 31 cents to close at $9.36 while exchanging 153,217 shares, Paramount Trading slipped 13 cents to $1.87 after an exchange of 15,083 stocks, Stationery and Office Supplies dipped 85 cents in ending at $15.75 in trading 1,200 stock units and Tropical Battery gained 13 cents to $2.74 after 183,156 units crossed the market.
A total of 13,259,001 shares were traded for $36,695,111 up from 11,656,909 units at $35,649,120 on Tuesday.
At the close, Access Financial popped $2.94 to $24.49 in switching ownership of 10 shares, Blue Power declined 28 cents to close at $3.12, with 9,278 units crossing the market, Cargo Handlers rose $1.28 to end at $13.58 while exchanging ten stocks. Dolla Financial dipped 15 cents in closing at $3.20 as investors exchanged 2,284,205 stock units, EduFocal rallied 18 cents to $2.79 in an exchange of 601,368 stocks, Future Energy Source increased 10 cents to close at $5.15 with a transfer of 232,813 units. Honey Bun advanced 26 cents in closing at $7.31 after trading 13,661 stock units, Indies Pharma dipped 11 cents to $2.87 with investors transferring 30,246 shares, Jamaican Teas climbed 12 cents to end at $2.93 after trading 2,017,419 shares. Knutsford Express gained $1.15 to end at $9.30 with an exchange of 1,552 stocks, Lasco Manufacturing climbed 20 cents to $4.28 after 9,801 stock units changed hands, Lumber Depot lost 20 cents in closing at $2.68, with 51,429 units crossing the exchange. Main Event rose 55 cents to $9.05 after an exchange of 78,518 shares, Medical Disposables increased 80 cents to close at $6, with 100,000 stocks clearing the market, 
ONE on ONE Educational popped 14 cents to $1.64, with 1,735,161 stock units changing hands. Paramount Trading rallied 15 cents to $2 in an exchange of 18,180 units and Stationery and Office Supplies gained 60 cents to end at $16.60 after exchanging 49,249 stocks.
A total of 11,656,909 shares were exchanged for $35,649,120 up from 11,511,945 units at $33,462,450 on Monday.
At the close, AMG Packaging advanced 39 cents to $3.49, with 4,200 shares clearing the market, Blue Power popped 30 cents to $3.40 in exchanging 100 stock units, Cargo Handlers climbed 64 cents to $12.30 with an exchange of 100 units. Caribbean Cream lost 14 cents to close at $3.86, 12,600 stocks crossing the market, Caribbean Flavours fell 10 cents in closing at $1.60 with a transfer of 81,522 shares, Consolidated Bakeries rose 10 cents to $2.70 after trading just 303 units. Dolphin Cove declined 47 cents to $12.99 in trading 4,857 stock units, EduFocal dipped 10 cents to close at $2.61 while exchanging 1,036,916 stocks, Fontana rallied 14 cents to $9.15 as investors exchanged 58,498 shares. Fosrich gained 20 cents to end at $4.60 with investors transferring 1,434,154 units, Iron Rock Insurance shed 30 cents after ending at $2.20 and exchanging 10,024 stocks, Jamaican Teas gained 28 cents to end at $2.81 as 470,221 stock units passed through the market. JFP Ltd rose 10 cents to close at $1.75, with 725,904 units crossing the market, KLE Group dropped 27 cents to $1.67 after exchanging 20,000 stocks, 
Lumber Depot popped 35 cents in closing at $2.88, with 32,671 stock units changing hands. MFS Capital Partners rallied 28 cents to close at $3.25 in switching ownership of 1,427,574 shares and Stationery and Office Supplies rallied 20 cents to $16 with the swapping of 33,470 stock units.
Investors traded 11,511,945 shares for $33,462,450, up sharply from 3,421,711 units at $9,593,022 on Friday. Trading averaged 280,779 shares at $816,157 compared with 83,456 units at $233,976 on Friday with a month to date average of 249,837 units at $786,553 compared to 247,709 stock units at $784,516 on the previous trading day. Trading in September averaged 470,099 units at $1,578,447.
At the close, Access Financial dipped $2.45 to end at $21.55, as 3,105 shares passed through the market, AMG Packaging shed 40 cents in closing at $3.10 after a transfer of 21,198 stock units, Blue Power fell 34 cents to $3.10 with investors transferring 665 units. Cargo Handlers dropped $1.68 to close at $11.66 after trading 100 stocks, Express Catering climbed 22 cents in ending at $5.30 as investors traded 2,000 shares, Fontana dipped 14 cents to $9.01 in switching ownership of 49,934 stock units. Future Energy Source lost 29 cents to close at $5.11 after exchanging 488,491 units, General Accident shed 52 cents in ending at a 52 weeks’ low of $4.55 and closed with 18,329 stocks changing hands, Honey Bun declined 64 cents to end at $7.02 with a transfer of 31,506 stocks. Indies Pharma rallied 17 cents to $2.97, with 23,098 shares crossing the market, ISP Finance lost $1.96 to close at $15.05, with 100 stock units clearing the market, Lasco Manufacturing fell 75 cents to end at $4 after trading 20,238 units. Lumber Depot dropped 36 cents to $2.53 in dealing 58,441 units, Medical Disposables dipped 64 cents to $5.15 while exchanging 5,100 stocks, 
MFS Capital Partners gained 17 cents in closing at $2.97, trading 199,646 stock units. Paramount Trading fell 22 cents in closing at $1.82 with an exchange of 158,084 shares, Spur Tree Spices shed 15 cents ending at $3.48, with 416,422 units crossing the market, Stationery and Office Supplies rose 65 cents to $15.80, with 18,810 stock units changing hands. Tropical Battery increased 24 cents to end at $2.69 with the swapping of 2,964,487 stocks and tTech advanced 59 cents to $3.29, with four shares crossing the exchange.
ICInsider.com watch list comprises now Access Financial, Barita Investments, Caribbean Assurance Brokers, Consolidated Bakers, Dolphin Cove, Caribbean Producers, Elite Diagnostic, Everything Fresh, General Accident, Guardian Holdings, Jamaica Broilers, Key Insurance, Knutsford Express, Lasco Distributors, Lasco Manufacturing, NCB Financial, One on One, Paramount Trading, Scotia Group and Stationery and Office Supplies.
Significant factors to consider going forward. Based on recent releases Caribbean Assurance Brokers should be releasing nine months’ results this coming week to reflect record earnings, which could move the stock price. The same goes for Lasco Distributors and Lasco Manufacturing. The rebound in tourist arrivals only came back to 2019 levels since June. Providing there are no reversals, companies highly dependent on the sector will enjoy a big bounce for the next nine months compared to the lower business generated from last year to April this year. The same applies to the entertainment industry,y as the sector only opened up after March this year. Banks will make a fortune from increased interest rates.
Investors traded 3,421,711 shares for $9,593,022 compared to 6,285,227 units at $22,042,267 on Thursday.
At the close, Access Financial jumped $3.70 to close at $24 after trading 69 shares, AMG Packaging dipped 10 cents to end at $3.50, with 869 stocks crossing the market, Blue Power advanced 31 cents in closing at $3.44 with 100 stock units changing hands. Dolla Financial rose 10 cents to $3.40 with an exchange of 209,807 units, Dolphin Cove dipped 24 cents to $13.50 after an exchange of 2,301 stocks, Everything Fresh rallied 18 cents to $1.78, with 5,412 units clearing the market. Express Catering fell 28 cents to $5.08 as investors exchanged 32,802 stock units, Fontana shed 25 cents to end at $9.15 in trading 68,059 shares, Future Energy Source declined 10 cents in closing at $5.40 with investors transferring 178,534 stocks. Honey Bun lost 44 cents to close at $7.66 in switching ownership of 1,500 units, Indies Pharma shed 14 cents after ending at $2.80, with 102,986 stock units crossing the exchange, ISP Finance popped $2.01 to end at $17.01 with the swapping of just one share. 
Knutsford Express lost $1.29 to end at $8.06 with 4,152 units clearing the market, Medical Disposables climbed 69 cents to close at $5.79 with a transfer of 55 stocks and Stationery and Office Supplies dropped 84 cents in closing at $15.15 as 8,310 shares passed through the market.
Investors traded 6,285,227 shares for $22,042,267 versus 6,618,235 units at $17,556,220 on Wednesday.
At the close, Access Financial advanced 11 cents to close at $20.30 after an exchange of ten shares, Cargo Handlers increased 34 cents to $13.34 after a transfer of 2,004 stocks, Dolla Financial lost 14 cents to end at $3.30 in an exchange of 1,237,664 stock units. Elite Diagnostic popped 17 cents in closing at $3.59 in trading 15,172 units, Fontana climbed 24 cents to $9.40 with 36,521 stocks changing hands, Future Energy Source rallied 15 cents in closing at $5.50 as investors exchanged 132,818 units. Honey Bun gained 48 cents in ending at $8.10, with 16,661 stock units crossing the market, ISP Finance shed $5 to close at a 52 weeks’ low of $15 after exchanging 400 shares, Knutsford Express rose 35 cents to end at a 52 weeks’ high of $9.35 after trading 30,139 stock units. Lasco Distributors fell 15 cents to $2.84 with the swapping of 8,336 shares, Lasco Manufacturing rallied 45 cents to $4.75 in switching ownership of 2,030,085 units, Lumber Depot advanced 11 cents to close at $2.90 while exchanging 71,107 stocks. 
Main Event increased 10 cents to $8.50, with 45,075 shares changing hands, Stationery and Office Supplies popped 79 cents to $15.99, with 39,501 units clearing the market and tTech declined 35 cents in closing at $2.70, with 7,000 stock units passing through the market.
A total of 6,618,235 shares were exchanged for $17,556,220 up from 6,590,370 units at $16,862,106 on Tuesday.
At the close, Access Financial dropped $3.81 in closing at $20.19, with 23 shares changing hands, AMG Packaging climbed 10 cents to $3.60 after trading 454,722 stock units, Caribbean Assurance Brokers rose 15 cents to $2.60 in exchanging 441,293 stock units. Consolidated Bakeries declined 19 cents to $2.51 after an exchange of 38,248 units, Dolla Financial rallied 14 cents to $3.44 in trading 1,040,889 shares, Elite Diagnostic fell 15 cents to close at $3.42 with a transfer of 101,812 stock units. Fontana lost 24 cents to end at $9.16, with 42,852 units clearing the market, Future Energy Source popped 22 cents to $5.35 with the swapping of 301,333 stocks, iCreate rallied 13 cents to $2.24, with 291,871 stock units crossing the market. Knutsford Express rose 10 cents in closing at a 52 weeks’ high of $9 after trading 5,620 shares, Lasco Distributors gained 18 cents to end at $2.99, with 19,778 stocks changing hands, Limners and Bards rallied 10 cents to $2.60 after exchanging 400 units. Main Event rose 60 cents in ending at $8.40 after an exchange of 15,612 stocks, 
MFS Capital Partners dipped 29 cents in closing at $2.67, with 104,000 shares crossing the market, Spur Tree Spices advanced 10 cents to close at $3.65 after a transfer of 57,347 stock units. Stationery and Office Supplies increased 15 cents to $15.20 with investors transferring 6,878 units and tTech shed 24 cents in closing at $3.05 after finishing the trading of 146 stock units.
