Future Energy Source stunned the market with fabulous results for the first quarter that suggests earnings for the full year should hit 26 cents and thus bringing the PE ratio to a realistic 20 which is comparable to a number of other companies in the market. Demand should come in at the current $5.29 price, it closed on Friday.

138 Student Living should earn 80 cents for the year to September after posting 58 cents for the nine months to June and should move higher. Stationery and Office Supplies reported continued strong 2022 results and will be paying an 18 cents dividend with a second expected based on this year’s good earnings saw more than 551,000 shares trading on Friday in response to the results.
This week’s other ICInsider.com watch list are Access Financial, Caribbean Assurance Brokers, Dolphin Cove, Caribbean Producers, Everything Fresh, Express Catering, General Accident, Guardian Holdings, Jamaica Broilers, Lasco Distributors, Lasco Manufacturing, NCB Financial and Paramount Trading.
Dolphin Cove, Caribbean Producers, Express Catering will be major beneficiaries of the strong rebound in tourist arrivals and the supply of General Accident has declined sharply over the past few weeks, but investors may be reluctant to pile into the stock ahead of the hurricane season.